Kursverdoppelung bei Actua Corporation (vorm. Internet Capital)
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weil Du hier so einen Müll erzählst !
Schau doch mal auf den Kurs von Ariba,
dann kannst Du Dir vielleicht vorstellen,
was ICGCommerce wert sein kann !
Ich rechne hier bald mit einem Verkauf !
Dieser Sektor brummt jedenfalls,
alleine mit diesem Verkauf wird ICGE mehr Geld als MK haben !
Und wenn Freeborders an die Börse kommt,
dann klingeln hier die Kassen bei den Langzeitanlegern !
20-30 Dollar ist das Mindeste !
Metastorm kommt ja noch dieses Jahr an die Börse -
dann klingelts ja schon vorher im Geldbeutel !
Dann haben die ja schon fast die komplette MK als Cash !
Dann klingelts ja um so heftiger, wenn ICGCommerce verkauft wird,
da gibt es einige, die diese Perle gerne hätten !
Und danach die unglaublich schnell wachsende Freeborders mit schon um die 50 Mio. Dollar Jahresumsatz,
dann klingelts nur noch im Geldbeutel !!!
Also kaufen bevor es klingelt !
Das sind jetzt die Werte der acht nicht an der Börse notierten acht Kernbeteiligungen, die sieben nicht an der Börse notierten kleineren Beteilungen, die drei an der Börse notierten Beteiliungen und die Cash einbzogen.
Geht es dann über 13 Dollar, was bei dieser extremen Unterbewertung kein Problem sein sollte,
dann triggern wir ein wunderschönes Kaufsignal mit charttechnischem Kursziel von mindestens
knapp 25 Dollar !
Denn dann haben wir eine vieljährige charttechnische S-K-S-Formation nach oben mit diesem Kursziel aufgelöst !
Nur:
Bis wir soweit sind, dauert es noch eine Weile, doch in der Zwischenzeit wachsen ja die Beteiligungen
(durchschnittliches Wachstum pro Jahr satte 31 % !!!) weiter
und es werden sich dann bei Kursen um die 25 Dollar sehr wahrscheinlich ganz andere Kursziele ableiten lassen !!!
ICGE - long and strong !!!
Solche eklatante Unterbewertungen muß man einfach kaufen !!!
Das 20 Millionen Dollar Aktienrückkaufprogramm von ICGE wird zudem seine Wirkung zeigen !
Und der stärkere Dollar spühlt uns zusätzlich über 20 % in die ICGE-Kassen !!!
http://www.outsourcing-procurement.com/fao.html
Internet Capital hält 65% an ICGCommerce. Bei einem IPO von ICGCommerce würde ich eine Marktkapitalisierung von ca. 300 Millionen sehen, Genpact dürfte aber wegen der gigantischen Synergie- und Markteintrittseffekt bereits sein, bis zu 400 Millionen zu zahlen.
Tuesday May 20, 10:59 am ET
Combines Best-of-Breed Capabilities to Deliver Greater Value
NEW YORK & PHILADELPHIA--(BUSINESS WIRE)--Genpact (NYSE:G - News), which manages business processes around the world, and ICG Commerce, a leading procurement outsourcing specialist, have collaborated to offer an unmatched “Source-to-Pay” outsourcing solution. The solution combines superior sourcing capabilities, spend analytics and ongoing category management with procurement and accounts payable capabilities to maximize business impact.
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Source-to-Pay outsourcing offers companies a significant savings opportunity by reducing indirect spend which can be a significant portion of total company expenditures, while also delivering considerable process efficiencies. However, realizing this potential value requires the combination of two distinct competencies: deep sourcing and supplier market expertise and global purchase-to-pay process management.
The Genpact - ICG Commerce solution combines best-of-breed strategic sourcing, procure-to-pay transactional expertise and industry-specific knowledge of procurement platforms to maximize the potential of Source-to-Pay outsourcing. Genpact’s extensive global process reengineering and operational management capabilities, coupled with ICG Commerce’s sourcing and category management strength, enable the providers to deliver greater business impact.
