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 ?

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.

xmortal, I take your points but,

weak dollar now means the 2.5million raised buys more US Dollars for investment in the USA. A weak dollar now is a benefit.

In a years time when earnings start to flow in dollars, it THEN becomes beneficial for the dollar to be weaker, therefore translating into higher sterling profits. It is highly likely that the dollar will indeed strengthen as US growth picks up in election year.

axe79, I am not a technical expert, but I take your points about the charts. Would you agree that the stock seems to be base building here?

momentum, IMHO the fundraising is already discounted, and I think that is suppressing upward price action for now. I think once it is out of the way, and new investors come onto the share register, the stock will move higher.

Statusquo. The comments about ramping were not directed to you. I see your point in the weaker dollar will benefit CMS advertising. However, I am quite sceptical about how fast the dollar will become strong again. It has been a nearly a year since the Euro surpassed the Dollar and there is not signs, even now of the upward movement. The Dollar needs to be weak in order to increase their exports and decrease their imports, protect their now fragile economy against any blows that may come along in the next two years. I do hope CMS does well cos i hold shares at high prices but I feel it will not achieve a 50-75 pence by late 2004.

One question to all. How many institutions similar to the ones CMS sold its TDI exist in the USA; and how many of those you sincerely think CMS will sell their TDI in the current cost cutting climate? I feel CMS shares will achieve 50pence by late 2004 if at least 2 TDI are sold. I am taking into account their 2 interims announcements, possibles 2 TDI sales and a weak dollar. Any views? Anyone?

Guys...re the US and global expansion of TDI....you need to remember also where CWV came from...an MBO from Liffe...and who provides the core system to CBOT and the interface to the CME...you guessed it Liffe !!

So it is not just CWV battling on its own in the global marketplace ....they are an integral partner of Liffe who are also pushing their products into the US and global financial institutions at the moment...CWV also has a close commercial relationship with TDN who developed the ProphetX software...TDN are also a development partner at CBOT and many other major US institutions....plus the new relationship with Cinnober who also have contracts with major US and European financial institutions....so in my view CWV's push into the US & global markets with TDI will not be a standalone approach...but one where they will work closely with their partners to help secure further contracts quickly and cost effectively....2.5m goes a very long way if you use it sensibly !!

xmortal, I am confident if you hold, you will see a profit on your investment.

The fundraising, as was pointed out to me in a previous post, is not rescue money. It is to provide a platform for growth in sales and profits.

The company has products and a strategy. I think the cost cutting cycle in IT investment is further on than many imagine. I genuinely believe we are on the cusp of an investment recovery.

The financial services industry in the USA is massive, and their appetite for market information is huge. I cant guarantee which companies will sign up, but the target market is massive.

gameboy, your points give me further confidence for the long term.

I knew the company was formed by way of MBO, but I wasn't sure if a partnership arrangement still existed with LIFFE.

I take your points about a partnership approach in the US. It would appear that opening doors wont be a problem.

Post fundraising, market cap will be about 10mio. That seems a bit cheap. Do you have a view?

thestatusquo....I can only say that the market decides market cap...and there are always wide variations across sectors and stocks as to what represents fair value....the question to me is to what extent a company is unique in its marketplace such that it will be a dominant player no matter what size it is today...that may be through being ahead of the game with world beating technology or being able to restrict competition through patents/IPR/etc....

Now I have to admit to not being a technical expert in such matters..but when the Chicago Board of Trade select a small UK software house to help develop a high profile/high risk system for them...I for one take note of what they said:

CBOT Selects CMS WebView plc to Develop Its New Data Feed
For Immediate Release

March 17, 2003--The Chicago Board of Trade (CBOT), one of the worlds leading futures exchanges, has selected CMS WebView plc (CMS) to develop its new market data feed.

To be developed using CMSs market leading TDI Network architecture, the new solution ultimately will enable the CBOT to deliver a high-speed market data feed from its new (LIFFE CONNECT) electronic trading system alongside data from its existing sources.

CMSs TDI Network architecture is increasingly being recognised as industry standard technology in the area of exchange data distribution. Benefits of TDI include its wide range of proven input and output interfaces, together with inbuilt network resilience and significant data flow capabilities. Versions of the software are already in operational use at organisations including the London Metal Exchange (LME) and the Chicago Mercantile Exchange (CME).

Bob Antell, CEO of CMS WebView plc commented: We are very pleased to be working on this project with the CBOT. It builds on our proven expertise in this area and can only reinforce CMSs position as a world-leading provider of market data feed solutions. It also acts as formal recognition of CMSs experience in successfully interfacing TDI to the LIFFE CONNECT electronic trading system in addition to previous TIBCO and OM Click based installations.

