I have been following this company for a few months now since it has floated, and it looks significantly undervalued.

Since it was tipped in IC a few weeks ago, there hasn't been much interest. Basically the firm acquires small profitable insurance brokers on very good terms. It is already generating profit and I believe there is no reason why this shouldn't be 1.20-1.30 as things stand and over the next month or so.

I think mm's haven't moved the price that much because there is a venture capitalist in there and probably think he will sell. The presentation I went to told the audience he is not going to sell and is a friend of the chief executive and is in it for the long term.

I think mms are short too at the moment.

Anyone have any thoughts??

will post later... at work sir. got everything you need to know.. look at my original research.. was in shares mag a few weeks ago

Thanks, will do... The company seems to be doing very well for itself. If you could post the latest figures etc that would be great.

Many thanks

it is due to report before end of nov... can't see what can go wrong to be honest.. there are going to be many changes to the insurance industry as of january next year, this company will benefit massively from this.

The article in trend watch explains how very well... i am not selling for less than 1.50 sir.