IAL has been tipped by two people on different BB's and I was just wondering what peoples views are on here.

just bought 35,000 shares on broker recommendation. should have more info. by end of week.

Nov 17

Share Option arrangement brought forward -- Motivating key personnel

over the past few months i hve recived number of calls from hoodless brennan 'encouraging' me to buy some at discount price. i am always suspicious on such tactics by brokers, so i hve not brought any.

i would like to know about the company etc .. other than the basuc rns stuff not much is availiable.. can someone convince me as to why it is worth buying into ??

good luck to all who hold these.. i sincerely hope they come good.

I too, bought some from HBP a couple of months ago. However, I think on this ocassion,it'll come good over the 3-6 months timescale. (Good recovery play)
Financial sector seeing a slow recovery. Overheads & operation costs are coming down fast. Return to profitability in next 3/6 months. May see some aquisitions etc.. so, I reckon stick with for a while.

Good luck all.

I agree with you skyhigh. Also FT.com have a consensus forecast which rates this share as outperform

i too hold 350000 shares in this company , big companys like royal bank of scotland have large holdings in this stock? do they see a winner?????????????

Glad to see that there are other holders out there in the same position as me..
watching & waiting (bitten nails etc !..)Thanks for your encouragement Geoff. Lets hope we start seeing some good news and movement on this one soon !?

thanks for that skyhigh ,i am not alone then?????? i beleive the stock market at the moment is a very good time to invest ,3 years ago i started investing and what ride.it can only get better??

FYO:

"Positive cash flow should commence in the first half of 2004 and that liquidity reserves will hold until that hoped-for creeping tide will start to moisten the parched balance sheet - and give sustenance to the share price"

Investtech Update:

Neutral (Medium term) - Dec 5, 2003
Has fallen 98% since the peak on 29 May 2002 at 124. Shows a weak development within a falling trend channel. A further negative development is indicated, and there is resistance against the ceiling of the trend channel. It also gave a negative signal from a rectangle formation at the break down through the support at 2.50. Further fall to 1.93 or lower is signaled. The stock has broken down through the support at p 3.00. This predicts a further decline. In case of positive reactions, there will now be resistance at p 3.00. The poor liquidity of the stock (traded 100% of the days, mean 6.94 mill per day) may weaken the analysis.

Sue.

Thanks Sue, under chart analysis it currently looks negative towards IAL but as we all know there are always two sided to every coin. Although I do not dismiss chart analysis in my observations and research of a company I tend not to read too much into it, I prefer much more to read statements and literature about a company rather than analysing mathmatical trends. I do agree that IAL is in a hole at the moment and does require some good news to get the momentum to see it out which I don`t think will happen until way into next year, if and when the group become cash flow positive.......

Very true dandu, but I would expect the price to be at these levels for another 2 or 3 months. A comparison of IQE which was at 2.25-2.75 pence for about 6 months last year before the good trading update came from them in August.

I do have this stock on my monitor but it will some time yet before I do become a holder. Once the company does become cash flow positive and come out with good trading updates then the upside I believe from these levels will be huge.

All the best.

Sue.

Thanks Sue, I do agree 100% with what you have said, with all penny shares the risk is high but the potential capital gain can be considerable, i have these in my portfolio and are just sitting patiently for them to upturn, i think it`s either sink or swim for these guys. They have a good manager, have streamlined the business and are looking more hopeful, natrually i`m keeping a close eye and may even add should the price fall again.

Daniel

Any info since ? rgds aj

Down again to 2-2.5p. I can`t find any reason why this would be so, sells are outweighing buys so there`s gonna be lots of supply of these which would help push the price down. I just hope it comes good in 2004.

lets hope so dandu71??????????????????????????????????????

Hi Llewellyn, are you a shareholder yourself and if so what are your views on the current situation?

hi dandu71 yes i am, i brought into the stock at 3p after reading about inter-alliance in ic,and i believe that this company will make next quarter profits and also i read that royal bank of scotland,norich union have great interest in the company? i hope that has helped you. let me khow if you find out any more info

Hi LLewellyn, Your comments about RBOS & Norwich U. interest may be about the rumours going around that maybe, just maybe, there was going to be something announced before the end of the year that would greatly improve the current share price instantly.

