Psg Solutions Share Discussion Threads

[truffle] 22/1/2007 15:24

No, not at all.
I had 3 small purchases totalling less than 20,000 shares.

[fido] 22/1/2007 14:35

Truffle,
I take it then that the 90k buy on Friday was yours.
This is a common problem with the market being distorted by hiding some of the buys. As I said in my previous post. If you look at the trades over the last few days you will see that most of them are sells and yet the share price continues to rise. This tells me that the share price is being pushed up to attract sellers. Clearly these shares are being accumulated to sell on to a ready buyer.
We have had buying by investment and institutional funds of late and the continual accumulation bodes well for the future and supports my bullish stance.

[truffle] 22/1/2007 14:26

Well, here's another thought.
I purchased shares in PGS on Friday which did not show up by the end of the day
on the level 2 totals column.
I queried the matter this morning and was told that the execution went through the AIM/Plus market quote.
It begs the questions
Who is aware of this fact?
What are the cumulative totals each day on this or any other share which is trading on a dual board system?

[fido] 22/1/2007 14:20

If you look at the trades over this last couple of weeks you will see that the share price has risen even in the face of what appears to be a number of small sales. This in my opinion is the MM`s lifting the share price to attract sellers. This is whats happening but can only be because the MM`s have a large buyer which is probably a continuation of the large buys we have seen lately.
Again, events are proving a very strong indicator as to the future direction of this share.

[fido] 22/1/2007 11:58

Truffle,
I understand what you are saying but as I said, this is a young company and this is merely the start. The start of investors coming on board together with the rise in the share price is just the beginning. As the story unfolds with strong cashflow and growth, others will come on board as this high growth company hits peoples radar. This is a company for the future and its performance over the last few days is recognition of this.

[truffle] 22/1/2007 11:02

Nevertheless, there is still a long way to go to get back to levels of recent years where some of us originally got in, such as £1-1.20 equivalent.
The Artemis increase doesn't seem to have encouraged anyone else at all.

[fido] 22/1/2007 10:54

Just a snippet from todays press, but it shows us what we already know. That is that property, whether it be private or commercial is big business in this country.

" Commercial property market investment hit another record in 2006 with £338 billion of stock changing hands, one third up from 2005"


The value of property changing hands at any one time is huge. Therefore those companies involved in the property transaction market are going to be making big profits.
We have already seen the start of this at PGS. You must remember that PGS in its present form is still a young company. However, for a young company it is highly successful. Its cashflow is strong and it is rapidly taking market share as its being the most centralised and cost effective operator sucks in back office work from companies up and down the country. This is leading to a rapid organic growth that is self financed through its strong cash flow.
Not so long ago it was just me saying these things, almost to the point of me talking to myself on this board. However what we have seen over this last few weeks is the start of some powerful investors coming on board with Mr Mortons Southwind investment fund and Artemis fund management upping its stake. These investments support my view that we are going to see strong growth from this company in the months ahead and the rise in the share price is just the start as people start to realise that the growth and the potential that I have spoken of is not just talk.

[fido] 17/1/2007 21:46

androyd,
Thanks for that, I was just going out when the RNS appeared.
Good news indeed then.
Mr Mortons Southwind upping its stake, now followed by artemis.
These big hitters know more than us mortals and if they are geting stuck in then good news must surely be on its way.

[androyd] 17/1/2007 20:24

fido, artemis have increased their stake from 1.6m (5.97%) to 2.35m, maybe we'll see another 10% gain tomorrow.

[fido] 17/1/2007 17:21

Remember me saying that the share price was holding up well, meaning that we had buyers in the background. Well this news has just popped up. I do not have the time at the mo but maybe someone else could tell me if this is more stakebuilding going on. If it is then this is another bullish signal for the future direction of this share.

PSG SOLUTIONS PLC

Holding(s) in Company

17 January 2007

The Company has been informed that Artemis Investment Management Limited, and
certain of its investment clients, have a notifiable interest of 2,235,000
Ordinary Shares of 20p in the Company, representing 8.22% of the company issued
share capital (excluding Treasury Shares) of 27,158,240.