Genpact is a leading global business process and technology solutions firm focused on helping clients transform the ways in which they do business by continuously improving business processes. Initially established as part of GE Capital to manage multiple business processes, Genpact is known for its Six Sigma-based process reengineering capabilities and operational excellence. ICG Commerce, a leader in the procurement outsourcing space, brings its global sourcing and category expertise, supply market intelligence and proprietary tools as well as a proven track record of helping clients achieve measurable savings on spend.
“Few companies have been able to capitalize on the significant promise of Source-to-Pay outsourcing,” said Carl Guarino, Chief Executive Officer, ICG Commerce. “We are excited to bring this unique and powerful combination of capabilities to market and to deliver the full value of Source-to-Pay outsourcing to a broader set of companies.”
The companies have collaborated over the past year to support the full Source-to-Pay value chain for market leaders like Kimberly-Clark Corporation. In addition the two companies are delivering services on a global basis for The Hertz Corporation.
“As we evaluated potential partners, it became apparent that Genpact and ICG Commerce had the best combination of expertise, capabilities and provided the right cultural fit to help us achieve our objectives,” said Robert W. Black, Group President, Kimberly-Clark Corporation. “Over the last year the team has made significant progress toward our joint goals.”
“Genpact and ICG Commerce not only bring together extensive best-of-breed capabilities, but we also share a strong results-oriented culture and commitment to delivering significant business impact. We look forward to working together to drive even greater value for our clients,” said Genpact President and Chief Executive Officer Pramod Bhasin.
an der unglaublichen Kursstärke von Ariba -
die mittlerweile schon mit mehr als dem 4fachen Jahresumsatz bewertet werden !
Da braucht man sich um den Wert einer ICGCommerce keine Sorgen mehr machen -
sobald hier ein Merger kommt explodiert der ICGE Kurs um 50 % Richtung Fair Value 20 - 25 Dollar !
Noch dazu das rasante Wachstum in diesem Bereich -
vielleicht reichen da 31 % gar nicht aus ?
89,9% Institutional Holding 5 minutes ago ICGE
Internet Capital Group, Inc. NASDAQ-GM
Institutional Holdings Description | Hide Summary
Company Details
Total Shares Out Standing (millions): 39
Market Capitalization ($ millions): $338
Institutional Ownership: 89.9%
Price (as of 8/6/2008) 8.74
Ownership Analysis # Of Holders Shares
Total Shares Held: 109 34,787,790
New Positions: 13 202,015
Increased Positions: 45 2,200,491
Decreased Positions: 35 920,337
Holders With Activity: 80 3,120,828
Sold Out Positions: 6 61,789
Click on the column header links to resort ascending () or descending ().
Owner Name
Select a name below for more information. Date Shares Held Change
(Shares) % Change
(Shares) Value
($1000)
FMR LLC 3/31/2008 3,850,000 0 0.00% $33,649
DIMENSIONAL FUND ADV... 6/30/2008 3,280,462 29,162 0.90% $28,671
GENDELL JEFFREY L 3/31/2008 3,262,780 0 0.00% $28,517
CAPITAL WORLD INVEST... 3/31/2008 2,869,000 50,000 1.77% $25,075
MASON CAPITAL MANAGE... 3/31/2008 2,304,164 0 0.00% $20,138
1 2 3 4 5 6 7 Next Rating :
The announced buy-back-programm will reduce the outstanding shares form less than 39 million to 36,5 million.
The reduce of the number of outstanding shares from less than 39 million to 36,5 million increase the institutional ownership from 89,9% to more than 95%.
Recent Press Releases
Freeborders Discusses IT Offshore Governance At Gartner Sourcing Summit
Freeborders leads discussion about outsourcing solutions with IT leaders at Gartner Sourcing Summit.
San Francisco, CA (PRWEB) July 23, 2008 -- Freeborders, Inc., the leading provider of technology solutions developed from China, recently facilitated a discussion with senior IT leaders at the Gartner Sourcing Summit around the topic of IT Offshore Governance - with a focus on China.
There was a general consensus during the discussion that most companies now have varying levels of experience and relationships with offshore service providers - from the novice who needs to be comfortable with basic security and processes to the very mature client - who is more concerned about innovative pricing and relationship models.
It was clear that IT governance of the offshore journey is on a parallel course - with different levels of maturity - and that a flexible, scalable governance model must exist between the offshore vendor and the client.
