goldfinger
- 14 Sep 2003 11:16
Looks like these Guys like it aswell. 'Share Of The Week' at everyinvestor.co.uk
ANOTHER SOFTWARE DEVELOPER WITH MASSIVE GAINS POTENTIAL. 12/5/2003
Bond International Software
Business Summary
Provision of software, hardware and related support services, principally to the recruitment services.
Market: AIM
Website: www.bond.co.uk
Bond International Software, although only a tiny company, has a leading position in the market for software for recruitment businesses. After a disastrous year in 2002 the company slashed costs, especially in its US operations, and has just reported a return to modest profits for the first half of calendar 2003. But the excitement in the share price is the potential for the soon-to-be-launched Version 11 of its software.
Version 11 may sound no big deal but the company has been working on this for years and says the improvements are so massive that it is really a new product. Chief executive Steve Russell says the product will be launched with an important customer signed up. Even more significantly he says that there is scope to sign up some giant customers for the software. A single order could be for as much as 5m which would have a transforming impact on a company with sales last year of 6.4m and a market capitalisation of 4.9m.
I should caution here that managements at small software companies are not noted for their pessimistic outlook on life. A more down-to-earth note from stockbrokers, Seymour Pierce, published after the latest interim figures, forecasts sales rising to 7m this year and 7.5m next, with profits of 300,000 and 500,000 respectively. Even that provides reasonable underpinning for the present share price, but Russell says those forecasts could be left way behind by events. Analysts are paid to make assumptions about the future but they can hardly factor into their forecasts sales from unknown customers for a product that has not even been launched yet. Alan Matthews, author of the Seymour Pierce note, says that he has not built into his numbers any upside for Version 11.
Massive cost-cutting restores profitability
Bond received a bloody nose in 2002 from an over-ambitious expansion in America. It built up a far-flung sales and support operation with 55 employees to service and build the expected fast-growing US arm of the business. The catastrophic attacks on the World Trade Centre on 11 September 2001 were a commercial disaster for the group. New orders for software dried up completely and the business began haemorrhaging cash. In a spectacular slash-and-burn exercise the US labour force was cut from 55 to 6. Amazingly, the group claims that this has been done without destroying the ability of the US arm to operate successfully.
The result of the staff cuts is that administrative costs have dropped from 4.85m to 2.95m. At the same time turnover has crept up from 3.18m to 3.37m enabling the group to turn a 2.1m loss into a 155,000 profit. Profits are also helped by capitalising 75 per cent of the anticipated 1m cost of developing Version 11. These costs will be amortised against revenues once the product is completed.
At the same time as cutting overheads drastically, the group has been focusing on building recurring revenues from customers. These are sales from maintenance, support services and from the managed service package. In the latest year recurring revenues represented 70 per cent of overheads against 37 per cent the year before. The plan is to build recurring revenues to cover 100 per cent of overheads so that new license sales will be pure profit. If the company can reach this position by 2005 and make big license sales the impact on the business will be dramatic.
Who;s who of recruitment giants already customers
As well as having what it believes to be an exciting new product the group also has a formidable customer base with a whos who of the worlds leading recruitment businesses like Manpower already clients. In the UK the group is growing its managed services business through a relationship with recruitment and support services giant, Hays.
Bond’s software helps recruitment companies manage the personnel they are supplying to their customers right across the relationship. Version 11 is a vastly upgraded product that is compatible with third party databases rather than requiring bespoke systems. This has the advantage that customers can configure their systems to their own particular requirements while still using highly cost-effective software. The company claims that there is already considerable interest from potential customers, hence its confidence that some large orders will be signed over the next couple of years.
The risks are obvious. There could be delays in launching the product. Customers may not respond as hoped. But meanwhile there are positive developments including signs of life in the recruitment market, an improving order book with more large prospects in the pipeline and a major deal in the UK and two in the US already won in 2003. The shares look a solidly based speculation with the potential to really hit the jackpot. ENDS.
Quite a breathtaking report with fair warnings given. I think the most important aspect being that the brokers have not even factored anything in yet for version 11 and they have to my knowledge a BUY note on it whith a further add note after the results on the 9th.
GF PDYOR.
goldfinger
- 14 Sep 2003 11:26
- 2 of 99
The short term chart showing that the golden cross occured mid May and the price is quite coumfourtably beating the 20 and 200 day moving avarages.
gf.
goldfinger
- 14 Sep 2003 11:29
- 3 of 99
The long term chart showing that the company has started its recovery.
gf.
goldfinger
- 14 Sep 2003 11:34
- 4 of 99
The companys results which came out on the 9th, and were overlooked by many as Sept 11th fears plagued the market.
Bond International Software PLC
09 September 2003
FOR IMMEDIATE RELEASE 9 September 2003
BOND INTERNATIONAL SOFTWARE PLC
INTERIM RESULTS
Bond International Software Plc, the specialist provider of software for the
international recruitment and human resources industries, with operations in the
UK, USA and Australia, today announces its interim results for the six months to
30 June 2003.
KEY POINTS
• Sales increased 6.1% to 3.4m (2002: 3.2m)
• Group operating profit of 200k (2002: operating loss of 2.1m)
• Earnings per share 0.64p (2002: Loss per share 13.71p)
• Growth in UK business including one major contract with Rullion
• Considerable improvement in business prospects in the US with two major
orders in the Healthcare Staffing sector from StarMed Staffing Group and
Career Staff
• Australian subsidiary trading successfully. Largest order to date
received in August 2003
Commenting on the results Chief Executive Steve Russell, said:
'We are pleased with these results and are hopeful that we have started to see
signs of optimism in the market with some larger deals starting to come through.
