Member Info for Barcap

I remember in 1992 Alan Sugar owned 35% of Amstrad and the share price had collapsed to 28p.
He tried to take it private for 30p a share by offering to buy the remaining 65%.
The city rejected it and just by coincidence a few months later Amstrad launched a world beating PC which sent the shares into the stratosphere.
Whether Alan Sugar knew he had a world beating product in the pipeline in HIS company (TIC) and tried to get the company on the cheap, the investors certainly didn't and thought the company was bombed out.
Is this a rerun at AWE?

My longer term view is that this company will eventually fail and go belly up.
The directors are clearly of very low quality and trustworthtness.
They took the IPO investors for a lot of money and I expect this to eventually disappear.... Who knows where!?
The directors have done well but everyone else has been screwed.

I assume its still KPMG

Unhooked,
Their accounts are probably as well run as their investor PR!

No wonder its chaos

2 weeks is quite a long suspension.
The auditors must have been miles off completion at the required date.

It will be interesting to see how the market reacts.
Being locked out of selling for 2 weeks is not a good position

This company is a total joke.
The results haven't been fully audited in time and so they are forced to suspend their shares from 2nd May to 12th May as they are breaching LSE auditing timescales.
Unbelievable!
As I've said many times, these people can't be trusted

Cheers
Barcap

Staffchief,
You say "...... Tomorrows trading update is expected to be good...."
Where is the evidence for this remark?

Cheers
Barcap

Yes, the results could prove interesting.
Sales of smoke and mirrors has gone through the roof at their accounts office this week.
Lol.
Cheers
Take care everyone
Barcap

The markets have taken a bit of a battering and VOL has managed to hold steady and move up.
Mainly underpinned by strong results and future earnings but also takeover rumours which eventually will come at some point.
Long term this is a no brainer so sit tight through the volatility.
The market makers love to shake the tree sometimes to get weak bulls to sell their VOL shares.
Onwards and upwards.
Cheers
Barcap

Yes, as expected great results and the share price has been well "underpinned" as I stated in my previous post.
This is a "tuck away" in the pension pot share as over the long term it will do very well.
It's been a bit rocky recently but if you know it's a good successful company then it's a good time to top up.
Hopefully over the next 5 to 10 years it will outperform the market significantly.

Cheers
Barcap
The Towers

Even though the share price has gone sideways for a while this is a very well run company in a growing market.
It has very little risk and is trading profitably.
I expect good results on the 9th March which should underpin the shares.
With some private equity firms running their ruler over this one then the sp will either rise over coming years from improving profits or in the short term from a takeover.

Patience is the key here so don't lose faith.

Cheers
Barcap
The Towers

I have to admire the audacity of the directors to sell shares on float to unsuspecting victims at 400p only to buy them back at sub 100p.
Incredible!

What next?!

Barcap
The Towers

Looks like they have sold some shares and gone below the 5% threshold

Unhooked and Shearclass,

Agree with your sentiments totally.

A perverse conclusion from big director buys is that no unexpected good news is due in next few weeks as this would be deemed insider dealing.

So the sp is not due for an imminent uptick!

As for his reasoning, who knows.
It is a company of smoke and mirrors so it still is best to remain cautious.

My April/May target 50p
( Unlike Barclays who continually over rate this share relative to current prices).

Barcap
The Towers

Is this the same Barclays that had a price target of 600p+ on floatation?
Brokers really are laughable.

Cheers Barcap
The Towers

Unhooked,

Well summed up!
Couldn't agree more but I think we know where this one's going.
The London Stock Exchange should raise it's quality thresholds for floatations. Frankly the LSE's reputation is pretty well shot after this and other dodgy floats.

Barcap

As long as he is not shorting them on a different account!

I would be cautious on him buying as a recommendation.
Smoke and mirrors is allegedly a speciality of this company but who knows!

Beware of this sucker rally.
So people loaded up when sp broke down below 100p.
Take care friends.
Barcap
The Towers

Good luck.
I hope they turn into another ARM for you and you prove me wrong.