Coro Energy Share Discussion Threads

[25october1969] 31/12/2010 08:09

The word on the street is that spurious has bought a new tin of paint to refresh his park bench. That is the most positive signal for Corero I have heard of so far though i have to admit I was surprised by his choice of lilac

[romeo] 31/12/2010 01:37

On the verge of a chart breakout - it's time to rock and roll !!

[cocker] 29/12/2010 13:52

Nice tick up again today!

[romeo] 27/12/2010 14:22

A belated Merry Christmas to all! Here's hoping that Corero delivers the goods next year!

[spurious] 25/12/2010 11:47

To all on this board Merry Christmas. I am sure that January will show why there has never been a better time to buy the shares
regards SP

[gac141] 24/12/2010 22:15

Merry Christmas to all here.

[cocker] 24/12/2010 18:46

A nice tick up today after some strong buying over the last week or so. Merry xmas to you all & lets hope 2011 is the year coro come good, mind you I've said that for the last 10 years!.

[spurious] 13/12/2010 12:56

Interesting to see just how well Business Systems is doing particularly in the Academy Market. Tracking back published results 2007 produced 6 new Academy wins, 2008 14 wins, 2009 15 wins, 2010 26 wins and current projection for this year at least 39 wins(based on statement re Torquay Boys School being 100th Academy win) I know Business systems is ahead of plan but this maybe underlines just how far ahead they are.Looking forward to results and a much improved outlook
Regards SP

[cascade sofa] 12/12/2010 12:02

Good progress on the resource front

"Leading education software specialists, Corero Systems, are delighted to announce that Torquay Boys' Grammar School are the 100th Academy to become a Resource Financials user.

The announcement underpins our proven strength in the Academy sector and highlights Corero as a leading financial software provider that new Academies are choosing to move forward with.


Our ongoing success illustrates Corero's ability to provide solutions that are appreciative of the needs and requirements of schools moving into a new era of education. We have the expertise and the experience to guide existing and new schools and colleges towards efficient and cost effective financial management.


Andrew Medhurst, Finance Director at Torquay Boys' Grammar School comments, "This is an exciting time for the school as we became an Academy in November and we are delighted to be so well supported by the team at Corero."


Pankaj Tanna, Director of Account Services, "Resource remains extremely popular across the education sector where tight financial control is very much a priority. We are delighted to have a product that is in widespread use at 6th Form, Further Education and Higher Education colleges and many single and group Academies. The team is thrilled to have reached this milestone and we are fully committed to continue developing the growing partnership with Academies and we look forward to welcoming more new customers on board.""

[cocker] 01/12/2010 16:41

Nice to see to see the share price rise once again today Romeo. However, pull up a 5 year chart & then the true picture of reality sinks in pretty hard. January seems to be the month in which news maybe forth coming on possible acquisitions & a trading update.

[romeo] 01/12/2010 14:09

Up we go again!

[cocker] 17/11/2010 15:41

Sp all time low now reached today. Who knows that record may well be broken tomorrow !

[25october1969] 12/11/2010 14:32

I see that Mark has been busy:

Blue Curve

In August 2010, the Group announced the acquisition of Blue Curve Ltd, the
leading software suite for financial research, used by more than 2,500 financial
analysts worldwide. Since the year end Blue Curve has won an additional contract
with Alfa Bank, the leading private bank in Russia, and has successfully gone
live with installations at Standard Bank in Africa and EFG Hermes in the Middle
East. The company continues to trade profitably and has a strong pipeline of
new business opportunities in several financial centres.

On November 4th 2010, Blue Curve acquired Jovus Inc. The deal - for up to
$1.75m in cash and loan notes - was funded by Rivington Street Ventures ("RSV").
Jovus Inc. is a profitable business based in New York and has 20 customers
using its financial research production platform. The Jovus business will be
merged with Blue Curve to create the first truly global provider of financial
research software with customers in North America, Europe, the Middle East,
Africa and Asia.

[spurious] 22/10/2010 11:22

Hi guys I bought my 47000 through Barclays stockbrokers so seems an online problem.Agree with Roy re prospects and have heard Business Systems is building on its outperformance and without the lumpiness.The crucial driver of the share price will not be this but the critical first takeover in building the network security business especially if it is seen to offer real longterm value and technological leadership. Recent currency moves could also significantly enhance value. I find it heartening that in uncertain times Corero is involved in the 2 markets that appear to offer the most growth notably Cyber Security and the Academy market.I am also reassured that the current management have demonstrated their abilities by building Datatec into AIMs largest technology Co
I feel that Corero may well have the happy problem of deciding to float/sell Business Systems over the next 2/3 years for a substantial premium to book adding significantly to shareholder value.Exciting times I feel are only a matter of weeks away.Watch this space!

[25october1969] 21/10/2010 15:44

I have traded Corero through IDealing, Stocktrade, Redmayne Bentley, Selftrade and TD Waterhouse so plenty of options.

It still looks a good buy for the medium term and it looks like they are taking their time to do the right deal at the right price. As using equity for deals they will want share price as high and solid as possible albeit in view of recent issue at 25p I would hope for the "value" of equity in first deal to be around the 35p level, a 40% premium. If subsequent deals also at 40% premium to previous deal we should see steady growth....providing of course we get positive trading performance. Understand that Bernard Snow's business is performing well so looking good for the moment

[gac141] 21/10/2010 15:03

In fairness got an immediate reply. Peter has checked. It is down really to the illiquidity of Corero stock. I can understand this as the stock has been v poorly traded.

As progress is made they will up the profile and raise awareness to a greater extent thus allowing the likes of Barclays to trade again.

In the meantime here are some brokers to do deal- Killik, Charles Stanley, Williams de Broe.

[currypata kai] 21/10/2010 14:26

thanks gac ...appreciated

[gac141] 21/10/2010 14:20

Currypata Kai

I am with Barclays- I have known this for well over a year. They do not trade them. I have mentioned this to Peter Waller several times. Maybe then was not the time to do something but I think now is. I will eamil him again

[gac141] 21/10/2010 14:10

Plus markets are up nearly 17%. Maybe we are starting the process of change

[cocker] 21/10/2010 14:04

bid up again & thats worth a yeeee haaaaaa

[currypata kai] 21/10/2010 14:01

Barclays dont allow online trading in this stock.I wonder why >?