Civica Share Discussion Threads

[billf2003] 17/12/2007 09:25

Re Palo Alto story - this relates to a different Civica company which I believe has no links to Civica plc.

"Civica Software is a division of the Pixelpushers Group and is located in Newport Beach, California."

[m.t.glass] 17/12/2007 09:17

Not a good December:


Dec 5 (FT extract)

Shares in Civica hit a record low after the public sector software provider warned of a "cautious" outlook at its local government unit, its largest business.

The shares dropped 16¾p on Tuesday to 159¼p, a far cry from the summer when the company was close to agreeing a 300p a share deal with Alchemy Partners, the private equity group.

Wariness over sales in the local government division was compounded by full-year figures showing softening demand for new back office systems, which held back organic growth to just 1 per cent.

The shares were also hit after full-year figures missed analysts' expectations.

The group was also hit by the loss of a contract to supply services to the NHS IT project.

Simon Downing, chief executive, said Civica was considering further acquisitions of up to £50m ($103m) to boost scale.

=======================================

Dec 12

"..The fact that the Civica software was incompatible with Google's "crawlers" certainly should have been determined by the city prior to signing any contracts..."


From a discussion at Palo Alto, California

[joshalexander] 16/8/2007 18:51

The Management sold to make way for the bid???

I did not even bother responding to that - it was such a naive (and that is being very kind) comment to make. The salient point is that the bid did not proceed.

Now 30% below the level Directors sold at - fantastic timing boys!!

[joshalexander] 11/8/2007 19:22

Sir Josephs Mate

Now trading at 20% below the price the directors sold at.
Yes - LOL !!

[compo99] 02/8/2007 15:34

Well what to make of news today of bid being dropped ? Looks good value at 215p if trading in line as they say. Mark down a bit too much ?

[sir josephs mate] 12/6/2007 07:18

BID APPROACH!!!

All the directors were doing was clearing the way for a bid!!

Youre all too suspicious!!! LOL!!

[joshalexander] 21/5/2007 20:15

The fact that the CEO and FD do not hold a single share hardly inspires confidence. Very brave to hold these untill we see results IMO.

A poor trading update to come IMO, but as always DYOR.

[colonel a] 21/5/2007 10:41

I would have exited based on the directors action too I suspect.

But initial concerns don't seem to have clarified.
There has been an OK trading statement, post these sales.
And a suggestion that they may move to the official list.

The directors sold towards the end of the tax year.
Could they have had tax loses elsewhere ?

Are skeletons going to have get a dusting off for them to go official ?
This all seems rather contradictory - any suggestions ?

[fellowes2] 21/3/2007 17:20

Good call, I did not realise you shorted shares CR.

And its not the fact that they sold a shed load of shares, they sold the whole lot.
Both the FD and CEO are not holding a single share, this.is worth repeating.
And as they better than anyone else know the business, why should anyone else hold.

[cockneyrebel] 21/3/2007 17:19

I shorted late yesterday - directors lobbing loads of shares, Seymour Pierce downgrading the stock today too.

It's just a matter of when does the profit warning arrive imo - with a decent space between it and the directoror selling or indecently close to it?

Chart has fallen over - 230p looks nailed on, 200p possible imo

CR

[honiton] 21/3/2007 16:34

sold as well. better out than in.

[fellowes2] 21/3/2007 15:20

What is the betting that we have a profit warning or an unexpected downturn in trading within a few months. Which neither the FD or CEO had the slightest inkling of when they both just decided to sell their entire holdings on the same day. I am sure if this happens it will be purely an unhappy coincidence,
all IMO, DYOR as usual.

[fellowes2] 21/3/2007 07:51

I dont like these share sales. The CEO and FD selling their entire holding.
Having been a supporter of Civiva in the past, I would now be very careful here. Far safer to sell untill we see the next set of results IMO.

[stephanie_m] 21/3/2007 00:38

Civica, the computer services group that supplies 89 per cent of UK councils, faded 4¼p to 270p after its chief executive and finance director sold their entire holdings to raise about £670,000 each. Simon Downing, chief executive, disposed of 246,229 shares at 272p apiece. Michael Stoddard dumped 247,678 issues at the same price.

[honiton] 05/2/2007 16:03

Is this one going to breakout of its narrow trading range?

[shaunstreak] 07/1/2007 18:55

Comment - Expect significant news very soon, another company purchase I am sure......... Great results so far

[honiton] 03/1/2007 21:06

Agreed. Don't know what is behind this as I haven't done the research.

As they say, just let the runners run and sell the ones you have made losses on (q. a few really).

Also worth looking at: Schroders and INP. Also into SEG but haven't performed so may ditch before jan trading statement.

[felowes] 03/1/2007 17:35

New 12 month and all time high, looking very positive.

[fellowes2] 02/1/2007 12:27

On the verge of a significant chart breakout, looking interesting.

[honiton] 18/12/2006 19:58

What the heck. still no comment??