I have held shares for quite a while in Mondas and it seems that patience is about to be rewarded. Recent contract wins from Man Securities and Credit Suisse lend credibility to Mondas's software solutions for the corporate actions space.



Momentum is clearly building, and at the current 30 pence, this share seems to have tenbagger potential. Market cap at present is just over 6 million pounds.

Do your own research, of course!

Best Regards
Romeo

Mondas PLC
14 July 2003



Mondas PLC
('Mondas' or 'the Company')

Proposed Placing by Teather & Greenwood Limited
of 5,000,000 new Ordinary Shares at 30 pence per share

Mondas PLC today announces a proposed placing of 5,000,000 new ordinary shares
representing 23.7 per cent. of the existing issued ordinary share capital of the
Company, at a price of 30p per share (the 'Placing Price') to raise 1,500,000
gross (approximately 1.425 million net of expenses) (the 'Placing'). The
proceeds of the Placing will be used to accelerate Mondas's product development
plan and to expand into other markets. The Placing is conditional upon
shareholder approval which is to be sought at an Extraordinary General Meeting
('EGM') of the Company convened for 8 August 2003, notice of which is set out in
a circular ('Circular') to shareholders to be posted later today.

Background and reasons for the Placing

In the Chairman's statement announced with the preliminary results on 25th June,
2003, we described the encouraging trading which we experienced in the second
half of the year ended 30th April, 2003, achieving our best operating results to
date, posting record revenues and operating profits with substantial cash
generation. Also described was how the business of Mondas is now organised into
two discrete business units, namely the Banking and Securities Business Unit and
the Resource Business Unit, which concentrates on the Public and Commercial
Sectors providing the Resource accounting and financial software solution.

In the Chairman's statement it was stated that the Board believed opportunities
faced the Company which would enable it to expand both organically and by
acquisition.

Following the announcement of the preliminary results, our flagship corporate
actions product, Radica CAPS, led Mondas to be assessed by an independent panel
of user experts at the 2003 City Compass Benchmarking event, 'as the leading
supplier of Corporate Actions systems for Asset Managers and Broker Dealers'.
Our customer list now includes Credit Suisse First Boston (Europe) Limited,
Credit Suisse Asset Management, GNI, Man Securities, Close Wealth Management and
Brewin Dolphin.

Following this assessment the Directors believe the Company has an opportunity
to take Radica CAPS into other markets, including Global Custody and overseas
markets, in particular the United States where specific opportunities exist with
large financial organisations. To capitalise on these opportunities we now need
to accelerate plans. At the same time we need to augment our local
implementation and support services in these overseas markets. The Directors
recognise that development of these opportunities can involve protracted
negotiations and investment during the sales cycle.

The Directors have recognised for some time that additional equity capital would
be necessary to pursue these objectives and address the issues just described.
The Placing will broaden our institutional shareholder base and enhance our
financial strength, particularly when being viewed as a vendor of major systems.
We also believe that small complementary acquisition opportunities exist in
our market place, particularly for those companies with the resources to exploit
them.

Current trading

On 25th June, 2003 the Company announced its preliminary results for the year
ended 30th April 2003, which showed a turnover of 3.71 million an operating
loss before goodwill amortisation and depreciation of 680,000 and a loss before
taxation but after goodwill amortisation and depreciation of 2.22 million. The
results for the year are set out in full in the 2003 Annual Report and Accounts,
which are to be enclosed with the Circular.

The Company is also pleased to announce today that the Resource Business Unit
has won two further assignments in the health and education sectors. The Orkney
NHS Trust contract is worth approximately 80,000 and the University of Wales
Registry 40,000.

The Placing

The Company is proposing to raise 1.5 million gross (approximately 1.425
million net of expenses) by the issue of 5,000,000 new Ordinary Shares at the
Placing Price, (representing 23.7 per cent. of the Existing Ordinary Shares) to
institutional, and other clients of, Teather & Greenwood. The Placing Price
represents a premium of approximately 3.45 per cent. to the closing mid-market
price of the Ordinary Shares on 11th July, 2003 The net proceeds of the Placing
will amount to approximately 1.425 million, which will provide working capital
for the Company. The Placing is conditional on the passing of the resolutions
('Resolutions') to be proposed at the EGM.

Pursuant to a Placing Agreement, Teather & Greenwood has agreed to use its
reasonable endeavours to procure placees for the Placing Shares at the Placing
Price. The Placing Agreement is conditional on, inter alia, the passing of the
Resolutions and admission to trading of the Placing Shares on AIM. The Placing
is not underwritten.

The new Ordinary Shares will not be offered generally to shareholders, whether
on a pre-emptive basis or otherwise. The Directors believe that the additional
cost and delay to which a rights issue or an open offer would entail, would not
be in the best interests of the Company in the circumstances, given the relative
size of the Placing.

Application will be made for the Placing Shares to be admitted to trading on AIM
and dealings are expected to commence on 11th August, 2003.

Recommendation

The directors unanimously believe that the Proposals are in the best interests
of the Company and its Shareholders and recommend that shareholders vote in
favour of the Resolutions, as they intend to do in respect of their aggregate
shareholding of 6,500,246 Ordinary Shares, representing approximately 30.8 per
cent of the issued share capital of the Company.

EGM

Notice of the EGM is set out in the Circular which is beheld at the offices of
John East & Partners Limited, Crystal Gate, 28-30 Worship Street, London EC2A
2AH on 8th August, 2003, at 10.35 a.m. (or as soon thereafter as the Annual
General Meeting convened for 10.30 a.m. on the same date and at the same place
shall have been concluded or adjourned).

