IQ Holding Share Discussion Threads

[sagem] 09/1/2010 10:51

Brought to you by UK-AnaIyst.com Friday, 8 January, 2010 4:48 PM

IQ Holdings – A Bit Embarrassing

This is a bit embarrassing. We liked this market research company as an investment and backed it fairly heavily – mostly at 0.1p. We also bought up a few loan notes yielding 10% for the Growth Fund. In fact we liked the company so much that RSH, our parent company, tabled an offer for the entire group – well for its two operating assets.

The net result is that – if shareholders vote the right way (and we shall not be voting) the SF t1ps Growth Fund will end up owning loan notes in our parent company (still yielding 10%) and also shares in RSH. We will also own shares in what remains of IQ – that is a tiny AIM listed shell. We hope something will happen with the shell but 95% of the value will be in the RSH shares. Since Tom is CEO of RSH all decisions on what to do with these shares will be made by RSS. We all think that RSH is also undervalued so right now there is no compelling rush to sell the shares although given that RSH has historically had cash we would expect it to cancel those loan notes pretty soon which – for the fund – is a shame as the 10% coupon was nice while it lasted!

We do not like owning shares in our parent company just because it feels uncomfortable. But we do like owning the shares because we think they will head sharply higher over the next few years. What to do? It is a bit embarrassing but we will not be rushed into selling by inevitable Bulletin Board criticism. Our duty is to make money for you and that will not be achieved by selling at any price.

[sagem] 08/1/2010 16:04

I BOIUGHT A LOT MORE TODAY IQ HOLDINGS

24 December 2009

Rivington Street Holdings* - Acquisition

The financial media and services firm Rivington Street Holdings (the owner of this website) is to acquire Viewpoint Field Services and Rosslyn Research, the operating subsidiaries of AIM-listed IQ Holdings. Rivington is paying for the deal with approximately 5.2 million new shares (worth £1.534 million at the current market price) and is taking on £1.8 million of the two companies' liabilities. The deal is expected to complete in January.

Rosslyn Research, acquired by IQ in November 2007 is a specialist market research, opinion polling and business and management consultancy. For the 12 months to 30th September 2008 the business posted revenues of £517,385 and a pre-tax loss of £116,807. Unaudited management figures for the year to September 2009 show revenues down to £508,240 but a pre-tax profit of £45,388.

Viewpoint Field Services is made up of two divisions: Viewpoint Field and Viewpoint Studios. Viewpoint Field is a field force recruitment company, acquired by IQ in January this year, which specialises in organising focus groups. Viewpoint Studios has two locations near central London which provide market research facilities. Unaudited figures provided in January 2009 show Viewpoint posting revenues of £3,450,000 for the 12 months to 29th February 2008 and a pre-tax profit of £393,000. Unaudited management figures for the 8 months to September 2009, the period under ownership of IQ, show turnover of £1,663,398 and a pre-tax profit of £41,311.

Rivington Street Holdings posted revenues of £,1,899,519 in the six months to 28th February 2009 and EBITDA of £236,581. The interim statement included a contribution of just three months from the newly acquired subsidiaries Commodity Watch and Oilbarrel.com and no contribution at all from the acquisition of stockbroker JP Jenkins Limited which was announced on 10th March 2009. The company will release results for the year to August 2009 in January.

The deal is expected to deliver a number of synergies. In particular these will focus on property and plc costs, which will start to be implemented in the New Year. It should also double the size of the business in terms of revenue and staff.

Due to the relationship between this website and Rivington Street Holdings we can not offer an investment recommendation.

* The t1ps Smaller Companies Growth Fund, managed by a subsidiary of Rivington Street Holdings, owns shares in IQ Holdings. IQ Holdings is a corporate client of Rivington Street Holdings

[discoverytim] 08/1/2010 14:28

I'm in, let see how this goes over the next few months.

[pelleeds1980] 07/1/2010 07:11

Could be the next DEO?!

[sagem] 07/1/2010 06:59

IQ Holdings to become cash shell
Business Financial Newswire
IQ Holdings has agreed to dispose of Viewpoint Field Services and Rosslyn Research to Rivington Street Holdings in return for 5.2m RSH shares and the assignment of £1.8m in liabilities.

Following the planned disposal, IQ will have no remaining trading business and its principal asset will be its RSH holding. The majority of the RSH shares will be distributed to IQ shareholders with the company retaining a £50,000 holding.

IQ will then become an investing company under AIM rules, with a proposed strategy focusing on the real estate, manufacturing or marketing sectors.
//////////////////////////////////////////////////////////////////////////


WE NOW WAITE FOR A TAKEOVER BY IQH OF A COMANYOR COMPANIES IN real estate, manufacturing or marketing sectors

[waleriuszwatrobka] 06/1/2010 22:58

...sooner or later will be a subject to p&d ;-)

[5dally] 06/1/2010 15:39

Was going to ask the same question sagem

[sagem] 06/1/2010 15:37

So whats going to happen here

[pelleeds1980] 06/1/2010 13:14

Issuing equity at 0.2p

[waleriuszwatrobka] 03/1/2010 10:35

...they will be waiting for RTO till delisting which will happened sooner then later, nothing more, nothing less.

