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Net b2b2 PLC (NEB)     

SueHelen - 15 Jan 2004 13:59

NETB2B2 (AIM:NEB)
Software & Computer Services
http://www.netb2b2.com/


Strategy
The overriding business objective of the company is to become a leading provider of Internet-based business-to-business services. This objective is to be achieved through:
the acquisition of business service providers, where ownership by the Company will lead to enhanced market penetration and appropriate extensions to product offering; and
investment in and development of Internet-based business-to-business concepts.

Contact Details
Netb2b2 PLC
20/26 Brunswick Place,
London N1 6DZ

E-mail: Info@netb2b2.com
Investor Relations: IR@netb2b2.com


This technology services minnow is benefiting from restructuring its business, with a reduced loss in spite of a lower turnover. The company made a small trading profit - of 2,000 - which should bode well for the current financial year. Of its three trading divisions, cScape seems to be doing the best, winning a number of new projects and benefiting from the government's e-government initiative.
NetB2B2's publishing division ITM Graphics would appear to be breaking-even, while IBM business partner Blue Sky has changed its focus to higher margin hosting business, having shut down its consulting activities.

Shares says: Looks better placed after its share reorganisation and fund raising.

Normal market size:5,000
% spread: 21.4%


Highlights of ongoing group

Turnover 5.1million (2002: 5.7 million)

Ebitda 280,000 (2002: Loss 501,000)

Trading profit 2,000 (2002: Loss 0.973m)

Loss per share 0.07p (2002: Loss 0.84p)

Increase in operating companies client bases

Cash generative and profitable performance for cScape

Successful capital re-organisation

Successful placings raising 350,000 net of expenses


RNS Number:2696U
Net b2b2 PLC
15 January 2004

Netb2b2 plc

LAUNCH OF NEW CMS WIZARD IN CONJUNCTION WITH MICROSOFT
RESULT OF AGM

Netb2b2 plc, the AIM listed digital services group announces that its wholly
owned subsidiary company cScape Ltd has today launched a new Wizard tool
- The CMS Wizard, which will be given worldwide marketing support by Microsoft.

CMS Wizard has been jointly developed with Danish firm Mondosoft, and provides a
cost-effective way of building and maintaining a website. The CMS Wizard will
retail for $1,999.99 and is licensed on a per server basis. Revenue will be
split between the two firms.

The CMS Wizard requires minimal technical skills and has been developed to
create professional content managed websites from scratch within minutes.
Designed specifically to plug into both Standard and Enterprise editions of
Microsoft's Content Management Server, the CMS Wizard contains a range of
website styles designed to suit different organisational structures and comes
complete with an integrated search facility.

Netb2b2 plc Managing Director, Andy Gannon commented: "cScape has worked closely
with Microsoft Corp for over ten months to develop this product. Microsoft
promoted the CMS Wizard internationally to thousands of their Partners and
valuable feedback was canvassed from these parties to ensure the CMS Wizard
fully meets the needs of the partner community."

"We expect the product to be particularly successful in the public sectors,
particularly at the local government level. However, demand should also be
strong in corporates at a departmental level, where up until now they have
faced many deployment challenges when implementing a content management system
- a lack of relevant technical skills, prohibitive costs and lengthy timescales.
Using the CMS Wizard in conjunction with Microsoft's Content Management Server
companies can overcome these challenges by speedily creating well designed,
searchable, CMS-enabled websites at a fraction of the cost of previous
implementations."

Keith Young, Chairman, commenting at the Annual General Meeting of Netb2b2 plc
held today where all resolutions put to the meeting were duly passed, added:
"The positive trends mentioned in my chairman's statement of 19 November have
continued and we continue to place emphasis on both organic and acquisitive
growth going forward. It is very pleasing that our .Net Tools wizard has been
launched today in conjunction with Microsoft."

The CMS Wizard is available to purchase on-line at www.cms-wizard.com.

For further information, please contact:

Andrew Gannon Theresa Clifford John West / Claire Melly
Netb2b2 plc cScape Tavistock Communications
Tel: 020 7878 1007 Tel: 020 7689 8800 Tel 020 7920 3150





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

END
RAGBAMBTMMMBBTI

Current Price: 0.95-1.15 pence.

draw?showVolume=true&enableRSI=true&modedraw?startDate=15%2F07%2F03&period=6M&pl

SueHelen - 23 Mar 2004 17:27 - 141 of 154

Closed 1.8% up at 1.3-1.5 pence. Tomorrow could very interesting. Mkt cap only 6.8 million at the moment....Good results with positive guidance could lead to the price doubling from here to 3-4 pence.

