ICGE - MK 135 Mio. € - innerer Wert 700 Mio. € !
Big surprise was liquidity on end of the third quarter of 161 million, because my estimates was only 140 million.
Liquidity
Cash & Escrows**$71MM
BBBB***$74MM
GOI*** $10MM
ICE (escrow)*** $ 6MM Libuda:
Nicht berücksichtigt sind bei den 161 Millionen die folgenden weiteren 8 Millionen:
And additionel they expects to receive approximately $8 million of income tax refunds in 2010.
Insider
Select an insider below for more information. Relation Last
Date
Form
Type Trans
Type Own
Type Shares
Traded Last
Price Shares
Held
DECKER THOMAS A
DIR
01/04/2010 Form 4 JB
D
1,326 $6.830 40,732
GERRITY THOMAS P
DIR
01/04/2010 Form 4 JB
D
2,653 $6.830 104,233
KEITH ROBERT E JR
DIR
01/04/2010 Form 4 JB
D
2,104 $6.830 62,306
RINGO PHILIP J
DIR
01/04/2010 Form 4 JB
D
1,281 $6.830 65,739
DOWNES DAVID K
DIR
12/18/2009 Form 4 B
D
8,600 $5.835 71,098
GERRITY THOMAS P
DIR
12/18/2009 Form 4 B
IN
42,000 $5.915 42,000
BERKMAN DAVID J
DIR
12/16/2009 Form 4 B
D
33,000 $6.000 98,416
DECKER THOMAS A
DIR
10/01/2009 Form 4 JB
D
1,144 $7.920 39,406
GERRITY THOMAS P
DIR
10/01/2009 Form 4 JB
D
2,288 $7.920 101,580
KEITH ROBERT E JR
DIR
10/01/2009 Form 4 JB
D
1,815 $7.920 60,202
RINGO PHILIP J
DIR
10/01/2009 Form 4 JB
D
1,104 $7.920 64,458
DECKER THOMAS A
DIR
07/01/2009 Form 4 JB
D
1,330 $6.810 38,262
GERRITY THOMAS P
DIR
07/01/2009 Form 4 JB
D
2,661 $6.810 99,292
KEITH ROBERT E JR
DIR
07/01/2009 Form 4 JB
D
2,110 $6.810 58,387
RINGO PHILIP J
DIR
07/01/2009 Form 4 JB
D
1,284 $6.810 63,354
DECKER THOMAS A
DIR
04/01/2009 Form 4 JB
D
2,107 $4.300 36,932
GERRITY THOMAS P
DIR
04/01/2009 Form 4 JB
D
4,215 $4.300 96,631
KEITH ROBERT E JR
DIR
04/01/2009 Form 4 JB
D
3,372 $4.300 56,277
RINGO PHILIP J
DIR
04/01/2009 Form 4 JB
D
2,034 $4.300 62,070
BERKMAN DAVID J
DIR
02/27/2009 Form 4 JB
D
4,500 - 65,416
§
DECKER THOMAS A
DIR
02/27/2009 Form 4 JB
D
4,500 - 34,825
DOWNES DAVID K
DIR
02/27/2009 Form 4 JB
D
4,500 - 62,498
GERRITY THOMAS P
DIR
02/27/2009 Form 4 JB
D
4,500 - 92,416
HAGAN MICHAEL J
DIR
02/27/2009 Form 4 JB
D
4,500 - 12,031
KEITH ROBERT E JR
DIR
02/27/2009 Form 4 JB
D
4,500 - 52,905
MUSSER WARREN V
DIR
02/27/2009 Form 4 JB
D
4,500 - 26,000
RINGO PHILIP J
DIR
02/27/2009 Form 4 JB
D
4,500 - 60,036
BERKMAN DAVID J
DIR
01/02/2009 Form 4 JB
D
3,260 $5.750 60,916
KEITH ROBERT E JR
DIR
01/02/2009 Form 4 JB
D
2,500 $5.750 48,405
RINGO PHILIP J
DIR
01/02/2009 Form 4 JB
D
3,043 $5.750 55,536
http://www.newsguide.us/technology/information/...lack-Book-Research/
http://messages.finance.yahoo.com/...;mid=262883&tof=17&frt=2
http://www.handelsblatt.com/unternehmen/it-medien/...software;2515470
http://messages.finance.yahoo.com/...63020&tof=1&frt=2#263020
Sie zeigen, dass die Beteiligungen wachsen und in 2010 ein Umsatzwachstum von 20 bis 30% drin sein dürfte, vielleicht auch noch mehr.
Look at the big liquidity on the end of the third quarter:
LiquidityCash & Escrows**$71MM
BBBB***$74MM
GOI*** $10MM
ICE (escrow)*** $ 6MM
That are all together 161 million. After the end of thírd quarter to sold some shares of BBBB, but this increased the cash. And they used 20 million of the cash to buy 89% of Govdelivery.
And therefore exist a lot of money for the buy back of shares.
