ICGE - MK 135 Mio. € - innerer Wert 700 Mio. € !

Man muß heute mal einen neuen Thread aufmachen,
da heute ja naturgemäß die Wende nach oben kommt !!!

Denn knapp 60 Mio. Dollar unter Cash und
einem inneren Wert von mindestens 500 Mio. Euro sollte nicht lange Bestand haben.
Denn ICGE hat keine Bankschulden !

Das Wachstum aller Firmen liegen im Durchschnitt seit Jahren um die 30 % !!!

Alleine fünf Firmen generieren schon weit über 55 Mio. Dollar !!!
Viele andere gut aufgestellte Firmen gibt es momentan völlig umsonst hinzu,
da die MK mittlerweile weit unter Cash liegt !!!

HIER SOLLTE MAN SCHNELLSTENS REIN UND DEM CRASH VIELEN DANK SAGEN !!!

Ein Merger steht an - der diesem "billigsten Internet-Inkubator der Welt" mindestens 50 Mio. Euro einbringt !
Auch ein Börsengang ist schon angekündigt -
der nach dem Crash - wenn sich die Leerverkäufer wieder billigst eingedeckt haben - an die Börse gebracht wird
und weitere 50 oder mehr Millionen Euro einbringt !!!

Spätestens dann hat diese Internet-Holding mehr als das Doppelte der momentanen Marktkapitalisierung !
Und viele viele andere verkaufsreife oder börsenreife Kandidaten in der Hinterhand !
FAZIT: ICGE - DER KURS WÄCHST DIE KOMMENDEN JAHRE TATSÄCHLICH IN EINE ANDERE DIMENSION !

www.globalservicesmedia.com/...ness-process-outsourcing/page/2

www.spendmatters.com/index.cfm/2012/9/20/...-Procurement-Prize

GovDelivery is the leading provider of government-to-citizen communication solutions. GovDelivery’s digital subscription management solution provides organizations with a fully-automated, on-demand public communication system. Organizations using GovDelivery provide citizens with better service and access to relevant information by proactively delivering new information through email, mobile text alerts, RSS and social media channels. GovDelivery’s clients include the U.S. Departments of Defense, State, Labor, Transportation, Treasury, Homeland Security, Justice, Health and Human Services, state agencies across 30 states, the cities of Washington, D.C., and Minneapolis and hundreds of other organizations across the public sector.


(79%)
Wayne, PA-based InvestorForce is a leading provider of performance reporting solutions, with products to address the needs of consultants, plan sponsors and their money managers. InvestorForce enables the institutional investment community to manage investment decisions and exposure more effectively by providing real-time transparency and analysis.  InvestorForce has successfully brought the most advanced,


(96%)
Founded in 1996 and based in Chicago, MSDSonline is a leading provider of on-demand EH&S compliance solutions, offering products and services for managing and authoring material safety data sheets (MSDSs), managing hazardous chemical inventories, reporting workplace incidents, training employees and administering other critical EH&S information. The company’s mission is to provide sustainable solutions that help customers improve employee safety, streamline compliance and reduce potential exposures to workplace hazards and risks. MSDSonline has been recognized for the last five years on Inc. magazine’s list of America’s 5,000 fastest-growing private companies.


(80%)
Procurian, the procurement outsourcing specialist, is driving a fundamental change in the way today’s businesses achieve financial agility and fund growth.  Procurian is the only procurement outsourcing specialist with superior market intelligence integrated into an operational approach, resulting in hundreds of millions of dollars in realized savings.

Procurian ist ein Renner und wird es noch mehr: Outsourcing  - Waiting for the Great Leap Forward

Is procurement outsourcing still "the next big thing"?

October 10, 2012

Introduction

It is three years since an Ovum report asked whether procurement outsourcing was set to be the next major growth area within the business process outsourcing (BPO) industry. Since then, vendors and market watchers alike have continued to insist that the sector is on the verge of a major expansion, while enterprises have, on the whole, maintained a more cautious attitude toward outsourcing their procurement function.

