Parkwood Holdings Share Discussion Threads

[daza70] 09/5/2007 08:36

ive gone back in this morning!

[mistertibbs] 08/5/2007 11:42

I'm another long term holder and don't know what all the fuss is about. PKW was sitting on a high p/e with the boss himself losing more than all pis' put together.

Patience for goodness sake

[lex1000] 08/5/2007 07:07

200 sma support & bounce?


free stock charts from www.advfn.com

[zipstuck] 08/5/2007 06:39

A new order book target of £1.0 billion was set in 2006 and stands at £412
million at the year end a 44% increase over 2005. This figure is calculated on
the basis of forecast income rising in connection with existing contracts to a
ten year horizon. Recent awards of preferred bidder status suggest an
additional £85 million may be added by the summer of 2007, mostly in the
leisure sector. This will also assist Parkwood in continuing to raise net
profit margin.

SIT TIGHT

[poyntona] 06/5/2007 22:25

If there is anything wrong why would Barclays be adding to their stake. They have probably been speaking to the people in charge before doing so.

[zipstuck] 05/5/2007 07:19

I have been in PKW for a long while and from a finance perspective I can understand the no update. Since the results in March, On May 3rd PKW had only the March accounts to review to add to any comments in the March Statement. I therefore assune that there is nothing to add and I am happy to hold on this basis. I may be proved wrong of course. Trouble is that small investors thirst for information and quick returns. This is not a tech stock but a solid growth stock. I imagine a few stop losses are kicking in for those who bought at the top.
I will sit tight and wait for a pre close statement or interims.

[ahmedjbh] 04/5/2007 22:19

anyone at the agm?

anyone ask why the price is dropping faster than my heart can handle?

[zipstuck] 04/5/2007 17:28

predictable

[bigboyo] 04/5/2007 16:20

that AGM statement is pure class I constipated anal !

[zho] 04/5/2007 16:04

AGM STATEMENT


At the Annual General Meeting of Parkwood Holdings plc held on 3 May 2007 the
seven ordinary and two special resolutions set out in the Agenda were passed
unanimously by shareholders.

[taffychaff] 04/5/2007 14:53

somethings up if you ask me

[holgerl] 04/5/2007 13:21

WTF!! has there been some crud news somewhere, looking ghastly

[bigboyo] 04/5/2007 13:10

penpont

some of us are now sitting on a loss ! -- this company seemed a plod along basic service provider -- cleaning parks and planing trees -- maybe there is an issue with the healthcare side ??

get rid of that and this has the potential to be a little cracker

[zipstuck] 04/5/2007 13:10

Its less than months since results and the trading statememntis below. I imgine that its too early to give guidance on the half year thats any different from in line with the below.

I dont think this is a volatile business.


OutlookThis is another strong set of Parkwood results. The Group's improved turnover,
profitability and cash flow make Parkwood better placed to consider sensible
acquisitions and implement other strategic initiatives that will supplement
continuing organic growth.
In addition, our project management company is seeking new projects in the
leisure and cultural markets. Parkwood Leisure has already made progress on
organic growth with recent contract awards and Glendale's diversified
activities in Golf Management and Recycling will continue to expand, as will
the Group's core Grounds Management operations. The developing PFI market in
Germany is also being explored.
Group trading has started 2007 in line with budget and prospects for the future
are good.

[nickcduk] 04/5/2007 12:20

Apologies about the AGM statement. I had assumed it was today. It is a little strange not issuing the statement on the day and I guess that has spooked a few investors. Hopefully todays statement will clarify matters.

[penpont] 04/5/2007 12:10

Yes, but the AGM was actually yesterday at 11am, at least acc to the AR. That makes for uncertainty esp. when the price is trending sharply down. I've taken a prudent approach and sold some this am to protect profits.

In any case I'm afraid this little episode has dented my faith in the company's investor relations and I'm therefore inclined to move on elsewhere.

[nickcduk] 04/5/2007 11:55

Last years AGM statement was released at 1:32pm. I would expect something around the same time again. The last statement was bullish enough and not too long ago. It has tended to be small drip selling that has dragged it lower so hopefully it will be nothing to worry about. Ive gone long this morning at 114p and will add to my position if the trading statement says everything is on course for another strong year.

[taffychaff] 04/5/2007 10:21

the trouble with high turnover low profits companies like this dealing in construction projects is that it can very quickly go wrong...and profits turn to losses.

[smiler1] 04/5/2007 09:53

I have rang the company - an RNS is being put together for release later today apparently. I asked whether there would be mention of current trading and was told that this was not discussed at the meeting. Seems strange if this is so - they gave an update in last year's AGM. Have drawn my own conclusions and am out. Probably over reacting and live to regret it.

[penpont] 04/5/2007 09:34

Yes, normally I'd agree with you Poyntona (and I'd add that Fountains, a business with some similarity, came out with a good statement today).

However, the share price fall has been pretty serious, and I'm concerned at why there is no AGM/trading statement to help halt this....

[poyntona] 04/5/2007 08:53

Barclays increased their stake from 3% to 5% last week and the Parkwood quarterly magazine showed more contract wins so I would think things are going well.

You also have to remember fuel costs are dropping at the moment so this is a big boost without really doing anything.

[taffychaff] 04/5/2007 08:31

that's what I am waiting for...the two are normally combined.

[penpont] 03/5/2007 16:54

Yes, never seen this happen before.....

Don't know what the LSE ruling is on issuance of AGM statement - anyone got any idea?

[taffychaff] 03/5/2007 15:24

no sign of agm statement.....something seems a bit funny here...was gonna buy more,but now not sure.

never liked the fact that hewitt owned 54% but dismissed it as me 'being silly'