CKSW

[sha9999]

I'm estimating that Q4 will come in around 9.3 mil; Gross Profit of 5.7 mil; Operating Income of $.94 mil and Net Income of $1.05 Mil (add back interest income from their invested cash and assume NOLs result in no taxes). This results in EPS of $.04. Net would have to be up another $200K to push EPS to $.05.

More interesting is '07. I think the company will guide toward $40 mil (23% growth); however, I think they will actually achieve $42.25 - $45 mil (31% - 39% growth). If I'm right, EPS will be in the range of $.16 - $.20.

The implication on valuation is...big. I believe the appropriate multiple for a stock achieving this growth and enjoying this dominant a market position would be in the 30X - 40Xrange which, applied to the EPS of $.20, the stock would trade in the range of $6.00 - $8.00. Based on revenue multiples, it ought to trade in the 3.0X to 3.5X sales range, imputing a stock price range of $4.50 to $5.50. This is, of course, once there is some visibility on these numbers. I think we'll see the stock over $6 in the 2nd half of next year, assuming the general stock market remains relatively intact.

It's tough to initiate coverage on a $100 mil mkt cap company; just not enough retail interest to justify. So, my guess is it will gain coverage as the stock price gets closer to $5 (closer to $150 mil mkt cap) which will not only attract greater interest due to mkt cap size but the price movement and emergence of the story will compel coverage

[bocasva]

If you can't beat them, join them. Shorted CKSW today at the open, looking to cover around the 50ema.

[bocasva]

Just killed 2 birds with one shot. Covered as planned for a nice 16% profit.......and also now going long.
Not bad for an otherwise ugly day.

[sha9999]

03.01.07 next week
rod show of the management at CIBC
for institutional.

one bad fact :
last week an institutional sold and the stock price
tank to 2.99$.

at the beginning of february - the reports
they said at Q3 that they will bring around 9 million
according to the last contracts
they will bring 9.5 million and instead of 32 we will see 33
for next year they will bring 20% growth.
this is very very good
33 million X 20% = 40 million for 2007.
february- the stock will be around 4$-4.2$

More then this, i heard a rumor about a new large large contract,
multy million dollar contract
8-12 million dollar for 2-3 years.
(time will say..it's just a rumor..)

this is a very low price, in 2 months we will see another 1 $ over the stock price today.

[njshiva]

I took a position when it was covered in IDB top 10. out at 3.2
Short term chart doesnt look good . 

[sha9999]

Chart loooks good my friends and 
they are ready to go to 4$ with good reports.
before or during the reports.
lets say that they will touch the million $ profit and we will see a strong stock.
this time i see that we will have a rally before the reports and not as we saw during the last qrt.

btw: reports probebly 7 february 2007
they love to play on wednesday

[sha9999]

bought the second half again.
when the 3.63$ will come we will see buyers
and a move to 4.2$-4$ area.
bought again at 3.34 average.

[la-onda]

wow 

ClickSoftware Reports Record Revenues, Net Income for the 4th Quarter and Year Ended December 31, 2006
Wednesday February 7, 3:00 am ET
Provides Revenue Outlook for 2007

BURLINGTON, Massachusetts, February 7 /PRNewswire-FirstCall/ -- ClickSoftware Technologies, Ltd., (NasdaqCM: CKSW), the leading provider of mobile workforce management and service optimization solutions, today announced results for the fourth quarter and year ended December 31, 2006.

For the fourth quarter ended December 31, 2006, total revenues reached a record $9.3 million, with record net income of $1.1 million, or $0.04 per share. This compares with revenues of $5.9 million and a net loss of $740,000, or a loss of $0.03 per share, for the same period last year, and revenues of $8.7 million and net income of $797,000, or $0.03 per share, for the third quarter of 2006. Excluding the effects of share-based compensation expenses related to the adoption of SFAS-123R, net income was $1.2 million, or $0.04 per share.

