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MSB INTERNATIONAL - a bargain ? (MSB)     

krypton - 15 Sep 2005 10:55

Does anybody follow the recruitment agency ?
Recent figures from Michael Page International and Harvey Nash were excellent suggesting the sector is doing very well. MSB figures are due next month.
Thanks to having Level 2 all week I notice that Winterfloods have been slowly but surely raising the bid price all week on hardly any volume. Now there is only a half pence spread !!!
Any information would be appreciated to help me work out whether to dive in.

K******

supermono13 - 22 Dec 2005 16:00 - 13 of 18

Snappy

Extremely useful info on the new 20% holders.
Thanks for that.

Very interesting times ahead.

Mono

snappy - 22 Dec 2005 16:11 - 14 of 18

yes I hope so Mono, but I would hate to see an outright cash takeover at or around current prices for this undervalued and poorly managed company. Of course with Eaglet with a 20% stake looking for an exit before and the profit warning earlier this week no surprise to see it trading down at these levels.

Holding for better times ahead.

Merry Christmas

Gausie - 22 Dec 2005 16:15 - 15 of 18

"What does MSB stand for?"

When Mark Goldberg & Kenny Lipton set up MSB international they were a couple of 20 year old lads setting up a small firm that they hoped would help them to meet their personal aspirations - Money, Sex and Beer - hence 'MSB'. They had no reason to change the initials as the company grew in a way they couldn't have dreamed of. Kenny left in the very early days; Mark sold most of his shares at 9.50 to raise funds to buy Crystal Palace.

True.

Gausie

supermono13 - 22 Dec 2005 16:26 - 16 of 18

Gausie

Thanks for that. I know that Mark Goldberg wanted to buy Crystal Palace so can safely assume the rest of it is true !!!

Money, Sex and Beer ??

I hope Third Advance Value Realisation Company get their fair share !!!!

Snappy - Merry Christmas to you too. Agree that any takeout anywhere near the current SP would be extremely annoying.

Mono

bristlelad - 23 Dec 2005 10:23 - 17 of 18

gausie/supermono/ if you read the TIMES TODAY YOU will see that A.V.R.CO has more stakes in other employement companies////

snappy - 23 May 2006 11:52 - 18 of 18

Back to 70-80p then now?

AGM and Trading Update

At the Annual General Meeting of MSB International PLC held today, all of the
resolutions set out in the Notice of the Meeting sent to Shareholders as part
of the Report and Accounts for the year ended 31 January 2006 were duly passed.

The actions taken over the past few months to improve operational gearing and
reduce overheads have taken effect, with revenues and profit ahead of internal
expectations and this period last year.
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