Sectorguard is a rapidly expanding company (huge increases in turnover, profits and net assets) and despite this the share price has stayed around the 2.75p level. The shares are bound to rise (in my opinion) but when? Does anyone have any opinions?

HI,
According to a city group it may be due to 18 million warrants outstanding coupled with the 25 million bonus shares to be issued to the board-----but these issues aside sees it as having a bright future.

Sectorguard has risen nearly 20% today. Hopefully there is a lot more to come.

Something is stirring - I'm in for 100K.

Any other views?

Pretty encouraging note from Seymour Pierce:

Seymour Morning Note - 1st October...
• SectorGuard, the manned guarding security services company, has provided a trading update relating to its September year end. We see this business as one of the more interesting young support services companies. It is entrepreneurially driven and has the opportunity through a combination of organic and acquisitive growth to develop a meaningful support services business in the same way that the likes of Mitie and Mears have done in the past, delivering significant shareholder value on the way.
• We are initiating coverage and introducing numbers on the back of an upbeat statement. Whilst comments on the wider security market from the likes of Securicor have indicated a mixed performance, SectorGuard is benefiting from a pure focus on manned guarding, keyholding and mobile patrols. It has positioned itself at the premium service, quality end of the market, not necessarily offering the lowest prices. The company is at a point where it has reached initial critical mass and can drive growth by adding contracts without needing to significantly add to the management and central overhead structure; in other words economies of scale are, at present, very favourable.
• Whilst SectorGuard has been acquisitive - over the last year buying four operations - it normally buys the contract book of its target rather than the company itself. To this extent the acquisition growth path is relatively low risk. Integration still has to occur, but the customer and the guarding staff are secured. By using deferred payments based upon work retention, the risk of overpaying is further minimised. SectorGuard typically pays 1 x gross profit for what are normally 1 year rolling contracts. On the assumption that small additional overhead is required as new regions are developed - regional/area management for example - we estimate this means the group is paying a PER of between 2 and 3 for the acquired business. In a fragmented market this strategy provides good opportunity for growth and is an effective value driver.
• The strategy then requires central management to ensure that contracts are renewed and incremental business is won. In this regard SectorGuard is building out geographically from its London and Home Counties origin, and sectorally. The statement indicates particular success in the education sector, adding the likes of Birkbeck College, Brunel University, UCL and Henley College to its client list this year. With around 700 staff, industry surveys suggest that SectorGuard is in the Top 25 by turnover in UK manned guarding - which indicates how fragmented the sector is.
• For the September 2003 year we are expecting approximately a 50% increase in revenues and profits, however, there is a small (5%) dip in EPS. This arises because the group floated half way through the previous year, therefore this is the first full year of new equity. Secondly, most of the acquisitions benefited only the second six months of the year.
• Going forward, we are being conservative in our assumptions in that our 2004 figures reflect a 1% decrease in operating margins as the business takes on board additional costs common across the sector - including for example additional National Insurance and professional indemnity costs. In addition, we have not yet built in any acquisitions, although the statement indicates that three sets of negotiations are currently in progress.
• However, the contracts currently in place should produce in excess of 10% EPS growth, and positive operating cash flow. We expect net debt at the end of September 2003 to be around 600,000 with interest cover for the year of over 10x.
• Although still a small business in stock market terms, we suggest that the current valuation for SectorGuard is not at all demanding. We have over time seen many developing support service businesses which have commanded significant premiums to the wider sector, principally justified by the value drivers relating to economies of scale. We note that a private manned guarding business, Trident, with profits similar to Sectorguard's, was bought by Mitie earlier this year for an exit PER of 15x. With Sectorguard on a forward PER to September 2004 of 8.1 and EV/EBITDA multiple of 5.6, we suggest that there is scope for the price to increase by at least 75% on a one year view. BUY.

Any other views?

Looks a hold for now. Expecting 10p in next few months.

Started moving again but I can not find any new information

Anyone have any ideas please

As in the Daily Mail today. 26/11/2003

Judging by the fancy price Mitie paid for security business Trident Safeguards and Executive Holdings,dealers say Aim quoted manned guarding security services firm SectorGaurd (SGN)
should be changing hands at double the current price of 3.5p.
Seymour Pierce agrees and states that the current valuation is not demanding and there is scope for a re-rating.
On a 12 month view it sees a 75% upside.

Thank you tobyjug.

Having just made a boat load on Victoria plc (still more upside to go) i thought i could afford to have a bit of play, this one looks very interesting, i've never really dabbled on the aim list . are the spreads always so big ??

regards
ramraid

Spreads are big, but the gains can be phenomenal.

SGD is a soundly growing company and Seymour Pearce know it. They reckon the company is ripe to be bought out but would put the price now at 7p (double the current price).

If they are not snapped up then we are looking at some gradual, though sizeable upside.

thanks for the info overgrowth, i see they've been tipped in the mail today. fyi lots of the big winners in victoria tell me they have been buying into vanco aswell, take a look if you get chance.

Will do - cheers ramraid.

Now rising steadily but surely (the best way) - plenty more to come folks.

Prelims on 12th Jan - not long to go.

We should see a very healthy rise from SGD in the next week, given the previous SP buy note.

Posted by Cockneyron on ADVFN from watshot.

SectorGuard - a little 'penny stock' with big potential

Next Tuesday David Marks, boss of SectorGuard (SGD) *, the AIM listed specialist manned security providers, will be announcing his group's final results for the year to end September 2003. We already know that they will be good because Marks informed his shareholders just that in a Trading Update issued on 1st October last year.

Since then his Group's shares have risen in price from 30% to 4.125p. On the face of it you might think that we have missed the boat - however I say think again. Operating as it does in the highly rated support services sector this group's shares should be trading on between 15 to 18 times historic earnings, giving it a 5.5p to 6.5p price range. Ahead of next week's results and accompanying statement I reckon that the shares look undervalued and are worth buying.

David Marks founded SectorGuard in 1998 to satisfy the growing market demand for a security service provider that placed equal emphasis on security and service. As a Chartered Accountant with a successful track record in the facilities management sector, David sought to bring a high level of professionalism to all aspects of the business in this highly fragmented area.

