When you are in hospital looking at expensive gear in theatre ( let's hope they sedate you before cutting anything!)...think that maybe ( only maybe) the purchase is due to the careful efforts of ATUK helping the NHS....or not?

Investors appear to have been happy to break my first rule -pay no more than 50p for AIM-stock - for it started at 2005 at 65p
Today it's about 2p with a certainty early investors will be diluted at maybe 1p, so in effect the Money-bags are buying your company for almost a hundredth of the price you paid (allowing for spread, charges etc.).

My second rule has thus been created...don't invest in AIM.

Any views on this 500% rise and if theres any more milage in these?? worth a hold anyone? edit 300% rise

Well I couldn't resist a few after the initial excitement died down just a small gamble. I looked at the website and they seem to be doing all the right things.
Cloud computing is the buzz word these days and Google is backing them to the tune of 10 million pounds worth of free advertising. It may be a p&d at the moment but my view is that Google aren't stupid so they must expect their help to pay off! feel free cynic and ravey...:)

Saw it first at 6.75p by close it was 6 so will see what happens tommorow, as you say could be interesting. cynic won't be interested....to minnow for him.

I paid 6.75 so that wasn't bad. It probably will go down over the short term until we get some more developments but I waited with vipera and only just got in before it really took off have you looked at that one bb?

put it in my watch list MP and will wait a bit to see, must admit most of my present funds are in oilies and miners at the mo so may have to forego some.

Any view on MOS as seems to be doing the same??

I don't know of that one sorry.

Regular placings just to keep going at 1p, the listing itself costs 150k
so another stock that will spike and trap a lot of people in.

So it's odds on they will place more stock to raise funds considering
the price is now 6 times higher, reckon they will place somewhere in
the middle, maybe 3-4p.

That might be so but I guess if you're going to gamble on it, it is about getting in early, taking profit and doing all this as quick as possible.

In this market you've got to be very nimble.

Of course the difficulty with this strategy is that by getting in quick, you may end up being trapped if the expected rise doesn't happen.

Exactly DD, the biggest risers the day before usually go up initially then tank
by 9am, Solg was the same but the mugs still chase them, some poor sod
paid 17.25p and once chap paid 15p for 100k plus when 13p offer, you just
sit and shake your head at these punters, what are they thinking ?
Always puts me off as well when well known advfn pushers come over here
to try and push a smallcap.

well you're right so far ravey but the official gov launch isn't until oct 7th so some are bound to take profits--I only have a tiny amount so I might av down as it's early days. Am I the well known pusher?? fame at last lol! I don't post very often so perhaps you mean bb. you still haven't told me shares you like to look at--it's helpful to be given some good pointers except I'm sure you aren't in penny stocks.

You can see they are placing stock the way the price is moving, lots of
interest and in a decimal stock with such a tiny market cap this kind of
buying would have a impact so it looks like they are using the rise as you
would expect to get some money in, guess in a few days/week we will
find out.

moneyplus

Managed a few yesterday when someone mention on the "UPS" when they were 2p and said Goggle was involve in a placing, but had to pay more than that, still holding and looking forward to next month.
------------


"ravey" is a PESIMIST by nature and trying to find faults everywere.
Now try to find something to compare with and then give ( he or she ) a name

I came with one ........ Spinster

Oldish woman by now, hating men, most likely cos they were not interested on her obvious reason "ugly" on top of desperate nature, but yet again maybe she is one of the Spinster's on the prowl again and again

ETYMOLOGY: SPINSTER
An elderly or aging female who due to a combination of major personality flaws, undesirable personal habits, and unattractive physical appearance has never married. It is not uncommon for a spinster to have had many short term romantic relationships and to have spread her legs for many men. Females begin to enter spinster territory at the age of 35 or the first appearance of gray hair and or crow's feet.

She could be also a "cat lady "
An old woman who lives alone with multiple cats and smells of cat urine. Who suffers from a horrible childhood, with nobody to love, besides stray cats that dig in the families garbage ( money am post )

ETYMOLOGY: CAT LADY
A old woman who usually lives secluded from society with her hundreds of cats. Because she is forced to use all of her social security money of her cats, she eats only cat food and drinks only milk. She usually feels the need to name every single one of her cats with funny names

I have found the post at "UPS"...........


sportsauto - 15 Sep'10 - 10:14 - 137 of 181
Major GOOGLE INVESTMENT IN atuk under 2p

Floated at 60p

ePROCUREMENT BIZ
could be another MOS

RSI.

