3SOF

AWESOME GUYS!

I've had to make 20 posts on YMB in the last 24 hours to keep ahead of that damn basher.  Thanks to Pinoleropuro for also posting a lot, too. 

But today is the last day before earnings, so if we can get some more help to at least reply to positive topics and get them back to the top of the list above the basher posts, that will be great.  CIMT is one of the big hopes to help the Main portfolio get back in shape, and we know that we can help the stock price with posts, so if you have a moment, please pitch in!

Coming to the rescue!!! 

right behind u

Holding with strong hands. 

My applauds to the cavalry, thanks! 

CIMT is the easiest update to write today, since the stock rose 6% and was the sole bright spot of the Main Portfolio.

Earnings will be out tomorrow after the close. My expectations aren't all that great for this quarter (but I'm confident for the following two quarters), but who knows, anything can happen with CIMT.

I'll continue holding CIMT for the long term.

Today is the day ... 

I must say I don't like to hold through earnings but I'm going to make an exception on CIMT, have a positive feeling about it, let's hope I'm right ... 

The basher on YMB has taken to rating his negative posts as 5 stars and rating down our highly rated posts.  so for those still in the battle, remember to rate posts high and rate down his posts that have red stars.  I just brought a bunch of the high star posts to the top now, including a great one from David way back in May 

News for 'CIMT' - (*DJ Cimatron Reports 9% Rev Growth Over Q2 2006 And $0.04 EPS In Q2 2007)

  (MORE TO FOLLOW) Dow Jones Newswires

  August 07, 2007 16:05 ET (20:05 GMT)

  Copyright (c) 2007 Dow Jones & Company, Inc.- - 04 05 PM EDT 08-07-07


News for 'CIMT' - (*DJ Cimatron 2Q EPS 4c Vs EPS $0.00 >CIMT)

  (MORE TO FOLLOW) Dow Jones Newswires

  August 07, 2007 16:05 ET (20:05 GMT)

  Copyright (c) 2007 Dow Jones & Company, Inc.- - 04 05 PM EDT 08-07-07


News for 'CIMT' - (*DJ Cimatron 2Q Rev $5.51M Vs $5.04M, +9.3% >CIMT)

  (MORE TO FOLLOW) Dow Jones Newswires

  August 07, 2007 16:05 ET (20:05 GMT)

  Copyright (c) 2007 Dow Jones & Company, Inc.- - 04 05 PM EDT 08-07-07

News for 'CIMT' - (Cimatron Reports 9% Revenue Growth Over Q2 2006 and $0.04 EPS in Q2 2007 150% Operating Income Growth Over Q1 2007 16% Growth in Software License Revenues Over Q2 2006)


GIVAT SHMUEL, Israel, August 7, 2007 /PRNewswire-FirstCall via COMTEX/ --
Cimatron Limited (NASDAQ: CIMT), a leading provider of integrated CAD/CAM
solutions for the toolmaking and manufacturing industries, today announced
financial results for the second quarter of 2007.

Cimatron's business and financial results continue to improve compared to the
first quarter of 2007, as well as compared to the second quarter of 2006.
Revenue and profit growth are mostly due to positive acceptance of
recently-launched products. The increase in operating profit in the second
quarter of 2007 consists of more than 80% of the revenue growth in this quarter.

Financial Highlights:

Revenues for the second quarter of 2007 increased by 9.3% to $5.51 million
compared to $5.04 million in the second quarter of 2006. Software license
revenues in the second quarter of 2007 increased by 16.4% compared to the same
quarter in 2006. For the first 6 months of 2007, revenue increased by 4.1% to
$10.84 million, compared to $10.42 million in the same period of 2006. Software
license revenues in the first half of 2007 increased by 8.7% compared to the
same period in 2006.

Gross Profit for the second quarter of 2007 was $4.7 million as compared to $4.1
million in the same period in 2006, a 14.6% increase. Gross margin in the second
quarter was 85% of revenues, compared to 81% of revenues in Q2 2006. In the
first 6 months of 2007, gross profit increased 7.3% to $9.2 million, compared to
$8.5 million in the first 6 months of 2006. Gross margin for the 6 months ended
on June 30th, 2007 was 85% of revenues as compared to 82% of revenues in the
same period of 2006.

