Share Name Share Symbol Market Type Share ISIN Share Description
Int.Asst.Man. LSE:IAM London Ordinary Share GB0004602628 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 20.00p 0.00p 0.00p - - - 0.00 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 7.5 -0.9 7.1 2.8 3.44

Int.Asst.Man. Share Discussion Threads

Showing 76 to 100 of 100 messages
Chat Pages: 4  3  2  1
DateSubjectAuthorDiscuss
12/4/2010
15:08
AMN owns a good part of this as 1 of its 5 shareholdings.
davebowler
22/3/2010
09:35
Yet to digest details but seems good that management are also putting their own cash into this.
catandcrow
19/3/2010
21:08
no connection i am aware of. ft market report SMALL CAPS Integrated Asset to form JRJ alliance Integrated Asset Management will be in focus on Monday morning. Just as the market closed on Friday night, the fund management group announced a tie-up with JRJ Group, an investment group started by Jeremy Isaacs, the former European head of Lehman Brothers, and Roger Nagioff, another former Lehman executive. Under the terms of the deal, Integrated and its partners have agreed to invest at least $15m in the JRJ subsidiary that controls Marex, one of the top brokers on the London Metal Exchange. In return, JRJ has said it will subscribe for a 10.6 per cent stake in Integrated at 33p a share. Integrated was flat at 24¾p.
kooba
19/3/2010
18:49
Is IAM connected with AMN?
asmodeus
19/3/2010
17:04
well hello! Integrated Asset Management PLC 19 March 2010 19 March 2010 Integrated Asset Management plc Strategic Agreement with JRJ Group Conditional investment in Marex The Board of Integrated Asset Management plc ("IAM" or the "Company") announces that IAM has entered into agreements today with members of the JRJ Group ("JRJ") , which recently acquired an approximate 75 per cent. stake in Marex Group Limited ("Marex"). To that end, IAM has agreed to invest in Marex with JRJ, provide certain consultancy services and permit and require subscription for new IAM shares by the JRJ partners. Marex is a leading independent specialist broker focused on commodities, financial futures and foreign exchange ("FX"). Marex provides voice and electronic execution and clearing services for commodity markets in metals, energy and agricultural products and the financial futures and foreign exchange markets. Conditional investment in Marex IAM has agreed to invest up to $4 million in a JRJ limited partnership forming part of the JRJ Group, which recently acquired approximately 75 per cent. of Marex. This investment may be supplemented by additional investments from a consortium which IAM is to lead, of between a further $11million and $17 million. The consortium's investment will provide it with a minority indirect equity interest in Marex. The exact size of the stake will depend on the final level of the consortium's investment. IAM's interest in Marex following completion of the investment is expected to be less than 2%. IAM's and its consortium's investment is being made via either one or two specially formed limited partnerships joint venture ("LPs"). Certain of IAM's directors will invest up to US$3.0million in the consortium on a pari passu basis with IAM. It is intended that unrelated third party investors procured by IAM through private subscription will constitute the remainder of the participants in the LPs. No changes to the service contracts of the directors of IAM will arise as a result of the investment, in the event that it proceeds. IAM directors' investments in the consortium are expected to amount to not more than 30% of the total investments via the LPs. For the year ended 31 March 2009, Marex revenues increased by 10 per cent. to GBP79.0 million (2008: GBP71.7 million) with growth in both the commodity and financial products. Commodity products contributed some 60 per cent. of turnover. Marex reported an operating profit for the year ended 31 March 2009 of GBP26.3 million (2008: GBP24.7 million) and a post tax profit for the same period of GBP19.2 million (2008: GBP15.0 million). As at 31 March 2009 Marex had net assets of GBP130.5 million (2008: GBP124.5 million). Conditions relating to the investment and other matters The above arrangements are still subject to a number of conditions including, inter alia, the completion of a fundraising by the consortium of at least US$15 million. If the conditions cannot be satisfied and are not waived, the arrangements may be terminated and in addition, a payment of GBP250,000 may be payable in certain cases by the party responsible