The more you post nonsense the more you will be exposed here.

And moneyplus is well known on advfn as "knowing" who is just as
bad as you for pump and dumps.

Why not go back to advfn where you have that shocking thread of yours
and stay there.

lol!

And what name do you use on advfn then cr ? :-))

You laugh because you know i'm spot on the money !

Master your post gave me a good laugh--thanks! I've just topped up a few more.
Sorry ravey I'm not" knowing "--my posts are as "moormoney" on the other board.

lol

LOVE IT ravey LOVE IT ;-)

Maybe knowing is moneyman, sorry for the confusion.

The rns's before yesterday news show placings at 1p to raise tiny
amounts for working capital, price aint going up on buys, they are
raising money here.

CR.

Quite obvious you are here to cause trouble, try and keep to posting facts
and not pump and dumps otherwise you will be reported.

I know who you are and know exactly why you are posting here when you
post none stop on advfn.

I think cr has been on the plonk and not an expensive one by the look of it ....

I would have been abused rotton had i been posting on advfn but i guess none
of the pumpers will be man enough to apologise ?


ravey davy gravy - 16 Sep 2010 07:48 - 10 of 25
So it's odds on they will place more stock to raise funds considering
the price is now 6 times higher, reckon they will place somewhere in
the middle, maybe 3-4p.

The rns's before yesterday news show placings at 1p to raise tiny
amounts for working capital, price aint going up on buys, they are
raising money here.


PLACING OF NEW ORDINARY SHARES

The Board of @UK announces today that it has conditionally placed 2,333,333 new Ordinary Shares at a price of 3p per Ordinary Share raising 69,999 ("Placing") with an institutional investor. The proceeds of the Placing will be used to provide additional working capital headroom in the Group's budget.

That's not much money considering the sp rose 500% yesterday

Unless there are further placings to be announced, it suggests confidence is not high no matter what the sp does.

What i like is how they say it's a institutional investor !

What bolx, it's quite obvious that placing stock is being sold already
into the market, if they was not selling the price would be rising.

Aim really do mug people off at times, combine that with the usual
suspects from advfn bb that push these stocks on other boards and
it's a easy place to trap your money !

didn't mug me.....glad i put it on watch list and will stay well clear.,.

well done ravey you were spot on--I thought of you when I saw it. You should give the other board a try you wouldn't be abused particularly if you're right. I really hated it at first until I learnt to filter most of the rubbish posters---now I wouldn't miss it and I certainly would have missed gkp and blinkx without very generous regulars sharing their research.
I view my investment here as an acorn helped by google of course after launch on oct 7th we should get a clearer picture and analyst comments.

I was looking forward to Rsi Masters comments but like a typical
advfn pump and dumper he vanishes !

KEEP an EYE

3.50 / 3.75p

Volume buying today and could on the turning after the retracement, narrow spread

5 days chart

WINS marked the stock down at 10.49am, after 8K sell, but since then 150K buys, could be on the turning

today's trading
8K sell @ 3.689p at 10:48:57am spread 3.50 / 4.25p

WINS marked down at 10.49am to 3.75p offer, so the spread went to 3.50 / 3.75p

buyers since then

re - 61.8% Fibonacci retracement

"volume buying"

4k's worth.

Have you forgot the placing at 3p when the price was double that and what happens when they need their next installment of working capital when the
price is 3.5p, then it will be a 2p placing.

Nice try RSI, i'm sure you can respond with some more moronic stalker posts
and similar yawnnn....

5.25 / 5.50p +1.75p

is now on the MOVE UP and fast

OUCH,

SH!T all over "ravey" face

It must be CAT one, is well known as the "CAT LADY" at least she smells of it.

Rsi.

For making the right call i'm surprised you have returned with your abuse.

Yes Wins can trap a few chasing up the bid right behind the offer but look
how quickly it falls back.

What's todays pump and dump them with your pointless charts as they always
crash back the next day ?

