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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Absolute Rtn S | ABR | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 94.125 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 94.125 | 94.125 |
| Top Posts |
|---|
Posted at 03/7/2012 11:03 by praipus Weiss collecting 10% of ABRABR "Proposal not to seek continuation" I track Weiss's activities on the WAM thread |
Posted at 10/9/2010 08:33 by baht I always thought Absolute return funds were supposed to produce fairly low but consistent returns in all market conditions. Not a criticism of ABR alone but of all Absolute Return collectives. Haven't been doing what it says on the tin!Is that fair or unfair. Any thoughts anyone? |
Posted at 26/6/2002 15:35 by wosser you guys need to know ABR is now CFP, new thread started on CFP |
Posted at 11/6/2002 21:09 by made_a_mint mm's and brokers are out there to make money and usually at our expense.My purchase are relatively small and in comparison charges are high(£12.50)so it takes me longer to make up my losses from the starting block.Maybe ABR should contact all shareholders with an offer of dealing at £X.XX!!!Halifax did to me! |
Posted at 07/6/2002 20:47 by goldtrader this equity is a quite a good stock but there is an awfull lot of shareholdswho bought stock in many companys and are nursing big losses so no confidence in any stock i am a holder in abr but what will happen if abr goes to selling 1.5/2p in this market sellers will come in hope this not happen but it will |
Posted at 01/6/2002 20:48 by goldtrader perhaps all us abr investors should take a look at there sharedealingdivision sharenet after all it is in our interest & td waterhouse i notice is getting rather expensive |
Posted at 29/5/2002 23:02 by avoint Final Results Tue 30 Apr 2002 07:00:39 Abinger Investments PLC 30 April 2002 ABINGER INVESTMENTS PLC (proposed change of name to CFA Capital Group Plc) Preliminary results for the period to 31 December 2001 CHAIRMAN'S STATEMENT In the period to 31 December 2001, following the placing and admission of the Company to the Alternative Investment Market, we have achieved the initial objectives set out in the June 2001 prospectus. The objective was to acquire investment businesses or companies in the financial services sector with particular emphasis on corporate finance, broking and other financial institutions requiring regulation under the Financial Services Act (now the Financial Services and Markets Act 2000). This objective was achieved through the acquisition of City Financial Associates Limited and Galleon Assets Management Limited in mid December 2001 together with a further fundraising. The Group now consists of a corporate finance and private client stockbroking business serving entrepreneurial growth companies. Following these acquisitions it is proposed at the forthcoming AGM to change the Company's name to CFA Capital Group Plc and for each subsidiary to adopt the brand CFA. Galleon Assets Management Limited has, accordingly, changed its name to CFA Securities Limited. The Directors believe that the target market, servicing small to medium size companies, has not been properly addressed in the past. An opportunity exists to create an independent finance house integrating both stockbroking and corporate finance expertise, to service the specific needs of smaller public companies and to this end it is the intention to provide a proactive service to all our clients. City Financial Associates Limited and CFA Securities Limited are now working together to establish a broadly based financial services group, servicing small to medium size companies. In view of the early stage of the development of your Group and the current negative reserves on the profit and loss account of the Company no dividend is proposed. As the period to 31 December 2001 was essentially a start up period, an overall net loss on ordinary activities before taxation was incurred amounting to £290,000, which included start-up costs written off. As at 31 December 2001 the total assets less current liabilities of your Group amounted to £2,927,000, with Group cash at bank in excess of £1,200,000. City Financial Associates Limited ("City Financial") City Financial is an FSA regulated corporate finance advisory business recently established by John Shaw and myself. The intention is to be become a leading adviser to smaller companies and high net worth individuals. The first step taken to achieve this was to appoint Tony Rawlinson as Joint Managing Director and Head of Corporate Finance. Tony has many years' experience on a broad range of transactions, advising mainly small and medium size quoted companies and has already established a corporate finance team. City Financial has already completed its first major transaction with the acquisition of Expocentric Plc by MICE Group Plc, and is presently working on a number of mandated transactions. On 10 December 2001, City Financial was approved by the London Stock Exchange as a Nominated Adviser (NOMAD) for the Alternative Investment Market and has since been approved as a Corporate Adviser to the OFEX market. Application has been made for City Financial