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 ?

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

Whether the price of the placing was 5p...10p...15p...20p...or whatever...as the directors were major shareholders you can be certain that it was the best deal they could get for the business...as they've faced the most dilution.....clearly the price is not as high as many of us had hoped for.....but the business now has a much stronger financial position and major opportunities to develop in the pipeline....lets see what the next few days bring....looks like New Year before any real movement once the shares are listed and we get to see which institutions bought in....

I have a feeling there is much more news to come over the next few weeks which is very good indeed !!!

PS...I bought yesterday at 13.25p....my average is somewhat lower....I see that KBCS is the anchorman today...clearly that is why Corporate Synergy got them in as new mm recently...they are still buying at 12.5p right now.....I'm holding as this seems a strong signal of where they see the base going forwards....only time will tell...but it looks like 04 is going to be a very good year for CWV !!!

Must admit, very keen to add more! 20p short-term target, got to be.

I may be being just cynical but a 37% gain on the placing price with the consequent dilution is pretty good by any institutions standards. Us poor shareholders were not invited to share in this bonanza. I wonder why? When is insider trading not insider trading?

... They still have to announce final result which should be due early Jan 04. According to Shares Mag profits will be big time

Next set of Results out in March!

Bob Antell, Chief Executive of CMS, commented:

'This Proposed Placing is a crucial step in the Company's development. The
proceeds will provide us with additional firepower to execute our ambitious
marketing and sales plans that build on successes we have already achieved,
notably in the USA and London.

Moreover, we are delighted to welcome the new institutional investors to our
existing shareholder base. 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.

Through the Proposed Placing, we will have quickly raised significant new funds
for the Company, which, in addition to its existing cash reserves, should enable
us to carry out our 2004 marketing objectives and to have the balance sheet
strength to take advantage of additional opportunities which may arise.

The institutions' investments are a clear sign of their confidence in the
potential of CMS, our staff and the board. The next two years should be very
exciting for the Company.'

Last paragraph particularly encouraging.

The market reacted positively to the news, and the uncertainty is now cleared up.

I agree with geoffcow, that it is unfortunate that existing shareholders weren't given the opportunity to participate in the offer, but it is encouraging to hear that the issue was oversubscribed.

It is also probably fair to assume that a lot of longer term investors, including many on this board, should give stability to the share register going forward.

I hope the significant number of posts on this thread will alert other investors to the potential of this company & that the discussion will continue to be as informative over the coming months as it has been recently.