Kursverdoppelung bei Actua Corporation (vorm. Internet Capital)
Seite 137 von 385 Neuester Beitrag: 02.02.24 06:39 | ||||
| Eröffnet am: | 06.12.05 13:53 | von: Libuda | Anzahl Beiträge: | 10.605 |
| Neuester Beitrag: | 02.02.24 06:39 | von: ReeCoupons | Leser gesamt: | 1.327.334 |
| Forum: | Hot-Stocks | Leser heute: | 171 | |
| Bewertet mit: |  | |||
| Seite: < 1 | ... | 135 | 136 | | 138 | 139 | ... 385 > | ||||
Page -3-:
Current Downturn happening in
context of long term secular trends
• Next 12 to 24 months difficult as global economy de-levers
• Customers gain buying power because of scarce spend
• However, long term secular internet growth story will continue
• Downturn accelerates the offline media and traditional software
market “right-sizing”
• SaaS and On-line marketing companies will take market share in a
down market and are best positioned for rapid growth when the
economy returns
• Improving deal environment as valuations drop. Need to stay
patient and disciplined on valuation.
Page -6-:
On-Line Marketing
And the winners are….
• On-line vs. Offline
• Performance advertising vs. Brand Advertising
• Advertiser, Intermediary vs. Publishers
•Supply/Demand imbalance between advertisers and
publishers will persist
•Advertisers leverage cost disparities – for example Whitefence (Internet Capital is owning 35% of Whitefence)
•Intermediaries add value to commodity inventory through
aggregation, data and analytics – for example Channelintelligence (Internet Capital is owning 46% of Channelintelligence)
Haven’t done a significant new acquisition in two years.Reviewed approximately 400 deals, issued 5 term sheets in
2008
Stayed disciplined on valuation
Allocated $9 million to repurchase approximately 2 million
shares of ICG stock as part of a $25 million buyback program
Net seller in last two years:
Realized proceeds over $100 million from the sales
of Marketron and Creditex
Message to Partner Companies – Drive to Profitability
Our core partner companies have dramatically reduced costs
to “weather the storm”. Rating :
(No ratings)
Ended 2008 in a strong financial position
�� Completed the sale of Creditex to IntercontinentalExchange
(NYSE:ICE), realizing over $60 million in cash proceeds
�� $140 million in cash and marketable securities at December 31,
2008.
�� We reinvested in ICG and our partner companies,
demonstrating our confidence in the value they can deliver
• Completed three major financings
− Channel Intelligence: $6 million funding increasing
our ownership from 40% to 46%
− StarCite: $14 million funding increasing our
ownership from 26% to 34%
− GoIndustry: $10.5 million funding to help facilitate its
acquisition of Dovebid
• Repurchased 1.9 million shares of our common stock for
$9.3 million pursuant to our $25 million share repurchase
program
Enterprise SaaS Software
Need a laser focus on solving customer problems that
really matter and a strong ability to upsell to existing
customers:
•Compelling value proposition behind certain SaaS solutions
that offer visibility, analytics and control which ultimately
translate into ROI
•Combination of Software and Service with a strong data
component makes for a sticky application with a network
effect
Three cómpanies of Internet Capital are in this markets: Starcite, ICGCommerce and Investorforce.
Internet-Handel
Amazon baut Plattform aus – Gewinne sprudeln
(7) 24. April 2009, 07:50 Uhr
Der weltgrößte Online-Händler hat seine Hausaufgaben gemacht. Mit dem Ausbau des Marktplatzes lockt er immer mehr Händler von Ebay auf seine Plattform. Die Gewinne legen deutlich zu und übertreffen sogar die Erwartungen der Analysten. Für die Zukunft setzt Amazon-Chef Bezos auf das Kindle-Lesegerät.