SueHelen - 23 Mar 2004 17:29 - 142 of 154

A BUY for 1,255,500 shares just been reported at 1.47 pence. Bodes well.

SueHelen - 24 Mar 2004 07:11 - 143 of 154

RNS Number:8599W
Net b2b2 PLC
24 March 2004


NETB2B2 PLC INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2003

Netb2b2 plc, the AIM traded business aggregator focusing on the digital
communications sector, announces interim results for thesix months ended 31
December 2003. Netb2b2 plc also announces the acquisition of the web hosting
business of Esna Limited for a total consideration of #317,000 comprising
#280,000 in cash and #37,000 in shares.
Highlights (unaudited):

*Turnover #2.7 million (2002: #2.8 million)

*Ebitda #116,000 (2002: #23,000)

*Profit before interest and
goodwill #1,000 (2002: Loss #142,000)
amortisation

*Loss before tax #95,000 (2002: Loss #490,000)

*Loss per share 0.03 pence (2002: Loss 0.18 pence)

*All three group companiesdemonstrating momentum

*Capital reorganisation complete and balance sheet strengthened by
#1.5m since 30 June 2003

*Continuing business wins

Commenting on the acquisition, Andrew Gannon, Managing Director Netb2b2 plc
said: "Esnahostis one of the UK's leading web hosting businesses. It has an
enviable blue chip client list including: IBM, Compass Group and the BMA. It
also works with a number of local authorities - a business sector which is a
particularly target for Netb2b2 group companies. Esnahost's synergies with Blue
Sky are evident and our merger of the two businesses will strengthen their
service capability and sales and marketing focus."

Keith Young, Chairman Netb2b2 plc, added: "Netb2b2 adds value to the companies
it acquires through active senior management and the business insight of its
principals. As such, it is a capable and supportive potential parent for growing
internet and technology businesses, and an appropriate vehicle for investors
seeking exposure to the sector. With the capital reorganisation complete and a
healthy cash position we continue to consider further acquisitions where we
believe they will add value."

For further information, please visit www.netb2b2.com or contact:

KeithYoung / Geoffrey Griggs John West / Claire Melly
Netb2b2 plc Tavistock Communications
Tel: 020 7878 1007 Tel: 020 7920 3150

CHAIRMAN'S STATEMENT

NetB2B2 saw both growth and consolidation in the six months ending 31 December
2003. The Board continued to focus on increased financial and operational
strength and, to encourage future investment, a capital reorganisation was
successfully completed in September. A subsequent series of placings and other
issues of new shares has strengthened our balance sheet by some #1.5m to date.

I am delighted that the overall position of the company is poised to make
significant progress with all three operating subsidiaries demonstrating
momentum in their own markets. cScape continues to perform well with a near full
order book. We invested heavily in product and business development in cScape
whilst maintaining its profit generation. Blue Sky continues to add to its blue
chip client list. ITM has experienced a moderate increase in pagination and new
title wins, bearing out our cautious optimism regarding the recovery in the
advertising market.

Financial Results Summary
The much improved overall profit figures for the period aresummarised below.

Six months Six months Year
ended ended ended
31 Dec 31 Dec 30 Jun2003
2002 2003
Unaudited Unaudited Audited
#000 #000 #000

Turnover2,689 2,764 5,364

Earnings before interest, tax,
depreciation 116 23 (177)
and amortisation ("Ebitda")
--- ------
Operating profit/(loss) before
goodwill 1 (142) (528)
amortisation
Goodwill amortisation (79) (325) (232)
------------- -------
Operating loss (78) (467) (760)
Net interest paid (17) (23) (40)
------ ------ ------
Group loss for the year before (95) (490) (800)
tax ------ ------- -------

Loss per share (.03p) (.18p) (.29p)

The directors do not recommend the payment of an interim dividend.

Operational Review
Throughout the period each of the three operating companies performed well with
increased turnover, several new contract wins, a continued focus on higher
margin business and a new more cost-effective direction. The market for digital
services is improving and as a result the Board has taken the decision to ensure
that staff are properly incentivised to maximise their business performance as
the market picks up.

cScape Strategic Internet Services ("cScape")
cScape, is one of the UK's leading Microsoft partner firms and a supplier of
Internet consultancy services, including e-commerce and web expertise. During
the period the Group increased investment in cScape as part of its overall
development plan and the business responded well, maintaining profitability,
increasing turnover and winning a number of new contracts. Highlights for the
period included new work with MSIB and CILIP and a new contract win with
Greenwich Council.

