Avisen Share Discussion Threads

[tsmith2] 26/5/2011 10:32

Tech £50k!

doubt we'd be down if that was the case!

[protean] 26/5/2011 10:20

3rd largest holding in the Smaller Companies fund which has a good track record:

[protean] 26/5/2011 10:18

Just bought some at 5.35p

[protean] 26/5/2011 10:17

Last t1ps advice in March was:

"So where does this leave Avisen? At the current 6.25p, the company is capitalised at little more than £14 million. I reckon net cash will total around £10.5 million and that its non-core 'Storage Fusion' division also could, and I reckon will, be sold - for anything between £3-7 million. The current market cap is thus already effectively covered. This leaves a remaining business growing strongly, with good management, with hefty tax losses to utilise and which I anticipate should be currently generating an annual pre-tax profit in excess of £1 million, in for nothing. The SF t1ps Growth Fund is currently gorging since this looks a complete nil-brainer. The stance is "strong buy"."

[tech] 26/5/2011 10:11

Picked up £50k at 5.4p (not showing), loads of cash and last year results in July.

[cammy3] 26/5/2011 10:06

Thanks Green Giant !!!

[cammy3] 25/5/2011 10:02

Just bought 100,000 at 6p per your suggestion GG. Purchased with ease - must have something to do with these 2 trades which are showing at the moment.

[greengiant] 25/5/2011 09:23

Cammy,

No date set yet

gg

[cammy3] 23/5/2011 20:42

when is next results due?

[cammy3] 17/5/2011 19:17

Tsmith - whats your view now?

[the big fella] 26/4/2011 16:33

Me too. I think there is plenty more to come from AVI.

[cammy3] 26/4/2011 16:33

So am I gg. Nice to see you on board at HVE too. I'm in HVE and Styles and Wood.

Avi is now estimated to have c10m of cash - 7p is too low but will wait and see if this re-rates like hve and sty

[greengiant] 26/4/2011 16:28

Cammy, Still in here.

gg

[cammy3] 26/4/2011 16:20

Whats going on today ?

[412069] 13/4/2011 16:05

Up & down like a pro's knickers as allways again.

[solarno lopez] 03/4/2011 10:58

Most encouraging lets hope it gets there whether it be 14p or 20p

[protean] 03/4/2011 10:41

TW looking for 20p plus next year...



"I received an email today which is most pleasing. I tipped Avisen (AVI) about eight months ago at 3.625p saying that the shares would zoom quickly. They did not and one correspondent has picked me up on this repeatedly saying that he was thinking of selling and I had got it wrong. To his credit with the shares now at 7.75p he emails to say "well done" and that he is thinking of buying more. I would not deter him. Our funds have bought, bought and bought more at levels up to near the current share price ( and as low as sub 3p) during the past eight months and I reckon that the shares are worth 14p so think the fun is just starting.

14p? I reckon post tax profits this year will be £2 million and year end net cash £12 million. A PE of 10 + cash = £2 million = 14p per share. That is an aside. Next year the numbers will be better still and the shares should be 20p plus."

[tsmith2] 01/4/2011 10:42

let the trend be your friend on this one..

possibly more news on contract wins..

[argy2] 01/4/2011 09:55

Was there any doubt it was coming?

[solarno lopez] 01/4/2011 09:53

a solid company then

[tsmith2] 01/4/2011 09:48

looks like the money has come in!

straight past 10p! here we come!

[tsmith2] 31/3/2011 17:07

£6mn in the bank tomorrow..

Completion of the Transaction, which is subject to the provision of certain standard documents by IHL and Logicalis, is scheduled to take place on 1 April 2011 ("Completion").

The total consideration received by the Group in respect of the Transaction will be GBP8.65 million, consisting of cash of GBP7.3 million and the assumption by Logicalis of the net liabilities of Inca as at the time of Completion, subject to a maximum of GBP1.35 million. The cash consideration will be settled in two stages:

-- GBP6.0 million payable at Completion;

[someuwin] 31/3/2011 13:30

Slowly but surely creeping up.