Foto: dpa
Amazom-Gründer Jeff Bezos glaubt an den Erfolg des digitalen Lesegeräts "Kindle"
Weiterführende Links
Harmlose Suche bei Amazon führt zu Sex-Büchern
Amazon löscht Bücher mit homosexuellem Inhalt
Demi Moore verhindert Selbstmord dank Twitter
Das E-Book – der Aufreger des Jahrzehnts im Test
Verband kritisiert Selbstinszenierung bei Twitter
Facebook attackiert Twitter mit eigenem Ticker
Privates ist im Internet nicht richtig sicher Der Internethändler Amazon hat seinen Umsatz und Gewinn inmitten in der weltweiten Konjunkturflaute kräftig gesteigert. Amazon verdiente im ersten Quartal unter dem Strich 177 Millionen Dollar, fast ein Viertel mehr als vor einem Jahr. Der Umsatz kletterte um 18 Prozent auf 4,89 Milliarden Dollar, wie der Konzern nach Börsenschluss mitteilte.
Mit beiden Zahlen übertraf Amazon die Erwartungen der Analysten. Die Experten hatten Amazon lange dafür kritisiert, Umsatz vor Gewinn zu stellen. Doch jetzt sind sie angetan von der Fähigkeit des Online-Händlers, auch in harten Zeiten Kunden anzuziehen.
Große Hoffnungen setzt Amazon-Chef Jeff Bezos auf elektronische Bücher und die gerade in den USA gestartete zweite Generation seines E-Book-Lesegeräts Kindle. Die Verkäufe hätten „die optimistischsten Erwartungen übertroffen“, so Bezos. Zahlen nennt Amazon bisher nicht, erste Schätzungen gehen von rund 300.000 verkauften Geräten aus. In Deutschland ist der Kindle nach wie vor nicht zu haben.
Für das zweite Vierteljahr stellt sich Amazon auf einen Gewinnrückgang von bis zu 49 Prozent ein, weil das Ergebnis ein Jahr zuvor durch einmalige Einnahmen in die Höhe getrieben wurde. Im zweiten Quartal peilt Amazon einen Nettogewinn von 110 bis 190 Millionen Dollar und einen Umsatz von 4,3 bis 4,75 Milliarden Dollar an. Amazon-Aktien legten im nachbörslichen Handel rund ein Prozent zu.
Keywords
Internethandel Amazon Jeff Bezos Marketplace Kindle Ebay Aktie New York Amazon baut die Angebote von Dritthändlern auf seiner Online-Plattform immer weiter aus. Dies macht Konkurrenten wie dem Internet-Marktplatz Ebay zu schaffen. Bei dem Wettbewerber brach der Überschuss im ersten Quartal erneut um fast ein Viertel ein.
http://www.channelintelligence.com/
http://finance.yahoo.com/q/is?s=ARBA Rating :
(No ratings) flankenking
--------------------------------------------------
View Messages
Report Abuse
Re: Compare with Ariba 23-Apr-09 04:00 pm That are about 2.4-times-revenues by low growth-rates.
The grwoth of the partnter-companies of Internet Capital is a very higher. Rating :
(No ratings) flankenking
--------------------------------------------------
View Messages
Report Abuse
Re: Compare with Ariba 24-Apr-09 03:50 am Proportional revneues of Internet Capital by the partner-companies are about 150 million.
Value by 2.4-times-revenues = 360 million.
Value of partner-companies of 360 million and 125 million cash/securites = 485 million.
IT OUTSOURCING: CHINA VS INDIA
By: TONY WANG GRACE TIAN
Published: 21/03/2009 at 12:00 AM
Newspaper section: BusinessChina's software industry has been performing well despite the deepening world recession. In 2008, software exports reached US$14.2 billion, up 39% year-on-year. Services outsourcing grew at an even faster speed of 54.3% to $1.6 billion. The growth in the whole year was 6.2 points higher than in the first 11 months.
The development of outsourcing has relied on support from both central and local authorities of China. China has been carrying out industrial upgrades for a long time. Many Chinese cities and industrial parks consider outsourcing an effective way to achieve industrial upgrading.
During the current global recession, due to the downtown in the manufacturing and export sectors, China has selected outsourcing as a new arena for economic growth. In February, 20 major cities, including Beijing, Shanghai, Tianjin, Chongqing, Shenzhen, and Chengdu, were chosen as demonstration sites for service outsourcing. In these cities, the government will establish preferential policies such as tax cuts to encourage the development of outsourcing.
China is now eager to promote outsourcing, but the question is, can China's outsourcing be competitive with that of India?
