Workplace Systems Share Discussion Threads

[p-m] 15/3/2006 16:25

quite is often best.. IMHO

[bridggar] 15/3/2006 15:25

Given the heady heights this share used to trade at, I'm surprised there isn't more discussion on here. Oh well, wait until the pre-close update I guess.

[bridggar] 15/3/2006 09:44

I'm sure I read somewhere that the mm have upto 5 days to report a completed trade where the size is over 10 x NMS. Of course, the cause of the drop could be a large trade which is still being worked through so we may have to wait much longer to find out.....

[foxman14] 15/3/2006 09:37

Bought in yesterday and they showed up one hour later. Not showing immediately does appear to be increasing. Just sold MAO bought WHY and not showing.
Does anybody know why somes trades don't show immediately? Is it something that can be manipulated? Is there a minimum time by which they must be reported?

[bridggar] 15/3/2006 09:02

I think they have upto 5 days to report trades over 10 x NMS (which is 3000)..

[bridggar] 15/3/2006 09:00

I bought yesterday - still hasn't shown....

[fat eddy] 15/3/2006 08:59

Trades are not showing up! Bought over 30 mins ago still hasn't turned up on the chart yet.

[bridggar] 15/3/2006 08:10

...still 2 days to see if it's an almighty dump. (but then given the 60% staff ownership, can it be that big?)

[tam oshanter] 15/3/2006 07:31

Why wouldnt the directors buy when the mms drop the share 40 % for fun.
Back to 8/9p soon then.

[droftarts] 15/3/2006 05:53

Do I buy more to reduce my average cost or is this one to avoid?

[bridggar] 14/3/2006 16:00

So is this a dead cat bounce or....

Presumably we'll see the trade that caused the drop within the next 3 days. Lots of tricks with trade reporting going on.

[charmer1_23] 14/3/2006 13:53

Well, now we know the answer to the question I posted yesterday. Just wondering if one of the mm's took a line of stock, EVO sitting on the offer.

[bridggar] 14/3/2006 13:29

Hmm,

So looking further into these - they have a market cap of just over £9million. Turnover of around £10million and around £4million in the bank and no debt. They are due to issue 500,000 shares at the end of this month in accordance with the schedule for the purchase of LSI. They know of no reason for the shareprice fall. LSI are tied in for 2 years (as of last November) and free-float of shares is limited? (Ian Lenagen owning over 49%, other staff a further 11%)

Have I missed something here????

[bridggar] 14/3/2006 10:26

Looks like the company doesn't know!!!

[charmer1_23] 13/3/2006 15:56

Ok guys/gals, why the big drop here? Thanks. ;--))

[rarther] 25/12/2005 23:05

what do you folks think of the recent acquisition?

[rarther] 20/12/2005 11:41

Oh right... cheers

[dcs1kj] 20/12/2005 11:40

It's still privatly owned. It just kept the TeleWare Plc name.

[rarther] 16/12/2005 16:33

Does anyone know what is happening with Teleware (the arm sold off to a director because it was loss-making)?

Apparently it's a public limited company ()

But it's not on the LSE.

[schober] 26/10/2005 08:48

.......announce its interim results for six months to 30 September 2005 on Monday 21 November 2005. There will be a presentation to analysts at 9:30am on 21 November at the offices of cityPROFILE. The address is 7 Copthall Avenue, London, EC2R 7NJ.

so, no profit warning!

[schober] 25/10/2005 09:09

well theyve made another anooncement at an odd time!!! only just noticed it!


19 September 2005

WorkPlace Systems International plc

WorkPlace Systems International plc ('WorkPlace'), a world-leading supplier of
Workforce Management software and associated services, is pleased to announce
that it has acquired the trade and assets of Labor Solutions International Inc
('LSI'), a leading US consulting firm specialising in retail consultancy and
engineering services for workforce optimisation and in the implementation in the
US of Workforce Management systems.

LSI was established in 1997 by Bob Haworth, who has 26 years' experience in
retail consultancy having previously been employed by Ernst & Young Consulting,
Andersen Consulting and IBM. LSI employs 14 personnel and has offices in Salt
Lake City, Utah and St. Louis, Missouri. It provides the following consultancy
services to the retail sector:

Software Implementation

LSI is a high ranking provider of Workforce Management implementation services
to a wide range of US retailers including 8 of the Top 25 retail businesses in
the USA. Working directly with its clients, it provides the whole spectrum of
labour management implementation and integration services.

Workforce Productivity Services

LSI has a comprehensive database of labour and customer service standards for
store departments across most retail sectors together with a number of bespoke
software tools to measure, model and demonstrate improvements in workforce
processes and productivity. It works with retail clients to identify and then
implement Workforce Management 'best practices' by modelling their changes using
its software tools. LSI is able to provide its clients with quantitative results
for these 'best practices'.

