Personal Share Discussion Threads

[moogies] 31/3/2006 08:37

IC has reiterated it's BUY rec today.

M.

[flc] 28/3/2006 07:04

Yes Eric - that's what I meant. Chris Johnston can now retire happily and spend the rest of his days floating around the Med on his boat, which I'm told is also very impressive.

[Abuse team] 27/3/2006 19:57

Post removed by ADVFN

[makingheaps] 27/3/2006 16:56

Still yields over 5%. PE is between 15 if you use fully diluted on post tax earnings or 8 on EBITA. Generating cash and a very strong balance sheet with £20.5m shareholders funds and only £9m goodwill. This is very conservatively priced. More of the same please.

[eric bristow] 27/3/2006 11:17

I think you mean never fail to 'impress'

Great share and Chairman looking to retire soon so expect a take over.

EB

[flc] 27/3/2006 10:57

Impressive - as I said before they never fail to disappoint.

[Abuse team] 16/3/2006 18:02

Post removed by ADVFN

[eric bristow] 16/3/2006 18:01

Definitely one for widows and orphans.

EB

[makingheaps] 16/3/2006 17:26

Nice to see these rising despite going ex dividend. The market obviously expects positive results to be announced in 11 days

[moogies] 24/2/2006 15:44

PERSONAL GROUP HOLDINGS PLC - Dividend Declaration

24 February 2006
PERSONAL GROUP HOLDINGS PLC
Dividend
The Directors of Personal Group Holdings Plc ("Personal Group"), the employee
benefits provider, are pleased to report that company performance for the year
ended 31 December 2005 is in line with market expectations and announce that a
dividend of 5.5p per share (2004: 5.25p) will be paid on 31 March 2006 to
members on the register on 10 March 2006.
Shares will be marked ex-dividend on 8 March 2006. The Company will announce
its preliminary results for the year ended 31 December 2005 on 27 March 2006.
The Annual General Meeting will be held on 25 April 2006.
END

PERSONAL GROUP HOLDINGS PLC

[flc] 17/2/2006 09:28

No probs Bon.

[bonnard] 17/2/2006 09:00

Thanks FLC. I am happy to keep holding. This is one stock that I have never had to think about since buying. Just a slow steady rise with excellent dividends. I appreciate your professional insight.

Bon

[flc] 17/2/2006 07:56

Bon

Being in the same sector I monitor their activities very closely as well as their client base. Don't get me wrong, they are extremely good at what they do and have an excellent management team. The business has been built on worksite marketing of protection products i.e. Hospital Plan which has been very lucrative for them.

The voluntary benefit market has matured over the last couple of years and we've seen most of the large financial institutions jumping on the band wagon with their glossy voluntary schemes. Competition is much more fierce now than it was a few years ago and senior HR managers are starting to do due dilligence on suppliers who wish to promote products to their staff.

This is the main reason PG have extended their services in to other areas such as Flex and Salary Sacrifice. The problem however is that they are not experts in these fields and are still regarded within the market as sellers of protection benefits. Other providers working on a similar basis have far better products and as such PG are losing market share.

What they are very good at however is milking an employee base quickly and building their book. Once the costs have filtered through in the first year they make good levels of profit from the premium income which is why their book has a substantial value and would be attractive to one of the large insurers.

I'm sure they will continue to delight shareholders.

[bonnard] 16/2/2006 17:34

FLC,

How do you know they have been losing clients? Every company loses customers but also pull in new ones. Are PGH losing more than they are winning?

Thanks, Bon

[flc] 16/2/2006 17:02

Should be as steady as ever but I don't think they will have much to talk about on the new client front. They've been losing quite a few over the last 6 months and not making much headway with new clients. Should not really have much impact on figures as they makes loads of dosh from short term relationships anyway.

[makingheaps] 14/2/2006 15:34

Moving higher today in anticipation of results due in a month or so?

[robsy2] 26/9/2005 15:02

Yeah
Not much excitement but no nasty surprises either, unlike say TPA where the bean counters can't or don't want to, add the figures up right.
A bit of "sleep well at night" is very comforting in the meantime!

[josephjoe] 26/9/2005 12:36

as i said before, money in the bank, look at the chart, no worries.

[moogies] 26/9/2005 10:07

Yes agreed.

Looks like no-body else is interested though - so I'll just file PGH away for the next 6 months and go back to sleep!

Snooze...snooze...snooze

[robsy2] 26/9/2005 09:30

Nice set of results.
As the chairman notes ,the market is extremely competitive but they are well placed. They are able to find clients by running benefits packages for companies.They now have an IFA arm to crank up the sales to the existing clientbase and they now have a profitable insurance platform to execute business.
All in all a good position to be in.
Robsy

[josephjoe] 14/9/2005 11:33

hi Robsy,
Couldn't agree more,be patient,not long now for breakout, 6-7% yield as well, money in the bank, good luck.