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PGS Psg Solutions

116.50
0.00 (0.00%)
02 May 2024 - Closed
Delayed by 15 minutes
Psg Solutions Investors - PGS

Psg Solutions Investors - PGS

Share Name Share Symbol Market Stock Type
Psg Solutions PGS London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 116.50 01:00:00
Open Price Low Price High Price Close Price Previous Close
116.50 116.50
more quote information »

Top Investor Posts

Top Posts
Posted at 19/3/2012 13:26 by sandbank
Finally the penny has dropped in the market. Up substantially today - big spread though.

I was also surprised no one has posted on here last month's note on PSG in Growth Company Investor: -

"Growth Company investor 16/02/2012 Miles Nolan
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Well below the radar for many investors, shares in mini-conglomerate PSG Solutions (PSG) soared five times in value last year – but they still look cheap.

The AIM-listed company owns three businesses: residential property surveys arm PSG, packaging specialist Moore & Buckle and surveillance expert Audiotel. Driven by the efforts of the management team over the past couple of years, PSG is now in rude health, as recent results testify.

In the six months to September, it achieved a pre-tax profit of £3.86m (2010: £315,000 loss) as sales soared fivefold to £20.8m. Net cash also stood at a chunky £16.3m – not bad when compared with its current market value of £26.1m, but to be fair a large proportion is set against the delivery of a major contract.

This significant piece of business relates to the Audiotel operation, which last year secured a contract worth £48.7m with a government department. As a result, it kitted out new premises and installed dedicated production lines, as well as taking on a team of 170 employees. Completion of the contract is set for October this year.

Thanks to its already cash-rich balance sheet, last year it returned £3m to shareholders via a tender offer at 200p a share, and it has already signalled its intention of rewarding investors with a further payout. Recently appointed broker Northland Capital is yet to issue a research note, but at current levels the valuation looks anomalous. Buy.
Posted at 11/8/2011 11:27 by andrbea
from 5 days back:


In a sea of red there were some risers this week. Legal property search specialist PSG Solutions (trading down 8.4 per cent today, at 87.5p) more than doubled in value early in the week after the company extended a major contract and announced a bumper share buy-back programme. On Tuesday PSG revealed a 400 per cent increase to a contract with the British government. It will now receive an additional £39million through the amended deal, taking the total contract value to £48.7million. Then on Wednesday it told investors that it will buy-back 5.55 per cent of the company's shares at 200p each – a massive 277 per cent premium to the 53p-a-share price at the start of the week.


Read more:
Posted at 28/5/2008 14:48 by fido
Truffle,
I do not need to tell you that every share to do with the housing market has been completly trashed over recent times. In comparison PGS bar its recent drop has been rock solid. If you look back at the PGS share price you will see that the share price was dropped prior to stakebuilders upping their stake before and the same is now happening again now.
As for timing anyone who reads my posts will note that I have said that with interest rates on the way down it is only a question of time before the housing market recovers and at that time the market will be looking for the stronger players that will benifit from the upturn.
It is my belief that PGS is one such company if it has not been bid for by that time.
As for shareholders, given the complete lack of trades I would say that there are not that many of them as liquidity is almost zero.
PGS is all about the the stakes of the largest investors. Those investors have not sold one single share and have only increased their stakes over the last few months.
As I said, we are at opposite sides of the spectrum here so I will waste no more of our time with further debate.
Posted at 12/2/2008 23:50 by fido
You will have noted todays RNS abou Bob Mortons Southwind vehicle picking up another 108,000 shares in PGS. I cannot remember whether that is the third or fourth time he has topped up in PGS but his stake is now 16.20%.
Mr Morton is a canny investor and his continued topping up of this share shows that he sees real value in it.
Posted at 10/1/2008 17:27 by fido
Groundlink ltd is the investment vehicle of PGS`s Iranian investor.

With HIP`s and interest rates on the way down you can see what this investment is all about.
Posted at 08/12/2007 10:23 by fido
androyd,
Below is where I got the PGS being tipped in the IC mag from-Dated Friday 7th Dec.(right at the bottom)
As for uncertainty, on Dec 14th HIP`s will be mandatory for ALL housing types. PGS have already stated that they have picked up a significant market share of that and we wait to see how that transforms into profits.

