HokieHead
5 años hace
Looking to add, nice news today. Total debt (was) $120m, revenues ~$90m. Will be pretty much debt free, $115m market cap, 15m OS, 11m float traded today, nice SS. 52 highs + coming imo.
Shares of Asure Software Inc. (ASUR) rose more than 20% in early trading Tuesday after the company said it agreed to sell its workspace-management business for $120 million in cash.
The Austin, Texas, software company said it plans to use the proceeds to repay most of its debt, and said it will focus on its human capital management solutions.
Asure is selling the business to FM:Systems, a privately held company backed by private-equity firm Accel-KKR.
“This transaction bolsters Asure’s capital structure as we plan to pay down the majority of our debt. It also increases our mix of recurring revenue to over 90%. While we plan to focus on organic growth with the help of upsell and cross-sell initiatives, we will also be in a strong position to pursue accretive acquisitions. Furthermore, the transaction will be attractive from a tax perspective for our shareholders,” concluded Goepel.
Kurupt
15 años hace
NOTICE OF ANNUAL MEETING OF STOCKHOLDERS
TO BE HELD DECEMBER 17, 2009
Dear Stockholder:
You are cordially invited to attend the annual meeting of stockholders for fiscal 2009 (the "Annual Meeting") of Forgent Networks, Inc. d/b/a Asure Software (NASDAQ: ASUR), a Delaware corporation (the "Company"), to be held at 108 Wild Basin Road, Austin, Texas 78746, on Thursday, December 17, 2009 at 9:30 a.m. local time.
At the Annual Meeting, you will be asked to act on the following matters:
1. To elect five directors to the board of directors to hold office until the next annual meeting of stockholders or until their respective successors are duly elected and qualified;
2. To ratify the Audit Committee's appointment of [___________], independent registered public accountants, as our independent auditors for the year ending July 31, 2010;
3. To approve an amendment to the Company’s Restated Certificate of Incorporation to change of the Company’s name from Forgent Networks, Inc. to Asure Software, Inc.;
4. To approve an amendment to the Company’s Restated Certificate of Incorporation to effect a 1 for 10 reverse stock split;
5. To approve the Company’s rights plan adopted on October 28, 2009 (the “Amended and Restated Rights Agreement”);
6. To approve the Company’s 2009 Equity Incentive Plan; and
7. To transact such other business as may properly come before the Annual Meeting or any adjournment thereof.
Kurupt
15 años hace
ASUR Announces Total Passenger Traffic for October 2009 Down 7.2% Year over Year
Nov 6, 2009 9:20:00 AM
Email Story Discuss on ZenoBank
View Additional Profiles
MEXICO CITY, Nov. 6 /PRNewswire-FirstCall/ -- Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR) (ASUR), today announced that total passenger traffic for October 2009 decreased by 7.2% when compared to October 2008.
All figures in this announcement reflect comparisons between October 1 through October 31, 2008 and 2009. Transit and general aviation passengers are excluded.
