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Fleet Management Solutions, Inc.(fka FLMG) RSS Feed

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Created
02/20/10
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FMS HELLAS S.A.

FMS HELLAS S.A., activities are concentrated at the market of the Fleet Management especially for automotive. The company offers to its customers, services based on its 20-year expertise in conjunction with the usage of "state of the art" services and technologies.

Company F.M.S Hellas S.A.
Address 40 KIFISOY AV., RENTI ,GREECE
Phone +30-210-94.08.298
Fax +30-210-94.20.590
E-mail info@fms-greece.com
Web Page http://www.fms-greece.com
Type of Company Societe Anonyme
Employees 15
Subject Fleet Management Solutions

FMS HELLAS S.A. products and services are under continuous research and development, in pursuit of the basic mission of the company to be a major player in the market of the after sales services and re-marketing relative to the fleet management of the leased cars.

FMS HELLAS S.A. offers services that are pioneer and innovator for the Greek market and are characterized by a high market acceptance index, as these products are offered to a big market that has already faced up the problems which FMS services can solve.

FMS HELLAS S.A. is trying to continuously maintain the highest level of customer support and customer satisfaction.

The solutions that are offered by FMS HELLAS S.A. are covering all the after sales management needs of the companies that provide Automotive Leasing solutions.

FMS HELLAS S.A. offers services, to its customers, that minimize the - highly fluctuant - operational and management risk helping them to provide competitive leasing products.

The company provides solutions covering the fields of:

  • CALL CENTER

  • 24 x 7 service
  • 1 call number for After Sales / 1 call number for everything
  • Full Report / Statistics
  • Complains Management Procedure
  • CRM - Customer Relationship Management
  • MAINTENANCE FIXED COST

  • Covers leasing period
  • Fixed cost per Model
  • Coverage:
    • Scheduled Services
    • Unscheduled replacements
    • Damages
  • Internet based Fixed Cost Calculator
  • Alternatively offer: Management per case
  • ACCIDENT MANAGEMENT

  • Insured Accident management
  • Self Insured Accident management
  • On Line Approvals by Leasing Company
  • Minimization of Repairing Datesv
  • Optimization of repairing cost (especially on self- insured cars)
  • On line tracking of repairing status
  • AUDATEX Certified Report Issuer
  • RE-MARKETING

  • Reception of the car at the end of the Leasing period
  • Report of car's current condition after a technical inspection
  • Repairing cost Estimation for existing damages from approved auditors - Audatex
  • Parking
  • Sale of cars after the completion of the lease period in corporation with the company which owns the car (Leasing Company / Bank)
  • ROAD ASSISTANCE

  • Road Assistance based per case
  • Mobile service that covers Athens - Thessaloniki
  • FLEET MANAGEMENT TELEMATICS

  • Fleet management tracking and monitoring solution for
  • Big customers with fleet of trucks or salesman's cars
  • Web based Application
  • Polling for "lost / missing" cars
  • Antitheft satellite services

The company uses the following sites in order to offers its services and products:

  • MOSCHATO, 400 m2

  • Car Reception
  • Scheduled services
  • parking 1000 m2
  • KIFISOY AVENUE , 1600 m2

  • offices,
  • call center,
  • parking 2500 m2
  • Car Repair Center
  • Body Shop
  • THESSALONIKI, 1500 m2

  • Scheduled services
  • Car Repair Center
  • Body Shop

FMS HELLAS S.A. currently operates on the following projects:

  • After Sales Management for fleet of ETHNIKI Leasing and other Leasing Companies
  • Mobile Care - Project Management
  • Project Management Honda Assist
  • Extended Warranty - Project Management
  • WURTH - WOW Product
    • After Sales Representation
    • After Sales Customer Support
    • Technical Support (Greece - Cyprus)
  • HONDA E.T.S (Emergency Tracking System)
  • Special Insurance Projects

Customers

  • ETHNIKI RENT (subsidiary of ETHNIKI BANK)
  • Dirent Leasing
  • ATLAS COPCO
  • WURTH HELLAS
  • SARACAKIS GROUP (Honda - Mitsubishi)
  • BMW Hellas
  • FIN and RENT (subsidiary of EUROBANK)
  • ATERENT (subsidiary of ATE BANK)
  • Mondial Assistance
  • Speedex Courier
  • BRINKS security
  • etc

 

 

 

Transfer Agent

Manhattan Transfer Registrar Co.
57 Eastwood Road
Miller Place, NY 17764

 

  • Estimated Market Cap

    $25,592,617 as of Mar 26, 2010
  • Outstanding Shares

    36,560,882 as of Mar 5, 2010
  • Authorized Shares

    200,000,000 as of Dec 31, 2009
  • Float(shares)

    5,508,251 as of Mar 5, 2010
  • Number of Shareholders of Record

    26 as of Mar 5, 2010
 
Fundamental Analysis Featured By: StockRunway
FMS
 
Company:  Fleet Management Solutions -  (OTC.PK: FLMG)
Current Price Tag: Approx. $.04...Trend Reversal 
Company Website:  http://www.fms-greece.com/


 
What is Fleet Management Solutions?   A Solution Specialist  well positioned in the automotive industry with its "State of the Art" technologies  providing elite services while reducing costs for its clients.


