Impact Holdings Share Discussion Threads

[cjohn] 22/11/2013 11:30

Because the company is run for the financial comfort of the directors. Look at the disgusting bonus paid to directors for "reducing debt". Horrendous,

[sheldontrainers] 30/9/2013 15:02

Good set of results. Profitable and Debts reduced.

I can't understand how the market cap can be only 30% of Net Asset Value!

[andrbea] 05/9/2013 10:16

11% now (always was an illiquid animal) ....

[emigna2002] 05/9/2013 09:53

AYE MAD INNIT?

[andrbea] 05/9/2013 09:52

8% on one buy?

[superjane] 22/1/2013 17:09

Resignation of Director

Justin Bates has notified the Board of his desire to resign from his role as a
Non Executive Director with immediate effect. Both Impact and Justin wish each
other well for the future.

Here is the first to jump ship. Looks like total chaos! Fall out from the complete failure of the legal services strategy I expect..

IHUK made an enormous mistake exiting property funding OMNI Capital, Dragonfly Finance and Vanberger Property Finance are coining fortunes in bridge loans. I hear Omni averages 16%, Dragonfly and Vanberger 19%.

IHUK had £5m of lending liquidity to play with - pulled out of bridging finance to chase risk in legal services. Total miss-calculation. IHUK could be making a million profit a year in property loans now.... epic failure

[bozzy_s] 28/12/2012 10:33

"In line with expectations"

I don't remember them saying turnover would drop 50% and profitability 97% ?

Not surprised though. My only contact with the company was to ask them to correct a big error in their accounts - showing the wrong EPS - and they didn't. In fact I got no reply at all.

[superjane] 11/12/2012 10:30

IHUK have recognised that legal expense funding has a ceiling so are looking to diversify, but pure Legal Services are currently subject to regime change meaning its hard to predict future profitability, and impossible to judge the sector's value. Making an acquisition at the moment very high risk

IHUK had (still has) a licensed property finance division; however it's been suspended as they hired a fool to run it. IHUK should have fixed that division and got in to niche funding. OMNI Capital, Dragonfly Finance and Vanberger Property Finance are making fortunes in bridge loans - I heard Omni average 16%, Dragonfly and Vanberger 19%. IHUK had £5m of loan liquidity to play with - pulling out of bridging finance to chase risk in legal services was miss-calculated

[still waiting] 24/9/2012 11:45

2 posts.

I thought we must have had news..

[miss anne thrope] 24/9/2012 11:33

lets hope we don`t follow suit before gloating

lol

[grlz] 24/9/2012 11:30

Good news for IHUK - Tiuta plc has entered administration

Now that a competitor has hit the wall, should allow IHUK to increase margins and improve customer flow.

DYOR

[still waiting] 12/9/2012 20:29

fast growing at least

As an experienced and trusted provider of medical reports, we are recognised as one of the fastest-growing agencies in the country. Established over a decade ago, MLA has crafted the right mix for you; invaluable medico-legal expertise and efficient service delivery.

[still waiting] 12/9/2012 16:10

the price looks good.

must be £200K PBT so only 5 times earnings.

If this is the start we might be able to get some momentum going in the share price

[miss anne thrope] 12/9/2012 16:07

Is it dilutive?

[grlz] 12/9/2012 16:06

nice piece of business - looks like an exciting story is starting to emerge here.

[still waiting] 12/9/2012 14:15

TIDMIHUK

Impact Holdings (UK) plc

("Impact" or "the Company")

Heads of Agreement Signed to Acquire Medical Agency

Impact is pleased to announce it has signed Heads of Agreement and is in an
exclusivity period to purchase Medical Legal Appointments Limited and its
parent company DACH Limited subject to due diligence. The indicative purchase
price of approximately GBP1 million is expected to be satisfied by a mix of cash
and shares. Management accounts for the DACH Limited for the year ended 31
March 2012 show turnover of approximately GBP4.7 million and profit after tax of
approximately GBP165,000.

If the acquisition is successful it will allow Impact to accelerate its
strategic re-alignment into being a provider of services to the Legal sector.

Impact expects to be able to update the market on this acquisition within the
next eight weeks.

[bozzy_s] 28/8/2012 19:11

Good placing price earlier this month @ 3% below mid.

I have a funny feeling your long-awaited transformational news might be near SW. Just a hunch. If not, the share price isn't exactly overpriced on a 'keep everything as it is' basis.

I've not reinvested and don't plan to. Filled up with GDP shares over the psat 6 months which are even cheaper than these (imho).

Good luck fella. This has as I expected when I held, been a better bet than MTV for you.

[still waiting] 20/8/2012 17:11

legal practice acquisition can't be far off...

[grlz] 20/8/2012 10:27

news brewing if the share price is moving on nothing ;)

[highlyirrational] 14/8/2012 15:36

AYE

RIP

[still waiting] 14/8/2012 15:35

activity over for another year!!!

[highlyirrational] 13/8/2012 15:59

fingers crossed

[still waiting] 13/8/2012 15:59

a 2nd tick up...