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 ?

If there's no news/or rather no story/potential they wouldn't even bother to try and raise the cash?

Agreed but i would have expected so news with the rns.This will create uncertainty. As investors second guess the placing price. I cant see the instititions wanting to pay much more than 10p.But if they have a fantastic growth story to tell then they may be clambouring over each other to obtain a stake. Lets hope the offer is well oversubscribed. AS you said 2.5m is not a vast sum of money.

Mind you its quite a lot when you have a market cap under 10m

boroboys - 28 Nov'03 - 18:09 - 715 of 718

"...and the money is necesary to shore up their balance sheet so they can deliver the projects/products. "



boroboys, I think you are wrong there my friend. The company already moved into the black this year.

The TDI software product already exists. It is already available. Its reliability already proven. Success already delivered.

Monies raised from the proposed placing are simply to market the product in the US.

even better then

well i'm happy to get a balanced discussion on the board and some of us are clearly taking fright at the past few days falls. I was unfortunate/stupid enough to top up at the recent peak of 19 and which means the bid is fast approaching my 13p average. I will be watching carefully on mon. to see the market response to the news. I would agree that some contract news would be welcome now.

In any case the new shares will be offered at a discount to todays closing price, no indication of what value discount might be. Has anyone any idea whether a 33% dicount ie 10p price is likely or something much less. Can someone clarify what the dilution will be - if the market value is 10m, the 2.5m represents 25%, does that imply our shares will be diluted to 80% of current value before any movement in share price?

If i sound confused, well, maybe I am. Its the largest investment/gamble I have made on a single share and its beginning to make me nervous....

GN

Global Nomad

Remember the RNS said UPTO 30 million new shares

The number of shares actually allotted under the Proposed Placing may be
significantly less than 30,000,000, depending on, inter alia, levels of demand
and the subscription price agreed with new investors

So could be significantly less.

This share could go either way on Monday or all over the place.

Cheers

Martin

Sue

You still alive????

Hi all, been away at university today hence the absence today. I regard the fundraising as welcomed news as I was expecting it before I receive the contract news and the very soon note by Corporate Synergy. I am still holding my full holding. Nothing has changed for me with the RNS release today. Nothing at all. I was very clear with what I was expecting and waiting for two more releases during December.

Best Wishes,

Sue.

RNS Number:6516S
CMS WebView PLC
28 November 2003


CMS WebView plc

Statement re Proposed Placing and Extraordinary General Meeting

On 10 November 2003, CMS WebView plc ("the Company") announced that it was
considering a fundraising and consulting its advisers accordingly.

The Company has now begun the process of undertaking a placing to institutional
and other investors, seeking to raise up to #2.5 million ("the Proposed
Placing").

Funds which the Company intends to raise via the Proposed Placing will be
applied primarily to increase the marketing of its main Transactional Data
Interface ("TDI") product, including in the US market, where the Company has
previously won TDI orders from the Chicago Mercantile Exchange and the Chicago
Board of Trade.

The Company is today sending to shareholders a circular which includes a notice
of an extraordinary general meeting convened to seek their approval to increase
the authorised share capital of the Company and to authorise the directors to
issue and allot ordinary shares on a non pre-emptive basis, including up to
30,000,000 new ordinary shares specifically for the Proposed Placing.

The subscription price of any new shares to be issued under the Proposed Placing
has not yet been agreed, but is expected to be at a discount to 15.25p, the
Company's mid-market share price at the close of business on 28 November 2003.
The number of shares actually allotted under the Proposed Placing may be
significantly less than 30,000,000, depending on, inter alia, levels of demand
and the subscription price agreed with new investors.

Copies of the circular to shareholders are available at DLA, 3 Noble Street,
London EC2V 7EE. Further details will be announced in due course.

