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 ?

Drift in share price has been going on for months.IMHO there is a reason for just 1 trading days notice.

Hard to know what to make of the timing, but my guess would be that they have brought the results forward on their broker's advice because they have news which they are worried is about to leak. NB mention in this morning's Guardian.
We'll have to wait and see whether it's good or bad! Either that or they want to make a major announcement.

beaufort1

Good point

Maybe the short notice was due to all the staff being too busy dealing with TDI contract signings?

God, I hope I'm right!

I hope your right too, as I had a good feeling on this one, and topped up again this morning.

well up they go!!

this mornings 38717 was a buy

BIG deal ! up 1/2p ? lets not get carried away here. It just brings it back up to where it was a couple of days ago.
I'll be happy when it gets back to 20p + (as per last Autumn)

Shares Mag rates CWV a hold this morning, but if anything its tips column has taken a cautious outlook on most micro-cap tips.

It seems to be steering a very defensive course ahead.

IMHO, its very much a stockpickers market while we trade sideways overall. Good companies will always come good in the end.

If Corporate Synergy's 05 forecast for earnings of 3pence is even half right, then we are destined for levels higher in the months to come.

TSQ.

what sort of profit figures are we expecting to see tomorrow?

anyone done any calculations?

The good news today is that most of trhe trades are all buys, so no panic selling, most people it seems are expecting good news.

Tokyo,

Corporate Synergy are looking for earnings of 255,000 this time, up from a loss of 116,000 at last figures. Equates to approx 0.3p per share.

The big jump is in fiscal 05, where the broker is looking for eps of 3pence. Sales have been increasing and the recent fundraising should enable sales to increase over the next 2 years with a Chicago office opened. New clients have been signed up for the ProphetX system and the European distribution rights for this software have been granted.

It remains to be seen how much recurring revenue these items generate. So results will be informative here.

TDI contracts such as those with the Chicago exchanges were said to be worth in the region of 500,000 each. Now it will be also interesting to see where the existing work already sold in Chicago comes out in bottom line revenue. Recurring software support revenue will also be interesting.

If CMS outperforms the above estimates, reaction should be very positive.

This is a long term hold. If those 2 year figures are met, then this stock will surely trade above 50pence in the fullness of time.

TSQ.

thestatusquo - thanks alot, I shall be looking forward to the results & perhaps a nice announcement tomorrow

Tokyo

6 month chart shows consolidation phase from December fundraising.

200 day moving average is catching up, currently at 8.5pence, while 11pence seems to provide a baseline support.

All moving averages are approaching a convergence level, and news tomorrow may signal move out of current channel.

TSQ.

CMS WebView PLC
16 April 2004

CMS WebView plc
Final results for the year ended 31 December 2003

CMS WebView plc, provider of software systems for real-time financial data
distribution and management, reports its final results for the year ended 31
December 2003.

Business and financial highlights:

. Turnover up 35% to 1,629,000 (2002: 1,206,000)

. Losses before tax reduced by 20% to 543,000 (2002: 683,000)

. Appointed Corporate Synergy as broker and successfully completed a
2.5 million fundraising in December 2003

. Net cash position trebled to 3,329,000 (2002: 1,102,000)

. Strong sales of TDI systems which now represent 54% of Company
turnover, including significant sale to a second prestigious US
financial institution - The Chicago Board of Trade

. Following the success in the USA, opened first international sales
office in Chicago in March 2004

. Won the exclusive rights to sell and support ProphetX, the market
price display system for energy and commodity traders, in mainland
Europe from 1 January 2004


Keppel Simpson, Chairman, said:

'This year promises to be exciting for the Company; our profile, prospecting and
subsequent expectation levels are significantly higher. The initiatives we have
already taken represent only the beginning of our growth plans and we will
continue to put in place further sales-led projects. While the continued trend
of increased turnover and reduced losses is encouraging, the overall objective
of achieving profits remains at the forefront of our priorities.'

Enquiries, please contact:

Bob Antell Neil Boom/Jenny Leahy
Chief Executive Gresham PR Ltd.
CMS WebView plc 020 7404 9000
020 7744 7722

CHAIRMAN'S STATEMENT

CMS WebView plc (CMS), a provider of software systems for real-time financial
data distribution and management, saw a welcome continuation of 2002's trend of
rising turnover and a significant reduction in pre-tax losses.

RESULTS

In the year to 31 December 2003, turnover rose by 35% to 1,629,000 (2002:
1,206,000) and losses before taxation fell by 20% to 543,000 (2002: 683,000).
Our new policy of writing off all IT development costs as incurred is reflected
in this year's figures for the first time. December's successful raising of 2.5
million of new funds from institutional investors has, in addition to providing
expansion capital, also further strengthened the balance sheet. Our net cash
position at 31 December 2003 has more than trebled to 3,329,000 (2002:
1,102,000). This provides the financial resources for a controlled expansion of
CMS. It will also enable us to continue to invest in TDI, maintaining its
leading position in the distribution and management of real-time financial data
by futures exchanges.

