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robbo
28-10-2005, 06:02 PM
Working Systems Solutions(WSS)

Just been over WSS latest quarterly cash flow report......

Hmmmmm

Looked at Product Suite.... Leveraged to Medical/Hospital and Doctors Surgeries Sector Globally.....

Been trading for 12 years....

Think potentially, and only IMO.... a chance here for another Emitch (EMI), and to catch it relatively early for Long Term Holders ...

See 50 cents, as a Guestimate, within 12-14 months....

Regards,

Robbo:)

robbo
29-10-2005, 10:48 AM
Working System Solutions (WSS)

Hi guys,

Thought I better start to fill in the gaps and start to explain why I like some of these securities:

Firstly will start with a what Working System Solutions (WSS) actually is :


>>> -- Working Systems Solutions Limited (WSS) is a provider of software and system solutions. WSS generates revenues primarily through proprietary products and specialist professional services delivered to the health industry. The Company operates three main business divisions Global Health, e-Switch and Uni-U.

Global Health Limited:
is a provider of healthcare software applications that span hospital, community and home settings. Its products include Locum 3 for patient management; MasterCare Electronic Medical Record - a browser-based data repository, implemented in hospitals and e-PAS in hospital administration; as well as the consumer health systems product HotHealth.

e-Switch:
is a software integration broker that automates business processes. e-Switch offers trading partner management, a central repository of re-usable program components and reference data, transport mechanisms such as TCP/IP, HTTP, SOAP or FTP, management of message workflow, and comprehensive audit trials.

Uni-U:
is a provider of on-line education and training products. These services are delivered through alliances with client universities, professional associations and corporations. Uni-U`s core business is the design, development and delivery of on-line education and training content.

EPS growth from previous year moved up 107%

Return on Capital (ROE) moved from 8.7% to: 25.2%
PE is industry average at 19

PEG is low at .19

Adjusted EBITA Profit moved from: $443, 200 to: $1,526,000

Share Price has gained 120% plus in last 12 months....

Market Cap is currently approx: 21-22 million.

More soon....

Kindest Regards,

Robbo :)

kura
29-10-2005, 07:01 PM
Looked at them a while back, but never acted, didn't they have some contract in Malaysia, that was going to be a big money spinner for them ?

robbo
30-10-2005, 12:16 AM
WSS -- Working Systems Solutions

Hi Kura,

My second-hand (not to be relied upon) -- info... Kura, is that there is quite a bit of Asian based activity and Sales "on the brew" in the near future...particularly as pertains to large National hopitals in Asian main centres...

Ah yes Kura, here it is.... coming up out of cyber junk yard as we speak heare Kura,(BTW you not from Kirra Beach on the Gold Coast Qld are you ??) yes that is better,.... "Beam me up Robbo as they say"..

" ... Operating Cash Flow Impacts

.....During the quarter, WSS invested in the establishment of a regional office in.... Kuala Lumpur, Malaysia, .....to develop sales opportunities and support existing delivery commitments in Asia. Travel,salaries, office fitout, and other operational costs associated with the set up have been reflected in the group’s operating cash flows for the quarter...."

So there we ahve it Kura, --- Sales Office in Malaysia plus Sri Lanka to come from memory...??

Kura that is from the quarterly ASX Report, just released.... so below I will also include the entire WSS report for interest and re printed below....

AS well as re producing initially the Newly won Client announcement for WSS, that they have also just won ... from last week...

Hope that is helpful, and you 'ave a good weekend now right Kura !!

ASX ANNOUNCEMENT 27 October 2005
Company Announcements Office
Australian Stock Exchange Limited
4th Floor, 20 Bridge Street
Sydney, NSW, 2000

Dear Sirs

... >> WSS CONTRACTED FOR NATIONAL CANCER RESEARCH PROJECT


Pioneering initiative to streamline access to tissue specimens
Melbourne, Victoria

– 27 October 2005: Leading Australian health systems provider, Working Systems Solutions Limited (ASX:WSS), today announced it had won a contract to develop a national tissue database to assist cancer researchers around the world.

Known as the ABN-Oncology Tissue Specimen Locator, the new system will streamline the labor intensive task of contacting individual Australian tissue banks when searching for oncology tissue specimens.
Working Systems’ e-health division, Global Health Pty Ltd, was selected to undertake the project for the Australasian Biospecimen Network (ABN), a non-profit scientific organisation which provides >>

-- a forum to address issues relating to human tissue banks in
Australia and New Zealand.

The project is targeted for completion in the first half of 2006.


Global Health will design and develop an application infrastructure that will completely automate the process of extracting relevant data from the various tissue banks.

The system will provide a consolidated view of the data and make it readily available via a web browser to researchers around the world.


