|India Outsourcing Services
||EPS - Basic
||Market Cap (m)
Real-Time news about India Out. (London Stock Exchange): 0 recent articles
i am not kickin just cos it went down ,i have not had much choice because it never went up
as i have said before
directors who strip cash from a business send the wrong impression
it looks like they are taking money to cover losses elsewhere?
there are no excuses and they cann't and shouldn't be defended
take money when the share price has rocketed because you have succeeded and created a viable sustainable business, thats what business is about isn't it?
or is it?|
|the big fella: NTV
I share your disappointment with the current share price performance. But they have 2.1 mil cash on the books post the transaction. They have a busimess that is profitable. Therefore one would expect the minimum valuation to be in excess of 2.1 mil.
Another thing that should not be overlooked is the value of the leases (I have on good authority these should be booked in c 1 mil).
I am not defending management. On paper they have not created any value for shareholders. But I think we need to give it some time to see how this develops.
It is very easy to jump on the band wagon and kick something when it is down. It is much harder to have the vision to take advantage of opportunities when they arise.
I will not be selling. I have spoken with management. I think they have some decent ideas. I made a lot of money from Pizza Express a few years ago (got in too late and sold too early - but still made a lot of cash). Who know where this will end up.|
|the big fella: NTV - 18 Feb'08 - 18:28 - 1155 of 1156
we now know why vincent cut and ran
share price fell again and they haven't even approved the deal yet!!!
perhaps it is worth voting against it though i only have 60k
Vincent T holds c 28% - has rejigged where the shares are held for tax reasons but hasn't sold.|
|ntv: we now know why vincent cut and ran
share price fell again and they haven't even approved the deal yet!!!
perhaps it is worth voting against it though i only have 60k|
|hardie1960: The big fella,
re credibility on ggg, I think that I have been shown to be right again - just look at the share price graph.
Re this one, i'd say that the owners just need a business, any business, as a home for their money.
We shall see. I know the restaurant business pretty well, I made much of my own money there before switching to property investment.
Its not a great business to be in at moment, and with this management I see a steady drip in the share price here down to single digits.|
|stuart14: 201'000 shares, mostly sells. In total that is a grand total of £40k. The MMs keep a really really thin book here, so sells or buys really affect the price quickly. It could have simply been 1 holder liquidated that caused the share price fall today.
There are 3 restaurants and a catering business in the group. The group is profitable and run by the guy who came 2nd in the restauranteer of the year awards last year, in all categories. Beaten by Gordon Ramsey.
Tchenguiz is onboard because they have aggressive and bullish plans for the company. The british Indian Restaurant industry is worth 3 billion per year, and there are over 10'000 individual restaurants in the U.K. If they can grow the Co into a chain then the company will be worth a fortune.
Sure, it is a challenge, and completely different to what we thought they were persuing, but i think the deal is a good one.
Have a look at some other restaurant groups on AIM to see what they could be trying to emulate.|
|master rsi: SUSPENDED
They are on advanced discussions and further announcement in the next few days..........
India Outsourcing Services Plc (the "Company")
25 January 2008
Share price movement
The Directors have noted the recent increase in the Company's share price and
announce that they are in advanced discussions with regard to a potential
transaction which would constitute a reverse takeover under the AIM Rules for
Companies. They have requested that the Company's shares be suspended from
trading on AIM pending a further announcement in the next few days.|
|simon54: Can't resist:
"It might help though is someone with keen interest in IOS comes out with some fact based possible scenerios for IOS. i.e. what if they do indeed end up doing the deal with the announced two opportunities. What exactly would that mean in terms of deal size, deal funding, market cap of the resultant company/post deal entity and impact on share price."
- any intelligent comment possible from the bulls, other than just flaming anyone who asks sensible questions? Huh?
[Incidentally, RA1, describing the expenditure of 600k plus on a failed acquisition (which is what they're supposed to have been achieving, after all) as "a bit of bad luck" strikes me as being a very generous interpretation. A bit of exceptionally bad management, I would say. Remember not to answer now - you claim to have me on filter, so you wouldn't want to make an even bigger fool of yourself! ;-)]|
|v01101999: we should look at what kind of "transaction" IOS can pull off:
a) Outright purchase by cash of an INDIAN entity which will become a subsidiary of IOS aka private equity model. The cash element in the company (2.62 MM as per March account) is too low for that. Agreed, you can gear it up by leverage but that is tough in today's market but even if you can gear it up 5 times, that is a total kitty of 15 MM. I am afraid that is too low to pull of any decent size transaction. I have known companies in India who have raised INR 1 BLN (100 cr) = 25MLN in the form of debt and equity package and therefore the question to ask would be why would a company be willing to sell to IOS instead of raising the required capital on their own without losing their independence.
b) Reverse Takeover - giving an opportunity to list on AIM under IOS name. I am afraid that is not promising to any company who has intention of listing in INDIA. The Indian stock market is perfect place for such companies to list and it is much easier to create a secondary listing on AIM. There is no advantage to be part of a reverse takeover.
c) Part of a consortium -> that is a possibility given IOS and related companies managed by IOS management can raise requisite capital however IMHO I have not heard IOS name with positive tune as part of any recent discussions related to consortium bids. It is quite possible that my sources are biased (as they did not have a good experience to deal with IOS in past) but I have no reasons to disbelieve them. Also since I only have a minute position on this stock, I have not done a great deal of research on IOS and its recent activities. It might help though is someone with keen interest in IOS comes out with some fact based possible scenerios for IOS. i.e. what if they do indeed end up doing the deal with the announced two opportunities. What exactly would that mean in terms of deal size, deal funding, market cap of the resultant company/post deal entity and impact on share price.|
|great2222: Invested in Pounds...now down to Pence in two years and without any acquisition!
At this rate, soon the IOS share price will be quoted in single digits!
£3.00 becomes £0.18... great track record, IOS!
Does it not bother any of the investors that your hard earned money has now almost evoporated...gone...? The investment is almost worthless. The question is what is happening at IOS? Is there anything left except for an eye catching name? Indian Companies are acquiring and investing Billions of Dollars in companies abroad including the UK but after two years, IOS is still waiting for an opportunity in India for which it was supposed to have been set up!! Pardon me if I have missed anythging in the past and if I have not understood the rationale of floating IOS. Perhaps somebody can enlighten....|
India Outsourcing Services share price data is direct from the London Stock Exchange