Enquiries, please contact:
Bob Antell
Chief Executive
CMS WebView plc
020 7744 7722

Neil Boom
Gresham PR Ltd
020 7404 9000

Andy Pedrette
Smith & Williamson Corporate Finance Limited
020 7637 5377

Justin Lewis
Corporate Synergy Plc
020 7626 2244

28 November 2003



Sue.

LONDON (AFX) - CMS WebView PLC said it is to raise 2.5 mln stg via a
placing.
Funds will go to increasing the marketing of its main Transactional Data
Interface product, including in the US market, where the company has previously
won TDI orders from the Chicago Mercantile Exchange and the Chicago Board of
Trade.
The subscription price of any new shares to be issued under the proposed
placing has not yet been agreed, but is expected to be at a discount to 15.25
pence, the company's mid-market share price at the close of business on Nov 28.

Sue.

Sue.

Sue.

Phoned up Corporate Synergy and they have said it would be unlikley that any shares would be offered to private shareholders, but this would have to be passed at the egm.

Sue.

Been picking the bones out of the RNS and these I believe are the main points

1. It is seeking to raise upto 2.5 million pounds.

So could be less?

2. The subscription price of any new shares to be issued under the Proposed Placing has not yet been agreed, but is expected to be at a discount to 15.25

It does say it will be below 15.25 so it can be above this limit?

3.The number of shares actually allotted may be significantly less than 30 million. Depending on inter alia, levels of demand and the subscription price agreed with new investors.

So I see it that if the share price is at 19p the discounted price might well be 14.5p and only 17 million shares would be issued, it could of course be that the price might be 12p and the disounted price 10p. But the thing to remember is what was said in the RNS 'maybe significantly less'

These are of course only my views and by reading the mails on here today others have a very different view.

I for one am in long term as I can see this share reaching higher levels than before possible this year but for sure next year.

I wish you all well and good luck.

My take on things

I don't see it makes the slightest difference, the directors have ensured sufficient flexibility for themselves that they will raise money at the time and price that suits them best...this is not survival money being raised in desperation.
The cash position is secured so the risk is low, the array of products is priced right and the company is on the verge of signing new major contracts.
The share price has risen substantially over the last few weeks and was due a retracement. Does anyone here think they would try to raise cash when their share price is on the verge of collapsing? 2.5 million is not small change, so in order to encourage investors to part with this sort of cash I would have thought they'd have some juicy contracts in place to make it worth their while. I'd expect these contracts to be announced in the next few weeks. I think this is why the RNS stated the the number of shares issued could be SIGNIFICANTLY below 30m. Just my positive take on things.
Subsequent information on the US expansion too...!!!

Nothing about the company has changed over the last 2 days except the share price as far as I'm aware. How many times have we seen it? Price falls, weak holders sell, and next rise begins.

Assuming we get the contract news that I am expecting, I can't see this below 50p by Christmas.

Best Wishes,

GoodNight all!

Sue.

finally hear some positive response and looking forward CMS

I think this is sue's baby.......

If we survive this shall we all meet up and get smashed some time in the future......

done a little bit of practice to night...

good luck all

littlejon.

A few points of reflection and speculation on yesterday's RNS.....

...was the 15.25 price in the RNS known before the market closed ?

...did the mm's 'manage' the market to that price ?

...was the 15.25 just where the market left the price that day as a result of the buy/sell activity ?

...if yesterday had been a more bullish day on the markets..could the price in the RNS have been 16/17/18/19/20p or whatever ??

...we know the mm's have struggled to contain the demand for this stock...the words 'discount to' can usually be relied on to stem demand for a while...was that wording at the mm's request ??

...the words 'expected to be at a discount to' appear to leave the whole pricing question completely open still...could be lower or higher than Friday's price...who knows ??

...the words 'The Company has now begun the process of undertaking a placing to institutional and other investors' seems to confirm that the price and amount has not yet been finalised...and could therefore be a variety of combinations to raise up to 2.5m...or maybe more if oversubscribed...or at a better price...who knows ??

So lots of questions still left open by the RNS in my view !!