Strontium Share Discussion Threads

[raw1066] 29/3/2011 10:26

so they got their court approval for what!!!!

You know, what goes around comes around.

I hope this company goes into administration down the line.

I hope this board lose their homes in the process.

[raw1066] 05/3/2011 19:04

Looks like they have shafted the shareholders.

So much promise but turns out the board are a damp suqib.

Plus wheres the share buy back or dividend payouts then.

Probably trying to find a way of creaming the money off for themselves

[solly3670] 16/2/2011 22:06

What the heck is wrong with the board of STTM. They have the court approval so what is keeping them?

Probably trying to find a way of shafting the shareholders.

[solly3670] 21/1/2011 20:52

3 very polite emails sent over the last week and 2 phonecalls made.

First phonecall answered by a very snooty and rude lady and the second call answered by a polite gentleman who replied that Mr Barker had received my email and would be responding. The email to him was sent last Friday and to date, no response.

Another board who have total disregard for their shareholders...

[solly3670] 18/1/2011 21:31

I thought that they would be making an announcement soon with regards to the share reduction/buy back.

They did say that a decision would have been made on 16 December 2010.

Its been over a month so something must be going on behind the scenes surely.

Hopefully, news soon then.

[sidarthur2] 28/10/2010 12:30

you're out of the loop sonny

live with it

[scott84] 28/10/2010 12:27

PW.

I'm not robson, send advfn a email, they check ip addresses, i'm not
in.

You should be giving topinfo grief who has just dumped a load of stock
after holding less than 10 mins.

I love it how they all defend each other.

[scott84] 28/10/2010 12:23

4 x 10k sales in seconds.

Unreal, the pump and dumpers are out already !

Shameless

[scott84] 28/10/2010 12:21

LOL !

moreforus - 28 Oct'10 - 12:17 - 14455 of 14457


STTM

16-17p

wake up peeps

forget the rto inverse cash shell that your dog has selected when drunk and blindfolded at last nights big booze up...

"a real company with results..."

They are just shameless, if you multiplied the company by 3.5 times you would get 700k of profits, the company i have makes 2 mil, generates a load of cash and will make increased profits this year.

They dont have a clue when it's spotting value !

[scott84] 28/10/2010 12:18

LOL

All the usual suspects from the CR pump and dump mining squad are on the
case !

Wonder who will get trapped this time :-))

[scott84] 28/10/2010 12:12

It's Bolx from topinfo again.

When profits are tiny then %'s are always going to be fancy.

Yeah there's nothing wrong with it's fundamentals but he makes out
they are something special.

A 2 mil company making 200k is nothing special at all, i'm in a 7 mil
company making 2 mil a year and there's plenty of others like that
around, i doubt it will be able to increase the profits a similar
amount again.

Just yet another daily topinfo pump and dump be warned.

[morkandmindy] 28/10/2010 12:09

You cant take away the fundamentals though. This is now a very cheap stock IMO.

[scott84] 28/10/2010 12:07

Careful.

Topinfo Rns pump and dump coming.

[morkandmindy] 28/10/2010 12:07

WoW! Tremendous bargain this one! Massively undervalued. DYOR etc

[topinfo] 28/10/2010 12:04

DJ Strontium PLC Final Results

TIDMSTTM

Strontium Plc

("Strontium" or the "Company")

Preliminary results for the year ended 30 June 2010

Profit before Tax up 437% and Revenues up 37%

Strontium, the AIM listed consultancy specialising in the identification and development of high growth potential SMEs, announces its Preliminary Results for the year ended 30 June 2010 ("FY10").

HIGHLIGHTS:

* Strontium remains profitable, debt free and cash generative.

* Like-for-like revenues on continuing operations increased by 37% to GBP 2,369,178 (30 June 2009: GBP1,729,588).

* Like-for-like profit on continuing ordinary activities before taxation increased by 437% to GBP198,461 (30 June 2009: GBP36,957).

* Like-for-like total earnings per share on continuing operations increased by 429% to 1.48 pence (30 June 2009: 0.28 pence).

* Cash in bank increased by 126% to GBP657,755 (30 June 2009: GBP291,025).

