Phsc Share Discussion Threads

[battlebus2] 11/2/2013 17:12

I'd be on the cautious side with 1p and hey if it's 2p what a bonus :))

[capt bligh] 11/2/2013 12:59

That is what I am thinking too.

[gilston] 11/2/2013 12:51

The cash balance is already sufficient for a 1p dividend. With King`s optimistic outlook for the final quarter & the HSBC facility in place, could we hope for another 1p special dividend again this year, making a 2p dividend in total?

[battlebus2] 06/2/2013 10:24

Great to see these tick up , could break highs from 2009 on another trade. Great to see managements diversification paying off.

[battlebus2] 02/2/2013 14:39

PHSC On Course To Exceed Full Year Expectations - Quick Facts

2/1/2013 2:33 AM ET
PHSC Plc. (PHSC.L), a provider of health, safety, hygiene and environmental consultancy services, Thursday said it is on course to exceed previous expectations of full year revenues being marginally ahead of last year and showing a small improvement.

In a trading update, the firm said group sales and other income was 3.86 million pounds while it was 3.24 million pounds at the end of the third quarter in 2011/12.

EBITDA was 332,800 pounds after deduction of 30,000 pounds relating to one-off stamp duty and acquisition legal fees. EBITDA was 226,711 pounds at the end of the third quarter in 2011/12.

Stephen King, CEO, said, ''The board is encouraged by what has been achieved in the first nine months of the year. In our last annual report I explained that we were expecting full year revenues for 2012/13 to be marginally ahead of last year, and for profits to see a small improvement. We are on track to exceed those expectations.''

[battlebus2] 01/2/2013 07:14

One of the best trading updates for PHSCa since i became a shareholder-


PHSC plc ("the Company"), a leading provider of health, safety, hygiene and
environmental consultancy services and security solutions to the public and
private sectors, is pleased to announce an update to the market on its
performance up to the end of the third quarter of its financial year.

Consolidated Group sales and EBITDA (per management accounts, unaudited) for
the nine months ended 31 December 2012 were as below:

Group sales and other income: GBP 3,856,440 (at Q3 2011/12: GBP 3,240,847).

EBITDA: GBP 332,800 after deduction of GBP 30,000 relating to one-off stamp
duty and acquisition legal fees. ( Q3 2011/12: GBP 226,711).

Net assets stood at GBP 5,488,564 (at Q3 2011/12: GBP 5,225,566).

Stephen King, CEO, said: "The benefits arising from our two acquisitions
earlier in the year are beginning to come through. The Group has increased
total revenues by over GBP 600,000 from the levels recorded at this stage in
2011/12, and more importantly has seen an improvement in profits which for the
first nine months stood at GBP 332,800 before depreciation, amortisation of
goodwill and tax. Profits from trading activities, ie before deduction of stamp
duty and legal fees, at around GBP 362,000 are around 60% ahead of where we
were at the end of the third quarter in the previous financial year.

"As explained in my Interim Report statement, our new B to B Links subsidiary
has invested in substantial stock ahead of a large CCTV installation contract.
This work is now in progress. Coupled with payments related to the acquisition
of goodwill and assets of that company, and of QCS International Limited, our
cash reserves were largely utilised by the end of Q3. We have an agreed
facility with our bankers, Hsbc, which will be more than sufficient to see us
past this predicted low er than usual cash position. Net proceeds of GBP 71,000
have been received this month from the sale of our vacant property at Raunds
and we had net cash balances of GBP 136,684 in the bank at the close of
business last night.

"The board is encouraged by what has been achieved in the first nine months of
the year. In our last annual report I explained that we were expecting full
year revenues for 2012/13 to be marginally ahead of last year, and for profits
to see a small improvement. We are on track to exceed those expectations.

[battlebus2] 21/1/2013 18:36

Surprised to see these fall on 3k shares traded. Hopefully a reassuring update to come later this week.

[battlebus2] 30/11/2012 07:48

Pleased with those results this morning, the two new subsidiaries will certainly contribute to PBT. Some flatlining in the others but that's to be expected although Adamsons Lab has done very well. Cash flow could be temporally under pressure and we may not get a special dividend this time but to me the future of the company looks secure so does the increase in EPS and future profits and hopefully share price.

[battlebus2] 12/11/2012 16:59

Only a few weeks to the interim results and news of how the acquisitions are performing.

[battlebus2] 28/9/2012 16:19

B2B deal completed ,slightly more than original but they reckon it's still good value.

[battlebus2] 24/9/2012 19:33

Great to get that cheque over the weekend, trouble is the mm's have made it impossible to reinvest atm 22/27.

[battlebus2] 09/9/2012 11:57

Thankyou Gilston, if they made the AGM at 12 or later i might be able to attend but from Yorkshire it would mean i night over which is impossible for me at the minute. I thought that would be the case more earnings more cash and what to do next ,not a bad position that we are in imv.

[gilston] 09/9/2012 10:56

AGM uneventful. Principal discussion was about the 2 new acquisitions & hoped for benefits to Group earnings. This led to calls for an increased dividend next year.

[battlebus2] 06/9/2012 08:07

Decent update this morning but the need for the new acquisitions can be seen. Gilston if your attending could you update later.

[battlebus2] 31/8/2012 17:49

Hi Amorruso it does look well out of place with the health and safety side of the company but it will contribute a significant proportion to the companies profits. I'm very happy with it who knows what it may lead to.

[amorruso] 31/8/2012 17:09

I think that the share price of this one will look after itself and should reach 30p by xmas if not sooner as there could be some suitors.

[gilston] 31/8/2012 17:00

Spare cash on the balance sheet merely dilutes the eps. The payout to s/holders needs to be increased....perhaps an interim dividend should be paid this year.
That might also help the share price

[amorruso] 31/8/2012 16:18

Frankly i'm left scratching my head at this aquisition in terms of a fit however the cash situation looks good and that is the main thing!!

[battlebus2] 30/8/2012 18:46

Yes Gilston this is indeed another great aquisition and another step away from Health and safety. The increase in EBITDA is significant and will surely rerate the shares if the company proves successful. Well done Stephen!

[gilston] 30/8/2012 17:20

Useful acquisition if it works out & King`s track record seems good on this. Not too much cash drained out either as consideration payable over 3 years.

[battlebus2] 22/8/2012 08:29

That's x dividend today so back to normal business. Let's hope the market can see the company is performing well and diversifying the business which imv hasn't looked as good in several years i've held this stock. Still expecting to see 30p medium term.

[battlebus2] 14/8/2012 21:33

Yes thanks Eburne1960 for some reason i thought it was his ISA.

[eburne1960] 14/8/2012 19:28

Practically anything is eligible in a SIPP - it's ISAs which can't hold AIM shares.

[battlebus2] 14/8/2012 17:58

And now Nicola does the same. The value in this share seems to be catching on with a probable annual 8-9% divi at todays prices.

[battlebus2] 08/8/2012 19:16

Nice to see Stephen transferring 58k to his sipp. Didn't think these were eligible.