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IQH IQ Holding

0.08
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
IQ Holding LSE:IQH London Ordinary Share GB00B29LZR97 ORD 0.01P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.08 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.08 GBX

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Date Time Title Posts
19/10/201009:21GET IT WHILE YOU CAN565
20/11/200919:28ANOTHER theresearcher RAMP - BE WARNED!!18
22/4/200921:41coming of age10
27/2/200809:39pepsi and mars-

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Posted at 16/10/2010 08:16 by sagem
EXPECTED ADMISSION DATE:

19 October 2010


For new company....... 1Spatial provider of products and services that enable clients to collect, audit, manage, modify and reuse geospatial (location based) data

WORTH LOOKING AT....WOW THIS COMPANY IS HUGE AND VERY INVOLVED
............... ALSO......................................................

IQ Holdings has seen its share price rocket so far today following the news that 1Spatial, the mapping technology company, may be about to launch a reverse takeover bid for the company. 1Spatial is looking for a means to expand their business further into Europe and IQ Holdings looks like being the most likely candidate. The news of a possible deal has seen their share price increase by 50% up to 0.12p per share.

europe next stop all looking good going forward
Posted at 09/10/2010 09:19 by sagem
KNOWING YOUR COMPANY AND HISTORY.....ALL VERY INTERESTING

1Spatial goes public

Last Updated on Monday, 04 October 2010 07:54
Written by News Desk
Sunday, 03 October 2010 18:38

News - Technology

ShareThisCambridge geospatial data specialist, 1Spatial, is joining London's AIM market through a reverse takeover, subject to shareholder approval being given at a general meeting on October 18. The company is reversing into AIM-quoted shell IQ Holdings.

The new enterprise will be called 1Spatial Holdings. Based on a share price of 0.05p per existing IQ share at close of business on September 30, the offer values the entire issued share capital of 1Spatial at £9.54 million. Currently private, 1Spatial was established in 1969 as a spin-out from a Cambridge University research group. It has evolved into an industry-leading provider of geospatial supply chain solutions. These solutions are based on standards (such as W3C; ISO ITC/211 and OGC) and through the use of master data based on geometry deliver higher returns on investment for spatial data users.

The Cambridge Science Park company makes further use of the geometry to guarantee the quality of the data and to provide the basis for automating maintenance as real world changes are reflected in the data themselves. Geospatial data are increasingly found at the heart of business processes across a wide range of organisations, enabling delivery of government policy and citizen-centric services. It is most useful when it is accessible, easily shared and trusted. 1Spatial works with organisations throughout the world to unlock the real value of their investments in geospatial data.

Recent award winning solutions include the No.1 AIDU (Royal Air Force documents unit) and the Property Registration Authority, Ireland. 1Spatial has had significant success in the UK & Ireland, mainland Europe and Asia Pacific and the priority focus will remain on these territories.

The current directors of 1Spatial – Nic Snape, Dr Mike Sanderson, Peter Bullock, Duncan Guthrie, and Steve Berry – will replace IQ's David Marks, Russell Darvill and Julian Green on completion of the deal. Marcus Hanke, CEO at Avisen plc and a non-exec director 1Spatial, will also be appointed to the board as an independent non-executive director.

David Marks, chairman of IQ Holdings, said: "We have been looking at potential acquisition candidates for some time and we believe 1Spatial offers our shareholders a significant opportunity. "1Spatial's management has a wealth of experience within the data sector and has steadily grown the business, both organically and through acquisition. The company has a proven financial track record and a solid business model which we believe offers considerable growth potential."

IQ completed the disposal of its two remaining trading businesses, Rosslyn Research Limited and Viewpoint Field Services Limited, on February 1. That effectively rendered it a cash shell and an investment company under AIM rules. It was then required to make an acquisition or have its shares suspended.
Posted at 09/10/2010 09:04 by sagem
mentioned in uk city media

IQ Holdings has seen its share price rocket so far today following the news that 1Spatial, the mapping technology company, may be about to launch a reverse takeover bid for the company. 1Spatial is looking for a means to expand their business further into Europe and IQ Holdings looks like being the most likely candidate. The news of a possible deal has seen their share price increase by 50% up to 0.12p per share.
Posted at 05/10/2010 19:56 by jister1
I thought it would work out a 1000:1 regardless of share price on consolidation?

Price after consolidation is 12p for arguments sake

and you own 1000000 shares / 1000 = 10,000 after consolidation you would be sitting on £1200

If price after consolidation is deemed to be 14p you still have the same amount of shares but will be in profit £1400 with the same amount of shares?

If that is the case after consolidation you could actualy be in profit depending on the price after consolidation or ofcourse you could be nursing a loss if it ended up around the 9p mark?