Since 1998 the business has expanded steadily through organic growth and by following a careful acquisition programme. Today it employs in excess of 700 security officers at a number of sites throughout the UK. The Group works on long term contracts for some of the largest companies in the country, as well as many local authorities and educational establishments, often at multiple sites. It prides itself on building long-term relationships mainly through a stable, highly trained and reliable workforce and a very pro-active approach to client liaison.

In March 2002 the Group's shares were floated on AIM, raising 570,000 and valuing the business at 2.7 million. Subsequently it has completed a number of acquisitions which are listed below in chronological order;

June 2002 - the acquisition of the manned guarding, mobile patrol and keyholding contracts of Olympic Security Services

January 2003 - the acquisition of the manned guarding contracts of Gainsborough Events Security Services
March 2003 - the acquisition of the manned guarding contracts of the Southern Division of UK Guarding Services
April 2003 - the acquisition of the manned guarding, mobile patrol and keyholding contracts of London Alliance Contract Services , and in
June 2003 - the acquisition of the manned guarding contracts of First Response Security
SectorGuard has become one of the fastest growing business in its sector, developing strongly through a combination of organic growth complemented by strategic acquisitions. It supplies manned guarding, mobile patrols, key holding, alarm response and electronic security services. Contracts include top names such as Shell International, Canary Wharf Development, Oxford Brookes University, the London Borough of Brent, CGNU and Sun Life.

At the beginning of last October David Marks' group issued a Trading Update relating to the Company's 30th September year-end and highlighting its recent successes and growth strategy.

" The Company has continued its successful strategy of combining organic growth with expansion by acquisition and is enjoying strong trading. The increase in the critical mass of the business as well as the benefits we have derived from economies of scale will be reflected in our year end results, which are expected to be published in January.

SectorGuard has developed particular expertise in the education sector and during the course of the year has added Birkbeck College, Brunel University, Henley College, Henley Management College, The School of Oriental and African Studies and University College London to its client list. Longer-term clients include East Berkshire College, Guildford College and Regents College.

The growth in the education sector is in addition to steady growth, particularly through acquisition, in other industry sectors.

SectorGuard has an extensive client base with a strong presence in London and the Home Counties and has extended its geographical coverage to the Midlands and the South Coast of England. The Company will be looking to build on these operations in the coming year.

Since the beginning of the calendar year, SectorGuard has completed and integrated four acquisitions: the manned guarding contracts of Gainsborough Events & Security Services Limited in January; the London division of UK Guarding Services Ltd in March; the manned guarding business of London Alliance Contract Services Ltd in April; and First Response Security Services Limited in June. It is currently in negotiations with a further three potential acquisition targets.

SectorGuard has extensive cash resources available for both working capital and potentially to finance acquisitions.

In an analysis of the top 50 UK manned guarding businesses, financial analyst Plimsoll Publishing Ltd placed SectorGuard 24th in size and 8th in profitability.

SectorGuard believes its continued success is largely due to the efforts of its staff, which now number in excess of 700, and has continued its investment in staff development and training. The Company believes in the value of all employees being stakeholders in the future of the business, and in March this year made a second distribution of share options to all employees.

The Board looks forward to reporting on its progress in greater detail in this year's financial report."

It is that financial report that I look forward to next week. In an eight- page research note on the Company issued two months ago analyst Alan Matthews at brokers Seymour Pierce initiated his coverage. He concluded that the shares were on an undemanding rating.

"SectorGuard, the manned guarding security services company, has provided a positive trading update regarding its year to 30th September 2003. We see this business as one of the more interesting young support services companies, with an opportunity through a combination of organic and acquisitive growth to develop a meaningful support services business. Economies of scale for the business are very favourable."

Matthews also stated that SectorGuard's market is fragmented with plenty of opportunity to buy businesses, whilst reckoning that the recent acquisitions have provided critical mass and added to the growth profile. His profit estimates, which I table below, help to identify the shares as undervalued and very capable of being swiftly re- rated.

Year to end
September Turnover m Pre-Tax Profit m Earnings Per
Share Estimated PE Ratio
2002 A 7.4 0.6 0.38p 10.85
2003 E 11.5 0.9 0.36p 11.45
2004 E 17.0 1.1 0.40p 10.31

As I stated earlier at 4.125p SectorGuard's shares are undervalued and capable of a significant re-assessment upwards, perhaps next Tuesday's results announcement will attract fresh investor interest and get that process underway. Considering it is still early days in the development of this group it shares really should be valued a lot higher than they are currently.

Taking a one-year view I am confident that SectorGuard shares will outperform the market. Buying today is a cheap way into what should prove to be a real growth story.

Target Price by end 2004 of 7p, Stop Loss at 3p

(FT AIM - market capitalisation 8.5 million - 4 market makers in up to 50,000 shares)

We now seem to have two threads on this one both with the same info!! Lets hope the share price doubles up in the same way.

Sorry janus just went to the first thread in the list.Results out on Monday.

Only had a quick scan but these results look pretty good http://www.uk-wire.com/cgi-bin/articles/200401120700060815U.html

15 Jan'04

SectorGuard (AIM:SGD) 4.5p BUY

Manned guarding is a buzz phrase at the moment, thanks to President Bushs desire to put sky marshals on transatlantic flights, but for SectorGuard, it is business as usual.

Chief executive David Marks remains committed to keeping out of aeroplanes and airports, seeing more sustainable and higher returns elsewhere.

Marks is instead focusing on a three-pronged approach; targeting education, local authorities and residential guarding. In the education sector, his company already lists a string of successes, including contracts with Oxford Brookes University, Birkbeck College, the School of Oriental and African Studies and Henley Management College.

Following three years of negotiation, SectorGuard recently won preferred supplier status to the London Universities Procurement Service, which acts as a buyer for all the colleges within the capital.

SectorGuard now has a standard contract in place for all London colleges, ensuring that the negotiation phase is quicker, and that the company can be in there earning money faster.