Go and feed the cats, that is the only thing you can teach me, but in second thoughs I do not like cats around the house, so try to teach that to somebody else, and get off my back, you can not teach a MASTER how to trade shares, put it on the brainless head. >>>>>>> STALKER

LOOK and see them to go higher from here.....

Funny enough i've just fed one of my two cats and soon it will be off out
in the glorious sun for a dog walk, it's a hard life.

I suggest you see a shrink because what you write on here at times is
very disturbing !

ravey

re - I suggest you see a shrink

    TAKING THE PISS

I am one of them

How do you think I reached the conclution that you are a SPINSTER
You are a CAT Lady
and a STALKER

and I do not know you?
but eventualy you said it was true

A last week comment, interesting to have it on the thread on looking forward to the 7 October 2010. ...


E-market shows buyers carbon footprint of goods
Defra minister to cut red ribbon in official launch next month

Andrew Charlesworth, BusinessGreen, -- 17 Sep 2010

An online procurement market, which enables buyers to see a calculation of the carbon footprint of the products they are buying, will be officially launched by Richard Benyon, minister for natural environment and fisheries on 7 October 2010.

The e-market, @UK PLC is already active and has accumulated over 1 million users to date.

The carbon footprint of products available on the site is calculated using e2class, @UKPLCs ethical and environmental classification system, which combines data from the Stockholm Environment Institute and the Centre for Sustainable Accounting with the e-markets own GreenInsight artificial intelligence tools, @UKPLCs chairman Ronald Duncan told Businessgreen.com.

The site was originally announced at the Business of Bio-Diversity Summit on 14 July this year and will also allow buyers to buy carbon off-sets for their purchases.

Since then @UK PLC has made significant changes to its business model ready for the launch, promoting its suppliers to the wider internet in an open format. Previously the 3 million products available on the @UK PLC e-procurement platform have only been available to a limited number of buying organisations and through search engine promotion of the individual supplier sites.

The site has proved popular with UK public sector organisations: Duncan says almost every one of the largest 5,000 public sector organisations purchases through the site. He hopes to recruit the UKs 25,000 schools to site too, as well as many more private sector organisations.

Google is also supporting next months launch with a promotion to the sites customers of an in-kind value of 10m, to encourage customers to increase their Google-based advertising and traffic through the site.

and another one ...........

@UK PLC is the leading Electronic marketplace, with over 1 million users. We believe that @UK PLC has significantly more users than all the other UK marketplaces combined, and that we are probably the largest transactional b2b marketplace providing integrated eCommerce and eProcurement worldwide

The entire set of solutions is built on @UK PLC's CloudGenerator platform, which is the No 2 Cloud platform globally after SalesForce, and the No 1 eBusiness cloud platform.

5.875 (5.50 - 6.25p) +0.75p

today is meaning business, a very strong start, with steady buying

roll on Oct 7th!

others on the cloud computing are doing well ........

Iomart tops targets

Cloud computing services specialist Iomart Group said it continues to trade strongly, experiencing increasing demand for its products and services.

The group consequently expects to report interim results ahead of market expectations.

Iomart said it is encouraged by the growing pipeline of opportunities and expect that results for the full year will also be ahead of market expectations.

Angus McSween, CEO of Iomart, commented: "Our strong levels of trading are tangible evidence of the success of our cloud based hosting strategy. The investments we have made into our infrastructure have significantly improved our competitive positioning, enabling us to benefit from the growing momentum behind cloud computing.

"This growth in cloud computing is still in its early stages and we will continue to seek means of increasing our share of what is a highly fragmented market. With a proven reputation and a strong financial position we believe we are very well positioned to accelerate our growth both organically and through strategic acquisitions. We therefore enter the second half of the year with confidence, focused on the delivery of increasing shareholder value this year and in the years ahead."

Just Website launch Today at 4pm. Also announced Contract win this morning.

7 October 2010 -- @UK PLC

Contract Win
Findel Education the First sign-up to @UK's newly launched Green Marketplace

@UK, the AIM-traded eMarketplace and provider of eProcurement and eCommerce
software is pleased to announce that Findel Education, the UK's largest
educational supplier, will be the first supplier to sign up to the Company's new
Green Marketplace. The value of the contract is expected to be approximately
GBP50,000.

