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Autonomy (AU.)     

chessplayer - 27 Nov 2007 09:00

Any views on where this stock might be headed?
Its already down by 250 from its high of just a few weeks back and if i knew anything about charts,WHICH I DON,T,maybe it is time to cash a few in

Clubman3509 - 22 Jul 2010 09:03 - 313 of 450

Kosher I assume

cynic - 22 Jul 2010 09:04 - 314 of 450

the Q is kosher; the drinks (thank God!) would not be!

Clubman3509 - 22 Jul 2010 09:06 - 315 of 450

Blood of Palestinians maybe

cynic - 22 Jul 2010 09:17 - 316 of 450

a serious Q however .... as i said, wentworth is a delightful place for drinks or even lunch

Clubman3509 - 22 Jul 2010 09:19 - 317 of 450

Heard they have a second rate golf course

Clubman3509 - 22 Jul 2010 09:49 - 318 of 450

Autonomy revenue up
StockMarketWire.com
Commercial software house Autonomy announced record revenue of $415.3m for the half-year to end-June, in line with analyst expectations of $412m-417m).

H1 revenue was up 28% from the prior year period, with overall organic growth at 14%.

Six months organic IDOL revenue growth was 24%; organic growth, excluding professional services, was 18%.

Gross profits were $363.4m, up 26% from H1 2009; gross margins at 88%.

The group enjoyed record H1 profit before tax of $182.7m, up 24% from H1 2009.

H1 fully diluted EPS was $0.53 (within the range of analyst expectations of $0.52-$0.55), up 22% from H1 2009 (IFRS: $0.42, up 17%).

Cash conversion for the second quarter was 98% (Q2 2009: 66%), and for the first half of 2010 was 93% (H1 2009: 72%).

Dr Mike Lynch, Group CEO, said: "The first half of 2010 continued to show a gentle recovery with discretionary spend continuing. In considering the macro environment our customers are positive but still cautious. We saw continued positive moves in the 'Power' and OEM parts of our business. The 'Promote' area is starting to convert its great promise into sales as a lot of pre-recovery work is being undertaken by our customers and the 'Protect' part of the business has seen a number of high profile corporate and regulatory events underpin its continuing strength. The ability to understand the meaning of information and breadth of capabilities IDOL offers on a single platform meant that our competitive position remains strong and was recently recognised by independent analysts at IDC, who acknowledged Autonomy to be the world's leading provider of archiving, search and discovery solutions."

"The OEM business continues to be our fastest growing revenue stream, and we see a powerful networking effect underway as IDOL further penetrates the entire spectrum of enterprise software applications. The shift to new delivery models is ongoing and Autonomy continues to operate the world's largest private cloud computing platform, with SaaS contributing over a quarter of Group revenues in the first half of 2010. We also continue to see a growing interest in our "Promote" solutions and we now see multi-million dollar deals in the pipeline for Meaning Based Marketing, where we believe there is pent-up demand. The strategic success of the recent MicroLink acquisition has already become apparent with a multi-million dollar contract signed directly with a US federal customer during the second quarter. Our government business, which is mainly focused on national security, has proved robust in the current climate of curtailed government expenditure and we do not expect to see any deterioration in this area."

Lynch concluded: "Given the continuation in the improvement of the macro environment, we took advantage of opportunities to improve the brand reach of the company by entering into new marketing arrangements. The robust demand backdrop and solid execution led to record revenues and EPS in the second quarter and first half of 2010, with strong cash generation. As in previous years, we expect to see the usual seasonality and unpredictability of the split of revenues between Q3 and Q4. Overall we face the rest of the year with a strong balance sheet, and in light of the continuing macro recovery, we are confident in our ability to continue to deliver strong growth for the full year."

