Beat this for cheapness. This company are an Isaeli based human resources company. They develop software and provide consultancy services.

Market cap is 0.6M. Cash = 0.75M. Net tangible asset value = 1.5M

Reports quarterly. 3Q results announced yesterday.
http://www.uk-wire.com/cgi-bin/articles/200411301522558317F.html

For the 9 month period pre-tax profit of 185K. So around 250K for the full year. Business is improving now.

No pension issues.

Market cap is absolutely tiny for the size, and proftability, of the business.

Price up further in Tel Aviv on Sunday and again this morning. Now 0.62 Shekels which equates to 7.5 pence.

Slow over here or what?? The share will wake up eventually-I hope.

I did buy this morning finally.

GB, what price did you get in at, where do you see it going from here??
Cheers HM

Im holding on for 15p-20p. I have noted the final results are due in less than 2 months.

I only wish i'd started reading this one on the 2nd of Dec. Well spotted rangers99!!

moneyplus
they appear to have come to life this week having moved from 0.09.5 upto 0.15p this week but fell back on friday I think it been due to American markets on Thurs night but did not recover Friday

results were very good and I think the company is still undervalued. I read in the last results they were moving to get their shares accepted by crest so hopefully sqauregain will soon trade them. I'm happy holding though I expect they will drift back to sleep again until the bigger boys notice them or the US investors pile in. prospects are excellent so patience is needed!

Anyone still holding this one. Currrent market cap 2.9M. Pre-tax profit of approx 0.3M at the 9 month stage is well up on the previous year. Q4 still to come which was the strongest last year. Final results in April

still holding--yawn!!

moneyplus
This looks like a very beneifical disposal. What do you think?
http://www.companyannouncements.net/cgi-bin/articles/20060119070000P8D4C.html

looks a good deal and the sp has lifted a little---maybe 2006 will be the year yo be in PIA!!

Q1 results

Good growth on last years Q1 and Q2 sounds as though it should be good as well

Tel-Aviv share price is currently just under 15p

Blast from the past, cheaper than chips now

DELISTING from AIM.
-DYOR- this will occur about the first week in December 2008, following higher losses, ...the TelAviv list remains, they said.
This is further evidence that Companies that are based overseas should not be listed on AIM - it is just too risky for investors. Companies are happy to take our money by way of an IPO and some in the City may be willing to drip-feed the odd million by a Placing, but AIM-regulators are only interested in their Fees and the so-called "growth" of AIM - and if a punter makes a loss - well that's investment.
((The sp fell considerable after mid-Sept, presumably as those in the know got out, leaving retail-investors to take the losses.))
Grr - - - - - all IMHO.