Share Name Share Symbol Market Type Share ISIN Share Description
Security Res. LSE:SRG London Ordinary Share GB00B0WHXB01 ORD 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 42.50p 0.00p 0.00p - - - 0 06:30:09
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 9.1 1.7 7.9 5.4 8.26

Security Res. Share Discussion Threads

Showing 1426 to 1450 of 1450 messages
Chat Pages: 58  57  56  55  54  53  52  51  50  49  48  47  Older
DateSubjectAuthorDiscuss
17/7/2017
11:32
In the notes to the accounts, note 11 should be taken note of. Remaining disposals should take place within the next 12 months and will include the energy division, the financial division and the packaging side wrapped up in new securities called the Rochdale Development Company. The bottom line is that we finally get closure, albeit a few months later but the bulk of the capital should be released fairly quickly followed by something smaller a little later.
fido
17/7/2017
11:26
Yes very good and packaging revenues of 1.6 mm with 266k profit.
battlebus2
17/7/2017
11:16
Final results are good. hTTp://www.srgroupplc.com/documents/2017%20Security%20Research%20AR.pdf Meeting today at 11am Cash increased from £5,698,652 to £7,330,585
fido
23/6/2017
09:18
battlebus2, Almost true. We will be left with shares in a packaging company. This in my opinion would have been an easy bolt on to a larger concern and yet after three years it remains unsold. I would rather they sell it and divide the cash than being left holding shares in a company that will not be tradeable on any market. Sell it and be done with it, they have had three years for christs sake.
fido
23/6/2017
09:02
Yes but at least we got there in the end, or will get there I should say.
battlebus2
23/6/2017
08:55
"David Brown, CEO of PIE commented on the merger, “PSG are a great fit for our business; they share our ethos, passion and dedication to empower law firms and help them grow within the market place. We have always looked at PSG as the market leader in terms of quality search delivery, customer support, local knowledge and presence. We are really looking forward to the many opportunities and benefits this merger will bring to all of our clients. It’s very exciting.” If that`s the case then why did it take three years to sell the business? hTTps://www.psgconnect.co.uk/news/psg-and-pie-merge/
fido
17/6/2017
20:10
hTTps://www.begbies-traynorgroup.com/closure-options/voluntary-liquidation/members-voluntary-liquidation-mvl
fido
17/6/2017
12:52
Process moving ahead quickly, Received a letter from Begbies Traynor who have been appointed to deal with the MVL. AGM notes etc for the AGM on 17th July at Begbies offices 40 Bank Street London. Remaining co to be named SRG Realisations.
battlebus2
12/6/2017
10:51
It is not the sale of PSG that needs approval but the distribution of cash. From the company announcement: " This will require a resolution of SRG shareholders to proceed with the distribution of cash"
fido
12/6/2017
10:28
This is what you want, PSG Connect, methinks. https://beta.companieshouse.gov.uk/company/03674092/filing-history
eezymunny
12/6/2017
10:23
PSG solutions was struck off Aug 2016, that was the predecessor company. Security Research Group is still obviously live and kicking and I expect there will be a reasonable wait still for the 60p, but at least we know it is coming.
erstwhile2
12/6/2017
10:23
Great. You are more on top of this than me!
meijiman
12/6/2017
09:47
If the deal is complete the answer is no, no!?
eezymunny
12/6/2017
09:43
Hope you are right. Does it require a GM to approve?
meijiman
12/6/2017
09:31
Disagree meijiman. The deal I guess is complete (looking at PSG on companies house, all dirs resigned, accounts filed etc). I expect a payment quite soon. We shall see...
eezymunny
12/6/2017
08:57
Think it will be a few months to wait. I note the company announcement has nothing in it about dates/timelines. Still welcome news.
meijiman
11/6/2017
22:49
Thanks cfro, first time I have held a stock that has delisted, I know battlebus has held a number of times with good results. So relieved that after such a long wait it has turned out well, which gives useful knowledge in case I am in a similar situation again. Nominee account for me.
interceptor2
11/6/2017
18:14
Both CFRO, certificates means the cheque should arrive on the doorstep but holding in nominee should be credited to that account.
battlebus2
11/6/2017
17:38
I keep a passing interest here and see the recent news. Congrats to all holders here who had the patience to see this through. Was wondering how any of you hold the shares. Do you hold in certificated form or would your broker still let you hold them in account?
cfro
10/6/2017
11:51
I think 60p, then a very small one (1-2p? in a few months, as they will presumably only retain enough cash to pay for administrator etc, and a keep bit of buffer to be distributed by administrator if any left over) then we'll own M&B shares which may end up returning 5-10p (maybe a long time in the future, if ever!)
eezymunny
10/6/2017
10:22
I try to judge would the return have been better if they had stayed on the market and SRG is the only one I'm doubtful on so not sure of the benefit especially now given the bull run. Then again I'm not complaining as I'm expecting to double my money here and the bank wouldn't do that in twenty. Interceptor I would expect a long wait but 7p is possible.
battlebus2
10/6/2017
09:59
Same here bb - but you have to be very careful. I don't think I've ever been done over by a delist but I'd deffo stick with UK stuff, and only when the reason is a wind-up. Holding shares in a delisted Malaysian (?) company sounds pretty scary. I own quite a few SRG. Trimmed a few b4 delist but kept the bulk. But it's all very uncomfortable, and it has been a long wait here - I really think they need to make it much harder to de-list. There are cases when it's obviously the right thing to do but plenty where it's not. In this case SRG has probably saved c. £1m by delisting, so Harry Hindsight says great!
eezymunny
10/6/2017
09:56
Last year after the final payment received for Audiotel, SRG had 32p a share in cash, so a return of 60p per share would indicate they achieved a higher price than 28p per share for PSG. PSG was their successful high margin business, as the main beneficiaries are the directors and institutional shareholders, I would hope that they have achieved a good price for this business. "It is intended that a final, substantially smaller, cash distribution will be made at a later date" I wonder what substantially smaller than 60p will be, 5p to 10p?
interceptor2
10/6/2017
09:49
Nice one eezy, I've been very fortunate with stocks that have delisted so far all of them have produced great returns. Only downside is the wait and you can't need the funds as selling isn't an option. I'm looking at Fusionex but I'm undecided as it's not UK based. DYOR etc
battlebus2
10/6/2017
09:22
Moore & Buckle at 31/3/16 had c. £1.2m book value, almost all net current assets, so might well be worth 6-10p/sh. Or nothing. Time will tell but we've got used to being patient. I'll be landed with a nasty capital gains tax bill. Not often I'm happy about tax bills :)
eezymunny
Chat Pages: 58  57  56  55  54  53  52  51  50  49  48  47  Older
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