Xploite Share Discussion Threads

[lgpixels] 26/6/2009 08:51

There are only a limited number of investors holding these amounts of shares. Exploit with its large cash pile is in a strong position and could attract a reverse takeover.

[8trade] 26/6/2009 08:35

Very quite thread, would have assumed there would a lot of debate
after 10 million of volume in a day went through.

If they were cross trades then Xpt have a new large buyer waiting
to be announced, do the regulars here have a idea who is selling or
what might be happening, it is 25% that has changed hands if they
were cross trades, if matched buys and sales then it will be around 12-13%
changing hands.

Last mm on 52p offer, next is 55p, other 3 mm's all bidding 50p.

[still waiting] 26/6/2009 08:09

still working on the RNS?

[lgpixels] 25/6/2009 22:09

Looks like we should get some significant news soon, massive volume today.

[still waiting] 25/6/2009 18:17

I was thinking that as well.

[lr4850] 25/6/2009 17:26

A MBO on the way. Perhaps?

[8trade] 25/6/2009 12:42

Still Waiting - 25 Jun'09 - 12:30 - 1091 of 1092 (Filtered)

If the above poster has anything of sense to say here then please
copy it for me to read although i doubt he will, he usually posts
rubbish all day.

10 mil volume is 5 million pounds, thats a 25% of the market cap,
assuming advfn do have the right market cap !

[robmc100] 25/6/2009 12:40

would suggest institution buys which may equate to announcements for SF

[still waiting] 25/6/2009 12:30

cheap as chips...

[8trade] 25/6/2009 12:15

Going a bit on L2 though and those block trades keep coming.

[8trade] 25/6/2009 12:11

The clue will be in the online limits to determine if those block
trades are a overhang clearing ?

47.5-50p online for 25k each so not much of a clue there.

[coley15] 25/6/2009 12:08

Some massive trades gone through today totalling 8.8m to date with no impact on price - anybody ideas?

[rb1206] 21/6/2009 23:06

From The TimesJune 20, 2009

Smaller companies Robert Lindsay

Xploite, which aims to buy, revive and sell IT firms and return cash to investors, rose ½p to 49½p as Ian Smith, the chief executive, reported results for a managed document business that it has sold recently and said that he was looking at new targets. Finncap analysts said that the shares should trade at a premium to the estimated 48p a share in cash (£20 million) that it holds, given Mr Smith's track record. There may not be a better time to pick up assets on the cheap from indebted companies and the broker speculated that KCOM, up 1½p at 29½p, Redstone, down 0.13p at 8.625p, and ATComms, steady at 4.625p, could be willing to offload assets.

[lr4850] 20/6/2009 19:53

Xploite's Smith hits acquisition trail

Ian Smith "actively reviewing a number of options" following Anix disposal

Written by Doug Woodburn

CRN, 19 Jun 2009

Xploite chief executive Ian Smith has revealed he is already reviewing a number of buy-and-build opportunities just a week after disposing of Anix.

Last Friday, London-listed Xploite generated a £10.5m profit from the sale of IBM partner Anix to ACS.

In an interim trading statement, Smith said the "excellent return" would allow Xploite to buy, build and sell on yet another IT services empire.

"With the benefit of having a strong balance sheet at time when valuations are very attractive, we are in an excellent position to create further shareholder value through identifying, acquiring, actively managing and disposing of ITC assets and businesses," he said.

"We are now actively reviewing a number of options."

As it stands, Xploite's sole interest is its nascent storage software arm, Storage Fusion.

In it fiscal first-half to 30 April, Anix saw revenues rise 10.3 per cent year on year to £23.9m.

Following the disposal of Itheon in October, software revenues fell from £0.9m to £0.1m and Xploite admitted Storage Fusion's sales momentum had been "slower to develop than originally envisaged".

However, Smith claimed there is considerable interest in Storage Fusion's products and he is optimistic that this will convert into sales in the second half.

Xploite's profit before integration and strategic costs increased by 21.1 per cent to £2m.

[lr4850] 18/6/2009 22:08

They've already recently said that current trade with SF is not as good as expected.


"Storage Fusion has had a slower than budgeted
start to this financial year, and is unlikely to achieve the Board's original
expectations for the year although the pipeline remains strong."


Therefore, IMHO not looking good for tomorrows the share price??

[tsmith2] 18/6/2009 12:53

agree square

[square1] 18/6/2009 09:33

Figures tomorrow. Clearly numbers are close to meaningless following sale of Anix, so current trade/contracts for SF are crucial.With shares trading around cash positive indications on SF could have a considerable effect IMHO. DYOR.

[turnerd7] 17/6/2009 14:30

I don't get it - can someone clever explain what it means..

[8trade] 15/6/2009 13:50

Greedy mm's, 25k sold at 46p and they drop on that sale to just 53p offer !

[lr4850] 15/6/2009 08:38

Insiders sold out for a few quid when the announcement they were given the nod about did't materialise this morning.

Suspect now XPT have the cash they have made an aquisition ahead of results. Perhaps even an announcement that they are taking company private for 83 p a share???

[8trade] 15/6/2009 08:24

Looks like whoever it was that bought the 10k's pre market has
sold them again ?

[pranchalee] 15/6/2009 08:12

sorry bi1l follow mw not tom