Empresaria Share Discussion Threads

[this_is_me] 19/2/2007 09:08

It looks like a leak of the trading statement was responsible for the share price last week. The company is obviously making great progress.

[miked500] 16/2/2007 14:27

2007 Fast Growth Business Awards finalist

Empresaria Group plc has been named as one of four finalists in the 2007 Fast Growth Business Awards, International Business of the Year category.

Organised by Crimson Business in conjunction with Growing Business magazine, the awards are headline sponsored by T-Mobile.

To become a finalist in this category, Empresaria had to demonstrate great plans for future development as well as a substantial year on year turnover and profit, growing market share and a strong brand.

Winners of the awards will be announced at an awards ceremony at the London Marriott on 29 March 2007.

[argy2] 16/2/2007 11:43

Ramped on a dodgy website yesterday and followed with another one today on a sister site.Nepotism lives!

[gerrymonty] 16/2/2007 09:13

Last year the Trading Update ahead of final results was on Feb 23, while in 2005 it was on Feb 21, so we are due something soon

[gerrymonty] 16/2/2007 09:07

This was Rumour of the Day in today's Times

Empresaria, the AIM-listed recruitment group, touched a record high on optimism ahead of annual results due within the next month or so. The group, which has interests in the IT and support services sectors, is also believed to be looking at acquisitions to broaden its reach further. Shares rose 10p to 113p, having started the month at 96p.

[this_is_me] 15/2/2007 20:07

Happy days - a big breakout!

[goatman] 15/2/2007 16:56

Don't know, but I read the other day a comment on the Hat Pin board that Shares rag has tipped the sector. "Buy shares in the Employment sector in advance of the results season" it said.

G

[abcd1234] 15/2/2007 16:14

any particular reson for the spike this afternoon?

[this_is_me] 12/2/2007 21:58

Will we see a new high?

[this_is_me] 02/2/2007 14:19

Signs of life!

[tole] 13/10/2006 14:54

Holding up well considering the rise was only on the back of teh RHPS write up - more to come perhaps?

Anyone got an answer regards post 75? am sure a list must be publised somewhere of what they tip later in the day?

[goatman] 09/10/2006 19:32

Nice movement today. Been in this one for a while now.

Thanks to Red Hot Penny Shares, its hardly a penny share now. LOL.

Let's hope it stays that way!


G

[tole] 09/10/2006 12:05

Thanks HH - had a feeling it must have been somewhere.
Is there anywhere where you can view what RedHot tip? Just curious as dont know if you subscribe or know somewhere as to pick up the info. tia

[hedgehunter] 09/10/2006 11:31

Tipped I see from RHPS tip sheet. Limit they say of 88p, went through that in first 10 mins. Poor suckers who buy the tip sheet, complete waste of time.

[tole] 09/10/2006 11:07

Still moving l2 3v3 94-99 - resistance at 107p - previous high.

[tole] 09/10/2006 09:28

Lots of smallish buys from the off with a small gap-up on opening. Cant find anything myself - but virually all buys so far this morning.
L2 1v1 92-95
Sell 11250 @ 92.5
Buy 1500 @ 95

[tole] 09/10/2006 08:29

Flying this morning...tipped somewhere?

[tole] 05/10/2006 07:52

Another nice aquistion in its international objectives...


Acquisition of Polish staffing companies


Empresaria Group plc ("Empresaria") is pleased to announce that, as a further
step in line with its strategic objective of building a broad international
presence, it has entered into a binding commitment to acquire a 51% shareholding
in each of the following companies:

ITC PRACA Sp. Z.o.o.
ITC APT Sp. Z.o.o.
ITC CS Sp. Z.o.o.

Based in Krakow, Poland, the companies share a common management team. ITC PRACA
is a leading brand in the "work abroad" market, sourcing Polish workers on
behalf of overseas organisations in Western and Southern Europe. In 2005 the
company sourced approximately 3,000 workers for the UK and Ireland markets. ITC
APT is a temporary staffing company focusing on the Polish local market. ITC CS
provides training services to candidates.

Through its acquisition of the above companies, Empresaria has also acquired an
indirect interest of 25% in Cufik Sp. Z.o.o. Cufik is a candidate care
operation, providing Polish contractors and migrant workers with insurance and
travel services as well as offering tax consultancy.

