India Outsourcing Services Share Discussion Threads

[johnma] 15/1/2008 11:04

From the UPS board.

Tue 15 IOS 14.75p
Company has cash to value of 26p per share, currently trading at 14.75p - news of an acquistion due anytime. Oversold and buyers returning.

[johnma] 15/1/2008 10:40

More buys coming through today - maybe we might be in for some news.

[johnma] 14/1/2008 17:26

Couple of friends bought today

1. 50k and the other 70k

[stuart14] 14/1/2008 14:24

This has fallen off a cliff today. Very disapointing.

[stuart14] 10/1/2008 17:13

CFD's aren't tax free, Spreadbets are though. Either way, reckon you could be right

[v01101999] 10/1/2008 13:48

may be conversion of stocks to CFD?

[stuart14] 09/1/2008 09:46

LOL! And there it is. Credit Agricole.

[stuart14] 08/1/2008 16:22

Looks like Tchenguiz split his holding between ABN, Deutsche and I guess 1 other to be reported yet.

[johnma] 08/1/2008 15:59

India Outsourcing Notifiable Interest




RNS Number:3382L
India Outsourcing Services PLC
08 January 2008

India Outsourcing Services PLC ("the Company")

Notifiable Interest



A form TR-1 containing the following information has been received by the
Company.

TR-1 notification of major interests in shares

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:

India Outsourcing Services PLC

2. Reason for the notification

An acquisition or disposal of voting rights

3. Full name of person(s) subject to the notification obligation:

The Royal Bank of Scotland Group plc

4. Full name of shareholder(s) (if different from 3):

ABN AMRO Bank N.V

5. Date of the transaction (and date on which the threshold is crossed or
reached if different):

28/12/2007

6. Date on which issuer notified:

02/01/2008

7. Threshold(s) that is/are crossed or reached:

3%

8. Notified details:

A: Voting rights attached to shares
Class/type of Situation previous to Resulting situation after the triggering transaction
shares Triggering
transaction Notification required under DTR transitional provision 7
if possible using
ISIN CODE
Number of Number of Number of Number of voting rights % of voting rights
Shares Voting shares
Rights

Direct Direct Indirect Direct Indirect


GB00B0YTNL47 N/A N/A 871,000 871,000 N/A 9.18% N/A

B: Financial Instruments
Resulting situation after the triggering transaction


Type of financial Expiration date Exercise/ Number of voting % of voting rights
instrument Conversion Period/ rights that may be
Date acquired if the
instrument is
exercised/ converted


N/A N/A N/A N/A N/A

Total (A+B)
Number of voting rights % of voting rights


871,000 9.18%

[stuart14] 04/1/2008 11:05

If they are suspended and have to return cash to share holders I imagine we'll be O.K. They had 27p in cash at the interims so even with dd must have 20p left.

Nick, if you phone them up can you ask them to update the website. I spoke to Amit yesterday but forgot to ask.

He didn't say much really. Wheddon Ltd has sold up, but it doesn't mean Tchenguiz no longer has an interest. He may have just shuffled his holding around

[nickcduk] 04/1/2008 10:57

IOS have been a little unfortunate with their target RTO companies. They were well and truly gazumped on the first deal and then unfortunately decided to focus on some property enterprises that VT was trying to push them into. Not sure what the plan is now but cash shells on AIM are only allowed 12 months to find a business before they are suspended. IOS have had a lot longer than that. Will phone them up and check out what the score is.

[ntv] 04/1/2008 10:34

agreed topvest
i have priced in another £400k+

[topvest] 03/1/2008 22:04

The big question on this one is how much cash have they wasted on the 2 likely aborted deals. Could be quite a lot if you look back at the history of how much this one has panned on aborted deals!

[ntv] 03/1/2008 21:34

stuart
you can fone the company or the stock exchange to complain
they will probably get fined or a slap on the wrists for the posting of inaccurate imformation
let us just hope they are better with their accounts

[stuart14] 03/1/2008 15:54

We must be due some increased holdings RNS's. If they sold 27% then the other trades would account for the stock going elsewhere?

[stuart14] 03/1/2008 15:52

Really very confusing.

[krazykid] 03/1/2008 15:49

Ah, the disposal of 2,612,500 shares.....

[stuart14] 02/1/2008 20:46

NTV, I think you've got it with the later. Expect someone to be readjusting their holdings. The meaty trades all seem to add up to that massive trade that equated to 25% of the Co.

[ntv] 02/1/2008 20:31

stuart14
i reckon it must be off vincent but could it be off blue oar as well?
there have been some meaty trades over the christmas period
website is out of date anyway and should have been kept updated
db could be acting as nominees for somebody but we will have to wait and see

[stuart14] 02/1/2008 14:33

Intreresting. Deutsche now an 11% shareholder. Are they taking stock off the market, or off Tchenguiz?

[ntv] 01/1/2008 09:09

happy new year

[ntv] 01/1/2008 09:09

nett cash will have dropped as well
operating costs for dd so probably buying into at about 66%/70% of nett cash which is ok
worth looking at vle which has a strong nett cash position and interesting bunch of directors plus a business which appears to making a profit

[ntv] 01/1/2008 09:05

not much chance of a deal i don't think stuart
they will probably rattle on about dd or perhaps they found something during dd but lloks like what ever was on the cards is now off
i am guessing that vincent has jumped ship along with at least one director
it will leave this open for the new investors
35k was mine

[stuart14] 31/12/2007 10:51

Was that your 50k? The MMs haven't seemed to want to hold stock at all, but i reckon there must still be a bit hanging around. Shouldn't take long to clear, especially if they get this damn deal done!!