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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Atlantic Global | ATL | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 21.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 21.00 | 21.00 |
| Top Posts |
|---|
Posted at 21/8/2008 11:09 by fuiseog Bid offer spread 18.63/16.37 very poor at around 13% would not encourage investors. |
Posted at 17/5/2007 15:05 by explorer88 mm's are now offering online price to sell up to 75,000 shares - i've never seen that before with ATL ...:-)they won't be getting any of my ATL shares - i'll be keeping these indefinately it is perhaps worth re-iterating that unlimited exemption from Inheritance Tax is available to private individuals provided that the investor has held shares in a qualifying company such as ATL for at least two years. After the two year holding period, the shares should be retained throughout life by the investor and will no longer be considered part of the investor's estate for IHT purposes. This represents an inheritance tax saving of 40% under current legislation. |
Posted at 15/5/2007 15:13 by explorer88 Hello mad and fellow ATL investorsWilmdav - i can confirm that Norwich Union are still a client of ATL. Norwich Union recently signed a three year service agreement with the company (source : Rupert Hutton, Finance Director). Whilst the significant growth in ATL's revenues and profitability is a few months behind what i initially anticipated, that growth is now starting to kick in. For example, ATL have just (last week) started to recruit solutions consultants and developers to meet the growing demand. Introduction of totally new IP in September will help achieve the forecasts i gave at the start of the year, albeit running a few months behind my initial forecast timescales. :-) |
Posted at 12/1/2007 20:59 by explorer88 MGood question! You're right that they were too far ahead of the market in 2005 and have had to educate companies about the benefits of PPM. Things are now changing as the companies that have pioneered the use of PPM solutions are delivering improved performance and sustainable competitive advantage. Some Answers... 1. The significant growth phase in the PPM market is only just beginning (two of ATL's main competitors were bought out last year at 4.5 and 5 times revenue in anticipation of this phase of growth in this software subsector) 2. Gartner research has established ATL as the only UK company,and one of only two European companies, in their Magic Quadrant for PPM. 3. Before investing in a business i like to get really close. In the case of ATL for example, i was the only (potential) investor who attended the company's annual user event. This enabled me to meet existing clients like Virgin (Jim Robinson), Norwich Union etc. - to talk about their initial installations of CV and, most importantly, to find out how quickly they were planning to roll out CV through their businesses. In addition, i was able to talk to several companies (e.g. Applied Materials) who were planning to buy CV. There were ten prospective new clients at the event. 4. Whilst it has not been reported, a little while ago ATL split their research team into two, with one team focussing on fine tuning the existing CV and the second team developing a new CV with totally new IP. This will launch later this year and forms part of the basis for my growth forecasts for FY08 and FY09 5. Eugene Blaine's strengths are that he is a good people person / excellent software visionary. I particularly like his views on working in partnership with clients - the results can already be seen by long term client relationships with companies who are now set to roll out CV across their different business divisions. EB's weakness is that he's not a sales and marketing guy - he lacks that certain killer instinct / drive - he's a bit too conservative - which is where Steve Allen comes in... 6. Had lunch with Steve Allen several months ago (check out his biog. on the ATL site) - he has the experience to drive the sales and profit growth i'm forecasting. He has been incentivised to do this with 500,000 options at 19p. Does that answer your question? (i realise that the answers are somewhat subjective, but at the end of the day - after you've met the management, crunched the numbers, met the clients and prospective clients, looked at the product, and researched the market ... it often just comes down to gut instinct!) |
Posted at 12/1/2007 18:51 by masurenguy Thanks for your response explorer88.I've looked at the old thread and I've also looked at their website. Thanks also for establishing your own position as a recent investor who is not hyping the company in a desperate attempt to try and recover existing paper losses. My main question remains "I'm expecting average annual revenue growth of about 50% per annum for each of the next three years as CV is rolled out to existing and new ". Your post #1188, dated 29/12, old thread. They expected to gain traction for a major lift off in sales and profit during 2005 and it didn't happen. So what is different about 2007 ? What is the rationale to support your ambitious forecast ? |
