Office2off Share Price (OFF)

Why the sell off today?

Panmure Gordon have suggested that this is a buy and I quote "maintained its "buy" recommendation on office suppliers Office 2 Office* (OFF) with a 120p target price. The broker believes that Office 2 Office should deliver a more consistent pattern of growth from 2013 onwards, with margins aided by increasing levels of spend in higher-margin digital services products. Furthermore, they noted that a number of contract wins have been implemented which should also benefit the current year now that they are up and running". Let up hope that this statement is right and we can look forward to better things.

A good review of the RNS yesterday by **************, probably the reason for the trickle up in sp. Hope the following link works: http://gecr.co.uk/file_download/281/

office2office plc ("o2o" or "the Company"), a leading provider of office supplies and business solutions, is pleased to announce the appointment of Hugh Cawley as Group Finance Director with immediate effect. Hugh, aged 55, is a Fellow of the Institute of Chartered Accountants and has over 25 years' experience in the manufacturing, distribution and service industries including senior financial roles at Procter & Gamble, Imperial Chemical Industries PLC, S Daniels plc and Dawson Holdings PLC, in all of which he has consistently played a key part in driving performance improvements through increased efficiency, restructuring and strategic change. His last executive position was as CFO and CEO of Dawson Holdings PLC, overseeing the reversal of its decline, the growth of its constituent businesses and, in August 2011, the subsequent sale of the group for a significant premium. Commenting on the appointment, Simon Moate, Chief Executive Officer said: "I am delighted to have Hugh join the Company's executive management team. With his strong combination of business services and listed company experienceand record of growing shareholder value, I am confident he will play a key role as we continue the formulation and implementation of our plans for o2o's success."

£336.65k this morning - looks like a buy to me. Hoping to see some movement hear soon

Nothing about the div being chopped, perhaps a good income punt in the mid 90's ??