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Dis-parity? (PTY)     

pd1000 - 18 Sep 2004 09:25

This is a funny one; now that the results are out, what do investors think? This stock is at mid-recovery level - and yet the company has posted a profit after a 14m loss last year. Some are even predicting with measure that the price will hit 100p in the next 24 months (given fair to good market conditions). Yet, the knee-jerk to results was negative, based on training downturn. But recruitment looks good at PTY.

Any other holders here? Any other views?

hangon - 20 Jan 2005 10:27 - 9 of 54

This stock seems to go from bad to worse.
Can you imagine a street-vendor selling Xmas wrapping in Summer (or hot chestnuts, for that matter?)...No - they match their wares to what the Market demands most.
PTY needs to focus on what a straw-poll of its customers (would reveal) wants - then satisfy it...if necessary by buying in the product until they can deliver their own in a customised format...it's no good pouring more money into the hole, you'll never stop the leak.
Pty was a mighty-high rated share and this current level looks to be following Marconi, Jarvis, Mayflower and others that lose their way.
I don't hold Parity - it was too expensive then and it still looks like losing me money.

hangon - 25 Jan 2005 12:03 - 10 of 54

Whoah there!, I have now bought some PTY - it just seems that it might be in Recovery and therefore worth a punt, mindyou. Today I see the price has edged up but it may take a while before others jump aboard, as punters are dreadfully slow (I am myself) once burned. Just thought I should put the Record straight for anyone reading this.

StarFrog - 08 Feb 2005 09:45 - 11 of 54

Quite a few buys going through this morning. Something's up.

Fred1new - 08 Feb 2005 10:49 - 12 of 54

Suggested as a recovery buy by Techinvest.

You pays your money and takes your chance. It cost me I got out to late I should have trusted my water and got out earlier. If the company survives it will do well. But it has promised for far to long for me. Wait until it is trending up for a few months!!!!

Fred1new - 08 Feb 2005 10:50 - 13 of 54

pd1000 - 09 Feb 2005 03:06 - 14 of 54

Interesting surge today - 2.2m purchgase unaccounted for, too. With Morth Atlantic Value continuing to accumulate, it would take a brave private investor to overlook PTY. Sure, the immediate prognosis is not excellent, but 4m buys today, and a high corporate presence in this company attracts me. I'm in at an average of 10p; I almost sold at 7p a couple of days ago, so I'm grateful for tday's rise which, I believe to be on the back of solid buying rather than rumour. Break-up of the company could see a sale price of anywhere between 12-30p imho.

pd1000 - 10 Feb 2005 00:24 - 15 of 54

Something's happening .. and it's happening right now

StarFrog - 10 Feb 2005 13:10 - 16 of 54

....aint got time to wait .....

pd1000 - 11 Feb 2005 01:14 - 17 of 54

or ... too late to seek it ...

snappy - 23 Mar 2005 15:31 - 18 of 54

oh dear, this news item coincided with a slip in the share price, more bad news over the horizon?

23 March 2005

Parity Group plc

Notice of results

The announcement of Parity Group plc's preliminary results for the year to 31
December 2004, previously scheduled to take place on 30 March 2005, will now be
announced in mid April 2005.

Issued by:

Financial Dynamics Telephone: 020 7831 3113
Giles Sanderson
Harriet Keen

derwent - 23 Mar 2005 16:23 - 19 of 54

Checked with Financial Dynamics and they say the new boss is carrying out a strategic review and this gives him more time to sort out the internal changes to turn company back on track

hightech - 23 Mar 2005 17:00 - 20 of 54

Back on track!! costly or not?

derwent - 23 Mar 2005 23:56 - 21 of 54

Just a few of my thoughts as a loss making shareholder.
So where next with Parity?
North Atlantic have bought in.
What do they know about the company?
Can Phillip Swinstead turn the company round?
Does he need to find a way to raise capital to turn the company round via banks or a rights issue?
I would be be prepared to put more money into the company to assist any reorganisation.
Is he planning to sell off the loss making training section?
Have the 60 head office staff been sacked?
Are they negotiating a take over deal either by management or an outside deal?
Am I just being silly and Phillip is in the process of sacking a number of middle managers inorder to make it profitable?
All this and more will hopefully be answered the middle of April.

skreen - 28 Mar 2005 15:22 - 22 of 54

I would like to point out that I dealt with this conpany as a customer and I have never come across such unprofessional and chaos. All talk and no delivery!! How can it maintain its customer base I do not know. While they are perhaps too cheap to short CFD's given its low sales to capitalisation ratio I definitely would not recommend anybody buy them.

StarFrog - 19 Apr 2005 09:46 - 23 of 54

If you bought Parity first thing this morning your laughing now. Pity I didn't.

hightech - 19 Apr 2005 10:00 - 24 of 54

Over 3 bettter than their update three month ago. How much was it then?

The Oxman - 19 Apr 2005 11:40 - 25 of 54

looks a long haul but recovery is coming - expecting a relief bounce back towards 10p and on a longer term view I think you you could see very significant gains here. high risk but I will continue to hold.

pd1000 - 27 Aug 2005 12:21 - 26 of 54

I suspect we will see an RNS next week after Thursday's activity. Any rumours?

hangon - 08 Sep 2005 01:21 - 27 of 54

Not much sp movement here, or anywhere - is the co undergoing a major refit, or just dossing down for the winter. I read no rns and so really know nowt. Anyone a customer?

Janus - 02 Dec 2005 12:45 - 28 of 54

Wow whats going on here ?
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