The Green Marketplace is part of the Company's new online Marketplace which is
being launched today at 4pm by Richard Benyon MP, Minister for Natural
Environment and Fisheries. Through use of the Green Marketplace Findel
Education will be able to publish the environmental impact of each of its
products and provide the ability to offset the environmental impact, thereby
effectively reducing the carbon footprint of its catalogue to zero.

The Directors believe that Findel Education, which is known for brands such as
GLS, NES Arnold and Hope Education will be the largest catalogue in the world to
be carbon neutral.

Findel Education has taken advantage of the pre-launch discount from GBP3 per
item to 90p for e2class classification. The pre-launch discount will end at 4pm
on 7 October and other suppliers seeking to become carbon neutral will pay a
total of GBP4 per item comprising GBP3 for e2class and GBP1 for the carbon
footprint.

At the launch Basingstoke and North Hampshire NHS Trust will demonstrate
GreenInsight. GreenInsight is charged at GBP12,000 per organisation, and
provides a detailed breakdown of the environmental impact of all expenditure.
There are approximately 5,000 public sector bodies that could purchase
GreenInsight.

The market size for @UK carbon footprinting services is approximately 3.6
million products that have been analysed by SpendInsight of which 3 million
products are on the @UK marketplace.

Ronald Duncan, Executive Chairman of @UK PLC commented:

"We are delighted that Findel Education has made use of our technical
breakthroughs to become the first large catalogue world wide to be carbon
neutral and kick off our program to get every product on our marketplace
certified as carbon neutral."

Looks like its coming together for ATUK. Not bad for a 2.5 million capped company. The procurement card will be a significant boost for the company.

The new package offers a combination of integrated technologies which include a spend analysis, green analysis, eMarketplace and securely embedded Government Procurement Card.


>>>>>>>>>>>>>>>>news on 1 November 2010

@UK/BARCLAYCARD COMMERCIAL PACKAGE GUARANTEES COST SAVINGS FOR UNIVERSITIES

An e-procurement package for the Higher Education Sector, launched jointly by
@UK and Barclaycard Commercial, gives participating universities guaranteed cost
savings. The joint campaign follows recent news that the Higher Education
Funding Council for England (HEFCE) has earmarked up to GBP6m for an
e-procurement fund.

GBP5m of the funding has been reserved for individual universities to help them
establish an eMarketplace, and HEFCE has retained the additional GBP1m to
establish a generic eMarketplace for the 129 Higher Education Institutions.

Universities had to apply for funding of up to GBP60K by 3rd September. They
have received their funding offers - estimated to be between GBP2m and GBP3m -
and are now in the process of procuring appropriate technologies. This funding
must be spent - and solutions implemented - by March 2011.

Comments @UK Chairman Ronald Duncan: 'Our current campaign with Barclaycard
Commercial builds on our joint work in the NHS. Barclaycard are market leaders
in the Higher Education Sector, and we believe that, this foundation, coupled
with the guaranteed savings offered by our package will ensure rapid acceptance
by the universities.'

He continues 'Other Government sectors are seeking to achieve in year savings
after the 2010 Comprehensive Spending Review, and we believe that we have a
unique solution that both maximises savings whilst exceeding green objectives.'

The new package offers a combination of integrated technologies which include a
spend analysis, green analysis, eMarketplace and securely embedded Government
Procurement Card. The mixture of technologies is designed to provide each
participating University with guaranteed savings in the current year. The spend
analysis will identify cashable savings, as well as providing accurate data to
forecast revenues from the use of the embedded Government Procurement Card. The
eMarketplace will harness all of this information and provide a controlled
environment for ongoing procurement and the identification of savings. ROI
analysis shows that savings of GBP500,000 to GBP1m are achievable for
organisations of this size, using this mix of technologies from the GBP100
billion of spend that has already been analysed by the @UK Spend Analysis system
SpendInsight.

Cielo

New thread started http://www.moneyam.com/InvestorsRoom/posts.php?tid=15437#lastread

All the way to 13p earlier, and being second day of a strong rise.

What is going on? well being on a BREAKOUT the sky is the limit, they say

Directors have been buying lately and more yesterday to a holding of 7.34% for David Holloway ...


