AI Claims Solutions Share Discussion Threads

[squash90] 03/12/2007 10:39

alex you seem to be the only post on acs iam lisening to you and agree but still no rise in price which is frustrating
p.s i hold this share

[alexacj] 03/12/2007 08:51

ACE's results out this morning....no surprises.....a funding requirement....and confirmation of the fact that the market is becoming more competitive.....I am now convinced that the ACS model is finally going to pay off!.....remember the majority of hires here are intervention low margin work......they only need a very small slice of the traditional dealer market to dramatically increase turnover and profit.......I'm looking forward to the AGM update this week.....someone still mopping up every available share....so someone agrees with me!!!!!!!!!!

[alexacj] 28/11/2007 12:52

Looks like Gorton is the buyer....he bought a further 1% of the company taking his holdings to over 9%!

[alexacj] 24/11/2007 14:48

Not sure whether anyone else holds this share anymore....so I'll continue talking to myself!!! Further evidence of the recruitment that is occuring at ACS

"Company: Ai Claims Solutions
Contact Name: Gemma Sinclair
Sector: Claims / Sales and Marketing
Job Role: Sales & Marketing / Business development
Location: UKLondonSouth / South WestWest/ MidlandsEast/ MidlandsNorth West/North/East Scotland
Salary description: OTE 30k+
Position Type: Permanent
Posted: 22 November 2007


Email this job to a friend

As a result of continuous growth and to provide for planned new business development, this is a superb opportunity to join a highly successful business offering long-term career opportunities for ambitious individuals.

Ai Claims Solutions is an exciting force in the insurance market and has evolved an ethical way of managing motor claims, which means we stand out from the rest.

We are looking for eager and enthusiastic people to join our expanding organisation and currently have vacancies for:

Area Sales Managers

Ai Automotive Division – UK Wide - £realistic depending on experience + benefits OTE £30k+
A key strand of our business growth strategy is to drive increased sales through building collaborative relationships with Bodyshops, franchised dealers/groups and other similar areas and we are looking for driven and ambitious Area Sales Managers to develop regional areas in securing referrals.

With strong communication skills including negotiation and closing ability you will have already achieved success in sales and account management and are now looking for an exciting opportunity in a forward thinking business. You will have the freedom and scope to hone your commercial flair and business acumen to the full where success will bring excellent financial rewards and great career prospects.

Experience of the Bodyshop Market and Dealer Franchises is necessary with a good working knowledge of the non-fault vehicle replacement industry desirable.

To apply, please send your CV and covering letter to Gemma Sinclair, HR Assistant at Ai Claims Solutions, Indemnity House, Sir Frank Whittle Way, Blackpool Business Park, Blackpool FY4 2FB.
Email: [e-mail] or alternatively telephone [phone] for an application form.

[alexacj] 22/11/2007 17:49

There go's our buyer again with 100k buy....also a smaller 50k buy.....someone is mopping up all available stock!!

[alexacj] 08/11/2007 15:51

Just done a little "digging".....there appears to be a very large recruitment campaign running at the moment..(look up AI Claims Blackpool on the web and you will see one or more of the hits has a number of current vacancies showing)....they are looking for Claims Handlers, Area Managers and other support staff.......not sure if this means all their current staff have walked out......or they have gained more business and are recruiting to fulfill the contract......might explain the background buying!

[alexacj] 08/11/2007 15:51

Not sure if anyone has noticed.....but we have a buyer accumulating stock in 100k traunches......he/she's been buying as soon as stock becomes available.....:-)

[kirkie001] 08/10/2007 08:35

OK; I'm wondering about this one now. I was surprised by the dip after the results 10 days ago - looked like good figures to me and I was pleased with the commentary - but a sudden 2p rise late on Friday, and a further 2.75p first thing this morning - something's going on, I'd say.

I wonder what? New broker's note with updated advice for the current year? New contract info? Perhaps even whispers of corporate action? I wonder?

Whatever the story, nice to see the price going the 'right' way. Now, if only I could pin down the reason - of course, I didn't think it should have dipped anyway.....

K

[alexacj] 27/9/2007 10:41

Thought this may be of interest to some......I copied a post from the ACE board that "appears" to make a degree of sense! If true I think it further supports the ACS business model!!

