Asite Share Discussion Threads

[gresty] 02/9/2008 12:57

Maybe the announcements aren't that notable. Competitors seem quick to ridicule them. See Aconex ( and BIW (

[flc] 02/9/2008 09:13

Can never understand why they don't get a decent PR company. These announcements are all good but go unnoticed. Almost as though they purposely want to keep off the investor radar.

[whe4to] 01/9/2008 15:38

Another release later in the day

But again GT what does this mean in money terms. Come on asite as Tom Cruise said with his pearl drop smile 'show me the money'

[goonertone] 28/8/2008 09:20

Just a snippet from the Asite website. Couple of interesting comments buried in it.

GT

[goonertone] 20/8/2008 17:01

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

[whe4to] 20/8/2008 13:41

Well said Sir, what we really need though is a stonking set of results to get us noticed and all these single digit numbers will be resigned to the history books...come on Asite lets be having it!!!!!!!

[goonertone] 20/8/2008 13:04

No interest outside the directors means this can only currently drift at the whim of the odd PI sale.

What annoys me as a small PI is the lack of visibility we get as to trades etc. I accept that we are a long way on from the days of paper trading and now have L2 etc but this has just made it worse in my opinion. I accept that people for whatever may wish to sell or buy shares and that this will affect the prices mm's will make. However the ability to delay trades or in some cases just move prices for the fun of it makes it impossible for the Pi to make a trading decision, it always has to be an investment decision.

Yesterday the price was dropped by one mm dropping its offer. No trades yesterday or today. Was he bored, is there a big sell order in, is there a big buy order in. SETS and the main market are just as bad now with trading programmes hiding the true extent of buy/sell strength.

In my humble opinion the system needs to be reformed to stop late posting of trades or hiding of trades, increase the minimum level of stock that MM's have to deal in, somehow regulate the size of spread and make the MM's have to actually take on some risk for the money they make. Maybe for every main listing and sets listing they have the stock exchange should issue them with a set number of small caps to have to make a market in.

GT

[whe4to] 06/8/2008 12:36

thanks for all the comments woke the bb up for a little while...

[flc] 06/8/2008 11:57

Fair view GT.

I originally bought in early 2004 and sold out when they hit 7+ so already in profit so to speak. jumped back in in 2006 and happy to hold long term as I think they will move forward.

[goonertone] 06/8/2008 10:48

Its difficult because of the RT factor. What is he going to do with his b shares and his loan. Company takes account of them when calaculating eps but ADVFN doesnt include them when calculating the market cap.

It would be a lot easier if BIW would float as they keep threatening to and that would give everyone the market leader to benchmark against. BIW are turning over £5m+ and just had a maiden profit of £500k. Value for a float mooted at £30 to £50 million.

Asite is a third the size but growing at the same rate and valued at (if you include RT's B shares) at an 1/8th of the lower figure for BIW's valuation.

Therefore my view currently is that based on the increase shown in the accounts a price of 5p is fair if the next interims show continued progress then 8p is probably the right area. Longer term if profitability occurs then 20p is on the cards but thats a year away.

GT

[havenpoint] 06/8/2008 10:45

I have been this one a long time from Premysis days (before the name change). Do you remember that era? I bought in large quantities at 150-200p so you can imagine how I feel now. So I wont be happy with 10p, no way.....

[whe4to] 06/8/2008 10:22

FLC.. When 10p, profitability...whats it gonna take to get this share motoring??

[flc] 06/8/2008 07:44

I'll be happy with 10p.

[whe4to] 05/8/2008 21:29

goonertone just me and you....what are you expecting from this share..short term, medium term & long term. All feedback welcome.

[whe4to] 23/7/2008 08:35

good point...than again we can't expect too much from people on a £100,000 can we?

[goonertone] 23/7/2008 08:31

I know what you mean.

The one thing that amazes me not just with Asite is their lack of thought when issuing and wording RNS's. It costs to put out an RNS so why would you release a good news RNS at 5.30 after everyone has switched off and it won't be picked up by most software the following day as they refresh from 7.00am.

GT

[whe4to] 22/7/2008 20:58

GT held these for years, always promised the mrs I'd pay the morgage off with these, or die of old age....good luck my mate.

All the best

Kev

[goonertone] 22/7/2008 20:20

More director buying. They are just hoovering up any stock on weakness. Again not huge amounts but any larger buys will just cost to much due to liquidity so they are just buying up shares when the opportunities arise.

GT

[goonertone] 22/7/2008 14:57

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 now

max 25k to buy at 2.4 and 50k to sell at 2.05.

Something in the air??

Gt

[whe4to] 22/7/2008 13:24

Spreads a killer GT...

[goonertone] 22/7/2008 09:36

Go weeks without any trades then yesterday you geta distressed seller hitting the price a drop again this morning and then a bunch of buys pop up to turn it around.

Don't you just love microcaps.

GT

[whe4to] 11/7/2008 18:22

Yeah good news but would help if they bought larger chunks!!! not exactly putting their house on it...then again if the media is anything to go by that's all ya house might be worth in a couple of months...ha ha

Good luck all.

[goonertone] 11/7/2008 14:41

FLC

There is no take up of SAAS collaboration tools ,from what I have read, in the housbuiling industry anyway which is the one being hit. The time out might give them time to reassess the benefits of the systems on offer and see them as a way to cut those vital few percentage points of a project to allow it to restart.

All just supposition on my part but hey directors are buying for the second time this year so apart from ruining my chance to pick up a few more at recent low its reasonable news.

GT

[flc] 11/7/2008 14:23

We could be on our way here gooner. Directors buying always a good sign IMHO irrespective of volume. Downturn in construction is worrying but on the flipside the Asite platform may be more attractive as companies seek to reduce costs through more efficient project management.

[goonertone] 11/7/2008 14:19

I'm seeing things now i swear I saw a 2p bid.

Ho hum back to the cell.

Gt