Atlantic Global Share Discussion Threads

[paulkent] 01/7/2003 08:33

exactly..cynicall mms know how good this is..they prob jsut wanted as much cheap stock as they could get...oh look..what a shock..going back up as fast as it fell!!!

[lex1000] 01/7/2003 08:27

L2 turning +ve.

[alroyrob] 01/7/2003 08:26

mm are trying to get people to sell, overdoing the fall, they want your shares.

[paulkent] 01/7/2003 08:24

this is the most mental price turnround ive ever witnessed...
this contract, is worth £300000 THIS year alone, ie in the next six months, there's a 3 yr maintenance deal as well...if the license has cost £200 each you can assume the maintenenace cost will be about 20% of that?..prob adding £60000 plus to ongoing revenue...PLUS it means the new software actually SELLS...and if Aviva have bought it straight out the box then you can bet others will too coz it obviously does something very valuable and instantly obvious, ..thus adding more THIS YEAR revenue, and MORE to ongoing annual repeated revenue...PLUS, if u go back, the March statement said the first three months had been good and "SALES INTEREST HAD NEVER BEEN HIGHER" in their OTHER products not to mention the new one!!!...if they only get four more sales of half this size of the new product by the end of Xmas, and the rest of the business jsut stands still, then youre looking at possible profits of over £1mill, with recurring revenues up as well, with presumably more sales next year, looking at profits doubling for 04?..makes a mkt cap of anything LESS than £20mill cheap and pretty safe to buy i would say..

[khuduke] 01/7/2003 08:22

Good news.....shares drop.....why????

[lex1000] 01/7/2003 08:16

Ouch..mms showing no mercy,73p/76p minus -25%+ from this mornings highs.

[bbbb] 01/7/2003 08:10

£1.5m turnover increased by £300,000 this year from new contract.
£21m market cap @81p, £13m increase in market cap since beginning of june.

[jayjay3] 01/7/2003 08:08

Clearly initial contract is not sufficient to justify extent of rise but if more do sign up I believe this will rise further. just waiting to see where it settles.

[alroyrob] 01/7/2003 08:08

Of course its good news, and there will be plenty more to follow!

[lex1000] 01/7/2003 07:57

Decided against chasing share price too high.Painful for those buying @ 98p to see 83p/84p.

[trt] 01/7/2003 07:54

Good news guys,

This a big contract for a company this size and will bring other compaines on board who will be happy to follow Norwich Union's lead.

There maybe some selling but I for one will add on any weakness

[nurdin] 01/7/2003 07:54

This is one of several to follow imo.Insurance/banking sector is on the up and now beginning to spend money on IT.ATL will be first in line to benefit

[skyfella1] 01/7/2003 07:45

RNS Number:9916M
Atlantic Global PLC
01 July 2003


For Immediate Release 1 July 2003

Atlantic Global Plc ("Atlantic Global" or "the Company")

Largest contract win to date

-Norwich Union to license new "Adeo Corporate Vision" Software



Atlantic Global, the AIM listed West Yorkshire based specialist developer of
business management software applications, announces that it has been awarded
its largest contract win to date, worth over #300,000 in revenues in the current
financial year. The contract, awarded by Norwich Union, part of Aviva, the UK's
largest insurer, is for Atlantic Global to supply an initial 1,500 licenses for
its new Business Portfolio, Project, Resource and Milestone Management software,
'Adeo Corporate Vision'. Norwich Union has also signed a three year maintenance
contract in respect of the software.


This new addition to the Adeo product range has been developed over the past two
years and its unique design will enable organisations to manage resource and
expenditure budgets together with business and project delivery milestones,
providing clear visibility at all levels within the organisation. It will also
profile the demand and supply of resources using a simple, easy to use
interface. When used with the other products in the range, Adeo provides a
comprehensive business management suite.


Commenting on the new contract award, Eugene Blaine, Managing Director of
Atlantic Global, said:

"This new contract consolidates our position as one of the fastest growing
software suppliers to the financial services sector. Norwich Union is one of a
number of blue-chip customers we have in this sector, including Barclays Bank,
HSBC and Cattles Plc.


"Adeo Corporate Vision is the result of an extensive development and testing
programme with several of our customers notably pharmaceuticals giant Pfizer and
latterly Norwich Union. We believe this product represents a radical departure
from conventional solutions and is aimed very much at the efficient delivery of
business objectives in service-based organizations."





-Ends-


Enquiries:

Eugene Blaine, Managing Director

Rupert Hutton, Finance Director

Atlantic Global Plc 01272-863300


Paul Vann

Binns & Co PR Limited 020 7786 9600

([e-mail])






This information is provided by RNS
The company news service from the London Stock Exchange

END
CNTUUUQWMUPWURG

[jayjay3] 01/7/2003 07:04

missed the boat on these but for all that havent - bloody well done ! A little gem.

[blopblup] 01/7/2003 07:00

It should be renamed Atlantic goforit!!!!!!

That bloke interglobe is one jealous person...cos he missed out!!!!Yet he won't have a bad word said against Gresham computing for which I also own shares.He is very sad!!!

[element] 01/7/2003 06:42

Also gets a mention in The Times, page 2.

[saskatoon] 01/7/2003 06:27

You have to be telling the truth to get maximum porridge........lol

[interglobe] 01/7/2003 06:23

ttjohnson

No, it's just that it's against the law....if you didn't know ?

7 years max I think ?

InterGlobe

[blopblup] 01/7/2003 06:08

Nothing in daily mail though....because Geoff Foster wasn't writing the column..maybe tomorrow!!!

[trt] 01/7/2003 05:48

Morning guys,

As expected press comment today re ATL

Guardian page 18 mentions yesterday's annoucement and price rise.

Can't get my hands on a Daily Mail at the moment though.

[trt] 30/6/2003 23:39

Yes Morose,

This RNS puts to bed any doubts folk may well have had.

Just look at the list again of all those Blue chip companies that currently use ATL software and you realise if only a small percentage of them started to use this new software how lucrative it will be. This software will probably be universal and not necessarily specific to the insurance industry.

Pharmaceuticals Finance & Consulting

GSK Plc
Pfizer Limited
Astra Zeneca
UCS Chemicals
Norwich Union
Barclays Bank plc
HSBC Actuaries
Allied Irish Bank
Cap Gemini Ernst & Young
Cattles Group Plc
Dunnhumby
Continental Reinsurance
Raft International Plc


IT Services Professional Services

Hitachi
Intel Ireland Ltd
Vicorp UK
Serco Technology
NEC Tehnologies
Computacenter
Computeraid Services
Computer Solutions
Scott Tallon Walker Architects


Public Services Telecommunications

Metropolitan Police
Belfast City Council
East Riding Council
RTC North
Waltham Forest Council
Virgin Mobile Telecom Ltd
Ericsson
Colt
LogicaCMG
Interoute Limited
Vicorp Limited


Good opportunity to grab a few more at under 83p.

[nurdin] 30/6/2003 23:34

MMs playing the game astutely!

[paulkent] 30/6/2003 23:26

just daily profit taking surely...?

[morose] 30/6/2003 23:11

trt
hope yer right - AGAIN