|Aea Tech Grp
||EPS - Basic
||Market Cap (m)
Real-Time news about Aea Tech Grp (London Stock Exchange): 0 recent articles
|hightech: Thank you Fen,
I think it will survive, but risk is there. If they succeed to get new contracts, the share price can jump ten fold.
As you rightly said, it worth a small punt as it may get you rich.|
|hightech: yes, but this has diverse activities and the support of the governments around the world. They need to accept a bit of risk and involve in international projects, contract with UN, ....
If they survive, share price will move above 1p.|
|beginnersguide: I believe the company must be making a profit for the bank to keep backing it up with millions, and the statement about no share holder value they keep stressing is to keep the share price down so it can be sold very cheaply. I bet there is a lot of interest as they also own two American company's.
|ameer: The seller seems to just counter any buying activity, just to keep the share price at this level.|
|knigel: Has a gradual share price tick up ahead of the results started? I won't be adding because I already has enough but still worth getting in for those who prefer high risk/high poss reward shares|
|knigel: Investor relations released a RNS to poster on LSE stating that company was very busy at the moment working on various matters which I presume including "solving" the pension issue, agreeing new bank terms and putting into action the strategy review that has taken place... although high risk I'm fairly confident that the results will try to draw a line under the various issues that has kept the share price this low.|
|knigel: At least AAT hasn't fallen 25-20% in one day (so far!) like some of the shares I'm holding! Some of the share price movements in the last week days have been real head scratchers!|
|bluprince: Hi Duncan
I think the share price has been declining on the back of very limited news rather than the CEO's performance, I have the feeling that the comming RNS is the make or breaker for AEA, high risk high reward as has already been stated.
PS. Got a quote earlier 0.2477 to buy.|
|duncandisorderly: It would be nice if it was 14 straight buys and the price is moving North.
I think we have to face facts and imo there are still institutional shares being sold which is fine while pi's pick them up but what worries me is when that dries up.
The share price hasn't moved up in weeks and continues to go southwards.I don't want to end up like DTZ WHEN ALL THE INSTTUTIONS SOLD AND THE PI'S LEFT HOLDING WERE SHAFTED BIG TIME BY THOSE ABSALOUTE BAS*RDS.CAPS LOCKED AGAIN,SORRY.
I honestly don't know what is going to happen with this bloody share but it doesn't look like for a t/o as I haven't seen any sign of share accumulation.
Sit and wait I suppose..........................|
|crosswire: AEA order book gives hope of a comeback
Wed 30 Nov 2011
AAT - AEA Technology Group
Name Price %
AEA Technology Group 0.70p +40.00%
FTSE Fledgling 4,079 +0.62%
techMARK 1,850 +2.85%
Support Services 4,191 +2.61%
LONDON (SHARECAST) - AEA Technology, the energy and sustainability consultancy has seen its its share price rise dramatically this morning following an encouraging set of half yearly results.
Broadly speaking, AEA has had a terrible year during which the stock has lost 90% of its value. The nadir was reached on 16 November when the company issued a profit warning on the back of a poor performance by its US business. Several expected orders had either come in late or not materialised at all.
As a result, the chief executive Andrew McCree resigned leaving AEA in a distressed state.
It is heartening, then, to read that the ship has been steadied.
The company has agreed new banking covenants with Lloyds providing continued access to an overdraft "for the foreseeable future". It has also appointed an interim chief executive, the technology specialist John Lowry.
Dealing with the immediate issue of the banks and leadership in the space of just two weeks has impressed the market. The other element of today's statement that has raised eye brows has been a bumper order book, which is up 84% at £73m, compared to £39.6m at the same point last year.
None of this disguises the fact that AEA is still in very choppy waters, a reality underlined by its £2.1m pre-tax loss in the last six months and debt at £34.3m, up from £28.3m at the end of March.
AEA's chairman Dr Paul Golby said he was disappointed that, having traded in line with expectations during the first half of the year, profit and revenue declines will impact the second half.
Nevertheless, shares in AEA were up 35% by 10.53am at 0.677p.
AEA Technology share price data is direct from the London Stock Exchange