Portrait Software Share Discussion Threads

[infocusint] 03/9/2006 08:56

Sidebar
There are some good tax breaks for AIM companies in the UK if you hold for 2 years or more I seem to remember. I doubt I will sell PST or APA in the next 2 years as I hopefully watch them grow in value. Shareholders are often the last to know the good or bad news.Wish I could read RNS announcements before the mm's alter the prices, maybe it happens in that place some people think we go after life is over.
Regards Infocusint

[sidebar] 01/9/2006 15:48

Thx for CCS. Looks v interesting. I'm really looking for non-Aim companies for the pep/isa benefits but I'm very tempted by these 2.
Staffware was Aim listed at first of course, so O'Connel isn't averse to moving up the ladder when the time is right.

[oska] 01/9/2006 15:17

Thanks. Good fishing.

[infocusint] 01/9/2006 15:12

OSKA ticker symbol APA (DYOR)Obviously you look at good management teams and large shareholdings by Directors, etc. APA has it is spades.
Thanks for CCS.

Away for several hours now fishing!

[oska] 01/9/2006 14:52

Infocuint.
Always on the lookout for gems. CCS may be one.
Regards OSKA

[oska] 01/9/2006 14:50

I had Staffware as well. Big supporter of John O'connell. Just bought another company of his- Clarity Commerce Solutions. May take patience but it will be well worth it.

[infocusint] 01/9/2006 14:46

Oska
I agree! But does india93?
Do you need another possible gem?
Regards Infocusint.

[sidebar] 01/9/2006 14:41

I would agree on the Techinvest thing. It used to be GREAT! It gave me the basis of my cash pile with MicroFocus (as was), Staffware, Radstone and a few others. I went off it for a couple of years and got back in this year but think it's a pale shadow of what it used to be. I hate the way they just drop a company and you're left high and dry. Also it's 'paper trading'. I begin to have suspicions of their actual day they 'buy'. It would be a lot easier to pick shares with a few days of hindsight and I wonder if that is how they always get off to a good start with new purchases? Cynical? Moi?

I don't think they've got it wrong on Pst, just poor timing, although I suppose that's the same thing. I confess to just liking the company because of O'Connel. Don't understand the drop today. I haven't bought any yet, it's just on my watchlist.

[oska] 01/9/2006 14:32

Just bought another 50000 shares. This is a chance to buy.

[india93] 01/9/2006 13:49

infocusint - good timing - great call lol !

[kristini] 01/9/2006 13:22

Techinvest renewal arrived today-they want £179 for another year of tips.
Their revenue must be dropping like a lead weight with their track record in recent times.

[leluot] 01/9/2006 12:19

Been very disappointed with Techinvest in recent years - far too many optimistic comments particularly when the overall market was heading south.
Their research is usually good but there have been some very expensive losers- including this one!
They have been calling this one good for a long time now - the 3p spread and 4 million sale doesn`t bode well!

[leluot] 01/9/2006 12:15

Would appear the seller got 10p each for their 4 million shares! Must be desparate.

[leluot] 01/9/2006 12:13

One large seller I assume - strange after a reasonably positive AGM statement.
However this company has such a poor track record that its difficult to believe anything!

[kristini] 01/9/2006 12:02

high volumes-price drop-any thoughts anyone?

[infocusint] 31/8/2006 10:15

At the time of last years interim's, Techinvest December 2005 issue said, that following a note by Shore Capital's George O'Conner, who had just attended a joint Swiss Re/Portrait sales event, the broker has reiterated it's forecast of earnings per share of 1.6p for the current year to March 31st 2006. with 2.5p and 4.4p for the following 2 years.
The forecasts are based on a low tax charge due to past losses. In fact eps came in at 0.13p.
So why did most people get this so wrong? (They included exceptionals, so a clean slate.)
We have to remember that PST used to be AIT and that two of the boss men were jailed for misleading, etc.
Some with longer memories will remember Staffware, a lot of the people now at PST used to run Staffware including the boss John O'Connel. Staffware were taken over. Long-term shareholders in Staffware did very well.

I used to follow Staffware, but unfortunately never invested in them. I don't intend to miss this second chance OIMO. So with the cleaned up balance sheet a big improvement should start with the interims due in late November.
Techinvest can be forgiven for buying in April 2004 at 71p and again at 24p and again in March this year at 16p after what went on prior to the current management team.
Yes, I am holding an overweight amount all bought below 18p. I expect to do well over the next few years. I've been wrong before, but on a risk/reward basis Good Value! DYOR.
Infocusint.

[thebullyboy] 30/8/2006 14:04

I think Techinvest said co broker had pencilled in £1m - i could be wrong!

[jbarcroftr] 30/8/2006 12:18

Anybody know the full year forecasts?

[blueliner] 30/8/2006 10:23

extract from todays AGM statement

"I am pleased to report that sales to date in the current financial year are
ahead of where they were last year and trading remains on track to achieve full
year expectations. Building on the progress made last year, we have continued to extend our reach into our key vertical markets through the execution of our
stated strategy of forming relationships with specialised industry partners.
During the period we have made excellent progress with developing new
partnerships and will announce more specific news in this regard in the near
future.

"We continue to gain traction in the Customer Interaction Optimisation market
with our set of innovative software products. These include our recently
acquired Quadstone analytics product set and our combined product offering,
Portrait Interaction Optimizer. Contract wins in this area since the start of
the year include Wells Fargo, an existing EDGE customer, and Bloomingdales. In
addition, Fiserv CBS Worldwide continues to grow its sales of Aperio (powered by Portrait), with solid prospects for further sales growth".

Why very quiet on here, they appear to be doing what it says on the tin
& still have this on my watch list, what am I waiting for.
Year end sales exceeded broker forecast, no debt.
SP hardly moved since comprehensive SCSW write up in May.
story looks good but with pe already factoring in expected growth.

[thebullyboy] 16/6/2006 15:47

Its coming back now. Only 2 weeks to the results and an announcement of deal or 2 could motor it! At leat thats what I am hoping for.

[thebullyboy] 15/6/2006 08:17

oh dear, werent expecting this!

[cockneyrebel] 09/6/2006 14:27

Are these a bid target?, a guy I know in the industry seemed to think they are.

I'm trying to work out why they have not just held steady but rocketed in this market?

I've not heard anything - wondered if someone can shed some light?

CR

[thebullyboy] 07/6/2006 08:16

Wow - there must be something up otherwise mms will not be raising price as they have been on such little volume. Hopefully good is up.

[infocusint] 05/6/2006 19:50

Kristini
Please refer to the trading update of 30/3/2006