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 ?

Point taken bellsys. I also look forward to that outlook statement.

If this stays blue tomorrow...we might be heading for another attempt of breaking out its current trading range.
Once this current 12-15p trading range is broken through...next stop would be 22p

Great company with massive medium-long term potential...a must in any porfolio
The next RNS can't be too far away and am happy patiently holding and adding in dips ;)

IMHO
DYOR

Does anyone know if suehelen has any interest in this stock anymore, or has she/he sold out back when she/he stopped posting?

Excuse my ignorance but can someone explain what IMHO means ?

Whatever it means, I agree that CWS is a great company, should do well over the year. I hope so, as I went in at 12.75p a month ago.. just waiting for the fireworks to begin !? :) (also I hope it's not just a damp squib!)

Littlejon,

IMHO = in my humble opinion,

Thanks for that..

Sue Helen has become Optimist23 and is currently posting on the AFG thread on
ADVFN freeBB.

Hi everyone,

I am stil here, will be accumalating towards middle of March. There is not much happening to the share price hence the lack of postings. Lots of the shares have been moving quite well in the last month or so hence... Most of the news I was expecting has come through now except for the TDI contracts. For which, I am very surprised that none have been announced yet.

Fingers crossed, some will be announced very soon.

Will be posting again nearer to their results.

Best Wishes,

Sue.

Any indication/prediction of when the results will be put out ? - thanks

Last year was end of May, I think

Middle to end of March I think.

Managed a bit of topping up this morning at 11.74p. These get tucked away for the medium to long term. For those getting bored waiting there will be news out soon.

Happy to watch - when you say the "news out soon", are you referring to the imminent results?

10p next stop, 10p gives back to 5p. On a long term view they maybe cheap.But short term there is very little support. And being a micro cap market is not particularly bothered. Minor Resistance would have now moved from 14.75p to 12p. Will soon need 50% upside to break major resistance at 14.75p. Point and figure shows continued weakness to the downside.

jfletendre - There is the matter of impending results, not too long to wait for those. I was rather hoping for a announcment on new sales to show us all what they have been using their rights issue cash on?

Good opportunity today to top up, along with everyone else by the look of things!

Good article taken from another board, worth posting onto here


Citywire Tip: exchange is no robbery at CMS Webview
Published: 07:24 Tue 2 March 2004
By Joanne Wallen, Associate Editor
Email to a friend | Printable Version


CMS Webview is a rare breed of company these days, it is a tech company valued currently at 9 million but which should be poised for bigger things and which has attracted an AAA-rated fund manager into its recent placing.

The company originally spun out of the Liffe commodities exchange in 1982 and, following a management buyout in 1997 floated on AIM in 2000.


Unlike so many dotcom companies, CMS Webview (CWV) raised only 2.5 million, which enabled it to fulfil its initial vision of developing software to collect data from multiple feeds, aggregate it, put it into a common format and send it out in real time to end users.


Due to its heritage, the initial targets for this software were commodities exchanges, and, one of the key reasons that the company was able to go back to the market in December and raise a further 2.5 million, was the fact that it now counts the London Metals Exchange, the Chicago Mercantile Exchange and the Chicago Board of Trade as customers.


That a twenty-man band from London won the business of two of the major exchanges in Chicago clearly speaks for the quality of the software and the industry experience of the team.


One shrewd investor who thought it worth taking a stake at the recent placing was AAA-rated Giles Hargreave, who picked up 1.9 million shares for his Marlborough Special Situations fund. The placing of 25 million shares was at 10p, and shares are currently around 12p, valuing the business at just under 10 million.


Having bedded down these three major exchange customers, CMS is now ready to ramp up its sales effort. To date it has been doing what chief executive Bob Antell calls 'serial' selling, essentially selling one system a year.


However, now that the software is installed and proven in these three major customers, the company is ready to gear up its sales efforts to increase the volume of sales to several a year. It will fund this out of the new money raised.


There are some 200 exchanges in the world, of which 120 are potential targets for CMS' software, known as TDI. The company started selling to exchanges because this is its direct area of expertise. However it is also looking to target the banks, brokerages and quote vendors that are members of the exchanges.


Sales of the software are large ticket items, with an average sale price of around 750,000 for an exchange.


However the software is pretty generic, and, further down the line CMS will explore other vertical markets for the software such as betting, airline ticketing or any other service that takes in data from many sources and requires real time information out. It intends to exploit other markets through partnerships with vertical market specialists. However Antell stressed that this was for further down the line. (continued...)

The company also has two other revenue streams. It uses TDI itself to offer a consolidated digital data feed service to customers such as quote terminal vendors, banks and brokers. CMS has a fully equipped data communications suite in East London, from which, using TDI software, it can collate data from many sources on behalf of its customers and push that data out to them as a single, consolidated feed in real time. So far it has 11 quote terminal vendors as customers, and has not yet gone out to sell to the banks.


Finally, CMS has the exclusive European distribution rights to a data terminal called ProphetX, which competes with the likes of Reuters providing data on the commodities and energy markets. To date the company has twenty corporate customers, some of which take ProphetX as a backup to an existing system and others which have replaced existing, and usually more expensive systems.


Terminals sell for around 200 a month, and Antell says the business is profitable and generates cash. Digital data feed customers pay around 20-25,000 a year.


At present, TDI is the biggest part of the business, but Antell can foresee a time when CMS could have three separate business divisions, each making a major contribution.


In the six months to June, the company turned over 905,000, up 55% on the previous year Losses were reduced by 66% to 116,000.


House broker Corporate Synergy reckons the company is 'set for rapid growth and profits in 2004/5. It is looking for turnover of 3.6 million, profits of 300,000 and earnings per share of 0.3p this year rising to 6.4 million of turnover, 2.4 million of profit and 3p per share next year. The broker has a target price of 18p for the shares.


Full year results are due next month.


Citywire Verdict:


A tiny company with such blue chip customers is a rare find. CMS has survived the horrendous market conditions since it floated, and really does now look poised for bigger and better things.


It has proven software in at three highly impressive reference sites and is opening offices in Chicago to exploit the strong references in that city. (continued...)

There are then two other viable sources of revenue which should help smooth out the lumps from selling high value software licences.


At this price shares are trading on just 4 times next year's forecast earnings. Even allowing for some slippage in revenues, this share looks just about as cheap as they get at this time.


Yes it is a tech stock, yes there are still risks, but there could easily be some serious upside here. Buy.

Thanks littlejon - great post.

Just opened a new position in this one myself this morning. Ms J Wallen I feel is the best tipster on that site and Im sure she as come up with another gem.

cheers Gf.

Agreed GF. I have just bought some more myself. They are ridiculously cheap at the moment.

Thanks littlejon, Excellent article. Great news. This has set off some good buying. Hopefully, the SP will strengthen in the run up to the results as well as when they get released. :)

Just got in @ .1188 before the tick up