Residential guarding, although very much a new idea in this country, has worked well in the US and has transferred to certain parts of the UK with relative ease.

The companys flagship scheme is in Hadley Wood in north London, where residents banded together following a spate of serious attacks. Marks explains that his guards act as on-site protection, working together with local police to ensure residents are safe.

More residents groups are starting to see the benefits of having security guards in the vicinity, and SectorGuard is well-placed to take advantage. Similarly, moves by local authorities to put street wardens on the beat and back up local police are working well in a number of London boroughs, where SectorGuard has existing relationships for building and estate protection.

The company recently released full-year profit figures showing pre-tax profits of 741,621 against half a million last year, together with healthy earnings. Marks made four acquisitions in the year to September, and the companys share capital is now twice the size it was at float. But the market capitalisation has grown from 5 million to 9.5 million.

Further acquisitions are in the pipeline and Marks has mooted the suggestion of a tie-up between SectorGuard and his privately-held SectorAlarm company, of which he and his family own 42%.

SectorAlarm would provide a good fit by providing electronic and CCTV security systems to manned guarding clients and vice versa. Marks has said he will abstain from any such decision, however, given his obvious interest in both companies. Watch this space.

Statistics

BUSINESS: Manned security.

Vital stats:
Market capitalisation: 9.5 million
Historic PE: 13.2
Prospective PE for 2004: 11.88
Prospective PE for 2005: 10.80
No dividend

from share mag

plenty of buyers around check them out and look good value at this level

And the warrants are moving.

bit of profit taking today 5x 100000 selers going thru has any sentiment changed ??? should we be worried ??

No! The accounts speak for themselves (T/O up 73% and retained profit up 53%).

Plus...There's lots more action to come.

Stick with these guys and you'll be well rewarded.

Have you seen the Independent article ?

http://money.independent.co.uk/personal_finance/invest_save/story.jsp?story=481815

'Forget the space-age gadgets. Use human security guards'
17 January 2004
Protecting people and chattels in this increasingly violent, ill-tempered age has, not surprisingly, become a high- profile growth industry. And it is not just obvious terrorist targets, such as airports, where security is required. An army of unofficial PC Plods patrols many sites regarded as vulnerable. Even schools, in my younger days left unoccupied once the elderly part-time caretaker had left for home, now feel the need to embrace this burgeoning branch of the support services business.

In the perennial war against crime and terrorism, the most sophisticated space-age gadgets are available. But security guards, in vehicles or on foot, are still essential and have never been busier.

The stock market already recognises the ability of the big security players such as Rentokil Initial, still best known as the royal rat-catcher, and Securicor. But lurking on the undercard, with a capitalisation of just 6.7m, is a company that is taking full advantage of the security boom. SectorGuard is among the smallest members of the quoted contingent but it is ambitious and achieving the sort of progress which indicates its shares could be worth accumulating.

This week it unlocked year's profits of 742,000 against 502,000 the year before. Further progress, perhaps to near 1m, should be possible this year. SectorGuard is ignoring the hi-tech electronic side of the security industry and sticking with its 670 security guards. With some 2,000 manned security firms, many little more than one man and his dog-type operations, dotted around the country, the SectorGuard chief executive David Marks is convinced there is plenty of opportunities for expansion.

Last year he put through four smallish deals and more are in the pipeline. As the industry, like so many others, is clamped in a growing regulatory environment, the desire of many of the smaller players to remain in what is becoming an increasingly tough game must be evaporating. There are also opportunities for organic growth. Last year the group captured new contracts.

Some were for education centres. SectorGuard now has such establishments as Birkbeck College, London, Brunel University and the Henley Management College on its books. All told, it takes in more than 50 schools and other seats of learning. Residential protection is another growth area.

Many security groups, including SectorGuard, are happy to offer the sort of service so many police forces fail lamentably to provide. Patrolling estates, where the residents are rich enough to pay for the service, and providing various forms of community policing, at, of course, a price, are becoming a major part of the security industry.

It would be foolish to pretend that SectorGuard has been hiding its light under a bushel. Its shares, not too long ago 1.75p, are 4p, down from a 4.75p peak. But, if the group continues to forge ahead, they still look cheap. Dividend payments are unlikely, with available cash earmarked for acquisitions. Mr Marks, a 43-year-old accountant, is not keen to surrender equity for expansion.

He started the operation in 1998 and has 18.3 per cent of the capital. An electronic security company, SectorAlarm, is also under his leadership. The two have a close working relationship and I would not be at all surprised if in the next year or so a merger is arranged.

But SectorGuard itself could be taken over. As an accountant, Mr Marks believes every business has its price. And I believe an offer must be a distinct possibility. With many service companies anxious to add manned guarding to their activities, it is possible his single-minded approach actually adds to SectorGuard's attractions.

its only a matter of time before this secret gets out too lowly rated

After big sells and a fall early in the week, this share has crept back up to the level it started the week at (5p), so hopefully it can carry this through to next week (as long as all the profit takers have sold up). I'm expecting the share to be at the least at the 5.5p level by this time next week.

I don't think the short term movement is anything like as interesting as the underlying fundamentals. Sectorguard are well placed to grow over the next 3+ years. A great example of a growth stock. Below 2.5p it was unnoticed, during the last year is has just started to be picked up on the radar screens. I think the wise money will get in below 10p and the rest is speculation but it could be a real flyer in future. IMHO

I have to agree Prophet, the company (ie. profts growth and cash) and management are looking very strong at the moment and they are in a growth market - what more could a growth investor wish for?. Anyone in at this level stands to make a substantial amount of profit within the 2-3 year timescale.

Wilco, good going to reach 5.5p on the first day eh?

It's very difficult to predict where this one will be in couple of months time, never mind at the end of the year. I have a feeling that we're not far away from some serious money piling in.

Latest from Investtech.com:

"SGD - Positive Candidate (Short term) - Jan 30, 2004

Has risen 78% since the bottom on 21 Oct 2003 at 3.00p. Has broken the rising trend up, which indicates an even stronger rising rate. Positive volume balance strengthens the stock further in the short term. The stock has support at 4.00p."

not going so well today ???