I might be wrong...so don't worry but it's how I thought this would be played out?
Posted at 05/10/2010 19:16 by sagem
Jister1.... I sold some today and made a profit, bought back same amount. I have decided to hold my complete holding and into the new regime as I feel that the company has huge potential going forward which will be reflected in the share price, although a consolidation is to take place our cash amount should remain the same higher share price less shares same amount of cash originally invested......fingers crossed all works in our favour. Good luck
Posted at 02/10/2010 07:49 by sagem
check out case study ..........


///////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////

FROM SHARE CAST


1Spatial reverses into IQ
Fri 01 Oct 2010

IQH - IQ Holdings

Latest Prices
Name Price %
IQ Holdings 0.080p +60.00%

Support Services 4,086 -0.64%

LONDON (SHARECAST) - Location-based software company 1Spatial is reversing into AIM-quoted shell IQ Holdings.

Shares in IQ rose by 60% to 0.08p each. That would value the enlarged group at £15.3m.

A consolidation of 1,000 existing IQ shares into one new share is planned. An all-share offer of 16.345 consolidated IQ shares for each 1Spatial share will give 1Spatial's 29 shareholders 90% of the enlarged group. These shareholders are also getting a combined dividend of nearly £200,000 from 1Spatial.

The company provides software and professional services to mapping companies plus application specific services to other customers. This helps the customers to manage data and make sure that it is as up to date and accurate as possible.

The software is a one-off sale with annual support revenues. The professional services revenues are generated from maintaining and supporting the software and data.

1Spatial's clients include Ordnance Survey, Vodafone, eurographics and the Environment Agency. 1Spatial has helped the Environment Agency to efficiently update and validate its national Flood and Coastal Defence Database.

Management blames delayed contract decisions for a fall in revenues from £8.4m to £8.01m in the year to June 2010. Gross margins fell but 1Spatial reduced its admin costs. Pre-exceptional profit fell from £366,000 to £248,000. These figures do not include discontinued activities.
Posted at 01/10/2010 13:40 by solaking
hi sagem & all,
please your opinion:
should i sell before consolidation or should i hold until after consolidation?

reason i asked, i only have a small holding 719,741 @0.08p which cost me £566.64 on the last spike at the start of august 2010. so you see after consolidation i will only have 719 shares so as you can see for me to breakeven after consolidation the price will have to be 78p 719*78p=£566.64.
so you see where i am coming from. any suggestions or correct me if i am wrong.

can we get to that price as share price post-consolidation & post-RTO?
your explanation will be appreciated.
Posted at 01/10/2010 11:03 by gonefishing3
not a holder guys but here.
1st October 2010

Analyst: Philip Morrish
Email: philip.morrish@gecr.co.uk
Tel: 0207 562 3362

1Spatial* - Initiation of Coverage; Reverse Take-Over of IQ Holdings; Buy at 0.05p with a 0.123p initial target price

Key Data

EPIC

IQH
Share Price

0.05p
Spread

0.04p - 0.06p
Total no of Shares

21,205.291 million
(post 1Spatial takeover)
Market Cap

GBP10.6 million
(post 1Spatial takeover)
12 Month Range

0.0375p – 0.25p

Market

AIM

Website

www.1spatial.com

Sector

Software & Computer Services
Contact

Nic Snape
Chief Executive
01223 433445
1Spatial as a well developed and focussed location based software business is returning to the public markets through the reverse take-over of IQ Holdings plc, a shell company.

The takeover is subject to IQ Holdings shareholder approval in General Meeting on 18 October 2010 and will result in 1Spatial's shareholders controlling 90% of the enlarged but consolidated ordinary share capital.

1Spatial ended its financial year to 30th June 2010 with net cash of £0.481 million and sales and profits of £8.008 million and £0.073 million respectively. 1Spatial's strong management team has refocused the group's sales and marketing effort to capitalise upon the increasing numbers of geospatial opportunities that continue to emerge for this large ($2.65 billion market) and fast growing market (CAGR 38.4% 2006 – 2010).

1Spatial has net cash and is operationally geared and we are confident, subject to there not being a double dip recession, that our sales and, therefore, pre-tax profit and earnings per share expectations are deliverable.

