Member Info for MikeF

we get a couple more buys this afternoon then the bid will tick up and reduce the spread again. GLA

You may be interested to know that they have upped the online sell qty quite a lot... I like to keep abreast of what they are offering against what can be bought and last week they limited sells down to 100,000 online.. Today they are allowing online sells of 1,000,000 with no drop in quoted price.. Clearly this signifies they actually want stock... either to satisfy an order or to furnish the buys that have gone through already which they no doubt think they can fill easily.. :-) I see lots and lots of further upside, but not until people start putting their hands in their pockets and buying some... :-) Best of luck. AE

for results here... looks like Hemscott timescales were wrong and i didn't get feedback from the co. Hopefully they will turn up soon and we get a good rise on the back of them. GLA

Goes to show the lack of PI appetite for stocks that can generate decent investment returns and the reluctance of the MM's to form a decent orderly market. The company has announced news that transforms them from someone sitting on the edge of an abyss to being given a leg up the first few runs of a ladder. The tie ups, contract wins, contract discussions, refinancing, organising the debts into manageable outgoings, and the management refocussing and strategic review all lead to a company that now although it still carries risk (What company is ever totally risk free) is more than likely to suceed and clearly its products/services are in demand. Yet, the sp languishes putting on huge gains one day to be lost the next day because the lack of PI interest means the MM is hasty about opening the book to volume.. It will come, of that I am sure... There is a key in this that I keep mentioning... "Denton" Now, Denton aquired a huge stake at somewhere near the same price as I was buying at... Difference is though he held just below the required 30% to make a formal offer for the company.. Considering the sucess and redirection of IHP and the low price we see ourselves at I would not be surprised to see him start to build his holding up again after it suffered during the previous share issue.... All IMO of course.... But consideing the company has managed its debts, reduced overheads, improved revenue and margins etc etc etc to give it a market cap of just £600k is pretty well on the mega cheap side.... Best of luck... AE

Forgot to mention, one you may like the look of is INVO, looks undervalued currently with NAV @ £12.5M and cash @ £2.1M and market cap just over £4M!! GL

Hi mate, i'm good cheers, how you been? This company has been struggling for a while but looking like things are starting to come together, the market cap at this represents an unfair valuation on the co. IMHO and so presents great value. I topped up in here Friday as i believe there is some very good upside but not one to put your house on lol. Definately worth a punt though, i have slightly more than punt money on it now though as had a couple of conversation with Angus Forrest and very happy with his commitment to make the co. work. Link to major shareholders: http://intellego.co.uk/Investors/MajorShareholders/tabid/169/Default.aspx Charles Denton has a significant interest and there was speculation previously that he could make a move to take the co. over. Very savvy man and worth a look. Thanks for the tip on MCR, will keep an eye, been on my watchlist for a while but not had a proper look in a very long time. ATB mate and hope the shares are treating you well. GL

Nice move up from 8% to 25% up on just a 100k buy!! Looks like it could be a very good day here! Bid is next to move up... GLA

Couple of buy on PLUS today: 17/05/2010 08:33:57 0.29 339,012 O 983.13 17/05/2010 08:00:41 0.29 34,482 O 100.00 GLA

Hi TG, yes it is a pleasant sight! Hopefully we'll push higher today. GL

Morning mate, great to see a 40k Buy @ 15.4p! Very undervalued atm... GL

500k Buy @ .35p and a good tick up of 8.3% currently... also nice to see the spread has narrowed considerably! Now .3-.35p. GLA

on PLUS this morning, should see a tick up on just 1 or 2 more trades as this moves very well on very low volume. GLA

From what I can see IHP have radically addressed the dire problems that had put the company close to closure. They have radically reduced costs, successfully negotiated a favourable voluntary arrangement with respect to the debt, and most importantly SIGNIFICANTLY revised their market strategy. They have also written off as much bad news as possible into the 2009 accounts. Initially when I looked at the £400k plus loss my immediate assumption was that IHP was a basket case. It was only when I dug deeper that I found out that they were trying to get rid of all of the bad news in 1 go and in real terms they are probably already breaking even or better as the order book goes up and their strategy change satrts to bear fruit. We are already hearing good news on new collaborations and I like the managements dynamic approach. In summary I think they will survive and their is a decent chance of IHP developing into a £10 million plus turnover pa with decent profit margins. I think the company, with success, could easily be worth 3 to 5 million in 3 years time. That means a 5 to 10 bagger if you believe they will deliver. For me I am comfortable with a modest investment long term and as such the spread is an irritation in the short term Good luck to fellw IHP investors MW

