Artilium Share Discussion Threads

[soulman08] 15/2/2008 12:20

bubface & wig123 where do you see this in the next week or so. bub was that your 35000 purchase.

[bubface] 15/2/2008 12:14

have had to pay 46p to get any size.fingers crossed we now get the bounce

[andrbea] 15/2/2008 12:02

Dialogic will be demonstrating the video conferencing capabilities of the MMP 2.0 Booth 2.1B81 at the 3GSM World Congress, to be held February 11-14, 2008 in Barcelona. At the booth, Dialogic will also be showcasing its partners' innovative solutions using Dialogic components including:

Artilium – Next-generation service delivery platform enabling operators to benefit with least-cost routing, mobile click2dial, enhanced mobile presence, MVNO and other solutions.

Envox Worldwide - IP-based voice solutions that significantly reduce operating costs, improve customer satisfaction and retention, and generate new revenue streams.

TeraComm - Video Gateway and Stream Services Platforms focusing on user-friendly interface for creation and monitoring of different 3G Video Portals.

CreaLog - Voice portals ideal for mass calling for voting and raffles, unified messaging, and conferencing and Interactive Voice Video Response (IVVR) for mobile video.

Gintel - A complete virtual PBX for SME subscribers, including mobile office and call center applications.

InSerTO - Voice SMS service, 3G call continuity, 3G video services and enhanced call services.

Wind Mobile - Super scalable platform for custom ringback tones.

[manojbhura121] 15/2/2008 11:55

Haha...well said...thanks for boosting my confidence wig123....

Soul...i am indeed short mate...NRK, OXS and BARC - all under performing...no liquidity...catch 22 situation...!!!!!!!!!!

[wig123] 15/2/2008 11:53

Just bear in mind you havent lost any money until you sell, (remove the stops) lol

[soulman08] 15/2/2008 11:51

manoj i dont think you will see that price, there are alot of buyers slowly but surely coming into this, the last time the price droped in august last year, we had a good bounce up. are you short

[manojbhura121] 15/2/2008 11:49

Well done Wig123...i am sure everyone on this thread are facing a tough situation...winners are the ones who can average it down I hope...

[wig123] 15/2/2008 11:42

Just called the company, waiting for call back Matt Dixon on 02078313113 these should release RNS with regards price drop , considering the carry on with Global Trader the least they could do is calm the jitters amongst PIs, i

[manojbhura121] 15/2/2008 11:36

hey...its going towards 40's....Wig123...still waiting to see mid 30's...

[manojbhura121] 15/2/2008 11:13

Thanks Wig123 and Bubface.Thanks for your suggestions. I think i'll have to wait to see the rock bottom nearing 30's and 20's before i average it down...dun have spare dosh to get some now...stuck with BARC, OXS and NRK...hopefully situation will improve sooner rather than later...I am a new fish in this nasty Ocean...lol

Good luck

[soulman08] 15/2/2008 09:14

its robert bonnier screwing everyone again. Good thing though is he is out shorts have made a mint on these, good luck to them, but most have closed in recent days. its come down from £3.50, just some patience and this will be back to at least the £1 level.

[bubface] 15/2/2008 08:31

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

Print articleEmail articleOrder reprints

[leedskier] 15/2/2008 06:47

Global Trader clients investigated by FSA
By Richard Fletcher, Ben Bland and Katherine Griffiths
Last Updated: 12:59am GMT 15/02/2008

The Financial Services Authority is understood to be examining the affairs of clients of Global Trader 247 - a London-based CFD provider.

Global Trader was said to have dumped millions of shares in Aim-listed software company Artilium in recent days - sparking speculation that one of the broker's largest clients had failed to meet a "margin call".

A spokesman for Global Trader said the company had been granted a "variation of permissions" by the FSA yesterday morning.

[bubface] 14/2/2008 20:39

mano would have to agree with wig123,i personally am disappointed with the current distress in the market in these things,it is short term and it will sort itself out within a few days.much of the distress selling has printed out at 50p and i am hoping this is the bottom. as i posted above cfd/spread co global trader's regulatory approval is being frozen for lack of capital adequacy and i think this has led to forced closing of some positions..arta being one of them.

[wig123] 14/2/2008 19:13

Mano, im in at 80, then again at 55, will be in again at 40 and at 30 , if you got spare dosh average down, if you can afford the wait HOLD. If not take your losses now. no advise intended

[manojbhura121] 14/2/2008 19:07

Guys I am stuck at 83p...what do you suggest???

Bubface - you suggestion is welcomed...!!!!!!!!

[bubface] 14/2/2008 17:20

i personally think you will....with a bit of patience and a decent bear squeeze.

[goldstar] 14/2/2008 17:09

Lets hope so I'm stuck in at 130p at the moment, hope we see it again.

[bubface] 14/2/2008 17:02

leveraged long positions being forced out [linked to bonnier] i understand.i wouldn't be surprised if the short position was not taking advantage to buy some back in this distress.
have bought a few today as i think the valuation is starting to be a lot more interesting and there was a very large short outstanding,but will not get more aggressive until picture clearer.

[goldstar] 14/2/2008 16:55

Bubface .. are you suggesting the longs are being forced to close, or the shorts ?
Thanks in advance.

[bubface] 14/2/2008 16:37

been told forced seller could have something to do with cfd/spread house global trader having license temporarily withdrawn and are closing positions out.....the name of mr bonnier being mentioned...again!! just rumour dyor

[blackbear] 14/2/2008 13:00

johnwalton my personal opinion is shorters would be very wise to make a start to close at this level.

Bb.