One of the few software companies who pay divs and where the well known shorter EK is long .....

They have a whole range of products for the retailer market and big push on automated betting shop systems ....

H2 in the morning and I am hoping to see good progress and a cautious but positive forward statement.

They are way off their tech boom highs and around 30% off their December lows. There has been a pre results run but I am hoping this will be maintained.

A core holding for me at this time but do play around at the edges

Currently 58/60p


ains

Alphameric remains a good bet Subscription site 2003-02-11 (Citywire)







Alphameric Cut to `Hold' at ING Financial Markets :ALM LN
By Jonathan Chambers
London, Feb. 11 (Bloomberg Data) -- Alphameric Plc (ALM LN) was downgraded to ``hold'' from ``buy'' by analyst Graeme Clark at ING Financial Markets.

250k cross @ 56p ..... clearly Tempus has lost his tipping touch .... down 1.7% with rest of market

I note the Telegraph also covered them in 'the market' but hasn't helped any - markets are sluggish and down - alm is down 2% on volume of 383K inc the big cross .....



ains

The Daily Mail on Saturday tipped Alphameric as a Buy.

premarket backwardisation stops anyone trading but looks like we will open higher


ains

From EJ's column in the S Telegraph


Two-thirds of revenues come from the US, where the extent of the consumer downturn plus the weak dollar are hurdles for a UK-quoted company. NSB also sounded cautious about prospects here, which clipped 2p off Alphameric's shares - Alphameric is a similar, if UK-orientated, group.

Now 52p, Alphameric also ought to benefit when recovery comes. But it is going to take time for any sustainable improvement in consumer confidence - whether here or in the US - to take place and filter down to influence retailers' spending on IT.

Thus, I rate both shares as "hold". With fresh money, they are well worth watching despite the uncertainties. If managements have cut costs but maintained competitive advantage, bargains can arise when prices drift in an impatient stock market.

Standard Life have reduced their holding by 1.1 million and now hold just over 3% or 3.2 million

get a life ainsoph

If you are offering yours ......... no thanks

THIS BOARD IS YOUR LIFE! Imagine that ainsey!

F

You seem to be saying the same thing on every bb on every thread Fugitive - are u really that sad .......

ains



At the Annual General Meeting of Alphameric plc, being held today, the Chairman,
Rodney Hornstein, made the following statement:

'The current financial year has seen the Retail Betting Division make
satisfactory progress in winning new orders from prospects in the bookmaking
sector. In particular, we continue to win business from the independent
bookmaking sector for our managed ALBOS display systems, an area we expect to
provide good growth this year. Sales of our Fixed Odds Betting terminals are in
line with our expectations.



'Our Retail Division is recognised in our market as one of the leading and most
capable providers of end to end solutions. Interest in our new product range,
Darwin, continues to be high and the prospect list very strong. We are well
positioned to maximise opportunities in this area.



'In the Hospitality sector we are encouraged by the progress we have made and
the interest the business is receiving from the marketplace.



'Economic conditions remain challenging. The timing of our customers'
investment decisions is influenced by the uncertainties surrounding the UK
economy and concerns over levels of consumer spending which has shown some signs
of decline over recent weeks. We are well placed in respect of our
competitiveness and ability to succeed as conditions improve.'