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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Interbulk Grp | INB | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 8.875 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 8.875 | 8.875 |
| Top Posts |
|---|
Posted at 17/7/2014 10:31 by davydoo I am fascinated how small the shares in public hands are. I have only seen this previously when there was 1 or maybe 2 key holders, but here we have four major (industry related) investors.I speculated about Koert Van Wissen's holding and looking back I realised that previous director Bill Thomson had a declared holding approaching 2%. Again, whether he has retained those or not makes a big difference to the shares available. |
Posted at 10/2/2012 17:00 by glasshalfull Okay, I gave into temptation and bought a few. Only a few mind, force me to research further. Quite a few savvy investors here (you know who you are ;-) and they look good value. Regards GHF |
Posted at 23/6/2011 00:02 by rathkum FT articleChina's wonder for Aim seals global win By David Blackwell Published: June 22 2011 23:19 | Last updated: June 22 2011 23:19 This is globalisation in action, albeit on a minor scale. Sinotrans bulks up It is not unusual for a board "to believe that the current share price substantially undervalues the group", as was stated in InterBulk's interim results announcement last year. It is unusual for the board to add that "this view is reinforced by advice taken from professional advisers". But it is as rare as rocking horse manure to see a Chinese customer charge to the rescue by paying a premium of 184 per cent for a large stake. That is the astonishing deal concluded by InterBulk, the logistics company that arrived on Aim as a cash shell in 2004. It was built through three acquisitions in 2006 and 2007, when it raised more than £40m at 20p a share, but also took on a large amount of debt. By the middle of last month its shares were down to 3.875p, giving it a market capitalisation of about £12m. Net debt then stood at more than £100m, with the most expensive tranche carrying a bank interest margin of Libor plus 12 per cent. The company specialises in transporting minerals and hazardous chemicals through its fleet of 20,000 specialist containers. It has built a relationship with Sinotrans, the leading logistics provider in China, quoted in Hong Kong, but also effectively 58 per cent owned by the Chinese government. It has been transporting Chinese exports through its international network, but sees better growth in China's domestic market. Sinotrans has paid 11p a share to take a 35 per cent stake in InterBulk, injecting £18m into the company. The funds have been used to pay down some of the most expensive debt, which will reduce annualised interest payments by about £2.8m. Before the deal was completed last week, InterBulk reported a jump in pre-tax profits from £662,000 to £2.1m for the six months to March 31, on the back of a 16 per cent increase in revenues to £146.2m. Bringing Sinotrans on board has not only enabled the company to escape from its unfashionably high leverage, but also given it an enhanced ability to push for growth in China. Sinotrans will benefit from the company's 30 years of experience in transporting hazardous chemicals. It is a transformational deal that will provide Aim investors with yet another route into the Chinese economy. Copyright The Financial Times Limited 2011. You may share using our article tools. Please don't cut articles from FT.com and redistribute by email or post to the web. |
Posted at 20/5/2011 21:24 by broken_arrow This is another con merchant trying to pull fast on investor. Stay away from robbers. |
Posted at 11/3/2008 16:24 by rathkum Agree, very cheap stock. Market perhaps concerned about the gearing.I have been accumulating this stock from the recent lows. Once the market sees evidence of solid recovery at the interim stage, I can see the price running up fairly strongly.Also it was tipped in the Investors Chronicle a couple of weeks ago. |
Posted at 09/1/2007 09:14 by tuffbet JakNifeExcellent quote and one I would generally agree with. However sad it might be it is also true that most entrepreneurs ,especially those who make their wealth in the public co arena get there by taking advantage of others less fortunate or less gifted(just as our ancestors did when they built the British empire). In many respects its the Darwinian concept of survival of the fittest and as investors we all draw our own lines in the sand at different places in terms of what we find acceptable. Personally I have a fairly strict moral code but it doesn't extend to buying another company as cheaply as possible (if this is what Inverbulk stands accussed of - I have yet to get the time to find out what's behind the unhappiness of the posters on here). If there is much more to it than that then I am interested and that's why I asked the question. Looking for the pitfalls is for me at least as big a part of the investment process as trying to find the big positives - I try to follow the George Soros approach ie .. "I am not a security analyst. I would prefer to call myself an insecurity analyst" |
Posted at 07/2/2006 14:41 by davew28 hayg,not sure if you have e-mailed johnny yet be he is accumulating a list of Halewood disasters of which there appears to be a growing number. Don't know of many successes. For me they have not stated the risk of putting investors into high risk, highly illiquid stocks of which many of the samller AIM investments are. They can be highly lucrative but I do not know of any of these that have been tipped by Halewood. |
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