Psg Solutions Share Discussion Threads

[truffle] 08/1/2007 14:53

You get a nominal rise of 0.5p/share with no apparent trades, then 25,000 shares are posted at 63p/share (presumably a purchase) and the trade timed, it would appear, at 12.48. Trades should not be allowed to be posted well after the event which is deliberately misleading people.

[fido] 08/1/2007 13:22

This is slowly creeping up.
75p confirms breakout and will open more eyes to the potential.

[truffle] 03/1/2007 09:28

Many thanks.

[skiboy10] 03/1/2007 09:00

Re : NCS

RNS 2nd June

PSG hold 13,855,406 shares in NCS (9.99%

NCS placed then 26 millions share with US private investors

Following RTO and placing and acquistion due to be completed 15th Jan they will still hold 13,855,406 see below for the percentage

Current value approx £280K


PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL
BEFORE AND AFTER ADMISSION:




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%)


NAMES AND ADDRESSES OF ALL

[truffle] 03/1/2007 08:52

My question remains the same as 2 weeks ago.

Does anyone know the value, in simple cash terms, of the original outstanding PGS stake of approx. 10% in NCS both before and after the NCS reverse takeover, allowing for the refinancing, dilution or whatever else ??

[fido] 03/1/2007 08:38

Netcentric moving up again today!

[fido] 03/1/2007 08:02

Truffle,
Having been in this share since its first days, I cannot argue against anything you have said. Clearly in the past this company has been through some hard times and there has been a lot of change in management and focus.
However all these problems are reflected in the current share price If you believe as I do that this company has turned around and is now performing strongly then the phrase about there being a time to invest is never truer than it is today. If anyone is in doubt about that they should have a look at the last set of figures. Even after taking into account a raft of one off expences PGS still managed a 62% increase in profits. Take those one off away and you can see that the strong cashflow that the company speak of is set to generate substantial profits. Its even more impressive when you consider that the company is in its early stages of growth, and that prospective growth looks substantial.
The man in charge is EX major material and its my opinion that this whole operation is being run like a military excercise with substantial profits to be made. Strong cashflow is funding PGS`s strong growth and is providing funds for share buybacks. Surely a maiden dividend cannot be far off and its future is looking very strong. Timeing is everything in my opinion and there are substantial profits to be made from here.

[truffle] 03/1/2007 07:22

I admire your continued optimism which I assume is genuine and may well prove to be correct in the long run. You even refer to a 1p/share rise as if it is something to get excited about !
However, the fact remains that for those shareholders who have been stuck for the best part of 4/5 years in this stock (including when it was LBI) it has been a lousy investment what with all the personnel changes, refinancings, dilutions and so on, and the price will have to go to substantial premiums to to-day's level to get investments back and/or to make up for the 'opportunity cost' of investing elsewhere in what has generally been an excellent market for the past few years.

There is a long way to go before genuine returns are seen in this share, I'd say something around minimum about £5/share. Mr. Mervis and his team have now been in situ for about 18 months and, frankly, need to get moving.

[fido] 03/1/2007 01:37

One of the things I always forget about PGS is its insurance side, but this division is actually growing the fastest of all. One of the new products that has been developed to offer customers is insurance cover for areas where normal insurers are pulling out. Insurance like flood plain protection etc etc. Many insurance companies now do not offer this and therefore as a specialised insurance sector, PGS is going to be picking up a lot of business.
This is just one example of how products are being developed to push through its distribution channels.

[fido] 02/1/2007 15:48

So what is todays rise down to. Is it the 22% rise in Netcentric shares in which PGS have a stake or is it something else.
In the press over the new year were stories of how mortgage applications are at an all time high. This has been a continuous theme over the last few months and is in itself excellent news for PGS. However, there was a survey that caught my eye. It said that the two most important things house purchasers were looking for in their property transaction were speed and costs. This underlines what I have already been saying about PGS. The best way to speed up the process of home buying and to reduce cost is to use companies that specialise in certain areas. In the case of searches, increasing numbers are turning to PGS for a quick efficient and cost effective solution to that part of the process. This then speeds up house tranactions causing a snowball effect for companies up and down the country to use a centralised service like PGS.

[fido] 31/12/2006 21:42

HAPPY NEW YEAR TO ONE AND ALL!

[fido] 22/12/2006 17:34

To underline the point about PGS not being dependent on house sales, one of the fastest growing divisions is its insurance side.

