Sectorguard Share Discussion Threads

[knowing] 17/4/2009 13:01

Well I am waiting to see if they move that bid to close the spread a little before jumping in. Dubois as you say the deal is an excellent one. All wil be revealed in the next results anyway.

[dubois] 17/4/2009 12:45

I'm half expecting an RNS to say that they got it wrong and its only 1m rather than 10m. Is there something not right here or is it me, they do say if it seems to be to good to be true then it is. Either that or it's the deal of the centuary

[pre] 17/4/2009 12:33

agree Knowing...think this is a great opportunity before the herd jump in...

[knowing] 17/4/2009 12:27

Seems like people have not really woken up to this news as yet. I am very tempted to buy and remember this being 5p when it was only half as strong as it is now.

[dubois] 17/4/2009 11:59

I run a small security company and if anyone can do what they appear to have done, then they must be one hell of a new management team.

[pre] 17/4/2009 11:55

lucrative acquisition announced yesterday...10m annual revenue generated by contracts bought bodes well imo, dyor etc

[ted32] 17/4/2009 11:52

With serious management on board SGD is about to fly. Topped up yesterday. Sorry about the ramping.

[dubois] 17/4/2009 11:34

If SGD have done as they say then to buy 10m of contracts only (no craft liability) then they what they have done is a miracle and these will fly. Even at 20% G/M thats still 2m to the bottom line

[knowing] 17/4/2009 11:26

Fair bit of buying today.

[sleveen] 16/4/2009 18:31

probably why Craft went bust.

[lecks17] 16/4/2009 18:20

lets hope we havent employed these guys within the 400 people transferred :-
Exclusive: Ex-SAS troops' cleaning firm acused of £7m National Insurance scam
Jun 29 2008 By Raymond Hainey

A CLEANING firm run by ex-SAS soldiers is being probed over claims of a £7million tax and National Insurance scam.

Tax inspectors are investigating whether money was siphoned off from Craft Services Group to buy property in Turkey instead of being paid to the Government.

Revenue and Customs were tipped off by a former employee who was refused unemployment benefit despite her payslips showing NI deductions for three-and-a-half years.

Not a penny had been paid by the company on her behalf.

And wage slips seen by the Sunday Mail show dozens of casual staff sharing the same date of birth and just three NI numbers between them.

Hundreds of staff were made redundant when the company's subsidiary Craft (Northern), based in Wishaw, Lanarkshire, went into liquidation this month. It ran security and cleaning services.

Insolvency expert Stephen Hunt has been called in by HMRevenue and Customs (HMRC).

He said: "We have been appointed to investigate allegations that the firm had failed to declare or to pay £7million in VAT, PAYE and NI.

"The allegations are extremely serious. I am investigating why the company invested large sums of money in property in Turkey."

Susan Nicol, 37, was refused unemployment benefits after being made redundant.

Susan, of Cleland, Lanarkshire, said: "Every week on my payslip the tax and National Insurance had come off.

But I was told I wasn't entitled to anything."

Craft director Vince Moody, 50, is based in Hertfordshire.

Susan'smumAnn, 58, was a Craft manager. Ann, also from Cleland, said: "Mr Moody and some of the other bosses are meant to have been in the SAS but we never saw them."

Moody told us: "If you want to talk to me, talk to my lawyer."

[eggbird] 16/4/2009 14:38

any thoughts on the 550k trade at mid?
Im guessing it was a buy, as there have been a fair few trades at or below mid today, including mine from this morning

[teasle] 16/4/2009 11:51

The last 100,000 trade was a buy in fact - it was mine.

[culford] 16/4/2009 07:49

these companies trade at 40%-60% of revenues....post these two acquisitions sectorguard should have c£70m of revenue and a market value of £28m-£42m.....current market cap is c£8m......suggests price should rise to >3p once market realises how these two acquisitions have transformed the company.....