Empresaria is paying initial consideration of #0.6m for 51% of each of the above
businesses with potential further consideration of up to #0.7m payable dependent
on financial performance in 2006 and 2007. The current management team retains
the balance of the shares in each company.

Miles Hunt, Empresaria Chief Executive, commented:

"ITC is a successful, well established, Polish staffing brand. It has strong
brand presence in the work abroad market and is enjoying rapid growth in its
local Poland based temporary staffing operations. The investment by Empresaria
in ITC and its related companies provides direct access to Polish workers to our
UK based operations and gives Empresaria exposure to the high growth Polish
staffing market. This is another significant step in Empresaria's strategy to
become a broadly based international staffing group."

[tole] 02/10/2006 09:06

New update out on Edison.

"EMR is on track for full year forecasts based upon its UK portfolio and early international contributions. The fall in the rating is not justified, as the gearing to growing economies and immature staffing markets has increased. Early returns are encouraging and these should add materially to revenues from 2007"

Year, Revenue, PBT, EPS, DPS, PE
2006E, 70.2, 2.8, 7.0, 0.50, 11.9
2007E, 85.3, 3.3, 8.6, 0.55, 9.7

[tole] 29/9/2006 12:00

Good Value in the IC today - interesting to see them highlight charles stanley's forecast (didnt know they covered this one) expecting to see full year pre-tax rise 23 percent to 2.7m and EPS of 7.3p. All pretty much bang in line with Bridgewell and Edison.

[tole] 27/9/2006 10:49

With reference to post 63 - new aquistion bodes well with the record levels of temporary staffing business in eastern europe.

Empresaria Group plc

Acquisition of EUResource Limited

Empresaria Group plc ("Empresaria" or the "Group") is pleased to announce that
it has acquired a 51% holding in EUResource Limited ("EUResource"). The
remainder of the shares are held by the existing management team. EUResource is
based in the Midlands and specialises in the recruitment of Eastern European
workers to fulfil the temporary and project management needs of UK clients. The
initial consideration paid amounts to #249,500, of which #199,500 was paid in
cash and #50,000 was being satisfied by the issue of 59,880 ordinary shares in
Empresaria. Deferred consideration is payable, dependent on the future
profitability of EUResource, up to a maximum of #150,000 of which up to #100,000
may be satisfied at Empresaria's option by the issue of further ordinary shares
in Empresaria and the remainder in cash.

Commenting on the acquisition, Miles Hunt, Chief Executive of Empresaria said:

"The economic benefits to the UK of migrant workers from Eastern Europe may now
be broadly recognised but in particular industries, especially where there are
skill shortages (such as butchers and printers) or seasonal work patterns, these
benefits are keenly felt and are consequently driving strong demand for such
workers. The acquisition of EUResource creates a new distribution channel for
our growing network of Eastern European offices."

[tole] 27/9/2006 09:22

Empresaria management on a roll
Published: 08:39 Wednesday 27 September 2006

A headcount to show how many executives and directors have £1 million stakes in a business is often a good way of gauging management commitment.

So far the number at AIM-listed recruitment firm Empresaria can be counted on the fingers of one hand – but it's certain to grow if chief executive Miles Hunt has his way.

Although a tiddler in comparison, Empresaria (EMR) has created a management incentive structure closely modelled on out-sourcing firm Mitie. This is hardly surprising since Empresaria's founding chairman was the former creator of Mitie, the late David Telling.

The formula has worked well for Mitie and is delivering the goods at Empresaria although at the moment there are only a few managers sitting on £1 million stakes. At Mitie, it is reported to be several dozen.

Broker Charles Stanley explains: 'Key, entrepreneurial people are attracted and motivated by the opportunity to acquire a meaningful stake in the companies they run. Empresaria typically owns 51-75% of its subsidiaries with a minority interest bought or retained by management. This makes the companies more entrepreneurial and also more robust. Staff turnover also tends to be low'.

There are now 30 different operating companies in nine countries and the pace of expansion is set to quicken. In the UK they span five sectors – financial services, supply chain, construction and property services, public sector and specialist brands.

