Manpower Software Share Discussion Threads

[maxinvestor] 25/4/2003 00:53

Ed great post:

Where did you get it from?

Max

[ed winchester] 25/4/2003 00:44

Boardroom Sweep: Directors apply Manpower

Published: 08:00 Wed 23 April 2003
By Algernon Craig Hall, Secret Buying Correspondent

A quiet beginning to another short week is broken only by a bout of director
share buying at Manpower Software.


* The tiny £1.9 million software company (MNS) has seen its share price fall
steadily over the past year and since the beginning of this year it has
halved from 8.5p to 4p but yesterday's buying prompted a 1p increase in the
share price to 5.25p.

The preceding fall tempted six directors to spend a total of £55,000 between
them yesterday on of 1.375 million shares at 4p each.

The biggest buyer was chairman Robert Drummond who spent £30,000 on 750,000
shares, which boosted his holding to 2.8 million shares or more than 6% of
the company.

The other big buyers were finance director Simon Thorne and non-executive
Ian Lang who each spent £8,000 on 200,000 shares each.

Managing director Paul Scandrett and executive directors Philip Morgan and
John Archibald also bought between 50,000 and 100,000 shares each.

Manpower's performance has yet to set investors' pulses racing and in
February it announced a interim loss of £1.32 million, up from £580,000.

The company described this performance as 'a disappointment' but insisted
that delayed contracts would come through and help to boost the second half.

====

just to add, MNS will be profitable in the second half.

[ed winchester] 25/4/2003 00:42

all we need is some contract news and MNS will really motor. This is a type of share that can leap really big time as 90% of the stock is held by institutions and directors. So out of the 44,200,000 shares in issue only 4.4m shares are in free float. So one can see how fast the share can move if some positive news comes to light (eg NHS or other contract announcements).

[maxinvestor] 24/4/2003 15:47

Ed

Things are ticking along nicely!!!!!!

Max

PS 8p tomorrow?

[maxinvestor] 24/4/2003 13:44

Cheers Ed

Max

[maxinvestor] 24/4/2003 11:50

RL

A steady daily rise is better as too much attention induces volatility.

Max

[responsible lad] 24/4/2003 11:47

Going up very little compared to all the strong buying at 6.75p today and yesterday. Should hit 10p by close tomorrow.

[maxinvestor] 24/4/2003 00:28

Ed

I agree it is very much a one way share now - UP.

Max

[destiny1] 23/4/2003 15:39

GET INTO CYBERCHINA NOW.

[maxinvestor] 23/4/2003 15:02

I hope so RL.

[responsible lad] 23/4/2003 14:55

Manpower Software will reach to nearly 20p by the end of next week.

[ed winchester] 23/4/2003 11:49

just to add to post 82. Before yesterday you could buy upto 700,000 shares online at below the offer price. Shows how much stock market makers had on their books to off load (caused by the 800k sell some weeks ago). The online now is much much lower, last time I checked it was around 40,000 buy and sell limit at touch price (no improvement to bid and offer).

[ed winchester] 23/4/2003 10:56

there was a massive amount of stock in the market makers books before yesterday caused by the 800k sale at 3.5p some weeks ago. This was depressing the price. I believe that was cleared by the directors who bought over a million yesterday. So the price is free to move upwards as market makers books have been cleared cleared of the excess stock.

[robward] 23/4/2003 10:09

Hi All
Lets hope there is good news in the pipeline. Nice buy of 70,000 this morning which nudged up the price. Cant believe the directors would have bought without feeling very positive. Lets hopw we have some more NHS wins

Best Wishes

[maxinvestor] 23/4/2003 09:28

Crazi hope you jumped into BDI first thing as well.

Max

[crazi] 23/4/2003 09:22

ed - they were sells...LOL

You guys are winning anyway. well done.....nice to see the small guys winning. Just be careful of a sell as the volume is very low and it may drop quickly. Good luck all....

[maxinvestor] 23/4/2003 08:32

LONDON (AFX) - Bond International was up 1-1/2 pence to 15 after the
Software firm signed a contract worth 400,000 stg with recruitment firm The
Rullion Group.
Bond said its staffing software, Adapt, will be implemented in all of
Rullion's divisions in the UK.
Rival software developer Manpower was also in demand, up 0-1/2 pence to
5-3/4 following yesterday's news that five of its directors were revealed to
have picked up a total of 1.375 mln shares at 4 pence each.
bge/rn

[destiny1] 23/4/2003 08:27

GET INTO ULT AND EIC NOW.

[shortermer1] 23/4/2003 07:51

Looks like opening higher this morning as WINS are on 5.5p - 6.5p already.

Must#ve got some press comment imo.

ST.

[responsible lad] 23/4/2003 01:46

Manpower Software will double by the end of the week. Always does from little share buying.

[maxinvestor] 22/4/2003 23:16

Pontificate all you will but all bodes well on this ship - expect a 50% in the next 8 weeks or I will eat my socks and that's a promise.

Max

PS I am anticipating news of the renewal of contracts with further contracts linked to the defence sector (not necessarily British).

[felix99] 22/4/2003 21:17

Just for info the time delay can be upto a week I believe or more depending on how many times nms the trades are.

A 1m trade could easily be delayed days to allow MM's to clear the books etc.

Rules are in the LSE manual on website.

jUSTJIM - the trades you have spoken are indeed part of the same deal by the looks. The 1568k was bought and sold on at 4p. by the looks to the directors. The 375k is held in a different nominee account in directors wife's name - hence the 375000 showing separately.

No doubt the MM willhave taken their commission separately with the seller rather than through the spread as normal.

Positive but then the MD bought a big slug thru the rights at 13p - so lets hope they get their timing better this time!

Still holding but not buying more as yet

[justjim37] 22/4/2003 18:23

I think you are all wrong.
I believe the large three trades which took place virtually at the same time was in fact a rollover transaction.
If you add the trade of 375,000 to the trade of 1,193,750 you get 1,568,750 the value of the third trade.
I believe someone bought 1,568,750 shares with the option to roll them over at a price agreed in advance. The rollover period terminated today, he/she rolled them forward . I'm sure someone will correct me if i'm wrong.

[ed winchester] 22/4/2003 17:59

the funny thing is you even say 3.137 million were sells. How can they be sells when today there was an RNS that directors bought over 1 million shares. The simple truth is the trade was delayed hence by the time the trades were displayed the price had moved hence showing as sells.

I dont know whether you are aware of this, but the NMS for Manpower in around 1,000 shares. So anything above that, market makers can delay in displaying the trade for upto an hour hence by the time the trade is displayed the price may have moved and someone like you interpreting the trades wrongly.

SO all the trades you seem to think were sells were DELAYED buys which were delayed in displaying by upto an hour, and by that time the price had moved and hence you interpreting the trades as sells instead of buys. The key thing is to look at the TIME the trades were dealt and then work out what price it was at that time.