Statpro Share Discussion Threads

[cockneyrebel] 19/12/2005 15:06

thanks - it's a Ben Sherman :-)

CR

[hampster] 19/12/2005 14:56

nice chirt

[wjccghcc] 19/12/2005 14:28

Had a few since last month as well CR. PE of 13 dropping to less than 10 with very good prospects in the portfolio risk management sector.

[cockneyrebel] 19/12/2005 13:11

Back in today, prone to a Jan trading statement here which should be good from the way they speak.

Perhaps a bit earlier this year so I don't wantto miss it :-)

CR

[tomoslewis] 12/11/2005 11:56

have you seen the results for RDF group (RFG)spectacular!! turnover and profits double in the first six months, with quality clients include IBM UK Ltd, Legal & General Assurance Society Ltd, Aegon UK plc, American Express UK plc and Abbey National plc and the new contracts were expected to add in excess of £5,000,000 to annual turnover ... but turnover in the first six months now increased by nearly this amount!!

[pedrojack] 23/9/2005 12:40

Are you still in these CR? Cheers.

[pedrojack] 23/9/2005 12:40

Are you still in these CR? Cheers.

[rossgr1] 23/9/2005 08:55

NICE RISE ON THE BACK OF IC TIP....NOT MANY BUYERS YET BUT THERE MUST BE SOME BIG ONES LURKING AROUND...HOPEFULLY BE ABLE TO SUSTAIN JUMP....

[cockneyrebel] 23/8/2005 16:12

250K broker buy

CR

[johnrxx99] 22/8/2005 13:20

FWIW British Bulls confirmed a buy on Friday.

[nurdin] 21/8/2005 12:50

Yup ..I agree.Looks like companies are now beginning spend on new technologies to combat an increasingly competetive environment and to reduce operational costs.The software vendors benefitting most currently are those whose customers needs are driven by increasing regulatory pressures..such as SOG.Notice what the company said at the interim stage:

''...This excellent performance was driven by new regulations on risk
in Germany, Luxembourg and Italy introduced by local industry regulators. The
same regulatory impact is now also being seen in Ireland, France and Holland and
we anticipate an increase in sales in these territories in the second half. We
have also made our first sales of our StatPro Fixed Income system ("SFI") which
now has a growing order book...''

SFI will be launched formally in Jan 06 and is expected to radically transform SOGs business outlook going forward...

[cockneyrebel] 21/8/2005 11:16

Cheers Nurdin - fancy the newspaper getting something wrong :-)

Made a breakout this week so that's another positive.

Seems the whole small software company sector is hotting up, things like CHR, BDI, BVM, KWL, TRX, DGM all look undervalued compare to the growth along with SOG imo

CR

[nurdin] 21/8/2005 09:34

Tipped in the S.Telegraph..

''...Two weeks ago, Statpro made an upbeat statement about trading as interim profits jumped by 111 per cent to £550,000.

Statpro appears to have momentum as regulation is pushing fund management groups to invest in IT. The shares are trading at around 16 times forecast earnings for this year - in line with the software sector - but should have further to go...''

The only blot is that ST have used the old forecasts to arrive at 16x this years earnings.With recent brokers upgrades the shares are in fact trading on a multiple of just 12x .That falls to under 10x for next year...

On sector average rating the shares should be trading well north of 65p

[networker] 19/8/2005 15:36

Certainly trying now to break out. Sporadic buying is encouraging but still some chunky sells appearing. Tug-of-war not apparently over just yet. Looking at the 5 year chart seems to indicate that if we could successfully clear 60p, there is a relatively clear run up to the 80p level. As trading conditions improve this is not an unreasonable medium term target.

[nurdin] 19/8/2005 12:52

One more tick and we could be breaking out :o)

[cockneyrebel] 19/8/2005 10:33

Thanks nurdin - thought that was coming :-)

Nice tick up today

CR

[nurdin] 19/8/2005 08:24

Saw some decent buys yesterday...the price marked up today on one trade.Cant help feeling some news is around the corner

[rossgr1] 18/8/2005 17:44

PICKED UP TODAY..HOPEFULLY AFTER 5 YEARS OF HOLDING I MIGHT SEE IT REACH TEH NINETIES AGAIN...

[networker] 09/8/2005 12:27

Nurdin
As I recall the IC was not very keen on SOG when they last commented some weeks/months ago. Don't know whether they have said anything very recently. There still seems to be some steady selling ( presumably from previous warrant holders) and I'm quietly waiting to see what happens if and when it dries up.

[nurdin] 05/8/2005 10:32

Wonder if there was a comment in the IC today...anyone?

[tole] 04/8/2005 12:51

SHARE MAGAZINE
Plays of the Week:
* Buy Renova Energy at 90p - Xstrata at £12
Updates:
* Buy Statpro and Inchcape - Sell Synergy Healthcare

[tole] 02/8/2005 17:22

Citywire article from yesterday worth a read to. Wont post it all - but here is the CW verdict.

Citywire Verdict:
It has been a fairly tough struggle for StatPro in the past few years, but it does look as though the business has genuinely turned a corner.

The second half will be telling. If the company can sustain the momentum from the better than usual first half in the second half, it should show a general upturn in business. The fixed income launch should add considerable growth potential

At the current price the shares do look cheap, and while there are still risks, the stronger balance sheet, profitability and promise of a dividend all help to mitigate these. Worth accumulating or buying in if you're happy with risk

[cockneyrebel] 02/8/2005 11:30

just read the GC Investor buy rec Tole, cheers. Conservative estimates there imo, and no mention of the forth coming divi.

Aside from that these look very cheap for such growth imo - must be due a re-rating. Company seems very confident too, confident enough to pay a divi.

CR