ITE & E (ITE) is Potential Superstar

[robbo]

ITE & E (ITE) is a Potential Superstar ,

More on this one (ITE) later today, but ITE has all the halmarks imo.

Kindest Regards,

Robbo

[robbo]

ITE.

Two quick initial Clues.

(1) Look who (which ASX listed IT medium sized Co)- has bought a Minority position, into ITE about 2 months ago?

(2) Compare this Company (ITE) with BVA -- in terms of earnings and Market Cap and scale.[]

Kindest Regards,

Robbo

[tommy]

quote:Originally posted by davidrob

ITE.

Two quick initial Clues.

(1) Look who (which ASX listed IT medium sized Co)- has bought a Minority position, into ITE about 2 months ago?

(2) Compare this Company (ITE) with BVA -- in terms of earnings and Market Cap and scale.[]

Kindest Regards,

Robbo

Hi robbo,

Oops, I thought you had opened an IRE thread but it was my mistake[:o)]

Haven't done much research on ITE yet but nonetheless worth a look since it is a tech firm (my favorite field[:I]) but which announcement are you referring to in regards to a listed company increasing its stake in ITE? Can't seem to find it?? Help me out mate!

P.S. Well done with MMS, great results! PGA was not bad either. What do you think of Iress (IRE)?

[tommy]

oops found it:

3 July 2006
UXC Limited
ABN 65 067 682 928
MARKET ANNOUNCEMENT

UXC Increases Interest in IT&e


UXC Limited has today announced that it has increased its ownership interest in ASX listed Technology Company IT&e Limited.

UXC Executive Chairman Geoff Lord commented that �gUXC has had a substantial interest in IT&e for several years. We felt that the timing was right to once again increase that investment as the quality of the specialist risk management products developed and marketed by IT&e to top-tier global financial institutions does not seem to be reflected in its enterprise value. We also believe that UXC can be of some help in improving IT&e�fs prospects, through such means as assisting to strengthen IT&e�fs balance sheet and by providing support in a number of IT service areas.�h

[robbo]

HI Tommy,

Think IRE is solid Tommy, but not -imo-- a potential Super Star, as the PEG is so so high and is therfore Fully valued and working off a rather Highish .... Market Cap Base ...vis a vis .... the Opportunity for Growth -- as a Mega Growth Stock.[?][?]

Tommy, Best thing going for IRE -- imo --- is the excellent IRE, High Return on Equity and "the Space"-- it has entrenched itself into....

However; imo,Tommy, For reasons of relative under valuedness; Prefer IWL and GBT, and to leser extent ETR -- in this same space.....

And yes, agree Tommy; that Photon was quite Good, but the real intereting question is what is the Next 6 and 12 months GOING TO BE LIKE; potentially, for PGA going Forward....

Here-in Tommy, at least, imo lies the bigger PGA opportunity ...as most of the NEW -- PGA acquisiotns will be bedded down and earnings accretive. []

Kindest Regards,

Robbo

PS ite is a potential SUPER Star, at least THIS is my assessment.

Regards,

Robbo

---------------------- ends ----------------------------------

quote:Originally posted by tommy

quote:Originally posted by davidrob

ITE.

Two quick initial Clues.

(1) Look who (which ASX listed IT medium sized Co)- has bought a Minority position, into ITE about 2 months ago?

(2) Compare this Company (ITE) with BVA -- in terms of earnings and Market Cap and scale.[]

Kindest Regards,

Robbo

Hi robbo,

Oops, I thought you had opened an IRE thread but it was my mistake[:o)]

Haven't done much research on ITE yet but nonetheless worth a look since it is a tech firm (my favorite field[:I]) but which announcement are you referring to in regards to a listed company increasing its stake in ITE? Can't seem to find it?? Help me out mate!

P.S. Well done with MMS, great results! PGA was not bad either. What do you think of Iress (IRE)?

[BSA]

Hi Robbo,

How goes it?
Do you not see the proposed expansion into US and UK as huge(and expensive) task for them?

