Maxima Holdings Share Discussion Threads

[currypasty] 15/2/2006 14:44

"Operating profits and cash flow for the full year are expected to be in line
with expectations, although turnover may fall below forecasts as a result of
greater proportion of services work.

Maxima continues to consider early adoption of IFRS and will announce results
for the first half year, together with details of the interim dividend payment,
on 27 February 2006."


T10 time for a punt on good results ????

[currypasty] 13/2/2006 11:48

nice move up today, chart looking set for more to come

[moogies] 27/1/2006 16:55

Growth Company Investor has tipped MXM as a BUY today.

Article suggests possible forward EPS (May 06) of 15.8p putting the company on a forward PEr of 9.



Results soon?

M.

[moogies] 23/12/2005 10:45

Maxima Holdings PLC
23 December 2005


For immediate release 23 December 2005

Maxima Holdings plc

Half Year Trading Update

Maxima Holdings plc, the acquisitive AIM-listed provider of software and IT
solutions to the mid-market, announces an update on trading for the first half
year to 30 November 2005.

Maxima expects revenues and operating profit from continuing operations to be ahead of the comparable period in the previous year. The Azur for SAP division has won seven new clients, most notably a major SAP Business One development and implementation project for Otto Bock Healthcare Ltd, a leading manufacturer of prosthetics and orthotics. Azur Business Solutions and Minerva Industrial Systems continue to focus on servicing their substantial existing client bases.

The document management software company acquired in August 2005 has been fully
integrated with Azur Business Solutions, Maxima's "own-brand" software business.

It has been restored to profitability and is winning new clients again in
Financial Services, Healthcare and Local Government. Hanston, the Oracle managed services business we acquired in September 2005, continues to expand in-line with pre-acquisition budgets and has only been integrated at back-office level; it will continue to operate as a stand-alone business. Cross-selling opportunities have been identified across the client bases of the existing and new businesses.

Operating profits and cash flow for the full year are expected to be in line
with expectations, although turnover may fall below forecasts as a result of
greater proportion of services work.

Maxima continues to consider early adoption of IFRS and will announce results
for the first half year, together with details of the interim dividend payment,
on 27 February 2006.

Kelvin Harrison, Maxima's Chief Executive said:

"Whilst market conditions continue to be tough, Maxima is holding its own and
driving value from carefully targeted acquisitions. We are very pleased with the integration of the two businesses acquired during the period and the
opportunities for cross-selling these present. The software and IT services
market continues to consolidate and we have a healthy pipeline of further
acquisition opportunities."

For further information, please contact:

Maxima
Kelvin Harrison, Chief Executive 07801 380 616
Linda Andrews, Finance Director

Seymour Pierce
Mark Percy/John Depasquale 020 7107 8000

Smithfield
Sara Musgrave/Sarah Richardson 020 7360 4900

Print resolution images are available for the media to view and download from
www.vismedia.co.uk


Notes to editors:

Maxima Holdings floated on AIM on 24 November 2004 at an issue price of 110p,
and acquired Azur Holdings Ltd, an IT professional services group, on the same
day. Maxima was established to acquire companies or businesses supplying
computer software or services to specialist niche and vertical markets, with the
objective of building a focused IT services group. It brings together a
management team with skill, experience and incentive to deliver significant
shareholder value through a combination of acquisition and organic growth.

Maxima's first acquisition, Azur, implements and supports enterprise software
solutions for small and mid-sized, UK-based manufacturing, distribution and
service organisations. These solutions are built upon leading software suites,
such as SAP, as well as products developed in-house by Azur.

Ringwood Group plc, Maxima's second acquisition, has a suite of software
products that enable any organization to manage the content, publish, distribute
and archive any type of documentation. The products employ the latest
technologies and can be used over the internet. They are widely used in
organizations of all sizes in the private and public sector. They are
particularly valuable where regulatory compliance needs to be maintained and
demonstrated e.g. medical, financial, safety etc.

The latest acquisition, Hanston Technology Partners Limited, is a fast growing
managed services business providing applications support and IT consultancy
services to Oracle users. Many of these are in the public sector and include
organizations engaged in transportation, central government, telecommunications
and pharmaceuticals. The business puts Maxima firmly in the Oracle IT Services
market and complements the SAP skills already in the Group as part of Azur.