Project coordinator Michelle Fleming said that at present researchers needed to contact each tissue bank separately to verify if the required specimens were available.


Depending on the workload of staff at each tissue bank, it could take up to a week for a response.

“The new tissue specimen locator will allow researchers to search a national database via the web to find out if the specimens are available, saving considerable time for both the researchers and the tissue banks,” Ms Fleming said.

“This system will be the only one of its type in Australia.”


Earlier this year Global Health completed an online breast cancer database for the Peter MacCallum Cancer Centre in Melbourne.

Sites across every state in Australia and in New Zealand are now linked to provide one of the world's largest resources for investigating familial breast cancer.


Global Health Pty Ltd Working Systems Solutions Ltd
ABN 63 094 220 863 ABN 75 091 377 892
Melbourne Head Office: Level 11, 607 Bourke St. Melbourne, Victoria Australia 3000 t +61 3 9675 0600 f +61 3 9675 0699
Perth: Level 10, Parmelia House 191 St Georges Terrace Perth, Western Australia, Australia 6000 t +61 8 9213 2700 f +61 8 9322 4439
Asia: Suite B-13-5, Wisma Pantai, Plaza Pantai, No .5, Jln 4/

kura
31-10-2005, 07:05 PM
quote:Originally posted by davidrob

WSS -- Working Systems Solutions



Ah yes Kura, here it is.... coming up out of cyber junk yard as we speak heare Kura,(BTW you not from Kirra Beach on the Gold Coast Qld are you ??) yes that is better,.... "Beam me up Robbo as they say"..



Nope afraid not, my name comes from a spelling mistake, I was going to put in a NZ place name, where I used to spend some time (Kuripapango) but made the mistake with the i, but before I corrected it, I thought "stuff it, that'll do"

Will follow WSS, but my inherent dislike of software makes me wary.

robbo
01-11-2005, 10:41 AM
Hi Kura,

That is interesting indeed; in terms of how you formed your pseudonym....

Software used to be something I was very wary of.... and still am....

Unless you do your homework one can get burnt.

Kind Regards,

Robbo


quote:Originally posted by kura


quote:Originally posted by davidrob

WSS -- Working Systems Solutions



Ah yes Kura, here it is.... coming up out of cyber junk yard as we speak heare Kura,(BTW you not from Kirra Beach on the Gold Coast Qld are you ??) yes that is better,.... "Beam me up Robbo as they say"..



Nope afraid not, my name comes from a spelling mistake, I was going to put in a NZ place name, where I used to spend some time (Kuripapango) but made the mistake with the i, but before I corrected it, I thought "stuff it, that'll do"

Will follow WSS, but my inherent dislike of software makes me wary.

robbo
07-11-2005, 11:14 AM
Working Systems WSS

Slowing picking up at MORE at these ridiculous low prices (IMO)...

Regards,

Robbo:)

robbo
10-11-2005, 02:53 PM
Working Systems Solutions (WSS)

(Global Health Software Platform,-- (ASX:WSS)

Worth watching, but only ... IMO... guys...

Another ASX announcement out just now, which was of interest today....

ASX ANNOUNCEMENT

10 November 2005

WSS (Global Health: For Immediate Media and ASX release: To Supply Stem Cell Research Database for ASustralian Stem Cell Centre Limited.

.... -- SUPPLY STEM CELL RESEARCH DATABASE

New systems will manage cell inventory for medical researchers
Melbourne, Victoria – 10 November 2005: Leading Australian health systems provider, Working Systems Solutions (ASX:WSS), today announced it had signed a contract with the Australian Stem Cell Centre Ltd (ASCC).

Working Systems’ e-health division, Global Health Pty Ltd, has been commissioned to create a cell bank inventory database and supporting software tools that will streamline the tracking of cryo-preserved cell samples stored at the Australian Stem Cell Centre
laboratories, which are located at Monash University Clayton Campus.
The ASCC is a national consortium-based initiative uniting many of Australia’s leading academic researchers and the biotechnology industry with the aim of developing products for stem cell therapies. Potential outcomes include regenerating heart muscle after a heart attack, manufacturing transfusable blood products, and reversing the tissue damage following an injury.