We are well positioned to benefit from any upturn in the market.'
For further information, please contact:
Bond International Software Plc: Tel: 01903 707070
Steve Russell: Group Chief Executive e-mail: bmorrison@bond.co.uk
Bruce Morrison: Finance Director
Buchanan Communications: Tel: 020 7466 5000
Tim Thompson e-mail : nicolac@buchanan.uk.com
Nicola Cronk
Bond International Software Plc and Subsidiary Companies
Chairman's Statement
Overview
When I last reported to you, the Group had already begun to feel the positive
effects of the overhead restructuring carried out in the first half of 2002. I
am pleased to say that these benefits have continued through the first half of
this year and, together with a 6.1% overall increase in sales, have resulted in
a Group operating profit of 200,000 compared with an operating loss of
2,073,000 in the same period last year.
UK & Europe
During the first half of this year, the level of order taking has begun to
improve and some larger deals have reappeared. In April 2003 the Board announced
that a 400,000 agreement to supply Adapt to The Rullion Group had been
concluded. Negotiations are continuing with a number of other potential
customers and your Board expects to be able to announce further contracts in the
near future.
There has also been an increase in the recurring revenue streams and in
particular, with Adapt VMS, our Managed Services product, which now provides
significant monthly income.
North America
I am pleased to say that we have seen a considerable improvement in business
prospects in the United States. In my last report I emphasised our need to
evolve there and to maximise our offerings in niche markets. This strategy has
been successful and has so far this year resulted in two major orders in the
Healthcare Staffing sector, one with StarMed Staffing Group which we announced
on 18 July 2003 and the second with Career Staff.
Australia and Asia Pacific
Our Australian subsidiary has continued its success, recently concluding their
largest order to date worth around 150,000.
Product Development
Having resisted the temptation to cut back on product development, the Group has
actually increased efforts in this area in order to ensure that we continue to
offer the most advanced software solutions. In the first six months of the year
the Group spent 551,000 with further development projects planned for the
second half. The result will be a range of software solutions second to none in
the recruitment industry and which the Board believes will enhance the Company's
position in the UK market and overseas.
Outlook
Business conditions continue to improve. The rate of order take is increasing
and some of the larger deals have begun to re-emerge. These factors, together
with the exciting products that we have in development, will ensure that we are
well positioned to benefit from this continuing upturn. ENDS
Ilike the point they make about sorting out the recurring revenue streams, something in the past that as been a thorn in this companys side.
GF.
goldfinger
- 14 Sep 2003 11:39
- 5 of 99
Growth Company Investor have a BUY note on the stock this weekend.
Bond International Software - BUY
Recruitment software developer Bond International bounced back from an appalling 2002, by generating a 155,000 pre-tax profit for the six months to June. Last year's first-half numbers showed losses 2.1m and reduced sales of 3.2m
gf.
goldfinger
- 15 Sep 2003 01:18
- 6 of 99
Miss this one at your peril.
GF.
goldfinger
- 15 Sep 2003 08:41
- 7 of 99
I note the MMs marked this one down at the open. Are they short of stock?, I think so. Will be adding. Anyway excelent TA from Investtech on the company.
http://www.investtech.com/main/market.php?CompanyID=44102158
gf.
snoball
- 15 Sep 2003 17:21
- 8 of 99
Thanks for the tip Goldfinger.
goldfinger
- 15 Sep 2003 23:52
- 9 of 99
No problem Snoball. Just one sale of the new version 11 backed up by the service contract will blast this one through all analyst targets. And the management are hinting at just that in the vert first article on this thread.
gf.
ps, did you see the 2p mark down before the off today. They have me as a marked man.
goldfinger
- 17 Sep 2003 12:27
- 10 of 99
Up 19% this morning, said this one was undervalued and missed. Just one sale of version 11 software platform will catupult the shares into orbit.
GF.
goldfinger
- 17 Sep 2003 15:32
- 11 of 99
Just a reminder of the potential.......
CEO Russell says those forecasts could be left way behind by events. Analysts are paid to make assumptions about the future but they can hardly factor into their forecasts sales from unknown customers for a product that has not even been launched yet. Alan Matthews, author of the Seymour Pierce note, says that he has not built into his numbers any upside for Version 11.
Version 11 may sound no big deal but the company has been working on this for years and says the improvements are so massive that it is really a new product. Chief executive Steve Russell says the product will be launched with an important customer signed up. Even more significantly he says that there is scope to sign up some giant customers for the software. A single order could be for as much as 5m which would have a transforming impact on a company with sales last year of 6.4m and a market capitalisation less than 4 million.
gf.
TomL
- 17 Sep 2003 16:32
- 12 of 99
Goldfinger,
Good thread.
Looked at this, covered in Chart Breakout today. Good story but may be premature (read - sometime to go before business really picks up). Recruiters will only spend "big" when they see a sustainable pick up in their own business. I think we are a long way from that right now. Its had a good run from circa 15-50+p. Difficult to see it x2+ in price from here with it being imo so far ahead of events.
TomL
goldfinger
- 17 Sep 2003 21:14
- 13 of 99
TOM L, did you see the drop in unemployment figures today??????.
Seems to me we are indeed turning the corner and please remember this it aint the retail trade or call centres that are fueling the growth, no its manufacturing thats seeing a world wide pick up at last.
Dont get me wrong but I think these babes will be very volatile, but as a long term investor that downt bother me.
Good luck Tom and please keep in touch.
GF.
ps, one thats going to blast away and please dont ask me why, just keep your eyes on RNS, INC, Incite Holdings.