GG

Not a reflection on SGD. All of my small caps. have taken a plunge today, apart from OMH oddly enough (as this has historically been the first to stumble).

OG

It's gone quiet on this thread, what's the thinking on SGD? Now would seem to be a good time to buy-in / top-up.

This is a good a time as any - SGD aren't going to move until the next news comes along (but that could be tomorrow for all we know).

There's plenty of chatter about more acquisitions coming up this year, so that will help to highlight the company to more investors and should boost the price. The company is looking good on fundamentals and just needs to prove continued growth for a bit longer before it really takes off.

Thx. I'm looking for a couple of longer-term safe(ish) bets and have been watching SGD for a while so will probably dip in tomorrow.

I got in last year and still feel the party hasn't even started yet. All the news and info points higher and higher. If we hit a problem (not impossible) let's deal with it when it arises. This one to date has all the the signs of a real growth stock. I'm as happy as I could be with this one. I'll be the first to share my worries should the story change. I am up 133% in less than a year (1.95p 11/04/03). Hold on to your SGD and your trousers, we are set for take off.

Why the selling of SGD this morning, cant find any news, can anyone shed any light?

MMs trying to encourage buyers due to the lack of news. They'll be back up again on miniscule volume when the overall market regains its upward trend.

Prophet..got in last May and agree with your comments entirely,
happy to hold these LONG TERM. Not the most exciting share but
'Safe as Houses'!!! With more acquisitions to come and a healthy turnover
you're right 'the party hasn't yet started', gonna top up soonish for
when it does....STRONG HOLD

ps...ironically, waiting on WGT results (held since last June) B4 getting
more SGD, just noticed you on their thread Prophet, do you still hold?

fredandfreeda

I have topped up twice on WGT at 2.5p and just don't have any cash spare to buy some more. It is my biggest single investment so it has to perform this year!! I do expect some contract news soon and I can only hope that the results will confirm the story to date. WGT has real potential in my view. Apologies for being off topic re SGD.

Nice one prophet, fingers crossed m8 - best of luck!

fredandfreeda

would hope to see SGD on the move again soon. We need some news to retain folks interests. I also think WGT are just about to breakout. Might be a good spring!

SectorGuard PLC
31 March 2004

SectorGuard plc ('the Company')

First Acquisition of 2004

Overview:

200k acquisition of the alarm response, keyholding and mobile patrol
business of Abbott Security Services Limited
Expected to have a significant impact on the Company's bottom line
First acquisition of current year
Part of SectorGuard's active on-going expansion strategy

SectorGuard Plc, the AIM listed manned guarding solutions provider, has acquired
the alarm response, keyholding and mobile patrol business of Abbot Security
Services ('Abbott') for a cash consideration of 200,000.

SectorGuard Chief Executive David Marks said: 'Abbott has a solid reputation of
providing high quality security services with a high density of work in London.
Three years ago we acquired its manned guarding business, which has contributed
significantly to our status as a leading supplier of security services in London
and the Home Counties.

'Our strategy of acquisition is built on developing a solid client base and good
reputation. To maximise these acquisitions value, we initiate a method of
tapered payment in order to make sure that the company doesn't over pay for
assets that don't perform. With this in mind, some of our acquisitions haven't
performed as well as anticipated, which although disappointing has enabled us to
both fund this deal in cash and replace the anticipated profits from the
underperforming parts of the business.

'We remain committed to our business model of building a company through
acquisition and organic growth. We continue to explore other opportunities, to
build a company that provides comprehensive and competitive security solutions
nationally.'

SectorGuard, founded in 1998, supplies manned guarding solutions for an
expanding range of clients including Shell International, Birkbeck College, The
London Borough of Camden, CGNU and Sun Life. Its services encompass static
guards, mobile patrols and key holding and alarm response.

Issued on behalf of SectorGuard Plc by St Brides Media & Finance Ltd, 46 Bedford
Row, London WC1R 4LR.


Contacts:

David Marks SectorGuard Plc Tel: 01279 724 777
Isabel Crossley St Brides Media & Finance Tel: 020 7242 4477


This information is provided by RNS
The company news service from the London Stock Exchange

expect sideways movement until next set of results which will be july time worth hanging onto until then

results due 26/6 should see some positive movement driven before and after results IMHO worth 5p upwards

Interim results according to SGD website will be announced on Monday 21st June.

Overview

Operating profit before amortisation up 42% to 465,888 on turnover of
7,071,631 up 56%


Net assets up 31% to 4,416,632


Appointed as preferred security services supplier to the London
Universities Purchasing Consortium


Acquisition of the keyholding and mobile patrol contracts of Abbot
Security Services on 1 April adds significantly to the mobile patrol
division.

'This first six months has produced good results with increases in turnover and
profits as well as recognition of our high client service levels with increased
organic growth and the award of preferred supplier status to the London
Universities Purchasing Consortium. The acquisition of the mobile patrol and key
holding business of Abbot Security Services on 1 April will further enhance our
service offering in London.

I am particularly pleased that we have continued to improve the quality of
service offered to clients and staff alike and maintained a high staff retention
rate during this growth phase of the Company. This is not only rewarding in the
short term but I feel it will stand us in good stead when facing the challenges
and opportunities arising from the licensing of security officers when this is
imposed on the manned guarding sector. '

David Marks

Chief Executive

Chairman's statement

I am pleased to announce our results for the six months ended 31 March 2004,
which show turnover up 56% to 7,071,631 (2003: 4,528,045), operating profit
before amortisation up 42% to 465,888 (2003: 328,783) and pre-tax profits up
45% to 306,759 (2003: 211,437).

http://www.uk-wire.com/cgi-bin/articles/200406210700029202z.html

good set of results deserves high rating should get comment in shares mag this week they were buyer in small cap area

1m+ of full year profit with 50% GYOY should have higher P/E than 8 ??? IMHO

tipped in shares mag few weeks ago so will get some exposure

cannot do any harm good value stock needs some news flow looks like xmas before
they move upwards on finals


SectorGuard PLC
20 September 2004


SectorGuard plc
('the Company')

Board Changes

SectorGuard plc, the AIM listed manned guarding solutions provider, is pleased
to announce it has appointed two new directors to its Board.