Software license revenues for the fourth quarter of 2006 were $3.4 million, while service and maintenance revenues were $5.9 million. This compares to software license revenues of $1.7 million and service and maintenance revenues of $4.2 million for the same period last year, and $3.2 million and $5.5 million, respectively, in the third quarter of 2006.

Gross profit in the fourth quarter of 2006 was $5.9 million, or 63% of revenues, compared to $3.2 million, or 55% of revenues, in the same period last year, and $5.1 million, or 59% of revenues, in the third quarter of 2006.

Cash, cash equivalents and short and long-term investments increased significantly to $19.8 million, up $3.4 million from $16.4 million at the end of the third quarter. Net cash provided from operating activities was $3.2 million during the fourth quarter of 2006.

Full Year Results

Total revenues for 2006 grew 35% over 2005 to $32.4 million with consolidated net income of $2.1 million, or $0.08 per share. This compares with revenues of $24.1 million and net loss of $2.0 million, or a loss of $0.07 per share, for 2005. Excluding the effects of share-based compensation expenses related to the adoption of SFAS-123R, net income at 2006 was $2.7 million, or $0.09 per share.

Management Commentary

"2006 was a remarkable year for ClickSoftware. We have substantially improved our business performance, further bolstered our market leadership by signing new major agreements with blue chip customers from a variety of industry verticals, and increased our traction with new and existing partners," said Dr. Moshe BenBassat, Chairman and Chief Executive Officer. "I am thankful for our dedicated employees and management who have all contributed immensely to our great achievements in 2006. We are very excited about the success we experienced in 2006, and looking forward to continued growth in 2007. For 2007 and beyond, our strategy includes furthering the momentum gained in 2006, expanding into new territories and new verticals, and widening the footprint of product offerings," he added.

Outlook

The company currently believes that revenue in 2007 will grow by approximately 20% over 2006, reaching approximately $39 million. This is based on the current levels of deferred revenue, current backlog of firm commitments, and current visibility into a growing sales pipeline.

[nullzero]

CKSW is doing nicely today up over 2% looks like it has more to run.

[la-onda]

nice CKSW article 
Why I am Selling Palm and Buying ClickSoftware
Thursday April 19, 7:05 am ET

Shlomi Cohen submits: This week I am removing Palm Inc. (NasdaqGS: PALM) from my portfolio. I don't want to hold on to Palm, now that Apple Inc. (NasdaqGS: AAPL) is set to launch the iPhone, its new touch-screen mobile phone.

There is no point in holding on to Palm, seeing that its potential buyers appear themselves to have cooled and to be holding off a decision pending the "iPhone effect" after June. What's more, even if there is an acquisition in the pipeline, the price will not be much higher than the current market price.

In place of Palm, I am adding a small Israeli software company, Givat Shmuel-based ClickSoftware Technologies Ltd. (NasdaqCM: CKSW), which specializes in software solutions for mobile workforce management and service. I have had my eye on this company, which was founded by company chairman and CEO Dr. Moshe Ben Bassat, for some time, and I decided to add it to my portfolio after it announced last week that it would be publishing its report for the first quarter of 2007 on May 2, a commonly accepted sign that no warnings are in the offing. In times like these, when small stocks disintegrate following profit warnings, I prefer to pay more for a stock, rather than find myself facing a nasty surprise in the form of an unexpected warning.

ClickSoftware currently has a market cap of $100 million, and it is expected to have sales of $40 million for 2006, compared with $32.4 million for 2005, and a profit (before options) of $2.7 million. The company currently has more than $20 million in cash. Over recent quarters it has managed to grow in the most important item of all for software companies - license sales. ClickSoftware sells to large customers in various sectors, and in 2006 it significantly increased it sales in the U.S., most notably to utility providers, such as electricity companies that have many service personnel out in the field.