* The Australian subsidiary, The Learning Eye International PTY Limited, was sold to local management on 30 June 2010 for a net gain of GBP84,444 to the Group, resulting in an overall profit from this discontinued activity of GBP 63,491.

* In September 2010 the Company launched The Learning Eye (Switzerland) AG, based in Zurich, to support the Company's growing business in Europe.

Following the sale of the Australian operation on 30 June 2010 the results for the previous year have been adjusted to excludethe performance of this operation from thecontinuing business.

Chairman, Michael Metcalfe, commented that he is pleased to report on FY10 during which the Company made a substantial profit. The reorganisation and concentration of the business into two main units Miad UK Ltd, a leading NHS-dedicated non-clinical training, development and education consultancy, and The Learning Eye Holdings, a research, education and communications agency, has led to continued improved performance.

Strontium is continuing its overall strategy of seeking and acquiring SMEs with growth potential that can be transformed to achieve significant growth.

ENQUIRIES:

Strontium plc David Barker Tel: [phone]

Cairn Financial Liam Murray Tel: [phone] Advisers

SVS Securities Ian Callaway Tel: [phone]

Yellow Jersey PR Dominic Tel: [phone] Barretto

STRONTIUM PLC

CHAIRMAN'S STATEMENT

The Board is pleased to announce that sales, cash and profitability continued to grow during the second half of the financial year ending 30 June 2010 ("FY10").

Revenues on continuing operations increased year on year by 37% to GBP2,369,178 (30 June 2009: GBP1,729,588) and profit on continuing ordinary activities before taxation increased year on year by 437% to GBP198,461 (30 June 2009: GBP36,957).

The Australian operation was sold to local management on 30 June 2010 for a net gain of GBP84,444 to the Group, resulting in an overall profit from this discontinued activity of GBP63,491. The results for the previous year have been adjusted to exclude the performance of this operation from the continuing business.

Total earnings per share on continuing operations up 429% to 1.48 pence (30 June 2009: 0.28 pence).

Cash increased by 126% to GBP657,755 (30 June 2009: GBP291,025).

Strontium is continuing its overall strategy of seeking and acquiring SMEs with growth potential that can be transformed to achieve significant growth.

Acquisitions and Disposals

Recognising the market conditions and the need for our management to focus on and maximise returns from existing businesses, the Board took the view that it would be unwise to make any acquisitions in FY10.

In February 2009, The Learning Eye Holdings Ltd ("The Learning Eye") established a wholly-owned subsidiary in Sydney, The Learning Eye International PTY Limited ("TLEIPL"), to respond to the increasing global opportunities with our clients and within the Australian economy. On 30 November 2009 Ian Seggar, a director of TLEIPL, purchased 10% of TLEIPL. TLEIPL grew and by May 2010 the Company had lent TLEIPL GBP124,000. In June 2010, Ian Seggar offered to repay this loan in full, assume responsibility for all the assets and liabilities of the business and purchase the remaining 90% of TLEIPL for GBP67,800. In addition Ian Seggar agreed to renounce his rights under the earn-out agreement of April 2008. After due consideration, the Board accepted this offer and the sale was completed on 30 June 2010. This sale generated a net gain of GBP84,444 to the Group, resulting in an overall profit from this discontinued activity of GBP 63,491.

Although this subsidiary has been sold, the Board remains keen to forge partnerships in Australia and will continue to market its Miad medical training products in Australia.

As reported to the market on 28 September 2010 The Learning Eye Switzerland Ltd was formed in Zurich to increase our presence in Europe and to show commitment to our existing and future Swiss clients.

In April 2010, the Board authorised David Barker to negotiate a full and final settlement of all the outstanding earn-out obligations to Jo Parker Swift (the former owner of Miad) under the terms of the purchase agreement of 11 April 2007. These obligations were settled by way of a cash payment of GBP75,000 on 29 May 2010.

Currently, there are no outstanding earn-out obligations in existence in any Strontium group company.

Business Environment

The business environment for all SMEs continues to be demanding and the Board expects this situation to continue.

The Board acknowledges that the Government will be cutting public sector budgets in the immediate future. Although much of healthcare spending has been ring fenced, the changes in the NHS and the general uncertainty could affect the performance of Miad during 2011. However, our investment and focus on cost-effective delivery mechanisms for training will go some way to mitigating the effects of any cuts.