In January, just after the period end, cScape launched the first of a series of
strategic product development initiatives; a new Wizard tool - The CMS Wizard,
which will be given worldwide marketing support by Microsoft. Further such
products will belaunched progressively over the coming calendar year; the next
being a service pack to be bundled with the CMS product and underlining the
strategic role cScape is playing in the Microsoft CMS server market. Early
indicators show that interest is particularly strong in the public sector and
among membership organisations. To help consolidate its position in these
markets two new appointments have been made with John Griffith appointed to
focus in particular on the NHS client sector and Matthew Fox to lead the drive
into membership organisations both of whom have strong industry track records.
The next such product will be launched over the coming month.

Blue Sky
Blue Sky, a key UK IBM business partner, continued to move its focus away from
consulting and towards higher margin Application Hosting. New business was won
from Toyota and ITC Networks as well as new agreements with the Economist Group
to provide infrastructure services. Blue Sky is also providing consulting and
servicesfor Boots, Webabacus and IMRG. This strategic move has resulted in
better margins and profitability.

ITM Graphics ("ITM")
ITM, the Group's publishing services business, also benefited from continued
investment in order to sustain progress and focus the business on higher margin
work. During the period, less profitable work was discarded in order to help
increase margins and make cost savings. New contracts were signed with, among
others, publishers CMP, CWC and Waterlows and the existing magazine business
benefited from a continued increase in paginations.

The next important step for the ITM management team is the evolution of an
'integrated web content management service'. This has already reached the second
stage of development in NetpublishTM, based on industry standard software and
support from Silicon Graphics, and this programme should be fully operational by
the summer providing a more comprehensive web based infrastructure and suite of
services.

Acquisition
We are today announcing the acquisition of the hosting business of Esna Limited
for a total consideration of #317,000 comprising #280,000 in cash and 3,333,333
shares priced at 1.12 pence per share. Esna Limited's hosting business delivers
robust solutions tosome 50 blue chip clients, including IBM, Compass Group and
the BMA as well as a range of local authorities. The business is a very good fit
with our refocused hosting business, Blue Sky, and the acquisition will deliver
a number of immediate synergies, including better utilisation of existing
efficient overhead base, enhanced customer service and sales and marketing. The
public sector, and the local authorities in particular, is an important target
market for all Netb2b2 companies and the acquisition will undoubtedly provide
new opportunities for the group.

Current Trading and Outlook
Overall, the financial outlook for the Group is healthy with Blue Sky sustaining
its profit generation and ITM showing promise and starting to benefit from an
up-turn in pagination at the start of this year. cScape is delivering profit
whilst also investing heavily in product and business development and there is a
good opportunity to capitalise on the investment in both financial and market
share terms. Overall the outlook is improving with all three current businesses
advancing in a constructive and optimistic way, contributing to Netb2b2's more
stable and encouraging position as a whole.

Netb2b2 has firmly set its strategy now to add valueto the companies it
acquires through active senior management and the business insight of its
principals. As such, it is a capable and supportive potential parent for growing
internet and technology businesses and an appropriate vehicle for investorsseeking
exposure to the sector. With the capital reorganisation complete and a
healthy cash position, we continue to consider further acquisitions where we
believe they will add value.



Keith Young24 March 2004
Chairman

Consolidated profit and loss account
for the six months ended 31 December 2003

Six months Six months Year
ended endedended
31.12.2003 31.12.2002 30.06.2003
Unaudited Unaudited Audited
# 000's # 000's # 000's
TurnoverContinuing operations 2,689 2,583 5,124
Discontinued operations 0 181 240
--- ----- -----2,689
2,764 5,364

Cost of sales -807 -1,005 -1,583
------ -------- --------

Gross profit 1,882 1,759 3,781
Administrative expenses -1,881 -1,901 -4,309
-------- -------- --------

Operating profit/ (loss) before
amortisation of goodwill 1-142 -528

Amortisation of goodwill
Continuing Operations -79 -235 -157
Discontinued Operations 0 -90 -75
--- ----- -----
Operating loss

Continuing operations -78 -227 -155
Discontinued operations 0 -240 -605---
------ ------
-78 -467 -760

Interest receivable 4 1 2
Interest payable -21 -24-42
----- ----- -----

Loss on ordinary activities
before taxation -95 -490 -800
Tax on loss on ordinary 0 26 26activities
--- ---- ----

Loss for the financial period -95 -464 -774
---- ---- -----
Loss per share

Ongoing activities (0.03p) (0.09p) (0.07p)

Discontinued activities (0.00p) (0.09p) (0.22p)
--------- --------- ---------

Total (0.03p) (0.18p) (0.29p)
========= ========= =========

Consolidated balance sheet
as at 31 December 2003
31.12.2003 31.12.2002 30.06.2003Unaudited
Unaudited Audited
# 000's # 000's # 000's

