I bought shares in this company at 4.5p in September 2003. I see they are rising. Can anyone tell me please the growth potential for this company as they have just been awarded several new contracts ?

From Investtech based on yesterday's close:

Buy Candidate (Medium term) - Dec 12, 2003
Has risen 783% since the bottom on 13 Jun 2002 at 1.50. Is within a rising trend and continued advance within the current trend is indicated. On reactions back, there is support against the floor of the trend channel. The volume balance is positive and strengthens the stock further in the short term. The stock has support at p 1.55. The average difference between the highest and lowest price of the month is 41%. The risk is therefore high.

Sue.

CWV - 13.75p .. its rise of last month from around 4-21p was spectacular to say the least, but it was a case of too far, too fast, so it now needs a period of 'consolidation' to build up its strength again.

Its 'consolidation range' is 12-16p, so not a bad range, offering a nice profit if bought at the bottom, and sold at the top. Also a buy upon a breakout of 16p, and a sell should it close below 12p, cos it will probably head off down to 10p again, and it can then be bought cheaper !!

Its significant that it has decided to consolidate around the 15p level, where it started out in 2000, and would suggest that it has no intentions of returning to its basement ranges, and is hoping to continue upwards once it has the strength.

Shares Magazine 11th - 17th Nov.

Play Update:

CMS WEBVIEW (CWV) 14.75p BUY

Tipped on 6 November at 4.75p, CMS rocketed to 20p before profit-taking. Next week we expect it to unveil a 2.5 million fundraising at no less than 12p per share. The cash will fund CMSOs assault on the US. After the issue, the shares may become less volatile as the market value should top 10 million. Target price 20p.

Sue.

The shares have already become less volatile, and in my view are a good buy at these levels.

Theres a lot of good reading on the companys website www.cms.co.uk

"Business Review
The Company continued to provide products and services in the areas of real-time data supply,data management and systems development. The TDI product has become an increasingly significant contributor to turnover with more successes in sales to major exchanges, including the two largest futures and options exchanges in the USA, the Chicago Mercantile Exchange(CME) and the Chicago Board of Trade (CBOT). Sales of TDI to such organisations typically
consist of a core software license, client specific software development and project management together with subsequent ongoing support and/or licensing agreements.

Outlook
For the remainder of the year, the Company is looking to exploit its successes with TDI and negotiations continue with other exchanges who are potential users. Sales of TDI are large ticket items and consequently have a significant impact on the Companys income and financial performance. The timing of such new sales will therefore have an impact on the end of year results. The Company is seeking also to achieve increased income in the traditional quote vendor market sector via its wholesale DDF product and the new end user ProphetX product, marketed by CMS in the UK as a result of its exclusive agreement with DTN.
These interim results represent a very encouraging trend in the Companys performance achieved in difficult market conditions."

That was a snippet from the june 03 interim report.

Note in particular, that funds raised will be used to push sales of the big ticket TDI product in the USA.

These are worth in excess of 500,000 each and as said above they have a significant impact on bottom line.

Losses for the half year were just over 100,000, reduced 66% and turnover grew over 50%.

If any of the "negotiations with other exchanges" lead to sales of the TDI product, then profit for the full year to may 04 could be impressive.

Look for evidence of institutional investor confidence, and director confidence in any announcement on 22dec.

Shares Mag looked for profits of 5-10million in 2006.
Always dangerous to reveal targets to others (ridicule can be a downer!) but here goes:

Profits to may04 ~400,000, p/e 50, price target 20pence
profits to may05 ~1,500,000, p/e 45,price target 76pence
profits to may06 ~3,500,000, p/e 40,price target 1.59

Now from these levels thats a 10 bagger in 2&half years. Lot of ifs, buts and water under bridges to go, but my predictions are still WELL UNDER the shares mag figures.

3.5mio is only 7 TDI contracts! And 3 years and 2.5mio quid in the bank to get them!

Thanks thestatusquo.

I am still vey bullish on these for the next few weeks and the longer term picture.

The recent placing will have secured additional funds this will be used on marketing the TDI product in the US. The accelerated marketing will result in more client wins for the TDI product.

The future is very good for CMS, good products, competitive, exposure to the lucrative US markets and above all quality management.

A Summary of CMS Webview:

Years of Research and Development, Global partners, Quality management, small market cap, exposure to global markets, good cash position and backing from quality tip sheets.

All the ingredients needed for the company to become an international player and a very successful company that have been described above CMS do have.

Best Wishes,

Sue.

Source:advfn,

"One thing for sure fireworks will fly when we eventually get confirmation that funding is in place...and the US market is being attacked aggressively with TDI...and Europe with ProphetX...and none of us have even started to work out what their plans will be with Cinnober's CScreen....

Personally I find the timing of the Cinnobar announcement and the fact it was NOT released as an RNS of particular significance !!!!!!??