Now...What many folks don't realize is that the European Union is gathering strength behind the euro which is allowing FLMG to build and grow at even a faster rate.


You still do not understand? Allow me to clarify...The worse things get in credit-challenged Greece...The MORE money  FLMG has been making!


 
 

About  Fleet Management Solutions:

     Fleet Management Solutions  (FLMG.PK)  provides a full spectrum of automobile fleet solutions, in the Country of Greece as well as the Balkans area.

FLMG: Headquarters located in Greece, based in Athens, Greece and currently owns and operates 5 commercial locations with 65 full time employees. 

FLMG offers its clients (leasing companies and corporations) numerous comprehensive fleet management solutions such as online fleet management, maintenance programs, 24 hour roadside assistance, fuel management programs, insurance programs, license and title services, telemetric and acquisition and lease buyout programs, and re-marketing of used vehicles. FMS utilizes authorized dealership networks and the BOSCH Car Service Network with 120 service locations in Greece.

FLMG was formed as a result of a merger between ABR Bosch Car Services, which was founded in 1992, and EDC Hellas S.A., which was founded in 1998 by EDC Holdings. Serving its respected industry for 30 years, FLMG has now a strong foothold over it competitors thanks to a strong management team with plenty of vision.

The Company's website is: http://www.fms-greece.com/


Did You Know: 


FLMG business has flourished and has never been better regardless of the austerity build up states CEO Evangelos Alexandris.



Furthermore, all while the euro has been selling off, FLMG has climbed back in the black to profitability and is generating record revenue.


With decades of experience providing fleet management services and solutions, it sure is no wonder why FLMG has grown over 300 % in the last 3 years.


Inside the StockRunway numbers...

Investors are starting to sink their teeth into these figures. FLMG currently holds more than $4 million in assets coupled with $2 million in revenues filtering in on a quarterly basis -- although its 38 million shares have a price tag of only $.04 each! 


 

http://www.pennytrader.com/images/profiles/exmt/world.jpg    
 

 

FLMG: Active Operating Projects;
 
 

FLMG provides numerous comprehensive fleet management solutions such as online fleet management, maintenance programs, 24 hour roadside assistance, fuel management programs, insurance programs, license and title services, telematics and acquisition and lease buyout programs, and re-marketing of used vehicles.
 

After Sales Management for fleet of ETHNIKI Leasing and other Leasing Companies

  • Mobile Care - Project Management

  • Project Management Honda Assist

  • Extended Warranty - Project Management

  • WURTH - WOW Product

    • After Sales Representation

    • After Sales Customer Support

    • Technical Support (Greece - Cyprus)

  • HONDA E.T.S (Emergency Tracking System)

  • Special Insurance Projects

 

FLMG and its professional staff continuously maintains the highest level of customer support and customer satisfaction allowing them to gain market share in its industry year over year.

 

 

   


 
FLMG: A market capitalization of under $3 million offers investors a large upside for emerging growth!
 



FLMG: A Technical View; 

With price action starting to cross over key market indicators such as the 50 and 200 dma, FLMG is on alert and many investors watchlists as an undervalued risk/reward play that is starting to heat up. 

This has been and always will be one of the most pronounced market indicators for all to follow when entering new positions from a risk/reward ratio standpoint.

The RSI and MACD are both also triggering bullish sentiment by pointing up along with volume which we all know ALWAYS proceeds price.






 

 



---»   Fleet Management Solutions, Inc. Business Valuation Opinion

VRS's projections for the 5-year period 2011-2015 and applying the Discounted Cash Flow (DCF) methodology for a conservative growth scenario, the fair value of the Company accounts for euro 21,883,880  (more than US$29 million  ).

 

ATHENS, Greece , Dec. 12, 2011 /PRNewswire/ -- Fleet Management Solutions Inc. (OTC: FLMG.PK), a provider of numerous comprehensive automobile fleet management solutions, is pleased to announce that the company received a business valuation opinion from an independent firm, Valuation & Research Specialists (VRS).

Based on VRS's projections for the 5-year period 2011-2015 and applying the Discounted Cash Flow (DCF) methodology for a conservative growth scenario, the fair value of the Company accounts for euro 21,883,880 (more than US$29 million ).

Valuation & Research Specialists have applied the DCF methodology which is the most widely accepted approach for corporate valuation and provides a greater depth of understanding of the Company's dynamics (note that the method incorporates best the Company's growth prospects over the next 5 years).

The DCF valuation, adopts the following procedure. By projecting the Company's operating profits, and then adjusting for taxes, depreciation, capital expenditures and working capital, then end up with the future free cash flows to the firm. Discounting those cash flows with the weighted average cost of capital (the interest rate that weighs both own capital and debt employed by a company), then end up with the Company's enterprise value, also known as EV that equals with equity value (or market capitalization) plus debt minus cash.

Fleet Management Solutions Inc. CEO Evangelos Alexandris stated, "The Valuation Opinion is within the range we were
expecting. We undertook this fair value to assist the FMS Board in evaluating potential transactions and be in a much better
position to make decisions in the best interest of FMS partners and shareholders."

For the full news release source click here: http://finance.yahoo.com/news/Fleet-Management-Solutions-prnews-1510189812.html?x=0


 

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