After sharing the results achieved with two client case studies, a lively conversation ensued from the audience about what is working and not working in their current outsourced relationships. Seeing how Freeborders' ATLAS governance framework pulls together best practices found across industries and countries (including U.S., India and China), many companies picked up tips to use to improve the quality and productivity they get from outsourcing information technology work.
"Effective offshore governance requires that offshore vendors work with their clients to establish a framework that provides visibility into the services in their sourcing portfolio, create a relationship of trust, and secure control over services that are sent offshore," said Jim Reesing Executive Vice President, Freeborders. "Through the ATLAS framework, we provide a transparent line of sight between the client and Freeborders resulting in trust and superior results".
Companies are looking to replicate the predictable delivery of outsourced IT services they have found in India, while tapping into new resources and locations - such as China, ATLAS processes and tools provide a framework that allows western companies to utilize China-based resources with confidence and in the most effective manner.
About Freeborders
Freeborders is a U.S.-based, global provider of outsourcing solutions with development centers in China. The company specializes in a broad spectrum of information technology and information-technology-enabled services, including application development outsourcing. Its state-of-the-art infrastructure, proven global delivery model, experienced management team, and highly skilled colleagues deliver award-winning customer support and quality to its clients. Freeborders is assessed at Level 5 of the SEI's CMMI, and is ISO 27001certified. To learn more, visit www.freeborders.com.
Owner Name
Select a name below for more information. Date Shares Held Change
(Shares) % Change
(Shares) Value
($1000)
VANGUARD GROUP INC 6/30/2008 1,281,243 680,202 113.17% $11,198
Understanding Metastorm's IPO as an Investment Opportunity
by: Dennis Byron posted on: July 24, 2008 | about stocks: IBM / ICGE / MSFT / MSTM Font Size: PrintEmail As I wrote recently concerning the leaders in the business process management [BPM] software market:
"I see IBM (IBM) and Fujitsu (FJTSY.PK) number one and two worldwide in BPM.... Other suppliers that are likely to have similar market share (to Software AG). ..include Oracle/BEA (ORCL), Microsoft (MSFT), TIBCO (TIBX), AT&T/Sterling Commerce (ATT), Autonomy [LSE:AU], SAP (SAP), ACI Worldwide (ACIW) and Sun (JAVA)... others including Metastorm (on the shelf as (MSTM)) are trying to work their way on to the leaderboard.
"Many--including the smaller suppliers--offer multiple BPM-related products because of acquisitions made over the last 36 months so a more useful ranking to determine market acceptance would be by product rather than vendor. Consider IBM with everything from Filenet to Notes or Oracle with everything from Fuego to the Plumtree portal to the Collaxa BPEL engine."
No current investment activity demonstrates the leader/chaser market share situation in BPM and the multiple brand through acquisition issue better than Metastorm, which filed its S-1 in May 2008. Naturally, MTSM is in no great rush to complete the offering, so I waited for a slow summer day to read its filings.
First the market share issue. BPM, for a variety of reasons, is different than most "emerging" software markets over the last two decades. In most other high flying software-market investment opportunities of the 1989-2008 timeframe, one company came out of a pack from a standing start, went public and then was acquired. There were two chances to cash in in almost all cases.
But BPM is different in that no startup has come out of the pack to go public. Metastorm is the first to try. Pegasystems (PEGA) had been public since its bank-automation application phase, Fuego and a host of others had already been acquired, and the other smaller companies including Metastorm (with the possible exception of Lombardi and Savvion) cannot really be considered startups. They all have other functionality or technology heritages... in workflow (Handysoft), imaging (Global 360), KM (Appian), and so forth.
MTSM is throwing down the gauntlet to the other small players thinking about an IPO by publicizing its revenue streams. Its major problem is that unlike Ariba (ARBA) in 1999, Siebel and i2 (ITWO) in 1996, Arbor in 1995, and PeopleSoft earlier, Metastorm is not bringing its shares public competing in an undefined software market against a few equally small software suppliers. Instead it is aiming right at the major software suppliers in the information technology [IT] market.
