387 posts • joined 7 Oct 2011
Early days yet Jim...results are what matters, not wins.
Obsolescence...great programme on BBC2 yesterday discussing consumerism and the default way in which manufacturers have you by the balls...ouch..!
somebody should bang the heads of analysts like Gartner, IDC et all to get them to sing off the same song sheet....none of them come up with rational common announcements looking at the same figures...
Yippee...let's go for broke
Statistics such as these are only useful as guides and must be tempered with a little common sense in terms of understanding the underlying reasons for decline or upward swing.
Assuming all is rosy or black is likely to bite your bum when you least expect it. We are in a gentle upward swing in business confidence but the changes and challenges driven by new technologies and services carry with them real threat to those that cannot easily adapt or change direction.
Maplin, despite being a profitable business had to be sold to stop it's parent hitting the buffers. Debt remains a real burden and interest rates are likely to rise in the next 12 months.
Maplin still retains some of the old charm and wisdom but the question remains, how long will its model stand the test of time.
At an operational level, the business was and possibly still remains, one of the most profitable retail business I came across with gross margin of more than 50%. Having said that, bank covenants given the debt in the ultimate parent demanded such margins.
I've always found what I want in their stores and staff attitude and attentiveness has been first class. Hope this new level of debt above and intangible assets does not dilute the value and the risk in the business more than before as this would spell trouble.
So who delivers this?
Those big reseller partners who have no time to play with minnows? Find the right partners first and then deliver on promise.
....and I'm the King of England..
S--t way to do business
Vendors have an odd and oft unworkable approach...partners who take these sucker punches however have themselves to blame. Rebates and marketing are crap ways to make a profit and it's time vendors took their blinds off...
Looks like a good building block...
Re: Stories like these
I like mine better... a statistician is someone with his head in an oven and his feet encased in a block of ice....on balance, he feels neither hot nor cold.
Load of tosh...
All this 'shifting' numbers into distributor and retailers is bollocks - give people real tangible numbers in terms of those sold to users then we can all make sensible rational judgements or indeed sensible observations.
definite for sale sign here...how much of this was export driven?
what a name...share price didn't like it
Clearly, a well debated and considered merged name - it's shite, looks last-minute and one likely to be synonymous with services from a yellow three-wheeler, aka 'Delboy' Trotter.
Guaranteed event - interesting to see who takes the bite and what is left after it's bitten.
So, what's Junipers stance or comment?
1 big + 1 big = 1 BIG with a lot of fat cut off
Blood-letting to follow...
Re: Sure , lets go down-market and lose more $$$
to sell, I guess
Off you jolly well go...
Good move by SCC
Re: Sign o' the times
Oddly, can think of quite a few more 'giants' laurel resting....!
Another acquisition brewing perhaps.....
Re: Language Barrier
Quite true but herein lays the problem. If you outsource, you either face the consequence of such 'lost in translations' or ensure you hire very good English speakers in your chosen outsource market. Nothing wrng in outsourcing, so long as the customer service is matched or preferably improved.
Is this Hungarian terms?
Not only a down vote...but utter bollox.
That my dear fellow has f--- all to do with politics and everything to do with protecting 'their own'
Tough to grow without acquisition and in an environment of squeezed margin and increased cost.
aye, bricks n mortar...
Much better margin in property speculation...
One should look at those less fortunate than CC or SCC and drill down into performance of the sector. Margin pressure is more acute and the real success's are in the SME managed service space.
Things are changing...someone really needs to look at performance of those less fortunate than CC or SCC and the changing face of distribution supply and margin squeeze. The real success's are in the SME managed service space.
'implement a streamlined organisational structure that strengthens our ability to execute, reinvigorates our mission-driven culture, and aligns to our growth opportunities'
= corporate-speak tongue twister this one. Translation is roughly along these lines...
We have to cut more costs cos we're still losing focus and need to make what we have left, look better...
Close-knit community here in the UK..will need a sledgehammer to bust this one.....and margins are already wafer thin for current players and only volume compensates.
This could have been so different.....had it not been bought by its current owners....
4 months....suspended for 12 with a paltry fine or two? Easy money innit?
Bloke should be banged up now for twelve months with a proceeds of crime claim to nick back every penny. He's done it before apparently....so, what are the odds he does it again?
Food for thought..
Come into the parlour says the spider (Google) to the fly (Microsoft)......I'll eat you up one day soon.
If 60-65% is admitted, consider it to be around 50%
Looks like a dead duck..........
wave the magic wand...
'Given the losses and the current revenues, Kaye Hanaghan, research director at TechMarketView, said Outsourcery needs to "deliver the 'new buds' of scale in the business and prove the model works.
"2014 is an important year in this regard, but we suspect it could be 2015 before we can really make a judgement on the numbers," she wrote today in a blog post'
Make that 2018....there is far too much debt and cost here and no surety the revenue will come at the required rate..best option would be one or two years of growth and sale...to some other unsuspecting investors. Other route is failure if revenue stream and profitability does not rise substantially and quickly
This is of course,direct with Microsoft...no channel thieves in here then...
Re: This makes no sense
And where your own people can mess around with it...
No.....you do it..
Never mind all that, Atos Origin insist on paying on 90 days....plus...wafer thin margins and needs Distribution support in extended terms...tricky.
An outsource business outsources again...
Got one of these myself but realised straight away it was spam...trouble is, others may not have. Nasty way to approach this and if I find out who did it, I'll gladly castrate them
Come on peeps..
Creditors only get paid if there's money there...and there isn't...
A big ladder needed. This is a business that should not be in IT Distribution. Indeed, some may say it isn't in any event. It needs to move on to something else.
That net asset value of 800K or so at last year end 2012 was down to an equity investment of 1.3m and a loss in that year of close to 600K.
What looks at odds is the level of trade and supplier credit (well over 1m in each case) - roughly five times that of 2011.
That's some increase given prior year sales in 2011 totalled just under 1.9m
A new dimension to corporate speak with all this SWAT stuff.....
Here's the door for you..
"It doesn't take a genius to figure out this IT market is rapidly changing from a diversification of form factors and different consumption models of IT,"
Powers of deduction here astonishing, but route is the usual one of pushing jobs out to where they're cheaper and an environment of automation and processes where fewer people talk to people is the result. Ingram's underlying gross margin is down...it's only a logistics acquisitions and Brightpoint that pushed it up by a couple of basis points.
Clear as mud. Can we have a translation in English please?
Re: Wait what?
Alas it's a title that screams 'here's a job and title while we decide how to offload you', cheaply...
Bit of a clumsy 'behemoth'
Despite it's size, this is a troubled business in a bit of a quandary about what to do next. The same can in truth be applied to the likes of Avnet and Ingram too. Operating net income margins of less than 1% are almost akin to scraping the barrel.
Revenue does not reflect the size of businesses they have acquired over the last two years. Serious issues for them in terms of how they realign core historical, current and future activities.
beware the ides of March..
At first glance....this doesn't look good...With a second glance over the shoulder, it still looks odd. An ill wind blows....
- Updated HIDDEN packet sniffer spy tech in MILLIONS of iPhones, iPads – expert
- RISE of the Jesus Phone MOUNTAIN: 80 MILLION 'Air' iPhone 6s ordered
- Students hack Tesla Model S, make all its doors pop open IN MOTION
- BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
- PROOF the Apple iPhone 6 rumor mill hype-gasm has reached its logical conclusion