Sectorguard Share Discussion Threads

[lecks17] 14/12/2006 18:04

Update on this weeks rhps
SECTORGUARD (SGD): For the year to 30 September,
Sectorguard has reported a pre-tax profit of £1.34m
on turnover of £17.8m.

Last year Sectorguard moved its head office, integrated
three trading companies into one operation and also made
sure that its personnel were licensed to work under the
security industry's new Approved Contractor Scheme.

Having raised £3m last year Sectorguard is now able to
make acquisitions, and there should be solid growth from
its manned guarding, key holding, asset protection and
alarms business.

Broker Seymour Pierce is predicting earnings per share
of 0.38p this year, and an increase in last year's
dividend payment of 0.11p. The shares are on a low rating,
especially in relation to comparable companies such as
Group4 Securicor and Reliance.

I rate this as a very solid and well managed company,
which should enjoy steady growth and pay a rising
dividend. BUY.

[jeff h] 14/12/2006 08:34

LONDON, December 11 (newratings.com) - Analyst Kevin Lapwood of Seymour Pierce maintains his "buy" rating on SectorGuard (ticker: SWB).

In a research note published this morning, the analyst mentions that despite the slightly lower-than-expected revenues, the company has reported its full-year profits in-line with expectations. SectorGuard is likely to witness robust growth in its key areas of operation, manned guarding, key holding, asset protection and alarms, during the current year, the analyst says. The company appears poised to tap on consolidation opportunities in the highly fragmented market, Seymour Pierce adds

[chapman123] 12/12/2006 23:29

2% dividend is not enough was hoping for 50% but they dont have the cash to cover it too many intangables too.....EK would have a field day..

[ged5] 11/12/2006 21:12

25% growth in gross profits from a 9% growth in sales.

10% increase in the dividend

Very strong forward looking statements

Results looked very solid at first glance

But I don't think they met expectations and as a result left me a little uneasy. This prompted me to make some sales at a very small profit but I thought there was enough in these results to keep on to some.

I think the ex-divi date is 2/2/07 so unless there is big changes I'll keep them at least until then.

IMO this company is slowly growing and will eventually take off but I'm not so sure that it's just yet.

[ucorksuckers] 11/12/2006 16:16

The usual results day scenario. Results are good so the MMs open at a premium. A few long termers take the oportunity to bail out at somewhere near breakeven point and that knocks the price right back. For about 10 minutes this morning I was actually in profit for the first time since last time they approached 5p. Looks like my grandchildren might benifit form these shares but I don't think I will. My (possible) grandchildren haven't even been born yet so that will give you some idea of the timescale I'm thinking of.

Only 40 more dividends and I will have got my money back.

These shares are as safe as premium bonds and have about the same excitement value!

[chapman123] 11/12/2006 14:21

I'm the same was hoping for some EPS growth and bigger dividend also cash flow is an issue IMHO perhaps thats why didiv not raised that much any idea of pmy date ??

RHPS were into this update this week could see some movement nice volume today will get some exposure to the mags so could see rise in week or so then mioght just drift back

[brumont] 11/12/2006 08:01

I am not a current holder having sold out a year ago on the results surge. I have however been keeping this one on the radar. I have to say I am rather disappointed in the EPS and dont see it justifiying the mark up the MM's are trying for. I am not rushing to buy in.

[janus62] 11/12/2006 07:34

Looking good

PRELIMINARY RESULTS



SectorGuard plc, the AIM listed total security solutions group, announces its
results for the year ended 30 September 2006.

Overview

• Solid growth and development - both profit and service offering

• Turnover up 9% to £17,781,897 (2005: £16,375,097)

• Gross profit up 25% to £3,746,790 (2005: £3,008,194)

• Increased gross margins to 21% (2005: 18%)

• 28% increase in operating profit before goodwill amortisation to
£1,479,827 (2005: £1,155,443).

• Proposed dividend of 0.11p per share (2005: 0.1p)

• Successfully adopted new licensing requirements

• Integrated three trading companies into one to become a total security
solutions provider

• Completed acquisition of the business contracts of Oakpark Alarms

• Continue to look for earnings enhancing acquisition opportunities

[robtre] 07/12/2006 21:08

ged5

many thanks

[chapman123] 07/12/2006 14:02

cannot see MBO but bid very possible at this level

[robtre] 06/12/2006 20:21

ged5

where did you get the info re average sector p/e's please?

[skyship] 06/12/2006 15:50

Topped up yesterday @ 4.2p after a long deliberation over this chart. The more I study it the more I feel that we have seen two years of base building & that the share price is overdue a recognition of the improving Fundamentals.

