Atlantic Lithium Share Discussion Threads

[gregmorg] 01/2/2010 10:48

Broker Date Rec Pre-tax (£) EPS(£p) DPS(£p) Pre-tax(£) EPS(£p) DPS(£p)
Numis Securities... 29-01-10 ADD 3.10 5.70 4.50 5.20
Edison Investmen... 27-11-09 None 3.36 4.30 5.17 5.80

See above.
Can anyone explain why the shop(ie house broker)has a second year forecast which shows pre tax profits rising yet EPS falling?

This year the eps is impacted by the rise to a full tax charge so it looks as if they forecast a drop in EPS TO 5.7p and that hangs together. The last acquistion has higher Swedish tax rate but the company has stated that acquisition to be significantly earnings enhancing-- so that cannot explain it.

It maybe that they haven't revised their year two forecast yet that doesn't seem to be right either given the forecast profits.This forecast appears to be dated 29.01.10. All the words in the last Co statement seem right and very encouraging yet the shops's projected numbers do not tally with that.

[jakleeds] 29/1/2010 18:57

Thanks Andy, I've updated the header accordingly.

[andy] 29/1/2010 18:37

New article by Proactiveinvestors.com

[gregmorg] 29/1/2010 10:11

Yes I must say the much worded statement reads extremely well and I too was excited till I got to the EPS whereupon my enthusiasm faded a tad. The impact of the full tax charge had to be faced sooner or later so that's life. Rather interestingly the fd is stepping aside and a more international chief financial officer is taking over for the next phase of development. More international deals on the way by the looks of it. Providing they are well controlled/managed then quite exciting and that will raise the co profile amongst investors.

No doubt the controlling stockbroker will now edge up his forecasts for the full year and next year. However in my opinion it will need a bit of a roadshow before the share price moves forward significantly. Maybe a bit of stock is around currently now that the figures are out of the way. Medium term it does look rather good.Hope it all stays together but so far- excellent.

[jakleeds] 29/1/2010 07:24

An outstanding set of results, with a fantastic outlook.

Financial Highlights

o Revenue increased by 38% to GBP9.0m (2008: GBP6.5m)
- Licence revenue increased by 14% to GBP3.5m (2008: GBP3.0m)
- Services revenue increased by 59% to GBP5.5m (2008: GBP3.4m)
- Healthcare revenue increased by 36% to GBP6.1m (2008: GBP4.5m)
o Trading profit* increased by 43% to GBP1.12m (2008: GBP0.78m)
o Trading profit* margin of 12.5% (2008: 12.1%)
o Diluted adjusted EPS (excluding share-based payments and amortisation of intangibles) increased by 10% to
1.9p (2008: 1.8p), reflecting an increase in the effective taxation rate
o Cash balances as at 30 November 2009 of GBP4.7m (2008: GBP2.8m)

[king_roster_iii] 28/1/2010 11:35

Just heard from my broker that Allocate interim results due tomoroow. Lets hope we get excess of £8 million revenues from the last 6 months and an indication of how "significant" the uplift on earnings will be with the TimeCare acquisition.

[jakleeds] 26/1/2010 12:09

26 January 2010
Allocate Software Ranked #1 e-Rostering solutions provider by the London Procurement Programme on its new Workforce Optimisation Framework.

Allocate Software plc (AIM:ALL), the leading provider of workforce optimisation and electronic rostering solutions in the UK healthcare market, is pleased to announce its selection by the London Procurement Programme (LPP) on to its new Workforce Optimisation Framework. Allocate achieved the highest evaluation score in the two categories, e-Rostering Software and Staff Bank Software, against a functionality and value specification required by the LPP.

The framework has been created in response to the growing demand for e-Rostering from NHS organisations across London (Acute, Mental Health and PCT Provider Arms), who are looking toward technology to deliver cost efficiencies for the financially challenging years ahead.

The selection by LPP, following a rigorous tender process, further demonstrates Allocate Software's position as the leading supplier of e-Rostering and workforce optimisation solutions to the NHS. Today, 20 of over 100 NHS Trusts which use MAPS Healthroster are London based (14 Acute, four Mental Health Trusts and two PCTs) and benefit from the significant reductions the e-Rostering solution delivers in workforce costs, with average efficiency savings of 5%.

