Green & Smart Share Discussion Threads

[theophilus] 02/2/2007 08:20

Welcome Anne,

I posted above the official statement made at the AGM.

In addition CH3 was hoping to attend and he may have had some private conversations which can often be very enlightening.

But unfortunately he appears to have [temporarily?] disappeared.

Cheers

Ch.

PS Did you actually buy or are you still undecided.

[hanoversquare] 01/2/2007 16:11

Anne

Can you enlighten us on what your broker said.

Have to agree that the shares are extremely undervalued but would like to know what a professional thinks.

[annewilson] 01/2/2007 12:56

Hello everyone.

This was recommended to me by my broker as being significantly undervalued.
Was there anything to report from the AGM ?

Little bit worried about having just 2 market makers.

Anne

[hanoversquare] 25/1/2007 08:24

Wonderful.

Just sit back, relax and wait for the value to be outed.

[theophilus] 25/1/2007 07:57

GSH Group plc

AGM Statement


At today's Annual General Meeting of GSH Group plc ('GSH' or 'the company'),
Bob Gilbert, Non-Executive Chairman will tell shareholders:


'I am very pleased to report that 2005/6 was another record year for the Group
with underlying profit before tax increasing by 49% to £6.7 million. Top line
performance was also good with turnover growing by 15% to £136 million.


It was an excellent year in many respects, with a combination of successful
acquisitive and organic growth. We completed two acquisitions that are now fully integrated into the business and are already earnings enhancing. Our forward order book grew from £482 million in 2005 to £532 million at the end of July 2006 and we demonstrated continued growth in all our markets.


In our UK and Eire business, we were delighted to announce new contracts wins
with Vodafone, Xerox, Abbey and My Travel extending our blue chip client base.
Equally pleasing were the significant contract extensions we secured in the year with Halifax Bank of Scotland and T-Mobile clearly demonstrating our continuing high standards of service delivery.


Our overseas businesses also grew significantly in the year with both
Continental Europe and USA operations each showing turnover growth of nearly
50%.


As a sign of this confidence, the Board have recommended the payment of an
increased final dividend to our shareholders of 5.3p talking the dividend for
the year to 7.5p, an increase of 15%.


After 52 years' service, Mr Ian Scarr-Hall stepped down from the Group Board in
November 2006. Ian's wise counsel has been extremely helpful to me in my first
two years as Chairman. The whole Board and all those employees who know him wish him well for the future.


The Group's strategy remains focused on the outsourced facilities management
(FM) market and we will continue to capitalise on the increasing trend towards
outsourcing FM in all our geographic markets, and continue to pursue acquisition opportunities to enhance our service offering in the UK, USA and Europe


We are particularly well positioned to take advantage of ever-increasing safety
and environmental legislation internationally and with climate change becoming
close to the top of our own and our customers' agendas, our energyplus offering, and the systems that support it, give us a unique opportunity to pursue a more rigorous approach to energy management within our market place.


To achieve our ambitious growth targets we need technology capability, strong
supply chain solutions, an environmental framework, customer focus and talented
people. I can say with confidence that GSH demonstrates strength in all these
areas and we have made a strong start to this financial year with a good forward order book. I therefore look forward to achieving further growth in the coming year.'



For further information, please contact:

GSH Group plc Tel: [phone]
David Simons, Chief Financial Officer

Bell Pottinger Corporate & Financial Tel: [phone]
Ann-marie Wilkinson
Sarah Hilyer


Cheers

Th.

[Abuse team] 16/1/2007 16:07

Post removed by ADVFN

[charterhouse3] 16/1/2007 16:07

Th.

Thanks for the tip off - bought a few Ashley House as LTBH.

Got an order going through for another 2000 GSH - my final tranche until the agm !!!!

CH3

[theophilus] 15/1/2007 08:06

Hi CH3

Ashley House begins trading today on AIM.

It's been a really good investment for me.

I have begun a thread for ASH. I have posted also on SCM so maybe it would not be best practice to go into details here but maybe worth a place on your watchlist.

Cheers

Th.