Highlights

Recent growth may not have been earth-shattering, but the procurement outsourcing market continues to mature and develop. For example, since Ovum’s previous report on the sector was published three years ago, there have been notable shifts in the vendor landscape, with many companies looking to expand their capabilities through acquisitions.

The client base for procurement outsourcing is dominated by large firms (with annual revenues of $1bn or more), and there has been significant uptake from the consumer packaged goods (CPG) and manufacturing verticals.

denn allein Procurian ist bei einer konserativen Bewertung mit dem 5-fachen Multiple 750 Millionen wert. Und da ICG Group an Procurian 80% hält, wären das allein schon 600 Millionen. Alle anderen Assets von Local Corp, die restlichen Beteiligungen und die Kasse, kämen dann noch kostenlos dazu.

Q2/2012 von Procurian:

Revenues grew 23% to $37.4 million compared with $30.5 million in Q2 2011
•EBITDA of $7.8 million from $5 million in Q2 2012
•Signed 2 new clients as well as 6 key expanded or extended contracts with existing clients
•Established delivery operations in Buenos Aires to support client needs in Latin America
•Complete Media IQ acquisition which significantly enhances Procurian’s marketing spend optimization capabilities in the area of media spend.
–Integration of Procurian and Media IQ creates leading platform with more than 75 specialists actively working with approximately $7 billion of spend each year, across 40 blue-chip clients

Daraus lassen sich problemlos ein  Umsatz von 150 Millionen und ein EBITDA von 30 Millionen für Procurian ableiten. Und dann wären wir, selbst dann wenn wir nur das absurd niedrige Multiple von 3 wählen würden, bei einem Unternehmenswert von Procurian von 450 Million - und die 80% von ICG Group hätten einen Wert von 360 Millionen.

Würde Procurian so bewertet wie Ariba,  müsste die Bewertung bei ca. 1,2 Milliarden liegen und die 80% von ICG Group wären 960 Millionen wert.

Eine sehr konserative Bewertung wäre ein Multiple von 4, was auf einen Unternehmenswert von Procurian auf 600 Millionen hinausliefe, was aber nach oben noch extrem viel Luft zulässt.

Die 80% von ICG Group an Procurian wären dann allein schon 480 Millionen wert, was schon erhebhlich über der momentanen Marktkaqpitalisierung liegt. Und die Cash von ICG Group und die anderen Beteiligung außer Procurian gäbe es obendrei noch kostenlos dazu.

Infos zu Channelintelligence
Leading provider of performance advertising services for manufacturers and retailers

Channel Intelligence added as fourth platform, increasing ICG’s ownership in CI to a consolidated majority stake of 52%.
-appointed Doug Alexander, ICG’s President, as CEO of CI
-gives ICG the ability to drive value more effectively at one of its most important companies

Collects, cleans, normalizes, unifies, and combines DATA and then distributes it back through a set of services that drive consumer buying behavior.
•Focus on IR 200 and large manufacturers. Customers include Target, Philips, HP, Neiman Marcus, Best Buy and Kimberly-Clark
•Google Shopping partnership: CI selected as premier partner with Google to help retailers optimize their Google Product Listing Ad campaigns


Der Umsatz dürfte in 2012 bei ca. 30 Millionen liegen, was bei in dieser Branche extrem konserativen Umsatzbwertung mit dem vierfachen Multiple auf einen Wert von 120 Millionen hainusläuft.

Und die 52% von ICG Group hätten dann einen Wert von 61 Millionen. Jetzt am Börsenspiel teilnehmen!
melden

80% an Procurion = 480 Millionen

52% an Channelintelligence = 61 Millionen

www.freeborders.com/three-reasons-to-outsource-to-china/

Dass ich hier meinen extrem hohen Stand von  20.000 Stück vor ca. zwei Jahren einmal gefünftelt bis gesechstelt habe, habe ich ja schon mehrfach gepostet - weniger wegen der Qualität, vor allem wegen der Risikostreuung, die durch den Anstieg von $3,40 auf damals ca. $12 aus den Fugen geraten war. Aber den momentanen Bestand will ich eigentlich jetzt sehr lange durchhalten.