James Ian McLeod, 58, has been appointed Operations Director, having served as
Associate Director of Operations for the past year. James joined the Company in
June 2002 when it acquired the business of Olympic Security Services Limited
where he had been Managing Director. He has long experience in security both as
a security manager for the Co-operative Wholesale Society and Bejam before
spending five years at Olympic. James is a member of The Security Institute.

Robert Samuel Weigl, 59, has been appointed as Non-Executive Director. Robert
was previously Chairman and Chief Executive of Sira Business Services plc, an
AIM listed business services company specialising in contract cleaning. Sira has
a similar client base to SectorGuard ranging from education establishments to
local authorities and private companies.

The Company also announces the resignations of Peter Gorty and Gideon Lyons as
non-executive directors. Gideon has resigned with immediate effect to
concentrate on his other business interests. Peter has informed the Company that
he wishes to resign in order to reduce his business commitments. However, he
has agreed to stay on until 31 December 2004 to allow the Company an opportunity
of finding a suitable replacement as non-executive director.

Both Peter and Gideon have served the Company in a non-executive capacity over
the past three financial years during which period the annual operating profit
has grown from 233,000 to 1,000,000, net assets have grown from 786,000 to
4,047,000 and the Company has been admitted to AIM. We would like to take this
opportunity of thanking them both for their services and wishing them well for
the future.

The following information is disclosed pursuant to Schedule Two, paragraph (f)
of the AIM Rules:

James Ian McLeod

Past Directorships/Partnerships

Rogers Security Services Limited (formerly Olympic Security Services Limited)

Robert Samuel Weigl

Current Directorships/Partnerships

Bridge Human Resources Limited
Bridge Financial Services & Insurance Recruitment Limited
Task Holdings Limited
Task Facilities Management Limited

Past Directorships/Partnerships

Medical & Health Resources Limited
Sira Business Services PLC
Sira Business Services (UK) Limited
MCN Services Limited
Cromwell Cleaning Company (London) Limited

Robert Weigl is a director of:

(i) Task Holdings Limited, which has been placed in creditors' voluntary
liquidation, a resolution appointing joint liquidators having been passed on 2
June 2004. The estimated deficiency as regards creditors, shown on the Statement
of Affairs as at 2 June 2004, was 36,266; and

(ii) Task Facilities Management Limited, which has been placed in creditors'
voluntary liquidation, a resolution appointing joint liquidators having been
passed on 2 June 2004. The estimated deficiency as regards creditors, shown on
the Statement of Affairs as at 2 June 2004, was 60,070.

Robert Weigl was a director of The Post Newspaper Group Plc which went into
Administrative Receivership on 14 August 1989, and a director of Gradelodge
Publishers Limited which was wound up by order of the Court dated 17 January
1983

gg

not sure this is particularly good news though, 'liquidation' and 'receivership' do not exactly give me a nice warm feeling.

PTH

long time ago still the price still struggling waiting for results in jan

made rumor of the day in the Times today...


SectorGuard buys Nationwide's security contracts for initial 212,000 stg
AFX


LONDON (AFX) - AIM-listed manned security specialist SectorGuard PLC said it is buying the manned guarding, keyholding and mobile patrol contracts of East Midlands based security company Nationwide (GB) Ltd for an initial 212,000 stg.

The company said it will make further payments depending on performance.

Nationwide, which trades as Nationwide Security Services, reported a turnover of 1.4 mln stg last year.

It has contracts in the East Midlands and the North-East of England.

bam

results due mid jan expect 1.5m EBIT compared to 6M mkt cap doesnt make sense ???

I am amazed I didn't see this one before.

LONDON (AFX) - SectorGuard PLC six months to March 31 2004
Pretax profit - 306,759 stg vs 211,437 stg
Turnover - 7.07 mln stg vs 4.53 mln
EPS - 0.11 pence vs 0.10 pence

In profit
Turnover jumped massively
Not too many shares in issue
Expanding

AND UNDER 4P !!

http://www.sectorguard.co.uk/abou.html

Nobody else looking at this then ? Looks very undervalued presently and worth a re-rating shortly !

Here we go. People now realising these are a bargain and MMs even having to have to go to the market for stock.

My stock pick for 2005.

Article in Saturdays Express under heading Share Whisper:

Express
CORUS (concerns mount about a slowdown of exports to fuel the Chinese
economy) - COBRA BIOMANUFACTURING (anticipation of an imminent
acquisition) - MEARS GROUP (suggestions it would be a major beneficiary
from a pre-election government spending increase on social housing
projects) - WHO'S DEALING: CARE UK (Walbrook, its employee benefit
trustee, buys 65,000 shares at 381-1/2 pence) - SHARE WHISPER:
SECTORGUARD (traders gamble on a positive annual results statement,
which is due on Jan 11) - BROKER'S VIEW: BRITANNIC (Gerrard keeps its
outperform rating and increases its fair value on the stock to 475 pence
from 435)

This looks like it is about to breakout.

looks as though corner turned and results next week 6p shortly ?

good results with growth in t/o abd profits and first divi yet price
goes down any ideas ???

gg - I used to invest in Sectorguard and sold out precisely for this reason, the company is sound and growing though unfortunately unloved by the markets.

I think short termers are attracted to the potential, buy in a few weeks before results and then sell out just before. The sp just drifts down through lack of interest until the next year.

I think that the corner has also been turned. Growing strongly and will continue to do so. Maiden divi.

Share price already starting to recover !

Worth a buy and hold for 6-12 months.

should get update in this weeks shares magazine was letter in last week
with some coments any exposure all good

The latest news underpins the SP IMO

SectorGuard up on Investors Chronicle tip

UK smallcap opening - SectorGuard up on Investors Chronicle tip
AFX


LONDON (AFX) - SectorGuard edged up 0.50 to 4.62 as the Investors Chronicle advised readers to 'buy', describing the company as well-balanced, with an undemanding rating within the security services sector.