TomL
- 18 Sep 2003 08:47
- 14 of 99
Cheers, Goldfinger, I'll take a look at Incite over the next few days. All the best for now...:>)
ps..on employment numbers, it seems from your text header that Bond management don't see it all coming together very quickly -
"The company claims that there is already considerable interest from potential customers, hence its confidence that some large orders will be signed over the next couple of years." (3rd last para of thread header).
goldfinger
- 19 Sep 2003 00:33
- 15 of 99
Yes I see your point Tom, but if you have a look in todays Shares mag, they are predicting new orders for the older software version.
Theres also this point re- to the latest add note produced by the broker on the 9th of this month........
Russell says those forecasts could be left way behind by events. Analysts are paid to make assumptions about the future but they can hardly factor into their forecasts sales from unknown customers for a product that has not even been launched yet. Alan Matthews, author of the Seymour Pierce note, says that he has not built into his numbers any upside for Version 11.
GF.
goldfinger
- 19 Sep 2003 00:40
- 16 of 99
Heres the note from the brokers in PDF format.
http://www.seymourpierce.com/pdf/Bond%20International%20Software-mmnote9thSeptember2003.pdf
GF
goldfinger
- 19 Sep 2003 08:25
- 17 of 99
Marked up at the open. Could see agood day in store.
GF.
goldfinger
- 19 Sep 2003 11:18
- 18 of 99
Up 12.1% now, well worth a punt.
gf
goldfinger
- 19 Sep 2003 15:52
- 19 of 99
Its stil up and bombing.
Well look at this fantastic TA from Investtech has broken through the ceiling og the upward price trend. The chart was at close of businees last night so come Monday we should have a BUY reco on this from Investtech.
gf
TomL
- 21 Sep 2003 21:26
- 20 of 99
goldfinger, I wish you well on this one - its all relative..:>)
goldfinger
- 22 Sep 2003 00:03
- 21 of 99
Many thanks TomL, think we could have another good one in the morning.
GF.
goldfinger
- 22 Sep 2003 11:13
- 22 of 99
A new contract signed and the CEO also hints at other new customers.
Bond International Software PLC
22 September 2003
FOR IMMEDIATE RELEASE 22 September 2003
BOND INTERNATIONAL INTERNATIONAL SOFTWARE PLC
BUPA Healthcare Professionals choose Adapt Staffing Software
Continuing its success in the Healthcare Staffing Market, Bond International
Software has recently concluded an agreement with BUPA Healthcare Professionals
to implement the world-leading staffing software, Adapt, within BUPA Healthcare
Professionals' businesses. The deal, worth 300k, will be implemented over the
next 18 months.
BUPA Healthcare Professionals has a national branch network supplying nurses and
carers, a specialised business providing doctors and a London based business,
Strand Nurses Bureau, which provides homecare. BUPA Healthcare Professionals'
clients include the NHS, independent hospitals, care homes, industry and private
individuals. BUPA Healthcare Professionals has annual turnover of over 50m.
Helen Parr, Operations Director of BUPA Healthcare Professionals, said 'BUPA
Healthcare Professionals' focus is on finding the best people for the job and by
choosing Adapt as our preferred long-term partner we hope to be able to perform
this role more efficiently. Importantly, the system can be tailored to the
various working practices of the different specialist businesses.'
Tim Richards, Managing Director of Bond UK said 'The healthcare staffing market
is becoming increasingly important to us worldwide and we are delighted that
this prestigious client has chosen to implement Adapt.'
Bond, which is this year enjoying its 30th anniversary, is the world's longest
established provider of staffing software and with over 28,000 users in 36
countries.
BUPA Healthcare Professionals is part of BUPA, the UK's leading, independent
health and care organisation.
...ends...
For further information contact:
Tim Thompson/Nicola Cronk
Buchanan Communications Ltd Tel: 020 7466 5000
This information is provided by RNS
The company news service from the London Stock ExchangeENDS.
Best not let this one get away, down a tad with the whole market today, but long term strength will show through.
GF.
goldfinger
- 23 Sep 2003 00:16
- 23 of 99
Im sure we would have had further rises in this one today after the new contract if it were not for Global markets taking a pasting.
Stay in because there is far more to come and management are hinting at new contracts on the way.
GF.
goldfinger
- 23 Sep 2003 09:14
- 24 of 99
As per above. Keep an eye out.
gf.
jfletendre
- 23 Sep 2003 12:36
- 25 of 99
GF
Just wanted to say that I sincerely appreciate you sharing and contributing your views and information on this site - altho I take note of the "dyor" point, I have shares in INC,GXN,BDI,JCR(will hold and see what happens in winter), and they are shares that I would not have scrutinised without your input
Thank you
Anna
jfletendre
- 03 Nov 2003 09:48
- 26 of 99
GF
What's your update/view on BDI?
goldfinger
- 03 Nov 2003 10:10
- 27 of 99
Anna, yes BDI, forgot about this one and left it off my list above thanks for the reminder. Well it has lost a bit of momentum theres no doubt about that but with it having a very high Beta this one is going to look beaten up more than others in down times. I think you should hang in there and lets hope that post thursday when the Interest rates are decided we start to see the small caps revving again. Incidentatly both Evil K and Tom Winnifrith remain very bullish on the markets this side of xmas, a good thing as usually these two are rather very cautious on stocks as in the present market conditions. Heres hoping for further contract news.
GF.
ps, heres one for you to have a look at and one I have bought for the long term on Friday, Caldwell Investments, CDW. They make a new revolutionary Sun canopy, ok, ok, not very sexy but they have got the patent on an attachment that hooks onto the canopy and could quite easily be a world leader. Both JIM SLATER yes Jim Slater, and Evil Knievil have bought large holdings in this company. Well worth checking out the RNS news on the company in paticular the Trade Fairs were the company displayed its new product and also note thet have moved into a big new building ready for manufacture.
