Eu Supply Share Discussion Threads

[hazl] 11/2/2014 15:20

little beauty....is that an announcement again??

[hazl] 11/2/2014 12:43

looking good guys and a late reported buy by

the looks of things 8-)


imo

[woodgate3] 11/2/2014 11:43

Hmm, sneaky buying. Does somebody know something I don't?

[hazl] 11/2/2014 09:33

I sense there are strong holders here, to o woodgate

[woodgate3] 10/2/2014 12:39

Cant be much stock around with the institutions sweeping everything up.

[tipsheet] 10/2/2014 11:57

Market leader in a sector, which thanks to new legislation will immensely accelerate growth.

The current market cap only reflects the money it has cost them to develop the platform.

Hargreave Hale have increased their stake - any kind of coverage "should" facilitate rapid improvement in the price.

nri

[tipsheet] 10/2/2014 11:57

Market leader in a sector, which thanks to new legislation will immensely accelerate growth.

The current market cap only reflects the money it has cost them to develop the platform.

Hargreave Hale have increased their stake - any kind of coverage "should" facilitate rapid improvement in the price.

nri

[hazl] 10/2/2014 10:29

slowly,slowly catchee monkey!

Hargreaves Hale,on the up

lol

[hazl] 07/2/2014 15:55

Thanks to contributors further back on the thread I have increased my research and am very pleased with my investment here.
Lets hope for plenty of news flow and contracts as this company develop


For your interest the video is worth a watch I think. thanks valueviper

[hazl] 05/2/2014 13:26

thanks indeed woodgate....I surmised that was the case

[woodgate3] 05/2/2014 12:26

Guys, the point is that the legislation in the EU passed last month obliges the adoption of systems such as EUS. Adoption must occur by mid 2016 for all but the smallest procurement decision. EU procurement makes up about 15% of GDP in Europe so as there are only a handful of compliant systems in Europe the all things being equal EUS can become a decent sized co over time.
Heres hoping!

[drdre] 05/2/2014 11:06

Hi Hazl,

No worries. I guess the kicker here is whether the CTM platform will be adopted on a widespread basis and what kinds of revenues we could potentially be looking at.

However, it would be good from the company's point of view to have some revenue / profit projections based on number of countries / bodies that may sign up? Just thinking out loud.

I will continue to watch and wish all holders good luck.

[hazl] 05/2/2014 10:56

Drdre Thankyou for you interest.
I do not pretend to have all the answers or indeed to suggest that any new company is not without its risks but I have retained my initial interest after reading the statement, as I scoured the information from previous news items.

'The Directors believe that the Group's CTM(TM) platform is one of the easiest to use and most functionally advanced solutions available in the market. The CTM(TM) platform is used by over 6,500 European public sector bodies in 10 Member States and has National Procurement System status in four Member States (the UK, Ireland, Norway and Lithuania). '
It seems that authorities will have to comply with legislation and that the need for e-procurement solutions will continue to grow and I don't see why this firm....that again , I can only speculate.... may be the leader of choice in some cases.
Businesses are never adverse to reducing costs and EUSP mention that as a priority for them,too so with the mention of 'market aggressively to future clients'we will have to see!

They have the sense to achieve the debt free status early on, too which I liked.


'-- Funds from the Placing will be used mainly to fund expansion of the Company's sales team, provide working capital to grow the business and to repay borrowings, leaving the Group debt free on Admission. '

[drdre] 05/2/2014 10:37

Looks interesting but the contract wins (around £1-200K) aren't huge and they will need profit of around £1m to justify the current cap?

I am intrigued but the lack of visbility on revenue and earnings means this is a bit of a gamble no?

Welcome any arguments to the contrary :)

[hazl] 05/2/2014 10:24

'Following the Company's successful Initial Public Offering on AIM ("IPO") in November 2013 when it raised GBP5.0 million, the Company has recruited, ahead of schedule, seven IT sales professionals with proven track records to cover the UK, Denmark and Sweden. This was one of the intended uses of proceeds raised on the IPO as outlined in the Company's AIM admission document. This provides the Board with confidence that increased forecast revenue in H2 2014 and substantially increased forecast revenue in 2015 and beyond is achievable.

The Company is debt free following the repayment or conversion of all of its existing debt at the time of the IPO or shortly thereafter. The Board believes that the financial platform for the expected growth referred to above is now in place. '
As in the trading statement . A positive outlook imo

[hazl] 04/2/2014 14:55

Reckon this has good prospects ....decided to get a few earlier today.

good luck folks!

[woodgate3] 04/2/2014 08:31

Decent announcement

[woodgate3] 18/1/2014 12:55

Apparently the law will be rubberstamped by the EU ministers in 2 weeks and each EU Govt has 2 years to comply from that date. Very tough timeframe so a lot of chances for EUSP as most do not have anything like a compliant system at the moment.

[woodgate3] 16/1/2014 07:58

Law got passed with 2 years for EU Governments to comply. Very good news!

[woodgate3] 15/1/2014 19:01

Looks good, must admit some clarity from the company would be good.

[tipsheet] 15/1/2014 16:37

Some PR / updates from the company are now badly needed to make people aware of both the legislation and the company

NRI

[tipsheet] 15/1/2014 16:17

It appears as though the legislation has been approved in parliament.
The following update is from the BBC's live coverage of the EU Parliament.

1204:

Sticking with the topic of public procurement, MEPs are now voting on a regulation on access of EU countries to public procurement in non-EU countries and vice-versa. Broadly speaking, amendments from the EPP, Social Democrats and Liberals are being approved, whilst amendments from the European United Left are being rejected. The Commission's proposal, as amended, is backed by 479 votes to 184. However MEPs hold off from a final first reading vote to allow for more negotiations with the Council and Commission to reach a first reading agreement. I'll explain more about this later.

1200:

The current set of votes is on three pieces of legislation to update the rules on public procurement. All three are backed with comfortable majorities.

[woodgate3] 14/1/2014 16:19

Viper
Thats one of 3 legislation segments. Waiting to see the vote tomorrow.

[woodgate3] 14/1/2014 15:19

Liftoff!!!!