OmniChart

SMDR one4all 21 Nov 2014

Re: this aint over SONA deal can still be done by ophir after they take over SMDR, then OPHIR would be the biggest winners here. I await SONA offer for the whole SONA offer at 125p will come IMHO

CRND sinn 21 Nov 2014

With regards to my previous message concerning the \\\\\rns dated 12.6.2012 I believe CRND upgrade the resourse gold to inferred gold a dfference of $5.40 per oz or on 30m oz about $162M to be added on to the price

SRP gamesinvestor 21 Nov 2014

Hadn't read thsi before previous post The outlookSerco is facing a very difficult couple of years. trying to do too much, it has been lumbered with lots of contracts that are losing money. This problem is so large that the company is taking a £1.5bn hit that will smash its balance sheet to bits: shareholders’ funds were just £1.2bn beforehand. Debt is also going up and will probably average over £800m this year. In a nutshell, its financial position is unsustainable. So it is going to have to raise lots of cash to get back on a stable footing. It will do this by selling off businesses it no longer wants and by asking shareholders for £550m in a rights issue early next year. Rights issues have a tendency to frighten investors. With Serco this looks to be justified. Any rights issue will probably have to offer shareholders new shares at a big discount to the prevailing share price, to get them to sign up.But getting back to a sound financial position is only the beginning of the process. What’s of more concern to shareholders is that the company’s profits could continue falling for some time to come. In 2013, trading profits were £285m. This year they are likely to be £140m, at best, before falling further to £100m in 2015. Soames reckons that things could still get worse than this. He reckons that revenues could bottom out as low as £3bn in 2016, with profit margins of possibly 2%, suggesting trading profits of just £60m.The trouble with Serco – and a lot of outsourcing companies – is that it is very difficult for outside investors to work out what kind of sustainable profits it can make. The problem is that it’s just not as easy for these types of company to make money as it used to be. Competition has increased and is putting pressure on profit margins. Governments have also wised up and are now a lot smarter at getting value for money for the taxpayer. A lot of risks – such as cost increases – have been passed back to the contractor.Soames has tried to offer some hope for better times in the future. Serco is going to concentrate on things it is good at, such as defence, justice and immigration, transport, citizen services and health care. It reckons that these areas can offer rates of sales growth of 5%-7% a year with profit margins of 5%-6%. If this is achievable, then perhaps Serco could be making £180m-£200m of trading profits in five years’ time. However, at the moment, Serco has an enterprise value (the market value of its shares plus average net debt) of just under £2bn, which implies the kind of sustainable profits it hopes to make are a given. That is a brave assumption to make. With a big rights issue yet to come, Serco’s shares are still trading at far too high a price to make them worth a bet.Verdict: avoid

INTQ Chip_Scashtin 21 Nov 2014

Up she rises... Likes a bit of volatile this one! I think our tree just got shook. (hanging on eyes tight shut)

CRND sinn 21 Nov 2014

mistake date of report 12.6.2012

CRND sinn 21 Nov 2014

Independent person report 12.6.2012 date 12.6.2014 gold price $1600 value of CRND low $147m mean $201m high $255 total for 36 million oz any comments

WIN Tenobas 21 Nov 2014

Re: WIN Chart Breakout. Very Bullish I guess the important question iso WIN's contracts charge separately for fuel. If by the charging formula the customers effectively pay for the fuel then WIN benefits not at all.The accounts suggest that the price of fuel is not hedged and this weakly suggests that fuel is charged separately."Effective portion of changes in fair value of cash flow hedges (0.2) (0.7)"

GHT Roundish 21 Nov 2014

Contract extension On the face of it this sounds minor but I read this as very positive since:- a) CTC has been licensed per project hence each new project seems to attract additional feesb) the customer wouldn't be buying it again unless they were satisfied that it worked well on in the first two instances which in turn sends a very positive message to potential customers of Gresham, i.e. it works.There is no mention of numbers again but given this is an RNS, it indicates that this moves the needle commercially or financially or both (hopefully in more than just marketing terms) albeit the financial impact seems to be deferred into 2015.A good news day!