I too, bought in at 3p a couple of months ago on the strength af a "Buy" rec, in Shares Mag during late summer and also my broker advice.
It's gotta come good some time, lets hope it's very soon !
Good luck all.... :)

skyhigh, any chance you could be clearer as to what rumours you have heard. i have this stock on watch and feel almost ready to jump in but would like some more info first

Hi Bosley,
Unfortunately, I cannot be specific about the rumours,if they are true or when it will happen. I was informed about the rumours from my broker a couple of weeks ago. He said they could go up to about 10p before Xmas ?. He may have just been saying that to cheer me up after a couple other shares went a bit pear shaped ! However, Inter A. are a good recovery play. should be break even by end Q1 2004 and big profits after that. Mainly due to cost cutting but also improving financial sector. Also, there was talk of aquisitions being made as well (this/nextqtr). On the other hand, they may be subject of bids from larger co..
I reckon a good punt at the current 2.25-2.75 levels, (the downside is virtually zero) good time to get in but it is speculative. It's your decision. good luck.

skyhigh
I agree, a good buy at these levels.2.3p to buy at the moment. I have increased my holding this morning.

thanks SH and RM, i`ve been digin but can`t find any more information on this matter. Thanks for your information, has brought a much needed smile to my face. D

who went in and got 20 million right at the death today? what have i missed?

I notices that one myself Bosley as it went through as an unknown trade, has someone picked them up or sold them for that price?????

no idea , dandu . has it got anything to do with the share options arrangement announced in november? or does someone know something we dont ...........dah , dah , dahhhhhhhhhh

I would think that this transaction would have something to do with a share options agreement and that the shares were arranged to be purchased at a later date with a pre-arranged fixed price, most probably by a director or manager of some description......

Offer price fell yesterday so tightening up the spread 2-2.25. Looks attractive as a specualtive punt, trading volumes are very low though..........

I think i will buy some on monday as specualtive punt? about 5000.....

buys far outweighed the sells on friday 2nd Jan, maybe someone is expecting good news or soemthing, they did say they were due to be cash flow positive in the first half of 2004, are they about to release a trading statement??? As i have a big punt in this firm i`m watching it like a hawk, the number of buys on friday will certainly help make the stock more attractive and go some way towards raising the price.

MACD chart showing positive outlook! Also, buys are still out weighing sells.

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sells ouweights buys big style today with big batches being sold. bradley, what does the above chart mean, are you able to explain it to me, sorry if i sound a bit dull but i`m not familiar with this kind of chart. thanks daniel

Neutral (Long term) - Jan 5, 2004
Has fallen 100% since the peak on 16 Aug 2000 at 525. Shows a weak development within a falling trend channel. A further negative development is indicated, and there is resistance against the ceiling of the trend channel. The stock has broken down through the support at p 3.00. This predicts a further decline. The poor liquidity of the stock (traded 100% of the days, mean 5.93 mill per day) may weaken the analysis.

Neutral (Short term) - Jan 5, 2004
Has fallen 35% since the peak on 11 Sep 2003 at 3.25. Is within a falling trend and continued decline within the current trend is indicated. On reactions back, there is resistance against the ceiling of the trend channel. Is moving within a rectangle formation between support at 1.99 and resistance at 2.25. A decisive break through one of these levels indicates the new direction for the stock. The poor liquidity of the stock (traded 100% of the days, mean 5.93 mill per day) may weaken the analysis.

Neutral (Medium term) - Jan 5, 2004
Has fallen 98% since the peak on 18 Jul 2002 at 114. Is within a falling trend. Continued negative development within the trend channel is indicated. It also gave a negative signal from a rectangle formation at the break down through the support at 2.50. Further fall to 1.93 or lower is signaled. The stock has resistance at p 3.00. Poor liquidity (traded 100% of the days, mean 5.93 mill per day) weakens the analysis.