to be a sponsor to companies quoted on the Official List of the UKLA. CFA Securities Limited ("CFA Securities") CFA Securities is an FSA regulated private client stockbroker based in Manchester providing portfolio management services to individuals and institutions, advisory stockbroking services and an execution only share dealing service through its "SHARENET" division. Alongside the development of the City Financial corporate finance activity, in 2002 CFA Securities has secured brokerships for several AIM and OFEX companies. CFA Securities is developing its fundraising capacity and has already completed a number of fundraising transactions. It is intended to develop the fundraising and corporate broking activities of CFA Securities and to expand the broking service to clients seeking an efficient, cost effective share dealing service. CFA Securities currently has almost 14,000 clients of which approximately 7,000 have dealt over the last 18 months. In addition CFA Securities has approximately 500 PEPs and ISAs under administration, over 2,875 nominee accounts and a total of approximately £43.5m in these nominee PEP and ISA accounts. SHARENET offers an execution only, share dealing service with dealing rates ranging from £8 - £35 per trade. The Future We believe that our two businesses are individually well equipped to attract and transact business and are highly complementary and form a proven business model. We are quickly developing a focused management team which works together on an effective and collegiate basis to meet and service our clients' needs. We are appreciative of the increasing level of businesses we are being asked to service and hope and anticipate that as transactions are completed, our growing success will be demonstrated in our financial performance. In addition we continue to consider further acquisitions to add new and complementary services to the Group, which will integrate into the profile and culture already detailed. I would like to thank all of the Group's employees for their hard work and achievement in completing the significant developments outlined above. The Directors envisage an exciting period ahead together with substantial growth and look forward to reporting success in the future. Stephen Barclay Executive Chairman 30 April 2002 CONSOLIDATED PROFIT AND LOSS ACCOUNT For the period ended 31 December 2001 2001 £'000 Turnover 134 Other operating income and charges (440) Operating loss (306) Net interest 16 Loss on ordinary activities before taxation (290) Tax on loss on ordinary activities (15) Loss for the financial year (305) Dividends - Retained loss for the period (305) Loss per share (pence) Basic (0.31) Adjusted basic (0.30) There are no recognised gains or losses for the current period other than as stated above. CONSOLIDATED BALANCE SHEET At 31 December 2001 2001 £'000 Fixed assets Intangible assets 1,718 Tangible assets 230 1,948 Current assets Debtors 274 Cash at bank 1,223 1,497 Creditors: amounts falling due within one year (518) Net current assets 979 Total assets less current liabilities 2,927 Creditors: amounts falling due after more than one year (39) Provisions for liabilities and charges Deferred taxation (15) Net assets 2,873 Capital and reserves Called up share capital 910 Share premium account 1,218 Merger reserve 1,050 Profit and loss account (305) Shareholders' funds 2,873 CONSOLIDATED CASH FLOW STATEMENT For the period ended 31 December 2001 2001 £'000 Net cash outflow from operating activities (211) Returns on investments and servicing of finance Interest received (net) 16 Taxation - Capital expenditure and financial investment Purchase of tangible fixed assets (112) Acquisitions and disposals Purchase of subsidiary undertakings (611) Cash acquired with subsidiary undertakings 363 (248) - Equity dividends paid Financing Issue of shares (net of expenses) 1,778 Increase in cash 1,223 NOTES 1. The financial information set out above does not constitute statutory accounts within the meaning of Section 240 of the Companies Act 1985. Statutory accounts for the period to 31 December 2001 will be delivered to the Registrar of Companies and sent to shareholders shortly. An unqualified auditors' report has been given on such accounts. 2. Turnover and operating loss all derive from UK continuing operations. 3. The basic loss per share is based on loss attributable to ordinary shareholders of £305,000 divided by the weighted average number of shares in issue during the period of 96,899,822. The adjusted basic loss per share is calculated as the basic loss per share adding back goodwill amortisation of £7,000 divided by 96,899,822. 4. The Annual Report and Accounts will be mailed to registered shareholders at their registered addresses in May 2002 and from the date of release copies of the Annual Report will be made available to the public free of charge for one month at the Company's registered office, Pountney Hill House, 6 Laurence Pountney Hill, London EC4R 0BL. 5. The Annual General Meeting will be held at 35 Vine Street, London EC3N 2AA at 12.00 noon on 25 June 2002. This information is provided by RNS The company news service from the London Stock Exchange END FR ILMRTMMBTBAT |
