The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Being sold to Adecco at 365p. They have been losing quite a few experienced and more senior staff lately, so maybe not a well kept secret, who knows? I don't imagine the high calibre consultant element of the staff would want to be branded with Adecco, but for the junior staff in the volume recruitment business, which is where they have been making their money I guess it spells more opportunity, if that is the kind of co you want to build a career with.
share tipped....http://www.dailymail.co.uk/money/investing/article-3435238/MIDAS-SHARE-TIPS-Penna-Consulting-s-march-helps-hire-fire.html
Penna Consulting plc using EPIC/TICKER code LON:PNA has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘BUY’ this morning by analysts at finnCap. Penna Consulting plc are listed in the Industrials sector within AIM. finnCap have set a target price of 390 GBX on its stock. This now indicates the analyst believes there is a possible upside of 19.8% from today’s opening price of 325.5 GBX. Over the last 30 and 90 trading days the company share price has increased 39.925 points and increased 109.5 points respectively.
Lol...no need don't you think? very happy,steady as she goes. I'll leave the ramping to the pump and dump crew, on all those other "Golden oily shares" ;)
...perhaps you should try ramping it a bit?
What a steady company and investment..love it
The recruitment arm of the business, which has been a big driver of growth in the past two years, has lost a number of it's big players over the last six months and doesn't seem to be doing to well at replacing them IMHO.
Another good week :)
All good news, upwards and onwards :)
http://tinyurl.com/nnq8s2b Gervais Williams, veteran fund manager and small-cap stock specialist at Miton Group (LON:MGR) explains why he still believes the UK’s AIM market offers the best growth prospects for long-term investors. FTSE 100 companies and other large cap players around the globe which thrived during the credit boom have struggled since and will continue to do so, he reckons. Meanwhile, Williams claims the best opportunities are to be found in smaller, cash generative firms with a progressive dividend policy. This week Miton Group took a 3.35% stake in the palm oil specialist DekelOil (LON:DKL). Williams also favours HR specialist Penna Consulting (LON:PNA).
Anyone know why the spread is so crazily high??
looks fine...fairly richly priced..don't like "people" businesses like banks, consultancies cos the insides tend to prosper at the expense of dumb money
looks decent for ~£45M mcap and good quality of earnings good report in iii too
Some trades
Theres a rumour about that Penna are considering an offer for Savg? is there any substance to the rumours??
Penna Consulting (PNA) Director name: Mr Graham Paton Amount purchased: 20,000 @ 88.30p Value: £17,660
Penna Consulting (PNA) swung to a pre-tax loss for the full-year, hit by a drop in demand, and said it was planning ahead with caution. The international human resources consulting group announced a pre-tax loss of 4.2 million pounds for the 12-months ended 31st March 2011, which compares to a profit of 3.6 million pounds a year earlier, as revenue fell 26% to 80 million pounds. A final dividend of 1p per share was recommended, giving a total dividend for the full year of 4p, down from 7p a year earlier. The shares dropped 17.5p to 100p.
Commenting on the results and outlook, Stephen Rowlinson, Chairman, said: "Following the important changes in our organisation and cost structure we are confident that the company will remain profitable even if the current low level of demand continues in 2011/12. We are not expecting significant growth for our recruitment services during the coming year but the prospects for Human Resource Consulting and, in particular our outplacement services, are more encouraging. We are seeing a steadily rising trend in demand from the public sector for outplacement and we are clearly well positioned as the market leader in the UK for these services. We have won a majority of the contracts tendered by central and local government bodies to handle their downsizing programmes but it has proved difficult to forecast the rate at which these projects will be implemented and we are therefore planning with caution."
OPERATIONAL HIGHLIGHTS · New streamlined organisation under two divisions, Human Resource Consulting and Recruitment Solutions · Appointment of a new Managing Director for the Recruitment Solutions service group · Headcount reduced by 132 (27%) from 497 to 365 · Space costs reduced by £0.9m (18%) · Growing pipeline of public sector revenues for outplacement and related restructuring services · Continuing low level of demand for recruitment services in the UK
7 June 2011 Penna Consulting Plc (PNA:AIM), the international human resources consulting group, today announces its preliminary unaudited results for the year ended 31 March 2011. FINANCIAL HIGHLIGHTS · Revenue £80.2m (2010: £108.5m) · Net revenues £40.4m (2010: £50.9m) · Pre tax profits before non-recurring exceptional items £0.3m (2010: £7.3m) · Pre tax loss post non-recurring exceptional items £4.2m (2010: profit £3.6m) · Cash at year end £3.4m (31 March 2010: £5.3m) · Final dividend 1p (2010: 4p); total dividend for the year 4p (2010: 7p) · Diluted earnings per share (before non-recurring exceptional items) 0.95p (2010: 19.3p)
http://investegate.co.uk/Article.aspx?id=201106070700119601H
Outplacement specialist and recruiter Penna Consulting has slumped to a four-month low after warning that profits for the year to March will be "materially lower" than market expectations.
Date: Tuesday 15 Jun 2010 LONDON (ShareCast) - New World Resources non-executive director Barry Rourke has sold shares in the European coal miner less than one month after acquiring shares at a higher price. Rourke sold 30,000 A shares at 736.8p a share, which leaves him with 55,843 A shares. The sale raised £221,000. On 21 May, Rourke acquired 20,693 A shares at 835.1p each via an employee share scheme. Rourke has been a director of NWR since November 2007. NWR was incorporated in the Netherlands in 2005 and listed in London, Warsaw and Prague in 2008. The focus of the business is coal mines in the north east of the Czech Republic, which were privatised in the early 1990s. NWR is the second largest private employer in the Czech Republic. NWR is expanding into Poland, Ukraine and other parts of central and eastern Europe. Revenues grew 37% to €329m in the first quarter of 2010. However, a high interest charge meant that the reported loss increased from €50,000 to €13.5m. Coal markets are recovering with demand from the steel sector improving.
Penna Consulting is in the support services sector and is currently trading at 110.00p per share. In the last year Penna Consulting's share price has ranged from 105.00p to 295.00p and brokers are currently rating this stock as 'buy'.