Stenprop Share Discussion Threads

[doomsday investments] 06/5/2008 10:27

Cheers - back to the grindstone again for another 90 mins.

[theman4] 06/5/2008 10:25

doomsday 522k all buys.197k premium buy.

[dyardley] 06/5/2008 10:15

it is being re-rated as we speak! No sellers whatsoever!

And there shouldn't be for a while!

[theman4] 06/5/2008 10:14

and a cash balance of 1.1 mill.re-rating coming.imho

[theman4] 06/5/2008 10:13

sorry 2.25mill revenue,s .o.6 mill profits and 1.2 mill assets.

[theman4] 06/5/2008 10:12

has too be re-rated soon 5 acquisitions on my count and last one was revenue enhancing with 1 mill assets and 1 mill revenue.results soon.imho

[someuwin] 06/5/2008 10:10

yes - all looking very positive here.

[theman4] 06/5/2008 10:08

nice tick-up

[theman4] 06/5/2008 10:08

all buys doomsday 325k.buy limits cut too 10k

[doomsday investments] 06/5/2008 10:02

theman4 - I doubt it, only holding 1.3m here at average of 0.99. I was late off the blocks. Stuck at work here so can only log on every hour and a half. What is the buy/sell volume so far today?

[theman4] 06/5/2008 09:59

3v3 buy 20k v sell 375k

[theman4] 06/5/2008 09:41

nice volume

[tara7] 06/5/2008 09:20

Up we go,MM want your shares

[theman4] 06/5/2008 08:30

doomsday you will be catching up with me an dyardley soon.well done.

[doomsday investments] 06/5/2008 08:28

Just bought 100000 online Ok

[theman4] 06/5/2008 08:08

l2 2v1 limits buy 20k v sell 375k

[theman4] 06/5/2008 07:59

new mm joined the party.

[someuwin] 05/5/2008 19:58

The growing list of current vacancies is testament to SpiriTel's growth strategy...

"SpiriTel has been selling telecommunications solutions for over 15 years and has grown to serve a customer base of more than 1,000 businesses throughout the UK, many of which are blue chip companies and household names.
Our success to date can be attributed to one key factor: our people. We recognise that with the right team we are able to meet the current and future needs of our customers and offer the excellent level of service they deserve."

Current Vacancies -

* Sales Executives (IPC Wigan)
* Telemarketing Executives (IPC Wigan & London)
* Business Development Managers (WN1)
* Business Analyst (CRM Administrator)
* Technical Account Manager (London based)

[theman4] 03/5/2008 12:30

agreed sagem re-rating due along with results and doesn,t the market know it.pi,s will pick up on it soon.good luck

[sagem] 03/5/2008 07:04

This acquisition will no doubt be the making of Spiritel and is now one of the best GROWTH stories around...shares need to be re-rated and soon,final results must be due very soon................





Channel News
< SPAN>Business development, mergers, acquisitions and appointments
Spiritel makes fifth acquisition completing the Spiritel Business product set with mobile reseller
April 11, 2008

Spiritel plc, the business communications service provider, has acquired WN1 Ltd. (WN1), for a total consideration of up to £2.02 million.

Under the terms of the acquisition, Spiritel has agreed to pay a total consideration of £2.02 million comprising £1.47 million in cash and performance-related earn-out payments of up to £0.55 million payable by 31 May 2009. The initial cash payment is financed by an increase to Spiritel's senior debt facility with Clydesdale Bank plc and the subscription by the vendors for £0.3 million of unsecured zero coupon loan notes redeemable on 1 May 2009. The vendors of WN1 will also receive a payment, equal to WN1's net cash balance on completion of £1.09 million. As at 28 February 2008, WN1 had net assets of approximately £1 million, including a net cash balance of £1.1 million.

WN1 is a leading accredited reseller of mobile voice, data and Blackberry services, and holds key industry contracts as an O2 Advance Partner, T-Mobile Business Partner and a Blackberry Alliance Member. WN1 targets its operations exclusively towards business clients, which include a number of blue chip companies such as Lufthansa, Servisair and Topps Tiles.

The purchase of WN1 is Spiritel's fifth acquisition in 18 months and adds mobile services to the Company's product set, completing Spiritel's fully integrated voice and data offering which includes VoIP, data networking, telephone systems and ISP services. It is anticipated that the acquisition will be earnings enhancing immediately upon completion. WN1, to be rebranded as Spiritel Mobile, will be relocated to Spiritel's Wigan office in order to deliver operational synergies and cost savings.

Commenting on the acquisition, Alastair Mills, Chief Executive of Spiritel said: "WN1 is a strategic and highly profitable acquisition that allows us to complete our business communications offering by adding mobile voice and data services. WN1 has an impressive track record of revenue and profit growth and the incremental earnings will further enhance our recently reported turnaround in financial performance."
////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
WE JUST NEED THE FINAL RESULTS WHICH MUST BE DUE VERY SOON WHEN I AM SURE A SHARE RE-RATING WILL BE CARRIED OUT.............

Spiritel has progressed immeasurably following our concentrated period of
restructure and refocus and we can now look forward to the full year with
confidence. The new management team has been successful in implementing the new
business model we announced in 2006 and I am delighted that this is now being
reflected so strongly with much improved financial performance. At the time of
writing we are trading ahead of management's expectations and we look forward to
a strong conclusion to the current financial year.


We now have the right platform to continue our dual approach of making selective
earnings enhancing acquisitions alongside the delivery of organic growth through
cross selling. In the coming months we expect our business model to deliver
sustained improvements in profitability and earnings visibility and so ensure
long term enhancement in shareholder value.

[theman4] 02/5/2008 15:53

max buy 20k cut again.l2 2v1

[theman4] 02/5/2008 14:58

they cannot hold this much longer.