Manpower Software Share Discussion Threads

[jakleeds] 22/5/2008 09:29

Another contract and another tick up. Patience will be rewarded :-)

[davemac3] 19/5/2008 19:26

Nice chunky buy there, is this starting to turn?

[davemac3] 08/4/2008 21:20

Big late buy today, surprised these aren't higher after the recent statement


LONDON (Thomson Financial) - Manpower Software Plc. said it expects turnover for the full-year to end-May 2008 to be slightly ahead of previous expectations, due to new contract wins in the second half. Manpower added that operational gearing of the business is such that it expects the impact on full-year profit to be more material.

[robward] 07/4/2008 06:29

Morning All
A very interesting little Acquisition. I think its another foot in the door to another 90 Trusts...all bodes well for the future.

Regards

Rob

[njp] 04/4/2008 18:57

Likewise you with MNS, Rob. As you know, I was invested here, but didn't think an on target performance would sustain the price in these uncertain times. I donn't at first glance see next year's target of 3.7p as very impressive either, but admit I haven't looked at things too closely. The company's doing well and going places, but it just feels to me that it's all in the price for now.

I note your point on operational gearing. I had hoped, maybe unrealistically, that it might kick in more for 08. Anyway, all the best, and I'll continue to monitor the company.

[robward] 04/4/2008 10:56

Hi NJP
I agree with your comments about there being plenty of sound growth companies on low p/e's. I wish you well with RCG but I'm only here to pass my thoughts on Manpower. They are highly operationally geared and hense only need a 15-20% increase in turnover to achieve a 30-40% increase in eps. For y/e May 07 they turned over 8.3m to give 2.2p of earnings. For y/e May 08 turnover will be approx 10.8m to give 3.3p of earnings. Admittedly it took a 30% increase in turnover to achieve 50% increase in eps for 07 to 08 but I think the gearing will kick in more noticably to y/e 09. Turnover will be 13m approx an increase of 22% but eps could be 5p an increase of 50% on 08. Anyway, these are just my thoughts, I am bias as I'm a long-term holder. Each to their own. Like I say, good luck with RCG.

Regards

Rob

[njp] 04/4/2008 09:30

Unfortunately, there's many a good, sound growth company around on p/es of 8 or less. One I hold (RCG) is on a p/e of little more than 4 despite holding more than 25% of its market cap in cash. On that basis, a CY p/e in the teens is not cheap.

[robward] 04/4/2008 07:58

Hi All
Well I have to admit I was a little nervous when I saw the "Trading Update" before I read it. After the steady decline in the share price I thought perhaps a profit-warning was on the cards. Although Manpower have been announcing plenty of Contracts, they have increased their workfore, hense costs considerably. Anyway, I can now sleep easy again and hopefully after this stock overhang has been cleared it will be onwards and upwards for the share price.

Regards

Rob Ward

[felix99] 10/3/2008 19:25

yup and sadly if you announce when the chief exec farts every day - you kind of get immune to the effect after a bit :-)

[littleweed] 10/3/2008 15:22

Not really with 3.7p/share for 2009 it's probably fairly valued

[woody6] 10/3/2008 14:59

all this news is going over everybody`s heads

[jakleeds] 10/3/2008 07:19

And another...

[robward] 04/3/2008 16:24

Hi Cesar
Its not that fustrating because with the current forecasts the share price is up with events. MNS are forecast todo 3p for y/e May 2008 and the 3.7p for y/e May 2009. Once this May is out the way and the Market starts to look forward to 2009 the shares will be re-rated (assuming the business still continues apace)

As you know I'm a long-term holder and am happy to hold for a few more years yet....if the U.S Healthcare side and N.A.T.O individual countries start to adopt M.A.P.S then this price may well look very silly.