Ringwood and Hanston have both been integrated with Azur and the business now
has more than 180 staff, operating from 8 offices and serving over 500 clients,
many with multiple sites in the UK and internationally.




This information is provided by RNS
The company news service from the London Stock Exchange

[moogies] 07/12/2005 15:17

December 2005

Azur Business Solutions Announces Business Partnership with Relay for FiSh Document Management




M.

[currypasty] 25/11/2005 15:06

not many people interested in them !!!

[majka] 25/11/2005 15:04

The shares are not moving anywhere - why?

[currypasty] 16/11/2005 08:34

155 - 162, up 2.5

[currypasty] 07/11/2005 13:17

time to move back to 180 ?

[currypasty] 20/10/2005 09:24

RNS Number:9194S
Maxima Holdings PLC
20 October 2005


For immediate release Thursday, 20 October 2005


Maxima Holdings plc
AGM Statement & Directorate Change


The Annual General Meeting of Maxima Holdings plc ("Maxima"), the AIM listed
provider of software and IT solutions, was held in London today. All resolutions
were passed.

Trading continues to be in line with expectations and integration with the two
acquisitions is progressing well.

Mike Brooke, Non-Executive Chairman, announced the appointment of Linda Margaret
Andrews as Group Finance Director, following the resignation of Geoff Bicknell
with immediate effect. Geoff will continue as a consultant for Maxima advising
on acquisitions and development.

Linda has been with the business for more than five years and since 2001 has
been Finance Director of Azur Holdings, through which the majority of Maxima's
trade is carried out. She has most recently overseen the due diligence
activities and commercial integration of Maxima's acquisitions - Ringwood Group
Limited and Hanston Technology Partners Limited and played a major role in the
flotation of Maxima in 2004.

Linda, aged 38, is a member of the Institute of Chartered Accountants of
Scotland. Prior to joining Azur, she was a Vice President at Nycomed Amersham
and worked in various international IT implementation and financial roles at NCR
Corporation.

Mrs Andrews's current Director appointments include in addition to those
mentioned above: Azur Group Ltd, Minerva Industrial Systems plc, M2 Systems
Limited, Azur Business Solutions Limited, Ringwood Group Limited (and its
subsidiaries Ringwood Software Limited, Ringwood Inc. and Trove Software
Limited) and Hanston Technology Partners Limited. Mrs Andrews has held the
following other directorships in the past five years: XST Limited, MST Limited
and Minerva International Operations Limited.

There are no further details to be announced pursuant to Schedule 2(f) of the
AIM Rules. Linda currently has 597,569 shares in the Company.

Kelvin Harrison, Chief Executive of Maxima commented:

"The Directors welcome Linda Andrews to the Board, as we continue on our path of
consolidation within the fragmented IT services market. We also thank Geoff
Bicknell for his contribution to the creation of Maxima and are pleased he will
continue his support for the Company."

[nickoutt] 16/9/2005 08:24

I see £2.00 as next target

[currypasty] 16/9/2005 07:41

RNS Number:3547R
Maxima Holdings PLC
16 September 2005


Embargoed until 0715
16 September 2005

Maxima Holdings plc ("Maxima" or "the Company")

Acquisition of Hanston Technology Partners Limited and Placing

Maxima, the AIM listed provider of software and IT solutions, today announces
the acquisition of Hanston Technology Partners Limited ("Hanston") for a total
consideration of #8.75m. The acquisition is in line with Maxima's stated
consolidation strategy within the fragmented IT services market, and is the
third acquisition the Company has made since its IPO in November 2004.

The Board anticipates that the acquisition will be earnings enhancing in the
current financial year.

Hanston is a fast growing Oracle based managed services and consultancy
business, which has demonstrated average organic growth of 50% per annum for the
last four years. Headquartered in Reading, Hanston has 37 employees and a broad
base of 40 clients in the public and private sectors including major
transportation, central government, telecommunication and pharmaceutical
organizations. The acquisition will boost Maxima's presence in these markets and
allow the Company the opportunity to expand into the fast growing application
management outsourcing market with cross-selling opportunities. Hanston will
form the fourth business unit within Maxima.

