Chelford Share Discussion Threads

[bernieboy] 28/3/2007 15:18

Late results are normally bad arent they??? Good results bought forward? Seems worrying to me that we havent had the rise before results that we have had for the last three years!

[tole] 28/3/2007 14:12

Yep that was the date I got given from the PA to the CEO a few weeks back...although obviously looks like it is gonna be in April now (Note the amended date on their website events section) Hmmmmm...

[bernieboy] 28/3/2007 13:44

I thought results were due out today??
Strange to see that we havent had the traditional walk up of price before results......maybe that means we will get a rise after them instead of the normal mark down!!!

[aspex] 20/3/2007 22:58

More new business.

[tole] 19/3/2007 14:23

Noticed a bit of info posted off the MXM thread from the weekend.



Computer Software Group firmed 6p to 147p after receiving a management-backed takeover approach pitched at 150p a share. Navid Malik, analyst at Collins Stewart, said the price looked low but argued that management support was crucial to any proposal, making a counterbid seem unlikely.
That turned attention on peer software consolidators such as Maxima, up 1p at 286½p, and Chelford, unchanged at 146½p.
Seymour Pierce analysts said that Maxima would be worth 370p using the same take-out multiples.

[tole] 12/3/2007 12:15

Bit more PR news out on their website.

[tole] 07/3/2007 17:53

Company says 28th March.

[bernieboy] 07/3/2007 17:33

When are the results out??

[tole] 07/3/2007 15:55

Taken 3x 5k sales on the nose today and still inching upwards - perhaps a buyer around at these levels.

[bernieboy] 27/2/2007 12:58

Tole - good find sir!!

[tole] 27/2/2007 08:43

Some news out......



Agility Systems extends J D Edwards System for Healthcare Distributor


Agility Systems has won a major contract to supply specialist software solutions to the UK offices of Henry Schein, Inc., a Fortune 500 company and the largest distributor of healthcare products and services to office-based practitioners in the combined European and North American markets.

The new advanced system, which will be implemented gradually during the next three to four months, will facilitate Henry Schein's ongoing initiative to streamline management of its warehousing and distribution operations.

Henry Schein's customers include dental practices and laboratories, physician practices, and animal health clinics, as well as government and other institutions. The company, which has its main UK Distribution Centre in Gillingham, currently serves 80% of office-based dental practices in the U.S. and Canada, as well as approximately 230,000 office-based dental, medical, and animal health practices in 17 additional countries worldwide, including Australia, France, Ireland and the United Kingdom.

Software from Agility
The Agility Systems software purchased by Henry Schein covers all elements of warehousing, from goods into the warehouse and goods receipt, to put away, picking analysis and replenishment, and will ultimately support and enhance the company's existing J D Edwards warehousing software with additional RF Data Collection capabilities.

Agility Systems specialises in ERP systems integration and has extensive knowledge of warehouse efficiency, logistics and information management. Established in 1995, the firm implements these solutions to a wide range of clients all over the world.

It also supplies warehouse optimisation solutions, efficiency monitoring and full transaction controls. Agility also specialises in supply chain execution over multiple ERP systems including INFOR 21, Movex and BPCS.

Implementation
Implementation of the new software into Henry Schein's warehousing facilities has already begun, with Phase Two expected to begin within the next few weeks.

Kevin McDaid, managing director of Agility Systems, said: "The new system helps address the goals set by Henry Schein, providing an improved level of data accuracy that will improve management efficiency of the company's busy Gillingham plant."

Rob Morris, Vice President, Operations, for Henry Schein UK and Western Europe, said: "We are pleased to implement Agility's software solution as part of our ongoing effort to improve the efficiency of our warehouse operations, and expect that this will result in improvement in our location level accuracy in particular."

[tole] 26/2/2007 20:58

Healthy volume today....with close on 70k traded - and virtually all buys by my reckoning.

[tole] 26/2/2007 08:13

Looking healthy from the off today - hopefully confirmation of the reversal in downtrend.
L2 2v1 145-153

[baughfell] 24/2/2007 05:20

a good sign..


Are you ready for the challenge.....
Take the next step in your career in supply chain and manufacturing business solutions.

SSI, part of Chelford Group plc, is a provider of market leading supply chain and manufacturing solutions. Target markets include Food and Drink, Mills and Metals, Chemicals and Pharmaceuticals and Lean discrete operations, with customer solutions being based on SSIs own ERP product, TROPOS, tightly integrated with CODA Financials.

We are currently looking to recruit for the following positions:
Technical Development Manager
Ï To lead a development team to be responsible for the technical architecture of TROPOS
and to design and develop all technical aspects of TROPOS product. The role is hands on and requires a candidate who has a strong technical ability, a keen interest in applying new technologies for business benefit, as well as a structured team leader approach.