Fixed assets
--------------
Intangible assets 1,4321,419 1,511
Tangible assets 409 563 480
----- ----- -----
1,841 1,982 1,991

Current assets
----------------
Stocks 122 89 84
Debtors 1,086 1,054 934
Cash at bank69 169 98
---- ----- ----
1,277 1,312 1,116

Creditors:
------------
Amounts falling due within one year
-------------------------------------
Bank loans and overdrafts -155 -352 -277
Trade and other creditors -2,184 -2,016 -2,289--------
-------- --------
-2,339 -2,368 -2,566

Net current liabilities -1,062 -1,056 -1,450

Total assets less current liabilities779 926 541
----- ----- -----

Creditors:
------------
Other loans 0 -103 -27---
------ -----

779 823 514
----- ----- -----

Capital and reserves
----------------------
Called up share capital 2,737 2,646 2,646
Share premium account 9,994 9,725 9,725
Profit and loss account -11,952 -11,548 -11,857
--------- --------- ---------

779 823 514
===== ===== =====

Notes to the financial information

1. *Financial information
The financial information is for the six months ended 31 December 2003 and
is neither audited nor reviewed as defined by APB Bulletin 1999/4. The
balance sheet and profit and loss account do not constitute statutory
statements within the meaning of Section 240 Companies Act 1985. The results
for the year ended 30 June 2003 have been extracted from the financial
statements of the group on which an unqualified report from the auditors has
been received and which have been filed with the Registrar of Companies.

2. *Basis of Preparation
The interim financial information has been prepared on the basis of the
accounting policies adopted for the audited accounts for the year ended 30
June 2003 under the historical cost convention and in accordance with
applicable accounting standards.

3. *Segmental information
The turnover, loss before taxation and net assets are wholly attributable to
the principal activities of the Group and arise solely within the United
Kingdom.
Six months Six months Year
ended ended ended31.12.2003
31.12.2002 30.06.2003
Unaudited Unaudited Audited
# 000's # 000's # 000's
Turnover
----------
Internet Services 1,511 1,363 2,670

Publishing and Digital
Communication Services 1,169 1,208 2,435

Parent Company 9 1219
--- --- ---- --- ----
Subtotal 2,689 2,583 5,124

Discontinued Activities 0 181 240--- ---
----- --- -----
Group 2,689 2,764 5,364
---- --- ----- --- -------

Earnings before interest, tax,
depreciation & amortisation
------------------------------------------
Internet Services 257 276 542

Publishing and Digital
Communication Services96 91 173

Parent Company -237 -224 -435
--- -- --- ------ --- ------
Subtotal 116 143 280

Discontinued Activities 0 -120 -457
--- --- ------ --- ------
Group 116 23 -177----- ---
---- --- ------

Profit/(Loss) before interest and tax
---------------------------------------
Internet Services 210 236
461Publishing and Digital
Communication Services 29 1 -4

Parent Company -238 -229 -455
----- ----- -----
Subtotal 1 8 2

Discontinued Activities 0 -150 -530
----- ----- -----
Profit/ (Loss) before
Amortisation of Goodwill 1 -142 -528

Amortisation of Goodwill:
Ongoing group -79 -235 -157
Discontinued Activities 0-90 -75
---- ----- -----
Group -78 -467 -760
---- ----- -----4.
*Goodwill
Goodwill represents the excess of the cost of acquisition over the fair
value of the separable net assets acquired. Goodwill is amortised through
the profit and loss account in equal instalments over its estimated usefullife.

5. *Taxation
No liability to UK corporation tax arose on ordinary activities for the
period owing to the trading losses brought forward from previous periods.

6. *Loss per ordinary share
Basic loss per share is calculated by dividing the loss attributable to
shareholders by the weighted average number of ordinary shares during the
period. Diluted loss per share has not been calculated since the share
options granted do not have a significant dilutive effect in the current
period.
Six Six
months to months to Year to
31.12.2003 31.12.2002 30.06.2003Unaudited
Unaudited Audited
# 000's # 000's # 000's

Basic earnings
attributable
to
ordinary
shareholders
- Ongoing -95 -238 -176
activities
- Discontinued
activities 0 -226 -598
--- --- ------ --- ------
-95-464 -774
===== === ====== === ======

Weighted
average number 302,033,497 264,580,599 264,580,599
of ordinary ============= === ============= === =============
shares
Loss per
share
- Ongoing (0.03p) (0.09p) (0.07p)
activities
- Discontinued
activities (0.00p) (0.09p) (0.22p)------
------ -------
(0.03p) (0.18p) (0.29p)
====== ====== =======

7. *Statement of recognised gains and losses
There are no recognised gains or losses other than those recorded in the
profit and loss account.