The challenges faced by the corporate clients of The Learning Eye persist. However, the enhanced e-learning capability should improve the trading performance of the business during 2011. Although there have been some positive signs of improved market conditions, uncertainty could continue to inhibit growth. Despite this the Board believes that, with the streamlined and reduced cost base and the innovative products designed by The Learning Eye, combined with the operation in Switzerland, The Learning Eye is well positioned to grow.

During 2011 the Board will continue the strategy of streamlining its investments and trimming costs. It will also continue to invest in technology to increase the product capability of both Miad and The Learning Eye. The Board will also seek out and hire the highest quality personnel to deliver services to our clients in the most creative and cost effective manner.

In the current environment, cash shortages, squeezed margins and difficulties with borrowing have weakened many organisations. The Board believes this will lead to the closure of some competitors, afford the possibility for business growth and could present investment opportunities.

Business Review

Strontium has continued to focus on the growth of its client base during difficult market conditions.

The reorganisation and concentration of the business into two main units Miad, a leading NHS-dedicated non-clinical training, development and education consultancy, and The Learning Eye, a research, education and communications agency has led to continued improved performance.

During FY10 the growth of Miad has continued with revenues up 112% at GBP 1,810,000 (30 June 2009: GBP855,000) and pre tax profit improving 155% to GBP 245,000 (30 June 2009: GBP96,000). Miad sales growth was largely driven by the increase of `blended learning' products which provide the dual benefit to the NHS of reduced delivery cost and high quality training.

During FY10, The Learning Eye developed its e--learning capability and designed and created much of the blended learning sold by Miad. Although sales to 3rd parties reduced 41% to GBP563,000 (30 June 2009: GBP941,000) trading profit only reduced 2.5% to GBP78,000 (30 June 2009: GBP80,000).

As the volume of business grew across the group during FY10 the Board took the decision to increase full time staff and reduce the more expensive external consultants used on projects. Recruiting internal expertise caused the administrative costs to grow as a percentage of sales to 73.6% (30 June 2009: 72.0%). However this action during 2010 meant the combined Miad and The Learning Eye direct costs as a percentage of sales decreased to 20.5% (30 June 2009: 27.1%).

Personnel

In line with the Board's revised strategy, management will be looking to maintain a small but well focussed business management team. Expert resources will be employed on a short term basis as and when required.

I would like to thank David Barker, our Managing Director, his very able management team and all staff for their contributions during another challenging year.

Outlook

The order books for The Learning Eye and Miad remain robust but it is difficult to plan further than 6 months ahead when dealing with the NHS.

The Board will continue to focus on the growth of both companies but expects that opportunities for acquisitions could arise during 2011. The Board will investigate these opportunities and consider further investments in SMEs with the potential for rapid growth.

As for the future, market conditions into 2011 remain difficult but given the steps the Group has taken to control costs and to sharpen its focus, the Board is cautiously optimistic that growth will continue.

M W Metcalfe

27 October 2010

STRONTIUM PLC

CONSOLIDATED STATEMENTOF COMPREHENSIVE INCOME

for the year ended 30 June 2010

(MORE TO FOLLOW) Dow Jones Newswires

[king_roster_iii] 11/10/2010 13:11

Nearly £600K worth of contracts in September. Positive outlook is an understatement.

[king_roster_iii] 28/9/2010 19:53

£600k in bank is pretty tangible plus the confirmation of secured business and a positive outlook. Also shares are pretty illiquid so if positive sentiment returns then these will increase sharply as is already evident.

[broshm] 28/9/2010 17:24

intangibles are growing , what else is there to promote this jump ?

[ukinvestor220] 09/3/2010 17:28

looks like this one is going down the pan !!

[stalliano] 04/5/2007 11:17

ridiculous--had a look at miaduk accounts at companieshouse--to pay 200k for a company with minimal turnover/profits stinks--someone made a pile of cash

[hightech] 19/3/2007 12:48

So why WillCo was happy to buy over £300k shares and the price hasn't fallen since?

[mryesyes] 21/2/2006 15:58

Just got a call from a guy at Radisson saying he placed these and topped it out then got all his clients to sell, promises to get me in on the next one!
worldwidebb.com