Despite the boom in China's service outsourcing, it will be difficult for China to catch up with India, the giant in the international outsourcing industry. India has enjoyed both large market volume and fast growth, achieving an average annual growth of 37% over the past four years. In 2008, India captured nearly 37% of the global outsourcing market, while China took less than 10%.
India's outsourcing industry seemed invincible until one event in 2008 changed the situation. The Mumbai terrorist attacks, which caused 172 deaths, highlighted the potential risks of travel to India. It raised questions regarding the safety and stability of the Indian business environment, which is one of the major factors in the selection of an outsourcing partner.
However, the largest threat to India's outsourcing is not terrorism, but cost. The ratio of wages in India and the US used to be 1:6, but recently it has been closer to 1:3, and can even reach 1:1.5. Indian labour is becoming a less efficient solution for the outsourcing businesses. When the global financial crisis came, more clients began to review their spending and cut costs, halting revenue streams and causing upheavals in India's outsourcing industry.
While India's outsourcing entered difficult times, China saw opportunities, because India's limitations are China's strengths. China has abundant IT human resources available at low cost. The ratio of wages in China and the US is about 1:7 now, a ratio much more advantageous than that for India. China also provides a safe and stable environment to overseas investors: no terror attacks have ever taken place in Chinese cities.
Chinese outsourcing companies are usually small. India has many outsourcing companies with annual revenue of more than $1 billion, but in China there are few outsourcing companies with annual revenue exceeding $100 million. Also, Chinese companies are engaged mainly in coding, whereas Indian rivals can provide comprehensive solutions to clients.
Therefore, performance figures such as outsourcing exports and growth are not the only differences between the outsourcing industries of China and India. Like manufacturers, China's outsourcing companies always emphasise low cost to attract clients. Although the global financial crisis highlights such advantages, cost is still not the most important factor for potential clients.
Clients pay more attention to service capabilities, including intellectual property protection, language skill, and ability to provide comprehensive solutions.
The global economic crisis and the Mumbai attacks have temporarily caused some shifting of outsourcing business from India to China, but this trend will not last. Should China return its slice of the outsourcing pie to India when the end comes?
The contributors are research analysts with China Knowledge Consulting. The firm provides corporate services, financial advisory, marketing strategy and recruitment to foreign businesses seeking business opportunities in China. Opinions expressed are their own.
Die haben in 2007 also ihren Umsatz verdoppeln und es sollte auch in in 2008 ähnlich werden - wegen des Verkaufes der Division "PLM", um sich ausschließlich auf Outsourcing zu konzentrieren, wurden es dann aber "nur" 50%.
News from Investorforce 6 second(s) ago InvestorForce Announces Partnership with CAMRADATA, Expands into Europe
On Monday April 27, 2009, 2:53 pm EDT
This is an important milestone for InvestorForce and a significant opportunity for the European institutional investment community,” said Jim Morrissey, CEO of InvestorForce. “Institutional investment consultants will now be able to provide greater transparency of information and richer analytical reporting. The web-based InvestorForce platform will provide the European consultant and plan sponsor community with a more efficient way to aggregate investment data, report in a timelier manner and gain deeper, more frequent access to critical information pertaining to performance and the market movements of institutional assets.”
In addition to the reporting capabilities, the InvestorForce Insight product enables plan sponsors to be connected to their investment consultants daily through a “consultant branded” web portal. The InvestorForce technology platform significantly streamlines the delivery mechanism for collecting and reporting information between managers, consultants and plan sponsors.
“We searched extensively for the partner and platform to meet our client’s needs and InvestorForce is clearly the leader in regards to innovation, vision and technology,” said Steve Butler, CEO of CAMRADATA. As the leading provider of money manager research information and analytics to consultants and plan sponsors in Europe, CAMRADATA is well positioned to extend their product offering by introducing a sophisticated performance reporting solution directly to its consultant and plan sponsor clients. “With over a 1,000 of the world’s most sophisticated plans representing over $3.5 trillion in assets already running through the InvestorForce platform, the product is clearly well positioned to be leveraged by our clients to drive efficiency, profitability and improved reporting,” said Butler.
CAMRADATA will market the InvestorForce platform throughout the U.K. and Europe and provide support from their headquarters in London.