Global Health Pty Ltd Working Systems Solutions Ltd
ABN 63 094 220 863 ABN 75 091 377 892
Melbourne Head Office: Level 11, 607 Bourke St. Melbourne, Victoria Australia 3000 t +61 3 9675 0600 f +61 3 9675 0699
Perth: Level 10, Parmelia House 191 St Georges Terrace Perth, Western Australia, Australia 6000 t +61 8 9213 2700 f +61 8 9322 4439
Asia: Suite B-13-5, Wisma Pantai, Plaza Pantai, No .5, Jln 4/83A Off Jln Pantai Baru, 59200 Kuala Lumpur, Malaysia t +603 2284 0800 f +603 2284 5800
e info@global-health.com w www.global-health.com e info@ws.com.au w www.ws.com.au asia@ws.com.au


ASX ANNOUNCEMENT
10 November 2005
WSS TO SUPPLY STEM CELL RESEARCH DATABASE
New systems will manage cell inventory for medical researchers
Melbourne, Victoria – 10 November 2005: Leading Australian health systems provider, Working Systems Solutions (ASX:WSS), today announced it had signed a contract with the Australian Stem Cell Centre Ltd (ASCC).

Working Systems’ e-health division, Global Health Pty Ltd, has been commissioned to create a cell bank inventory database and supporting software tools that will streamline the tracking of cryo-preserved cell samples stored at the Australian Stem Cell Centre
laboratories, which are located at Monash University Clayton Campus.
The ASCC is a national consortium-based initiative uniting many of Australia’s leading academic researchers and the biotechnology industry with the aim of developing products for stem cell therapies. Potential outcomes include regenerating heart muscle after a heart attack, manufacturing transfusable blood products, and reversing the tissue damage following an injury.
Warwick Murphy, Laboratory Manager at ASCC, said cell samples are stored inside Liquid
nitrogen "vapour-phase" tanks with each tank holding up to 22,000 samples.
“To keep accurate records of sample characteristics, cell line history and culture
conditions is a nightmare without an efficient database,” he said. “Currently that
information is in different places. Some is recorded manually in workbooks and other
information is kept in Excel spreadsheets. So it can be extremely time consuming to
collate and collect all of the information with regard to each cell. As the number of cell
samples grows, it becomes increasingly difficult.”
The cell line inventory management system being developed by Global Health will record
all of the information about each sample in a single database and will track the passage
of cell lines through quarantine and storage within the centre. When cell lines are
provided to investigators for research purposes, the ASCC will be able to produce a
comprehensive report about

robbo
23-12-2005, 11:57 AM
WSS

Workig Systems (GLOBAL Health)

Seasons Greetings all,

More I study WSS -- ASX announcemnets, annual reports, figures, and "space in which WSS operate", (Community Health) , more I might think ..... intuitively know ??? --- .... that this WSS from these super dooper LOW, LOW, prices is at least 150% gain in 12 months, if not more .....

Even better if one were to take a 18 month view..... IMO ...


WSS shares are being, IMO, "Literally given away" at these current Margin of Safety Prices, this week before Christmas...

Even on the plain EBITA versus the Bond rate, valuations basis

Let alone..... the WSS .... Return on Capital Growth (ROE) , revenue growth, profit growth, Profit Margins (very High ) and global reach in Asia of the WSS business...


So What Robbo, is the Key to WSS Robbo, in your opinion ..... ?

Answer:

Very much, that (WSS) is right NOW; 'in transition'..... from an Research & Development (R&D) to a proprietory Technology and Intellectual Capital Company in a Growth Sector (Community On Lie Health) ---- to a Sales and Marketing Strategy Right NOW....

-You could take WSS, right out of the "Pop Corn Report" -- IMO --- in terms of being a sort of Robbo armchair Prophet and Tend forecaster, IMO....

WSS, yes, IMO, it is right in the future Big mover global Health Sector, Trend, on a Global Basis grooove .....

look at www nine months to go

and: wwww global health

and: www hot thealth etc etc..and you will get he pitiure..


Then see what (WSS) are doing in Middle East and Malayasia, Sri Lanka and South East Asia geenrally, let alone Australia ....

So have been seen popping into into the ASX Shop ... metaphorically,

To Buy some more WSS bargains .... WOW !!)
these last several days.....

Kindest Regards,

Robbo :)

Moonshine
23-12-2005, 12:20 PM
Certainly caught in a defined downtrend at the moment Robbo... you will probably be able to pick them up around the 10c mark again in the not too distant future?

Cheers,

Moonshine

robbo
23-12-2005, 01:11 PM
WSS Working Solutions..

Personally...... do NOT think so Moonshine....

Reason: ??

(1) Coz there is a stack of Earnngs positive good stuff, in the Pipe line.

(2) And the New Year will, as suggested at the WSS, AGM -- which I went to, see those announceements, which are Earnings Positve and New Revenue expansion dito, which will Hit the News is my strong suspicion....

(3) Also the (WSS) -- already achieved EBITA now of $1.526 million

(4) on a Profit Margin of north of 14%...