We are pleased to report that sales of TDI, our most important software product
line, represented 54% of turnover in 2003, a substantial increase on 2002 (37%).
TDI has been fully developed in-house by CMS. It is therefore a wholly CMS-owned
suite of highly sophisticated software that collects, processes and distributes
real-time information. Revenues from TDI were boosted by a major order for the
system from the Chicago Board of Trade (CBOT) and we expect TDI to make an
increasing contribution to CMS's turnover going forward.

Sales from the supply of real-time futures and options data, including sales
from our Digital Data Feed (DDF) product, continue to be important sources of
revenue. Towards the end of 2003, ProphetX, a market price display system for
energy and commodity traders, began to make a revenue contribution which we
expect to grow in 2004 and beyond. CMS holds the exclusive licences to sell and
support ProphetX throughout the UK and Europe.

REVIEW OF THE BUSINESS

The sale in 2003 of a TDI software suite to the Chicago Board of Trade (CBOT)
was a significant development in the progress of CMS. The CBOT and Chicago
Mercantile Exchange are the largest futures and options exchanges in the USA.
Their presence on our client list, along with the London Metal Exchange,
positions CMS as a key player in the supply of data systems to exchanges. We are
pleased to report that TDI has performed to clients' expectations, including
handling with ease recent record volumes at both US exchanges.

With the CBOT contract in place and a strong recovery worldwide in the trading
of futures and options, the Board took the view that it was the right time to
accelerate the growth of the business. Consequently, we appointed Corporate
Synergy as our new broker to facilitate the raising of 2.5 million of expansion
capital.

The new funds have enabled us to open our first sales office in Chicago,
allowing us to exploit the success we have had in selling to the exchanges in
that city. Initially the Chicago office will be staffed by colleagues from our
London headquarters. We are also actively recruiting local experienced
professionals. A proportion of the money raised is to increase our sales and
marketing presence. We are actively recruiting new sales and marketing staff in
London and updating our promotional literature. Since winning the exclusive
rights to distribute ProphetX in the UK and Europe, we are continuing to invest
in its marketing. This investment includes the creation of a European network of
sales and support agents for ProphetX.

OUTLOOK

There are a number of new initiatives now underway aimed at both accelerating
growth and the path to sustained profitability. These initiatives include
discussions with non competitor suppliers of complementary services in our
industry about possible business partnerships. The aim is to increase exposure
of TDI via prospective partners' sales and marketing infrastructure.

As another initiative, CMS is embarking on the first phase of a market research
project for promoting TDI to the banking sector. It has been a long held
strategic aim to use the inherent flexibility in the TDI platform to sell to
other industries, including banking, that need to handle with precision vast
tracts of real-time data.

This year promises to be exciting for the Company; our profile, prospecting and
subsequent expectation levels are significantly higher. The initiatives we have
already taken represent only the beginning of our growth plans and we will
continue to put in place further sales-led projects. While the continued trend
of increased turnover and reduced losses is encouraging, the overall objective
of achieving profits remains at the forefront of our priorities.

A key element of our successes last year is directly attributable to the Company
benefiting from a stable, dedicated and loyal team of staff who have continued
to maintain a positive and professional approach to their work. I wish to thank
them for their effort and commitment.


Keppel Simpson
Chairman
15 April 2004


Consolidated profit and loss account for the year ended 31 December 2003

Notes 2003 2002
'000 '000
---------- ----------
Turnover 1,629 1,206
Cost of sales 1,122 939
---------- ----------

Gross profit 507 267
Business development and marketing 231 224
Administrative expenses 848 776
---------- ----------

Operating loss (572) (733)
Interest receivable 29 50
---------- ----------

Loss on ordinary activities
before taxation (543) (683)
Taxation 31 70
---------- ----------

Loss on ordinary activities
after taxation (512) (613)
Dividends - equity - -
---------- ----------

Retained loss for the year (512) (613)
========== ==========

Earnings per share (p) 3 (0.921) (1.115)
Dividends per share (p) - -


There are no recognised gains or losses other than those as set out above.

Turnover is wholly derived from continuing activities.



Consolidated balance sheet as at 31 December 2003

Notes 2003 2002
'000 '000
----------- ----------
Fixed assets
Intangible assets 43 72
Tangible assets 50 92
Investments - -
----------- ----------

93 164

Current assets
Debtors 235 280
Cash at bank and in hand 4 3,329 1,102
----------- ----------
3,564 1,382

Creditors:
amounts falling due within one year 736 444
----------- ----------

Net current assets 2,828 938
----------- ----------

Total assets less current liabilities 2,921 1,102
=========== ==========

Capital and reserves
Called up share capital 160 110
Share premium account 4,615 2,334
Profit and loss account (1,854) (1,342)
----------- --------

Shareholders' funds 5 2,921 1,102
=========== ==========


Approved and signed on behalf of the Board on 15 April 2004.

