Stenprop Share Discussion Threads

[boilerboy] 05/8/2008 09:08

the 52 and 26 trades are mine.

[martin44] 05/8/2008 09:05

Well as we all agreed we would get there and yes another company added giving a base of over 2,700 corp clients this gives great opportunity immediately!

All we now require is continued replication and we know there will be already more in the pipeline......!

[katieprice] 05/8/2008 09:01

I have just got 2 lots and looking to add more. Struggling to get online prices for any sizable amounts

KP

[butch9850] 05/8/2008 08:56

Great news, 3p in a couple of months. 6p in a year from now.

[tara7] 05/8/2008 08:50

We want to show new shareholders why this stock is a cut above the rest. I have been here around a year, buying stock when others were selling,[even though the company was saying it had turned the corner.] The compay has proved it tells the truth, its shares have just started the long ride up towards 50p. day traders will come and go, others look for 10%, I look for 3,000 percent, and over time get it. Very, very, few shares can do this but we have one here. To do so, one needs to come from a very low base, grow profits very fast, pay little or no tax, and in the end stages have the city eating out of your hand. PE is going from 6 to 20 short term just wait and see.

[wwc] 05/8/2008 08:43

This will do well without ramping, as the profits will come this year with no tax to pay, forcast will be £2m ish and we should be looking at a share price of 15 times that, which will give us a share price of 6p ish. Not bad!!!

[someuwin] 05/8/2008 08:40

No ramping wanted here!

[wmloto] 05/8/2008 08:39

Call me naive, I am pretty new to trading, but when a share like this imo is going to do well, do you spread the word by dropping hints on other threads, or do you keep it below the radar so to speak.

[tara7] 05/8/2008 08:30

Just 1 MM left on the offer now.

[tara7] 05/8/2008 08:29

Might get a good write up in the Shares mag Thur, or the IC on FRI.

[wwc] 05/8/2008 08:26

The bigest part of the 3m is 1.7m performance related pay, so we know the sellers are going to be working very hard to get there hands on that!

[tara7] 05/8/2008 08:07

Shares long term are going one way, UP,now this deal has been singed broker can get his pen out, meet the board, and put out an upgrade to profits one, two, and three years out. A target share price of 4p is, in my view the next small step.

[someuwin] 05/8/2008 08:06

We should soon get the new broker research note.

[sagem] 05/8/2008 08:01

Will we see the shares price go up today...we certainly should on this news plus their excellent results.....all the news is now out and it could not be better.

[tara7] 05/8/2008 07:53

AND STP have the bank, 100% with them all the way.What a company this is turning out to be, yet none of the papers, press seem to have got hold of the story yet. Profit growth could hit 100% PA [based on four new acquisitions per year.]Todays buy at 3 million adds a third to the size of our company.

[sagem] 05/8/2008 07:51

This is really good news and I hope that the share price reflects this, its good to have a company doing so well in the present economic climate......it gives hope to us all. Good luck.

[someuwin] 05/8/2008 07:50

700 extra corporate customers - so plenty of opportunity for cross selling!

[tara7] 05/8/2008 07:46

Tax losses of 5 Million pounds, just what we want , EPS grows very fast indeed. The board have no intention of paying tax, so many of the telcos have past losses, just keep buying them up.!!!!!!!!

[sagem] 05/8/2008 07:40

WOW This is excellent news another added profitable company, Spiritel seem to have got everything just right, the share price must NOW reflect this potential/growth/profitabilty. I just hope the market makers don't play tricks with this share price.

[someuwin] 05/8/2008 07:30

Looks ike a quality company...

[tara7] 05/8/2008 07:25

Acquisition is expected to be IMMEDIATELY earnings enhancing.!!!!!!!!!!!!!!.

[someuwin] 05/8/2008 07:14

Excellent news...

SPIRITEL PLC

('SpiriTel' or 'the Group')

ACQUISITION OF NETWORK SERVICES RESELLER, ED COMMUNICATIONS LTD

SpiriTel makes sixth acquisition into rapidly expanding SpiriTel Business Division

SpiriTel plc, (AIM:STP), the business communications service provider, is pleased to announce the acquisition of ED Communications Ltd. ('ED'), for a total consideration of up to £3.0 million.

Under the terms of the acquisition, SpiriTel has agreed to pay £0.8 million in cash on completion with £0.5 million of deferred payments payable over a two year period. Performance-related earn-out payments of up to £1.7 million are also payable by September 2009 with the maximum consideration payable being £3.0 million. The acquisition is to be funded by an extension to SpiriTel's debt facility with Clydesdale Bank. In the year ending 31 December 2007, ED reported revenues of £2.1 million, EBITDA of £0.29 million and has tax losses of approximately £5 million.

ED provides a range of network services to over 700 corporate customers. ED's services include: inbound and outbound calls, non geographic numbers, wholesale line rental and broadband.

The purchase of ED is SpiriTel's sixth acquisition in less than two years. SpiriTel intends to swiftly integrate ED into its rapidly expanding Business Division with the addition of minimal incremental overheads. The acquisition is expected to be immediately earnings enhancing. ED will be rebranded within SpiriTel's Business Division and will afford SpiriTel an opportunity to cross sell the Company's extended product portfolio, which includes mobile voice and data, networking and hosted VoIP and WiFi services, into the ED client portfolio.

Commenting on the acquisition, Alastair Mills, Chief Executive of SpiriTel said: 'The ED transaction is another exciting step in our acquisition-led growth strategy. Following a sustained period of organic and acquisition-enhanced growth, SpiriTel has now attained a level of scale that allows us to bolt on acquired companies and swiftly deliver the resulting synergy benefits of cost savings and new sales opportunities. SpiriTel has an excellent track record in effective acquisition integration and we are confident that ED will prove a highly profitable addition to our Business Division.

He added: 'In a rapidly consolidating sector, we will continue to pursue this strategy of making selective, earnings enhancing acquisitions that add scale to our operations, expand our customer base and furnish us with the opportunity of organic growth driven by cross selling.'

Arthur Wingrove, Chief Executive of ED said: 'This is a particularly exciting partnership for ED's customers. SpiriTel is recognised as a leading provider of converged communications to businesses throughout the UK and our customers will benefit from the opportunity to buy an integrated voice and data product set from a highly respected and rapidly growing B2B specialist.'

[dyardley] 03/8/2008 21:59

Interesting key price points................

Price Support Pivot Point Resistance

1.9500 1.6500 1.9000 2.1500

[dyardley] 03/8/2008 21:51

Thought you all may be interested in this chart analysis................ Very Positive indeed!!!