Prime People Share Discussion Threads

[jeff h] 01/6/2012 14:05

Results ok, interesting comment about the cash:-

"The Company continues to hold a substantial cash balance. The Board is continually assessing the most appropriate use of surplus cash generated by the Company. Historically this has focussed on developing new business lines organically and more recently on a program of share buyback. Possible acquisitions have been investigated every year but as yet, none has met the Company's stringent criteria, which include ensuring that scale of transaction should not have the potential to destabilise our continuing businesses and risk associated with acquisition should be minimal. The Board considers that cash needed to complete current growth plans is more than adequate. Accordingly, subject to trading conditions, the Company expects to continue to return cash to shareholders via its annual dividends and by other means when and if appropriate"

[jeff h] 04/6/2011 12:45

Aye it would be disappointing if all the cash went on acquisitions.

Prime Insight started from scratch seems to have been a success and their other new businesses in the environment sector etc offer promise.

They do say though:-

"...it is our strategy to broaden, whether by organic growth or acquisition, the recruitment service that the Group provides..."

...so might get a mix of organic and acquisitive growth.

[puffin tickler] 04/6/2011 09:05

Yes, the results more than justify the SP, agree re use of cash, hope management don't decide to splurge it on acquisitions. I would prefer them to run and grow the business from the inside, they seem good at that.

[jeff h] 03/6/2011 12:58

A good set of results and the current year should be better.

I wonder what they'll do with all the cash?....25p a share now and growing.

A special div would be nice.

[valustar1] 12/11/2010 21:42

Issue to me is future visibility of earnings

What we need is some forecasts but don't think company confident enough to give any

Hence no outlook in results

Does not mean not a cracking company however

[jeff h] 12/11/2010 14:13

Yeah still here...nice to see the start businesses making good progress.

[puffintickler] 12/11/2010 13:49

The results are as good as expected if not better. Nice to see a decent rerating and good prospects.

Is anyone there?

[valustar1] 08/9/2010 15:32

What i was hinting at is that its wrong to persume no one has bought any just by looking at the ADVFN trade data

They dont report PLUS trades

In actual fact the reason why the price is going up is because there are buys but on PLUS

not much however

[lcairns1] 08/9/2010 15:27

here you are. hope the link remains valid with the transfer

[lcairns1] 08/9/2010 15:23

i had looked, but i have no idea of how to amalgamate the volumes. the volume on plus appears lower than on the LSE

[valustar1] 08/9/2010 15:12

perhaps they have via Plus

Have you looked

[lcairns1] 08/9/2010 09:23

imagine what might happen if anyone actually bought some

[jeff h] 07/9/2010 13:07

skyracer - hope you're right about the upside surprise!

92p is my average buying price so a share price surge might get me back into the black.

[skyracer] 07/9/2010 11:54

Hmm, is this the Staffline (STAF) effect?

Prime People seem very undervalued too and look likely to provide a big upside surprise in their Interims or the trading update that will precede them.

[jeff h] 04/6/2010 10:53

The recovery continues with a couple of interesting new businesses started.

[jeff h] 19/3/2010 00:27

Yes moves fast and is illiquid...bit like your Western Selection topvest...I tried buying that some time ago and was quoted about 50% over the Offer price for about 5 grands worth!

A 500k trade went through today....over 4% of the company...I wonder who's
been buying and selling...RNS will reveal all.

[topvest] 18/3/2010 20:36

I was looking at getting back in here..annoyed!

[jeff h] 18/3/2010 20:07

500k trade today as well....that's over 4% of the company

[barn owl] 18/3/2010 09:00

Prime People is now primed for a recovery in 2010 and beyond
Bought a few recently
Please DYOR before making any investment decision
Company information website



Prime People plc is the parent company of Macdonald and Harper Craven
For more information please visit;

and

[jeff h] 18/3/2010 08:55

Well they say every dog has its day....waited so long for a bit of good news
...unless I'm "barking" mad...looks as though the company's prospects may well have turned a corner

[puffin tickler] 23/10/2009 13:14

yes, but why?

[tomboyb] 23/10/2009 12:44

looks cheap . up 40% so far.

[empirestate] 03/5/2009 16:31

this one looks like the worst is over, finals won't be all that but sure that is all priced in. brokers already priced in the lower 09 earnings. think worth a 3 month play

[skyracer] 21/11/2008 11:47

Prudent to drop dividend. Agree with this. Cant tell where PRP is going to go now but have accepted that second half eps will probably be zero. Low debt, cash in bank, competent mangement imo, PRP should probably survive the recession. But they must ruthlessly cut admin expenses immediately as necessary, otherwise the cash will disappear. At some point PRP should become a screaming BUY. But not yet. Seems long time since 100+p.....

[mctmct] 24/6/2008 09:19

IC says Good Value. Highlights overseas offices.