Labor Solutions International Inc will continue to provide independent retail
consultancy in the US with expansion into the UK, Europe and the Pacific.

For the 12 months ended 31 December 2004, LSI had turnover of $2.4 million and a
profit before tax of $169,000. Net assets as at 31 December 2004 were $274,000.

On the basis of the closing price of a WorkPlace Ordinary Share on 16 September
2005, LSI is being acquired for $6.0 million (£3.3 million)*. The consideration
is being satisfied as to $5.4 million in cash on completion and the issue of
three million WorkPlace Ordinary Shares as follows:

On completion 1,000,000
On 31 March 2006 500,000
On 30 September 2006 500,000
On 31 March 2007 500,000
On 30 September 2007 500,000

The vendors of LSI have undertaken to WorkPlace that they will not dispose of
any WorkPlace Ordinary Shares issued to them for a period of two years from the
date of issue. Application will be made to AIM for the shares issued on
completion to be admitted to trading on AIM.

The board of WorkPlace believes that the acquisition of LSI will complement
WorkPlace's business in two significant ways:

(i) The strategic alignment of WorkPlace's USA Sales operations with LSI's
implementation, experience and credibility, creates a significant market
presence and increases the opportunity of securing new business in the USA
for WorkPlace's Workforce Management software.

(ii) The ability to offer LSI's workforce productivity services to WorkPlace's
existing and potential clients worldwide provides an immediate opportunity
for growth.

Ian Lenagan, Chairman and Chief Executive of WorkPlace Systems International plc
commented:

'I am pleased that we have been able to add the considerable experiences and
skill of Bob Haworth and his consultancy team to our company. LSI is a well
regarded and successful consultancy business operating in the Workforce
Management sector in the USA. Its acquisition should enhance our current
operations in the USA as well as providing opportunities to offer additional
services to our worldwide client base.'

For further information, call:
Ian Lenagan, Chairman & Chief Executive, WorkPlace Systems International plc
Mike Wailing, Group Finance Director, WorkPlace Systems International plc
Tel: [phone]

* For the purposes of this announcement, an exchange rate of £1:$1.80 has been
used.

[zinco] 16/6/2005 07:18

news for this company
Article layout: raw
RNS Number:6349N Workplace Systems International PLC 16 June 2005


WORKPLACE SYSTEMS INTERNATIONAL PLC



PRELIMINARY RESULTS


Introduction

Workplace Systems International plc ('Workplace') has traded profitably for the year at both the Operating and Profit before Tax level. Turnover and profits were lower in the second half of the financial year mainly due to delays in customer implementations. The Balance Sheet remains strong with cash balances at the year end of over #8 million.

Workplace has seen greatly increased interest in Workforce Management systems in both the UK and the US, particularly in the retail sector. In the light of these opportunities, the Board announced on 3 May 2005 its intention to commit to a further investment of just under #1 million in additional high-quality, experienced staff in Sales, Marketing and Development. This process is well underway and the Board believes that this increase in staff will improve significantly the medium-term growth prospects of the Workplace.

Financial Results

Turnover was #7.7 million for the year to 31st March 2005 (2004:#10.7million which included #2.0million for discontinued operations). Operating profit was #19,000 (2004: Loss #8.6 million after #8.9 million goodwill amortisation and write-off). Net interest received was #344,000 (2004: #207,000). Profit before tax was #363,000(2004:Loss #7.4million). The corporation taxation charge is Nil (2004: Nil) due to the utilisation of losses brought forward from previous years, a #200,000 deferred tax charge (2004: Nil) arose due to derecognition of deferred tax assets. The recurring revenues received from Annual Use Licences were #3.8 million (2004: #3.9 million) and account for 51% of turnover (2004: 47%).

Cash Flow

Workplace's cash position including money market deposits was #8.1 million (2004: #8.5 million). The Board continues to manage working capital closely to maintain its strong cash position.

Dividend

The total dividend for the year of 0.1p per share comprises an interim dividend of 0.075p per share which was paid on 7 January 2005 and a final dividend of 0.025p per share. The final dividend of 0.025p per share will be paid on 12 September 2005, subject to shareholder approval at the AGM, to shareholders on the register at the close of business on 12 August 2005.

Business Performance of Workplace

The Board has been encouraged by the order intake levels at the start of the current year which has helped to confirm the growing belief that the market for Workforce Management Software is showing improvement for the first time since 2001. We have also signed our first significant contract for a food retailer in the Asia Pacific Region. One disappointment has been a delay in the implementation process for a major US retail company following a successful pilot with uncertainty as to reactivation of the project.

