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ARTA Artilium

22.80
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
Artilium Investors - ARTA

Artilium Investors - ARTA

Share Name Share Symbol Market Stock Type
Artilium ARTA London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 22.80 01:00:00
Open Price Low Price High Price Close Price Previous Close
22.80
more quote information »

Top Investor Posts

Top Posts
Posted at 19/6/2018 11:45 by gnnmartin
The display of the presentation is no up on the Parateum site, but I'm disappointed that it does not include the voice-over. Although the spoken presentation usually just gives a sort of read out of the display, I do find it helpful.
Posted at 30/10/2017 13:13 by walbrock82
I feel the business lack of competitive advantage in a very competitive sector makes it a unviable proposition for investors. That’s because of several things investors should be cautious about:

1). High Goodwill value; - it could destroy the venerable £37m market valuation.
2). The mystery behind reallocating 1m Euros of receivables to Non-current assets.
The shares have risks attached, but people interested need to do more research.

For full analysis of Artilium and other companies’ result analysis, click
Posted at 01/11/2013 11:23 by gnnmartin
I've been looking at the recent annual report, and been unable to find the significant shareholdings in Artilium including directors' shareholdings. I haven't read methodically page by page all 89 pages, can anyone save me that effort and point me to the page on which this is reported? Am I right to assume it does have to be reported?

PS. I've found a list of major shareholders on the company's web site at but I still haven't found any information about director's shareholdings.

PPS. I'm now fairly confident that the directors' shareholdings are not reported in the annual report. I thought that was mandatory.
Posted at 01/11/2013 09:28 by stinkstruik
As far as I know these huge ebonus payments have come to an end with current management (at least that is what it seemed last investor presentation in Holland, which I joined). Management seems to be sincere with the well being of company.
Posted at 01/4/2013 15:24 by stinkstruik
a fewq more good rns'hopefully soon and we will attract new investors and we will see the appreciation back in the share price Expect share price to be 10p+ within a few weeks.
Posted at 08/12/2010 15:45 by magnerita
it is on their website:



i dont think i will be going. I am not based in London and the agenda looks like it will be a 20 min meeting.
Posted at 18/5/2010 19:08 by zelion
Thx Joe.
Lets hope all for news anytime soon, because we need it.
I have written an email to www.aimzine.co.uk and asked these people to interview Artilium. Received a reply that they are cvertainly interested to do so, although they do noty expect to do it anytime soon because they have a busy program for the comming time. Also wrote an email to Fred Mulder and made him aware of this website. He replied me that it can certainly be interesting for him (he is aware that more attantion for his company could bring more investors).
Posted at 26/4/2010 12:47 by joestraughan
Just came across artilium yesterday. I see one of my holdings - sync - has the same big investor of lanstead partners. I see artilium does some similar work to sync - I wonder if any overlap or synergies to be gained? The reason I am interested here is because in 2008, lanstead came over to the UK to see sync, it was at the registered office of artilium. Could be nothing, just a lawyers/finance house address in the city, but I will follow artilium more closely now!
Posted at 29/2/2008 12:36 by yuka
Positive broker comment mentioned on today's FT Alphaville:
_____________________

RO: Anyway, the other stock that did the damage in Global Trader was Artilium.

RO: I was quite amazed to see this pop into my inbox this morning – Artilium: upgrading to buy

PM: Blimey – who's that from?

RO: Panmure Gordon.

PM: Are they mad or brave?

RO: Well, that was my first reaction, but on further reading. . . .

RO: The analyst Giles Leather initiated on the stock six weeks ago with a "sell".

RO: Since when the stock has fallen 80 per cent.

RO: So the guy obviously knows what he's talking about.

RO: But he reckons the stock in now in buy territory.

PM: Brave call. What does this company do?

RO: Few are exactly clear. Some sort of telecoms technology.

RO: Anyway, here's the note.

Following a sharp fall, the stock now looks attractive for aggressive investors
looking to benefit from Artilium's strong positioning in enabling new telecoms
services. To reflect the market's reduced risk appetite, we have adopted a more
prudent valuation approach and have revised our price target to 62p, which
represents 77% upside from current levels. We upgrade from Sell to Buy.

Since our initiation of coverage on the 4th January 2008 with a Sell recommendation, the
stock has fallen by 80%, which prompts us to revisit our valuation and target price.
Having been driven by momentum oriented retail investors for the past year, the stock
should now attain a support level more driven by its fundamental value.
RO: In the same period the share price's of the comparable group we used to back up our
DCF valuation of Artilium has fallen by an average of 20%. In particular the more highly
rated stocks have fallen sharply, resulting in a 30-50% fall in median group multiples.

In reflection of a marked reduced appetite for risk we have prudently adjusted our DCF
model to reflect a higher WACC of 20% (previously 15%), and lowered our terminal year
(FY12E) revenue to £25.7m (£27.7m). Our revised model results in us reducing our price
target from 91p to 62p. This equates to an EV/Revenue multiple of 3.8x when based on
CY08E revenue (£8.3m), which would put the stock at the upper end of comparables.

At current levels the stock now looks attractive for aggressive investors. The company has
broadened its proposition through the recent acquisition of Trisent, which will allow it to
address the market for enabling location based services for mobile operators. We continue
to believe Artilium is well positioned to enable emerging trends in telecommunications
and therefore upgrade our recommendation to Buy.
Posted at 15/2/2008 08:31 by bubface
FSA forces Global Trader to shut up shop
By Robert Orr, Neil Hume and Jennifer Hughes

Published: February 14 2008 22:15 | Last updated: February 14 2008 22:15

Global Trader, the online spread trading company, has been forced to close its doors to new business after intervention from the Financial Services Authority.

The move followed heavy losses sustained by clients trading equity derivatives in Artilium, an Aim-listed telecommunications technology group popular with retail investors.Artilium shares have plunged in the last few months in spite of a lack of news flow in the company. From a peak in October, the stock has dropped 86 per cent, leaving the company valued at just £30m.

Global Trader is a specialist in spread trading and contracts-for-difference (CFD), a type of equity derivative that allows investors to gain exposure to a share, often with a relatively small down payment. The company confirmed last night that it had applied for a "variation of permission", the official method by which companies change the terms of their authorisation.

It is understood the FSA requested the move, which means Global Trader will no longer be permitted to carry out regulated activities except to close existing trades. The regulator would have had authority to force through the variation of permissions if it had wished.

Global Trader said: "Throughout the process, we have been communicating to our clients and taking every permissible action to protect the value of their investments."

A full statement is expected to be issued today to the Johannesburg Stock Exchange, where Global Trader's parent company Purple Capital is listed. According to its website, Global Trader conducts more than 600,000 trades a year, worth in excess of $10bn per annum.

The group has offices in London, Johannesburg, Cape Town, Toronto and Bangkok and a presence in Singapore, Moscow and Vancouver.

Until recently, Global Trader was run by Fleur Gremmen, a former JPMorgan investment banker who helped found the business in 2000. The company was bought last year by Purple Capital, a South Africa-based financial services group headed by Mark Barnes, executive chairman. Purple Capital owns stakes in a host of South African companies including Integer, Blackstar Investors, African Independent Finance and Spanjaard.

CFDs have been at the forefront of the booming equity derivatives market because they are highly liquid and often more tax-efficient.
Copyright The Financial Times Limited 2008

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