Sectorguard Share Discussion Threads

[ucorksuckers] 22/1/2007 16:03

Anybody know when the didvidend is likely to be paid?

thanx

[deanforester] 15/1/2007 17:29

Yes, I edited the comment as soon as I checked on it. Thinking of another company duwe to report end of the month (RDS),

[marvelman] 15/1/2007 17:03

Dean...as you may now have realised, results were out 11th December.

[deanforester] 15/1/2007 16:56

Eh?

Dividend up 10%, Gross Profit up 25-28% Margins up.

What are you looking for?.

[chapman123] 15/1/2007 10:12

i was out on results day after another year of no EPs growth time to move on toomuch time wasted here i'm afraid best of luck to those left

[swwikmi] 11/1/2007 10:24

1150000 sold and the price holds to 4.25-4.5 very odd

[gazwenn] 10/1/2007 09:25

agreed corky. The only reason i have not got frustrated and sold is because it is not going down, it just sorts of floats around 4p. But there does seem to be an awful lot of buying (for this share) at present, i am hopeful it will go soon

[ucorksuckers] 10/1/2007 01:19

Looks to me like somebody is soaking up every spare share that comes onto the market. Not many sellers so I would like to think the share price might at least creep up to the 5p mark where I will again be in profit. It would be interesting to read a critical analysis of this business from a professional auditor but it is one of those forgotten shares which has languished in its own backwater for too long. Personally I think it is at least 50% undervalued and one day the markets will wake up to that fact.

good luck
corky

[skyship] 09/1/2007 16:21

lecks - thanks for that. They are quite right of course......

Personally I was a tad disppointed with the recent figures; and I would also prefer a consolidation to both rid us of the "penny share" stigma and reduce the absurd dealing spread. However, the Company is beginning to develop critical mass and as a secure long-term hold this still looks good value IMO.

[lecks17] 08/1/2007 17:30

Yep there is a update buy recomendation on aim & plus newsletter out today

[skyship] 08/1/2007 15:59

remarkable volume today - have we had a tip update somewhere - in RHPS possibly!?

[swwikmi] 07/1/2007 13:52

lack of any director buying is surprising given the stated progress and prospects for the company - last director buys in the distant past - options granted to directors may well be a factor holding back the share price progress

[kunalkoth] 18/12/2006 15:11

Basic Valuation Model

EPIC: SGD
Current Offer (p): 4.75
Shares In Issue: 307125083
Mkt. Cap (£m): 14.6

Assets - Liabilities - Intangible Assets (£m): 8.2
Earnings Multiplier: 5 years
Average Forecast Net Earnings over 5 years (£m): 0.7*
Forecast Value in 5 years (£m) = 8.2 + (5*0.7) = 11.7
Forecast Value per Share (p): 3.82
Dividend (p): 0.11*
Dividend Multiplier: 5 years
Total Value per Share in 5 years (p) = 3.82 + (5*0.11) = 4.37

*Very conservative estimate which assumes basically stagnant earnings

Increase average earnings over next 5 years to £900k and assume constant divi and we have a company worth 4.7p per share assuming no more dilution.

In reality some would use an earnings multiplier of 8-10 therefore this basic model shows that the share is currently cheap/fair value depending on what you define as long term.

One thing is for sure - you sure as hell won't lose money on it until something truly shocking happens. The business' intrinsic value is sound. Who cares what Mr Market thinks.

[swwikmi] 16/12/2006 15:13

institutional holdings of 25% plus speak for themselves - expansion by aquasition or by being aquired - either a good deal for holders - fill your boots -

[jeff h] 15/12/2006 11:39

...and an article on citywire:-

[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