Please DYOR. Have a nice day .
GF.
jfletendre
- 03 Nov 2003 10:21
- 28 of 99
Thanks GF - will check it out
jfletendre
- 10 Nov 2003 11:21
- 29 of 99
Any BDI holders out there? I'm wondering whether to sell and buy CYH as short term rise might be greater......
goldfinger
- 10 Nov 2003 11:34
- 30 of 99
Im still holding and hoping for contract news on BDI. I suppose it depends on your investment style - short term or longterm etc, good luck whatever you decide.
cheers gf.
jfletendre
- 10 Nov 2003 11:42
- 31 of 99
Hi GF -
I have a mixture - some I'm holding for the longer term but like to capitalise on short term opportunities - not sure enough about this so will probably hold (knowing my luck, the BDI news comes when I'm out!) - thanks again for your feedback
Anna
goldfinger
- 10 Nov 2003 11:52
- 32 of 99
Anna, did you run the rule over Caldwell Investments CDW ????. Well worth a punt.
cheers gf.
jfletendre
- 10 Nov 2003 12:22
- 33 of 99
Do you know what kind of short term period on CDW? Have a cash flow situation to consider - cheers
goldfinger
- 10 Nov 2003 12:26
- 34 of 99
Anna, its a steady eddie riser so may not suit your present position.
cheers gf.
jfletendre
- 10 Nov 2003 12:29
- 35 of 99
:-) thanks GF
goldfinger
- 13 Nov 2003 11:51
- 36 of 99
Hope you stayed in these Anna as we got the contract we were looking for....
RNS Number:0110S
Bond International Software PLC
13 November 2003
FOR IMMEDIATE RELEASE 13 November 2003
BOND INTERNATIONAL SOFTWARE PLC
MPS GROUP EXTENDS ADAPT ORDER
Bond International Software, the specialist provider of software for the
international recruitment and human resources industries, with operations in the
UK, USA and Australia, today announces an extension of a substantial order for
its Adapt software with recruitment firm MPS Group .
The deal follows a successful deployment 3 years ago of a 400-user Adapt system
within Badenoch and Clark, MPS's finance, banking and investment recruitment
subsidiary
MPS Group CTO Guy Deterding said "Although we knew that Adapt had been a success
at Badenoch and Clark, we wanted to reassess business requirements and consider
other products equally, rather than simply go with what we already had. I am
pleased to say that after a thorough analysis, the Adapt product emerged as the
preferred solution. When selecting a solution for such a multi-faceted and
diverse business as MPS Group, we knew that flexibility and scalability would be
paramount, but we also wanted to look at the company behind the product. We
needed to be sure that we selected a partner with whom we could build a long
term relationship, and had the experience and commitment to support us with such
a large rollout.
We were also pleased to see that the technology has moved forward in the
intervening period, and we are interested in the opportunities Adapt now offers
to do business over the web.
Bond International Software's European CEO Tim Richards said
"We are delighted that such a prestigious company as MPS Group were so happy
with their experience of Adapt within Badenoch and Clark. It is always
rewarding to have such an emphatic endorsement of our product and service in the
form of further business from existing clients. We recognise that MPS Group
work hard to provide the best possible fit to their clients needs, and in turn,
we can deliver a system to them that is equally well matched."
For further information contact:
Tim Richards Tel 01903 707070 or email trichards@bond.co.uk
Bond International Software
Tim Thompson/Nicola Cronk
Buchanan Communications Ltd Tel: 020 7466 5000
Notes to editors:
Bond, which is this year enjoying its 30th anniversary, is the world's longest
established provider of staffing software and with over 28,000 users in 36
countries.
MPS Group is a global provider of human capital solutions including professional
staffing, e-business and systems integration, IT resource management, career
management consulting, and knowledge worker e-procurement.
This information is provided by RNS
The company news service from the London Stock Exchange
END
cheers GF.
jfletendre
- 13 Nov 2003 12:02
- 37 of 99
Hi GF
Yes I did stay but only just! Was contemplating releasing capital by selling them only yesterday but thought knowing my luck.... so glad I stayed - I don't hold a lot - 10,000 but still.... like you, also tempted to invest in DEMG but just don't have cash flow right now - did you buy or still waiting for a price drop?
Anna
goldfinger
- 13 Nov 2003 12:07
- 38 of 99
Sorry I D Data was posted on wrong thread. im cracking up.
Anna no havent gone in yet, waiting for it to go down in price hopefully. Posted it on another board and a lot like it but two Guys said they werent that confident with the management.
Anyway done more research and I just have to buy it. Its got buy written all over it and if that throat thingy gets approval, wow we could see some action.
Im hoping for about 22p or 23p ish.
cheers GF.
jfletendre
- 13 Nov 2003 21:00
- 39 of 99
GF - I definitely want to buy DEMG but as I mentioned, cash flow not good - what I did do today is buy a RHPS tipped company, Northgate - great results expected in Dec (date to be confirmed) and the projection is for a short term gain ie 75p - their website: www.northgate-is.com
and btw, well done you re: TMG, great call!
goldfinger
- 14 Nov 2003 02:43
- 40 of 99
Hi Anna , going to have a look at Northgate. My pal usually gives out tips to shares tip sheets, like this. No joking.