K M Simpson

R E Antell


Consolidated cash flow statement for the year ended 31 December 2003

Notes 2003 2002
'000 '000
---------- ----------

Net cash outflow from
operating activities 6 (371) (740)
---------- ----------

Returns on investments and
servicing of finance
Interest received 29 50
---------- ----------

Taxation 92 -
---------- ----------

Capital expenditure and
financial investment
Purchase of intangible fixed assets - (86)
Purchase of tangible fixed assets (23) (15)
---------- ----------

Net cash flow from capital expenditure
and financial investment (23) (101)

Equity dividends paid - -
---------- ----------

Financing
Issue of ordinary shares 2,500 -
---------- ----------

Net cash flow from financing 2,500 -
---------- ----------

Increase/(decrease) in cash 2,227 (791)
========== ==========


Notes to the final results for the year ended 31 December 2003

1. Basis of consolidation

The Group accounts consolidate the accounts of the Company and its wholly owned
subsidiary, Commodity Market Services Limited.

The Company has taken advantage of the exemption in section 230(1)-(4) of the
Companies Act 1985 not to present its own profit and loss account.

2. IT development costs

IT software development and the investigation of relevant technology is
performed mainly in-house. The costs are written off as incurred to the profit
and loss account.

With effect from the current year, all IT development costs are written off as
incurred. This represents a change from the previous policy where IT development
costs relating to the development of specific products were capitalised and
amortised over a period of three years commencing with the commercial production
of the products. The directors consider that the immediate write off of IT
development costs is a more suitable policy with regard to the products
currently under development and that the effect of the change of accounting
policy on the results for the current year is not material.

3. Earnings per share

2003 2002
---------- ----------

Weighted average number of shares in issue
during the year and used to calculate:

Loss attributable to equity shareholders (512) (613)
('000)
Ordinary shares in issue during the year 55,616,438 55,000,000
Earnings per share (p) (0.921) (1.115)
========== ==========

On 23 December 2003 the authorised share capital of the Company was increased
from 150,000 to 300,000 by the creation of 75,000,000 ordinary shares of 0.2p
each.

On 23 December 2003 the Company issued 25,000,000 ordinary shares pursuant to a
placing. The consideration received was 2,500,000.


4. Reconciliation of net cash flow to movement in net funds

2003 2002
'000 '000
---------- ----------

Increase/(decrease) in cash in the year 2,227 (791)
Net cash at 1 January 1,102 1,893
---------- ----------

Net cash at 31 December 3,329 1,102
========== ==========


5. Reconciliation of movements in shareholders' funds

2003 2002
'000 '000
---------- ----------

Loss for the financial year (512) (613)
Ordinary dividends - -
New share capital issued 50 -
Net premium on shares issued 2,281 -
---------- ----------

Net additions to/(reductions from)
shareholders' funds 1,819 (613)
Shareholders' funds at the start of the year 1,102 1,715
---------- ----------
Shareholders' funds at the end of the year 2,921 1,102
========== ==========



6. •Reconciliation of operating loss to net cash flow from operating activities

2003 2002
'000 '000
---------- ----------

Operating loss (572) (733)
Depreciation 65 63
Amortisation of IT development costs 29 30
Profit on sale of investments - -
(Increase)/decrease in debtors (16) 17
Increase/(decrease) in creditors 123 (117)
---------- ----------

Net cash outflow from operating activities (371) (740)
========== ==========


7. Publication of non-statutory accounts

The financial information set out in this preliminary announcement does not
constitute statutory accounts as defined in section 240 of the Companies Act
1985.

The consolidated balance sheet as at 31 December 2003 and the consolidated
profit and loss accunt, consolidated cash flow statement and associated notes
for the year ended 31 December 2003 have been extracted from the group's 2003
statutory financial statement upon which the group's auditor gave an unqualified
opinion and which will be delivered to the Registrar of Companies in due course.

Copies of this statement will be available from Smith & Williamson Corporate
Finance Limited, No 1 Riding House Street, London, W1A 3AS, tel. 020-7637-5377
for one month from the date of this announcement.



This information is provided by RNS
The company news service from the London Stock Exchange

& the selling begins, it came no where near it's expected profit target, but the prospects for this share look good, so why sell at a aloss, I'll be tucking this one away, and coming back in a year or so, to hopefully see a huge gain

Same here... results didn't meet the hype but I will also hold on to my
shares and top up at these levels when I can. IMHO shares will gain when new contracts are announced through the summer. Interims should be interesting.

I would be very surprised if any wholesale selling should occur, as these are a very good set of figures for this company.

Turnover increasing strongly and prospects for expansion of sales into the vast banking community. If I have a disappointment, it's in the costs column, and I will be looking at that more closely.

TDI sales will be key to driving profitability. It should also be remembered that these figures cover the period up to 31 DEC, prior to the fundraising.

The fundraising provides expansion capital for ProphetX in Europe & UK and TDI in USA and UK. Increased sales & marketing should bear fruit going forward.

A beginning and a definite hold in my view.

TSQ.

Keppel Simpson, Chairman, said:

'This year promises to be exciting for the Company; our profile, prospecting and
subsequent expectation levels are significantly higher. The initiatives we have
already taken represent only the beginning of our growth plans and we will
continue to put in place further sales-led projects. While the continued trend
of increased turnover and reduced losses is encouraging, the overall objective
of achieving profits remains at the forefront of our priorities.'