Director Deals - @UK PLC (ATUK)

David Holloway, Non Executive Director, bought 80,387 shares in the company on the 17th January 2011 at a price of 12.44p. The Director now holds 5,150,975 shares.

i missed that!! but cheers

Share price keep moving higher after recent directors buysPurchases by directors

	18/01/2011	17/01/2011	BUY	Holloway, David	NED	80,387	12.44 p	£10,000	15.75 p	12,660.95	26.61	2,661
	14/01/2011	14/01/2011	BUY	Duncan, Ronald	CEO	100,000	12.75 p	£12,750	15.75 p	15,750.00	23.53	3,000
	14/01/2011	13/01/2011	BUY	Duncan, Ronald	CEO	50,000	11.00 p	£5,500	15.75 p	7,875.00	43.18	2,375
	12/01/2011	12/01/2011	BUY	Duncan, Ronald	CEO	100,000	10.15 p	£10,150	15.75 p	15,750.00	55.17	5,600
	22/12/2010	22/12/2010	BUY	Duncan, Ronald	CEO	107,991	4.63 p	£5,000	15.75 p	17,008.58	240.17	12,009
	04/01/2010	04/01/2010	BUY	Duncan, H. Lyn	ED	50,000	1.40 p	£700	15.75 p	7,875.00	1,025.00	7,175
Purchased jointly with Lyn Duncan who is an exec director.

12.75p +3.375p
news earlier ..............

@UK's software supports National Audit Office

Today the National Audit Office has published a procurement report on consumables buying within the NHS entitled "The procurement of consumables by NHS hospital trusts." The report is available from the National Audit Office website at www.nao.org.uk.

indeed cielo - and there is plenty more in the pipeline- each news item / win will push atuk higher & higher - imo this will be a general northerly climb for the rest of this year with th eobvious dips along the way as usual

Don't know about that, I've just bought in that's usually the kiss of death :-)

confidence maggie.....

http://www.purcon.com/news/news-archive.php?title=NHS+procurement+'must+learn+from+business'&800382799



03-02-2011

NHS trusts need to learn from the private sector to improve their purchasing processes to get better value for money, it has been claimed.

The CBI has urged trusts to "get more business-like" and make sure they are using their combined purchasing power to pay less for goods and services.

It follows a National Audit Office report on procurement processes at NHS acute and foundation trusts that identified a potential 500 million worth of savings to be made.

The study said trusts' buying of everyday medical supplies delivers "poor value for money" and called for greater collaboration to help the NHS spend less.

"Achieving economies of scale will go some way towards delivering savings of 15-20 billion by 2015," said CBI head of public services reform Elizabeth Fells.

She went on to say that "the best provider should be able to compete to deliver NHS services, whether they are from the public, private or third sector".

http://www.proactiveinvestors.co.uk/columns/hb-markets/4447/hb-markets-daily-smallcap-newsflash-including-synchronica-redhall-penna-consulting-kellan-group-and-others-4447.html



@UK (LON:ATUK, 9.375p, 6.58m) The report by the UK Government National Audit Office (NAO) that highlighted significant savings within the NHS should better purchasing strategies be adopted was supported by @UK providing the analysis services using the groups SpendInsight Service. Clearly this could lead to further work with both the Government and commercial clients. We move the group from a sell (at 14.25p with a 10p fair value on 21/1/11) to a HOLD. (Julian Tolley)

dont follow tb personally but hey ho....

'Why small caps look set to rocket this year By Tom Bulford

Who will be the share heroes of 2011?

So it is no surprise to see natural resource shares amongst the early movers in 2010. Roxi Petroleum (LON:RXP), Beowulf Mining (LON:BEM), Amur Minerals (LON:AMC), Tertiary Minerals (LON:TYM), Namibian Resources (LON:NBR) and Atlantic Coal (LON:ATC) have already made strong gains.

Bio-energy play Viridas (LON:VIR) is amongst the leaders as is Third Quad Capital (LON:TQC), which has announced a possible sale of its software business.

Distressed lender Davenham Group (LON:DAV) has seen its shares bounce on the back of a possible financial reconstruction while Crosby Asset Management (LON:CSB) is changing its spots to become an investor in natural resources.

