Netdimensions Share Discussion Threads

[longshanks] 09/3/2011 11:38

This one looks interesting to me. Anyone got a research note with any details on projected earnings?

The thing that interests me is just how scalable this business is and how they appear to be rapidly approaching the point at which they could become a "major" player in eLearning. At that point we could see revenue increase dramatically without them having to increase their costs proportionately.

A valuation of less than £6m appears incredibly hard to rationalise given the potential and the current net cash position. Could easily get to be a £100m+ company in a few years time if the stars align correctly.

Also, if EVT have bought in - then that says legions to me as their ability to pick stocks is exceptional.

[kenmitch] 27/9/2010 10:38

Worth also having a look at the EVT bb here where there are posts covering that record.

RB is shrewd - e.g EVT bought loss making KSS for just £1 million and for that also got their £6 million cash pile. EVT turned it round in a year, then split it in to KSS Retail and KSS Fuels. Then sold KSS Retail for £11 million and they still own KSS Fuels making £1 million and rising.

Also bought Toluna (current share price around 250p) for £2 million and that one is now the largest online market research company in the world. The remaining 30% held by EVT is now worth 10.4p a share and that makes up most of the current EVT share price with their cash and other profitable investee companies valued at next to nothing.

They also have a very good record buying stakes and either selling them on for a profit or doing what they did with KSS so I've bought some Net Dimensions too - and their client list looks as impressive as Toluna's. Good spot for those who discovered this one before EVT invested.

[tanners] 22/9/2010 21:57

Indeed Kooba, and having visited Eurovestech's website and had a good read of the Company information , I'd certainly recommend others to do likewise - very impressive track record and a massive vote of confidence in Net Dimensions imo.

[kooba] 22/9/2010 17:25

evt takes an 8% stake.highly respected technology investment co run by richard bernstein the activist fund manager behind crystal amber..i'm sure he has spotted some undervaluation and plans to do something about it.interesting times ahead.

+------------------------------------+------------------------------+
| 3. Full name of person(s) subject | Eurovestech plc |
| to the notification obligation: | |
| | |
+------------------------------------+------------------------------+
| 4. Full name of shareholder(s) (if | N/a |
| different from 3.): | |
| | |
+------------------------------------+------------------------------+
| 5. Date of the transaction and | 14 September 2010 |
| date on which the threshold is | |
| crossed or reached: | |
| | |
+------------------------------------+------------------------------+
| 6. Date on which issuer notified: | 22 September 2010 |
| | |
+------------------------------------+------------------------------+
| 7. Threshold(s) that is/are | Above 3% |
| crossed or reached: | |
| | |
+------------------------------------+------------------------------+

+------------+-----------+--------+-----------+-----------+----------+--------+----------+
| 8. Notified details: |
+----------------------------------------------------------------------------------------+
| A: Voting rights attached to shares |
| |
+----------------------------------------------------------------------------------------+
| Class/type | Situation | Resulting situation after the |
| of | previous | triggering transaction |
| shares | to the | |
| if | triggering | |
| possible | transaction | |
| using | | |
| the ISIN | | |
| CODE | | |
+ +--------------------+------------------------------------------------------+
| | Number | Number | Number | Number of | % of |
| | of | of | of | voting | voting |
| | Shares | Voting | shares | rights | rights |
| | | Rights | | | |
+ + + +-----------+----------------------+-------------------+
| | | | Direct | Direct | Indirect | Direct | Indirect |
+------------+-----------+--------+-----------+-----------+----------+--------+----------+
| | 0 | 0 | 1,900,000 | 1,900,000 | | 7.59% | |
| Ordinary | | | | | | |

[yespmedc] 15/9/2010 15:12

Interesting interview with Jay Shaw -

[stegrego] 13/9/2010 07:11

Disappointing to get a loss for the half.
They are going for growth with bigger headcount and expansion.

Have decided to watch from the sidelines to see if they make it, hence selling my holding early doors.

[welsheagle] 03/9/2010 18:31

Arden recommended NETD as a 'Buy' today.

[penpont] 06/7/2010 07:51

Pretty satisfactory statement.

dd: Sorry, was away over the last few days - likewise would be interested in anything that comes out of the meeting with the CEO.

[welsheagle] 06/7/2010 06:34

RNS Number : 8581O
NetDimensions (Holdings) Limited
06 July 2010





6 July 2010

NetDimensions (Holdings) Limited

("NetDimensions" or "the Company")





Pre-Close Trading Update



NetDimensions (AIM: NETD), a global provider of performance, knowledge and learning management systems, provides the following update on trading for the six month period to 30 June 2010.



The Company reports that revenue has increased in line with market expectations, up by 11% to US$3.38 million (30 June 2009: US$3.05m).



The Company still maintains a healthy cash position at US$6.3 million, down US$0.5m versus the same period in 2009 partly due to the acquisition of the EKP (Enterprise Knowledge Platform) business from the Company's UK partner, as announced on 24 April 2010. At 30 June 2010 currency rates the cash position equates to 16.7p in cash per share (30 June 2009: 16.5p).

[davidosh] 05/7/2010 19:58

Stegrego...no probs. It was only arranged today as a favour because I have a big group of investors in town.

