Crossword Cybersecurity Share Discussion Threads

[interceptor2] 09/11/2010 08:34

Interims due 23rd November ( Estimated)

[davydoo] 16/9/2010 20:51

Thanks Stegrego. Im no fan of Arbuthnot due to personal dealings ive had with them related to other shares, but good to see them doing their job here.

[stegrego] 16/9/2010 20:35

Arbuthnot maintained its "strong buy" stance and 55p target price for the consumer-focused technology solutions provider Clarity Commerce Solutions (CCS). The broker notes the positive share price movement from peer group K3 Business Technology* following the release of its final results earlier in the week. In light of this, Arbuthnot views this as a good read across for Clarity Commerce which also has had a strong pipeline of opportunities for its suite of ClarityLive software product, some of which was flagged at the trading update on 31st August. Unlike many in the sub-sector, the group has net cash on its balance sheet and as such, the broker believes the business deserves to stand at a significant premium to its peers. The shares finished flat at 42p.

[davydoo] 15/9/2010 18:18

good day today, every small buy lifted the price slightly higher each time

[interceptor2] 07/9/2010 14:31

Brought an initial stake here, and hope to add into strength.

Recent news has been increasingly encouraging, with recent Director buys and more positive contract wins and Director appointments.

With fairly recent change in management, improving company prospects, and on a forward per of 6.9 and 5.8, and with net cash. The risk reward looks favourable. imo.

We will see.

ic2...........

[davydoo] 31/8/2010 10:51

The IG spread on MAR 11 this morning is 34.87 - 40.56

Thats a bit rich for me. I'll stick with the stock.

[davydoo] 31/8/2010 10:49

Positive update this morning. Good to see the continued roll out of the big recent contract wins.

[davydoo] 27/8/2010 17:47

Just found out I can spreadbet these with IG :)

Market is closed now, but it shows a spread of 35.4 - 36.01 for MAR 11

That seems like a good play to me, especially with interims due in November, that should include contributions from recent contract wins.

I hope the spread is really that tight during trading hours.

[davydoo] 26/8/2010 22:06

just stumbled across this;

[stegrego] 18/8/2010 20:13

Bought a few as just a starter to keep my attention.
Paid about 10% less than new directors did in July.

[davydoo] 17/8/2010 18:28

I've only just fully recognised the benefit of the Cyntergy Services purchase, it looks like a great deal to be be able to take this business back in house for a small outlay.

Potential to reduce central overheads, and to cross over the customer bases.

[davydoo] 12/8/2010 19:10

I've made my first purchase here today. Great to see the growth in the company, and the strong balance sheet.

[nellie1973] 30/6/2010 15:29

Broker upgrade

[interceptor2] 28/6/2010 13:33

Todays results look solid and inline with market expectations, it was difficult to see the true underlying EPS just a tad over 4.0p looks about right once tax credits are taken off. And good to see net cash after last years placing.

Prospect look promising for this year, with new contract wins after the Merlin and Pret a Manger announcements.

Have had these on watchlist since February, I plan to add here but trying to be cautious at this time.

ic2.........

Edit

EPS of 3.63p is correct, I deducted the wrong deferred tax figure to arrive at 4.0p.

[glasshalfull] 26/4/2010 21:29

Hoodless Comment

Clarity Commerce Solutions (CCS, 41p, £15.93m)

Clarity Commerce Solutions (CCS, 41p, £15.93m) Trading update for the year ending March 2010 highlights results will be in-line with market expectations despite challenging market conditions which resulted in delays for key orders. We maintain our BUY recommendation with a 47p price target.

Recommendation: BUY

Regards,
GHF

[smarm] 26/4/2010 17:14

Comment from Daniel Stewart below.

"The trading update from Clarity Commerce says results for the year to end March are in line with market expectations. Our forecasts are for PBT of £1.8m on sales of £18.2m resulting in EPS of 4.0p. We view the 60%+
increase in PBT as highly creditable, given the difficult economic environment. Importantly, given the improved
software product suite, the pipeline of opportunities continues to be encouraging and having met/beaten expectations over the last two years we expect further substantial progress in FY2011. Cash generation, while
strong, may be lower than we had forecast mainly because a number of sales (e.g. Merlin and Pret A Manger) occurred late in the year. Our 55p target price remains conservative, in our view, and we reiterate our Strong Buy
recommendation."

S

[glasshalfull] 26/4/2010 10:37

Well T/S out today. In line, with the caveat that orders delayed given harsh economic climate. Pleasing to hear though that they are generating cash.

Cautiously optimistic which suggests that they will probably remain range bound in the near future. On a PER of 10 for year ended which is probably up with events for the timebeing IMO.

I only have a few and won't be building a larger holding at this juncture, certainly until outlook improves.

Regards
GHF

[smarm] 25/4/2010 23:58

It's Pret a Manger.

Saw them at Master Investor show....seemed clued up and bullish (I hold).

S

[tsmith2] 22/4/2010 14:27

would expect something later on today/tomorrow..

[tsmith2] 21/4/2010 07:25

expecting a v upbeat trading update tomorrow

[glasshalfull] 12/4/2010 09:48

Thanks tsmith.

Added a few more this morning.

Regards,
GHF

[tsmith2] 09/4/2010 22:13

Trading update 22nd

[glasshalfull] 09/4/2010 17:15

Clarity is enjoying smashing momentum in the order front and I was impressed at the board appointments last month, very bullish.

They are forecast to have achieved 4p EPS for yr end March and 5.3p in coming year. No B/S worries and look very good value to me.

Regards
GHF

[foxnil] 09/3/2010 09:14

If you are interested in quizzing management, the company is exhibiting at this show in April: www.masterinvestor.co.uk. They have a few free tickets available for shareholders and other interested parties if you email the organisers at [e-mail] quoting 'Clarity Commerce shareholder'.