Chelford Share Discussion Threads

[monis] 03/7/2007 18:45

Can someone explain the share price relevance to yesterdays and todays rns, is Lord selling and does the rns yesterday relate to a recent buy or sell?

Cheers.

[tole] 03/7/2007 13:51

Also noticed SSI announced two new TROPOS products the other week also...

27/06/2007
SSI launches two new TROPOS products

TROPOS Role-Based Applications (RBA) have been developed to provide users with web-based applications that enable them to carry out their job quickly and efficiently. RBAs present TROPOS business functionality to users in a format that matches their activities and are tuned for user efficiency, presenting information and data entry fields in a process flow designed to support they way they work.

The new TROPOS DataMart is designed for optimum performance in delivering reports and analytics, using data from TROPOS to deliver business information rapidly and efficiently, supporting the Business Intelligence (BI) system of choice.


Should also be expecting a trading update soon...last few years they have issued one around mid July.

[tole] 03/7/2007 13:47

Yep Ive been quietly adding a few since noticing the recent contract...was released on targetwire 19th June



19 June 2007 - Swissport UK orders Chelford SAP solution to support rapid business growth
UK's leading airport ground handling company to implement ERP & financial forecasting package


LONDON - 19 June, 2007 - Chelford SAP Solutions, a Chelford Group company and provider of specialist ERP and supply chain management solutions for regulated industries, has announced a major order from the UK's leading airport ground handling company - Swissport UK. The new ERP solution will provide the company with state-of-the-art reporting technology, as well as specialist financial management modules, giving staff at its Newcastle head office complete visibility and tighter control of its ground handling operations at seven major British airports. Swissport UK has experienced massive growth in recent years, and the Chelford SAP solution will play a major part in the company's plans to expand the business further.

Chelford SAP will link directly into the flight information systems at each airport to give Swissport UK instant passenger, aircraft and baggage information, as it continues to fulfil ground handling contracts with some of the world's leading airlines, including Ryanair, British Airways and Virgin Atlantic. As part of the implementation, the package will include the SAP Business Information Warehouse, which will link up real-time operational data with forecast models and allow Swissport UK to create accurate business plans throughout the enterprise.

"We have been growing our business steadily over the last five years which we are looking to continue," commented Frank Barr, Financial Director at Swissport UK. "Implementing the new Chelford SAP solution will play a large part in this growth process, and will ensure we can lay down a secure information base for the future. We chose Chelford SAP because it had an excellent understanding of what our business required from an ERP system, and it was able to provide us with precisely the right functionality for our operations."

The package includes full implementation and support services from Chelford SAP, and will replace an existing ERP system that Swissport UK had been using since the business was founded. "Our previous system suited our business at the time, but the company has now outgrown that technology and our information needs are now more demanding," Frank Barr continued. "Chelford SAP will link directly into the flight information systems at the five airports - providing instant passenger, aircraft and baggage information - and give us a much better understanding of our core revenue streams."

Chelford SAP will provide Swissport UK with the unique combination of software, technology, experience, services and future-proofing that will help ensure a seamless transition to greater and enhanced automation of enterprise and supply chain management. The platform gives each user easy access to the organisation's information in a controlled manner - reports can be rapidly produced, trends can be analysed, and comprehensive information can be obtained to support decision making at all points in the supply chain.

"When a company experiences rapid expansion over a period of time, it will often outgrow the ERP software it has been using," added Neville Merritt, Group Marketing Director, Chelford Group. "Unless a system upgrade is undertaken, the business's ability to continue growing becomes inhibited. Installing a Chelford SAP solution gives a company like Swissport UK the platform it needs to take its business to the next level. It will significantly enhance the reporting process through the company's operations - which, when combined with the latest forecasting technology, will give its management team greater control and the ability to implement more effective business processes."


Full article available now on Chelford's website...

[aspex] 03/7/2007 08:06

Another win with Swissport 25th June

[tunturiflyer] 06/6/2007 19:46

Hopefully it is just the MM's winding the price down as the general market goes down. Admitedly the market for ERP systems tends to fall if the economy falters, as it is the sort of purchase that can be delayed a year or so, without making much difference to a customer's P/L.

[largeman] 06/6/2007 14:09

Okay I'm confused.

Price down 4p for no apparent reason at 10:54! Usually a sale of one or two shares would trigger this, yet a 250 buy roundabout 1pm and nothing happens! All the recent good news of new sales and contracts too. Somethings afoot! i just wish I knew what!

[welsheagle] 02/6/2007 19:47

Translation of 1973:-
The broker Charles Stanley have released their forecasts for 2008 of £2.1 million pre tax profit, which relates to earnings per share of 20.5p.
They also reduced their 2007 forecast to £1.7 million pre tax profit and earnings per share of 16.5p.

Thanks for someone useful info, Tole - does make Chr look undervalued.

[aspex] 02/6/2007 00:37

World's leading malt whisky specialist orders SSI's TROPOS end-to-end supply chain solution
ERP system to provide Gordon & MacPhail with improved control, accessibility and cost savings
Unique TROPOS Bulk Whisky Workbench modules will replace static spread-sheet based reporting
"We are implementing the TROPOS solution to streamline every aspect of our supply chain,"

"TROPOS will give us more accessibility and better control of all of our operations, and ultimately we anticipate that the implementation will result in considerable cost savings for the business."

Ewen Mackintosh Quality Control Manager Gordon & MacPhail.