[squaddie] 16/1/2007 15:22

Fido. These started life as Cybertec 10p (with warrants that nobody exercised)then changed to London & Boston, as jim lad said the consolidation was 10 for 1 so the current share price is about as close as it ever has been to the origional float. I must admit to being against the take over due to the enourmous amounts of options the new directors awarded themselves, but as we can now see if they benefit so do we, the only differance is that there options are worth millions, and my holdings a few thousand. But I suppose thats why they have millions and I don,t.

[fido] 16/1/2007 13:02

As a PS, I have just had a look at todays trades. They are mostly sells, which means that for the MM`s to hold the price up means that they have a buyer for them. This all bodes well going forward.

[fido] 16/1/2007 12:48

Sp holding up well in the face of profit takers. Needs to consolidate at this level before moving to higher levels.
Higher share price has not been supported by higher volumes, which is why it has fallen back. This still needs to get onto peoples radar. Hopefully todays rise will be picked up by those who can create a greater awareness of prospects.

[jimlad] 16/1/2007 12:44

Fido, Thanks, I remember getting some cibertech holdings at the IPO way back.
I think it was on ofex.I shall have to have search and see if i still have them.
Equvelent price of 7p looks as though this is a complete recovery.

jimlad

[fido] 16/1/2007 10:23

jimlad,
In answer to you question, LBN consolidated by a facter of 10 when it became PGS.
Regards.

[fido] 16/1/2007 10:17

As a demonstration of how PGS are not only about searches I have picked out a headline from today press that demonstrates what a moneyspinner the PGS division of Audiotel will become in the future.

"Gang used 007 style gadgets to cheat casino"

Audiotel a maker of security listening devices is a leading manufacturer of anti eaves dropping devices. In recent times it has picked up large orders from the likes of China etc. However these orders from governments meant that the order book although good, was lumpy. What PGS has now done at Audiotel is to COMMERCIALISE its product offering. Check out the website for further details but one of its products that is having a huge success is its security offerings to casinos. This is a 24hr security system that alerts the casino of any electrical transmiting devises being used on the premises. The system is relatively new but is meeting with strong demand. Every location where the system has been tested has resulted in orders being taken.
This is just one example of a more security aware world in which we live and will produce strong profits for PGS going forward.

[jimlad] 16/1/2007 10:12

Fido, T.Y.F.T. Have they done a consolidation and at what Multiple

Jimlad

[sikhthetech] 16/1/2007 10:08

Fido, my own target on CCT is 200p....I originally sold some ages ago @ 300p....I dont have any problems with investors mentioning targets...it shows they have 'an aim' rather than just 'sitting and hoping'...shows a good investor who has done some research....obviously targets can change depending on news & economics...
If investors dont like your targets, tough, its their problem...thats my view.....if they can argue against and not just rubbish it then fine....constructive arguments...

So, with CCT we both think 200-220....with PGS somewhere from 150 (mine) to 320p (yours)...I'm happy with that...

Good Luck

[sikhthetech] 16/1/2007 10:00

prior to LBN they were called Cybertec....

[fido] 16/1/2007 09:47

jimlad,
This company used to be called London & Boston, but since its name change to PGS there have been considerable changes with a new management team and focus and is a mile away from the old LBN.

[fido] 16/1/2007 09:44

sikhthetech,
I try not to talk about my own targets as they tend to be of a forward nature and as such are hard to appreciate by investors. As in Character when I said they would be taken out by 3i at £2.20 when they were about 28p no one took me seriously, but now they do.
For what its worth, my long term target for PGS is about £3.20 but its going to take a little while to get there.
As I said, this is a long term high growth company.

[jimlad] 16/1/2007 09:38

ANYONE, Has this company had a name change?

Jimlad

[sikhthetech] 16/1/2007 09:34

Great start to the day...this has a lot further to go....bit of profit-taking as would be expected then up and away...
My target is 150p.....
what's yours Fido?
Thanks
Good Luck all

[fido] 16/1/2007 08:59

A good start to the day, but remember that PGS are not a one day wonder. This is a serious growth stock for the months and years ahead. Its strong cashflow is fueling strong ORGANIC growth. Not only that but the contracting out of back office functions means that PGS is rapidly taking market share.
This strong growth in cashflow,expansion and market share, I also believe is seen by Mr Morton and is the reason for his further investment.
This has got a long way to travel, and todays share price hike is just the start of much better times for this share.

[elmfield] 16/1/2007 08:56

fido!
Credit where it is due, you called this right, well done.