Last week's 16% gain for ClickSoftware was due, I feel, to three factors. The first of these was the announcement of a large customer from the document management sector, probably Xerox Corp. (NYSE: XRX - News). The second is the sigh of relief following the announcement of a date for its financial report which I referred to earlier. The third is the fact that last week the company published its annual 20F report for 2006. In these days of irritating companies such as Taro Pharmaceutical Industries Ltd. , considerable importance is attached to the fact that a company, especially a small one, has produced this report two months before the deadline.

What is more important is that anyone who reviews this report by ClickSoftware will find some interesting things, such as the expectation of continued growth for 2006, including the belief that the existing ratio between license and service sales will be maintained. The report also noted that the contacts between ClickSoftware and IBM, which the company reported back in 2004, have now progressed to negotiations on the method of payment to the company for sales made by IBM.

Of course this stock is risky, just like any small stock is, and it is not all that cheap either, if I compare it to Eltek Ltd. (NasdaqCM: ELTK), for example, which I also have in my portfolio. That said, I have long since learned that in the software sector, if you can manage to increase your license sales to as many customers as possible, sometimes the sky is the limit since the giants will get back to you with more orders.

[la-onda]

above estimation 
CKSW: To Release Q1 Results May 02 [BMO]
Tuesday , May 01, 2007 13:00ET

ClickSoftware Technologies Ltd. (Nasdaq SC: CKSW) is scheduled to release its Q1 financial results on May 02, 2007, before the market opens (BMO).

CONSENSUS ESTIMATES:

Q1 Revenue: $8.47 million
Q1 EPS: $0.00 per share



ClickSoftware Reports Financial Results for the First Quarter Ended March 31, 2007
Wednesday May 2, 3:27 am ET
40% Year-Over-Year Revenue Growth

BURLINGTON, Massachusetts, May 2 /PRNewswire-FirstCall/ -- ClickSoftware Technologies, Ltd., (NasdaqCM: CKSW), the leading provider of mobile workforce management and service optimization solutions, today announced results for the first quarter ended March 31, 2007.

For the first quarter ended March 31, 2007, total revenues were $9.1 million, with net income of $0.5 million, or $0.02 per share. This compares with revenues of $6.5 million and a net loss of $161,000, or $0.01 per share, for the same period last year, and revenues of $9.3 million and net income of $1.1 million, or $0.04 per share, for the fourth quarter of 2006. Excluding the effects of share-based compensation expenses related to the adoption of SFAS-123R, net income was $0.6 million, or $0.02 per share.

Software license revenues for the first quarter of 2007 were $3.7 million, while service and maintenance revenues were $5.4 million. This compares to software license revenues of $2.2 million and service and maintenance revenues of $4.3 million for the same period last year, and $3.4 million and $5.9 million, respectively, in the fourth quarter of 2006.

Gross profit in the first quarter of 2007 was $5.3 million, or 58% of revenues, compared to $3.9 million, or 60% of revenues, in the same period last year, and $5.9 million, or 63% of revenues, in the fourth quarter of 2006.

Cash, cash equivalents and short and long-term investments increased to $20.7 million, up $0.9 million from $19.8 million at the end of the fourth quarter. Net cash provided from operating activities was $1.3 million during the first quarter of 2007.

"We are delighted to report another strong quarter with significant 40% year-over-year revenue growth and strategic progress in line with our goals for building the Company to the next level," said Dr. Moshe BenBassat, ClickSoftware's Chairman and CEO. "During the quarter, we signed important agreements with new customers, engaged with new channel partners, and penetrated into a new vertical. We believe all of these activities are positioning us to take advantage of exciting opportunities in our markets. Considering the traditionally slow first quarter seasonality, we are off to an excellent start into 2007," he added.

Outlook

Based on recent wins and the current pipeline, the company is reiterating its previous guidance projecting an increase of about 20% for 2007 revenues as compared to 2006".

