March Networks Share Discussion Threads

[sranmal] 01/3/2006 17:29

£25.20

[mitzis] 01/3/2006 09:58

What does $50 equate to in Sterling ..about 24 pounds..?

[lordcoco] 28/2/2006 22:29

Could explain the large trades going through recently. I seem to remember a similar bout of large trades prior to the last results. What I don't understand is why, on some days regardless of activity on TSX, small trades can move the price a couple of % or more and yet from time to time what looks like huge buys go through without a flicker - odd.

[sranmal] 28/2/2006 21:23

Not AFAIA.

Following is more of what we want to see:



Analysts at Westwind initiate coverage of March Networks (ticker: MN.T) with "Buy". The initial target price is set to C$50 Target.

[milesy] 28/2/2006 11:28

Do I recall Sir Terry saying at some point that they would engage in share buy backs?

[lordcoco] 28/2/2006 10:54

I think they had 25k yesterday and 25k on friday too.

[milesy] 28/2/2006 10:44

Looks like some fundy likes the look of MNW at the current price with a £400k buy.

[mitzis] 28/2/2006 10:07

Morning I notice our big buyer has returned to day to mop up stock.

[mitzis] 24/2/2006 19:19

Orion have an initial $42 target does this mean that they may increase their target in the near future..

[sranmal] 24/2/2006 17:00

Analysts at Orion initiate coverage of March Networks (ticker: MN.T) with "Overweight". The initial target price is set to C$42 Target.

Frpm Stockhouse BB:

We therefore recommend that investors purchase shares in March Networks
with a $42.00 target. The valuation is admittedly high, and there is a chance
that the next two quarters may be more or less flat from Q2 levels of just
under $20 million in revenue, but this is a company that reminds us of RIM
and Newbridge in their early days...and those do not come along very often.

Hmmmm.....are MNW going to spil their record of nine consecutive quarters of double-digit revenue growth??

[mitzis] 20/2/2006 18:37

Touched $39 early opening so not long before it is $40.

[sranmal] 18/2/2006 10:54

New broker initiating coverage:



NEW YORK, February 14 (newratings.com) - Analysts at CIBC initiate coverage of March Networks (ticker: MN.T) with "Sector Perf". The initial target price is set to C$40 Target.

[mitzis] 17/2/2006 20:18

Currently $38 a share on the Toronto market...the rebound is definetely on.

[lordcoco] 17/2/2006 09:18

I do, I've had the same problem. I'd like to make some of the posters there aware of the thread here as they do come up with some good info, not sure about slob though - could do without all the chest beating.

[sranmal] 17/2/2006 09:14

The Verint comment was just sector comparison.

re. the Wood Gundy note - emailsolb on the Stockhouse BB says he'll mail a copy if you mail his inbox. I registered on Stockhouse but never received my activation code so can't logon! Link is here if you want a go (you may go on it already):

[lordcoco] 16/2/2006 19:59

Thanks sranmal, great last para!

What's the relationship with Verint re the above or were they just commenting on competition?

Apparently someone called Wood Gundy has started coverage with a target of $40. Big report, anyone have access?

According to ADVFN Verint are on a PE of 44 and a m/cap of £1.2bn.

[sranmal] 16/2/2006 18:45

Just seen the latest broker note from Wellington West. Some items of interest:

- March is discussing international deployment with its largest customer (Wal-Mart).

- WW believe March is close to winning a rapidly expanding, Quebec-HQ'ed retail chain contract.

- March are bidding on all the high profile video surveillance opportunities in the sector. They are in trials with approx 20 high profile customers, although these take 18-24 months as opposed to usual 6-12 months in banking and retail sectors.

- WW belive MNW may be involved in trials in the police car market.

- Wabtec supplies to locos worldwide and Union Pacific contract win with Wabtec will throw up more international opportunities. Also, Wabtec relationship may throw up major metro transit opportunities (eg. NY City transport) which may see MNW's stock rise strongly.

- Verint is seeing big increases in network video solutions in the transport sector and has a number of big contracts around the world, eg. London Undergorund, King's Cross Station.

- March is looking at S/W acquistions. Not really looking at H/W acquisition unless it offers a strong customer list or entry into a new geography. See S/W sales growing to 50% of sales from current 5%, offsetting margin decline in H/W.

WW state: A channel partner who has just completed a March installation at a small regional US bank told us that "March's offering was so far ahead of the competition that the only way the Company would lose a financial services bid was if it did not compete for the business"

[mitzis] 15/2/2006 10:03

Only a matter of time before 2000p is finally broken..

[sranmal] 14/2/2006 22:56

Yep, closed at £18.34 mid.

[lordcoco] 14/2/2006 17:36

TSX chart looking quite good for tomorrow :O) !!

[lordcoco] 14/2/2006 13:40

With reference to Mitel, is this what TM was banging on about when he gave a little speach a while back during an MNW presentation about how the advent of broadband connectivity was changing the face of many business' and throwing up new opportunities?

Don't know much about Mitel so the synergy is not immediately apparent to me but worth a look.

So is Woolworths the new Wal-Mart, or is it both?

[sranmal] 14/2/2006 13:27

Nice article, with hints of more excitement to come. Added link to header.

[lordcoco] 14/2/2006 13:11

Another article well worth reading:



Some snippets:

"According to a Forbes article in May 2001, Matthews was planning to merge Mitel and March Networks. That hasn't happened and today he is non-committal on the prospect. When I reminded him of the Forbes article he replied "timing is everything." Was a merger still on the cards? "It might be."

--

"In the US, the retail industry accounts for $US2.8 trillion sales," Matthews says. "But margins are very thin. Bottom line is only $US19 billion that's less than one percent. And here is the real shocker. Shrinkage [theft] is $US34 billion...Every dollar saved on shrinkage goes straight to the bottom line."

Well retailers have been trying to cut shrinkage for years with lmited success. But Matthews is nothing if not ambitious. "If I could reduce shrinkage by 50 percent, that has a massive impact on the retailer."

He reckons video surveillance integrated with other systems will have a big role to play: video at the point of sale, with archival footage for each transaction retrievable using the information on sales docket, video on entries and exits. "The retailers that are putting this in make a three of four month payback," he claims.

--

"March Networks is hardly a household name in Australia, but that could be about to change. Matthews is full of hints about big distribution deals and big sales, and they all point in one direction."

[mitzis] 13/2/2006 19:04

Brown to increase spend on security in UK..