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Share Name Share Symbol Market Type Share ISIN Share Description
Phsc Plc LSE:PHSC London Ordinary Share GB0033113456 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 8.00 7.00 11.00 0.00 0.00 - 0.00 07:30:13
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 5.2 0.0 0.0 - 1

Phsc Share Discussion Threads

Showing 951 to 975 of 975 messages
Chat Pages: 39  38  37  36  35  34  33  32  31  30  29  28  Older
DateSubjectAuthorDiscuss
19/5/2020
13:58
Sorry about the table. It changed between the ADVFN box and the actual thread!! Hope it still makes some sense.
lehibou
19/5/2020
13:54
I was looking through the AIM 100 in the IC and I noticed MARLOWE (MRL).This is a company that has rapidly expanded in the fields of health and safety,fire safety, water treatment,law, occupational health and air quality through numerous takeovers of smaller companies .Quite a conglomerate and reminds me of the Slater/Hanson era although Marlowe are mainly using cash plus earn outs. I wish them well, but the point of this rambling is the prices paid and the relevance to PHSC. All millions Company Revenue PBT Net Assets Price Paid Solve Not disclosed (HR and employment law) Managed Occupational 4 0.6 0.6 1.8 up to 3 Health Eurosafe 3.4 up to 2.5 Law At Work 5.4 1.0 2.2 6.3 up to 10.3 (subscription based employment law and Health and safety) Fire and Safety 4.3 0.6 1.2 2.4 up to 2.7 Systems Ltd Quantum Compliance 4.5 0.5 1.0 4.0 up to 7.2 (health and safety) Current Market Value PHSC 4.43 0.28 5.3(?) 1.5 (inc 0.7 cash) So what is my point. Marlowe seem to have a penchant for buying small companies that help others with the necessary but “irritating221; aspects of corporate life. If PHSC can ever turn around the security subsidiary (or sell it) then their profits should be nearer the £0.5mi level. Their worth as a stand alone company or as a purchase for another would in my opinion be in the region of 25-30p. A purchaser would surely be able to substantially reduce the Head Office costs. Do not be mesmerized by their net assets as they must surely be reduced by more write downs from the security side. Again courtesy of the IC, I noticed a quote from Stuart Widdowson (a manager of a small companies fund) “We look at whether a company would be worth more to a trade buyer or a private equity investor” N.B All the Marlowe and PHSC's figures are pre COVID 19 but I think this demonstrates that when normality(?) returns and Health and Safety are still paramount in both company and public minds, then a re-evaluation could occur. I have a holding and after my own analysis have bought more. I am happy with my position and the income stream (final might be passed as per other companies!),and view it as a long term holding but would not fight too hard against a takeover at the right price. But these are my musings. I would be interested in other thoughts. As ever DYOR please, and not take the above as an investment recommendation. I am using my own money and my own research for better or for worse. Again I repeat DYOR. ,
lehibou
13/5/2020
21:14
That 30723 first sell trade was bought yesterday at 13p...ouch that will hurt...also 25k and 50k probably from yesterday buys...
diku
13/5/2020
12:16
I e-mailed the company on the 8th requesting a RNS ,but it bounced back,mail box for user is full.Today RNS ,strange world! Cash will decline with reduced work loads,but there is a lot of it so no immediate worries.Bit disappointed that no mention of increased work from Health and Safety as it is very much in news at moment. If they can ever sort out the security side then the Company has a lot of strong arms going forward.
lehibou
13/5/2020
10:28
It isn't bad at all; I would say it's pretty much exactly what was expected. The businesses are in the price for free effectively.
value hound
13/5/2020
09:51
I didn't think the update was all that bad.
zangdook
13/5/2020
08:50
Those who bought yesterday got screwed?..
diku
12/5/2020
12:25
It doesn't take much to budge a co. valued at £1.9m at 13p. I think you have to be confident (hopeful?) in the longer term - not exactly tradeable!
value hound
12/5/2020
12:15
The ceo has had a haircut and beard trim
meijiman
12/5/2020
11:52
news imminent?
spursspurs
28/2/2020
20:39
Nice to get such a big divi today in % terms - particularly in such grim times.
value hound
09/1/2020
08:41
Galaxy Enforcer 23 Dec '19 - 12:46 - 17 of 20 0 0 1 CJohn I am only stating what the company has stated in the interim's regarding the goodwill. The company most certainly hasn't said that writing off the goodwill on the balance sheet will increase the share price!! They say what any company says about goodwill, that it's value is regularly re-considered. Goodwill per se isn't a NEGATIVE. It's an accounting item, that finds its way onto balance sheets following acquistions. Its existence may or may not be justified economically. If PHSC decided that the goodwill on their balance sheet was UNJUSTIFIED and eliminated it from the balance sheet, this would not IMPROVE sentiment towards PHSC.
cjohn
31/12/2019
10:26
Ex dividend shortly.
galaxy enforcer
30/12/2019
14:38
Chart is looking fantastic today. Will take a little profit on the way up to add to my NSF holding.
galaxy enforcer
24/12/2019
11:22
Merry Christmas everybody and lot's of profit for 2020
galaxy enforcer
23/12/2019
12:46
CJohn I am only stating what the company has stated in the interim's regarding the goodwill.
galaxy enforcer
23/12/2019
09:00
They made over 1p eps in the first half, even with a poor performance from the most important security division. If they repeat that in the second half, trading alone would support the current share price, putting aside the strong net cash position and the overall strong asset backing. If their cutting back on capacity and costs at the security division improves margins, then we'd expect the trading result in the second half to support a higher price. Of course, the uncertainty and potential disruption around Brexit could have a continuing negative impact on trading.
cjohn
22/12/2019
17:28
Yes - remember, it's only two years since PHSC were paying 1.5p in divis and the share price was as high as 26.5p (August 2016). I don't expect any immediate return to that dividend level, but no reason why not within c.two years.
value hound
22/12/2019
17:13
Obviously, writing off goodwill makes no difference to the economic reality of a company. It's an accounting item. And I can't remember a case of writing off goodwill actually IMPROVING investor attitudes to a company, hence producing a price rise. Sometimes, where the market has unrealistic expectations of a company, which is therefore trading at very high multiples, writing off goodwill may as a shock induce a sense of realism in investors, who then sell out and so the share price drops. I wouldn't expect that to happen with PHSC. Sentiment is already negative towards the security division. If they had a sustained period of decent trading, then the share price could appreciate significantly.
cjohn
19/12/2019
15:55
Yes a prudent move by the company. Now lose some of that goodwill and it will satisfy the markets. Off to see how NSF is doing today.
galaxy enforcer
19/12/2019
15:46
Cutting back on capacity at the security division should pare losses in that part of the business and improve overall eps in the following sets of results. As you imply, the dividend is also generous, and, providing trading doesn't collapse, is sustainable.
cjohn
17/12/2019
13:22
Interim dividend comes up early in the New Year.
galaxy enforcer
16/12/2019
16:09
I would be quite please with that but only for starters. They can then deliver the main course afterwards. Lightly traded but it does move rather rapidly.
galaxy enforcer
13/12/2019
17:09
My sensible valuation estimate, FWIW, is around 18p mid.
value hound
13/12/2019
12:07
So it now looks like we are climbing back to a more sensible valuation. Dividend confirmed and will go ex in not too many days.
galaxy enforcer
Chat Pages: 39  38  37  36  35  34  33  32  31  30  29  28  Older
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