March Networks Share Discussion Threads

[sranmal] 26/1/2006 08:18

Many people may not be aware of the RNS because something appears to have gone wrong and the RNS put in the "RNS-NON" category, ie. RNS non-price sensitive, which it clearly isn't. I didn't receive notification of the RNS, only noticed it through lordcoco's comment.

Presume the mark-up this am is to get back on par with TSX, will have to wait till this pm to see what they make of the new conract win. Wasn't it the recent interview that stated that transport could be a very big field for them?

[lordcoco] 26/1/2006 07:43

Another contract win.

Rochester-genesee RTA look a reasonable size set up. Website here:

Good too see another win in transport too, very timely considering the upcoming conference.

[mitzis] 25/1/2006 19:30

I guess so lasata.....wont be long before we make $40.

[lasata] 25/1/2006 10:20

Mitzis: Must have been reading my posts!

[mitzis] 25/1/2006 09:15

My target remains £20 to £25 a share year end or $40 TSX approx.

[bangor] 25/1/2006 08:55

Wow - that is some recovery in share price over the last few days. Glad I didn't use a stop loss. Blue sky now.

[milesy] 25/1/2006 07:44

Last night's TSX close CDN$34.70 = £16.89...

[lasata] 24/1/2006 09:14

£20 target possible in London

[mitzis] 23/1/2006 18:52

Just seen the Toronto price.... up 5%..almost $35.

[lasata] 23/1/2006 18:48

$40 target in Toronto now valid.

[mitzis] 20/1/2006 20:45

Yep its $33 at the moment or 3% following last nights 8% rise.

[milesy] 20/1/2006 12:31

Still a little shy of the TSX close $31.95 = £15.60.

[mitzis] 19/1/2006 19:00

Up 8% in Toronto..!

[sranmal] 19/1/2006 18:40

Usually, this would be a concern, but as it gets more and more large customers, it's dependence on Wal-Mart will decrease. Also, Wal-Mart is only 15% deployed in North America and not at all internationally. IMO, the benefits of this dependence outweigh the disbenefits.

[william63] 19/1/2006 18:11

Sold 3400 yesterday at £13.65! I paid £13.50 for them. Didn't want to go into a loss position! We live and learn! Was hoping it was going to fall to £10 to allow me to get back in lower!
Still have 7100 which I paid less than £7 for so can't complain!
Great company just concerned so much of it's business is with one customer!

[lasata] 19/1/2006 17:57

Getting a target of $40 in Toronto now. what does that equate to in £?

[lordcoco] 19/1/2006 15:59

Am I reading it wrong or is the Nesbitt target for 2008??

[mitzis] 19/1/2006 15:54

Great news and now to 1800p..and watch out for the rebound in Toronto.

[lasata] 19/1/2006 15:51

Targets over £18 now.

[lordcoco] 19/1/2006 15:35

Not just a bounce:

Nesbit

Still Early Days in the DVR Upgrade Cycle: Target Price Raised to $38 Event We are raising our price target price to $38 (from $33 previously), as we arenow valuing March Networks based on our calendar 2007 EPS estimate (versusur fiscal 2007 estimate previously). o Impact Slightly positive. Forecasts We are maintaining our EPS forecasts of $0.87 and $1.09 for fiscal 2006 and007, respectively. We are introducing our 2008 estimate of $1.32. 2 Valuation Our $38 price target reflects a P/E of 30x applied to our calendar 2007 estimateof $1.27. We are assuming essentially no multiple expansion, as March sharesurrently trade at 29x our calendar 2006 estimate. c Recommendation March's revenue growth of 106% in the first half of the year is evidence of the strong market demand for digital video surveillance solutions and thecompetitive success of March's product portfolio. While we expect growth toslow from current levels, we believe there continues to be substantialopportunity within the company's targeted vertical markets-and expect this to be augmented through the launch of new hardware and software solutions,March's entry into new geographies and through acquisitions. We areaintaining our Outperform rating.

[lordcoco] 19/1/2006 13:39

In a sea of average/poor results and forecasts good to see two of March's clients post good figures today, Wachovia and UPS. At least they'll be able to pay March! :O)

[mitzis] 19/1/2006 10:40

Looks like it huntie now the panic is over in Japan...

[huntie2] 19/1/2006 09:37

hopefully things will stabilise from here on now, and we thenmove forward again.

[lordcoco] 18/1/2006 14:35

Last trade gone through @ $29.88 - not bad!