Arkle Resources Share Discussion Threads

[spyderman] 15/1/2003 08:40

halfpenny, you are not doing well enough, try harder please

[shifty clifty] 15/1/2003 00:41

Thanks Jollyjohn. ARC seem to have plenty of cash otherwise there wouldn't be any fuss about returning it to shareholders. With IT hardware spending starting to pick up again, it would suggest that ARC business will improve over the year rather than get any worse. Are ARM going down the toilet as well?

[divina] 14/1/2003 19:53

halfpenny

like BBG will be 3p even 2.5p
haha last laugh is on you!

[symbol] 14/1/2003 19:51

Halfpenny,

When will you get a life......Its amazing, when ever I see you name on any of the BB`s your de-ramping the company in question !! Do yourself and everyone a favor, go and play on a motorway.

[halfpenny] 14/1/2003 10:37

12-15 is to comre soonnnn...now people are selling ...

12-15p to come sooonnnnn

[spyderman] 14/1/2003 09:57

halfpenny,

hope you can drive the shares down to 18p, so i can buy some more. because 16.7p of that should be coming back by june in the £50m capital repayment, leaving just 1.3p or about £3.9m valuation on the balance which could still have up to £50m cash

[halfpenny] 14/1/2003 09:34

STRONG CHANCE OF 12-15p to come sooonnnnn.....bad news in the pipeline....sales not hitting targetsand CASH running out fast......BIG PROBLEMS......only a takeover will help...but is unlikely.....


12-15p or less to come sooonnnnnn..risky

[jollyjohn] 10/1/2003 23:00

Shifty Clifty - because they were coming under heavy pressure from major institutional investors to return cash. In fact, according to the FT, they wanted more cash returned. Arc seem to have given back as little as it thought it could get away with.

[shifty clifty] 10/1/2003 14:09

Thanks ghhghh for the info. I'm personaly suprised that ARC are returning capital. The chip market is going to expand eventually and capital will be needed to cope with demand. Why return capital at the market bottom?

[ghhghh] 10/1/2003 09:45

Difficult to see 12p to 15p when 17p cashback imminent!

Post cashback, shares should be backed by about 16p of cash and cashburn(assuming flat revenues) seems about 4p to 5p per share pa.

Should trade at less than 50% discount to cash, my guess about 10p.

Hence buying at 24.25p leaves shares costing about 7.5p post cashback.

Not wildly exciting but should be safe plus chance of bid, especially if trading suffering.

[shifty clifty] 10/1/2003 09:21

Why do you say that halfpenny?

[halfpenny] 10/1/2003 09:17

ARK is a STRONG SELL WITH 12-15p to come sooonnnnn...RISKY


12-15p sooonnnnnn

[spyderman] 09/1/2003 21:07

overline, if you issue share at a premium to face value, the premium is credited to the share premium account

[overline] 09/1/2003 10:51

What`s a Share Premium Account? (ref. the recent announcement)

[spyderman] 17/12/2002 10:13

all very quiet over here. whats going on?

perhaps interest will pick up as that 16.8p comes into closer range, but its only some 6 months now...

[divina] 16/12/2002 10:51

the 500 K was broker to broker

[divina] 16/12/2002 08:42

Any weekend press regarding ARK? just wondered why the big fall the morning

[divina] 14/12/2002 00:08

FRANKFURT (AFX) - Semiconductor sales in November were up 13 pct from
November 2001, after a year-on-year rise of 9 pct in October and a 2 pct rise
in September, the German Electronics Industry Association ZVEI said.
In the first eleven months, sales were down 12 pct compared with the
year-earlier period, it said.
The book-to-bill ratio in November was 1.01 compared with 0.97 in October
and 0.96 September, it said.
The book-to-bill ratio is an indicator for the market in the midterm,
showing the ratio of orders booked for future delivery to orders being shipped
immediately, and therefore billed.
It shows whether orders for chips are rising or falling and at what pace.
[e-mail]
das/pb
NNN

[divina] 13/12/2002 13:57

The case for a tech comeback

Spending is back and tech profits could be up big next year. It's true. Really.
December 12, 2002: 6:40 PM EST
By Justin Lahart, CNN/Money Staff Writer



NEW YORK (CNN/Money) - Wall Street's troop of technology analysts are at it again. Sure, this year was bad, they say, but next year tech earnings are going to bounce back by a whopping 35 percent. To skeptics, it sure seems that even after three years of stock market pain these lithium-addled souls still haven't learned their lesson.

But here's the catch: This time around the analysts may actually be right.

The technology industry's big problem, broadly speaking, is the corporate spending cutbacks that began in late 2000. Tech outfits were accustomed to outrageous growth and were geared up as if it would last forever. When the slump came they found themselves with more plants, people and competition than they could handle. Because companies had such high fixed costs (to pay workers, keep the lights switched on, etc.), the sales decline led to a much bigger decline in earnings. Intel, for example, saw its revenues fall by 21 percent in 2001, but its earnings dropped by 68 percent.

