AI Claims Solutions Share Discussion Threads

[jonc] 02/4/2012 08:11

You hold for the cash squash.

Cheers jc

[squash90] 02/4/2012 07:32

thanks jon c or should i hold !!!!!!!!!

[jonc] 02/4/2012 07:15

Morning Chris.

You have got your exit.

JC

[shammytime] 01/3/2012 07:59

lol. Yeah, it means even worse than atrocious

[stegrego] 01/3/2012 07:53

I think you invented a new word....

[shammytime] 01/3/2012 07:51

Atrocuis results. 10p coming

[shammytime] 27/2/2012 10:27

Takeover target 30p per share

[monet] 25/1/2012 15:49

Thanks stegrego

[stegrego] 25/1/2012 12:24

Reason:

Quindell Portfolio
29.9% Investment in Ai Claims Solutions PLC

[vulgaris] 25/1/2012 11:23

Up 25% on no volume (

[squash90] 25/5/2011 06:58

goldi many thanks

[goldibucks] 24/5/2011 21:41

Very illiquid share, rises and falls on hardly any volume. Two tiny 5,000 sales at the bid price and the price falls 1.5p. Edison wrote a note yesterday explaining why Ai Claims was a different kettle of fish to Helphire which has been sold down to 3p from £4 but seemed to do more harm than good. Mentioned that revenue could come under pressure from lower accident rates, down 8% in 2010, but potential to grow margins to compensate. Another thing that caught my eye is Edison reckon Ai Claims will have £24m of net debt at 30 June 2011 which leaves £6m of facility headroom which isn't much in the context of £70m of debtors. Fantastic company, challenging sector, fundamentals going in wrong direction, question is can they avoid trouble with £6m of facility headroom when net debt is forecast to remain at £24m and debtors are expected to rise from £70m to £88m in the next 2 years. Very cheap on fundamentals but in my view they will need to increase their facilities or tap the market to fund future growth. The market hates credit hire thanks to Accident Exchange and Helphire so they ought to go flat cap in hand to Yorkshire Bank for a facility increase before anything bad happens.

[squash90] 24/5/2011 11:05

anyone have an answer for the drop???
would be gratfull for any news

[goldibucks] 09/3/2011 20:15

305,000 of those were mine. I reflected on the interim results and decided to sell. Performance is excellent and I can see 50% potential upside in the price by the end of the year but key risks have increased in the 2 years I have been holding. Petrol prices, insurance premiums, debtor days, and net debt are all up and interest rates are likely to follow. The company is under constant pressure to get insurers to pay and paying slowly or not at all seems to be the industry norm.

[trixter] 03/3/2011 11:56

Must be fairly confident the price will rise?

"Ai, the ethical after accident solution provider, announces that it has made the following purchase of its Ordinary Shares of 10p:


Date No of shares Price
2 March 2011 310,000 30.00p "

[jonc] 03/3/2011 10:34

Hi Chris it is the office phone number(which you have) @msn.com

Cheers

JC

[squash90] 03/3/2011 10:29

jon c yes still here and still playing the stock market????
dont have your email can i get it from your works one??

[trixter] 02/3/2011 07:44

Thanks for that Stegrego. Good report.

" If management can successfully deliver a convergence of cash-flow on the strong growth in revenue and profit, then the investment case is extremely powerful."

[jonc] 01/3/2011 15:28

Hi Chris,

Yes I am very well thanks.

Still in Spain?


JC

[squash90] 01/3/2011 13:14

hi jon c
yes still holding
hope your well

[goldibucks] 01/3/2011 08:10

I don't know about that scale of re-rating when the sector as a whole is struggling but I doubt many people will be selling in the next 6 months, 40p by the full year results in September would be my guess.

[yoyoy] 01/3/2011 08:06

5p - that would give a PER of 6x

[trixter] 01/3/2011 08:05

Goldibucks - agree, and on that basis a significant re-rating in order...to 50-60p + on a 6 - 12 month timescale?

[goldibucks] 01/3/2011 08:03

Good interim results. EPS about 2p for H1 10/11, nearly double H1 09/10 and 2/3 of the full year result for 09/10. Ai Claims profits are usually skewed towards the second half. I doubt the skew will be the same 33% to 66% it was in 09/10 because there was a major contract starting on 1 March 2010. However, if you take the lowest skew from the last 3-4 years of 40% to 60%, they are still heading for full year EPS of 5p which will be 60% up on 09/10.