Manpower Software Share Discussion Threads

[ed winchester] 22/4/2003 17:52

crazi, What TIME were those trades done ? please answer !!

LOOK at the time the trades were dealt for heavens sake and check what price MNS was at that time.

[crazi] 22/4/2003 17:41

Take another GOOD look...

Trade 0 - 5K is a SELL at 4.2
Trades 1 2 3 (the large ones) are all at 4p...... SELLS...
Trade - 4 the M trade is a sell (at least a sell to another MM)

The rest showed up after my posting but only total around 200K.....

Puts sells at about 3.137 million and buys at only 211 thousand..

So I'm not mad after all...LOL

I never said this wouldn't climb. All I said was at the time all the trades where sells. Which they were. The small buys were all reported after my comment. The small buys have come off the rns and the mm's have ticked it up to get premium.

I don't know enough about this share to comment any further. It was just an observation....

I hope you guys score...... I will watch and see what happens.... GOOD LUCK...

[shortermer1] 22/4/2003 16:50

All buys today.

Gawd knows how Crazi can think they are sells.

Thing is, will the rise continue??

ST.

[maxinvestor] 22/4/2003 16:31

Crazi don't get trapped in the advfn reporting system. All the trades were buys but as this share is hardly ever traded it takes up to an hour before the trade is reported. If the price rises in the meantime (which it has in this case) advfn thinks it is a sell.

Joe Public will 'cotton-on' - eventually.

Regards

Max

PS The 40k earlier was mine.

[ed winchester] 22/4/2003 16:29

crazi

youve got it wrong mate. all those trades you see are delayed buys. Look at the time the trades were dealt. They were done before 2pm when the price was 4.5p - 5.0p.

[crazi] 22/4/2003 16:24

Max - nearly all of the trades today are sells. Price increase on Directors buying but Joe Public is not responding....does anyone know about this share...?

[maxinvestor] 22/4/2003 15:22

Looking good for the coming weeks....

[maxinvestor] 22/4/2003 14:52

I'm watching this like a hawk as this could easily pop 100% in a few days with momentum buying. Director buting very encouraging - I'm in for 40k.

Max

[ed winchester] 22/4/2003 13:38

directors buying shares in Manpower today :

RNS Number:2250K
Manpower Software PLC
22 April 2003



22 April 2003

MANPOWER SOFTWARE PLC

("Manpower" or "the Company")


Directors' share purchases


The Directors of the Company have today acquired, in aggregate, 1,375,000
ordinary shares of 5 pence each in the capital of the Company ('Ordinary
Shares') each at a price of 4 pence per share. The individual purchases by
Directors and their resultant holdings are as follows:

Director Number of Total holding Percentage of
shares issued share
capital
acquired


Robert Drummond* 750,000 2,840,352 6.42
Paul Scandrett 50,000 65,312 0.15
Simon Thorne 200,000 685,083 1.55
Philip Morgan 100,000 147,468 0.33
John Archibald 75,000 102,562 0.23
Ian Lang 200,000 595,625 1.35



* 375,000 of the shares acquired are held in the name of Sharelink
Nominees Limited on behalf of Susan Drummond. The remainder are registered in
the name of BNY (OCS) Nominees Limited

Press enquiries:

Manpower Software PLC
020 7389 9500
Robert Drummond, Chairman

Shore Capital
020 7408 4090
Alex Borrelli

[maxinvestor] 26/3/2003 10:12

Nice to see it is continuing its rise in the absense of sellers. Could be one way trafic for a while.

Max

[maxinvestor] 22/3/2003 00:43

Relatively large buys around 11:30'ish -wonder if something is brewing?

Contracts confirmed?

[rescuer] 19/3/2003 14:45

Hi Rob & Ed >. just looking up an old fav, got out from 18p at 9p but still look in at times.

Ed the handles great.

Hope you are both enjoying good times

PS has anyone heard from Felix ??

anyway back to the AHT thread good luck to both of you

cheers

glenn

[ed winchester] 19/3/2003 11:37

rob

no, i dont live in winchester. I just adopted the name from thay guy in the "fast show".... when he comes on saying "hi...... I'm ed winchester".

[robward] 19/3/2003 10:49

Hi Ed
Do you live in Winchester ? Let me know because perhaps we could have a night out and chat stocks over a beer, I live in Horton Heath and there are very few people interested in stocks in this area !!!

Best Wishes

Rob

[ed winchester] 19/3/2003 10:43

Disheartening, isnt it. I really thought it would move after the results last month. Especially with the NHS contract and MNS stating they will be profitable in the second half. I get the feeling there is a stock overhang that is depressing the share price.

One other plus, Herald Investment bought 500,000 at 5.5p upping their stake to 26.49%. Someone also paid 7.6p for 500,000 on friday.

I believe MNS are concentrating on the NHS and maritime. For me thats ok, so long as they make a profit. Which they are going to do in the 2nd half and next year. At current price its trading on a forward multiple of 5.5.

[robward] 19/3/2003 09:03

Hi All
Manpower may dominate the Crew Manning Software markets but they need to gain new markets and contract wins very, very quickly or the trade at 3p yesterday may turn out to be a good bit of business !!!!!!!

I for my sins still hold all my stock.....win some lose some.