for the failure to satisfy the condition. There can be no guarantee that the conditions will be fulfilled. Further announcements will be made in due course as to the progress of the transaction. Subscription for new IAM shares In recognition of the importance of the cross-relationship being established between IAM and JRJ, JRJ partners have agreed to subscribe for 3,636,362 new ordinary shares of 5p each in the capital of IAM for a cash consideration of 33p per share (a premium of approximately 34%to IAM's current share price) by no later than 31 December 2010 representing 10.6% of IAM's expanded share capital. The obligation to subscribe will lapse on the occurrence of certain events including an IAM material adverse change or, in certain circumstances where, $15m is not raised by the IAM consortium for the investment. The subscription price (and number of subscription shares) is subject to customary adjustment in certain circumstances. Enquiries: Integrated Asset Management plc Emanuel Arbib 0207 514 9200 and who is behind jrj http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article7043838.ece
kooba
05/3/2010
17:08
one would hope so,the company is obviously looking for acquisitions as it is sitting on a lump of cash so perhaps they could be subject of a reverse takeover by a financial group looking for listing,cash,useable losses and all regulatory permits in place....could be a flyer fingers crossed.
kooba
05/3/2010
16:54
Nice move at the end as well. Perhaps some news to come.
catandcrow
05/3/2010
09:22
Yes - moving up nicely - now wishing I had bought more on the dip.
catandcrow
04/3/2010
14:24
something afoot?? with 33p cash[eqivilent] and a profitable italian idb business its about time something gave.onward and upward fingers crossed.
kooba
17/11/2009
06:59
hello masurenguy,we are probably looking at break even for the second half,but the cash is being preserved. "The Board remains committed to the management of costs in line with the levels of activity of our underlying businesses. We expect operating expenditure for the second half of 2009 to be significantly lower than that reported for the first half although it is too early to predict whether the group will return to profitability in this period. This remains our goal for both businesses. Our balance sheet is strong and liquid and we are well positioned to take advantage of improvements in market conditions and corporate opportunities as they arise. We are actively considering a number of such opportunities at present and will keep shareholders in touch with any developments." the key here is that the company does not have the critical mass in either of its two operating areas and will make a sizeable acquisition in hopefully the not too distant future which will be transformational and from my knowledge of the management non dilutive. i am slowly picking up when they are offered well inside the price..last purchase 18.5p,but they are unlikely to move much until strategy/acquistion becomes clearer....but if it goes down well could double very sharpish. in the meantime should be no real downside imho.
kooba
17/11/2009
01:19
Still priced at around a 25% discount to H1 cash balance. Assume brokerage income will be the major revenue stream during H2. Anyone got a handle on their trading performance since July ?
masurenguy
30/9/2009
20:08
i also will buy more if there is any slippage in the price..i trust the management enough to not squander the cash...but feel shareholders should perhaps be given a strategy to vote on as there has been a significant change in circumstance.
kooba
30/9/2009
20:02
Well - have bought a little and may buy more - happy to buy at a discount to cash but agree there are obviously issues here. However I note the recent interims created distributable reserves which would allow for a return of capital if management so choses.
catandcrow
30/9/2009
19:24
doesn't look like unfortunately....trading at discount to cash. built up fund management business sold it at the bottom now starting to talk about rebuilding at as a fund management business after 50% market recovery. they appear cheap with cash balances, remaining fund management business and the italian broking operations...but until we know what the management have in mind...no real clues so far...they are likely to stay that way. long term peed off shareholder that has lost faith in management.
kooba
30/9/2009
19:16
Any chance of them returning some cash here?
catandcrow
30/9/2009
19:16
Any chance of them returning some cash here?
