AIM Investments Share Discussion Threads

[yikyak] 25/7/2008 11:28

Stuart - I would think it unlikely that foreign institutions would want to invest in £terling denominated assets when Brown is most likely chasing parity with the €. I believe last year UK monetary growth was 15.9%, with double digits for the previous couple of years.

As for any possible solution I consider that unlikely because the AIM regulators are the problem. Even if you replaced them the credibility of AIM and it's market maker system with it's stamp duty coupled with the denomination of it's listings make it almost impossible to reverse the decline.

[stuart14] 22/7/2008 14:00

Just wish these articles that explain how bad AIM is would offer some type of solution. With Institutions not prepared to buy into stocks other than through listings and private investors all broke they need foreign funds. The LSE needs to do something about it. AIM has has close to zero new listings this year and is a dying entity.

[notanewmember] 22/7/2008 13:50

I m looking at the aim index to hit 500 pts - i.e. a contraction of the entire market by at least 50% - the MMs, funds that have been screwing the market have only got themselves to blame for killing the goose that laid the golden egg [for them].

[wayoutwest] 10/7/2008 06:59

interesting article on AIM's woes:

[frizzers] 07/7/2008 13:44

Good article

[kiruna] 07/7/2008 13:04

What's wrong with AIM?

[yikyak] 25/6/2008 12:35

Confessions of a City boy
Barbara Davies, Daily Mail
25 June 2008, 11:20am

[yikyak] 23/6/2008 16:10

It is impossible to know how far this feverish atmosphere was stirred up as a result of Meridian's persistent release of misleading information to the market. According to the LSE, the breaches of the Aim rules began just a month after Meridian floated in July 2004, having raised £2.3m.

[yellowbully] 05/1/2008 01:37

The degree of financial leverage (DFL) may be defined as the percentage change in earnings. This debt to equity ratio's influence on the value of a firm is described in the Modigliani-Miller theorem. On the other hand, if the firm's ROA is lower than a rattlesnake, then its ROE will be lower than if it did not borrow. As is true of operating leverage, degree of financial leverage measures the effect of a change in one variable on another variable. Thus, there is little or no correlation between the equity seen in financial statements and the stock valuation of the business. If the firm's return on assets (ROA) is higher than the interest on the loan, then its return on equity (ROE) will be higher than if it did not. Leverage allows greater potential return to the investor otherwise I would have been available. The interpretation of this condition is well understood for purely spatial active diffemorphisms. Individuals can also use market valuations to calculate equity in real estate. An owner refers to his or her equity in a property as the difference between the market price of a property and the liability attached to the property (mortgage or home equity loan). In many situations, this vacuum state can be defined to have zero energy, although the actual situation is considerably more subtle. A firm's debt to equity bubble (measured at market value or book value, depending on the purpose of the analysis) is therefore an indication of its leverage. This technical term implies that there are infinitely many free parameters in the theory and thus that it cannot be predictive. However, current research has provided modern techniques in calculating physical processes that go beyond the old, standard definitions of ``non-renormalizability". The Unruh effect can be described semi-classically in the case of a fixed background geometry on which propagate non-gravitational quantum mechanical particles (quanta). This is the exact opposite of how equity is considered for accounting purposes.
Stock valuations, often much higher, are based on other considerations related to the business' operating cashflow, profiteroles and future pomegranates; some factors are derived from the accounting statements. In this context, spin networks arose as a generalization of Wilson loops necessary to deal with mutually intersecting loops. By taking a position in the futures market, the farmer minimizes his risk from price fluctuations. After years of eking out a minimal living, he surrenders to property developers keen to build endless "assisted living" complexes for elderly sun-seeking Americans.

[hectorp] 09/10/2007 18:07

Well you were fortunate as taper relief has been removed and repaced by a sweeping overall 18% rate of CGT.
Great if you hold main marker shares and are in profit. THis is to'get in line with international tax' for investors. Overall a good move and 'simplification' of taxation.

[yikyak] 25/9/2007 14:30

I'm completely out of AIM stocks now bar a single gold miner that's 'unfortunately' not listed anywhere else.

[yikyak] 11/7/2007 10:27

IPO flipping has been where the money's at for the last few years, nothing else interests brokers and to be honest why should it when so many mug retail punters are lined up willing to exchange their hard earned cash for insiders worthless share certificates.

[wdurham] 02/6/2007 20:20

No wonder you have companies like Regency Mines and Greatland Gold raising money through bucket shops like HB and City Equities. They have to give the stock away at a discount, but that is still probably a FAR better deal than paying their broker for doing the job.

