Billing Service Grp DL 1 (WKN: A0ERT0)

http://www.advfn.com/...226&period=8&dm=0&symbol=L%5EBILL

RNS Number : 0694A
Billing Services Group Limited
01 October 2009



NEWS RELEASE


01 October 2009


Billing Services Group Limited
('BSG' or the 'Company')
Further Debt Reduction


BSG, a leading provider of clearing, settlement, payment and financial risk
management solutions to the telecommunications industry, today announces the
repayment of $750,000 of its senior debt, under the terms of its Credit
Agreement, made on 30 September 2009. Accordingly, at close of business on 30
September 2009, total outstanding senior debt stood at $82.9 million.




END  

... von Sven auf UVS. :-)

CCLSC  

http://www.advfn.com/...1252&article=41581895&symbol=L%5EBILL

RELEASE

         Moody's Investors Service Raises its Term Loan Rating to Ba3


SAN ANTONIO, TX, USA (February 16, 2010) - Billing Services Group Limited ("BSG"
or the "Company") today announced that Moody's Investors Service has upgraded
the rating on the senior secured term loan at the Company's subsidiary, Billing
Services Group North America, Inc., from B1 to Ba3. In addition, Moody's
affirmed the corporate family rating of B1.

"I am delighted to report Moody's favorable rating action, reflecting the
Company's high interest coverage, low leverage and steady debt reduction," said
Greg Carter, CEO of BSG. "This comes as a result of the Company's focused
financial strategy and the hard work of every BSG employee. Our debt reduction
program has contributed significantly to the equity value of the Company and we
intend to continue to review the capital structure of the Company and its
distribution policy to ensure that the returns to shareholders are maximized."
                                     ###
BSG, headquartered in San Antonio, Texas, USA and traded on the London Stock
Exchange (AIM: BILL), has been a leading provider of clearing, settlement,
payment and financial risk management solutions to the telecommunications
industry for more than 20 years.  For more information, please visit
www.bsgclearing.com.

Inquiries:

Billing Services Group Limited                              +1 210 949 7000
Greg Carter
 

Billing Services Group: Umsatzwachstum von zuletzt 1.700% p.a. 25. Mai 2010
Vom Erfolg des neu lancierten Online-Bezahldienstes BILL2PHONE hängt ab, ob der Aktienkurs von Billing Services Group mittelfristig durch die Decke gehen wird. Um BILL2PHONE möglichst rasch auf breiter Front im Markt zu etablieren, geht das eigens hierfür aufgestellte Verkaufsteam derzeit jedes große amerikanische Unternehmen an.

