Personal Share Discussion Threads

[simonevans] 17/5/2003 10:12

I agree - the chart does now look very encouraging. I haven't paid this one much attention recently - it's one of those stocks you buy and hold for a long time, but things look like they could get more interesting. £2 may be on the cards.

[2magpies] 12/5/2003 16:26

interesting chart,

plus very bullish sounding(to me) words from company at last results

[cockneyrebel] 12/5/2003 13:12

Seems to be a chart breakout today - looks an interesting stock.

Grabbed a few earlier - directors are buying nicely.

Broker estimates are for 13.4p eps this year, from the 8p for the year gone

With a 6% yield of 8.5p forecast for this year this seems good value.

Plenty of cash in the bank and decent cashflow too.

Looks interesting to me.

CR

[fun lovin criminal] 31/3/2003 08:36

I work for a competitor of this company. PGH have built a very robust and profitable business over the last 18 years. Essentially, they were the pioneers of benefit booklet publication in the UK enjoying almost a free reign in this market sector.

Voluntary benefits will be a huge growth industry over the coming years as employers seek cost effective ways of enhancing benefit packages. Therefore, PGH will face growing competition - we have already won some of their business. Their core product (Hospital Cash Plan) is a poor substitute when compared with other insurance products albeit they are extremely successful at 'selling' it in to employee groups through worksite activities giving them a live base of over 350,000 members.

Their worksite activities have caused some upset in the corporate market and their sometimes hard sell approach to employees has lost them some sizeable corporate clients. Never the less, they are still market leaders, have a good client list and millions of pounds of premiums sat in their book.