Invu Share Discussion Threads

[andrbea] 12/8/2013 16:32

....

rising again

[oregano] 08/8/2013 08:42

at the same price, looks like a cross. not big numbers though £11k each.

[ashtree2] 07/8/2013 18:09

Two trades of 2.6mil shares!any ideas?

[oregano] 07/8/2013 14:27

about £2m. puts it on under 3x EBITDA. given the cash generation and cash pile a dividend has to be a realistic prospect. If they paid out 1/3rd of EBITDA it would yield 7%.

that would sort out the undervaluation of the shares they referred to in the full year results.

[twixm100] 07/8/2013 13:49

what is the current market cap now?

[oregano] 06/8/2013 14:55

To recap on the last full year figures;

PBT rose to £0.3m from -£0.3m.
EBITDA £0.4m.
Net cash £0.7m

Net cash position at the interims should be up to £1m, as working capital consumed some last time round. This is likely to reverse.

[oregano] 06/8/2013 14:20

new highs ahead of the next numbers?

[fenseal3] 21/6/2013 15:31

Back to what i said about lack of news this was two days ago, any other company would have given an RNS....with INVU you need to DYOR!!

Invu Launches Search 200 Document Management Software for Purchase Invoice Processing on Sage 200 Suite

PR Newswire

LONDON, June 19, 2013 /PRNewswire/ --

Stock-market listed Invu, a specialist document management systems provider, today launches Invu Search 200 - its purchase invoice processing solution specifically designed to integrate with the Sage 200 Suite.

Sage 200 customers enjoy financial management, customer relationship management and business intelligence software all in one solution so they can share data easily throughout their business. Invu Search 200 extends the capability of the software in purchase invoice processing to streamline automated invoice matching and authorisation workflows, and complement practices such as invoice approval and coding.

The Invu Search 200 solution has been designed to help finance departments by automating clerical tasks associated with filing and processing of invoices. By removing paper from the approval process, finance directors and accountants have the benefit of increased control and visibility of invoices being received and have immediate access to their current financial commitment.

Stuart Evans, Chief Technology Officer, Invu, comments, "Implementing a paperless invoice process that is integrated directly with your core financials means that you have direct access to invoices and related documents direct from Sage 200."

Evans continues, "In the current market, businesses are not replacing their accounting systems, they are reviewing their internal processes to seriously consider what can be done to improve them. In our experience, SMBs are attracted to a solution that delivers a clear business benefit and is provided by an organisation that has both the resource and expertise to provide support services before, during and crucially after the implementation process."

The benefits of automating the accounts payable process with Invu Search 200 include:

Stronger internal document management controls and full audit trail
Greater visibility into the Purchase Invoice Process
Reduced purchase invoice processing time, cost and errors
Reduction of paper storage costs
Accelerated invoice processing and purchase order times
Electronic documents can be shared throughout organisation
Standardised invoice receipt/workflow processes
Documents can be viewed, coded and approved on a pc or tablet with no training
Optimised cash management
Improved supplier terms through faster invoice turnaround
A stronger finance department
Evans concludes, "Established businesses are nearly always using a 'patchwork quilt' of IT systems to manage their business and will no doubt be searching for a provider that can complement and enhance these systems with good document management. Our Invoice Processing solution does exactly that by delivering more control, efficiency and also user access via mobile and tablet devices."

About Invu -

Invu develops and provides software solutions and services to help organisations with control, management and security of electronic documents and automation of workflow. These solutions increase information integrity, visibility and access across an organisation, reduce costs of paper document storage and retrieval, provide auditable document records management and reduce risk of non-compliance.

Invu's solutions enable automated document scan, capture, process and archive, and integrate readily with most back office systems, allowing tighter control of financial, HR and general business processes. Initial, quantifiable return on investment - in terms of both money and time - is typically achieved in less than six months.

c1600 diverse organisations use Invu including: financial and professional services: manufacturing, engineering and construction; estate management; education; housing associations; transport & logistics; retail and wholesale and Leisure.

For further information on the benefits of Invu to businesses, please contact [phone], or email [e-mail].

For press enquiries, please contact:
Samantha Turpin
itpr
Tel: [phone]

[fenseal3] 21/6/2013 14:35

looking to buy in on any drop reason why, undervalued against other companies in the same sector.
example...2013 year end results.

COMS MC 16m (shares in issue 520m)............. INVU MC 2.3m (shares in issue 470m)

Revenue 1.6m................................................... Revenue 2.6m

Sales 690k........................................................Sales 409k

Gross profit 929k.................................................Gross profit 2.2m

Admin cost 1.8m.................................................Admin cost 1.9m

loss 936k..........................................................Profit 288k

Loss PS (0.52p).................................................Profit PS 0.06p

i think this has a long way to go to catch up, watching very closely, if any items are wrong in any way please post and rectify.

