Huntsworth Share Discussion Threads

[tom111] 18/8/2010 17:20

Results due next week

[tom111] 18/8/2010 12:14

Still a trickle of sellers out there

[tom111] 17/8/2010 16:48

marked down to 65p but u can sell @.6525 and offers @.67.75

[thorpematt] 17/8/2010 16:43

There are obviously concerns regarding US economy etc. and the currencies moves make a difference but U know what, with volume very light we are a little at the mercy of the MMs. There could be a bit of naughtiness going on here IMO...

[tom111] 17/8/2010 12:46

Must admit buying some more yesterday we shall see,volume is so light at the moment a flurry of buying before the results could turn the tide quickly.

[thepopeofchillitown] 17/8/2010 11:50

Also sold at 80p. This is now firmly back on the radar.

[tom111] 16/8/2010 15:32

The way this is going u wont have to wait long HEED

[tom111] 13/8/2010 17:08

Hopefully you may have to wait a long time for 62p i was looking for 80p plus again results out soon. I like u battlebus bought at current level and sold in the 80,s Hope its a double act

[battlebus] 13/8/2010 16:32

Bought at that level months ago and took some profits at 84p so happy to sit this out.

[the heed] 13/8/2010 16:08

I'm going to wait to 62p.... sorry current holders..

[tom111] 13/8/2010 15:45

beginning to look cheap at these prices

[tom111] 13/8/2010 06:57

Sentiment is not good in this sector but even worse in others,its the general trend at the moment.

[tom111] 11/8/2010 10:15

Results this month hopeful the shares will pick up speed

[battlebus] 28/7/2010 22:05

You usually get a retrace after the institutions buy with there tracker funds. Now we should be back to normal and back through 80p again.Results in less than a month-26th August.

[owenski] 28/7/2010 21:56

seems to have banged that back in onto the upward trend support line

[whealan] 15/7/2010 15:44

As Thorpematt commented in post 601 this share is subject to large runs of small buying and selling. Perhaps this is just a particular broker getting in and out for all his discretionary clients although one would expect a single transaction for the nominees. With the very tightly held stock it causes large swings in the price which is pretty unsatisfactory. If it is anything to do with employee holdings it would be an unacceptable way of dealing with them.(We had that problem with a similar sized company of which I used to be a director, until we decided to mop up all employee sales into the EBT).
It's probably worth asking the company, who should know the answer.

[gargoyle2] 15/7/2010 12:45

Anyone know why this has been weak recently? Or is it just getting back on the trend - in which case it should bounce soon....?

[yoyoy] 09/7/2010 07:58

and tucked away at the end is a trading update

"Sally Withey, Group Chief Operating Officer, commented:

"The acquisition of ScopeMedical will further strengthen our Huntsworth Health
offer which now constitutes approximately 27% of Group revenues.

The Group expects to meet management's profit expectations in the first half of
this year and looking ahead for the full year committed revenues have increased
from 80% announced 9 weeks ago to 84%. Our interim results will be announced on
the 26th August 2010."
"

[yoyoy] 09/7/2010 07:56

RNS Number : 0931P
Huntsworth PLC
09 July 2010

?


9 July 2010

Huntsworth plc acquires ScopeMedical Limited

Strengthens Huntsworth Health's presence in Medical Communications


Huntsworth PLC ("Huntsworth"), the international public relations and healthcare
communications group, announces today that it has acquired the entire issued
share capital of ScopeMedical Limited ("ScopeMedical") for cash consideration of
GBP4.6 million with further performance related consideration.

ScopeMedical is a fast growing international medical communications company
offering professional services to global pharmaceutical and biotechnology
companies headquartered in Europe and America. As such this acquisition will
expand Huntsworth Health's blue-chip client list and our reach within the global
market.

Financial Terms

ScopeMedical has been acquired from Jeremy Williams, William Allingham and one
other shareholder. The initial consideration is GBP4.6 million in cash, of
which GBP0.67 million will be deferred for 12 months. Deferred consideration
may be payable, with an interim payment based on the profits for the two years
to 31 December 2011 and a final payment based on the profits for the four years
to 31 December 2013.

Payments of deferred consideration are conditional, inter alia, upon profit
growth and may be satisfied by cash or partly in Huntsworth shares, at the
option of Huntsworth. The maximum total consideration payable is GBP11 million.

For the year ended 31 December 2009 ScopeMedical profit before tax was GBP0.76
million. The consolidated gross assets at 31 December 2009 were GBP2.49 million.

About ScopeMedical

The ScopeMedical talent includes experienced pharmaceutical marketers,
scientifically-qualified editorial staff and a studio of creative designers all
working together to provide innovative strategic communications and medical
education solutions for pharmaceutical companies' international headquarters.

ScopeMedical offers its clients strategic communications, advocacy development,
publication planning, event management and e-healthcare. The Company has grown
by successfully winning and developing clients with products at Phase II of
their development lifecycle. This approach complements Huntsworth Health's
strategy of offering clients solutions at every stage of their product
development from discovery to patent expiry.

ScopeMedical's growth has been driven by Jeremy Williams and William Allingham
who will both continue to lead the business under the Huntsworth Health brand
and develop it further within Huntsworth Health's global Medical Communications
operations.



Neil Matheson, Chief Executive of Huntsworth Health, welcomed today's deal:

"We are delighted to welcome ScopeMedical to our family of best-in-class
agencies. ScopeMedical is one of Europe's most respected medical communications
agencies, working with blue-chip clients on the basis of strong business
relationships, excellence in strategic thinking and the highest quality
scientific and medical content. This best in class reputation together with
international reach will contribute to the expansion of the quality services
that we offer to the pharmaceutical sector."

Jeremy Williams, Chief Executive Officer of ScopeMedical said today,

"In order to continue to realise our vision of being a world leader in medical
communications, we were looking for a partner that would enable us to expand our
service offering while also expanding our business reach on a global basis. I
am thrilled that we found the perfect partner in Huntsworth and I am very
excited about the synergy we will have with Huntsworth Health."

Sally Withey, Group Chief Operating Officer, commented:

"The acquisition of ScopeMedical will further strengthen our Huntsworth Health
offer which now constitutes approximately 27% of Group revenues.

The Group expects to meet management's profit expectations in the first half of
this year and looking ahead for the full year committed revenues have increased
from 80% announced 9 weeks ago to 84%. Our interim results will be announced on
the 26th August 2010."

[battlebus] 02/7/2010 18:38

Quite large trades today now they are through we may rise once more.

[thorpematt] 30/6/2010 17:13

No it's just that this stock has unusual market movements and that concerns me to an extent - I don't like the idea that my equity can be eroded by market manipulation and when I see things like 1 share being sold (see today's trades) it makes me wonder...

[whealan] 26/6/2010 23:18

ThorpeMatt

Automated trades are presumably triggered at predetermined levels up or down and I have always assumed this kind of small serial sale is lower end employee benefit trust awards being sold but I must admit I have no evidence for that. Any better ideas?

[thorpematt] 26/6/2010 09:43

Anyone like to comment on yesterdays strange AT trades - very small values.

I assume they are MM signals, or some sort of manipulation?