Next Growht-Driver: Procurian Extends Its Energy Solution and increased revenues in this sector

PHILADELPHIA, Aug. 6, 2012 -- Leading comprehensive procurement solutions provider Procurian, today announced the acquisition of highly specialized energy management firm, Utilities Analyses, Inc. (UAI). UAI focuses on comprehensive supply-side services that help clients cut utility costs and achieve ongoing savings in both regulated and deregulated environments. Integrating UAI's energy supply-side capabilities with Procurian's existing demand-side capabilities creates Procurian Energy which provides an independent, end-to-end energy management solution that identifies, maximizes and sustains savings and efficiencies. Procurian Energy leverages 30 energy specialists who utilize proprietary market intelligence to manage $3 billion of energy spend across more than 60 clients.

Procurian, which is based in King of Prussia, Pa., provides products and services that help organizations save money on procurement. It has combined Atlanta, Ga.-based UAI, which helps customers buy energy for less, with a business it already has that helps customers consume less energy to form Procurian Energy


Next Growht-Driver: Procurian Extends Its Energy Solution and increased revenues in this sector

PHILADELPHIA, Aug. 6, 2012 -- Leading comprehensive procurement solutions provider Procurian, today announced the acquisition of highly specialized energy management firm, Utilities Analyses, Inc. (UAI). UAI focuses on comprehensive supply-side services that help clients cut utility costs and achieve ongoing savings in both regulated and deregulated environments. Integrating UAI's energy supply-side capabilities with Procurian's existing demand-side capabilities creates Procurian Energy which provides an independent, end-to-end energy management solution that identifies, maximizes and sustains savings and efficiencies. Procurian Energy leverages 30 energy specialists who utilize proprietary market intelligence to manage $3 billion of energy spend across more than 60 clients.

seekingalpha.com/article/...nings-call-transcript?source=yahoo

CEO Buckley about Procruian on Conference Call: "Yes Scott, I think overall, yes we are encouraged by what we’re seeing just in general; there is more deals in pipeline. We've really seeing that probably over the last 12 months as the deals that come in from the top of the pipeline and I think what’s most encouraging as we look at is the number of large deals in the pipeline, really from the early stage to the mid to later stage as I mentioned and I think it’s too early to say that the market's reached a at tipping point and just to remind everyone I think that’s still less than 10% of the market's been penetrated by the players in this industry."


Richard Fetyko - Janney Capital: Did you lose any deals throughout 2012 on the Procurian side, any customers?

Kirk Morgan: No.

Quelle: Adresse im letzten Posting

finance.yahoo.com/news/...p-price-target-raised-142851315.html

Mein Kursziel ist allerdings für Ende 2013 mit 25 Dollar wesentlich höher.

Procurian Announces Contract Renewal with Hertz : Hertz will continue to leverage Procurian's Specialized Procurement InfrastructureTM to support and enable Hertz’s indirect procurement strategy across the company’s North American and European business units

Monday, February 27, 2012

PHILADELPHIA – February 27, 2012 – Leading comprehensive procurement solution provider Procurian, formerly ICG Commerce, today announced that it has renewed its relationship with The Hertz Corporation. Hertz and Procurian began working together in 2005, and under the new five-year agreement, Hertz will continue to leverage Procurian's Specialized Procurement InfrastructureTM to support and enable Hertz’s indirect procurement strategy across the company’s North American and European business units. The program will continue to support Hertz’s cost reduction goals by driving increased savings and efficiencies while allowing the company to focus on core competencies.

“Continuing our relationship with Procurian attests to the strength of our partnership to date,” said Todd Poste, vice president, Global Procurement & Administration, The Hertz Corporation. “Over the past five years, our joint team has not only achieved but exceeded our business targets. Through the partnership, we have gained greater visibility and more control over our indirect spend.”

“Hertz’s dedication to driving performance improvements and efficiencies is impressive,” said Carl Guarino, CEO of Procurian. “We are very pleased to be supporting these efforts and look forward to contributing to Hertz’s continued success

• Signed a new multi-year, multi-million dollar contract, as well as a key customer in the energy management space, and expanded contracts with three existing customers

• Total spend under management was $28 billion at the end of Q3 Jetzt am Börsenspiel teilnehmen!

