Carefully Does It
07 Jul 2017
Nice Just read the release and can see the sense.The footprint is massively expanded and catapults them into the big league.Also good to see support in the capital raising. When a few different individuals and groups are so willing to stump up the money, each having down their own due diligence, its no bad thing.
Muzzletoff
07 Jul 2017
Re: Transformational acquisition news..... A reverse take-over i.e. small company taking over a bigger company, and the CEO of the bigger company, taking over seems quite unusual - or maybe a I am wrong.The story appears to be that the acquiree company has a history of weaker profits, and this is a good way to get access to a capital raising market.Could be messy or could be good. Maybe a good way for the retiring CEO to bow out. Looks like the future acquisition trail will be mainly US based? However the CFO as a veteran of PHD will hopefully make sure shareholder interests are well looked after?!
gretel
07 Jul 2017
Finncap increase target price to 250p Finncap have increased their target price today to 250p (from 235p):[link]
gretel
07 Jul 2017
Transformational acquisition news..... Wow.A huge £102m earnings-enhancing acquisition, with a £70m placing at 165p, so a not unreasonable discount.Note that for PHD "Trading since 1 February 2017 has been in line with the Board's expectations".There's one or two caveats regarding the acquiree's financial performance being rather volatile, and also regarding trading in early 2017.However, this pushes PHD into the top ten global companies of its kind at a stroke.You can't fault the ambition:[link]
Carefully Does It
31 Jan 2017
News out of US - very positive indicator [link]
Carefully Does It
29 Jan 2017
No news Very slow on the news front. Probably just means they are getting on with the job but unusual.Expecting this to start to move forward again.Very quiet on the international front also.
Carefully Does It
10 Nov 2016
Re: Acquisition This has killed a few birds with one stone.1) Acquisition is enhancing. 2) Allows increased institutional ownership, hard to achieve via market purchases.3) Good chance it will kick start the sp4) If Henderson didn't take part it will dilute them anyway - no bad thing.So far I have to admire the vision of the management and execution. Let's hope that can keep it up, I think they can.Noted Directors didn't take part and so saw the dilution.Still think this should be north of 150p at this point and hope Henderson finish selling down.
pendil
10 Nov 2016
Re: Acquisition It's impressive that they can place shares at 135p - a 10p premium to the share price before the announcement. Shows strong institutional support.
Carefully Does It
10 Nov 2016
Acquisition Millstream are well connected to Scotland gvc, Ireland, construction, pub sector in general. Very useful addition.
Carefully Does It
01 Nov 2016
Calm Keep calm and carry on holding.
Carefully Does It
30 Oct 2016
US news I bet there's a lot more than this going on.[link]
Carefully Does It
12 Oct 2016
Growth Published results today - well done.More to come.Well spread.Growth in all areas, what's not to like. Buy and Hold to date and still the same now.
Carefully Does It
26 Sep 2016
Buy zone It's coming along for the patient and if there is a downturn (when) the pressure to use the likes of Proactis will only increase. If inflation takes off (when) the pressure to use the likes of Proactis will only increase.It has further to go.
Carefully Does It
16 Sep 2016
News Some good news flow recently,[link]
Carefully Does It
01 Sep 2016
Very Useful Pulls a few features together for the Public Sector.[link]
