Sectorguard Share Discussion Threads

[caledoniaman1] 22/4/2008 21:57

Can somebody / anybody try and offer me a logical explanation as to why Croma Group CMG share price can possibly be higher than Sectorguard's ? See comparative fundamentals below :-

Sectorguard Company Information
Sector Turnover (m) Profit (m) EPS - Basic PE ratio Mkt Cap (m) NMS
17.78 0.93 0.22 11.36 7.33
ROE (%) Op Margin (%) Gross Gear (%) Divi Yield (%) Quick Assets (m) Net Asset Val PS (p)
7.53 5.23 28.18 4.4 4.85 3.03


Croma Company Information
Sector Turnover (m) Profit (m) EPS - Basic PE ratio Mkt Cap (m) NMS
2.82 -1.14 -1.04 - 4.87
ROE (%) Op Margin (%) Gross Gear (%) Divi Yield (%) Quick Assets (m) Net Asset Val PS (p)
-27.38 -40.31 45.28 0.0 1.55 2.55


I moved from Croma into Sectorguard - have I made the right decision ???

[only1buster] 17/4/2008 20:00

sgd expects the results to be given in june to be above market expectations -given a 10% hike in divi last time and having issued 80m shares over the year, which is a 20% plus dilution of excisting shareholders funds, one hopes that long term holders are not to be denied their divi as well as suffer the dilution.It is now 15 months since any divi was paid and I am prety sure the directors having availed themselves of the 2p placing will also wish to trouser some divi. We can only wait and see. incidently one director was a large seller when the shares last hit the giddy heights of 4p

[lecks17] 16/4/2008 16:17

do you think they will be a divi ??
the cash is for working capital

[only1buster] 16/4/2008 08:28

a double bargain - cheap shares and divi if and when declared - the other shareholders have their holdings further diluted and the share price will make little progress when the fortunate 'buyers of the placed shares cash in their windfall when the above expectation results are declared in June.

[squiresquire] 16/4/2008 06:38

Looks like the directors grabbed a bargain before the results

[blackfox] 16/4/2008 06:11

SectorGuard PLC
16 April 2008


SECTORGUARD PLC

PLACING TO RAISE £0.8 MILLION

SectorGuard Plc, the AIM listed security specialist, is raising £800,000 through
the placing ('the Placing') of 40,000,000 new ordinary shares of 0.5 pence each
in the Company at 2 pence per ordinary share. The money raised will provide
SectorGuard with additional working capital.

The following directors have participated in the Placing as follows:

Name No. of shares No. of shares Percentage of issued share
subscribed in the interested in following capital following the
Placing the Placing Placing

D Marks 10,000,000 47,500,919 12.00%
M Higgins 8,875,000 48,875,000 12.35%
R Weigl 5,000,000 5,000,000 1.26%

Application has been made for the new shares to be admitted to trading on AIM
and it is expected that dealings in these shares will commence on 21 April 2008.
The new ordinary shares will rank pari passu in all respects with the existing
shares in issue.

The issued share capital following the Placing will be 395,850,848 ordinary
shares each with one voting right.

* * ENDS * *

Contacts:
David Marks SectorGuard Plc Tel: [phone]
Jonathan Wright Seymour Pierce Limited Tel: [phone]
Neil Badger Dowgate Capital Stockbrokers Ltd Tel: [phone]
Isabel Crossley St Brides Media & Finance Ltd Tel: [phone]





This information is provided by RNS
The company news service from the London Stock Exchange

[paulcaine2003a] 15/4/2008 23:52

latest numbers on manguard.

How good this acquisition will be only time will tell although it transforms the size of the company thats for sure.

Interesting that they made a loss last year but are trading profitably this year.

