Workplace Systems Share Discussion Threads

[mudbath] 17/5/2010 17:40

Extracted from Infor's updated web site :-

Task Management -The most requested retail solution in 2010.
Leverage Experience-WorkBrain
============================

"The newest module, Infor WPM Task Management,powered by WorkPlace Systems is designed to help retailers solve THEIR MOST COMPLEX LABOR CHALLENGES.

With more than 2000 retail customers,140 of the worlds top brands and almost FIVE MILLION retail associates BEING MANAGED BY OUR PRODUCTS,Infor WorkBrain has the experience to help get the most out of task management solutions and the technology to do it."

VERY VERY INTERESTING.

[mudbath] 16/5/2010 09:34

Results expected on June 18th 2010(unconfirmed).

[mudbath] 13/5/2010 09:54

Incredible, that at the most exciting, momentous times in WSI's short history,no press release has been forthcoming regarding recent developments since January !!
For those of us still adding,the fall in the share price is particularly good news.
It just means that once the scope for dramatically increasing revenues becomes apparent,the rally in the share price will be even more spectacular.
All imo of course.
Mud.

[firth] 26/4/2010 09:12

Very pleased the MM let me have 10k at 8.75p.

[johnb5] 22/4/2010 16:51

Mudbath,

Point taken.

Confirmation of these substantial revenue streams is what I'm looking for before I add to my holding. Hopefully this will be before the general investment community catch on.

[mudbath] 22/4/2010 15:07

When yo say "We" johnb5,do you mean the general investment community who havn't got a clue about WSI's recent progress or potential(and don't care,yet.)?
OR
We,being avid thread readers,who meanwhile, have an ample selection of unbiased comment,undoubtably confirming that WSI is indeed on a roll.

[johnb5] 22/4/2010 13:40

Mudbath,

We just need some evidence that, "with Workplace roaring ahead with its business development and establishment of substantial revenue streams", this is the case. Then the market might wake up to the potential here.

[mudbath] 22/4/2010 13:10

If only a quarter of the world's loss of output during the recession were to prove permanent, the present value of these losses could be as much as 90 per cent of annual world product.
The financial sector has become bigger and riskier. The UK case is dramatic, with banking assets jumping from 50 per cent of GDP to more than 550 per cent over the past four decades. Capital ratios have fallen sharply, while returns on equity have become higher and more volatile.Leverage is the chief determinant of returns on equity and increased leverage also explains the level and volatility of banking returns. Finally, the banking sector has also become substantially more concentrated.
The progressive rise in banking risk and an accompanying widening and deepening of the state safety net is a "Red Queen's race; the system is running to stand still with governments racing to make finance safer and bankers creating more risk. The route was via liquidity, deposit and capital insurance. Mr Haldane notes that rating agencies value government support for banks. Government support must surely provide a part of the explanation for the low yields on bonds issued by these massively leveraged businesses.
The combination of state insurance (which protects creditors) with limited liability (which protects shareholders) creates a financial doomsday machine.
For me most share prices are involved in "Red Queen Races",with speculators driving up prices,whilst the relevant companies strive to keep up with raised expectations.
In the case of WSI we fortunately have the reverse,with Workplace roaring ahead with its business development and establishment of substantial revenue streams, whilst the share price continues to languish.
With thanks to Martin Wolf and Mr. Haldane.

[mudbath] 14/4/2010 17:36

johnb5,
Masurenguy's view:-

"I'm sure that they will in due course but they might currently be constrained by confidentiality clauses that may apply until the roll out, training and initial troubleshooting has been completed."
His contention could well be correct in regard of the as yet unnamed tier 1 North American client.

The reason for their not releasing news of the partnership with Infor is however,in my opinion, the same as that which might well apply to the major US client,namely that WSI wish to showcase and showboat their progress when presenting the final accounts in June.At that time I believe that the identity of several, not just one major client will be revealed together with more detail of the potential for the Infor parnership to produce significant recurring revenue streams and profitability.

Edisons,who are normally very explicit and informed in their reviews of Workplace,were very short on detail in their recent update.Again I feel this reflects a direction from WSI.

