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PC Medics Group - To move into Profit. (PMG)     

SueHelen - 15 Apr 2004 14:25

Roger Richardson, Director, PMG (& Nexus Management Ltd): 12/01/04
"Merging with Nexus Management Limited is still something both companies want
to achieve and the synergies between the companies are now stronger without
the old PC Medics London business. Merging together companies can be an
expensive thing to achieve and it is important that we spend our money
wisely over the coming months.

I am pleased with the progress the company has made in the past 3 months
since the re-structuring and although not much news has been around lately
we will be soon announcing our AGM, which is an excellent opportunity for
the shareholders to hear our new plans."


The story so far.....
PC Medics started life in 1999 and underperforms expectations...

08/08/02
PC Medics and Nexus Management form an alliance.
(Nexus is doing well, but not profit making and turning over 5m/year- but unlisted, PC Medics is underperforming turning over 600,000 but listed)

10/09/02, 07/10/02, 23/12/02
Directors of PMG and Nexus (and family and friends) fund working capital for investment purposes by issuing shares at 0.6p (20% above market price). Roger Richardson, CEO Nexus, and Peter Paterson (former) CEO PC Medics invest heavily.
The above have invested over 500,000 pounds between them since merger announced and this had no effect on share price. Adding up for the directors (the board), they have bought over 1m pounds worth of shares since merger was announced...and this solid support gained no shareholder confidence (i.e. no increased buying).

24/12/02
Results are announced, and these are for PC Medics only....
(not very good results....but these are only for PC Medics) The results fail to take into account Nexus Managent, its 5m turnover and all its new business opportunities! This is when I first noticed PMG

02/01/03
'nothing to report here', extended silence while the future direction of the company is decided.

27/07/03
Change of advisors (get rid of PC Medic adviser appoint Nexus specified advisor?)

01/10/03
PMG (as PC Medics) is suspended, trading in shares is no longer possible. A restructuring is announced.

01/10/03
Current CEO of Nexus is appointed CEO of PMG. He starts to wind down the loss making PC Medics. PMG is effectively Nexus Management Ltd?

Next steps.....as I see them, feel free to disagree
PMG publishes its full results
PMG shares start trading
PMG announces purchase of equity in Nexus for 1 nominal plus 100m shares @0.6p
PMG is renamed. XYZ?
XYZ is now effectively Nexus Management ltd. with over 5m turnover in high technology area. XYZ has 7 strategic partnerships.
XYZ company suprises market by huge increases in turnover (by Year to Year comparison) ditching loss making operations?
XYZ company is actually very sound and has healthy cash balance from Directors funding and sale of PC Medics operations
XYZ share price rises over time as more strategic partnerships and solid financials are produced.
Directors and family make their money back plus interest, and those along for the ride from PC Medics days make a nice profit.....everyone happy! ?


What do Nexus Management do?
Provision of computer maintenance packages to small and medium sized businesses and the provision of IT remote access diagnostic services.

Website: Nexus Management

From their website
Founded in the United Kingdom in 1989, Nexus Management began as a communications services company specializing in implementing e-mail solutions for small and medium-sized businesses in the UK and Europe. Since then, Nexus has matured into a global provider of complete strategic and technical solutions for a number of international companies operating across a variety of business sectors.

Since 1995, Nexus has operated within a remote management framework, organizing virtual project teams comprised of staff working from offices around the globe. This allows us to provide consulting and technical support services regardless of the location of our clients. Through this approach, many of the services we offer are provided remotely via the Internet and our Virtual Private Networks (VPNs); for instance, our Help Desk is manned from two locations (Dornoch,Scotland and Brunswick,Maine),we are able to offer core business hours for PST,EST and GMT and will be extending these hours to 24x5 in the near future. VPN technology also enables the monitoring and management of clients Local and Wide Area Networks (LANs / WANs) anywhere in the world.

In 2002 Nexus opened its own world class data centre in the USA and now operates a full range of data centre services such as Network Monitoring, Disaster Recovery/Business Continuity, Online Remote Backup of critical data, Co-Location and Email Replication.

