Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
Register now or login to post to this thread.
  • Page:
  • 1
  • 2
  • 3

ArmorGroup - Recovery Just Beginning (ARG)     

G D Potts - 09 Jan 2007 17:13

ArmorGroup International plc

For over 25 years ArmorGroup has been recognised as a leading provider of
defensive, protective security services to national governments, multinational
corporations and international peace and security agencies operating in
hazardous environments. ArmorGroup provides protective security services,
security consultancy, security training and mine action services. It has 9,000
highly trained and experienced employees and operations in 38 countries. Over
the past two years it has supported its clients in over 160 countries across the
Middle East, Africa, North and South America, the CIS and central Asia.


http://www.armorgroup.com

G D Potts - 20 Mar 2007 13:06 - 36 of 57

Really didnt expect a dividend so that a bonus and positives can be taken from the fact that the shares surged to 96p before falling back today/

soul traders - 20 Mar 2007 15:37 - 37 of 57

Well done, GDP - a good pick on your part. I have been looking at this on and off and thought it was probably a loud "buy" when it was in the forties/fifties, but never got on board. I'm not surprised at today's profit-taking, given that the SP has as good as doubled in only a few months and that this stock deserves to be treated as a bit risky, but well done to those who took the risk I didn't and who made a profit in the process!

spitfire43 - 20 Mar 2007 19:39 - 38 of 57

I should have brought at 70p but didn't have the cash then, I have cash now waiting to be re-invested and looking at four company's including Armor. Results were slightly ahead of ABN Amro forcast, and 2007 is looking very promising.

G D Potts - 21 Mar 2007 09:19 - 39 of 57

thanks soul - still think it looks good for 100p+ in 07.

G D Potts - 22 Mar 2007 13:56 - 40 of 57

well maybe tomorrow - another solid rise today 9%+.
Could be one of the star performers in 07.

G D Potts - 22 Mar 2007 14:07 - 41 of 57

Oddly enough the MoneyAm trades reports that an 85'000 share slae has just gone through - outweighing the entire buys so far today on its own.

G D Potts - 26 Mar 2007 17:54 - 42 of 57

Looks like Landsdowne have increased their stake

G D Potts - 02 Apr 2007 08:55 - 43 of 57

Wow

G D Potts - 02 Apr 2007 08:55 - 44 of 57

ArmorGroup International plc
02 April 2007



ArmorGroup International plc

Awarded US Embassy contract in Afghanistan





ArmorGroup International plc, the leading international provider of protective
security services, today announces that its subsidiary, ArmorGroup North
America, has been awarded the contract to provide guard services to the United
States Embassy in Kabul, Afghanistan. The contract, worth up to a total of $189
million, will run for up to five years from early April 2007 and will mobilise
over the next 90 days.



Under the terms of the contract ArmorGroup North America will provide the
following services:



Static guard services. Former Gurkha soldiers and Afghan guards
protecting personnel and assets based at the US Embassy and other facilities in
Kabul.

Life support services. Providing facilities support, such as catering
and laundry, for all personnel based at the US Embassy and other facilities in
Kabul.

Explosive Detection Dogs (EDD). Providing EDD and handlers for improved
access point and perimeter protection.



The substantial ArmorGroup team will work closely with representatives from the
US Government, the diplomatic mission in Kabul and the Afghan authorities.



ArmorGroup is one of the leading providers of defensive protective and security
consultancy services in Afghanistan and has been operating in the country since
2002. The Group already has over 600 highly qualified employees in Afghanistan,
carrying out over 900 missions a month, supporting a growing number of
commercial, governmental and NGO clients. The Group was also recently re-awarded
the $30 million annual contract to provide security services to UK Government
personnel and assets in Afghanistan.



ArmorGroup is a provider of security services to US and UK embassies and
facilities in countries such as Afghanistan, Bahrain, Cote d'Ivoire, Ecuador,
Jordan, Namibia, Nigeria, Rwanda and Uganda.



Dave Seaton, ArmorGroup's Chief Executive Officer, commented:



'We are tremendously pleased to have been awarded this important, long term
contract in a fast growing private security market. We have worked closely with
the US Government for many years, supporting and protecting their personnel and
facilities all over the world. Combined with our other major contract wins in
the country over the last few months, we are now one of the largest operators in
Afghanistan. We look forward to extending this position further as the market
continues to grow. '

G D Potts - 02 Apr 2007 08:56 - 45 of 57

$189 Million 5 year contract - this should help create a new level for the SP before the profit takers kick in.

G D Potts - 02 Apr 2007 08:57 - 46 of 57

And aside from that the contract is huge - mobilising in the next 90 days - Armor really could be 150p - 200p in the next year.