About InvestorForce
InvestorForce, a pioneer in the development of advanced solutions for institutional investment consultants, provides the only end-to-end, truly integrated solution for daily monitoring, analysis and reporting on institutional assets. As an Internet Capital Group (NASDAQ:ICGE) partner company, InvestorForce has successfully brought the most advanced, SaaS-based, performance-reporting platform to the institutional investment community. For more information, please consult the website at http://www.investorforce.com.
About CAMRADATA
CAMRADATA Analytical Services Limited markets Europe's most comprehensive asset manager database with information on 1,000 asset managers and 7,000 investment products. CAMRADATA was acquired by P-Solve Asset Solutions in April 2008. For more information, please consult the website at http://www.camradata.com.
On Monday March 16, 2009, 10:59 am EDT
Buzz up! Print Related:Internet Capital Group Inc.
WAYNE, Pa.--(BUSINESS WIRE)--InvestorForce today announced INSIGHT, an innovative web portal solution that finally gives institutional investors immediate access to plan performance and other vital plan data. Available globally through Institutional Investment Consultants, Insight is a key communication tool that enables consultants to provide their clients with investment transparency and more timely performance information.
Related Quotes
Symbol Price Change
ICGE 4.68 -0.15
This will represent a huge advancement for the institutional investment consulting community,” said Blake McLaughlin, Vice President of Marketing at InvestorForce. “Institutional investors have traditionally been briefed on their performance quarterly, sometimes as much as 60 days after the quarter ends. With today’s markets, that is simply no longer acceptable. There is intense pressure to understand exposure to certain segments and securities, most recently financial services for example. INSIGHT will provide the depth and precision, in a timely manner, so that consultants and their clients can make better, more informed decisions.”
INSIGHT enhances the relationship between consultants and their clients by providing visibility, clarity and transparency to investments via a web portal. One key feature of INSIGHT is On-Demand Daily Performance (ODP). Unlike most performance reporting systems that have a “rear view” look at historical performance, INSIGHT enhances those views by providing daily, and intra quarter views of performance, positions, allocation and attributions. Available in InvestorForce’s Summer 2009 release, INSIGHT will be available through Institutional Consultants globally.
INSIGHT is a component of the InvestorForce Performance Reporting NetworkTM (iPRN) that supports institutional consultants in aggregating data, calculating performance and generating reports for over 1,000 of the world's largest and most sophisticated pension plans and endowments. With mounting concerns regarding market volatility, performance metrics and pension plan solvency, institutional consultants with access to the InvestorForce platform gain a significant competitive advantage to respond to their clients with timely and unique visibility. In addition, the iPRN platform allows institutional consultants to achieve significant efficiencies in generating reports for their clients through a robust, fully automated reporting process.
"This is an absolute differentiator in the highly competitive world of institutional consulting. Those organizations that offer this service to their clients will not only provide better visibility and transparency, but will have a clear competitive advantage,” said Jim Morrissey, CEO for InvestorForce
For more information or a brief demonstration of INSIGHT please contact Hope Strout at hstrout@investorforce.com.
About InvestorForce
InvestorForce provides the institutional investment consultant community with the only truly integrated solution for daily monitoring, analysis and reporting on institutional assets. Our technology leverages automated data collection to provide clients with real time insight, transparency and deeper analysis than ever before.
With majority ownership and backing from Internet Capital Group (ICGE), InvestorForce has successfully brought the most advanced, SaaS based, performance-reporting platform to the Institutional Investment community. Rating :
Wayne, PA – February 9, 2009 – InvestorForce today announced that 2008 was a record year of growth in both revenue and client acquisition. InvestorForce, a leading provider of solutions for the institutional consultant community, is now supporting five of the top ten consulting firms in the industry with on-line, real time visibility and extensive analytics into portfolio holdings, performance data and trading activity through its proprietary Performance Reporting Network, the iPRN platform.
The iPRN platform aggregates data from over 1,000 of the world’s largest and most sophisticated pension plans and endowments. With mounting concerns regarding market volatility, performance metrics and pension plan solvency, institutional consultants with access to the InvestorForce platform gain a significant competitive advantage to respond to their clients with timely and unique visibility. In addition, the iPRN platform allows institutional consultants to achieve important efficiencies in generating reports for their clients through a fully automated reporting process. This compelling value proposition resulted in unprecedented year-over-year revenue growth of 200%.