It added that, under the Private Security Act, licensing costs for security companies are set to rise. But while this will have an impact on SectorGuard, some of its smaller rivals are likely to feel the pinch harder, and this could provide further opportunities for the group.

Great exposure. IC tip will bring this to attention of wider investing community. Followed this for a year and its performance has been bad. This could be the turn. Interesting to see how it goes from here.

plenty of buyers out there today and some big numbers expected it to move more perhaps will continue momentum into next week

Don't forget that the puchase of Sector Alarm is what the City has been wanting. This will underpin the SP and drive it higher from here.

Confirmation of the purchase today and for a good price.

Excellent news.

Has anyone noticed the 10% rise in SGD today? And for no apparent reason. Lower than average voulme, perhasp a RNS is imminent Has been tipped by both IC and Shares Mag in the not too distant past. Profitable, maiden dividend and very, very acquisitive. I continue to be surprised that the company does not enjoy greater support amongst investors.

Regards

PTH

Couple of massive buys for this little gem which has been lying suprisingly dormont in my portfolio - what is ahead I wonder

update of shares magazine tip from 2004 saying still good value on forward p/e of 8
says hse broker cust this years forecast to 1m due to the training required due to
the licensing of security gaurds this will be money well spent as some small gaurding companies will clearly decide not to invest this money and sell up to perhaps SGD ....

good set of results with final divi doubled


SectorGuard PLC
12 December 2005


SectorGuard Plc / Ticker: SGD / Index: AIM / Sector: Support Services

12 December 2005

SECTORGUARD PLC

PRELIMINARY RESULTS


SectorGuard plc, the AIM listed total security solutions group, announces its
results for the year ended 30 September 2005.


Overview


Focused on developing the geographical spread of the business
and range of products and services to become a total security solutions
company

Solid growth achieved during the year with turnover up 17% to 16,375,000
(2004: 14,049,000) and gross profit up 10% to 3,008,000 (2004:2,731,000)

Cash balance at year end 940,000 (2004: 258,000) and net assets of
8,169,000 (2004: 4,692,000)

Dividend doubled to 0.1p per share

Expanding shareholder base with a number of new institutional investors

Continued growth organically with significant contracts won in key target
areas and by acquisition with four acquisitions completed in the year

Anticipate being one of the first companies to achieve SIA's Approved
Contractor Status


Chairman


I am pleased to present the results for the year ended 30 September 2005. It
has been another year of solid growth, building on the firm foundations set
since our incorporation in 1998. SectorGuard is currently in a strong position
and has an exciting future as we focus on developing both the geographical
spread of the business and the range of products and services we can offer our
clients.


Through the acquisition of two companies specialising in the installation and
maintenance of electronic systems we are now well placed to provide clients with
a total security solution ranging from risk assessment to the provision of
physical security measures such as security officers, CCTV, access control and
asset tagging. Our intention is to keep building on the strengths of the Group
both organically and by acquisition and to continue the development of the range
of security services we can offer.


Additionally, we have continued to expand the shareholder base and I am pleased
to report that the equity issued during the year to finance acquisitions was
placed with a number of institutional investors. This was with a view to
building relationships with these investors to assist in the long-term
development plans of the Group.

Financial results


Our results for the year ended 30 September 2005 show a 17 per cent. increase in
turnover to 16,375,000 (2004: 14,049,000) resulting in a gross profit of
3,008,000 (2004: 2,731,000) and net cash inflow from operating activities of
1,264,000 (2004: 90,000). The Group had 940,000 cash at bank at the year end
(2004: 258,000) and net funds of 239,000 (2004: net debt 992,000). Net assets
at the year end had increased 74 per cent. to 8,169,000 (2004: 4,692,000).


As reported in the interim statement, licensing of security officers under the
Security Industry Authority (SIA) will be compulsory by 20 March 2006.
SectorGuard has set itself a target of obtaining licenses for all existing
security officers by the end of December 2005, to ensure that the business does
not suffer from any delays occasioned through backlogs in license application
processing. Licensing the existing staff has created two additional,
non-recurring costs, re-training the officers and the cost of collating and
processing all the license applications and associated documents. This
additional expenditure is reflected in the profits and has resulted in a
temporary 1 per cent. reduction in gross margin. We are confident this reduction
in margin will be recovered in the current year.



As underlying profits are continuing to rise we have pleasure in proposing an
increased dividend of 0.1p per share from 0.05p per share in 2004.



Acquisitions


As part of our strategy we are focused on growing the business through
acquisition and last financial year we completed four deals. As well as adding
to the turnover and profitability of the Group, these acquisitions added
significant resources to the Group's management team, and provided us with a
platform for building a total security solution business. By combining the
provision of complementary services and products, such as electronic perimeter
protection and traditional manned guarding, within one business we can tailor
efficient and effective security solutions for our clients and provide the Group
with greater opportunities for organic expansion.


In December 2004 we acquired the manned guarding contracts of two Midlands based
businesses: Nationwide (GB) limited based in Grantham and Choice Security
Services Limited based in Stourbridge. These acquisitions have enhanced our
client base in that region and have provided us with a solid base for building
the geographic spread of our business.


On 4 April 2005 we completed the acquisition of SectorAlarm Limited, a company
specialising in the installation and maintenance of electronic security systems.
On 16 September we acquired Asset Protection (EAS) Limited, which specialises in
installing and maintaining electronic asset tagging systems, principally for the
retail sector.


Since the year end, SectorAlarm acquired Oakpark Alarms, the intruder alarm
maintenance business of Oakpark Security Management Limited, based in Surrey.


Organic growth


As in previous years the growth through acquisitions has been supplemented with
organic growth. This year we have won significant contracts in all of our key
target areas of higher education, local authority, commercial and not for profit
organisations.