By any chance was it RHPS or CSW ??????.
cheers GF.
jfletendre
- 14 Nov 2003 09:51
- 41 of 99
Thanks GF - and NIS was a RHPS tip - results expected 2nd week in December
Regards
Anna
goldfinger
- 14 Nov 2003 10:37
- 42 of 99
Cheers anna , I see Basil is up again this morning, Loads a money.
What a great start to the weekend. Going to get the Beer in now ready for the big match, England V France, may the best team (England) win.
There you are just goes to show how Unbiased I am.
cheers GF.
jfletendre
- 17 Nov 2003 18:05
- 43 of 99
SW - Hope you found this
goldfinger
- 14 Sep 2004 15:21
- 44 of 99
Anybody still in this its doing very well................
Bond International is 22.2% better at 82.5p following recent strong interim results and a lot of good press.
cheers Gf
goldfinger
- 14 Sep 2004 15:41
- 45 of 99
We have lift off.
cheers GF.
hawick
- 14 Sep 2004 19:16
- 46 of 99
Wow well done to those still in!!
goldfinger
- 05 Oct 2004 00:03
- 47 of 99
Looks poised to move up even further.
cheers Gf.
goldfinger
- 06 Jan 2005 01:35
- 48 of 99
And it continues to rise.
cheers GF.
goldfinger
- 02 Feb 2005 16:03
- 49 of 99
Wow really cranking up now.
cheers gf.
g64946
- 23 Feb 2005 12:16
- 50 of 99
After am impressive run, this one has settled down for a few weeks - but its just starting to move again - any information anyone?
g64946
- 24 Feb 2005 09:08
- 51 of 99
Up another 7% this morning - any information appreciated?
g64946
- 24 Feb 2005 13:26
- 52 of 99
Have found the following reasons for the increases:
LONDON (AFX) - Buyers warmed to Bond International Software, 5 pence better at 107-1/2, after the software provider snapped up a further US competitor, Prairie Developments, for a cash consideration of 2.831 mln usd.
LONDON (AFX) - Recruitment software group Bond International Software PLC said it has bought US competitor Prairie Developments Inc for 2.8 mln usd cash.
It will pay 1.7 mln usd immediately on completion, with the remainder payable after a year.
In 2004, PDI reported turnover of 3.7 mln usd, with net earnings of 278,000 usd, and had liabilities of 469,000 usd.
g64946
- 11 Mar 2005 11:12
- 53 of 99
Certainly been a star for me over the last 6 months since I've held it!
Up another 5% today so far....any ideas how far this could go gf?
g64946
- 14 Mar 2005 08:53
- 54 of 99
Very good resuts out this morning & another jump of 5%. Now up to 118p
goldfinger
- 14 Mar 2005 13:45
- 55 of 99
Superb results out this morning and not accompanied by a share fall like many.
cheers GF.
g64946
- 14 Mar 2005 22:43
- 56 of 99
Hi gf - any views on the sp over the next 6 mths say?
The results were very good on a poor day in the market...the future still looks bright to me.
goldfinger
- 14 Mar 2005 23:36
- 57 of 99
Well G649456 Growth Company Investor had these as a Strong BUY only a few month ago and I cant see any reason to change that.
cheers GF.
g64946
- 16 Mar 2005 00:57
- 58 of 99
Agreed everything I read seems to conclude with a 'BUY' recommendation on this one & the sp movement & results back this up.
PS I agree with your views on NLR too & I'm looking forward to April on that one.....some of the NLR fall back over the last 2 days is some profit taking as well, but like BDI I think it'll be a real star too
Cheers g64946
goldfinger
- 17 Mar 2005 13:37
- 59 of 99
Taken the opportunity to add again significantly in these. Ive heard whispers of new contracts on the Horizon from new customers. The Recruitment market is in a cyclical upturn aswell and established customers are re tooling their software. Could move very quickly with an high beta.
cheers GF.
goldfinger
- 17 Mar 2005 14:07
- 60 of 99
Worthing based recruitment IT group Bond International BDI unveiled a 36% hike in annual turnover to 9.58m, with pre tax profits rocketing to 1.88m from 451,000 last time. Cash balances are strong at year end, up to 3.8m from 1.6m previously, and strong operational cash flow sets the group up well for 2005, the start of which has been extremely encouraging.
cheers GF.
goldfinger
- 17 Mar 2005 16:06
- 61 of 99
Certainly worth taking the p-lunge on the TA alone.
cheers GF.
goldfinger
- 18 Mar 2005 00:14
- 62 of 99
Well it was there, dont know if adfvn have pulled the plug.
cheers GF.
goldfinger
- 18 Mar 2005 08:11
- 63 of 99
Another one on the up. NICE.
cheers GF.
goldfinger
- 18 Mar 2005 08:46
- 64 of 99
Buyers moving in.
cheers GF.
goldfinger
- 18 Mar 2005 09:52
- 65 of 99
Tipped into days Investors Chronicle......................
INVESTORS CHRONICLE
Tips:
* Buy BT Group at 203p - T&F Informa at 421p - Center Parcs at 73p - Widney at 109p - Dream Direct at 81p - Vane Minerals at 17p.
Updates:
* Buy Intek Telecom - Paypoint - Daniel Stewart.
Company Results:
* Buy James Fisher - Hill & Smith - Headlam - Rok Property Solutions - Bovis Homes - Roxboro - Public Recruitment - Balfour Beatty - Aviva - Bond International - Tolent - Entertainment Rights - Mayborn - NSB Retail Systems - Ark Therapeutics.
