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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

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.

Still Waiting - 16 Sep 2004 22:31 - 29 of 38

Volume up again, indicators starting to turn, just need positive corporate news to send it on its way..

snip24 - 21 Sep 2004 12:07 - 30 of 38

SHE'S GONNA BLOW!!!!!!!!!!!

snip24 - 21 Sep 2004 14:55 - 31 of 38

10% UP AND A LOT MORE TO COME!!!!!

Still Waiting - 21 Sep 2004 15:12 - 32 of 38

Long overdue, this could be the start of the re-rating.....

Still Waiting - 22 Sep 2004 09:51 - 33 of 38

Break out continues this morning, on-line buying restrictions still in place..

hornster - 22 Sep 2004 11:23 - 34 of 38

theres a large buyer in the market!!

Still Waiting - 22 Sep 2004 12:03 - 35 of 38

Tree shake attempt underway...

Volumes on the up again......

ateeq180 - 22 Sep 2004 20:04 - 36 of 38

any news in the pipe line?

Still Waiting - 23 Sep 2004 10:51 - 37 of 38

Nexus acq'n completion & trading update expected in near future..

Still Waiting - 29 Oct 2004 19:23 - 38 of 38

Looking to break-out now IMHO.

Any news next week and this will be on its way to new highs..
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