* Operating profit up 91% from GBP247,412 to GBP472,636;
* Turnover up 46% from GBP2,845,861 to GBP4,158,686;
* Profit attributable to members of the parent company up 55%;
* EPS up from 1.9p to 2.9p;
* Cash reserves of GBP1.4m;
* Proposed interim dividend of 1.25p per share;
* Successful flotation of Smart Identity Plc; and
* Annualised contract values in excess of GBP1.4m (GBP1.1m 2006).|
|Good Results published today.
I had expected an increase in Dividend from last years 1.4 pence.
I thought 1.45 pence, maybe 1.5 pence.
In fact it went up to 1.65 pence, a pleasant suprise.
Below is the explanation.
With the acquisition of BIOS the Group's revenues have grown by 23% to exceed
GBP6 million for the first time (2006: GBP5.1 million). Pre-tax profits have
shown growth of 15.4% to GBP634, 000 (2006: GBP550, 000). The cash position of
the business has increased by 8% to GBP 1.7 million, and both organically and
through the BIOS acquisition, the Group has seen the contracted support
revenues rise 29% to a record GBP1.035 million with a further GBP1 million of
non-contracted and renewable business supporting our solution sales.
* Group revenues up by 23% exceeding GBP6m for the first time;
* Pre-tax profits up 15.4% to GBP634,000;
* Second interim dividend payment of 1.65p (2006: 1.4p);
* EPS growth of 17.5% to 4.12p (2006: 3.40p);
* Cash reserves GBP1.69m;
* Strong growth of 29% in SysCare division to GBP1.035m contracted revenues;
* BIOS Ltd. ("BIOS") acquisition fully integrated;
* Renewal of financial, management and CRM systems;
* Significant awards and accreditations; and
* ANS subsidiary, Smart Identity plc, to float on PLUS.|
|On 27th July they announced the purchase of 1 million shares in Red Squared, increasing its stake to 1.1 million shares 3.88% of the company.
On the same day they also announced the acquisition of the entire issued share capital of Rivington Street Software Ltd ("RSS"), the London-based specialist bespoke website development agency from Rivington Street Holdings Ltd. The consideration was satisfied by the transfer of 1,000,000 ordinary shares of ANS Group's holding in SMARTiD.
I shall be posting their results, when published.
Due any day now.
I anticipate a sharp rise in the share price over the next few weeks, followed by a
slow drift back down, until December's results.
This is the usual pattern for this illiquid stock.
The long term trend in the share price is however ever upwards.|
|Market Cap now £10.83 million
11,834,879 shares in issue
* Operating profit up 10%;
* Turnover up 19%;
* EPS up from 1.8p to 1.9p;
* Cash reserves of GBP1.3m, after GBP50,000 of share buy backs (GBP1.5m
* Proposed interim dividend of 0.75p per share;
* Acquisition of BIOS on 1 August 2006;
* Winner of `Channel Company of the Year' and `Best Mobility Solution';
* Paul Sweeney and Scott Fletcher become Managing Director and Chairman,
* Annualised contract values in excess of GBP1.1m (GBP0.7m 2005).
A North West-based security solutions provider - BIOS
acquired during the year with small change.
* Pre tax profit up 49% to GBP550,000;
* Turnover up 24% to GBP5.1m;
* Earnings per share more than doubling from 2.21p to 4.63p;
* Proposed further interim dividend of 1.4p per share;
* Gross Margin increased 15% from GBP1.7m to GBP2.0m; and
* Cash Reserves increased by 9.1% to GBP1.56m.
Respectable results, happy to keep these tucked away.|
|Latest Results - announced on 13th December 2005
* Operating profit up 54% to *225k;
* Earnings per share up from 1.1p to 1.8p;
* Gross Margin increased from 35% to 36%;
* Cash reserves *1.4m (*1.5m 2004);
* Proposed Interim Dividend of 0.625p per share;
* Novell awarded ANS EMEA Demand Agent Partner of the Year 2005;
* In August, Nigel Wray acquired 24.08% of the issued ordinary share
capital of the Company;
* Strategic Partnership signed with SecureLinx, a Linux consulting
company in Ireland and Novell 'Gold' partner - the first time that
Novell partners have joined forces in Ireland; and
* Since September 2004, shares in the Company have risen from 23p to
79.5p as at the date of this announcement - an increase of 246%.
I've now received the dividend and looking forward to another in six months time.