Nexus Management, Inc. (US), Nexus Management Ltd. (UK) and Nexus Management Consulting are wholly owned subsidiaries of the UK holding company Nexus Management, Ltd

Stats for PMG
Bank..........................Royal Bank of Scotland PLC
Financial Advisor.........Beaumont Cornish Ltd
Auditor.......................Saffery Champness
Solicitor......................Fladgate Fielder

Company members who hold shares at a purchase price of 0.6p per share.
Party.......................Ordinary Shares...Percentage of Share capital

Directors
Boris Adlam.......................3,387,124.....2.14%
Robin Parker.....................20,330,444....12.84%
Michael Rappolt...................1,000,000.....0.63%
Peter Weller........................650,000.....0.25%
Roger Richardson.................41,666,667....15.75%
Graham Stoddart-Stones...........25,000,000.....9.45%
Peter Paterson...................53,333,333....20.17%
Former Director
Tom Elliott.........................300,000.....0.11%
Friends and family of the Directors
Doug Parry........................1,366,667.....0.52%
Peter Dane........................1,033,333.....0.39%
Alan Richardson.....................166,667.....0.06%
Kensey Green......................3,333,333.....1.26%
Jamie Scott.........................433,333.....0.16%
Employees of Nexus Management Inc
Liz Merrill..........................21,368.....0.01%
Curtis Laupheimer...................213,675.....0.08%
Helen Gaudet.........................26,709.....0.01%
Donald Winckler...................2.136,752.....0.81%
George Safford....................2,136,752.....0.81%
TOTAL...........................156,536,157....59.19% (closely held at 0.6p)

CURRENT PRICE 0.85-0.95 PENCE.

Trades over 50,000 shares are delayed in reporting by 1 hour.

draw?showVolume=true&enableRSI=true&modedraw?plotType=Candle&epic=PMG

tfhyland - 16 Apr 2004 11:53 - 9 of 38

sue helen/optimist23/Angie from Money AM

How is your big tip doing? CMS Webview.


Surely you must remember ramping it to death a while back?

thesaurus - 17 Apr 2004 13:47 - 10 of 38

hey sue helen, can you tell me what your expectations foir this cfa is this up coming week. i always find your comments interesting. And on the contrary to tfhyland comments above i find that you rarely ramp a share

tfhyland - 19 Apr 2004 13:09 - 11 of 38

??????????

snap23 - 01 May 2004 23:27 - 12 of 38

Hi susie,
I Hold now just CFA from 0.35 and PMG from 0.58,just 2 now in my portfolio,,sick 2 death of day trading,I work but I personally believe
these are the two best in there,I want these to b my escape from the rat race,whats your thoughts,bought last year long term hold,nearly 2 mil a piece.

cheers sweety!!

mpw777 - 03 May 2004 12:18 - 13 of 38

i have watched pc medics for a long time but never invested. the company put into operation expansion plans ...and their financial position became even worse. i would not touch these shares with a barge pole....a barge pole which is now well worn

snap23 - 03 May 2004 18:51 - 14 of 38

MPW777,last RNS said in profit soon on a month on month basis,this company is not askin 4 money because its soon to b in profit,loads of companys out there are deep in debt and there shares are in orbit and this one is under a penny,do me a favour do some research b4 u post,thanks

Still Waiting - 14 Jul 2004 21:15 - 15 of 38

Time to get into these again, currently holding 500k but intending to accumulate more as the buying gathers pace....

SueHelen - 15 Jul 2004 00:10 - 16 of 38

RNS Number:3136A
PC Medics Group PLC
30 June 2004


FOR IMMEDIATE RELEASE 30 June 2004


P C MEDICS GROUP PLC ("P C Medics" or the "Company")

Appointment of Broker

P C Medics announces that Hoodless Brennan and Partners Plc has been appointed
as Broker to the Company with immediate effect.

P C Medics provides enterprise level IT services and solutions, delivering these
services cost effectively to small and medium sized companies. The new business
model and management team has successfully turned around the company in the past
9 months. P C Medics with its partner Nexus Management Ltd operates from a state
of the art data center in Maine, USA and has offices in London and Sydney with
60 employees delivering advanced network, security and productivity services to
it's global customers. The Company is now looking to roll out its solutions
further into the UK market.

For information please contact:

Boris Adlam and Roger Richardson, P C Medics Group PLC on: 01862 812 100

Nominated Adviser:
Roland Cornish, Beaumont Cornish Limited on: 020 7628 3396

Broker:
Jon Levinson, Hoodless Brennan & Partners Plc on: 020 7510 8654



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

END
APPQKKKDQBKDDAN

SueHelen - 15 Jul 2004 00:11 - 17 of 38

RNS Number:5029A
PC Medics Group PLC
06 July 2004


FOR IMMEDIATE RELEASE 6th July 2004



P C MEDICS GROUP PLC ("P C Medics" or the "Company")

ANNOUNCEMENT OF AUDITED RESULTS FOR THE YEAR ENDED 31 MARCH 2004


CHAIRMAN'S STATEMENT

The year ended 31 March 2004 proved to be a year of much change for the Group.
The market place showed some signs of recovery but during the first half of the
year remained weak. The second half of the year was considerably better but the
situation in the Middle East denting confidence across both of the Group's major
markets in the US and the UK. The performance of the Group in the second half of
the year, with special emphasis on the final quarter, was encouraging.

