Opsec Security Share Discussion Threads

[diku] 17/8/2009 13:20

guys...something going on here...

possible contract news?..

[cestnous] 10/8/2009 14:53

Don't understand this rise.

[cestnous] 03/8/2009 16:42

Results out on webb www.opsecsecurity.com
Don't look nice. Any opinions?
Not in yet.

Nous

[cestnous] 20/7/2009 15:10

Up nearly half the March drop on no news??? Got to be insider trading methinks. RNS tomorrow?

[harrogate] 20/7/2009 12:58

Hi. I agree that they did seem to be close to the facility limit but they did have a good chunk of cash as well ( though given the increase in creditors this seems to have been produced this way ). I can't belive that RBS would have renewed the facilities albeit at a higher price and shorter renewal date if they were not happy with the current cashflow expectations ... If trading improves they could be back to 30p in next 12 months ... I would settle for that - They are still being looked at as a potential acquisition by a competitor though price is an issue.

[arthur_lame_stocks] 20/7/2009 12:51

I've still got a bit of a soft spot for this mob for some reason, I think there's a good business in here waiting to come out in a recovery, but I wasn't happy with the lack of headroom they appeared to have with their bank facilities.

If I was sure they were safe for the next 18 months then I reckon 10p is a steal.

[harrogate] 20/7/2009 11:31

They have already announced that funding has been sorted ... it was in the prelim announcement on 2nd July - I think people are cottoning on that it could be cheap if they steady the ship ...

[seahorseleisure] 20/7/2009 11:14

Harrogate

Something appears to be up here!

I'm guessing that the company must have agreed (or be near to agreeing) funding with banks or the like and those in the know are buying.

Seems hard to believe that a big seller has stopped selling as this wouldn't necessarily mean that there would be any extra demand.

Cheers

[harrogate] 20/7/2009 09:50

Just tried to buy a few more of these... not easy to do - got 10,000 at 12p and was offered the next 5,000 at 13p !!! - I think all the available shares have been taken over the last week or so. Still think we have a deal to be done here - Not sure I will get my money back but might closer than I thought a month ago

[bibs] 04/6/2009 09:58

Boom - get some of your cash in to buoy it up!!

[dipso] 02/6/2009 09:13

Thanks harrogate, I hadn't seen that.
In my diary now.

[harrogate] 02/6/2009 08:43

Website says 2nd July

[dipso] 02/6/2009 08:40

Results have been first Wednwesday in June for last 2 years, so could be out tomorrow.

[harrogate] 07/5/2009 08:22

I agree entirely.

[arthur_lame_stocks] 07/5/2009 08:18

I think there'll need to be some clarification wrt the financing/covenants before these go anywhere.

[harrogate] 06/5/2009 14:05

That last trading update was prertty poor so we are in for along haul here I think.. Interestingly a bit of volume and price movement in last 2/3 days.

[diku] 12/3/2009 17:13

Can someone tell me why the insiders are able to buy the shares from the trustees at a lower price than the open market price?...

[diku] 12/3/2009 12:32

Zip...I agree this sort is happening all over the PLC world...did the directors buy shares with their own cash? and are they suggesting they were not aware at all of today's info?...I very much doubt it...truyly misleading and deception here...FSA is far too busy sorting out the financial sector...they too are all over the place...who is regulating the FSA?...

[zipstuck] 12/3/2009 12:19

Whose up for a complaint to the FSA on this one.

This announcement should have come out before the directors extinguished their deal with OSG to buy shares potentailly in their behalf imho

It stinks

[diku] 12/3/2009 11:18

now we know why the shares did not repond much despite Directors buying...

[topvest] 12/3/2009 09:55

What a "balls-up". They certainly mis-timed their "leverage-up" strategy spectacularly badly. The CEO buying shares was a bit odd a few days before a profit warning. Oh well, can't be accused of profiteering I suppose.

[felix99] 12/3/2009 09:29

lol great director buiying that - really got a handle on his business :-)

[bearfoot] 12/3/2009 08:54

Looks like curtains to me. Their bankers are RBoS and I can't see HM gov giving priority to OSG now that it is now run out of the US.
Seems like the acquisitions were in the LTSB-RBoS category and have succeeded in blowing the companys cash and taking it potentially down. I can't see this recovering in the circumstances...and if there was a chance of that then surely the management would buy out the opportunity now that the cost of doing so is peanuts.