Operating Profit in the second quarter of 2007 was $282 thousand, compared to an
operating loss of $(145) thousand in the second quarter of 2006. In the first 6
months of 2007, Cimatron reports an operating profit increase to $395 thousand,
compared to an operating profit of $86 thousand in the first 6 months of 2006.

Net Profit for the second quarter of 2007 was $291 thousand, or $0.04 per
diluted share, compared to a net profit of $18 thousand, or $0.00 per diluted
share recorded in the same quarter of 2006. In the first 6 months of 2007, net
profit increased by 98.3% to $472 thousand, or $0.06 per diluted share, compared
to a net profit of $238 thousand, or $0.03 per diluted share, in the first 6
months of 2006.

Commenting on the results, Danny Haran, President and Chief Executive Officer of
Cimatron, said, "We are very pleased with the consecutive improvement in our
financial and business results, being the result of implementation of our
strategic plan. Cimatron's turnaround is based on broader product offering,
geographical re-focusing and more efficient operations, all of which led to
improved profitability."

Mr. Rimon Ben-Shaoul, Chairman of the Board of Directors of Cimatron said, "We
believe that Cimatron is now well positioned to further increase its market
share and accordingly its revenues in order to become a larger player in the
industry. Following the exercise of the option to increase its holding in
Microsystem to 51%, Cimatron continues to consider M&A opportunities, as part of
its general growth strategy to further increase its offering and global
presence."

Conference Call Information:

Cimatron's management will host a conference call with the investment community
to discuss and review the results, on August 8th, 2007:



    The conference call will start at 9:00 EST (16:00 Israel time)

    To listen to the conference call, please dial:



    From the US: 1-888-668-9141

    From Israel: 03-9180688

    International: +972-3-9180688





For those unable to listen to the live call, a replay of the call will be
available from the day after the call under the investor relations section of
Cimatron's website, at: www.cimatron.com

About Cimatron

With more than 20,000 installations worldwide, Cimatron is a leading provider of
integrated, CAD/CAM solutions for mold, tool and die makers as well as
manufacturers of discrete parts. Cimatron is committed to providing
comprehensive, cost-effective solutions that streamline manufacturing cycles,
enable collaboration with outside vendors, and ultimately shorten product
delivery time. Cimatron's cutting-edge CAD/CAM solutions are widely used in the
automotive, medical, consumer plastics, electronics, and other industries.

Founded in 1982, Cimatron is publicly traded on the NASDAQ exchange under the
symbol CIMT. Cimatron's subsidiaries and extensive distributor network are
located in over 35 countries to serve customers worldwide with complete pre- and
post-sales support. For more information, please visit http://www.cimatron.com.

Safe Harbor Statement

This press release includes forward looking statements, within the meaning of
the Private Securities Litigation Reform Act Of 1995, which are subject to risk
and uncertainties that could cause actual results to differ materially from
those anticipated. Such statements may relate to the company's plans, objectives
and expected financial and operating results. The words "may," "could," "would,"
"will," "believe," "anticipate," "estimate," "expect," "intend," "plan," and
similar expressions or variations thereof are intended to identify
forward-looking statements. Investors are cautioned that any such
forward-looking statements are not guarantees of the future performance and
involve risks and uncertainties, many of which are beyond the company's ability
to control. The risks and uncertainties that may affect forward looking
statements include, but are not limited to: currency fluctuations, global
economic and political conditions, marketing demand for Cimatron products and
services, long sales cycle, new product development, assimilating future
acquisitions, maintaining relationships with customers and partners, and
increased competition. For more details about the risks and uncertainties of the
business, refer to the Company's filings with the Securities and Exchanges
Commission. The company cannot assess the impact of or the extent to which any
single factor or risk, or combination of them, may cause. Cimatron undertakes no
obligation to publicly update or revise any forward looking statements, whether
as a result of new information, future events or otherwise.





