Xploite Share Discussion Threads

[lplp] 08/1/2009 09:13

Very encouraging sizable organic growth from these wins plus their run rate business, under normal market conditions these would be flying.

[still waiting] 08/1/2009 08:26

keep trying hummy.

[humbugg] 08/1/2009 08:20

Still Waiting,
cant deal in any size. thats a bummer.

[schlemiel] 08/1/2009 08:15

agree and net debt now only around £1.3M across the company. late 2008 they said earnings exceed expectations with results on 19.01.09.

mcap around £20m

[still waiting] 08/1/2009 08:12

big RNS that one.

[monty panesar] 29/12/2008 16:35

Not long to go now eh Deano!!

deansaunders - 8 Oct'08 - 18:59 - 766 of 793


Target price 5p and then bust sometime after Xmas.

[ziga2] 27/11/2008 13:00

stupid me. yes.

[psareen64] 27/11/2008 12:22

Ziga2 ; Ru getting confused with second RNS regarding disposal. That is from other company to their share holders not XPT shareholders. XPT simply buying a company and they going to integrate into XPT and as for numbers as u can see not released yet.

[ziga2] 27/11/2008 10:38

yes I understand message. but sudden shifts, loss, integration costs, not known customer base, no history of stable margins etc. rabbit in a hat. yes as I read it - rabbit in a hat is nice one but I have not seen it yet so I do not know enough. can somebody explain it in numbers?

[psareen64] 27/11/2008 10:32

Ir4850 :- This the bottom line.

Ian Smith, Xploite CEO said:

"The acquisition of these four units continues to build our managed services business, strengthens our position in the UK mid-market managed services sector and provides considerable opportunities for cross selling. The acquisition is expected to be IMMEDIATELY PROFITABLE, and will become earnings enhancing after integration which is anticipated to take eight weeks".

[ziga2] 27/11/2008 10:13

I do not understand this co anymore. it should be private with these big shifts. I bought different co. at 42p.

[tiltonboy] 27/11/2008 10:00

Ir,

The loss may be restructuring costs. XPT say that it is now profitable, and will be earnings enhancing.

edit - If you read the Contano announcement, you will indeed see that the majority of the losses are restructuring charges.

[lr4850] 27/11/2008 09:45

Not sure if this aquisition is that good; the company made a massive loss. Can someone please enlighten me as to whether this is a positive move?

[lr4850] 24/11/2008 17:26

Thanks Monty

Here's hoping for a prosperous new year for all holders on here. I could certainly do with it.

[monty panesar] 24/11/2008 17:21

This is a comment from the end of last week. It is on 2x EV/Ebitda for the current year. You would think 5x EV/Ebitda would be a very conservative valuation for a company with 25% organic growth. Stock market has gone wrong.


The recent contract wins and trading update suggests there is much positive momentum within the business. We expect this to continue into the new year. On an EV/Ebitda ratio of 2x in 2009E, upside risk far outweighs any downside.


Storage Fusion (previously Itheon) is proving to be a star performer following the two licensing agreements announced to the market. We believe that there is a significant pipeline for the division and these business wins will mean there is an increasing prospect of a materially better performance than we currently envisage next year. The managed service operation also continues to trade well and we expect a strongly rising annualised contract base to be reported alongside the full year results in January. The group's financial position has been substantially improved following the part disposal of the Itheon business for £3.3m we expect it to be debt free in 2009E. The full year results are likely to be ahead of current expectations and the share price does not reflect the positive outlook for next year.

[lr4850] 10/11/2008 21:15

Monty

What is your opinion of a target price?

[monty panesar] 10/11/2008 17:21

Not sure I agree with old Deano!! I believe they will achieve well in excess of £5m ebitda for this year. The reduced debt by more than £6m in the last 6 months..they only have debt of £1.25m...hardly the sign of a company going bust!! They are benefiting from outsourcing of IT by companies looking to cut costs in a downturn.

The SRA business is extremely exciting. It is extremely disruptive technology so much so that a data storage company like EMC will probably take them over in medium term.





deansaunders - 30 Oct'08 - 20:59 - 779 of 782


lots of hot air in these releases. strong sell imho as overvalued.
profit warning can't be far off.


deansaunders - 8 Oct'08 - 18:59 - 766 of 782


Target price 5p and then bust sometime after Xmas.

