Psg Solutions Share Discussion Threads

[langland] 16/1/2007 08:55

I presume there must be a lot of delayed trades to account for this action. Top riser in the mkt. so far today.

[gorse] 16/1/2007 08:52

Delighted by this morning's whoosh. Bought this in October 05 at 70p. Wonder where it'll settle.

[sikhthetech] 15/1/2007 23:16

Fido, thanks....I'm going to see if I can get cash to top-up....Shame they cant be held in an Isa....ideal candidate.
Good Luck

[fido] 15/1/2007 22:02

sikhthetech,
I said that the buyback was significant because it was a demonstration of the strong cashflow and that the company viewed its shares as undervalued. This was followed by 25K lot buying. Then today we have this 325k cross trade which we now know was Mr Mortons Southwind investment vehicle upping its stake.
This upping of Mr Mortons stake should not be taken lightheartedly because Mr Morton is one hell of a canny investor. I have seen him upping his stake in a number of companies this last year and each time the company has gone on to show strong share price growth. Vislink is an example of one that multiplied a number of times after Morton upped his stake. Whether he knows of impending news or if its stakebuilding going on, we will soon find out, but as I said, on every occasion he has made this move the share has performed strongly afterwards.

[skiboy10] 15/1/2007 21:50

By the way for those that don't know from tomorrow morning Netcentric (NCS) will be TomCo Energy (ticker TOM) and it could be an exciting ride.....

[sikhthetech] 15/1/2007 21:37

Nice rise today....I think investors might start to see the potential...as you say Fido, it will start to appear on investors rador, then off we go...

Good Luck

[fido] 15/1/2007 20:52

philippem,
Yes, that used to be the case but they sold their shares some time ago. I sometimes wonder whether Audiotel would be a good tie up with Croma when it becomes a bigger company. The two would make a good fit at some stage but in the meantime the strong profits that are in the Audiotel pipeline I would like to keep for the benefit of the PGS shareholders.

[philippem] 15/1/2007 20:19

Tell me if I am wrong but did PSG had some investment in CMG up 26.9% today.

[androyd] 15/1/2007 19:33

I think we can expect more of the same tomorrow then fido.

[fido] 15/1/2007 18:51

After the close we now have this statment:

PSG SOLUTIONS PLC


Holding(s) in Company

15 January 2007

The Company has been informed that Southwind Limited and certain of its subsidiary companies have a notifiable interest of 3,475,768 Ordinary Shares of 20p in the Company, representing 12.8% of the company issued share capital (excluding Treasury Shares) of 27,158,240.

Southwind is the investment vehicle of Bob Morton, a highly successful investor who has had remarkable success of late. His upping his stake together with the start of buybacks show where this is heading and is highly bullish for PGS.

[fido] 15/1/2007 15:18

It would seem that we have a few buyers today.
Let me remind people that what we have in PGS is a money making machine.
That sounds like a ramp so I advise those interested to have a look at the last set of figures and strip out the one offs. Even with the one offs, profits rose 62% and without they would have been substantially higher.
We have a former high ranking army chief running the show like a military operation. In effect we are seeing,

Strong cashflow
Strong organic growth using that cashflow to cherry pick the best performing franchises.
Rapidly taking market share as a results of contracted out and centralised services.
New products using the PSG service channels.
Other businesses within the group showing strong growth.
Investments in other companies now coming into their own.
The best bit is that this is still a young company. Its cashflow is being used to grow the company and with only 25% of a rapidly consolidating market, there is a lot of growth still to come, and with the prospect of a maiden dividend.
As a pointer to future direction, we have started to see the buying back of shares, followed by 25K lot buys. Now we are seeing large cross trades.
In my opinion this is all position taking before all that I have been saying becomes common knowledge in the market.

[fido] 15/1/2007 12:10

Remember this will achieve breakout when it gets to 75p. When the breakout is confirmed, thats going to bring this to the attention of those that use a breakout as an investment tool.

[fido] 15/1/2007 11:20

I may have been wrong about PGS not being on peoples radar.As well as two buys this morning, we have a 325K X trade. Thats caused some interest with a rise in the share price

[sikhthetech] 12/1/2007 00:16

Fido, good points....but in my experience (20yrs) the private property market,ie estate agents lags the property auction market by some 12 months...Prices at auctions are already falling, mainly due to supply of buy-to-let properties....therefore, I expect those falls in auction prices to filter through to the private market in about 12-18months...In the late 80's I used to work for an IT company producing software for Estate Agents...some of the big names went under in the early 90's....ie sales dried up...the IT company was forced to close....and I suffered as a result...

I totally agree with your points about Rightmove taking market share...I totally agree about the potential of PGS. I dont agree with your view on slight weakness of prices...I have been in property for 20yrs and live in the SE...
During that time I have moved from property to shares and other investments...As always I spread the risk....
I hope I am wrong but indicators do point to a crash...dont forget the saying...investors are like sheep..applies to property as well as shares...
The wiser investor bought CCT before 3i took their stake....point being potential is still there but is vastly reduced compared to 6 months ago...

