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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Asite | ASE | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.75 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.75 | 0.75 |
| Top Posts |
|---|
Posted at 15/12/2009 16:13 by notanewmember2 ASE the ultimate protection for the US citizen, in troubled times.*Hyperinflation -> thesilver intrinsic value will rise, protecting purchasing power. *[Hyper]Deflation -> ASE has a face value of $1 dollar and is lawful legal tender. Imagine buying a weeks worth of groceries with $1 when money is scarce and cash is king? *Abandonment of the dollar completely. ASE will still be worth the silver content and so is outside the fiat $ mechanism. |
Posted at 24/9/2008 14:02 by goonertone After attending the AGM this morning I am fairly heartened that this will deliver value over the coming months/years. Being the only shareholder there did mean I was outnumbered but i did manage to ask a few questions and get some clarity on some matters that I had been wondering.RT wasn't there so the question of what he wants to do with his loan long term couldn't be asked but most there that I asked seemed comfortable with the position. The fact that the AGM was at R2O's offices speaks volume for his commitment. The license model now seems to be bearing fruit and opening up opportunites for selling within companys that had previously worked on a contract basis. The main thing that I gleaned was that the development work that has gone on over the last few years to improve the system has all been passed through the P & L account and will continue to do so. The intangibles will be completely written off this year so next year there is an immediate £200k drop in profit. Ebitda will effectively become pre tax. If the increase in volumes continues next year then i expect the small pre tax profit for the full year this year will become £500k in 2009. Recent funding for aconex and the mooted float of BIW both pitch valuations at 5-7 times turnover. This would value ASE at £10 to £14 million. With losses a plenty to set against profits for a while then on a PE of 12 which is fair for a company growing at 30% you get a valuation of £6 million. Somewhere in between would seem appropriate. Market cap currently £1.6 million I did raise the point of liquidity of shares and spreads etc. The initial remit for the mgmt team especially Tony Ryan was to get to profitability. This has now been done and going forward the possibilties of share consolidations, house brokers etc to improve the marketabilty of the shares. All in all the company seems to be going the right way with a small but committed team who all like ourselves believe that the company is currently mispriced. Eventually once it makes pre tax profits it will hit a few more radars until then just spread the word. GT |
Posted at 20/8/2008 17:01 by goonertone That would be nice Whe4to and would do wonders for ASE.The rant was aimed at stocks generally as I see this happening more and more on stocks I own/follow. Movement for no reason, ridiculous spreads, trades I've placed that dont appear anywhere, preemptive share movement, large companies able to find large percentage of stock to buy when joe public cant get a quote for more than NMS and if they gamble on at best get caned on the price. The list of the scales being weighted goes on and on. GT |
Posted at 22/7/2008 14:57 by goonertone It is indeed whe4to but it is now half what is was this morning, down to 20% which for ASE is unusual and the online limits have spun round and are nowmax 25k to buy at 2.4 and 50k to sell at 2.05. Something in the air?? Gt |
Posted at 17/12/2007 11:07 by safman The rate at which ASE is going, one would of thought their product offering would be used for a big project.. i.e. with B.A or the olympic stadium.. pure spec on those grounds..saffy.. ps. no holding here.. |
Posted at 06/8/2007 20:20 by future earner Power talker why are we getting closer & closer to some sort of RNs from ASe...????Facts if possible please |
Posted at 05/8/2007 15:12 by power talker Gettingcloser and closer to some sort of RNs from ASe...lets hope its positive and transformative for the share price .Any good news and these will fly.. |
Posted at 26/7/2007 16:39 by power talker Nice move forwards today..Its only a matter of time before we see ASe making some gains.. |
Posted at 24/7/2007 10:48 by power talker i agree, Good find..Lets hope we get some further news as to how things are shaping up this year for ASE, any thing positive and the share price will double. |
Posted at 20/7/2007 00:31 by power talker Dell my view is that they have outstanding liabilitys of 1.7 million pounds.. other than that i have no view, a small issue..Have you asked yourself the question why?Probably not.. From the results please see below another snippet of interest.. Operational review We have continued to focus our sales resource on our major client relationships including Laing O'Rourke, Stanhope, Grosvenor Estates and BAA. In the early part of 2006 the Group was pleased to be awarded a contract for the provision of collaboration services to the Lansdowne Road Stadium Development Company Limited (Dublin) and subsequently to the Dublin Airport Authorities Pier D project at Dublin Airport. In August 2006 Asite was designated as preferred supplier to the Welsh Health Estates "Designed for Wales" initiative. This has seen five contracts awarded already and a steady pipeline for 2007. The focus for the Group for 2007 and beyond is to concentrate on growing sales and we started the year with a significant win in Abu Dhabi - Al Raha Beach Resort. This project, a new city district on 6.8m square metres of reclaimed land, will run for 12 years at a construction spend of US$14.700bn. ASE are out of favour and have released little or no news recently, this i believe will change in the near future. Their client base is blue chip and they have invested heavily in up grading their product so it is accessible to more potential clients.. I believe ASITE will come good this year and with a small market cap and limited shares in issue, investors might have a 3-5 bagger here. DYOR. |
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