PROFIT AND LOSS ACCOUNT
Date of Accounts 31/03/2007 31/12/2005 31/12/2004
Total Sales 11,407,000 7,591,000 7,218,000
Cost of Sales 9,793,000 6,280,000 5,919,000
Gross Profit 1,614,000 1,311,000 1,299,000
Operating Profit -543000 107,000 179,000
Export 0 0 0
Nontrading Income 0 0 0
Interest Payable 25,000 7,000 68,000
Pretax Profit -568000 100,000 111,000
Taxation -31000 28,000 20,000
Profit After Tax -537000 72,000 91,000
Dividends Payable 0 50,000 47,000
Retained Profits -537000 22,000 44,000
Value Added 9,864,520 6,534,912 6,340,304
Capital Employed -448000 97,000 68,000
Net Worth -456000 80,000 58,000
Working Capital -573000 -51000 -37000
Emp. Renumeration 9,380,000 5,778,000 5,551,000
Dir. Renumeration 55,000 96,000 78,000
Audit Fees 6,000 4,000 4,000
Non-audit Fees 0 20,000 23,000
Depreciation 52,000 49,000 33,000
Number of Employees 454 380 390

[paulcaine2003a] 15/4/2008 23:33

Caledoniaman1,

sp is only the selling price per share. You have to take into account how many shares there are

e.g.
cmg = share price of 3.125 x 155.96 million shares = Mkt cap of £4.87 million
sgd = share price of 2.375 x 293.35 million shares = Mkt cap of £6.97 million

therefore, sgd may have a cheaper share price but the company is actually worth £2.1 million more.

I have owned shares in CMG, bought about 6p and sold on the way back down at 6p for no profit. I don't particularly like the way the company always gives good trading statements yet fails to deliver a profit. I think SGD is a much better bet even though I don't hold.

[caledoniaman1] 14/4/2008 21:34

lecks17, can you look at the fundementals for Croma Group CMG in the same sector and tell me why you think their share price is higher. It baffles me ! I moved out of Croma into this and fail to see why Sectorguard are not significantly higher on a stronger order and balance sheet.

[lecks17] 14/4/2008 16:33

caledoniaman1

The thing that always worries me is up till recent Manguard was not trading at a profit what's changed? and on top of the 3.5 mill cash it looks like Higgins sold some of the share he got why ? . These directors move in different circles to us it stinks of helping a mate out and may not be the best for the company. I am still holding and will wait and see what the next set of results are like

[caledoniaman1] 14/4/2008 08:05

thanks lecks17 - how do you see this one going in the coming months?

[lecks17] 07/4/2008 19:48

caledoniaman1 emailed david marks and go a reply 40 mill shares to mark higgins(looks like he sold 14 mill to Noble AIM VCT plc) and the money was taken from what was in the piggy bank and increasing the loan term

[caledoniaman1] 25/3/2008 21:14

I am going on holiday for a fortnight tonight. any volunteers to e-mail the company for an ex[lanation?

[marvelman] 25/3/2008 14:58

Obviously went to the bank manager then for the £3.5 million to add to the £1 million they already owe....and at what rate of interest.Now far to much debt and not enough transparency been given in this deal.They will never change it seems. I'm out. Regards to all holders.

[eugene1234] 25/3/2008 13:41

SectorGuard PLC
25 March 2008


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

25 March 2008

SectorGuard Plc ('SectorGuard' or 'the Company')

Completed Acquisition of ManGuard Plc ('ManGuard')


SectorGuard plc, the AIM listed total security solutions group, has, further to
the announcement on 14 March 2008, completed the acquisition of ManGuard for an
initial consideration to be satisfied by the issue of 40 million new ordinary
shares of 0.5p each ('Ordinary Shares') and £3.5 million in cash. The
acquisition is part of the Company's strategy to acquire companies in the manned
guarding arena and increase its position as a leading provider of total security
solutions.


Additionally, as previously announced, Mark Higgins, the vendor of ManGuard, has
been appointed to the Board as an executive director.


Application has been made for the admission of the 40 million New Ordinary
Shares to trading on the AIM market. The New Ordinary Shares will rank pari
passu with the existing Ordinary Shares and dealings in the new Ordinary Shares
are expected to commence on 28 March 2008. Following the admission of the new
Ordinary Shares, the Company's issued share capital will consists of 355,850,848
ordinary shares with voting rights.

[marvelman] 23/3/2008 00:03

Ponty...I had indeed spotted the RNS and didn't need you to post it again. I was referring to the fact that there was no mention of the aquisition on their website which has had no news update since June 07. This is indeed the aquisition I referred to in my previous posts which no one has responded to with an answer or even a suggestion...namely, where is the cash element of this purchase, £3.5 million comming from. I guess they will be telling us themselves soon anyway "The conditions are expected to be satisfied during the
course of the next ten working days, whereupon completion will take place."