Posted at 08/5/2002 22:45 by ryanstella Avoint.The execution to which you refer was a purchase of 100,000 shares at £1.07 equating to a spend of £1,070. A purchase of thie value is highly unlikely to move the share price. What will however cause a stir is when an institution wants to buy a large number of shares which are not readily available. Shareholders are approached with inflated offers to part with their shares. I day trade heavily and was at one point offered 1.4p for my 500.000 shares, in hine sight I wish I had sold them and could now retrench, however I chose to hold on.. The point I am making is, there are not that many abr shares on the market as most of the larger investors are in it for the long term and have no interest in selling just yet. We also need Old man Barclay, who is as tight as a ducks backside to spend some money promoting Abr with some half decent annoucements. He was notorious when he worked at seymour pearce for holding back on these as they cost thousands. The upside is he is keeping a tight rein on the purse strings and therefore helping the bottom line. Did you know Abr are taking Elton games to the Ofex, I bought in last week @ 9p they will move to the Ofex over the next couple of weeks. Abr have at least one other IPO over the next four weeks with plenty more in the pipeline. Are you in Sbt, if not have a look. I will be in touch shortly as promised. Regards Ryan. |
Posted at 04/5/2002 01:12 by ryanstella M25.A member of my immediate family works along side ABR`s top management. For some reason best known to Mr Barclay, he has played down what is really going on. Have you read the SQC morning note on ABR dated the 21 Feb. Regards Ryan. |
Posted at 30/4/2002 07:18 by itsourpete RNS Number:2593VAbinger Investments PLC 30 April 2002 ABINGER INVESTMENTS PLC (proposed change of name to CFA Capital Group Plc) Preliminary results for the period to 31 December 2001 CHAIRMAN'S STATEMENT In the period to 31 December 2001, following the placing and admission of the Company to the Alternative Investment Market, we have achieved the initial objectives set out in the June 2001 prospectus. The objective was to acquire investment businesses or companies in the financial services sector with particular emphasis on corporate finance, broking and other financial institutions requiring regulation under the Financial Services Act (now the Financial Services and Markets Act 2000). This objective was achieved through the acquisition of City Financial Associates Limited and Galleon Assets Management Limited in mid December 2001 together with a further fundraising. The Group now consists of a corporate finance and private client stockbroking business serving entrepreneurial growth companies. Following these acquisitions it is proposed at the forthcoming AGM to change the Company's name to CFA Capital Group Plc and for each subsidiary to adopt the brand CFA. Galleon Assets Management Limited has, accordingly, changed its name to CFA Securities Limited. The Directors believe that the target market, servicing small to medium size companies, has not been properly addressed in the past. An opportunity exists to create an independent finance house integrating both stockbroking and corporate finance expertise, to service the specific needs of smaller public companies and to this end it is the intention to provide a proactive service to all our clients. City Financial Associates Limited and CFA Securities Limited are now working together to establish a broadly based financial services group, servicing small to medium size companies. In view of the early stage of the development of your Group and the current negative reserves on the profit and loss account of the Company no dividend is proposed. As the period to 31 December 2001 was essentially a start up period, an overall net loss on ordinary activities before taxation was incurred amounting to £290,000, which included start-up costs written off. As at 31 December 2001 the total assets less current liabilities of your Group amounted to £2,927,000, with Group cash at bank in excess of £1,200,000. City Financial Associates Limited ("City Financial") City Financial is an FSA regulated corporate finance advisory business recently established by John Shaw and myself. The intention is to be become a leading adviser to smaller companies and high net worth individuals. The first step taken to achieve this was to appoint Tony Rawlinson as Joint Managing Director and Head of Corporate Finance. Tony has many years' experience on a broad range of transactions, advising mainly small and medium size quoted companies and has already established a corporate finance team. City Financial has already completed its first major transaction with the acquisition of Expocentric Plc by MICE Group Plc, and is presently working on a number of mandated transactions. On 10 December 2001, City Financial was approved by the London Stock Exchange as a Nominated Adviser (NOMAD) for the Alternative Investment Market and has since been approved as a Corporate Adviser to the OFEX market. Application has been made for City Financial to be a sponsor to companies quoted on the Official List of the UKLA. CFA Securities