Member Info for Aphrodite

Continuing little recovery

http://www.proactiveinvestors.co.uk/companies/news/185635/telit-rises-on-reports-private-equity-buyers-are-running-the-rule-over-it-185635.html

They're additionally launching a Business Intelligence product - to collect and analyse data to assist in business decision making (useful both in the core activity and non housing ventures run by many associations ) Full day for them - group exercises and that old team building malarkey in the afternoon.

Another 2 new products on the way, both to be featured at Castleton Conference. Castleton Compliance: to manage all aspects of compliance, web based, available in cloud. ‪Castleton Digital - an easy to use, flexible app & web portal builder, can process data from any system.‬

Unveiling AI development at Castleton conference providing new integration between solutions & AI devices.

UI/UX consultant starting November to enhance consistency across the solutions, and future proof them in line with technical advances, making the interface, the layout, the content, and any interactive elements of the products more attractive and easier for the end user. Part of an overall strategy of further investment in new technology and development.

Like you, but more so, I'm in Castleton. Positive vibes coming out of there today.

Successful delivery of Castleton integrated solution & delivering hosted solutions are key highlights for H1 from thesoftware division. Professional Services Director reports positively on project management/implementation performance. 3 HA�s now live with Service Charge software, with 2 more sites due to go live in next few weeks & 2 new ones onboard‪.‬ All will no doubt feature in interims.

Currently underway at HQ. Mr. Dickinson addressing staff with management. Reviewing 6 month performance. Reporting big uptake in Agile Repairs solution. New staff. CEO now focusing on driving sales/company forward following integration.

Or perhaps all down to that delayed 2.5mil.

Creeping up on relatively little over past couple of days.

http://tonysmiththathousingitguy.blogspot.co.uk/2016/09/the-heist.html

Tony Smith ACIH Retweeted Tony Smith ACIH ‪@HousingITguy‬ � 9 Oct ‪#ukhousing‬ Cyber security specialist swallowed up (link: http://tonysmiththathousingitguy.blogspot.co.uk/2016/09/the-heist.html) �ysmiththathousingitguy.blogspot.co.uk/2016/09/the-he� ‪#socialhousing‬

Very succinct. I was also additionally trying to summarise the operational background here. Been a long time getting to this ongoing ( repeat revenue )profitable stage.

One last thought for today. Mr. Smith and Ms. Sanghera leaving saves almost �300k a year on the wages bill, though Mr. Gibson getting �30k as a non exec. Mr. Dickinson on �65k and the rest in share options subject to performance criteria - most requiring 12% pa compounded increase in price over the three year period.

Castleton Technology ‪@CastletonTech‬ ‪We will be sharing our future strategy & latest product developments at our Customer Conference ‬ ‪(link: http://bit.ly/2pngyr8) ‬ ‪bit.ly/2pngyr8 #CastletonCC17‬ ‪An excellent opportunity to sell additional solutions into existing customers, which is what this buy and build has always been about, and Castleton now moving forward with acquisitions integrated along with technical full integration of the various products, historically a bone of contention with their suppliers.‬ From finals RNS "The increase in revenues was driven by the addition of new customers and through cross-selling of products and / or services into the Group's existing base. Castleton now supports over 750 customers and during the year the number of those who have two or more of our products increased to 35%. Not only does this show traction in our intention to cross-sell and our customers' confidence in our product suite, but also means that 65% of our customer base still uses just one product, providing a very strong opportunity for further organic growth."

Well, low 50s actually then up and back to here.

reiterates at 90p. Mind you, they been saying that since Christmas and 60p. Price not moving despite company progress. But we have been persistently sold down from 74p ish to here.

UKHotViews� Monday 09 October 2017 Castleton Technology delivers growth again Castleton logoThe good performance Castleton Technology put in during FY17 (to end March � see Castleton revenue up 12%) looks like it has continued into the current financial year. The provider of software and managed services to the public and not-for-profit sectors has released a trading update stating that revenue and profitability in H1 were up 10%. Moreover, strong operating cash generation has had a positive impact on net debt: down from �9.4m at the end of March to �7.9m at the end of September. Social housing remains a core market for Castleton. Acquisitions over the last couple of years, and the integration of its resultant product suite, appear to be having a positive effect. In September, the company announced two clients had taken its integrated product suite and Castleton would run them over a ten-year period. The first, Co-operative Housing Ireland Society (CHI) is taking multi-product software via a solution hosted by Castleton Managed Services. The second, Cluid Housing, is the first customer to acquire the complete suite of software products. It appears that there is good potential for cross-selling in a market which is ripe for modernisation. Other players � like Civica, Northgate Public Services, and Little British Battler, Valueworks � have all benefited from activity in the sector via various offerings. Elsewhere, 365 Agile appeared to take the wrong approach (see 365 Agile grinds to a halt) when it tried an �Internet of Things� play. So far, Castleton appears to be delivering what the market wants. Posted by Georgina O'Toole at '09:50' - Tagged: public+sector localgovernment trading saas software managedservices

‪‪mbnews‬ ‪@CastletonTech‬ sees organic growth accelerate in H1 ‬ ‪‪(link: http://bit.ly/2xrlsaP) ‬‬ ‪‪bit.ly/2xrlsaP‬‬