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PTY Partway Group Plc

0.875
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Partway Investors - PTY

Partway Investors - PTY

Share Name Share Symbol Market Stock Type
Partway Group Plc PTY London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.875 08:00:03
Open Price Low Price High Price Close Price Previous Close
0.875 0.875 0.875 0.875 0.875
more quote information »
Industry Sector
SOFTWARE & COMPUTER SERVICES

Top Investor Posts

Top Posts
Posted at 21/11/2023 17:52 by hedgehog 100
The positive aspects are that this business sale removes the perceived risk of PTY going bust, and creates a very attractive cash shell: with a low market cap., good cash balance, and capable directors ... and at an ideal time.

Poor stock market conditions tend to make it harder to IPO, increasing the attractions of the RTO (reverse takeover) route, and increasing the bargaining power of listed shells.

And meanwhile, the valuations of RTO targets for shells tend to be depressed.

So in summary, listed shells are in effect becoming more valuable: more capable of cutting a cracking RTO deal on great terms - i.e. a better shell valuation and lower target valuation, and great quality targets.

Moreover, listed shells are a great place to 'park funds' at the moment.

Many investors may wish to reduce their exposure to shares in companies with trading businesses, but holding cash for months doesn't give any real direct upside - certainly in the short term.

A PTY shell though will have both cash underpinning, and great potential upside - it could easily double or more from this level on a good deal.

And you don't have to worry about funds being tied up here for a while if you won't be using them anyway.
Posted at 17/9/2023 11:39 by hedgehog 100
In the eight previous years prior to last year, PTY's interim results were announced on or before 22nd. September, so I wouldn't be surprised to see them announced this coming week - i.e. on or before Fri. 22nd. September 2023:-

22/09/2021 07:00 UK Regulatory (RNS & others) Parity Group PLC Interim Results LSE:PTY Parity Group Plc

22/09/2020 07:00 UK Regulatory (RNS & others) Parity Group PLC Interim results LSE:PTY Parity Group Plc

20/09/2019 07:00 UK Regulatory (RNS & others) Parity Group PLC Half-year Report LSE:PTY Parity Group Plc

20/09/2018 07:00 UK Regulatory (RNS & others) Parity Group PLC Unaduited financial report LSE:PTY Parity Group Plc

14/09/2017 07:00 UK Regulatory (RNS & others) Parity Group PLC Half-year Report LSE:PTY Parity Group Plc

08/09/2016 07:00 UK Regulatory (RNS & others) Parity Group PLC Half-year Report LSE:PTY Parity Group Plc

15/09/2015 07:00 UK Regulatory (RNS & others) Parity Group PLC Half Yearly Report LSE:PTY Parity Group Plc

10/09/2014 07:00 UK Regulatory (RNS & others) Parity Group PLC Half Yearly Report LSE:PTY Parity Group Plc


If the results aren't accompanied by a takeover of PTY, then we could well see more director share buying at the current depressed s.p., if they're not constrained by insider info.

They were buying not that long ago at over 2.6 x the current share price of 2.75p:-


09/05/2022 18:10 UK Regulatory (RNS & others) Parity Group PLC Director Dealing LSE:PTY Parity Group Plc

"Parity Group plc (AIM:PTY) (the "Company"), the data and technology-focussed recruitment and professional services company, has been notified that on 5 May 2022, Michael Johns (CFO), purchased 139,082 ordinary shares of 2 pence each in the Company at a price of 7.19 pence per share.

Michael Johns now has interests over 139,082 ordinary shares representing approximately 0.13% of Parity's issued share capital. ..."




04/11/2021 07:00 UK Regulatory (RNS & others) Parity Group PLC Director/PDMR Shareholding LSE:PTY Parity Group Plc

"Parity Group plc (AIM:PTY) (the "Company"), the data and technology-focussed recruitment and professional services company, has been notified that on 3 November 2021, Mark Braund (Executive Chairman), purchased 134,660 ordinary shares of 2 pence each in the Company at a price of 7.412 pence per share.

Mark Braund now has interests over 134,660 ordinary shares representing approximately 0.13% of Parity's issued share capital. ..."
Posted at 27/7/2023 16:13 by hedgehog 100
PTY's share price did move dramatically ahead of that announced possible move to AIM and fundraising, but the move was on far higher trading than now, and was commented upon by the company.

The move was also actually upwards.


10/05/2013 13:12 UK Regulatory (RNS & others) Parity Group PLC Possible fundraise and move to AIM LSE:PTY Parity Group Plc

"The Company notes the recent movement in its share price and confirms that it is in advanced discussions with new and existing investors to raise funds in order to be in a position to pursue its previously announced strategy to acquire businesses in the UK digital media market. The Company also confirms that, subject to shareholder approval, it is proposing to cancel its current listing on the premium segment of the Official List and to apply for admission to trading of its ordinary shares on the AIM market.

Further details will be announced in due course."





(PTY Chart 1.1.13 - 10.5.13)
Posted at 26/7/2023 18:30 by hedgehog 100
From this thread header:-

"Long-term investors in Parity will have witnessed the rise and the fall of a business which at its peak in 2000 was worth around £1 billion."


The billion pound valuation was obviously far too much, in line with the technology bubble at that time.

But now, at an all-time low of just 3.25p, market cap. £3.35m., the share price looks to have overshot in the opposite direction.


PTY's skilled technology staff of over a thousand are a scarce resource, and as such the share is deserving of a far more generous rating to reflect that:-

"Data analysts jobs and talent outlook (UK)
Data analysts are in demand, with just 2 candidates per current vacancy. If you're searching for these skilled professionals, you might be suffering from increased time and cost to hire. ..."
Posted at 27/8/2021 13:06 by onjohn
Tim watts loses his pants and his shirt

So does that numpty Inst investor helium rising


Farty
Posted at 09/6/2021 15:34 by cricketcrazy
The Parity AGM is at 11.30am tomorrow on the Investor Meet platform
Posted at 23/4/2021 09:50 by insideryou
Markets sure are fickle and react and overreact in equal measure... Added a few more as I'm very confident after investor meeting... Dyor.
Posted at 21/4/2021 13:31 by insideryou
Just returned from the parity investor meeting and left very optimistic of a positive 2021... Under demanding market cap with potential to grow 15% minimum year on year to 2025 and beyond as stated by the board... A healthy 9million facility on favourable terms allows Parity to grow in their chosen arenas, both organically and through acquisitions. I have added more to an already large holding.
Posted at 21/4/2021 08:52 by aclelland
Parity Group plc ("Parity" or the "Group" or the "Company"), the data and technology focussed professional services business, today announced its full year results for the year ended 31 December 2020

The RNS is at the following link:

Matthew Bayfield, CEO and Mike Johns, CFO will provide a live presentation relating to the final results for 2020 via the Investor Meet Company platform on 21st Apr 2021 at 1:00pm BST.

The presentation is open to all existing and potential investors. Questions can be submitted pre-event via the Investor Meet Company dashboard up until 9am the day before the meeting or at any time during the live presentation.

Investors can sign up to Investor Meet Company for free and add to meet Parity Group plc via:




Investors who already follow Parity Group plc on the Investor Meet Company platform will automatically be invited.
Posted at 20/4/2021 14:37 by chrisdgb
Results imminent, let us hope the new broker takes them round some new investors.....

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