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 they've installed 4000 terminals at 200/mth each, are we now saying cms t/o exceeds 10m?

I'm not a regular reader of this board but I have to say I'm extremely disappointed by the actions of SueHelen, having copied extracts of posts I made on the ADVFN CWV board last week he/she today edited the post made on Friday where he/she copied my post and passed it of as his/her opinion.

SueHelen this is a formal request for you to please explain your actions.

I think your behaviour has been dishonest and this is an opportunity for you to come clean and put the record straight.

Assume 20 traders at Nidera are to use ProphetX that's 20 * 200 GBP * 12 months gross income per annum or 48,000 GBP. What people don't talk about is the margin made - gross income is not translated to 100% profit. Since this is a re-sale of someone else's product, albeit on an exclusive arrangement, we could suggest a margin of 30%. This is typical for a bespoke service.

So that amounts to 15,400 GBP income per annum not taking into account the one off sales effort - hardly something to shout about. Which is what sensible people have realised after the initial announcement sent the price firmer earlier today.

For the more optimistic try a margin of 50% and 30 traders (Nidera is not big league, surprised if they have more than a dozen traders but can someone qualify?)

Clearly, CWV is keen to please investors, of which I am one, but this announcement is just plain silly for a company about to raise between 1.5 and 2.5 million GBP.

Thanks Happy for your honest evaluation of the figures announced today.

My personal opinion is that the company will have to announce better news on revenues if the price is to progress after dilution.

The company has managed the timing of its announcements superbly.

Share price languishes for months. Company wishes to raise capital. A tip appears in a share mag. Price rallies massively on this tip. Bulletin board buzzes. Private investors drive price higher. Price reaches a peak and then starts to drift back down for a few days. After continued retracement from peak, fundraising is announced.

The fundraising announcement puts a marker in the sand at 15.25pence.

Now Axe? I would like to ask you, on what basis do you predict 26pence by Thursday, a 70% rise in 3 days? Is it a valuation measure? Is it technical analysis? Is it momentum trading? Is it volume?

Or is it as I suspect, merely a wild guess. You have derided opinions contrary to your own as being somewhat un-educated. Perhaps you would educate me by answering any of the above.

Hi guys,

What a day, being at university can be tiring. I had to hand in my interim report for my final year project and I successfully managed to hand it in.

With regards to CWV one of the contracts I was hoping for has been announced today and another one should follow suit in near future. Some have questioned why the price was at 14.5-16 pence for most of the day. I believe the fundraising will be at these prices hence I don't expect the price to go lower from these levels. The fundraising confirmation will be accompanied with a very good trading statement as I have iterated before. Hence these prices are very cheap! In addition, possibly another contract could be announced together with those two annoucements. A note(strong buy rating) from Corporate Synergy is due soon too.
CWV will be ready to surge again very soon!

Could come sooner than later, a good indicator was that the how many one could buy online was limited to 25,000 shares and one could sell 100,000 at an improved bid price of 15 pence. This is a good sign that MMs would like to get some stock on their books at this price and not let too much stock off their books.

With regards to allstar4eva's comments, I hope you go back to the start of the thread and see how long I have been holding this stock. I have explained my prediction of 50 pence by Christmas as you questioned which I am still expecting as I was expecting the fundraising which has been announced, more contract announcements, of which one was announced today and I am hoping for much more to come. I have always clearly stated what I was expecting for my price predictions. Two of the announcements have come through now. I may have looked at one of your post (just the one) but my judgements have been my own and that is the way I have conducted my posts over the last month. I hope you do not hold any grudges against me, and I apologise if my actions have caused any incovenience to you.

GoodNight fellow CWV holders and other fellow investors.

Best Wishes,

Sue.

Hi Sue,

Have been an avid reader of your posts. Cant fault your enthusiasm for this one!

But:-

On what basis do you put this stock at 50 pence in 3 weeks time?
A 233% rise in three weeks from now?

The information you have posted on this board, whilst very thorough and very helpful(thank you and please dont stop!) is information that all of us can find - it is public domain.

What do you know that the rest of us dont? Do you disagree that the revenue generated from the contract announcement today is actually quite small? These aren't big numbers.

The market is big - granted - but these arent big announcements Sue.

Best regards
TSQ.

Hi TSQ, just caught me before I have a nap.

The bigger announcements I am expecting are at the turn of the year are on the TDI products. These will start to come through as they break into America. What you are seeing at the moment is the company moving onto the next platform. Fundrasing first, ProphetX contracts, and then they will breaking into America. That has been the goal of the company for a long time and now it is about to become a reality. This could mean huge revenues coming in and by the time the results are announced in Spring next year I expect their products to be at an even stronger end of the market. By Spring I have predicted the price to be at 1.00. This is solely based on the TDI announcements I hope will come fruit but as we got into the new year it should become more clearer.

