Integrafin Share Discussion Threads

[moreforus] 28/9/2011 14:46

1 mill buy

[mike_f] 26/9/2011 11:29

No problem. ATB

[touchingskies] 26/9/2011 08:59

Thanks Mike - and for your regular inputs into this thread.

[mike_f] 26/9/2011 07:00

Hi TouchingSkies, You are not wrong in the fact that dilution has happened over the last couple of years pretty much like clockwork, however just last month the company showed that it is now making a profit (2010: £1,043,000 loss!) and that they reduced the current liabilities by £974,000 to £809,000. A significant sum! When the company made the most recent placing it was to be used to continue the Company's acquisition policy and there was no mention of working capital needed. If the company continues to make a profit I do not think there will be any more need for placing's for general working capital and the company can become self sufficient IMHO.

[touchingskies] 26/9/2011 06:48

On watchlist. Their last financial figures show a net balance of £39K, thus continued emphasis on acquisitions, whilst the general market sentiment holds back Pixel sales will lead to further dilution of 100+ million of shares as has happened annually since 2009...or am I wrong?

[mike_f] 26/9/2011 06:28

AGM Statement 2011 and Board Changes The Annual General Meeting of Intellego Holdings plc, the AIM traded must have digital learning business, will be held today. At the Meeting the Chairman, Angus Forrest, will make the following statement: "I am pleased to update you on the Company's progress. The previously announced plan to increase the emphasis on owning and creating its own intellectual property has advanced with the acquisition of PIXELearning Ltd (Pixel) in May 2011. The aim is to raise gross margins and generate more revenues and recurring income. In the past four months the balance sheet has been strengthened as a result of injections of capital and the administration of Intellego Group Ltd. Board Changes The critical feature of any business is its management, and today we announce a number of changes. Through the acquisition of Pixel, we were joined by Andy Hasoon who has 19 years' experience of the learning industry and who will take on the role of CEO with immediate effect. Andy Hasoon said "I am looking forward to growing sales, focusing investment in marketing, developing distribution channels and strengthening our sales force in order to expand the customer base and increase the sales per customer. In addition to seeking expanding our product portfolio, we have been evaluating several other acquisitions and expect to make announcements in the next quarter." Other changes are as follows: Bruce Leith reverts to his role as non-executive Director. Robert Murphy has resigned as Finance Director and Company Secretary to pursue his other business interests. The Board of Intellego thanks Robert for his contribution to the Company over the past two years during the transition stage as Intellego evolves from a distributor to a publisher and for the notable achievement of substantially improving the balance sheet. The interim Finance Director, a non-Board appointment, is Derek Watson FCA. I remain as Chairman. Business update The business is being developed through three complementary services: 1. Gap analysis tools and content delivery systems 2. Learning Content 3. Assessment tools Pixel has been fully integrated creating new opportunities to incorporate the latest in serious games functionality into our product offerings. Whilst we are creating an increasing number of high value opportunities, the general economic uncertainty has caused delays in customer decisions and sales have been lower than anticipated. Outlook The main emphasis is on growing sales and we are focussing investment in marketing, developing distribution channels and strengthening our sales force in order to expand the customer base and increase the sales per customer. In addition to seeking complementary library acquisitions, we have been evaluating several other acquisitions and expect to make announcements in the next quarter." So we should hear about the next acquisition before Xmas.

[mike_f] 22/9/2011 12:38

Major shareholders also updated.

[mike_f] 22/9/2011 11:44

Added these associated companies to the header: http://www.milamberinvestments.com/ http://www.pixelearning.com/ http://f1seriousgames.com/

[mike_f] 22/9/2011 07:03

I agree it is not easy to make anything at the mo but hoping if get get a good update we get a small flurry of buys, after all that's all this stock needs to rise 30-40%

[moreforus] 22/9/2011 06:47

yes i hope so but the general markets are so dire at the moment - the market "knows" this is making a profit ...= to 25% of the market cap....it shouldnt be going down...but we are getting forced/bored sellers chasing faster names... i cannot see sanity returning to the markets for a long time... if they made 150k gbp last year..and they are significantly up on that in h1 then we might be on a p/e of 1 or 2...

[mike_f] 22/9/2011 06:44

I know more4 but it can't do any more damage atm lol You aware of the AGM next week? Should get a little update then...

[mike_f] 22/9/2011 06:43

http://www.24-7pressrelease.com/press-release/university-of-east-london-shortlisted-by-elearning-awards-for-toolwire-learnscapes-235014.php

[moreforus] 22/9/2011 06:42

Mike F .. what did we say about posting excellent positive research...(-;

[mike_f] 22/9/2011 06:40

http://bcb.lmno.co.uk/component/content/article/53-extra-curricular/156-enterprise-challenge-winners-for-2011

[mike_f] 21/9/2011 14:14

Bought myself another 381k :) No brainer at this price IMHO.

[mike_f] 21/9/2011 08:54

AGM next week. Last year contained an update. Hoping we see the same again.

[moreforus] 19/9/2011 09:14

1 mill buy...defensive raising of public offer

[mike_f] 14/9/2011 15:00

WINS just joined PEEL on bid again, now 2v1 .18-.2p

[mike_f] 14/9/2011 14:53

Interims were released on the 26th October last year so we don't have long to wait for them really lol

[moreforus] 14/9/2011 14:42

as long as there is an odd upward movement to 0.50p fair value i will be quite happy

[mike_f] 14/9/2011 14:39

Very odd movements today!

[mike_f] 14/9/2011 12:58

Wan't full ask for 500k online so limits not really changed...

[moreforus] 14/9/2011 12:52

being manipulated now

[mike_f] 14/9/2011 12:51

How is it down now!? Can't see a sell...