(5) and a Return of Capital for WSS, already of: of: ROE (25)

(6) and earnings per share growth (EPSG) of north of 100%;

(7) IMO, make WSS too much of a preferred--- micro cap (relative to peer micro caps at these low price levels) , to bring it down to those sort of levels you speculate, IMO.... Moonhsine.

No.

Think that 14 cents five or take 1/2 a cent on the amrgins, is "about" the Bottom...

Which is why I am happy to accumulate ...... WSS .... at these levels

Kindest Regards moonshine ,

Robbo :)

steve fleming
03-01-2006, 10:49 AM
liking WSS alot Robbo!

good management, good fundamentals, good products, key ratios/numbers trending positively, diversified customer base...

easy money if you have a bit of patience...

cheers for the tip!

steve fleming
04-01-2006, 10:25 PM
interesting to note that WSS is one of a handful of stocks that Peter Strachan of [u]www.stockanalysis.com.au </u>discloses that he owns personally

robbo
05-01-2006, 12:24 PM
WSS (Working Solutions)

Hi Everyone; and Hi To Steve,

Ahhhh ..... these lazy, hazy dazy days of glorious Summer .... [8D][8D]

Just before I Slip Slop Slap, before having another Swim here on the Gold Coast, flick oopen the Lap Top, and see what's doing....


For Contrarians like yours truly, and it also seems you too Steve Flem, and that guy from ..... Stock Analysis that you also mention Steve ......

Woking Systems Solutions -- (Global Health) (WSS) - at below 20 cents ..... this is, IMO, a monty ....

Apart from looking at the excellent Nature of the nature of multiple REvenue Streams from the Business intrinsically....

And the Style of different global Health Sector Contract Wins, that they have had....

BTW Steve, did you notice the Left Field win that WSS had; with Iluka Mines!!

.... --- apart from the Contract wins with Numerous Hospitals and Health Sector Related Institutions ..... ?!?![:p]


But the Real attraction of WSS, IMO, as to the ready and ripeness of Working Systems, (WSS), is IMO , to be found in the Clue, which is to be found, in the Global Health
Working Systems Solutions (WSS) EBITA Profit
MARGIN ..... (17+ %) -- [:p]

- For those interested look at www global health and/or www working systems solutions, and wwww hothealth.

This EBITA Profit Margin I mention, for WSS, from their last Annual Report, is even slightly above, (at the v healthy 17% level --)... what companies like Objective Corp (OCL) , Senetas (SEN) , and Emitch(EMI) were --- when they were, previously at this Stage of their Corporate Development.... ;)

Kindest Regards,

Robbo:)

PS .
Personally,yes ..... did Add another # $43K + worth of WSS over the last 21 days....to what I already held previously for,the last 10 months or so.

But whatever, I am very looong on this stock (WSS) .... for Holding (WSS) -- Long long Term

Regards,

Robbo :)

steve fleming
05-01-2006, 02:02 PM
and Robbo to add to your list....

substantially increasing recurring license fees

revenue/products is very easily scaleable thereby capacity to increase revenues quickly

large asian growth potential to follow on from SL win

vendor with the largest number of public hospital customers.

diversified revenue exposure -15% of WSS revenue is sourced from outside healthcare

Global Health on Demand, launched in mid 2005, as a unique, subscription-based, pay-as-you-use, shared service - should open up new opportunities

costs under control reflecting strong disciplined management

well documented and realistically achievable growth strategies to double earnings for 06 and beyond!

and as stated in the annual report WSS "business on a growth path. We are well positioned to take advantage of the opportunities in the health industry as well as the growth and demand of e-learning and e-business solutions across other industries."

possible aquisition/corporate activity

estimated EBIT for 06 of nearly $3mil

estimated EPS for 06 of 2cps

all this for a market cap of $15 mil......

enjoy your Gold Coast relaxation, and spare a thought for those who are back at the office already!!!

robbo
05-01-2006, 03:28 PM
WSS Global Health

Expect to alse see Big Things in the arena of

(1) United Arab Emirites (Dubai) -- where WSS have clients and are increasing their presence....

(2) Mental Health sector

(3) Tie in with Electronic Payment Sectors

(4) Tie in with Large Payroll Companies like Talnet 2 and Mc Millan Shakespeare, and maybe evetn ABC Childare--??--

Will tonight copy you here at S/Trader, a relevant article from: The Economist, from only last Month (December 05) -- that I have downloaded from the Internet....

and you will see Steve; why I like this Space and This Company Very much....

Regards,

Robbo:)

robbo
05-01-2006, 05:02 PM
WSS Working Solutions

BTW Steve --

Do you subscribe to Peter Strachan's Stock Analysis?

