IQ Holding Share Discussion Threads

[sagem] 18/10/2010 11:28

up I hope as this new company has huge potential

[jister1] 18/10/2010 08:55

Should have some news by lunchtime. AGM starts at 10.00am and should be concluded within a couple of hours when we can expect a RNS with regards to the outcome. Good luck anyone who bought in on the chance of making a profit out of this one. Im still not sure if I will be up or down.

[sagem] 16/10/2010 08:16

EXPECTED ADMISSION DATE:

19 October 2010


For new company....... 1Spatial provider of products and services that enable clients to collect, audit, manage, modify and reuse geospatial (location based) data

WORTH LOOKING AT....WOW THIS COMPANY IS HUGE AND VERY INVOLVED
............... ALSO......................................................

IQ Holdings has seen its share price rocket so far today following the news that 1Spatial, the mapping technology company, may be about to launch a reverse takeover bid for the company. 1Spatial is looking for a means to expand their business further into Europe and IQ Holdings looks like being the most likely candidate. The news of a possible deal has seen their share price increase by 50% up to 0.12p per share.

europe next stop all looking good going forward

[jister1] 15/10/2010 22:02

lol.....informative

[sagem] 15/10/2010 16:54

Well we now waite for Monday AGM and see what me may learn that we dont already know. Anybody got any views on what we may hear ??

[jister1] 13/10/2010 12:55

Sagem:

once AGM is complete a RNS will be relased to confirm the outcome and any resouloutions passed. Monday should let us no where we stand.

[sagem] 13/10/2010 09:57

Now waiting for Monday 18th OCTOBER AGM might hear something interesting.........any body going is please report any news Thanks

[sagem] 09/10/2010 09:19

KNOWING YOUR COMPANY AND HISTORY.....ALL VERY INTERESTING

1Spatial goes public

Last Updated on Monday, 04 October 2010 07:54
Written by News Desk
Sunday, 03 October 2010 18:38

News - Technology

ShareThisCambridge geospatial data specialist, 1Spatial, is joining London's AIM market through a reverse takeover, subject to shareholder approval being given at a general meeting on October 18. The company is reversing into AIM-quoted shell IQ Holdings.

The new enterprise will be called 1Spatial Holdings. Based on a share price of 0.05p per existing IQ share at close of business on September 30, the offer values the entire issued share capital of 1Spatial at £9.54 million. Currently private, 1Spatial was established in 1969 as a spin-out from a Cambridge University research group. It has evolved into an industry-leading provider of geospatial supply chain solutions. These solutions are based on standards (such as W3C; ISO ITC/211 and OGC) and through the use of master data based on geometry deliver higher returns on investment for spatial data users.

The Cambridge Science Park company makes further use of the geometry to guarantee the quality of the data and to provide the basis for automating maintenance as real world changes are reflected in the data themselves. Geospatial data are increasingly found at the heart of business processes across a wide range of organisations, enabling delivery of government policy and citizen-centric services. It is most useful when it is accessible, easily shared and trusted. 1Spatial works with organisations throughout the world to unlock the real value of their investments in geospatial data.

Recent award winning solutions include the No.1 AIDU (Royal Air Force documents unit) and the Property Registration Authority, Ireland. 1Spatial has had significant success in the UK & Ireland, mainland Europe and Asia Pacific and the priority focus will remain on these territories.

The current directors of 1Spatial – Nic Snape, Dr Mike Sanderson, Peter Bullock, Duncan Guthrie, and Steve Berry – will replace IQ's David Marks, Russell Darvill and Julian Green on completion of the deal. Marcus Hanke, CEO at Avisen plc and a non-exec director 1Spatial, will also be appointed to the board as an independent non-executive director.

David Marks, chairman of IQ Holdings, said: "We have been looking at potential acquisition candidates for some time and we believe 1Spatial offers our shareholders a significant opportunity. "1Spatial's management has a wealth of experience within the data sector and has steadily grown the business, both organically and through acquisition. The company has a proven financial track record and a solid business model which we believe offers considerable growth potential."

IQ completed the disposal of its two remaining trading businesses, Rosslyn Research Limited and Viewpoint Field Services Limited, on February 1. That effectively rendered it a cash shell and an investment company under AIM rules. It was then required to make an acquisition or have its shares suspended.

[sagem] 09/10/2010 09:08

WELL THIS COMPANY LOOKS LIKE A REASL WINNER

BY PROACTIVE INVESTOR

IQ Holdings (LON:IQH) shares jumped after it announced plans to acquire geo-data specialist 1Spatial Group, through a reverse takeover.