Hanston had revenues of #3.5m in the year to 31 March 2005, 45% of which were
application management contracts, which fits well with Maxima's business model
of growing the business through a high proportion of recurring revenues.
Operating profit was #0.7m and net assets were #0.5m, including #0.5m of cash.

Consideration for the acquisition will be #8.75m, comprising #8.25m in cash and
#0.50m of Maxima ordinary shares ("Consideration Shares"). Funding for the
purchase will come from bank debt and the net proceeds of a placing, fully
underwritten by the Company's broker, Seymour Pierce.

The Company is also pleased to announce that to partially fund the acquisition
of Hanston, Seymour Pierce, as agent for the Company, has conditionally placed
3,030,303 new ordinary shares of 1p each in the Company ( "New Ordinary Shares")
at 165p per share to existing and new institutional shareholders. The New
Ordinary Shares and the Consideration Shares will, upon issue, rank pari passu
with the Company's existing issued ordinary shares of 1p each ("Ordinary
Shares"), including the right to the dividend of 1.5p payable on 7 November 2005
to shareholders on the register on 28 October 2005. Application has been made
for the New Ordinary Shares and the Consideration Shares to be admitted to
trading on AIM, and dealings are expected to commence on Thursday 22 September
2005. The vendors of Hanston have agreed not to sell the Consideration Shares
without permission of the Company's broker, Seymour Pierce, for at least 12
months from the date of completion of the acquisition.

Furthermore, to satisfy institutional demand, Seymour Pierce has conditionally
placed on behalf of an existing shareholder of Maxima, 794,002 Ordinary Shares
at 165p per share.

Kelvin Harrison, Maxima's Chief Executive said:

"I am delighted to announce the acquisition of Hanston, Maxima's third
acquisition since floating on AIM in November 2004. Hanston is a high growth and
high quality business with an impressive client list, which will strengthen our
presence in the Oracle IT services market. We are confident that Hanston is an
excellent fit within Maxima, and will enhance our opportunities for growing and
developing the business."

Gary Hurlstone, Commercial Director of Hanston, said:

"Hanston has had a very successful five years. This deal now gives Hanston a
tremendous opportunity to move to the next phase. As such, we are very pleased
to be part of the Maxima Group."

[crazi] 16/9/2005 07:40

Curry - you feeling a bit lonely on here?

That looks like a good aquisition and all done through a small placing so no additional stock overhang on the market....

[currypasty] 22/8/2005 08:47

19 August 2005

MAXIMA (MXM)




It's a case of so far, so good for Maxima, which floated last on Aim last November. Pro-forma annual sales at its existing businesses rose 14 per cent to £14.1m, while operating profits rose 50 per cent to £2.2m. The benefits of scale are to thank, as the company drives more business through its existing cost base. Maxima also used the results to announce an acquisition. It is paying £2.9m in cash and shares for Ringwood, which supplies document-management systems and offers cross-selling opportunities.

But Maxima's chief executive Kelvin Harrison has his eyes on much bigger prizes. The next deal is likely to be larger, possibly involving another listed company, and could involve an equity issue. Mr Harrison wants to consolidate the fragmented software sector.

Broker Seymour Pierce expects adjusted EPS to rise 29 per cent to 15.5p this year, with a 1.6p dividend.



--------------------------------------------------------------------------------
Ord price: 180p Market value: £21m
Touch: 175-185p 12-month High: 187p Low: 100p
Dividend yield: 0.8% PE ratio: 20
Net asset value: 113p Net cash: £2.9m




--------------------------------------------------------------------------------
Six mths Turnover Pre-tax Earnings per Dividend per
to 31 May (£m) profit (£m) share (p) share (p)

--------------------------------------------------------------------------------

2005 8.08 1.04 8.9 1.5
% change - - - -

--------------------------------------------------------------------------------

Last IC view: 11 Feb 2005, page 36
Ex-div: 26 Oct
Payment: 7 Nov



The shares are nicely up on our buy tip at 135p (11 February 2005). But, trading on 12 times forecast earnings, and with more takeover activity on the cards, the shares are still good value.

