Macro 4 Share Discussion Threads

[cockneyrebel] 06/7/2005 10:26

Been firming up I notice - year end over, wouldn't be surprised if there's a trading statement not far off myself.

CR

[safman] 12/3/2005 18:48

yeah, up in my portfollio.. sooner than expected and possibly, 3 squids by monday..

saffy..

[tole] 11/3/2005 16:46

Nice finish. Resistance at 3 quid but through that and a nice run all the way to 4 quid. Lets see how it gets on.

[safman] 07/3/2005 23:12

a little closer... (nice little rise, slowly and steadily, wins the race..)

saffy..

[safman] 02/3/2005 13:10

LONDON (AFX) - Macro 4 PLC said it is confident about prospects for the rest
of the year.
The statement came alongside the group's announcement that it has appointed
chief executive officers at its two distinct divisions -- BIL, its document
management software business; and SMP, its systems management software business.
At the BIL unit, Michael Brand has been named CEO and at the SMP division,
Alan Sloan, currently group chief operating officer, has been appointed CEO.
Also as a result of these changes, Michael Maddison, the group's chief
technical officer, will be stepping down from the board with immediate affect.

[e-mail]
getting a little closer..3 squids..

saffy..

[napoleon 14th] 28/2/2005 22:56

Worth 3, easy.

Techinvest (out soon) will love this, and hate PLM (other data managament outfit).

[weatherman] 25/2/2005 20:15

Continues to move ahead. 270p

[wjccghcc] 11/2/2005 12:27

Might get to 3 quid sooner rather than later :-)

[tole] 11/2/2005 09:04

Mention in FT

Macro 4 ahead as IT conditions pick up
By Gary Evans
Published: February 11 2005 02:00 | Last updated: February 11 2005 02:00

Macro 4, the software and document management systems company, reported almost doubled underlying profits and said IT market conditions were gradually improving.
The company attributed the increase to top-line revenue growth with little significant corresponding increase in costs as Macro 4 continued to place emphasis on tight cost control.
Ronnie Wilson, chief executive, said: "I am very much encouraged about prospects for the remainder of the year."
Profit before amortisation and exceptional items jumped 98 per cent to £2.4m in the first half to December 31. Pre-tax profit came out at £863,000 (£181,000 loss), while revenue rose to £16.6m (£15.1m), including a 39 per cent increase in new business revenue to £7.5m.
The majority of new income in the period came from the Business Information Logistics document management division. The company also achieved revenue growth in the Systems Management Products division. The company's shares rose 13p to 246½p. Gary Evans

[wjccghcc] 10/2/2005 16:07

Anyone know what Citywire said?

[wjccghcc] 10/2/2005 10:46

I was going to take a profit on half my holding but have decided not to. The share price had gone precisely nowhere for a year until this month and I think there's a lot of catching up to do.

It is clear that the BIL division is growing fast and document management is the right area to be in, particularly with their US exposure and the advent of the Sarbanes-Oxley Act where every document now has to be stored and easily accessible. The SMP mainframe business is in gradual decline although the new business here is encouraging, and the cash it throws off gives them a good basis to grow the BIL area. A 98% increase in profits when the dollar has declined 20% is pretty good.

Haven't seen the upgrades yet but, assuming a full year EPS of 20p, then 3 quid would only require a rerating to a PE of 15. DCM (in a slightly different area of document management has) a PE of 18 and I can see MAO moving towards that rating as BIL continues to grow.

I'll take the nice divi in my PEP and hold for 3 quid at least.

[cockneyrebel] 10/2/2005 10:30

Good results - :-)

Suspect we'll see the profit takers at some point but a good long term hold imo.

CR

[safman] 10/2/2005 08:40

good rsults...

saffy..

[wjccghcc] 10/2/2005 08:03

Even if they just repeat H2 (10p), that gives them EPS of 17.3p and a PE of 13.5 for this year ending June (seasonal business). With that outlook and the increase in new business, they could easily do 13p in H2 giving EPS of 21p and a PE of 11. Plus most of their cash generation comes in H2 so look for a good increase there as well.

[spookies] 10/2/2005 07:59

Excellent results. Moving up in early trade.

[tole] 10/2/2005 07:57

Cant fault the figures really. Looks good all round.

LONDON (AFX) - Macro 4 PLC said IT market conditions are gradually improving.
The software and document management systems group reported a hefty 98 pct increase in profit before tax, amortisation and exceptional items in the first half to Dec 31 2004 to 2.4 mln stg from 1.2 mln in 2003.
After including amortisation and exceptional items, the group posted a profit before tax of 0.9 mln stg, up from a loss of 0.2 mln.
Revenue for the half year rose to 16.6 mln stg from 15.1 mln including a 39 pct increase in new business revenue to 7.5 mln.
The group also reported that cash balances more than doubled to 7.2 mln stg at the end of December.
The interim dividend was increased by 0.25 pence to 2.25 pence per share.

[safman] 09/2/2005 14:02

another blue..L2 3v1.. bring on the results...

saffy

[wjccghcc] 08/2/2005 19:09

Ah but you get the tax credit back in your PEP :)

[cockneyrebel] 08/2/2005 18:58

And they are ISAable - which makes them even nicer :-)

CR

[wjccghcc] 08/2/2005 18:37

Added earlier today at 225. Reread the last few years results and the trading statements. They made 1.2mm in H1 rising to 2.6mm in H2 last year. They are now materially ahead of H1 with significant new business in BIL which is more upbeat than what they said in the finals. They are also confident they're going to beat full year expectations after only 6 months of the year. Says alot for how things are going. And all of this in spite of the weak $ which is the currency for the majority of their revenues. Oh and don't forget the net cash which must be over 10% of the mkt cap by now and a 3% yield for a stock you can hold in your PEP. Looking forward to Thursday.

[cockneyrebel] 08/2/2005 17:43

A nice gallop of buying in the last 10 mins moved this up - will be opening at 230p tomorrow and set to go higher before Fridays results I'd say.

CR

[safman] 08/2/2005 12:08

yeah ..i'm waiting on this one as well..

saffy..

[cockneyrebel] 08/2/2005 11:59

Ticking up - results on Thursday.

CR