The reverse takeover sees 1Spatial take control of the business which has effectively been a cash shell since it sold its assets in February and conducted a small fund raising in April.

The deal gives IQ Holdings a new business strategy, a portfolio of products and an existing client base which includes Ordnance Survey, Environment Agency, Cable and Wireless, Royal Air Force, and The Scottish Government.

Proactiveinvestors recommends
Fusion IP: commercialising the next big thingWestminster Group wins contract extension for securing Juba Airport in Southern SudanDragon Oil: solid balance sheet underpins increasing profile in London"1Spatial's management has a wealth of experience within the data sector and has steadily grown the business, both organically and through acquisition," IQ chairman David Marks said.

"The company has a proven financial track record and a solid business model which we believe offers considerable growth potential."


Register here to be notified of future IQ Holdings Plc articles.

[sagem] 09/10/2010 09:04

mentioned in uk city media

IQ Holdings has seen its share price rocket so far today following the news that 1Spatial, the mapping technology company, may be about to launch a reverse takeover bid for the company. 1Spatial is looking for a means to expand their business further into Europe and IQ Holdings looks like being the most likely candidate. The news of a possible deal has seen their share price increase by 50% up to 0.12p per share.

[sagem] 06/10/2010 06:47

Can anybody explain the consolidation in layman's language...PLEASE

[jister1] 05/10/2010 21:43

Shares in IQ rose by 60% to 0.08p each. That would value the enlarged group at £15.3m.

A consolidation of 1,000 existing IQ shares into one new share is planned. An all-share offer of 16.345 consolidated IQ shares for each 1Spatial share will give 1Spatial's 29 shareholders 90% of the enlarged group. These shareholders are also getting a combined dividend of nearly £200,000 from 1Spatial.

[jister1] 05/10/2010 19:56

I thought it would work out a 1000:1 regardless of share price on consolidation?

Price after consolidation is 12p for arguments sake

and you own 1000000 shares / 1000 = 10,000 after consolidation you would be sitting on £1200

If price after consolidation is deemed to be 14p you still have the same amount of shares but will be in profit £1400 with the same amount of shares?

If that is the case after consolidation you could actualy be in profit depending on the price after consolidation or ofcourse you could be nursing a loss if it ended up around the 9p mark?

I might be wrong...so don't worry but it's how I thought this would be played out?

[sagem] 05/10/2010 19:16

Jister1.... I sold some today and made a profit, bought back same amount. I have decided to hold my complete holding and into the new regime as I feel that the company has huge potential going forward which will be reflected in the share price, although a consolidation is to take place our cash amount should remain the same higher share price less shares same amount of cash originally invested......fingers crossed all works in our favour. Good luck

[jister1] 05/10/2010 18:59

Sagem:

Where do you see this before the take over is complete? do you intend to hold into the new regime or sell before hand?

[sagem] 05/10/2010 15:53

0.00093p are all buys and not sells as shown....I HAVE JUST BOUGHT AND IT IS SHOWN ON TGHE ADVFN MONITOR AS A SELL. So lots of buys and big volume speaks well foer the new company and future prospects....get in now while you can at such a cheap price

[jister1] 05/10/2010 15:17

The fact that this is still a shell co just now, can we expect a higher price once voted through at the AG on the 18th of October? i think we should as right now anyone buying this is at risk of the deal not going through? imo

any thoughts?

I got in @ 00.08p this morning and thought that was a decent price to get in....if not I am willing to hold as the new co looks like it will come good anyway.

[sagem] 05/10/2010 09:47

Is this now a good buying opportunity at this share price today as it has drifted down a bit

[ukmassy] 05/10/2010 07:55

I think it's a 1000:1 consolidation.

[jonno1] 05/10/2010 07:44

what about the 100:1 consolidation...?

[anointedone] 04/10/2010 20:37

If the new co. is valued at £10m - with 1.7Bn shares in issue this should equate to 0.6p i.e (6 tenths of 1p).

The current price is 0.12 surely gives 400% upside.
I think closer we get to the 18th hopefully the price will reflect this.
We're still only a shell at this stage.

Any thoughts?

[ukmassy] 04/10/2010 14:57

I bought in at 0.925 today. Does anyone think I will do OK within the next few months?

[sagem] 04/10/2010 14:47

you should be no worse of after consolidation