Inion Oy Share Discussion Threads

[rarther] 21/10/2003 12:34

Ample is working okay for me - not that I would ever want to use it.

The quality of posts there is a abysmal. Too much "fillyerboots" trading with no research.

AFN is the only place to be!

[maywillow] 21/10/2003 12:09

Very Good. Wouldn't be without it.

[rambutan2] 21/10/2003 12:07

cheeky! but advfn wins hands down on everything (especially reliability!) but the portfolio facility, amples is far superior and worth copying. now, if you could do a similar version id have no reason ever to call in at ample.

regards
rambutan

[clem] 21/10/2003 11:57

Welcome Ample Users.

Hi there and welcome to ADVFN.

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We have FREE real time prices, trades, RNS and the biggest liveliest bulletin boards in the UK.

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[calleva] 10/8/2001 16:14

31.65P

RNS Number:3627I
AMP (UK) PLC
10 August 2001

10 August 2001

This announcement is not for release, publication or distribution in or into
the United States, Canada, Australia, Japan, or the Republic of Ireland



RECOMMENDED CASH OFFER

by

AMP (UK) Investment Services Limited (the "Offeror"),

a wholly owned subsidiary of AMP Limited ("AMP")

for

Interactive Investor International plc ("Interactive Investor")



OFFER DECLARED WHOLLY UNCONDITIONAL



The board of the Offeror announces that the Offer for Interactive Investor has
been declared wholly unconditional. As at 1.00 p.m. on 10 August 2001, valid
acceptances of the Offer had been received in respect of a total of
148,116,420 Interactive Investor Shares, representing approximately 83.84 per
cent in nominal value of the Interactive Investor Shares to which the Offer
relates and approximately 88.85 per cent in nominal value of the current
existing issued share capital of Interactive Investor.

As at close of business on 9 August 2001, the Cash Reserves of Interactive
Investor were approximately #49.26 million. In accordance with the basis of
calculation of the Additional Consideration set out in the Offer Document, the
maximum Additional Consideration of 1.65 pence per share will be payable.

Accepting shareholders will therefore receive a total of 31.65 pence in cash
for each Interactive Investor Share.

On this basis, the Offer values the existing issued and to be issued share
capital of Interactive Investor, assuming the exercise of all options to
acquire Interactive Investor Shares with exercise prices at or below 31.65
pence, at approximately #55 million.

The Offer, which is now declared wholly unconditional, will remain open for
acceptances until further notice in respect of all Interactive Investor Shares
currently in issue and any further Interactive Investor Shares unconditionally
allotted or issued, (whether as a result of the exercise of options under the
Interactive Investor Share Option Scheme, or otherwise) on or before 5.00 p.m.
on 31 August 2001. However, the Offer is not being extended to any
Interactive Investor Shares which have not been unconditionally allotted or
issued by 5.00 p.m. on 31 August 2001. Interactive Investor Shareholders who
have not yet accepted the Offer and wish to do so should complete and return
their Forms of Acceptance as soon as possible. If any Interactive Investor
Shareholders require another Form of Acceptance they should contact
Computershare Investor Services PLC on 0870 8893106.

The consideration payable to Interactive Investor Shareholders will be
dispatched within 14 days of today's date in respect of acceptances received
by that date which are valid and complete in all respects, and within 14 days
of the date of receipt in respect of any further acceptances which are
received after today's date and which are valid and complete in all respects.

[i rely on balls] 22/7/2001 23:38

AMP(Australian Mutual & Provident) took over a good old reliable and honest British Company, PEARL ASSURANCE a few years ago, and turned them into pensions rip-off merchants.
It's unlikely any of their customers will ever get, or have got, adequate compensation, thru the FSA/PIA, only they don't know it yet.
When they do find out it will be too late of course, as they will already have retired, they know this, and this is how the best con-men operate.

[dobbin1] 22/7/2001 21:45

Just Say NO

[minkob] 22/7/2001 19:21

I will also be voting against. What a bunch of bloody conmen.

[stewjames] 05/7/2001 08:43

Still whinging, Bob?

Would you rather they'd waited a couple of years, allowed III to burn a further substantial % of its cash pile, then picked the company up for under half the price?

[bobsims] 03/7/2001 20:47

Thanks for that Maxk. I have an Email by now I expect.

So it rather looks as though we have been stuck up - again.

Well there's a bloody surprise !

What is bloody sickening is that Sherry Coutu is going to walk away with £7m - whilst the majority of shareholders will be looking at big losses.

Well there's another bloody surprise !

Its time somebody sorted this system out to put a stop to this sort of hold up in which the small shareholder gets ripped of - time, after time, after time, after bloody time.

[bobsims] 03/7/2001 15:08

Sorry, Aquila, you've lost me ?

Kayak,

Go and die somewhere. :o)

All,

Does anybody know with a reasonable degree of certainty what the offer is ?

[chrisgordon] 03/7/2001 14:01

justin

Yes, my pension at NPI - performance has been rubbish since AMP took over!

CG

[kayak] 03/7/2001 12:39

I thought that the two years cutoff was being lowered, EU harmonisation and all that? (cue bobsims)

[justin de shed] 03/7/2001 11:46

Ah yes, AMP, ar'nt they the company that were at the centre of the pensions mis-selling scandal a few years ago.

[britishbear] 03/7/2001 11:36

Does this mean I will get AMP shares in place of my IIN shares or will I get cash (enough for a taxi home at current levels).

I suppose it is the best on offer unless a counter bid comes through. Consolidation in this sector has begun. There might be some other tasty treats around to snap up now and wait for the takeover.

Any share at a discount to cash is a likely candidate and there are plenty of them.

[aquila] 02/7/2001 23:59

errrrr, bobsims, YOUR cash....... maybe! ;)

[dinerclub] 02/7/2001 23:56

You win some .....you loose some.Share buying is NOT A ONE WAY BET.
If you were in at the start you could have sold at around £4.You didn't because yoy got GREEDY!

[bones] 02/7/2001 21:07

It is true that redundancies are a big cost! Having said that, most of the IIN employees will not have been there two years which I think lowers the obligations of the employer a little.

Bones

[stewjames] 02/7/2001 15:28

Of course you're right. But how much is it going to cost to make all those staff redundant and move offices?

Just as there are hidden assets, there are hidden liabilities and in my view IIN has plenty of those.

[bobsims] 02/7/2001 15:15

Hmm..

When you are losing money there is a very simple solution. Stop spending it.

I don't see why they need an expensive office in Holborn - and I don't see why they need 120 staff when ADVFN can do the same job with 21.

I would define "liability" as being debt. And I don't think they have any of that.

5% on £50m would produce £2.5 - without looking it up - let's say income is circa £1m

If you can't run a bloody web site on £3.5m p.a - then why not ?