Ï Managing the on-going development of the TROPOS product and tools based on the product
strategy defined by the SSI Executive and ensuring consistency across all TROPOS developments.

Ï A strong development background with experience of full lifecycle software development projects, with appreciation of the additional rigours required for the development of packaged software.

ERP Consultants
Ï Responsible for delivering customer contracts
Ï The role will involve providing consultancy and guidance and understanding clients business requirements from engagement through to delivery.
Ï Designing solutions and configuring TROPOS software to meet clients business processes and developing functional specifications where customisation may be required.
Ï Experienced in ERP, full life cycle, consultancy and implementation background with functional experience in supply chain and manufacturing and knowledge of a key vertical - Food, Drink, Metals, Chemicals and Pharmaceuticals. Exposure to formal project management methodologies, e.g. PRINCE2, would be an advantage for career development.

Designer Developers
Ï The design and development of package and customer specific Job Role Applications using the TROPOS Microsoft based configuration toolset
Ï A thorough understanding and relevant experience of the application of modern process based UI
design techniques to the creation of highly usable business applications
Ï Experience of designing user based applications and solutions, ideally with a background in manufacturing and ERP


Application Details

For a full company background, further details on these roles and how to apply, please
refer to our websites www.ssi-world.com and www.chelfordgroup.com

[money4me] 22/2/2007 11:45

well it's certainly sank lke a stone - maybe it can rise like a Phoenix

[tole] 22/2/2007 10:46

Be interesting to see if we are on for a reversal from here -



BULLISH MORNING STAR

Type: Reversal
Relevance: Bullish
Prior Trend: Bearish
Reliability: High
Confirmation: Suggested
No. of Sticks: 3

This is a three-candlestick formation that signals a major bottom. It is composed of a first long black body, a second small real body, white or black, gapping lower to form a star. These two candlesticks define a basic star pattern. The third is a white candlestick that closes well into the first session's black real body. Third candlestick shows that the market turned bullish now.

Recognition Criteria:

1. Market is characterized by downtrend.
2. We see a long black candlestick in the first day.
3. Then we see a small body on the second day gapping in the direction of the previous downtrend.
4. Finally we see a white candlestick on the third day.

Explanation:

We see the black body in a falling market suggesting that the bears are in command. Then a small real body appears implying the incapacity of sellers to drive the market lower. The strong white body of third day proves that bulls have taken over. An ideal Bullish Morning Star Pattern preferably has a gap before and after the middle candlestick. The second gap is rare, but lack of it does not take away from the power of this formation.

Important Factors:

The stars may be more than one, two or even three.
The color of the star and its gaps are not important.
The reliability of this pattern is very high, but still a confirmation in the form of a white candlestick with a higher close or a gap-up is suggested.

[tole] 21/2/2007 15:50

It does look like the profit warning in December which knocked the share price has resulted mainly from temporary issues, both the difficulties around a fixed price contract and the delays in finalising contracts which were expected to be signed by the year end Q4.

Still believe Chelford can provide some good growth and as has been pointed out in the CharlesStanley note that the group now has the potential to generate significantly higher profits than those new forecasts. They point out that a rating of less than 10x current year forecasts does not reflect this potential and are currently rating the shares a Buy. (Note 16th Jan - price 162p)

They do point out that investor confidence has obviously been affected - but imo these provide some of the best times to pick up a bargain.

[bernieboy] 21/2/2007 14:39

money4me - you are lucky - I first bought at issue price of about 700p!!! Todays lot are my lowest purchase! But reckon if we keep the faith they will eventually come good. I have been saying that for years though!!

[money4me] 21/2/2007 14:32

great - if only I hadn't bought them at 300p :-((

[bernieboy] 21/2/2007 12:46

Agreed Tole - and dont be deceived by the trades - I bought earlier at 139 which was below mid so is reported as a sell. I reckon they are all buys today.

[tole] 21/2/2007 11:18

Just had a look around Chelfords website and they have results written in for March 2007 - no fixed date as yet though.

Will be interesting to see what they report.

Looking forward and going by Charles Stanley's BUY note and revised figures for 2007 they have 1.7m pretax and 16.7p EPS pencilled in for 2007 - which puts them on a PER of just over 8.

Watching and feel these could well offer a good recovery play from here.

[tole] 21/2/2007 09:15

Noticed this is moving up a bit this morning on a relatively few buys.

[baughfell] 17/2/2007 13:49

Thanks aspex.

I held CHR or a couple of years an sold in '05, looking to get back in but too risky before the results.

[aspex] 17/2/2007 04:37

Chances are about 5th April, going by previous years.
Despite the H1 write down I would reckon on 15p earnings/share and hopefully better looking forward.

[baughfell] 16/2/2007 22:26

Does anyone know the date the results come out?