G D Potts - 02 Apr 2007 20:55 - 47 of 57

Think we'll see a big rise tomorrow

G D Potts - 03 Apr 2007 15:42 - 48 of 57

well it wasnt big but breaking 100p s got to have some pyschiolgical value !

spitfire43 - 04 Apr 2007 07:15 - 49 of 57

All looks very positive from now on.

G D Potts - 11 Apr 2007 10:04 - 50 of 57

ArmorGroup International plc
10 April 2007



ArmorGroup International plc

Significant extension of UK Government contract in Afghanistan

ArmorGroup International plc, the leading international provider of protective
security services, today reports it has been awarded a $9.5 million extension in
the provision of security services it provides to the UK Government in
Afghanistan.


The initial contract, which the Group announced on 29 November 2006, was worth
around $30 million per annum, but due to additional requirements agreed during
the transitional process this contract has now been increased to $38.5 million
per annum.


ArmorGroup has also been awarded a $1 million contract to provide police mentors
and advisers in Helmand Province for at least eight months.


The main contract started on 1 January 2007 and ArmorGroup now provides the UK
Government with three distinct services in Afghanistan:


- Static guard services. Former Gurkha soldiers and Afghan guards protecting
personnel and assets at a number of sites including the British Embassy and
British Council Compound in Kabul.

- Mobile security services. Operationally experienced and SIA-accredited
Close Protection officers protecting UK Government employees as they move
around Afghanistan.

- Police mentoring services. Former British police officers will be
providing mentoring and consultancy services to the Afghan National Police.


ArmorGroup is the leading provider of defensive protective and security
consultancy services in Afghanistan and has been operating in the country since
2002. The Group currently has over 600 highly qualified employees in
Afghanistan, carrying out over 900 missions a month, supporting a growing number
of commercial, governmental and NGO clients.


Dave Seaton, Chief Executive Officer of ArmorGroup, commented:

'We are proud to be able to continue to support the UK Government in its
endeavour to redevelop Afghanistan. Our ability to rapidly extend our
activities in support of the UK Government in Afghanistan highlights the
benefits of our comprehensive infrastructure in the country and the strength of
our Human Resources and logistics functions in London. We anticipate further
opportunities presenting themselves following future international investment in
Afghanistan.'


For further enquiries please contact:


ArmorGroup International plc

Dave Seaton

Chief Executive Officer

Tel: +44 (0) 20 7808 5800

G D Potts - 11 Apr 2007 10:05 - 51 of 57

1 more contract to add to their already sizeable contract wins over the last year. 150 my new price target.

G D Potts - 17 Apr 2007 20:04 - 52 of 57

And another extension.

ArmorGroup wins 7 mln usd contract extension to train US defence dept
AFX


LONDON (Thomson Financial) - Defence services group ArmorGroup International PLC said it has won a 7 mln usd extension of its contract to provide specialist training to the United States Department of Defence (DoD).

The company said it won the contract in conjunction with Hazard Management Solutions Ltd, with whom it is working closely to develop a wide range of courses for specialist units.

ArmorGroup said these courses will include training on the growing threat of improvised explosive devices.

TFN.newsdesk@thomson.com

G D Potts - 23 Apr 2007 14:50 - 53 of 57

The annual report is also out on their website should you so desire to read it.

HARRYCAT - 27 Nov 2007 09:17 - 54 of 57

Down 35% on the following news:

LONDON (Thomson Financial) - "ArmorGroup International PLC said its operating profit for the year to end-December will be lower than the 10.6 mln stg reported in the year-ago period, and announced that chief executive David Seaton is stepping down with immediate effect.

The company, which has been hurt by a major commercial deal in Iraq that has not built up significantly, has already started to reorganise and reduce its cost base related to this country, and believes its action will be positive on its operating margins in the first half of 2008.

Further, the security services supplier said continuing issues with administrative and human resource requirements for a US embassy contract in Afghanistan has had a significant impact on profits of its Afghan operations.

However, the London-listed company, which recently restructured its management team involved in the Afghan contract, said it expects this strategic project to be profitable in the early part of 2008.

ArmorGroup also said it will have to write off 2 mln usd if it fails to complete a strategic acquisition it has been holding extensive discussions about for some months."

G D Potts - 27 Nov 2007 10:43 - 55 of 57

I sold for around 40% profit at 99p earlier this year. Thought they were looking cheap but this announcement puts a lot of doubt into that. They're having severe trouble getting clients to mobilise contracts (Thats when Armor starts getting paid) so the setbacks are unsuprising.
  • Page:
  • 1
  • 2
  • 3
Register now or login to post to this thread.