From posts I have read of yours, you seem very honest and realistic about investing....most investors are like sheep but not you...I respect that..
Most of my posts have been on QXL bb, where I bought @ 17.5p (new money) against the current share price of 600p.....proof is on the bb... occassionally post on CCT, PIC, FTC and SKP...you can read my views on these and form your own opinion...

all imo, dyor

Good Luck and keep posting

[fido] 11/1/2007 22:56

sikhthetech,
The point I was making about Rightmove is that its share price surged not because the market had expanded but because Rightmove was taking a greater share of that market. The same reasoning applies to PGS where in its last statement its market share had increased from 20% to 25%. Its strong cashflow is enabling PGS to cherry pick its best performing franchises causing further increases in profit and growth and therefore market share.
As for house prices crashing I must disagree. Mortgage applications hit records month after month and the demand looks set to continue for a number of reasons. I was reading a report the other day of an estate agent who did not have a single property in his window because he was completly sold out. The main increases in property prices seems to be in London and the South East with stagnation and slight weakness in some areas. I do not accept that prices could fall 40%. Such a senario would have very serious effects on the economy of this country although a slight pullback is very possible. The main point is that turnover will remain high which is fueling growth along with increased market share.

[sikhthetech] 11/1/2007 21:01

I firmly believe the latest interest rate rise will lead to a property price crash.....my prediction is of a 40% drop within the next 3 yrs...
The main driving force behind property price rises has been the buy-to-let market..Recent news stated that some 50% of auction properties now comprise of ex-buy-to-let properties....supply & demand...
With buy-to-let typically yielding 8% and interest rate rising, there will come a point when it is better to keep your money in a savings account/isa/stock market than buy-to-let properties...I think that point has been reached...
Also, with many homeowners overstretched the latest rise takes interest up 40% from their low point (3.75% to 5.25%)...if homebuyers were stretched then they would have to find that extra 40%...
I expect another rise in March/April....again 0.25%
How would it effect PGS....The number of home sales is high and should remain high for sometime ...PGS will therefore continue to benefit from this....Apart from that, as Fido correctly states, PGS do have other interests...

PGS itself is a gem waiting to burst out....its just over 18months since they had new management and strategy...I think PGS has a great future....Like many other shares, its downside is past management's failure to push it....Saying that the best potential comes to those companies, current unloved but fundamentally sound....
I am a holder and have been since the ipo, when they were called Cybertec...

all imo, dyor
Good Luck all

[fido] 11/1/2007 17:30

Truffle,
PGS stake was reduced when they did not take part in the last placing. See below, 8.3% down to 3.29%. The main point about the NCS rise is that it increases the chances of PGS selling its stake and will give it more focus.

Before Admission:

Howard Crosby (25.12%)

PSG Solutions Plc (8.3%)

HDSL Nominees Limited (5.09%)

Barclayshare Nominees Limited (4.74%)

Roland E Wheeler Jr (3.01%)



After Admission:

Howard Crosby (9.93%)

Gerard Thompson (5.07%)

Stephen Komlosy (4.93%)

John May (4.93%)

John P Ryan (23.15%)

PSG Solutions Plc (3.29%)

[truffle] 11/1/2007 16:34

I think that should be 8.3% - see above.

I agree with androyd's comment.

[truffle] 11/1/2007 16:34

I think that should be 8.3% - see above.

I agree with androyd's comment.

[truffle] 11/1/2007 16:34

I think that should be 8.3% - see above.

I agree with androyd's comment.

[fido] 11/1/2007 16:05

androyd,
PGS`s stake in NCS is now just over 3% and is therefore not a major influence. We now have much brighter PGS prospects to concern ourselves with.

[androyd] 11/1/2007 15:59

I find it hard to believe that the 300%+ rise in NCS has had no impact whatsoever upon PGS!

[fido] 10/1/2007 22:46

People would be wise to take note of Rightmove whose shares surged 10% on a profit increase of 85%. What is fuelling this surge is the centralisation of survices contracted out by estate agents to a large, efficient and cost effective supplier like Rightmove. The same also applies to PGS where all the time consuming and costly operations are contracted out to a centralised company like PGS. As trade builds, PGS become ever more cost effective and efficiencies in time and costs make the growth in PGS self fulfilling. This is evident where strong cashflow is financing the rapid expansion of the PGS franchise. I do not beleive that PGS is on many peoples radar as yet but the strong cashflow and expansion will lead the market to pick up on this. As I said in my last few posts, strong cashflow is leading to buybacks and we are seeing some share accumulation. When people listen to what this share is telling them then we will get a re rating and breakout of this share.

[fido] 09/1/2007 20:04

Looks like someone is buying in 25K lots.
These buys are whispering that good news is on its way.

[fido] 08/1/2007 19:57

Was that a 25k buy or a buyback. Either way this share is starting to talk and its telling me that its way undervalued.