We believe that one impact of SIA licensing will be the re-distribution of
contracts to those companies that achieve the SIA's Approved Contractor Status.
As stated in our recent trading statement, whilst the full details of the scheme
are as yet un-confirmed, SectorGuard has taken a lead role in the development of
the scheme and we anticipate being one of the first companies to achieve this
status. As a result we believe that we will obtain significant organic growth in
manned guarding turnover over the next two years and we have built our sales
team to allow us to benefit from this and other opportunities such as the
expansion into the Midlands. We are also integrating the sales teams from each
of the trading companies into one sales office with specialist divisions. This
should facilitate the cross-selling of products and services as opportunities
arise.


Current trading


In a four year period our turnover has grown by 400% leading to a significant
increase in head office staff. In order to cope with this and future expansion
we are moving to new premises later this month that will accommodate our three
trading companies under one roof and double the size of the control room. I
would like to take this opportunity to thank all the members of the project team
who are working to make this move as seamless as possible.


The current year has started well with all three trading companies winning new
contracts, and the completion of the acquisition of Oakpark Alarms which adds
significant density to our client base in Surrey. We are confident that our
strategy of growing the Group and building the SectorGuard brand through
acquisition, organic growth and attention to service levels will continue to
benefit all stakeholders. I look forward to reporting on our further progress
when we publish our interim report.


Consolidated Profit and Loss Account

for the year ended 30 September 2005


2005 2005 2004
Notes

Turnover
Existing operations 15,511,411 14,048,604
Acquisitions 863,686 -
3
Continuing operations 16,375,097 14,048,604
Cost of sales (13,366,903) (11,317,173)
Gross profit 3,008,194 2,731,431
Administrative expenses before goodwill amortisation (1,852,751) (1,536,328)
Operating profit before goodwill amortisation 1,155,443 1,195,103
Goodwill amortisation (324,672) (212,256)
Operating profit
Existing operations 610,764 982,847
Acquisitions 220,007 -
Continuing operations 830,771 982,847
Interest receivable and similar income 7,414 4,949
Interest payable and similar charges (118,514) (102,439)
Profit on ordinary activities before taxation 719,671 885,357
Tax on profit on ordinary activities (206,076) (284,055)
Profit on ordinary activities after taxation 513,595 601,302
Equity dividends (305,125) (102,878)
Retained profit for the financial year 208,470 498,424

Earnings per ordinary share
Basic 3 0.23p 0.30p
Diluted 3 0.22p 0.29p
Basic (based on pre amortisation earnings figure) 3 0.35p 0.38p
Diluted (based on pre amortisation earnings figure) 3 0.35p 0.37p


There were no gains or losses in the year other than those included in the above
Profit and Loss Account.



Consolidated Balance Sheet

as at 30 September 2005
2005 2004

Fixed assets
Intangible assets 7,033,171 3,743,955
Tangible assets 295,073 259,839
7,328,244 4,003,794
Current assets
Stocks 137,604 -
Debtors 4,061,104 3,592,230
Cash at bank and in hand 940,434 258,230
5,139,142 3,850,460
Creditors: amounts falling due within one year (3,123,565) (2,707,143)
Net current assets 2,015,577 1,143,317
Total assets less current liabilities 9,343,821 5,147,111
Creditors: amounts falling due after more than one year (288,442) (395,346)
Provisions for liabilities and charges (886,555) (60,000)
Net assets 8,168,824 4,691,765

Capital and reserves
Called up share capital 1,525,625 1,028,777
Share premium account 4,761,083 2,090,337
Merger reserve 158,395 -
Own shares in employee share trust (57,400) -
Profit and loss account 1,781,121 1,572,651
Shareholders' funds 8,168,824 4,691,765


The accounts were approved by the board of directors on 9 December 2005 and were
signed on its behalf by:


D Marks

Director


Company Balance Sheet

as at 30 September 2005
2005 2004

Fixed assets
Intangible assets 4,089,944 3,743,955
Investment in subsidiary undertakings 2,679,845 -
Tangible assets 237,035 259,839
7,006,824 4,003,794
Current assets
Debtors 3,923,980 3,592,230
Cash at bank and in hand 751,281 258,230
4,675,261 3,850,460
Creditors: amounts falling due within one year (2,720,640) (2,707,143)
Net current assets 1,954,621 1,143,317
Total assets less current liabilities 8,961,445 5,147,111
Creditors: amounts falling due after more than one year (188,442) (395,346)
Provisions for liabilities and charges (886,555) (60,000)
Net assets 7,886,448 4,691,765

Capital and reserves
Called up share capital 1,525,625 1,028,777
Share premium account 4,761,083 2,090,337
Own shares in employee share trust (57,400) -
Profit and loss account 1,657,140 1,572,651
Shareholders' funds 7,886,448 4,691,765

The accounts were approved by the board of directors on 9 December 2005 and were
signed on its behalf by:


D Marks

Director



Consolidated Cashflow Statement

For the year ended 30 September 2005
2005 2004


Net cash inflow from operating activities 1,264,274 89,568
Returns on investment and servicing of finance
Interest received 7,414 4,949
Interest paid (112,814) (98,366)
Finance lease interest paid (5,700) (4,769)
(111,100) (98,186)
Taxation
Corporation tax paid (284,914) (240,836)
Capital expenditure
Payments to acquire tangible fixed assets (174,567) (142,563)
Proceeds from disposal of tangible fixed assets 55,494 -
(119,073) (142,563)
Acquisitions & Disposals

Payments to acquire subsidiary undertaking - SectorAlarm Ltd (275,496) -
Payments to acquire subsidiary undertaking - Asset Protection (1,623,321) -
(EAS) Ltd
Payments to acquire business assets (520,742) (401,748)
Net cash acquired with subsidiary - SectorAlarm 25,806 -
Net cash acquired with subsidiary - Asset Protection (EAS) Ltd 131,700 -
(2,262,053) (401,748)
Equity Dividends Paid (102,878) -
Net cash outflow before financing (1,615,744) (793,765)
Financing
Issue of ordinary share capital 3,267,264 154,950
Expenses paid in connection with shares issued (122,298) (8,560)
Purchase of own shares by employee share trust (57,400) -
Repayment of loans (283,303) (437,751)
Bank working capital facility (448,601) 448,601
Capital element of finance lease payments (57,714) (42,720)
New finance leases - 101,607
2,297,948 216,127
Increase/(decrease) in cash in year 682,204 (577,638)


Notes:

1. The financial information set out above does not constitute the Group's
statutory accounts for the years ended 30 September 2005 or 30 September 2004
but is derived from these accounts. Statutory accounts for 2004 have been
delivered to the Registrar of Companies in England and Wales and those for 2005
will be delivered following the Company's Annual General Meeting.