Summary of Results

Turnover rose by 102% to #1,160,363 compared to #574,561 in respect of the year
to 31 March 2003.


Cost of Sales increased by 38% to #591,427 from #426,879 in respect of the
previous year.


Administrative Expenses decreased 11% to #869,525 from #972,346.


The operating loss, before the profit arising on the reorganisation of the Group
as a result of the liquidation of Jetmount Limited (formerly PC Medics (London)
Limited, decreased 64% to #300,589 from #824,664 in the preceding year.


Net Liabilities increased from #74,375 at 31 March 2003 to #114,252 at 31 March
2004.


The second half of the year bought increases in turnover and a reduction in the
Administrative expenses. The majority of the losses in the second half of the
year, came in the quarter ending 31 December 2003 with the quarter that ended 31
March 2004, the Group recorded their first ever modest profit.


Current Trading and Outlook

The Major changes made to the structure of the Group in the UK and the opening
of the new business in the US in conjunction with its co-operation agreement
with Nexus Management have put the Group into a much better financial position
than 12 months ago.


The Group is now expanding its customer base in the US and UK markets, with the
repositioning of the company as a Managed Service Provider (MSP) to medium sized
companies leading to strong new customer acquisition. Clearly, the Group must
now build on these early signs of success and continue to grow the company's
profitability over the coming year.


The target market for the Groups services is companies with 100 to 500 employees
in multiple locations. The services help an over-stretched IT department to
provide a better service to their users, with a monthly service invoice instead
of a large capital expenditure bill and complex implementation cycle.


The profitable last quarter is a significant milestone for the Group to have
reached. I am sure you will join me in congratulating both the current
management and staff in the UK and the US for their hard work and dedication in
contributing to this major improvement in the Group's fortunes. The way ahead is
clear; we aim to deliver consistent profitability with dynamic growth in the
months to come.


Boris Adlam
Chairman

CONSOLIDATED PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2004

Continuing Discontinued 2004 2003
operations operations Total Total
# # # #

Turnover 746,126 414,237 1,160,363 574,561

Cost of sales (346,982) (244,445) (591,427) (426,879)
-------- -------- -------- --------

Gross profit 399,144 169,792 568,936 147,682

Administration expenses (628,281) (241,244) (869,525) (972,346)
-------- -------- -------- --------

Operating loss (229,137) (71,452) (300,589) (824,664)
-------- -------- -------- --------
Profit arising on discontinued - 166,050 166,050 -
Operations
-------- -------- -------- --------
(229,137) 94,598 (134,539) 824,664

Interest receivable and similar - - - 3,116
Income
Interest payable and similar
Charges (185) (267) (452) (3,000)
-------- -------- -------- --------
(Loss)/profit on
ordinary activities
before taxation (229,322) 94,331 (134,991) (824,548)

Taxation on loss on ordinary
activities - -
-------- --------

Loss for the financial period (134,991) (824,548)
======== ========

Basic loss per share (0.05p) (0.49p)
======== ========
Fully diluted loss per share (0.04p) -
======== ========

STATEMENT OF TOTAL RECOGNISED GAINS AND LOSSES
2004 2003
# #

Loss for the year (134,991) (824,548)
Currency exchange adjustment 21,658 -
-------- --------
Total recognised losses (113,333) (824,548)
======== ========


CONSOLIDATED BALANCE SHEET
AT 31 MARCH 2004

2004 2003
# # # #

Fixed assets
Intangible assets - -
Tangible assets 144,283 225,706
-------- --------

144,283 225,706
Current assets
Stocks - 4,176
Debtors 130,639 179,692
Cash at bank 43,722 16,215
-------- --------

174,361 200,083

Creditors: Amounts falling
due within one year (432,896) (498,889)
-------- --------

Net current liabilities (258,535) (298,806)
-------- --------
Total assets less current
Liabilities (114,252) (73,100)

Creditors: Amounts falling due
after more than one year - (1,281)
-------- --------
(114,252) (74,381)
======== ========

