Bus.Sys.Grp Share Discussion Threads

[latifs100] 08/3/2006 15:43

johnny.. its started the movement north .. back to 20p.. end this year??? or mbo

[charmer1_23] 07/3/2006 19:30

Purchase of Own Shares

RNS Number:4207Z
Business Systems Group Hldgs PLC
07 March 2006


Business Systems Group Holdings Plc (the 'Company')

Acquisition of own shares

The Company announces that, pursuant to its general authority granted by
shareholders of the Company on 3 August 2005 to make market purchases of its own
shares, the Company made on market purchases of 1,000,000 Ordinary Shares at
11.38 pence per Ordinary Share on 7 March 2006 (to be held as treasury shares).

The Company now holds 1,000,000 Ordinary Shares in treasury and the total number
of Ordinary Shares in issue less the total number of Ordinary Shares held in
treasury following the purchase and non-cancellation of such Ordinary Shares is
83,182,965 Ordinary Shares. This notification is pursuant to the amendment of
the Companies Act 1985 to allow companies to buy-back and hold certain types of
their own shares 'in treasury'.

7 March 2006


Enquiries:

Nick Gerard - Chief Executive 020 7390 8600
James Wheaton - Finance Director 020 7390 8744



This information is provided by RNS
The company news service from the London Stock Exchange

END
POSUUUUPWUPQGPM

[johnnyad] 07/3/2006 10:15

Well looks like your wish has come true Latif ;)

1000000 buy gone through whilst market cap is cash position.

If I were management I'd seriously consider taking this co off market!

J

[latifs100] 22/2/2006 10:18

we need a director purchase to get more confidence in this co.

[cezary] 15/2/2006 09:27

Been on their web site and it seems we cant even download their 2005 annual reports. There's a link but that seems to be all.
I want to check what contracts they have won and their values etc.

have any r ns ever been released?

[latifs100] 30/1/2006 16:31

i reckon 3 yr chart shows 11p bottom... time will tell

[patrickviera] 27/1/2006 21:28

slater also has dwha..but that has quadrupled in 6 years..this hasnt.

[latifs100] 27/1/2006 19:28

if i am not mistaken this was tipped by tom winfrith not long ago.. slater has a big chunk too..

[johnnyad] 19/1/2006 11:52

It would be nice to think we have directors buying at this level!

I'd have put the cash at nearer 9mill, no debt, but yes they will have to replace lost contract after March.

Wouldn't want staff sitting around doing nowt, so new work will be required.
Expect they're out there as we speak doing the business, but who knows.

I was very tempted to buy at under 11p, but have enough of these for now, especially in this market!

If they're not planning on utilising this cash they may as well reduce shares available, in the interest of share holders.

Who knows, it's another waiting game.

J

[latifs100] 19/1/2006 11:25

true.. that 250k sell lead the drop this morning., then 500k bought @ 12.., . there is always a hope for a MBO.

[patviera] 19/1/2006 10:52

latifs..wheres the growth? and what happens if they sign no more contract?prob lose money next year?

[latifs100] 19/1/2006 09:44

the drop from 20p well over done. with 7mill in cash no debts, time to top up i think, any views?

[latifs100] 11/1/2006 14:34

heading for 12p.. graph doesn't look to well, will add more as this moves at a snails pace

[yump] 11/1/2006 09:40

I had to toss a coin almost to decide whether to sell or not, because it must be fairly safe, but am here to make money and hiccups like this can keep money stagnant for quite a while - this was one of my 'steady growth' stocks.

If the small cap. market doesn't pick up much, then there won't be much to be made anywhere, but if it does pick up, imo the money will flow to the 'exciting' companies, so will put it in there instead.

[patviera] 10/1/2006 11:50

not so sure...need to repace the lost revenue..biggest contract lost..cash on bal sheet should limit losses from here though.

[johnnyad] 10/1/2006 10:18

bit of overreaction, as usual to protect mm's.

will have some effect on 2006/7 but probably less than £250k.

expect cash to continue to grow and new services contracts to replace loss.

We'll see no doubt, but I would expect a bounce off 14p

J

AIMHO

[yump] 10/1/2006 10:11

Think I'll get out.
Thought there was potential for some reasonable gains here, solid growth etc.
Not a disasterous statement, but enough to take the edge off it for me, compared to some other stocks.

[patviera] 12/12/2005 13:23

whats going on here..a few buyers around..looks like a few nibblers...have these been tipped somewhere?

[wjccghcc] 06/12/2005 08:17

Um, it's not their contract. It's BILL's.

[liarspoker] 06/12/2005 07:53

Any idea how much the contract is worth CR ?

[yump] 24/11/2005 15:25

LS
Had IBG at 4 and out around 9 cos didn't like the unknown. Then when they announced +40% recently got some at 13 and out at 20 as it had risen by the same amount as the forecast increase.

Normally hold medium / long term, but some stocks seem to go from fair or undervalue to full value in a very short space of time nowadays, in which case I get out as my original target is met. Nice when it happens that quickly !

[patviera] 24/11/2005 15:09

jonny ad...for all those reasons i have built up a large holding in this share btwn 3p and 12p...however 40p you are dreaming....loads of positives -thats why shares have tripled...i cant see where they have bought shares back..director buying much lower down..yes an increase of cash but to get to 40p they need to make much more money.im a happy holder but cant see them at 40p.

[johnnyad] 24/11/2005 12:38

Liarspoker, response was to pv question.

I recond on 24p when I got in at 8p, now with continuation of performance plus a few timely tips etc I'm hoping for around 40p. We'll see where we go nearer that time.

If CR got back in the other day, and if he hasn't lost his touch, I expect him to be looking for 30p+. However, I seem to remember him being in before me, but didn't hang around long enough. Still no doubt he made more on others instead ;)

Good luck all

J

ps Not sure CR will be too Keane on responding to PV now! I wonder who will replace Keane? Maybe PV!!

[liarspoker] 24/11/2005 12:02

Agreed johnnyAD - I didn't say that BSG is bad, I prefer to hold IBG. Lots of positives at te moment for BSG though.

[johnnyad] 24/11/2005 11:59

2 years growth, director buying, increase cash, share buy backs, etc.

Just my views/hopes. Who can say how these things will go, at least they've turned this co around and are heading in right direction.

Patience is the key!

DYOR

J