* Sell Intercontinental Hotels Group - Zotefoams - Deltex Medical - Restaurant Group - Eidos.
cheers GF.
goldfinger
- 24 Mar 2005 12:17
- 66 of 99
Back to form, NICE. Watch out for contract announcements.
cheers GF
g64946
- 24 Mar 2005 12:47
- 67 of 99
This is one of my favourite stocks & run of the risk of 'being too attached'!Seems to move a bit like this - all quiet for a bit & then 3 or 4 days positive.
Any ideas on any possible contract announcements GF?
goldfinger
- 24 Mar 2005 13:00
- 68 of 99
Its all in the last results g64946. We could hear news any day now.
cheers GF.
hampi_man
- 24 Mar 2005 13:31
- 69 of 99
from shares mag today
SOFTWARE & COMPUTER SERVICES
BOND INTERNATIONAL (AIM: BDI)
106P +
The last few profit results have been spectacular
and this was no different. Profit jumped to 1.9
million from 0.5 million the previous year. The
company provides software to the recruitment
companies in the US and UK, as well as
Australasia, but also receives income from
ongoing maintenance contracts. Cash flow has
been helped by its recent acquisition of Prairie
Developments in the US, and this year will be
supplemented by the launch of a new product
into a division of one of the worlds largest
recruitment companies. (EP)
goldfinger
- 24 Mar 2005 13:39
- 70 of 99
Excelent piece that HM.
cheers GF.
goldfinger
- 30 Mar 2005 00:10
- 71 of 99
Lifted from another board, many thanks to the author for an excelent piece of research which I fully agree with. Nice yo see someone doing the P/E the right way after tax................................
My justification for buying stems from the following.
Substantial current growth performance - 36% increase in turnover, 205% increase in EPs. The results have been upgraded and beaten. I noticed Seymour Price had upgrade 2004 figures to 1.7M pre - tax and 5.7EPS which was substantially below actual result. So as for 2005 - is the 3m pencilled in figure to prove to low?
Next we have outlook - '2005 extremely encouraging' as posted in the results, and the recent aquisition Prairie expected to have an impact in overall figures. This points to upgrades!
Next we have the large orders which were feeding through last year - the largest ever for the Company of 500,000 which was then topped by another a few months later. The frequent mention of targetted large recruitment Companies in the figures indicates confidence (no doubt discussions were already in place in some instances).
Then there is the launch of next generation of Adapt recruitment this month, again with larger Companies targetted here - I.e a nice new product which puts new clients on the radar.
So we have a pencilled in EPs of 9.1p next year (growth of 35%), that is without any upgrades, followed by more growth in years to come as the new markets open up. This was also mentioned in results the comment '2005 and beyond'.
All this with a Pe of around 11 for 2005 - I don't think so.
The shares are worth considerably more, I usually look for a minimum 30% annual return (not always acheived, but also sometimes substantially beaten).
I feel extremely comfortable that this share will cover my ambition. In fact, on a PE of just 14 I will be just about there, but I am looking longer term and hope for much more - both this year and beyond.
Oh, and forgot to mention the debt free position and increasing margins. ENDS.
cheers GF.
goldfinger
- 06 Apr 2005 00:20
- 72 of 99
Excelent news on the technology front, lets hope those orders come piling in.......................
Bond International launches new 'Adapt' software for staffing agencies
AFX
LONDON (AFX) - Bond International Software PLC, which provides systems to staffing agencies, said it has launched 'Adapt On-site' which it claims will help line managers and HR managers hire more effectively.
'(They) have a custom set of menu options that grant access to submit jobs,
view progress on existing assignments including short-listed applicants, run
workflow, authorize timesheets, run reports, etc,' the company said.
bam
cheers GF.
goldfinger
- 07 Apr 2005 00:36
- 73 of 99
With all these bullish results coming out from Recruiters surely its time to jump on this one. Patience will provide in the end.
cheers GF.
goldfinger
- 08 Apr 2005 00:02
- 74 of 99
Anytime now and I mean anytime now.
cheers GF.
g64946
- 08 Apr 2005 08:53
- 75 of 99
This one always does this - quiet for a few weeks then boom +10 % or so. Then settles back a few points & quiet for a bit & then boom!
Long term this is a 'star' IMO & I agree gf that we will see a 'boom' soon I thinks
goldfinger
- 13 Apr 2005 10:51
- 76 of 99
Good news out from Bond this morning................
Bond International Software PLC
13 April 2005
For immediate release
BOND INTERNATIONAL SOFTWARE PLC
DIRECTOR SHAREHOLDING
In order to satisfy demand from a number of institutional investors, Steve
Russell, Group Chief Executive of Bond International Software plc ('Bond' or
'the Company'), sold 1 million ordinary shares in the Company at 95p on 12 April
2005. He now owns 6,497,301 ordinary shares representing 25.8% of the Company.
Chairman Martin Baldwin said: 'It is very encouraging to see demand from
investors so strong. This is a positive step for Bond and will improve overall
liquidity of our shares. We continue to look forward to the growth of the
Company with confidence.'.
Contact:
Bruce Morrison 01903 707070
Finance Director
Bond International Software plc
goldfinger
- 13 Apr 2005 14:04
- 77 of 99
This ones flying now and why not the institutions know from recent figures that the recruitment sector is booming, and that should mean plenty of business for Bonds new software. NICE.
cheers GF.
goldfinger
- 13 Apr 2005 14:30
- 78 of 99
Really flying now nearlly a 10% increase.
cheers Gf.
goldfinger
- 13 Apr 2005 17:28
- 79 of 99
Bond International Software Joins Forces with eEmpACT to Form Worlds Largest Staffing-Software Company
Strategic Move Accelerates Industry Consolidation
Richmond, Virginia (Thursday, February 24, 2005) Bond International Software today surprised the staffing and recruiting software industry with the announcement that it has joined forces with eEmpACT Software of Bloomington, Minnesota.