Finally and intriguingly barging its way into the leading group is @UK Ltd (LON:ATUK), whose software enables public sector bodies to both save money and prove their green credentials.

http://www.moneyweek.com/investment-advice/penny-shares/2011-aim-markets-big-comeback-10306.aspx'

yeeeeeeeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

rns out

kerrrrrrrrrrrrrrrrrrrrrrrrrchinnnnnnnnnnnnnnnnnnnnnngggggggggggggggggggggggggggggaroooooooooooooooooooooooooooooooooooooooooo

@UK PLC

("@UK" or the "Company")

eCommerce Marketplace Contract Win

@UK platform selected for leading shared procurement service


@UK, (AIM: ATUK) the provider of eProcurement and eCommerce software, is pleased to announce that it has been awarded a contract to provide an eCommerce Marketplace to a local authority and NHS Services partnership.


This was the first local authority and primary care trust to form a partnership, with a single chief executive and joint management team. It was set up in 2008, and @UK PLC has won the contract to provide them with a single system for electronic procurement.


Ronald Duncan Chairman of @UK PLC commented, "We have worked extensively with individual Local Government and NHS organisations and the efficiencies of a 'joined up' approach are clear. We therefore expect this segment of the market to grow significantly as part of the NHS restructuring and believe we are well positioned as the only company which is a market leader in both sectors to benefit from this growth."

and is going NUTS again as in previous RNS 15.25p +3.50p

cielo good stuff

lubbly, bubbly jubbly.........looooool

Nice one I like the look of this share. SAR could do with a bit of NHS today.

bb / driver - good to see you in here - kerrrrrrrrrchingggggggggggggggggg!!! :-))

rrl kerchinnnnnnnnnnngggggggggggggggg

come on sres!!! always 1 lol!!

cheers dudes

falling back a bit, did'nt take profits at 18p a well.,.

up again 55%...in gibbys words ......kkkkkkkkkkkkeeeeeeeeeeeeeeeeerrrrrrrrrrching

2nd best performer of the day
ATUK @Uk 18.50p + 6.75p - 57.45%

We are into a Higher BREAKOUT
Lets see what tomorrow brings after newspapers comments.
They say the sky is the limit on those cases

be keeping a close eye on this one tomorrow!

Going well again, up 13% first thing.

Brilliant performance on the latest news but only the start imo---this floated at 60p and I think it will get back there before year end!!

lots of buying and spread zero, rather than top slicing have decided to wait for drop and add when ready.

After the large rise of the last couple days, I have dispose of half.

the thing is sell on spikes and buy on weakness.

so now wainting for this game to come around and do not mind to wait.

don't think it will drop like other times eg 30-40p reckon it might rest around 45-50 which is why i didn't sell this time.,.

Comments on the THE DAILY MAIL

Shares of software company @UK soared 6.75p or 57pc to a 52-week peak of 18.5p. Buyers piled on hearing it has been awarded a contract to provide an e-commerce market place to an unnamed local authority and National Health Services partnership.

It was the first local authority and primary care trust to form a partnership, with a single chief executive and joint management team.

Read more: http://www.dailymail.co.uk/money/article-1355720/MARKET-REPORT-GEOFF-FOSTER-Spreadbetter-abandons-AIM.html#ixzz1DbFsHJAL

A late post last night from somewhere else _I have just came accross ( the poster most likely missed the boat ) ...........
11 February 2010 00:22
"For anybody holding for 6 months this is already a 20 bagger based on todays price....but for anybody new to the board some background might be in order.

@UK has quite a successful online company formations business t/o 1-2million pa and producing 600-800K gross profit pa

It has been investing a lot of time and money in developing links with public services and developing cost saving databases and markets but to date despite prestigious links eg work for NAO on NHS and innovative Spend Insight collaboration and the Carbon Evaluations it is not turning this into hard cash yet.....more of the potential here below.....but the bottom line is all this R&D means it is a loss making business and cash flow negative!!

