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PHSC Phsc Plc

22.00
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Phsc Plc PHSC London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 22.00 08:00:00
Open Price Low Price High Price Close Price Previous Close
22.00 22.00 22.00 22.00 22.00
more quote information »
Industry Sector
SUPPORT SERVICES

Phsc PHSC Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
16/11/2023InterimGBP0.007521/12/202322/12/202312/01/2024
08/08/2023FinalGBP0.0128/09/202329/09/202313/10/2023
22/11/2022InterimGBP0.00522/12/202223/12/202213/01/2023
02/08/2022FinalGBP0.00529/09/202230/09/202214/10/2022
23/11/2021InterimGBP0.00523/12/202124/12/202121/01/2022
29/07/2021FinalGBP0.00530/09/202101/10/202115/10/2021
24/11/2020InterimGBP0.00531/12/202004/01/202126/02/2021
20/08/2020FinalGBP0.00501/10/202002/10/202016/10/2020
03/12/2019InterimGBP0.00502/01/202003/01/202028/02/2020
19/08/2019FinalGBP0.00526/09/201927/09/201911/10/2019

Top Dividend Posts

Top Posts
Posted at 22/2/2024 14:57 by lehibou
Marlowe (MRL) disposal.Is this of any significance to PHSC ?
Posted at 02/12/2023 23:26 by lehibou
Also the security division, that was a drag on profits, now looks to have turned the corner.If the cash flow continues to increase then I would not be surprised for a combination of increased final dividend and further buy back. Perhaps too optimistic, but the directors have a large percentage of their holdings in tax efficient rappers and the IR have dramatically reduced normal tax free dividends. A yield of 8% as well.Solid,high income,small companies are difficult to find.An earnings enhancing purchase would also help.
Posted at 01/12/2023 17:13 by ntv
THE COMPANY HAS RECENTLY INCREASED IT'S INTERIM DIVIDEND BY 50%
LAST YEARS FINAL WAS INCREASED BY 100%
NETT ROLLING DIVIDEND IS 1.75p
SMALL BUYBACKS APPEAR TO BE CONTINUING WHEN THE NETT CASH BUILDS UP AND THEY THEY HAVE NO OTHER USE FOR IT
TWO DIRECTORS HAVE PLENTY OF SKIN IN THE GAME
Posted at 17/11/2023 06:50 by russman
nice divi.
Posted at 16/11/2023 07:26 by ntv
Nice increase in dividend at the interim stage
Nett cash building again
Posted at 08/8/2023 08:30 by zangdook
I should have bought back in in anticipation of the buyback, if not the dividend hike. The MMs were on the ball this morning.
Posted at 21/1/2022 10:38 by value hound
Yep - and it's divi payday; double-whammy :-)
Posted at 13/10/2021 08:02 by ntv
CJ, thanks for updating your view
I have not added but sold a few at around 23p a while back for someone I help with investments because they were paying for some building work but this was across the general portfolio
It seems it doesn't take a lot to move it back as you M say which is a bit weird
and as L says lets hope the security division can improve with the new contract.
If things have improved maybe we will get another buyback or even an improved dividend
on the next results
Posted at 09/10/2021 08:37 by microscope
Thanks CJ. Interesting that two or three hefty (by PHSC standards) sales moved the price marginally lower but it only took 10k to see a move back up.With the AGM now done, I wonder if the MMS are anticipating the new buyback authority to be enacted fairly quickly....
Posted at 27/5/2021 03:35 by bozzy_s
Microscope re NAV / NAV per share. You're correct; the NAV per share would increase if they buy back at less than the balance sheet NAV per share. Simplified example:

Company has £5m of net assets, including £1m of cash

Company has 1,000,000 shares, giving a NAV per share of £5

Company buys back 200,000 shares at £4 each

As a result, they now have 800,000 shares and net assets of £4.2m, including £0.2m cash

NAV goes up to £5.25 per share


Dave4545 re goodwill. It looks like much of this is due to businesses PHSC has bought over the years. Anything paid above their NAV would go onto PHSC's balance sheet as intangible assets, along with any intangibles on the acquired business' balance sheet. Simplified example:

Company A makes an acquisition of Company Z, paying £3m in total

Company A has net assets of £10m, including intangibles of £6m

Company Z has net assets of £2m, including intangibles of £1m

Company A still has a net asset value of £10m, but it now includes intangibles of £8m. The net assets stay the same as it spent £3m cash, and got £1m of tangible assets + £2m of intangible assets in return

PHSC's intangibles probably include some business startup / merger costs which can't be put through the Profit & Loss account, plus software development costs etc.

Personally I'd write off intangible assets when making the NAV calculation (I'd go for NTAV - net tangible asset value). For PHSC the intangibles make up about 60% of NAV.

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