Member Info for ParanoiaBlue

"In a pre-close update, electrical products manufacturer and installer 21st Century (C21) reported booming trading for the half-year to 30th June 2009. The firm said sales of its EcoManager product in the UK and its CCTV products in Europe were the biggest contributors to the growth in sales. 21st Century added that it expects post-tax profits to be significantly ahead of expectations. Net debt at the end of the period is expected to come in at 0.7 million pounds, according to the firm. Commenting on the announcement, broker Daniel Stewart said: “We estimate that 21st Century Technology should trade on a conservative adj. 2010 EV/EBITDA of 5x, leading to our 10p target price. The broader support services sector trades on a multiple of 8x. Our adjusted EV figure includes and expected £2.7m to be paid to the company for its Mitcham property.” Shares in the firm raced 1.875p ahead to 7.125p."

"WPP was the day’s worst performer as Citigroup downgraded the UK advertising firm to sell from hold, saying a continuation of the trends in the second quarter would suggest a 7.5% organic sales decline in fiscal 2009 and limited growth in fiscal 2010."

...that Daniel Stewart re-iterates a BUY. Target 10p [sorry if posted already :) ]

..ticking up a trifle too fast, methinks.

As I’ve said, I’ve been here for a while. However I would NOT expect it to rocket. Nevertheless, longer term, there should be a reasonable potential.

Yes it has been one of my sleepers for a few years. I bought in at a higher price than this. However this year, it seems to have perked up, somewhat. Probably due to their change in direction and focus.

I’ve been in this one since TG21 days. They were originally into car entertainment systems. However, more recently, they have been moving into surveillance equipment. This would appear to have been a shrewd move. Their web-site is worth a look. PS I don’t condone the “big brother – 1984 society,” but business is business :)

Thanks. Something has certainly given it a fright. It had been treading water for weeks. You are correct, the anticipation versus the reality is always important.

http://www.marketwatch.com/story/wpp-downgraded-to-sell-at-citigroup

..fallen out. I can't see any basd news?

http://www.alizyme.com/alizyme/media/press/show.jsp?ref=151

No, missed the point, mate – it’s only used by the other shower! "Hair today, long gone tomorrow!" In fact, there wasn't even a wave, good-bye!

I was actually clearing a massive amount of hair out the shower drain-trap, today. Significant? ATB guys :)

In the target-zone – but there are a lot of potential consolidation issues in this sector, right now – so holding out for a while longer, perhaps. ATB

…to see these move into the sixties.

'“While management change is not a major surprise, an external replacement will probably be seen as better news as it should mean that no stone is left unturned, if indeed it hasn’t already been turned!” suggests broker Panmure Gordon, which nevertheless remains a seller of the stock.'

"Wolseley is the best performer as chief executive Chip Hornsby has stepped down with immediate effect to let Ian Meakins take the helm at the building supplies group. Hornsby, who leaves after 27 years at the company, has led the group since August 2006."

...certainly a pleasing update.

Thanks. Yes, these give a few of the recent transactions which are interesting. Often on their web-sites, companies have a list, but AZM would appear not to. Anyway, as I said yesterday, one to watch over the next couple of months. ATB

....about the main shareholders. I can't seem to locate anything on the web-site.