Story provided by StockMarketWire.com

IMHO 1250 is a fair value market price for this stock but maybe only go to this if the Doctor sells.

cynic - 22 Jul 2010 10:06 - 319 of 450

wentworth - not now richard caring's spent about 7m on revamping/rejuvenating the west .... 8th and 18th greens will need a further tweak this autumn/winter for 2011, but it is now a very serious test and the greens are 150% better, though they need another year or two before they can keep them cut tight

east is the shortest cost, but much under-rated and an excellent test for most amateurs, especially off the back tees.

south (edinburgh) - until the revamp of the west, we all reckon this was the sternest test ..... arguably too many doglegs, but a damn good course

Clubman3509 - 22 Jul 2010 10:18 - 320 of 450

You want to try and play Bangkok courses, 36 degrees 98% humidity.
The caddies are great they do an all in fee before and after the game.

tabasco - 22 Jul 2010 10:20 - 321 of 450

Yes but what is their crazy golf like?is the tarmac flat?

Clubman3509 - 22 Jul 2010 10:24 - 322 of 450

Good call Cynic

cynic - 22 Jul 2010 10:53 - 323 of 450

we have an office in s'pore and our guy is a keen and useful golfer, so i know all about f/e "hospitality" - we see his expenses! ..... but i tend to leave f/e to my much younger co-director!

Clubman3509 - 22 Jul 2010 10:58 - 324 of 450

Now you are a director, not bad rise from office boy, did you achieve this on the casting couch.

Clubman3509 - 22 Jul 2010 11:03 - 325 of 450

I have an office in
Bangkok
Pattaya
Hong Kong
London
Tenerife
Mallorca

Complete with kitchen, bedrooms, bathrooms, servants quarters, and swimming pools.

cynic - 22 Jul 2010 11:06 - 326 of 450

how nice for you .... the big diff between us is that i tell the truth, but you are more walter mitty (at best) ... please don't start getting silly again!

skinny - 22 Jul 2010 11:06 - 327 of 450

And you put a stop in (some time ago) to go shopping!

cynic - 22 Jul 2010 11:07 - 328 of 450

i didn't want to mention that!

Clubman3509 - 22 Jul 2010 11:12 - 329 of 450

Correct Skinny wow you are on the ball today

Clubman3509 - 22 Jul 2010 11:13 - 330 of 450

Harrods & Bond Street trip commences at 1pm cynic want to join us for a coffee.

Chris Carson - 22 Jul 2010 11:17 - 331 of 450

So that'l be down the Arndale Centre on the tram, in the real world eh Grubby?

skinny - 22 Jul 2010 11:18 - 332 of 450

Another view :-

UPDATE: Autonomy's Earnings Miss Views Sending Shares Lower

Today : Thursday 22 July 2010
U.K. software group Autonomy Corp. PLC (AU.LN) slightly missed expectations for second-quarter earnings Thursday and posted disappointing margins, sending its shares sharply lower on the London Stock Exchange.

But Chief Executive Mike Lynch was nonetheless upbeat, noting the first half of 2010 "continued to show a gentle recovery with discretionary spend continuing."

"Overall, we face the rest of the year with a strong balance sheet and, in light of the continuing macro recovery, we are confident in our ability to continue to deliver strong growth for the full year," he said.

Lynch also said the company is on track to announce a deal by the Autumn, but declined to elaborate.

Autonomy's fully diluted earnings per share excluding exceptional items--the key figure tracked by U.K. analysts--rose 7% to 28 cents in the second quarter ended June 30 from a year earlier, compared with expectations of 29 cents. The miss was due to a higher interest charge from convertible loan notes issued in March and more shares in issue, which was slightly mitigated by a lower tax charge.

Second-quarter net profit rose 2.9% to $52.4 million from $50.9 million a year ago on a 13% rise in revenue to $221.1 million, broadly in line with expectations.

Operating margins fell to 43.6% in the second quarter from a year ago, hit by higher marketing spend and hardware costs. That compares with a 44.4% margin in the first quarter of 2010 and 47.2% in the second quarter of 2009.

As a result of a mix of lower gross margin, higher interest charges and lower tax, Panmure Gordon analyst George O'Connor will trim his 2010 EPS and revenue forecasts and cut his target price on the stock, although he maintains a hold rating.


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