8. *Post Balance Sheet Events
Since the 31 December 2003 the Company has issued shares both for cash and
in settlement of certain liabilities. A proforma balance sheet showing the
effect of these share issues is set out below.

31.12.2003 Placings Pro forma
Unaudited etc 2004# 000's #
000's # 000's
Ongoing activities of group:
------------------------------ ---

Fixed Assets 1,841 1,841

Net Cash-86 834 748

Other net current assets/
(liabilities) -629 199 -430
------ --- ----- --- ------

Net assets of ongoing 1,126 1,033 2,159
activities

Net liabilities of
discontinued -347 135 -212
activities------- ------- ------

Shareholders funds 779 1,168 1,947
======= ======= ======

9. *Copies of the interim reportCopies of the interim report are available from
www.netb2b2.com or the company
secretary at Netb2b2 plc, 20-26 Brunswick Place, London, N1 6DZ.

24 March 2004





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

END

SueHelen - 24 Mar 2004 07:11 - 144 of 154

Excellent set of Results!

SueHelen - 24 Mar 2004 07:26 - 145 of 154

Acquisition of a co. with blue chip clients. Likely future acquisitions. Continuing wins in existing businesses. Healthy balance sheet (plus I think it has improved significantly since close of period in December). No further share issues. Continued support of MSFT.

FONTY - 24 Mar 2004 07:57 - 146 of 154

This is all very exciting in a frustrating market. I'm set to buy some more!

kendoken - 24 Mar 2004 11:19 - 147 of 154

BUY MORE??why is price falling when results so good???

neilpos - 01 Jun 2004 16:11 - 148 of 154

Gone very quiet on this one. Still dropping and all those that sung its praises have disappeared. Results seemed good with statements of healthy outlook. At current prices - what do people think?

momentum - 01 Jun 2004 17:07 - 149 of 154

neilpos its called ramping.

SueHelen - 01 Jun 2004 17:13 - 150 of 154

Hi momentum, vile comments you keep stating are wrong. Twice now....

It's not called ramping as I clearly stated my resoning for selling back in March. The price has drifted down because the current situation is different now to what it was few months ago. The directors took out options at 1.4 pence which investors did not like, they carried out several fundraising deals, and lastly they announced a consolidation of the shares which will become effective in the future to reduce the smaller shareholders. They would like to attract insituitional shareholders hence a 100:1 consolidation is planned. Now with that overhang, the price is unlikely to rise is it...common sense.

aldwickk - 16 Jun 2004 15:58 - 151 of 154

Anybody know why they have gone up 26% today.

SueHelen - 17 Jun 2004 09:55 - 152 of 154

Another disgraceful display of greed from this company and it's directors. I'm so pleased I don't own these any more! I've been watching though since I sold but I won't touch them now. You just know that if the share price goes up, the directors will exercise options and send it back down again! They've done it before...

RNS Number:8500Z
Net b2b2 PLC
17 June 2004

NETB2B2 PLC ("NETB2B2" OR "THE COMPANY")

Grant of Options to Directors


The Company announces that yesterday it granted options ("Options") under its
Company Share Option Plan over ordinary shares in the Company at an option price
of 0.75 pence per share to the following Directors:

Name of Director Number of New Total Options
Options Held After
Grant of New
Options

Keith Young 6,825,000 20,475,000
Andrew Gannon 6,825,000 20,475,000
Geoffrey Griggs 6,825,000 20,475,000
James Andrews 507,500 1,522,500
Timothy Childs 1,225,000 3,675,000

These options are normally exercisable between 2 and 10 years from the date of
grant (or earlier at the discretion of the Board). Options granted to Keith
Young, Andrew Gannon and Geoffrey Griggs have been granted under the provisions
of the Enterprise Management Incentive Scheme ("EMI") to the extent permissible
to take advantage of the favourable tax treatment offered by the Scheme.


For further information, please contact:

Keith Young / Geoffrey Griggs John West
Netb2b2 plc Tavistock Communications
Tel 020 7878 1007 Tel 020 7920 3150

17 June 2004


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

END
RDSSFFFAMSLSEFM

windys160 - 18 Jun 2004 06:46 - 153 of 154

surley they can't do it forever the price must go up at some point?

Golfclub12 - 03 Feb 2005 08:28 - 154 of 154

I have just bought in!!!Fingers xxx
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