Already the largest international staffing-software company, Bond has acquired eEmpACT, effective today. The acquisition drastically increases the combined firms customer base, making it by far the largest staffing, recruiting and human capital management software vendor in the world.
With eEmpACT the U.S. leader in staffing software and Bond dominating the rest of the world market, together weve created a global powerhouse that no one will be able to compete with, says Bond CEO Steve Russell. eEmpACTs Version 12.0 and Bonds Version 11.0 solutions will continue to be supported, enhanced and upgraded, so that present customers can continue using their existing solutions.
A publicly held company quoted on the London Stock Exchange and founded in 1973, Bond already supports more than 40,000 staffing professionals in 42 countries worldwide. Its flagship product, Adapt, is the leading high-end staffing-software solution, just as eEmpACT Essential and eEmpACT Plus are the leaders for entry level and midrange clients.
eEmpact also provides fully integrated front to back office solutions which perfectly complement Bonds top of the line products. This means that the combined group now has a portfolio of product which suits all types of staffing company says Tim Giehll, who will remain as eEmpact CEO.
It means that our vision of global industry leadership and vendor consolidation will now be accelerated through the combined financial strengths of these two companies. This will be good for all parties involved and for the staffing industry as a whole.
eEmpACT and Bond have been the most acquisitive companies in the staffing software industry with eEmpACT acquiring Allegro Software in 2003 and DataForce in 2004, and Bond acquiring EZaccess in 2004.
The staffing industry is becoming truly global, and this keeps us a step ahead of that industry evolution, says Russell. It reinforces our commitment to a continual long-term growth strategy and accelerates what we are certain will be a growing consolidation of staffing-software companies over the next few years.
But while were growing, were still enhancing our product lines and global service offerings, which are stronger than ever before.
About Bond International Software Group
Bond International Software Group is a pioneer in the development and provision of staffing software, support and consultancy services to the staffing and recruiting industries. Bond has over 120 employees worldwide in its offices in the UK, Australia, South Africa and in the US and Canada. Since its foundation nearly 30 years ago, Bond has consistently combined innovation, dedication and market focus to forge ahead of its competitors. Its products and services have achieved prestigious acclaim and are now the market choice of many of the largest and most well respected personnel organizations throughout the world. The Group's consistent, visionary perspective has enabled its network of global users to interpret and manage dynamic, complex markets and realize tangible competitive advantage in the race for human capital.
About eEmpACT
eEmpACT (www.eempact.com) has enjoyed a strong 14-year history of growth and market leadership in the U.S. staffing industry. The company has over 30 employees in its offices in Minneapolis and Atlanta. Customers currently include eight national accounts and over 1,000 mid-size companies and franchises throughout the United States. eEmpACT delivers the most innovative and fully integrated front- and back-office human-capital management solution on the market today. It is designed to help temporary staffing services, direct-hire recruiting companies, consulting firms and corporate human-resource departments improve productivity and deliver a higher level of service to their customers and employees. Integrated with Microsoft technology, eEmpACT provides a comprehensive order-placement and resume search system along with powerful accounting and business management technology and can be used in a variety of networking environments, including Citrix thin-client, Terminal Server, and Windows 200X.
cheers GF.
jimmy b
- 13 Apr 2005 17:35
- 80 of 99
I like the sound of that write up ,
should of bought today before the hike up in the price...JB..
goldfinger
- 13 Apr 2005 17:47
- 81 of 99
And we have more...............
April 12, 2005 08:30 AM US Eastern Timezone
Bond International Announces Banner First Quarter; Staffing Software Leader Acquires eEmpACT, Adds Customers, Creates CWM Division
RICHMOND, Va.--(BUSINESS WIRE)--April 12, 2005--The year 2005 has started on a decidedly positive note for Bond International Software.
The U.K.-based company's February acquisition of eEmpACT has made it the global leader in staffing and recruiting software. Q1 2005 has brought in over 50 new U.S. customers, exceeding expectations. And Bond announced this week that it has created a Corporate Workforce Management (CWM) division that will focus on a groundbreaking new human capital management solution - headed by the just-hired chief architect of one of the leading Applicant Tracking System (ATS) providers.
"The growth spurt in the staffing industry today is a global phenomenon," observes industry analyst Dr. Katherine Jones, managing director of Aberdeen Group's Human Capital Management research practice. "To be truly competitive, shore-to-shore coverage is essential. To remain viable, staffing companies need to make the international moves that Bond has done."
Before it was acquired by Bond, eEmpACT had been the U.S. leader in staffing and recruiting software, with Bond dominating the rest of the world market with its flagship product, Adapt. Combined, the new company is the largest staffing, recruiting and human capital management software provider on the planet, and Adapt and eEmpACT are the leading software solutions in their respective niches: Adapt for larger companies, and eEmpACT for mid-sized firms.
"The staffing industry is becoming truly global, and the acquisition of eEmpACT keeps us a step ahead of that evolution," says Bond U.S. president and CEO David Read. "The steady influx of new customers is testimony to the fact that we now have a portfolio of products that suits every kind of staffing or recruiting company, from the smallest to the largest."
Bond is significantly enhancing its scope with the creation of its Corporate Workforce Management division, which is headed by Zachary Thomas, who designed and built the market's leading ATS software solution while at Kenexa.
"Because of the current labor squeeze, corporations are starting to realize that they have to compete for a rapidly shrinking pool of available talent," says Read. "Bond is in a unique position to provide corporate HR recruiters with the tools that leading staffing agencies have utilized for over 20 years, thus making them more productive and less focused on administrative tasks."
