Sectorguard Share Discussion Threads

[caledoniaman1] 12/6/2008 19:28

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 17:40

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 15:43

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

[caledoniaman1] 05/6/2008 18:40

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] 16/5/2008 00:09

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] 16/5/2008 00:06

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

[caledoniaman1] 30/4/2008 22:58

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 20:42

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

[paulcaine2003a] 23/4/2008 14:54

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 10:27

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 10:21

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 09:53

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 09:49

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 09:45

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 09:38

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.

[caledoniaman1] 22/4/2008 22:57

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 21:00

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 17:17

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

[only1buster] 16/4/2008 09:28

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 07:38

Looks like the directors grabbed a bargain before the results

[blackfox] 16/4/2008 07:11

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] 16/4/2008 00:52

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] 16/4/2008 00:33

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 22:34

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 17:33

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