[pre] 16/4/2009 07:31

acquisitions of contract worth £10m per annum....very intertesting....

[eggbird] 16/4/2009 07:26

More good news:

RNS Number : 6369Q
SectorGuard PLC
16 April 2009

?
SectorGuard Plc


Acquisition of new contracts


Highlights:
* Acquisition of contracts worth GBP10m per annum for a total cash consideration
of GBP99,000
* Contracts acquired from administrators of Craft Services Group
* Acquisition makes SectorGuard a top 10 provider in UK manned guarding

SectorGuard plc has, through its 100% owned subsidiary Legion Services Limited,
acquired the contracts of Craft Services Group Limited (in administration) for a
consideration of GBP99,000. The contracts with an annual value of GBP10m provide
security and facilities services to shopping centres, property groups and
commercial organisations.


This addition further strengthens SectorGuard's market share within these
sectors following quickly on from the Legion Group plc acquisition.


Some 400 employees of Craft Services Group Limited have transferred (under TUPE
conditions) over to Legion Group plc along with a number of the management team.


SectorGuard plc is now a Top 10 provider of manned guarding within the UK and
has over 3,200 employees group-wide. The Company will continue with its
integration plan of both business units and has identified approximately GBP3m
of consolidation savings per annum in the process.


The integration process will be completed by the end of May 2009.


Mark Higgins, Chief Executive comments;


"We are pleased to have added this client portfolio and valuable workforce to
our business. The recent acquisitions have demonstrated SectorGuard's ability to
seek considerable value from a distressed market place.


The Board expects to continue to grow the Company both organically through its
strong long-term order book and will explore further opportunities to acquire
additional organisations to continue consolidating the market place.


The business model being adopted by the new Board of SectorGuard is ideally
suited to enhancing customer service and drive efficiencies thus adding to both
shareholder and stakeholder value"

[velvetide] 30/3/2009 06:54

RNS Number : 6584P
SectorGuard PLC
30 March 2009



Sector Guard plc

('SectorGuard' or the 'Company')







Appointment of General Sir Mike Jackson GCB CBE DSO DL as Non Executive Director




SectorGuard ('SectorGuard' or the 'Company'), the AIM listed provider of security and fire protection services which recently completed the acquisition of Legion Group Plc, is delighted to announce the appointment of General Sir Mike Jackson as a Non Executive Director of the Company with effect from 1 Apr 2009.




General Sir Mike (65) had a distinguished career in the British Army spanning some 45 years and is a former Chief of the General Staff of the British Army and Commander of the Nato Kosovo Force. General Sir Mike was awarded the MBE in 1979, the CBE in 1992, the CB in 1996, the KCB in 1998, the DSO in 1999 and the GCB in 2004.




Since retiring from the Army in 2006 General Sir Mike has taken up a number of consultancy and board positions. He is currently a senior advisor with PA Consulting Group and sits on the Rolls Royce International Advisory Board and has in the recent past held positions with Numis Securities and the Risk Advisory Group.




Charlie Cleverly, Managing Director of SectorGuard commented:




'We are delighted to welcome someone of the calibre of General Sir Mike to the Board. His breadth of experience and depth of knowledge will undoubtedly be a great addition to our Company, especially in light of the recent acquisition of Legion Group plc. We all look forward to working with General Sir Mike in the future development of the Company.'





General Sir Mike Jackson commented:




'I am very pleased to be joining the board at SectorGuard plc, especially at a time when the company has just acquired Legion Group plc. This is an exciting advance, and I look forward to helping the company continue its successful progress.'