Mit dem momentanen Kassenbestand/Wertpapiere könnte man bei der momentanen Marktkapitalisierung zwei Drittel der Aktien zurückkaufen:
Man kauft zwar etwas zurück, aber mit der Geschwindigkeit einer Schnecke. Mir ist zwar klar, dass durch starke Rückkäufe der Kurs explodieren würde, aber etwas an Tempo sollte man schon zulegen, denn ich kann mir vorstellen, dass zumindest bei Metastorm eine Monetarisierung nahe ist - und vorher sollte man sein Rückkäufe noch einmal ganz massiv steigern, weil uns dann ein Jump ins Haus steht.
http://messages.finance.yahoo.com/...62985&tof=3&frt=2#262985
http://messages.finance.yahoo.com/...63151&tof=1&frt=2#263151
Internet Capital hält 33% an Metastorm.
“The BPM market continues to be a healthy market. Even in 2009, many vendors had a decent year. One of the really big changes was the acquisition of Lombardi by IBM and Savvion by Progress Software. These two acquisitions coming so quick is a big indicator finally that the market is moving from what Geoffrey Moore called the early majority to the late majority stage,” said Hill.
She anticipated more acquisitions and BPM companies announcing they would go public this year. The move to becoming a “late majority” technology would also act as confirmation to CIOs that the technology is sound and an area where they should invest.
http://www.earthtimes.org/articles/show/...ets-2009-top,1159600.shtml
"The global market for Business Process Outsourcing (BPO) is forecast to reach $750 billion in 2009. Although, at $2 billion in 2010, Procurement BPO is still a relatively small proportion of the market it is showing one of the fastest growth rates with CAGR of 41%. Procurement Outsourcing promises companies the benefits of cost savings in indirect costs as well the opportunity for value creation."
http://messages.finance.yahoo.com/...63187&tof=1&frt=2#263187
Allein 64% von 685 Millionen sind schon fast doppelt so hoch wie die momenate Marktkapitalisierung von Internet Capital.
Revenues of ICGCommerce with 20.6 million in the third quarter was higher than the 19.2 million of Open Table in last quarter report. I believe, that in last quarter the revneues of ICGCommerce increased from the 20.6 million to 22 million, which making the difference in the revenues bigger.
Revenues of Open Table in 2009 was only 69 million, the revenues of ICGCommerce exceed $80 million.
Revenue-growth of ICGCommerce was with 39.5% bigger than the revenue-growth of Open Table of 32%.
ICG Commerce’s revenue grew to $20.5 million, compared to $14.7 million in the same 2008 period, that are an increase of 39.5%. Revenue of Open Table rose 32 percent to $19.2 million from $14.5 million last year.
Market-cap of Open Table was yesterday 685 million.
Was müsste dann nach Eurer Meinung ICGCommerce wert sein? Wenn man annimmt, genauso viel wie Open Table, wären 64% daran schon fast das Doppelte der momentanen Marktkapitalisierung. Ca. 150 Millionen Cash und die anderen Beteiligungen neben ICGCommerce gäbe es dann umsonst.
Our Customers
StarCite currently works with more than 30 percent of the Fortune 500; 8 of the 10 largest pharmaceutical firms; 10 of the 10 largest technology companies; and, 10 of the 10 largest financial services companies.
Ten of the largest travel management companies use StarCite as their meetings procurement solution. These include American Express Business Travel, BCD, Carlson Wagonlit Travel, Experient, Helms Briscoe, ConferenceDirect, and Maritz.
StarCite is the single largest group lead generation source for the hotel and hospitality industry. StarCite technology is used to power the e-commerce websites of several major brands including Hilton, Hyatt, Wyndham and others.
More than 93,000 meeting venues and suppliers are active members of the StarCite Global Online Marketplace.
http://www.ariva.de/forum/Loeschung-399482
http://messages.finance.yahoo.com/...p;mid=263224&tof=3&frt=2
http://messages.finance.yahoo.com/...63224&tof=4&frt=2#263224
Internet Capital Group Inc. (ICGE) Maintains A Buy Rating
Analysts at Janney Capital Markets have maintained a Buy rating for Internet Capital Group Inc. (NASDAQ: ICGE). The fair value estimate for Internet Capital Group stock has been maintained at $11.
Internet Capital Group Inc. announced a sale of 780,000 shares in Blackboard Inc. (NASDAQ: BBBB) for about $35 million so far this year, according to the report. Internet Capital Group also sold close to 170,000 shares of Blackboard Inc. 4Q09 for $7 million. Internet Capital Group also announced the buyback of 400,000 shares at $5.79 per share according to the report.
According to analysts, Internet Capital Group has extensive NOLs remaining. The capital gains realized from the sales of Blackboard will therefore not trigger any new taxes, according to analysts. This will allow Internet Capital Group to realize the full $42 million from the Blackboard shares sales. Internet Capital Group’s cash balance benefits by more than $39 million net of buybacks.
Frankenking maybe try the MIRROR 19-Feb-10 02:55 pm Frankenking instead of wasting all of your time writing to yourself why not try talking to yourself in the MIRROR! Don't you ever get paranoid answering your own messages 24/7 and praying you can get back what you've lost to this point in ICGE stock. LOL Rating :
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Re: Frankenking maybe try the MIRROR 19-Feb-10 03:20 pm ....not sure, if you are right...Flanking will imo be the laughing one in the end...ICGE is tremendously undervalued...look at IGLD...was trading in similar range and then ignited, with target of 45!! this may happen fairly quickly with ICGE as well...imagine that the announce the sale of their stake in ICG Commerce and the stock doubles or triples within a day! So, be careful with what you say...
1 Nutzer wurde vom Verfasser von der Diskussion ausgeschlossen: Scansoft