Rps Share Discussion Threads

[dull gull] 30/3/2007 10:31

Cup and handle?

[jscowi] 30/3/2007 09:40

pushing to new heights following acquisition

[peaeff] 29/3/2007 11:47

Building once again

Rps Acquisition


RNS Number:9568T
RPS Group PLC
29 March 2007



RPS GROUP PLC
("RPS" or "the Group")

Acquisition of Geocon Group Services Ltd and the business and certain assets of
Geocon International Ltd, together known as "Geocon".

RPS announces the acquisition of Geocon, a leading provider of consultancy
services to the oil and gas industry on an international basis.

Geocon was established in 1982 and provides geological consultancy services to
the international oil and gas industry. From its operating base in the UK it
undertakes projects for major oil and gas companies worldwide. The consulting
services that Geocon provides fit well with those that RPS currently offers its
clients, expanding both the range of services and the depth of resources that
RPS can deliver. The Geocon management team and staff are remaining with RPS
and the Geocon business will become part of RPS's fast growing energy
activities.

In the year ended 31 December 2006 Geocon had revenues of #7.8 million and
profit before tax of #1.0 million. Net assets at 31 December 2006 were #0.95
million.


RPS is acquiring the shares of Geocon Group Services Ltd, the Geocon UK holding
company and the business and certain assets of Geocon International Ltd, the
international business, for a maximum total consideration of #6.35 million. The vendor is Geocon Holdings Ltd, a Gibraltar registered company which, on
completion, changed its name and ceased activity in the energy market.

Consideration paid at completion was #1.9 million in cash, together with 511,726 new RPS shares priced at 310.23 pence, valued at #1.6 million. Subject to certain operational conditions being met, a further #0.95 million in cash will be paid on each of the first, second and third anniversaries of the transaction.

Alan Hearne, Chief Executive of RPS commented:


"We see the acquisition of Geocon as an excellent opportunity to develop further our energy business. The depth of the Geocon resources, when added to those of RPS Energy, will provide excellent support to our clients when the need for high quality professional advice in the world's oil and gas companies has never been greater."

LINK

[jscowi] 22/3/2007 12:30

They are going through as AT trades not sure what the significance is though.

There also a somebody selling 800 shares at a time, once one lot is taken out the next appears.

I feel a close above 324p would be bullish and ready ourselves for the breakout to new heights.

[peaeff] 22/3/2007 12:05

Anyone help please

If you look at todays trades (RPS) you will see numerous for just 40 or 41 shares. I have seen this on other shares as well. I really would like to know what this is all about if anyone happens to know. I would think it has something to do with the AT system but exactly what?.

Regards PF

[peaeff] 21/3/2007 15:10

DG

Agreed. The market appears to have taken the hint from the budget and the price has, for the present, taken an upward turn. Can it last.?

Regards

[dull gull] 21/3/2007 14:44

The shares look range-bound to me. Any short-term money should have exited by now following the results and the recent market machinations. Furthermore, the excellent results seem to justify support at current levels.

Once the interims appear on the radar I'd expect these to rise in anticipation. Peaeff's 350p target sounds good to me - maybe later in the summer. Good interims, and we move on from there...

[peaeff] 21/3/2007 10:09

Maybe the Chancellor might give us a boost in his budget news today. He is expected to go very GREEN as a pre-curser to his becoming Prime Minister.

Apart from that I see no reason why this should retrace back as far as figures mentioned by Bletherer. There is no reason to believe that progress will be in any way interupted for at least 2007 and probably beyond but I do agree that 320p is, at present, a formidable barrier which is not being helped by the undertones of uncertainty within the markets. The U.S economy is tending to change it's mind every other day and one has to wonder whether some of the explanations given for the various conflicting performances are to be believed with any conviction.

Meanwhile we should remain resolute and confident that our management are well on top of things, having sufficiently composted the roots of success in order that they may multiply to yields of 350p soonest and steadily increase thereafter.