Capital and reserves

Called up share capital 661,439 630,830
Share premium account 2,124,580 2,081,727
Profit and loss account (2,900,271) (2,786,938)
-------- --------
Equity shareholders' funds (114,252) (74,381)
======== ========



CONSOLIDATED CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 2004

2004 2003
# # # #
Net cash outflow from operating
Activities (232,300) (659,750)

Return on investments and
servicing of finance
Interest received - 3,116
Interest paid (452) (3,000)
-------- --------
Net cash (Outflow)/inflow from
returns on investment and
servicing of finance (452) 116

Taxation - -

Capital expenditure and financial
Investment
Purchase of tangible fixed assets (13,048) (180,597)
Sale of tangible fixed assets 31,610 2,475
-------- --------

Net cash inflow/(outflow) for
capital
expenditure and financial
investment 18,562 (178,122)
-------- --------
Cash outflow before use of liquid
resources and financing (214,190) (837,756)

Financing
Issue of equity share capital 30,609 297,450
Premium on issue of share capital 42,853 416,431
Expenses paid in connection with
share issue - (40,519)
Capital repayment on finance
Leases (2,227) (5,251)
-------- --------
Net cash inflow from financing 71,235 668,111
-------- --------
Decrease in cash (142,955) (169,645)
======== ========


NOTES TO THE FINANCIAL STATEMENT
FOR THE YEAR ENDED 31 MARCH 2004


Loss per share

The calculation of the basic loss per share is based on the loss for the period
after tax of #134,991 (31 March 2003 #824,548) and on 264,201,561 (31 March 2003
restated 168,301,028) ordinary shares, being the weighted average number of
ordinary shares in issue during the period. The calculation of the diluted loss
per share is based on the loss for the period after tax of #134,991 and on
283,813,541 ordinary shares being the weighted average number of ordinary shares
including dilutive share options. No diluted loss per share has been calculated
for the previous year as the share options and warrants in issue were considered
to be non-dilutive because their exercise prices are above the current share
price.

Basis of Preparation

The above results for the year ended 31st March 2004 are an abridged version of
the Group's statutory financial statements, which have not been filed at the
Registrar of Companies and on which the auditors have issued an unqualified
report. The consolidated profit and loss account, consolidated balance sheet and
consolidated cashflow statement do not constitute statutory financial statements
within the meaning of Section 240 of the Companies Act 1985 (as amended).

The results for the year ended 31st March 2003 have been extracted from the
financial statements of the Group on which an unqualified report from the
auditors has been issued and which have been filed with the Registrar of
Companies.


Copies of this notice and the Report & Accounts are available from the offices
of Beaumont Cornish Ltd, Georgian House, 63 Coleman Street, London. EC2R 5BB For
a period of 30 days from the date hereof and are also available for download in
PDF format from PC-Medics Group Plc's corporate website at
www.pcmedics-group.co.uk

Audited accounts for the year ending 31st March 2004 are being posted to
shareholders forthwith.

PC-Medics Group Plc provides enterprise level IT services and solutions,
delivering these services cost effectively to small and medium sized companies.
Our new business model and management team has successfully turned around the
company in the past 9 months. PC-Medics with its partner Nexus Management Ltd
operates from a state of the art data centre in Maine, USA and has offices in
London and Sydney with 60 employees delivering advanced network, security and
productivity services to it's global customers. The company is now looking to
rollout its solutions more aggressively into the UK market.


For Enquiries: Roger Richardson, PC Medics Group Plc Tel: 01862 812100

Roland Cornish, Beaumont Cornish Limited Tel: 020 7628 3396






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


END

dell314 - 15 Jul 2004 07:29 - 18 of 38

Sue - what is the point of posting complete results statements??

Any investor should be able to find and read them, without you reposting them at intervals.

Wouldn't it make more sense to extract any pertinent pieces and comment upon them?

Rgds
dell

Still Waiting - 15 Jul 2004 20:36 - 19 of 38

Volume building, I'm expecting a Q1 update RNS to alert the market how they are now performing since profitability was reached...

Still cheap IMHO.

Still Waiting - 30 Jul 2004 19:30 - 20 of 38

With few people following this stock not many people spot the gentle build up we've been witnessing.

The same thing happened at CYH around the .0055 level, once it broke through 1p it quickly reached 4p.

With the same profitability announcement due at PMG and completion of the Nexus business this will soon pop up on a few peoples monitors.

Until then it provides a great opportunity to top up.

Good Luck

SW

Still Waiting - 02 Aug 2004 20:24 - 21 of 38

Buying continues to build, this looks set to pop!!