What you need to look at it the licences are coming through thick and fast now for ProphetX. It's been a slow process for all this time but it is happening for the company now. I would now expect the contracts/licences all to come thick and fast in the future.

I don't really want to compare with other companies but Gresham had enormous price rises on the back of their breakthrough!

GoodNight.

Sue.

Sue, have to say that even another deal announcement like today doesn't make much of an impact to turnover or EBIT. So don't get too carried away, I hope your predictions are correct but these deals are just normal transactions to support salaries and other costs of running a business. If anything, reporting them with fanfare only serves to arouse suspicion that the management team is stretching it's good fortune over the last couple of months a little too far.

thestatusquo & happytowatch.....guys if you don't understand what is really driving CWV by now...may I suggest you have not done your own research and really should go back to the playground....

SueHelen has done an excellent job in keeping people on this board appraised of her own research into the company and the market reaction over the past few weeks...including her own observations and analysis of what has been said elsewhere....which I have already suggested to allstar4eve should be taken as a complement and applauded for initiative...not berated in a self centred way....

If anyone has serious doubts about the future viability of CWV I would invite you to air your views on a somewhat more vocal and aggressive board on a d v f n .....I have found this board on moneyam to be of a more discerning nature...and I would challenge any derampers to come and have the discussion elsewhere anytime....as I do not have the time to occupy two boards all day....

Well done SueHelen...keep up the good work...and enjoy your profits !!

Hi Sue

Keep up the good work, it is thanks to your informative posts over the last few weeks that I am in this excellent position and reaping the rewards.

Cheers

Martin

thestatus......A little suprised, you seem to have a problem either reading, and reseaching the invo or in the interpretation of it. If you would like further help come across onto the ADVFN board where you will find me, and others giving detailed evaluations through out the day.

why it keep dropping......

As i said last week. uncertainty. Placing price is likely to be around 10p imho. And thats where the price is heading.If you operate a stop loss, which every investor should. you would have been out, with a profit and looking to get back in. The initial frenzy is behind us,Volume is weaking which indicates new buyers are waiting to see the placing price.The placing price may be known and price drifting to it.If a price has not been set then the lower it goes the more difficult it will be getting the placing away at a 2 digit price. Instititions will want a discount. imho placing price is known (leaked)

regards stephen

JUST BOUGHT SOME MORE,,,LONG TERM BUY ,,,THATS THE BOTTON LINE BOYS

SueHelen,

Thanks for your reply. I have no grudge against you whatsoever as I believe that you are generally doing a very good job. I also apologise if the tone of my post seemed harsh. It is good that you take the time to spread the word and keep spirits up on CWV!

All the best

A

cobras calm down with the postings. I think it will go down further yet before it rebounds

game_boy - We would all be delighted to hear your views/analysis on the material impact each ProphetX contract won has on the profitability of this company? Is it really that difficult to work out that we have to return back to school for a math lesson? Here are my workings:

EBIT = ( #seats * 200 GBP * 12 months * margin ) - COS
COS = one off sales effort + costs to support service + training

Have ignored any asset depreciation and other balancesheet stuff to keep it all simple although it is a re-sell of someone elses service so shouldn't affect the numbers.

Now, with the above in mind if you wish to critique please do so.

All trades show delays. 13-14 so lots of sells. Still, will be a rebound soon. For those who bought at higher prices there's not point of selling. Wait and see. Good things comes to those who wait. Thanks

happy to watch,

Is it a flaw in your calculation? Or maybe I understand your intention wrongly, then appology

IMO like in every other SW package, support service + training belong not to "cost", in fact they are source of revenue.

In the comp. where I work for example there is equipment with the initial cost of less then 125K, over 10 years the total cost is actually near the 2mil, due to 12% support service each year, additional SW\feature upgrade (sure you can refuse and stay with the very standard, time consuming features), and training hundert of engineer have been through (sure you can do the training yourself, and stop recruiting, but who want to work there!), you can of course refuse to upgrade in house and use external service, problem is it cost around 350/h, and at the end of the day 8*350 you often still can not solve the the problem 100%, money gone and SW+system still not belong to you. as with technology you have to go ahead with upgrading, adding new features and I don't think any one can refuse if the upgradding and extra cost bring 10x more profit at the end.

Same we can see with sage product. How much does it cost initially for sage standard, 2k, or 5K, no 200 and less, you can have for free; and what costs the sage2000? not more then 5K. BUT, again the maintance, service, working on extra features (script\problem solving) and training bring the extra revenue, Same as SAP initially element cost less then 500K, but where do these "ridicoulous cheap" products bring SAGE and SAP, SDL, MiCROSOF to, and please remember comp. which use those product still save hundert of thousands in accounting, logistic, and make millions so the extra cost doesn't hurt at all.

Please correct me if I am wrong

stand of order at 12:54

buy 801k/sell 276k