Hi Nicola, Has been a stock that owes me a fair old amount to even break even... But that aside with what I have added lately it shouldnt be long to actually turn to profit point... The main thing is Angus and "Denton".. Angus is a very honest and up front guy and will do all he can to keep you informed without crossing the boundaries of listed restrictions... Denton is a shrewd businessman who clearly sees the benefit in owning a large percentage of IHP... The CVA was a godsend... Without it then I efar the company could have been wound up, which would have been an absolute crying shame considering the hard work that has gone into streamlining the costs and securing some great contracts.. As it is I think the company has now been given the seciond chance it deserves and the noises eminating so far suggest it is making the right inroads towards profitability now without being sucked dry by debts.. Consdiering the revenues and debts and value of contracts but not including future contracts I now believe that instead of offering a risky stock to buy it now offers a fair stock to buy... Not one for the mortgage to go into, but certainly a few quid spare cash could quickly and easily turn into a nice little nest egg once a bit more interest starts coming in... Best of luck. AE

E-learning consultancy Intellego says that sales reached £2m in the year to March 2010. Intellego is set to grow organically and is in talks with a number of large clients. Overheads are being reduced by an annualised £300,000. The main subsidiary Intellego Group Ltd is implementing a company voluntary arrangement. It has liabilities of around £1m and the creditors will receive around £400,000 to satisfy these liabilities. Intellego has sold its distribution business to NetDimensions Ltd, which subsequently invested £100,000 at 0.3p a share for a 13.7% stake in Intellego. A further £75,000 was raised at the same share price. The disposal was for an initial payment of £276,000. Another £188,000 is payable on an earn out basis. At 0.33p a share, Intellego is valued at £790,000. http://www.aimmicro.com/blog/entry/intellego2/

http://www.myintroducer.com/view.asp?ID=3568

The Consulting Consortium (TCC) has joined forces with learning specialist Intellego to ensure firms have access to all the relevant training and compliance tools to tackle the continuing retail distribution review (RDR) challenges. Advertising The partnership has been designed to combine the two firms' capabilities and experience to create solutions to help firms get to grips with all their training and compliance requirements. Firms can expect more intensive supervision in the run-up to the implementation of the RDR in 2012 through mystery shoppers and analysis of charges as well as product use. Training and all aspects of compliance procedures will be closely monitored during the transitional period to the new rules, while the whole process will be reviewed after introduction Jill Wade, director of learning solutions at TCC, said that the combination of specialist knowledge, expertise and technological solutions brought together by the alliance will enable it to offer a greater range of RDR specific solutions than any other compliance specialist. She said: "We genuinely believe that this alliance with Intellego enables us to offer a vast array of state of the art RDR solutions for firms of all sizes and budgets that are unparalleled in the current marketplace. "There is no getting away from the fact that the RDR is a complex area and with cost continuing to mount it is essential that firms look for cost effective but highly engaging training and compliance programmes. "There is no one-size-fits all solution to firms RDR requirements and it is vital that firms address professional development within their organisations. "The current trend of more proactive supervision of the industry as experienced of late means that firms must get their compliance procedures right first time or feel the wrath of the regulator." John Hammond, sales and marketing director at Intellego, said: "We do not believe that there is a single response to the RDR requirement but that a variety of different innovative approaches will enable customers to have a choice in how they support their staff going forward. "By merging together industry knowledge, a strong understanding of learning and technology we believe this partnership will provide effective and appropriate solutions to this market."

Hope to see some more blue next week. GLA

I have had recent contact with Angus Forrest and was very impressed with how quickly he got back to me and how accomodating he was to any questions, as the company has said: "The business has undergone transformational change over the past six months and is set to grow organically with improving financial performance. As evidence of the opportunity we are in contract negotiations with several multinational organisations. As we gain financial strength we plan to make focussed acquisitions to grow our capabilities in our chosen market verticals of healthcare, retail and financial services." Who are these 'several multinational organisations'? It looks like the co. has turned the corner to me and the only way is up. The recent placing was done at a very small discount to the current sp at the time and the company has also said: "The directors believe that having taken these steps the Company should be able to trade profitably for the future." IMHO these are significant steps in moving forward for Intellego and see this as a great buying opportunity at these levels. I prefer to be in at the bottom and maximise profit than to only get a small slice of the cake... All IMHO & DYOR but i really think this could be the start of a transformed company. GLA

Who you talking to? I'm the only one in here! Think your acusations are a little off...