Stenprop Share Discussion Threads

[martin44] 28/5/2009 20:28

A nice little tick up today, maybe more tomorrow.....

[martin44] 26/5/2009 21:04

Noticed that Alastair Mills quoted as saying that there could be some good buying opportunities out there and these maybe realised....hopefully soon for the right ones!

[martin44] 14/5/2009 23:12

More and more Hospitality business, this is what Spirtel are good at and the market is recognising this and more will follow so just be patient the good times are on the way....

[sagem] 14/5/2009 06:25

Spiritel is doing much better than most companies and has achieved a very large contract, the shares are a BUY....the future is great for this little gem of a company, I am certainly NOT selling but buying.EXCELLENT REPORT IN THE PRESENT ECONOMIC CLIMATE


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Major contract win spurs SpiriTel to grow Business Division
Major contract win spurs SpiriTel to grow Business Division
12 May, 2009 - 08:52

SpiriTel has signed a contract to provide network services to one of the world's largest international hotel chains across its UK estate and is providing a trading update for the year ended 30 April 2009.

The Company's Business Division has secured a 30 month contract with a major international hotel chain for the provision of network services across the whole of their UK estate.

This agreement is expected to be worth in excess of £4 million over its term and is SpiriTel's largest customer contract to date. It is representative of SpiriTel's successful strategy of driving organic growth by cross-selling the Company's expanded product range covering fixed, mobile, data and networking services. An important part of the strategy is to increase future earnings visibility and the extended term of the new contract win further contributes to this goal.

Due to declining profitability in SpiriTel's Technologies Division during the second half of the year, as competitive pressure in wholesale markets has intensified, the Board now expects the company's results for the year ended 30 April 2009 to be marginally below expectations.

The Technologies Division provides the company's other division - Business - with the infrastructure support for its direct B2B sales. It also services other third party carrier customers and it is this revenue stream that has come under pressure. The Business Division has performed strongly during the year and has secured a number of notable contract wins.

The Business Division continues to deliver ongoing organic growth, however, competitive pressures experienced by the Technologies Division are continuing to negatively impact the company's overall trading performance.

Alastair Mills, CEO of SpiriTel commented: "This contract win provides further evidence of the Company's record of driving organic growth by cross-selling an expanded product range. In the last year this strategic focus on cross-selling has resulted in total contract wins of over £7 million. The margin pressure in wholesale markets illustrates the rationale behind our strategy to reduce exposure to these volatile markets by growing our Business Division."

[tyranosaurus] 13/5/2009 19:20

Any company that is not marginally below expectations in this chronic climate is doing exceptionally well.

Declining profitablity is only n one division.

[moncrot] 13/5/2009 19:09

whonosewhy, I'm with tyranosaurus.
What profits? They meant that LOSSES will be marginally wider than expected. Hardly unexpected in the current climat, but imho compensated by biggest contract in company's history.

[whonosewhy] 13/5/2009 15:25

tyranosaurus - This planet -

"Due to declining profitability in SpiriTel's Technologies Division during the
second half of the year, as competitive pressure in wholesale markets has
intensified, the Board now expects the Company's results for the year ended 30
April 2009 to be marginally below Board expectations."

I have stated that I have sold and I am not de-ramping but terms like 'declining profitability' and results 'marginally below expectations' concern me and can easily be considered as a warning that profits are not going to be as expected.

[rcktmn] 13/5/2009 07:54

Hope ur right ! past few yrs has seen the share price increase over the summer months...let's hope it's the same this year ! ( and sustained!)

Although I think this is more likely to drop 50% in the short/ med term... this share seems to all hype and share price action... we'll see but I'm getting very cynical about this one !

[sagem] 13/5/2009 06:24

Today and yesterday is the usual dose of buy on the hype and sell on the news, most sellers will have left and taken their profits only to return again............I have done the same a couple of times. GET READY FOR THE HEAVY MOB TO COME IN SNAPPING UP THESE BARGAIN SHARES

[tyranosaurus] 12/5/2009 20:28

Profit warning - what planet are you on.

[neguss3] 12/5/2009 13:03

Feel STP ana PEG are going to be multi bagger this year

[whonosewhy] 12/5/2009 10:42

I agree philmitchell - I've sold mine this morning because I think that there is a veiled profit warning and the profit margins get a mention too.