Domestic
--------
Airport October October % Change
2008 2009
Cancun 218,416 219,629 0.6
Cozumel 3,969 2,636 (33.6)
Huatulco 20,247 21,743 7.4
Merida 88,008 82,839 (5.9)
Minatitlan 13,000 13,101 0.8
Oaxaca 52,144 37,864 (27.4)
Tapachula 17,492 12,211 (30.2)
Veracruz 78,394 71,398 (8.9)
Villahermosa 67,416 61,435 (8.9)
------------ ------ ------ ----
Total Domestic 559,086 522,856 (6.5)
-------------- ------- ------- ----
International
-------------
Airport October October % Change
2008 2009
Cancun 493,392 446,135 (9.6)
Cozumel 16,202 18,176 12.2
Huatulco 883 991 12.2
Merida 5,436 5,766 6.1
Minatitlan 294 414 40.8
Oaxaca 2,612 3,454 32.2
Tapachula 276 336 21.7
Veracruz 4,775 5,530 15.8
Villahermosa 3,420 3,983 16.5
------------ ----- ----- ----
Total International 527,290 484,785 (8.1)
------------------- ------- ------- ----
Total
-----
Airport October October % Change
2008 2009
Cancun 711,808 665,764 (6.5)
Cozumel 20,171 20,812 3.2
Huatulco 21,130 22,734 7.6
Merida 93,444 88,605 (5.2)
Minatitlan 13,294 13,515 1.7
Oaxaca 54,756 41,318 (24.5)
Tapachula 17,768 12,547 (29.4)
Veracruz 83,169 76,928 (7.5)
Villahermosa 70,836 65,418 (7.6)
------------ ------ ------ ----
ASUR Total 1,086,376 1,007,641 (7.2)
---------- --------- --------- ----
About ASUR:
Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR) is a Mexican airport operator with concessions to operate, maintain and develop the airports of Cancun, Merida, Cozumel, Villahermosa, Oaxaca, Veracruz, Huatulco, Tapachula and Minatitlan in the southeast of Mexico. The Company is listed both on the Mexican Bolsa, where it trades under the symbol ASUR, and on the NYSE in the U.S., where it trades under the symbol ASR. One ADS represents ten (10) series B shares.
SOURCE Grupo Aeroportuario del Sureste, S.A.B. de C.V.
TechKim
17 años hace
Even though I sold ASUR. I am still following it. Today it received a notice of non compliance
Asure Software Receives Notice From the Nasdaq Stock Market Regarding Non-Compliance With the Minimum Bid Price Rule
Friday February 8, 5:02 pm ET
AUSTIN, TX--(MARKET WIRE)--Feb 8, 2008 -- Asure Software (NasdaqGM:ASUR - News) announced today that on February 4, 2008, the Company received a Nasdaq Staff Deficiency Letter indicating that its common stock is subject to potential delisting from The Nasdaq National Market. The Deficiency Letter was issued due to the bid price of the Company's common stock closing below the minimum $1.00 per share requirement for a period of 30 consecutive business days, and therefore the Company did not meet the requirement set forth in Nasdaq Marketplace Rule 4450(a)(5). The notice further provides that in accordance with Nasdaq Marketplace Rule 4450(e)(2), the Company will be provided 180 calendar days, or until August 4, 2008, to regain compliance. If the Company cannot demonstrate compliance with Rule 4450(a)(5) by August 4, 2008, the Nasdaq Staff will provide written notification that the Company's securities will be delisted. At that time, the Company may appeal the Nasdaq Staff's determination to delist its securities to a Listing Qualifications Panel.
============================================================
Posted by: TechKim
In reply to: None Date:2/2/2008 11:21:04 PM
Post #of 153507
ASUR -- Financial analysis of the company
Posted by: ADWIN
In reply to: TechKim who wrote msg# 9 Date:2/2/2008 7:05:17 PM
Post #of 10
Financial analysis of the company.
Compare the ratios (check the price to book ratio as an example). Compared with similar companies it is evident that Asure has tremendous potential.
The stock price took a hit with the latest market downturn. It wont be long before this company is "discovered" again soon.
Daily
Latest Close $0.69
Latest High $0.70
Latest Low $0.65
Current Market Cap $21,345,293
Net Income From
Total Operations ($918,000)
Continuing Operations ($918,000)
Discontinued Operations $0
Earnings ($918,000)
Operating Revenue $1,875,000
Basic Earnings Per Share
Total Operations ($0.03)
Continuing Operations ($0.03)
Discontinued Operations $0.00
Diluted Earnings Per Share
Total Operations ($0.03)
Continuing Operations ($0.03)
Discontinued Operations $0.00
Most Recent Fiscal Year
Closing Price / Earnings Ratio 1.8
High Price / Earnings Ratio 4.3
Low Price / Earnings Ratio 0.7
Price / Book Ratio (Equity) 0.95
Price / Cash Flow Ratio 1.8
Debt to Equity Ratio 0.05
Current Ratio 2.7
Gross Profit Margin 52.60%
Pre-Tax Profit Margin 30.50%
Net Profit Margin 30.30%
Return on Stock Equity 54.10%
Leverage Ratio 1.60%
Asset Turnover 1.50%
PS: This company is also featuring on some well known penny stock newsletters. - Good Luck!