In the USA, where target sectors are principally in the retail and hospitality sectors, sales activity has increased substantially with the established business presence of the Workplace US salesforce who are currently engaged in advanced discussions with a number of leading businesses in these sectors.

In the UK and Europe, performance has continued at steady levels. Regular small to medium sized orders have been received from both Workplace's well established user base and from new customers. Over the last few years, larger orders have been more difficult to close but the Board is hopeful that improving market conditions together with the strengthened sales resource will increase the chances of larger sales contracts.

Orders have been received during the year from a number of significant customers including London Eastern Railway - part of National Express plc, Danish Radio, Metro Cash and Carry, Greater Manchester Fire Service, Jacobs Bakery, St Andrews Hospital Group and Rank Leisure.

Despite seeing increased competition from existing software providers, the Board is optimistic of its ability to meet its growth targets as the Workforce Management Software market is sufficiently large and currently has a very low penetration level.

Strategic Review

Now that Workplace has emerged from the difficult trading times in recent years and is fully focussed on the Workforce Management Software market, the Board has decided that the time was right to review Workplace's strategy. Accordingly, a strategic plan for growth, the Workplace 2010 Agenda, has been approved. The Board believes that the implementation of this ambitious plan should enable Workplace to capitalise on the improving market conditions in the expanding Workforce Management Software market and position Workplace over the next five years as a clear world wide leader in the Workforce Management sector encompassing both application software products and consultancy.

AIM Listing

The board is planning to move Workplace's listing from the Official List to AIM.

Over recent years, the Official List has increasingly focussed on larger capitalised companies and the Board believes that the greater flexibility offered by AIM will be more appropriate for a company of Workplace's size. The transfer to AIM will allow Workplace to pursue its growth objectives in a cost effective manner and will simplify the ongoing administration and reporting requirements. Workplace will continue to be subject to the regulatory and disciplinary controls of the London Stock Exchange. It is expected that dealings in the Workplace's ordinary shares will cease on the Official List and will commence trading on AIM on 8 August 2005.

New Financial Advisers and Broker

The Board is pleased to appoint Altium as its new Financial Adviser and Broker.

Outlook

The further investment to strengthen key areas of Workplace may have a short- term impact but should provide an increased opportunity for medium and long-term growth. However the Balance Sheet financial strength of Workplace provides a strong base to allow the investment programme to be fulfilled and at the same time enables Workplace to take advantage of the considerable opportunities that exist in the worldwide Workforce Management Software market.

Ian F. Lenagan, Chairman and CEO 16 June 2005

[zinco] 03/5/2005 13:23

I wish they would put RNS out AT 7.00AM LIKE EVERYONE ELSE......LOL...

"RNS Number:7950L Workplace Systems International PLC 03 May 2005

Workplace Systems International plc

The Board of Workplace Systems International plc ("Workplace" or the "Company") provides the following update.

Trading for the year ended 31st March 2005 was in line with management expectations. The Balance Sheet remains strong with cash balances at the year end of over #8million. Whilst the Company is seeing increased competition from existing software providers, the trend of regular small and medium-sized orders from the existing user base and from new customers is continuing. Progress is also being made on a number of the larger contracts in the Company's pipeline.

The Company has recently seen markedly increased interest in Workforce Management systems in both the UK and the US particularly in the retail sector. In the light of these growing opportunities, RNS Number:7950L Workplace Systems International PLC 03 May 2005

Workplace Systems International plc

The Board of Workplace Systems International plc ("Workplace" or the "Company") provides the following update.

Trading for the year ended 31st March 2005 was in line with management expectations. The Balance Sheet remains strong with cash balances at the year end of over #8million. Whilst the Company is seeing increased competition from existing software providers, the trend of regular small and medium-sized orders from the existing user base and from new customers is continuing. Progress is also being made on a number of the larger contracts in the Company's pipeline.

The Company has recently seen markedly increased interest in Workforce Management systems in both the UK and the US particularly in the retail sector. In the light of these growing opportunities, the Board is committing a further investment of just under #1 million in additional high quality, experienced staff in sales, marketing and development, reflecting a budget increase of 12%.

Workplace will announce its preliminary results for the year ended 31st March 2005 on 16th June 2005.


This information is provided by RNS
The company news service from the London Stock Exchange



Workplace will announce its preliminary results for the year ended 31st March 2005 on 16th June 2005.


This information is provided by RNS
The company news service from the London Stock Exchange"

I LIKE THIS BIT ....."12% BUDGET INCREASE"....THE QUESTION HAS TO BE ASKED ......WHY DO WE NEED ALL THAT NEW STAFF?...TICK-TOCK,TICK-TOCK..;-)))