[charterhouse3] 11/1/2007 09:49

KBC Peel Hunt have reduced their spread to 20p and now quote 340-360 although Winterflood remains at 340-370.

At least we are moving in the right direction.

CH3

[charterhouse3] 10/1/2007 08:21

Th.

Thanks for the email - very interesting reading.

Looking forward more than ever to the AGM.

Regards

CH3

[theophilus] 09/1/2007 09:46

Re. your going to AGM.

Hope it goes well for you and is worthwhile

Cheers

Th.

[charterhouse3] 09/1/2007 08:22

Th.

The AGM is on the 25th January.
It's in Stoke !!!!
Will attempt to get to it.

CH3

[theophilus] 08/1/2007 16:47

And a smaller purchase at 360.

Thanks for your posts ch3

Cheers

Th.

[charterhouse3] 08/1/2007 14:43

Th.

A chunky buy at 355p today bodes well.

;o)

[charterhouse3] 05/1/2007 09:59

Th.

A 10p mark up on Tuesday followed by a 10p mark up yesterday and ...... wait for it ..... a whopping 3 trades already today ;o)

Although you are correct in your assertion that the Company is relatively unknown in investment circles I think that there will be a significant change in that profile in the near future.

One institution has picked up a holding of 150,000 shares during December.

Everyone now awaits Ian Scarr-Hall to start offloading some of his shareholding to enjoy his retirement with.

Quite frankly a current fair value would be nearer 500p but, until there is more liquidity, we just have to sit and wait.

I am very confident we will get there (and then some !!). It is just a matter of being patient.

CH3

[theophilus] 04/1/2007 14:38

This has been relatively quiet lately.

I am sure that one reason is that it is relatively unknown.

However there appears to be some interest today and at the moment it is up 10 to 350..[340/360].

Be interested to see if it can hold this higher level.

Cheers

Th.

[charterhouse3] 14/12/2006 12:22

Confirmation on another site that one of the purposes of the listing is to provide an exit for the family:

Thank you for your enquiry.

One of the main aims of the company listing on the AIM market was to
provide an exit for the family. Other key reasons were to enhance our
commercial relationships, to attract and retain key personnel including
management and to give the Group financial flexibility.

Regards

Jayne Garrett
PA to David Simons, Group Chief Financial Officer

The recent retirement of Ian Scarr-Hall is the trigger for the family shareholding to be released. Don't know how long it is likely to take but I suspect the share price will be considerably higher by the end of the first quarter of 2007.

CH3

[charterhouse3] 12/12/2006 14:04

Th.
Have you seen the trade page today ?
The first trade of 10,000 shares at 330p (which was a buy and not a sell as shown !!) triggered the mark up by 15p at which point two more buys of 10,000 shares each at 349p occurred.
This has the look of 'lift-off' in the near future - maybe Scarr-Hall's shareholding has a price after all !!!

CH3

[theophilus] 12/12/2006 13:09

I have edited my first post on this thread my deleting the bulk of it.

It seems silly to scroll through it every time we want to read/post.

In any case the details are available from the company's announcement of the results - so I think it has served its purpose and reached it's sell by date.

Cheers

Th.

[charterhouse3] 12/12/2006 09:13

Th.

All the recent buys around the 329-330p mark have finally taken their toll on the market makers. They are severely short of stock and need to flush out a few sellers.

I don't think they will succeed anywhere near these levels.

CH3

[theophilus] 12/12/2006 08:26

Interesting!

Suddenly it moves up 15 to 335...[320/350]

No trade actually showing yet, but I suspect there will be a delayed trade showing later.

Cheers

Th.

[charterhouse3] 29/11/2006 18:18

The interesting thing is that buys have usually been serviced just a fraction of a pence below the offer price whilst several sells have been at 5p above the bid price. This does suggest that the market makers are very keen for stock.

This has the appearance of a share price getting ready for a significant upward move.

CH3

[havealook] 29/11/2006 16:49

the boy is back!!!

[theophilus] 29/11/2006 16:45

It's encouraging to see a steady flow of buys going through most days, and also the spread is much more reasonable at 310/330; and in fact most deals, both buys and sells are going through inside the spread.

Cheers

Th.