Manpower Software Share Discussion Threads

[n1blet] 08/2/2008 21:25

Thanks Rob, I agree.

They have just started their growth curve, (300% H1) into the healthcare market and it's huge. There product is clearily passed the competance hurdles, and deliverability on costs and profit for both the customer and Manpower.

They are fairly recession proof, given the nature of the markets they serve. So with any luck they will start to establish a much larger base, as they are still very small.

So like Rob it's patience and despite the mkt's I am buying steadily again.

Cheers.

[robward] 08/2/2008 18:14

Hi Giddygoat
Your figures are correct but I would mention that they are Consensus figures. As you are probably aware Numis Securities are now the House Broker to Manpower and their figures are 3p for y/e 08 and 3.7p for y/e 09. Bearing in mind Manpower made 2.2p for y/e 07 these are pretty impressive growth forecasts. I think its too early to have an accurate forecast for 2010...but I have done alot of Research into Manpower and the length of contracts within the Health Service and I have found that the contracts are for 5 years so with every Trust signed up comes years of service revenue...currently 31 Trusts.
They are still on a PEG of under 1.

I could go on for hours but i wont...but I will say that Manpower have an excellent management team and massive target markets and excellent products.

Regards

Rob Ward

[giddygoat] 06/2/2008 20:57

Digital Look shows f/casts of 2.9p / 3.4p and 3.9p for May 08,09,10 respectively. So not cheap on P/E.

However must be a positive that MNS already confident of meeting this yr's forecast.

[n1blet] 06/2/2008 12:53

The H1 results, suggest ........+?

They have turned cash positive @ the H1 stage, despite fairly flat sales as they await the health element to kick in, which it now appears tobe doing.

Appears to be room for dissappointment looking backwards but I for one am feeling a lot more positive, that they are now gaining M.

Revenue
...........30 November .. 30 November ..31 May
.............. 2007 .... 2006 .... 2007
............. £'000 .... £'000 .... £'000

.............. H1 ... H1 ... H2
Licences .... 2,476 2,123 3,787 --- growth & >>>>
Services .... 2,849 1,930 4,519 --- 40% GROWTH recurring
.............. --------- -------- --------
............. 5,325 4,053 8,306


Defence .....1,296 2,229 3,861 --- big contracts
Healthcare . 2,934 1,081 2,454 --- 300% GROWTH recurring
Maritime ... 1,095 743 1,991 --- - steady

............... --------- -------- --------
............ 5,325 4,053 8,306


With their popularity in the NHS growing, one wonders about the USA link. I bet they are wondering how to play that end, without disappearing into another monster business.


One thing for sure they have some very cycle resistent markets, the military, even the French, and health services. When are the doctors, (remember the junior doc crisis) going to join the nurses and use the product?????

Unless I am totally wrong they are on a Pp/e of 11 for next year as a conservative est, thats pretty cheap, and they haven't fallen out of bed despite very nervous mkt conditions. So we shall see. I have been buying and I suspect what ever happens the underlying business can now start to grow pretty fast. Whether they will break above the mid 80's is another matter, we will have to see how the momentumn of sales go and what world wide health & military markets do for them.

[njp] 06/2/2008 08:13

Not good enough value in current market conditions I'm afraid. Out at 61p but very much on the monitor.

[jakleeds] 04/2/2008 18:20

Interesting that they are announcing all these contracts with the results due this week. I wonder if they will have any news with the results.

[woody6] 04/2/2008 11:35

really really good

[jakleeds] 04/2/2008 08:08

And another....

[woody6] 31/1/2008 16:49

more excellent news. In a better market these would be motoring imo.

[jakleeds] 31/1/2008 08:32

And another contract award...

[jakleeds] 30/1/2008 21:54

Results next week.

[robward] 24/1/2008 06:34

Hi BB
I have actually posted earlier on this thread the value of these contracts. Generally the value is ,of course, related to the number of employees of the Trust. The contract is generally for 5 years, which provides for good forward revenue visibilty. I tend to look at the overall picture with Manpower. They have an excellent product which has massive potential across many sectors and I will be holding for many years yet !!!

Regards

Rob Ward

[bostonborn] 22/1/2008 17:43

Hi robward
Another contract announcement, but what's it worth; could you hazard a guess? My own guess might be say £300,000 to £500,000 of turnover per 3 years per NHS Trust; but am I any where close? Any help would be appreciated. Ball park figures would do.

[bostonborn] 18/1/2008 07:49

Another contract announcement which is good news however there is never any idea given of contract amounts of £ involved. Does anyone have any ideas on this. From the number of announcements during the last few months turnover and we hope profits should have increased considerably on a like for like basis; does anyone have any reliable predictions for the eps etc?

[westmoreland lad] 05/1/2008 01:08

woody6 -- YES

We are not yet on the radar screens -- this and 2 others are the
only stocks i hold outside oil+e / mining -- tell u ought ?

[woody6] 04/1/2008 12:25

Is this rise passing the pi`s by?

[the shuffle man] 04/1/2008 10:45

and another contract announced and we are only in the first week of 2008.

Lets hope this momentum continues. This share is my pick for 2008.

[woody6] 03/1/2008 12:15

good news again today.

