|Bns Telecom Group
||EPS - Basic
||Market Cap (m)
Bns Telecom Share Discussion Threads
Showing 476 to 495 of 500 messages
|bns day has come at last.................... goodbye!!!!!!! good riddance
aim delisted, cannot get credit , countless writs against them
|Daisy has continued its quest to consolidate the UK SME telecoms sector with the £10.45m acquisition of BNS Telecom Group, its second buy-out in 10 days.
The Lancashire-based firm announced today that it has agreed a cash deal to acquire BNS' fully diluted ordinary share capital at a price of 20p per share. BNS operates as a voice over IP (VoIP) carrier, as well as reselling hardware, data, services and fixed and mobile lines and minutes. The Northumberland-based company delisted from the Alternative Investment Market (AIM) last year.
BNS has 8,000 customers and posted EBITDA of £3.2m on sales of £36.9m in its last fiscal year. Daisy claims its acquisition will bolster its standing in the reseller market.
The acquisitive telecoms specialist added that BNS' VoIP offering would provide a wealth of opportunities to cross-sell lucrative long-term contracts into its existing customer base. The acquisition also includes BNS subsidiary 3g Comms, a mobile specialist holding Vodafone's Premier Service Provider badge.
Daisy has made no secret of its desire to consolidate the SME and mid-market telecoms arena and today indicated that the fragmented nature of the market would provide many more acquisition opportunities. Since floating on the AIM last year, the firm has embarked on a buying spree, including deals for AT Communications, Eurotel, Redstone Telecom and Managed Communications, which was bought for £6.3m last week.
Daisy chief executive Matthew Riley said: "This offer makes great sense for Daisy, given the scale and position of BNS within the UK SME market. This acquisition will strengthen our position in the reseller market and is another step towards Daisy consolidating this fragmented sector."|
|true!!! big pierce brosnan so he thinks ( gary moat) got away with the £800k min, ironic is i have list of senior sales staff and all there mobile numbers are dead now and i believe they are now no longer.
when i left they went and rewrote all my business on longer finance deals without advising the customer, all they said was mistake on paperwork and needed resigned and i was no longer with them ,
lets put it one way there finance company will now know what they were up to for years, there competitors and the fact that there credit rating with all agencies now is £0....... who is going to touch them?|
|Who is "they" though? Sounds like the CEO got away with £800k and could well have used that to pick up a bigger share of the company for nothing. Certainly good for him, good for his property company and mey even be good for BNS employees it it secures their futures. Pretty bad if you are one of the unfortunate few other shareholders though. CEO will be laughing all the way to the bank though and it looks like he has manouvered himself out of a big mess now that he won't have to pay back the £800k. Nice!|
|i told you all ages ago................. they deserve everything they get....|
|Bad news if you're have shares in these suckers
* Current lack of liquidity in BNS shares
* Directors consider Company's current market capitalisation to be
disassociated with inherent value of Company
* The ongoing costs of the Company's shares being admitted to trading on AIM
now outweigh the benefits to the Company
The results are so good they are delisting and no one will ever know if the CEO pays the £800k loan back.|
|RNS Number : 6267R
BNS Telecom Group plc
01 May 2009
BNS Telecom Group plc
Posting of circular to shareholders
Further to the announcement by the Company of the proposed cancellation of
trading on AIM of the Company's ordinary share capital, a circular, including a
notice of a general meeting to consider the required resolutions, has today been
posted to Shareholders.
A copy of this circular is available on the Company's website at www.bnsplc.com
| BNS Telecom Group plc | Tel: 01661 839 554 |
| Andrew Goldwater, Finance Director | |
|is this worth a punt at this level?|
|BNS Telecom Group plc
Interest in Shares
The Company has today received notice that Garry Moat, the Company's Chief Executive, has today pledged the 30,021,217 ordinary shares of 0.1p each in the capital of the Company (representing approximately 59.9 per cent. of the issued share capital of the Company) in which he has an interest in favour of HSBC Bank plc as security for a loan ('Pledge Shares').
There is no change in his overall shareholding in the Company. Mr G Moat continues to have an interest in 30,021,217 ordinary shares of 0.1 pence each in the capital of the Company representing approximately 59.9 per cent. of the issued share capital of the Company.
BNS Telecom Group plc
Andrew Goldwater, Finance Director
Tel: 01661 839 670
KBC Peel Hunt Ltd (Nominated Adviser & Broker)
|The bad news has not even started yet, if there is no lease system then there is no cash flow!! if no cash flow then no business, be careful !!!|
I'm not looking long term, i've managed to get a little bit of stock
where this is virtually none, i'll patiently hold and wait for a squeeze
and then hopefully take my profits, if it happens next week then great, if
it takes a few months then so be it but as long as the company keeps
generating those levels of cash i'm hoping all the bad news is out now.|
|Well that could be a nice little nest egg for the future and prob sensible in the present climate, well LloydsTSB today! Yes heavily invested there......!!|
|Picked up 10k martin, not a lot is it, there's so little stock around.
My trade not showing though !|
|8Trader - agree on the reputation part and just hope from the thread that things are changing for this company as I have watched by stock of BTP drop from around 60p to as low as 5p so maybe things are really changing for the better!? We will have to wait and see and then I could buy more and average my price.....|
BTP is on my monitor, i think the rise is due to the fact there is
so little stock around, when it was 6-7p i tried to buy but could
not get a thing online and when i was in the process fo trying via
the phone the offer went to 8p.
If the spread narrows i might have another try, like the cash generation
part of the business, i see it has a bit of a bad reputation though in the
past so if i do buy i will keep it small.|
|0.25p increase worth 4% anything going on? or is it the sentiment that things are looking a little steadier and BNS on the right track now?|
|Yeah I doubt the future is bright, the problem with this company is the CEO, and the general lack of business sense, I predict general bad times for this company because of the lack of availability on the leasing market at the moment, I hope that when the wheel stops turning not too many people are affected.|
|Looks like the large 150k buys are linked to another director. Heard good things about Horton. If the CFO is starting the steady the ship, despite the plundering of £800k by the CEO to save his property business, then things might start to look good there. Sounds like they have the technology sorted out. They got rid of the dodgy Wilson and now if they get rid of their dodgy CEO there could be bright future at BNS. Could be worth a flutter these shares. If they can come out of the other side of the recession intact then there could be a bright future ahead.|
|Well £3k plus £9k in the SIPP is worthwhile and maybe more to come, we will have to wait and see. Yes I had heard the 3g business based in Birmingham was doing rather well......|
|But some large buys also.
BNS Telecom says prospects favourable
LONDON (ShareCast) - Telecom services provider BNS Telecom (LSE: BTP.L - news) said its prospects look increasingly favourable as it posted a 23.9% rise in revenue and narrowed net losses.
Net loss narrowed to £2.3m from £3.5m, with last year's figure being hit by a £5.9m loss from discontinued operations. On a pre-tax level, it posted a loss of £1.2m versus profits of £2.2m last time, reflecting the change in its sales mix towards IP-based products and the profit on sale of land and buildings in 2007.
Revenue from continuing operations increased to £32.48m from £26.2m, following the acquisition of 3g in 2007.
"Our strategic shift to IP telephony has continued to translate into strong cash generation and a growing long term customer base with the associated jump in deferred income. Our debt has fallen by almost £1 million in the first four months of the current financial year," it said.
"As well as high levels of recurring revenues from a broad and diverse business customer base, the business critical nature of the Group's products and services means that it is less vulnerable to cuts in business' discretionary expenditure," it added.
Certainly look like they are now heading in the right direction and this strategy of using the leasing company is paying off.|