Down side here they never post contract news and lack on updates, COMS will give an RNS every other day!!

[yump] 10/6/2013 15:18

Well as charts go it looks a bit incomplete - 0.6p was sensible if you just did 10x eps, but on the chart the 0.8p area looks more credible. If they managed 0.07p epsnext time, that would still only be a p/e of about 12. Leaves a lot to go for if the economy actually picks up a smidgeon.

[wisteria2] 10/6/2013 14:15

More inportantly the company has turned round from loss makeing to profit makeing........ hold on to your hats 1p just round the corner!!!!!

[oregano] 10/6/2013 10:11

yump / twixm, and anyone else who is interested. i have just had it confirmed, the number of shares on the exchange is wrong, you need to take into account the A ordinaries, ie mkt cap at 0.6p is £3m not £700k. Not obviously expensive, but not obviously cheap either.

[twixm100] 07/6/2013 08:06

It is my understanding that the company is net cash to the tune of 700k. Thats almost the market cap. so the p/e net of cash is ridiculous in my opinion. Good sector and compnay that is net cash and generating a profit. All in my opinion of course

[yump] 06/6/2013 17:24

Just had a good read through the finals and on first impressions, they seem to go into quite a lot of useful detail about where revenues come from, their split, margins etc. which seems unusual. Or rather, refreshing !

Re the share price it looks on first impression as if the horse has bolted, but I guess if they start growing a bit, a p/e of 10 is not very demanding. Say profits increased and gave an eps of 0.07p which would be a 16% rise - that would make them look cheap.

Will have to do a bit more reading and see what their USP is / competitors etc.

[oregano] 06/6/2013 17:22

Cottoner, note 4 in the recent results shows 473,752,662, which I used.

nice rise either way today, well played.

[yump] 06/6/2013 12:56

Sort of vaguely interested here, but haven't followed it much before. Presumably there's a load of disappointed previous investors, but is it at a point where continuing in profit will at least continue to move it in the right direction, or are there some nasty gremlins hidden away.

They don't seem to be full of it at all, but maybe they were previously ?

Presumably having gone into profit it was marked up to a p/e of 10, which would have got the 0.6p share price.

I'm assuming it would take a brave forecast to put much more in, given the comments about the economy, but looks like it reached bottom at 0.2p.

[cottoner] 06/6/2013 12:14

Recovering today on some buying.

[cottoner] 05/6/2013 21:04

Looks like the number of shares issues has to do with a capital restructuring INVU had to do in 2010.

RNS in June 30th 2010 gives details , I think the pertinent bit in the RNS is:


'As of the date of this announcement, the Company has 163,472,662 Ordinary Shares in issue. If the Proposed Capital Restructuring is approved and completed this will increase to a total of 163,472,662 Ordinary Shares and 305,000,000 A Shares. The A Shares will not be publicly traded and will not carry voting rights.'

[orange1] 05/6/2013 18:01

From the most recent accounts:

The basic loss per share is based on the profit after taxation of GBP305,000 (2012: loss GBP226,000) and on the weighted average number of shares in issue during the year of 473,752,662 (2012: 320,083,512). The deferred shares are excluded from this computation as they have no dividend rights.

[cottoner] 05/6/2013 16:56

Oregano,

Not sure if you mean I'm wrong or ADVFN etc is wrong.

The number of AIM securities in issue at 15 May 2013 is 168,752,662 £0.001 ordinary shares of which 49.7% are not in public hands.

Multiply that by 0.425p and I get around £717.2K

This correct?

[oregano] 05/6/2013 16:39

scan through the recent announcements. the ADVFN and Barclays market cap figures are wrong by a factor of 3ish. unsure why.

[cottoner] 05/6/2013 13:38

Currently back to a MCAP of only 700K with share price @ 0.00425.

[eat more fruit] 23/5/2013 00:15

NOTICE OF ANNUAL GENERAL MEETING
NOTICE IS HEREBY GIVEN that an ANNUAL GENERAL MEETING of Invu plc (the "Company")
will be held at the offices of the Company at Invu, Blisworth Hill Farm, Stoke Road, Blisworth, Northampton, NN7 3DB on 18 June 2013 at 9.00 am.

[gandalf1971] 22/5/2013 19:48

Jibber jabber

If this is a longer push against the wall then twice over the last 2 days the share has bounced off this range.

I wonder if we will break through it tomorrow