With the share price currently around 82 pence to buy, they are perhaps fully valued for now. However at the rate they are increasing business,no borrowings, cash in the bank etc etc share price should rise moderately this year.
Market cap now £9.41 million
11,836,512 shares in issue
They have bought back 610,000 shares, and cancelled them, in the last 12 months, this has played a significant part in the shareprice performance.
With 50.5% under management control, Nigel Wray holding 24.08% and
Aberdeen Asset Management holding 3.6%.
2.582726 million (21.82%) ANS shares available for the rest of us.
Your not having mine - well not just yet.
I like the dividend,it keeps increasing.|
|Associated Network Solutions H1 opg profits surge 300 pct
LONDON (AFX) - Associated Network Solutions PLC, an OFEX traded IT solutions
provider, saw first half operating profits surge 300 pct to 145,000 stg, helped
by returns on investments, reduced administration charges and an increase in
Pretax profit for the six months to Sept 30 was 175,333 stg against a loss
of 306,323. The earning per share was 1.1 pence compared with a loss of 2.5 the
The results were boosted by the increase in support revenues as customers
sought the company to assist in implementing IT systems and infrastructure. The
company added market conditions have begun to improve.
A maiden interim dividend of 0.5 pence per share has been proposed, while
the directors have offered to forego 10 pct of their entitlement.
Looking ahead, the company said it remains confident and will seek strategic
The company chairman, Ian Hogg, said, "Although the company will continue to
look for appropriate acquisitions, they will have to provide both a strategic
and financial benefit to the business going forward".
The company is valued at 2.80 mln stg.
20 July 2004
ANSELL ANNOUNCES CANCELLATION OF LISTING
The Board of Ansell Limited ("Ansell") has resolved to cancel its listing on the
London Stock Exchange ("LSE") with effect from 17th August 2004. Ansell has made
this decision because the benefit of maintaining a quotation on the LSE is
significantly outweighed by both the direct costs and the administrative burden
associated with the listing.
Shareholders are advised that Ansell's shares will continue to be listed on the
Australian stock exchange, its main stock market and Ansell's share price
quotations will continue to be available from the Ansell website: www.ansell.com
and the Australian stock exchange website: www.asx.com (code ANN).
Released by: Clyde & Co Media enquiries to:
Solicitors to Ansell Limited Mr. Robert J. Bartlett
51 Eastcheap Company Secretary
London Ansell Limited
EC3M 1JP +613 9270 7152
This information is provided by RNS
The company news service from the London Stock Exchange
|TOKYO (AFX-ASIA) - Sumitomo Corp will team up with Australian firm Ansell
Ltd, the world's largest glove supplier, to establish a joint venture to import
and market industrial gloves in Japan, the Nihon Keizai Shimbun reported,
The Japanese market for such gloves, used in factories and kitchens, is now
flooded with small manufacturers. The venture will aim to seize about 10 pct of
the 40 bln yen market in five years by offering consultations in which clients
will be able to receive custom-made gloves, the report said.
The new company, with a capitalization of 100 mln yen, will be established
within the month. Ansell will take a 49 pct stake, Sumitomo will take 43 pct,
and Shinwa Corp, a nonwoven-fabric producer in Ehime Prefecture, will take the
other 8 pct.
Sumitomo will take on the import operations as well as send over two people
to serve on the joint venture's board, including the chief operating officer.
Ansell is the world leaderin industrial and medical gloves, with a global
market share of about 30 pct and annual sales of 759 mln usd.
|LONDON (AFX) - SSL International, the maker of Durex condoms, was one of the
few gainers on the mid-cap index this morning after a report in The Business
this weekend raised hopes for an imminent sale of its medical unit, dealers
According to a report in the financial Sunday newspaper, SSL is evaluating
bids from three venture capital groups for its medical division, which was put
up for sale earlier this year.
The bids fall in a 200-230 mln stg range, compared to analysts' expectations
for a sale price of up to 275 mln stg.
By 8.30 am, SSL rose 0-3/4 pence to 327.|
|thats it get stuck in.
|if you carry on like this you'll come to a sticky end.|
|you need medical attention|
Serious Fraud Office
5 November 2003
The following amendment has been made to the Statement re.SSL Intnl.Plc
announcement released today at 14:04 under RNS No 5996R.
Accounts were restated in June 2001 and not June 2000 as previously indicated.
All other details remain unchanged.
The full amended text is shown below.