[giddygoat] 21/12/2007 00:01

A snipet from todays AGM

Commenting on the business, Chief Executive Ian Bowles said:

"Manpower Software plc continues to make good progress in line with its stated
strategy. We continue to see healthy demand for our products and services
across our markets and, therefore, the outlook for the fiscal year remains
positive. The interim results will be announced during the first week of
February 2008. The Board's outlook for the fiscal year's revenue and profit
remains unchanged."

[robward] 13/12/2007 17:48

Just a little extension but it all helps

Press Release
NATO Special Forces Coordination Center (NSCC) extends contract with Manpower Software plc
London – December 13th, 2007: Manpower Software plc, the leading provider of workforce optimisation solutions, is pleased to announce that NATO’s operational military headquarters, known as Supreme Headquarters Allied Powers Europe (SHAPE) have extended their contract and invested in additional licenses of MAPS Defence Suite.
NATO’s Special Forces Coordination Center (NSCC) based in Mons, Belgium enable and support NATO Special Operations across the Alliance and provide the focal point for NATO Special Operations expertise to SACEUR and ACO (Allied Command Operations). The NSCC will be the centre of all Special Operations Forces (SOF) doctrine, planning, training and force generation within NATO. It is designed to ensure that Special Forces from all NATO nations use the same operational processes for command and control, logistics and intelligence while conducting operations. Multinational forces such as the NATO International Security Assistance Force (ISAF) in Afghanistan are coordinated by SHAPE and Special Forces from 26 nations will use the Center, under the current leadership of an American two star Admiral.
MAPS Defence Suite is the world's most complete capability management solution, for deployment and planning in use by numerous international military customers, including the UK Army, RAF, Royal Fleet Auxiliary and the Royal Australian Navy. It is tailored to meet the challenges of today’s expeditionary operations enabling better long term planning, increased efficiencies on national assets and provide a holistic view in order to meet requirements with the most suitable and available capability.
LT COL Sebastian Brust (NLD SF), NATO Special Forces Future Concepts Planner commented:
“Speed, accuracy and surgical precision are of paramount importance for operations by Special Forces. A solution which can fulfill these key requirements for Headquarters Officers during planning, preparation and force generation, I would support and use it to its full capability and be constantly unbeatable in the OODA-loop (planning cycle).”
Manpower Software plc Enquiries:
Clive Jecks
Account Director - Defence
Tel: [phone]
[e-mail]
Ciara Matthews
Corporate Marketing Manager
Tel: [phone]
[e-mail]
About Manpower Software
Manpower Software was founded in 1991 and quickly established itself as a leading provider of workforce optimisation solutions, with a reputation for delivering high quality products and services. Manpower Software focuses on helping companies manage their staff resources and control operational costs through effective workforce planning, scheduling and analysis. The solutions comprise: MAPS Healthcare, MAPS Defence and MAPS Maritime Suites and are used by some of the worlds largest and most complex organisations to manage their workforce more effectively, making sure the right people, are in the right place, at the right time. Manpower Software is headquartered in London and has an overseas office in the US. From these locations Manpower supports its international client base in Europe, USA and Australia.
For additional information please visit our website at www.manpowersoftware.com

Regards

Rob

[giddygoat] 04/12/2007 21:26

Wow! Rob - Many thanks for your continued posts on this thread. This one looks a belter.

Currently on 27 NHS Trusts, MNS one of 2 preferred suppliers for 21 Trusts in East Midlands. Could be very big.

N1blet - still unsure & prepared to wait a little longer?

[robward] 04/12/2007 11:50

Dear All
Another interesting find....

LONDON, December 4 /PRNewswire/ -- Manpower Software plc, a leading provider
of workforce optimisation and
e-rostering solutions, is pleased to announce their selection as one of two
preferred suppliers by the re:source Procurement Hub. As part of the NHS
re:source Procurement Hub, twenty one NHS Trusts in the East Midlands region
will have the option to purchase Manpower Software's sophisticated MAPS
Healthroster Solution without the need to go through further procurement and
contract negotiation processes.



Maninder Dulku, Purchasing Manager for HR, NHS re:source
Procurement Hub commented:



"Over a period of nine months we went through an extremely
competitive and rigorous tender process with a total of seventeen e-rostering
suppliers. We choose Manpower Software plc based on the following key
attributes: 'best of breed' solution, experience, reputation and
implementation methodology".



NHS Trusts recognise the complexities in the manual
administration of staff rosters and can see how e-rostering solutions can
efficiently manage staff to be in the right place, at the right time.
Manpower Software's MAPS Healthroster Solution enables manager's to quickly
build their rosters, defining the number of staff required to meet the
required demand, in turn providing improved patient care and significant cost
savings.



Commenting on the announcement, Paul Scandrett, Manpower
Software's Healthcare Sales Director said: "We are delighted to have been
selected by the re:source Procurement Hub in the East Midlands region. We
have gained a strong reputation over the years for our ability to deliver a
world class e-rostering solution that has been deployed in 27 NHS Trusts. We
have already signed a contract and are implementing MAPS Healthroster at
Derby Hospitals NHS Foundation Trust, and look forward to working with the
other Trusts in the East Midlands region"

All bodes well for the future

Regards

Rob Ward