                                        Cimatron Limited

                                 Consolidated Statements of Income

                         (US Dollars in thousands, except for per share data)



                                       Three months ended    Six months ended

                                           June 30,             June 30,

                                       2007       2006     2007          2006



    Total revenue                     5,511      5,044   10,844        10,418



    Total cost of revenue               806        937    1,677         1,871



    Gross profit                      4,705      4,107    9,167         8,547



    Research and development

     expenses, net                    1,011      1,110    2,107         2,183



    Selling, general and

     administrative expenses          3,412      3,142    6,665         6,278

    Operating income                    282       (145)     395            86



    Net income                        $ 291       $ 18    $ 472         $ 238

    Net income per share - basic and

    diluated                         $ 0.04     $ 0.00   $ 0.06        $ 0.03



    Weighted average number of

     shares outstanding



    Basic EPS (in thousands)          7,868      7,835    7,852         7,835



    Diluted EPS (in thousands)        7,967      7,835    7,871         7,835







                                          Cimatron Limited

                                     Consolidated Balance Sheets

                                      (US Dollars in thousands)

                                                  June 30,     December 31,

                                                   2007           2006

    ASSETS

    CURRENT ASSETS:

    Total cash, cash equivalents and

    short-terms investments                      $ 8,205        $ 5,597

    Other current assets                           5,813          5,828

    Total current assets                          14,018         11,425

    Deposits with insurance companies and

    severance pay fund                             2,532          2,653



    LONG-TERM INVESTMENTS:

    Marketable investments                         1,033          1,287

    Investments in affiliated companies              683            748

    Total long-term investments                    1,716          2,035



    Net property and equipment                       922          1,010



    Total other assets                               764            784



    Total assets                                $ 19,952       $ 17,907



    LIABILITIES AND SHAREHOLDERS' EQUITY

    CURRENT LIABILITIES:



    Total current liabilities                    $ 7,823        $ 6,083



    Accrued severance pay                          2,762          3,003



    Minority interest                                (13)           (24)



    Total shareholders' equity                     9,380          8,845

    Total liabilities and shareholders' equity  $ 19,952       $ 17,907







    Contact:

    Ilan Erez, Chief Financial Officer

    Cimatron Ltd.

    Tel. +972-3-531-2121

    E-mail: [email protected]



    Yael Nevat,

    Commitment-IR.com

    Tel: +972-9-741-8866, +972-50-762-6215

    E-mail: [email protected]







SOURCE Cimatron Ltd



CONTACT:          Contact: Ilan Erez, Chief Financial Officer, Cimatron Ltd., Tel. +972-3-531-2121,

                  E-mail: [email protected]. Yael Nevat, Commitment-IR.com, Tel: +972-9-741-8866,

                  +972-50-762-6215, E-mail: [email protected]



URL:              http://www.prnewswire.com

www.prnewswire.com


Copyright (C) 2007 PR Newswire. All rights reserved

I hope the market likes these numbers.

Looks like a moderate growth. They need a deeper market penetration with the new software releases. David, can you please plug in the new numbers into the model and, adding additional conservatism, get a fair valuation, please?

Quote from: soxguy on August 07, 2007, 04:16:08 PM
I hope the market likes these numbers.

I see no reason why not?!!
Solid numbers with no negative strings attached!

Quote from: berloga on August 07, 2007, 04:27:51 PM
Looks like a moderate growth. They need a deeper market penetration with the new software releases. David, can you please plug in the new numbers into the model and, adding additional conservatism, get a fair valuation, please?

Hi berloga

CIMT's results were solid, better than I expected, considering the weak seasonality of the second quarter:

• Cimatron Reports 9% Revenue Growth Over Q2 2006 and $0.04 EPS in Q2 2007
PR Newswire (Tue 4:05pm)

They could have made the "net income jumps 16 fold" press release , since net income rose from $18 K in Q2 2006 to $291 K in Q2 2007.

But they opted not to, and I think it's better this way.

Now, the 3rd quarter will probably be super-strong, because of the Microsystem consolidation. And the 4th quarter is seasonally the strongest, with CIMT firing on all cylinders then, with the Cimatron version 8.0 fully in place and Microsystem contributing to revenue and net income.

The company also made strong statements about future acquisitions, which is a way to achieve faster growth, using existing cash in the balance sheet.

Considering berloga's request, I'm not ready to change anything to my valuation model for CIMT at this point, because I think my 20% revenue CAGR estimate and 15% net profit margin estimate are still reasonable and will be achieved.

I'll continue holding CIMT for the long term.