Poacher15 Feb 2014 15:33
First, take a look at the *director buys* for the past few months (all the info is in their public RNSs for everyone to see). ARC Board members have been loading up with a huge £120k of ARC shares. They were buying right up until the start of the "closed" period just a few weeks ago. Big staff investing big money.
Second, take a look at the ARC financials for the past 2 to 3 years. Revenue trends are *rising*, cash in-hand is plentiful, profits are improving (and may be about to move into positive territory), the UK / global economy is growing stronger, and UK / global banks are in better financial shape. The internal and external tailwinds for ARC look good.
Above all, ask yourself this -- if you knew the "inside" details of your company's financial outlook, and you were on the Board of your company, and if you thought the results were going to be "bad", would you invest £120,000 of your own money in shares that are likely to go down?... Exactly, you're only going to buy ARC shares by the ton only if you think the next set of results (due in a week or two) will be "good"...
In summary, ARC has financial results due in a few days' time... and multiple ARC directors have been making multiple ARC share purchases ahead of those results...