Arkle Resources Share Discussion Threads

[warranty] 09/1/2005 12:36

Excellent, now we should start to get some publicity and as more punters buy in up should go the share price I really believe that if ARK really is a takeover target now is the time a buyer would come in. New management has completely turned this company round and with cash in the bank and the rest of the company thrown in for very little it has to be a steal.

I actually hope it's not however as being in from £3 and having averaged down to 62p I would like some payback for the pain of holding all these years but I certainly like a price target of 145p right now.

Fall back last Friday gives a good chance to buy again for the next leg up.

Off topic and apologies but if you haven't already take a look at NTX could be about to fly big time at last.

[cat] 06/1/2005 19:45

100p at least.
Look at the chart.
After that its £3.
:-)

[triplexxx] 06/1/2005 19:40

Nice rise over the last week or so.I'm well in profit now since I bought in at 33p before Xmas,going to hold for results now.What price targets are expected from this one on a one year view?

[hybrasil] 05/1/2005 19:07

My stockbroker tells me it has been upgraded to a buy by ( iforget who but will edit) and is also a possible takeover target they have given it a short term target if 1.45

[the prophet] 05/1/2005 16:10

-nice bit of info, Johnroger
-these keep inching up most days in a very pleasant manner
-but take away the cash from the market cap, they are still way undervalued, imo.

[johnroger] 05/1/2005 16:08

Times Online

January 05, 2005

Rumour of the Day



Talk that ARC International has won a number of US contracts helped it to rise 1½p to 40p, a three-year high. One of the semiconductor designer's rumoured deals is the development of a flash memory chip for Tiger Telematics' Gizmondo, a hand-held console which will launch in the US this quarter.

[warranty] 04/1/2005 21:02

Well done hybrasil I was thinking of doing the same but couldn't get round to it. Certainly looking very strong just now so let's hope it continues up to results which should be very positive taking everything into account.

[hybrasil] 04/1/2005 16:44

I bought a few more of these today

[sventhefish] 04/1/2005 14:07

Hold onto your hats, it looks like it's spiking up again!

[warranty] 25/12/2004 13:04

I agree Proph, I couldn't see it happening whilst the company was struggling but now new management has sorted things out and the contracts are flowing in it's a different story. Whilst I don't expect ARK to get back to the £3+ days it certainly seems significantly undervalued at the moment given the cash position and reduced burn rate.

Could be an interesting 2005 for ARK then. It's also not yet on most peoples radar given the low number of posts on here so let's hope it gets a little more mention in Shares or IC to get more interest next year.

In the meantime happy Christmas to one and all and a successful 2005.

[the prophet] 24/12/2004 10:19

-warranty
-with the strong showing of ARK recently, I also wondered if a take-over could be in the offing.
-it would be a very opportunistic bid....market cap is £53m, knock off around £35m cash or so, and you are picking up the business for £18m or so.
-a business that the current maangement look to have turned-around. Effectively aquiring this sort of business at around twice current sales looks a bit of a bargain,imo.

[warranty] 24/12/2004 10:15

Added again this morning looks like there could be something happening with this at last. Are those rumours of a TO still doing the rounds because with everything now looking rosy for ARK now could be an opportune time for a bid?

[the prophet] 23/12/2004 17:30

-looking nice!
-decent rise and no fuss
-stripping out the cash element, these have the potential for a pretty big re-rating

[lingy] 23/12/2004 17:09

we have liftoff,hold on tight!!!

[jtenner] 23/12/2004 09:27

holmess - add a few more and it'll look even better...hahaha

[holmess] 23/12/2004 08:51

Added a few earlier in the week. Chart looks superb...........

[triplexxx] 20/12/2004 17:08

ARC International plc

ARC International PLC (the "Company")

Notification of Interest(s) in Shares

Section 198 Companies Act 1985

The Company received a notification today from AXA Investment Managers UK
Limited on behalf of AXA S.A. and its Group Companies, informing it that as at
20 December 2004 they had a beneficial interest in 24,368,389 ordinary shares
representing 16.84% of the 144,692,051 issued ordinary share capital of the
Company.

20 December 2004

[triplexxx] 20/12/2004 15:53

Yes I use TD waterhouse,trade was done about 11.15

[realcooltrader] 20/12/2004 15:50

triplexxx, do you use TDW, as some of their trades appear on virt-x? Coincidentally, 10,000 is showing on virt-x as today's volume through them. www.virt-x.com, type in 'arc' in stock search, not 'ark', and scroll down to arc communications.

[triplexxx] 20/12/2004 15:37

bought 10000 of these this morning,strange they are not showing on the trades screen yet.

[triplexxx] 19/12/2004 18:09

Many thanks for that,I think I'll have a few of these tomorrow morning

[sventhefish] 19/12/2004 16:13

See:


Net cash out for H1'04 looks like £5.2m.

They had assets of £37.3m of which £36.2m is cash in the bank.

I.e. around 3 1/2 years if things don't continue to improve.

[triplexxx] 19/12/2004 15:47

How much cash do Arc actually have in the bank? and what is the current cash burn rate? Thanks