Artilium Share Discussion Threads

[jailbird] 20/3/2008 12:14

bb,

the mkt disagrees with u.

[abadan2] 20/3/2008 09:56

With the share price at this level, there will be no problem raising cash from institutions at the appropriate time, which is certainly not yet.

[blackbear] 20/3/2008 08:05

not enough cash.

[jailbird] 20/3/2008 08:05

today's results should underpin the share price...any views..£4m cash

[jailbird] 12/3/2008 16:09

i see credit have sold approx 3M..so yes maybe Db have picked up more.

[johnwalton] 12/3/2008 15:48

expect another holding notice from db!

[jailbird] 10/3/2008 12:50

i have just acros this today...

i will sift thru the posts eventually..but can someone advise the cash situ please.

i can see why the fall happened...looks like an exciting prospect..buy on weakness and hold i think.

[johnwalton] 07/3/2008 13:15

DB onboard at 3.5%

they could pick up more if their track record is
anything to go off.

could see a quick march back up to 60p.

[l30nski] 07/3/2008 10:02

Seems to have had a nice bit of upward movement last few days so I've put a couple of K into it. Hate to try and predict price but 60 plus sounds about right to me.

[gemini 4 u] 07/3/2008 09:43

Bit of action today, where do we go from here, 60's?

[giantpeach2] 06/3/2008 08:26

and we are off

[bubface] 05/3/2008 21:30

cold investments aka robert bonnier.13th nov had 13,975,000 shares 26% of company.

[blackbear] 05/3/2008 21:14

I wonder if we will ever find out who busted their balls.

[cn100] 05/3/2008 18:40

2 big after hours trades tonight:
2,047,037 @ 35p.
500,000 @ 35p

Hopefully this will be the end of the overhang that has been holding the shareprice down and now we can move forward.

Anyone enlighten me as to what other 'big' trades there have been over the past 2-3 weeks and how many shares in total are being unwound because of the Global Trader Client position? is it 12-15 Million?

[andrbea] 03/3/2008 10:54

Artilium, the mobile telephone software company, rose 5p to 40p after Panmure Gordon, its house broker, upgraded from "sell" to "buy" but cut its price target to 62p.

[cn100] 29/2/2008 13:12

Yuka Just looked at that on their website ! Interesting read.

[yuka] 29/2/2008 12:36

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.

[andrbea] 29/2/2008 11:37

post 218 in encouraging for us longs :-)

if the margin-callers really are out of the way, it'll be like a coiled spring IMO
I recall it went up 28% intra-day one day earlier this month, when people thought the Global Trader thing had been flushed through.

[izzywizzy] 29/2/2008 11:25

8500 on 35 and 4484 on 37

[cn100] 29/2/2008 11:19

ok no worries. thanks anyway. whats it looking like?

[izzywizzy] 29/2/2008 11:18

No problem. I if was actually able to follow the instructions I posted I would post L2 for you...but my IT skills are such, that I can't.

Sorry.

[cn100] 29/2/2008 10:59

Sorry i meant does anyone who has l2 know how to post it? can anyone post a screen shot on here so we can all see whats happening.

thankyou izzywizzy for your message.