I will be most interested in Edison's forecasts for current and future years(when next updated) as their existing projections are modest at best.

[johnb5] 14/4/2010 11:19

Mudbath

Why have WSI not announced to the market the Infor partnership or the Workplace SAAS deal with a tier 1 US retailer FOR 4000+ unit?

[mudbath] 13/4/2010 16:53

Interesting that the covering broker's forecasts,although adjusted downwards following the trading update,still predicts a dividend of .10pence for the year.Can't see it myself,although the cash would be welcome as would be the bullish sentiment implied by any such distribution.
Good of someone to supply the market with 100,000 shares today.Notwithstanding this disposal,it remains possible to sell WSI stock at above the quoted middle price.

[philjeans] 12/4/2010 09:32

More buying this am; not huge but significant.

Lots of blue sky up there.

[mudbath] 10/4/2010 13:53

When battlebus posed the question on Friday, as to whether WSI would finish on a high that afternoon,it seemed like a shoe in to say "yes" as the bid was already at the quoted mid-price of 8.25pence.That scenario remained in place for most of the day with the MMs' bidding for stock,in size,at 8.98pence towards the close.
Fully agree with your post Masurenguy.I just like both points of view to be aired as this helps prevent irrational exuberance.

[johnb5] 09/4/2010 14:34

There appears to be something big going on in the background here and it's being kept under the radar. IMO.

[masurenguy] 09/4/2010 10:07

An accounting technicality ! The difference in cost and the accounting treatment between SaaS and licensed software should not be particularly significant in the overall scheme of things especially when one considers the additional efficiencies that it should bring to the enterprise which is the raison d'etre for acquiring it in the first place. Furthermore SaaS provides other operational advantages - as a service the vendor has to provide 24/7 support, it gets automatically updated and a whole array of requirements such as improvements, amendments, troubleshooting and new versions should happen seemlessly.

I think these issues are far more significant than any financial issues such as whether the cost is treated as an annual operating expense or can be written down as capital depreciation in the books !

[mudbath] 09/4/2010 09:49

Negativity always welcome :-

"Adopting Software-as-a-Service (SaaS) might be widely seen as a way for enterprises to cut costs and speed deployment, but things may not always be as they seem, according to industry analyst firm Gartner.

Robert DeSisto, an analyst at Gartner, agreed that SaaS applications have a lower total cost of ownership (TCO) for their first two years because they do not require large capital investments for licenses or support infrastructure.

However, they lose that advantage from an accounting perspective beginning in the third year of a deployment, he said. That's because on-premises applications depreciate as a capital expense, while SaaS applications are booked as operating expenses and cannot be depreciated.

"With SaaS, the expense never goes down," DeSisto said. "If you do not have a major upgrade, which could be anywhere from 30 percent of the initial cost up, then there's an opportunity for [on-premises software] to be less expensive than SaaS."

[mudbath] 09/4/2010 09:16

battlebus-It depends on your definition of "a high".
If you refer to a closing price of 8.625 pence or above for WSI shares then "assuredly so" would be my opinion.

[battlebus] 08/4/2010 22:31

Thanks Masurenguy was tempted but will wait till next results now. Sorry MUD back to Workplace nice to be back to 9p to buy. Can we finish the week on a high.

[masurenguy] 08/4/2010 22:20

battlebus - I took my profit and sold out of WORK last week.

[battlebus] 08/4/2010 21:09

Get what you are saying. o/t Masurenguy are you still holding shares in The other work' most pi's seem to have taken their profit and run.

[masurenguy] 08/4/2010 19:11

I'm sure that they will in due course but they might currently be constrained by confidentiality clauses that may apply until the roll out, training and initial troubleshooting has been completed.

[battlebus] 08/4/2010 18:00

Wonder what reason they have for not releasing the name of the 4000 outlets. Can see the publicity as a benefit.

[ravel morrison] 08/4/2010 14:23

If truth be told ive traded this for years and now have holding 4x what i started with.....;-)

[johnb5] 08/4/2010 13:56

Ravel,

That begs the question why you have been here so long?

[mudbath] 08/4/2010 12:38

Del Boy summed thigs up here, oh so well.

" CUSHDIE !!! "