The companies trade as stand-alone specialists and there is little to suggest they are part of a public company. But Hunt says the idea works well as they are each run by people who know their sectors inside out and rapidly become market leaders.

Hunt, who set up the business in 1996, is well aware that recruitment firms have traditionally suffered from swings in economic cycles when, for example, a sector like IT takes a dip as happened after 2000.

So he has focussed on developing an international group across a range of economies, and sectors in both the temporary and permanent recruitment markets. Also, no one company accounts for more than 12% of fee income, and no one client for more than 6% of total revenues.

This has taken the group into the US, Japan, China, Australia and Indonesia with more expansion due this year. But no strategy of diversification can ever completely insulate a company from misfortune, so a venture in Thailand has been brought to a virtual standstill by the recent coup. The current slowdown in NHS spending is also disrupting a UK healthcare recruitment company.

Over the last four years revenues have increased by an average 30%. Adjusted profits and earnings a share have increased by 50% driven by a combination of organic growth, start-ups and acquisitions. The pace has continued. Latest half year results show turnover up 38% to £34 million and adjusted pre tax profits 27% at £950,000.

Empresaria's fan club currently includes Caledonia Investments ( 5.7% ) and Intercapital ( 5.3% ). At 83p, valuing the business at £20 million, the shares are trading on a forward price earnings multiple of 11.3, a discount to the average for the sector of 12.7.

[tole] 26/9/2006 10:35

L2 moving up - now 2v1 82-85

Noticed a new revised website has been launched - much more professional than the last one if memory serves me correctly.

EDIT -
Empresaria launches new website

To reflect the Company's focus of extending its existing operation overseas, Empresaria has launched a new website. "A new website which mirrors our current philosophy and strategic direction was long overdue" says Miles Hunt, CEO "but we are pleased with the result and believe we are finally able to use our website as a tool for communication and marketing Empresaria, and its worldwide operations, to Investors, Entrepreneurs and other interested parties."

[tole] 20/9/2006 09:20

Should bode well for their recent aquisition - GIT Consult

Another Record-Breaking Year for Temporary Staffing in Slovakia

Research and Markets

( has announced the
addition of Market Tracking: Temporary Staffing in Slovakia 2006 to
their offering.
¶ In 2005, the temporary staffing market in the CEE-5 generated EUR
600 million generated by 450, 000 temporary workers. Although
differing by occupational segment and country, the CEE market can be
described as concentrated. The author predicts a continuously high
market growth, positive macroeconomic parameters and the high untapped
human potential outweigh the deflating effects of the recent
regulation wave.
¶ Temporary staffing describes a form of employment involving three
parties or individuals signing an indefinite employment contract with
a temporary agency are posted to user undertakings to work temporarily
under their supervision. In Central Eastern Europe, the discovery of
temporary staffing is closely connected to the growth of foreign
investment and the entrance of cross-nationally operating agencies in
the 90's. Multinational companies, used to dealing with agencies in
the placement of workers in other markets, were the largest clients
for temporary staffing due to the domestic companies' fear of
political pressure from labour interest groups. This is gradually
changing
¶ The Market Tracking reports deliver explanations about the
development of the total market and its different segments. This study
provides detailed information for all companies. Next to a screenshot
of the Current Market Development you will understand the Market
Evolution through forecasts for the next two years.



GIT Aquisition summary from March-

Empresaria Group plc ("Empresaria" or "the Group") is pleased to announce that
on 17th March 2006 it purchased 60% of the share capital of Empresaria GIT
Holdings Limited ("GIT") for an initial consideration of #90,000 (3.8 million
Czech Crowns). In addition Empresaria has made available a loan of #60,000 (2.5
million Czech Crowns) to fund expansion of the business.

This transaction continues the expansion of Empresaria's international
operations and represents its first move into Eastern Europe. It also extends
the Group's representation into two new countries, the Czech Republic and
Slovakia.

GIT has offices in Prague in the Czech Republic and Bratislava in Slovakia and
supplies staff principally in the IT market. In the year ended 31 December
2005, GIT's operations generated sales of #150,000.

Commenting on the acquisition, Miles Hunt, Chief Executive of Empresaria said:

"We are delighted to be able to announce this continuation of our international
expansion programme and our first step into the rapidly developing Eastern
European markets."