BSG Billing Services Group
Das Umsatzwachstum von zuletzt 1.700% p.a. deutet darauf hin, dass sich beim Online-Zahldienst BILL2PHONE der Durchbruch ankündigt
ISIN BMG110261044/ AIM Symbol “BILL”
25. Mai 2010
© Swen Lorenz, Undervalued-Shares.com
Vom Erfolg des neu lancierten Online-Bezahldienstes BILL2PHONE hängt ab, • ob der Aktienkurs von Billing Services Group mittelfristig durch die Decke gehen wird. Um BILL2PHONE möglichst rasch auf breiter Front im Markt zu etablieren, geht das eigens hierfür aufgestellte Verkaufsteam derzeit jedes große amerikanische Unternehmen an. Die Rückmeldungen der potentiellen Kunden seien „positiv“. Derzeit laufen u.a. Verhandlungen mit einem potentiellen Kunden, der BILL2PHONE einem Publikum von sage und schreibe 40 Millionen Endkunden anbieten würde.
Nachdem BILL2PHONE im Jahr 2009 einen um 1.700% gestiegenen • Spartenumsatz erzielt hat, dürfte im laufenden Jahr weitere Dynamik in diesen neuen Geschäftszweig kommen.
Unterdessen wirft das Stammgeschäft weiterhin einen hohen Cashflow • ab. Meine Schätzungen für 2009 gingen von 140 Mio. US$ Umsatz und rund 40 Mio. US$ EBITDA aus (siehe Bericht vom Januar 2010). Mit einem tatsächlichen Umsatz von 146,5 Mio. US$ und einem EBITDA von 38,9 Mio. US$ erfüllte das Unternehmen die Erwartungen.
Bei einem Kurs von zuletzt 18,50 GBP-Pence wird die Aktie gegenwärtig nur • mit dem 3,7fachen des konservativ geschätzten 2010’er EV/EBITDA von 35,5 Mio. US$ bewertet. Auf Basis einer vorsichtigen Gewinnschätzung für 2010 von 2,5 GBP-Pence je Aktie liegt das KGV bei niedrigen 7,2. Nach wie vor bewertet die Börse nicht einmal das vorhandene Kerngeschäft ausreichend hoch. Das gesamte Potential von BILL2PHONE gibt es umsonst obendrauf. Zudem dürften sich die Cashflow- und Gewinnschätzungen im weiteren Jahresverlauf als zu niedrig erweisen.
Hawkeye, der öffentlichkeitsscheue New Yorker Hedgefund, hat den zeitweisen • Verkaufsdruck genutzt, um den eigenen Anteil um rund 1% auf zuletzt 17,75% aufzustocken.
Für den Durchbruch der Aktie scheint nur noch der ersehnte Abschluss • mit einem ersten großen, publikumswirksamen Kunden zu fehlen. Dem gegenwärtigen Verlauf der Dinge zufolge scheint dies jetzt nur noch eine Frage von Monaten zu sein. Das Papier weist wegen des hohen nachhaltigen Cashflows nach unten kaum Risiko auf. Setzt sich BILL2PHONE tatsächlich auf breiter Front als neuer Online-Zahldienst durch, ist der Kurs nach oben offen.....11Seiten geballte Info


http://de.undervalued-shares.com/tasks/render/...930-B480F47F198DE687

...buy, buy.

.....wohl ein Grund (u.a) für die leichten Kursverluste---unter ganz dünnem Volumen


Every few years I get calls about cramming. Then the complaints die down. Well, they're baaaaack.

Cramming is the term used for unauthorized charges on phone bills. These charges appear under the heading "third-party providers."

Howard Boyar, 71, of Cape Coral recently sent me a copy of his phone bill with the $14.95 charge from ESBI "on behalf of TriVoice International."

The next day I talked to Thomas Lehne, 79, of Cape Coral, who also was charged $14.95 by ESBI.

Both men were able to get CenturyLink - their phone company - to remove the charges. But neither was satisfied and both wondered if there were unsuspecting victims who hadn't taken a close look at their bills.

ESBI is a division of the San Antonio-based Billing Services Group (bsgclearing.com). Spokeswoman Leslie Ausburn said the company bills on behalf of smaller companies for services such as subscriptions, web hosting and data services. The charges run through phone bills instead of credit cards or PayPal.

Ausburn said customers can dispute the charges and receive a credit on their phone bill in one or two billing cycles.

The same thing happens if you call CenturyLink. Which is why CenturyLink customer service advised Boyar and Lehne to pay the entire bill and wait for the credit refund.

Lehne did that, reluctantly. Boyar subtracted the $14.95 from his bill, paid it and canceled his CenturyLink service.

"I'm not waiting two months to get my money back," Boyar said. What if thousands of people paid $14.95 and then waited two months? CenturyLink could "live off the float," Boyar said.

Federal law requires CenturyLink to permit companies to bill through phone bills. The law was set up to foster competition, allowing small companies to sell digital services and use the phone company's established billing system.

But I think it makes the customer's phone bill a conduit for scams.

CenturyLink screens third-party vendors, said spokesman Brian Hamman. If a vendor engages in fraudulent billing, Hamman said, their agreement is terminated.

Ausburn said Billing Services has few complaints considering the millions of bills that go out. She said most of the time, when investigating claims of unauthorized charges, they find someone had buyer's remorse or didn't want to admit to signing up for a service.

