Re: Appalling little company For anyone interested: E-mails received from PMR about DRV: things were done 'as quickly as possible' and 'the reasons [why the rules were ignored] are private'. I will add PMR to my list of 'appalling little companies run for the enrichment and agrandisement of a few toffee-nosed twits' list. PLEASE check if PMR are NOMAD to any of your investments, and confirm you are happy to be there. I would avoid:EKFCOSLRMZZZCOMSEPO in particular.Below is a list of PMR customers: ORCHARD FUNDING Financial Services Jul, 01 2015SPHERE MEDICAL Health Care Equipment & Services Nov, 17 2011B.P MARSH Financial Services Sep, 19 2006LIFELINE SCI Health Care Equipment & Services Jul, 13 2009BLUR GROUP Software & Computer Services Oct, 05 2012CARETECH HLDG Health Care Equipment & Services May, 11 2007CHRISTIE GRP. Support Services Mar, 21 2006WORLD CAREERS Support Services Jun, 02 2000FARON PHARMA Pharmaceuticals & Biotechnology Nov, 17 2015MIDATECH PHARMA Pharmaceuticals & Biotechnology Dec, 08 2014GLOBALWORTH Real Estate Investment & Services Jul, 25 2013ALL LEISURE Travel & Leisure Oct, 01 2007ASIAN GRWTH Real Estate Investment & Services Oct, 05 2006BORDERS & STH. Oil & Gas Producers Sep, 22 2008CAMELLIA Food Producers Jul, 08 2005ALPHA REAL Real Estate Investment & Services Dec, 21 2006LUDGATE Equity Investment Instruments Aug, 02 2007CHAMBERLIN Industrial Engineering Mar, 20 2007SPITFIRE OIL Oil & Gas Producers Jul, 18 2007GEAR4MUSIC Leisure Goods Jun, 03 2015DIGITAL GLOBE Media Feb, 14 2013HUTCHISON CHINA Pharmaceuticals & Biotechnology Mar, 21 2007ANIMALCARE GRP Pharmaceuticals & Biotechnology Jan, 15 2008AVANTI CAP. Equity Investment Instruments Mar, 24 2005STATPRO Software & Computer Services Mar, 25 2004DIAMONDCORP Mining Feb, 01 2007VENTURE LIFE Food Producers Mar, 28 2014W.H.IRELAND Financial Services Jul, 27 2000GRIFFIN MINING Mining Jun, 02 2000PANMURE GORDON Financial Services May, 23 2013REVOLYMER Chemicals Jul, 10 2012SNOOZEBOX Travel & Leisure May, 01 2012PRIVATE&COMM. Financial Services Jun, 02 2000RAB SPE Equity Investment Instruments Jul, 31 2006TUNGSTEN CORP Financial Services Oct, 16 2013YOUNG & CO 'A' Travel & Leisure Feb, 25 2008YOUNG & CO N/V Travel & Leisure Feb, 25 2008ELECTRIC WORD Media Sep, 25 2003SANDERSON GRP Software & Computer Services Mar, 22 2006QATAR Equity Investment Instruments Jul, 31 2007EARTHPORT Software & Computer Services Mar, 13 2007FALANX Support Services Jun, 20 2013ESCHER GRP Software & Computer Services Aug, 08 2011NETDIMENSIONS Software & Computer Services May, 02 2007ALLERGY THERA. Pharmaceuticals & Biotechnology Oct, 11 2004AMPHION Financial Services Mar, 20 2007PREMAITHA Software & Computer Services Jul, 04 2014BRIGHTON PIER Travel & Leisure Nov, 28 2013CHARACTER GRP. Leisure Goods Dec, 30 2005COMS Software & Computer Services Aug, 22 2008STH.AFRICA.PROP Real Estate Investment & Services Oct, 26 2006PARKMEAD Oil & Gas Producers Dec, 17 2013PORTMEIRION Household Goods & Home Construction Dec, 23 2004CENTRAL RAND Mining Jun, 10 2013EUROPEAN W. Financial Services May, 07 2014GLI FINANCE Equity Investment Instruments Mar, 21 2007SCANCELL HLDGS Pharmaceuticals & Biotechnology Jul, 26 2011BILBY Support Services Mar, 06 2015DRAGON-UKR. Real Estate Investment & Services Jun, 01 2007CLUFF NATURAL Financial Services May, 22 2012DOLPHIN CAPITAL Real Estate Investment & Services Dec, 08 2005DRIVER GRP Support Services Jun, 20 2006FILTRONIC Technology Hardware & Equipment Jul, 08 2005IMMUPHARMA Pharmaceuticals & Biotechnology Mar, 17 2009INDEP. RES. Oil & Gas Producers Mar, 21 2007INTERQUEST Support Services Mar, 22 2006MOLINS Industrial Engineering Dec, 20 2005ONE MEDIA Media Apr, 18 2013ARGO GROUP Finan
Re: Appalling little company And now that director has resigned 'with immediate effect'. Truly appalling!
Appalling little company 26 Feb - Director sells 100k shares at 70p, but does not report it.10 May - Profit warning at 0833, rather than 0700, and just two weeks before results.24 May - Results show profit warning was underplaying actual situation.31 May - Director sale is reported, THREE MONTHS after the fact. Share price now 45p.What a surprise that the Chairman is a former Tory cabinet minster! Very poor management here, methinks.
NEW ARTICLE: Trends and Targets for 24/06/2015 " DRIVER GROUP (LSERV) is our next subject from the FTSE Support Service sector. Recent share price movements are giving some hope this is due an upward drift as it has achieved 49p twice which crucially was above our drop target of 47p. ..."[link]
Re: Opportunity? But probably not with the current 12% spread!!! Crazy!!!
Opportunity? The price here fell in February in the wake of a profit warning. The statement noted some delayed income and the expenses associated with expansion and rationalisation. The price has drifted down since and is near a two year low. However the figures here now look quite goodER = 6PEG = 13.4% possible yieldNo real debtThere have been recent director and institutional purchases.The company has developed into a much wider consultancy business than it once was, and is also expanding its geographic reach.Any opinions please?
QARP i like Drv -quality at a reasonable price .Expected eps 11.3p for 9/15 puts them on less than 10x even though sales & profits are growing .Im buying before others wake up to it .