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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Abacus Group | ABU | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 55.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 55.50 | 55.50 |
| Top Posts |
|---|
Posted at 26/9/2008 20:51 by jimmycarter It has offers, not just one which makes this abit more appealing even in this very downbeat market. I am not sure what value the company is after but by the suggestion in the RNS it will be reasonably higher then the current price. In this market around 30-35p mark maybe. In a bull market 50-60p+. Still investor value here just needs one of those bids to come into fruition. Maybe news this comming week? More then one bids may mean a higher bid price? |
Posted at 20/9/2008 10:32 by mt67 " Notwithstanding the current trading environment, the Board of Abacus believes that the Company's share price has failed for some time to reflect the underlying value of the business and now materially undervalues the Company."Why would management accept 25p when the above clearly states they believe the current value materially undervalues the company. Anything above 50p imo still undervalues this company massively as in 1-2 years time the macro environment should be improving along with a higher share price anticipating better times ahead, but bear markets throw up these low valuations for predators to snap up vastly undervalued companies. Of course debt is the concern but i believee ABU will come through and profits will be substantial in the future but i guess we will have to see whether management are negotiating from a position of strengh or if their hand is weak. If the share price is 25p and the mkt believed that to be the price investors/pi's would now be dumping in case the deal doesn't happen...there clearly is upside from here...how much is anyones guess lets hope management obtain a much higher price. |
Posted at 04/9/2008 09:48 by philjeans Apart from the investors and institutions who continue to buy, of course.............. |
Posted at 13/7/2007 11:17 by chrisdgb nothing to do with mm's/volume was actually relatively low yesterday/with interest cover at 5x the idea of a rights issues is pure nonsense..mkt was a buyer at close yesterday. To me looked like shorting from a US investor?? |
Posted at 05/6/2007 19:02 by nigelwestm I would say that once the dividend is out of the way, then why shouldn't the share price drift lower throughout the summer? I doubt there'll be much news, and too many people have had their fingers burnt (not me, thank God, having got out at above 190p earlier in the year) to want to top up, I'm sure. I like the dividend, though, and I reckon that sub-110p will probably prove to be a bargain over the long term, but how many other investors think like I do... |
Posted at 04/6/2007 13:07 by jimi2 Nice director purchaseAlso Henderson global Investors taken their position above 6%. Perhaps all the selling is done now and things may start to improve for the sp? |
Posted at 08/3/2007 14:49 by lew stules I think the recent drop has been engineered to allow some investors to buy significant holdings at low prices from those punters running scared by the recent fall in markets. Fully expect a rise to £2.20 in the near future. All IMHO of course. |
Posted at 31/1/2007 09:30 by oniabsta I find it highly amusing that an investor who is out of the money, perhaps paying say, 190p per share can turn a positive statement, which may help the sp, into a negative for the share, just to prove a point. Therefore the only point proven of course is not the intended. |
Posted at 20/1/2006 15:37 by kidney I think that they only recently confirmed approval for the takeover,hence the delay in buying up shares by the inst.investors who have been hedging since october 2005.Naked has a short term target of 180p with a hoped for 200p in the not too distant future.I imagine that we shall have to wait and see how well they integrate Deltron and also wait for the next results. In the meantime there has to be some profit taking here as the share price has risen such a lot in a short time.Some of the largest private investors have been selling since yesterday.However the spread has narrowed considerably from 4p this am to less than a penny the last time I looked.Tis a pity it's Friday....we will have to see how this goes after the weekend. |
Posted at 20/1/2006 11:16 by kidney What I like to see is the larger investors interested in a company and this is one good example.I think the share price stayed so low for such a long time because,for some reason the market was concerned about the successful conclusion of the purchase of Deltron.I noted that the latters shares continued to trade above the purchase price almost up till the last moment(I think!).Deltron has done well during 2005 and brings with it the China office which they have already opened. The large investors have been going long on ABU for months and I see no reason for them to close their positions until a reasonable share price is reached.At this level the shares are undervalued IMO.This sector of the stockmarket has'nt done well during 2005 and is due a pick up this year.Compared to its peers,ABU did very well even though down on previous year.The dividend is still attractive even at its more sensible rating. Another company in this sector that I am keeping an eye on is T.Clarke which recently had two attempts at breaching 260p but has fallen back since. LOL |
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