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MSS Managed Support

0.045
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Managed Support LSE:MSS London Ordinary Share GB00B105MM77 ORD 0.01P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.045 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.045 GBX

Managed Support Services (MSS) Latest News

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Managed Support Services (MSS) Discussions and Chat

Managed Support Services Forums and Chat

Date Time Title Posts
16/11/201210:45Managed Support Services plc - New name for new management2,575
04/7/201110:14 Managed Support new beginning now trading in profit10
15/6/200912:42OUT WITH THE OLD WNG IN WITH THE NEW MSS21

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Managed Support Services (MSS) Most Recent Trades

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Managed Support Services (MSS) Top Chat Posts

Top Posts
Posted at 11/11/2012 07:25 by 2float
Windy

Yet again you dodge the question.

WHY DO YOU DEFEND BEART, HE'S CAUSED THIS COMPANY TO FAIL?

Just answer the question.

By the way, I make plenty from share dealing (and other business interests) and I certainly don't need any advice from you, the one who thinks Beart's done well. One of us has blinkers on, that's for sure!!!!

Now, answer the question.

Oh yes, and as Toad said, show us your trading slips, no one believes anything you claim about your dealings.
Posted at 08/11/2012 08:30 by w1ndjammer
float

if you didn`t make money out of MSS you are the fool,
you have only your self to blame, take the blinkers off,
you are emotionally attached to MSS never a good recipe
for inversting in the stock market. keep your money in the bank.

WJ.
Posted at 08/11/2012 01:39 by 2float
Windy

You are a deluded fool. Simple Simon is a hapless wannabe who did nothing like play this one by the book. And your claim that someone who inherits a company with £13m in the bank has the odds stacked against him is frankly laughable.

If you truly believe the halfwit gave everyone an exit route, speak to the institutions like I have. They utterly despise him. In fact he's been told in no uncertain terms never to show his face in the city again!!

The bumbling fool has consistently made outlandish and untrue claims of fraud by the previous board which have all been proven to be completely untrue, following an extensive criminal investigation. The man is a hopeless loser who was entirely responsible for this company failing. No one else is to blame.

So given your comment about "blatant fraud", exactly who are you accusing? The previous board have been completely cleared by the SFO, as you well know. So who are you referring to?

I've been doing some digging around and Beart has now been involved in the takovers of three companies, XKO, MSS & the takeover of Gresham by Parkwood. On every occasion he seems to subsequently find fraud or wrongdoing by previous boards or directors. Now, either Simple Simon is the unluckiest person ever in the history of corporate deals, or perhaps he finds it convenient to uncover dark deeds. Strangely, all of his claims about wrongdoing in all of the above three companies were subsequently proven to be baseless.

Now, regarding you. Despite what you say, you have never given an answer as to why you stubbornly defend the indefensible. Beart is a failure who is entirely responsible for what happened to MSS. He was in charge for 5 years (longer than anyone) taking an enormous and undeserved salary, during which time the shares plunged lower and lower.

The previous board are irrelevant so stop referring to them, they've been cleared, why do you defend Beart? Just answer the question.
Posted at 14/8/2012 08:32 by w1ndjammer
May 14, 2012 9:55 pm

Worthington director given accounts ban

By Duncan Robinson






A former finance director of Worthington Nicholls has been excluded from the Institute of Chartered Accountants in England and Wales for six years after producing "materially false and misleading" financial statements.

The ban is the second-longest achieved by the Accountancy and Actuarial Discipline Board.







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Timothy Hunt was found to have presented misleading interim accounts in June 2007 by including £770,000 of turnover at the air conditioning installation and maintenance group for which he had no evidence, according to the AADB.

An independent tribunal also concluded that Mr Hunt failed to prevent the release of misleading information to investors before a share placement by Worthington Nicholls worth £20m.

"The sanction reflects the gravity of the misconduct and Mr Hunt's refusal to accept responsibility for his actions for the last three years," said Tom Martin, executive counsel at AADB.

Richard Jones QC, who chaired the tribunal, said that Mr Hunt "fell short of the standards expected of a professional accountant."

In May 2007, Mr Hunt allowed a share placement letter containing misleading information to be released to the market, the tribunal found.

The letter claimed "current trading is strong" and that there was "strong trading momentum in the group's current business". But the group had a net cash outflow of £285,000 a week and was reliant on external funding, according to the AADB. The subsequent share placement raised £20m.

AADB argued that as Mr Hunt was the sole qualified accountant on the board, he was in a unique position to recognise the company's financial position.

Mr Martin said: "Mr Hunt has been party to misleading regulatory news service announcements and, more seriously, issuing a set of misleading interim accounts for Worthington Nicholls Group."

The company was admitted to the small-cap Aim index in June 2006. The shares were priced at 50p in an initial public offering through Corporate Synergy, the now-defunct brokerĀ­. They peaked at 193p in April 2007, giving the group a market capitalisation of £146m.

By August the share price had plunged almost 90 per cent to 20p after a series of profit warnings. It ended the year with a market capitalisation of £12.5m.

The group was renamed Managed Support Services after it was taken over in late 2007 by a turnround group led by Simon Beart.