Regards PF

[bletherer] 20/3/2007 09:49

320 is proving a difficult nut to crack - if it falls back below 290 then I would expect a retrace back to the 200 MA, or around the 250-260 level.

[peaeff] 16/3/2007 20:42

Qaz I believe

[kneath] 15/3/2007 12:58

Paeff 192 - Agree totally. It's nice though to keep the wasters off the BB's. For the record on my first two ventures onto BB's I was confronted with the same-old, same-old... arguing with each other until eventually some clever sort posted a huge red button to 'easy-filter' the main protagonist. Its on the AZM board for a laugh (not a ramp!). However communicating on BB's is no different to real social interaction. Common sense will rule the day.

Good news on todays acquisition and a healthy tick up too! Please sir, may I have some more?

[peaeff] 15/3/2007 10:58

Building for the future.




RNS Number:0116T
RPS Group PLC
15 March 2007

RPS GROUP PLC

("RPS" or "the Group")


Acquisition of the business of Safety and Risk Practice Pty Ltd ("SARP")



RPS announces the acquisition of SARP a leading health and safety business
providing consulting services to the oil and gas industry in Australia and SE
Asia.



SARP was established in 1999 and provides health, safety and training services
to the oil and gas and mining industries. It is based in Perth, Western
Australia, and undertakes projects on an international basis for many of the
major oil and gas companies. These services fit well with the range of services
that RPS currently offers its clients in Australia and SE Asia. The SARP
management team and staff are remaining with RPS and the business will be
integrated with RPS Energy's existing business in Perth.



In the year ended 30 June 2006 SARP had revenues of A$4 million (#1.6 million)
and profit before tax of A$0.9 million (#0.4 million). Net assets at 28 February
2007 were A$1.1 million (#0.45 million).



RPS is acquiring the assets and certain liabilities of SARP together with its
goodwill, for a maximum total consideration of A$4.6 million (#1.9 million). A$3
million (#1.2 million) was paid in cash at completion. A further A$1.2 million
(#0.5 million) in cash will be paid on the first anniversary and a further A$0.4
million (#0.2 million) in cash on the second anniversary of the transaction,
subject to certain operational conditions being met.



Alan Hearne, Chief Executive of RPS commented:



"We see an excellent opportunity to expand our energy business in Australia and
SE Asia; SARP will extend our growing footprint and reputation in that region.



"Providing advice to oil and gas companies in relation to health and safety
issues continues to be a growing activity for us. The acquisition of SARP is a
timely extension of in our capability in this market and complements earlier
acquisitions in the sector."

15 March 2007
Link

[only who?] 12/3/2007 19:32

Hopefully bringing RPS to the attention of those who might have overlooked RPS, and making them buy some shares.

[only who?] 12/3/2007 18:42

Robbie Burns has just bought in, which might mean something.

[peaeff] 08/3/2007 22:05

Kneath

It is getting busier but don't knock it a lot can be learned from an informed BB and it's nice to be able to compare thoughts with others.

[reeshar] 08/3/2007 19:46

Nice rise today. I can see me accumulating a few more of these on any weakness. Stick 'em in an ISA for a rainy day.

[kneath] 08/3/2007 19:44

I like this BB. Not much going on - naaiiieece as Borat would say! Sub-dude!

[kneath] 08/3/2007 10:55

Room for a small one. Just joined you chaps at the heady price of 309.15p. Failure to genenrate profit wil result in excercise of the fullest disciplinary mechanics available to me. Geddit? Be nice...it's been a tough week!

[peaeff] 08/3/2007 09:54

Morning all

Took AGK profits and bought back in here at 305p. Good week. Onward and upward please.

Regards PF

[reeshar] 08/3/2007 00:03

I did buy a few more.

[peaeff] 07/3/2007 00:34

Apologies wrong thread.

[reeshar] 06/3/2007 20:18

I think I'm in for a few more tomorrow. Risk of a dead cat bounce but this looks like a good long term company to hold.