We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Profit up, revenue up, SP up.
Strong buying interest today with a .2970p buy at close..... Volumes backing a share price high = always a good bullish sign :)
movement. no vols tho.
Interesting couple of days. Big volume today. Glad I didn't sell these in my recent dash for cash. Something may be brewing.
Most things in life are relative, as are trading volumes and market interest. ARC at the best of times is an ill liquid share and many days with no trades. Given the ARC price activity today given the global markets, this is all the more unusual. We have had a new 5 year closing midprice high and ARC has moved about 0.0004p on circa 6m volume. Share base is over 1.5b. Therefore, significant hidden buying pressure and no sellers it appears. I have been in ARC for about 2 years or thereabouts now and it strikes me as unusual and intriguing movement and and activity. We'll know in hindsight.....
Do not think there is something afoot when only c£15K shares traded. However, enforces feelings that co is undervalued. Multi is abso. correct in saying share consolidation is needed, suggest 20;1, giving sp of about 5p and c75M shares in issue, of which 60% are free..
Something afoot ? :)
About time too.....a few decent trades (a couple of million at a time) over the last few weeks and some at full ask. Augurs well particularly when the rest of the market is dire. Maybe, just maybe we may start to move upwards - here's hoping :)
Debt free, conservatively run and managed, low profile Profit making, recurrent and predictable revenue stream £1.07m circa cash as per recent annual accounts, low employee headcount Bank if International Settlements, Bank of England, Central Banks, HM Treasury Debt Management, Tier 1 Banks (Citibank, Deutsche Bank as far as I know) and top global investment banks,financial instis as customers Global market, aiming for wider geographic footprint Market cap very undervalued Share price just above currrent EPS High Barriers to entry, scalable business with no major capex, niche segment with one major competitor (Contex) ARC products better value for money and ARC pursuing market of "conflicted customers disillusioned with bigger players" and want value for money New products being developed which will increase scope of addressable market High customer retention, with 3 year rolling contracts, unless cancelled Directors hold about 25% of equity One of UK Top Fund Managers Anthony Cross holds about 13.1% equity Legal process underway to cancel share premium account to enable payment of dividends in due course Share consolidation likely at some point, which will open the stock to fund managers Increased required for transparency and audit trail following LIBOR and other financial scandals Potential takeover target due to low market cap May use available funds for acquisition, organic growth market pretty big Recent Finncap new target of 0.30p - initial research note out in July 2015, target updated recently Appears to meet Liontrust Economic Criteria for investment Good luck :)
The company was clear that unless they were confident of sustainable profits they would not seek legal sanction to cancel the share premium account to enable dividend payments. The company has made about £350k profit and has recurrent revenues from sticky customers, a major contract win a few months ago and expanding both geographically and selling more to current customers. So organic growth in high single figures is likely. I added a total of 7m shares today....I am very confident about its medium to long term prospects and the prospect of a takeover cannot be ruled out given its niche segment in the fintech sector. Good luck all :)
Yeah, I think a regular and sustainable divi would put this on a few more radars
I feel that we cannot stay at this ridiculously low level for long....once divis are announced (as the legal process is under way to cancel the share premium account to allow payment of dividends) we should make good upward progress. Latest Fincapp target is 0.3p and still much to play for just to that stage... I have taken another 3.394293m :)
Courtesy of Taffy100 from the other thread 36.36 % to Target, finnCap Reiterates “Corporate” Rating for Arcontech Group PLC (LON:ARC) Stock hTTp://www.octafinance.com/36-36-to-target-finncap-reiterates-corporate-rating-for-arcontech-group-plc-lonarc-stock/
If the Company expectations are right, then the issue of share premium account cancellation should go through the Courts in the next few weeks and I hope we will know by the end of Nov 2015 what divis are going to be received.
