Acg Acquisition Share Discussion Threads

[battlebus] 16/4/2009 17:29

Could be tomorrow?

[pugg1ey] 16/4/2009 12:37

some results would be nice ACG. Is there a time limit?

[battlebus] 08/4/2009 23:27

Hold both ACG and INVO and know the latter is on the better financial footing but still believe ACG will turn it around and hopefully a glimmer of light will appear in these results whenever they appear.NO benefit in selling sub 10p.

[orlando99] 08/4/2009 22:10

Sorry about that battlebus - I have no connection to ACG but I do work in the same industry. I am not aware of any issues on the surface at ACG BUT I do know there are highly likely to be issues around impairment of revenues just like those declared by Cattles recently. If you look back to earlier posts you will see I referred to the long term business viability being dependent on cash collection. Guess how much cash Accuma have had to invest in cash collection infrastructure? - it begins with a zero!- we are now getting to the end of year 3 on a lot of IVAs for a cash flow that is supposed to last for 5 years per IVA - its crunch time!!
It is highly likely there will be a tussle with the auditors of the accounts who are all insisting on a conservative view before they will sign off accounts due to the current economic climate.

[battlebus] 07/4/2009 21:30

Don't like to see you here Orlando as it usually means a sharp fall in the shareprice. Know what i mean!

[orlando99] 07/4/2009 20:50

willing to have a 50p bet that they will appear sometime after 4pm on Thursday - then everyone will have 4 days to forget them before the market reopens on Tuesday.

[asl1978] 07/4/2009 13:58

Given that the year end is 31st December you would hope that they would be announced pretty soon. That said I've been holding a loss in this share long enough to know that they don't care anymore about keeping stakeholders updated.

Like you say they can't even be bothered to update the website with key financial dates so I wouldn't hold your breath

[markktm] 07/4/2009 13:28

re 3234 Anyone know when results are due here ...... can't seem to find it (or on the company website either)


I'm still struggling to find this info & can't get a response from anywhere! Anyone any ideas where to look next??

[markktm] 01/4/2009 22:39

It does say something about the company when they can't keep the investor timetable up to date on their own website (Last update was 2008)

[pugg1ey] 01/4/2009 09:27

interims were out 18th Sept so I assume they must be imminent (spelling?) perhaps it's taking longer as they've got so much profit to add up

[markktm] 01/4/2009 08:33

Anyone know when results are due here ...... can't seem to find it (or on the company website either)

[asl1978] 23/3/2009 12:05

Cleardebt (CLEA) announced a maiden profit and strong growth... surely somoething similar must come out for these boys...

[pugg1ey] 17/3/2009 10:28

FRP says IVA outlook strong (reduced margins as we already knew)and making a profit.
can't believe share price here! results should be out soon I guess then share price will rally.

[markktm] 05/3/2009 20:49

I'm with you chaps.......!!!!

Agree may see some volume increase if they managed to keep growing their business in line with general increase seen in IVA numbers. Margins may have tightened though due to tougher stances by the lenders.

However where I see ACGs strength is continuing the trend from the last update which is growing the profitable debt management plan business. Todays macro environment can only see more & more people looking for these services & I'll be looking in the finals to see the volumes growing nicely with an associated revenue stream.

I keep adding a few on any weakness I see..... this sectors had a nice tick up & if ACG come up with a positive message then can see a nice increase here.

(Fairpoints results also due in March and this will be a good indicator for how industry volumes have trended) ..... if you check them out they had a 40% uptick a couple of weeks ago which has come back slowly - someone somewhere knows something!!!!!!!!!

[battlebus] 04/3/2009 22:47

No my man. Have every faith that we will reach 10p very soon.I have a friend who works with ACG who is confident that business levels have increased but that this may not relate to the larger profits some might expect due to a cut in margins.Cash generation is the key at the moment. Still holding didn't sell at 4p and won't sell at 14p.

[pugg1ey] 04/3/2009 19:13

Am I the only person who owns ACG shares?

[pugg1ey] 04/3/2009 17:36

what's that all about?? raise the offer 0.25p but drop the bid 0.75p. maybe someone has a large margin call looming?

[pugg1ey] 04/3/2009 14:36

lol great spread

[pugg1ey] 04/3/2009 10:15

buyer at 7p I think. small buy limit large sell limit DYOR

[pugg1ey] 23/2/2009 15:17

I would say get in quick but I have a buy limit of 2.5K so you might struggle

[pugg1ey] 20/2/2009 14:32

ACG time will come. results due next month?

[andrbea] 20/2/2009 13:20

at last an uptick!

ivas opened at 28% and not a flicker here

if it had been down 28% the MMs would have moved it I'm sure

sign of the times I suppose

Lethargy everywhere...

[asl1978] 06/2/2009 12:25

Figures are still of their peak to be fair.
These firms used to tell us what their share of the IVA market was almost on a monthly basis - all quiet now though! Not released a sinlge thing since September last year.

Having thankfully got out of DEBT at circa 250p before taking a punt on these at 16p (I've declined to average down recently) I'm hoping for a decent trading statement sometime soon!!

[hamidahamida] 06/2/2009 10:03

just released ivas are going up up up again

Q4 2008... 10,344 Individual Voluntary Arrangements (IVAs), (which were up 5.9% on the previous quarter and 12.2% on the corresponding quarter of the previous year).

[pugg1ey] 03/2/2009 11:23

still ready?