Also, on a quick final note before later this evening, did you see that a ninemsn HOST company have being using HOT HEALTH www HOTHEALTH and wwwnine months to go.com.au--- (one of WSS's divisions, on one of thier Lifestyle Regular Segments?)---

Do not tell me there will be another Internet buy out (like with HWW !!)-- of WSS by ninemsn... or Sonic Health etc, before they have matured...

Oh well, if that happens, at least we will double the Investment Price, but I'd frankly be a bit aggro, coz IMO, WSS is easilly worth 35 cents plus.... as their is so much in The Piple Line....

Some of good news,is...... I think -- ??-- , is related also to the Large Sonic Health's Ramsays, Primary Healths, Heathscope's etc etc.... and Private Health Funds 'Space' -- and some of it to the recently anounced Mental Health initiatives that Prime Minister Howard and Heaslth Minister Abbott have announced they are taking voer from the States witha multi Billion dollar Budget....

That part is related ......to maybe getting a On Surgery Site Payment System, through WSS, for Medicare directly at the point of the General Practioner, so they can cut dosn on the Duplication of going to a Medicare office....

Lots to discuss,

Gotta fly,

Regards,

Robbo :)

robbo
06-01-2006, 11:38 AM
WSS Working Systems Solutions (WSS) -- Global Health.

Hi guys,

Finally, found: -- 'The Economist' article from last month (December 2005) which is precisly relevant and pertinent article, for WSS .....

This is what now is so exciting, new and fresh in Western Health developments, and is being implemented right now, as we speak.....

IMO, also is slots directly, "smack on"-- what Global Health are exclusively doing.

This is a fundamnetal trend for where Government and Private Sector Health dollars are being directed and spent...

..... Enjoy ......


The just released "Economist" --- Article is reprinted below.

The Economist. London: Dec 10, 2005. Vol. 377, Iss. 8456; pg. 33


Article Title: “…… Mr. Patient, the Computer will see you now……”


Full Text

Doctor/Professor Larry Weed, from the United States, has spent more than three decades &gt;&gt; devising software &lt;&lt; that matches a patient's symptoms and health history, against an exhaustive computerized data base of catalogue of computerised medical knowledge.
In 1969, Doctor L. Weed, changed the basics of health-care delivery with an innovation called the: "problem-oriented medical record"......

And in 1995, he won the Institute of Medicine's Gustav O. Lienhard Award for outstanding achievement in improving American health care.

"He is one of the giants of the last 500 years in medical thinking," says Doctor/Professor Don Detmer, a professor at the University of Virginia.

And he is no quack.

Professor Larry Weed has spent his career trying to inject a dose of computing into health care--in the face of fierce opposition
WHEN asked to summarise the significance of Larry Weed's work, Charles Safran, a professor at Harvard Medical School, recalls a story from medical history.

In the mid-19th century, the mortality rate from puerperal (or "childbed") fever at Vienna General Hospital's maternity ward was so high that many women, it is said, preferred to give birth in the street.

Then a doctor called Ignaz Semmelweis achieved a dramatic reduction in deaths by insisting that doctors wash their hands between autopsies and obstetrical examinations.

But other doctors refused to believe that their own hands transferred disease. Besides, they grumbled, hand-washing was far too time-consuming. Dr Semmelweis was widely ridiculed and eventually fired.

Today, Dr Weed is meeting similar opposition to his proposed reforms, which involve a far greater use of computers by doctors.

As in 19th-century Vienna, many doctors today cannot believe that their inability to retain today's vast medical knowledge in their heads is harming patients, as Dr Weed contends.

And they speculate that his notion of systematically using software to diagnose and care for patients could be, well, too time-consuming.

"He's introduced something you have to call disruptive," says Dr Safran, who is also chairman of the American Medical Informatics Association.

"It doesn't fit into the doctor's workflow."

But Dr Weed, who turns 82 this month, is the embodiment of indefatigability, devotion and determination.

He has spent more than three decades devising software that matches a patient's symptoms and health history against an exhaustive catalogue of computerised medical knowledge.

And he's no quack.

He earned his medical degree in 1947 from New York's Columbia University and did his residency at Johns Hopkins Hospital in Baltimore.

Professor/Dr. Weed, has taught at a string of renowned Medical Schools, including that of Yale University in New Haven, Connecticut. In 1969, he changed the basics of health-care delivery with an innovation called the "problem-oriented medical record".

And in 1995, he won the Institute of Medicine's Gustav O. Lienhard Award for outstanding achievement in improving American health care.

"He is one of the giants of the last 500 years in medical thinking," says Don Detmer, a professor at the University of Virginia.

It is not h

robbo
08-01-2006, 12:28 PM
Working Systems Solutions. (WSS)

Hi absoluteadvance, Steve, and also all WSS followers,

Thoughts on (WSS) (v.positive) --- have not budged one iota .:)

Still very positive and bullish on WSS.

