Some good news this morning from them, it looks like 2004 will be a excellent year for them and the shares increased by 13%
Is this the start of another upward trend for them??

not really but am going to having a look, see if I can make some stab at what this year could give us. They seemed to win quite a few contracts last year so I want to see some sort of return. There was a good posting/promotion from a company that said they had chosen Chelford for various good reasons a couple of weeks ago on the ADVFN thread. Don't know if you've seen it, always keeps the spirits up anyway

15/12/2004 ~ Roper Rhodes Manages Soaring Growth with SAP

--------------------------------------------------------------------------------

One of the UKs fastest growing unquoted companies, Roper Rhodes is to use a SAP Business Suite from Chelford SAP Solutions to manage its business expansion and help deliver future success.

--------------------------------------------------------------------------------

Bath based Roper Rhodes has become one of the UKs leading independent suppliers of bathroom accessories and bathroom furniture. It has grown its turnover from 6m in the late 1990s to 36m today. According to last years Sunday Times Price Waterhouse Profit Track 100 survey, Roper Rhodes was the seventh fastest growing unlisted company in the South West and made the top 100 nationwide with just under 40% annual profit growth.

With over 2,000 retail customers, including Homebase, John Lewis and Jewson, and with a significant company acquisition to broaden its customer base, Roper Rhodes decided in early 2003 that its eight-year old information system was unable to provide the business process management now needed.


Business Processes

With the sort of business expansion and success we have experienced, we had to get a better grip on many more of the business processes, says Roper Rhodes Finance Director, Mark Roper.

Following intensive analysis of three competitive solutions, the Roper Rhodes board selected the Chelford SAP solution in November 2004. Implementation will be completed in two phases March and July 2005.

We took 18 months to really decide what was best for our business that shows how important the decision is. In the end we chose Chelfords SAP system because of its functionality, feature richness and future proofing vital for our growth prospects.


Control

Roper says: The SAP system is going to help us to control many more areas of the business now much more effectively than we have in the past better stock control, warehouse planning, customer relationship management and purchasing control, in particular. The Chelford SAP solution will also be used to support the companys finance, sales and distribution processes.

He adds: Its also critical for our future plans as we are using SAP as part of a systematic improvement approach were taking to the whole business.


Smartstart

Because Roper Rhodes wanted to exploit the systems benefits quickly, the company selected the SAP All-In-One solution from Chelford, called Smartstart for Household Products. Smartstart offers Chelford customers a way to get their fully integrated, front and back office SAP system straight out-of-the-box, live within weeks of starting a project.

Chelford Managing Director Trevor Lewis says: Its always exciting and flattering for Chelford to be asked to help with a future improvement plan for one of our customers. To win a competitive tender from such a stunningly successful company as Roper Rhodes is a great compliment.
-------------------------------------------------------------

www.roperrhodes.co.uk

more of the same i hope!!
Seems too good to keep chelfords price so low..just dont understand why the share price isnt rising a lot higher

can the price revival be sustained??

yes - all the way to making me money

i bought at 2.8, should i sell and take a loss or hold??

Kieth
I bought at 2.6 and am nowhere near selling yet.
I am actually thinking of topping up
Good company, well run.
This share price is still low for my money.
IMHO
Steve

I agree with your comments but the share price isnt doing anything exciting, and hasnt for a long time

Kieth
I think that this company is dynamic and will appear on lots of fund managers radars when it starts to pay a dividend.
I honestly think that this will be 4p+ by this time next year.
I have a good feeling about the business, I would have sold and took the loss if I didnt.
Good luck whatever you do.
I'm in for a good while yet.
Steve

thanks for this, im sticking with it as well!!

Wakey Wakey...Excellent day and a confirmed Breakout on the cards as it assaults through 300p. Results in a fortnight, looks likethere might be plenty of upside.

Remember Charles Stanley have a buy recommendation and a 450p target here.

Chelford,14-Mar,CharlesStanley,Buy,(price)276.00p,(target)450.00p,Reiteration.

http://www.growthcompany.co.uk/recommendations/25209/chelford.thtml

http://www.thebusinessonline.com/Stories.aspx?StoryId=3EA10661-AF0A-4CC9-B9F6-4D2B76925CA6&page=0

http://www.thisismoney.co.uk/news/columnists/article.html?in_page_id=19&in_article_id=408206&in_author_id=9

Charles-Stanley April2006

CHELFORD GROUP (CHR.L) (*AIM) Strong Buy

The supplier of supply chain and enterprise software produced results to end December broadly in line with our expectations. Revenue advanced by 22% to 14.5m and operating profit by 50% to 1.44m. Earnings per share on a normalised
tax basis came 46% higher at 15.5p; the effective tax rate was a low 10% because of losses released from the holding company. During 2005 Chelford acquired Agility and Shian, which increase the scale and range of services that
the group can provide. Helped by a full years contribution from these two acquisitions, we expect earnings per share growth of 55% in 2006. We continue to recommend the shares as a Strong Buy

Been insignificant volume to push the fall from over 260 - so I can see it moving back to that level as first stop.

Looking at the last available trades history 18k sells to 9k buys - so it wont take much to push this one back up. Especially since we seem to have broken free of that sharp downtrend channel of the last 6 weeks.

Also AGM is due in about 4 weeks time going by their website - and wonder that because it is late this year whether we will see a Trading Update prior to that.

Last years Trading update was 21st July - so maybe they will coincide it with their AGM statement - but reckon that it is likely they will release one early - so it could be due within the matter of a few weeks.

At current price of 240p puts these trading on a prospective PER based on Charles Stanley figures put these on FY06E of 10x and FY07E of 7.9x

Time to buy back in?