Personal Share Discussion Threads

[quepassa] 25/1/2024 08:17

Great figures/Trading Update.

The insurance side is going gangbusters with significant growth of 13%.

I like the strategy of AFFORDABLE INSURANCE and at a time when the NHS is failing on so many fronts - this is likely in my view to be a major growth area.

Look at that balance-sheet. Zero debt and £20 million cash.

And EBITDA up 33% from £6m to £8m.


The shareholder dividend looks well supported.

All Imo. Dyor.
QP

[basem1] 25/1/2024 08:16

Nice chunky yield at this level too

[basem1] 25/1/2024 08:04

Nice results gone largely unnoticed by the markets

[quepassa] 02/1/2024 10:24

Off the radar.

STRONG INTERIM RESULTS which saw the interim dividend increased by 10%.

If the final dividend is equally increased by 10% which seems a reasonable possibility, this would mean a full year divi of 11.7p ( 5.85p increased interim plus prospective 5.85p final), the yield is currently 6.3% .


Not many AIM shares have a prospective yield of 6.3%.


Moreover, they have an extremely robust history and track record of paying shareholder dividends.

Strong Outlook.

With a new CEO and £21million cash versus market cap of just £58million combined with high dividend, PGH would appear to have a lot of positives going for it.

ALL IMO. DYOR.
QP

[tnt99] 27/12/2023 09:46

Giving away 5 pound notes

[tnt99] 16/12/2023 11:15

Here we gobsmacked I didn't buy more

[basem1] 12/12/2023 11:26

Far too cheap ?

[flc] 21/11/2023 10:48

SP drops 9% on 3 x £500 trades...crazy, crazy!!

[tnt99] 20/11/2023 18:14

Trading up shares down crazy market

[topvest] 19/10/2023 13:04

I agree. Odd that no interim presentation this year. I think this company is turning around. Makes you wonder if something else is going on, or maybe the CEO wants more time to make a mark before engaging?

[quepassa] 07/10/2023 07:49

good company. doing well. lots of strengths.

but.....


1). more announcements, and

2). an investor/market charm offensive


are sorely needed by the Company to promote their image and to foster a better understanding of their business proposition among the investing communities.

[flc] 07/10/2023 06:23

Unfortunately the analysts always scratch their heads trying to fully understand what the business actually does. I think you're right, the share price should recover.

[tnt99] 01/10/2023 18:38

Should reposition shares to over 3 pounds by January

[topvest] 29/9/2023 10:28

Yes, very positive I thought. They are doing well on growing the insurance book which is the main revenue and profit driver. £30m annual premium income is clearly going to be passed in H2 and probably already has been in Q3. The 10% interim dividend increase says it all really. I'm not quite sure why the share price has been so weak.

[flc] 29/9/2023 09:57

Not bad, shouldn't really be using vouchers sales to inflate revenue but never the less it's good to see insurance premium revenues increasing.

[scepticalinvestor] 29/9/2023 06:44

Decent update

[tnt99] 02/8/2023 06:53

This must be a great buy at this priceGiven the update and return to profitability big turn around now covid is in the rear view mirror

[topvest] 24/7/2023 15:19

Yes, 11.2p is forecast with EPS of 15.1p.

[quepassa] 24/7/2023 05:18

Against such a strong Trading Update, last year's dividend of 10.6p (5.3p final + 5.3p interim) hopefully looks safe again - perhaps even with the prospects of being increased this year.


all imo. dyor.
qp

[topvest] 23/7/2023 19:09

Insurance is the main driver and that took a big hit during the pandemic. I am really pleased with how they have turned this around. Annualised premium income was only £24m in 2021, back to £28m last year and now £30m. That is back to where it was roughly at the peak, so hopefully by the year-end it will be an all-time high. Of course, it takes a while to show through in the numbers, but next year we could see reecord premium income. At some point, claims will tail-off as well but that's probably going to take a while. I was very close to losing confidence, and would have sold out if the insurance sales hadn't turned around, but I now think that the new Chairman is worth backing. Change is happening.

[flc] 21/7/2023 06:10

Yes good to see insurance marginally up. Revenue inflated by voucher sales where there's no margin, slow progress in all other areas of the business and knock on effect of Royal Mail to come..its not all good

[topvest] 19/7/2023 20:13

Yes, all going well apart from the Royal Mail contract loss. Insurance is the main driver and that's heading in the right direction which is very positive.

[z1co] 19/7/2023 14:54

That's even better:

Personal Group Holdings PLC Trading Update & Update on CEO Transition-Amend

19/07/2023 3:40pm

Positive first half trading resulting in significant YOY EBITDA growth alongside continued growth in recurring revenues

The following amendment has been made to the "Trading Update and Update on CEO transition" announcement on 19 July 2023 at 07:00 under RNS 4368G.

-- In the Highlights section the benefits platform ARR has been amended from GBP5.3m to GBP5.5m representing an increase of c. 8% rather than c. 6%.

[z1co] 19/7/2023 10:44

Fantastic trading update this morning

Revenue increased by 34% to £46.4m
Adjusted EBITDA increased 75% to GBP2.7m
Cash increased by £3.9m over the 6 months to £22.6m
Zero debt
Paid 10.6p dividend for year ending 12/2022

The company is very bullish for H2

Undervalued by a considerable amount

[quepassa] 19/7/2023 09:31

Wow.
those are great figures today.
Phenomenal growth.

Zero debt.

£22million cash.

But the growth in sales is astonishing.

Very buoyant outlook.

well placed.

not on the radar...... yet.

all imo. dyor.
qp