Acg Acquisition Share Discussion Threads

[amazon_woman] 15/7/2008 11:37

My thinking too it could easily double or more from here. That sell 9k at 9.7p made no difference to the limits, someone may be buying behind the scenes. At this level the risk of a loss is small so I am going to see where we end up. No point in bailing for £100 IMO.

AW

[pictureframe] 15/7/2008 11:34

I suspect they have sold part of the group for more than the market cap of the business - see rns for details.

This will double at least if they have

[amazon_woman] 15/7/2008 11:31

1v1 10k/5k but the online limits are 50k/25k at 9.7p/9.72p. They want our shares so I would suggest holding onto them.

Real spread .002% very unusual for this stock. We could see a strong push north soon. I wonder what is going on in the background?

AW

[hamidahamida] 15/7/2008 11:27

any one whats level 2 like

[pictureframe] 15/7/2008 11:09

WW - some reason why you paid over the odds at the time?

[amazon_woman] 15/7/2008 10:59

welshwiz good timing

1v1 10k/5k 9.5/9.75 but they will take 50k off you at 9.7p and sell you 25k at 9.73p so actual spread very tight

AW

Just been taken by the look of it

[welshwiz] 15/7/2008 10:27

ihnc
it was me who paid over the odds ;-)

[asl1978] 15/7/2008 10:18

Some general sector stuff:

Paaleads launches debt and IVA leads
Story by: Sharon Flaherty Magazine: FTAdviser Published Monday , July 14, 2008
Paaleads.com is launching debt advice leads for brokers interested in debt management, individual voluntary arrangement (IVA) and Scottish trust deeds, effective 22 July.

The leads will be generated from moneysupermarket.com traffic and advisers will be able to request leads from specific postcodes or UK-wide, as well as choose how much they pay and how many they would like to buy.

Advisers buying an IVA lead will receive a prospective client who has a minimum debt of £15,000, over three or more creditors, or a minimum £10,000 for a trust deed lead.

If a lead does not meet the criteria shown for an IVA/ Scottish trust deed, but the client has debts of over £3,000, they will be classed as a debt management lead.

Simon Williams, head of business development at paaleads.com, said: "There has been enormous demand from our existing buyers and other advisors for these lead types.

"It can be a very stressful and worrying time for anyone facing debt problems and our new lead service enables us to put people who are actively seeking debt advice in touch with advisors who are best placed to offer expert help and guidance."

Paul Wilson, channel manager of debt solutions at Moneysupermarket.com, added: "With traditional lending solutions becoming few and far between, indebted consumers are turning more and more to debt solutions to cope with financial strain.

"With Britain's personal debt increasing by £1m every 4 minutes, this new lead service will bring provider and user together and present a solution to those actively seeking help."

[amazon_woman] 15/7/2008 10:09

2v1 after last tick up 20k/5k though so v strong

AW

[pictureframe] 15/7/2008 10:08

Up again - we must get a RNS from the company regarding the constant rises

[pictureframe] 15/7/2008 09:59

Either - 1) Bid or 2) Part of company has found a buyer 3) Back to profitable trading - 1)2)or3) is all good ;0)

[love it] 15/7/2008 09:56

Watched this one for a while now. This action is out of the ordinary though. Yes PF it did go up then back down but nothing like this. That 50k buy yesterday well over the offer does not seem so mad now.

Any thoughts

[amazon_woman] 15/7/2008 09:53

It was 3v2 now 3v1 getting stronger.

AW

[love it] 15/7/2008 09:51

Your L2 is wrong 3 bid 1 offer now 1 mm on the next 3 offers

back to lurking

[amazon_woman] 15/7/2008 09:40

3V2 online max 10k to buy at 9.44 and 50k to sell at 9.3p it looks like we are taking off.

AW

[pictureframe] 15/7/2008 09:39

somone bought 50,000 at 9p when the share price was 8!

[pictureframe] 15/7/2008 09:37

Ok breakout now and its on the move big style - I now think that a deal has been done and news on the way

[pictureframe] 15/7/2008 09:24

lol yes it does have a habit of rising 25% then falling the next day.

[asl1978] 15/7/2008 09:17

I officially hate this share. This has happened far too often only to drop back down. Fingers crossed though as I need about 15p to break even now....

[pictureframe] 15/7/2008 08:57

On the move again - there may actually be something to this rise this time around

[hamidahamida] 15/7/2008 08:45

Accuma has No debt

Over £900000 cash in the bank

Highly profitable dmp side that made almost 600000 in 5 months

Iva side is profitable again and they have a iva book WORTH £16.8 MILLION

IVA DIVISION COULD ALONE BE SOLD FOR MORE THAN 15P
for further info please read 25th feb T/U RNS


Doom and Gloom being reported daily


Boom times are here again for debt management sector

M/CAP 2.2 MILLION DIRT DIRT DIRT CHEAP

RNS Number:6244O
Accuma Group
25 February 2008

IVA division has 5,906 live
IVA cases with future contracted revenue pre delinquency of £16.8m.,
representing a substantial book of business. Shareholders should note that
consolidation in this sector is gathering pace: the Board has received some
approaches which may lead to a satisfactory offer for the IVA business. With the
restructuring of this business now complete, the Board believes that the
realizable value of this business alone considerably exceeds our existing market
capitalisation. THIS RNS WAS PUT OUT WHEN THE share price WAS AROUND 15P

[hamidahamida] 15/7/2008 08:44

4 blue days in a row this has never happened for a long time
something is about to blow

way under priced

[pictureframe] 15/7/2008 08:33

weird - back to quite business here as usual , I suspect it will fall again after a few days

[ihavenoclue] 15/7/2008 00:18

hami ... i feel the bit before that paragraph is more important

" I am pleased to say that this radical surgery seems to have stemmed losses: the business is currently trading profitably once again and continues to accept approximately 80 new cases per month. Acceptance rates have also improved to 85% (at one point acceptance rates had fallen to 78%)"

Increased new case rates and now running profitably. How many IVA companies can say that with a market cap of currently just over £2.5m ?