“This is an extraordinary time for both our company and the industry” said Jim Morrissey, CEO for InvestorForce. “As a result of the challenges presented by the downturn and uncertainties in today’s financial markets our solution is being sought out to provide transparency and insight to the investment decision making process.”
“We see InvestorForce as a strategic component to our success and selected them for their ability to provide business critical information management solutions,” said Greg Frese, Managing Director of Operations at Hammond Associates. “The return on our investment in InvestorForce is the unparalled transparency and analysis that we get from the platform, which ultimately allows us to better serve our clients.”
InvestorForce will continue to build out its solutions in 2009. The company plans to launch the fourth generation of REPORT and the second generation of INSIGHT, a client access portal that allows plan sponsors to view their plans performance from their desktop and see daily performance. Additionally, the company plans to expand its offerings to address the growing European market.
About InvestorForce
InvestorForce provides the institutional investment consultant community with the only truly integrated solution for daily monitoring, analysis and reporting on institutional assets. Our technology leverages automated data collection to provide clients with real time insight, transparency and deeper analysis than ever before.
Founded in 1999, InvestorForce has been a pioneer in the development of advanced solutions for institutional investment consultants. Using InvestorForce's proven, web-based software products, consultants can drive greater operational efficiencies in several areas that include data aggregation, performance calculation, and real-time analysis into client, manager and market movement as well as the timely, automated production of performance reports.
With majority ownership and backing from Internet Capital Group (NASDAQ:ICGE), InvestorForce has successfully brought the most advanced, SaaS based, performance-reporting platform to the Institutional Investment community.
http://www.ariva.de/Abacho_MY_Hammer_vor_Explosion_t321065
17:39 28.04.09
Infosys
Infosys Technologies Ltd.
Stand: 28.04.2009
Branche
Software
ISIN
US4567881085
Aktienzahl (Stck.)
572,8 Mio.
Kurs (Euro)
21,87
Marktkap. (Euro)
11,86 Mrd.
Bester Handelsplatz
Frankfurt
Der zweitgrößte IT-Konzern Indiens Infosys Technology hat sich seit der Gründung im Jahr 1981 von einem Start-up mit einem siebenköpfigen Gründerteam zu einem der weltweit führenden Anbieter mit über hunderttausend Mitarbeitern entwickelt. Einen Wachstumsschub hat das Unternehmen vor allem nach der Jahrtausendwende durch den forcierten Ausbau des Geschäfts als Systemintegrator und Outsourcingpartner für ausländische Unternehmen erfahren. Als wichtigster Wettbewerbsvorteil erwies sich dabei der guten Ausbildungsstandard der IT-Experten im Heimatland bei einem in Relation zu den Industrieländern sehr moderaten Lohnniveau. Aus diesem Grund befindet sich heute immer noch rund die Hälfte der Entwicklungszentren in Indien, obwohl hier lediglich 1,3 Prozent der Umsätze erzielt werden. Selbst der gesamte asiatische Markt spielt nur eine untergeordnete Rolle, das Gros der Erlöse wird in den USA (61,6 Prozent) und Europa (28,1 Prozent) erwirtschaftet. Stark diversifiziert hat sich hingegen mittlerweile das Produkt- und Dienstleistungsspektrum, das von der Beratung und Prozessoptimierung über die Realisierung komplexer IT-Strukturen bis hin zu branchenspezifischen Softwaremodulen reicht.