Best Wishes

[ed winchester] 06/3/2003 00:04

Hey, Herald Investment Management bought 500,000 more shares @ 5.5p :


Manpower Software PLC
05 March 2003

Manpower Software Plc ('Manpower Software' or the 'Company')

Manpower Software was informed today that, following the purchase of 500,000
ordinary shares of 5p each in the Company ('Ordinary Shares') on 3 March 2003 at a price of 5.5p each, funds managed by Herald Investment Management Limited own 11,720,836 Ordinary Shares. This holding represents 26.49 per cent. of the
Company's issued share capital.

[ed winchester] 05/3/2003 19:49

Date: March 4, 2003 - FOR IMMEDIATE RELEASE

- Booth # 2115, Seatrade Cruise Shipping Convention,
Miami Beach Convention Center, March 4-6 -

With the recent order from Norwegian Cruise Lines, the MAPS Crew Manning suite from Manpower Software now holds 55% of the market for crew manning software in the cruise sector, by passenger berths*. MAPS cruise customers include both the largest lines such as Carnival, Royal Caribbean and P&O Princess and such medium-sized lines as Sun Cruises and The Yachts of Seabourn.

MAPS Crew Manning is not only the most successful, but also the most complete crew manning system available, with modules including HR, crew scheduling, travel, recruitment and training management. It uses unique time-based functionality to allow long-term scheduling. Capable of calculating the manpower supply and demand balance at any point in time, MAPS can ensure that ships are always crewed with the right people in the right place at the right time, using a central database of crew information that can be accessed from anywhere in the world.

Philip Morgan, President, Manpower Software Inc, comments:
" It's no coincidence that MAPS Crew Manning has taken the cruise sector by storm in the last three years. We have optimized MAPS for the very specific needs of our cruise clients and we are constantly listening to feedback from our customers in order to improve MAPS and add functionality. The result is that MAPS delivers real world benefits by making the entire crew manning process faster and more efficient while at the same time ensuring companies are compliant wih he laest legislation.

"We are not resting on our laurels. Our aim is to provide our customers with a broader range of products and services and maintain MAPS as the market leader. We are looking forward to welcoming even more cruise lines to the worldwide MAPS family in 2003."

[mac] 05/3/2003 16:30

I hve to say I agree with velvetides hole in the head feelings & his views re market participants. Whilst also agreeing with Ed.

Its been a painfull ride!

They clearly have a very good product. But like all new things it can take forever to get them established.

Clearly one day they will succeed & that day is getting closer, whilst the shares are very cheap.

Need I say more.

[ed winchester] 01/3/2003 09:18

You have already made your mind up on the stock so pointless getting into a slanging match. You agree with the company that the results were disappointing but totally miss out the caveat stating :

"we do not consider that it is reflective of the
current level of prospects and confirmed sales that the Company expects to be
able to recognise in the second half of the financial year"

I will say this, the stock is currently trading at 2004 multiple of around 7. But this is from the last broker forecast which will now be of course be upgraded.

As for long term growth, from 600 NHS trusts, other governments defense sector, NATO, maritime etc ? To see which sectors MNS have ongoing customers :



Also majority of the revenue will be realised in the second half.
You have also overlooked the revenue wrt to the contracts announced last year which will be realised in the second half (c.£1.5m).


Suffice to say I am confident of this niche company delivering shareholder value from current levels.

The proof in the pudding will be in 6 to 18 months time and what price the share stands.

I wish you well in your investment and hope you find stocks that not only give you "fun" but give you excellent returns on your investment. All the best.

[velvetide] 28/2/2003 23:57

addressing your criticism from another angle i think that any serious investor will not currently be placing too much reliance on b/s analysis etc

i observe the markets and see that the shorts are beginning to gain full control of markets just as the bulls did up to 2000

i will be cautious in what i say, so will just suggest that these market participants are the same individuals and will succeed in driving the market to crazily low values mirroring the crazily high values they achieved in march 2000

[velvetide] 28/2/2003 23:45

i agree with the company when it says the results were dissapointing

moving on down i read that i can expect revenues of the order of c1.5m in the second half, lets say 1.75m to be kind

hence revenues for the year will total c2.6m

however their current run rate of fixed costs is 4.4m

so there's a possibility that F2003 will show a loss of 1.8m

if this is so, the balance sheet as at 31/5/03 will boast net assets of c0.85m allowing the company to survive around 5 or 6 months without further cash injection

i'm sure you'll find ways of being more positive, however when i look at the revenue sequence for the recent halfs (earliest first)

0.74
0.86
1
1.7
1.6
0.86

and i read in today's results:

"Our growth and leading position in the cruise industry continued during the six months to 30 November 2002 and now sees the MAPS software being used or
implemented in four out of the top five companies in this industry, including
Carnival Corporation, P&O Princess and Royal Caribbean"

i need to ask myself if this is the pattern of revenues achieved from from a (the?)leading position in their key target market then where will LT growth be achieved

i'm sure you'll come up with some fun ways of being optimistic but as a serious investor i have to assume that the shape of the half yearly revenue curve is a warning that perhaps its going to be a lot tougher to achieve revenues in this niche than what the stock price over the last two years suggested

my current opinion is that if i buy this stock today i will be paying the wages of the people who work in the company, full stop

as someone who is not working but has some capital to invest i think the rational thing to do is give this one a miss for now

[ed winchester] 28/2/2003 20:14

velvetide

if you want fun, you should do the horses. Who said serious investing was fun. Unless you just do it as a gamble then i guess you look forward to the fun. Serious investing is boring, it involves looking at cash flow, balance sheet, p/e etc etc. Not exactly fun is it ?

[velvetide] 28/2/2003 20:10

owning this stock is about as fun as having a hole drilled in the back of your head