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Chelford Group- Steaming ahead of results...in 3 weeks... (CHR)     

jules99 - 16 Feb 2004 13:54

i dont know if anyone knows or reads Chelford Thread...But results are going to be excellent!

batty hill - 23 Mar 2004 19:53 - 119 of 159

Keith Thomas,
The results will be good on the 26th. Price will rise friday, Media coverage over the weekend and good day monday/ tuesday. Good Luck all {CHR} holders.


Tokyo - 24 Mar 2004 03:28 - 120 of 159

batty hill & all CHR holders in the know - What sort of profit figure are we looking for from the results? What will push this stock up to 4.5p - 6p and keep it there. Is this only gonna be short term stock or do they have the fundamentals to be a good long term investment to attract the financial institutes?

chartist2004 - 24 Mar 2004 11:21 - 121 of 159

Nice 1.83ml buy just gone through @ 3.25 results Fri...

Tokyo - 4.5/6p would be good..

7840 - 24 Mar 2004 13:08 - 122 of 159

tokyo 4/5 friday till end of next week then i think will ease back a little, lets all wait , not long to wait know good luck traders.

Tokyo - 24 Mar 2004 13:20 - 123 of 159

The results are expected to be good, but again what sort of profit figure is excepted? not stock price, but operating profit?

Tokyo - 25 Mar 2004 11:08 - 124 of 159

Where has all the trading gone? Are people still in this one, or have you all got out, this thread has gone exteremly quiet, considering the results will come out tomorrow

Legins - 25 Mar 2004 11:47 - 125 of 159

Tokyo, were all waiting for the fat lady to sing.

Legins - 25 Mar 2004 11:48 - 126 of 159

keith thomas - 25 Mar 2004 12:04 - 127 of 159

lets hope the fat lady sings in tune!

keith thomas - 25 Mar 2004 12:25 - 128 of 159

Time to get out i wonder?

kantona - 25 Mar 2004 13:04 - 129 of 159

i am a holder of this share .. those who hold have two options in my view .. if u in it for the short term .. then sell today .. because as soon as the market opens tomorrow then on the first few sells the mm will drop the price down like a rocket like they did on IDN... so sell today while u can..

if however , if you believe in the company and want value and want to get value for ur shares you have to be prepared to hold for 6 months to really enjoy the fruits of the new positive sentiment for this company.

i hold plenty in this one ..for a me it was short term initially .. however in the absence of other good growth companys i have decided to go with this for another 6 months .. i am looking forward to the results.. but not the price fluctuations that vill come over the next few days.. i am glad i don't have any longs on these ..i own my stock ..

so pleese everyone do not come tomorrow and complain asking why the shares are down despite good results.... the answer i'll tell u now is that many people have positions they wish to close soon after the results ..dangerous game to play and unfortunatley the only winners will be the mm's who will take up loads of cheap stock..

so good luck to all those in it for the long term..and i wish all the short termers all the best and i hope u don't get ur fingers burnt tomorrow.

keith thomas - 25 Mar 2004 13:19 - 130 of 159

Surely if its viewed as a good medium to long term buy then the institutions will move in soon?? or is my logic wrong

bosley - 25 Mar 2004 13:34 - 131 of 159

keith , have a look at what happened to rtd, bprg, nsb and others who all posted excellent results , new deals , and still had price drops on the day all this was announced. no idea why but thats what happened.it hurt me so look out . i have held these from way way back and am happy that they are now being viewed as a good investment and the price is moving upwards. i will continue to hold as the price is still some way off what i bounght in at . ever hopeful....

Legins - 25 Mar 2004 15:35 - 132 of 159

The fat lady should be singing in tune tomorrow!

Legins - 25 Mar 2004 15:35 - 133 of 159

kantona - 26 Mar 2004 07:48 - 134 of 159

excellent results .. the mm's are ready for those wishing to off- load today pre-market bid 2.5 - 3.0 .. good luck to all

CHELFORD GROUP PLC

PRELIMINARY RESULTS FOR 2003


Chelford Group plc ("Chelford"), the IT supply chain software and services
company, announces its audited results for the year to 31 December 2003.


