We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Arteon | ARTO | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 3.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 3.00 | 3.00 |
| Top Posts |
|---|
Posted at 31/12/2011 10:10 by ggekkko CT, I have been in touch with Peter Hagerty (Chairman) and requested answers to the following questions, which I feel shareholders should receive some feedback on:Did Orchos ever really exist? was it property investment management software, trading software or did it have search engine potential as you sometimes eluded to? How could it be all 3 or have the potential to be all 3? Why bring something to AIM when in hindsight ARTO appears to have fallen flat on its face? The only thing that would appear to have benefited ARTO would be a £50k placing and investors have little knowledge towards the use of those funds. What was IOMCO and did it ever really exist? Why was the financial year end moved and why did investors never see the related reporting? Why have investors never been informed towards the current and future position of the business (so much for transparency!)? So far, although I have received a short response by way of recognition, none have been answered. I hope we will receive something in due course. In the meantime I will be looking to publicise a timeline in the header that highlights the mysterious demise of ARTO. |
Posted at 04/3/2011 13:23 by clocktower gg, I hope that any investment made in ARTO has not caused any stress or worry but it was disappointing to see such sort-lived promise.Although de-listed do you know of any news from the board of directors and now that the website is off-line how can you find it? |
Posted at 14/3/2010 11:01 by ggekkko anyone found any further news on arto? |
Posted at 15/2/2010 19:50 by ggekkko JR - from the Interim statement...The negative equity position of GBP108,000 includes the effect of GBP137,000 of management charges which, together with an additional GBP12,000 cash loan, are fully financed by an interest-free subordinated facility provided by the major shareholders. The interested shareholders have confirmed that they have no intention of calling the facility (which in any case requires a minimum of 12 months notice) in the near future and that, in principal, they are willing to extend further such facilities throughout 2010. Perhaps it is formalising this facility...it says 'in principal, they are willing to extend further such facilities throughout 2010.' If so, this will provide the market with more certainty towards the future of ARTO. |
Posted at 01/2/2010 13:16 by ggekkko Difficult to say at this stage as we've little idea on fixed costs - salaries etc. At this stage I can't imagine they'll need an army of people to run things. The gross margins are clearly high, and they are making very good headway in reaching their £300m assets under management exclusivity target, as long as this first one pulls off. Given the state and current value of the property market, if that £300m is achieved (or even with reference to this first case), is there yet further upside to be had from upward valuations in the assets under management as the market recovers? I'm pretty comfortable that there's much further upside in the share price, given the lowly £1m value ARTO stands at now. |
Posted at 28/1/2010 16:07 by ggekkko Management true to their word...Arteon is shaping up to be an interesting play, with good quality and regular updates to the market, being forthcoming. This could be the first step of a major success story. |
Posted at 11/7/2009 08:23 by ggekkko Arteon lists re-born from Turftrax.Non Exec Chairman, Peter Hagerty summed up the strategy. "Opportunities are beginning to appear in world property markets as yields de-compress and over-leveraged portfolios enter various states of distress. We believe that the Company will be able to benefit from these opportunities in the coming months and, through the structures which it implements, will be able to pioneer a new level of investor transparency which has too often been missing from listed property vehicles." To follow this, on the 27 Oct 2009, Orchos was unveiled. Background Orchos has been in development since early 2007 and will offer Arteon a flexible framework with which to service property funds and their underlying assets. The platform is designed to hold investment properties individually in specialised ATVs and employs a specialised and fully integrated reporting mechanism to deliver greater transparency for investors than has been possible to date. Arteon investment managers could potentially increase intra-fund liquidity, and, at the ATV level, qualified investors and institutions can optimise portfolios, targeting income and growth at a granular level - for example a city, postcode, sector, street or individual asset. This potential to offer "exposure on demand" is a key feature of the Orchos platform which could be used to aid rapid diversification or to hedge existing positions. On 30 Dec 2009, the interim results statement suggests milestones are being reached. "Following the preparatory steps taken in 2009 we hope, during 2010, to begin generating revenues as platform provider and asset manager to a new breed of transparent property funds and vehicles" "this platform should give Arteon a unique competitive proposition in the investment property marketplace" " talks are underway with a number of parties interested in establishing the first of these entities" "We will be previewing the platform at launch events in the UK and mainland Europe beginning in January 2010 and I expect to be in a position to update you further on concrete progress towards the showcase funds at that time." On 28 Jan 10, ARTO is appointed asset manager for IOMCO |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