With about $48 million in 2007 software revenue, Metastorm trails the leading suppliers. In addition, the S-1 numbers are probably not backcast for 2006/2007 acquisitions (because that is not required under Generally Accepted Accounting Principles) so the growth rate is not quite as high as advertised. But Metastorm's growth still appears to outstrip the BPM market’s. Metastorm has a reasonable presence (30% of revenue) outside the United States, which is important given the current macroeconomic situation. Its products appear to be particularly popular in the government sector, which accounted for 26% of Metastorm’s business in 2007.
Another differentiator but possible sticking point is Metastorm's relationship to Microsoft. Most of its products are exclusive to or optimized for the Microsoft platform. That's good news unless Microsoft decides to more aggressively pursue this market opportunity.
As for the product acquisition trend, Metastorm is trying to redefine the already redefined BPM category as a market opportunity. Its S-1 says there is a unified market for enterprise architecture management [EAM], business process analysis [BPA] and BPM (as already redefined from workflow and integration middleware) in combination. I don't see it but even if I am wrong, such a redefinition is a tough challenge for a small player in a market and the challenge is compounded by the fact that all the major software-market players also offer products in all these categories. So even if Metastorm were successful in broadening the definition, its competitors are the same.
There is the further problem as discussed at my blog on IT Business Edge: the categories EAM, BPA and BPM actually do not cleanly fit together. Metastorm says:
"However, BPM software alone generally focuses on the automation, management and control of business processes and does not address all of the activities needed to improve processes. By itself, BPM software may not allow an organization to fully understand a given process and how it relates to the strategy, people, systems and data that the process impacts across an organization."
Although that might be true of some BPM products, it is certainly not the roadmap that all the leaders have laid out. Metastorm is no further down the road toward integrating these functions because it is also the amalgamation of acquisitions: heritage Metastorm was formed by the merger of Metastorm and the U.K.-based Sysgenics (in 1998), Commercequest (which is the result of the mergers of KMG, ANS, and others) and Metastorm in 2005, and the acquisition of Provision with its EAM and BPA offerings and Spotlight Data by Metastorm in 2007. It was Sysgenics that brought the eWork capability to the mix originally and well as the foothold in the EU. Understanding the revenue streams of these disparate products--and their relationships to their disparate competitors--is really the key to understanding the Metastorm IPO as an investment opportunity.
The wildcard issue with this IPO is Metastorm's ownership by Internet Capital Group (ICGE). Metastorm is not the typical IPO in that Metastorm itself is over 30% owned by ICGE, another public company. This raises the VMware (VMW)/EMC (EMC) conundrum I have discussed at Research 2.0 in an investment-opportunity environment--both marco and individually--that is probably not worth the time to figure out. But that is not to say that ICGE has the same kind of complete control over Metastorm that EMC has over VMware.
In summary, the Metastorm offering serves the purpose of legitimizing the market for those of you thinking about whether BPM is legitimately a separate software function worth investing in or just a part of the ERP suite (as I discussed here) or middleware investment opportunities. Other players not mentioned above that are nibbling around the edges of the opportunity include Adobe (ADBE), Axway/Cyclone/Tumbleweed (part of the Sopra Group listed on Bourse), BMC/Remedy (BMC), Cordys, DST Systems (DST), EMC/Documentum, GXS, IDS/Scheer, Intalio, Mega, Red Hat/JBoss (RHT), Ultimus, Vignette (VIGN), Vitria and W4/Akazi. Of course, most of these companies either do not report BPM as a separate business segment because it is still a minor part of their revenue under SEC (or equivalent) regulations. or they do not report their revenue at all because they are private companies.
NOTE: I do not recognize “pure-play” as a separate market research segment and don’t think you should consider pureplay as a feature when looking at BPM (or any other software market) investment opportunity. There is no reason why a company that only offers BPM should have a better BPM product than one that offers multiple types of software.
Additional to this 95% from institutionals after the buy back there are 2% of outstanding shares, which are holding from the management. In the result, that are 97%:
http://finance.yahoo.com/q/ir?s=ICGE
I believe, it is very easy to recognize, that there must exist a big number of naked shortselling, which is not part of the official numbers of shortselling of about 9-10% of the outstanding shares.
If you look at 97% of institutionals an the 9%-10% shortselling, there could be only 12% private holding of the outstandig shares. But after my estimates the private holding is 25-30% of the outstanding shares. The difference of about 15% of the outstanding shares must be not legal criminal shortselling.
