Corporate Services Share Discussion Threads

[farsight] 06/1/2006 15:21

See CPSVY, it looks like American Depositary Receipts traded Over The Counter. But for all I know it's unrelated to CSV.

[knowing] 06/1/2006 14:30

Not that I am aware of Dave but have a check through the investors page their website.

[davpat] 06/1/2006 14:27

New into the stock here. Mention is being made of the US arm of CSV. Is the company quoted on the NYSE? Grateful for advice.

[knowing] 06/1/2006 14:23

I know. Can you wait 10 mins. US about to open ;-)

[farsight] 06/1/2006 14:23

I meant a tick up.

A BIG one please.

Sort out that spread.

[knowing] 06/1/2006 14:19

Can give you a X but don't have a tick ;-)

How about

B+

[farsight] 06/1/2006 14:18

I think I deserve a tick for that.

[farsight] 06/1/2006 14:16

A few things have admittedly changed since 250p. I'm not sure what the equivalent shareprice re marketcap/profitability/debt/turnover would be today. But things are looking upbeat generally. Houses, commodities, jobs, it's all Happy New Year. The manpower sector has been somewhat overlooked, and could be due for some consolidation. This could provide a fillip to any given share and would tend to reduce competition and increase profits throughout the sector. It would be nice if they could make 5% on that whopping £500m turnover, then the marketcap would be maybe £250m, call it 25p, and if they're growing and doing well it could be 50p. Hey, a girl can dream. But whatever, it makes that 10p target look a real banker. And makes me think I need to find some more money while this is still eightpence.

[knowing] 06/1/2006 14:01

Can't say for definate but IF it does happen WOW !

[farsight] 06/1/2006 14:00

If? If? They've said they're going to start making profits:

Operating profit, before other expenses, anticipated for second half of
2005 and year as a whole

The other expenses are only £2m, and the trading statement was very upbeat:

and we are excited about the opportunity that now truly exists to demonstrate the Group's ability to perform at or above industry standards.

Oh, sorry Knowing. I forgot myself for a moment there me old china. Apologies for trying to teach my grndma to suck eggs. Kinda. You know what I mean.

[knowing] 06/1/2006 13:50

Just shows the potential if this ever starts making profits and growing further.

[knowing] 06/1/2006 13:35

I did say short term ;-)

[farsight] 06/1/2006 13:13

Did I hear 9p?

Aw, come on guys, where's your sense of fun?




LOL!

[knowing] 06/1/2006 12:56

Very nearly through though Dave. Hopfully get that push with the US open.

[davpat] 06/1/2006 12:54

Resistance through 8p to overcome first?

[knowing] 06/1/2006 12:25

9p short term target;

[knowing] 06/1/2006 12:18

There was one more tick higher.

[knowing] 06/1/2006 11:52

Forecasts
Year Ending Sales (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-05 510.00 (3.50) (0.31)p n/a n/a n/a n/a 0.0%
31-Dec-06 540.00 2.90 0.24p 30.5 n/a n/a n/a 0.0%

[knowing] 06/1/2006 11:42

Very achievable IMO

[daza70] 06/1/2006 11:42

IM HOPING TO BREAK ABOVE 8 TODAY OR MONDAY!

[knowing] 06/1/2006 11:39

Expect to see a push higher lunchtime but don't tell Farsight ;-)

[pycco] 06/1/2006 11:34

From This is Money :-
BROKER Bridgewell believes Corporate Services Group to be the best recovery play in the recruitment sector. Yesterday's encouraging trading statement said UK markets remain challenging but progress towards break-even continues.
Trading is improving in the US. CSG is looking forward to another year of continued progress in 2006. Shares firmed 0.33p to 7.4p and Bridgewell's fair value target is 10p.