Sectorguard Share Discussion Threads

[squiresquire] 04/8/2008 07:12

Howdy Et cetera

Be careful I was told your tip was about to go bust....

[caledoniaman1] 03/8/2008 15:47

guys, i spoke to the CEO last week. i feel confident that things are good for the future. he / they are building up cash reserves which make them less vulnerable / dependant on external funding. he also pointed out that the current market cap represents less than the cost of the recent aquisition of man guard, therefore that puts the value of the main company at less than zero. miles of upside here and it has the clear potential to multi bag in the next month or so imho.

[lecks17] 01/8/2008 22:24

got the paperwork for the AGM during the week
Surprised theirs been no rns about it

[squiresquire] 01/8/2008 21:55

lecks

I can confirm that,

results should be 3rd or 4th week Aug, this due to the new company accounts being merged for audit and directors on holiday who cannot sign accounts off until they return late August, I spoke briefly to company this afternoon.

[lecks17] 01/8/2008 14:59

results are delayed because accounting period has changed the AGM will be on 15th

[only1buster] 01/8/2008 08:25

results not out on time (july 31st) hope that its not bad news for holders - share price graph is not looking good - white night required ? - i hope my fears are unfounded

[squiresquire] 13/6/2008 06:50

Caledonian

Cheers for that, makes sense.

[caledoniaman1] 12/6/2008 18:28

spoke to the chairman today. he called me back from his mobile when driving. interim results will not be out until towards the end of July in oder to ensure that they include the audited results of the new subsiduary companies acquired. this is necessary to meet new regulatory rules on the presentation / format of accountancy results. so put it in the diary for mid to late July. i agree, i think they are in the right sector and i think market conditions will have improved sufficiently by then to help give the share price a boost on the back of the results. IMHO

[caledoniaman1] 12/6/2008 18:28

spoke to the chairman today. he called me back from his mobile when driving. interim results will not be out until towards the end of July in oder to ensure that they include the audited results of the new subsiduary companies acquired. this is necessary to meet new regulatory rules on the presentation / format of accountancy results. so put it in the diary for mid to late July. i agree, i think they are in the right sector and i think market conditions will have improved sufficiently by then to help give the share price a boost on the back of the results. IMHO

[squiresquire] 11/6/2008 16:40

The last big buys were when the directors bought 25% in the recent placing
so I dont see that as bad,

their statment was very encouraging though I guess that doesnt mean much when the likes of Brad and Bing can say one day they are doing well and the next week they want money

but SGD is looking like its in the best sector. Soon we will see.

[caledoniaman1] 11/6/2008 14:43

No buyers / no sellers - totally off investors target -with results imminent it does not bode well !!!!

[caledoniaman1] 05/6/2008 17:40

interim results due possibly 12th of June. any thoughts as to how this company are trading and where you anticipate the share price going to ?

[caledoniaman1] 15/5/2008 23:09

just found it on their website :_


Investor Relations
Financial Calendar

Financial period end 2008
Announcement of interim results 26 June 2007
Distribution of interim results 3 July 2007
Announcement of second interim results 12 December 2007
Distribution of second interim results 20 December2007
Announcement of preliminary results Provisional 12 June 2008
Distribution of Annual Report Provisional 30 June 2008
AGM Provisional 30 July 2008

[caledoniaman1] 15/5/2008 23:06

can anybody tell me if a date in June has been set for the publication of the results?

[caledoniaman1] 30/4/2008 21:58

SectorGuard CEO David Marks said: "We have put in a strong trading performance
and I look forward to delivering our results, which should reflect the progress
we have made and should exceed market expectations. The UK market demand for all
security products is growing rapidly driven by the threat of terrorism and
rising levels of crime and disorder. SectorGuard, with its broad range of
security services, is ideally positioned to take advantage of this growth as
highlighted by its recent contract wins. Our initiatives put in place last year
are now bearing fruit and we are positive about 2008 and beyond."

Looking forward to a good set of results in June. A safe bet IMO

[squiresquire] 23/4/2008 19:42

Plus they like to give divis when they can, so we may well get good news on that

[paulcaine2003a] 23/4/2008 13:54

Caledoniaman1 - FWIW I think you are right to be investing in SGD. I dont currently have a position but am looking to invest once I get some funds.

Croma are a company that I dont particularly like. At the time that I was investing, JF was saying how the business was increasing turnover and performing really well and stuff, and then they still didnnt make a profit. Lost some confidence in them and not sure I like their business model.

SGD appear to be a good company. I think they will be a company who will be taken over sooner or later. They are starting to gain a presence and I reckon they will be a very attractive acquisition in a growing market. If theyre not taken out then they will deliver growth year on year IMO

[caledoniaman1] 23/4/2008 09:27

point taken, but the further £3m is only payable on a performance (profit) related basis. As they say, spend to accumulate !

[marvelman] 23/4/2008 09:21

Caledoniaman

From their last balance sheet they had loans and overdrafts totalling almost £2 million.They also will have added to it with the aquisition of Man with a share dilution and also £3.5 million cash which for the majority they will need to have added to their loan account. They are also committed to parting with a further £3 million to pay for the aquisition over the next 24 months. Within their balance sheet is £8.4 million in intangeables.

My opinion FWI they are in debt up to their eyeballs.

Regards

[caledoniaman1] 23/4/2008 08:53

also SGD Gross Gearing is only 28.18% compared to 45.28% for CMG - surely a huge gulf ! Either Croma is vastly overvalued or Sectorguard is grossly undervalued. Presumably when market conditions settle down this discrepancy will be reversed.

[caledoniaman1] 23/4/2008 08:49

SGD market capitalisation is only 41% of turnover and the company are making a profit. CMG market capitalisation is 173% of turnover and they are only now moving into profit.

[caledoniaman1] 23/4/2008 08:45

thanks pc, sorry i missed your post at the time. even factoring in the higher mkt capitalisation, I think sgd is worth far more relatively.

[paulcaine2003a] 23/4/2008 08:38

Caledoniaman1 - have already answered your question.

paulcaine2003a - 16 Apr'08 - 00:33 - 1513 of 1520 edit


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.