Cheers

[robbo]

Hi ya BSA,

Many thanks for your response and interst in ITE (ite) .

BSA, Re it&e's "proposed" expansion, into the USA And United Kingdom ... ...

.... errrr ......BSA ....

... ite (ITE) already ARE there (USA and UK) --- (present tense) -- as a current FACT; -- (rather than it being just a proposed expansion ... !)...

-- And to underline that it&e are "there" now already with numerous Large Global welll known internationally Bank clients which are already secured and reported Clients.

This has already been announced to ITE Investors via ITE's recent ASX announcements !!

Not to worry BSA, I also often miss such small details !!

Also; ... Re the Cost and Expense issue; which you raise BSA.

BSA, This is really one of those; "Chicken and Egg" ... sort of questions ... !! [:I]

By "Chicken &/or Egg", ....What I mean is:

(1) Do we, as ite& e, (ITE) Investors; Want and really prefer ite& e; to go and Get & have Global Clients and Global expansion; in an; On-Line E Commerce Company (like ITE) coming from a Software/E Commerce firm operating in a globalized E Commerce world .... or do we not ??

(2a) Secondly BSA, the expense can be relatevlt; non inicidental in the larger "scheme of things" -- with all of the R& D Development already now having being completed & done in Australia...

ie it is really ONLY SALES CHANNEL Distribution (---ALTHOUGH ADMITTEDLY; SALES CHANNNEL DISTRIBUTION IS A VITAL LINK --- FOR THE CO'S SUCCESS)-- that we are discussing, and Sales Arrangements; can be done through outsourced; IT Re Sellers anyway; who get paid after it&e get paid.


(2b) Related to point (2a)above BSA; and in regards to the Expense and Capex spend required -- to which you allude BSA.... ....

BSA, it is frankly; the Research and Development and ze "bedding down" of all of the gremlins and "Game Theory Playing" -- ie: all of the multiplicty of Scenarios and Permutations and Combinations (Quality Control and Rigour Testing); and de fragging the bugs ..... which are among the more "expensive costs of doing business" -- imo BSA.

Also related to above BSA, is the cost invloved in THE actual testing; and refining the Integrity and user friendly intuitive nature of the it&e suite of IT PRODUCT's ...

Thirdly BSA; there is the costs incurred in building the it&e proprietary firewalls and Security Mechanisms, and the ability of the it&e (ITE) -- to be truly a Ready for Market Software; to properly and seamlessly execute ---( --in a totally Superior fashion--)...

... >>> -- The Intended Function Promised.....

All this also BSA needs to be effectively integrated into it&e's Client corporations existing IT architiecture; and of course to Perform the various Tasks and Functions; which the Designed it&e PRODUCT --- is intended to fulfill.

It is these sorts of Research & Develpment costs that,..... imo BSA, ..... are the real Cost/Expenses; and.... Risk of-- "sunk opportunity cost" -- for IT players like it&e... imo... BSA !! ..

Fortunately for it&e inestors, imo, these High Costs and potential Barriers are now thankfully largely behind them (ITE) regards the suite of Banking & Trasury Finance Software; that is now under consideration !!

Relative to the above issues and costs, BSA, the actual global Distributon Costs -- in the USA and UK; as per -- "side by side" ---and in comparo; with the rather highish cap ex; which is now already behind them (it&e) -- would imo be relatively inconsequential -- "in the overall scheme of things"....

Where-as conversely BSA; the Huge Upside and Scalability of Global Clients for the Health and growth of the IT&e overall Value and Growth of the it&e Balance Sheet is relatively huge... !!

Hope that helps a tad BSA !

Kindest Regards,

Robbo

----------------------------------------------------------------

[BSA]

Ha ha yes a small bit of info over looked, hey cut me some slack I am basically a TA(read slack) trader,lol. To be honest I have only had a quick glance at ITE since trading them heavily from the 2003 base break(they were talking Euro and US expansion then),...they have certainly come back to earth since then!
It certainly does appear to be basing and could well bust a move from its base area again.