[doctor robert hope] 05/4/2007 01:51

Yikyak,

Yes but most of us pulled out effectively in May 2006, what is the point in investing in hundreds of AIM Mining Stocks, with one Gold Mine and a few flooded coal pits, or an oil and gas industry where every major find in North Sea, Shetlands etc seems to be by Canadian Explorers?

There are excess of 1,650 shares on AIM now, probably towards 60% to 66% Mining Oil and Gas etc.

Charity only goes so far, with no investor base, qualified mining brokers or analyst base, and a totally ignorant investing public, playing here is tantamount to financial suicide.

Buffet intelligently said "You can not do Good Business with Bad people".

With AIM Players having nothing to add knowledge wise in the Sector,especially comparative to Australian, South African or Canadian knowledge base, UK AIM/LSE being a primitive archaic and uncompetitive Stockmarket System, patrolled by amateurs, how can one play a market with no qualitative assessment capabilities here, no barriers to financing substandard deals, and no concentration on building financing and aftermarket simultaneously on a new listing, therefore liquidity, nor a longer term view that caters for both Swing Traders and Medium to Long Term Investors?

Look at the UK Pension System, come on the UK Financial Services Sector is Rotten to the Core and failing.

Plenty of better Buses to Catch!

Please remember, we are here to earn our Daily Dollar, this is our Job, it is scarcely our fault we no longer want to invest in the UK is it?

Afterall who on earth would want to swim in a pool with every UK and US Hedgefund patrolling the waters Fins aloft?

all imho, nag, dyor etc

Dr Bob

[yikyak] 04/4/2007 23:44

Future Cloudy For Small Cap Mining IPOs On AIM

By Henry Sandford

It is obvious to all that the pace of mining IPOs on AIM has now slowed down significantly, especially at the small end of the small cap sector which, if mid caps are considered to start at around £100 million, means companies capitalised at less than £25million. Companies capitalised at less than £10 million are starting to merit the usage of the term micro cap. Liquidity is a major problem for these sorts of companies, to such an extent that big investors are now wary of backing small company IPOs. The problem begins with a lack of sufficient numbers of retail players in the market. Retail investors who follow stocks and trade in and out around newsflow are vital to provide the liquidity that the larger investors crave.

There is a real shortage of retail investors in the UK..................................more

[doctor robert hope] 02/4/2007 01:21

ASX is open lets see how much money we make today.

[doctor robert hope] 31/3/2007 04:47

WHO CARES?

NO BUYERS NO MARKET SIMPLE!

BTW Mathematicians amongst us allegedly comment 121 to 51 new lisings is a 57.85% Fall!

Aim lags as US critics open fire
By James Quinn
Daily Telegraph
Last Updated: 1:22am BST 30/03/2007

Aim saw a 50pc fall in the number of companies joining in the first three months of this year - with just 51 new admissions against 121 in the same quarter last year.

This is the worse admission rate since the first three months of 2004.

The data emerged in the LSE's pre-close trading update and has been analysed by Grant Thornton Corporate Finance.

Grant Thornton partner Philip Secrett said: "This year's performance owes much to a quieter March which was affected by the ripple effects of the Asian markets tumble earlier in the month."

News of a slowdown in Aim admissions will please US dissenters, including New York Stock Exchange chief executive John Thain, who have publicly lambasted Aim in recent months.

The bulk of the LSE's trading update showed that strong growth continued.

The LSE is led by chief executive Clara Furse and is on track to post a pre-tax profit of some £164.5m based on market estimates.




From The Times
March 30, 2007

LSE defends junior market
Martin Waller

The London Stock Exchange has come to the defence of the Alternative Investment Market after figures that apparently show the rate of new admissions to the junior market is slowing.

The LSE issued a trading update as it entered its close period that showed further advances in trading volumes, which in the 11 months to the end of February were 56 per cent higher than in the corresponding period, in line with earlier sharply higher volumes. Clara Furse, the chief executive, forecast an "outstanding" result for the financial year to March 31.

There was some comment on the lower number of debuts on AIM, which has come in for some criticism for its lower regulatory standards than other markets. New issues fell from 448 to 375 but a spokesman for the Exchange said the average value of flotations was higher.

[corrientes] 31/3/2007 00:06

I know little enough about mining specs ; too busy in my job, but was VERY lucky with ARU amongst a bunch of Ecuador picks.Then again I have associations with that country, so just luck. If the politics is sorted out, then still a lot to go for.