The auditors have reported on the 2004 accounts and their report was unqualified
and did not contain statements under section 237 (2) or (3) of the Companies Act
1985. The figures included in this announcement have been prepared on the basis
of the accounting policies set out in the 30 September 2004 financial
statements.

2. The directors recommend the payment of a dividend of 0.1p (2004: 0.05p)
per ordinary share payable on 24 February 2005 to ordinary shareholders on the
register at the close of business on 3 February 2005.



3. Earnings per share
The earnings per share is based upon a profit of 513,595 (2004: 601,302)
and the weighted average number of shares ranking for dividend during the
year of 226,724,448 (2004: 203,760,229).

The fully diluted earnings per share is based upon the profit as disclosed above
and the weighted average number of shares ranking for dividend during the year
of 228,770,896 (2004: 209,639,260) adjusted for the effects of all dilutive
potential shares.



An adjusted earnings per share figure has been calculated in addition to the
earnings per share required by FRS 14, 'Earnings per Share'. The directors
believe that the presentation of an adjusted basic earnings per ordinary share,
being the basic earnings per ordinary share adjusted for goodwill amortisation
assists with understanding the underlying performance of the group. The basic
earnings per share calculated on this definition of earnings is based upon a
profit of 793,196 (2004: 774,558).



The fully diluted adjusted earnings per share is based upon the profit as
disclosed above and the weighted average number of shares ranking for dividend
during the year of 228,770,896 (2004: 209,639,260) adjusted for the effects of
all dilutive potential shares.



4. Copies of the published accounts of the Company will be sent to all
shareholders and will be available during normal business hours from the offices
of Seymour Pierce Limited at Bucklesbury House, 3 Queen Victoria Street, London
EC4N 8EL.

Contacts:

David Marks SectorGuard Plc Tel: 01279 724 777

Hugo de Salis/Isabel Crossley St Brides Media Tel: 020 7242 4477


This information is provided by RNS
The company news service from the London Stock Exchange

Why such a low dividen...wouldn't this cash be better held and re-invested? Have I missed a point!

Also...good news of a company steafily growing....but no reaction from the market...whats that about?

Times today
Sectorguard ticked up .25 to 3.75 as Seymour Piers used slighty better than expected full year figures to repeat "buy" advice on the manned guarding group, which it expectes to benefit from tighter regulation of security personnel from March.

well ran business with improving yield but lack exposure and needs to sort out the buy/sell spread if to move forward have suggested share split but they say not considering it in the shot term

Share split sounds a good idea to me. Long term holder but the lack of movement is frustrating.

Winter not a good time for Security Companies - but watch this little baby move in the Spring.

An upbeat AGM statement delighted investors in SectorGuard, and its shares added 0.375p to 3.875p. The company said it was well placed to pitch for significant new contracts after declaring that all its security officers were now licensed ahead of the March 20th 2006 compulsory licensing deadline set down by the Security Industry Authority. Considerable progress has been made during the year and SectorGuard now believes it is set to become a leading total security solutions provider.

nice to see SP move above 4p and spread contracting to .25p why cannot this be
the norm??

Reasonable spread may be because the MMs have a large buyer in the wings. Nice early buys this morning. 5p by 1 May !!

shares mag suggest fair value toward 5p support by Seymour Pierces comments
and the recent Renotkill deal seems to be moving in that direction

cannot see them below 4p again

nice rise and good volume has it got a mentuion anywhere as 5p looks likely

was tipped by RHPS on Friday after close anyone ideas of target price ?

Much interest and nice rise in SP to-day. Any info or views on why ??

was tipped by RED hot penny shares which has fairly big following

Thanks gordon - momentum continues - Spring and Summer much better period for security sector.

if the CEO cannot hang onto his shares why should we ?
I sold @ 4.5p at last lot of results this ones going nowhere in my opinion ...

From todays results

We are now in a very strong position to achieve substantial growth in all areas
of our business, delivering significant increases in shareholder value.

Wow just look how they have come along.

HIGHLIGHTS

* Turnover of 26.8 million (12 months ended 30 September 2006: 17.8m)
* Security Personnel Division - 22.9 million
* Fire & Security Systems Division - 3.9 million
* Gross profit of 5.5 million (12 months ended 30 September 2006: 3.7 million)
* Cash flow from operations 2.2 million (12 months ended 30 September 2006: 0.2
million)
* Strengthened reputation as total provider of security solutions - utilising cross
selling opportunities
* Climbed into the top 20 providers in the security industry
* Added a number of nationwide businesses to client book
* Completed three key acquisitions - broadened service offering and geographic reach,
provided exposure to new market sectors
* Brought new experienced security professionals into the Group
* Accredited with Investors in People and became one of the first security providers
to be accredited with the ISO 14001
Environmental Management Standard
* Developed a number of initiatives that are seen as promoting best practice in the
industry

All going in the right direction - except the SP. Seems it is taking longer for AIM stocks to respond to such news - far too many companies (some 1600 currently) on the AIM market- we may need more patience

I await the half year report (april to Sept 08) with interest -long term holders have seen their holdings diluted, eps reduced from .33 to .22, the dividend lost, large debt aquired and the share price fall from over 4p to 1.5p. - not good news for long term holders - unless the next interim comes up with startling results we need a white night takeover for the share price to make progress. - holders have seen the holdings diluted by over 20% by the issue of 80m news shares in the past year.and the directors hold over 10m options which will cause further dilution - if you need further convincing look at the five year graph