Member Info for ROSH2009

This should tick higher over the next few months, all depends on markets, if they finally start pushing higher, and we wait for more news from MSS, as they said they can now win more business/contracts.

Sale of the Division leaves the Group in a much stronger financial position which will be important for further business wins and customer service levels.

http://online.wsj.com/article/BT-CO-20110826-703548.html

Thanks, at least these are not moving on a dead cat bounce, they are moving on some serious news. they have cash now to win more contracts, please correct me if i am wrong.

Will we see a rally on these in late afternoon into close?

Had a visit to the post office, risked it, came back, and it even higher, yepeeee.

Not sure what going on, my system has hidden my buying button, They want me to buy no more.

what does FOK stand for?

Around 1.92p

Only 5.00% compared to 30% only 30 mins ago.

Unless, that figure comes from a broker.

Please, please, lets not start that game.

I think they brought at 6.5p last year. 2010

Are you sure, cant see anything above on director buys for 2011.

At what Price?

FOR IMMEDIATE RELEASE 26 August 2011 Managed Support Services plc ("MSS" or the "Group") Sale of Compliance Division The Board of MSS is pleased to announce it has today completed the sale of the Group's Compliance Division for an agreed gross consideration payable at completion of GBP3.85 million. The Group expects to receive net cash of GBP3 million following adjustments for working capital and the settlement of inter group balances. The Division has been sold to Capita Symonds, a trading division of The Capita Group Plc. The services offered by the Compliance Division were the consultancy based provision of Health & Safety advice and the provision of Water Treatment monitoring and legislative compliance with water related legislation. The core of the Division was the Health & Safety unit, with the Water Treatment unit being a start up operation, which commenced in late 2010. The Health & Safety unit on a stand alone basis reported an adjusted operating profit of approximately GBP670,000 for the 12 months to 31 March 2011, on turnover of approximately GBP2.33 million. The Water Treatment business incurred small losses for the initial trading period to 31 March 2011 on turnover of approximately GBP400,000, but is now profitable. The disposal has been undertaken by way of a business and assets transfer. Net assets of the relevant businesses as at completion were approximately a negative balance of GBP300,000, prior to consideration related adjustments to working capital. The Division had a headcount of approximately 30 staff, representing some 10 per cent. of the Group's total headcount prior to disposal. The turnover of the Compliance Division was expected to represent approximately 10-12 per cent. of the Group's current year turnover. The proceeds of the disposal will be used to fund the continued development of the Group's much larger Building Services division. The Board undertook the disposal because the Group is not of sufficient scale to fund the development of two divisions by acquisition and has therefore elected to concentrate the Group's management and financial resources on the growth of the Building Services division. The sale of the Division leaves the Group in a much stronger financial position which will be important for further business wins and customer service levels. Commenting on the disposal, Simon Beart the Chief Executive said "This disposal simplifies the Group and strengthens the balance sheet, both of which we believe will help us in further new business gains."

Anybody here who brought these at £1.50 five years ago, shocking.

Looking good, so far.

1.61

Thanks, I SOU at a decent profit, and got in here early, also holding on to some american shares, today could be interesting with Ben B. speech.