Alea Share Discussion Threads

[senexo] 06/12/2005 12:27

Hi, thought I'd join the party.
Day off and instead of going christmas shopping with the wife thought it would be more interesting looking for companies to invest in.
Stumbled on alea and cannot believe where share price is for a company in such a bad state valuing it at £186m.
Only opened a small short as have not researched fully.
Anybody have a price target ?

[m.t.glass] 06/12/2005 12:18

woof woof ;o)

[paddyfool] 06/12/2005 12:18

There she goes!

[holdontight] 06/12/2005 11:54

Another step, then

[holdontight] 06/12/2005 11:17

good analogy

[m.t.glass] 06/12/2005 11:16

Holdo - picture a tennis ball rolling downstairs. The more steps it misses the bigger the bounce. Then what?

[holdontight] 06/12/2005 11:09

No we dont.....rebounding strongly

[paddyfool] 06/12/2005 10:49

Finally we have the fall!

[paddyfool] 06/12/2005 10:48

Holdon, no one can say right now what its worth. If it had clear net assets of £186 million then it would not be having this fire sale. In fact if they had clear assets of £100 million part of the company could live on and that does not look likely does it?.

[holdontight] 06/12/2005 10:37

Market cap is 186mill at 109p, so where did u get the above from?

[shanksaj] 06/12/2005 10:25

Holdontight,

Assuming the NTA WAS roughly spot on and after paying off all claims then it is worth approximately £203,126,456 and 73p.

[holdontight] 06/12/2005 09:42

Can someone tell me what this co is actually worth now...£200mill sounds ridiculous to me

[paddyfool] 06/12/2005 09:25

Kind of spooky how the price is hanging on........

[paddyfool] 06/12/2005 09:25

Kind of spooky how the price is hanging on........

[paddyfool] 06/12/2005 09:25

Kind of spooky how the price is hanging on........

[m.t.glass] 06/12/2005 09:19

Some bookies refusing further downbets now

[m.t.glass] 06/12/2005 08:58

Here's how today's Indy is reporting yesterday's news, ahead of this morning's downgrade:

[paddyfool] 06/12/2005 08:38

They will follow...

[m.t.glass] 06/12/2005 08:27

Do we expect further judgment from AM Best about now?

[paddyfool] 06/12/2005 08:21

now lets get the list of insurers with a bbb rating who are still in business 3 months after their down grading...........not good this the equivalent of coming of being led from the cell on death row to the gallows

[paddyfool] 06/12/2005 08:14

In for £200 a point more today.

[adeyberry] 06/12/2005 08:03

And it's marked up?!?!?!?!

Do the MM's feel this is positive news?!?!? lol

[partner] 06/12/2005 07:44

Well played Paddyfool,you deserve your money on this and thankyou for your comments along the way,an opportunity for the likes of myself to watch and learn.Could I be cheeky and ask how much a point your short on this.