The detailed evaluation work completed by LPP will deliver considerable time savings to Trusts embarking on e-Rostering projects, as it will reduce the lengthy procurement process and therefore contribute to significant cost savings.
Ian Bowles, Chief Executive of Allocate Software commented: "We are pleased to have been selected for this very important framework, which will help London Trusts procure the highest quality of services whilst ensuring the best value for money. MAPS Healthroster is currently in use in over 100 NHS Trusts, including 20 in London itself. By being part of this framework, we are able to continue offering Trusts across London the latest technology and innovations to deliver improved efficiencies and productivity whilst maintaining the highest levels of care."
Enquiries:
Allocate Software
Ian Bowles - CEO
Claire Parsons – Corporate Marketing Manager
Tel: [phone]

About Allocate Software

Allocate Software plc is the leading workforce optimisation software applications provider for world-wide organisations with large, multi-skilled workforces. With a blue chip client base spanning the public and private sector, its key vertical markets include: Healthcare, Defence, Maritime and Government & Education.

At the core of the business is Allocate's workforce optimisation software application, which organisations use to deploy the right people with the right skills, to the right place at the right time.
Headquartered in London, Allocate provides services and support to its increasing international customer base through regional offices in the UK, Sweden, USA, Australia and Malaysia.

[mudbath] 15/1/2010 15:21

jakleeds took the time to post over on the WSI thread,mentioning that ALL were a comparable company(on several counts),to Workplace Systems international,both having excellent prospects,whilst both are forecast to announce profits approaching £2million in the next financial year.Both shares are reflecting strong prospects,yet WSI is capitalized at just £12.5million,whereas ALL has a Market Cap of £33million!!Keep an eye on both possibly.

[n1blet] 14/1/2010 19:41

Looks like a biggish buyer in the background to me, persuading some longterm holders to give up some stock. That gets things moving. No liquidity, no share price movement.

[king_roster_iii] 11/1/2010 19:59

Volume seems to be increasing signficantly in the run up to the interims. I think we may see them release this week. I suspect the significance of the increase in earnings with the acquisition of TimeCare has started to leak already. Once we get the interims and upgrade from brokers this should drive even more volume. About time too. Good luck to everyone.

[jakleeds] 07/1/2010 14:37

Some nice buys today.

[wjccghcc] 06/1/2010 09:32

Me neither.

[jakleeds] 06/1/2010 09:26

Up again, unbelievable this rise so far. Not complaining tho

[jakleeds] 05/1/2010 14:12

Ok Andy, I've put the link in the header, and will update with any new news/tips we get

cheers

[andy] 05/1/2010 14:06

Jakleeds,

Maybe we should be following the proactiveinvestros.co.uk articles more closely?

[jakleeds] 05/1/2010 14:06

Nice one, congratulations. Go two myself, born on the same day in June 5 years apart.

Have a great 2010 and keep me posted on any shares you like the look of. And if you have any intention of coming anywhere near Leeds then do give me a shout and I may buy you a drink or two.

Anyway, as you can tell I'm excitied about Allocate Software, hoping for another Sage/Torex.

Regards

Jak

[liarspoker] 05/1/2010 12:48

Yeah, not on advfn much. The little fella is keeping me too busy. Got another on the way due late March/early April but Mrs home then so maybe I'll get some more time to myself.

[jakleeds] 05/1/2010 12:40

Afternoon Liars, hope you're well, long time no speak ;-)

[liarspoker] 05/1/2010 12:36

Nice one here jakleeds - well done. :O)

[jakleeds] 05/1/2010 12:35

I suspect some of today's rise must be as a result of the proactive investors update.

Last year's interims were on 21st Jan so there's plenty more good news to come in the near future.

Looking good.

[jakleeds] 05/1/2010 10:05

Yes and off we go again.

[andy] 05/1/2010 10:04

A nice update by proactiveinvestors.co.uk!

[bostonborn] 31/12/2009 09:20

The last interim results were issued on 21st January 2009; anyone know the date for the next interim annoucement?

[jakleeds] 30/12/2009 16:24

Nice to see a little tick up and the spread narrowing slightly. Roll on 2010