FRIDAY 7TH DECEMBER 2007


INVESTORS CHRONICLE
Shares with Perks (The best offers and how to get them): Pick of the Perks 2007:
*Housebuilders – Barratt (BDEV), Bellway (BWY), Redrow (RDW)... Retailers – N. Brown (BWNG), Dobbies Garden (DGC), Mulberry (MUL)... Hotels, Pubs, Restaurants – CHE Group, Restaurant Group (RTN), Shepherd Neame... Travel – Landround (LDR), Thomas Cook (TCG), Holidaybreak (HBR), Irish Continental (ICGC)... Miscellaneous – Inchcape (INCH), Legal & General (LGEN), Trafficmaster (TFC), Johnson Services (JSG)... Steam Railways – North Norfolk Railway, Romnet Hythe & Dymnchurch Railway, Severn Valley Railway.

Tips:
*Buy – Bodycote (BOY), Finsbury Food Group (FIF), Climate Exchange (CLE), Metals Exploration (MTL).
*Sell – Rightmove (RMV), Sandvine (SAND).

Tip Updates:
*Buy – Pipex (PXC), VT (VTG), RCG (RCG), Morgan Crucible (MGCR).

Company Results:
*Buy – Findel (FDL), Creston (CRE), Speedy Hire (SDY), Scapa (SCPA), Sage (SGE), OMG (OMG), Anglo Irish Bank (ANGL), Dawnay Day Sirius (DDS), Telecom Plus (TEP), AssetCo (ASTO), Accident Exchange (ACE), Carclo (CAR), May Gurney (MAYG), Ashley House (ASH), Coffeeheaven (COH), Aberdeen Asset Management (ADN), Avon Rubber (AVON), Prime People (PRP), Plant Impact (PIM), Opsec Security (OSG), PSG Solutions (PGS),
Posted at 20/8/2007 19:39 by truffle
But they certainly don't move as much as they would otherwise do. Only if they have to.

I am simply saying that the recent market turmoil could well result in lower housing movements which, all other things being equal, could have a short term impact on the PGS price and may well be the reason why the price has fallen back again. If not, then what is the reason for the fall for what appears to be a company possibly doing quite well?

I also await Fido's response to my suggestion that his bullish comments over many many months and years have been wrong as to timing which could cost investors, himself included perhaps, a lot of money by way of lost opportunity elsewhere.
Posted at 08/8/2007 15:57 by fido
androyd,
Indeed there is.
Up to this moment in time PGS have gone unnoticed by the market and have not even entered investors radar space. This is about to change with HIPS focusing investors minds on PGS.
The share price has got PGS priced as a small insignificant company, but the company plan to be very big in all matters related to the housing and property markets.
The company talk of an aquisition that will significantly strengthen their position.
This will not be a small unnoticed company for much longer and when the press and the market get hold of it this will show strong gains.
Posted at 30/7/2007 15:49 by fido
MM`s have reduced the spread on PGS over the last few days. That means they now see this as having less risk premium and more tradabilty.
HIP`s start on August 1st. When that happens then PGS are going to get a lot of free advertising as the market and press/tipsheets seek those companies that will gain by HIP`s introduction.
The recent purchases by institutions/directors.experienced investors, will prove to be very well timed indeed.
Posted at 24/4/2007 15:12 by fido
Masurenguy,
Very well put. NDH are seeing a lot of hype in the share price and with no sign of that here this remains vastly undervalued and ready for a rerating.

Balloo,
You do me a slight injustice.
As mentioned by Masurenguy above this share has seen increased investment by some of the most canny investors and institutions in the market. These people do not invest unless to make money, their faith in PGS will be rewarded just as night follows day.
As for your other point, I would remind you that this is a discussion board and not a tip sheet. This is a medium term investment that will in time be very rewarding for its investors. There are other threads that deal with short term speculations and tipping.

Regards

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