Eurovestech Share Discussion Threads

[badday] 28/2/2008 19:46

Hi Ken, I'm still in. I closed my spreadbets, and now hold the shares. Not expecting fireworks with this one though.....

[studhaves] 28/2/2008 01:19

Nice rise today - something brewing?

[jdschwartz] 27/2/2008 21:32

should have held on to these at 1.75p would have paid my mortgage off. If I have learnt one thing it is when you see a good thing BUY AND BLOODY HOLD.

[dorset64] 18/1/2008 18:39

2 x 1 million buys, something brewing here perhaps but no change in share price Are these buys or rollovers?

Dorset

[studhaves] 04/1/2008 16:32

Very quiet this one. I suspect that will change shortly.

[jambo172] 03/12/2007 16:39

Eurovestech plc ("Eurovestech")

KSS Retail

Contract Win

Eurovestech is pleased to announce that its wholly owned subsidiary KSS Retail Limited ("KSS Retail"), a leading supplier of science-based pricing intelligence, optimisation and modelling solutions to the grocery, convenience retail, chain drug and mass retail industries has secured its largest contract win to date.

Raley's, a privately held, family owned supermarket chain, operating over 130 stores across Northern California and Nevada has selected KSS Retail to provide them with price optimisation and modelling solutions.

Joel Barton, Senior Vice President Sales and Merchandising of Raley's commented: "After a comprehensive evaluation of the optimisation solutions available in the market, we chose KSS Retail because of their knowledge of the grocery industry, intuitive nature of the software, and the remarkable success that their customers have had using the KSS Retail optimisation tool. We are focused on providing our customers with the best value possible and we see KSS Retail as instrumental in helping us achieve this goal. After spending time with several KSS Retail customers, it became evident they were the best choice for us to address this business area."

Richard Bernstein, Chief Executive of Eurovestech, commented: "This is an important customer win. Raley's decision to select KSS Retail demonstrates that in its market, it offers customers the best available solution."

"Raley's is a superb operator that is focused on delivering real value for their customers," said Lance Jacobs, CEO of KSS Retail. "The predictive insight they gain into their pricing and promotional decisions will provide them the ability to align their merchandising tactics with consumer demand. This capability allows Raley's to ensure that their customers are provided the value they have come to expect."

KSS Retail provides an advanced pricing solution that leverages historical point of sale data to accurately model and forecast consumer reaction to pricing, allowing retailers the ability to optimise value for their consumers. KSS has been providing scientific-based intelligent pricing solutions since 1993 and currently has retail customers in more than 12 countries using its predictive modelling and optimisation solutions.

[kenmitch] 07/11/2007 11:18

Sorry badday - only just seen your post.

No not attending - London AGMs are a long way for those who live up north.

I don't remember dramatic news/share price reaction following previous AGMs and doubt that many private shareholders go.

Even so will be watching out tomorrow just in case.....

[badday] 06/11/2007 09:35

AGM on November 8th, anyone attending? Do EVT usually give presentation / update?

[kenmitch] 02/11/2007 08:40

Many thanks Buffin for the very comprehensive report back from the MIST presentation.

Assuming the sound quality and the potential for exploiting it is as described by MIST then EVT look to have found yet another exciting investment opportunity.

One good thing is that they have not paid much (just £800,000) for their 40% stake, so they can't go far wrong. Seems prospects for MIST range from modestly successful to a potential blockbuster. Hope it's the latter.

Meantime on another of their investments see this excellent recommendation of KSS technology by one of their US customers, now posted on the Eurovestech website.



The bit I liked -after mention of how well they get on with the KSS Retail team - "using KSS Retail Price Optimisation solutions we have realised more than double the return we were expecting."

Bodes well for more contract wins - perhaps the more so if the US is heading for economic slowdown or recession?

And in case anyone new to EVT doesn't know this....

EVT paid just £1 million for then loss making KSS, and also got their £6 million cash pile. They quickly turned KSS around and now the good news and profits are flowing.

[buffin] 01/11/2007 07:49

Business is business :)

[bubface] 01/11/2007 07:30

not sure bernstein does carols!!!!

[buffin] 01/11/2007 07:26

Indeed, bubface. That "fun" element is intended as a big part of songcooker's appeal. You'll be able to duet along with the artist, for instance, or remove them and substitute you or your offspring and tell your family what an excellent track you've created.

I did suggest to someone in EVT that their top brass might get together and create a carol, to show what could be done.

I forgot to say that the buffet was excellent.

[bubface] 01/11/2007 07:16

was there thought it went well with a very interesting two fold business plan...could all be very big and not long lead time before we know if songcooker is a real hit.an example of what is possible with software through www.songcooker.com ,a mix of britney with the bee gees was almost too much though!!!!

[badday] 01/11/2007 07:10

Thanks for that buffin. I would guess they must be planning a media blitz on launch, i had previously had difficulty in understanding where the revenue was going to come from. Thanks

[bubface] 30/10/2007 13:59

presentation tomorrow in london for mist could generate some interest.

[kenmitch] 26/10/2007 17:25

Yes. Yet more good news - especially so as this is KSS Retail.

Plenty of news recently to justify the overdue rise in the share price.

[badday] 26/10/2007 11:15

26 October 2007


Eurovestech plc

("Eurovestech" or "the Company")

Partnership Agreement


Eurovestech's wholly owned subsidiary KSS Retail Limited ("KSS Retail"), a
leading supplier of science-based pricing intelligence, optimisation and
modeling solutions to the grocery, convenience retail, chain drug and mass
retail industries has signed a partnership agreement with Retalix to provide
grocers a comprehensive solution for price management.

