Oneclickhr Share Discussion Threads

[sreed] 29/9/2002 16:19

Any views?

[b1gman] 19/8/2002 13:50

Yes, I agree with the above. They will go out of business soon if they don't get their act together. Their MD has been absent for personal reasons, and it looks like the company has lost their impetus because of this. Also the HR software marketplace is very tough at the moment. There is also the possibility that they have saturated and exhausted their marketplace and will now find it tough to sustain their large cost base. They will struggle in the higher marketplace becuase they haven't got the set-up or the products or the experience or the track record in mid-top end HR s/w marketplace. They need to merge with, or be taken over by, or take over (by way of a rights isssue), a competitor who can bring depth & experience to their product range. That, IMHO, would be the best thing for us shareholders and the Company itself.

[innovation99] 13/8/2002 11:40

Cash flow problems !!!! They have sold the family silver now - all for a miselry 1 million buck - giving away warrants - some 20% of the company - for a price to buy in at 7p a share. Why not give the company away and have done with it.

[b1gman] 23/7/2002 17:23

Hey you guys, I can't say you weren't warned - look at my post way back on 23rd Jan 02. I KNEW they were having problems!!! Looks like I was right.

However, the summer months are always poor compared to the busy 6 months Oct-March for selling HR software & services. So you need to see what they put in during the last qtr of the year.

They are running out of cash though, hence more shares being issued. That's watering down ours.

They will struggle to enter the Enterprise Marketplace and their products are not 'deep' enough to compete with the more up-market competitors. (OF which there are plenty).

No new products seem to have been released and the true effects of the offshore development team have yet to be proven.

[giggs] 11/6/2002 21:58

anyone know why the fall today??

[cimac] 03/5/2002 08:17

Press say that OCR dominate this area of the software market and the AGM
statement this week mentioned more large contracts were expected to be
signed soon. Anyone know who the new customers could be.

[cimac] 02/5/2002 13:44

Director buys more shares today - see RNS

[cimac] 02/5/2002 07:29

Daily Mail - source www.sharecast.com

The bullish tenor of chairman Lord Sheppard of Didgemere's AGM address
lifted Aim-listed OneClickHR, the human resources consultancy, 3.5p to 39.5p,
the Mail says. The first-quarter of 2002 was the best three months since
flotation in 2000. Its Personnel Manager range continues to dominate the
mass market for HR software. New clients include Centrica, Central Car Parks
and London Underground, the paper says.

[cimac] 01/5/2002 13:22

More delayed buys(2 hrs) going through.

Sunday Telegraph tipped these shares in February...
...could be a nice follow up this sunday.

[cimac] 01/5/2002 10:54

I expect it's the kind of position that many other software company
boards of directors, and their shareholders, would want to be in !

[latest] 01/5/2002 10:51

Enjoyable is not a commonly used word these days, so things must be good.

[cimac] 01/5/2002 10:37

Looks like this is one software company that will survice and prosper !

From today's AGM statement:-

"Further to our announcement of significant customer wins in January 2002,
OneClickHR anticipates that it will announce the signing of one or more further
significant sales contracts in the near future. Our business has great momentum
which continues to build; a very enjoyable position at this stage of the year."

[cimac] 01/5/2002 10:13

Article from www.sharecast.com

Sunny outlook for OneClickHR

By Neil Thapar
Wed 1 May 2002


Packaged software developer OneClickHR is expected to make a strongly positive trading statement at its annual shareholder meeting today thanks to a surge in demand.

The company, which develops software packages for keeping employment and payroll records for businesses across Europe, is believed to have experienced its busiest quarterly sales since its flotation four years ago.

Analysts say that the encouraging start to the year should put it on course to achieve a maiden full-year profit approaching £1m this year. The company incurred a £2.1m loss and sales of more than £5m last year.

The expected first-quarter recovery in demand follows sluggish sales late last year in the wake of September 11, which prompted the City to trim its profit forecasts for the current year. However, sales of Personnel Director, its key product aimed at medium-sized businesses, surged in the New Year.