Limited ("CFA Securities") CFA Securities is an FSA regulated private client stockbroker based in Manchester providing portfolio management services to individuals and institutions, advisory stockbroking services and an execution only share dealing service through its "SHARENET" division. Alongside the development of the City Financial corporate finance activity, in 2002 CFA Securities has secured brokerships for several AIM and OFEX companies. CFA Securities is developing its fundraising capacity and has already completed a number of fundraising transactions. It is intended to develop the fundraising and corporate broking activities of CFA Securities and to expand the broking service to clients seeking an efficient, cost effective share dealing service. CFA Securities currently has almost 14,000 clients of which approximately 7,000 have dealt over the last 18 months. In addition CFA Securities has approximately 500 PEPs and ISAs under administration, over 2,875 nominee accounts and a total of approximately £43.5m in these nominee PEP and ISA accounts. SHARENET offers an execution only, share dealing service with dealing rates ranging from £8 - £35 per trade. The Future We believe that our two businesses are individually well equipped to attract and transact business and are highly complementary and form a proven business model. We are quickly developing a focused management team which works together on an effective and collegiate basis to meet and service our clients' needs. We are appreciative of the increasing level of businesses we are being asked to service and hope and anticipate that as transactions are completed, our growing success will be demonstrated in our financial performance. In addition we continue to consider further acquisitions to add new and complementary services to the Group, which will integrate into the profile and culture already detailed. I would like to thank all of the Group's employees for their hard work and achievement in completing the significant developments outlined above. The Directors envisage an exciting period ahead together with substantial growth and look forward to reporting success in the future. Stephen Barclay Executive Chairman 30 April 2002 CONSOLIDATED PROFIT AND LOSS ACCOUNT For the period ended 31 December 2001 2001 £'000 Turnover 134 Other operating income and charges (440) Operating loss (306) Net interest 16 Loss on ordinary activities before taxation (290) Tax on loss on ordinary activities (15) Loss for the financial year (305) Dividends - Retained loss for the period (305) Loss per share (pence) Basic (0.31) Adjusted basic (0.30) There are no recognised gains or losses for the current period other than as stated above. CONSOLIDATED BALANCE SHEET At 31 December 2001 2001 £'000 Fixed assets Intangible assets 1,718 Tangible assets 230 1,948 Current assets Debtors 274 Cash at bank 1,223 1,497 Creditors: amounts falling due within one year (518) Net current assets 979 Total assets less current liabilities 2,927 Creditors: amounts falling due after more than one year (39) Provisions for liabilities and charges Deferred taxation (15) Net assets 2,873 Capital and reserves Called up share capital 910 Share premium account 1,218 Merger reserve 1,050 Profit and loss account (305) Shareholders' funds 2,873 CONSOLIDATED CASH FLOW STATEMENT For the period ended 31 December 2001 2001 £'000 Net cash outflow from operating activities (211) Returns on investments and servicing of finance Interest received (net) 16 Taxation - Capital expenditure and financial investment Purchase of tangible fixed assets (112) Acquisitions and disposals Purchase of subsidiary undertakings (611) Cash acquired with subsidiary undertakings 363 (248) - Equity dividends paid Financing Issue of shares (net of expenses) 1,778 Increase in cash 1,223 NOTES 1. The financial information set out above does not constitute statutory accounts within the meaning of Section 240 of the Companies Act 1985. Statutory accounts for the period to 31 December 2001 will be delivered to the Registrar of Companies and sent to shareholders shortly. An unqualified auditors' report has been given on such accounts. 2. Turnover and operating loss all derive from UK continuing operations. 3. The basic loss per share is based on loss attributable to ordinary shareholders of £305,000 divided by the weighted average number of shares in issue during the period of 96,899,822. The adjusted basic loss per share is calculated as the basic loss per share adding back goodwill amortisation of £7,000 divided by 96,899,822. 4. The Annual Report and Accounts will be mailed to registered shareholders at their registered addresses in May 2002 and from the date of release copies of the Annual Report will be made available to the public free of charge for one month at the Company's registered office, Pountney Hill House, 6 Laurence Pountney Hill, London EC4R 0BL. 5. The Annual General Meeting will be held at 35 Vine Street, London EC3N 2AA at 12.00 noon on 25 June 2002. This information is provided by RNS The company news service from the London Stock Exchange Abinger INV(ABR) Three Year Chart Intraday Chart |
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