[ponty] 22/3/2008 23:42

is this the aquistion you were looking for
SectorGuard Plc / Ticker: SGD / Index: AIM / Sector: Support Services


14th March 2008

SectorGuard Plc ('SectorGuard' or 'the Company')

Expands manned guarding business via acquisition


SectorGuard plc, the AIM listed total security solutions group, announces that
it has conditionally agreed to acquire ManGuard Limited ('ManGuard') for an
initial consideration to be satisfied by the issue of 40 million New Ordinary
Shares and £3.5 million in cash. The acquisition is part of the Company's
strategy to acquire companies in the manned guarding arena and increase its
position as a leading provider of total security solutions. A further amount of
up to a maximum of £3 million may become payable over the next 24 months
depending on certain turnover and other performance criteria being achieved by
the ManGuard business. The conditions are expected to be satisfied during the
course of the next ten working days, whereupon completion will take place.


ManGuard has been trading for seven years and has an extensive client list
across a number of sectors including national health service, education, rail
networks and shopping centres. Clients include the Covent Garden Market
Authority, Network Rail, Nottingham University Hospital and WH Smith. Following
a restructuring programme and significant organic growth, ManGuard is now
trading profitably and is expected to generate gross profit in excess of £2
million for this current financial year. For the 15 month period ending 31 March
2007 it reported a turnover of £11.4 million and a loss before tax of £586,000.
As at 31 March 2007, ManGuard had net liabilities of £482,000.


As part of the transaction, Mark Higgins, the vendor of ManGuard, will join the
Board of SectorGuard as an executive director. He brings extensive experience of
the sector and will assist in the expansion of the Groups offering and client
base.


SectorGuard CEO David Marks said: 'This acquisition is a further step in our
growth strategy aimed at aggressively building our critical mass in the security
arena. The acquisition will also widen the Company's market penetration,
increase its exposure to multi manned sites and places SectorGuard in the top 20
providers of manned guarding solutions. The deal is expected to be highly
earnings enhancing and the Board believe it will significantly impact future
financial performance. I'd like to take this opportunity of welcoming Mark to
the Board and I look forward to working with him, integrating the businesses and
achieving our growth objectives.'


The following information is provided in accordance with Schedule 2 of the AIM
Rules:


Mark Anthony Higgins, aged 44, is, or has been in the past five years, a
director of the following companies:

Current Past
ManGuard Limited Leisure Security Consultants Limited
New Hope Care Limited


Mr. Higgins was a director of Leisure Security Consultants Limited, which was
placed in creditors voluntary liquidation in 2000.


Upon his appointment to the Board of SectorGuard, Mr Higgins will be employed on
a service agreement with a basic salary of £50,000 with a notice period of 3
months.


* * ENDS * *


For further information visit
www.sectorguard.plc.uk
or contact:

David Marks SectorGuard Plc Tel: [phone]
Isabel Crossley St Brides Media & Finance Ltd Tel: [phone]
Jonathan Wright Seymour Pierce Limited Tel: [phone]


Notes

SectorGuard, founded in 1998, supplies total security solutions across the UK.
It has four key divisions

[marvelman] 22/3/2008 13:42

It sounds as if you have done that Buster....can you enlighten us.Their last news update was June 2007 and there is no mention of the current aquisition.

[only1buster] 22/3/2008 11:10

direct your question to the board via the sgd websight - you might get a pleasant surprise

[marvelman] 19/3/2008 14:11

....obviously not then judging by the deafening silence.

[marvelman] 18/3/2008 14:46

"consideration to be satisfied by the issue of 40 million New Ordinary
Shares and £3.5 million in cash"

Anybody have any ideas on where the £3.5 million cash is going to come from. Equal to 50% of the current market cap.

[caledoniaman1] 18/3/2008 14:40

thanks only1buster. June it is then.

[only1buster] 18/3/2008 14:32

300k is a buy - new quote on 100k - 2.3 sell 2.6 buy - holders till final resulls in will prosper IMOP - new company aquired will dilute holdings by 15% (40m new shares) but add 60% to turnover in full year and 1 to 2m to profit

[caledoniaman1] 18/3/2008 14:15

another 300k sale. good news and all sells ! I give up on trying to read any logic into this market.

[only1buster] 14/3/2008 16:38

40m shares for the new purchase plus 8m options which may well be cashed will prove to be a short term brake on the share price - the 30m turnover will alert some preditor IMOP