Posted on the ACE board

"By the way - I was at a credit hire conference in London yesterday and I met Steve Evans in person. He was very upbeat about the judgements (as he would be!!). He was however significantly nervous about the industry as the insurers are gunning to damage it in their usual cyclical way (think teh previous Dimond Vs Lovell case against Helphire a few years ago. He was rallying the credit hire companies together to come up with a stratergy to deal with the probably disintergration fo the GTA (Association of British Insurers General Terms of Agreement). For those who dont know the significance of this - it basically means that teh insurers are disregarding the industry "cease fire and agreed processes" between the Credit HIre companies and Insurers. This could lead to massive cash flow nightmares and business warfare. Certainly ACE may have won this battle - but it could lead to further war which bodes badly for teh coming year at least!
Lastly - for anyone thinking that the insurers will roll over and just pay up now theyve lost - you are probably wrong. The big boys are bloodied, but they have a common objective and are like a wounded animal right now. They will still fight every bill with renewed venom and make tehir life as difficult as problem.
ACE HAVE got major cash flow problems - I heard it from the horses mouth!!!"

[alexacj] 25/9/2007 10:44

Well that looks to be a decent set of results imho! They were forecasting earnings of 1.86p and they came in at 2.16p....that is almost at current 2008 forecasts!.....Net debt halved! and would have virtually been debt free if they hadn't made the final part of the investment in the claims system......all pilots doing well and either continuing or expanding......I think the real part to watch is the comments on future tenders for traditional CHO business demanding higher levels of commission that Ai will be going for. They already operate a low margin model with great cash flow.....if they now can compete for traditional CHO business with the ability to raise the bar in terms of offering higher commissions for that business.....then it will be interesting times for their competitors who require higher margins to sustain their current level of earnings......I also think that the current credit squeeze and downturn in consumer spending will prove challenging for the CHOs with high debt burdens and a fleet that requires a market to "churn" their vehicles.....if I were running ACS and had the ability to offer higher levels of commission....I would go one step further and quote on zero profit to either win the business or force the competition into wafer thin margins......and with competitors like ACE who are currently struggling to collect money.....that sort of increase in commissions may well cause them serious problems......all food for thought! But I think the environment is continuing to now turn towards the ACS business model and forecasts for 2008 should imho be in the region of 2.6p - 2.9p which should reflect an share price of around 40p+.......that would be an increase of over 50% from where we are today.......aimho. Good luck all holders!

[trixter] 25/9/2007 07:25

Steady as she goes...

[squash90] 24/9/2007 10:20

why no move??? the results are due on 25th and are supposed to be good,
i for one am slowly loosing faith with this one

[scotswhaehae] 02/8/2007 09:33

Good stakebuilding by David Gorton

[trixter] 26/7/2007 12:58

looks like they now employ 320 people - isn't that a significant increase on previously? If so, must be busy and expanding...AIMHO, DYOR...

[philjeans] 26/7/2007 08:52

Agreed - still value here.

KIV Aquilo (new management, cash and new business model) and Claims People (as above!) for similar sector but much more emphasis on homes insurance claims and loss adjusting.

Both companies are tiny with a dead and buried m/c of £2.1M and totally overlooked. Extremely busy with flood claim damage of course.

[scotswhaehae] 26/7/2007 08:42

Highly satisfactory trading update...

We are already in the next financial year and could achieve 3p or so eps imo...ACS still looks usefully undervalued to me!

[scotswhaehae] 10/7/2007 10:07

...we should all know from experience with ACS that if/when the positive trading update emerges there will be a substantial gap-up which will shut out 'cheaper' buying...
just an add or a wait now imo...dyor of course

edit...I suppose if confidence builds we could see breakout BEFORE the RNS of course.

[alexacj] 10/7/2007 09:07

I hadn't looked at that!.....but you have a point....I can see the 50000 that he bought and at the price it states....but I cannot find the 100000 at 31.5.....it's all smoke and mirrors with smaller co's!.....non the less another positive sign with further "informed" buying".....I haven't added up all of the director/large shareholder buys since the interims ....but it has been very substantial!

[scotswhaehae] 10/7/2007 08:12

Interesting to see what Mr Gorton paid and and what the shares were actually dealt at in the stockmarket

How hard it is to follow smaller companies!

Good solid news though...plenty of informed hoovering of all available stock imo...

[elmfield] 09/7/2007 17:35

Excellent,

[darlocst] 09/7/2007 17:19

I see former director David Gorton has added 150k more shares at 30p to his holding. He obviously sees value in ACS at this level. A good sign imho.

ACS issued a pre-close trading update on 27/7 last year so I would expect the same again this year. Not long to wait now.

[scotswhaehae] 03/7/2007 13:09

Action stations...?!

[reba] 29/6/2007 13:14

INTERESTING. Have you noticed folks after my post on location of deals. i.e. no further intros in the don't no column have appeared. Does it pay to mention these things continually. Thanks for all your postings.

[alexacj] 25/6/2007 21:27

Thought some may be interested in trivia!....just got this alert from D&B :-
"Ai Claims Solutions Plc
A positive change has been identified in the Performance indicators"
......so basically the financial profile of the company has improved....just need confirmation of those contracts...:-)