SueHelen - 19 Aug 2004 12:52 - 22 of 38

RNS Number:1312C
PC Medics Group PLC
19 August 2004


FOR IMMEDIATE RELEASE 19 August 2004


P C MEDICS GROUP PLC ("P C Medics" or the "Company")

AGM Statement

At the Annual General Meeting of PC Medics held at 11.00 am today, the Chairman,
Boris Adlam reported:

"I am very pleased to be able to celebrate with you the first Annual General
Meeting of your Company, PC Medics plc, where we are profitable across the
Group.

The year ending March 2004 was a turbulent one for the Group as a whole, but due
to sterling work of the senior executives and the staff worldwide we were able
to emerge significantly stronger. This was due in no small part to the fact that
the directors of your Company guaranteed an overdraft facility for the Group to
provide some much needed working capital. With the funds available for
expansion, PC Medics plc was able to report its first profitable quarter.

The ground was set for a further improvement in performance for the latest
quarter ending June 2004. Revenue and profit were up versus the previous quarter
and expenses were held flat. The group will be issuing un-audited accounts for
the six months ending September 2004 later this year.

Recently the Group has engaged the services of Hoodless Brennan & Partners plc
as its corporate broker. We are looking forward to the positive influence on our
Company that this new relationship will bring.

I hope to be able to bring some news in the near future with regard to our
relationship with Nexus Management Ltd, with whom we have been working in
co-operation for the last 2 years primarily in the US market although also in
Australia and the UK.

With many business leaders in Europe and the US forecasting a recovery in
spending on technology, the outlook for the group is much brighter now than at
any other time in its history. Thanks to the ongoing efforts of our excellent
staff we have a promising future ahead of us. Your confidence in us has been
appreciated and I hope will be rewarded in the months ahead."



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

END
AGMPLMTTMMMBBRI

SueHelen - 19 Aug 2004 12:54 - 23 of 38

LONDON (AFX) - PC Medics Group PLC said first quarter revenue and profit
were up against the previous quarter, while expenses were flat.
In an AGM statement, chairman Boris Adlam said: "I hope to be able to bring
some news in the near future with regard to our relationship with Nexus
Management Ltd, with whom we have been working in co-operation for the last 2
years primarily in the US market although also in Australia and the UK."
He said the outlook for the group is "much brighter now".
newsdesk@afxnews.com

SueHelen - 19 Aug 2004 21:49 - 24 of 38

Very good rise today after the bullish AGM statement release.

Investtech Analysis after today's close :

Neutral (Short term) - Aug 19, 2004
PC MEDICS GRP ORD 0.25P has broken the falling trend and reacted strongly up. For the time being, it is difficult to say anything about the future trend direction. The stock has broken up through the resistance at p 1.08. This predicts a further rise. In case of negative reactions, there will now be support at p 1.08. Poor liquidity (traded 86% of the days, mean 0.41 mill per day) weakens the analysis. The stock is overall assessed as technically neutral for the short term.

Neutral (Medium term) - Aug 19, 2004
Is within a rising trend, which indicates a continued growth. Has broken a resistance level in the short term and given a positive signal for the short-term trading range. The stock has support at p 0.88. The poor liquidity of the stock (traded 86% of the days, mean 0.41 mill per day) may weaken the analysis. The stock is overall assessed as technically neutral for the medium long term.

Neutral (Long term) - Aug 19, 2004
An approximate horizontal trend is broken up. A continued strong development is indicated, and the stock now meets support on possible reactions down towards the trend lines. The stock has support at p 0.60. The poor liquidity of the stock (traded 86% of the days, mean 0.41 mill per day) may weaken the analysis. The stock is overall assessed as technically neutral for the long term.

Still Waiting - 19 Aug 2004 21:54 - 25 of 38

Still holding then.

Managed to bag a few more yesterday, had a feeling the AGM would alert market to what's coming.

Good Luck

SW

SueHelen - 20 Aug 2004 08:09 - 26 of 38

Press mention : Today's Independent Newspaper.

MARKET MOVERS

PC Medics 1.07p (up 0.26p, 32.1 per cent). Announces its first profitable quarter to date.

http://news.independent.co.uk/business/analysis_and_features/story.jsp?story=553268

Still Waiting - 05 Sep 2004 19:27 - 27 of 38

With profitability now confirmed and the official Nexus merger now due this co. will start to get more investor interest.

It's been a long time coming but a re-rating is now well overdue..

SW

Still Waiting - 15 Sep 2004 22:18 - 28 of 38

Still no re-rating but volume slowly but surely starting to build.
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