Expect this next fortnight to be quite a goodie for (WSS) with things in pipeline coming through veeery nicely for WSS....

Regards,

Robbo :)

robbo
13-01-2006, 12:18 PM
Workig Systemds Solutions (WSS)

(1) -- Heard on grapevine that CEO is back from both Middle East and Asia (Malaysia, Sri Lanka) -- this mornig, andthat might hear some god things tonight/Monday pre Open??

(2) Hard also thatWSS ahvesnaffled the Top 3 Business Development Execs from Mayne Health who also had considered Symbosium....?

Started 3 months ago and 1 months ago respectively--?


Trying to confirm - pretty sure (98% ) of first one ....

(3) Heard also that another few major Contracts was sealed in December but could not be be formally be announced due to NDA (Non disclosure Agreement) -- so hopefully we though will soon enjoy to see this all of this god developments -- reflected in the Annual report figures...

(4) Personally; looking very much forward to the WSS December Numbers to come through in February ....

Kind Regards,

robbo :)
Disclaimer:
Views expressed above are unwarranted. These views ought not to be read as warranted, either expressed or implied, for their accuracy or veracity. Views expressed above, cannot be read as warranted, either expressed or implied, for their accuracy or veracity. Comments expressed here; are on a “Without Prejudice” basis only. Views are only the author’s personal, subjective whimsical thoughts, sometimes experiences, and intuitions. Obviously, as with all opinions, they are open to discussion and refutation, as well as other interpretations and review. In that light, for any investment decision, always do your own research, seek independent financial advice and independent counsel you can trust at all times. Therefore, please take these opinions and sentiments only in this context.

Regards,

Robbo.:)

Lizard
13-01-2006, 02:58 PM
Have been buying in at 15cps. Looks undervalued to me.

robbo
16-01-2006, 06:25 PM
WSS (Working Systems)

Nice upward solid moves today....

WSS was Up around 15%..... which is okay....

Regards

robbo :)

OneUp
16-01-2006, 06:40 PM
Yes, nice gain today.

Unfortunately I was one of those who had to pay up a bit to get some today. Ergh. I'm sure 6-12 months from now it will seem like a bargain. With any luck it will fall back a bit to allow for some averaging down, but I get the impression WSS is migrating north.

Thanks for the tip.

cloggs
27-01-2006, 06:14 PM
Hi Davidrob. Just ordered some WSS, mainly because the price dropped after the quarterly report, which seemed negative.Are you still positive on this stock despite the quartly report?

robbo
27-01-2006, 06:38 PM
WSS Global Health

As a looong term holder I am positive..
My only concern is the cash receivebles position out of some fo their creditors in Asia....

Not whether they got the money or whether they will get same...

Just whether they got it before books were closed for Half Year on December 31st.....

Have had this reflection coz of the Tsunami.... and note that some of thier clientele are in Sri Lanka.....

I am not a market timer...

But short term if you pressed me, I would PERSONALLY --- which is not advice, and stress this is only just a personal view-- be getting my money asap into NHE .....

I also note that Volumes were up on NHE today... wonder who was buying...? ;);)

Looong Term WSS will be a great little company.... and will reward investors imo that take that view....

Six Months to Six months is difficult to be totally accurate....

Certainly I would be very confident of WSS position frankly in the Full Financial Year, rather than in this Half Calendar due to the Asian issue I mentioned...

As a overall trend I personally feel that "E Health" is a no brainer, is here to stay, and will become bigger and bigger....

Global Health (WSS)-- are obviously positioning themselves in Asia and Australia for that....

As a last comment I note the intial trials and tribulations that IBA Health went through, and that they seem to be breaking through somewaht"--
Compare the MarketCaps between the two and you will see why I like the looong term value also in WSS, and that said, you might also notice that I avhe been a stroing supporter of IBA Health (IBA) this last 6 months... (see IBA Health thread started by Kiwi) on ASX section of this web site)--

Regards,

Robbo.:)

steve fleming
30-01-2006, 05:12 PM
absolutely shocking 2nd quarter report.....and the market justifiably reacted accordingly

momentum is certainly negative in relation to WSS now...

hopefully there will be some good news that i can sell into shortly....

cloggs
31-01-2006, 07:37 AM
Yep, I'm glad I decided to cancell my order at 15.5.

robbo
31-01-2006, 05:11 PM
WSS Working Systems

Think it will go down even a tad more absoluteadvance ;)[B)][B)]

Regards,

robbo[B)]

OneUp
31-01-2006, 05:20 PM
Let's get this straight guys.

