Worried about the downtrend in the share price I went in search of news and came across these 2 positive articles (no negative ones found - if someone is in the know here, feel free to comment), but there's no details on the value of these contracts. My tech knowledge is poor but I feel this business is coming off a cyclical low on margins and slowed revenue growth, so I bought in recently.
I was wondering if any similar projects in the past might shed light on revenues and margins for these sorts of contracts?
1. "Business transformation" solution (Office 365 and Microsoft Dynamics CRM) for Beyond Bank, which, according to Wikipedia, is one of Australia's biggest credit institutions.
http://www.arnnet.com.au/article/57...ys-office365-dynamics-crm-online-uxc-eclipse/
http://www.itwire.com/business-it-n...xc-eclipse-partner-for-microsoft-crm-roll-out
2. Software solution for a large Tasmanian government department. Based on other contracts I've seen for federal government departments, I'm guessing this isn't likely to be huge money-wise (?), though the write-ups suggest this is the foot-in-the-door for the company in this new technology, which has the potential to be used extensively in private sector commerce.
http://www.crn.com.au/News/402110,uxc-eclipse-partners-with-tasmanet-to-clinch-apple-isle-deal.aspx
http://www.arnnet.com.au/article/571297/tasmanet-uxc-eclipse-partner-deliver-saas/
Any comments greatly appreciated!