Phsc Share Discussion Threads

[gingerplant] 18/5/2015 08:12

Good overall update as Stephen Kind manages to avoid cash-pinch horror. Still worth almost twice as much in time IMO - but why 8 a.m. not 7?

[battlebus2] 24/3/2015 08:55

Ticked up again, lets hope the seller has finished and we move into the mid thirties...

[battlebus2] 20/3/2015 15:20

Time to add :))

[puku] 15/3/2015 17:47

continues to be un-loved, despite NAV of £6.8m -v- market value of £2.9m. Uncertain what full year eps will be due to one-off situations but should exceed 4p easily for P/E of 7 at 27.5p. Massive spread of over 20 % is a major issue. Bought at 32p, so not willing to sell, but champing at the bit a bit.

[bisiboy] 04/2/2015 18:46

clearly someone is a seller anyone have any ideas.

[russman] 29/1/2015 18:38

Boringly predictable. Lovely Jubbly.

[puku] 29/1/2015 11:36

agree -I see that Net assets are £6.8 m against a Market Cap of only £3.1 - take over candidate ?

[stegrego] 29/1/2015 08:15

Hard to resist the continued progress and large dividend here, so finally bought a few today despite 13% spread!

Hopefully will break out of this range.

[capt bligh] 29/1/2015 07:34

great stuff...wonder if they are going to do a share buy back... i think they have in the past.

[battlebus2] 29/1/2015 07:27

Very happy with that update.

[puku] 24/12/2014 13:32

battlebus - agree with you, all the figures spell "cheap" but seem unloved. Held for a year and a bit frustrated.

[bisiboy] 23/12/2014 17:03

picked a few of these up they appear cheap to me as long as the invoices get paid.

[battlebus2] 25/11/2014 08:19

Incredible really.

[capt bligh] 25/11/2014 08:18

market cap3.2 mill half year ebitda 518k...no debt...pays a good divi... what's not to like

[battlebus2] 25/11/2014 07:27

Excellent results.... Well done Stephen and team.


* Group turnover for first half up 4.7% at £4.129m compared with £3.942m last
year.

* EBITDA up 44% to £518k before costs of acquisitions, versus £359k last
year.

* Basic earnings per share of 2.26p on enlarged share capital, compared with
2.30p last year.

* Net asset value (unaudited) of £6.622m.

* Pro-forma net asset value (unaudited) per share of 52.2p compared to a
current share price (mid) of 30.0p.

* Performance of both new subsidiaries exceeds expectations, increasing profits

[markgahagan] 10/10/2014 21:43

Bought in today. Value on offer at this price

[this_is_me] 08/9/2014 08:16

B to B has been a good acquisition. "We have provided for a final payment of
GBP250,000 in our accounts although we anticipate, given the ongoing positive
trading performance of B to B, that this figure will be exceeded."

[battlebus2] 08/9/2014 08:03

Steady as she goes AGM statement, slight fall in revenues due to timings but profit slightly up. Cash balances still healthy.

[battlebus2] 20/8/2014 18:04

Nice 22k buy above the quote at 35p.

[battlebus2] 20/8/2014 07:17

From the prelims....QCS International Limited

Sales of GBP516,200 yielding a profit of GBP161,800.

The previous year covered the eight-month period since acquisition, in which
there were sales of GBP334,600 yielding a profit of GBP98,000.

[this_is_me] 20/8/2014 07:15

Yes, good news once again! It looks like the acquisition has performed better than expected.

[battlebus2] 20/8/2014 07:08

The QCS final payment has been made at 25k more than the 80k expected due to the increase in profitability which should be good news for holders...

Acquisition Earn-out Payment

PHSC plc ("the Group"), a leading provider of health, safety, hygiene and
environmental consultancy services and security solutions to the public and
private sectors, is pleased to confirm final payment details in respect of its
purchase of QCS International Limited (QCS).

An agreed final payment of GBP105,285 was made to the vendors yesterday, using
cash from the Group's existing resources. This brings the total cash payment
for the transaction to GBP425,285.

The entire issued share capital of QCS was purchased in July 2012. A combined
sum of GBP320,000 in cash was paid on completion and at the first anniversary,
along with the issue of 79,186 Ordinary Shares in PHSC plc. A final payment of
GBP80,000 was provided for in the Share Purchase Agreement, such amount to be
varied up or down according to a formula that compared EBITDA at the time of
completion with the average performance over the two years post-acquisition.
Based on this calculation, an additional GBP25,285 became payable after agreed
adjustments and reflects the improved profitability of QCS since it became a
member of the Group.

QCS specialises in quality, environmental, and health and safety management
systems and assists organisations by providing practical support and training
in systems such as ISO 9001, ISO 14001, OHSAS 18001 and ISO 13485.

[battlebus2] 29/7/2014 22:35

Just catching up and very pleased with the results and dividend, well done to Stephen and team.
hxxp://www.intercooleronline.com/stocks/phsc-plc-rating-reiterated-by-beaufort-securities-phsc/33014/

[gelp] 14/7/2014 12:56

Good news!

[this_is_me] 14/7/2014 08:33

Good solid results. The company is being run sensibly for the long term.