Penna Consulting Share Discussion Threads

[battlebus2] 10/6/2015 16:20

Surprised by the selling but hey ho..

[battlebus2] 10/6/2015 15:21

Large sell has caused the slight pull back but a good buying opportunity imv.

[sailing john] 10/6/2015 08:46

I agree with all the comments above.

SJ

[shanklin] 10/6/2015 08:24

Well done, shame I never bought any. In this sector, RTC is perhaps also worth keeping an eye on albeit it has lower turnover and Mkt Cap than PNA.

[battlebus2] 10/6/2015 08:19

Yes very overlooked Stegrego, couldn't find any press news yesterday apart from on twitter.

[stegrego] 10/6/2015 08:17

Seems like these results have been missed by most or is a buyers strike.
Surely worth at least 50% from here.

[battlebus2] 10/6/2015 08:07

On any normal measures the share price should be double what it is now but given it's low rating bigger fish most have noted yesterdays results, consolidation is still to the fore in the sector.

[wjccghcc] 09/6/2015 08:18

Wow. Happy this is my biggest recruitment holding. Well done management.

[sailing john] 09/6/2015 08:03

Agreed - BB

EPS 15p, a solid balance sheet, decent yield and positive outlook

What's not to like?!

[stegrego] 09/6/2015 08:02

Great results. Beat next years numbers already I think.
Huge divi hike.
Just a pity it's up 15% already as I wanted to buy more.

[battlebus2] 09/6/2015 08:01

During the year we made significant investments in building our professional teams and in providing them with an outstanding working environment and leading edge technology.

The business has considerable momentum and if the UK economy continues to grow strongly we expect to see a dramatic rise in volumes and in expenditure per HR project.

Penna's businesses generate cash and we ended the year with GBP2.3 million (2014: GBP0.9m) and no debt having invested GBP1m in new facilities, paid dividends of GBP0.9m and purchased over GBP0.4m of our own shares.

Therefore, in an environment where investor returns are challenged, I am pleased to report that we remain committed to a progressive dividend policy and the Board is recommending a final dividend of 4.0 pence (2014: 1.5 pence) to make a total dividend of 6.0 pence (2014: 3.0 pence) for the year. If approved at the Annual General Meeting, the final dividend will be paid on 19 November 2015, to shareholders on the register on 23 October 2015.

[battlebus2] 09/6/2015 07:19

Fantastic results.....ahead of forecasts...


Penna Consulting Plc (PNA: AIM), the international human resources consulting group, today announces its preliminary unaudited results for the year ended 31 March 2015.

FINANCIAL HIGHLIGHTS

-- Revenue +22% to GBP84.4m (2014: GBP69.0m)
-- Net revenues +24% to GBP44.7m (2014: GBP36.1m)
-- Pre tax profits +70% to GBP4.6m (2014: GBP2.7m*)
-- Diluted earnings per share +131% to 15.1p (2014: 6.5p*)
-- Net cash at year end +148% at GBP2.3m (31 March 2014: GBP0.9m)
-- Final dividend +166% to 4.0p (2014: 1.5p)
-- Total dividend per share for the year +100% to 6p (2014: 3p)
*Prior year comparatives show 2013/14 results for continuing businesses before non-recurring exceptional items

OPERATIONAL HIGHLIGHTS

-- Impressive profitable growth in Recruitment
-- Major penetration into Retail / FMCG sectors in Outplacement
-- Increased number of long term contracts
-- Successful integration of Savile Group
-- Continued investment in infrastructure and people
Commenting on the results and outlook, Stephen Rowlinson, Chairman, said:

"Penna produced an excellent set of results for the year to 31 March 2015 with pre tax profits up 70% to GBP4.6 million and diluted earnings per share more than doubled to 15.1p per share. The business is well balanced and all three divisions made considerable progress. As the UK economy continues to grow strongly we are seeing a significant rise in clients' expenditure on recruitment and other HR projects. Penna continues with impressive momentum."

[battlebus2] 02/6/2015 23:50

Penna Recruitment Solutions announces multiple wins
Posted in News archive on 2nd Jun 2015


Penna, the global people management business, has today announced multiple wins within its Recruitment Solutions service line – celebrating new contracts with Asda, the Local Government Recruitment Partnership (LGRP) and Go Ahead.

Penna Recruitment Solutions will be delivering the following services to:

Asda: The supermarket chain has chosen Penna to develop their Employer Value Proposition – helping to bring to life what a great place it is to work to potential candidates. Penna will also be designing and building Asda’s external careers site, as well as supporting with internal recruitment advertising across other functions – hiring talent into roles with George’ clothing range and in logistics, for example.
LGRP: Penna has been chosen as the sole supplier for Lot 1 services, to deliver Strategic HR Management Consultancy Services. The new procurement partnership of local authorities which commissions recruitment and resourcing services for its members, will see Penna offering support in anything from: executive coaching to organisational design and development; people management solutions to social media management; outplacement to resourcing strategies and much more.
Go Ahead: Penna will be building and hosting a learning and development portal for the leading provider of passenger transport in the UK. Ensuring the portal is content rich, relevant and mobile ready, Go Ahead’s transient workforce will have access to learning and development tools when they are out in the field.

Commenting on the recent wins, Julie Towers, managing director of Penna Recruitment Solutions, said: “We’ve had a great 2014/2015, with significant client and project wins – which is testament to our excellent team and it’s good to see the new financial year start with new wins. Organisations are keen to make sure that their employees have access to suitable opportunities and support via quality HR services, to ensure they remain competitive in today’s market– and we are thrilled that Penna has been chosen as the providers to help them do just this.”

[battlebus2] 27/5/2015 16:13

More sellers today, results next month.

[battlebus2] 18/5/2015 16:12

Well i've added some more today at 154, long term this is a great investment imv though some have decided to sell with a 13.5k sale late reported today.
Forecasts for revenues of 77.5 million with pre tax profits of 4.5 million on EPS of 13.38 that's EPS growth of 63% and a dividend of 3.5p along with possible acquisitions to comeAs ever dyor etc.

[battlebus2] 18/5/2015 13:19

Sale on the icap exchange has knocked these back but i suspect it's a mm's tactic as i also see a trade well over the offer at 160p.

[battlebus2] 15/5/2015 13:46

One of the best recruitment stocks around, i've been adding every now and again as they only deal in small amounts.

[wjccghcc] 15/5/2015 12:26

Yup. Still holding mine.

[qs99] 15/5/2015 12:22

anyone else in for the full year results?

[qs99] 15/5/2015 09:16

Wonder when full year will be out?

[foxman14] 23/3/2015 14:10

This is a first for me. Topped up at 138.4p when the offer was 140p. The offer immediately dropped to 138p! Dare I say that I think the MM's are dishonest!

[qs99] 27/2/2015 11:41

Nice piece of blue for PNA today, was it tipped?

[qs99] 03/2/2015 15:13

anyone bought the dip ahead of next update?

[cfro] 13/11/2014 10:31

Market offered a tasty nibbling chance there this morning.

Buys taking advantage.

[qs99] 12/11/2014 15:55

I have emailed company for any broker updated notes, will advise if I get a response. Sent this am and nothing yet!