[lplp] 04/11/2008 09:35

It is a reflection on the market that the share price hasnt had a stronger rise from such positive announcements. The market cap is very low considering very modest debt and such a strong profitable order book. Fill your boots on a 6 month view in my honest opinion. That said I suppose there is also a lot of value in the blue chips - hence the muted response to the share price

[eggbird] 03/11/2008 08:44

3 November 2008

Xploite plc

Year end trading update ahead of market expectations

Xploite plc ("Xploite", "the Group", AIM: XPT), the operator and aggregator of strategic
and high-growth IT services businesses,
announces a trading update for the year to 31 October 2008. The Group now anticipates pre-tax
profit before amortisation to be
substantially ahead of current market expectations, as a result of the two recent Storage
Resource Analysis (SRA) license agreements and
strong trading by its Anix subsidiary throughout the year.

The Group has also announced today that part of the Itheon business has been sold, see
separate announcement.

The Group has also significantly benefited from tight working capital management, the
integration of the businesses acquired over the
last year and from the disposal of part of the Itheon business, so that as at 31 October 2008,
net debt was down to £1.25 million, from net
debt of £7.39 million as at 30 April 2008.

The Group expects to publish its preliminary results for the year to 31 October 2008
during the week commencing 19 January 2009.

Ian Smith, Xploite Chief Executive said:

"We finished the year very strongly and are now seeing real benefits from the active
management of the businesses we acquired both in terms
of organic growth, improving margins and operational execution. At this very early stage in
the year, we are encouraged by our pipeline and
are continuing to improve our forward visibility; however, we remain mindful of the current
economic environment."

[eggbird] 30/10/2008 21:51

Thanks monty, I dont confess to know much about SRA, but it seems that there are a lot of co's out there that are after it, and could seriously benefit from it.....lets hope that as word spreads of how useful SRA is that more and more will want it, and more importantly for XPA, they will be prepared to pay top dollar for it 8-)

Happy to hold on here for some time.

280k traded today, all buys, thats about £100,000 worth of buys V no sells. Says an awful lot imho.

[deansaunders] 30/10/2008 20:59

lots of hot air in these releases. strong sell imho as overvalued.
profit warning can't be far off.

[monty panesar] 30/10/2008 20:31

Eggbird,

Relatively new-last 6 months. I was told to wait until the first Itheon announcement was made as if it is/was adopted it would/could transform the business going forward. The product effectively in 3 hours gives you an accurate read on how much data storage capacity is being used compared to other products that can take weeks to do the same with unreliable results.

A great product in a downturn as saves IT dept's ££££. Not so good for likes of EMC.

In a relatively short time SRA could be bigger than the rest of the business.

Monty

[eggbird] 30/10/2008 13:45

My view for what it is worth is that one of these deals may not be all that significant, but now we have 2, in 2 days, and the CEO stated, 'first of many over the coming weeks', and 'tip of the iceberg', so these are going to add up to something fairly / very significant, especially in terms of XPT's current earnings, and market Cap.

Im happy to hold and find out the true value, both payments will be included in the current fianancial year, so not too long to wait. Time will tell I guess!

[lplp] 30/10/2008 12:41

No hard currency/numbers mentioned in these order announcements, does anyone have a view on how significant they are?

[ads1978] 30/10/2008 11:06

Another licensing agreement signed!

Xploite plc Licensing Agreement with Computer Data Source (CDS)

Xploite plc ("Xploite", "the Group", AIM: XPT), the operator and aggregator of strategic and high growth IT services businesses, announces that Itheon, the Group's business solutions software subsidiary, has signed an agreement to license its Storage Resource Analysis (SRA) software to Computer Data Source Inc (CDS), a US-based provider of IT services with a focus on Hardware Support Service Solutions.

The agreement includes a one-off payment in the current financial year for hosting the software and then the payment of subsequent royalties. This is in addition to the SRA licensing agreement with Glasshouse Technologies, Inc., announced on 28 October 2008.