KSS Retail today announced a partnership with Retalix(R) (Nasdaq: RTLX), a
global provider of software solutions for retailers and distributors to provide
grocers with a "holistic" price management offering, which includes the creation
of an overall pricing strategy, the execution and analysis of price management,
and a science-based price optimisation system.

The companies will combine a range of strategic consulting offerings and
advanced technology solutions to help grocers execute effective price management
programs that include:

* Price Strategy Development, a solution that is tailored to a retailer's
unique competitive environment and designed to enhance price image, while
driving sales and sustainable profits.

* Price Strategy Execution and Analysis via Retalix HQ/Store software,
Retalix's central and store-level rules-based item pricing and inventory
management solution, which controls, automates and analyzes store pricing
strategies.

* Price Optimisation using KSS Retail's PriceStrat product that leverages
proven scientific algorithms to generate optimised regular and promotional
prices. The system uses product elasticity, cannibalism and affinity
cross-effects combined with mathematical relationships and business rules.


"We forged this partnership to better respond to the industry's requirement to
establish and manage prices on an end-to-end basis. Grocers operate in extremely
competitive environments where every penny counts, and this holistic approach to
the price lifecycle process will enable retailers of all sizes to realize
incremental gross profit dollars without sacrificing sales," said Ray Carlin,
executive vice president for Retalix USA. "Grocers now have a comprehensive
price management solution that helps them develop a sound strategy and execute
on that strategy through automation, optimisation and integration."

"The combined competencies of Retalix and KSS Retail provide our customers with
a truly holistic approach to pricing, ranging from strategy to optimisation to
execution," said Lance Jacobs, chief executive officer of KSS Retail. "We are
excited to partner with these market leaders and provide solutions to retailers
that strengthen their competitive position, drive significant additional
profitability and ensure execution to strategy."

[kenmitch] 25/10/2007 20:37

And here's just one more reason why they did want them...... yet another quality contract win for KSS. Below are the details as posted on the Eurovestech website.
btw for any newcomers to EVT their website www.eurovestech.com is very good, always kept up to date, and there are links to the websites of their investee Companies.

25/10/2007

Petrolworld
StatoilHydro selects KSS Fuel Price Management

KSS, the global leading supplier of pricing analytics, execution and optimization systems to the petroleum industry, has announced that following extensive evaluation StatoilHydro energy and retail Europe, an operator of retail fuels outlets across several European countries, has selected the KSS PriceNet solution for fuel price management and optimisation.

StatoilHydro is using KSS PriceNet to enhance its pricing decisions, to implement those decisions more efficiently and to provide consistency, accountability and control with regard its fuel pricing processes. KSS PriceNet is the world's leading fuel price management and optimisation solution and is used by more than 40 clients in 12 countries.

"We identified KSS PriceNet to support our approach to centrally managing our fuel operations and, following an extensive evaluation, we are delighted with the results and have taken the decision to implement. KSS PriceNet satisfies our need to more effectively manage information and data, enabling us to operate the network of outlets through an exception based, streamlined, and highly automated process," said Guntis Aboltins-Abolins, Pricing Manager of StatoilHydro.

"StatoilHydro is leveraging KSS PriceNet to truly understand the complex dynamics of fuel pricing," said Bob Stein, Chief Executive of KSS. "We are delighted to welcome StatoilHydro as a valued customer."

KSS PriceNet is an end-to-end pricing solution supporting the key tasks and stakeholders involved in retail fuels pricing, from capturing field-based intelligence at the site level to the generation of price proposals via comprehensive pricing rules or optimization to consistent and timely implementation. High levels of automation and an 'exception-based' approach ensure a rapid response to market conditions and allow pricing analysts to leverage the power of pricing analytics and automation.

[buffin] 23/10/2007 18:55

To me the interesting thing is the price the transaction was done at.

Not only was it within the touch (24-24.75), but at 24.625 it was at the top end.

For me that says they did want them.

[kenmitch] 23/10/2007 13:37

Seems little doubt that Richard Bernstein selling 12 million shares last week was to satisfy Institutional demand.

RNS today.

A new Institutional EVT investor, Rensburg Sheppards Investment Managers has bought over 3%.

More interesting still Invesco have upped their already large stake by purchasing another 3.5 million shares to bring their total stake over 22%.

That purchase will be top Fund Manager Neil Woodford adding even more. I'd rather expected some of the big trades last week to be him top slicing to cash in some of his enormous paper profits on EVT. He has held the shares for ages, including buying some of his stake at under 2p, when a new Dresdner Fund Manager unwisely dumped their stake when the shares were at rock bottom.

That Neil Woodford is buying even more suggests he must be confident that EVT shares have a good bit further to go. Not surprising really considering the KSS/SAP deal last week, and the huge potential from MIST. Toluna too! The TOL share price has been stuck at just over £2 for months. Plenty of scope for TOL to produce more good news and figures.

Maybe the MIST presentation on October 31st will create even more Institutional interest in EVT?

[kenmitch] 20/10/2007 17:35

Eurovestech got a brief mention in the market report in the Financial Times today.

"Eurovestech , the technology investment group, closed 6.5 per cent higher at 24½p after one of its portfolio companies, KSS, struck a deal with German software group SAP. Later in the day, Eurovestech revealed Richard Bernstein, chief executive, had sold 12m shares, or 3.8 per cent of company, to satisfy demand from institutional investors."