Coro Energy Share Discussion Threads

[howdlep] 11/5/2010 07:06

RNS Number : 6635L
Corero PLC
11 May 2010

11 May 2010



Corero PLC

("Corero" or "the Group")


Standard Bank selects Blue Curve as new Research Production Platform


Corero plc, a leading provider of financial research software solutions to the securities industry, announces that it has signed an agreement with Standard Bank Group, one of South Africa's largest financial services organisations, for its Blue Curve product suite.



Standard Bank will implement Blue Curve within its Corporate and Investment Banking division to help provide enhanced research services to its customers. The new solution will provide Standard Bank with an improved research production process, including financial data management, document production and compliance management. The solution will initially be installed in the Nigerian, Turkish and Kenyan offices, with a rollout to all research analysts to follow.



Corero will host the Blue Curve software, allowing it to be accessed across the Internet by all Standard Bank analysts, whatever their location.



"Standard Bank is a prestigious organisation and we're delighted that it has chosen Blue Curve as its research production platform", said Mark Robertson, Managing Director of Corero Financial Markets. "Standard Bank needed a solution that could be installed quickly, but at the same time, being a major bank, it had to be satisfied that the security and architecture also met its requirements. I'm pleased to say that Blue Curve v5 ticked all the boxes."

[gac141] 21/4/2010 11:53

Very pleased to see that we have another contract. If the new business model is working we could see a few more of these over the next few months.

[howdlep] 21/4/2010 09:57

L2 now 1 v 1 with KBC on 48

Each trade will move this higher with it being illiquid

[howdlep] 21/4/2010 09:51

With management moving towards a SaaS business model, watch out for ACC making a bid for the company.

(I hold both ACC and CORO)

[orange1] 21/4/2010 07:53

It was released as an RNSNON which means that it is not regarded by the company as material. Still it's a start. Lycraboy is no doubt flying (metaphorically, but who knows, maybe physically as well). Just the grammar to polish up now Robbo: when you say:"We are delighted that African Alliance has chosen Blue Curve as the basis for it's new research platform" you are using the possessive 'its' and not the abbreviation of 'it is'.

[cascade sofa] 21/4/2010 07:45

Good news. Any idea on amount?

[cocker] 21/4/2010 07:37

Another contract win, what ever next!. Looks as if for once we are managing to sell our software in a still challenging market.

[orange1] 30/3/2010 07:35

I expect that size doesn't matter much in the Waller household, as this morning's announcement reveals:

"The Company announces that Peter Waller, Executive Chairman of the Company,
yesterday purchased 5,000 ordinary shares in the capital of Corero,
representing 0.33 per cent of the voting share capital of the Company, at a
price of 38 pence per share.

Following the purchase, Mr Waller holds a total of 20,600 ordinary shares,
equivalent to 1.36 per cent of the voting share capital of the Company."

[cocker] 29/3/2010 20:09

Hoodless cut Corero from Buy/Hold.
Albeit very small, at least Peter has dipped in. Bernard who draws 200k a year & holds very few should @ the very least show some conviction!

[cocker] 27/3/2010 09:26

The CORERO COW STILL BEING MILKED FOR THE BENEFIT OF THE BOARD.
The results are just full of Waller spin & although there has been an improvement the underlying trend is a loss again.Finacial side unlikely to out perform 09 whilst the business side may lose due to government cuts. The share price has fallen this year to all time lows & still the board are reluctent to step in & buy, to me that says it all. Can't sell my shares as there is no market for them, simple as that.

[cocker] 26/3/2010 08:31

Will add my thoughts later, but in the mean time the acid test will be whether we see directors buying in @ these levels & if not, why not.

[howdlep] 26/3/2010 07:54

It will be interesting to see what Hoodless Brennan say this morning re the results, as after the contract win they said they could be a bid target

[romeo] 26/3/2010 07:23

George, I agree with you.

[gac141] 26/3/2010 07:13

A solid set of results. Glad to see the improving trend. Perhaps the business has turned the corner.

[gac141] 25/3/2010 15:57

Romeo I would agree with you. Roy would comment at some point no doubt he is a private shareholder of course. If results are out this week.... my guess will be before month end though.

[romeo] 24/3/2010 07:21

I am certain Roy had to sign a non-disclosure agreement when he resigned from the board, so I wouldn't expect public comment from him anytime soon...

[cocker] 23/3/2010 13:40

Magpie. Most of us are far from in love with coro, it boils down to the fact that quite a few of us are nursing large loses & have no choice but to hold on to our shares on the hope of a decent rebound.Coro @ 34p remains a very good speculative buy for perhaps a new investor & a certain hold for current holders. I can assure you that although I do see some light @ the end of the tunnel I have been very critical of some decisions that have been made certainly over the last year & have told Peter of them. Fair play to him as he has at least listen & is trying hard to radicate the problems within. Questions have been asked about the share consolidation, the large wages that Mark/ Bernard draw & the lack of new contracts. I await the results which WILL be realeased this week & hope that the forward looking statement is a upbeat one. My biggest concern @ present is the lack of comment from Roy, he is the one private shareholder who could perhaps shed some light on all within.

[magpie99] 23/3/2010 12:10

I have been watching a DVD called the Corporation, which I bought at the supermarket.

It is a documentary and in it it explores what a company is.

According to some research If a company were to be compared to a human being then it would fall into the psycopath personality type. Now corporate social responsibilty was invented to address that and some companies have a better veneer than others. If you were being mugged at the cashpoint the company would walk right on by, and not lift a finger to help you. If you were being stabbed in the heart the company would laugh out loud.

Although I accept people have diferent views, cant understand why some apparently love this company when it has not performed over a 10 year period.

[cocker] 23/3/2010 11:39

All opinions welcome whether they are positive or negative as thats what makes a good BB. Everyone has the abilty to read between the lines!

[magpie99] 23/3/2010 10:40

And if youre too ignorant to know there is a filter button.

There is one - you can filter anyone you wish.