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Who is supporting SUPPORTA ? (SOR)     

hilldee - 26 Oct 2004 11:24

Now, following a couple of acquisitions(all interesting developments) the price of SOR sagged rather dramatically as surplus stock was disposed of. Perhaps it has all, now, gone and the REAL buyers are taking over. This one could be a high flyer and it is part of the Bob Holt(Mears) empire. Is anyone else following this one?

Gausie - 26 Oct 2004 13:54 - 3 of 24

Unicorn/Peter webb performance and fund constituents

and this from a week or two ago:

BROKER Investec gave Supporta a push which left the Aim-quoted payroll supplier to the NHS 2p better at 45 1/2p. There should be a lot more upside because new chairman John Jasper is said to be making a big impact. He plans to focus on further expansion into the outsourcing market and dealers reckon an earnings-enhancing acquisition is not too far away. Supporta enjoys strong institutional backing.

hilldee - 26 Oct 2004 17:31 - 4 of 24

where can we get a breakdown of Institutional support for this company..and who knows the track record of John Jasper?

little woman - 30 Oct 2004 20:49 - 5 of 24

Found this:

Supporta Plc, formerly Staffing Ventures plc, are a venture capital company who specialise in investmenting in UK based start-up or early stage companies involved in recruitment and the provision of personnel and associated services. The Company provide financial management to the companies that will be invested in.

Early in 2004 the Group acquired Parys Snowdon Payroll Services Limited and its subsidiaries, PS Payroll Services Limited, PS Business Services Limited and PS Managed Services Limited. August 2004 the Group announced the completion of the acquisition of Parys Snowdon Group Limited, a provider of outsourced services to NHS organisations, and the acquistion of Quality Care, a provider of domiciliary care workers on behalf of a number of London borough local authorities.

little woman - 31 Oct 2004 20:12 - 6 of 24

Board Changes
John Jasper
The Board is delighted to announce the appointment of John Jasper with immediate effect. With effect from the Extraordinary General Meeting, John will become Executive Chairman of the Company, until when he will be a Non-executive Director.

Bob Holt
Bob Holt, as the retiring Chairman, will remain within the Company as senior independent Non-executive Director. Having led the Company since its first fundraising he now feels that following the completion of these Acquisitions, the time is right for the appointment of a new Chairman to progress the Enlarged Group's future strategy.

Rhiannon Jenkins
In addition, the Board is also delighted to announce the appointment, with immediate effect, of Rhiannon Jenkins as Finance Director.

Philip Ellis
Philip Ellis, co-founder and former Finance Director, will remain with the Company as a Non-executive Director.

Simon Gee
Simon Gee, co-founder, leaves the Board, also with immediate effect, to concentrate on his other business interests and the Board would like to thank him for his contribution to the Company since its inception.

Sue Soame
Upon completion of the Quality Care Acquisition, Sue Soame, one of the partners of Quality Care, will join the New Board as an Executive Director.


Supporta plc 2004

hilldee - 02 Nov 2004 11:46 - 7 of 24

A very interesting breakdown Little Woman....and, I think, indicative that this company is now, like its shareprice,on the move.Of course -as you probably know - Bob Holt is quite an astute gentleman and has, no doubt engineered this little set up to everyone's benefit. Whilst we would be wise to watch the undoubted rise of SUPPORTA we would be misguided if we did not also watch events relating to Holt. At Mears - his primary company - he has just, also, aranged a new CEO in the shape of Stuart Black who takes over on Nov 15th. Now. Holt is too young to retire (some say too mean) SO are the pumps being primed for summat else for him. If so it will UNDOUBTEDLY be worth following

little woman - 02 Nov 2004 13:29 - 8 of 24

Yes, it seems that others are catching on to this share:

graph.php?startDate=02%2F10%2F04&period=

hilldee - 04 Nov 2004 11:34 - 9 of 24

Little Woman. It MAY be worth looking at another 'Holt' stock in the shape of WYATT which is,currently, languishing but could become interesting at an early point

Gausie - 09 Dec 2004 18:47 - 10 of 24

Looking better and better....

stockbunny - 09 Dec 2004 19:09 - 11 of 24

And nice to see you back albeit briefly Gausie!
:>)

hilldee - 10 Dec 2004 11:54 - 12 of 24

The results were quite reasonable, the prospects even better. There seems a real feeling that this one IS going to move and even the Press are beginning to get the tenor of it. It always takes a while to establish an interest but things could not be better at this stage.

