This stock moved from OFEX to AIM recently and the share price has dropped considerably. Today the following news was released and the shares rose. This is still under the listing price of 2.5p I believe so their is no growth factored in;

LONDON (AFX) - Aquilo PLC said it knows no reason for its share price
movement following the recent decline in the stock.
The insurance company said the fall occurred on small trading volumes, and
in the absence of any trading update or newsflow from the company since its
flotation in May.
It added it intends to bring forward the announcement of its interim results
to Sept 8 to update shareholders on progress.

(AFX UK Focus) 2004-09-01 12:34 GMT:
Aquilo sees lower costs, sales boost from relocation of claims management ops

Article layout: raw
LONDON (AFX) - Aquilo PLC said the now completed relocation of the business that provides claims management services to its Accidentcare members will boost revenues and reduce costs for the group.

The business has been relocated from North London to Warrington in Lancashire following a strategic alliance with claims management services provider Broker Assistance.

Aquilo and Broker Assistance are also co-operating on marketing their services.

newsdesk@afxnews.com

Sounding good

Happy1 this thread has been very quite,since your last post,as the results are tomorrow,there were only one trade yesterday and none today so far,whats your opinion at this stage,will there be something to shout about tomorrow? I HOPE SO.

Anyone heard any news on the results?

I HAVE SPOKEN TO SOME ONE AT THEIR RECEPTION AND THE PERSON TOLD ME THE RESULTS WILL BE OUT TODAY,WHAT TIME, EVEN SHE WAS NOT SURE HERSELF,FOR YOUR OWN PEACE OF MIND YOU CAN CALL AT THE FOLLOWING NUMBER AND MIGHT GET SOME FURTHER INFO.THERE NUMBER IS 0208 358 9925.

reults just been announced and up 14%.

Excellent results.

whats next tomorrow then HAPPY1?

atteq with this one or my next tip ;-)


This one will depend on press news. Very suprised that people did not jump in as the results were excellent and the comment about moving into profitability certainly makes this a growth stock.

With a late release of results we might see an article in some papers tomorrow,well good luck to all aql holders,as the results look very encouraging.

LONDON (AFX) - Insurance support services business Aquilo PLC said it will
reach profitability by the end of 2004 but reported a wider first half net loss
of 718,209 stg from 698,860 a year earlier.
Higher loss was impacted by a rise in interest payable to 0.07 mln from
0.023 mln as well as one-off exceptionals of 100,202.
Turnover, however, rose 78 pct to 1.85 mln from 1.03 mln a year earlier as a
result of growth and acquired revenues, while gross profit rose by 117 pct to
0.883 mln stg.
"The directors see a very positive outlook for the company as they can see
the group reaching profitability by the end of 2004 and good prospects for a
profitable 2005, taking account of business prospects currently open to it," the
group said.
newsdesk@afxnews.com

Still an unknown quantity I think, I'm,holding for a while

RNS Number:7522C
Aquilo PLC
08 September 2004


Aquilo PLC


Interim Results for the period ended 30th June 2004


Aquilo PLC (Aquilo) today announces its half year results for the period ended
30th June 2004



Financial and Trading Highlights



Aquilo, the support services business to the motor and household insurance
sector, today announces interim results for the first half of its 2004 financial
year. The IT division was sold at the start of 2004. An Engineering Inspection
business (renamed Aquilo Engineering) was acquired during March 2004 and a
Strategic Services business (Stochastic Financial Modelling) at the time of the
move up to the AIM market at the beginning of May 2004. Aquilo is now a focused
supplier of claims management and advisory services to selected segments of the
general insurance sector.



Financial Highlights



* Turnover up 78% to #1.85 million (2003: #1.03m)



* Gross Profit up 117% to #0.883m (2003: #0.407m)



* Operating Losses, prior to exceptionals, down 20% to #0.55m (2003: #0.68m)



* Capital and reserves strengthened considerably to facilitate growth



* Basic loss per share -0.5p (2003: -0.8p)







Trading Highlights



* Strong performance from the Engineering Inspections business acquired from
Rubicon in March 2004, following full integration process.



* The Strategic Consultancy business has grown fourfold in the first six
months (2004: #0.065m : 2003 #0.015m). It has established its credibility
with major corporate clients, insurers and brokers.
* The Accidentcare Membership business has consolidated and has successfully
relocated its service fulfilment which brings Aquilo improved earnings and
reduced cost.



* The Claims Management business has established credibility for a number of
initiatives including fraud detection. Conversion of pilots into ongoing
contracts has continued to suffer delays but a number of steps have been
taken which are likely to lead to rapid growth in Q.4 and into 2005.



* A number of cost reduction measures have been taken which, although they
have resulted in exceptionals of #0.11m in the first half, will result in
long term savings. Management continue to seek further improvements in
operational structure and processes

How good does that look ? Come on...tomorrow is the buying opportunity.