To stave off the inevitable there have been quite a few placings...the Fundamentals on iii here haven't kept up with this so it shows a smaller capitalisation than actual.
With 71 million shares in issue excluding a large no of options at 3.5p or less the company is currently capitalised at, in excess, of 16 million "


The growth in the last six months has been negative and the company is controlled by the Duncan family, Michael Pasterk and Mr Holloway and the employees who between them hold over 40% of the share capital..so a bid will only happen with their approval. All the development work has been funded by placings and to be blunt the cashflow is very tight so expect a large placing or rights issue at these prices.

The prospects are considerable....look at my earlier post... if they can crack the e-procurement cloud computing issue

But to keep this balanced...
(a) the analysts have a target of 10p ...we are 70% over this.
(b) the orders have come through much more slowly than originally predicted...today was the first
(c) the link ups with Barclaycard & Google are not strategic... in the case of the former it is offering Barclaycard as a payment means with the latter it is a cross advertising agreement....the RNS's are VERY WELL Spun WITH THIS COMPANY
(d) the maths of this business don't bring a lot to the bottom line eg a spend of 10million on procurement....remember the bulk of health and LA costs are wages, only to be saved by reducing headcount and the second element are fixed costs buildings and legal claims..... so procurement is only 10-20% of LA turnover and 15%-30% in the health service(I've worked as an accountant in both) but of the latter a lot of this is to drug companies where cost savings are hard to achieve (O/T hence the great prospects for SAR)...so of the 10million spend savings of 1-2 million might be achieved of which the e-procurer will do well to get 3-5% eg 30-100K....so 1million of turnover needs say 20 orders....the UK has a ceiling of under 1500 such LA's PCT's govt departments etc (they are being encouraged to merge) so with a 40% market penetration ie 600 trusts etc produces 9-15million T/0.....gross profit probably 40% so maximum bottom line contribution on this basis 4-6 million. At a PE of 12 this justifies a MAXIMUM market cap of 48-70 million.
Currently we have less than 1% of my projected clients...so we are still loss making BIG TIME.
(e) The big payment will be in the first two years of the contract, subsequent to this the savings are made and the payment for what are in effect re-orders will yield only 1-3%.....SO THE MARKET SIZE DECLINES and the repeat business is LESS PROFITABLE... not a good business model

BB you're really confusing me or can I just not read? do you really mean- eg 30-40p reckon it might rest around 45-50?

Just got home and read what i put dinner time.......DUH!!! wrong thread should have been on ABH thread......ignore me.....as usual...lol

bb - i'll have a pint of what you had dude!! lol

atuk is a little gem - i think more and more becoming aware now so this should also help the continual drive north

personal target here is 50p minimum to 1 - but i may have to up rate this as contract wins and more news will follow throughout 2011 imo


interesting week ahead

cielo - nowt wrong in cashing some profit - well done - only danger is if there is no dip!! gl

I top sliced a few to this am at 19.6p just wasn't sure.,.

balerb - sensible - i top sliced a few myself - if it dips before next news will be straight back to re-buy & add to my core holding - but i really would not want to be right out of atuk at anytime currently - lots going on and imo will multibag from current level before this year is out

KEEP AN EYE

SPREAD 12.75 / 13p +0.375p

is now on the move UP with a very good Level 2 and narrow spread, volume is high

   

Is the company on bid situation?

Accenture just bought the Symbian software development facility from Nokia...If Accenture intends to get the entire procurement services from Public sector i.e. Outsourced from Govt to Accenture, then it needs @Uk as core technical piece.

http://www.theguardian.pe.ca/Canada---World/Business/2011-06-22/article-2602856/Nokia-completes-outsourcing-deal-with-Accenture%2C-including-transfer-of-2%2C800-personnel/1

Nokia completes outsourcing deal with Accenture, including transfer of 2,800 personnel

Published on June 22, 2011
HELSINKI - Nokia Corp. says it has completed a deal to outsource its Symbian software development to Accenture that includes the transfer of 2,800 Nokia workers to the global management-consulting firm.

Got in at .0763 this morning...so very happy with the way the SP has behaved today...onwards and upwards! anyone else in?

Have been in for a while. Should have got out and back in again so hope it continues northward.

The Arbuthnot Research update on "new government initiative called as the New Enterprise Allowance" which was emailed this morning to everyone who have had email communication with @UK acted like a RNS....with excellent buying. So, I'm posting contents below.

