Partway Share Discussion Threads

[diku] 06/9/2021 13:25

That CEO going was the writing on the wall...if he saw prospect of making money for the company, his shareholders, and himself he wouldn't have left...lots of unknowns and info gaps missing...is somebody bailing out from this lost of a cause share?...

[diku] 06/9/2021 09:01

Sell the company...

[its the oxman] 03/9/2021 14:40

Fear 5p coming soon.

[diku] 03/9/2021 08:24

Sell the company...

[onjohn] 27/8/2021 13:06

Tim watts loses his pants and his shirt

So does that numpty Inst investor helium rising


Farty

[onjohn] 27/8/2021 13:02

Turner pope is bucket shop

1p placing imho

[argylerich] 27/8/2021 12:56

Hi Cricket,
Is there any restriction on who a company can use for a fund raise (if it's needed)?
The only reason I'm mentioning TP is because of Gerry Brandon's involvement. He's currently involved in 3 turnarounds and all of them have used TP for funding.
I'm sure it's also not a coincidence that Parity are pointing to data as being an area of interest and GB's knowledge there.
With net cash at £0.2m in Dec you're a braver man than I to be buying at the mo with the Board talking about underinvestment, despite the impressive lending facility.
Good luck, I'll be watching :-)

[its the oxman] 27/8/2021 12:51

Hope your right for long term survival of the co, but pty has and continues to be a serial disappointer. Meantime more bad news and results to get through before the possibilty of anything remotely positive so who wants to buy in now.

[cricketcrazy] 27/8/2021 12:31

I am a strong buyer at these levels. Mark Braund has a good track record and considerable experience in the recruitment sector, look at what he has done at React Group, Lorien and Interquest. While the previous CEO could only cut costs, he ignored the fact that underinvestment in the core business would leave the company unable to take advantage of any upturn. I believe Mark Braund will now turn this company around and rebuild both its reputation and share price.
ArgyleRich - FinnCap are the brokers not Turner Pope and with over £3m cash and their existing facilities FinnCap do not anticipate any cash constraints. They have maintained their 18p price target following the announcement.

[argylerich] 27/8/2021 09:15

Placing price sweepstake entry at 3.5p, bonus ball that it's Turner Pope.

[diku] 27/8/2021 08:55

One is buying here to support BOD lifestyle so they can just plod along...all that huge turnover so where is the money going?...

[its the oxman] 26/8/2021 22:18

Yes does look like sell while you can before the raise, further restructuring and kitchen sinking. Shame it's all gone so bad.

[zingerburger] 26/8/2021 19:34

Placing at 3p I fear

Otherwise administrators

[diku] 26/8/2021 18:40

Sell the company stop ploding along...better served under a bigger umbrella...

[diku] 26/8/2021 18:38

The writing was on the wall in red ink...when a CEO leaving the company with immediate effect...and then the next paragraph thanking him blah blah blah...there is always that 2 -3 months gap period before the news to come out...massage the leaving news..





Parity, the data and technology-focussed recruitment and professional services company announces that Matthew Bayfield, Chief Executive Officer, will be leaving the Company with immediate effect. Mark Braund, the Company's non-executive Chairman, has been appointed interim Executive Chairman.

Mark Braund, Chairman commented: "On behalf of the Board, I wish to thank Matthew for his work and commitment through a period of change and wish him the best in his future endeavours."

[its the oxman] 26/8/2021 15:25

Price holding up well, thought sub 6p might be seen.

[diku] 26/8/2021 14:02

The reviewing will be to infinity...what is the weather like tomorrow...will do more reviewing if it is thunder storms...




Since Mark Braund was appointed as interim Executive Chairman in June 2021, the management team have undertaken a review of the business and refined the strategy to focus on and reinvest in Parity's core business of recruitment solutions; targeting in-demand skills in the data and change management sectors, where the Group has been developing a presence.

[diku] 26/8/2021 13:58

What does a professional services company do?...and they always seem to find a way of pin pointing the reasoning for poor trading...put the company up for sale...stop ploding along...







Parity, the data and technology-focussed professional services company, today announces an update on trading for the financial year ending 31 December 2021 ("FY 2021").

Trading in H1 has been impacted by underinvestment in the core recruitment solutions business over the last two years and the failure to develop a sustainable and scalable consulting business. As a consequence, the Group is revising its outlook for FY 2021 and will focus investment in the near-term on restoring capability and capacity in its core recruitment solutions business, especially in sectors where market demand is both strong and resilient.

[argylerich] 26/8/2021 12:30

Here comes Turner Pope to the funding rescue...?

[its the oxman] 26/8/2021 12:04

Dreadful update, surely only more pain to come here.

[diku] 23/8/2021 23:38

Hence no need to plod along...put the company up for sale...



Big turnover, narrow margins in this sector.

[weatherman] 21/8/2021 10:28

Big turnover, narrow margins in this sector. They ought to use their spare capacity to develop bespoke software and widen margins.

[diku] 21/8/2021 10:23

One of a handful of Y2000 tech companies still around with huge turnover but how much profit?...where is the money going?...am I or are we missing something...probably better served under a larger umbrella company...

[diku] 05/8/2021 08:16

Buying shares here is like supporting insiders lifestyle...

[chrisdgb] 04/8/2021 09:45

Maybe Rosslyn Data or Shearwater should buy them....??