Aktuelle Entwicklung
Mitte der Woche hat das Unternehmen Zahlen für das vierte Quartal 2008/09 sowie für das gesamte Geschäftsjahr gemeldet. Trotz des noch einmal deutlich verschärften Abschwungs der Weltwirtschaft konnte Infosys den Umsatz zwischen Januar und März um beachtliche 24,1 Prozent auf 56,4 Mrd. INR steigern und so auf Zwölfmonatsbasis mit 216,9 Mrd. INR unsere Prognose aus dem WIN-Guide 22/2008 (220 Mrd. INR) nahezu erreichen. Unsere Gewinnschätzung (54 Mrd. INR) wurde im Zuge dessen mit einem Konzernüberschuss von 60 Mrd. INR (+ 28,5 Prozent) sogar deutlich übertroffen. In der laufenden Finanzperiode dürfte sich nun allerdings die Wachstumsschwäche in den wichtigsten Absatzmärkten USA und Europa deutlicher bemerkbar machen. Das Management geht davon aus, dass die Erlöse nur noch geringfügig um 1,7 bis 5,7 Prozent steigen, der Gewinn pro Aktie dürfte gleichzeitig zwischen 3,3 und 7,6 Prozent schrumpfen. Nichtsdestotrotz überzeugt der indische Highflyer damit auch in der Krise durch eine außergewöhnliche Stabilität, während viele ehemalige Wachstumsstars regelrecht abstürzen. Dies haben mittlerweile auch die Anleger erkannt: Seit unserer Empfehlung im November 2008 hat die Aktie rund 17 Prozent zugelegt und damit den Großteil des von uns identifizierten Potenzials binnen Jahresfrist (26 Prozent) realisiert.
Fazit
Unternehmensdaten
Infosys Technologies Ltd.
2008/09
2009/10e
Umsatz (INR)
216,9 Mrd.
220,0 Mrd.
EpS (INR)
104,5
97,2
KGV
13,5
14,5
Wechselkurs: 1 INR = 0,01516 Euro
Schätzungen: WIN-Guide
Wie von uns erwartet geht der Absturz der Weltwirtschaft auch an Infosys nicht spurlos vorüber und wird im laufenden Jahr erstmals seit vielen Jahren wahrscheinlich zu einem Gewinnrückgang führen. Bleibt dieser tatsächlich einstellig, kommt das Unternehmen damit aber äußerst glimpflich durch das voraussichtlich schlimmste Rezessionsjahr der Nachkriegsgeschichte. Mittelfristig dürften die Inder von der Krise sogar profitieren. Denn die Zusammenarbeit mit dem IT-Spezialisten dient vielen Kunden zur Hebung von Rationalisierungspotenzialen, und gerade hier dürfte der Druck in einem schwachen wirtschaftlichen Umfeld eher noch zunehmen. Vorübergehend könnten dabei zwar die Margen unter Druck geraten, aber mit einer erfolgreichen Neukundenakquise dürfte die Basis für den nächsten Ertragsaufschwung in einem besseren Umfeld gelegt werden. Mit dem jüngsten Kursaufschwung wurde allerdings ein Teil dieser Erwartungen eingepreist, die Aktie (US4567881085) scheint reif für eine (kleine) Konsolidierung. Wir stufen sie daher zunächst als Halteposition ein, mittelfristig besteht allerdings noch deutliches Aufwärtspotenzial.
Real-Time: 4.94 0.28 (6.01%) 3:59pm EThelp
Last Trade: 4.94
Trade Time: 3:58PM ET
Change: 0.28 (6.01%)
Prev Close: 4.66
Open: 4.67
Bid: 4.94 x 100
Ask: 4.96 x 300
1y Target Est: 9.50
Day's Range: 4.61 - 5.00
52wk Range: 3.04 - 10.74
Volume: 127,612
Avg Vol (3m): 156,697
Market Cap: 181.33M
P/E (ttm): N/A
EPS (ttm): -0.60
Div & Yield: N/A (N/A
Market-cap by 33 million outstanding shares 8 second(s) ago and $5 = 165 million.
If you subtract the 125 million cash/securites = 40 million for all private companies.
That means in the result for example:
13 million for 65% of ICGCommerce
6 million for 31% of Freeborders
6 millionfor 32% of Metastorm
6 million for 34% of Starcite
3 million for 46% of Channelintelligence
3 million for 35% of Whitenfence
1 million for 80% of Investorforce
1 million for 53% of Vcommerce and
1 million for 9% of Anthem Venture
Die wertvollste Beteiligung, 65% an ICGCommerce, ist allein aber schon 150 Millionen wert.
Optionen
| Boardmail an "Aufhocker" |
Wertpapier: Actua |
http://messages.finance.yahoo.com/...8701&tof=41&frt=2#258701
1 Nutzer wurde vom Verfasser von der Diskussion ausgeschlossen: tradeconto