Savile Group Share Discussion Threads

[davidosh] 15/11/2009 14:46

Poor response here considering I have arranged for three directors to come along. Luckily at least 35 are coming from the Motley Fool so there wil be a decent audience tomorrow evening.

[davidosh] 13/11/2009 10:12

If any of you would like to come along to dinner and see a presentation by two of the directors you are very welcome. They will no doubt be able to answer some of the questions raised here.



The venue is in Beckenham just 15 minutes by train from Victoria

[afpk53] 09/11/2009 19:10

Today's news about the share placing would seem to explain why the price has been depressed lately... Did anyone here know it was happening? Was anyone offered shares at 67p?

[davidosh] 04/11/2009 08:05

Latest results from Penna our closest listed competitor for comparison purposes....


Interim Results for the six months ended 30 September 2009




Penna Announces Further Strong Results




3 November 2009

Penna Consulting Plc (PNA:AIM), the international human resources consulting group, today announces its interim unaudited results for the six months ended 30 September 2009.




HIGHLIGHTS

Revenue up 68% to £48.4m (2008: £28.9m)
Pre tax profits before acquisition costs up 56% to £3.5m (2008: £2.3m
Like for like revenues - £32.0m, up 11% and pre tax profits £3.4m (2008: £2.3m), up 47%
Profit before tax £2.5m (2008:£2.3m)
Cash at period end £6.7m (31 March 2009: £8.9m)
No bank debt
Interim dividend up 50% to 3p (2008: 2p)
Barkers acquisition in June 2009, integration has gone smoothly and is almost complete
Revenues now 25% outplacement and 75% recruitment and related services
Appropriate cost structure for current levels of demand



Commenting on the results and outlook, Stephen Rowlinson, Chairman, said:

"Once again our long established businesses produced growth in revenue and a very substantial increase in profit before tax. This was a result of improving margins and close control of operating costs. At the same time as delivering this excellent performance the Group completed the important strategic acquisition of Barkers, which doubles the size of Penna and has great potential for the future.

[penpont] 01/11/2009 19:28

Interesting account of the recent AGM from TMF website:

[parvez] 27/10/2009 15:26

David,not sure whether it is bad or good to announce acqisition in an RNSabout buyback - it could be that they do not want to raise expectations - the management have not laid a foot wrong so far and know exactly what they are doing so I would tend to go with their expertise and enjoy the ride :)

[davidosh] 26/10/2009 14:35

If they are buying back so heavily there cannot be significant news either way but rather bad to announce the acquisition hidden in a RNS about buybacks.

[parvez] 26/10/2009 14:24

pen, would not have thought any bad news especially in light of company buying their own shares - over 300k of them!

CR,perhaps they are shaking the tree to pick more up for the company to buy own shares - all IMHO of course!

[cockneyrebel] 26/10/2009 10:56

Fall seems quit mad imo

CR

[penpont] 26/10/2009 10:55

AGM tomorrow - surely no bad news to justify this drop?

[parvez] 23/10/2009 11:16

I guess so that they could buy shares on the cheap :)

[alanrex] 22/10/2009 18:59

cfro - dont understand why that held things up??

[cfro] 22/10/2009 18:20

Obviously the reason for the share price stalemate over the last few weeks imo....But now with the news out, this should continue on its upward trend.

[parvez] 22/10/2009 17:49

Also interesting the number of own shares acquired which I believe is the single largest no. since they started purchasing own shares. This can only be very positive earnings enhancing move..

[cockneyrebel] 22/10/2009 17:06

Interesting - will increase turnover by 20% - bet there's some profit potential out of that with synergies.

CR

[angel of the north] 22/10/2009 16:52

22/10/2009 16:20 Savile Group Signs Heads Of Terms Over Possible Co Acquisition



LONDON (Dow Jones)-- Savile Group PLC (SAVG.LN), a specialist consultancy providing a range of talent management and career management services, said Thursday that it has signed heads of terms with regard to a potential acquisition of a business focused on the public sector.

MAIN FACTS:

-Assuming that Savile proceeds, this is likely to be structured by way of an initial loan with an option to acquire a majority stake.

-The target company is likely to make a loss in the year ended Dec. 31 on revenues in excess of GBP2 million. -By London Bureau, Dow Jones Newswires; Contact Ian Walker; [phone]; [e-mail]

(END) Dow Jones Newswires

[angel of the north] 22/10/2009 14:23

Thanks Stegro - was in a little panic - I live in Spain now and have not changed my detais with broker yet (They need in writing by rec delivery) won't accept an email even from a logged in online system! Guess its best to be safe though.

[stegrego] 22/10/2009 13:03

Just comes straight into your online account, on or a few days after the payment date.

The divi is paid to the broker and they distribute to whoever holds, as a cash deposit.

[angel of the north] 22/10/2009 12:59

Please excuse my inorance but how are dividends paid when holders buy through on-line brokerage? Are the divis paid to the brokers?

[parvez] 21/10/2009 15:24

CR, I thought x/d date was tomorrow?

[cockneyrebel] 20/10/2009 15:06

Divi's yours if you're holding at the close tonight.

CR

[chester] 13/10/2009 11:32

Chart looks set for a move up I feel.

[keane16] 08/10/2009 12:21

i'm in for a few

[alanrex] 08/10/2009 09:42

change in adviser seems good to me. hopefully more awareness of stock.

[chester] 08/10/2009 09:25

Looks good timing Angel .