Arkle Resources Share Discussion Threads

[king of jungle] 06/8/2003 12:54

Rumours are around that there will be a take over attempt on ARC at 32 p each.

[paulypilot] 05/8/2003 18:01

Hi Dell,

Nice of you to mention me, but am not sure my trades in Arc should be taken as anything worthy of following !! :-)

I don't know anything about the technology, and the company looks awful to me, but it's one of the few shares trading below net cash still, and my interest stems from the possible value in the IP.

All sorts of unlikely shares seem to be rocketing in price at the moment as people get excited about the IP again. Maybe Arc will be next ?? Even if it is not, the downside looks pretty well covered to me for the next few months anyway, while the cash pile remains above the market cap.

I doubled my stake to 400,000 shares this morning, so fingers crossed !!!

Regards,

Paul Scott.

[dell314] 05/8/2003 10:39

Recent news:

[dell314] 05/8/2003 10:00

Paul Scott appears to be increasing his holding of ARK.

He mentions it within thread discussing risks of shorting LMC

[dell314] 05/8/2003 09:32

I was surprised at the lack of a rise after a relatively positive outlook in recent results.
Maybe it just needed a helping hand from TA indicators.

OK, I'm guessing!

Rgds
dell

[bingcrosby] 05/8/2003 09:02

what's the deal this morning. Ticking up at a rate of knots, lots of buting. There's no announcement, anyone heard anything?

[spyderman] 05/8/2003 08:47

dan, well spotted, what TA system was that from?

[dan123] 04/8/2003 21:58

ARK, Broke strong reistance at 21.25,next major resistance at 28,MA 10,20 crossing up, RSI ABOVE MIDLINE,MACD strong buy signal, looks good for medium term.

[boobly] 04/8/2003 14:35

What`s that dh ?

[qantas] 04/8/2003 14:27

What did you say David?

[spyderman] 03/8/2003 22:16

what david?

[easymoney03] 01/8/2003 19:59

this stock does look good value,the share buyback did not touch the price why??

[charlienunn] 31/7/2003 00:35

Symbol,
Yes I thought exactly the same, half as many shares, same company, still a mountain of cash in reserves ( about 32p per share) and yet they are floundering around at 22p. Bizarre!! It would be worth somebody buying them out just for the cash refund. Grossly undervalued IMHO and HOLD for better times to come.

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[outofcare] 30/7/2003 19:09

Hard work has been done, the foundation laid.

ARC is coming off age.

Anyone wants a degree of risk with a potential of huge returns, get in before fund managers. They want certainty, a meager 10% return will satisfy their rating, but not mine. When they do get in, the price will no longer be in 20s.

And who is talking about risk? ARC has the very least financial risk.

Even if revenue does not pick up quickly, ARC can go into reverse gear, reducing staff and could make a breakeven very easily based on current annual turnover of >10 million.
The cost of sales is very small, and gross margin is >85%.

Hey, what if the business does pick up?

Many other tech shares soared with >100% gains in the last few months (RTD, FIB, KWL. etc). Time for ARK's turn. That is why I sold out those shares and zooming on ARK. And this one will be for medium term holding, not a trading stock.

[symbol] 30/7/2003 11:13

I thought the share buy back was going to increase our share value. I should of taken the buy back at a strike rate of 29p, as I will only get 20.5p on the stock exchange, or I have got it wrong?

[dell314] 30/7/2003 08:00

Encouraging outlook statement:

Outlook

Our pipeline for new products is stronger than ever. In the third
quarter, we are on track to introduce a significant number of products
across the processor, peripheral and software business units. We will
continue to focus on optimising our cost structure and reducing cash
burn. In the last six months, we have completed a share buy back and
maintain a strong balance sheet. We now believe that ARC is in a much
stronger position to benefit from any pick-up in customer spending.

[maestro.] 30/7/2003 07:59

and royalties up significantly!

[dell314] 30/7/2003 07:57

Haven't read results fully yet but reduction in cashburn is excellent news:

"Cash burn (excluding the share buyback) reduced by 23% to £3.4 million"

[spyderman] 28/7/2003 21:05

the answer my friend is the management have to step up pace, work twice - no, thrice - as hard to drive the business and ensure it exceeds targets. else its down the drain for the all of us

[charlienunn] 28/7/2003 13:59

Results are due out on Wednesday 30th. ARC are still holding cash to the value of 30p per share for those shares remaining after the recent buy-back at 29p. That strikes me as ludicrously cheap at 21p and another quarter closer to profitable trading. Your views would be much appreciated.

[bingcrosby] 22/7/2003 10:42

Don't know about positive news this morning. ARM issued a grim trading update



Having said that, it doesn't seem to have had a knock on effect on Arc yet.