[stegrego] 05/7/2010 18:12

Too much of a trek for me - 150 miles and short notice.

However, would be interested in any feedback.

Cheers

[davidosh] 05/7/2010 16:25

Stegrego, tanners, penpont et all

If any of you would like to meet Jay Shaw the CEO and attend a presentation at lunchtime tomorrow at 12.30pm in the City just let me know via email using this message...



Click and check on the reply via email but uncheck the reply via boards option.

[tanners] 27/5/2010 08:54

Steadily climbing of late on the back of some smallish purchases.....thought there may be a lull after the results, so is something afoot?

[stegrego] 28/4/2010 11:40

NetDimensions (NETD, 21p, £5.26m), has acquired the EKP (Enterprise Knowledge Platform) distribution rights business and related assets from partner Intellego. The group paid £0.276m in cash with a further £0.188m payable over 2 years. To March 2010 Intellego achieved revenues of £0.45m. Sensible acquisition for NetD as well as being logical for Intellego. We maintain our BUY with a 40p price target.

[stegrego] 20/4/2010 17:49

NetDimensions (NETD, 18.5p, £4.63m) Finals to December 2009 saw revenues up 8% to $6.84m(6.35m), operating profits of $0.69m ($0.09m), PBT of $0.7m (loss $0.59m). Net cash, post finance leases, ended the period at $6.43m – or the equivalent of the market cap. During the period the group added 70 new clients. Profitability was down slightly H2 on H1 with gross margins down to 88% (96%) with 31% of its revenues arising via its reseller network. The group has indicated its desire to paying dividends in the future. With a solid cash backing we continue to rate the group a BUY and remind potential investors it is one of our "Thoughts for 2010" year tips.

[stegrego] 25/3/2010 13:52

Hate stuff like this, sold a few but will now hold as its currently about 3p below cash holdings!

Complaint for Patent Infringement

NetDimensions (AIM: NETD), a provider of performance, knowledge and learning
management systems, has been served a complaint for patent infringement within
the United States on 25 March 2010 by the US District Court, Eastern District of Texas, Tyler Division. The plaintiff is IpLearn LLC, a California Limited
Liability Company, and is against eight defendants which include the Group.

The Board believes that there has been no patent infringement, but take any such complaints seriously. The Board is therefore investigating the claims with a view to instructing legal advisers, together with the co-defendants, to
challenge the complaint. NetDimensions will announce any further developments in due course.

[tanners] 11/3/2010 09:57

This loooks a very similar situation to MTI wireless, i.e. M/Cap virtually covered by cash and slightly profitable business virtually thrown in for free so I've been picking up a few in recent days.

I think it's just a lack of patience allied with tight liquidity that causes these to drop to such a low valuation as a few small punters get bored and the price reacts accordingly.

Finally, some movement today tho.......

[stegrego] 11/2/2010 19:30

Currently 18.8p cash per share and 18.5p to BUY....

[stegrego] 01/2/2010 19:29

Hoodless

Description
NetDimensions provides enterprise software solutions for learning management, performance and training requirements. Revenues derive from support and maintenance, hosting, software customisation and implementation and software licensing.
The story NetDimension's flagship product, the Enterprise Knowledge Platform (EKP), is an integrated learning management system used by organisations such as airlines as a platform for testing and certification. Other products include the Enterprise Content Platform (ECP), a learning content management system and the Enterprise Assessment Platform (EAP), an assessment platform that helps evaluate competency and performance. The H1 statement highlighted the benefit of repeat business and new contract wins with 26 customers added during the period. Many of these clients operate in highly regulated, compliance driven environments which should afford some defensiveness to the revenues.

The group also provides hosted and managed services and implementation. NetDimension continually upgrades its products and recently launched the EKP
version 5.5 and the EAP version 5.6. NetDimensions counts well known companies and organisations amongst its clients including ING, Midwest Airlines, HSBC, the US Department of Veterans Affairs, Hunter Douglas and Cathay Pacific. Going forward we expect the growing use of software based training methods to enable continue progress. Though technical barriers to entry may be limited, while less quantifiable, we suspect the knowledge acquired in working with the embedded, high quality, customer is a strong barrier in itself.

Recent performance and valuation

NetDimension's recent trading update for the period ending December 2009, has confirmed our optimism for the stock. Management expects full year revenues and profits to continue strongly.
The recent additions to its client list are to be the key driver for this growth. The group had net cash, as at December, of $7.4m (£4.6m) ‐ or some 18.6p per share, representing only a small discount to the share price. This looks to us to provide compelling value and as a consequence we recently increased our price target from 20p to 40p. BUY

Strengths
Good embedded customer base
Intuitive adoption of computer based training
Strong cash position underwrites current value

Weaknesses
Limited barriers to entry
Small profits of (only £240,000 predicted for 2009) can be susceptible
Small market cap puts it under the radar with limited liquidity

[drw1] 19/1/2010 15:10

1p premium to buy 20k.

[gimme sunshine] 18/1/2010 12:50

a few buyers around

[gimme sunshine] 18/1/2010 10:21

very quiet, hopefully it will stay that way for a few months, too many opetunites at the moment