ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

ALN Alterian

110.375
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Alterian LSE:ALN London Ordinary Share GB0009221044 ORD 25P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 110.375 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 110.375 GBX

Alterian (ALN) Latest News

Real-Time news about Alterian (London Stock Exchange): 0 recent articles

Alterian (ALN) Discussions and Chat

Alterian Forums and Chat

Date Time Title Posts
02/1/201210:35Alterian: be insightful and get yourself an edge1,633
08/7/200910:11Alterian - A Future Winner ????376
22/11/200701:22 Tell (ALN) its time to buy.1
24/1/200508:18Alterian - a chip and pin play3

Add a New Thread

Alterian (ALN) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Alterian (ALN) Top Chat Posts

Top Posts
Posted at 30/11/2011 09:16 by somerset lad
No offer with this morning's interims. It can't be in ALN's interests to let this drag too much as it creates further uncertainty for customers (contrast Arena where there have been two one month extensions to the put up or shut up), so I guess it will be Monday morning.

Equally, no statement that the talks have failed, which implies that nothing insurmountable has come out of the due diligence and that 110p is still on the table.

The interims make interesting reading. Turnover is down 6%. If that is extended to the full year on the restated basis, we get turnover of £36.5m. The ongoing cost base has been reduced to £38.5m with a further £10.6m of savings to come, leaving the ongoing cost base at £27.9m. If, as ALN claims, the costs savings won't affect its ability to sell and deliver products, this gives an ongoing profit base of £8.6m. ...And we're told that ALN has £23.3m forward visibility, which covers 83.5% of the ongoing cost base. ...And we're told that the target is for organic revenue growth of 15% pa. Even allowing for the customary optimism of a management faced with an unsolicited offer, this paints quite a rosy picture. If SDL make an offer on Monday they send a signal to other potential bidders that there's nothing terrible in due diligence; and the interims suggest that there is more upside (even without any synergies) than 110p implies.
Posted at 10/11/2011 08:10 by cockneyrebel
SDL had £53m cash at the interims - nearly enough to pay for ALN out of their wallet = 110p in cash is easy for them imo.

CR
Posted at 25/10/2011 21:06 by cockneyrebel
I'd like it to come to nothing if all they are bidding is 80p. Directors buying @ 84p and having said this in the recent RNS - "The Board advises shareholders to give the new management team the necessary time to complete the business review, execute its strategy and deliver greater shareholder value in the near and medium term." I think that's a genuine appeal and a good clue that there's far more value here than 80p a share imo.

CR
Posted at 25/10/2011 03:25 by gargoyle2
Haha, that's funny. Below is what the FT has to say today. Seems Panmure can't make up it's mind what to do. Buy with a 90p target on the one hand, but a great opportunity to exit at 80p on the other. These monkeys make me laugh.
----------------------

"Alterian jumped 27.6 per cent to 81p after the website management and marketing software maker received an 80p takeover offer from SDL , which rose 0.4 per cent to 660½p. Alterian, which has delivered a string of profit warnings, said it "unequivocally" rejected the offer which "significantly undervalues Alterian, based on both the company's current position and its future prospects." Analysts were less certain.

"This is a great opportunity for Alterian shareholders to exit," said Panmure Gordon analyst George O'Connor. "We think that the operational plan with the existing Alterian management will entail two years of pain, coupled with a discounted rights issue." He added: "We think that SDL could be persuaded to increase its offer marginally. Indeed, we would suggest sweetening the deal with SDL shares in order to enable Alterian investors to experience some of the upside, should the deal progress. [But] should the bid fail (it is even money), we will be back to a worse position than where we started – ie below 57p undisturbed price and looking at a rights issue."
Posted at 24/10/2011 10:40 by cockneyrebel
I think these have always had a good product, screwed up by directors more focussed on buying and selling shares at the most opportune time for them.

New CEO and chairman at the helm, both buying significant amounts of shares well over the current share price recently.

80p would be a disappointing take out price - I'd accept a pound seeing I bought in recently and got the bulk last week at just over 50p but I was buying because I thought they were cheap at 80p recently just on valuation, seeing markets seem to be turning too.

CR
Posted at 24/10/2011 08:18 by cockneyrebel
SDL's a half billion pound co, 100p+ a share no problem to them.

Personally I think these were oversold at 84p which is why directors were buying then so probably worth over 100p in their own right if that's the directors view imo.

imo, dyor

CR
Posted at 20/10/2011 21:52 by cockneyrebel
No, I just get titred of every stock you're in you suggest there's a bid coming.

These are oversold imo, they look very cheap, new directors are buying at a price well over this level, the chart has double bottomed.

That's why I'm buying, I don't think anyone is planning a bid and if they are that's just guess work imo.

CR
Posted at 20/10/2011 18:45 by cockneyrebel
It is if you're long imo.

large volume often indicates a seller clearing and can change the availability of stock. If he's dried up then any buying should move this up here on, and hopely as fast as it came down. I couldn't see anything in the last two statements to justify th selling myself.
Posted at 17/10/2011 14:49 by cockneyrebel
Double bottom?:
Posted at 14/10/2011 08:24 by darlocst
I know, its great isn't it M.T.Glass! A classic turnaround story in the making.

Old board gradually being cleared out, new management in with revised strategy. FD kitchen sinking figures. Presumably final write off (intangibles, etc) coming at end of review period.

Performance in-line with management expectations and new directors buying shares before the close period yet the share price keeps going down.

Watching for now but hoping you shorters can drive the share price even lower because if new management do a good job there is going to be some great money to be made on the upside.
Alterian share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock