ICGE - MK 135 Mio. ? - innerer Wert 700 Mio. ? !

http://finance.yahoo.com/news/...news-pz-1943471124.html?x=0&.v=1  

Wie sich diese Verlängerung nach fünf Jahren auf die Erlöse auswirkt, lässt sich von hier aus schlecht abschätzen. Sinken dürften sie den nachstehenden Ausführungen nach aber nicht:

"Building upon the strong results achieved over the last five years, the partnership will stay relentlessly focused on optimizing spend and driving savings in the areas of Marketing Services, Corporate Services, Travel, IT, and MRO (Maintenance, Repairs and Operations). In order to drive incremental value in these areas, the joint team will focus on next-generation spend optimization strategies such as proactive cost management, policy optimization and collaborating with suppliers to drive innovation."  

bietet meines Erachtens auch Local.com, zu denen ich auf dem Hot Stock-Board poste. Auch diese Aktie ist einzig und allein, wie einst Internet Capital bei $3,40, durch Shortseller auf das momentane Niveau heruntergezockt wurden.

Das meint auch ein Ami auf einem US-Board:

LOCM - Information for the Uninformed     21-Oct-11 11:11 pm     Dear Local.com (LOCM) investors & traders, I want to give you basic information regarding LOCM, which has had its share of challenges this year. This has been their boldest year, also. They have met the challenge of the yahoo/bing severance earlier this year with a new alliance with Google, (and Yahoo came crawling back!). These facts are very positive for LOCM. In addition, LOCM has been brave enough to make key purchases in order to fulfill their own plan and agenda to become a top competitor in the local adspace sector of the internet, partnered with Google (recent commencement of a 2-year contract agreement) who is helping to mastermind this plan, it is also rumored. These acquisitions have been and are presently being integrated into a working model, this has been a great challenge for them this year, a challenge they have met with diligence. This will be one of many keys to future profitability for LOCM and its shareholders. Some of the acquisitions are already profitable, such as Spreebird/ScreaminDailyDeals which is outperforming in the geographical areas of operation, and this one acquisition is expanding rapidly. LOCM was awarded a patent recently, a very broad local search patent that has the bigger local search companies scrambling to draw legal lines because it seems there are serious overlaps between these companies and LOCM with its broad patent now, all positive for LOCM. The coming IPOs of Groupon and LivingSocial are also positives for LOCM, as the interest and media coverage of these events heat up with regards to the local adspace sector of the internet.

The rumor mill has once again spit out possibilities of an LOCM buyout similar to the rumor last year of Google wanting to buy LOCM. Remember also that Google offered huge money earlier this year for Groupon, but Google was turned down on their very generous offer (does Google have an axe to grind?). Now that LOCM is partnered with Google with a 2-year contract beginning August 1, 2011, one can extrapolate that the two will try to be an opposition player against the other local search giants. This industry is still in its infancy, and is picking up steam year over year, with some amazing high-dollar revenue projections for the coming years. Companies in general worldwide are switching to an internet-based type of targeted local marketing where they can more efficiently make use of their advertising dollars, in the face of faltering economies and shrinking budgets. Let's face it, the yellowpages is going to be replaced by this local search sector of the internet.
LOCM has recently added cell phone search applications to their barrage of artillery, and they can check that off of their list of things to do this year; expect many improvements in that department for use with all cell phones and services. The timing of these accomplishments is right in line with the pending IPOs of Groupon and LivingSocial. LOCM with its key partnerships and acquisitions of the past year are poised to be in direct competition with the big boys, and looks more and more like a takeover candidate (who might it be?) The LOCM share price has been hammered down this year to an oversold condition. LOCM may be set to surprise with neutral to positive 3rd quarter earnings reporting. Factoring in everything, including sheer seasonality LOCM may, in all likelihood, be a bargain at these historic share price lows, and shortsellers may find themselves in a serious pickle sooner rather than later. At a minimum, Local.com makes for a very interesting story, one worthy of consideration. Long may you run!
Disclosure: I am long LOCM & I intend to buy more on any sustained weakness.  

den Wert von Internet Capital (neuer Name: ICG Group):

Most important for the value of ICG Group is the value of ICGCommerce: Revenues of ICGCommerce in 2011 will be about 126 million. That would be by 3.5-times-revenues a fair value of 441 million for ICGCommerce. 81% of ICG Group on ICGCommerce are about 357 million. That are by the from 37 million to 36 million reduced outstanding shares = $9.92 from ICGCommerce alone.  

