Impact Holdings Share Discussion Threads

[craftyspeculator] 30/12/2010 00:41

is there any risk of bad debts lurking among the £12mn of trade receivables, which could cause knock on problems for them, given the bank debts which fund most of this? Am cautious of how quickly lending can go horribly wrong, even among "no brainer" lending situations?

[salsar] 29/12/2010 23:41

Still,

Impact also give out loans to those who have probates, i.e. to acquire grant of probate (which is low risk) and very profitable. Good business opportunity here.

[still waiting] 29/12/2010 23:40

AND from the last results RNS:-

We continue to see further progress in our core businesses but continue to look
for alternative income streams to enhance our profitability

[salsar] 29/12/2010 23:32

Thanks Still Waiting

[still waiting] 29/12/2010 23:30

Impact Holdings (UK) plc

("IHUK" or "the Group")

Holdings in Company

The Company has been notified by two key shareholders, Mr Bruce Judge and Mr
Greg Litster, that they have increased their shareholdings in the Group.
Following the purchase of shares Mr Judge now holds 198,250 ordinary shares in
the Group, representing approximately 8.92% of the issued share capital and Mr
Litster now holds 144,000 ordinary shares representing approximately 6.47% of
the issued share capital.

note the emphasis on "key", the market hasn't woken up to what is about to happen here.

[still waiting] 29/12/2010 23:30

see October RNS...

they are working on a deal to transform this imho...

[salsar] 29/12/2010 23:27

Still Waiting, are these 2 buying into IHUK? How do you know? TIA

[still waiting] 29/12/2010 23:25

and here's Greg Litster



both big hitters from over there buying into a tiny legal funding micro-cap on AIM???

the clues for changes about to happen are there.

DrB, follow the links.

[still waiting] 29/12/2010 23:13

following the bruce judge history and links you get to these:

seem familiar:-

[still waiting] 29/12/2010 22:18

mm's oblidged to deal at quoted price for nms.

you should get filled if you break your order up.

shows you where it's heading though, share price is fully supported by cash at these levels so risk is lower.

if Bruce has a deal lined up we'll be looking at £'s not p's imho.

[drbrownhatter] 29/12/2010 22:06

This stock is far too illiquid to bother with.

I wanted £5000 (thats 5,000 UK £) worth today and was quoted 86p YES 86p when the spread was 72-75p

Waste of time.

Trying to sell would be an absolute nightmare.

Stay clear.

[still waiting] 29/12/2010 18:12

yes,


new property venture entity set up,

80's corporate raider increasing his stake.

a market cap of 1/4 of net asset value

new lending lines agreed

profits £330-£500K p a expected

options re issued

results due imminently.

plenty to look forward to here, fireworks just about to start for this micro-cap...

another PMG/Tom Cross brewing perhaps.

[grlz] 29/12/2010 16:12

still - should be some good news going forwards as IHUK has created a new property division on the 28th Sept 2010 "IMPACT PROPERTY MANAGEMENT LIMITED" Company No. 07390556

From companieshouse.gov.uk records it already has its bank facility's in place (24/11/10) so must now be fully operational.

interesting times ahead as it looks like IHUK is continuing to expand its business base

[still waiting] 29/12/2010 16:04

Im expecting corporate news with a massive rerating when the results come and am adding.

[still waiting] 29/12/2010 16:02

Big Kev's Australian-made cleaning products have failed to find a wide market since its 2001 float and are not expected to feature prominently in the company's future, the SMH reported.

Mr Judge plans to remove Big Kev's name and change its business from stain removal to niche lending.

Mr Judge was philosophical about his past.

"It's one of those experiences I've learned a lot from and prepares me better for what I've got ahead of me," he said.

A former New Zealand hockey Olympian, he was one of Sir Ron Brierley's acolytes in the halcyon days of Brierley Investments in the 1970s.

In 1979, Mr Judge and foremer BIL chief executive Paul Collins decided they could do better that Sir Ron, leaving the company to to set up a small investment company. Financed by Cyril Smith, a wealthy Christchurch timber merchant, Mr Judge and Mr Collins used the magic they'd learned from Sir Ron: buying assets, improving them or breaking them up, and flicking them on for profit.

The took over listed company broom and brush company Bunting - a not dissimilar company to Big Kev's - which became their investment vehicle.

Buntings bought shares in building products companies Odlins and Winstones but after creating a mini-rival to BIL they accepted a friendly takeover in late 1982 from Sir Ron and returned to the fold. Soon after, Mr Judge departed to set up another investment company, Ariadne and later Judge Corp.

[still waiting] 29/12/2010 16:00

stock in firm hands awaiting news now.

will pop very shortly as future plans are revealed.

[salsar] 29/12/2010 15:59

managed to buy at 74.50p, you can only buy the last 1k at 74.50p

[still waiting] 29/12/2010 15:56

just scap left at .75. then wins at .82p

[grlz] 29/12/2010 15:55

..also aussie corporate raider Bruce Judge being a major shareholder is interesting - he must be stalking this undervalued, profitable finance company for a reason?

[still waiting] 29/12/2010 15:54

far too many people end up chasing a stock after its already done 100% or so.

with cash way in excess of m. cap this is well backed without the potential for corporate activity of special divi.

[still waiting] 29/12/2010 15:52

may try for a few more tomorrow.

[grlz] 29/12/2010 15:52

still - I agree with you £1 looks like a realistic near-term goal