catandcrow
16/9/2009
17:06
Integrated Asset Management PLC 16 September 2009 For immediate release 16 September 2009 Integrated Asset Management plc ("Integrated" or the "Company") Completion of the disposal of 51 per cent. of the issued share capital of Altigefi S.A. ("Altigefi") and certain transferred funds contracts by the Company to Sal. Oppenheim (France) ("Sal. Oppenheim France") (the "Disposal" or the "Transaction"). The Board announces that the Court has today approved the proposed Share Premium Reduction and the Capital Reduction in relation to the Disposal. The Company expects to file the order of the Court with the Registrar of Companies on 17 September 2009. As all other conditions to the Disposal have now been satisfied, completion of the Disposal will take place on such filing. It is anticipated that on completion the Company will receive a total payment of EUR3,452,738.79 (representing the cash consideration for the Disposal together with dividend and dividend equivalent payments). Application has been made to London Stock Exchange plc for the ordinary shares held by Sal. Oppenheim jr. & Cie. S.C.A. ("Sal. Opp jr.") in the capital of the Company to be cancelled from trading on AIM at 8.00 a.m. on 17 September 2009. Following cancellation of the ordinary shares held by Sal. Opp jr., the Company will have 30,651,386 ordinary shares in issue. Emanuel Arbib, CEO, commented: "We are pleased that after a long transition period, the Transaction with Sal. Oppenheim France has successfully completed. We have worked very closely with Altigefi and Sal. Oppenheim France over this period to ensure a smooth transition and we wish them much success as they integrate the operations into the Sal. Oppenheim family of businesses. Meanwhile, Integrated has used the past six months to streamline successfully its remaining fund management operations. Whilst the past twelve months have been particularly challenging for our industry, we are pleased to report that there are tangible indications of an improvement fuelled by fundamentals and not only because of the recent run-up in the equity markets. Investors in alternative assets have not disappeared as some had feared during the trough of September 2008 - March 2009; rather, what we are seeing is that investors are now demanding more liquidity and transparency as well as performance. We are satisfied that our funds have performed well this year despite holding very high levels of cash to meet potential redemption requests. To ensure that we continue to have the proper resources post-completion to provide high quality investment and risk management, and service to our clients, on September 14 2009, the Company entered into a strategic relationship with AlvineClontarf, a London and Chicago based alternative investments boutique, to bolster its asset management capabilities especially for sophisticated institutional clients. Following completion of the Transaction, we are confident that Integrated, with its strong and liquid balance sheet, is very well placed to leverage its existing streamlined businesses to take advantage of the opportunities that have been generated by the events of the last year. " The Company expects to report its half yearly results for the six months ended 30 June 2009 on 24 September 2009. Enquiries: Integrated Asset Management plc Emanuel Arbib, Chief Executive Tel: +44 20 7514 9200 Fax: +44 20 7514 9202 arbib@integratedam.com
kooba
29/4/2009
16:32
hi charlie...thought i was alone.picked a few up today but very tight market.looks like nav total £17.7m post disposal of which £14m cash.also the largest interdealer broker in italy has to have franchise value on top of that.big question is what are they going to do with the money..there may be value out there but there are also some big pitholes.may try to contact co to see what their targets are as we are just a big shell now so really need to know the new gameplan.in the meantime might attract a bid from smaller size investment bank as a disguised rights issue once deal completed.
kooba
29/4/2009
13:42
Yes seems to be. £11m at 31/12/08 plus €3.5m today. 42.147m shares before today, and 27.1% holding cancelled today. So (11 + 3.5/1.11)/(42.147x(1-0.271) = 46p per share cash.
charlie
29/4/2009
07:57
re disposal.anyone else coming up with a cash per share figure of 45p?? plus an italian broking op thrown in?
kooba
20/11/2008
14:29
why please? - they have lots of cash
its the oxman
15/11/2008
05:22
no!recievership
master1712
14/11/2008
12:38
have we finally bottomed?
its the oxman
09/9/2008
12:58
down to 35p offered - but other financials are enjoying a rally?
its the oxman
15/5/2008
10:24
Director buy yesterday 200000 shares, £110000!!
spursspurs
Chat Pages: 4  3  2  1
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:42 V: D:20161203 11:40:28