Aquilo Share Discussion Threads

[tp100] 18/9/2007 16:43

If you didn't see.....

Rok, the building, maintenance and
development company, has today acquired
the trade and certain assets of Aquilo
Inspection and Reinstatement Services
(AIRS) from the administrator of the
company for a cash consideration of
#2.1m.
AIRS provides an integrated service to
insurance companies for the management
of building damage claims, which
includes property inspections, claims
management and managed repairs. AIRS
will be integrated into Rok's
Maintenance operations.

ICV Edited News from Dow Jones
0644 GMT Sep 17 2007

[greek islander] 07/9/2007 11:34

No one commenting about the AGM?
All resolutions passed. So de-listing to go ahead.
The one remaining profitable part of the business to go it alone, as an unlisted company. One might value this optimistically at £1m - (very optimistically though, as the working cash available to it I suspect will rely on turnover and liquidity as the line of cash from the bank looks very vulnerable indeed ) Only a fantasist would see it that way.
I doubt if the company will survive and if it does, it will hobble on for a while before it has any chance of doing well enough to consider re-listing. The best bet would be a quick takeover and anything over £500k would be a surprise to me. So at best, the stock just might eventually be worth double where AQL is now.
So you want to sell your shares? Do it quickly or there will be nothing to sell. Just hope for all your sakes that I am proven wrong but the momentum is hardly with being bullish.

[the big fella] 06/9/2007 12:37

Box

This is only going one way, and has been for a very long time.

[boxwellian] 04/9/2007 23:09

Market Cap. 0.18 m . Noble & Co will surely want a quote even if its only Plus market. Its treble or quits - and treble is more likely,just.

[legal aid] 04/9/2007 06:12

GI

I understand your motives for saying so.

I also suggest that you need to seriously trawl through the many hundreds of share price graphs for the companies listed on AIM and realise exactly the extent of carnage that goes on.

The entire AIM fiasco is a muggers paradise, geared solely towards feeding the vultures within the financial sector with multi million pound bonuses every year.

I don't deny that there may be a very small number of punters who have been fortunate, thus far, but these are seriously outnumbered by the propaganda specialists who plague these boards enticing money from unsuspecting victims.

Surely you can not deny that there are many paid plants operating on these boards desperately trying to create visions of prosperity and wonderment.

It's time to get real.

[ibarty] 04/9/2007 06:01

A piece in today's independent

Outside the FTSE 350, the worst performer was Aquilo, whose troubles continue to pile up. The insurance group's latest piece of bad news came as it was forced to call in KPMG to wind up its IT Solutions division. A potential suitor walked away from bid talks for the unit last month, and it can no longer continue trading. The company, worth about 70p per share after a restructuring in January, has continued to spiral, yesterday shedding a quarter of its value to close at 3p. Last month, the group announced it was pushing forward with plans to delist the whole company, as the benefits no longer outweigh the costs.

By the way totally agree with you Islander, nothing wrong with AIM. Although I sold out of Aquillo at 34 when they announced intention to delist I lost on this, but really just blame myself. Afterall, when I re read the interim statement from September last year it was a shocker. Just thought that the restructuring would turn things around. Could not have been more wrong

[legal aid] 03/9/2007 11:44

What are the possibilities that the party originally interested in buying ITS, may only have been acting the part at that time, whilst they sought better info?

Further and comfortable in the knowledge that administation was the only other alternative available to Aquillo, that this same party may now be the first in the queue to salvage this from the administators at a much lower price.

Either way the private investor is again screwed to the hilt without learning anything from the environment he is gambling in.

Investing in the AIM market is like throwing your wallet into the Mediterranean and waiting to see if anything come back.

No chance.

[the big fella] 03/9/2007 09:29

Nothing left to be said about this dog.

[ibarty] 03/9/2007 09:14

when they acquired ITS, it was meant to be making 50,000 a week.....

[tp100] 03/9/2007 09:05

not the news we wanted.

[boxwellian] 23/8/2007 21:45

Would the Plus Market be a way of keeping a quote at lower cost. Seven Arts
did this recently. Unfortunately lacks a BB.

[mistyblue2] 23/8/2007 10:53

few are having a nibble here hope is always good to have ...............

[shamster] 23/8/2007 08:49

I saw the light many moons ago, me old Greek. I didn't take part in the fundraising and like some others on here have just 3 or 4 shares representing the £500 I invested in 1000 shares around 7 or 8 years ago. You, on the other hand, were ramping this very recently, transparently or not. Resent away ...

[greek islander] 23/8/2007 08:15

shamster

You are being reactionary. If you read my posts rather than see what you want to see you will see that I am reactive to events and having been let down time and again I finally saw the light and when the last set of results came out I sold and strongly advised others to do the same. At the time the share price was about 38p. I then saw the further evidence from that point onwards that we had clearly been taken for an almighty ride by the directors and bemoaned the fact trying to get others to see it and in the case of you and others this fell on deaf ears.
Of course I am antagonistic having lost heavily but why so many others continued to go with this company I shall never understand. The writing was clearly on the wall and becoming more definitive by the day. Since that time when my eyes were made to open I have maintained my stance, so I strongly resent your comments as I have been totally transparent about my views.
Just wish you shamster hadn't remained so blind.

[mercier et camier] 23/8/2007 07:04

Yes I was and my views on the prospects for the company have not changed. However no matter how shrewd an investor one things one is no-one can account for the shenanigans of the directors.

The company consolidated its shares to 87p look at them now. The company is capitalised at about £300K with £1.5M of funds in the bank. I no longer believe there ever was any intention of selling ITS or ABS, they are both profitable businesses.
You cannot insure yourself against this sort of thing. I should know I've warned enough investors about it.

[legal aid] 23/8/2007 05:56

As I recall Mercier & Camier was also sounding Aquilo's praises and promoting a promising future.

But how much of his own money does he ever risk?

It's likely that at least half of what you read on these boards is purely propaganda.

[davidrigby] 22/8/2007 19:59

and this will go ponto within weeks


Toodle pip

[shamster] 22/8/2007 19:18

It wasn't long ago that GI was on here expounding the blue sky potential of this and averaging down like crazy. The fact that he was all but alone in this view wasn't going to stop him. Eventually he seems to have seen the light, sold up and become the world's most hypocritical critic. Well done the Greek!!

[greek islander] 22/8/2007 19:04

tp

get real - talk about rose tinted.............this guy is unbelievable!

THis company is all but in rceeivership. I give it 4-6 weeks.

[wardy3] 22/8/2007 16:07

They took 90% off me the last time around when they said they were in talks that should enhance shareholders value , what happened they crashed similar story here call in the FSA.