Atlantic Lithium Share Discussion Threads

[jakleeds] 05/1/2010 14:12

Ok Andy, I've put the link in the header, and will update with any new news/tips we get

cheers

[andy] 05/1/2010 14:06

Jakleeds,

Maybe we should be following the proactiveinvestros.co.uk articles more closely?

[jakleeds] 05/1/2010 14:06

Nice one, congratulations. Go two myself, born on the same day in June 5 years apart.

Have a great 2010 and keep me posted on any shares you like the look of. And if you have any intention of coming anywhere near Leeds then do give me a shout and I may buy you a drink or two.

Anyway, as you can tell I'm excitied about Allocate Software, hoping for another Sage/Torex.

Regards

Jak

[liarspoker] 05/1/2010 12:48

Yeah, not on advfn much. The little fella is keeping me too busy. Got another on the way due late March/early April but Mrs home then so maybe I'll get some more time to myself.

[jakleeds] 05/1/2010 12:40

Afternoon Liars, hope you're well, long time no speak ;-)

[liarspoker] 05/1/2010 12:36

Nice one here jakleeds - well done. :O)

[jakleeds] 05/1/2010 12:35

I suspect some of today's rise must be as a result of the proactive investors update.

Last year's interims were on 21st Jan so there's plenty more good news to come in the near future.

Looking good.

[jakleeds] 05/1/2010 10:05

Yes and off we go again.

[andy] 05/1/2010 10:04

A nice update by proactiveinvestors.co.uk!

[bostonborn] 31/12/2009 09:20

The last interim results were issued on 21st January 2009; anyone know the date for the next interim annoucement?

[jakleeds] 30/12/2009 16:24

Nice to see a little tick up and the spread narrowing slightly. Roll on 2010

[the shuffle man] 22/12/2009 16:17

Looks like a nice break out on the charts. I think the previous high was around 80p which we will hopefully get to on this next leg up.

[jakleeds] 22/12/2009 15:38

What a lovely rise this week so far. And so quiet. Just the way I like it.

[king_roster_iii] 17/12/2009 10:11

Big trade this morning. 550,000 shares swapped by the institutions presumably. Some one cashing in on their 5p profit. What is Thorne doing? Where are the interims?

[robward] 16/12/2009 22:39

Hi Jak
I'm here but as there really isn't any new news I havn't bothered to post !!

Regards

Rob

[jakleeds] 16/12/2009 20:07

Been out since 5am, but what a cracking set of announcements, new contract wins, acquisition completed and will be significantly earnings enhancing in the first year (ok we already nknew this but still nice).

And still such a quiet board which is odd but I ain't complaining.

Wonder where Rob is....

[wjccghcc] 16/12/2009 08:18

They said the following on 27/11. For contracts, see announcements today.

Current trading
The Directors believe that the Company continues to make significant progress despite the current economic
climate. Allocate continues to expand its addressable markets both within the UK and overseas. In addition,
the Company's recent announcement (on 17 November 2009) of a strategic partnership with NHS Professionals to
deliver long-term fully integrated workforce management services to NHS organisations reinforces Allocate's
position within the e-Rostering market for Healthcare in the UK. As a result, the Directors are confident that
the Company's performance for the full year will be in line with their expectations.

[king_roster_iii] 15/12/2009 22:58

WJCCGHCC,
I must have missed that. There was an update about the acquisition of TimeCare on the 27 but the quater did not finish until the end of November. Can you provide a link to the numbers?
Thanks.

[wjccghcc] 15/12/2009 20:09

Do you mean contract wins? They've already updated on current trading on 27/11.

[king_roster_iii] 15/12/2009 19:33

A buy today of 20,000. Lets hope some one knows something and the interims are in excess of £8 million. But if we dont get an announcement this week it will be disappointing and potentially worrying. It is true that Bowles and Scandrett have been out in Sweden sorting out the TimeCare deal but what has Simon Thorne, the FD, been doing? If the company sets up expectations of timely quaterly reporting then they should live up to them.

[jakleeds] 14/12/2009 10:29

The Board of Allocate is pleased to announce that at the General Meeting of its Shareholders held at 9.30 a.m. today, the Resolutions, as set out in the Notice of General Meeting sent to Shareholders on 27 November 2009,
were duly passed without amendment.

[gregmorg] 30/11/2009 16:49

Quite right. I had meant to say lower eps. The difference might, as you say, purely be the envisaged tax charge (I'm afraid I had not looked at that in detail and had thought they still had losses carried forward). It cannot allow for new shares. The deal is not done yet and with those figures no uplift is shown at the pretax level. My take is that would be a pro rata calculation ie a number of months on a old basis and a number of months on an new enlarged capital basis divided into the attributable after tax profits.The eps then reflecting only the period of ownership. Swedish corporate tax,of course,is generally a lot higher than in the UK.

[wjccghcc] 30/11/2009 14:26

They're not. They're forecasting PBT increasing from 3.11mm to 4.52mm. They are forecasting lower EPS but I think that's more of them moving to a normal tax rate plus the increased number of shares after the placing.

[gregmorg] 30/11/2009 12:24

Detailed Broker Forecasts 2010 2011
Broker Date Rec Pre-tax (£) EPS(£p) DPS(£p) Pre-tax(£) EPS(£p) DPS(£p)
Numis Securities... 27-11-09 BUY 3.11 5.66 4.52 5.16
Edison Investmen... 06-10-09 None 2.95 4.60 3.66 5.70

According to this service the Co Broker is now forecasting lower profits going forward! This excludes the acquisition as the date of this submission shows and its not done yet either. The acquisition looks good and its also good to see the statement "significantly enhancing eps". The acquisition's growth pattern over the last couple of years seems a bit indifferent and this year it has a "lower run rate". No doubt they can develop a few synergies even though it will still be run as a separate co. Maybe the revenue momentum eased as the top guys were involved in other negotiations. It is good to see the market cap being bulked up as size widens the institutional base. As can be seen, Edison has different numbers but I have the impression that they are usually paid by the Co to complete a research report. Nothing wrong in that especially when a Co feels there is minimal research out in the market place.

[jakleeds] 30/11/2009 10:36

Nice start this morning. Of course the placing will help boost the stock's liquidity which has been a problem and has been holding the price back. This reminds me more and more of Torex a few years ago.