Optimisa Share Discussion Threads

[nissi beach] 17/2/2004 16:23

another small sell? at least it shows mm are paying above the bid

[nissi beach] 17/2/2004 15:47

shotoshi

Now could be a good time to follow my advice from earlier post.
Buy some today and if it keeps going up tomorrow which it should buy the remainder then.
Yes you will lose out on some gains but remember last year directors were buying at this level which gives me confidence

If it does a QXL you will kick yourself again.

23% is not much of a gain for these small caps recently

[stewjames] 17/2/2004 15:42

the scenario for savings...Am I right in thinking that if I aquired OPS the company for e.g. £2m, I could use its £14m tax loss to declare against my £14m profit and save myself about £3m in Tax....any experts..? I guess this would need to be done before April

I'm certainly not (even nearly) an expert but I can give some partial answers. It is possible to use another companies tax losses in this way but the criteria are extremely limiting. Profits can only be offset when achieved in the same business area and with substantially the same client base with which the losses were incurred. Time is not such an issue, however (losses can be carried forward for a number of years). From a practical point of view, tax losses are worthless within cash shells which is why substantial premiums in shells with large tax losses aren't commonplace and also why you don't see large profitable companies going around snapping up these shells.

I'd suggest that the reason many shells have a 1M+ premium attached is entirely through recent interest (last 6-12 months) from small retail investors following a small number of unlikely (and IMO unjustified) substantial gains from similar plays. There's little reason to attach such a high premium...the costs of listing via floatation are not reckoned to be substantially different to the fees associated with a reverse takeover. The main advantage of an RTO over a floatation is the guaranteed cash the shell provides. Attempted floatation can be a risky affair if there is insufficient interest (floatation gets pulled with fees still incurred). I think also it's possible to get a listing via RTO which the company would not qualify for under the exchanges rules if it tried to float, obviously an advantage for the private company. Investors should probably look very carefully at whether an investment in such a company is wise.

[shotoshi] 17/2/2004 15:37

Damn! I'll give these a miss. Shoulda bought last week. Have been
caught before for not buying at right time. Call me daft, time will tell.

Cheers for the info guys and good luck to those already in.

[responsible lad] 17/2/2004 15:35

yeah I would love to know who that buyer of 400 shares first thing is?. Surely they cant make up for the times they lose on the market by taking such small piddly gains when there onto a winner.

[responsible lad] 17/2/2004 15:30

thanks Nissi beach. My gains have outweighed my losses this week. You got to cut losses and move on when shares go against you. Here seems as solid as trading gets.

[nissi beach] 17/2/2004 15:26

nice to see you back in OPS RL. i assume the buyer of 400 this morning has sold making £100 before costs

It would be better to stay in to reap the full benefits

Duss how do you value the tax losses of £14m

[responsible lad] 17/2/2004 15:23

why sold 400K and the ones before?. Who sells does not know much about the market. Maybe they need to go back to School.

[nissi beach] 17/2/2004 15:18

the mm must be short of stock because your buys lifted it another 10% plus you can only buy small amounts now.

[dusseldorf] 17/2/2004 15:10

Nissi - I would honestly look for around £3.50 - £4.00 on OPS, provided the utilisation of the tax reseource is done without the issue of further equity.

[nissi beach] 17/2/2004 15:05

Well done dusseldorf and i should also say hargate for spreading the word.

i don't like doing that normally becuase it looks like ramping but in this case the reason for buying was clear

[maxtheminx] 17/2/2004 15:01

cheers Dusseldorf I'll be watching with interest and LOL!!!

[responsible lad] 17/2/2004 15:00

Its not all buys, there are some sells that just make the price go even higher since I remember someone wanting 10K when the price was 180p to buy and the market makers were asking them to pay 3 quid.

[dusseldorf] 17/2/2004 14:58

maxtheminx - I think it is simply 'awareness' e.g. I did not know of this stock before hargate made me aware. I then decided, yes, it is good value and made an investment. I think maybe some promotion of the stock has gone on, but deservedly so because its undervalued (mainly because its in £'s not Pence). I'm sure if the price was 0.23 to buy we'd have people buying millions just for the hell of it...

[maxtheminx] 17/2/2004 14:55

ok......but why the sudden surge today? Something has certainly just made an enormous impact on the price.Please elaborate - is there something you guys know that I don't know?!...

[dusseldorf] 17/2/2004 14:54

the scenario for savings...Am I right in thinking that if I aquired OPS the company for e.g. £2m, I could use its £14m tax loss to declare against my £14m profit and save myself about £3m in Tax....any experts..? I guess this would need to be done before April

[dusseldorf] 17/2/2004 14:52

maztheminx - just filtration of how 'cheap' this stock is.....when shells with no cash have a MCAP of £1m... then surely one with £400k cash and a £14m tax loss to balance against e.g. a company making profit...should have a MCAP of £1.5+ i.e. 440p plus

[maxtheminx] 17/2/2004 14:46

Whats the main reason for this sudden rise - I don't know of any news?

[responsible lad] 17/2/2004 14:43

Seen the same happen with QXL, started from the same price. Do not want to miss out on the second time.

[swizz] 17/2/2004 14:29

Level 2 Wins/Kbcs, both @ 210p/230p.

[responsible lad] 17/2/2004 14:25

Great im in to, love making instant returns

[kirk2] 17/2/2004 14:19

this is about to blow

[dusseldorf] 17/2/2004 14:18

Going soley on cash available and rate of loss (and held loss of £14m for tax saving purposes) I would suggest a price of 440p not 220p....

Market will wake up VERY SOON.

[swizz] 17/2/2004 14:10

Dusseldorf,

looks as if you have moved the mkt with your buy, or is it buys ?

[dusseldorf] 17/2/2004 14:09

hargate - thanks for the tip, upon review, the shell looks good and is undervalued. I just picked up 1000 and have another 500 waiting to be filled.