AVP Jimothy 21 Nov 2014

Re: Highs I did mail III a few months back about the issue....go tthis response:I apologise that this appears as a sell. However the system itself is automatic and does not know if it is actually a buy or a sell. It goes by what the bid and ask price at the time is and what the trade price was. However I raised it with our IT department to query if this can be resolved.

SHG Rogen83 21 Nov 2014

Re: Gold price going Higher $1205 oz last price

MWA Rogen83 21 Nov 2014

Gold $1207 oz on the move

7DIG coldascheese 21 Nov 2014

SUBSTANTIALLY UNDERVALUED read[link] anylists price target was BEFORE latest deals.

CRND jjpieterse 21 Nov 2014

RNS: Another offer on the table from Ankong!!!!!

FLG Workingstiff 21 Nov 2014

Re: FLG Chart Breakout, very positive The £300m share buy back is helping it up also

OUT city watcher 21 Nov 2014

Piers Linney is quietly confident It's been anything but plain sailing for cloud service provider Outsourcery (OUT) since listing on AIM at 110p in May last year. The shares have slumped to 15p. Set up by Dragon's Den star Piers Linney in 2007, revenue has been slow in coming and investors have been put off by funding fears. And while the business plan does seem credible, investing here requires a leap of faith.Linney certainly remains bullish. "In the next 18-24 months we believe this with be a valuable business, worth much more than the IPO price," he told Interactive Investor.And both Linney and business partner Simon Newton have invested heavily in the company. They made over £1 million each when they sold down their stakes at the IPO, but have since invested over £200,000 apiece in a recent net £1.5 million placing at 20p. They've also agreed a wage cut which will save £520,000 over the next 12 months, although lucrative share options sweeten the pill.That placing and salary sacrifice was part of a package of measures worth £4.5 million, which also included £1 million of staff cuts and debt rescheduling to generate £1.5 million of free cash flow. It also means Outsourcery will not need to raise any more cash to get to profitability, Linney told us. He expects monthly run rate break-even and operational positive cash flow in 2015.Clearly, there have been problems. Partners have come on stream much slower than expected, always an issue when dealing with big organisations. That explains modest revenue of just £3.4 million in the six months to June 2014, which includes no contribution from key strategic partners.With hefty admin costs of £4.8 million, Outsourcery made an underlying pre-tax loss of £3.6 million during the period. But it's the top line that's important here. Its main cost is people, and spend doesn't increase much whether the business is generating sales of £1 million or £50 million."The model isn't broken, it's just delayed," says Linney. "If Vodafone (VOD) and Microsoft (MSFT) thought we weren't special they wouldn't be working with us."Outsourcery focuses on the delivery of services based on Microsoft technologies; things like servers and emails. It designs and deploys cloud services for partners, which it then bills monthly based on usage and storage. Others are charged a monthly fee. Contracts are typically for three to seven years.Interestingly, the company is also working with Microsoft and Dell (DELL) on highly secure cloud services for central government. Linney tells us that Outsourcery is one of only two UK companies capable of doing this on scale, and hopes to generate revenue from it during the first quarter of 2015.House broker Investec Securities is obviously a big backer of Outsourcery. But even it admits its own forecasts "require material deal traction" in 2015. "As soon as this deal flow builds, sentiment around the sales potential and balance sheet strength should improve.""Until we see evidence of this we expect the stock to continue to be volatile, but retain our Buy based on the long term potential of the business," it adds, although the target price is slashed from a widely ambitious 130p to a more modest 71p based on an enterprise value-to-sales ratio of 2.Keep an eye on this one. As soon as there's evidence of greater up-take then the shares could fly, but it's clearly not one for widows and orphans.Now the 'Microsoft Cloud Solution Provider Programme' has the involvement from 'Outsourcery' things should well ' hot up 'The Microsoft Cloud Solution Provider Programme allows Outsourcery to provide direct billing, sell combined offers and services, as well as provision, manage and support Microsoft Cloud offerings, such as Office 365. The programme is designed to strengthen customer relationships and expand Cloud sales opportunities by enabling partners to provide direct billing, sell combined offers and services, as well as directly provision, manage and sup