Garner Share Discussion Threads

[21richyrich] 27/5/2010 08:11

Pierce Casey, and Jon Moulton (from Alchemy and Dragons Den) are BIG hitters, they will together own 57% of the company, and would not be putting funds in without confidence in the company's future...

Historically such a deal (where well known business people/ entrepeneurs take a controlling stake in a small business) would have led to a significant rerating of the company, with the expectation that over time their business acumen would help transform the business or even enable the company to be used as a vehicle for larger acquisitions, maybe including the sale of the original business.

In todays market such a significant rerating will probably not happen although it will be interesting to see the reaction following press coverage later in the day/tomorrow.....

[geoffsh] 27/5/2010 07:40

EXCITING NEWS.

[shoddy] 20/4/2010 16:59

Good god! a rise, what happened there?

[chairman2] 20/4/2010 16:08

Got all excited seeing it in the leading gainers list up 27% today

then I looked !!!!

[4screws] 31/3/2010 22:15

jaknife you did not answer, are you an investor or not....or have you some hidden agenda that you feel it necessary to pass judgement on others. I have never been personal and maybe respecting others opinions and views would be a better view to take. I have my profit and have been in this since upton and southern days. I have chosen to be back in and even although it has dropped slightly since i got back in, I am happy to wait for this to rise again as I belive it will.

If anybody else agrees with my comments then please post....

[4screws] 31/3/2010 17:33

jaknife...simple economics...i sold when it was high and bought when it was low...so how can that be BS. My current holding is at a small loss granted...but i am confident it will go back up and as It climbs I will buy more, waiting to see how they final service the debt.... you need to be in it to win it.

Now I think that explains that....what say you!!!!!!!!! and PS are you still holding

[shaunjph] 30/3/2010 22:18

I'll have another look at these at some time..................

[4screws] 30/3/2010 22:16

yeah back in.

[shaunjph] 30/3/2010 21:40

Hi...........yeah I took big profits from des and rkh at the end of the summer holidays............very nice.........I'm back into rkh at the moment.....they are drilling next......lots of cash to be made here..........just need to be alert and a little daring.....what are you up to.....back into garner....?

[4screws] 30/3/2010 21:32

hey shaun, hanging in here as I still think in the long run that it will recover... desire has bombed I see...hope you got out in time.

[shaunjph] 30/3/2010 21:26

Hi 4screws.......how are you.............?........I may get back into these at some point.....

[4screws] 30/3/2010 19:39

thats why jaknife i managed to make a profit and then buy back in lower...with the profits
They are a better outfit since the merger and when the economy does pick up they are in a better place than before. my opinion only of course.

[4screws] 30/3/2010 19:34

jaknife ....The Company has also been in discussions with the administrators to BNB
Recruitment Solutions plc (in administration), to renegotiate the original
terms of the acquisition. The Board is pleased to announce that an agreement in
principal has been reached to reduce the total consideration payable, subject
to the Company securing the necessary funding.


so they have successfully renegotiated original terms, therefore in any case the loss will not be as much, we wait and see.

[4screws] 30/3/2010 19:32

jaknife......As a result, the liquidation of
BNBRC will not impact the trading operations of the Garner group of companies.

[linhur] 30/3/2010 18:40

you quite often see profit in the first half of a year. the problem is you do not often see the words "cash profit" together!!

[4screws] 30/3/2010 17:13

However, the
Garner group of companies has made a promising start to 2010 and unaudited
consolidated management accounts show that the Company traded profitably at the
pre-tax level in the first quarter of the year.


Cant recall the last time I saw the word PROFIT with Garner...maybe all is not lost.

[theoriginalwonderstuff] 19/3/2010 20:57

4screws

As an holder of this stock, I wish! See the RNS of the 16th of March on advdn.com

[4screws] 18/3/2010 22:11

linhur is that tongue in cheek...where did you get that info from.

[buggy] 15/3/2010 08:11

4screws,

No idea. Have not really been following it since i managed to claw back my money and some. Just thought that at this share price that it may well be worth another punt. Seeing the issue with Crown liabilities and raising additional fundsing has put me off.

If you are still holding Good Luck... thought the last acquisition could have been the tipping point...if economy starts to improve and recruitment picks up you might well do okay.