Umsatz von Procurian in 2013: Ich habe die 37,% Millionen von Q3/2012 genommen (da Angaben über Q4 nicht vorliegen )  und statt dem Wachstum von 26% in 2012 nur eines von ca. 19% angesetzt - und daher den Umsatz von Quartal zu Quaartal um 4,5% steigen lassen (1,045 hoch 4 = ca. 1,19 = ca. 19%):

Dann ergaben sich folgende Umsatzzahlen (in Millionen) für die einzelnen Quartale:

Q3/2012: 37,5

Q4/2012: 39,2

Q1/2013: 41,0

Q2/2013: 42,8

Q3/2013: 44,7

Q4/2013: 46,7

Die Addition der vier Quartale in 2013 ergibt einen Wert von 175,2 Milllionen. Wegen der niedrigen angenommen Wachstumsquote können es aber auch sehr leicht 180 werden.

"ICG is a B2B software and solutions provider with businesses in procurement, government, compliance and insurance and a strong recurring revenue base."

Quelle: letzte Präsentation

Looking back at 2012 I would summarize it by I think it was a very good year overall.

We exceeded our revenue guidance and we are at the high end of our EBITDA guidance range. In addition we repurchased almost a million shares or 930,000 shares of ICG stock for $8.3 million. In terms of looking at the performance from an operating performance over the last four years you can see the company's move from a revenue base of a little less than $93 million in 2009 to $191 million last year which was quite a bit ahead of our guidance of the $180 million to $190 million. On the EBITDA side we saw similar strong growth over those four years growing from $9.3 million of EBITDA to little under $20 million last year in terms of the high end of our guidance range.

ICG Announces First Quarter 2014 Financial Results: Company Reports Strong First Quarter Results
(ICGE) ("ICG") today reported its results for the first quarter ended March 31, 2014.

Revenue was $18.4 million for the first quarter of 2014, compared to $12.0 million for the first quarter of 2013. Net loss for the first quarter of 2014 was $(10.2) million, or $(0.27) per diluted share, compared to net income of $19.1 million, or $0.52 per diluted share, for the corresponding 2013 period. The first quarter of 2013 reflects the gains that ICG realized on the Channel Intelligence and Investor Force sales. Non-GAAP net income (loss) for the first quarter of 2014 was $(3.6) million, or $(0.10) per share, compared to a Non-GAAP net income (loss) of $(5.2) million, or $(0.14) per diluted share, for the prior year quarter.

"We were pleased to start 2014 with a strong first quarter," said Walter Buckley, chief executive officer of ICG. "We experienced excellent revenue growth across all of our businesses, demonstrating the success of our aggressive sales and marketing efforts, and we look forward to building on our positive momentum throughout the remainder of the year."

"We continue to drive growth at our existing businesses and we are also poised to capitalize on the power of the cloud to transform other industry-specific vertical markets," added Buckley. "As a reflection of ICG's evolution in our pursuit of this significant opportunity, we are engaged in a renaming and rebranding process and adopting a new ticker symbol. We are seeking stockholder approval for our new name, Actua Corporation, and look forward to unveiling our new brand in the coming months."  

wertlose Hülle. Alles Betruch, die wollen nur deutsche Rentner um ihre Altervorsorge bringen!

Startdatum des Vergleichs ist das Startdatums des Threads "Investmentcase Actua".

www.comdirect.de/inf/aktien/detail/...tedBenchmarks=true&

nicht das Gelbe vom Ei, aber eine Verzinsung von 10,5% ist das immerhin doch noch

Postings: 598
Zugriffe: 39.221 / Heute: 88
Actua  9,76 $  +2,95%  Perf. seit Threadbeginn:   +113,10%  
ICGE - MK 135 Mio. € - innerer Wert 700 Mio. € ! Bruckner
Bruckner: ICGE - MK 135 Mio. € - innerer Wert 700 Mio. € !  
24.10.08 15:07  

Actua Aktionäre sind alt und müffeln:-)

Actua, Libuda:-)