Atlantic Global Share Discussion Threads

[nurdin] 30/6/2003 15:23

yup alroy...better action tomorrow methinks!

[alroyrob] 30/6/2003 15:22

Looks like its gonna finish today with a surge back up!!

[trt] 30/6/2003 15:22

With delayed trades look at the price and the time and ignore the offer / bid price.

Look back at the price at the relevant time and that will give you your answer

[makday] 30/6/2003 15:20

Could someone tell me what is happening here and what deal and when is it to be announced!!???

[nurdin] 30/6/2003 15:18

Virtually all trades are delayed trades so cant tell if they are buys or sells.Part of a conspiracy or am I getting paranoic lol

[trt] 30/6/2003 15:15

We saw at 0.800hrs this morning what the mark up was by the MM's from the off, can expect the same tomorrow.

Get in quick my friends !!!!

[nurdin] 30/6/2003 15:10

90p soon ..tomorrow if not today!Seems MMs got a whiff of the likey deal and are marking up the price.Mail said it is a substantial deal...they must have done their research before spouting...(wouldnt they have? lol)

[jacklhope] 30/6/2003 15:07

lets hope so any good write ups will only help

[trt] 30/6/2003 15:03

We could see press coverage tomorrow from both Guardian and Mail.

I see investors getting on board now otherwise they will be paying more from the opening tomorrow.

MM's always mark up after press coverage !!!

[jacklhope] 30/6/2003 14:55

good point fingers crossed

[jacklhope] 30/6/2003 14:54

good point fingers crossed

[nurdin] 30/6/2003 14:45

Depends on the nature of the contact/deal.Look at Gresham..

[jacklhope] 30/6/2003 14:22

if it moves about like this before the news what will happen after the news, how high can this go?

[nurdin] 30/6/2003 13:40

MMs have taken stock at 78p and moved offer up soon after.Must be short! Sharks

[trt] 30/6/2003 13:35

As I thought PM buyers coming in.

New high to finish the day I reckon.

[morose] 30/6/2003 13:27

lw
Was gonna ditch my OYS and buy more ATL first thing but they had leapt at the bell so I'm still in OYS at the moment.
Surprisingly OYS is moving up and quite a few buyers, probably following the latest director small buy which IMO was to cushion the share price following the AGM non event disappointment.

[nurdin] 30/6/2003 13:12

TRT... this year I hope.Next year this could rise substantially as license revenues flow through and costs are reined in.Margins over 60% would do me nicely thank you! lol

ps here come the pm buyers...last chance to get in at 81p me thinks

[littlewillie] 30/6/2003 12:33

Some retractment but only about 40k; imho shares are cheap as chips and there's going to be some happy, if somewhat, *morose bunnies jumpi' around..lw

*morose thart they didn't buy more!

[trt] 30/6/2003 12:21

If we get a flurry of buys this afternoon watch the price rise again.
Folk will want to buy this afternoon so as not to miss out on the expected rise tomorrow following all the press coverage.

[nurdin] 30/6/2003 12:16

All the earlier buys at 87-89p now showing up.Hopefully the buyers will average down.Shorters will close their positions as the announcement day appraoches.This should give the share price a boost during this week imo.

[morose] 30/6/2003 10:42

The market has the jitters over it - price falling quickly now

[paulkent] 30/6/2003 10:40

well i view that as even BETTER news than we were expecting...the software is due to be announced in June...so the fact that they are in ADVACNED stages of contract negotiations to me means that its a big client for the new software, and that means that if one buys, then many more will/should follow...think the fact that theyve announced it means they think word is leaking, which of course MUST mean the workd that is leaking is POSITIVE..ie BIG contract!..

[ttjohnson] 30/6/2003 10:33

RNS Number:9349M
Atlantic Global PLC
30 June 2003



For Release
30 June 2003


Atlantic Global Plc


Statement Re. Share Price Movement



Atlantic Global Plc ("the Company"), the West Yorkshire based specialist
developer of business management software applications, notes the recent press
speculation about the Company and the significant share price movement. The
Company confirms that it is in advanced stages of negotiations with a potential
customer regarding a new contract. The Company expects to release further
information shortly.



-ends-

[trt] 30/6/2003 08:23

morose,

i don't know what Interglobe said as I filtered him out a while ago.

But you mention RSI. The RSI is irelevant when important news is on the horizon.The impact the news will have re earnings and prospects for this company will in itself propel the share price higher. Once the press starting reporting the news just watch the buyers flock in the following day.

Look at what the company themselves said in their AGM statement :

These initiatives demonstrate that the increased investment made over the last
few months in the research and development of new products and in sales and
marketing has given us the opportunity to make further improved product
offerings to both existing and new customers. In addition we are maintaining our
forward momentum and expect to announce the release of a major new software
product in July 2003 for which initial customer interest has been excellent,
this product will enable executive teams to have complete control over business
budgets, resources and milestone deliverables."


"The growth potential of Atlantic Global remains substantial with our software
being increasingly capable of delivering considerable benefit to most types of
organisation. We believe we are extremely well positioned to achieve significant
growth in the future."

They are acknowledging how this new software will result in huge growth for the company as a whole.

That is why investors are buying this share now.

The Daily Mail says they are the next Gresham. Well that would be nice as their share price went from 45p to £3.05 in a matter of weeks on the release of similar news re big contracts wth high street banks / blue chip companies.