Chelford Share Discussion Threads

[shirishg] 22/8/2005 10:08

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[cockneyrebel] 22/8/2005 10:07

Well it looks like the pre-results buying is starting and the shareprice is breaking out too :-)

CR

[money4me] 19/8/2005 19:12

let the good times roll

[markxz] 19/8/2005 16:34

Another New contract signed.

Neopost selects Chelford to implement SAP and Siebel
Europe's leading mailroom equipment supplier is to use a SAP Business Suite from Chelford SAP Solutions to manage its £80m+ turnover UK business. Chelford has been awarded this two stage £2.3m contract as prime contractor for a comprehensive information system across seven sites, managing a turnkey integration with a Siebel Systems customer relationship management solution.

Neopost's UK management decided last year to replace their old mainframe system because it was no longer flexible enough to meet the fast-changing information needs of the business. It was increasing system duplication and causing unnecessary operating and maintenance expense.

"Quality information is key in business today," says Neopost Finance Director, David Riley. "Our decision making depends on a clear and transparent view of performance in every area of the company. Over time, we expect to get a strong return on capital invested in our new systems because they will play such a major role in shaping our future success."

It was important to Neopost's UK management, as part of a French headquartered and Bourse quoted Group, that the new system should be Euro compliant and able to meet international reporting standards and Sarbanes-Oxley requirements. Also, to encourage international information sharing, Neopost wanted a common information system platform across the Group. The SAP Business Suite combination with Siebel Systems met requirements.

"Once we had chosen the systems, we went to SAP to get a recommendation for the best integrators," says David Riley. "SAP introduced us to Chelford, who impressed us with their knowledge of our business, and had a lot of experience in the small and medium company market."

"We were considering appointing them as suppliers of the SAP system and finding a different Siebel supplier ourselves. But Chelford took the initiative and went out and talked to a Siebel Systems sub-contractor. I'm very comfortable with Chelford as prime contractors for the whole implementation. They made a lot of investment in time to make sure their solution was right for us."

The new system will go live on a phased basis in mid to late 2006, providing a SAP and Siebel integrated system for over 300 Neopost users at the main Romford site and branch offices from Livingston to Bristol. The future plan is to link with suppliers in the UK and with Neopost's manufacturing plants in France and Holland to achieve real information integration across the Group.

David Riley is realistic enough to know that this kind of major implementation will throw up problems along the way. "We've developed great confidence in Chelford. Part of the decision process was to have confidence that when things go wrong, we have the kind of partner to put them right."

Chelford Managing Director Trevor Lewis comments: "I am very proud that we have been able to demonstrate to Neopost that we are the right SAP partner for them, and that we have the skills and experience to prime contract and integrate with a Siebel Systems solution. I look forward to a successful relationship between our two companies."


Mark

[cockneyrebel] 19/8/2005 15:04

mm's filling a large buy I'd say - taking every sell on the nose.

CR

[aspex] 18/8/2005 20:07

My first lot (6% of holding)owe me a bit but average cost is just 88p so I will sit in for at least 400p.

[cockneyrebel] 18/8/2005 19:50

not on this PE and after the recent statement Baughfell.

Charles Stanley clients all watching it now too.

CR

[baughfell] 18/8/2005 18:39

Got a note back to say that the results will be mid-Sept exact date to be announced soon.

Wonder if they will drop on the day of results this time as they have on the last 3

[bernieboy] 18/8/2005 17:02

Mine were also pre-consolidation. I bought my first lot just as they came to the market at about 7p! So long ago I cant even remember exactly what the price was! I thengot back in at 1.75p and watched them go all the way down to 0.3p! Had just about written them off at that point and couldnt be bothered to average down even more! Shame really! Got my last lot at £1.42 after consolidation. So - am in profit even considering the first lot!!

[pc4900074200] 18/8/2005 15:38

Holding mine from pre-consol. days. Bought at under 1p.

Will be holding for a long time yet. Sitting on 110% profit ATM.

pc

[bernieboy] 18/8/2005 14:21

Anyway - my first lot have got to get back to a level of about £7 before I even break even!!! Luckily I picked up a lot more at £1.75 and £1.42!!!

[bernieboy] 18/8/2005 14:19

Yep - certainly intend to!!
I think you can always be tempted to sell to try to get back in at lower levels when you get a pattern forming. Problem is that I usually find that just when you sell hoping to get back in lower - the pattern doesnt repeat and you regret selling too early! The only way I have found to work is to sell say half or a portion of your holding - then if it does drop back you can buy in cheaper and hold more shares for the same money. If it rises - you havent missed it all!
However - with Chelford i am very optimistic for the future and intend to hold most for the long term. Over a few years who knows where we will be : £5, £10, skys the limit really if trading continues in the same light!

[pc4900074200] 18/8/2005 13:43

Shares, Bill. Shares!!!!

pc

[wild bill] 18/8/2005 13:04

Hold and prosper, indeed!

[pc4900074200] 18/8/2005 12:36

BernieBoy. There have been many instances where the MM's have
Instigated a small selling frenzy by dropping the bid at start of
Trading. This pattern has repeated its self over many weeks.

Look back over the trades.

All ways climbs back.

Over all the price is fairly stable and IMO will rise in the build-up
to results.

Hold and prosper.

pc

[cockneyrebel] 17/8/2005 14:35

I reckon these are due a tip with results 4 weeks away.

Must be more buying as the results approach and the breakout will carry it further imo. Hard to believe they are still 20% off their high of a year ago after so much good news.

CR

[cockneyrebel] 15/8/2005 21:19

2.5K protected trade at the close -- mm's must be really scratching around for stock to have to work a 2.5K buy imo.

It definitely isn't a sell imo

CR

[aspex] 15/8/2005 20:30

It is very nice to see that finally CHR are holding up after an announcement.
All previous positive comments have seen the price fall back to close to earlier levels.
The number and strength of comment this time appear to have done the trick.
Roll on 400p!

[cockneyrebel] 15/8/2005 13:12

Holding for 350p at least here. I suspect we'll reach that shortly after the results too myself.

Just making a breakout too it seems, might get to your £3 sooner than yoy think BernieBoy :-)

CR

[bernieboy] 15/8/2005 12:44

Good to see CS still bing very positive. I might sell a few at £3ish to do some trading with, but the bulk of my holding wont be going before a fiver!

[cockneyrebel] 15/8/2005 11:37

Cheers Tole.

It fails to mention the 295p target and the fact that they say they will upgrade at the results in September but I can wait till the results and those that are unaware suddenly awaken :-)

Won't be surprised to see C.Stanley's target upped to £3.50p once results are out.

CR

[tole] 14/8/2005 22:53

Another little mention :)

Charles Stanley 'Chelford merits a higher rating'

Supply chain software supplier Chelford continues to ingratiate itself with Charles Stanley's research team, most recently with a strong first half trading update.

The company confirmed that steady demand, particularly from the food sector, has enabled it to keep pace with ambitious market forecasts. Both the group's divisions are inferred to have made substantial improvements during the period.

'The impact of this market-beating revenue growth is a rapid increase in earnings,' analyst Ian Mitchell suggests. 'The company is trading on 12.5 times prospective earnings, which we continue to believe is too low for a company taking market share and displaying such high growth in earnings.' Mitchell retains his strong buy evaluation of the stock.

[baughfell] 14/8/2005 18:15

Mark, I've emailed asking for the exact date. I'll post the reply

[markxz] 14/8/2005 09:44

Baughfell,

It is around mid September according to Tdwaterhouse website.

Mark