Share Name Share Symbol Market Type Share ISIN Share Description
Ord 0.25 Assd LSE:ITSA London Ordinary Share GB00B00BXP88 ORD 0.25(ASSD RAB CAPITAL SHARES)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p - - - - - - - - -
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
- - - - 0.00

Ord 0.25 Assd Share Discussion Threads

Showing 26 to 40 of 50 messages
Chat Pages: 2  1
DateSubjectAuthorDiscuss
23/4/2003
15:52
Snappy, "economic recovery gathers pace" where did you hear that? IMHO we are heading into a recession! My company is only employing IT contractors, in the event of staff leaving, as they don't want to commit to permanent employees now, due to the uncertain economic outlook. (My employer is a very large IT firm.) I have a friend that works in a foreign bank in the City, and they have twice cut contractor's rates in the last year, with a "take it or leave it" attitude. The two that "left it" are still unemployed! Sorry but I can only see economic darkness ahead. Andy.
ahkeen
23/4/2003
10:50
Anybody got any feelings about the state of the market? Might this year see a swing in the favour of contractors over permanents as economic recovery gathers pace in the US and UK? Anybody got any evidence of IT budgets getting allocated again?
snappy
17/1/2003
14:14
I was on about the 10 reasons not to put on your CV for periods of 'unemployment'. I got 2 * 1yr off in Asia. Now I'm currently 18 months. I need a reason for that.
yf23_1
17/1/2003
12:42
We have the chief goodfella with us tonight - I wonder what they get up to when no ones watching - how many on the list ???????? I was just looking at the ads earlier and then glanced at Tads ...... why don't you guys get Angelina's colouring book ....would keep you goodfellas's busy all week. The crayons are big for little hands and toxic free. The really good thing is - they are a partwork and you get a new one every week. I am sure you could manage the money between you and the pictures are very simple ..... a little like you tanners/dreamer/snappy/oldolie/mitzis/beerbottle/YF23 We could get snappy to post a picture a week on the bb - in which case the simpler the better - we need to be reminded where it come from :-)) ainsoph
ainsoph
17/1/2003
12:27
snappy would you mind posting the reasons not to use - no.4 newsletter 151 ? Is taking a year off in Asia on it ?
yf23_1
17/1/2003
07:52
yf23_1, Not sure I understand the question. I have checked and I did indeed post newsletter 151 as I try to post all relevant newsletters that arrive in my inbox. If you are refering to my year off in Asia it was actually more like 8 months as I wished to remain resident in the UK for personal taxes. I know that some politicians have accused hard work self employed business people of being 'tax dodgers' but far from it imho. Now if the shoe is on the other foot and one looks at certain politicians who refused to pay their poll tax as it was then I think the picture becomes clearer. Perhaps of course you are refering to your year off in Asia as I remember you mentioning that you had been over once or thrice?
snappy
03/1/2003
00:54
Thanks Cat, Some very good poitns raised. The ITSA that I have shares is still cash generative and pays dividends. I believe it to be the boards intention to continue these every six months providing the business environment does not drastically worsen than forecast. I also beleive that staffing will be one of the first sectors to gather steam afterall IT is nothing without skilled people to drive it forwards. oh and btw Holway is not trying to sell subscriptions to System House are they!?!?!
snappy
02/1/2003
09:29
Cat, I always do my own research and take full responsibilty for my investment decisions. I also visit the companies that I take large investment interests in. as always dyor, dyodd, nag etc wish all readers great success, luck has nothing to do with it!
snappy
02/1/2003
09:27
from your first line, its even more reason to be cautious then! best of luck Snappy :-)
cat
02/1/2003
09:23
Cat, Many of the articles are from namesfacesplaces.com they are not a trade journal imho more of a friends reunited for lost soul contractors! the articles are provided on this thread for readers who want to do their own research and read as broad a spectrum of free articles as possible. Ovum holways system house is 500pa if memory serves correctly and their other reports are £2000 plus in electronic format. If i were to reproduced their work here I expect that either myself or ADVFN would get sued for copyright infringement. Also my phone has been ringing of late with contract oportunities but the rates are still too low for me to even consider spending 10 minutes on a telephone interview with the end user client!
snappy
02/1/2003
08:49
FIRST SIGNS OF UPTURN IN IT MARKET Temporary contract rates up 14%, permanent salaries up 10% in last three months The Association of Technology Staffing Companies (ATSCo) iProfile Skills Survey, the IT industry's most comprehensive report on the value of permanent and temporary staff was launched today, revealing the first real signs of an upturn in the IT marketplace after two years of declining rates of pay. The report shows that since September there has been a significant increase in the market value of key skills, with the top five (C++, Java, MS SQL Server, MS Visual Basic and Unix) experiencing a 10% increase in annual salaries and 14% increase in temporary contract rates. Comments Ann Swain, Chief Executive of ATSCo: "Sentiment is still fragile and nobody wants to forecast a false dawn but ATSCo members have reported an upturn in the placement of temporary and permanent staff in recent months." "These results, along with the recent recovery in share value of recruitment companies, may indicate the first tentative signs of a recovery in confidence following the recent economic slowdown. Job cuts over the last two years had pared IT Departments down to the bone so any pick up in, say, investment banking or 3G mobile activity is going to feed through very quickly." According to iProfile Skills Survey data, this upward trend is in sharp contrast to the decline in earnings over the previous year. By September the total decrease in value since the beginning of 2002 was 20% for annual salaries and 26% for contract rates. In the first nine months of 2002 an average of almost £10,000 per annum had been wiped off earnings for salaried staff and £10 per hour in a contract role. Since September, however, earnings have bounced back. This is especially true of contract roles, which have regained an average of almost £5 per hour. IT professionals in permanent positions have regained an average of £3,000 per annum. Says Ann Swain; "Contractors are usually the first into and the first out of a recession." Says Alex Charles, Director of TheSkillsMarket, the company that owns iProfileStats; "Over the last few months we've had reports of pockets of recovery in most of the major skill areas due to companies starting projects that had previously been put on hold. This is reflected in current pay increases for contract and permanent staff. It is, however, probably still too early to predict a more sustained recovery." According to ATSCo, the research was commissioned because members had been requesting information about demand for certain skills, IT contractor rates and permanent salaries. Says Ann Swain; "Client organisations have also been approaching ATSCo for benchmarking information and until now figures based on actual rates and salaries have not been available. ATSCo members can now provide this valuable information to their clients and use it in responding to invitations to tender." Issued by Mattison Public Relations, December 19 2002 About the iProfile Skills Survey: The iProfile Skills Survey is the industry's most detailed and comprehensive report on the value of IT skills, providing IT recruiters with the definitive guide to contract rates and salaries across different roles, regions and sectors. Statistics on more than 20,000 IT professionals have been used to produce this report with more than 6,000 responding to a specially designed survey during Quarter 3/4 2002. The survey provides detailed analysis on: Hourly Contract Rate and Annual Salary of IT Skills by years of experience, specific industry sectors, and different UK locations Hourly Contract Rate and Annual Salary of IT Roles Changes in the value of IT Skills over the last six months If you are interested in purchasing a copy, please contact Michelle on 0207 354 9669 or michelle.stewart@theTheSkillsMarket.com Contacts: Ann Swain, Chief Executive, ATSCo, Tel: 020 7837 5026 Nick Mattison or Paul Arvanitopoulos, Mattison Public Relations, Tel: 020 7645 3636 Alex Charles, Director, Tel: 020 7354 9669, Mobile: 07712 895477 alex@theTheSkillsMarket.com Michelle Stewart, Marketing Communications Manager, Tel: 020 7354 9669, Mobile: 07710 414753 michelle.stewart@theTheSkillsMarket.com
snappy
30/12/2002
14:35
I here what you are saying Shifty but it is a cyclical industry and a support service. I agree some of the contractor rates quoted have been terribly low and sometimes below what is available in the permanent market place which to me seems ludicrous but that has been the market force that we have had to live with for the last 18 months. Some possible positive catalysts 1. All IT skills taken off the UK govs fastrack visa scheme 2. Historic low spending on IT since turn of the millennium 3. Pent up demand building up? (How much and for how long don't know) 4. More inflexible employment laws being introduced all the time by UK and Euro govs, also higher taxes and social security costs for employers taking on permanent staff 5. Recent contractor wins against Inland Revenue who have proved that they run genuine business, take risks and are not disguised employees and so called tax dodgers 6. Move towards digital economy - £6BLN earmarked for local gov spending on IT systems and boy do they need some serious investment. It sure will take a long time to get back to the levels since in the late 90's if it can get back to those levels ever again but from some of the things I have read it would appear that IT staffers were written off during the downturn of the late 80's.
snappy
30/12/2002
13:38
One or two large movers in the bakers dozen today
snappy
14/12/2002
00:22
Thanks Cat, I'll see if I can get hold of a copy
snappy
14/12/2002
00:21
More pain to come I fear - read Holway's System House if you want the most accurate and respected view on this sector.
cat
Chat Pages: 2  1
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