Asian Growth Properties Share Discussion Threads

[scotty500] 30/7/2003 10:32

Someone has lit the fuse on this the past couple of days - news due ? Or just Close asset mgmnt continuing to build their position ?

[hutch] 30/7/2003 10:13

Settled at 61.5 on the Ask. Lets see if we can move up from here

[marcrobin] 30/7/2003 09:37

A site worth checking:-



Its american but it pays uk users. I got a cheque from them this morning for $50 not bad for just opening my mails.

Its not a con, try it.

M.

[tech] 30/7/2003 09:13

Up again today. Are there more 25k buys to come.

[tech] 29/7/2003 19:28

More buys than sells again today. Some nice 25k chunks being picked up during past few days.

If only we could have some news. At the final results Nick Randall CEO stated.
'The year has started out well in terms of new licence wins and the prospects are continuing to build.'

[mr hat] 29/7/2003 15:44

Seems to be some serious activity here these last few days. As I said in an earlier post, there was very little retracement in the share price after it's heady gains. As already noted, more buying interest than selling even while the price was being held down. Obviously could not be held down for much longer.

This indicates good long term interest, especially from institutional investors who are having to build their holdings slowly to avoid the share price going against them.

Also would not be surprised to see a more detailed write up in one of the prominent tech share newletters soon. Even without one, I'd say it's well worth holding on to this stock even after today's rise, or accumulating more if you can afford to.

[tech] 28/7/2003 23:21

Expect that Techinvest will give it a further write up this weekend regarding last months exellent results.

Just a bit of news regarding further licencing deals or contract wins will really set these moving much higher.

Seems that there has been a lot more buying than selling very recently. MM's deliberetly holding price down to try and gain cheap stock.

[potentials] 28/7/2003 23:02

i won't be leaving agp just yet - it has been doing nicely indeed.

[goggin] 28/7/2003 10:08

Have now switched to GBG group, AGM on Wed and rising fast, looking for 36p, 50p & serious resistance at 75p, Do your own research but its worth a serious look.

[mr hat] 18/7/2003 14:59

Not much profit taking going on with AIT at the moment. The stock has held up very well these past few sessions, considering the recent pullback we've seen in the technology sector as a whole, what with the Nasdaq hitting a two month low.

The prospective P/E is still only around 5 at current levels according to the most recent broker forecast. That's extremely low, given the levels some other software players are sitting at right now. I'd say there's alot more potential here assuming the market does not trend any lower in the short term.

[mr.oz] 15/7/2003 13:28

A bit of press



AIT releases Portrait .NET upgrade

14 July 2003 - UK financial software house AIT has released the latest version of its .NET-based Portrait customer relationship software package.

Portrait 2.3 utilises the .NET framework and a Web Services and XML-based architecture to support integration with legacy host systems, relational databases, middleware and EAI tools.

AIT and Microsoft customer Nationwide Building Society has used XML Web Services from the outset to enable the integration of Portrait with its existing systems.


Since late 2002, the project has been rolled out to 7000 staff and the UK building society aims to deliver Portrait to the remaining 4000 staff by the end of the year.


Tim Shaw, CTO of AIT, says: "We see our investment in .NET paying handsome dividends."

[daniel] 14/7/2003 21:09

steady she goes

[tech] 07/7/2003 21:29

More strong buying today. Just need some director buys or contract news to really set these moving much higher.

[potentials] 07/7/2003 14:25

sold just under half my holding last week in the 36 to 38p range - am happy now i held onto the rest - will probably now hold the balance at least until sept 03 results announcement in nov 03.

hope price will continue to drift upwards in the meantime but who knows!

[mh] 07/7/2003 10:49

Strong buying this morning, resulting in a string of delayed trades, all purchases.

[scotty500] 01/7/2003 16:26

I'm out - good luck to those still holding. Hope it continues its rise, but for me it has been blue for too many days on the trot now. I'll be back if it retraces to the early 30's.

[gtr] 01/7/2003 09:00

Mr. Hat,
Thanks you for the detailed annalysis.
GTR

[049balt] 01/7/2003 00:59

Guess who has tipped AIT today?

[mr hat] 30/6/2003 18:27

That's not easy, but I can say the following.

At today close, AIT's market cap is still only 9 million, pretty small for a software company at the leading edge of a market that is set to grow considerably in the next few years. As stated in the recent financial results, 'CRM is currently a US$10 billion USD market and this sector is set to expand progressively in the next 3 to 5 years', and 'Our focus niche, Customer Interaction Management, represents 30%' ... of this market. That's big money.

Put that together with the positive noises coming from AIT's chief exec Nick Randall, who also states he is confident of returning the company to profitability in the current financial year, and I believe you have a stock with some fair potential in the coming months. True the fundraising will dilute the number of shares in issue over time, but this can be easily absorbed with the demand for stock. Some of the recent big volumes suggest institutioanl players getting involved as well. Also a good sign.

The new business plan put together seems very convincing and for any serious players, I would take the time to read the recent results in their entirety. The new management teams looks very organised and focused on achieving their stated goals. Randall also has a very good reputation in the city, also another big plus when one considers AIT's large contact base accumulated over many years of business in the financial arena.

The stock itself is not an easy one to trade, but if you'd just bought and held this one a couple of months ago, you'd be sitting on a very tidy sum, even though there were some good trading opportunites in between. I'm holding this one and increasing my holdings during any temporary dips, whilst ignoring the temptation to bank profits (bar any negative news of course).

Short term, 50p looks a possibility, and that still only raises the market cap to some 13 million. When you consider that another Software player, Atlantic Global (ATL) has trebled it's market value to some 20m in the past month, on 'pending' news, I don't consider that target far fetched at all, as long as the market holds at current levels.

[gtr] 30/6/2003 17:30

Mr. Hat,

Where do expect this one to go in the next 3 months ?? Target Price ??

Thanks for your views ???

[mr hat] 30/6/2003 13:30

Interesting volume today, on a generally low volume day for the market overall.
I like the fact that we've conclusively broken that 30p resistance level too. Seems like there's plenty of demand for this one. Topped up late last week, and will be looking to buy more as soon as my funds allow.

[scotty500] 30/6/2003 13:11

Who - techinvest ? Whoever it was is about 20p too late !

[scotty500] 30/6/2003 11:46

GAP UP on today's chart alerts.