But I've seen how some online sellers work. Often it's not clear you're agreeing to a monthly charge when you answer a survey, take a quiz or enter a contest.

If you have a third-party charge on your phone bill and it's not something you ordered, call CenturyLink and the number listed for billing inquiries for the third party. Tell them you want an immediate credit.

Then report the third-party billing company to the FTC. You can do that by calling 877-382-4357 begin_of_the_skype_highlighting              877-382-4357      end_of_the_skype_highlighting  

Aktuelles Update von Swen Lorenz, mit Erläuterung zu
den Betrugsvorfällen über Tefefonrechnungen.

Zahlen sollen laut Update im März oder April bekanntgegeben werden, wie BSG
2010 gewirtschaftet hat(war das erste volle Jahr, indem Bill to Phone durchgehend
vermarktet wurde)  

http://www.iii.co.uk/investment/...:BILL.L&display=news&it=le

February 24, 2011



Billing Services Group Limited

('BSG' or the 'Company')

General Meeting Requisition



The Company announces that it has received a notice requesting that the Company convene a general meeting to consider resolutions to remove Patrick Heneghan, Thomas Richter and Admiral Leighton Smith as directors of the Company and to appoint Denham Eke and Swen Lorenz as directors of the Company. The requisition is signed by representatives of Pershing Nominees Limited, a registered shareholder holding common shares in the Company for the benefit of Manx Financial Group plc, Galloway Limited and Mr Jim Mellon.

...auch mal eingestiegen.
20.000 zu 0,107€.

Wenn der Swen jetzt die AG begleitet,
dann ist das schon mal ein weiters gutes Zeichen.

Die Bilanzzahlen sind ja eh Super.

---------------
nekro, altes Haus, hier mal nicht am rumstänkern?

...wird jeden Tag niedriger angesetzt.

Selbst wenn ein Handel stattfand, ist der nächste Briefkurs 3 oder 4 Zehntelcent niedriger als der letzte.

Will da unbedingt jemand seine Aktien unter Wert verkaufen?
Tag für Tag?

May 10, 2011 - BSG (AIM: BILL), a leading provider of clearing, settlement, payment and
financial risk management solutions to the telecommunications industry, merchants and
online stores, today announces that the General Meeting of the Company due to be held at the
offices of Reed Smith LLP at The Broadgate Tower, 20 Primrose Street, London EC2A 2RS,
United Kingdom on the 16th of May 2011 at 10.00 a.m. local time has been cancelled.
Notification of this cancellation has been sent to all shareholders.
BSG also announces the appointment of both Denham Hervey Newall Eke and Rayan
Ramesh Joshi as non-executive directors of the Company effective May 10, 2011.
Mr. Eke, 59 years of age, is the managing director of Burnbrae Group Limited, a private
investment company. Mr Eke started his career in stockbroking and insurance with Sheppards
& Chase and then Hogg Robinson plc. Over the last 15 years he has held directorships of a
large number of companies, principally involved in equity investments, property ownership
and management, and hotel operations, where he has been tasked with rationalising and
restructuring operations to enhance profitability. Mr. Eke is Chairman of Webis plc; CEO of
Speymill plc; CFO of Emerging Metals plc and Copper Development Corporation; and a
director of ARBB AG and Rivington Street Holdings plc. He is CEO of Manx Financial
Group plc, which together with Mr. Jim Mellon are interested in 66,395,600 common shares
in BSG, representing 23.7%....
http://www.bsgclearing.com/files/...ral_Meeting_and_Board_Changes.pdf

Number of Shares
14,049,666
Henderson Global Investors Limited
12 April 2011

http://www.bsgclearing.com/files/...g_Services_Group_Plc_11_04_11.pdf

Wo kann man am besten kaufen ?  

