Member Info for KingHomerJ

Trading update statement
Trading since 1 April 2020
› Revenue for 5 months to 31 August 2020 ahead of last year
› All overseas offices revenues ahead of last year with improving gross margin and contributing to the Group
› Covid-19 has limited UK revenues, particularly in aviation, real estate and corporate sectors but shipping and dispute resolution have more stable levels of activity
› Reduction of overheads and other expenditure continues including modest redundancy programme in the wake of Covid-19
› Further operational efficiencies yet to be achieved from rolling out new practice management system beyond the UK
› Net debt position improved since 31 March although collections continue to be slow particularly in Greater China
› On track to achieve board’s expectations at the time the accounts were signed
› Well positioned for when normal trading conditions resume

INCE remains on track to achieve the BoD expectations. Solid trading
along with a continuing focus on cash and costs has positioned the Group well for future market recovery. Revs gr. in all overseas offices and better margins. Solid cash position £5m. Continues to anticipate cash balances improving from Q4. INCE is performing robustly with a focus on managing the cost base to be well positioned as markets normalise.

COST SAVINGS

Looks on track to beat last year with huge revenue savings

Welcome on board Hellas.

You knowledge of the sector is welcome.

Should be a great meeting Wednesday after some mega good results.

Also an update on Precision Dosing APP

Any whiff of this helping COVID research in the results this blasts past 52 week highs

Dividends Monday in announcement in investors presentation hopefully

Massive Upside here

BRH & Sheffield Uni

From Sheffield Uni Website Posted 8th September

Volunteers to help with UK Covid testing capability
The Government is looking for qualified individuals who can help scale up the UK's Covid-19 testing capability as we head into winter.
We have been approached by the UK Government, via the Medical Schools Council, for volunteers to help increase the UK's Covid-19 testing capability over the next 6-12 months. We have already contributed our people, expertise and equipment as part of the national and global effort and are keen to continue providing support where we can.

Do people actually know PYC have a Revenue share of Val 201???

Timelines from proof of concept to manufacturing can be as little as 4/6 weeks with approval with distribution 8 weeks.

This could absolutely be the solution to a back to norm 5 minute test

In comparison

Knights Group
82 Million Shares in Issue
Share Price 481.00
Last Accounts
Revenue £74.30 Million
PBT £13 Million
Cancelled Divi (Previous Year) 1.87pps
Debt £15.9 Million

Keys plc

31 Million Shares in Issue
Share Price 475.00
Last Accounts
Revenue £49 Million
PBT £5.2million
Divi Reinstated @ 6.6pps

Ince Group PLC #INCE
£15 Million MC
69 Million Shares in Issue
£98.5 Million Revenue Last Period
£26.2 Million Profit
£8 Profit B.T
SP 23.30
16% Company Owned by CEO
7% Ahead of Pre COVID Budget
Interims Due October
30% Reduction of COS from Last Year
SP £1.30 Jan 2020

They stated in there presentation they would look at it as they believe it is important

Buying into last 30 mins NICE should move now sellers are gone

Definitely on route to its rerate this is gonna move very very fast

69mil shares in issue only

Ince Gordon Dadds has gained a contentious partner with more than 25 years’ experience across Chinese, Hong Kong and international firms. Bonita Chan has arrived as partner at Ince Gordon Dadds in Hong Kong, adding notable strength to its litigation and disputes practice. A bulwark of her work is high stakes, cross-border litigation arising from securities, shareholder actions and banking agreements, as well as directors’ duties and white-collar matters. Chan is an experienced adviser on contentious regulatory work, including investigations by the Hong Kong Securities & Futures Commission and allegations of corporate financial misstatement. She has previously acted on international arbitration under the rules of the Hong Kong International Arbitration Centre (HKIAC) and the London Court of International Arbitration (LCIA).

Listed legal and professional services business The Ince Group has increased turnover by 87 per cent and upped profits in a robust set of full-year results.
In the year to 31 March 2020, the group's turnover increased from £52.6m to £98.5m, while operating profit climbed by 72 per cent to £26.2m.
Adjusted profit before taxation rose to £8m from £5.9m.
The results mean Ince has achieved compound revenue growth of almost 60 per cent per annum since listing in 2017, through acquisitions and organic growth.
The firm now operates from eight jurisdictions across the UK, EMEA and Asia
Adrian Biles, group chief executive, said: "I first want to thank my colleagues around the world without whom this year's strong performance could not have been achieved. Their fortitude, hard work and flexibility during this challenging time has been remarkable.
"We can justifiably claim that this has been a year of great progress. While we narrowly missed our £100m revenue target, the fact that these results were achieved despite the disruption caused by Covid-19 shows the quality of the business we are building.
"This is the first announcement to include the whole of Ince for a full year. The power of the Ince brand continues to win clients and attract talent."

MM playing games i believe as the 63K buy yesterday didn't move the share price at all

Currently Back to pre covid levels across the group
7% up on Last year Q1 Q1&Q2 last year was 125% up on 2018 at £45.30 Million
So already ahead of last year, with 30% costs already reduced this financial year ask explain in presentation. (due to redundancy and office moves from strand – Costs in last year’s financials)
30% COS saving Vs Revenue in This financial year
ALL overseas offices cash generating
Adrian Biles Owns 16% of the Company
Interims due in October
New Senior Partner Announced for HK last week
In comparison Knights Group Vs Ince Group PLC

Knights Group

82 Million Shares in Issue

Share Price 420.00

Last Accounts

Revenue £74.30 Million

PBT £13 Million

Cancelled Divi (Previous Year) 1.87pps

Debt £15.9 Million

Ince Group PLC
£16 Million MC
69 Million Shares in Issue
£98.5 Million Revenue Last Period
£26.2 Million Profit
£8 Profit B.T
SP 23.30
Divi Cancelled (Previous Year) 5pps

With 30% Costs already rescued

Max, The company confirmed they were back to pre covid levels last Wednesday ?

They also confirmed Asia was ahead of expectations in terms of revenue and all overseas offices were cash generating.

And 7% up on last years Q1