Manpower Software Share Discussion Threads

[cockneyrebel] 16/7/2003 15:59

Widemouthfrog - who says the results are delayed?

it may be they were just early last year - it may be they have a lot more money to count this year :-)

Bit of a longer wait but should be well worth it imo.

CR

[robward] 16/7/2003 15:27

'R' Riskless Principal transaction at different Price
A riskless principal transaction with two non members, where the two transactions are executed at different prices or on different terms (this requires two separate trade reports). This happens often on a trade where commission is not charged. Instead of paying commission, the client will pay extra for their shares

For your information

[widemouthfrog] 16/7/2003 15:16

any cause for concern re delayed results?
wondering if today's seller thought so?

[robward] 16/7/2003 13:55

Hi All especially Felix !!!
Felix, r u still holding all your stock, I still have my 100,000 and am glad I didnt sell when down to 5p, as we have always said, they have an excellent product, just need to open new markets, which they are now doing. It is difficult to put a value on the company til they make a profit, hence earnings per share !!!! The beauty of this company is that costs are relatively fixed so new contracts more or less filter to bottom line. I think we need on-going revenues of at least 5m to become profitable.
I am a little miffed at the expected announcement of results in mid September as I thought results were always announced within 3 months of Y/E......no I'm not going to email the company as I find they generally dont give out much info.
As those of you who know me will know, I am not one to speculate or ramp but I do think that MNS are too small to go alone and potentially may become a takeover target for a larger group, however, I have no idea of whom that may be, just my thoughts.
Best Wishes to you all

Rob Ward

[robward] 16/7/2003 13:55

P.S
Currently have 8 jobs on website, good sign for growth of company

[widemouthfrog] 16/7/2003 13:43

email received today from manpower software in response to enquiry:

"
Thank you for your enquiry.

1. The estimated date for our results is mid-September.

2. There will be an RNS announcement of the results.

Please do not hesitate to contact us if we can be of further assistance.
Nigel Smith
Marketing Manager

Manpower Software plc
The Communications Building
48 Leicester Square
London WC2B 7DH
UK

T [phone]
F [phone]
E [e-mail]
W www.manpowersoftware.com
"

[cockneyrebel] 16/7/2003 11:21

That's the date of last year's - you need to ring the co to see if its the same or whether they have a date yet.

Looking forward to them :-)

CR

[widemouthfrog] 16/7/2003 11:05

made myself a note that results are due 8 august.
can anyone confirm this please?

[felix99] 06/7/2003 20:55

ON paper yes D but then it means diddly squat till he can sell it.

Doing very nicely but remember the Chairman / MD underwrote the last rights issue at 13p odd and it didn;t exactly got to plan initially at least - although it seems to be turning better now.

[cockneyrebel] 04/7/2003 13:29

flying today - results in a month - was expecting the T traders but not just yet.

Chairman's done well out of his recent buy of 1m hasn't he.

CR

[shiny000] 30/6/2003 11:23

Everyone's allowed a bad day at the "office", I've had many!

[widemouthfrog] 30/6/2003 11:02

thanks TNT.
shiny - please filter me!

[shiny000] 30/6/2003 10:59

wmf, no problem!

[widemouthfrog] 30/6/2003 10:54

shiny - wish i hadn't posted that - comdirect now showing 1 trade at £4.3k...
best if someone with l2 puts us straight!
apologies for misinformation. nice to see rise anyway.

[shiny000] 30/6/2003 10:34

wmf, Thanks for that

[widemouthfrog] 30/6/2003 10:30

8 trades & £205k suggested on comdirect

[shiny000] 30/6/2003 10:26

+10% yet no trades. Who know what I wonder?

[ed winchester] 28/6/2003 00:23

ummm... two 500,000 buys. someone taken on another wedge of stock hence removing a potential over hang.

[felix99] 27/6/2003 22:05

He will have just paid a fee through his broker to the MM no doubt. Also whilst you can transfer using a stock transfer form if it is from husband to wife or something ( where there is no tax implications ) I suspect he will be putting them into a tax shelter.

He therefore needs to crystallise the gain or loss on the transfer for tax purposes and also to establish the price of the shares going into the wrapper perhaps.If he did not do it thru the mkt he would have to get the shares valued for revenue purposes and argue the toss on whether 500k should go through at a discount to mkt price etcetc etc. Much easy to do it through the mkt like he has done.

apart from that looking rather good .

Not a bad day for me tiddlers MNS, ONT, OXS, CRU especially .Results next week on CRU could make interesting reading .Judging by the trades today looks like they should be as good as I expect.

6.3% divi NAV should be 53-55p maybe. Am expecting pre tax profits to be nearer £2m ( broker forecast £1.5M) solid balance sheet and perhaps even a divi increase eventhough its yielding 6.3% .Was about 7% not to long ago Dundoe - hope you picke dup a few!

[ed winchester] 27/6/2003 17:08

honiton

i agree, but I understand in the chairmans case he decided to deal through market makers (hence the trades showing up on the screen). he must have incurred brokerage costs and stamp duty. Market makers didnt charge a premium in this trade (usually in such a 'rollover' type transaction the market makers takes his 'cut').

[honiton] 27/6/2003 17:05

Forgot to add.

Cost of doing this is about 50p for the form from a leagl stationers and a stamp.

NB

[honiton] 27/6/2003 17:04

You don't need to use a market maker to sell and buy again.

simply complete a share transfer form, pay the stamp duty if applicable, and send it to the registrars. No need to incur brokerage fees.

In fact, anybody can do this as a mechanism to trade shares but it helps if they are in certficated form.

NB

[ed winchester] 27/6/2003 16:30

nice of the market makers to allow him to sell and buy back at the same price.

[cockneyrebel] 27/6/2003 15:29

two 500K trades was the Chairman moving 500K into his pension - RNS just out.

CR