Somehow this fits into the game we all know is being played right now...I've just not quite put the pieces of the jigsaw together in my mind yet....anyone like to have a few guesses !!??"

Is it possible Sue that progress on TDI contracts will be announced?

Whether they are or not, after the fundraising the new company house broker is likely to increase the exposure of the company.

Expect other tipsters in the media to pay attention to the stock after the fundraising.

Market in general will probably fly tomorrow morning.

DOW held over 10,000 and Saddam captured alive in Iraq. Markets hate uncertainty and that news will be received positively.

Saddam capture could reinforce markets
AFX
UK and U.S. stocks are expected to rally Monday after news that former Iraqi dictator Saddam Hussein was captured in his hometown of Tikrit.

'Ladies and gentlemen, we got him,' said L. Paul Bremer, U.S. administrator in Iraq, at a press conference in Baghdad. 'The tyrant is a prisoner.'

The news comes at a key time for stocks, as they open their first week of trading above the 10,000 level in more than a year and a half.

The Dow Jones Industrial Average finished out the week at 10,042, holding onto the 10,000 barrier for the second straight day. The Dow rose 180 points, or 1.8 percent, over its week-ago level of 9,862.

The Nasdaq wrapped up the last seven days at 1,949, up 12 points, or 0.6 percent from its week-ago level of 1,937.

The S&P 500 closed at 1,074, up 13 points, or 1.2 percent, from its week-ago level of 1,061.

Fund managers are jostling to wrap up their portfolios for the year, and the overall investing public is often in a buying mood around the holidays.

And, next Friday marks the last triple witching day of the year as index futures, index options and options on stocks all expire.

Mark Hulbert of the pointed out that December ranks fourth behind July, August and January for the best performing month in the stock market, based on a survey of all monthly changes in the Dow Jones Industrial Average since 1896, when this benchmark was created.

Hulbert concludes that the stock market usually moves up between Dec. 24 and the first five trading days of January, but warns that the move is actually 'part of a much broader seasonal tendency that often is referred to as the Seasonality Timing System.'

Peter Cardillo of Global Partners Securities said he's looking for the Dow to possibly move up to near the 10,200 mark by the end of the year.

'The momentum is still for higher prices,' he said. 'The economic numbers continue to support a good market going forward, based on strong economic activity and growing corporate earnings.'

He's looking for sector leadership from technology names into metals and other commodities.

It's also going to be a busy week for initial public offerings, with a $3 billion IPO from China Life , a $264 million debut from online travel firm Orbitz plus seven other deals.

Economic calendar

The consumer price index and the current account of the U.S. deficit are due Tuesday.

Economists are expecting a rise of 0.1 percent in the CPI on the heels of price increases in natural gas, fuel oil, agricultural and livestock commodities.

November housing starts of 1.91 million are also expected on Tuesday, as the real estate sector weighs in.

On Thursday, the Conference Board's index of leading indicators is expected to rise by 0.3 percent for November.

Economists at Goldman Sachs said Friday in a note to investors that they are 'more optimistic about growth' with a rise of 4 percent seen in gross domestic product in the first half of 2004, followed by 3 percent in the second half.

Friday action

The major equity indexes rose Friday, rallying despite conflicting signals about the health of the economy.

Early gains followed news of an unexpected decline in producer prices, but the advance evaporated upon release of a disappointing measure of consumer confidence.

The Dow Jones Industrial Average gained 34 points, or 0.3 percent, to close at 10,042.16, while the Nasdaq Composite added almost 7 points, or 0.3 percent, to finish at 1,949.

The S&P 500 index edged 0.3 percent higher to 1,074.14, while the Russell 2000 index of small-cap stocks added 0.9 percent at 547.59.

'The path of least resistance seems to run to the upside in this market,' said Art Hogan, chief markets analyst with Jefferies & Co.

Breadth within the Dow Friday was positive with 19 of the 30 components moving higher.

United Technologies was the top advancer, gaining 2.6 percent after the company affirmed its earnings expectations. The stock was among four in the Dow hitting 52-week highs in midday action. The other three were Coca-Cola, Honeywell, GM and Walt Disney.

The biggest decliner was AT&T, which lost 3.3 percent. SBC Communications fell 1 percent despite upping its dividend. Boeing, GE, which also boosted its payout to shareholders, J&J and Wal-Mart were also notably weak.

Check out other individual stocks making significant percentage increases or decreases in price in

Volume totaled 1.21 billion on the New York Stock Exchange, and 1.45 billion on the Nasdaq. Breadth was positive in the broad market with advancers outpacing decliners, 21 to 12 on the Big Board, and 19 to 12 on the Nasdaq.

Bonds gain; gold benefits as dollar weakens

Treasury prices gained ground, pushing benchmark yields to three-week lows, following the economic data. The U.S. dollar saw mild losses versus its rivals as traders focused on the widening trade gap.