Thanks for the detailed reply

Cheers

[edison]

Hi Robbo,

I had a quick look at ITand E and look at some of their competitors

- Misys PLC: http://www.misys.com/
- Wall Street Systems: http://www.wallstreetsystems.com/
- SunGard: http://www.sungard.com/

plus many more I am sure .....

They are all pretty big companies with big existing clients and have good relationships. Why would anyone overseas want to use IT and E software? Are they that much better or cheaper? Big clients want quality and good service. Also I don't really see them having first mover advantage here either.

I work in IT and I know that integration with other systems are a pain so trying to "steal" clients from competitors would be difficult. I did notice ASX and ANZ are ITandE clients which is a good start as they are big companies. but I just wonder how they are going to expand their client base overseas? I can see huge expenses in system integration, sales (eg perks and sweeteners for clients etc etc etc) .......... What makes u so confident with ITandE?

edison

[robbo]

it&e (ITE)

Focus for the moment on Basel--11-- --and Europe.


What is, imo, one of the Key: Sustainable Competitive Advantages (Global) for it&e ??[?][?]

One of them, imo, is definitely related to the European Union and the signing up—by all the European Banks, Insurers, and Financial Institutions to the Basel—11 – Accord-- Financial & Regulatory Risk Compliance Accord.

The Big Advantage and Selling Point of it&e (ITE) is ……
that they (ITE) have a Trade Marked and Proven— in their Developed especially for:-- Financial Institutions Risk Management Superior Software Suite –especially with, it&e’s Razor Software ™ -- to be able to effectively Monitor Risk and Comply with Basel –11 in this respect.


What is and does Razor actually do and is capable of:??

IT&e
Add to my projects
IT&e’s products include Razor, which enables organisations to manage their market & credit risk requirements. PTX enables online trading of over counter securities across multiple asset classes. Monarque covers Front, Middle and Back office functionality for Treasury & Capital Markets products.
Full Profile
Razor - Sharper Credit Risk Management
IT&e is a technology company with the reputation for delivering cutting edge solutions to the Financial Services Industry. IT&e is public company listed on the ASX. Our domain expertise includes equities, funds management, financial markets, general banking businesses and insurance.
IT&e offers three flagship products and service-based solutions to enable development of complex application solutions for the financial services industry.
IT&e is headquartered in Sydney and maintains state-of-the-art development centers in Australia and India and regional offices in the USA and Europe.
Benefits
Cutting edge technology.
History
Established in 1999.
Technology / Business focus
Of the three flagship products, Razor, PTX and Monarque, which it&e (ITE) to global financial institutions., let us now only look at RAZOR.
Razor is an enterprise-wide credit, market and liquidity risk management solution, and was recently awarded the Risk Management Software product of the year by Risk Magazine.
Razor provides:
Integrated Credit and Market Risk: Razor enables credit and market risk to be managed within a single application. RazorÂ’s Monte Carlo based Credit Risk module, and VAR based Market Risk module are also available separately.
Performance: We have used grid computing to enable intra-day credit risk calculations using Monte Carlo simulation.
Comprehensive Limit Management: Razor has a comprehensive limit and excess management framework.
Single Customer View: Razor supports integration of a bankÂ’s lending and trading portfolios, enabling a single customer view of exposure across the enterprise.


Remember, it&e have already been recently taken up by:


Existing client business out of our London office comes from the following organizations:

• HSBC
• KBC
• LLBW
• Post Bank
• Bear Sterns and
• Fortis Bank.

All with Basel 11 in mind.

So hre is, imo: The Big Immediate Potential Crux and nub of the Matter..... regards why it&e can be such a biggie, imo, :

Does everyone/anyone — “get it” -- [?][?] as to why, >> Basel – 11, -- is so Significant an Outward Compulsory positive Economic Regulatory Force …. for it&e to now be massively advantaged by; especially in Europe.??

So just for the present, imo—over these next 7-21 Days …f