Aukett Swanke Share Discussion Threads

[masurenguy] 14/5/2010 12:58

Will all of this help them to return to profitability this year and the share price recover ? Do you happen to know what this years broker forecasts are for the company ?

[missbossyboots] 14/5/2010 12:47

According to BD, AUK are ranked 82nd in the top 100 Architecture firms in Jan 2010 and ranked 64th by creative staff.

[missbossyboots] 14/5/2010 12:06

RNS : River and Mercantile Asset Management LLP
3. Full name of person(s) subject to notification obligation:
BNY Mellon Nominees Limited

Now above 5%

[miss bossy boots] 08/4/2010 10:08

To sum up:

AUK have lost a quarter of their staff, 'asked' the remainder to take a 10% salary cut, expect business to pick up in Abu Dhabi and have just gained a contract in Germany. They expect 2010 to be flat. Long term having just given shares in the business as an engagement present they can't expect things to fall apart completely or are their airy fairy ways the same as putting their heads in the sand.

Why haven't they made an announcement of the contract win in Germany to build a Sheraton Hotel?

[miss bossy boots] 08/4/2010 09:36

A new premier international trade show for the building and construction industry is being launched in Abu Dhabi as the United Arab Emirates' capital continues to forge ahead with major long-term initiatives. CityBuild Abu Dhabi will take place from 18-21 April 2010 at the Abu Dhabi National Exhibition Centre bringing together industry suppliers, manufacturers, distrib- utors, architects, engineers, importers and procurement decision-makers. "While some cities may have struggled with the global economic downturn, Abu Dhabi is forging ahead," said Graham Wood, group director of ...


AUK are going to be there.

[miss bossy boots] 18/3/2010 09:43

Giving away shares as an engagement present to your son, is that a sign of confidence? Surely noone would do that if the company was going to fail.
They said flat for 2010. They must be hopeful for beyond.

[miss bossy boots] 14/1/2010 09:31

Final results today.

Poor.

[miss bossy boots] 11/1/2010 20:14

Aukett is one of just two architects listed on the London Stock Exchange. Thompson previously said he expected 2010 to be flat

Read more:

[miss bossy boots] 10/12/2009 14:45

Trading update well overdue.

[miss bossy boots] 03/11/2009 12:41

Halabi: no longer keeping up appearances
By Peter Bill on October 21, 2009 8:57 AM | No Comments | No TrackBacks

......... Aukett Fitzroy Robinson. The architects of a six-star hotel at the old In and Out Club on Piccadilly were counter-sued after suing Halabi for unpaid fees.............





Looks like AUK are spending alot on legal fees and debt collection this year. Plus the cost of fees unpaid.

[miss bossy boots] 03/11/2009 12:34

Firms turn to debt collector as Dubai pay crisis deepens
28 August 2009

By Roxane McMeeken

Financial Solutions agency sees sevenfold jump in clients – who are chasing £7m in unpaid bills

British construction firms are increasingly turning to debt collectors to tackle the problem of unpaid bills in Dubai.

Financial Solutions, a British debt collection firm based in the emirate, said it was trying to recover fees owed to more than 100 UK construction companies compared with the 15 firms on its books eight months ago.

Gavin Jones, marketing director, said: "Construction is our fastest growing sector in the UAE. We're chasing all sorts of clients, from sole traders to some the biggest developers."

The company is trying to collect about £7m on behalf of UK construction companies that have been waiting for between six and 18 months for their money. Its clients are smaller firms with turnovers of up to £15m, but Jones said he expected approaches from larger operators as payment problems deepened.

Financial Solutions is thought to be the only British debt collection firm registered in the UAE. Many construction firms have private reservations about using such services because of cultural sensitivities in the region around issues such as reputation and honour.

Evan Anderson, co-founder of consultant Blair Anderson, said: "Using a debt collection agency in Dubai is throwing good money after bad because it's not a case of can pay, won't pay, rather it's won't pay, cannot pay. It will not go down well either, but if you're not committed to working in the region perhaps that's not a problem."

Earlier this month, it emerged that the Dubai International Arbitration Centre, which handles claims being settled by arbitration, had £3bn worth of cases on its books. It said it expected to have processed 300 of these by the end of 2009, about 80% of which are construction disputes.

UK firms that have admitted to problems with delayed payments in the Middle East include Aukett Fitzroy Robinson, Arup, Atkins, Hyder, Interserve, Marks Barfield and WSP.



Read more:

[billy_no_mates] 21/10/2009 06:54

"good buy today. any news?", that was just me topping up.
BNM

[cascudi] 19/10/2009 21:00

good buy today. any news?

[masurenguy] 14/10/2009 10:49

What payments are they owed from Dubai ?

[miss bossy boots] 14/10/2009 10:31

Can this company survive is they do not get the payments they are owed from Dubai?

[cascudi] 13/10/2009 19:57

small buy today. any news?

[miss bossy boots] 05/10/2009 13:08

12.5% down at the moment. News anyone?