The following statement was released via the Regulatory News Service of the
London Stock Exchange today:
SSL International plc
Six people appeared at Macclesfield Magistrates' Court today, charged with fraud
offences relating to the financial statements of SSL International plc ("SSL")
for the twenty-five months ending in March 2000. The company's accounts were
restated in June 2001.
The case arises out of an internal investigation conducted by SSL in 2001
following which suspected fraud was referred to the SFO who commenced a criminal
investigation, in conjunction with the Cheshire Constabulary, in July 2001. SSL
has co-operated fully with the investigating authorities throughout the inquiry.
Neither SSL nor any of its present employees are to be subject to criminal
Five of the defendants are former executives of SSL. Their association with the
company ended in 2001. The sixth defendant was an executive of AAH
Pharmaceuticals, a customer of SSL.
The persons charged and their former positions are:
1. Iain Charles Douglas Cater (51), group chief executive of SSL.
2. Dieno George (47), ultimately the Continental Europe managing director of
3. Paul Anthony Sanders (39), group finance director of SSL.
4. Christine Ann Davenport (37), UK finance director of SSL.
5. Brian James John Ruane (45), UK sales director of SSL.
6. Colin Francis Wilson (60), purchasing director of AAH Pharmaceuticals.
The charges are:
- False statements by company directors, contrary to the Theft Act 1968.
- Corruption, contrary to the Prevention of Corruption Act 1906.
The case is to be transferred to a Crown Court for trial at a date to be fixed.
The defendants have been released on bail.
Serious Fraud Office, Elm House, 10-16 Elm Street, London, WC1X 0BJ
Press Office 'phone 020 7239 7001/7000 Mobile 0781 807 6688
This information is provided by RNS
The company news service from the London Stock Exchange
|LONDON (AFX) - SSL International PLC announced that it has completed the
disposal of its Marigold industrial gloves business for up to 22 mln stg to
Comasec SAS, a French trade purchaser which is expanding its existing personal
protective equipment range.
SSL said that including redundancy costs, other provisions and goodwill
written off, the transaction has generated a pretax loss of up to 15 mln stg.
SSL said that 15 mln stg was paid in cash at completion with 5 mln payable
in the form of a loan note; in addition, up to 2 mln may be paid by way of
earn-out and proceeds will be used to reduce group borrowings.
The group said that 1,122 SSL employees are transferring to Comasec.
It is retaining its Marigold consumer gloves business and as part of the
transaction has entered into a contract manufacturing agreement under which
Comasec will manufacture Marigold household gloves on SSL's behalf.
"The sale of the Marigold industrial gloves division is another step in our
strategy of simplifying the group's range of businesses so that SSL becomes
focused on healthcare brands such as Durex and Scholl, the world's leading
condom and footcare brands," chief executive Brian Buchan said.
At the same time, SSL announced the appointment of Richard Adam as a
Non-Executive Director and Chairman of the board's Audit Committee, with effect
from Nov 13, 2003.
SSL's interim results for the six months to Sept 30 2003 will be announced
on Nov 20.
25 September 2003
A.B.N. 89 004 085 330
Level 3, 678 Victoria Street
Richmond, Victoria 3121, Australia
GPO Box 772H Melbourne
Victoria 3001, Australia
Telephone (+613) 9270 7270
Facsimile (+613) 9270 7300
25 September 2003.
Company Announcements Office
London Stock Exchange
LONDON EC2N 1HP
We wish to advise that the following documents have been lodged with the UK
1. The Company's Annual Review for the year ended 30 June 2003.
2. Full Financial Statements for the said year.
3. Notice of Meeting.
4. Proxy Form in respect of the Annual General Meeting of the
Company to be held at the Melbourne Convention Centre,
Corner Flinders and Spencer Streets, Melbourne, Victoria,
Australia, at 10.00 am on Thursday 9 October 2003.
These documents may be viewed at the offices of the UK Listing Authority, 25 The
North Collonade, Canary Wharf, London.|
|You need ans.
Sang by Mad Max Bygraves
|LONDON (AFX) - SSL International PLC, the maker of Durex condoms and Scholl
products, is the target of bid speculation, with a US sector giant waiting on
the sidelines until the group sells off its medical division, The Independent
reported, citing market sources.
The paper said that a number of private equity firms are allegedly
interested in buying the business, including ABN Amro Capital and 3i, adding
that the UK healthcare group is expected to update the market at its annual
general meeting next Tuesday.
The Independent said that recent reports have suggested that its wound care
unit, part of its medical division, could fetch as much as 80 mln stg.