This appears to be a good one. Profits are just about to start happening and there is a lot of growth to come.

smartFOCUS Group PLC
23 May 2005


Immediate Release 23rd May 2005

smartFOCUS Group plc

AGM Statement


smartFOCUS Group plc ('smartFOCUS' or the 'Company'), (AIM : STF), the
specialist supplier of software for direct marketing, is holding its Annual
General Meeting at 10.00 am today. At the meeting, John Charles, the Chairman,
will make the following statement:

'smartFOCUS has made a positive start to the new financial year. Trading
continues to be strong reflecting improved market conditions and reinforces the
Company's growth strategy. The number of projects that continue to move from a
competitive, to preferred supplier status continues to increase and underlines
the Board's confidence. The conversion of prospects into orders continues at a
substantial rate, including a recent contract signing with a major holiday
company, the Vacation Rental Group, part of Cendant Group (announced separately
today) worth in excess of 800,000. The Company has also recorded strong growth
in its new managed services offering with over 200,000 under contract.

'The Board views the prospects for the Group as very encouraging. As indicated
at the time of the preliminary results, the management and the Board remain
active in looking for new opportunities, including earnings enhancing strategic
acquisitions which have discrete, but complementary offerings.

'smartFOCUS intends to report interim results for the 6 months to 30 June 2005
in September. The Board anticipates that these results will show a further
improvement in the Company's financial performance.'


Enquiries:
smartFOCUS Group plc 0117 943 5800
Chris Underhill, Chief Executive
Steve Kirk, Finance Director

Buchanan Communications 020 7466 5000
Lisa Baderoon / Charlie Howard

Taken from Barclays Stockbrokers website today:
Forecasts
Year Ending Sales (m) Pre-tax (m) EPS P/E PEG EPS Grth. Div Yield
31-12-2005 4.10 0.20 0.30p 40.8 n/a n/a n/a 0.0%
31-12-2006 6.40 1.60 2.10p 5.8 0.0 +600% n/a 0.0%

Covering analysts: Sarasin

Going up!

Tipped in Shares Mag and one good contracts in H1....full year could see the P&L and BS turn around for this small cap....?

Put a new thread up on smartFOCUS, trading update due this month, things are looking positive and its looking undervalued.

New thread as per below :

http://www.moneyam.com/InvestorsRoom/posts.php?tid=9319#lastread