Cmo Share Discussion Threads

[pippin] 07/9/2004 17:05

Here we go again.....

[rdpounder] 21/8/2004 13:50

OMG is worth checking out...owners of subsidiary Vicon Systems, manufacturers of

the worlds first 4million pixel motion capture technology, used in Spiderman 2,

Thunderbirds etc. End of year 30/9. Currently at resistance level of 28p, Will

probably drift a few pence lower before then if you want to buy in at a good

price. Looking very bullish. DYOR

Thread....

Recent Interim statement available on company

website.....

Major player at this years Siggraph trade

show...

[pippin] 29/7/2004 15:40

Nope. No volume to speak of though. I guess it's a few little sells, no buyers, and then some stop losses being triggered.

[bollers] 29/7/2004 15:35

Anyone know the reason for the 8% fall so far today?

[gavis] 02/7/2004 16:44

Excellent news from the AGM today. Continued strong demand in Local Government Business and the dispute has been resolved out of court - although it would have been nice to have been told the relevant sums involved. Anyway it looks as though they will try to claim this money from their insurers. The uncertainty with this problem has been holding back the shares imo and I am hoping to see the shares go back over £2 in due course.

[samuri] 23/6/2004 16:53

What happened to the "...robust defense and counterclaim..." alluded to by the Chairman in his statement in the final results on 27th May ?
Provided the PI claim is accepted, the effect on cash will be near neutral.

[pippin] 23/6/2004 11:06

Well, I did top up three weeks ago.

Not like those super-intelligent people who have bought in the last 48 hours. If I had a suspicious mind, I might even think that they had some sort of knowledge that the legal action was being settled amicably out of court.

[pippin] 02/6/2004 09:01

Agreed, holdontight, the chart doesn't look good. I doubt that it has much to do with leaking bad news, though, just smallish short term investors hopping out after piling in a couple of weeks ago.

I think the chart could turn quite quickly.

[holdontight] 01/6/2004 19:33

In general I agree with you. But the technicals don't....may be some more bad news on the way, which I would imagine connected with the legal dispute. JMHO

[pippin] 01/6/2004 14:09

All the stop losses being triggered by the small players!

Down a bit more, please, then I can top up.

Apart from the legal issue, this share is a steal at the present level. Net cash balances have been rising steadily from the underlying business and should increase further this year if we have been given a clear steer on what's going on. Erbullion is right - over £10m net cash and a profitable business and the market cap is only £24m!

With the legal dispute, the company might win. If it loses, there is still the likelihood of professional indemnity insurance covering any settlement. Anyway, it might well get settled out of court.

[erbullion] 27/5/2004 08:13

10 million in the bank after cash valued only 14 million ripe for takeover

[pippin] 27/5/2004 08:08

And the bid improves a little - from 160 to 163. A 20p drop did seem very cruel - this is a postive statement- good figures and a great start to the new year. I wouldn't even be surprised if they win the case and write back some profits this year.

[pippin] 27/5/2004 07:59

Well, they have certainly come out. They're fine apart from the legal action.

[gavis] 26/5/2004 13:43

snookered4

Not sure that results will be released tomorrow - the company haven't released a news item to say this. Last years results were announced on 27th May and some websites will give this same date as an estimated date.

Saying that it shouldn't now be long before they come out.

[snookered4] 26/5/2004 13:37

I hope so Holdontight!

Can't understand why there has been no action prior to tomorrow's results...:-(

[holdontight] 25/5/2004 14:35

44p / share cash
Expect 11.5p EPS 2003 / 2004 and 16.5p 2004/2005
Apply 20 x multiple (not gready) and add cash = 374p fair value.
Seems to me a potential doubler overnight, with a little push ??

[snookered4] 24/5/2004 13:57

I don't believe this. Results out on Thursday and this still ain't moving.

Similar to Kewill Systems which seems to be stuck in the doldrums.

Come on, give Comino a prod - it's time to wake up to this stock!

[snookered4] 06/5/2004 08:58

Last year they were released on 29 May so safe to assume it'll be similar to that date this time round.

[samuri] 06/5/2004 08:57

Thursday 27th May

[sreed] 06/5/2004 07:53

results soon

[johnv] 05/5/2004 23:24

Funny that, SCSW mentioned last month that civ was on the lookout for acquistions and that cmo was mentioned

[lom2] 05/5/2004 22:25

Comino is a "sitting duck for a takeover", our City sources tell us. The takeover of London Bridge Software by the US group Fair Isaac reminded people that Comino - whose software systems are used by housing authorities to make dealings with their tenants more efficient - attracted transatlantic interest last year from Constellation, one of the big players in social housing software in the US.

Constellation eventually sold out their stake and Comino's shares have gone nowhere in the interim, despite an improving profit performance. Results are due later this month.

Speculation as to who might take a pop at the business is centring on Civica, which floated in London in February and which is hunting for acquisitions. Civica is a big supplier of software to local authorities, helping to issue parking tickets, monitor bus lanes and collect taxes. What it doesn't have is a big presence in social housing ... which is where Comino would fit in.

With Constellation still keeping an eye on developments and other acquisitive domestic companies also likely to be hovering around, Comino is one to watch.

[sreed] 05/5/2004 17:17

nice strong close today