Can anyone explain were this company is heading. Is it time to bail out with a merger or will the share price keep diving?

Well, they could have been worse. Cost saving measures seem to be making an impact.
There's a positive small article in today's Shares Mag that says that if the current merger goes ahead, then it will make sense and IAL can go forward positively.
So, sentiment is slightly better. May see a small tick up in the SP but when the merger goes ahead, then the recovery in the SP should really start to take place. (IMHO)

Over 2 million buys and not a tick up.

Give it a little time.. It'll pop !

hi all,

I believe the sp will recover if the merger goes ahead....which I think it will happen eventually.......

I have placed 500 pound bet in this one on the basis:

bulls signs:

1. lots of big buys from institutions after the first merger was announced
2. some encouraging signs of recovery after reading quick the last results
3. massively oversold
4. consolidation in the marketplace

also there is obviuos bear signs like the operating loss but that was due mainly due to restructuring whic is almost complete. but I think at the present share price, is very attractive for a small bet.

I would like to hear other people bulls views

OAKAPPLE posting no. 10
ican assure you that little reliance can be plaved on the number of shares that are shown as bought or sold, for each and every such transaction there are various rules applied which result in the share transaction then being shown in the market as a buy or a sell.

the fault is that the parties reveal the price of the deal but not whether it is a buy or a sell. that 'decision' is made by the computorat the time the transaction arrives at the computor. the computor compares at that time the market prices with the price of the actual transaction and the computor itself then allocates the deal as a buy or a sell. the price at that time can be different to the price at the time of the deal...so the 'error arises. there are other reasons why the deal can be allocated the wrong way round. so the aggregate of the buy/sell figures for various reasons can be wrong.

perhaps SHARES magazine can prepare an article on this topic...or reprint any previous article

the other false information in the market is that increasing often the mid price shown is not a figure half way between the buy abd sell price.. so often it is the figure of the last automated trade i.e. computor driven trade, thus it can be the case that a mid price shown can be even higher than the current offer price. one of the main speakers at the INVESTORS CHRONICLE seminar at the stock exchange last week was not aware of this misleading data.

perhaps shares magazine can prepare an article to explain that a mid price is not always a price half way between the buy and sell prices.

i see the prices in real time via MARKET EYE....and also the details of the transaction ......but as stated in my above posting a deal may well not be correctly allocated as a buy or a sell

reference the trading of interalliance i see it has 1338 advisers, from my experiance over many years i can say that it is so very difficult getting one sound reliable financial adviser. these chaps are in neary every case just out and out salesmen who thrive by their wits. there true knowledge is very very limited...it fact it is so often limited to those products that show commission. in further fact the greater the commission the greater their knowledge of that product and so the greater eagerness to sell it..

all of this is like a south sea bubble in that one day the punter wakes up and cancels the product and part of the commission gained can be refunded to the product provider.

you should ask interalliance :
what is the average of years of service of financial advisers...my guess is 3 years

if every one cancelled their policies tomorrow how much commission would have to be refunded to the product providers.. i am 100% sure that interalliance are taking into their accounts as income commission before it has been fully'earned'

if interalliance wish to explain the answers to these questions then i shall welcome this

it beats me why anyone should buy shares in this company which has 'will of the wisp' goodwill and intangible assets of this magnitude coupled with 34,000,000 of losses in its last year and 18 million of losses in the previous year.

then look at the 79,000,000 of options granted to IFAs [the advisers!]and employers and a further 30,000,000 of options granted to directors.. all of these options waters down you share values.

surely you can do better than to buy inter alliance shares

10% up today

What's going on here?

Any technical input, apart from mpw777, cause I don't want hear it.

mpw777 - May I ask what your motives are for input on this BB. Would not your interest be better served on a stock you are keen on ?. We all know that this one is a punt but punts can turn into yachts

oakapples posting 26

i know all there is to know about financial advisers and,in particular,about independent financial advisers.

with few exceptions it is all a 'scam' and that includes the product providers...again with some exception of some products of some product providers. everything outside these two areas can be a 'scam'.

as a leading actuary announced yesterday the whole field will be better if there was no commission at all paid.....only specified clear fees and expenses.

i am sure that the salesmen of interalliance do some good.. but so often i guess a big chunk of the initial investment can go in commission and expenses.the products offered can be narrow.
in addition life offices have poured millions into purchasing shares in interalliance...i suppose to gain a flow of business. i guess that that money may have come from the policyholders funds,,,and not from shareholders funds.

there is no aspect of interalliance that excites me ...in fact the opposite applies. i simply put my arguments into the pot!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Things are hotting up merger news imminent

What makes you say so - john50

how do u know?

MPW777.I agree.

look at trades today

check the latest RNS for the merger update

Well done john50 - was it an educated guess. Go on my son!!

Would anyone try to explain to me why following this announcement there are sales recorded and one at .63p. Is it not that case that if merger is accepted we would get 1.25p or should I read the small print.

Oakapples - you should indeed read the small print.
You get 1 MIL share for every 47.2 IAL shares that you hold. It is not a cash offer.
As MIL is diving, the offer is now reduced to about 1p equivelant per IAL share.
Presumably, institutions and shrewd IAL holders are shorting MIL ahead of receiving their stock, thus locking in value and allowing them to buy back cheaper when the hordes try to sell their new MIL shares.

Rgds
dell
All IMO, DYOR etc.

dell314 - very grateful to you - had my head in the clouds - just got my EEN consolidation letter from HSBC which has also confused me - so I think I will take a day off - thanks again

Rgds

GC-R