Opportunities for Growth
PSG is developing a number of new products including insurance products useful to homebuyers to protect against potential environmental claims, and 'property blight' – unknown future events that would impair home values. Its national reach to around 4000 solicitor clients gives it an effective and distinct distribution channel to provide worthwhile products to home buyers. PSG's ethos is very much one of identifying and satisfying comsumer demands in the most cost-effective, user-friendly way.
PSG will be enhancing its website shortly to promote its Brand and to deliver its products to existing and potential new customers.

If you check out the website you will see that PSG delivers all manner of information from company directors to coal pit workings and as a leading provider of information, their services will be sought after in this time conscious and centralised society.

Have a look at:

[fido] 22/12/2006 17:01

As a PS to my last post it is interesting as to the timing of the RNS about the share buybacks. Released at a time when no one was meant to see it means that they probably want to keep it under wraps about better trading so that they can keep up the buybacks on the quiet. That remains to be seen, but the buyback today sends out a strong signal as to where this company is heading.

[fido] 22/12/2006 14:33

"Properties remain buoyant on the prospects for Real Estate Investment"

Just a snippet from todays press. The point is that we are not just talking about house sales hear. Property in all forms has become the mainstay of British investment both for investment funds, pension funds, buy to let, you name it. All need searches, and this means plenty of business and profits for PGS.

[fido] 22/12/2006 14:05

PGS have issued an RNS today stating that they have brought back shares.To my knowledge this is the first time this has happened and should now be continued. For the company to do this it shows that trading is strong and the shares are cheap. It is the clearest sign yet that all that I have been saying about the company is correct and we are about to see a marked improvement in the company and its share price

[androyd] 22/12/2006 07:46

RE- NCS,RNS out to confirm what skiboy has been telling us all for 2 or three weeks, PGS stake at the time of suspension was just short of 10%

[skiboy10] 22/12/2006 07:28

RNS not out yet...next few days....

[truffle] 22/12/2006 07:00

I seem to have missed some news on NCS. Where is this announcement (not apparently on the NCS site)?

Could someone also explain what has happened, and also what the remaining PSG shareholding in NCS was valued at both before and after the announcement?

Many thanks.

[skiboy10] 21/12/2006 17:32

Yes I know they plan to sell them...just passing on some info about the deal....

[fido] 21/12/2006 17:30

Skiboy10,
PGS have stated their desire to sell NCS at some time, but that does not mean they cannot make a very large profit on the deal in the meantime. People should also check out Audiotel where business is also booming.
Like I said, PGS are undervalued because they are not on peoples radar- that could be just about to change.

[skiboy10] 21/12/2006 17:22

Re: The NCS Deal.....

The reverse takeover looks very interesting....placing details and contact here.....placing closes tomorrow so an RNS maybe tomorow or next week and relisting by end Jan 2007.



Both Howard Crosby and John Ryan have superb track records in the natural resources sector in the USA with their latest company [NASDAQ listed Cadence Resources] for example being a serious multi bagger [MKT CAP went from under $500K to $450M within 5 years before being taken over although it should be pointed out that $40M or so was raised on the way].

The placing is at a price of 2.5p.Therefore net of cash raised the MKT CAP will only be circa £9M. This values the oil shale at less than 8 cents a barrel with the proven skills and track record of Howard Crosby and John Ryan [NASDAQ listed Cadence Resources] thrown in for free!

A significant proportion of the new funds raised will be put to work mostly for the purposes of buying oil production. As with Cadence Resources the returns should be very attractive!

Based on the experience gained from Cadence Resources more oil than gas production will be purchased due to the much quicker pay back time.

I would think that Crosby and Ryan will be looking to grow TomCo to at least the same size as Cadence over the next few years.....$450M = roughly £250M = a very nice share price!!

[fido] 21/12/2006 17:04

androyd,
The situation with Netcentric highlights what I was saying before. PGS have no desperate need to sell their investments because strong cashflow is feeding their organic growth. PGS will sell the likes of NCS at the most oportune time with the benefits ploughed back into the company to generate extra growth.
At some stage the market is going to latch on to PGS`s growth potential and then the share price is going to perform.

[androyd] 21/12/2006 16:31

It looks like PGS has finally woken up to the NCS deal!!

[fido] 21/12/2006 09:44

Balloo,
PGS will speak for itself. The last results even after a raft of one off expences showed an increase in profits of 62%. Cashflow is strong which is generating strong organic growth within its franchise. In a highly fragmented market there is a huge amount of business for PGS to go for, and as I said before as back office work increasingly gets contracted out to the likes of PGS then this is going to mean big profits going forward.