On 28 November, not two months ago and with five months of the first half completed, WSS stated it aimed to make $2.8m this year. Now they report "flat Australian sales and slippage of overseas work". I mean, what? For their own job security, management better forecast a much improved second half. I imagine the profit figure will be somewhat better than the cashflows due to WSS' capitalisation and amoritzation policies (and perhaps a chance to sell out?). At current prices WSS does not look like a good sell.

In the bottom draw you go, WSS. [B)]

stephen
31-01-2006, 06:10 PM
Timely collection is a big problem for systems integrators and software folks like WSS. So is delivery on time. If they have contracts where they are paid on completion, rather than with progress payments, then they will be very vulnerable - they seem too small to have many clients on the go at once.

They seem to have enough cash for now though.

PS: some in my bottom drawer also :(

steve fleming
06-03-2006, 09:29 PM
quote:Originally posted by davidrob

Workig Systemds Solutions (WSS)

(4) Personally; looking very much forward to the WSS December Numbers to come through in February ....

Kind Regards,


Regards,

Robbo.:)





Ouch!! down 25% to 9 cents!!

Still looking fwd to the half yearly Robbo?

Lizard
07-03-2006, 08:17 AM
One seller of 50,000 shares who gave up waiting for a better price... hardly enough to get excited about. Seeing as sellers are still sitting at 13cps, there isn't exactly alot of chance to average down...

Not much liquidity in this stock and a big spread. No point buying or selling until the story becomes a little clearer.

steve fleming
15-03-2006, 10:18 PM
Looks like some (slight ) good news today...someone with a bit of business nous finally appointed to the WSS board...seems like a bit of a deal maker with some good IT health connections....hopefully the fact that he has taken a big hit on his investment of 5 mil shares has encouraged him to become more pro-active....

robbo
16-03-2006, 12:09 AM
WSS

Yeah saw that one Steve...;)

Personal view is tht WSS needs to get some Sales and Marketing....
Channels and Marketing Paradigm change Focus-- into their Culture and Company DNA AND real super fast...

-Would like to see them appoint a Super High Energy and Strategically brilliant Marketing/Sales Director/Executive Business Development Channel Manger -- for Sales.....

Have personally gotten the CEO onto the ophone personally..... and told him in no uncertain terms three times now..... that he will miss the Momentum, if he does not Make this Critical Step and necessary Transition.....

Also imo WSS needs a "Hero Software Application"-- Brand leader--- that gets put into say five 5 to seven (7)-- seperate Major Clients .....and gets some Critical Momentum ---

So all in all--- I would say the next 12 months are totally Critical for WSS now......

WSS either NOW..... get off their **** and make something of themselves like IBA Health (IBA) , OCL, OKN, MLB,EMI, MYO, SEN, etc -- or they Die on the Vine like the TST's, BQT's and ICE's of this world .....

It is now Up to Them ..... to pull their fingers out....

Really now hard to say, "whether they can.... Step Up To The Plate-----and ... therefore which way they will go....

..... but time for WSS excuses is NOW over.

And is now time for no Bull.Sh*&^t. [}:)][}:)] Genuine consistent and Significant and no fudging and getting the Sales Results ---

WSS --we need "Runs on the Board"-- your time is nigh...

Regards,

Robbo:)

OneUp
17-03-2006, 04:08 PM
Got out of this one a few days ago to fund BKA & DNS.

Biggest whack I've taken in a while [B)]. Good luck to those who hold.

Anyone think there is a case against the directors for misleading investors at the AGM?

steve fleming
14-05-2006, 09:13 PM
am down big time on WSS, costing me a lot of money...

i had a long chat with the company last week....expect a market update with FY06 guidance and overseas progress coming through late this week/early next....though don't expect the update to be too positive

steve fleming
18-05-2006, 09:37 PM
quote:Originally posted by steve fleming

am down big time on WSS, costing me a lot of money...

i had a long chat with the company last week....expect a market update with FY06 guidance and overseas progress coming through late this week/early next....though don't expect the update to be too positive


Ok...news came through as expected....and wow!!!! what an absolute shocker!!!.....these guys have sunk million into preparing for this contract...now its been "suspended" WSS get nothing and take a massive hit to their 05 and 06 earnings!!

not even a hint of positivity in the announcement....in fact this is a total worse case scenario....took the hit and sold the balance of my few remaining today.....can only see this going one way now....(voluntary administration???)