I may be back - will keep an eye on it good luck to others still holding.

[philmitchell2] 12/5/2009 09:37

profit warning softened with a good contract.

[sagem] 12/5/2009 08:13

SPIRITEL...HUGE GROWTH STOCK AND THEY EXCELLED THEMSELVES ONCE AGAIN.....WELL DONE

[martin44] 12/5/2009 08:10

I think in the current climate and the overall results will be good and this is testified by this update....

[sagem] 12/5/2009 07:08

TRADING STATEMENT AND RESULTS.....NOT LOOKING AS GOOD AS I HOPED FOR ;-


RNS Number : 0662S
Spiritel PLC
12 May 2009




12 May 2009



SPIRITEL PLC

('SpiriTel' or 'the Company')


CONTRACT WIN AND TRADING UPDATE


SpiriTel Plc, (AIM:STP), the business communications service provider, is pleased to announce that it has signed a contract to provide network services to one of the world's largest international hotel chains across its UK estate and is providing a trading update for the year ended 30 April 2009.


Contract win


The Company's Business Division has secured a 30 month contract with a major international hotel chain for the provision of network services across the whole of their UK estate. This agreement is expected to be worth in excess of £4 million over its term and is SpiriTel's largest customer contract to date. It is representative of SpiriTel's successful strategy of driving organic growth by cross-selling the Company's expanded product range covering fixed, mobile, data and networking services. An important part of the strategy is to increase future earnings visibility and the extended term of the new contract win further contributes to this goal.


Trading update


Due to declining profitability in SpiriTel's Technologies Division during the second half of the year, as competitive pressure in wholesale markets has intensified, the Board now expects the Company's results for the year ended 30 April 2009 to be marginally below Board expectations. The Technologies Division provides the Company's other division - Business - with the infrastructure support for its direct B2B sales. It also services other third party carrier customers and it is this revenue stream that has come under pressure. The Business Division has performed strongly during the year and has secured a number of notable contract wins, demonstrating the value of the Company's fully integrated product offering.


Outlook


As the signing of the contract announced today shows, SpiriTel is benefiting from the breadth of its product offering and the ability to successfully cross sell its products. As a result, the Business Division continues to deliver ongoing organic growth. However, competitive pressures experienced by the Technologies Division are continuing to negatively impact the Company's overall trading performance.


Alastair Mills, CEO of SpiriTel commented: 'This contract win provides further evidence of the Company's record of driving organic growth by cross-selling an expanded product range. In the last year this strategic focus on cross-selling has resulted in total contract wins of over £7 million. The margin pressure in wholesale markets illustrates the rationale behind our strategy to reduce exposure to these volatile markets by growing our Business Division.'



For further information please visit www.spiritelplc.com or contact:

[sagem] 07/5/2009 07:24

We need a trading statement pronto

[martin44] 06/5/2009 20:46

Hopefully more to come....

[someuwin] 06/5/2009 15:02

Good bounce.

[sagem] 02/5/2009 06:15

What I cannot understand about Spiritel with all its huge potential is that
the share price closed on the 27th JAN 2009 at 0.009p and on the 30th April 2009 the share price closed at 0.006p....this does not seem like progress to me with such a large drop in percentage terms. ANY ANSWERS PLEASE.

[profiting] 01/5/2009 20:36

Why are some people so negative? Surely you can't be shorting a share at 0.75p although clearly some posters don't like the CEO although I think he is doing a fairly good job.

Been holding for a couple of years and still confident that this will come good in time. I don't see why Penta would invest at the levels they have if they didn't believe the story but we will see.

Hopefully trading statement very shortly.

[martin44] 30/4/2009 22:18

If there was 'bad news' then we would know about it be sure it will be good positive news when it comes....

[corpse2] 30/4/2009 20:56

had a reply from the co regarding lack of news.all that was said they are trading as normal and some riddle regarding the nomad broker.

[martin44] 29/4/2009 16:53

They have a strong backer with Penta and also loan facilaties available for the 'right' purchases....

[1vantheterrible] 29/4/2009 15:24

martin44 - 29 Apr'09 - 14:13 - 2204 of 2204


how are they going to pay for more acquisitions ? shirt buttons or shares ?