Northgate Information Solutions Share Discussion Threads

[hotfinance14] 17/10/2007 18:22

Visit & results notification
16/10/2007 [Stock Exchange Announcements (RNS)]


Northgate Information Solutions announces that it is hosting an analyst and investor visit to Brussels on 7 and 8 November 2007. The visit follows Northgate's recently completed acquisition of ARINSO International, and is intended to familiarise analysts and investors with ARINSO's operations and product offerings, the progress being made integrating ARINSO with Northgate's HR operations and the opportunities this offers.

Northgate Information Solutions will announce its pre-closed period trading statement on 7 November 2007 and its interim results for the six months ending 31 October on 10 December 2007.

[stable] 17/10/2007 17:51

hot finance
dont let yourself be drawn into commenting on 13mat13, his last comment re new contracts shows limited intelligence and worthy of being filtered

[hotfinance14] 17/10/2007 11:05

I dont think the Cadburrys contract was corner shop stuff!!!

[13matt13] 17/10/2007 10:25

This will move north when Stone is sacked & NIS get a CEO who understands the business environment & can win some decent new contracts not the same old corner shop stuff.

Lets hope the bigger institutions call for his head, I have been for years.

[drunker50] 16/10/2007 19:28

I think this will continue to drift until next months analyst meeting.

[hotfinance14] 16/10/2007 18:48

I am very surprised by the fall today.The fundamentals have not changed.

[plcrewe] 16/10/2007 11:02

NIS creeping back down to 70p. The only mid 80's that hotfinance14 (aka Chris Stone) will be seeing is the temperature in his swimming pool.

[slaterlp] 13/10/2007 12:47

Yep I agree hot.

[hotfinance14] 13/10/2007 12:43

We should see the mid 80's very soon.

[hotfinance14] 12/10/2007 19:21

Great post..this company has rapidly grown.

[drunker50] 12/10/2007 18:28

Northgate IS


It has not taken long for the mid-cap software and IT services group to demonstrate the merits of its purchase of the Belgian firm Arinso.

Two months after the deal's close, Northgate Information Solutions's latest possession has won one of the biggest contracts in its history: a seven-year deal that will see Arinso supply its human resources system to the confectionery division of Cadbury Schweppes.

Terms were not disclosed, but the deal is thought to be worth about £40 million.

Its importance should not be overplayed.

That the contract did not warrant an official Stock Exchange announcement implies that its impact is already factored into earnings forecasts.

But coming hard on the heels of last month's ten-year tie-up with Agilent Technologies, and confirmation that the integration of Arinso is running ahead of plan, it provides welcome reassurance.

With Northgate's shares sitting 7 per cent below their level when the acquisition was announced, encouragement is badly needed.

At a headline £250 million and 20 times 2008 earnings, the deal was both big and dilutive in the short term and has left Northgate with £420 million of debt.

But it also takes the company into higher growth overseas markets and enables it to sell a wider range of software. An analysts' visit to Belgium next month is likely to help sentiment on Arinso.

In the interim, at 76¾p, Northgate's rating of 12 times current-year forecasts looks too low. Hold.

[hotfinance14] 10/10/2007 19:58

There will be more to come I am sure.

[grlz] 10/10/2007 19:55

Now that is a contract so proving the business model adopted by Stone when buying Arinso.... get in while it's cheap as when it's a quid your regret it imho

[hotfinance14] 10/10/2007 19:40

Just like the below :

Northgate's ARINSO selected by Cadbury Schweppes plc to deliver global HR IT platform
10/10/2007 [General]


ARINSO, Northgate Information Solutions' global HR business, has been selected by Cadbury Schweppes plc to deliver HR systems and related services for its confectionery business. The deal is one of the largest in ARINSO's history and implementation will be across 5 continents in 68 countries where Cadbury Schweppes operates.

The seven-year partnership will use ARINSO's euHReka technology to create a single SAP-based HR Services platform. The platform, to be completed in early 2010, will become the core Cadbury Schweppes' global HR information system and give employees online access to services. Cadbury Schweppes will also have the option to explore further the support services offered by ARINSO as the deal evolves.

Chris Stone, Chief Executive of Northgate Information Solutions, said: "Cadbury Schweppes is a global blue-chip company and precisely the kind of business we envisaged working with when we acquired ARINSO this summer. Using the euHReka platform will allow the HR team at Cadbury Schweppes to deliver better quality information, support faster decision-making and improve service and I am delighted to have them on board. They join ARINSO's already superb client list which includes such global businesses as Shell, Airbus, Exxon Mobil, Finnair and Tetra Pak." (208 words)

[hotfinance14] 10/10/2007 19:32

That was a big investment by BT Pension Scheme.Things look promising.

[beercapafn] 10/10/2007 19:10

Slattery:
Where do you base that on.. This has been a dog stock for months.. Are you saying that you have a holding and wish that it gets to £0.85 to 'What' sell at a profit.. If it rises that much you would not dare to sell....

You would post again, saying... £ 1.30 by summer.

Sorry.. But please don't post unless you have a strategy.. Not a whim..

[slaterlp] 10/10/2007 17:52

creeping back up. 85 by year end again?

[drunker50] 10/10/2007 13:28

Nice to see BT pension fund buying- RE- yestedays RNS. possibly sucking up more shares as i type.

[thistimenextyear] 09/10/2007 20:46

pre-budget announcement stating curbing state spending. Will this affect NIS I wonder?

[eithin] 09/10/2007 17:19

0.48p pay date 02/11/07 ex date 26/09/07

[hotfinance14] 09/10/2007 10:44

I recall it was 0.42p for the final.

[superglide] 09/10/2007 09:59

hi anyone know the dividend amount please?

[slaterlp] 06/10/2007 00:00

drunker50 -

Were you not a bear on this stock not so long ago?