-1x Square Discussion Threads

[spaceparallax] 21/6/2011 09:46

a little life this morning

[spooky] 16/6/2011 22:06

Well i am probably a buyer somewhere around here so that will stop them going down for about five minutes :-o)

[spaceparallax] 16/6/2011 16:19

How is it that Hambro have accumulated and still the sp's down?!

[spooky] 15/6/2011 20:40

CEO of Cresta Limited the UK business they took over in 2006 so i suppose he might have been the contact man for some institutions in this country,someone may have decided to reduce a position when his leaving was announced.Another possibility is that some of the people who received equity in the deal may have decided to sell up now he is leaving.

On the other hand it may be absolutely nothing to do with this,merely a few sellers in a quiet period between news announcements.

[mcgrath00] 15/6/2011 18:27

what was his position?

[spooky] 15/6/2011 16:57

Any chance the fall is related to the resignation of David Cotterell on the 19th May,the fall started soon after.

[mcgrath00] 15/6/2011 16:40

true, but generally speaking the market makers seem to have respected this business unlike many in the sector.

[aishah] 15/6/2011 15:02

Very frustrating with SQS - just doesn't seem to have a decent following. Great business - hope they get taken out to realise full value for shareholders.

[spaceparallax] 15/6/2011 14:01

anything's possible - I suppose the consolation is in knowing the intrinsic value vs what general mkt sentiment does to the share price

[aishah] 15/6/2011 12:48

Might get down to 180 - seen it before.

[nurdin] 15/6/2011 08:15

Cant see any reason for the decline...now cheap as chips.Perhaps time to add.

[spaceparallax] 13/6/2011 10:28

Welcome Sauce.

[saucepan] 13/6/2011 09:17

Hi Folks. I invested in SQS this morning after a weekend ShareScope trawl and other research looking for value/growth stocks.

The following is a snapshot of some of the fundamental data that attracted me, in case of interest:



Rolling P/E 2 = 7.91
Slater PEG = 0.21

[spaceparallax] 10/6/2011 11:39

Perhaps just a reflection of the general mkt

[mcgrath00] 09/6/2011 18:07

yes, might drift for a while before re-rating.

[goofball25] 09/6/2011 16:17

think we'll drift for a while..

[spaceparallax] 09/6/2011 15:30

I'm very surprised to see this retracement - no business reason for it.

[spaceparallax] 02/6/2011 12:21

PG have reiterated their Buy stance with a 270p TP.

[spaceparallax] 31/5/2011 12:38

I do wish they'd either issue divis to LSE holders in sterling or offer a scrip instead.

[daz] 27/5/2011 11:58

A little frustrating that the positive IMS isn't being reflected in the share price but hopefully the story will get round eventually.

[shuisky] 25/5/2011 09:54

Statement is ok and as Daz says they are increasing the portion of revenues that they have longer term visibility over. This should encourage a re-rating eventually but I guess these arguements are too abstract for most invesrtors to understand.

I suspect SQS need to just carry on quietly delivering and then the market will finally wake up.

[daz] 24/5/2011 08:00

Yes, ticks all the boxes: new contracts, extended contracts, improving staff utilisation, improving margins and revenue visibility, what's there not to like about that!

[nurdin] 24/5/2011 07:51

Superb update....prospective pe of under 8 looks very mean here!

[welsheagle] 24/5/2011 07:36

RNS Number : 1330H
SQS Software Quality Systems AG
24 May 2011



24 May 2011

SQS Software Quality Systems AG

("SQS" or the "Company")



Annual General Meeting Statement and Trading Update



SQS Software Quality Systems AG (AIM: SQS.L), the world's largest pure play supplier of independent software testing and quality management services, is pleased to provide an update on trading ahead of its annual general meeting to be held at 10 a.m. (CET) today at the Company's headquarters, Stollwerckstraße 11, 51149 Cologne, Germany.



Investments made in 2010 into sales staff and infrastructure, and the continuing investment into offshore consultancy staff and our Managed Services business, continue to bear fruit. In recent months the Company has signed a number of significant contracts as well as winning substantial consultancy projects.



SQS has signed a €3 million Managed Services contract with a telecommunications provider. The contract is to deliver onshore and offshore testing services over the next two years.



In addition, SQS has extended a Managed Services contract with a UK headquartered international law firm. The contract has been extended for two years and will be worth an additional €1.1 million during that period.



In terms of traditional consultancy revenues, SQS has extended its business in the public market with a €0.5 million contract for project consultancy work for an international organisation. In Germany, SQS has signed an extension of its engagement with a logistics company, securing an order worth over €0.7 million for services to be delivered this year.



In the Nordic region, SQS has signed a number of contracts with banking industry clients. These include a contract worth €0.9 million, to provide test management for a new internet banking service, and a further contract with the same client, worth €0.3 million, to provide a full suite of testing and process enhancement services. The third contract is with a new banking client and is to provide acceptance testing, worth €0.3 million.



Rudolf van Megen, Chief Executive Officer of SQS, will, at today's annual general meeting, make the following comment, "In line with our stated strategy, SQS' Managed Services offerings continue to increase as a proportion of total revenue, whilst the Group secures contract wins in traditional consulting projects across all areas of the business. In addition, we have a substantial pipeline of new business, of which Managed Services contracts are an increasingly significant element. These developments are giving us improved revenue visibility and are expected to lead to higher margins and profitability in the medium term. We are therefore confident of meeting full year market expectations."