Portrait Software Share Discussion Threads

[which way is up] 02/11/2005 09:59

Holdontight,

Thanks for posting the emails.

I'm still considering this one but I am never to keen to invest when the Company do not talk to shareholders.

Have you had a reply to your last email 27/10/05?

This share looks a bargain but as they say 'all that glitters is not gold'.

Just ask Langbar's shareholders (I'm one)

Which Way.

[holdontight] 01/11/2005 19:29

Haven't seen Shore's stats, but seem on the low side to me. However, assuming correct, then still worth 30p min and upto 90p (30x 07)....PE of 30 seems fair for EPS annual growth of almost 100% !!

I'll be surprised if Shore dont raise forecast, to be honest.

[its the oxman] 01/11/2005 14:25

believe shore cap forecast 1.6p eps for 2006 then 2.9p 2007 - so market putting co on pe of 10x short term with no belief in 2007 forecast, perhaps a bit harsh. used to hold this and may re enter - can't believe there is too much downside from here but agree regular newsflow on this one is very poor.

[infocusint] 01/11/2005 10:52

I made my first investment in PST a week ago @ 17.5p my 2x15000 purchases were shown as sells on iii and showed green on ADVFN. My reason for the purchase was also linked to Techinvest who have them in their trader portfolio. They first bought at 71p in April 04 and again at 24p in August 04.
I also rate their advice. When Tip tracker researched tip sheets some time ago Techinvest came out top with the fewest losers. But they also said because it was a technology news letter, investors should be prepared for a white knuckle ride. As their portfolio could have turned £20000 into £20,000,000 since 1985, less taxes, they are worth following. Last advice was keep buying!
Infocusint.

[holdontight] 01/11/2005 07:53

Do they? What have they said?

[dynoport] 01/11/2005 07:18

I'm not an ex-employee but a shareholder, I topped up again yesterday. Techinvest like PST too and I rate their advice.

[holdontight] 31/10/2005 19:54

PST....Staffware were sold to a company called Tibco Software last year for £8.40, representing a potential 30 bagger had you bought at the right price. John O'Connell was founder of Staffware and is now Non-Exec Chairman of PST....in other words, excellent pedigree, so long as he isn;t complacent having already made hos fortune !!! Contacts wise, he is the RIGHT person to know !!

[menthol] 31/10/2005 19:27

Holdontight,

Thanks for taking the initiative on this. I have been adding all the way down from my first purchase at 31p this year. All the small caps I am holding have had a torrid time over the past few months.
The potential bargain you mention is it Staffware or PST?

[holdontight] 31/10/2005 19:13

I personally think a takeover is a real possibility. However, Staffware were alos quiet in terms of PR. Thye are now in a closed period ahead of results and these will need to be extremely poor for 17p to be a fair value. I still think a potential bargain, this one.

[idlejack] 31/10/2005 15:10

Well at least the reply you got was courteous. This must be one of the quietest boards on ADVFN. There appear to be a few people that are ex employees posting on Fool and thats about it. I think there are two possibilities, there's bad news coming or we need a take over.Not very positive.

[holdontight] 28/10/2005 15:53

Seems I might be posting ot myself on this BB, but just in case anyone else is reading, below is response from Matthew White, CFO, to my e-mail about lack of information. Doesn't say a great deal, but he is at least responding....

"Thanks for the e-mail - I cannot get into a conversation about the specifics, but I do sympathise.

I will at least raise the issue at our board meeting on Tuesday to consider if our IR is up to scratch

Any messaging from us to investors will be done in broadcast terms so please don't be disappointed if you find me reluctant to engage in detailed discussion on personal level.

Regards

Matthew White


--------------------------------------------------------------------------------

From: [e-mail] [mailto:[e-mail]]
Sent: 27 October 2005 18:01
To: Matthew White
Subject: Re: Investor Relations Share Price Movement


Matthew,

Thanks for your response. I e-mailed Shore Capital at the same time as I e-mailed you, but have not received a reply!
It appears to me that PST need to take a good look at both it's PR Company and it's Nominated Advisor. The PST share price has fallen again today, now down by over 50% in past 3 months or so, which is a terribly poor performance, especially after a funds raising exercise at far higher price. There has been no update since the AGM RNS : why not? If only to inform normal shareholders that trading is/is not in line with expectations. No contract announcements - have there not been any? No update on CAA deal -- is it going ok?

