1pm Share Discussion Threads

[citytrader 007] 12/6/2011 13:40

.... funny how the yearly results are always forgotten, "better than expectations" was forecast in the last, due now to a couple of months at extreme.

lets see who forgets this now, now its 100% in profit and awaiting results of better, LOL just LOL, always reason posters come on and doubt it aye, nuff said.

[r1zza] 02/6/2011 09:24

I don't know for certain but LB might have sold. This probably one to just keep in bottom draw and forget about for a few months. It doesn't look like
it is going anywhere fast.

[ihavenoclue] 02/6/2011 09:19

Liquid_Bull - 10 Mar'11 - 19:31 - 19 of 50

Its very tempting and cheap at these levels can't really go wrong but I am looking for a 1p target price 12-18 months that is my long term target don't know about anyone else but even 0.50 would do me nicely ;)

==================================

Where as I am bullish on OPM I think a market cap of £34m is more than 2 years off IMHO

[r1zza] 01/6/2011 22:56

A bit disappointed with this

[amario] 24/5/2011 07:41

1PM PLC

24 May 2011

1PM PLC

(AIM: OPM)

New line of Credit from Pension Fund

1pm plc ("1pm" or "the Company"), the specialist provider of lease asset finance to the SME sector, is pleased to announce that it has agreed a new funding line of GBP200,000 through a Self Invested Personal Pension (SIPP) ("the Loan"). The Loan will be exclusively used for the purpose of writing new lease agreements.

The Loan has been agreed on commercial terms similar to those agreed with the Company's block discounters.

Maria Hampton, 1pm Managing Director, commented

"We are always looking at innovative ways to obtain alternative funding lines and are delighted to have agreed the Loan. A number of SIPP providers have approached us on behalf of their clients as we provide a better rate than the banks.

With bank lines remaining difficult to secure SMEs are more reliant on lease asset financing from companies like 1pm and the Loan will provide further capital for 1pm to write good quality business."

[ihavenoclue] 05/5/2011 14:44

Moochy ... I really don't see it going lower than 0.1p

It was at 0.07p when it was really in trouble and had a huge placing to help it out. Lack of interest drifted down to 0.05p

It is currently VERY cheap and even though it is up to you I would buy in now

[moochy] 05/5/2011 10:52

I still got my eye on this one. Could retrace to .08 -.09 range.

[londonmarketmaker] 29/4/2011 19:28

Royal Wedding? more like Royal Rubbish.... who need that when most people are jobless, losing money and struggling to pay the bills. Previledged people, who have never done a day work in their life, wasting taxpayers money in publicity stunt. My money is on them ending in divorce in not too distant future. If Kate is prepared to wait for divorce cash, so am I.

[ihavenoclue] 28/4/2011 08:31

growbag ... the terms of the deal are on previous block listing RNS's and are less that the interest OPM are receiving from their customers

[growbag] 27/4/2011 13:56

Doing some research on this one -- looks like an interesting growth story. Can anyone explain, though, the terms on the various block discounting deals - these appear to be money loaned to the company from directors (on what terms, interest etc).

[ihavenoclue] 18/4/2011 11:20

Yes it is looking very strong ... now a 3 month wait to be rewarded .. may get rise before then ....

[ihavenoclue] 12/4/2011 18:44

I would buy in now for a 4 - 6 month hold where you should double your money IMHO

[moochy] 12/4/2011 14:29

IHNC .09 not .07 was my buying target price. I am not deramping, I'm just trying to make up for my loss although not a big loss, however a loss none the less. As you can see, I still have my eye on this.

[ihavenoclue] 11/4/2011 17:59

Better than well ... From being bullish in December it is currently exceeding those expectations !!

[crosswire] 11/4/2011 08:20

"Company confirms that the lease portfolio has continued to grow above management's expectation."

Looking very strong!!

[m1das_touch] 11/4/2011 07:37

Yes, encouraging to read that "the lease portfolio has continued to grow above management's expectation."

Will be interesting to see in the interims if progress has been made on identifying "a strategy to expand through entering new geographic markets" as revealed in the outlook statement in December.

I bought back in on Friday, anticipating a rebound after the recent pull-back...it's always a nice feeling when you get your timing right! Volatility is pretty much guaranteed with a micro-cap illiquid stock like this, but the trend is now upwards and that's good enough for me.

[rico_suave] 11/4/2011 07:11

DJ 1PM PLC Increase in Block Discounting Facilities

TIDMOPM

RNS Number : 6148E

1PM PLC

11 April 2011

1PM PLC

(AIM: OPM)

Increase in Block Discounting Facilities

1pm plc ("1pm" or "the Company"), the specialist provider of lease asset finance to the SME sector, is pleased to announce that it has agreed a total increase of GBP500,000 with two of its existing block discounting providers ("the BD Increase"). The BD Increase will be exclusively used for the purpose of writing new lease agreements.

Further to the half yearly results released in December 2010, the Company confirms that the lease portfolio has continued to grow above management's expectation. Block discount funding is an important source of funding to the Company and the BD Increase will provide additional capital to support further growth of the lease portfolio

Contacts:

1pm plc www.1pm.co.uk
Mike Johnson, Chairman [phone]
Maria Hampton, Managing Director [phone]

WH Ireland Limited www.wh-ireland.co.uk
Mike Coe / Marc Davies [phone]

About 1pm:

1pm plc is an established small ticket leasing company focused on providing SMEs with an accessible funding pool. Customers must have clear credit histories and an ability to pay their commitments. Assets leased are business critical. 1pm typically lends between GBP1,000 - GBP30,000 for between 12 and 60 months.