Steve Dickey, Vice President of Market Data Products and Information at the CBOTsaid: CMS WebView plc has established a solid reputation for delivering its data solutions on time and within budget. We are confident that CMS will be able to fulfil the requirements of the CBOT in the area of market data distribution. One of the deciding factors in choosing CMS was the companys proven market knowledge and business experience in the areas of exchange data feeds and operations.

Yes the stock is base building, I am expecting a re-rating from CSYN shortly after next mondays EGM. The dilution of 30m shares is already factored into the price. Strong buying momentum should happen over the days running up to Xmas with the price flowing upward. All the information, actions of this company are excellent, and the holders who are on board have got in whilst the company is in its infancy. This company will be a major player on the world markets in an extremly short time, and this will be reflected in the share price, being a 10 bagger from these levels over the next 2 years. IMHO
AXE

axe79 couldnt agree with you more

Gentleman and SueHelen, the current price drop was not unexpected (see previous posts that give reasons for the suppressed price). Anyone expecting a price increases prior to the EGM, which will authorise the rights issue to proceed, would do well to take account of what has gone on so far and remember it for the future. I'm afraid that history does repeat itself with shares and behaviour of prices, there are many examples out there to reference prior to their own rights issue.

Like I mentioned in earlier postings, the management team were a bit silly to put a price cap on the rights issue, silly because we find ourselves today just sitting around waiting for it to complete. If they [mgt team] had not said anything about discounts to 15.25p for new shares then perhaps there would have been a bit of a decent rally, that was not the case though!

Whilst you may think I'm negative about this stock all along I've said medium to long term it should be ok. I've backed this up with a small holding just for fun. If you believe the medium to long term CWV story then I'd be out there thinking about making a purchase. That said, there would appear to be a bit further for this share to drop in price before it finally rests at the bottom before making a move northwards again beyond the rights issue price.

Post Christmas there is every indication that investors will again drive this share price higher so don't be the one kicking yourself for not buying in the dips over the next few days.

DYOR and goodluck with your own decision making.

We saw a couple of 100,000 buys at 13 pence today along with some other decent size buying. Next week should be very interesting.

GoodLuck!

Sue.

Sue.

Sue.

Buy Candidate (Medium term) - Dec 15, 2003
Has risen 781% since the bottom on 13 Jun 2002 at 1.50. Is within a rising trend, which indicates a continued growth. Positive volume balance, i.e. high volume in days of rising prices and low volume in days of falling prices, strengthens the stock further in the short term. The stock has support at p 1.55. High risk with an average difference between the lowest and the highest price of the month of 42%.

Sue.

Falling back on reducing vol......need I say more!!!

Latest News:

LONDON (Dow Jones)--CMS WebView said Wednesday that 25,000,000 new ordinary shares of 0.2 pence each in the capital of CMS have been conditionally placed by Corporate Synergy Plc with institutional and other investors at a price of 10 pence per share to raise GBP2.5 million (before expenses) for the Company.

The software systems company said it intends to use the proceeds of the Proposed Placing primarily to accelerate the roll-out of the Company's proprietary modular software system Transactional Data Interface (TDI).

As part of its expansion, CMS is to launch a sales and customer support operation in Chicago, USA.

The Company also intends to use some of the proceeds from the new fundraising to achieve increased income in the traditional quote vendor market sector from its wholesale Digital Data Feed (DDF) product.

CMS also intends to use some of the new funds raised to increase the sales and marketing resources for the ProphetX product.

The New Shares have been conditionally placed with institutional and other investors pursuant to a placing agreement entered into between the Company and its broker, Corporate Synergy Plc.

The Proposed Placing, which was oversubscribed, is not underwritten and is conditional on shareholder approval at the Dec. 22, 2003 EGM, and admission.

The Directors have indicated that they shall be voting in favour of the resolutions being proposed at the EGM in respect of their aggregate beneficial holdings of 26,080,000 ordinary shares, representing 47.4% of the existing issued share capital of CMS.

The New Shares were not offered to existing shareholders generally and, accordingly, the Directors are not subscribing for any of the New Shares.

If the Proposed Placing is completed the New Shares shall represent 31.25% of the enlarged share capital of the Company. In aggregate, the Directors shall hold 32.6% of the enlarged share capital of the Company. The following existing significant shareholders shall be diluted as follows: Bob Antell would own 17.8% and Keith Young would own 13.4%.

It is expected that admission shall become effective on or before 23 December 2003.

The New Shares shall, when issued, rank pari passu in all respects with existing ordinary shares of 0.2 pence each in the capital of the Company.

Bob Antell, Chief Executive of CMS, commented: "We believe that the mixture of private and institutional shareholders which we will have following the Proposed Placing should give the Company's shares liquidity at the same time as being a potential source of raising additional funds in due course, if appropriate."


(END) Dow Jones Newswires