Now the process looks like it's beginning to unwind, which could make for a decent pick-up in sales, and an even bigger increase in profits.

Been down so long (being down don't bother me)
After a long hiatus companies are stepping up purchases again. According to the Commerce Department, Corporate America increased technology outlays by an annualized 10.3 percent in the third quarter and people in the business of selling technology are beginning to feel a whole lot better.

Counterpoint

Intel: How do you value zero growth?

Brocade: 'Don't buy our stock'

Look out! Insiders are bailing

Stocks: Worse than you think



"Just looking at the way orders have started to pick up, it looks like we've hit bottom," said Carl Chrappa, whose Independent Equipment Co. sells used semiconductor-manufacturing equipment. "Last year this time the secondary-equipment market was at its worst in history -- I've been doing this since 1970, and I never saw anything like it. Now you get stuff and there's an actual possibility that you can sell it."

That increased demand for chipmaking equipment reflects an increased demand -- and expectations of increased demand -- for chips. Global chip sales steadied this year, starting off poorly but improving to the point where it looks like 2002 will be fractionally better than 2001. Next year the Semiconductor Industry Association forecasts chip sales will increase by 20 percent.

All this flies in the face of a strongly held belief among many Wall Streeters: that U.S. companies bought so much technology equipment in the late 1990s that they don't know what to do with it.

"This notion that there's just too much tech everywhere contrasts with the fact that there's actually been a spending improvement," said Salomon Smith Barney economist Steven Wieting. "If we really were just choking in technology right now, companies wouldn't be spending money on it." (This contrasts with telecom equipment, where there is just way more capacity than anyone knows what to do with.)

The party you are trying to call...
The fact is that much of the tech equipment that companies have on hand now is getting long in the tooth. Credit Suisse First Boston strategist Paddy Jilek has pointed out that the peak growth rates in computer and peripheral investments occurred from the middle of 1997 through early 1998.

The reason: Companies were bringing new computers online in front of Y2K. The implication, says Jilek, is that much of the equipment purchased for the Y2K buildout is now five years old.

"The life of the computer has been stretched out," said Semiconductor Industry Association analyst Doug Andrey. "But now you have a lot of computers that are reaching the end of their physical life."

Even the old computers that have weathered the years without getting too many kicks to their hard drives and cans of coke spilled on their keyboards could be lumbering toward the PC graveyard soon. The dominant operating systems during the Y2K buildout were Microsoft's Windows 98 and NT 4.0. On June 30 next year both are going to enter what Microsoft calls the "non-supported phase" (translation: don't call Microsoft with your problems). This will force many companies into an upgrade cycle.

And it's not just Microsoft. Oracle and SAP have recently indicated they won't be supporting some older versions of their software. So long as the economy doesn't dip anew into recession, it looks like companies will have some strong incentives to scuttle their older tech equipment.

"We can look forward to an improved spending climate next year," said Ed Hemmelgarn, who runs the Cleveland-based hedge fund Shaker Investments. "Is it off to the races? Of course not. But it's getting better than it was."

And just getting better, it turns out, could do wonders for profits at many tech companies. Just as earnings crashed harder than revenues on the way down, they can bounce back by more on the way up. In short, sales go up by a bit, but, because costs don't rise with them, much of that revenue gain drops down to the bottom line.

[divina] 10/12/2002 11:56

San Jose, CA., November 26, 2002 – Due to increasing customer demand, ARC International (LSE:ARK), a world leader in configurable System-on-Chip (SoC) platform technologies, announced the expansion and reorganization of its North American sales force. As a result, ARC will be better positioned to identify emerging market opportunities and partner with its customers to deliver integrated product solutions.


increasing customer demand

[boobly] 10/12/2002 11:17

divina...; I hope you`re right ! But recent share buy backs have not proved successful.

[divina] 10/12/2002 10:49

BUT THEY ARE GOING TO CUT HALF THE SHARES IN ISSUE WITH SHARE BUY BACK

THEY ARE VERY UNDERVALUED IMO

[boobly] 10/12/2002 10:43

Sentiment in the market is appalling ! Company chiefs are TERRIFIED of making the WRONG move , Investors are now Very wary , Consumer CONFIDENCE is becoming increasingly more cautious , Oversupply is a MAJOR problem in most sectors , the technology sector is still riddled with SUSPICION , there is no clear end to the GLOOM .............I could go on - BUT - That`s what`s stopping it !

[riskblue] 10/12/2002 10:39

Nice 1.35 million delayed trade that looks likely to be a buy. Hopefully will start to make some steady consolidating progress north now.