Bond International Share Discussion Threads

[boadicea] 23/2/2010 14:37

Constellation Software Inc. hold 10.35% of BDI.
In mid-December they were at 3.48% and have increased rapidly over the past month or so.

From their web site -
"We acquire, manage and build industry specific software businesses which provide specialized, mission-critical software solutions that address the particular needs of our customers. Our businesses continuously develop innovative solutions that enable our customers to achieve their objectives."

Note the second word in that quote!

[kruger2004] 29/1/2010 15:56

not sure why bdi haven't announced who has bought the shares, as there is a requirement to disclose everytime a shareholder goes above 3% and each 1% level above that, so if Constellation they should have announced.

Also Axa sold 955k shares (i think) but about 2 million shares were bought/ sold earlier in the week, who sold the other million?

[rivaldo] 29/1/2010 13:36

Yep - bound to be Constellation buying more imho.

I'm thinking about getting back in here. I still get news alerts about BDI, and Bond Talent has been winning a lot of big name contracts recently.

Just a question of timing really. BDI was always going to be an acquisition target at some point, and Constellation may just be the trigger for something happening.

[curlingstone] 29/1/2010 12:48

boadicea

Axa notified the company on the 2nd November 2009 that they had 4,955,451 shares, or 15.01%. therefore they are the seller as they now own 4,072,801.
Someone else has been paying up!

[boadicea] 28/1/2010 16:39

Implies that AXA were the buyer noted yesterday.

[boadicea] 27/1/2010 11:37

Two million bought at 80p this morning.

Quite an investment and presumably yielding a good profit for mm's who must have been accumulating for a prospective buyer around the 60-65p level ever since the December tu.

Expect to see a holdings announcement soon as it is 6.046% of the issue.
Is it a portent of corporate action?

The 17% rise it has caused is possibly large enough to warrant a company statement.

[ed the business] 09/12/2009 19:33

Hmm, underneath it's all about delay/ deferment. Good company when the dust settles/ economy goes back into growth properly (2011).

Buying opp when it hits the bottom.

[slapdash] 09/12/2009 19:07

correct call above

not sure where this warning leaves the company.... tough times ahead

[ed the business] 02/11/2009 21:17

Sorry Boodica - see this double dipping in line with the economy, could be wrong

[boadicea] 02/11/2009 20:48

AXA holding now over 15% -


Their previous notification was 14.13% in Dec '08.

[afiaaktar] 22/9/2009 10:29

A couple of decent contracts recently announced.
Results tomorrow.
Could be interesting.

[investinggarden] 10/9/2009 11:55

Buy/Hold recommendation from Growth Company Investor

[boadicea] 08/9/2009 09:25

ShareCrazy 'Tip of the Week' -

[cambium] 04/9/2009 07:44

great comparisons with GNG this morning, some clever bod could probably overlay the two graphs to see how much they compare....

[stefield] 04/9/2009 07:06

new contract with the govt. looks interesting

[chrissey] 20/7/2009 19:11

yes, the MM's will have great fun with this for a while.
the coverage is interesting but not compelling, it's all based on the economy turning and I would put 90% of all stocks into that category!

good luck all holders, I would have bought if I could have got in quick enough but only to take the mark up.

[blobby] 20/7/2009 10:25

Yep, tipped on t1ps.com

[boadicea] 20/7/2009 08:53

Just 5 trades in the whole of last week and today we have 7 before breakfast!
Presumably it has been tipped, or else news is leaking.

[boadicea] 11/6/2009 13:28

AGM Statement

Martin Baldwin, Chairman of Bond International Software plc, the specialist
provider of software for the international recruitment and human resources
industries, will make the following statement at the Company's Annual General
Meeting to be held at midday today:

"I am pleased that, despite the continuing economic uncertainty, the
Company continues to make satisfactory progress. The strength of our product
portfolio together with the high level of recurring income has allowed Bond to
withstand the worst effects of the downturn and to continue to trade
profitably."

[boadicea] 09/6/2009 08:42

Another contract - only RNS-reach status, but at least they keep us informed and it all adds up.

[jonwig] 28/5/2009 17:29

Markt ... 3i raised cash to reduce its debt...to protect itself I assume

It was a matter of deleveraging the balance sheet with debt maturing in due course, either the RI or a substantial asset disposal. The latter would have been at unattractive prices, it was feared that a RI would be shunned. As it is, the RI should get away quite nicely.
[I'm a holder.]

Agreed about current news - govt bond markets (UK and US) look very worrying with rates likely to rise at the longer end, shutting off recovery; OR - QE is redoubled with inflation fears rising again.
Index-linked the place to hide?

[markt] 28/5/2009 17:13

GM looks to be ...bust
3i raised cash to reduce its debt...to protect itself I assume
Prices fall for another month in a row in some countries
UK shop sales down
European growth etc ..-ve but not as -ve as it was !!
UK and USA Gov.t loans may be downgraded by Moodys etc


.....maybe I am too cautious...but all this bad news ...major stuff....
..I don't see any green shoots yet...more like 'more of the grass keeps dying' !

Bond results were till end of 2008....a good % amount of the bad news has been since then...so could still be to appear in future Bond accounts...who knows what 2009 will bring...
(looking at the Payroll sector...low profit % on turnover......not going to hold up Bond profits....if Recruitment sector stays bad then surely Bond will suffer (to what degree is key question)...even if wins occasional new contract

[kruger2004] 27/5/2009 14:00

jonwig

missed that it was a reach not an rns. Fair enough then.

On the R&D side; they are amortising capitalised R&D and have been for a few years but to date has always been significantly less than the sum capitalised. At some point, the amortisation will catch up and reduce reported profits.

also now have net debt which is a real turnround in past 2 years, albeit this is mainly due to cash payments on acquisitions