We are valuing the group on an EV/EBITDA basis. Therefore, with the 'consolidated' shares trading at 0.05p on the enlarged issued share capital, the market capitalisation is £10.603 million but the Enterprise Value is £10.122 million, which is 9.51 times reported 2010 EBITDA of £1.065 million. However, we estimate that by the end of the financial year to 30 June 2012, the group will have increased net cash from £0.481 million to £4.182 million, which opens up the potential of the group paying a dividend as early as next year. Despite the increase in net cash, were the shares trade on the same EV/EBITDA multiple of 9.51 times, then, based on our 2012 forecasts, the shares should trade at 0.123p and with the shares trading at 0.05p, we initiate coverage with a recommendation of buy.
Posted at 01/10/2010 08:29 by waleriuszwatrobka
...£10-ish mln

"Based on a share price of 0.05p per Existing IQ Share as at close of business on
30 September 2010, the Offer values the entire issued share capital of 1Spatial
at GBP9.54 million. In the event that the Offer is accepted in full by all the
1Spatial Shareholders, 1Spatial Shareholders will hold 90 per cent. of the
enlarged issued share capital of IQ."

1,787.20m x 0.06p = £1.08mln + £9.54mln = £10.6mln
Posted at 01/10/2010 07:06 by sagem
AT LAST SOME VERY GOOD NEWS



1 October 2010







IQ Holdings plc

("IQ Holdings" or the "Company")





Proposed acquisition of 1Spatial Group Limited ("1Spatial")

Share Consolidation

Admission to trading on AIM

Notice of General Meeting



Key Points



· IQ Holdings ("IQ") has reached an agreement to acquire the entire issued share capital of 1Spatial Group Limited ("1Spatial")

· 1Spatial is a leading provider of products and services that enable clients to collect, audit, manage, modify and reuse geospatial (location based) data

· Current clients include Ordnance Survey, Environment Agency, Cable and Wireless, Royal Air Force, and The Scottish Government

· Following completion of the Acquisition, it is proposed that the name of the Company be changed to 1Spatial Holdings plc in order to reflect the new business strategy




· On completion, the Board members of IQ will step down and the current 1Spatial Board members will take their place





IQ Holdings, the investment group, is pleased to announce that it has today reached an agreement to acquire the entire issued share capital of 1Spatial Group Limited, a leading provider of products and services that enable clients to collect, audit, manage, modify and reuse geospatial (location based) data. Pursuant to the AIM Rules for Companies, the Acquisition will constitute a reverse takeover and will be subject to shareholder approval.



Shareholder approval will be sought at a General Meeting of the Company to be held on 18 October 2010. A resolution to effect a share consolidation through the conversion of every 1,000 Existing IQ Shares of 0.004p each into one IQ Share of 4p each will also be put to IQ Shareholders at the General Meeting. A circular ("Circular"), which comprises an admission document, is being sent to IQ Shareholders today and will be available on the Company's website. The Circular sets out the background to and reasons for the Acquisition, as well as explaining why the Directors consider the Acquisition to be in the best interests of the Company and unanimously recommend that IQ Shareholders vote in favour of the GM Resolutions.



1Spatial provides an intelligent data quality and integration platform for organisations worldwide that need to trust their location-based information. The solutions and services provided are well suited for organisations, which handle high volumes of business critical location-based data. To date, 1Spatial has had significant success in the UK & Ireland, Mainland Europe and Asia Pacific and, therefore, the priority focus will remain on these geographic segments.



1Spatial sells its technology and services to a wide range of organisations, all of whom create or use information which has a location-based element. These organisations include national mapping and charting agencies, public sector organisations, energy and utilities, telecommunications, transport and distribution and defence. (Current clients include Ordnance Survey, Environment Agency, Cable and Wireless, Royal Air Force, and The Scottish Government)



Following completion of the Acquisition, it is proposed that the name of the Company be changed to 1Spatial Holdings plc in order to reflect the new business strategy.



The current Directors of 1Spatial are Nic Snape, Dr Mike Sanderson, Peter Bullock, Duncan Guthrie, and Steve Berry. On completion of the Acquisition, David Marks, Russell Darvill and Julian Green will step down from the Board and the 1Spatial Directors will be appointed to the Board in their place. In addition, it is proposed that Mr Marcus Hanke be appointed to the Board as an independent Non-Executive Director. Further details of the Proposed Directors following Admission are set out in the Circular.



The Directors of IQ, who have been so advised by Libertas, consider that the terms of the Acquisition are fair and reasonable and in the best interests of the Company and IQ Shareholders as a whole. Accordingly, the Directors of IQ unanimously recommend that IQ Shareholders vote in favour of the GM Resolutions to be proposed at the General Meeting





Commenting on the proposed Acquisition David Marks, Chairman of IQ Holdings, said: "We have been looking at potential acquisition candidates for some time now and we believe that 1Spatial offers our shareholders a significant opportunity.



"1Spatial's management has a wealth of experience within the data sector and has steadily grown the business, both organically and through acquisition. The Company has a proven financial track record and a solid business model which we believe offers considerable growth potential."







--END--
IQ Holding share price data is direct from the London Stock Exchange

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