I agree that the spread is a function of the idiotic "penny share" status. What we need is a 1:10 or 1:20 share consolidation, ie, take it up to 42.5p or 85p. The headline spread would then contract to a more bearable 3p-5p, ie c.5% v. the current absurd 17.5%. Dana Petroleum is a great example of success for such a move, though obviously the oil price boom played its part!


free stock charts from www.advfn.com

[gazwenn] 06/12/2006 15:05

I have held this for 2 years and it has not broken 5p in all that time i have held. You need a little patience in this share!

[chapman123] 06/12/2006 14:45

a good set of results might give it the momentum as the yield is getting better
My problem is it wont go very far with such a daft spread ie +/- 15% so have suggested share split but perhaps the see this as a waste of money ?

Roll on next week hopeing for 5p before xmas

[ged5] 28/11/2006 19:36

chapman123,

you seem to understand why the share price isn't moving and you've been in this far longer than me.

I came into this because of the fundamentals. For several years the turnover has been consistently growing and with it the operating profits. Normally this would result in an increased eps which should have grown considerably. However as the profits have moved up the management have made acquisitions which have been funded by an increase in the number of shares.

Throughout the past 3 years the share price has moved sideways and the eps has been maintained at the same level. I think this has been a deliberate plan. I think the management have been very astute in providing some organic growth and building the company to one of the market leaders by some very good acquisitions.

There is the hint that the acquisitions haven't quite finished although there seems to be enough cash to finance any bolt ons that are needed.

However the company looks so well run that once they have finished I can see at least a 50% rise in the share price based on increased profits in the not too distant future. Looking again at the average pe ratio for the sector there is no reason why the share price shouldn't double. And with the cash they are generating the share price could rise even more with the prospect of a nice juicy dividend.

Or am I just being too bullish?

[swwikmi] 28/11/2006 15:34

a 50% divi rise looks a tad optomistic to me - solid progress and a sensible hike in divi might well attract a bigger fish to bite -

[chapman123] 20/11/2006 15:05

its all about EPS growth so lkets hope for some and perhaps 50% divi rise might just about keep me on board also could do with some +ve cashflow this time dont want much do i

[gazwenn] 20/11/2006 14:02

A good set of results and a slightly bigger dividend payment might just get this company moving north at long last

[uk013645] 20/11/2006 07:30

Notice of Results

RNS Number:2958M
SectorGuard PLC
20 November 2006


SectorGuard Plc / Ticker: SGD / Index: AIM / Sector: Support Services

20 November 2006

SectorGuard Plc ('SectorGuard' or 'the Company')
Notice of Results

SectorGuard Plc, the AIM listed total security solutions group, will be
announcing its final results for the year ended 30 September on Monday 11th
December 2006.

* * ENDS * *

Contacts:

David Marks SectorGuard Plc Tel: [phone]

Isabel Crossley St Brides Media Tel: [phone]

[ged5] 17/11/2006 12:05

Now well within trading range of the provisional date for results - 11th December 2006.

A couple of sells today which gives opportunities to buy a little cheaper.

Turnover, profits and dividends have all been growing over the past few years so let's hope that the improvement continues.

Last results and trading statement suggest they should do.

[ged5] 15/11/2006 15:46

There looks to be a little bit of interest in these today.

One of those days when it's been difficult to buy.

Noticed on bigcharts the volume is about 145000 yet elsewhere its about 68000.

Any enlightenment?

[ged5] 10/11/2006 12:22

I agree. 3.85-4.2 is the spread for small amounts which is still fairly big but it's encouraging to see that you can sell more than you can buy on-line.

I haven't found any recent coverage but I'm sure that'll change after the next results.

Hopefully with the cash they've got and the increasing influx of cash from operating activities, we won't need to raise any more for a while.

[chapman123] 10/11/2006 11:28

the spread holds them back IMHO and they get little or no coverage
also buy most aquistions out of Shares and dilute EPS if we have a period
of stability might get some good EPS/divi gains worth 5P+ IMHO

[ged5] 10/11/2006 11:09

This BB is very quiet which is perhaps a good sign. Usually a good time to buy.

There was also the forward looking statement from the interim results in June.

"We continue to grow organically with contracts being awarded by new clients as
well as additional sales to existing clients. The ability to offer clients a
broader range of services and products is already producing growth and we feel
this can only be enhanced by our continued integration of the businesses.


The positive financial impact of licensing security officers should start to be
reflected in the results of the next 12 months, and as ACS members we should
obtain a commercial advantage over non-ACS members. This advantage will be
further enhanced as and when the SIA takes steps to prevent the deployment, by
others, of unlicensed security officers.


We believe that this record start to the year will continue and I look forward
to reporting on our further progress at the year-end."

There seems to be plenty of cash as well.