Additional with about 100 million cash/securites  (after estimated additional buy-backs of one million shares for about 10 million) are the 357 million for 81% of ICGCommerce = 457 million. If we divide through the 36 million outstanding shares = $12.7. And free of charge are additional all partner-companies without ICGCommerce.  

$14.25 from Cash, 81% of ICGCommerce and 36% of Starcite

Next highest value after the 81% on ICGCommerce have after my estimates the 36% of Starcite. Revenues of Starcite in 2011 will be about 52 million. That are by a fair value by 3-times-revenues of 156 million. 36% of 156 million = 56 million.

100 million cash + 357 million value of the 81% of ICGCommerce + 56 million value of the 36% of Starcite = 513 million. That are 36 million outstanding shares = $14.25/share.  

Next step with Channelintelligence to $15.5     26-Oct-11 04:48 pm     Number 3 of the partner-companies is now after my newest estimate Channelintelligence, who delivers performance advertising services for manufacturers and retailers. Internet Capital reported, that this company was 2010 in a Trailing Revenue Range of $20M – $30M. Reveneus in 2011 will be about 30 million. A conservative estimate with only 3-times-revenues valuates Channelintelligence with 90 million. The 50% of ICG Group = 45 million.

100 million cash/securities + 357 million from 81% of ICGCommerce + 56 million from 36% of Starcite + 45 million from the 50% of Channelintelligence = 558 million. If you divide this 558 million through the 36 million outstanding shares = $15.5/share. And additional free of charge are all companies without ICGCommerce Starcite and Channelintellence.  

Next step with Freeborders to $ 16.5        

Revenues of Freeborders in 2011 will be about 34 million after about 29 million in 2010. That is by low 3.5-times-revenues a value of 119 million. Value of the 31% of Internet Capital = 37 million.

100 million cash/securities + 357 million from 81% of ICGCommerce + 56 million from 36% of Starcite + 45 million from the 50% of Channelintelligence + 37 million from 31% of Freeborders = 595 million. If you divide this 595 million through the 36 million outstanding shares = $16.5/share. And additional free of charge are all companies without ICGCommerce Starcite, Channelintellence and Freeborders.  

Next step with Whitefence to $17.1  

Revenues of Whitefence will be about 22 million in 2011. That are by 2.5-times-revenues = 55 million. Value of the 36% of Internet Capital = 20 million.

100 million cash/securities + 357 million from 81% of ICGCommerce + 56 million from 36% of Starcite + 45 million from the 50% of Channelintelligence + 37 million from 31% of Freeborders + 20 million from 36% of Whitefence = 615 million. If you divide this 615 million through the 36 million outstanding shares = $17.1/share. And additional free of charge are all companies without ICGCommerce Starcite, Channelintellence, Freeborders and Whitefence.  

Next step with Govdelivery to $18.4
Revenues of Govdelivery will be about 14 million in 2011. That are by 3.5-times-reveneus = 49 million. Value of the 93% of Internet Capital = 46 million.

100 million cash/securities + 357 million from 81% of ICGCommerce + 56 million from 36% of Starcite + 45 million from the 50% of Channelintelligence + 37 million from 31% of Freeborders + 20 million from 36% of Whitefence + 46 million from 93% of Govdelivery = 661 million. If you divide this 615 million through the 36 million outstanding shares = $18.4/share. And additional free of charge are all companies without ICGCommerce Starcite, Channelintellence, Freeborders Whitefence and Govdelivery. melden  
Jetzt am Börsenspiel teilnehmen!  

Revenues of Investorce will be about 6 million in 2011. That are by 4-times-reveneus = 24 million. Value of the 76% of Internet Capital = 18 million.

