Pinnacle Telecom Share Discussion Threads

[ibans] 15/12/2015 11:47

It's PINGO! PING! is so yesterday!!

lol

[freddie01] 15/12/2015 10:54

Lyons roars about new board role at Pinnacle

MXC Capital partner and former Accumuli chief joins Pinnacle as executive chairman

MXC Capital partner Gavin Lyons has joined embattled MSP Pinnacle Technology Group as its executive chairman and claims he sees a "huge market opportunity" for the comms and IT security specialist.
It has been a turbulent few years for Pinnacle, which made a number of acquisitions in 2011, had a legal spat with ex-staff and made a net loss of £1.77m for 2014.
Then in April, channel investment vehicle MXC Capital – which is renowned for building MSPs via acquisitions – took a 10 per cent stake in the firm. Lyons, who joined MXC in November, said his appointment comes as part of this investment.
Further reading
Loss-making VAR Pinnacle to get the MXC treatment
'Ugly duckling' Pinnacle Technology gets makeover
More dealers set to supply Pinnacle base
"MXC was appointed by Pinnacle to advise on the company's strategy and also to identify acquisition opportunity," he told CRN. "I am in effect delivering against that promise and I will be the person on MXC's behalf with Pinnacle to drive forth that strategy to identify acquisition opportunities."
Owing to its status as a public firm, Lyons remained tight-lipped on where these acquisitions will fall but said Pinnacle will look to provide SMBs with a broad spectrum of technology.
"We are going to focus on offering customers an integrated platform that enables customers to get a competitive advantage," he said. "As a result of that, that's going to [mean] bringing a range of technology and services, because [what] SMBs want is one company; one trusted adviser they can turn to for their IT needs."
Prior to joining MXC in November, Lyons was CEO at security VAR Accumuli, and oversaw its integration with NCC Group following its takeover earlier this year.
During his time at Accumuli, Lyons led a number of acquisitions, and Pinnacle's non-executive director Tom Black said this places him well to join Pinnacle.
"We believe that Gavin's experience of buy-and-builds and track record of achieving transformational growth will be a powerful asset to the company," he said in a company statement. "We are certain that his strong track record of success and considerable strategic ability will align with the company's business objectives, engendering fresh growth."
Lyons added he was enthused by the ethos of Pinnacle's staff, and could see a real chance for expansion at the firm.
"This is a journey for Pinnacle to go [on] and achieve this potential," he said. "It's a company that has the ability to take advantage of a huge market opportunity. Just look at the sheer number of SMBs in the market and how many need a MSP to help them with their business. They need someone who can help their business grow and I think that's where we can help them by utilising IT as a transformational agent."
Following his arrival at Pinnacle, its current non-executive chairman James Dodd will stay on the board until the firm's annual general meeting in March when he will step down, Lyons said.

hxxp://www.channelweb.co.uk/crn-uk/news/2438311/lyons-roars-about-new-board-role-at-pinnacle?utm_content=bufferf141c&;utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

[ibans] 15/12/2015 10:36

Everthing you need to know about where this company is headed is here:

Pinnacle Technology Group announces new executive chairman appointment.

Pinnacle Technology Group has announced the appointment of a new Executive Chairman as it looks to accelerate transformational growth and enhance value.

Converged technology solutions provider Pinnacle – which has offices in Glasgow, Stoke-on-Trent and Northampton – has appointed Gavin Lyons who will commence his role with immediate effect.

Gavin joins to help the board of directors drive the strategy of the business, and to support the executive management team in both securing acquisitions that will expand Pinnacle Technology Group’s customer base, and in achieving their wider business objectives.

He brings considerable leadership and security experience to the company, which provides industry-leading solutions and services.

Dr James Dodd, non-executive Chairman, will remain on the board as a non-executive director until the company’s annual general meeting, to be held in March 2016, while he transitions his responsibilities to Gavin.

Gavin has enjoyed a distinguished career in the TMT sector, most recently joining IT security specialist Accumuli PLC as CEO in 2012, and spearheading a successful buy and build strategy that saw it sold to NCC Group plc for £55m in October.

Prior to Accumuli PLC, Gavin was Head of Telecoms & Utilities UK&I at SAP and held various senior positions at Trend Micro, having also worked at Xerox, Compuware and The Caudwell Group.

During his career, Gavin has been involved in three exits, generating close to £100m in value, as well as completing several acquisitions and integrations.

Gavin is a Partner at MXC Capital Limited, the AIM-quoted technology-focused merchant bank, appointed by Pinnacle to advise on the company’s strategy and identify acquisition opportunities.

Non-executive director of Pinnacle Technology Group, Tom Black said: “We believe that Gavin’s experience of buy and builds and track record of achieving transformational growth will be a powerful asset to the company.

“We are certain that his strong track record of success and considerable strategic ability will align with the company’s business objectives, engendering fresh growth.

“As a result, we believe we will be better positioned to expand our solution set across a growing base of customers and be the 'capability partner' of choice."

Pinnacle announced an exclusive digital partnership with leading mobile provider O2 earlier this year, providing tailored business to business mobile and security solutions and assisting O2 in enlarging its digital capability.

Pinnacle offers a wide range of Managed IT Services, IT Security, Connectivity, Mobile, Telephony and Infrastructure services. It focuses on providing the latest cloud and on-premise technologies which are provided as an integrated offering to the SME market and more broadly to the mid-market and public sector.

[ibans] 15/12/2015 10:23

You can sell for 11.25p right now if you want?

got to be some in profit already?

or you can hang about here for 6 ro 9 months for some verbal capers and walk away with between 30p and 50p

That's conservative and a very possible estimate.


30p is my conservative, stuck on guarunteed minumim return from these levels.

50p is my head telling me where it can go with ease.

I think you will find that either scenario will be appealing to each and everyone of you.

[freddie01] 15/12/2015 10:20

Was on their homepage last night and was pleasantly surprised at their client list.
Looking good for the future.

[ibans] 15/12/2015 10:19

Funny you should say that ibans to me self :) they just increased the bid.

did they?

aye.

Thought as much.

Some retrace that was then lol

No, I'm not going mental, just showing those looking in how this one rolls?

it's a buy and build, it's not even got started yet?


Think about it. it's a good 400% stuck on for 2016

[ibans] 15/12/2015 10:10

MM trying to shake but that will aloow buyers in.

It's futile imo as this is not ready to stop, I think somewhere in the region of 15p to 18p before the the stock stops to consolidate prior to the news we all know is on the way. ON news I see further move up into mid 20s where again we will either push on up to test 30p or consolidate again.

It's most definately going one way though and it's all above us.

You only need to look at the 12 month chart then factor in that PINN is now alive and kicking!!!

[mr roper] 15/12/2015 09:21

I see it now. 20,000 put through as a sell at 11.52. Bit naughty that reporting...

[mr roper] 15/12/2015 08:49

picked up a few more this morning at 11.52p. not showing yet. Last top up.

[loftus16] 15/12/2015 07:57

Missed all that but the other place suits equally as well lol.

[ibans] 14/12/2015 23:26

Michelle mone on board is she?

[ibans] 14/12/2015 22:54

He's certainly made a packet so would be welcome here imo.

[loftus16] 14/12/2015 22:00

I read that George has freed up a bit of coin elsewhere. I'm sure he'd be a welcome addition to the register of shareholders in due course if he is invited.

[mr roper] 14/12/2015 16:33

lol..we're missing a good note taker round here...!

chart is looking great. not much in the way until 14p.