14 July 2003


ENQUIRIES:

Mondas PLC Tel: 020 7392 1302
Ian Selby, Finance Director

Teather & Greenwood Tel: 020 7426 9000
Stephen Austin

John East & Partners Tel: 020 7628 2200
Simon Clements

College Hill Tel: 020 7457 2020
Matthew Smallwood



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

This baby looks like it wants to run...

Starting to move now... 32-35

I like the look of this one Romeo and am thinking of getting in. Thanks for your excelent research on the company.

Would just like to add that Techinvest are going to be running an article on this in the August issue, so we could see a price move north around the beginning of August. good luck. GF

Somebody bought 25k late in the day at 1p above the ask, very interesting...

Breaking out now, 42p midprice.

Is that Romeo for Etrade * ADVFN ? :-)

Yes, indeed! How are ya, Croc?

Mondas PLC
31 July 2003


31 July 2003


MONDAS PLC ('Mondas' or 'the Company')

New Contract



EIGHT COLLEGES IN CONSORTIUM CHOOSE NEW RESOURCE LEARNING MANAGEMENT SYSTEM FROM
MONDAS


Eight of a consortium of Sixth Form Colleges has selected Mondas PLC's new
Resource Learning Management System (LMS). The aggregate contract value
(comprising licence, services and the first year's software support) is in
excess of 250,000 with potential additional support of approximately 300,000
over a further four years.


'I mentioned in my recent Chairman's Statement that we had received some Letters
of Intent from the consortium of Sixth Form Colleges and we are very pleased to
announce that the first eight have now signed contracts. We expect the remainder
to close in the near future' comments Tim Simon, Chairman & Chief Executive
Officer at Mondas PLC.


Resource LMS, is one of the latest additions to the Mondas portfolio for the
Education Sector where its Financial Suite, Resource 32000, is already a market
leader. This new comprehensive solution comprises Learner administration,
Examination & Programme management, Timetabling & Registers, Resource Planning
and the all-important reports upon which government funding is based.


The eight Sixth Form Colleges currently contracted include Shrewsbury, Hereford,
Collyers (Horsham, West Sussex), Sir John Deane (Northwich, Cheshire), Regent
(Leicester), Gateway (Leicester), Wyke (Hull) and Varndean in Brighton.


Tim Simon continues: 'The Education Sector is of strategic importance to Mondas
and we have built an exciting range of solutions specifically for education
environments. These include Financials, MIS, HR, Payroll, Continuous
Professional Development and, of course, Resource LMS which we believe has a
significant market opportunity as endorsed by this Sixth Form Consortium.'



Ends


For further information, please contact:

Tim Simon or Sally Johnson, Mondas PLC, Tel: 020 7392 1300
Website:

www.mondas.com.






This information is provided by RNS

Romeo, Very well thanks. Good to see you on here.
D.

We have now tested - and held - support at 40 pence. Chart looks strong.

Now testing 50p resistance, next stop 70p in my humble opinion...

Mondas PLC
23 September 2003


23 September 2003


MONDAS PLC ('Mondas')


CREDIT SUISSE FIRST BOSTON (EUROPE) LIMITED EXTENDS WORK ORDER FOR MONDAS'
CORPORATE ACTIONS PROJECT

Banking & securities software specialist, Mondas, announced today that it has
received a further work order to the value of 170,250 which extends the
agreement already in place to deliver its flagship product, Radica CAPS, to
Credit Suisse First Boston (Europe) Limited.

For further information, please contact:

Sally Johnson
Mondas PLC
020 7392 1300

www.mondas.com

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

Romeo,

Any ideas why the share is down on good news??

Thanks

T

Could be that everyone was expecting a larger contract with the aforementioned "major U.S. bank." That seems weeks away now, at the least.

R.

Thanks for that R. I have been monitoring this stock for a while but was never sure when would be a good time to buy. Do you think this stock is still attractive at its current level?

Newsflow continues to be positive, I remain surprised that the shares haven't moved on the back of two separate contract announcements:

-------------------------------------------------------------------
Mondas PLC
24 September 2003


Release date: 24 September 2003
- embargoed until 7 a.m.


MONDAS PLC ANNOUNCES FOUR NEW CONTRACTS FOR ITS RESOURCE ACCOUNTING DIVISION


AIM-listed Mondas PLC, a market leader in specialist software solutions for the
Further Education and Finance Sectors, today announces four new contracts
totalling over 195,000, including its first order for the recently released
Resource CPD solution for Continuing Professional Development.

This is from South East Essex College of Arts & Technology, which will integrate
CPD with its existing Resource 32000 Financial Suite and Human Resources
solution.

The Sixth Form College consortium which recently placed orders for the new
learning management system, Resource LMS, has now been extended with two further
contracts received from Palmer's College at Grays in Essex and Luton Sixth Form
College, bringing the current total to ten participating colleges.

Mondas' Resource 32000 is also widely used across a range of commercial sectors
and its order processing solution for the Distribution Sector has been selected
by Ecoflam, a subsidiary of long-term client manufacturing and distribution
giant MTS Group.


For further information, please contact:


Sally Johnson
Mondas PLC
Tel: 020 7392 1300

www.mondas.com

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

My price target is 2 quid a couple of years out. A definite buy (and a safe one, at that) at current levels.

DYOR
Romeo

H1 Results out today, as well as an impressive contract win with HSBC.

Mondas has a bright future.

Romeo

50p resistance being tested again. Break through and next stop should be 80p level.

We are at the resistance point. Will we break today. Good luck to all holders.