We can all hope, but hugely unlikely IMHO ! On announcement of a decent dividend in the not too distant future (I am hoping before Christmas 15) I would expect that this could rerate to 0.3 to 0.4p. The company expects about 8% organic growth in the years to come. That is too conservative in my view and playing very safe given the reasons below.... Debt free £1.07m circa cash as per recent annual accounts Market cap very undervalued High Barriers to entry, scalable business with no major capex New products being developed which will increase scope of addressable market High customer retention, with 3 year rolling contracts, unless cancelled Over 112% of operating costs covered by recurrent revenue Directors hold about 25% of equity One of UK Top Fund Managers Anthony Cross holds about 13.1% equity Legal process underway to cancel share premium account to enable payment of dividends Profit making, recurrent and predictable revenue stream Central Banks, HM Treasury Debt Management, Tier 1 Banks and top global investment banks,financial instis, betting companies as customers Wide geographic footprint Increased required for transparency and audit trail following LIBOR and other financial scandals Fintech - a growing investment area for new funds coming on stream Potential takeover target due to low market cap May use funds for acquisition, organic growth market pretty big
Could this be the next tern which multibaged 20 times in one year so seeing 20p from the initial 1p hope so!!!
Some decent volumes today and biggish buys....may be we are finally ready to move.....two steps forward, one step back :)
Share buyback and cancellation is a way to reduce capital, particularly when management feel that the share value is attractive or underpriced in the market. It is sometimes used to trigger options as the EPS will go up. ARC is sitting on approx £1.07m, so that needs to be used judiciously. I get the feeling that ARC may be looking to make an acquistion. Either way, if the cancellation of share premium account goes through the legal process, then there would enough funds to cover the dividends comfortably. All the ARC contracts are rolling 3 year contracts unless cancelled, so there is strong revenue visibility and customer stickiness. I feel that the market will soon wake up to the underpriced gem, profit making (albeit small at this time), paying a dividend, having no debt and with Directors holding about 24.5% and sitting on £1m in cash ! Anthony Cross from Lion Trust is holding 13.1% - a very high holding from a fund manager in a single company. His track record is stellar. Let's see what the next few weeks bring, but I am hoping we will be in the early thirties before Christmas, if the share premium cancellation goes through.
Your welcome. I do not see it as a reduction in capital. I think there are thinking to transfer the premium acccount to distributable reserves. hence increasing likelihood of dividends. No share reduction is possible. It maybe possible to issue further shares to the original shareholders who paid the premium. But I dont see that as likely(hope not). BoD did previously refer to reclassification of reserves to facilitate dividends.
If dividends are distributed that would be a massive vote of confidence in the business propects going forward. The Directors have a decent amount of skin in the game (circa 24.75%) and would be wanting a return after all these years. So may be an one off special divi and then a token small dividend for starters :) Here's wishing !!
Very kind of you - many thanks. I have been able to locate the document under the Investors section of the Company website. They talk about reduction of capital (Resolution 6) and cancellation of share premium account. The question for me is whether if the share premium account is cancelled, are the underlying face value shares are also cancelled ? If that is the case, the number of shares will drop significantly and the corollary being the share price should move up to reflect this....any accountants on the board who can help please ?
bought 2.5m other day as per RNS. Presume other bought some today. IMO divis likely? Share premium account cancellation is first step to free up reserves.
1. Audited Accs to 30/6/15 be adopted. 2. Nexia Smith be reappointed as auditors 3. Louise Barton be re-elected as director Special Business: 4. Directors be authorised to allot shares upto £600k worth. 5. Dirs be empowered to allot shares above so long as upto £600k and not beyond/after 15 mths this resolution. 6. The share premium account be cancelled. Hope this helps.
I have a standing order with them to send me all the AGM papers for every company I hold - hence all the more surprising. Let us see....frustrating. On a brighter note,some upward movement. Could be fund buying or Director buying I would think.
You need to call brokers and ask them to set your account to receive agm notices etc for all your shares. Maybe too late for here but worth a try.