Demand for its enterprise-level product for large businesses should also have picked up significantly thanks to OneClick's lower prices than competing products.

The average order value has continued to improve and is thought to be running at about £45,000.

Such upbeat news would help to underpin OneClick's share price which has gone nowhere in the past 12 months. Earlier this year it raised about £400,000 from a share placing at 33p for its working capital and to help conclude big new contracts.

[giggs] 18/2/2002 22:33

plus tipped in Sun telegraph yesterday and some good news with the results last week. More buys than sells today...people seem to be waking up to OCR at last.

Looks like it could as HK says move back to 45p at least. IMHO.

[harry kaplan] 18/2/2002 11:12

Looking good -- narrow spread considering there are only two market makers on this. Orginally tipped on N-v at 53.5p although possible 45p resistance on the way up.IMHO.

[garth] 14/2/2002 11:10

Tipped at NV just now, following this morning's announcement of sales. Buys coming in.

G.

[giggs] 24/1/2002 22:47

Hi b1gman

Interesting post - can you tell me where you got your info about tghe redundancies - was this announced to the market?

Cheers
G

[b1gman] 23/1/2002 15:54

They have made 23 people redundant just before christmas, many of these I believe are sales staff. They appear to have cut out a lot of sales staff from their dealer reseller channel and also they appear to have either substantially cut or completely abandoned their direct field-sales force. They have, IMHO, missed their turnover and profitability (loss) targets for 2001 and have therefore taken steps to cut costs going into 2002. Bear in mind their financial years ends 31st December. I also suspect that there is a slowdown in sales growth as they have saturated the low end of the market with their cheap and cheerful range of software products and they have failed to move up market which is tightly contested with many competitors and oneclick are unable to compete on functionality and service and support. Their ASP offering, has, IMHO, not been the success they were looking for with poor uptake from clients who are concerned about security. I work in the HR and IT industries and I know that this is a big barrier to ASP based HR solutions.
In summary: Avoid. They will be restructuring or something to try to distance their more profitable businesses away from the loss making ones. WATCH THIS SPACE. There is NEVER any smoke without fire !!

[njs] 21/1/2002 21:32

I think these will do well at the next results! The guide to hr part of the web site has gone subs based
At a cost of about £200 per year

From their site

We currently have over 17,000 registered users and 33,000 newsletter subscribers

say about 2,000 signed up that would be an extra £400,000 to add to revenues for something they were giving away, with so much suing going on nowadays, can companies afford not to keep up with the latest legislation?

Also they don't announce every little thing to the market, take a look at


it's getting knocked down on low volumes, like today down 1.5p on 4,ooo traded

njs

[giggs] 21/1/2002 20:39

I have recently revisited a strong buy tip on OCR which came from Neil Thapar on Sharecast this time last year - all sounded very positive, but very little movement in the price for some time until the start of a fall over the last few weeks.

I recall that the shares are tightly held by directors, so wonder if the recent fall is the marketmakers trying to get more stock.

Anyone got an opinion on this?

Regards
G

[tightfist] 01/7/2001 21:15

Paul,

More postive views last week on N-V. The new share issue plus the Director's disposals have paved the way for a new institutional investor to aquire 4.9% - speculates that it will announced as Fidelity, or Prudential or Merrills MAM.

tightfist

[tightfist] 01/7/2001 21:15

Paul,

More postive views last week on N-V. The new share issue plus the Director's disposals have paved the way for a new institutional investor to aquire 4.9% - speculates that it will announced as Fidelity, or Prudential or Merrills MAM.

tightfist

[tightfist] 27/6/2001 23:03

Paul,

I have been in this one for a few months. You will find some info from Neil Thapar on Nothing-Ventured - it was one his tips for the year; TechInvest also noted it last month. Has a heavyweight chairman on-board which is interesting, and one gets the impression that the onset of profitability could beat expectations. I met the CEO at Teather's Investor day at the Barbican last month; the stand was gaining plenty of interest - I get the impression that they are the main player in their niche. It's one of those companies with a feel good factor - now watch it bomb tommorrow!

tightfist