hilldee - 10 Dec 2004 11:55 - 13 of 24

By the way. Keep you eye open for the other one - Wyatt.

hilldee - 13 Dec 2004 11:48 - 14 of 24

The other posters seem content to scrat around on nonsense shares. Heres one that has put on 50% in around eight weeks....and theres MORE to come. But you folk dont want reality,you prefer rumor and price rigging and all the other things that make life so exciting AND EXPENSIVE. Find a couple of dependable horses, maybe even three or four, and forget all the trash....but dont stop reading the postings cos every so often comes a guy who HAS got a good idea and is prepared to share it (having got into the stock himself, first) Forget the rampers and riggers, look for sensible news and good ideas.

hawick - 14 Dec 2004 08:24 - 15 of 24

Morning hilldee. I quite like Supporta (Pat Lay of LES has short-listed it for his share of year for 2005). My personal preference is CFG, recent float and in domiciliary care too, more cash lower market cap than SOR. Have started a separate thread. Good luck with SOR. Agree with you about 'trendy'!!

Here's the article, incase you missed it.:
"A supporter of Supporta

I'VE said it before, and I'll say it again: I'm a supporter of Supporta the company that supplies care workers in the home, mostly paid for by local authorities and the National Health Service.

Chairman John Jasper and chief executive Gavin Kaye were in town this week, together with Rhiannon Jenkins (who I would vote as the most attractive finance director of a public company). They were here to announce a doubling of turnover to 8.2m in the six months to end-September and a pre-tax profit of 35,000 against a loss of 698,000 in the same period last year.

It has also sold four of its non-core recruitment businesses for 640,000 plus an earn-out payment on those businesses for the period to March 2006.

With 1.3m in the bank, Supporta is in a strong position to add to its core operations through acquisition in what is still a diverse market. Already the company employs 700 to 750 support staff who are booked to work 16,500 hours a week between them, and this is a market where this is a shortage of up to 40% in trained staff.

With offices in London, Birmingham and Newcastle, the company is looking to open in Glasgow early next year.

In the last month of the first half-year Supporta bought Quality Care, who have since been awarded a new contract by Brent local authority worth more than 5m of revenue over the next five years. Tenders are out with 'a number of new local authorities both in London and in the Midlands and Scotland.'

The shares which were trading at 36.5p early this year rose 1p to 58.5p on the news. A warning however: they could be a contender for my share for 2005, and that might be too much of a burden for them to carry."

hilldee - 14 Dec 2004 11:28 - 16 of 24

Thanks for that -Hawick. I had missed the Pat Lay article and appreciate your reprise. Also intend to look at CFG (which had, also, passed me by). Your sort of contribution is required in the postings.

hawick - 15 Dec 2004 10:56 - 17 of 24

No prob hilldee, I prefer to trust my own efforts than those who prefer quips! Keeping SOR on my watchlist as I think the restructuring will be seen positively by the market in time. Thanks for your suggestion.

hilldee - 15 Dec 2004 11:46 - 18 of 24

Hey - Hawick. Have just been assessing the recent news on Mears and found a reference to an outfit called TEL (current price a VERY wide 3 -4) BUT there does seem merit in the outffit and have added it to my watch list...see what you think and report back, should you wish, on this SOR site.

hawick - 18 Dec 2004 21:24 - 19 of 24

Hi Hilldee apologies for not replying, simply that it is not a stock I follow and therefore would be daft for me to comment. Will try and take a look but very busy till new year.

little woman - 31 Dec 2004 13:01 - 20 of 24

hilldee - could you put a chart in your write up in the top? It'll make this thread a bit more interesting ;-)!

This share is still creeping upwards - just wish it did it quicker!!!!!!

hilldee - 31 Dec 2004 16:29 - 21 of 24

I dont subscribe to packing the postings full of stuff. It takes so long to scroll down some of these sites my patience wont hold out. Charts are available at other sites AND at Moneyam

little woman - 02 Jan 2005 12:34 - 22 of 24

I agree too much info in the "headings" can be a bit much - but I need something to keep my interest in a thread - or I don't bother read them.

One chart, or initial detail updated from time to time keeps it interesting. Short & simple and upto date. If I have to spend my time checking out individual charts & info away from the threads - I won't have the time to read or post onto threads....


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