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 ?

momentum,

I realise you're following the trend, but its practically trading at its cash balance level.

The market will soon realise that this negativity has been overplayed. This has got to be a buying opportunity.

Even 1 TDI contract will change this trend!

TSQ.

Agreed price is cheap and it will get cheaper.At the end of the day youve got to have volume buying to drive the price, we are not getting this and until we do the price will continue with its current trend. Point and figure, which is a good indicator for trend change is showing continued weakness. It has also been some time since the last TDI contract.Imho CMS are finding it tough trying to secure another.

Let your trend be your friend. 9.25-10p and still no buyers at these levels.Looking for a 9-10 close.

Looks like a lot of investors are beginning to lose patience. 9-9.5p. 8p is my initial target. But 6p post share mags tip could be capitulation.Pre Nov tip SP is still up 100% and apart from fund raising nothing of any significants has been announced, so we are heading back to where the rally began.

That's enough for me ! Already lost 30% on this junk so am getting out before that becomes 50%. Going back to some nice safe companies !
Good luck to the rest of you.

Flinny,

I understand the sentiment but IMHO it is worth hanging on to - at least I am going to for the near future. Giles Hargreave picked up 1.9 million shares last month for the Marlborough Special situations Fund. On 16 April Joanne Wallen, Citywire recommended it as a buy (have had a lot of success with her recommendations). "Either way at just 3.25 times next year's forecast earnings and with 4.1p per share of cash, the risk that some of the pipeline deals do not convert as the company hope is more than factored in to the price. Buy". She also suggested it could be a takeover prospect. Good luck!

These will be back up, the MM's are taking the people who took T10's out for the results to the cleaners thats all.

Momentum,

I agree with your sentiment, CMS is drifting and will continue to drift (not necessarily lower!) until direction is is secured by revenue.

This new low has attracted buyers to the stock - probably existing holders adding though.

Have topped up holding as I believe in the product set - but believing in a product set and securing new contracts are miles apart, the rest is pure conjection!imho.

Patiently awaiting that golden rns.

JJ50, thanks for your posting. I'm just not experienced or patient enough to stick with anymore high risk investments - I was doing very well with stocks that I am familiar with eg COLT and Spirent who are good solid companies. I'm sure CMS will eventually come good but I bought at 14p and that looks at least two years away at the moment. I'm confident I can get my money back and get into profit by trading with my favourites !

Flinny, I agree - stick to your winning formula. Good luck with Colt and Spirent!

14p 2 years away ?! TDI contract announced between now & end of June 15 - 18p support. Then maybe another 4 announced 2nd half of year plus Prophet X clients.....30 - 40p year end should be fairly easy. Good luck however if your winning ways are working.

Initial and continuing support fees from these three big customers accounted for 54% of CMS's miniscule 1.63m turnover in the year to December (which in turn helped to slice a fifth from pre-tax losses to 543,000). But Antell believes that the pace of TDI sales can be ramped up to as many as five this year. A couple of futures exchanges in the Far East are already said to be nibbling at the bait, even if they are not quite hooked as yet. He says he would be disappointed if he has not got something to report by the end of the current quarter in June.


Seriously undervalued !

At this price shares are trading on just 4 times next year's forecast earnings. Even allowing for some slippage in revenues, this share looks just about as cheap as they get at this time.

Too tasty guys! Very easy to be negative, but remember if you believe in the company over the long term, you only make brokers rich by buying in & out short term.

Maybe for the patient, but worth it. Are any of you seriously saying this company wont sign ANY new TDI deals!!!!!! Each said to be worth 500-750k?

Come on CHAPS! If the company wound up tomorrow, half of it is CASH in the bank.

Panic if you must, but ask youself this, given the company's increasing turnover, sales and move towards profitability, coupled with an oversubscribed fundraising at 10pence, is this really a no hoper??

TSQ.

10p was a key support level.A two day close below 10p, would indicate a move down to 8p. After this level this will be little resistance down to 6p and 4p. Will probably trade down to is cash level, before establishing a new uptrend.. I know unbeleiveably cheap, but the markets are not renowned for being logical. And we seen it time and time again.Remember this is a micro cap stock and fundamentals dont always surface when you expect them to, and quiet often behave in a different manner to a mid-small cap which are more widly followed.
Until we get an anouncement of a TDI contract SP is going one way and thats down.We may get news tomorrow or next year who knows.Im going to top up some more( big time) but ill what for them to get cheaper.At this rate ill soon have to declare an interest LOL

Anyone can see that their potential is massive & they are putting everything in place. Pulling all the right moves just a bit of a delay on firm news, we may drift some more but we all know what to expect in the coming months & I'm sure we wont be dissapointed. Expecting a small amount of blue tomorrow.

There's no big sells / sellers, just small retail investors which the MM's will be happy to take to the cleaners & sell their shares back to them for a nice markup. Good work if you can get it.

The big boys are sitting tight.

Bid taken down to 8.5p first thing. Offer being held at 10p and bid being moved around.Once offer is reduced should be a fairly swift move down. With all this bullishness its a shame no ones buying, all sells again.

Offer in the market 9.4-9.5p.

Now cheaper than placing, institution in a 15% loosing position. Bet there well chuffed for a 4 month investment.

Very small buys at 9.35p. Looks like 8.5-9.5p monday morning. Have a good w/e.