 

...announces the prepayment of $2.0 million of its senior debt made on August 31, 2011. Accordingly, at the close of business on August 31, 2011, total outstanding senior debt was $44.0 million...

http://www.bsgclearing.com/files/...rther_Debt_Reduction_09_01_11.pdf

---------------------
Significant Shareholders*
Name Shareholder %
Jim Mellon 24.98
Hawkeye Capital Management 18.55
Utilico 14.61
Hartley SIPP 5.50
Universities Superannuation Scheme 5.40
Henderson Global Investors Limited 5.12
Phipps & Company, LLC 5.07
Regent Pacific Group Limited 3.20
David Martin Cotton 3.06



http://www.bsgclearing.com/investors/shareholder_information/

Billing Services Group Limited
(“BSG” or the “Company”)
Unaudited interim results for the six months ended June 30, 2011
STRONG CASH FLOW ALLOWS FOR ONGOING DEBT REDUCTION AND FAVORABLE REFINANCING
TRADING IN LINE WITH EXPECTATIONS
(September 12, 2011) San Antonio, Texas -- BSG, a leading provider of clearing, settlement, payment and financial risk management solutions to the telecommunications...


 Generated $9.2 million of cash from operations
 Reduced overhead expenses by $2.3 million, largely as the result of personnel reductions and other restructuring actions initiated in 2010
 Reduced outstanding debt by $12.8 million, for a period-end balance of $48.0 million (December 31, 2010: $60.8 million)
 Refinanced debt on more favorable terms, including lower interest rate, lower required annual principal payments and one-year extension of maturity date
 Incurred $3.5 million of pre-tax expense ($1.7 million in non-cash accelerated amortization) in connection with the debt refinancing...


http://www.bsgclearing.com/files/...e_June_2011_Interim_Results_1.pdf

BSG, a leading provider of clearing, settlement, payment and financial risk management solutions to the telecommunications industry, merchants and online stores, announces the prepayment of $2.0 million of its senior debt made on November 30, 2011. Accordingly, at the close of business on November 30, 2011, total outstanding senior debt was $39.6 million. This balance...

!!!!!!!!reflects cumulative payments of $21.2 million since January 1, 2011, when the Company’s outstanding balance totaled $60.8 million!!!!!!!!!!


http://www.bsgclearing.com/news_press/press_releases/

...announces the payment of $3.6 million of its senior debt made on December 30, 2011.  This amount included a $2.4 million mandatory prepayment and a $1.2 million voluntary prepayment.  Accordingly, at the close of business on December 30, 2011, total outstanding senior debt was $36.0 million.  This balance reflects cumulative...http://www.iii.co.uk/investment/detail/...ticle&articleid=8457938

(March 29, 2012) San Antonio, Texas – BSG, an approximately 70-employee billing clearinghouse for the telecommunications industry, merchants and online stores, announced today that the Federal Trade Commission (the “FTC”) has initiated an action in federal court in San Antonio accusing the Company and its subsidiaries of violating the terms of a 1999 settlement with the FTC relating to the Company’s billing for enhanced service offerings provided by third-party vendors. The settlement is described in Avery Communications’ Form 10-KSB filed with the SEC in 2001.
“We are extremely disappointed by the allegations made by the FTC,” said BSG’s Chief Executive Officer Greg Carter. “We have devoted substantial resources to quality control in billing operations to comply with both the spirit and the letter of the settlement with the FTC as well as the requirements of local phone companies. We believe that our operations fully comply with the terms of the settlement.”
The FTC complaint relates to nine enhanced service products provided to consumers by third-party vendors during the period from 2006 to 2010 for which BSG provided billing services. The FTC seeks an order to show cause why the Company and the named subsidiaries should not be held in civil contempt and ordered to pay a sanction of $52.6 million, which amount is based on the net amount charged by third-party service providers to consumers for the nine enhanced service products. The Company believes that the FTC’s action is without merit, legally and factually, and it intends to vigorously defend itself in this matter.

