Johnson Service Share Discussion Threads

[arab3] 07/10/2009 13:15

spread 23.5/24
never seen it that close

[eye2] 07/10/2009 13:05

in for 30000k looks good

[beastman] 07/10/2009 12:20

plus one of just over 500,000 :-)

[cockneyrebel] 07/10/2009 12:10

two trades of 6m :-)

CR

[cockneyrebel] 05/10/2009 21:30

22.55p - sorry :-)

CR

[chrysippus] 05/10/2009 20:35

CR - 2.55! Fill yer boots! :)

[cockneyrebel] 05/10/2009 16:13

I appear to have increased my stake - can buy @ 2.55p, get a 0.25p divi next week and right on the uptrend line here.

Good news today too.

CR

[wskill] 05/10/2009 10:20

Bought a few more on this news 24284 at 22.90p too cheap for this little gem

[master rsi] 05/10/2009 08:45

Certainly good news, it means a good cashflow to find another £5.50m and bring down the debt by £10M......... but is only by £5.5m ?


5 October 2009
Johnson Service Group PLC

Corporation Tax Repayment and Early Repayment of Bank Debt

Johnson Service Group is pleased to announce that it has received a GBP4.5
million Corporation Tax repayment in respect of previous years' tax liabilities.
This, together with operational cash flows, will facilitate a GBP10 million
early repayment of term loans. Net debt at 30 June 2009 was GBP75.5 million and
following this repayment is currently below GBP70 million.

[cockneyrebel] 05/10/2009 07:45

Agree - nice to get a good Mon RNS :-)

CR

[wellset470] 05/10/2009 07:43

Monday-RNS-Just paid down £10 million of debt after a corporation tax refund.Good news.

[wellset470] 04/10/2009 19:22

Greetings all,I am a holder too and am confident of the uptrend.I post very infrequently but like the recovery potential.Regards.

[cockneyrebel] 04/10/2009 19:11

I'm still interested Boobly.

Still in a nice uptrend imo. Might not post here a lot as I'm watching over 40 stocks that I hold and as this is a small holding I might not give it a lot of attention but it's still trending upwards imo.

CR

[chrysippus] 04/10/2009 17:18

Hi Boobly/ all -

Sorry had an extremely intense few weeks -work exploded just as these results came out - I've been through them but not had time to do a full number yet.

SP looks to have firmed up in the low 20s and this could be a good entry point - down from the 25p peak and having formed some base here.

As regards the results, on the plus side (which I still think is strongest), the co stayed true to its indications, delivering good financial results with no nasty surprises. Also, the second half is traditionally stronger than the first which bodes well.

On the down side, the continued revenue decline is disappointing - higher than I'd assumed.

As has been discussed here before, the key benefit of the strong management here is that the reducing revenues are being matched by cost reductions, giving what looks like real underlying stability. This also means that it will be 'lean and mean' when activity picks up.


For the patient, I think this will be a good recovery share but its clearly being slowed down by the recessionary headwinds.
I'm still long here and happy to hold. I'll try and get some time to run a fuller analysis...

Good luck all

Chrysippus

[boobly] 04/10/2009 13:34

Anyone still have an interest here ? !

[mreasygoing] 26/9/2009 00:16

Another great breakout from the channel. Further gains to be had here.

[beastman] 25/9/2009 10:53

So 2 buys this morning totalling 1,396,250 shares and we are down 0.25, sometimes I just don't understand the market !

[8trade] 23/9/2009 15:06

If you look at the trades closely Wins got the order to buy 350k
at best, they chased up the bid and they took a 140k at 23.65p
and then 5 or 6 25k sales at 24p or higher and bits and bobs lower
and filled the order at 25p, nice profit for them in under a hour.

[ojh2kent] 23/9/2009 11:58

beastman everyone thought 30p would be achieved after the results! be patient!

[charmer1_23] 23/9/2009 11:53

Looking very perky today :-)

[8trade] 23/9/2009 11:53

Each to their own i suppose but why are people selling at 23.5p
after a 350k purchase at 25p ?

[beastman] 23/9/2009 11:51

Looks like breakout to me, 30p by end of week in my opinion.

[love it] 23/9/2009 11:48

350k buy at 25p no wonder they took all those sells. lol


Director?

[paragon157] 23/9/2009 11:37

Yes very true .. Lol

[envirovision] 23/9/2009 11:27

lol how no posts unless the share price does something, all good though