This information is provided by RNS

The company news service from the London Stock Exchange

END
MSCMMGGDKRRGMZM

(END) Dow Jones Newswires

ALL IZ WELL!!!


rico

[rico_suave] 11/4/2011 07:11

DJ 1PM PLC Increase in Block Discounting Facilities

TIDMOPM

RNS Number : 6148E

1PM PLC

11 April 2011

1PM PLC

(AIM: OPM)

Increase in Block Discounting Facilities

1pm plc ("1pm" or "the Company"), the specialist provider of lease asset finance to the SME sector, is pleased to announce that it has agreed a total increase of GBP500,000 with two of its existing block discounting providers ("the BD Increase"). The BD Increase will be exclusively used for the purpose of writing new lease agreements.

Further to the half yearly results released in December 2010, the Company confirms that the lease portfolio has continued to grow above management's expectation. Block discount funding is an important source of funding to the Company and the BD Increase will provide additional capital to support further growth of the lease portfolio

Contacts:

1pm plc www.1pm.co.uk
Mike Johnson, Chairman [phone]
Maria Hampton, Managing Director [phone]

WH Ireland Limited www.wh-ireland.co.uk
Mike Coe / Marc Davies [phone]

About 1pm:

1pm plc is an established small ticket leasing company focused on providing SMEs with an accessible funding pool. Customers must have clear credit histories and an ability to pay their commitments. Assets leased are business critical. 1pm typically lends between GBP1,000 - GBP30,000 for between 12 and 60 months.

This information is provided by RNS

The company news service from the London Stock Exchange

END
MSCMMGGDKRRGMZM

(END) Dow Jones Newswires

[rico_suave] 11/4/2011 07:10

DJ 1PM PLC Increase in Block Discounting Facilities

TIDMOPM

RNS Number : 6148E

1PM PLC

11 April 2011

1PM PLC

(AIM: OPM)

Increase in Block Discounting Facilities

1pm plc ("1pm" or "the Company"), the specialist provider of lease asset finance to the SME sector, is pleased to announce that it has agreed a total increase of GBP500,000 with two of its existing block discounting providers ("the BD Increase"). The BD Increase will be exclusively used for the purpose of writing new lease agreements.

Further to the half yearly results released in December 2010, the Company confirms that the lease portfolio has continued to grow above management's expectation. Block discount funding is an important source of funding to the Company and the BD Increase will provide additional capital to support further growth of the lease portfolio

Contacts:

1pm plc www.1pm.co.uk
Mike Johnson, Chairman [phone]
Maria Hampton, Managing Director [phone]

WH Ireland Limited www.wh-ireland.co.uk
Mike Coe / Marc Davies [phone]

About 1pm:

1pm plc is an established small ticket leasing company focused on providing SMEs with an accessible funding pool. Customers must have clear credit histories and an ability to pay their commitments. Assets leased are business critical. 1pm typically lends between GBP1,000 - GBP30,000 for between 12 and 60 months.

This information is provided by RNS

The company news service from the London Stock Exchange

END
MSCMMGGDKRRGMZM

(END) Dow Jones Newswires


ALL IZ WELL!!!

rico

[ihavenoclue] 07/4/2011 18:31

Moochy ... the support is 0.11p so stopping you out at 0.1p was a little unfair IMHO

Talk of dropping to 0.07p again is nothing short of deramping IMHO 0.07p was the placing value when the company were in trouble and debt was going out of control.

Debt has now been reduced by more than half and the company is now in profit. All the warrants now being issued this year shows people think it is currently cheap IMHO

On the last rise The Times mentioned OPM as overlooked and undervalued and that was at 0.14p before it rose to over 0.2p

It is a thousand times more likely to double from here than it is to drop to 0.07p

We are only where we are now due to lack of interest and once again 0.11p is strong support

All IMHO
Regards
IHNC

[moochy] 06/4/2011 23:12

IHNC, I was stopped out at .1p, I should have known better than to place a stop loss on an AIM share. I usually don't. I do admit that I have grown worried seeing the share price dip, and perhaps you're right, my fears may be unjustified. If share price drops below .09p, I will consider buying back in here. I do think however that this is a good long term investment.

[ihavenoclue] 06/4/2011 22:24

Moochy ... they managed 350% growth last year from the year before and cut bad debt by more than half (which caused the problem in the first place)

Banks are still not handing out loans as easily as before the recession and OPM is perfectly placed. The only thing stopping them doing more business is having the capital to loan out.

I believe your fears are misplaced and are just based on the share price rather than fundamentals.

You have gone from bullish to worried within a few weeks.

I am in and holding ...

[moochy] 06/4/2011 21:34

What worries me is that businesses, small businesses in particular across the UK are struggling financially, with more redundancies in view in the short to medium term. The new 20% VAT rate also dampens sales for all businesses across the UK. How can a finance company such as this one increase sales/profits under the current economic climate? Where is the growth coming from? Who will lend money to companies who are struggling to make a profit? Companies who are making profits and not struggling are few and far between it would seem. In the long term, there is potential for growth, but in the short to medium term, I can't see growth imo.

[ihavenoclue] 06/4/2011 18:33

sslatter ... I couldn't disagree more ... at the start of the rise The Times described this as overlooked and undervalued at 0.14p

I have no idea why you mention a year for ? The results will be in June and should show a good rise, at least over £10m, and they are already geared up to expand to new markets.

If you are not happy then sell up and move on - I am staying put.

Regards
IHNC

[sslatter] 06/4/2011 10:08

IHNC, I have seen it before too, this will hit 0.07 in no time at all, investors will lose faith, if you have one year to wait, keep your money in OPM, if you don't get out now, or you're stuck. This company has no respect for its shareholders, they care about lining their own pockets.