It sold its health and safety and water divisions to Capita and its facilities management division to Rentokil Initial last year.

It now operates, in effect, as a cash shell, according to Mr Beart, its chief executive.

Mr Hunt's counsel declined to comment.
Posted at 27/5/2012 09:42 by richmond9
W1NDY

The game isn't over, until its over so lets wait and see shall we. I think June is going to be a big month for SB.

Im sure he's feeling a mixture of relief, for getting out of the mess that was MSS, regret for making such a complete horlicks of the whole turnaround which has resulted in the end of his city career, and (if hes got any sense and half decent advisors) dread at the thought of what is going to come out of the wreckage, because SB will be taken to task over this and will at the very least loose his wealth and perhaps even his liberty

SB played the SFO card, his friends in the press (MoS) backed him up by printing story's to get the band wagon rolling and he involved the legal system. All done to help him get rich so he could look his brother in the eye as an equal, and to massage his massive personal ego. He stated his aims four months before taking over at WNG with claims of fraud and the Worthingtons. The reality is that it has all been shown to be lies following completion of the 5 year investigation.

He used this fraudulent smoke screen to blow £29m pounds, rebranding, clearing out, closing good companies so he could buy badly in an attempt to prove he was a specialist and crashing the share price and the shareholder value.

Im sure he's in the Isle of White this weekend or at home in Battersea hoping this will pass and he can move on. Thats the arrogance of the man. Untouchable? I think not. If you play with the law for your own gain, don't be surprised if it takes a dim view of your actions and comes back to haunt you. Also be very sure that the people you try to bully, are not the kind of people who enjoy a fight and stand up for what's right.

"It's a little like wrestling a gorilla. You don't quit when you're tired -- you quit when the gorilla is tired."
Posted at 09/5/2012 14:18 by w1ndjammer
hmm another placing, you guys should be selling

Rivington Street Corporate Finance Limited has conditionally raised GBP500,000 before expenses by way of a subscription for 2,500,000,000 New Ordinary Shares at a price of GBP0.0002 per share. The Placing is conditional on admission of the Placing Shares to trading on AIM

got to hand it to SB looks like he had the last laugh

Richmond you said the co was worthless, now your shares will be truly worthless

its a shame because i told SB to use the company spare cash to buy stock in TAN when the shareprice was at 10p and the markt was flooded with them, so 5% was easy to pick up.

now it looks like it will be mineing stock instead.

WJ,
Posted at 26/3/2012 23:50 by 2float
Hahahahahaha Windy you muppet

Yes Windy, Richmond and I "helped to send the share price to new depths", on our own, and none of it was simple simon's fault. The pathetic excuse for a board and the CEO, simple Simon Beart, clearly had nothing to do with the astonishingly poor performance of this company since he gained control nearly 5 years ago.

Despite the fact he's had total control and simple Simon's continued assurances that "it's all going in the right direction", this company has been one of the worst performing stocks in recent years. Why? because of two posters on this board (according to windy!).

The truth is, simple Simon's out of his depth and shouldn't be running PLC'c.

As for you, Windy, I think you need to seek medical help!!! ;)

P.s. I shan't be following your latest tip, after all, you've been tipping this stock and it's muppet of a CEO for the last 5 years!!!
Posted at 26/3/2012 20:35 by w1ndjammer
well i am sure we all made some great profits today.

i would just like to say thank you to richmond & float for the constant deramping which has helped send the share price to new depths.
as promised i bought rather lower than expected, took a nice 75% profit
and I AM OUT .

i am loading up on FOGL yes float that is a tip bought a shed load at 63p
with a target price of £30.00 August / september 2012

WJ.

yes that is 3000p and could be alot more targeting 7.5 billion barrels oil.
Posted at 20/3/2012 10:52 by sheila16
the educated time to exit? by telling us everything is ok in every RNS???

cloud cuckoo land.

one question for you (rhetorical) - what's the current share price?
Posted at 14/3/2012 09:28 by 2float
Windy

At times you post the most bizarre comments.

I don't think I'm missing the point at all. You were referring to libel and slander, just because I've pointed out you referred to people as "bandits" and that nobody pursues slander cases anymore because payouts are very low, you've changed your argument to now discussing inside information.

So, to answer that one. Posting something on a BB is NOT manipulating a share price (whether your post is true or not). The only info you should trade on is info supplied by the company.

Besides, there's no law against revealing any info about a company as long as you're not contractually prevented from doing so. What you're not allowed to do is act on any info you have (by trading shares) if the info isn't made public. As far as I can see, as long as Rich9 hasn't traded on info he's been given, he's not got a problem and can say whatever he likes.

However, the company and its board have a duty to clarify the situation if there's a lot of speculation or if an event occurs which is material. Let's see if they do.

Also, why are you defending a board and it's CEO for their extremely poor performance. They have run this company into the ground, in no way could you seriously claim SB has "kept things going"!! He's failed. He's in charge and is therefore responsible. He's lost all the contracts and the money he inherited and raised has nearly all gone. How is that a success!!

Why don't you tell us what your real agenda is here because your attempts to defend the indefensible are BIZARRE!!!!
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