31/05/2007

[tole] 23/4/2007 14:43

A bit of interst and a few buyers today then.

Also notice CS have released their 2008 e - pre-tax 2.1, EPS 20.5. Though noticed they trimmed 2007e EPS by a smidge to 16.5 on 1.7 pre-tax.

[tole] 19/4/2007 08:19

Software company secures major deals

A SERIES of contract wins for North-East software company Agility Systems is to help underpin its parent group's future growth after its pre-tax profits dropped by almost two thirds.

Agility, based in Darlington, yesterday revealed it had secured deals to provide technology to companies including British Sugar, tea and coffee merchant Taylors of Harrogate, and IT group Westcoast.

The deals - described as "significant" - are being seen as a key part of parent IT company Chelford Group's resurgence after full-year pre-tax profits fell from £1.4m last year to £547,000.


Chelford attributed the loss to the cost over-run on a major fixed price contract for one of its divisions, and new contract delays. It warned last year its results would be below market expectations.

Trevor Lewis, chief executive of AIM-listed Chelford, said Agility - which it bought 18 months ago - had made a £1.77m contribution to the group's £18.6m turnover, which rose from £14.5m in 2005.

Mr Lewis said the division, based on Darlington's Lingfield Point, was continuing to work on developing radio frequency identification (RFID) technology, a form of revolutionary microchip tracking.

Its launch has been delayed from last year, but is predicted to have a big impact on the business when completed, and could lead to job creation in the North-East.

"The contracts we have signed for Agility Systems to supply their technology to a series of major companies will help with Agility's growth. It will also help with the group's performance over the next year," he said.

"While we have made a loss in pre-tax profits, revenue has grown, and the underlying business is going very strongly and Agility plays, and will play, a significant part in that."

Mr Lewis said that Agility was continuing to perform strongly, and its growth would be speeded up when the RFID system was developed.

"Agility has seen really good growth in the 18 months we have had it, and have continued that by getting off to a really good start this year," he said.

"The RFID was scheduled to have happened during the last year, but that has not taken off as quickly as we would have liked," he said. "However, we are looking to grow this aspect of the business sensibly, and it will have a major impact when ready. That may not be within the next financial year, but it is within the foreseeable future."

[welsheagle] 18/4/2007 20:07

Charles Stanley have reiterated their 'buy' recommendation for Chelford today.

[money4me] 18/4/2007 12:53

well hopefully we can see some improvement in share price and a bit of investor confidence going forward. doesn't seem to be any great disaster has befallen them just unfortunate management of a fixed price contract and taking the hit on it

[tunturiflyer] 18/4/2007 10:04

Anyone wondering if management has decided to take a big bath this year?. They appear to have managed Charles Stanley's expectations fairly well - as they were predicting revenues of GBP 18 million, versus GBP 18.6 outcome, and predicted adjusted EPS of 9.3p verus 9.83 outcome.

The P/L looks awful - Diluted EPS of 1.02p. since they threw the kitchen sink at the P/L. Yet Gross profits where up to GBP 7 million, up from GBP 6.3 million in 2005.

More usefully Net cash from operating activities is GBP 1.27 million, down from GPB 1.74 million in 2005. Reason is that depreciation, amortisation and impairment has gone up from GBP 276K to GBP 641K. and the tax paid, presumably because they are basically profitable is up from GBP 131k in 2005 to GBP 627k.

So for a market cap of GBP 10 million, in terms of cash flow CHR looks a little cheap.

[aspex] 18/4/2007 07:10

Results not as tight as Charles Stanley suggested and the 2007 projection is more positive.
Add in good forward customer orders.

[bernieboy] 05/4/2007 13:48

A few nice buys today I see....

[aspex] 03/4/2007 08:07

Finals 18th April.
Better late than never.

[tole] 02/4/2007 09:28

In 2004 they were out late March...though what concerns me more is the fact that I was informed of the results date specifically at the 28th March - which coincided with their website 'events' dates being listed as having the results due out in March 2007 (Since been amended to sate April 2007). On top of that all previous years we have been given a 'notice of results' date as well.

Though as you say first week of April...ie this Thursday looks possible. Sooner the better imho.

[aspex] 02/4/2007 09:08

In previous 3 years the results were out on the first Thursday in April.
I just wonder they may come out just before easter (even Wednesday) or leave until the following Thursday.

[tole] 02/4/2007 09:01

Nice spot aspex - plenty of new business/orders rolling in these last few weeks. Bit concerning the delay in results from when originally informed, and as we know they wont be great....although a nice foreward statement could well see these bounce back if everything now back on track.

30/03/2007 Figleaves.com selects SAP from Chelford SAP Solutions

20/03/2007 Major UK fruit importer – Eurodix – orders SSI TROPOS ERP solution

12/03/2007 Westcoast - IT distributor improves System 21 efficiency with warehousing system from Agility

16/02/2007 TELESOFT REDUCES SUPPLY CHAIN COSTS BY 44 PER CENT

16/02/2007 Isle of Man Creameries places major £375,000 order for SSI TROPOS ERP solution

09/02/2007 INDIGO LIGHTHOUSE APPOINTS CHELFORD SAP AS TECHNOLOGY PARTNER

[aspex] 02/4/2007 08:45

More business:

30/03/2007 Figleaves.com selects SAP from Chelford SAP Solutions

The worlds largest online seller of branded intimate apparel, www.figleaves.com is the latest major distributor of consumer products to select Chelford SAP Solutions to supply and implement their back office ERP solution.