August 8, 2008
news
StarCite Introduces Hotel Group Rate Forecasting Tool
August 05, 2008
StarCite, a Philadelphia-based provider of meetings industry software and solutions, recently announced the launch of its first business intelligence tool, the StarCite Group Rate Advisor. Designed to help meeting planners and suppliers prepare and budget for future events, the tool generates reports that include forward-looking hotel rate forecasts based on data culled from real RFPs submitted via StarCite's signature meetings platform.
The Group Rate Advisor made its official debut last month at NBTA's annual conference in Los Angeles, where StarCite staff was on hand giving live product demonstrations.
The Group Rate Advisor works by compiling data from StarCite's online meetings marketplace—where more than 93,000 suppliers receive RFPs every year—in order to generate trend-based pricing reports according to metro area, property type and even industry. Although pricing information on individual properties will not be available, StarCite says meeting planners using the new tool will be able to analyze their hotel options for upcoming meetings in order to make the most cost-effective decision based on pricing trends and historical data.
"Meeting planners have never before had the ability to analyze hotel rates using forward-looking data," StarCite CEO Keith Forshew said in a statement. "This look into the future, based on specific aggregate pricing information derived from the $7.5 billion in corporate meeting business flowing through our online marketplace, will provide immense value and insight for our customers. It will bring a new degree of pricing transparency to the meeting planning process and allow companies to make more cost-efficient decisions based on better knowledge of how their rates compare with average rates within the StarCite community."
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http://www.internetcapital.com/pdf/presentations/webcast2Q08.pdf
50 Dollar = 50 Euro ein Joke? Durchaus nicht, denn wir sind auf den Marsch zur Kaufkraftparität gestartet, die nach allen neuesten Untersuchunge sogar eher bei 1,10 als bei 1,20 liegt. Dazu kommt Überschießen in der Anpassungsphase - und da konnten wir in 2011 mittendrin stecken.
Rein charttechnisch wären dann auch Kursziele von über 7000$ möglich.
Da kommt keinerlei Entschuldigung für die Schäden, die Reinyboy bei den Lesern verursacht haben dürfte und die sie dann sehr teuer zu stehen kommen hätten konnen und es in manchen Fällen vermutlich auch getan haben. Absurd sind zudem die alten Geschichten aus 2000, wo sich offensichtlich Reinyboy völlig verzockt hatte und die vermutlich für sein Frustschieben verantwortlich eind. Diejenigen, die hier diskutieren, sind i.d.R. zwischen 3,40 Dollar und acht Dollar eingestiegen - und wir interessieren uns herzlich wenig dafür, wenn Reinyboy im New-Economy-Wahn vielleicht für $4,280 gekauft und dann uns dann im Tief für $3.40 verkauft hat. Nur eines; Wir danken ihm dafür, dass er dazu beigtragen hat, damals zu günstiger Einstiegsmöglichkeiten zu schaffen.
kannste für mich mal bitte etwas checken ???
Habe vor ewigkeiten den Wert China.com gekauft und in meine Depots gepackt.
Jetzt sehe ich, das der Kurs, laut Chart, explodiert ist.
Kann leider nichts über einen schon durchgeführten Re-Splitt finden.
Gilt auch für alle anderen hier.
Wäre über jede Info dankbar.
Gruß Byblos
P.S.: Internat Capital ist nicht tod und wird in Kürze fast genauso gut abgehen wie China.com :-) teu teu teu !
As a brief update on Go Industry have closed the transaction during the quarter the newly combined company is the clear international leader in the sale and valuation of used industrial machinery and equipment. Integration has gone well and the company is on track to deliver cross sales of approximately $8 million in 2008. They always have the strong sales pipeline including deals of Eli Lilly, Atlas Aluminum as well as two valuation contracts with GE commercial finance, an advisory from Alex Partners.
Economic trends are in Go Industry’s favor given that many options are conducted as a result of insolvency and the fact that business is our hungry to realize value from our used and surplus assets. As a result we believe the combined company is well position for growth in 2008 and beyond.
http://www.metastorm.com/library/reports/...etastorm_BPMS_Profile.pdf
Internet Capital hält 32% an Metastorm.