100 million cash/securities + 357 million from 81% of ICGCommerce + 56 million from 36% of Starcite + 45 million from the 50% of Channelintelligence + 37 million from 31% of Freeborders + 20 million from 36% of Whitefence + 46 million from 93% of Govdelivery + 18 million from 76% of InvestorForce = 679 million. If you divide this 679 million through the 36 million outstanding shares = $18.9/share. And additional free of charge are all companies without ICGCommerce Starcite, Channelintellence, Freeborders Whitefence and Govdelivery.  

http://www.icg.com/press-and-ideas/icg-news/...ter-financial-results/

Der gestrige Kursrückgang ist eine gute Kaufgelegenheit für Langzeitinvestoren.  

ICG Announces $25 Million Increase in Share Repurchase Program

Press Release: ICG Group, Inc. – Mon, Nov 14, 2011 9:00 AM ESTShare0EmailPrintCompanies:ICG Group, Inc.RELATED QUOTESSymbol Price Change
ICGE 8.33 0.00

WAYNE, Pa., Nov. 14, 2011 (GLOBE NEWSWIRE) -- ICG Group, Inc. (Nasdaq:ICGE - News) today announced that its Board of Directors approved a $25 million increase in authorized stock buybacks under the Company's share repurchase program, bringing the total authorization to $50 million. Since the implementation of the program in 2008, the Company has repurchased approximately 3.3 million shares for an aggregate of approximately $20.5 million. Taking into account the additional $25 million authorization and the cash used for prior repurchases, the remaining amount authorized under the share repurchase program is approximately $29.5 million.

"This expansion of our repurchase program highlights our confidence in ICG's long-term growth potential, and underscores our commitment to enhancing stockholder value," said Walter Buckley, ICG's Chairman and CEO. "We are pleased to have the financial flexibility to opportunistically allocate our capital to this share repurchase program while maintaining our focus on driving growth at our companies and executing on our strategy."

Share repurchases under this program will be made from time to time through open market or privately negotiated transactions. The timing and actual number of shares repurchased will depend on a variety of factors, including price, regulatory restrictions, market conditions and corporate liquidity requirements.

About ICG


ICG Group, Inc. (Nasdaq:ICGE - News) identifies, capitalizes and grows companies in the SaaS and tech-enabled BPO sectors. These companies transform the way business is done by enabling enterprises to increase efficiencies and improve critical processes. ICG leverages its unique expertise to carefully identify companies based on their potential to become market changers and market leaders. ICG focuses on building successful businesses in the SaaS and tech-enabled BPO sectors by providing them with access to management expertise and strategic and operational guidance, as well as growth capital.  

Zieht man die ca. 100 Millionen Cash ab, bedeutet das, dass bei der schuldenfreien ICG Group dann noch 222 Millionen abgedeckt sein müssen. Meines Erachtens wird das schon von den 81% an ICGCommerce mehr als erfüllt, kostenlos dazu würde es dann noch geben: 36% ans Starcite, 31% an Freeborders, 49% an Channelintelligence, 36% an Whitfence, 93% an Govdelivery, 76% an Investorforce, 26% an Seapass und 25% an Acquirgy.  

http://www.procurementleaders.com/news/latestnews/348957/  

http://www.procurementleaders.com/learninggroups/...in-and-logistics/  

Allein die 81% an ICGCommerce machen schon $10.63 aus:

Revenues of ICG Commerce in 2011 and 2012  

Revenues of ICGCommerce will be in 2011 about 124 million and increase in 2012 to about 124 million.

That are by 3.5-times-revenues on the base of 124 million revenues = 434 million. Internet Capital owning now 81% (I believe they will do all do increase the ownership) = 351 million.

I am sure, that ICG Group can reduce the number of outstanding shares through repurchases to about 33 million in 2012. If you now divide the 351 million from the 81% of ICG Commerce through 33 million shares = $10.63/share from the ownership on ICGCommerce alone.


