Rps Share Discussion Threads

[sleveen] 10/9/2008 17:38

What other comparator companies would you suggest?

[wjccghcc] 10/9/2008 13:41

Not really in the same business as HYC or MCHL.

[sleveen] 10/9/2008 13:32

If RPS hit 220p I'll be buying. Compared with HYC or MCHL forward PE, RPS still has a way to fall before reaching similar levels.

[peaeff] 23/7/2008 16:11

Bletherer

We seem to be stuck firmly around the 300p mark. What are your charts telling you and do you think the forecast 'excellent' interims could push us well beyond.

Regards

[bigwavedave] 23/6/2008 13:38

OK. Thanks. Seemed rather overdone to me, whatever caused it.

[bletherer] 20/6/2008 09:24

Bit of selling pressure again here. Main support levels here look to me to be 270 (medium-term trendline), 250 (lateral) and 220 (long-term trendline, breakout level). If it ever gets that far 220 should be really powerful support and I would definitely be trying to find the funds to add at that point!

[indieman] 20/6/2008 06:50

The 50 day EMA didn't escape the 200day EMA and, as tends to happen in these situations, has reacted the other way. A bad call.

[bigwavedave] 19/6/2008 12:05

Anyone have any ideas re the recent falls... Seemed to be doing very well until the past few days. Perhaps I have missed something.

[indieman] 20/5/2008 06:54

Probably worth mentioning that the chart is beginning to look interesting again.

A very gently rising 200day EMA has been crossed upward by the 50 day EMA. Forgetting the myths, this should provide good support for a further attack on 335p to 345p resistance. The negative aspect is that the recent rise has occurred on relatively low volume.

Worth watching anyway.

[dull gull] 01/5/2008 12:30

To be honest, Peaeff, you have been guilty of impatience. The trading update prior to results stopped a relentless downward channel in its tracks and replaced it with an upward channel - which may still be going on. But on the day of that update the share price didn't do much and, if memory serves, you were somewhat peeved by that, lol.

I get impatient as well but I remind myself that in the long run - earnings are more important than share price. In fact I don't know why I monitor it every day. Well, I have bought some on the dips so maybe that's why.

Re: the volumes - dunno. Bletherer knows more about that stuff. Maybe he can enlighten us.

[peaeff] 01/5/2008 12:12

DG

Thanks for that, I agree with your sentiment and I am probably guilty of showing impatience with regrad to the share price. However, I find it can be very frustrating when a certain level is reached and the share price retracts almost immediately, even against the flow of the main markets.

With regard to Director sales, I haven't felt at all concerned, probably because, generally speaking, the forward projections have been good, as was the case this time. It's understandable, I suppose, that Directors seek to benefit from the fruits of their expertise.

With regard to aquisitions, so far so good. The business is certainly gathering momentum year on year and one would assume that the recent, plentiful in number, aquisitions, will assist that further to be the case.

Regards.

EDIT I have noticed recently that there has been very low volume during the morning trading session. Do you read anything into that.

[dull gull] 01/5/2008 11:14

My only views are that the recent trading update should have off-set worries about director sales. So overall I am pretty satisfied with the company's progress at the moment.

The director sales concerned me as well, to a certain extent, but I remember the chief exec selling even more a couple of years ago and it didn't signify anything then either.

As for the share price: Let it mark time for now. 2008 interims and finals should be good.

[peaeff] 01/5/2008 08:58

Almost 9am, 10000 shares traded and once again the price has bounced off a brick wall at around 320p and now shows at 313.5p. I suppose one reason could be that they are trying to fill a large buy order sub 320p, otherwise it's become quite boring and we may have to wait until interims to shift it.

Any views?

Regards.

[dull gull] 23/4/2008 10:34

nice!
:D

[peaeff] 23/4/2008 07:40

Mornin all!

Good trading statement, more aquisitions to come in second half.

"During the first quarter results substantially exceeded
those for the same period in 2007."

Regards PF.

[peaeff] 18/4/2008 14:39

3month Trading statement next Wednesday. Make interesting reading with all these aquisitions. Could get things moving again but they appear determined to trade this between 300-330p at present.

[markie7] 05/4/2008 20:00

Am new to this group. but very interested. Who do people think are comparable businesses? I'd appreciate some thoughts?

[olivepeel] 04/4/2008 16:42

10% vs 18% CGT

[bletherer] 04/4/2008 14:28

Quite a significant sell. Always possible that he just needs the money for some reason but not exactly a confidence builder. Just about hit the .618 of the move down from the highs before turning back again; now we need to see if/when it can find support. So long as it holds above about 290 it's okay IMO and could just be consolidating prior to a further push up; much deeper than that and a retest of the Jan lows becomes likely.

[melody9999] 04/4/2008 14:01

On the other hand Toriel, judging by his sale today, perhaps the CEO agrees with you! Selling 33% of his holding is quite a lot.

[peaeff] 31/3/2008 19:04

Toriel

We are told that all, bar one I think, are already profit making and will continue to operate under their own directors and staff at present. Further payments will only be made in accordance with performance so I would suggest that these deals are very carefully negotiated and do encourage a continued effort by present personel. The integration therefore should not leave any cause for concern on that front.

Regards PF

[toriel] 31/3/2008 16:03

RPS seem to be taking over small companies at a rate of knots just now. Is there a danger that the company will become unbalanced and take its eye off the ball, trying to integrate several new, albeit related, businesses?

[melody9999] 16/3/2008 20:25

Yeah thanks DG - I think my point was that nominally RPS was gaining earnings of £1.48M (assuming as per last years figures) for 3.36M shares at 300p each (£10.1M). So EPS on these is 1.48/3.36 =44p

So if EPS for RPS is 11.94p this looks very good news to me ie earnings enhancing.

[dull gull] 14/3/2008 08:45

RWG is earning £1.48 million before tax. RPS is paying £10.1 million for this (and the earnings enhancements that follow on from being integrated into RPS: - better margins, more markets for RWG's services etc).

£10.1 million is the equivalent of 3.36 million shares which now have earnings of 15p per share - total earnings of roughly £500,000.

Allowing for tax and other accounting details, like goodwill etc - the pre tax profits of £1.5M from RWG still looks like a good prize for the cost. And as I said, those earnings should get substantially enhanced over the next few years.

(Also note: RPS is paying only partly in shares, the rest in cash.)

Melody, for starters I think you need to convert your 300 pence to pounds. I didn't fully follow the rest.