See you soon I expect

Rob

[3ros] 04/3/2008 13:48

Must be a little fustrating for you guys (Robward) - Manpower seems to win a contract every 3 days and is tipped everywhere and the dammed share hardly moves up!! Regards
Ces

[robward] 03/3/2008 16:05

A little more information

LONDON, March 3 /PRNewswire/ -- Manpower Software plc, a leading provider of
workforce optimisation and
electronic rostering solutions, and PricewaterhouseCoopers (PwC), are
delighted to announce the formation of a strategic alliance to deliver the
benefits from implementing Manpower Software's MAPS Healthroster solution in
the UK NHS.



The combined strength of PwC's NHS consultancy division and Manpower
Software's market leading position in staff rostering will assist trusts to a
speedy realisation of the benefits this electronic duty rostering solution
can provide. PwC will provide a range of services in conjunction with the
overall implementation of MAPS Healthroster, to help trusts realise the
benefits from effective rostering of staff.



Brian Pomering, Partner at PricewaterhouseCoopers commented:

"We are excited by the opportunity to work with both Manpower Software
and their existing and future customers to deliver the clear quality and
financial benefits from effective utilisation of staff to meet clinical
demands. Staff costs represent the majority of expenditure for most Trusts
and improving their utilisation is key to achieving financial balance. Our
existing experience within the NHS has demonstrated the value staff rostering
software such as MAPS Healthroster can deliver. Allied with our 'making
change stick' approach we can embed top-quality change management - with the
intention of the change being sustainable after we have gone - at the heart
of every project that we support. This helps to ensure the rapid realisation
of benefits by NHS Trusts."



PwC are working with a large number of Trusts within the NHS and have
been successfully involved in helping improve the quality of health care
delivered and the financial position of many of these organisations.



Paul Scandrett, Head of Healthcare at Manpower Software, welcomed the
alliance and said:



"We view the relationship with PwC as a key stage in the development of
our Healthcare business. In the first instance it is a reflection of our
standing in the marketplace and the credibility we have developed. More
importantly, the excellent reputation of PwC for delivering results in trusts
allied to our products and services provides a strong foundation for
increased growth and the realisation of benefits by trusts. PwC's experience
in other sectors of the NHS such as PCTs will also enable expansion to areas
that are not currently receiving our focus".



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 Health, MAPS Defence and MAPS Maritime Suites and are used by
some of the world's 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 it supports its
international client base in Europe, USA and Australia.



For additional information please visit our website at




Manpower Software plc enquiries:
Paul Scandrett - Head of Healthcare
Tel: [phone]
[e-mail]

Ciara Matthews - Marketing Manager
Tel: [phone]
[e-mail]

PricewaterhouseCoopers LLP enquiries:
Brian Pomering - Health Team Partner
Tel: [phone]

[n1blet] 03/3/2008 10:18

Great news on the USA health dev's rob, thanks for that.

[jakleeds] 26/2/2008 08:11

Another contract. Almost getting bored of saying it

[jakleeds] 22/2/2008 10:20

From the IC


Manpower invests for the future
Created: 11 February 2008 Written by: Nigel Bolitho
Software companies have certain decisions to make. Should they capitalise development work or not? Should they opt for the safe but unexciting route of maximising retained income? Or should they go for licence income with retained revenue to follow?

Advertising


Manpower Software is going for the licence income route. In the latest half-year, margins have been squeezed by an extra £1m spent on sales expenses and more on marketing to the NHS. Manpower provides rostering software for the maritime, military and healthcare industries and has found success in healthcare. In December 2004, the company had one NHS client. By May 2006, it had seven, a year later 16, and now it has 31 with a target arena of 200 trusts. A turnover breakdown shows that in the latest half year licence income was up £353,000 to £2.48m, while service revenue rose by over £900,000 to £2.85m.

The company's "linearity of licence revenues" is designed to produce rising revenues to keep City analysts happy and broker Numis forecasts end-May sales up from £8.3m to £10.8m and profits £400,000 higher at £1.4m.