Cash in 2012 = About $ 3.50/Share

Cash in 2011 was above 100 million and increased additional 25 million through the sale of Starcite, but will get back to about 100 million throug 2012, if repurchasing of shares to about 33 million will going on.  

http://www.slideshare.net/rajeshdgr8/po-service-providers-mkt  

dann scheint es bei den Beteiligungen von Internet Capital (neuer Name: ICG Group) rundzulaufen.

http://messages.finance.yahoo.com/Stocks_(A_to_Z)/...;tof=1&frt=2  

http://www.environmentalleader.com/2011/06/13/...grow-700-in-7-years/

und Synergien ohne Ende.  

GovDelivery Chosen as Cloud Computing Supplier for UK Government G-Cloud Initiative    15 second(s) ago    





GovDelivery Chosen as Cloud Computing Supplier for UK Government G-Cloud Initiative

LONDON, Feb. 19, 2012 (GLOBE NEWSWIRE) -- GovDelivery announced today that they have been accepted into the UK Government's G-Cloud programme and will be listed in the G-Cloud catalogue.

The government first proposed the G-Cloud initiative to bring a wider range of suppliers to the public sector market while increasing the flexibility of procurement contracts. The programme aims to create an online system that public sector organisations can use to find services and supplies without the restriction of lengthy contracts and complex procurement.

GovDelivery will be listed in the Software-as-a-Service category. As an international leader in government-to-citizen communication solutions, GovDelivery currently serves more than 500 government organisations, including dozens of central government agencies and local authorities in the UK.

GovDelivery will be offering targeted multi-channel communication solutions, Digital Communication Management and Transactional Messaging Services, designed specifically for the public sector, as part of the G-Cloud catalogue.

"The publishing of the G-Cloud catalogue provides government the power to transform the way they are procuring a vast number of innovative services," said Dave Worsell, Director of Government Solutions, GovDelivery UK. "At a time when government is pressured to manage with lower budgets, while at the same time, increasing electronic service provision and delivering higher citizen satisfaction, cloud computing is an essential part of the solution. GovDelivery has always provided cloud-based government communication solutions, so we know just how impactful leveraging solutions in the cloud can be."

"We're privileged to be included in the G-Cloud catalogue as a recognized supplier of government-focused cloud solutions," said Scott Burns, CEO and co-Founder of GovDelivery. "We do believe that government can increase efficiency and decrease IT costs simultaneously by utilising cloud computing, and GovDelivery has hundreds of clients who are doing just that, including dozens in the UK and across Europe."

About GovDelivery

GovDelivery, the leading provider of government-to-citizen communication solutions, helps government maximise direct connections with the public while reducing communications cost. More than 500 government organisations worldwide, including more than half of major U.S. federal agencies, as well as state, county, and city governments in the U.S., and local authorities and central government agencies in the United Kingdom, use GovDelivery to optimize their effectiveness, efficiency, and engagement in communications with the public. GovDelivery is a partner company of ICG (Nasdaq:ICGE - News). For more information, visit http://www.govdelivery.com.

The GovDelivery logo is available at http://www.globenewswire.com/newsroom/pr...  

hervorragend:

http://finance.yahoo.com/news/...nces-Contract-pz-1340878769.html?x=0  

http://messages.finance.yahoo.com/Stocks_(A_to_Z)/...amp;frt=2#269867

auch wenn das noch sehr verbesserungsbedürftig ist, aber man will ja auch ICG Group mit dem Herausposaunen von exzellenten Fundamentals den Rückkauf verderben.  

http://news.xinhuanet.com/english/business/2012-02/26/c_131432346.htm  

gleich zwei neue Kunden:

Strategic Investment Solutions Selects InvestorForce for
Advanced Performance Measurement Solutions
CONSHOHOCKEN, PA, March 21, 2012 – InvestorForce, Inc., the leading provider of
performance reporting and data intelligence tools for institutional investment consultants, is
pleased to announce that Strategic Investment Solutions, Inc. (SIS) has selected InvestorForce to
provide advanced performance reporting services.
Based in San Francisco, Strategic Investment Solutions is an independent, employee-owned
institutional investment consultant serving a select group of clients, including pension funds,
foundations and endowments, and family offices with over $700 billion in assets.
“The power and flexibility of the InvestorForce platform will provide us with tremendous benefits –
from efficiency and speed in report generation to a range of analytics – and enable us to meet our
clients’ needs,” said Anne Ward, Head of Performance Measurement for SIS. “InvestorForce’s
focus on the institutional consultant market, the depth and experience of the InvestorForce team,
and their commitment to innovation were important decision factors for SIS.”
InvestorForce’s end-to-end solution streamlines a consultant’s reporting process from data
collection through to report production, delivering unparalleled efficiencies, flexibility, and cost
savings.
“We are very excited to be partnering with SIS and we welcome them to our family of clients.
They are a leader in the institutional investment consulting space and we look forward to
incorporating their perspective into our future development efforts,” said Jim Morrissey,

InvestorForce CEO. “We advance our core reporting platform every quarter, going beyond
reporting by delivering innovative products and services such as advanced analytics, market
intelligence, and decision support products to help our clients make better investment decisions.”
About SIS
Strategic Investment Solutions, Inc. was established in 1994 to provide institutional investors with
experienced, research-based advice while minimizing conflicts of interest. SIS offers a broad
range of consulting services, including strategic planning, plan implementation, performance
evaluation, and trustee education. We work on a retainer or project basis. We emphasize cofiduciary
responsibility, client advocacy, and communication. Consulting is our only business.
For more information please visit www.sis-sf.com
About InvestorForce, Inc.
InvestorForce is the premier provider of performance reporting solutions to the institutional
investment community. InvestorForce offers products and services to address the needs of
consultants, plan sponsors and their money managers, enabling them to manage investment
decisions and exposure more effectively by providing real-time transparency and analysis.
With majority ownership and backing from ICG (Nasdaq: ICGE), InvestorForce has successfully
brought the most advanced performance reporting platform to the institutional investment
community.


Und ein zweiter neuer Kunde für Investorforce

Clearbrook Selects InvestorForce for Performance Reporting
CONSHOHOCKEN, PA, March 14, 2012 – InvestorForce, Inc., the leading provider of performance
reporting and data intelligence tools for institutional investment consultants, is pleased to announce its
selection by Clearbrook Global Advisors to provide advanced performance reporting services.
Clearbrook, a privately held, independent consulting firm with offices in New York, New York; Boston,
Massachusetts; Stamford, Connecticut and Wayne, Pennsylvania, will use the InvestorForce platform to
provide its institutional investor clients with enhanced performance reporting capabilities, automated
collection of manager performance data, advanced analytics, and daily access to critical portfolio
information.
“InvestorForce’s performance reporting platform provides us with important efficiencies and distinguishing
competitive advantages,’’ said Fred Weiss, Managing Director at Clearbrook. “The breadth and depth of
the InvestorForce platform, combined with their hosted web access, will enable us to simplify and improve
our performance reporting processes and offer our clients the best combination of sophisticated
performance reporting and transparency.”
“We are delighted to partner with Clearbrook to provide them with state-of-the-art performance reporting
and analytics as they serve the complex needs of their institutional investors,” said Jim Morrissey, CEO of
InvestorForce. “We continue to invest heavily in our technology to advance our platform, which allows our
clients to strengthen their client relationships while driving down their cost to serve.”
About Clearbrook

Clearbrook is an independent investment consulting firm whose core business is to provide strategic
advice, investment solutions, and related wealth advisory services to institutions, individuals and financial
intermediaries worldwide. They serve as an actively engaged partner to clients, designing, managing, and
implementing customized investment programs that meet long-term objectives. Clearbrook currently has
offices in New York, New York; Boston, Massachusetts; Stamford, Connecticut and Wayne, Pennsylvania.
For more information please visit www.clearbrookglobal.com.
About InvestorForce, Inc.
InvestorForce is the premier provider of performance reporting solutions to the institutional investment
community. InvestorForce offers products and services to address the needs of consultants, plan
sponsors and their money managers, enabling them to manage investment decisions and exposure more
effectively by providing real-time transparency and analysis.
With majority ownership and backing from ICG (Nasdaq: ICGE), InvestorForce has successfully brought
the most advanced performance reporting platform to the institutional investment community.