I have been an investor for over 15 years now and overall currently have investments in the hundered's of £000's. My experience of situations like this is (a) bad news is coming but Inst's will know before PI (b) company cares not a jot about normal shareholder.....should I apply the same to PST??

I look forward to your considered and prompt reply, unlike Shore !!

Regards


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[holdontight] 27/10/2005 22:13

just in case anyone from PST is reading this thread, I have c and p'd a post from the Bond International thread, which alludes to best practice!! BDI are always keeeping shareholders and market updated and have now addressed / improved website to suit.....good for them and quite right too !! I have also e-mailed this to Matthew White, cfo at PST.


rivaldo - 26 Oct'05 - 11:14 - 37 of 42


FYI Bond have just revamped their web site - the news section is pretty thorough now with industry as well as company-specific stuff.

I like this summary of the new Adapt from the PR on the front page:


"Multi-lingual and database independent software is the future of HR staffing and recruitment procedures say the experts.

We know that for businesses to run effectively, especially in the staffing industry, training must be minimised. We also know that multi-site, multi-national operations need tools that can be configured to suit different working practises, and switch to different languages and character sets at the touch of a button. No other software has the genuine global deployment capability of Bond.

Using the browser-based interface Adapt users have access to their systems from anywhere in the world 24 hours a day. In today's marketplace this is equally as important to the mobile user as it is to the multi-national, multi-location business.

For truly international operation Adapt's multi-lingual support allows any number of languages to be embedded within one database. All text can be presented in the native language and character set of the specific user. Adapt also eliminates the difficulties arising from varying time zones."

[holdontight] 21/10/2005 23:00

I e-mailed PST today to ask why no RNS regards shre price decline....they just referred me to Nominated Advisors.....will contact them Monday and let you know the response......I think an RNS to say they know of no reason would be the LEAST we deserve. Or a profits warning!!!!

[holdontight] 19/10/2005 21:10

there's been no aannouncement to indicate we should be expecting less than 2.5p EPS this year,,,which makes them CHEAP,,,in fact every reason to anticipate better, maybe 3p...or a PE of 6. Share price of between 30p and 45p seems entirely justified to me, or am I missing sth ??

[holdontight] 19/10/2005 21:07

well, i bought some more today but down again...hmmm

[idlejack] 12/10/2005 13:31

Latifs100 I'm holding from a bit higher than you so know how you feel. Shame the share price is in the doldrums. Always thought that this is a good company with some very talented people and nearly bought in 2002. It was a lucky escape that I didn't. I'm still wondering if they are in the clear with the FSA. If they aren't this would explain why with the sells recently it hasn't dropped further, they could be waiting for an announcement then really drop the price.

[rambutan2] 10/10/2005 10:59

well, this lot appear to be the largest shareholders...

they a high quality outfit.

[latifs100] 10/10/2005 10:44

holding from 28p... getting very depressed,, any rns would be welcome.. buy sell or hold

[holdontight] 07/10/2005 17:30

looking very cheap.....eps of 2.5p last year

[idlejack] 07/10/2005 17:17

Down it goes again!

[mr pink] 07/10/2005 15:12

from an ex employee

[idlejack] 07/10/2005 14:52

Where did you find out from mr Pink?

[mr pink] 07/10/2005 14:28

ait verdicts: apparently 2 yrs for Bailey and 3.5 yrs for Rigby........

[empirestate] 04/10/2005 20:53

been following with interest, sometimes i get the feeling that every now and again, for whatever reason there is some kind of revaluation of certain stock prices. just as some, get marked up, others get marked down.this one will find its level, but i reckon it will be around 15p the way this is going on. will watch with interest and try to pick at the bottom