Bond's new Corporate Workforce Management solution will break new ground by taking the concept of applicant tracking to the level of human capital management - which, says Read, will increase efficiency for the entire process of acquiring and retaining human capital.
"That's the direction in which the industry is already heading - toward human capital management," says Read. "And with our Corporate Workforce Management (CWM) system, Bond will be the first to get there."
About Bond International Software Group
A publicly held company quoted on the London Stock Exchange, Bond International Software Group (www.bondadapt.com) is a pioneer in the development and provision of staffing software, support and consultancy services to the staffing and recruiting industries. It supports more than 50,000 staffing professionals in 42 countries worldwide and has over 150 employees worldwide in its offices in the U.K., Australia, South Africa, the U.S. and Canada. Since its founding in 1973, Bond has consistently combined innovation, dedication and market focus to forge ahead of its competitors. Its products and services have achieved prestigious acclaim and are now the market choice of many of the world's largest and most well-respected personnel organizations. Its consistent, visionary perspective has enabled its network of global users to interpret and manage dynamic, complex markets and realize tangible competitive advantage in the race for human capital.
cheers GF.
goldfinger
- 13 Apr 2005 17:49
- 82 of 99
Just a few quick figures to show how cheap it is...........
House broker Seymour Pierce upgraded its eps forecast by c.33% to either 8.8p or 9.1p (not sure which!) eps for FY2005 after the results, and 10.1p for FY2006.
At 100p the shares now trade at a forward PE of 11 and a historic PE of 15. Other comparatives are Sage (forward PE of 210/10.8 = 19), LogicaCMG (forward PE of 178/11.4 = 16), Misys (forward PE of 223/15.22 = 15).
cheers GF.
g64946
- 13 Apr 2005 22:59
- 83 of 99
A good day & Bond continues with its consistent good news stories
goldfinger
- 14 Apr 2005 00:05
- 84 of 99
Been covered very well on The Motley Fool where it is a big favourite.
cheers GF.
azhar
- 14 Apr 2005 08:48
- 85 of 99
DIRECTORS' DEALINGS: BOND INTERNATIONAL SOFTWARE (CEO sells 1 million shares for 950,000)
azhar
- 14 Apr 2005 10:26
- 87 of 99
I got that from MoneyAM paper round that's all that was said. Not De-ramping
goldfinger
- 14 Apr 2005 16:18
- 88 of 99
Yesthats very positive news as it shows the institutions recognise the potential of this one going forward.
cheers Gf.
goldfinger
- 19 May 2005 12:32
- 89 of 99
Nice contract win for Bond..........................
UK smallcap opening - Bond International boosted by Randstad software deal
AFX
LONDON (AFX) - News that Bond International won a six-figure deal to deploy its market-leading Adapt recruitment software throughout the UK branch network of Randstad lifted shares in the company over 10 pct.
By 08.00 am, shares in the specialist provider of software for the international recruitment and human resources industries added 9 pence at 94-1/2.
ck/vjt/
cheers GF.
g64946
- 19 May 2005 22:29
- 90 of 99
Typical BDI - goes quiet for 3 months & then comes up with the goods again. Hopefully we will see this move up nicely again now
g64946
- 20 May 2005 08:25
- 91 of 99
IC includes it as a small share Buy tip today quoting the astute acquisitions and new software which has set it apart from its competitors. It adds that there is plenty of scope for the momentum to continue in the US & worldwide.
'An attractive investment opportuniy - Buy'
Sounds good & with yesterdays deal as well this should move up nicely again
grajul
- 03 Jun 2005 13:50
- 92 of 99
Up nicely today - anyone see a reason why?
goldfinger
- 19 Jul 2005 12:17
- 93 of 99
Excelent contract win, lets hope it kick starts this one.
Bond International in 3-yr deal to supply software to easyJet
AFX
LONDON (AFX) - Bond International Software PLC said it has signed a three-year deal to supply its Adapt software to airline easyJet PLC.
Bond's Adapt system will control all aspects of the Flight Operations recruitment process online, including dealing with the 20,000 cabin crew and pilot job applications received by easyJet each year.
newsdesk@afxnews.com
slm/
cheers GF.
capa
- 19 Jul 2005 18:57
- 94 of 99
Yes good contract win goldfinger, this looks like a good one to me.
Not in yet, a bit of digging first but definately got the look of a decent investment.
all the best
capa
doughboy66
- 19 Jul 2005 20:39
- 95 of 99
Nice to see this one moving back up, a good steady flow of contract wins. Like you told me Goldfinger in the last PM you sent me ,patience is the key something i was losing sight of with all the the boasts of big short term gains that people post on these boards.This is the sort of stock i like good steady growth,rather than those stocks people pump and dump and leave you grounded high and dry.
DB66
knute
- 02 Jan 2006 08:41
- 96 of 99
Nearly 6 months and no post!
This stock deserves more attention imho. Perhaps a trading update - probably within the next couple of weeks - will do the trick.
capa
- 13 Mar 2006 14:47
- 97 of 99
Great results today and a much deserved lift in share price.
Hopefully with the change in broker these will start to get a bit more exposure.
Hanging on in for 1.50 +
all the best capa
grajul
- 13 Mar 2006 16:02
- 98 of 99
Agree - been in this for a while and cannot understand the lack of movement a sit is a good company with a good product, making good profits.
We will now hopefully see an upward movement on th eback of results today. Also first dividend - small but appreciated!
goldfinger
- 14 Mar 2006 00:41
- 99 of 99
Still got a holding, hoping for more from the new broker.
cheers GF.