Alea Share Discussion Threads

[adeyberry] 04/4/2006 07:17

Looks grim to me, views anyone?

[m.t.glass] 03/4/2006 23:57

"..There will be a live audio webcast of Alea's results presentation to analysts
and investors, accessible through the Group's website www.aleagroup.com at
10.00am on Tuesday, 4 April 2006..."

[adeyberry] 03/4/2006 22:09

Most annoyed, tried to up my short b4 close but IG wouldn't let me!!

I'll either be grateful, or somewhat miffed in the morning!!

[m.t.glass] 03/4/2006 17:48

achilles - for shorters, the smaller the 'expected' loss they predict, the better. Actual loss when announced will be weighed against expectations ;-o

The more optimistic the expectations, the worse will be the impact of any numbers that don't measure up. I would have been pleased if analysts had said breakeven or profit was expected ;o)

[achilles] 03/4/2006 17:41

I'm suprised that they are only expecting losses of £23.5 mil.

[Abuse team] 03/4/2006 16:19

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[adeyberry] 03/4/2006 16:18

Well, it's now or never..............

[adeyberry] 03/4/2006 09:48

LOL.... Nice article MT!

[m.t.glass] 03/4/2006 08:18

The Independent, 3 April -

...The private-equity group Kohlberg Kravis Roberts will want to forget Alea. The buyout giants own a 40 per cent stake in the Bermuda-based insurance company, which has been in decline since listing in London in 2003 at a little more than 260p a share. Its stock now languishes at 69.5p after a string of profits warnings, ratings downgrades and resignations.

KKR invested in Alea as part of its 1996 fund, so will need to sell out soon - but the company will need to report blockbuster figures if the exit is to be anything other than painful. With analysts expecting losses of about £23.5m, more bad news would not surprise anyone...

[achilles] 31/3/2006 18:30

I'm sure your right adeyberry. No real volume today 5800

[adeyberry] 30/3/2006 17:43

The results won't lie achilles.....

[achilles] 30/3/2006 17:16

don't see many closing,volume almost nil.

[m.t.glass] 30/3/2006 01:12

Results next Tuesday - one day before UK tax year ends.

[achilles] 29/3/2006 18:09

good down again.

[achilles] 28/3/2006 18:06

supprised at the rise today on a volume of 185000 shares.

[Abuse team] 24/3/2006 18:10

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[Abuse team] 24/3/2006 18:09

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[Abuse team] 24/3/2006 18:08

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[paddyfool] 24/3/2006 18:06

I have a small short on cantor. If stock was available to be borrowed economically it would be a long way further south. I have no idea about the effect of the results. But I am hoping that the lack of anything definative in the way of money being released in the near future will significantly worsen sentiment and a catastrophic negative cash flow. Though patience may be needed with the point at which bad news cannot be denied is probably a little later.

[achilles] 24/3/2006 17:40

thanks paddy, very welcome news

[partner] 24/3/2006 07:31

Paddyfool,nice to see you back posting do you still have a position here I seem to recall you closing some or all of your position with a view of coming back prior to year end results.Price target ?.

[paddyfool] 23/3/2006 19:34

The news on the street is that they have not found a way to realise any money in the near term (ie. their valuation is way to high for anyone to want it). KKR have lost interest having just bought a massive US insurer. The run-off specialists have had a look and didnt like it. More bad news coming and the nav is pure fantasy. Also very odd that the executive are still in place with zero run-off experience...........

[Abuse team] 23/3/2006 17:56

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[achilles] 23/3/2006 17:53

I'm not sure if you'll get in at 80p looking at the trend line which is getting increasingly closer i think 72p could be the max, as the results date of 4.4.2006 gets ever closer. but good luck anyway