[currypasty] 11/8/2005 17:26

RNS Number:0171Q
Maxima Holdings PLC
11 August 2005



For immediate release Thursday, August 11, 2005


Maxima Holdings plc ("Maxima" or "the Company")

Completion of Acquisition

Maxima is pleased to confirm that is has today completed the acquisition of
Ringwood Group plc ("Ringwood") in accordance with the announcement made on
Monday 8 August 2005.

As stated, the acquisition will be settled by a total consideration of #2.9m,
comprising cash at completion of #2.2m and the issue of 400,000 new ordinary
Maxima shares of 1p each, representing 3% of the Company's issued share capital
("New Ordinary Shares").

[currypasty] 08/8/2005 15:05

At completion, Ringwood had net cash in excess of #1.5m and carries forward tax
losses in excess of #100k, therefore the purchase price represents an effective
enterprise value of approximately #1.3m



they have net assets of a mil, and turnover of over 3 mil

[currypasty] 08/8/2005 15:01

Oh come on, where are the punters looking for decent companies, paying a divi, earning profits, with cash in the bank ???

We have just bought Ringwood, for 2.2mil in cash.... but they were sitting on 1.5 mil in the bank !

[currypasty] 08/8/2005 14:04

Maiden dividend of 1.5p per share - in line with progressive dividend
policy



a divi on top of outstanding shareprice performance !!

[currypasty] 08/8/2005 07:50

Maxima Holdings plc, the AIM listed provider of software and IT solutions, today
announces its preliminary results for the period from flotation to 31 May 2005,
and the pro forma results for the 12 months to 31 May 2005.

Highlights

* Successful flotation on AIM on 24 November 2004 as an IT consolidator

* First acquisition, Azur Holdings Limited, beat expectations in terms of
growth and profit

* Pro forma twelve months ended 31 May 2005*

- Revenue up 13.7% to #14.1 million (2004: #12.4 million)
- Operating profit up 50% to #2.2 million (2004: #1.5million)
- Operating profit margin up to 15.5% (2004: 11.8%)
- Growth achieved across all business divisions

* Second acquisition, Ringwood Group plc, for total consideration of
#2.9million

* Statutory results for the period from flotation to 31 May 2005

- Revenues of #8.1million
- Profit after tax and goodwill amortisation #1.1million
- Cash of #2.9million at 31 May 2005
- Maiden dividend of 1.5p per share - in line with progressive dividend
policy

[currypasty] 08/8/2005 07:49

LONDON (AFX) - AIM-listed software provider Maxima Holdings PLC said it
continues to hold active discussions for potential acquisitions after the
purchase, announced today, of Ringwood Group PLC for 2.9 mln stg.
Ringwood is expected to enhance earnings in the current year.
Maxima also released its results for the period from flotation to May 31
2005 today and pro forma results for the 12 months to end-May.
The pro forma results include the group's first acquisition, Azur Holdings
Ltd, which beat expectations in terms of growth and profit.
Pro forma pretax profit rose to 2.2 mln stg from 1.5 mln on revenue up 14.1
mln stg from 12.4 mln.
Maxima said growth was achieved across all business divisions.
Statutory results for the period from flotation to May 31 2005 showed profit
after tax and goodwill of 1.1 mln stg on revenue of 8.1 mln.
The group also said it is paying a maiden dividend of 1.5 pence per share.
Chairman Mike Brooke said the board believes that there are considerable
opportunities to create shareholder value through consolidation opportunities
within the IT industry and looks to the future with confidence.

[currypasty] 22/7/2005 11:12

trying again at that 180 ceiling !

[doubleorquits] 18/7/2005 21:18

Not quite a breakout to convince but it can't be long. These are on a PE of just over 9 and although it will rise next year as tax kicks in, this company is set on acquiring businesses and I am sure these will be earnings enhancing from the start. With some cash to pay for them I can see these going over £2 come results - and that would be a breakout!

I see parallels with XNC and how they rose to double the price before being taken out.

[currypasty] 06/7/2005 11:24

break out ??

[shirishg] 06/7/2005 08:52

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