[la-onda]

ClickSoftware Schedules 2Q 2007 Earnings Release and Conference Call
Sunday , July 08, 2007 09:30ET

Jul 04, 2007 (M2 PRESSWIRE via COMTEX) -- ClickSoftware Technologies, a provider of mobile workforce management and service optimization solutions, announced that it will release its second quarter 2007 financial results on Wednesday, July 25th, during pre-market hours.

The release will be followed by a conference call available to all interested parties beginning at 9:30 a.m. ET.

BO on very high volume 
congrats to all shareholders

[bjc]

Nice la onda...applaud.

Will look for entry if she falls back to the 9 ema soon.  If that doesn't hold...bo point, low 4s.  I'd imagine there will be lots of support in the $4.25 range.

At the same time, this could ride the iphone hype and not stop for a while.  If that's the case, hopefully some here hold on to some shares and ride the wave...


Seems like a legit business.  Mobile business software, basically all encompassing.  Pretty impressive..I could see this stock doing very well.

[la-onda]

CKSW: Volume Spike; 14% > 20-adsv, Stock +5.48%
Wednesday, July 11, 2007 10:25ET

This is the 5th VOLUME alert for CKSW in the past 7 calendar days.

Trading for ClickSoftware Technologies Ltd. (NASDAQ SC: CKSW) has been heavier than usual in today's session. By 10:25 ET, the stock had already traded 251,800 shares via 347 trades. The cumulative volume is 14.44% above its 20-day average of 220,027. Normally the stock experiences around 358 individual trades per session.

So far, today's volume surge has caused a net rise in CKSW's stock price. At the time of this alert, the stock was trading at $5.200, up $0.270 (+5.48%).

One year ago, the Company's shares closed at $1.660. The price has gained more than 213 percent since then.

Over the last 10 trading session CKSW has traded in a range between $3.620 and $5.050 and is currently trading 2.97% above its 52-week high of $5.050 set on July 10,2007 and 225.00% above its 52-week low of $1.600 from July 20,2006.

In the previous 3 sessions, CKSW trading has displayed a positive trend. Closing results have been as follows:

July 10, 2007 --- closed at $4.930 up $0.200 (+4.23%) on 1,123,100 shares
July 09, 2007 --- closed at $4.730 up $0.300 (+6.77%) on 1,231,400 shares
July 06, 2007 --- closed at $4.430 up $0.310 (+7.52%) on 458,400 shares

The Company has not released news in the past 30 days

what a chart 

[la-onda]

 

CKSW: Volume Spike; 11% > 20-adsv, Stock +7.72%
Monday , July 16, 2007 10:25ET

This is the 5th VOLUME alert for CKSW in the past 7 calendar days.

Trading for ClickSoftware Technologies Ltd. (NASDAQ SC: CKSW) has been heavier than usual in today's session. By 10:25 ET, the stock had already traded 406,900 shares via 542 trades. The cumulative volume is 10.58% above its 20-day average of 367,953. Normally the stock experiences around 708 individual trades per session.

So far, today's volume surge has caused a net rise in CKSW's stock price. At the time of this alert, the stock was trading at $5.580, up $0.400 (+7.72%).

One year ago, the Company's shares closed at $1.650. The price has gained more than 238 percent since then.

Over the last 10 trading session CKSW has traded in a range between $3.700 and $5.550 and is currently trading 0.54% above its 52-week high of $5.550 set on July 12,2007 and 248.74% above its 52-week low of $1.600 from July 20,2006.

In the previous 3 sessions, CKSW trading has displayed a mixed trend. Closing results have been as follows:

July 13, 2007 --- closed at $5.180 down $0.050 (-0.96%) on 521,100 shares
July 12, 2007 --- closed at $5.230 down $0.090 (-1.69%) on 1,321,200 shares
July 11, 2007 --- closed at $5.320 up $0.390 (+7.91%) on 1,358,300 shares

The Company has not released news in the past 30 days