MANPOWER SOFTWARE (MNS)

ORD PRICE: 57.9p MARKET VALUE: £25.9m
TOUCH: 56-58p 12-MONTH HIGH: 84p LOW: 33.25p
DIVIDEND YIELD: nil PE RATIO: 24
NET ASSET VALUE: 6p NET CASH: £2.66m



Half-year to 30 Nov Revenue (£m) Pre-tax profit (£000) Earnings per share (p) Dividend per share (p)
2006 4.05 554 1.25 nil
2007 5.33 612 1.38 nil
% change +32 +10 +10 –



TIP UPDATE
Buy

This forecast suggests a prospective PE ratio of 20. That's good value for a company that's making big inroads into the NHS. The shares remain a buy.

Last IC view: Buy, 64p, 3 Aug 2007.

[jakleeds] 21/2/2008 08:05

Another award, and plenty more yet to come I suspect.

[robward] 20/2/2008 06:45

Morning All
Nice little announcement, which bodes well for the future.

LONDON, February 20 /PRNewswire/ -- Manpower Software plc, the leading
provider of workforce optimization and
scheduling solutions, and Affiliated Computer Services, Inc. (ACS), a global
provider of business process outsourcing, information technology, and
consulting solutions, today announced a strategic partnership to deliver
Manpower Software's market-leading MAPS Health Suite, a workforce
optimization and scheduling solution, to the U.S. healthcare market. Under
the agreement, ACS Healthcare Solutions (ACS HCS) will also serve as Manpower
Software's systems integrator in the United States.



Manpower Software plc CEO, Ian Bowles, commented:

"We are delighted that our expertise and application capability has been
recognized by ACS-a major player in the global healthcare market. Our new
strategic partnership with ACS will enable U.S. healthcare facilities to
benefit significantly from the deployment of our proven applications, which
deliver significant cost savings and improved clinical care. The partnership
will enable Manpower Software to increase its market penetration in the
United States. At the same time, it will help further expand ACS' breadth of
flexible, reliable services and solutions for the U.S. healthcare market by
adding a solution specifically designed for clinical workforce optimization
and scheduling within healthcare facilities. We look forward to a long and
mutually beneficial relationship with ACS."



Manpower Software's proven MAPS Health Suite, which has been successfully
deployed in numerous healthcare facilities in the United Kingdom, enables
managers to quickly build their schedules, define the number of staff needed
to meet the demand, and reduce scheduling errors, which, in turn, provide
improved patient care and significant cost savings. In addition, the solution
helps efficiently manage staff to ensure they are in the right place, at the
right time.



"ACS is pleased to be teaming with Manpower Software to provide
this state-of-the-art workforce optimization and scheduling solution to our
healthcare clients worldwide," said Charles O. Bracken, Managing Director,
ACS Healthcare Solutions. "We believe that by offering the MAPS Health Suite,
we will enable U.S. healthcare organizations to increase their
scheduling efficiency, reduce costs, and improve patient care."



ACS Healthcare Solutions will be exhibiting at the HIMSS08 Annual
Conference & Exhibition, February 24-28, at the Orange County Convention
Center in Orlando, Florida. Learn more about ACS Healthcare Solutions at
booth #4863.



ACS, a global FORTUNE 500 company with 62,000 people supporting client
operations reaching more than 100 countries, provides business process
outsourcing and information technology solutions to world-class commercial
and government clients. The company's Class A common stock trades on the New
York Stock Exchange under the symbol "ACS." Learn more about ACS at




About Manpower Software

Manpower Software was founded in 1991 and quickly established itself as a
leading provider of workforce optimization 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 Health, MAPS Defense and MAPS Maritime Suites and are used by
some of the world's largest and most complex organizations to manage their
workforce more effectively, making sure the right people, are in the right
place, at the right time

[3ros] 18/2/2008 16:28

Ok mate - learn't my lesson!!!!

[robward] 18/2/2008 09:20

HeHe
O.K Ces
Defo no junk mail on this thread please !!!

Regards

Rob

[3ros] 18/2/2008 09:08

Hi Rob Ward

New Alias New Start!!! no more ramping!!!!!

Ces

[n1blet] 14/2/2008 11:49

wow this one's quite.