Misys Share Discussion Threads

[mollymolly] 13/9/2005 13:23

The business has moved on quite a bit from the 180p lows of last year. I view this as a temporary set back. I can't predict short term, but am still confident medium/long

[mollymolly] 13/9/2005 13:21

Glad Ivan Martin will not see the big bonus. Let's see the results of his efforts before he gets any big payment.

[mollymolly] 13/9/2005 09:37

Glad Ivan Martin will not see the big bonus. Let's see the results of his efforts before he gets any big payment.

[no advice intended] 13/9/2005 08:51

I certainly would not be short on a day trade today

[no advice intended] 13/9/2005 08:46

Its broken up through its morning opening price after a hefty mark down.

Meeting at 9.00 with the city. Its worth a long bet imo

[lyntwyn] 13/9/2005 08:09

LONDON (AFX) - Software group Misys PLC said it sees earnings per share for
the half year coming in well below last year as revenues at its banking
operations suffered from timing issues.

The group added that "it is not clear that any profit shortfall in the first
half will be fully recovered in the second."

All other businesses remain on track.

[elsworth] 13/9/2005 08:06

.......drip.............drip...............BANG 80p............

Hope this helps

[stoxx67] 13/9/2005 08:00

TAXI FOR MISYS !!

[analyzer] 13/9/2005 06:50

Misys drops controversial retention bonuses plan
Published: 12/09/2005 09:41:00

Banking systems vendor Misys has caved in to shareholder pressure and ditched a controversial proposal to offer two senior managers retention bonuses worth a total of £2.4m.
The move came just days before the firm's annual meeting where shareholders were expected to vote against the plan.

Under the proposal, Ivan Martin, head of Misys' banking division, and Tom Skelton, head of the firm's healthcare division, would have received a bonus of £1.2m each to to prevent them from leaving the firm if they are not selected to succeed Misys chairman CEO Kevin Lomax, who plans to become non-executive chairman by 2008.

The Association of British Insurers, whose members control about a fifth of the UK stock market, had issued a 'red-top' guidance on the proposed bonus - its highest level of concern.

In a statement, Misys says it has received support for the plan from several of its major shareholders and has also made amendments to the proposals.

But concerns have been expressed by a number of its other shareholders and, having listened to these concerns, it has decided not to continue with the plan.

Story from :

[tpaulbeaumont] 09/9/2005 08:35

any news this AM?

[mzj71852] 25/8/2005 09:49

maybe this - Bank software group Misys is bracing itself for a shareholder revolt over plans to award two executives a "retention" bonus worth £1.2m each in a bid to retain their services if they fail to become chief executive, the Times writes.

[mzj71852] 24/8/2005 10:17

why is this dropping day after day? any real thoughts?

[lyntwyn] 25/7/2005 11:38

21.07.05 :-4.25, (231.75) flat in early deals as the software group reported broadly as expected full-year results, dealers said. In response, UBS reiterated its 'buy' advice and 270 pence price target and said sales of 888m and EBIT of 102m were all in-line. EPS of 15.6 pence also matched guidance given by the company in June of between 15.2 and 15.7 pence. The broker added today's results contain no surprises, although an additional 8m provision for pension mis-selling at Sesame was unexpected. Meanwhile, net debt closed at 219m with 53m spent on buybacks, and the broker believes the buyback programme is likely to re-start after the results. Referring to outlook, UBS said management talked of "consistent, if modest, improvement" in banking market conditions, but referred to its own, improved execution as behind the second half's 31% licence growth. In healthcare, where the closing order book was disappointing, the group referred to a number of delays in finalising contract terms for some larger deals, suggesting the underlying trends remain good, the broker added.

[mzj71852] 06/7/2005 11:03

no movement market buzzing!

[mollymolly] 22/6/2005 07:52

Speculation before results.

Sounds encouraging to me. Some hefty sells yesterday, my bet (for what it is worth) is up today.

[marld] 21/6/2005 13:37

Why so heavily down today ? Is there a trading statement due tomorrow and somebody thinks they know that it is not going to be good !

Yes is the question regarding trading statement. Bought at 213.5 sold at 218.5, chickened out to early !

No idea what it is going to do tomorrow !

[mzj71852] 16/6/2005 10:46

I am only one holding these shares as I talk to myself here, is anyone else out there

[mzj71852] 26/4/2005 14:24

when r the results or interims?

[mzj71852] 25/4/2005 11:30

that would be nice

[mollymolly] 25/4/2005 09:03

Misys has been dithering around these levels for 3 years. Needs an upturn in banking spend to move significantly.

Year end May so some news will be coming. They have been buying own shares - sign of confidence perhaps; supporting share price perhaps. Butb we are not likely to see a any dramatic downturn or they would be conserving the cash.

So on balance, I think up. Must be poised to take very good advantage of a banking upturn and are lean enough now to just wait. My bet (for what it is worth) £3 by the autumn.

[mzj71852] 22/4/2005 11:54

anyone in this? direction please

[mollymolly] 24/2/2005 11:32

Misys were showing some glimmer of optimism in last statement. When bank spending does start up again the Misys could be big beneficiary.

Probably just seen as bottrom of trading range?

[ibs7491] 24/2/2005 11:06

nice rise today any reason?

[mollymolly] 12/2/2005 12:13

?Goodwill

In past Misys has been highly aquisative buying software companies. Software cos have assets which are intangible ie intellectual property.

Of course the "asset" does have a value, but it is hard to quantify, so accounting rules require amortisation. Real test of value of the asset is the revenue it generates - in Misys' case pretty substantial.