Prime People Share Discussion Threads

[cockneyrebel] 23/7/2003 10:29

Director has just sold 2m @ 10p a share - the bid price is currently 5p?

What's going on here then?

CR

[sper] 24/6/2003 10:24

Certainly high risk but has substantial cash reserves to see them out. Research by industry body indicates improving demand in leisure and hospitality and the business is seasonal with stronger results from second half. If new board can deliver on sales and cost in the next six months this might be one to revisit towards the end of the year.

[skyracer] 01/5/2003 15:25

Now that a substantial loss is expected for the half year PRP is probably only worth around 3p. If their business cant be improved soon there is a danger of asset write-offs leading to liquidation.

[skyracer] 06/3/2002 00:55

Final results slightly better than expected. Although I would still expect a small loss for the coming Interim results, next years Finals should show an improvement. Encouraging signs from the US. PRP probably a short term SELL and long term BUY. Paying out the 4p extraordinary dividend was a disaster for PRP and I hope DC has learned a lesson. I said so at the time on iii when the price was over 20p and have been proved right.

[stewjames] 05/3/2002 13:31

Why was it a disaster, skyracer? The company still looks well funded. Even had it not been paid I think it's likely the price would still have fallen to near the current levels.

[skyracer] 03/2/2002 14:27

SReed, if you want to be critical at least be fair. If you look further down the RNS it shows he transfered the 2,334,300 to a Marylin Lee, perhaps his sister or partner, probably for tax purposes. I dont think there is anything sinister that can be inferred from this.

You are quite right to talk about the admin expenses however the increase from £1.9m to £2.3m, probably due to ill-timed expansion, was the real reason why the Interim profits slumped. Prime are approaching NAV now which should begin to act as a floor. I am expecting them to make a small loss for the full year, but if the American economy is going to recover later this year then 7p for Prime may turn out to be a real buying opportunity. Prime are a cyclical stock, they are risky no doubt although at 7p some of that risk is being discounted, but a year from now they could be 15-20p again. DAVID C COUBROUGH has a large incentive to make PRP work.

[sreed] 01/2/2002 21:10

Turnover 2,606,789
Administrative expenses (2,315,709)


look at the admin line and also turnover

it only nneds turnover to fall a little and all the profit will go.

admin costs of 2.3m, just a bit over sales.

We could be seeing prime in a black bag this year

[sreed] 01/2/2002 21:03

Why did the ceo lob most of his stock - see RNS\




z

Receovers appt soon?


9) Number of shares/amount
of stock disposed

2,334,300


10) (6.4%)
of issued Class

[sreed] 07/9/2001 08:03

Prime in decline.

Poetic or wot?

[sreed] 03/9/2001 18:37

Jobs pages in sunday telegraph getting thiner by the week.

Obviously a very bad sign for Prime Popple and whole recruitment market.

In recessions, I remember a lot of recruiters go bust v quick, some survive but not all.,

Look for words like "challenging" and "reduced levels of interest" in any statements and you know 2p aint too far.

[bidlick] 02/9/2001 19:38

These are destined for 5p in coming weeks. Look out for a :"trading statement" Balance sheet dont look too strong at mo. Recession to bite.

[capt bligh] 31/8/2001 10:52

Argy2 What were the results of your investigations?

[dolan77] 15/8/2001 20:44

Cant work this one out at the moment. These shares are surely worth more than the current price....maybe there is something we dont know about!

[argy2] 13/8/2001 16:28

No,bit of a mystery given the suppoort of LFI.I will ask a few questions and get back to you.

[lowsy] 13/8/2001 16:22

Anybody know of a problem thats being kept hush hush ?
Where are you ARGY2

[dolan77] 10/8/2001 17:45

does anyone have any clues why this one is dropping out of the sky?

[phil6340] 30/4/2001 21:28

PRP up another couple today, another aquisition in sight? Higher than normal trading this could be an interesting one to watch this week!!

[argy2] 27/4/2001 10:59

Another tick up this morning on,as yet,little or no turnover.I suspect we may see a week-end mention or that the share price is being massaged up ahead of a major deal.Either way, I think the fun is just beginning for this classy little penny stock.Might be worth watching the turnover later today.

Good luck ARGY2

[argy2] 26/4/2001 08:37

Interesting 6.5% rise this morning on no volume.Presumably there are some delayed deals to come through which may be of interest.Watch the turnover closely IMHO

Good luck ARGY2

[phil6340] 23/4/2001 23:50

I've just rung the company direct to enquire about the AGM tomorrow. The person i spoke to was very positive about the financial results of the company. He stated there would be no annoucements concerning any deals at the AGM tomorrow but that the company is in discussion concerning deals that would eventually lead to an announcement.

[argy2] 23/4/2001 10:33

Tony14......Someone even paid 20p!
As for target,difficult without knowing any potential deal.However,as the majority of shares are fairly tightly held I would expect to hopefully see 25p+ ahead of any deal and much more on the right acquisition.

Good luck ARGY2

[tony14] 23/4/2001 10:18

Argy2, what is your target price on these? NMS is only 2000 so any transactions above 6 times NMS(12000) will be be reported 1 hour later. The unidentified trades are all delayed buys at 19.5p.

Regards

Tony