OmniChart

EMR charlie51 17 Sep 2015

Re: H1 It's a body representing 3000 plus member PIs aiming at looking after their interests through lobbying brokers, institutions and just about anyone who might listen to them. Well intentioned and some bright people are there. Look at sharesoc.orgSorry for slow reply - been distracted of late.C51

RRL jl 17 Sep 2015

Add bricket and Wehatespammers to the idiot list. Very unfunny trolls

PFL gamesinvestor 17 Sep 2015

Future Divi So if 40% has been axed of the interim, taking it down to 2.6p, is it safe to assume a similar cut from the final of 6p takes it down to 3.6p.Quick calculation gets 6.2p or approx 5.2% yield based on a share price of 119 as I type.Games

PFL gamesinvestor 17 Sep 2015

Lol!! You couldn't make this up :-"As part of its strategic review the company said it would now refocus on the “fundamentals of distribution: product, pricing and proposition". So what she is saying is that she forgot what the business was all about, i.e stocking and selling other manufacturers parts to equipment builders on a timely basis in a mix of small and large quantities.How on earth does she still have a job fercryinoutloud.Games

PFL gamesinvestor 17 Sep 2015

Akron """Chairman Val Gooding said Akron was an "excellent business", but did not fit strategically within the portfolio given the group’s refocus on its core distribution activities"Clearly it's so excellent - she wants to sell it. I wonder how she managed to get the job?I can understand closing off the Brazil unit if it's in cost overun and burning cash, but if it's an excellent business it makes profit and therefore can probably grow --??Games -- Still they can use the cash to shore up the main business.

SBLM bhptuner 17 Sep 2015

moving fast on no news....... hmm

PFL Greyinvestor 17 Sep 2015

Re: Results out I couldn't agree more, Harriet Green would have been perfect. In, wham, great sale price, out.......

SRP nk1999 17 Sep 2015

Jefferies From Citywire:"Jefferies relieved to see Serco sell India unit back to BlackstoneJefferies analyst Kean Marden was pleased to hear that outsourcing firm Serco (SPP) had finally sold its business process outsourcing division, even if it was back to the US private equity giant from which it bought the business four years ago.Chief executive Rupert Soames had been trying to offload the India-based operation since last year when he was appointed to turn around Serco and reduce its debts. He has reached an agreement with Blackstone which will buy the business for £250 million ($384 million), less than the $630 million it paid in 2011.Retaining his ‘buy’ recommendation and target price of 157p Marden said: ‘This is in line with our estimates although £15 million transaction costs are slightly higher and a £35 million tax indemnity, which is uncertain and long duration, also reduces net proceeds.’‘Fortunately, UK progress (in exiting BPO activities) has been impressive and our estimate of £30 million exit costs could be £10-20 million too high. The update is positive as the balance sheet has now significantly de-levered and execution risks have subsided,’ he said.Serco shares gained 2.3p yesterday to 105.8p."

EMED phil and leggett 17 Sep 2015

Re: Emed please take note! The current sp trend is proving your reversing thoughts to be in allignment with the stars,as opposed to your optomistic or mystic SP to the stars, middle of the night postings while danceing around a moonbeam...Trust the ACE....

PFL gamesinvestor 17 Sep 2015

Re: Results out Hi Grey,The results are not as bad as the drop in the share price suggests, which is more a reaction to the cut in the dividend which at 40% is harsh and ahead of the fall in the business.Overall the revenue and profit are not a million miles away here and it just needs a management team to sort it out.Harriet Green would have been the perfect fit as she is radical and used to run Macro (now Diploma) so she knows how distribution works. She has gone off to run a division of IBM for some enormous salary no doubt.This is still a sound business and it could be taken out if the share price gets any weaker.Games - I too got caught in this too early enetering at 170

RST nk1999 17 Sep 2015

Telegraph- Questor "Paper profits alright by Restore: Restore reported a sharp jump in profits in the first half of the year, and the shares are an interesting option for long-term investors. The company stores documents, which may sound boring but is highly cash generative and is an extremely stable market. The problem for every professional service firm, from lawyers and accountants to banks, is that everything still relies upon a signed document. Restore owns and operates a 70-acre disused mine in Wiltshire into which all the documents go. Restore charges customers to take the documents away as well as an annual fee to keep them safe. This provides excellent visibility on revenues; and because the cost of storage is low, the cash flow is equally predictable and strong. Restore’s shares have gained almost 90% during the past two years and market consensus is for full-year adjusted pre-tax profits of £16.4 million, from revenues of £91 million. This gives 15.4p in earnings per share. The stock is trading on 17 times forecast earnings. Management underlined their confidence with a 25% increase in the interim dividend to 1p, going ex-dividend on October 14 and payable November 13. Restore at 267p+13.5p. Questor says “HOLD”. "

PFL Greyinvestor 17 Sep 2015

Valuation In my opinion the market is pricing this incorrectly. I think that the company should break itself up and sell out. I put the 'sum of the parts' valuation at a bit north of £1.40. So at todays price, it's a Buy for me. Unfortunately I have as many as I want. Grrr......

EMED investorprotestor 17 Sep 2015

Chile quake sparks supply concerns LME copper at 8-week high after Chile quake sparks supply concerns[link]

BOOM arborman 17 Sep 2015

Re: KPI Very positive rns this morning, surely we are in for a blue day...

PFL Greyinvestor 17 Sep 2015

Results out Half year results out today, and they are not pretty.Revenue up £498m v £479mPBT down £30.6m v £36.4mEPS 5.8p v 6.8p, well downDivi 2.6p v 4.4p, down 40% - terribleFull year profit forecast £73m to £77m, seems high to meAkron Brass up for sale - good, should fetch a good price. Good business but no 'fit' at all.This is a recovery story. Will the City like it or not?These shares were a value trap, and I fell right into it. Post Akron, this company should merge with ECM. Nothing else makes any sense. Get on with it.....and get rid of the Chairwoman, who should have pushed and reacted harder.I'm holding, for now......