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 ?

CMS Webview to roll out ProphetX across Europe
AFX
It has won sole rights to sell and support energy and commodity price display system

CMS WebView PLC said it has won the sole rights to sell and support ProphetX, the market price display system for energy and commodity traders, in mainland Europe.

CMS's agreement with US firm DTN Market Access, owner of ProphetX, extends the exclusive rights CMS has to market ProphetX in the UK.

Since last summer, when CMS began marketing ProphetX in the UK, it has successfully sold the service to over 20 corporate clients.

CMS said it is now actively recruiting a network of agents to handle the increased sales activity. CMS has begun preliminary discussions with several possible agents and plans to have them operating initially in the major European commodity trading centres.

It is anticipated that initial agreements will be in place by the end of the first quarter. Until then, CMS's London office will handle European sales.

ProphetX is a real-time market display and analysis product for commodity traders.

Its shares rose 6% to 13.25p.

Great news although I'm disappointed that we didn't close over 14p today. Maybe tomorrow.

From the Wall Street & Tech news: top story:

CMS WebView, a London-based market-data vendor, has claimed sole rights in mainland Europe to sell and support ProphetX, a market-price display system for energy and commodity traders. The agreement was made with DTN Market Access, the Omaha-based owner of ProphetX. CMS has not yet recruited sales agents to push the product throughout Europe.

http://www.wallstreetandtech.com/story/topNews/showArticle.jhtml?articleID=17603376

AT77,

It failed to mention the fact initial sales would be handled by their London offices and give enough lead time for recruiting agents to cope with the onslaught of orders for ProphetX throughout Europe. I look forward to ProfitXXXXXX???? and blue on the bid throughout 2004.

Good news for growth on this stock. It all adds up.

Also mentioned in todays Daily Mail, so it would appear that it is starting to get some good media coverage.

Can anyone tell me how much profit CMS Webview make on a each sale of ProphetX?

Looking to get back in, point and figure chart was showing an approach to possible buy signal being generated. However the was no follow through today, having touch an intra day high of 14.25p yesterday its been down ever since.If a retest of 12p holds again then it may be time to buy.

Tend to agree stephen.

Slightly disappointed that we cant hold gains on the back of good news, but again these are smaller ticket sales. (Although they do seem to be accumulating!)

I will top up if price drifts any lower, as I am more than happy to take the long view with this one.

looks like a retest sooning rather than later.Gut feeling is the SP wants to go lower path of least resistance

12.25 offer (11.88p mid ) tempting? why spoil that 665 buy today.

12p even more tempting. If 12p does hold then 10p is on the cards.

I'm a buyer anywhere here up to 15 pence. If any drift lower Monday/Tues, I will buy more.

Point and figure ( 5,3 log high-low ) showing an impending breakout. Lower highs with running ( equal) lows. If 12.5 holds and we make some slight gains over the next few days, could get quite exciting. However if 11.75p gives way then it down.

Cms WebView has been trading sideways since November, the mm's sold too many
shares (ie short) since then they have fought to keep the price down in the
hope that they could buy some stock and try to balance the books. Results in
April? will show cms in profit and put some flesh on the bones regarding the
the sales of ProphetX. Hopefuly there will be some quick contracts with
existing customers that are based in Europe.

Cms have said that the European market for ProphetX is around 200m and at the
fee of 200 pm per terminal it is very affordable with 20 plus clients and
private trader sales we are still in the dark about actual numbers, all will be
reveald soon CMS will become a growth company about to take on Reuters (lol).

Results should be mid march?

Last years finals were announced in May, although I'm expecting they will be announced earlier this year.

Intrim results announced 19/9/03. Would expect finals to be announced mid to late march (6months). Pushing them out to May again would be a little negative,as this is what the market is waiting for.Plus it would nice to have another major contract as its been nearly 12 months since the last one.

Finals will be delivered on time, as said before the results will not be startling, they have not won any new tdi contacts up to 31:12:03 so from the Chairmans mouth - The timing of such new sales will therefore have an impact on the end of year results - which everyone knows about already - so if the accounts do not show any significat improvement on03, then its news we are looking for - I hope an announcement will be made as part of the outlook section that will give this company the boost it needs, cos it wont be coming from the results. All IMHO

bellsys,

Whilst I respect your opinion, I believe the next set of accounts will be crucially important to any serious long term investor in this company.

They should indicate the balance sheet strength after the recent fundraising, as well as how that money is being invested in the companys' infrastructure, ie sales, marketing, advertising, R&D spending etc. Turnover increased and losses narrowed hugely before the fundraising.

Institutions came on board at 10pence. They want a return on their money and I can tell you one thing for sure, they want a lot more than 12pence before they start selling down their venture capital stakes!!

I am a confident medium-long term holder, and expect this company to be profitable and able to increase profits year-on-year for the foreseeable future.

I agree with what you are saying tsq but the point I am making is there will be no changes in the accounts in terms of increased sales or profits - well nothing considerable as there were no new tdi contacts in the last 6 months to 31:12:03 - yes the BS has been considerably strengthened by a fund raising, yes there US drive is great news, yes their european distribution rights are good news - all great stuff - I was merely highlighting the fact to people that this company has "future" potential - the historical results will not show this IMO - the outlook statement is the only clue we will get.