Member Info for bonum

"Overweightand Underweight are general terms used in describing an investment position. Being Overweight on an equity means that your position on the equity is stronger/larger than the generally accepted benchmark. Being Underweight means the opposite - which means your position on the equity is lower than the accepted benchmark. For example, if your equity portfolio normally holds 50 percent stocks and 50 percent cash and you liquidate some of your stock holdings to cash then you are Overweight cash and Underweight stocks." http://www.mysharetrading.com/broker-and-analyst-recommendation-primer.html

you better sell then lol - theyve actually got HOLD recommendations rather then your strong sell the other day. There playing ultra cuatious with there targets as amatter of course rather then any specific info in which they would actually envisage those prices. If that were the case theyd be posting sell recommendations like yourself. Those recommendations / targets will be re-rated on the next trading update but indications as already mentioned are positive for the company going forward - tahts actually the most important issue here imho. The last few drops on unexpected profit warnings resulted in drops to lowest around mid 60's from levels above 100p. We now have an expected update with levels already having fallen from the 3rd oct update Thats why i think were more likely to see a strong move up.

RNS any day now so very comfortable in this stock given the nature of developments for the company gla

"Iris has paid a deposit of US$3.1 million and the balance is due on or before 5 November 2012. The equipment sale agreement remains subject to the approval of the Company's major creditors, Standard Bank PLC ("Standard Bank") and TurboCare SpA ("TurboCare"). A further announcement will be made in due course." " Richard Linnel IPSA Chairman I am pleased that we have received deposit funds from Iris and I look forward to completion shortly at which time our liquidity position will be transformed, with cash on deposit and no net debt." http://www.investegate.co.uk/Article.aspx?id=201210150930026749O

on China recovery but good base for growth & price appreciation with that recovery dyor & gla

SLEEPING GIANT?

mind you, i dont know how up to date that info is - its just the details listed as per there web page

http://www.ipsagroup.co.uk/investors/securities

Basically macro economic conditions impacting the company but strong customer retention thru the period AND new clients secured. Should be back up there in line with a broader economic recovery & pick up in the domestic market. Cash on hand at the end of September was £4.0 M & the order book at 30 September 2012 at £11.5 M so a very healthy safety margin for buys at this price level. dyor & gla

GEONG International Limited (AIM: GNG), a leading internet software solutions provider and operator for large enterprises in China is pleased to provide the following update on its current trading. Since the announcement of the 2012 full year results economic conditions have remained stagnant due to the uncertainty in European markets and a general slow down in investment activities in China. As a consequence, the Company expects to report revenues for the six months ended 30 September 2012 slightly below the corresponding period of last year. However, margins have remained broadly in line with last year. The Company has continued to gain new contracts, winning four new customers in the IaaS division and generating two new contracts in the SaaS division since the beginning of the year. This takes the number of SaaS clients to 20 and increases the level of regular revenue. The value of the new business won during the period is in the order of £1.1 million, part of which will contribute to earnings in the second half of the year. The Company has continued to execute its strategy of (1) working closely with its existing customers to maximise the revenue opportunities,(2) driving more SaaS business in order to achieve a higher average margin and improve cash flow and (3) exploring new growth areas in social business and mobile internet. In the last few months, the Company has entered into discussions with a number of major computer companies to strengthen the co-operation platform and we anticipate further such opportunities in the coming months. During the period the Company has continued to invest in R&D on its Smart Internet Platform and has been developing a new Enterprises' Social Business Platform, which will be launched in the middle of November, leveraging the flexibility of cloud computing technologies. It has also taken steps to expand the customer and geographical base of the Company, using our partnerships with IBM and Oracle to extend our location coverage across Great China and Southeast Asia and we now have representation in Dalian, Wuhan, Shenzhen, Macau and HK in Great China as well as in Vietnam, Indonesia and Malaysia. A key objective of the Company has been to improve its working capital position through the quicker collection of receivables and the Board expect to see the benefit of the improvements that have been implemented during the Company's main cash collection period of October to December. Cash on hand at the end of September was £4.0 million. The order book at 30 September 2012 stood at £11.5 million, of which £1.5 million is in the SaaS business and £4.6 million is due for delivery in the second half of the year, which is in line with the Board's expectations. As a result of the initiatives set out above and the Company's sensible cost controls the Board remains confident that the full year 2013 results will be in line with those of 2012 and t

no probs mate & glad youve had an opportunity to make some on IPSA - ive learned the best way to make money on the markets is research & patience while the news developments work thru (like LGO when it was 0.4p & LAM now). The developments re: liquidity thru the turbine sales fundamentally change the outlook for the company. With the relatively low number of shares in issue its difficult to assess the upside here but NAV alone is around the 12-14p level alone. I expect a strong rise from here given the importance of those developments & will take some profits obviously while letting a good core ride into double figures atb

o/t but have a good look at LAM as well - i think therell be a major upside coming there but dyor of course back to IPSA & company changing news impending atb

Good point but i thought that was on friday for a natioanl holiday with general festivities over the following couple of days - Monday 29th Oct should be a working day i believe http://publicholiday.org/calendar/malaysia-public-holiday-2012-calendar/

credit suisse overhang taken up def good news for stronger price appreciation

Deadline 5th nov but news any time on or before then. The sudden volume / buy size increase underpins that expectation but we can also note that the news releases can be timed for anytime during the day - one to def be holding at this stage imho gl

IPSA RNSs are more often then not released later in the day rather then at 7:00am - very good volume & sizeable buys indicate itll be immanent gla

thats the point im making which isnt quite being grasped i think - once that uncertainties taken away with the actaul loss is quantified, we could see a sharp move upwards as people regain confidence in taking larger positions. Thats conditional upon positive statements regarding the core strength of the company beyond those fixed price contracts, debt restructuring & reassurance of no further bad news. All those factors look like thell be positively addressed from indications we already have. We could see that sharp rise once the uncertainties removed on those issues & accomodating a significantly large loss as already expected - the prospects going forawrd may be a bigger issue with investors then the actual size of loss for the year in isolation. gla

buy in tranches - youll cover yourself for any eventuality AND be in the stock for the widely held concensus of a n eventual, major price recovery and / or sharp upturn with clarity restored. dyor & atb

Nothing wrong with that and i'd welcome those sorts of buy in prices myself. These are opportunistic times to pick up LAM at these levels just as it was with BARC (for example) around there own 60p days - how many people look back now? The last profit warnings 'generally' caught people out, hence the major drop from much higher levels as people sold - the next news release is EXPECTED from a very subdued level with people looking to jump in with clarity asserted. I'll see it well on any outcome anyway. atb

"Market hates uncertainty FACT " - hopefully establishing the size of the loss & fresults of the independent assessment will address that uncertainty. Another reason we may get a sharp push on the sp rather then any negative move that people are presuming. Thats why it pays to cover both bases imho