Bond International Share Discussion Threads

[napoleon 14th] 31/12/2007 09:41

One last fling for the year; picked up 5,000 @ 165p.

Good value over 12 months....

[pol2eath] 28/12/2007 18:11

Third time lucky LOL :-)

[napoleon 14th] 28/12/2007 18:01

Chartists: -
Draw the 5yr support from 11.5p;
You'll see we bounced off this twice in the Nov/Dec double bot., at 134 & 137p.
Seems to be a text-book case playing itself out/up!!!

[rivaldo] 27/12/2007 22:38

Hi Beaufort1, sorry I didn't spot your post before! As you know I also sold FDP some time ago (mostly around 320p-325p flukily). It's an excellent company, but I'm not sure it's "cheap" any more so there's no point in rushing back in as it could be down 30p in the blink of an eye given the volatility.

BDI on the other hand should be on a current year P/E of 9 with a cash pile, lots of recurring income and market leadership. Assuming an upcoming 2007 trading statement is OK, now that's what I call cheap :o))

[rivaldo] 26/12/2007 23:13

Nice coverage on UK-Analyst's market round-up:

"Bond International (BDI), the recruitment software company, saw its shares soar 14.5p to 155.5p after it announced a multi-million pound three-year order win. The company said the deal covers the implementation of its Adapt product at a leading international recruitment company. "We have immense experience and an impeccable track record and I am confident that through Adapt Recruitment we can deliver significant business benefits to our client's global business," said chief executive Steve Russell."

[beaufort1] 24/12/2007 10:30

Oh hi Rivaldo - good to hear from you again. We used to corresponsd on the FDP thread. I sold my shareholding there a while ago - might be worth taking another look now, though I imagine derivatives trading systems may not be the place to be.

Just bought into Domino's Pizza, which looks way oversold on the back of the mid-market restaurant slump.

[beaufort1] 24/12/2007 09:22

Looks well worth investing in at nearly 30% off its recent highs. I seem to recall that BDI did a fund-raising at about 220p not so long ago. The institutional investors won't be too happy about that...

[p0lzeath] 24/12/2007 08:28

Somebody smells VFM ;-)

[rivaldo] 24/12/2007 07:32

News:


"Contract

Bond International Software, the leading provider of specialist recruitment
software solutions, today announces a multi million pound order over a minimum
of three years for the implementation of its Adapt product at a leading
international recruitment company.

Steve Russell, Group CEO, commented that 'We have immense experience and an
impeccable track record and I am confident that through Adapt Recruitment we can deliver significant business benefits to our client's global business.'"

PS : worth repeating for those who weren't around on Friday afternoon :o))

[p0lzeath] 23/12/2007 18:48

OTOH I could be right LOL

[p0lzeath] 23/12/2007 18:08

I could be wrong.

[rivaldo] 23/12/2007 16:48

:o)) Pol, that's obviously a typo for 220p, given the high recurring income, the single-figure P/E and all the other positives....and after all, 220p is only the price Fidelity paid to invest £5m in BDI in the summer, so they obviously expect great things.

[p0lzeath] 23/12/2007 15:28

Not so sure share price won't test 120p, myself.

[rivaldo] 23/12/2007 10:10

Typical of BDI to announce a multi-million pound contract on a Friday lunchtime on about the quietest trading day of the year!

Hopefully there'll be some further buying interest tomorrow and through the New Year.

[rivaldo] 21/12/2007 15:32

Loks like a 100k buy has done the trick nicely....

[rivaldo] 21/12/2007 14:12

Lovely stuff - even more visibility of forward earnings now. The valuation here is just ridiculously low imo.

BDI already had Manpower and Hays sewn up - I wonder which new company this is?



"Contract

Bond International Software, the leading provider of specialist recruitment
software solutions, today announces a multi million pound order over a minimum
of three years for the implementation of its Adapt product at a leading
international recruitment company.

Steve Russell, Group CEO, commented that 'We have immense experience and an
impeccable track record and I am confident that through Adapt Recruitment we can deliver significant business benefits to our client's global business.'"

[capa] 21/12/2007 13:06

Lovely contract news just out.

Now, can we get back to £2.00 please

capa

[rivaldo] 21/12/2007 12:46

A straw in the wind - perhaps the NIS bid will liven things up for software company PLCs. Given the fundamentals in my post above and the fact that BDI have high recurring revenues covering their cost base, as a market leader BDI must have its attractions.

I've just read that the average forward P/E for software companies is 14 - so BDI should be trading at around 255p or more.

[rivaldo] 20/12/2007 23:19

The what will soon be historic 2007 P/E for BDI is now 8.6.

The 2008 P/E is 7.7.

BDI has plenty of net cash in hand.

The pound is now down to $1.98 and falling fast so BDI benefit accordingly.

The recruitment agencies are all reporting strong performances and a positive outlook - HVN are just the latest (the only blip is in the financial services sector as is to be expected).

Strange days indeed NJP (to quote John Lennon).

[napoleon 14th] 19/12/2007 03:05

Despite the fundies, the chart looks weak.

I'm looking to add but IMHO it's still away from a low.
MACD turning very -ive.

Although it doesn't affect the UK, Y/E tax planning is affecting SPs. elsewhere (ROW). IMHO things will remain unpleasant for a few days yet.

[njp] 18/12/2007 22:31

Crazy times indeed, riv!

[rivaldo] 18/12/2007 22:26

Down 7% on just 60k shares traded - I know BDI is volatile but that's ridiculous.

At 145p the 2008 P/E is now 7.9, whilst the historic P/E will be 8.5 assuming Oriel's forecasts are met. With a cash pile too.

And this on the same day that BDI get a full page feature in a Business Excellence supplement with today's Times. Some nuggets, including:

- BDI are working with Yorkshire Water Services, one of Europe's top utility providers
- and BDI "last week...signed up a large global retail business"

In addition:
- BDI opened a Hong Kong office 18 months ago to go after the Hong Kong and Chinese markets
- the newly released Adapt V2 resolves issues of different languages used in the different offices of multinationals
- and it copes with different legislative frameworks worldwide

It concludes "Our consultative approach to implementing our technology is a big part of the success we are experiencing both during the sales stage and throughout the client's use of the Bond Talent situation".

Let's hope that's reflected in a trading statement. I see the pound is rapidly weakening against the dollar now too, which will be helpful.

[rivaldo] 12/12/2007 09:23

What is it with some BDI investors - the slightest sign of nervousness in the USA and there's an immediate bail-out!

The 2008 P/E is now down to just 9.

[santangello] 10/12/2007 20:43

I think the update is due early Jan....