Bus.Sys.Grp Share Discussion Threads

[biomax] 28/4/2002 21:48

could be tipped in the next weeks magazines

[biomax] 27/4/2002 10:39

good news, i think 10 p should be acvievable dead cert,

[blueyonder] 27/4/2002 10:28

Mentioned in todays Daily Mail,much the same news as opening thread

[biomax] 27/4/2002 10:14

weekend tip would be nice

[tony14] 27/4/2002 00:09

NMS is Normal Market Size. The Market Makers will deal in quantities of 500 shares at the touch price. This is largely due to the fact that this a very rarely traded share(check past volumes for confirmation) Normal "O" trades of 6*NMS ie 3000 share are reported straight away. Anything over 6*NMS on this security is reported 2hours later(Check recent trades going through). The problem with illiquid shares is sometimes it is far easier to buy than it is to sell!

[biomax] 26/4/2002 20:32

BSG broke-even in march,which is good news, now if BSG confirms on results that trading is imroved further, so that and they are in profit in april-may due to reduced cost , BSG could fly to 15-20 p

cash 8 mln is looks good vs market cap 4 mln,

strong buy at 6 p, imo

[latifs100] 26/4/2002 13:56

thanks, still this has not moved as i would have expected to, anyway some sunday papers might run a story on it.

[latifs100] 26/4/2002 11:57

please what is A NMS of 500 shares mean, thanks in advance.

[tony14] 26/4/2002 11:35

This one has caught my eye after the recent fall. Trading at a discount to Net Assets and price underpinned by cash in the Bank. Very illiquid though with a NMS of 500 shares! Protected transaction just gone through, could be sell order that has just been completed and probably accounts for the recent tail-off in shareprice. Also 140,168 sold yesterday at 4p.

[latifs100] 26/4/2002 11:24

Trading Statement26/04/2002 09:30:51

Business Systems Group Hldgs PLC26 April 2002 BSG Holdings Plc ("the Group") Trading StatementIn the Group's trading statement of 18 September 2001, the Board set the Groupsome clear targets; namely for both Business Systems Group Limited andWebgenerics Limited to reach a cash break-even run rate position by thefinancial year end, 31 March.The Group is pleased to announce reduced trading losses in the second half ofthe year. A material improvement in trading performance has been achieved withboth companies breaking even at the EBITDA level in the month of March. Theimproved trading levels ensured that the Group's cash balance of in excess of £8 million at the financial year end remained higher than expected.The overall improvement in trading has been achieved through a combination ofcost cutting and a number of significant new contract wins with combined revenueof £6.2 million - half of which will be recognised in the 2002/03 financialyear.However, in recognition of the importance of the Group becoming cash generative,it has become clear that because utilisation and visibility of earnings in theConsulting division remain weak, further action must be taken if the Group is tocontinue to improve its trading performance. Consequently, the Board has takenthe decision to make a further 15 redundancies in this division, leaving a totalstaff of 40 within the Consulting division to deliver existing and prospect forfuture contracts.In terms of Webgenerics' product sales, despite slower than anticipated sales ofdotEncrypt, the Board is pleased to note the successful use of dotEncrypttechnology by on-line publishers and the implementation of a commercial pilot ofthe dotEncrypt e-mail product. Whilst this is positive news, current revenuesfrom the dotEncrypt products are still not significant.The second half of the year has seen new contract wins for over £1m in themanaged hosting business which means that Webgenerics is no longer a cash burdento the Group.The Group expects to announce its full year results for the year ended 31 March2002 on 17 June 2002.EnquiriesBSG Holdings PlcNick Gerard, Group Chief Executive Tel: [phone]James Wheaton, Finance DirectorBuchanan CommunicationsTim Thompson Tel: [phone]Catherine Miles This information is provided by RNS The company news service from the London Stock Exchange

[latifs100] 26/4/2002 11:21

this is now off its year lows, annoucement made, 8m cash in bank,