A spike in heating fuel prices lifted crude futures above $33 per barrel for the first time in a month. January crude climbed to a high of $33.20, a level the futures market hasn't seen since mid-November.

February gold closed at $410.10 an ounce, up $4.70 for the day and $2.80 for the week.

U.S. wholesale prices fell 0.3 percent in November, the first decline since May, the Labor Department reported Friday. The core producer price index for finished goods, which excludes volatile food and energy prices, fell 0.1 percent, the first decline since June.

Economists were looking for a gain of 0.1 percent in the November PPI, according to a survey conducted by CBS MarketWatch. The core rate was expected to be unchanged.

The U.S. trade deficit widened by 1.0 percent in October to $41.8 billion, the Commerce Department said. The trade deficit was slightly above the consensus forecast of Wall St. economists.

Yes thestatus quo.

I think we could break out tomorrow from the consolidation base of 13-14.5 pence tomorrow, possibly touching the 20 pence levels this week.

Found out from Investtech that the new resistance was at 22.88 pence so maybe could see a rise touching the resistance level off just shy of 23 pence.

Sue.

I do think a TDI contract could be announced with the fundraising the following week. Would be a great time for CWV to be announcing their major push into the US markets with the international markets doing well again.

Sue.

A note from their new broker Corporate Synergy will be issued straight after the fundraising too.

Have a great evening all.

Best Wishes,

Sue.

Shares Mag stated that the issue will be at no less than 12pence, representing a discount of just over 20% to the 15.25pence.

This is a buying opportunity at these levels.

A lot of positives going forward now in place;

- new broker appointed
- fundraising expected to be fully subscribed if not over subscribed
- investor confidence returning to markets, trading volumes increasing
- current weak dollar presents great time to invest in the USA
- improving investment in IT infrastructure by US firms
- partnership deals being announced
- volatilty in price decreased, new market maker appointed

All in all, these price levels for the stock may not be seen again if the fundraising proves to be a launch pad for significant growth in revenue.

As always DYOR, but my thoughts are buy a piece of the action at these levels and dont sell. Rewards are there for the patient.

All your ideas put forward are very encouraging statusquo, however, we all have to be sensible when investing in a small cap like this..... 2 weeks ago few peoples bet their lives saying this will reach 50P by xmas. (to me that was PURE ramping). I must say i bought into that idea and bought at high price, i should have trusted my instints.

Here are some of my thought for u all.

A weak Dollar is not very good for the company if it reports earnings and/or sells in GBP. (not at this present time when GBP is at its strongest in a decade). I will do better if it breaks into the UK market and Europe with its TDI

Large customers will think twice expending large amounts of money. In fact they are getting their balance right by cost cuttings and that's how they manage and will manage for the next 2 years. A prime example of this is Reuters the global financial information provider. A strong competitor of CMS Reuters had more cancellations than new customers in the last 2 years. They forecast no growth in this kind of industry for the next two years!!! The same thing goes for bloomberg.

I do feel this share will break the 20pence barrier but not sure if in the short term.

Its nearly 11am and the share price has not moved, low volumes. Too quite for my liking!! Anyway, for those who said this will (perhaps!!) shoot up today, Im afraid has not happen. Please when suggesting psedo-ramping comments, bear in mind there are others who are new to this and may end up loosing money.

I am not sure whether the share price will go upward even when the fund raising is announced. I feel the price we see now is already a product of the fund raising. I think a TDI contract will be have more of a positive impact on share movement. any views on this?? thanks

Xmortal...not sure if your comments were directed at me. I do give balanced information, along with reasoned judgement, and have over 25 years experience in the markets and have a good understanding of them. I only post on boards where I am an investor. I do have a 200k shareholding in this company, and I take a personal view over a couple of years. What I wrote yesterday was as follows...

After 5 days of consolidation on falling volumes, the price has settled at 13.75p, dead in the water all day Fri! The next move will be up, and it should be strong (likely with no reason for the move). As fingers said (one of the best chartists on ADVFN) once it flys past 16p you will see buying vol steping in. (this is because it will have broken through the resistance level, and this generates a buy signal on technical software)I expect to see this happening next week, it could be Monday. We have a full week left before the EGM. It is likely that we will have a couple of days risers followed by profit taking, then price stabilising at the new levels in the 20p region. It could of course stay flat all week,but there is the old saying "buy the rumour sell the fact" and I think that is whats going to happen here.

I do not possess a crystal ball, so I cannot tell you the day of the week it will happen. What I do believe is, come the 1st January you will be sitting with a nice smile on your face looking at a share price that is a lot higher than it is now, and if you continue to hold through the next 12 months, this will probably turn out to be the best investment you have made.
Regards
AXE

imho funding already dicounted.