Quelle: www.bsgclearing.com  

Am gleichen Tag kam auch noch diese Nachricht:
AT&T Notice Regarding Enhanced Services
(March 29, 2012) San Antonio, Texas – Billing Services Group Limited, a billing clearinghouse for the telecommunications industry, merchants and online stores, announces that it has received notice that AT&T will cease billing for enhanced services effective August 27, 2012.
Inquiries:

Quelle:
http://www.bsgclearing.com/files/...SG_Press_Release_-_ATT_032912.pdf  

April 2, 2012
Billing Services Group Limited
('BSG' or the 'Company')

The Company was informed on March 30, 2012 that on March 29, 2012, Hawkeye Capital Management acquired 1,000,000 ordinary shares of the Company at a price of 3.15p. Following this acquisition, Hawkeye Capital Management has an interest in 52,963,471 ordinary shares in the capital of the Company representing 18.9% of the Company’s issued share capital.
Mr. Rayan Joshi is an analyst at Hawkeye Capital Management and a non-executive Director of the Company.
END

-------------------------
-------------------------

April 5, 2012
Billing Services Group Limited
('BSG' or the 'Company')
Shareholder Notification
The Company was informed on April 4, 2012 that on that date, Phipps & Company, LLC acquired 1,000,000 ordinary shares in the Company at a price of 2.47p. Following this acquisition, Phipps & Company, LLC has an interest in 15,203,860 ordinary shares in the capital of the Company representing 5.43% of the Company’s issued share capital.
Mr. Norman M. Phipps is the Chief Financial Officer of the Company and the owner of Phipps & Company, LLC.
END

-----------------------
-----------------------
Annual Report

http://www.bsgclearing.com/files/..._Years_Ended_December_31_2011.pdf

NEWS RELEASE                                                                                                For Immediate Release



Billing Services Group Limited
('BSG' or the 'Company')

Change of Director Role and Reconfirmation of 2012 Guidance



(April 20, 2012) San Antonio, Texas - BSG, a leading provider of clearing, settlement, payment and financial risk management solutions to the telecommunications industry, merchants and online stores, announces today that Mr. Greg Carter will step down as Chief Executive Officer of the Company on May 31, 2012 and become a non-executive Director of the Company with effect from that date.



As set out in the recent statement of annual results, the Company has continued to take a number of expense reduction initiatives in light of the industry environment and remains committed to taking appropriate countermeasures to ensure the continuation of strong cash flow and ongoing debt reduction. Mr. Carter's move to a non-executive position is just one such measure. Mr. Norm Phipps, the Company's Chief Financial Officer, will additionally assume the role of Interim Chief Executive Officer and join the Company's Board with effect from May 31, 2012.



The Company set out its expectations for the year ending December 31, 2012 in its statement of March 27, 2012. This guidance included estimated revenue of $74.0 million to $77.0 million and EBITDA of $16.5 million to $17.5 million.  The financial impact associated with the previously announced cessation of enhanced services billing should not occur until later this year, and accordingly, the Company continues to believe that the performance for the current financial year will be within the guidance previously issued.



Commenting on this announcement Mr. Carter said, "Since joining BSG in 2004, I have had the distinct privilege to work with the finest employees in the industry and together, we achieved great success over the past eight years.  While the Company faces some difficult challenges, I have full faith and confidence in Norm and the management team to once again succeed and position BSG for future growth.  I am also pleased to remain with the Company as a member of the board of directors."



The Company's non-executive chairman, Pat Heneghan, said, "Greg has served BSG well in many capacities and I am delighted that he will remain on the board as a non-executive director.  We are grateful for his leadership since becoming CEO in 2008."


Mr. Norm Phipps, age 52, is the Managing Partner of Phipps & Company, L.L.C., which is interested in 15,203,860 ordinary shares in the capital of the Company. Mr. Phipps has been a director of Burle Technologies, Inc. within the last five years.  There are no further matters to be disclosed pursuant to paragraph (g) of Schedule 2 of the AIM Rules.  

http://finance.yahoo.com/q/bc?s=BILL.L+Basic+Chart&t=1d