30 March 2009




Enquiries:




SectorGuard
01992 701972

Mark Higgins, Chief Executive



Charlie Cleverly, Managing Director








Seymour Pierce
020 7107 8000

Jonathan Wright








College Hill
020 7457 2020

Nick Elwes







www.sectorguard.co.uk




Notes to Editors:



General Sir Mike Jackson GCB CBE DSO DL


General Sir Mike Jackson was commissioned from Sandhurst into the Intelligence Corps in December 1963; he studied for an in-service degree in Russian Studies from 1964 to 1967. After graduating, he spent two years on secondment to the Parachute Regiment and subsequently transferred from the Intelligence Corps in 1970. During the early 70s he served in Northern Ireland, and with the TA in Scotland.

He attended the Staff College in 1976, after which he spent two years as the Chief of Staff of the Berlin Infantry Brigade. He then commanded a parachute company for two years, once more in Northern Ireland.

After a six-month course at the National Defence College at Latimer in 1981, he joined the Directing Staff at the Staff College. His two-and-a-half-year tour at Camberley included a ten week attachment to the
Ministry of Defence during the Falklands conflict.


He commanded 1st Battalion, The Parachute Regiment from March 1984 to September 1986. Throughout his period of command the Battalion was part of the NATO Allied Command Europe Mobile Force (Land), a role which included three winters spent in Norway on arctic training.


For just over two years, until the end of 1988, he was the Senior Directing Staff (Army) at the Joint Service Defence College, Greenwich. Following the Higher Command and Staff Course at Camberley in early 1989, he then spent six months on a Service Fellowship at Cambridge writing a paper on the future of the British Army.


He moved back to Northern Ireland in late 1989 to command 39 Infantry Brigade for two and a half years. 1992 and 1993 were spent in the Ministry of Defence as Director General Personnel Services (Army). He commanded the 3rd (United Kingdom) Division from March 1994 to July 1996. In August 1995 he was selected to assume command of UNPROFOR in Bosnia at the end of that year; in the event, however, after the success of the Dayton talks, he spent the first half of 1996 in Bosnia commanding IFOR's Multinational Division South West. He assumed the appointment of Commander ACE Rapid Reaction Corps in the rank of Lieutenant General in February 1997, following a brief assignment as Director General Development and Doctrine.


He deployed with ARRC HQ as Commander Kosovo Force to Macedonia in March 1999 and subsequently commanded Kosovo Force in Pristina from June to October 1999. He assumed the appointment of Commander in Chief Land Command on 1 March 2000. He assumed the appointment of Chief of the General Staff on 1 February, and left office on 29 August 2006.




General Sir Mike Jackson was awarded the MBE in 1979, the CBE in 1992, the CB in 1996, the KCB in 1998, the DSO in 1999 and the GCB in 2004.




AIM Rules disclosures:




General Sir Mike Jackson is currently a director of Saddleback Corporation Limited and, in the past five years, has been a director of Silk Route Resources Limited, The Risk Advisory Group (Holdings) plc and Benchmark Search Group Ltd.


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

END


BOASEWFWWSUSEFD

[joey_the_lips] 17/3/2009 15:51

This is looking good. Mostly sells but they are all being soaked up by the MMs and at rising bid prices. Bid quoted at 1.5p but actual sells going through at 1.6p. To me that looks like there are some buys waiting to be filled. If this carries on we will soon by above 2.0p and punters will start piling in. I need 2.0p to break even but having held for several years will hold on for at least 100% profit. 4.0p? Bring it on!

[ted32] 17/3/2009 12:32

eugene

Because sgd is building a very firm foundation and from here it can only go upwards.

Sorry about the ramping.

[eugene1234] 17/3/2009 10:35

I wonder why these fools and myself are buying?????

[only1buster] 17/3/2009 09:10

the £1million loan from mark higgins is repayable either in cash or in shares at a price of 1p each which if exercised in shares together with the recent placing will cause significant dilution to excisting holders - at this rate it will be a long wait for the shares to regain the dizzy hights of 4p !

[ted32] 16/3/2009 15:12

Perhaps the directors were in on the placing at 1p

[substp] 16/3/2009 14:28

who cares ?

[eugene1234] 16/3/2009 14:27

might we have directors buying?