Lupo di mare
26 Apr 2018
Update Basically a profit warning, but well explained and back to normal next year - hopefully.Thing is that they say that without the delayed contract, Corporate would not have been making any progress despite an increase in corporate clients. So that's a tad worrying.Consumer doing well.Do I sell? I'm holding, mainly because I've taken a load of profits here over the many years that I've held them, and now my holding is much smaller and not terribly significant, and I'd say that Corporate still has a future.But each to their own.
winningstreak
23 Jan 2018
Re: Question Seeing your question just now, the answer is that MM's widentheir margin according to the risk they see/feel.I sold a little while ago, bought LPA instead, looking good theretoday.Cheers,ws
patehan
11 Dec 2017
Question Bought this stock some time ago for long term. Doing ok, however, it appears that the market makers are milking it regarding buy and sell values. A big 4 point differential .................... WHY?
Lupo di mare
28 Nov 2017
Re: Interims / Cash Balances Usual situation, winning. The company is debt-free - at the year-end, anyhow. Having said that, personally I might sell some because I want to buy some LLOY where the divi should be better next year. I'd be selling some I bought at 15.5p.
winningstreak
28 Nov 2017
Re: Interims / Cash Balances The Company states 'Cash Balances peaked at £229m' which atfirst glance looks very good indeed. But how meaningful are the exciting high 'cash balances' when combined with Trade Receivablestheir figure is exceeded by the combined £-amount for Trade Payables and Taxes due? Any opinions please?ws
Caddie
28 Nov 2017
Re: Interims Business insider:Merseyside-based Park Group, the gift voucher and prepaid gift card business, is predicting the Christmas season will project it into profit.The Birkenhead company traditionally makes a first-half loss ahead of the festive period and interim results for the six months to September 30 have continued that trend with a pre-tax minus of £1.6m compared to £0.8m for the same period in 2016.However, more than £13m of orders have already for placed for Christmas 2018 through the company’s mobile app, prompting the listed firm to forecast a bright future.Some 31 client businesses are also using its Love2shop Worldwide offering to incentivise and reward their staff and customers across a number of different countries including the UK, Ireland, Italy, India, Australia and USA.Non-executive chairman Laura Carstensen said: “The performance of the first half is being maintained across our corporate and consumer businesses, with trading continuing in line with the board’s expectations.“Our operations are expanding as we capitalise on the opportunities generated by ongoing enhancement of our product ranges, enabling us to grow our customer base, while also reaching new markets and territories.”Chief executive Chris Houghton highlighted the £13m of advance orders for Christmas 2018, placed by about 40,000 of the company’s customers.He told TheBusinessDesk, the much-much-talked-about squeeze on incomes across the UK was not affecting the company adversely.“We’ve always been pretty recession resilient,” he said; “Our average orders have grown more than inflation and we always tend to do reasonably well through tight periods.”He said the half-year figures had been affected by customer requests for early dispatches of goods, which means Park has to buy them earlier.
Lupo di mare
28 Nov 2017
Re: Interims That seemed ok. Loss increased, but that's explained. Revenue increase greater than previous Interims. Can't see anything to worry me.
Lupo di mare
27 Nov 2017
Interims tomorrow, boys and girls.
Lupo di mare
15 Nov 2017
Call me Ian On the face of it, a good appointment - until you start looking at MBNA's history. I just hope that (Mr) John (call me Ian) O'Doherty doesn't bring any dodgy practices to Park Group; if he does, small shareholders, at least, will sell."MBNA was one of the companies mentioned on a 2004 Frontline WGBH Boston PBS special about unfair business practices by credit card companies. Some practices that Frontline claimed MBNA has engaged in included doubling or tripling of interest rates, shifting billing due dates/payment cycles monthly and raising rates for customers whose payments were a day or two late. MBNA has been found to be one of the leading implementors of rate-jacking.In Ireland, MBNA was accused of calling consumers up to eight times a day who were behind in making payments, which prompted the state debt advisory service to publicly state that harassment is outlawed. Affected people were advised to complain to the relevant authorities. The company in December 2009 admitted overcharging 500,000 Irish consumers up to €18 million.In the UK, MBNA has come under fire for its interpretation of rules under which credit card providers must allocate payments to the debt with the highest interest rate first: one consumer site called MBNA's interpretation of these rules a "disingenuous money-making tactic""YOU ARE BEING WATCHED.
leperky
05 Oct 2017
Blackrock Hi can anyone more knowledgeable explain how Blackrock holding has gone from 6.39 to 10% (equivalent to around 6.6M shares) when no trading volumes anywhere near that are shown? Ta
Lupo di mare
29 Sep 2017
Interest rates A rise would benefit PKG.
Lupo di mare
21 Sep 2017
Re: Steady as she goes Good timing, winner, a day ahead of an upbeat AGM statement. I've held these for 10 years, and there've been times when I wished that my whole portfolio consisted of PKG :/, but then you never know what's around the corner.
winningstreak
19 Sep 2017
Steady as she goes I am on the look out for long term steady performerswhich are not on a frothy PE-ratio and which pay a decent dividend. Park Group appears to fit those qualities, I boughtsome today at 79p. for long term hold.ws
Lupo di mare
13 Jun 2017
Results Corporate side continuing to do very well, but Consumer suffered from lower product margins, wharehousing and printer ink! Sounds extraordinary but I recall reading somewhere that there was a shortage of whatever was needed to produce ink. Still, billings ahead.There might have been some nerves over CH leaving, but he'll be here for at least another 12 months. The results were also below expectations.Cash generative, still growing and no PF deficit make this a HOLD for me. Bought them at 19.5 and 15.5p, and I see no reason to bail out.
Lupo di mare
09 Jun 2017
Results due Tuesday I have to enter a message - done.