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26497957
Posted by: TechKim
In reply to: None Date:2/1/2008 12:52:38 AM
Post #of 10
ASUR has a new institution since 12/31/07
This is actually great news
UNIONBANCAL CORP , 197,200 shares, 12/31/07
----------------------------------------------------
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM, also owns 150,400 shares, 12/31/07
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26455160
Posted by: TechKim
In reply to: None Date:1/31/2008 11:19:45 PM
Post #of 10
ASUR appears to be basing at the $0.68 level! Intently watching. It is at a 30% discount overall to the recent insider purchases of $0.89/$0.80,
Posted by: TechKim
In reply to: None Date:1/24/2008 12:44:33 AM
Post #of 152941
New trend in business asset monitoring from Forgent Networks
NEW - This is the trend - RFID & assets. How many times have you heard of misplaced or stolen laptops/information?
http://www.netsimplicity.com/vam/rfid_A.asp
FORGENT NETWORKS (NasdaqGM:ASUR)
PETERSON, JAY -- The VP Finance and CFO purchased 30,000 shares at .89, 12/27/07 . Total shares 55,923 (Includes 375, 376, and 376 shares acquired under the Forgent Networks, Inc. Employee Stock Purchase Plan on 3/31/07, 6/30/07, and 9/30/07, respectively)
AGNICH RICHARD J -- Director purchased 50,000 on 12/31/07 at $.80, Total shares 62,772.
DIMENSIONAL FUND ADVISORS LP holds 1,365,866 shares. 5.37% sec filed registration in 2006. Sold 38,000 shares . Now hold 4.3%
15 Institutions of ownership
Market Cap 21.80M
P/E 2.17
52wk Range: $0.65 - $1.67
Last trade on 1/23/08, $0.70
Support : $0.65
It is in a very stiff downtrend at the moment. Even though it has a EPS of $0.325
gross margins are expected to improve over the next quarter.
Forgent Networks one-year net profit margin: 25.9%
Forgent Networks debt/equity ratio: 0.00
watch list stock.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26454006
TechKim
17 años hace
ASUR appears to be basing at the $0.68 level! Intently watching. It is at a 30% discount overall to the recent insider purchases of $0.89/$0.80,
Posted by: TechKim
In reply to: None Date:1/24/2008 12:44:33 AM
Post #of 152941
New trend in business asset monitoring from Forgent Networks
NEW - This is the trend - RFID & assets. How many times have you heard of misplaced or stolen laptops/information?
http://www.netsimplicity.com/vam/rfid_A.asp
FORGENT NETWORKS (NasdaqGM:ASUR)
PETERSON, JAY -- The VP Finance and CFO purchased 30,000 shares at .89, 12/27/07 . Total shares 55,923 (Includes 375, 376, and 376 shares acquired under the Forgent Networks, Inc. Employee Stock Purchase Plan on 3/31/07, 6/30/07, and 9/30/07, respectively)
AGNICH RICHARD J -- Director purchased 50,000 on 12/31/07 at $.80, Total shares 62,772.
DIMENSIONAL FUND ADVISORS LP holds 1,365,866 shares. 5.37% sec filed registration in 2006. Sold 38,000 shares . Now hold 4.3%
15 Institutions of ownership
Market Cap 21.80M
P/E 2.17
52wk Range: $0.65 - $1.67
Last trade on 1/23/08, $0.70
Support : $0.65
It is in a very stiff downtrend at the moment. Even though it has a EPS of $0.325
gross margins are expected to improve over the next quarter.
Forgent Networks one-year net profit margin: 25.9%
Forgent Networks debt/equity ratio: 0.00
watch list stock.