Sectorguard Share Discussion Threads

[trader2] 08/8/2005 13:02

l r - hope you are too pessimistic there. Acquisitions thus far (out of cash flow) seem to have done well. If they really have a couple of good targets that will be earnings enhancing - then that should get reflected - even in the well diluted price - or an I being too optimistic here????????? SGD are still moving with some key trends.

[los ricos] 08/8/2005 10:50

Trader2 - agreed. Stuck in bottom draw for now. Dilution mostly bad for shareholders in the short-term. Would have thought was underwritten or they would have gone with an open offer. Don't see anything happening here for at least a year (uncertainty about how regulation costs will affect bottom line will keep a lid on things), unless bid rumours resurface of course.

[trader2] 08/8/2005 08:32

Placing at 3.5p - no mention in RNS if underwritten (assume not) or institutional take-up. Significant (+30%) increase to shares in issue.

[martinc] 08/8/2005 08:29

Every time you think things are looking up they issue more shares and we're diluted back to square one again. This looks increasingly like a company that increases profits to line the directors' pockets but never increases earnings per share.

[mart] 28/7/2005 11:42

AT last, some interest.

[omalaha] 26/7/2005 18:56

Where was the tip?

[ponty] 25/7/2005 16:17

share price stuck,mm appear to be waiting for bid aproach ?

[shiningstar] 25/7/2005 13:47

tipped again this weekend

[knowing] 16/7/2005 18:50

Yes LR Buy rec in Shares Mag

[ponty] 14/7/2005 23:33

it takes a lot to move this share

[los ricos] 14/7/2005 07:13

Mention in Shares Mag I believe.

[the bull] 13/7/2005 00:13

Just having a peek as a former holder of 350K. How dissapointing is the price, thought it would be past 10p by now. Maybe I should tuck some away, seems like a sound business still

[omalaha] 12/7/2005 07:58

I wish. For a company that actually isn't performaning that badly, it's a lousy stock to hold. A reasoned view would be that this sector is ripe for merger/consolidation and therefore there could be some reward in the future.

[ponty] 11/7/2005 11:02

holding steady ready for takeover approach may be ?

[marvelman] 11/7/2005 10:35

The spread has killed it again.

[omalaha] 11/7/2005 09:57

Would have thought that after recent events SGD should benefit from massive increase in security arrangements in all areas. Mind you, it probably wont budge the share price which seems set in stone.

[ponty] 04/7/2005 11:44

this looks like a good buy 134961 shares,but no move in price

[los ricos] 30/6/2005 07:26

Taken from RSG results today (gives their take on impending regulation of security providers):

"Regulation of Private Security
Regulation, in the form of licensing and appropriate training of all security
personnel, is due to take effect in March 2006. Although there are dangers and
unintended consequences in any government regulation, we expect a long-term
favourable impact for our employees, the public, our customers and our industry.
Regulation will cause a significant rise in the cost of security. It will
encourage changes in the mix of services provided, favouring the innovative use
of technology and flexible security solutions. It is estimated that there are
now more than 2,100 providers of manpower security services in the UK market and
Reliance is the second largest provider. The British Security Industry
Association estimates that this number could fall to 200 following regulation,
because many will be unable or unwilling to comply with the new legislative
requirements and this will benefit leading providers, such as Reliance."



Should benefit SGD as they are a leading provider - not sure that many investors will stay around, though, as the expense of regulation will have short-term effects.


Interestingly MTO bought out a Midlands security outfit (announcement today) so sector still consolidating.

[trader2] 29/6/2005 15:04

Worrier - good idea - why didn't I think of that?? Just mailed Alan Sutton to ask why.

[worrier] 24/6/2005 19:41

I no longer hold, but if the debt level is bothering any shareholders, why not contact the Finance Director personally to clarify things ?

[marvelman] 20/6/2005 13:53

D4vos
£5.7 million is goodwill which leaves negative assets of £400k.

[d4vos] 20/6/2005 13:36

The company has a net assets of £5.32m and any creditors are covered by debtors and cash security.

Still undervalued wait for the get rich quick crew to get out then the patient investors will reap the rewards.

[marvelman] 20/6/2005 09:01

Take out Goodwill of £5 million and this company is in negative assets.Sold this a.m.Nearly £4 million in creditors.

[los ricos] 20/6/2005 06:55

Steady as she goes:

LONDON (AFX) - SectorGuard PLC six months to March 31 2005
Sales - 7.86 mln stg vs 7.07 mln
Pretax profit - 333,648 stg vs 306,759
Operating profit before goodwill - 523,602 stg vs 465,888
Operating profit - 389,902 stg vs 363,855
EPS before goodwill - 0.15 pence vs 0.14