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PCL Pinnacle

0.875
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Pinnacle LSE:PCL London Ordinary Share GB00B1899T70 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.875 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Pinnacle Staffing Share Discussion Threads

Showing 51 to 72 of 200 messages
Chat Pages: 8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
18/12/2007
09:52
End of year selling and negative sentiment isn't helping here. Conditions for the NHS are a lot better than they have been for a while now. NHS trusts are now running healthy surpluses compared to big deficits last year. We need to see how PCL are performing operationally. They had issues with criminal background checks. Hopefully that will have been resolved now. Next set of results should allow an opportunity to get back on board if the above issues have been resolved.
nickcduk
18/12/2007
09:40
The new doctors contract is under negotiation. Maybe that has gone badly for them.
purav
18/12/2007
08:43
I keep looking at these to get in - what the hell is going on

Can't help feeling something is up here now - Any thoughts?

harrogate
12/7/2007
07:15
Further 6% @ open
stromboli
10/7/2007
15:26
Someone must have bought a few, or news on horizon.
stromboli
13/6/2007
06:44
Certainly pleased that I didn't chase these. They don't seem to have any revenue visibility at all and it looks as if the CEO wasn't good enough.

Starting to look cheap but maybe a bid is the best hope - they have some good brands from what I see

harrogate
12/6/2007
21:04
not the best trading statement I've ever seen!
catandcrow
12/6/2007
06:35
some people have a long way to fall..... chief exec of NHS scotland to chief exec of a small failing group!
amberspyglass
11/5/2007
18:18
A good write up and some larger trades today - are you investing Aim-Tader?
catandcrow
04/5/2007
11:42
Been away - good to see the director buys & back on a better valuation. Director buys suggests no approaches but I see this as a target in the medium term.
catandcrow
03/5/2007
08:49
Another day, another director buy. Its all coming together for PCL at the moment. Sector is coming back into vogue, directors buying and still a modest valuation should mean plenty more upside once we get further proof of recovery.
nickcduk
01/5/2007
18:12
Some more director buying is never a bad thing. Large lines of stock are also going through which will clear out all the ex Nestor holders who no longer want to hold a position in PCL. I think PCL is still attractively valued versus its peers when you consider it is almost debt free and the others are far from being so.
nickcduk
28/4/2007
19:29
The sector as a whole has had a good week or so. Healthcare Locums put out a decent set of results and said conditions are improving. As the new financial year for the NHS started in April I would imagine those cash strapped trusts who had spending freezes for last year are now spending again. PUG selling off their Locums division brings about further consolidation as well.

HugePants - Thanks for the suggestion. Im a little worried about ongoing cashburn and the present cash position. I really don't like Biotechs either and the prospect of a reverse takeover by another biotech doesn't fill me with glee. Good luck if your already in though.

nickcduk
27/4/2007
13:45
Nickcduk

Sorry off topic. Evolutec (EVC) may interest you (I see you did well out of PIX). Its another cash play (in talkover talks with several parties). Share price 18p to buy, cash of 30p at end December. Its basically a failed biotech. Cash burn was very high last year but it was outsourced so easily stoppped when 2 drugs failed.

hugepants
13/4/2007
06:54
Email sent - thanks
harrogate
12/4/2007
18:23
I had a chat with the FD today. He said that they themselves and the sector as a whole are having problems supplying staff to meet demand. This is because of the new regulatory checks that have been introduced for nurses. These are taking much longer than anticipated because of delays from the CRB in providing background check results. It hasn't resolved itself yet so the first half may be a write off rather than just Q1. The new compliance laws have had the added benefit of a large number of companies pulling out of the framework agreement. I think he mentioned 20 had dropped out already. The cost base is being reduced on a continual basis.

Brewin Dolphin issued issued broker research on PCL today and thats why we had a few buys. I have a copy and can forward it on if you drop me an email at rgraudio@aol.com. There is still a large overhang in the stock but its pretty attractive at current levels as I think 2008 forecasts are way too conservative.

nickcduk
02/4/2007
16:25
Think this website is new:
catandcrow
28/3/2007
11:45
Still watching this - TBH was a bit disapponted with the results - thought they might have got the cost base down lower than they seem to have done as per their outlook thoughts for 2007 - Q1 will be a problem for the H1 figures so might have to wait until later in year for a rerating - Great to see debt down so much and so looks fairly cheap, having said all that.

It will be rated lowly because recruitment businesses tend to be and the NHS area is still a bit scary

Given the low levels of holdings it would be good to see the directors pick up a few at this level

harrogate
27/3/2007
09:11
The results do need a little more investigating before a better picture emerges. The true operating profit if you strip out goodwill was 705k and interest payable was about 55k. That leaves a clean pre-tax profit of 650k. After tax that equates to 455k for the period or 0.52p. That was for roughly 4 months and if you annualise that it works at close to 1.5p.

The first quarter trading being tough was a little disappointing but the outlook statement is pretty bullish. The new 4m contract has started which will help this years figures. Further benefits of the cost cutting will show through later on in the year as well. Most impressive of all was the excellent work done on reducing debt and improving working capital. Its virtually debt free now which will allow it to make small bolt on acquisitions.

nickcduk
27/3/2007
08:48
Pinnacle Staffing Group
Period from Sep. 5, 2006, to Dec. 31, 2006
()=Loss/Debit
Figs in GBP'000 and pence (p), unless otherwise stated.
2006

Revenue 17,967
Gross profit 3,910
EBITDA 795
Pretax profit 365
EPS 0.29p
Dividend nil

Good EBITDA for 1/3 of a year versus market cap of £8m and little debt

catandcrow
27/3/2007
08:10
Turnover seem very low compared to the admission document?

EDIT - missed what period it was for - good results at fist glance.

catandcrow
26/3/2007
21:27
Results out tomorrow?
catandcrow
Chat Pages: 8  7  6  5  4  3  2  1

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