Ticker Symbol (CHR)
Trades delayed in reporting by an hour.

Chelford Group (Chelford) is focused on delivering competitive advantage to its customers through implementing and supporting business systems solutions which optimise new technologies.

Chelford's goal is to be a leading supplier of business solutions to target markets, from single source supply through to lifecycle support.

Chelford provides solutions in e-Procurement, Customer Relationship Management, HR, Financials, Manufacturing, Warehousing and Distribution, extending back office solutions into Internet Computing through creative Web design. Chelford solutions are supported with services in Systems Strategy, Project Management, Business Process Change, Web Design, Back Office Integration, Systems Hosting and Web Site Hosting.

In August 2000, Chelford acquired Strategic Systems International Limited (SSI) as the first step in achieving its goal. For information on SSI visit its web site at http://www.ssi-world.com.

In December 2002, Chelford reinforced its market position by acquiring the SAP Division of Notability plc now renamed Chelford Group SAP Division. For information on the SAP Division visit its website at http://www.chelfordsolutions.com.

Latest:


James Cropper plc

George Adams Case Study

New Whisky Customers

TROPOS Adds More Sizzle to Blakemans Sausages

Annual SSI User Conference, October 2003

Giles Foods Limited sign contract for full TROPOS system

Sundora Foods Case Study

Oxley threads sews up rapid TROPOS deal

Mitrefinch and TROPOS spin together for Callender Aeropart

Axminster Carpets weaves TROPOS into its processes

H & A 'uncorks' TROPOS for spirited bottling solution

Allergy Therapeutics prescribes TROPOS

SSI full of beans!

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Shares Review 27th November 2003

Chelford Group (CHR)is a software company. though some services still classify it under financial services. Confused? In fact, it reversed into an AIM shell in 2000 abd has since maintained an ultra-low profile. The core business is SSl, which sells an enterprise resource planning (ERP) package that runs on Oracle. A year ago, it also bought an SAP installer buisness. Finance director Martin Anderson is comfortable with the forecasts from house broker Arbuthnot. Rapid profits growth is feasible because margins in software licences are usually close to 100%. Customers include Bank of England and the Royal Mint.

Chelford would like to buy other ERP companies whose products are falling behind the times. It is debt free, but it needs to jack up its share price to give it some bid currency. Anderson says orders are improving, hence the confidence on profits. The spread on the shares is 0.15p - but heck, this is a penny share and no-one should be buying for a quick buck.

Latest News:

RNS Number:0778U
Chelford Group PLC
12 January 2004



FOR IMMEDIATE RELEASE 12 January 2004



Chelford Group plc

PERIOD-END TRADING UPDATE

Chelford Group plc ("Chelford"), the IT supply chain software and services
company, today provides an update on its performance for the year to 31 December
2003.



Chelford has made good progress in 2003, achieving a significant improvement
over the preceding year. The market has remained challenging throughout the year
but is now expected to move forward more strongly in 2004.



The SSI Division has been profitable for the whole year and Chelford SAP
Solutions achieved profitability in the second half of 2003. As a result,
Chelford will have achieved a profit before tax and goodwill amortisation for
2003 as a whole. Moreover, cash flow in the second half was positive and
Chelford has ended the year with net cash of #1.35 million (2002 : #1.07
million).



2004 has started well, with order intake during the closing weeks of 2003 strong
within both the SSI and SAP Solutions divisions. Contracted orders already
account for some 70% of Chelford's operating costs for the coming year.



Trevor Lewis, Chelford's Chief Executive, stated :



"After a challenging 2003, our marketplace appears to be stabilising and the
time needed to convert potential orders into signed contracts is becoming
noticeably shorter. An improved order pipeline within both the SSI and SAP
divisions together with the strong order intake in recent weeks gives us
increased confidence for our 2004 financial year."



Chelford expects to announce its results for the year to 31 December 2003 in
mid-March 2004.







About Chelford



Chelford Group plc is based in Basingstoke, Hampshire, and its shares are quoted
on AIM (stock code: CHR). Chelford has two principal operating divisions. SSI
is a developer and vendor of supply chain solutions based on its Tropos product
suite which is sold mainly to mid-sized corporate customers. Chelford SAP
Solutions is a SAP product value-added reseller and is ranked second in the UK.









For further information, please contact:


Trevor Lewis, Chief Executive 01256-685400
Steve Liebmann, Bankside 020-7444-4163 or 07802-888159




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


Current Price 1.5-1.65 pence.

Should also get Techinvest write up this weekend