[sagem] 03/1/2010 08:05

IQ will then become an investing company under AIM rules, with a proposed strategy focusing on the real estate, manufacturing or marketing sectors.

So I presume IQH will be buying or taking over one or two companies if they can find what they are looking for.

When will we get further news??


The identity and percentage holding of significant shareholders:
Name Number Shares Percentage

Julian Green 180,629,478 14.32%
Illuminas & Media Square 300,000,000 23.78%
VP Bank Luxembourg 161,712,500 12.82%
First Equity Limited 105,000,000 8.32%
Gale Blears 50,000,000 3.96%

[cindaraa] 01/1/2010 16:10

I did some calculations how much is worth each share we receive comes to 0.04 of RSH share which is in value 0.12p but absolutely free and the details are as follows,
In receipt of RSH shares= 5,200,000
Company wants to keep = 160,000
total available for share holders =5,040,000
IQH shares in issue =1,251,000,000

one IQH share is equvalent =5040000/1251000000=504/125100=0.004 RSH=0.004x30p=0.12p
if you have 1,000,000 shares then you will get 0.004x1,000,000=4,000 RSH shares which is equal to £1200 (making your share holding double in IQH)

[sagem] 31/12/2009 16:28

IQ Holdings to become cash shell


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24 December 2009 @ 11:10 am BSTNext Markets Article IQ Holdings has agreed to dispose of Viewpoint Field Services and Rosslyn Research to Rivington Street Holdings in return for 5.2m RSH shares and the assignment of 1.8m in liabilities.


Following the planned disposal, IQ will have no remaining trading business and its principal asset will be its RSH holding. The majority of the RSH shares will be distributed to IQ shareholders with the company retaining a 50,000 holding.

IQ will then become an investing company under AIM rules, with a proposed strategy focusing on the real estate, manufacturing or marketing sectors.


Story provided by Business Financial Newswire

[sagem] 31/12/2009 16:24

TIDMIQH

RNS Number : 9000E
IQ Holdings plc
31 December 2009

?


31 December 2009






IQ Holdings plc
('IQ Holdings' or the 'Company')


AIM: IQH


Director's Shareholdings




IQ Holdings has today been advised that on 24 December 2009 Mr Julian Green, a
Director of the Company, sold 24,500,000 Ordinary Shares of 0.01p at a price
of 0.1 pence per share and that the same number of shares were purchased at 0.1
pence per share for inclusion in Mr Green's SIPP.


Mr Green's interest in the Company therefore remains at 180,629,478 Ordinary
Shares which represents
14.3% of the issued share capital and voting rights.




-ENDS-




Enquiries


Julian Green
IQ Holdings plc
Tel: [phone]
Website:
www.iqholdings.co.uk


Gemma O'Hara
Bishopsgate Communications Ltd
Tel: [phone]
Email: [e-mail]


Gerry Beaney / Fiona Kindness
Grant Thornton Corporate Finance (Nomad)
Tel: [phone]




This information is provided by RNS
The company news service from the London Stock Exchange
END

RDSUAOARKSRUOAA

[sagem] 30/12/2009 08:04

What is going to happen today I wonder ??

[sagem] 29/12/2009 16:11

anybody really know just what is happening....is it a takeover situation ??

THIS IS WHO THEY ARE ;-

IQ Holdings Overview
IQ Holdings Plc, based in London, was established in August 2004 to act as a holding company for IQ Research Limited ("IQR") and its subsidiaries ASKIQ Limited and IQMAX Limited. IQR was itself established in 1998 by the present CEO Julian Green. IQR is an international business research consultancy specialising in providing competitive intelligence, new market entry, client /customer retention, customer satisfaction services and commercial due diligence to a wide range of organisations including several of the UK"s Clearing Banks, accountancy firms and multi national businesses.

[maxmarilli] 29/12/2009 12:34

so 0.14p is fair price?

[5dally] 29/12/2009 12:26

Interesting move today :-)

[cindaraa] 29/12/2009 12:22

IT IS A CASH SHELL NOW AFTER SELLING ITS BUSINESS TO RIVINGTON STREET HOLDING FOR 5200000 SHARES IN RSH. IT IS GOING TO DISTRIBUTE RSH SHARES AMONG SHARE HOLDERS AFTER KEEPING £50000 WORTH OF SHARES(5200000 IS WORTH ABOUT £1800000.00 IN VALUE).FUTURE LOOKS ROSY---RSH IS GOING TO GIVE £50000 CASH FOR WORKING CAPITAL.

[maxmarilli] 29/12/2009 12:08

Big question is :Why and who bought 4.4 millions?

[maxmarilli] 29/12/2009 12:01

It doesn`t rise many times...but when it does....

[camlor2] 29/12/2009 12:00

Nice to see a rise for a change.

[maxmarilli] 29/12/2009 11:59

Looks like is heading for 100%....we will find out soon,why....