Psg Solutions Share Discussion Threads

[androyd] 09/10/2007 07:57

Housing minister Yvette Cooper is to speak at next weeks AHIPP conference where she will provide an update on the progress of HIPS to date.

[fido] 04/10/2007 14:45

Another 25k buy- Share buy back?

Things looking better going forward.

[fido] 25/9/2007 15:00

Truffle,
The fact that these shares are being held in treasury not only means that the company view them as undervalued but also that there is going to be demand for the shares or they will be used to part fund a deal.
Remember that PGS have said that they are thinking of a deal that will materially strenghten its position. What is happening now, including Mr Morton increasing his stake three times, looks like positioning in a future that is looking very much stronger.

[fido] 25/9/2007 14:51

PSG SOLUTIONS PLC ("PSG")

PURCHASE OF OWN SHARES AND TVR UPDATE

PSG announces that it has made the following purchases of its Ordinary Shares
of 2p:



Date No of Shares Price

Monday 24th September 100,000 70.75p

Tuesday 25th September 144,583 71.50p


The total of 244,583 Ordinary Shares will be held in treasury.

PSG has issued share capital comprising 27,183,240 Ordinary Shares of 2p with
voting rights and following this purchase now has 269,583 shares in treasury.

PSG does not have any other class of shares which has voting rights and
therefore the total number of voting rights is 26,913,657 and this figure may
be used by shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or a change to
their interest in PSG, under the FSA's Disclosure and Transparency Rules.

Enquiries:

Dru Danford Shore Capital & Corporate Ltd 0207 408 4090

[truffle] 25/9/2007 14:39

A share buy-back!
Not before time, but decent volumes compared to the 25,000 share buy-back some months ago.

[fido] 25/9/2007 14:12

Only two left on the offer with the rest moving up.
A move north looks to be due.

[androyd] 25/9/2007 13:24

At last! a bit of activity, i think someone is reacting to my recent posts!

[androyd] 22/9/2007 10:10

Let's hope they don't switch off the life support machine!!!

[androyd] 20/9/2007 13:35

I think we've now slipped into a coma, zzzzzzzzzzzzzzzzzzzzzzzzzzzz,

[androyd] 19/9/2007 08:43

What's it going to take to wake this sleeping dog up!!!

[androyd] 17/9/2007 08:39

I'm amazed this has held up in view of the current situation in the housing/mortgage market.

[aaliyah] 14/9/2007 10:01

I think that rather high interest rates are to blame for the drop in home prices. People are more reluctant to take on a mortgage.

[masurenguy] 14/9/2007 08:23

Average house prices drop 2.6% in August - houses for sale lowest for 3 years, particularly 4 beds - HIPS blamed.

[squaddie] 10/9/2007 09:05

androyd. HIPS will never be accepted by the British estate agents or Solicitors who for many years have screwed the British public for every penny they can get, at the same time encouraging the criminal conduct of gazzumping. The sooner these scum bags are regulated out of exsistance the better. The industry has proved it cannot protect joe public. HIPS if anything does not go far enough, it should also include a legally binding contract that when an offer is made and accepted, it cannot be broken, without out of pocket expense penalties being paid to the injured parties. Our housing market compared to say the French is a farce and designed to feed the sales force of estate agents most of which now comprise of ex endowment selling insurance crooks. Lets see how many estate agents close if the regulator looks into this snake pit. Bring on HIPS, E- conveyencing and more. PGS and companies like it can do everying the current rip of system does in a more open and cost effective manner and in a business model that is easy to regulate.

[androyd] 09/9/2007 23:21

When the chairman spoke at the AGM about how the company's performance for the full year could be significantly affected if HIPS were fully implemented by the year end, was he being positive or negative???

[androyd] 08/9/2007 08:23

There's an article in todays Mail which states that 4 bedroom houses coming on the market are 40% down compared to the same period as last year, and this, according to the article is attributable to the introduction of HIPS. This can't be good news for PGS.

[fido] 23/8/2007 18:05

I get some flak by those who say this company has not performed. Mr Morton is a very astute investor and his Southwind vehicle picking up another 600k odd shares speaks volumes. Do you honestly believe he would be doing this if he did not believe that this company was not ripe for a re rating.

[masurenguy] 23/8/2007 16:21

Psg Solutions Holding(s) in Company
Date : 23/08/2007 @ 16:51
NOTIFICATION OF MAJOR INTERESTS IN SHARES

8. Notified details: A: Voting rights attached to shares Class/type of shares if possible. Situation previous to the triggering transaction. ISIN CODE Triggering transaction (vi)

Number of Number of voting
shares Rights (viii)


GB00B0WHXB01 3,475,768 3,475,768
Resulting situation after the triggering transaction (vii) Class/type of shares if possible Number of Number of voting % of voting
using the ISIN CODE shares rights (ix) rights

Direct Direct Indirect Direct Indirect
(x) (xi)


GB00B0WHXB01 4,079,519 4,079,519 N/A 15.0% N/A
10. Name of the proxy holder:SOUTHWIND LIMITED

[truffle] 23/8/2007 15:59

Southwind seem to have picked up another 600,000 odd shares today.

[fido] 22/8/2007 07:50

androyd,
Do a search of HIP providers up and down the country to see how many state that they provide HIPS in "association" with PSG.
PSG have already said that HIPS are going to have a "significant" effect on earnings.

[androyd] 22/8/2007 06:58

There's an interesting article in the Daily Mail today about HIPS, and sellers having to pay twice, i'm not sure how this will affect PGS but given that PGS is an established search company, it may see us gaining a bigger market share. It would seem that the controversy surrounding the introduction of HIPS is not going to go away! Could it mean that other HIP providers come to PGS to provide them with the search element of a HIP.

[androyd] 21/8/2007 14:36

The sub prime mortgage situation in America and the effects of higher interest rates is unnerving the housing sector, if house sales turn out to be significantly lower than last year, then that would have a negative impact on PGS's annual results, i've also read that first time buyers may be sitting on the sidelines in the hope that the next move in interest rates will be downwards. If interest rates have peaked, then i believe any downturn in the housing market will be shortlived.

[fido] 21/8/2007 13:54

MM get their take from turnover. MM`s will drop the share price to attract buyers.

[masurenguy] 21/8/2007 13:49

Daily volumes have been very low for the past couple of weeks so the recent price fall has not been caused by any wave of selling. The MMs have marked this down for some particular reason.