Major News/Events :

Positive outlook for Belgravium Technologies - July 2007


Main Web Site : http://www.belgravium.com

Sub Web Site : http://www.novoivc.co.uk/

Sub Web Site : http://www.touchpc.com/

About Belgravium

Belgravium are a computer design and manufacturing company, specialising in the mobile computing and Radio Frequency Data Communications (RF/DC) market areas. The company was formed in 1982 and rapidly established itself as an innovative designer of rugged mobile computer equipment.
In 1987 Belgravium implemented its first Radio Data Communications system, consisting of thirty vehicle mounted terminals. Since then, the company has grown to become widely acknowledged as a leading supplier of industrial mobile computing equipment for use in a wide variety of application sectors including warehousing, logistics, field service and proof of delivery.

From its U.K. headquarters, the company manufactures a comprehensive range of Batch and Radio Data Terminals together with the necessary firmware to cater for specific requirements. To complement the radio terminal range, Belgravium also provide proven host connectivity solutions which include Mainframe and Mid-range emulation software and host resident handlers.


Broker Forecasts - T&G 4th June 2007 BUY :

2007 PTP 2.3m
2007 EPS 1.6p
2007 DIV 0.6p

2008 PTP 2.7m
2008 EPS 1.8p
2008 DIV 0.7p

http://www.investegate.co.uk/Article.aspx?id=200709050700572984D

For Immediate Release 5 September 2007

Belgravium Technologies Plc
(BVM:AIM)

Interim Results for the six months ended 30 June 2007

The Board of Belgravium Technologies plc ('Belgravium' or 'the Group'),
designers and manufacturers of real-time data capture systems, is pleased to
announce Interim results for the six months ended 30 June 2007.

FINANCIAL HIGHLIGHTS

Turnover 5,222,000 (2006: 4,982,000) +5%

Profits before int. & tax 1,101,000 (2006: 780,000) +41%

Interim dividend 0.14p (2006: 0.13p) +8%

Earnings per Share 0.71p (2006: 0.51p) +39%


OPERATIONAL HIGHLIGHTS

Results clearly demonstrate growing strength of business
Touchstar Technologies Ltd and Novo IVC show significant contributions
Opportunities for cross-selling across the enlarged group exploited
Sharing of technical expertise and resources across divisions

Commenting today, Executive Chairman John Kembery said:

'I am delighted to report a strong start to 2007. The acquisitions of Touchstar
and Novo have been very successful in supplementing the Group's profitable
growth with improved profits and earnings per share in the first half of 2007.

'We have worked hard to restructure and refine Belgravium into a Group with a
portfolio of first class products, an efficient operational structure and wider
offering through successful integration of new businesses. Belgravium is now
well positioned to take advantage of opportunities ahead in an international
market.'

http://www.forbes.com/markets/feeds/afx/2007/09/05/afx4082330.html

"Also on the downside, Belgravium Technologies dipped 2-1/4 to 14-1/2 as concerns about contract delays offset solid interims from the designer and manufacturer of real-time data capture systems."


http://www.hemscott.com/news/latest-news/item.do?newsId=49372796647885

Also on the downside, Belgravium Technologies dipped 2 to 14-3/4 after the group's first half results gave a cautious outlook.

Landsbanki retained its 'buy' stance on the Belgravium, but cut its FY 2007 PBT estimate to 2.0 mln stg from 2.3 mln stg, with EPS moving to 1.4 pence from 1.58 pence

Brief commentary on GCI tonight.

http://www.growthcompany.co.uk/news-and-comment/259324/belgravium-on-the-prowl.thtml

Belgravium on the prowl
Companies: BVM
05/09/2007

Data capture specialist Belgravium Technologies is eyeing new acquisitions after raising interim pre-tax profits 41 per cent to 1.1 million.

AIM-quoted Belgravium, which has carved out a role in supplying and maintaining efficiency-enhancing and cost-saving data capture systems for warehousing, distribution and petrochemical delivery, increased turnover five per cent to 5.2 million in the first half of the year. The company, which is working to increase the more profitable software licensing part of its business, has been integrating major recent acquisitions and evaluating new areas of expansion, such as community transport and defence.

According to chairman John Kembery, Belgravium, which increased pre-tax profits 88 per cent to 1.8 million last year, expects to enjoy a very profitable second half-year. However, he warns that current uncertainty in financial markets might delay some impending contract awards.

Any new bids would be for cash, he stresses. At 13.75p, down 2.3p today, Belgravium shares have interesting medium- to long-term potential.

Today's sp fall once again proves the old addage buy on the rumour sell on the news!!

No interst 2008?
Well FWIW, the sp is down to a few pennies, = overall Market gloom, which makes me think this "might" soon become a good Buy. I note that earlier this month two directors bought collectively 27k-worth - that's far below my "interest-level" of 50k each!
So I suspect this is them saying: "All is well enough, but not that good...."
- IMHO -
I shall wait a bit longer. Anyone know their Cash position, Share-buybacks ( Grr!), etc.

Any opinions from long-term holders, perhaps?

EDIT, (22Dec08)-
?Maybe something in 2009 - currently abt 2.75p to buy.
EDIT-(1July09), down 10% after some improvement in Market generally, buy=3.5p
EDIT-(March2010)- Looking much the same a year-on...business does not need fancy tech; with zero orders.