People starting to peck away now.

Some good buying today after the drop. Question will be how long will they hold the offer at 1.8p now.

Last trade at 1.8p maybe a tick up due.

Anyone else adding for the 6 month wait until profitability ? Could be a very good return.

Thanks to Maytrees

From Shares Magazine

quote:
--------------------------------------------------------------------------------
SMALL SHARES
Aquilo (AQL:AIM), the recently floated insurance claims
management and advisory group, has formed a strategic alliance
with Broker Assistance, a fast-emerging provider of claims
management services. At the same time it has relocated its business from
Colindale in North London to Warrington.
The move is all part of a plan outlined on 6 May which was the start of
trading in its shares on AIM. The strategy is to improve the quality of client
services by being able to extend integrated claims management to its
Accidentcare members as well as their sponsoring brokers. The move will
bring with it an increased revenue stream and reduced costs. The two
companies are also marketing a combination of their services to offer a
broader service to their existing clients.
At the time of its AIM admission, Aquilo also completed the acquisition
of Stochastic Financial Modelling for a consideration of 6.5 million shares.
The shares are lightly traded and as a result of considerable volatility, the
group brought forward the announcement of its interim results.
■ Shares says: This is a highly competitive sector and the
alliance makes a lot of sense.
Aquilo brokers an alliance
by: Jonas Crosland


Now did those MM blighters try and shake some stock out for Monday ?

Online price seems to be moving back up a touch.

Taken from the interim results. I have now had chance to sit down and run over the comments and there seems to be alot happening in H2 which will hopefully see them through to profitability and a much increased share price.


Financial Highlights * Turnover up 78% to #1.85 million (2003: #1.03m) * Gross Profit up 117% to #0.883m (2003: #0.407m) * Operating Losses, prior to exceptionals, down 20% to #0.55m (2003: #0.68m) * Capital and reserves strengthened considerably to facilitate growth * Basic loss per share -0.5p (2003: -0.8p)

* Strong performance from the Engineering Inspections business acquired from Rubicon in March 2004, following full integration process. * The Strategic Consultancy business has grown fourfold in the first six months (2004: #0.065m : 2003 #0.015m). It has established its credibility with major corporate clients, insurers and brokers. * The Accidentcare Membership business has consolidated and has successfully relocated its service fulfilment which brings Aquilo improved earnings and reduced cost. * The Claims Management business has established credibility for a number of initiatives including fraud detection. Conversion of pilots into ongoing contracts has continued to suffer delays but a number of steps have been taken which are likely to lead to rapid growth in Q.4 and into 2005. * A number of cost reduction measures have been taken which, although they have resulted in exceptionals of #0.11m in the first half, will result in long term savings. Management continue to seek further improvements in operational structure and processes.

Interest payable rose to #0.07m (2003: #0.023m) due to the interest on bank facilities not present in 2003 and additional loan notes in issue for most of the period under review.
The successful fundraising has substantially strengthened the balance sheet which, in turn, gives confidence to major customers and lays a sound foundation for future growth. As at June 30th the Company had repaid (or converted to equity) all its loan notes and had repaid its bank overdraft.

The individual divisions are all showing good progress which the directors expect will be operating profitably on a monthly basis by the year end.

Aquilo Engineering
Discussions are ongoing with a number of new clients who are anticipated to provide work in the second half.

Aquilo Strategic Services
As a result a new client is anticipated to provide fraud related claims work in the second half. Having been retained as an advisor for the biggest fleet customer in the UK, has given a boost to both revenues and credibility. We are now working on assignments with a number of multi-national and larger national insurance brokers which it is hoped will lead in the second half to either appointment as advisor or the sale of a licence for use of the Stochastic software.

Accidentcare
The back office operation was successfully moved to be co-located with strategic partners, Broker Assistance, in Warrington. This produces a substantial cost saving, offers a better service to clients, including credit repair, and access to an internet based system whereby they can review their own files. The full effect of the exercise will begin to come through in the second half and an ongoing partnership with BA is expected to have a beneficial effect on revenues.

Claims Management
Aquilo is, however, continuing to service existing clients with ongoing encouraging results. Whilst delayed it is anticipated that substantially increased volumes will be obtained from existing clients and new clients have already been identified who will provide work in the second half. A number of other initiatives with other partners related to fraud detection have been initiated and are being brought to market. In the longer term this will provide both increased revenues and earnings potential.

Outlook
The directors see a very positive outlook for the Company as they can see the Group reaching profitability by the end of 2004 and good prospects for a profitable 2005 taking account of business prospects currently open to it. They expect that the management team will deliver additional opportunities for the remainder of 2004 and 2005.