KEY POINTS:

* Results show solid turn-round to profitability in the second half year
before goodwill amortisation.

* Total turnover increased 35% to #9.9m (2002: #7.3m) and included a
full year's contribution from the SAP business acquired in December 2002.

* Profit before tax, goodwill and reorganisation costs was #434,000
(2002: loss of #245,000). After goodwill and reorganisation costs, the loss
before tax was #373,000 (2002: loss of #1.0m).

* Cash generation in the second half year resulted in year-end net cash
of #1.4m (2002: #1.1m).

* The SSI Division (supply chain software) achieved an operating profit
of #556,000 (2002: #13,000) before reorganisation costs of #9,000 (2002:
#113,000).

* The SAP Division (value added reseller of SAP software) moved into
EBTA profit during the second half but incurred a loss for the year of
#191,000 (2002: n/a) before reorganisation costs of #73,000.

* New business wins in 2003 included Kettle Produce, Ian Macleod
Distillers, Petrochem Carless, Oncura (a joint venture between Amersham and
Galil) and Primafruit. Significant new contracts in 2004 include Fox's
Confectionery and Cotton Traders.


On outlook, William Birkett, Chelford's Chairman, stated :


"In 2004, we expect markets to continue to be demanding, although decision
cycles are shortening and confidence is improving. There are good opportunities
within our customer base and the Group is strongly positioned to win new
business in our target markets.


"We started 2004 with a stronger order book and expanded customer base.
Performance in Q1 is encouraging, with both Divisions trading profitably and
ahead of Q1 2003. Contracted revenues at the end of Q1 already cover over 81% of
our costs for the current year with recurring revenues expected to account for
over 40% of total revenue in 2004. Accordingly, the Board anticipates a
satisfactory outcome for the full year in line with market expectations."



About Chelford


Chelford Group plc is based in Basingstoke, Hampshire, and its shares are quoted
on AIM (stock code: CHR). Chelford has two principal operating divisions. SSI is
a developer and vendor of supply chain solutions based on its Tropos product
suite which is sold mainly to mid-sized corporate customers. Chelford SAP
Solutions is a SAP product value-added reseller to mid-size organisations.



For further information, please contact:

Trevor Lewis, Chief Executive 01256-685400
Steve Liebmann, Bankside 020-7444-4163 or 07802-888159



CHAIRMAN'S STATEMENT


Introduction


The results for 2003 mark an important turning point for Chelford Group plc. For
much of the year, market conditions continued to be difficult although there
were some signs of an improvement in the latter stages. The Group moved into
profit at EBTA level during the second half of the year and performance improved
steadily as the year progressed.


SSI Limited ("the SSI Division", supply chain software and services) was
profitable at EBTA level throughout the year. Chelford SAP Solutions ("the SAP
Division", a value-added reseller of SAP products and services) was acquired at
the end of 2002 and has been integrated into the Group successfully. Although
loss-making in the first half of the year, this business has been turned round
and made a positive contribution in the second half of the year.


bosley - 26 Mar 2004 08:29 - 135 of 159

here we go . here comes the price drop . if it ends the day above 2.5 i will be surprised

chartist2004 - 26 Mar 2004 08:36 - 136 of 159

Good results pirce falls - so if the results were c*ap would the price have risen? Following the trend, Doing a RTD would seem.:o((

kantona - 26 Mar 2004 08:37 - 137 of 159

i know i said to myself i will not monitor the price fluctuations today ..couldn't resist .. on L2 so far just 16 trades total shares traded around 500,000, the buy and sells so far evenly matched .. read into it what u like .. winterfolds have been the ones driving the price down they are currently 2.1 -.2.6 at the moment 2 mm at 2.1-2.6 and other two 2.3-.2.6 only a matter of time before the bid drops to 2.1 ..

kantona - 26 Mar 2004 08:47 - 138 of 159

L2 showing upward trend now few buys coming in .. 2 mm on 2.3 -2.6 .. well ..well winterfolds were clearly trying to get some cheap stock as they are now 2.4-2.9 what a turn around in space of two minutes .. hold tight today everyone
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