You guys may get some news on Friday regarding an acquisition IAL wish to carry out. I don't know how it will be financed but it is rumoured to be at 15 or 20 million pounds.

Best Wishes,

Sue.

sue, how you know this information, where can i find out, as a big holder i`m keen to know. thanks

Hope the below helps dandu71:

Taken from City Equities:-

DJ Inter-Alliance Grp Homes In On Acquisition - Sources
18 December 2003 12:28:14


LONDON (Dow Jones)--One of the U.K.'s largest independent financial advisors, Inter-Alliance Group PLC (IAL.L), is in talks to acquire one of its U.K. peers for around GBP20 million, people familiar with the situation said Thursday.

Although an announcement isn't expected imminently, key details of the acquisition could be fleshed out as early as Friday, one of these people said.

The purchase would add significant scale to Inter-Alliance's business, itself only worth just over GBP20 million by market capitalization.

The sources declined to disclose the name of Inter-Alliance's target, noting only the large number of IFAs operating in the U.K. and the fragmented nature of an industry ripe for consolidation.

At 1220 GMT, Inter-Alliance shares were flat at 2.25 pence.

Company Web site: www.inter-alliance.co.uk

-By Sarah Thompson, Dow Jones Newswires; 44-0207-842-9280; sarah.thompson@dowjones.com


(END) Dow Jones Newswires

18-12-03 1228GMT

Is is past-dated, so I don't know about the accuracy.

GoodNight.

what's happening.....?
expecting some news from IAL, but web site is under-construction. any body with info is welcomed.

thanks

I also bought into this company after reading two positive articles in the shares mag. Aswell as Royal bank of Scotland and Norich Union Henderson global investment own a large % of the shares (have proven track record with investments). I bought in at 2.75p and have since lost nearly 30-40% of my investment. I stronlgy believe and hope that the comapny will tunnel it's way out of this proverbial f**king hole! Good luck everyone...............

I bought in @ 3p 4 months ago on the back of shares mag. it should be a good recovery play. I wish got some more earlier today @2p.
I'm not entirely sure how it all works but... I reckon the price has been driven low to ensure that there is anough institutional interest/support to underwright the funding for the aquisition. Normally when an aquisition is announced a share placing is also announced to fund the move. If this happens the share price stays the same or goes down !. Lets hope it's different (skyhigh ?) this time round. ! and lets hope it's soon..... good luck all :)

thanks sue, one hell of a rollr coaster ride for ial today, i too bought at 3p back in october, i`m hoping it`s only a matter of time before it turns but there was some big sells today which i can`t see as a positive sign if people are wanting to get out??

true big sells today, but only investers fed up of waiting for something to happen. Keep the faith everyone and lest see what happens on friday!!!!!!!!

aye aye captain, I too have a lot of faith in the company, lets keep up the positive vibes, if anyone has any news at all please post. Thanks.

Reminds me of RDN before the bounce

The price is going up, any particular reasons?????

i am suprised too. any news?.....
may be awaiting a big move 2mrow....friday.

Lots of buys today but can't find anymore news.....

LONDON (Dow Jones)--One of the U.K.'s largest independent financial advisors, Inter-Alliance Group PLC (IAL.L), is in talks to acquire one of its U.K. peers for around GBP20 million, people familiar with the situation said Thursday.

Although an announcement isn't expected imminently, key details of the acquisition could be fleshed out as early as Friday, one of these people said.

The purchase would add significant scale to Inter-Alliance's business, itself only worth just over GBP20 million by market capitalization.

The sources declined to disclose the name of Inter-Alliance's target, noting only the large number of IFAs operating in the U.K. and the fragmented nature of an industry ripe for consolidation.

At 1220 GMT, Inter-Alliance shares were flat at 2.25 pence.

Company Web site: www.inter-alliance.co.uk

Just thought |I would pop this on the site if any of you hadn't already read it! Cheers people and good luck................

any news been leaked out early?
buying volume so high so far. recken, its goin to be a good news 2mrow.

best wishes for all those who hold them.

thanx

Late trades(selling)that too big qty.....anybody with info? pls.