Resources In Insurance Group Share Discussion Threads

[nevgroom] 06/4/2011 09:33

I just noticed that sell limit too (on Selftrade) - Looking healthy ;-)

[dicko80] 06/4/2011 09:28

mm's struggling....

can sell 3million online @ 0.83

buy only 50k @ 0.88

[dicko80] 06/4/2011 08:17

early tick up

[davidlloyd] 05/4/2011 15:34

Well - something has to explain the keeness to purchase and the increase in volume of late.

DL

[matty28] 05/4/2011 15:12

Still not sure about end of april for the 2010 still, do hope so though!!
Looked on the website and Preliminary results 2009 were published 9th April 2010 so yup next week sound about right. Do you think they can pull it out of the bag for friday the 8th or monday the 11th? time will tell i guess. thanks, matt

As i wrote that a 200k buy went through at 0.85?! way above the spread 0.75-0.8 either the worst broker ever! or they are seriously short of shares like you suggested, looking good =).

[davidlloyd] 05/4/2011 14:38

Shhhh - no need to shout - I would like to see a nice slow steady rise here (which seems at last to be happening) rather than another quick spike (and drop) brought about by the day traders......

DL

[dicko80] 05/4/2011 14:04

TICKING UP ;-)

[dicko80] 05/4/2011 12:25

Partner,

did u manage to buy in ??

[dicko80] 05/4/2011 10:05

can sell 2 million online @ 0.72

buy only 35,617 @ 0.75

[partner] 05/4/2011 09:37

Try getting quote for size,online only 35617 offered.will pay 73 for 1.5m.

[dicko80] 05/4/2011 07:52

"We have even had one or two people knock on the door with a view to taking us over but we have turned them down flat because this is going to be worth a lot more money."

[dicko80] 04/4/2011 14:37

trading update for 2011 due this week or next....

"I'm hoping to put out some positive trading updates towards the end of March, early April and our results will be out during April, which will be the last of the loss making years, with significantly reduced losses.

I think the first quarter is going to be very impressive. "

[dicko80] 04/4/2011 14:26

John French, Chairman....Turnaround specialist

With nearly 50 years of experience on hand to guide the management teams he works with, French is a man well versed and well supported when it comes to picking winners.

Among his highest profile projects of the past, French has been involved with quoted companies including Air Music & Media (now MBL (LON:MUBL)), Croma (LON:CMG) and Avanti Screenmedia.

In two and a half years, French has streamlined the service offering and focused on core products for insurers.

The company's flagship i-Team service offers in-sourced and outsourced claims handling solutions to insurance companies to help them deal with periods when they are under-resourced either because of staff shortages, backlogs of unexpected claims surges.

A new service called Verify takes that support a stage further by providing outsourced field investigation services to check the validity of insurance claims.

Finally, its latest offering is called Surety, which is a credit hire service that provides independent auditing and training services to motor insurance groups.

Having crystallised the Resources in Insurance service offering, cleared its debt and brought in high profile investment support from the likes of Rob Mitchell at Bluehone Investors and serial investor Bob Morton, the irrepressible French is clearly a happy man.

He believes that 2010 will be the last of the loss-making years and that the company is now back on its feet and ready to grow.

"Until recently I have had one eye looking behind me and one in front, I'm now both eyes going forward. I've done the job, it's a smashing business and it's going somewhere.

I'm hoping to put out some positive trading updates towards the end of March, early April and our results will be out during April, which will be the last of the loss making years, with significantly reduced losses.

I think the first quarter is going to be very impressive.

We have even had one or two people knock on the door with a view to taking us over but we have turned them down flat because this is going to be worth a lot more money."

............................

To back up the above statements...

SF T1ps Smaller Companies Growth Fund added a further 8.7million

25 January 2011...

45,283,760 ordinary shares of 0.1 pence each representing 14.26% of the current issued share capital of RiIG.

31 March 2011

SF T1ps Smaller Companies Growth Fund has increased its notifiable interest in the Company to 53,983,760 ordinary shares of 0.1 pence representing approximately 17.0 per cent. of the Company's issued share capital.

Current mkt cap £2.31m @ 0.725p

[matty28] 31/3/2011 16:19

haha true david wonder why it took them soo long to release that news, bizzare.

[davidlloyd] 31/3/2011 15:09

No it would seem (!) Except of course that this was for 4th March, and the price action of interest (to me) is after this.....

DL

[matty28] 31/3/2011 10:34

TIDMRIIG

RNS Number : 9477D

Resources In Insurance Group PLC

31 March 2011

31 March 2011

RESOURCES IN INSURANCE GROUP PLC

("RiIG" or the "Group")

Notification of substantial shareholding

The Board of Resources in Insurance Group plc (the "Board") was notified yesterday that on 4 March 2011 SF T1ps Smaller Companies Growth Fund has increased its notifiable interest in the Company to 53,983,760 ordinary shares of 0.1 pence representing approximately 17.0 per cent. of the Company's issued share capital.

ENQUIRIES:

Resources in Insurance Group plc

John French, Executive Chairman Mobile: [phone]

Allenby Capital Ltd - Tel: [phone]

Nominated adviser and joint broker

Brian Stockbridge / Alex Price

Rivington Street Corporate Finance - Tel: [phone]

Joint broker

Dru Edmonstone

For further information on the Group: www.riig.co.uk

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLURAVRAOAOOAR


Any views?

[davidlloyd] 30/3/2011 09:51

Based on recent buy / sell price and limits I think someone is trying to accumulate big time.....IMHO that is of course.

Keeping watching.....

DL