It also includes the link for the Arbuthnot's initiation of coverage ("At the start of something big",
16 June 2011), http://www.arbuthnotsecurities.co.uk/Research/id/5705

DYOR
Nick






Arbuthnot Research update :

9 Aug 2011

@UK* [Strong Buy]
ATUK.L / 7.37p / 5.18m / TP: 25p

@UK announced last week that it hoped to benefit from a new government initiative called the New Enterprise Allowance. In our opinion, this could lead to potentially very significant additional revenues for the company. @UK is supporting the Department of Work and Pensions (DWP) to enable out-of-work people to start up their own business. The DWP will give each applicant 1,274 over 26 weeks in the form of benefits to which they would not otherwise be entitled. The applicant may also borrow up to a further 1,000 from DWP lenders to use as they see fit.

The impetus for each applicant to spend this additional money on services provided by @UK is the fact that it has a unique 9.99 per month cloud-start-up ".com" package and will then support applicants with up to 2,000 of funded high-margin value added services of which @UK would recognise half the value in revenue. Despite the reduced margins for the company for this business (since it is providing a significant incentive for applicants to use its services by offering them at a 50% discount) we estimate that some 50% of each pound spent with the company will flow directly to profits.

The DWP initiative is estimated to cover an estimated 40,000 applicants. Whilst we can make no forecasts about the number of applicants signing up to this scheme, it is clear that the maximum potential incremental revenues to the company could be 40 million. Even if there is only a 5% sign-up with @UK this would equate to 2m of new revenues, an increase of 63% over our current 2012 forecast, and potential additional profits of some 1m, an increase of 250% over our current 2012 forecast.

However, at this early stage we are not making any changes to our PBT forecasts, which imply break even for the second half of 2011 before moving into profitability in 2012 as we continue to err on the side of caution. We stressed at the time of our initiation of coverage ("At the start of something big", 16 June 2011,
http://www.arbuthnotsecurities.co.uk/Research/id/5705) that we believe that there could be significant upside to our DCF-derived 25p target price in due course. This potential new revenue stream underpins that comment hence we reiterate our Strong Buy recommendation.

I'm 30% up already....wished I'd bought more!

and further up today, needs to change the trend from the downtrend since April

60% up since I bought in last month......should be alot more to come! (imho)

i have every confidence in atuk - good deals already in place - more to come thats for sure imo
have a good weekend all

still doing well.

i think so - next good rns usual 50% or so jump
gl

also longer term prospect looking strong - excellent fundamentals

gibby, what other good ones are you in ?

For better or worse....I'm in TOM, MTV, ABH, VAL, USOP, NGP, ORM, SOLO, NTOG, ANGM, OTC, NEW, RTG, POL (and a couple of others)...all high spec. but some could realise some good gains over the coming months and years was in BAO & RRR and took good profits. oh! and also in MER..

I'm still in and nearly doubled my outlay!...sp paused for breath today but expecting this to double again from here! (imho)

It's been a good week...now more double my outlay and still looking good ! (imho)

good stuff sky high - this is a great share to catch at these levels - this recent rise without any real news too - gl

sp consolidating at these levels,..will hang on for more gains!

C'mon ATUK.... you can do it!

they will throughout 2012 - continual good news and costs under control - good stuff here - roll on more contracts :-)))

On the cusp of delivering?
comment at http://www.investorschampion.com/blog/entry/uk-plc-on-the-cusp-of-delivering

On the turn? Projecting £50m t/over in 3 yrs, bold statement but achievable? And capitalized at just 7m! Uuuummmmmmmmm interesting

ATUK Westhouse Securities Buy 6.63 6.25 25.00 25.00 Reiterates

yes - as far as i can see they are hugely undervalued. Compare to BLUR a similar business and as ceo said, if this were on Nasdaq would be worth 50x

Blur continues it's rise today on announcing similar system to ATUK. A couple of buys today here will set this one off. ATUK is likely to be taken over at these levels.

Et voila! The overdue rise has started..
Now we know a little more, I expect a Bigger gain tomorrow

That didn't last long:(

Ok so on target for full yr, this doesn't mean huge profits but the system is getting recognized and could deliver in 3 yrs time big revenues as stated by CEO earlier this yr.