Posted at 12/1/2007 15:00 by masurenguy explorer88 - you are obviously 'championing' this share and you have already disclosed the fact that you believe that you are the largest private shareholder in the company. Since the share price has come down from the low 40's two years ago to the mid teens today, are you not therefore sitting on a substantial paper loss and don't you have plenty of incentive to hype the potential in order to try and recover these losses ? This is not an allegation, just an inevitable and obvious question when one first looks at the facts, so please don't take offence.I've just taken a quick look at their history. 2004 was a good year and they then went to town with their forward expenditure to ramp up sales in 2005, which never happened, and they went from a £200k profit to circa a £500k loss in 12 months. Last Septembers interims suggest that they will get back to break even in full year 2006, largely from cost cutting since sales would appear to be only marginally ahead of 2005. I can see that they have an impressive portfolio of clients but they already had that in 2004 and that did not provide them with their expected springboard in 2005. So what will be the catalyst for a quadrupling of sales over the next 3 years, which you have forecasted in a prior post ? At 16p the company has a market cap of £3.7m. With net cash of £1.9m at the end of June (has this decreased in the subsequent 7 months ?) that gives an EV of £1.8m for a company that is around break even with flat sales for the past 3 years. Frankly that does not make it particularly cheap on current performance ! However if this company could get its act together and rapidly expand future sales, with only an incremental increase in expenses, then profits could rise and there could be the potential for the share price to return to its previous levels (which would be 2.7 times the current sp) and maybe go even higher. What should provide a prospective investor with the confidence that there is a strong chance that they will deliver in the future and finally make this happen ? |
Posted at 08/1/2007 08:56 by sandbank EXPLORER88: Like you, I have been a long-term watcher - and rather longer-term investor in ATL. I've lost thousands on this share and seen many false-dawns. I cannot believe that this morning's single purchase of a mere 2500 shares is sufficient to account for the percentage rise today. |
Posted at 06/1/2007 21:17 by explorer88 ATLANTIC GLOBAL COMPETITIONTo start 2007 with a little fun ... ... i'm so confident that ATL's share price will rise at least five fold over the next three years that if it doesn't i'll buy a bottle of champagne for each of the first 12 new investors in ATL who post that they'd like to take part in the competition. Madasafishman, a new investor in ATL, is the first person to enter the competition, and has offered to buy me TWO bottles of champagne if ATL's share price DOES rise fivefold in the next three years. So, if ATL's share price doesn't increase to at least 67.5p by end 2009 i'll buy each competition entrant a bottle of champagne; and if it does increase at least five fold, each competition entrant buys me two bottles of champagne ... ...either way, we could all meet up and drink lots of champagne ... Who would like to be part of the competition ...? (...KatyLied, JohnRoger, Shiny...?) |
Posted at 05/1/2007 12:55 by explorer88 shiny - yes quite a few reasons. (I should declare that i am a recent investor in the company, having tracked it for five years. I am now one of the largest private shareholders in the business)market cap. of £3m with £2m cash = EV of just £1m. has nearly £1m of recurring revenues from long term clients Only UK software company in Gartner's Magic Quadrant for PPM, and one of only two European companies Market for PPM is likely to grow significantly over the next three years and ATL is well placed to benefit from this growth Estimate the following turnover: FY06 £2.2m FY07 £3.6m (roll out of CV at existing and new clients; March launch of PPM book; launch of totally new CV later in the year) FY08 £5m-£5.5m FY09 around £8m Leading to profit next year of about £0.5m, rising to £2m+ for FY09 and fair value market cap of about £24m based on forecasts for FY09 (i.e. about 8 times current market cap.) Plus the obvious tax benefits (Business Asset Taper Relief is available to investors when disposing of qualifying AIM shares like ATL which effectively reduces the rate of capital gains tax to only 20% for AIM investments held for a period of one year, and to only 10% for AIM investments held for a period of two or more years. Furthermore, unlimited exemption from Inheritance Tax is available to private individuals provided that the investor has held shares in a qualifying company such as ATL for at least two years. After the two year holding period, the shares should be retained throughout life by the investor and will no longer be considered part of the investor's estate for IHT purposes. This represents an inheritance tax saving of 40% under current legislation). The bottom line is that i expect ATL's share price to rise at least 8 fold over the next three years (i.e. to at least 110p) |
Posted at 19/12/2006 15:34 by explorer88 hello madi'm a recent investor in ATL (although i've been tracking the business for five years). I am one of the largest private shareholders in the business. the business is very conservatively run - has nearly £2m cash in bank, EV is just a little over £1m. Revenue this year will come in over £2m and i believe this will grow substantially over the next three years as businesses invest in PPM and ATL rolls out it's Corporate Vision software. I attended the annual ATL user group a couple of months ago - met clients and prospective clients. Very impressed. Will post further details and analysis when i have a little more time ... but my summary is that if you have "patient money" which you're happy to tie up for three years - then ATL is the best prospect i've found to potentially increase its share price tenfold in three years without taking on high risk. |
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