Robbo...saw your thoughts re BRO...hope you got out of this as well!!!

steve fleming
18-05-2006, 09:58 PM
or maybe IBA will try for a take over on the cheap???

steve fleming
19-05-2006, 08:27 PM
Bizarre days trading....up 46% - to pre announcement levels...

well bid up all day, with no forced selling, plus on the bell buying

depth looks stronger than it did pre announcement...

strange indeed...i thought the annoucement was an absolute disaster

Lizard
19-05-2006, 09:23 PM
Yes, I noticed that too. Very odd. I got out of these a while back - they were way too quiet for my liking. I'd be amazed if they turn it around.

steve fleming
09-06-2006, 09:17 PM
quote:Originally posted by steve fleming


quote:Originally posted by steve fleming

am down big time on WSS, costing me a lot of money...

i had a long chat with the company last week....expect a market update with FY06 guidance and overseas progress coming through late this week/early next....though don't expect the update to be too positive


Ok...news came through as expected....and wow!!!! what an absolute shocker!!!.....these guys have sunk million into preparing for this contract...now its been "suspended" WSS get nothing and take a massive hit to their 05 and 06 earnings!!

not even a hint of positivity in the announcement....in fact this is a total worse case scenario....took the hit and sold the balance of my few remaining today.....can only see this going one way now....(voluntary administration???)

Robbo...saw your thoughts re BRO...hope you got out of this as well!!!


THe old friday evening before a long weekend trick to hide an absolutely disgraceful profit (or loss) update...a $3 million loss compared to a previously inferred $2 -$3 mill profit

Deceased chairman Geoff Hartigan, (ex chairman of chartered accountants ) will be turning in his grave...

an absolute disgrace of a performance

steve fleming
24-10-2006, 11:39 PM
reported another big CF shortfall for 1/4....have absolutely no sympathy for this company....what they did re reporting of the Malaysian contract was an absolute disgrace

steve fleming
25-01-2007, 07:24 PM
quote:Originally posted by steve fleming

reported another big CF shortfall for 1/4....have absolutely no sympathy for this company....what they did re reporting of the Malaysian contract was an absolute disgrace


And another CF shortfall....misery continues for this company....down 70odd% from this time last year.

steve fleming
17-04-2007, 08:35 PM
quote:Originally posted by steve fleming


quote:Originally posted by steve fleming

reported another big CF shortfall for 1/4....have absolutely no sympathy for this company....what they did re reporting of the Malaysian contract was an absolute disgrace


And another CF shortfall....misery continues for this company....down 70odd% from this time last year.


Coming off its lows.

Up 32% today.

Maybe Robbo will yet be right about this one?? - ( though about 2 years later than first thought).

steve fleming
17-04-2007, 08:42 PM
http://sa.iguana2.com/cache/2c6bcac3ce43f863040527290fd8f5a2/ASX-WSS-273272.pdf

"The growth in sales has resulted in the Company
achieving a profitable quarter for the first time since June 2005.

The Company’s March quarter is
traditionally weak so this result and the continuing strength of the sales and closure rates will see the Company achieve its target of a profitable second half to June 2007"

steve fleming
12-09-2007, 09:52 PM
Coming off its lows.

Up 32% today.

Maybe Robbo will yet be right about this one?? - ( though about 2 years later than first thought).

Thorney/Pratt on board now.

Potentially big gains here once the trnaround is confirmed.

steve fleming
08-09-2009, 08:34 PM
Thorney/Pratt on board now.

Potentially big gains here once the trnaround is confirmed.

Now called Global Health Limited (GLH)

Thorney/Pratt underwrote the recent cap raising.

At 3c the Market cap = $7mil.

GLHO (XP of 1.7c, expire 31/12/10) currently trading at 0.6c which is a 0.7c discount to their implied price.

steve fleming
22-01-2010, 11:23 PM
Now called Global Health Limited (GLH)

Thorney/Pratt underwrote the recent cap raising.

At 3c the Market cap = $7mil.

GLHO (XP of 1.7c, expire 31/12/10) currently trading at 0.6c which is a 0.7c discount to their implied price.

GLH continue to be a real disappointment.

Cashflow report released today indicates another quarter of negative operations, and, despite the raising last year, another one will be required soon.

Good, respected products with good take up, but can't seem to generate the scale to generate sufficient profitability - same story as the last 4 years.

Hold GLHO

steve fleming
13-07-2013, 09:07 AM
And a few years, many capital raisings and a share consolidation later:

"03 July 2013: Global Health (ASX:GLH) today wish to advise the market that subject to audit,the Company expects to report a Net Profit After Tax (NPAT) of approximately $1 million for thefinancial year ended 30 June 2013.
This will be between $400,000 and $600,000 better than forecast at the Company’s AnnualGeneral Meeting in November 2012. It will represent earnings per share (EPS) of between 3cand 4c. "

Excellent space to be in, once they get the model/ service delivery right - is this the turnaround year?

Share price is up 350% since this news.

Still on a p/e of 4,