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.

I expect results to be good as no company will pull forward their results and issue a positive statement if there was anything bad expected.

Get in quick.

Outlook for 2004
The directors believe that the groundwork has now been successfully laid to ensure that Aquilo grows rapidly in 2004 and into the foreseeable future. The opportunity now exists to exploit new strategic alliances and undertake acquisitions. The Group will continue to focus on claims management and advisory services. In line with this strategy, Aquilo acquired Rubicons engineering inspection business during the first quarter of 2004. This has created a significant further revenue stream of 1.2m and now puts Aquilo in the position of providing services to over 20 of the UKs leading insurers and brokers.
In the light of this expansion, the Group is seeking to move up to AIM and undertake a fundraising exercise to allow the growth of the business and to capitalize on the opportunities available to the Group. This move is fully supported by the key institutional shareholders and, as a result, the Group has appointed Brewin Dolphin to undertake this project. The move is expected to be completed on 6 May 2004.
The range of expertise available from the current team and our strategic alliances are highly impressive and the directors believe that the Group now has the opportunity to build a very valuable business.

Aquilo Plc and NCorp Limited form a strategic alliance - 7 / 4 / 2004


Aquilo Plc (Aquilo or the Company), the OFEX traded group specialising in the provision of claims management and advisory services to the insurance and financial services sector, has entered into a strategic alliance with NCorp Limited (NCorp).

NCorp is a UK-based software company that provides counter-fraud solutions based on advanced pattern recognition and analytics technologies. Its Ijen software automates the filtering of insurance claims, identifying high-risk claims for further investigation and low-risk claims for fast-track handling. NCorps expertise in counter-fraud solutions is already well proven within the banking sector.

The strategic alliance covers arrangements for joint marketing and revenue sharing. Both parties have agreed to exclusive arrangements relative to providing each others core competence within the general insurance market.

Clive Nicholls, CEO of Aquilo commented: Initial work that we have conducted with NCorp provides strong evidence that its software offers a valuable way to identify high-risk claims. Thereby increasing the return on investments from in depth tools such as conversational management which we provide through our partner VFM and/or the use of other investigatory facilities. We are excited by the opportunities to tackle fraud with our partners on a much larger scale which will clearly bring benefit to insurers, self-insured companies and policyholders who ultimately pay the price.

These tools can also be very positive in improving the reputation of the industry by facilitating fast settlement where appropriate.

When you remember that there are some 5 million motor claims and 2 million household claims per annum and in our experience shows a considerable number are questionable, the development of facilities to provide large scale positive interaction with the cost reduction opportunity, is very important to the industry. We are very pleased to have assisted NCorp Limited within the general insurance market.

Martin Blackburn, Managing Director at NCorp, said: Partnering with Aquilo will provide us with a strong route into the general insurance market. Were confident that our software can deliver great value to businesses in the insurance sector. Were excited by the opportunities that the alliance with Aquilo brings us through its wide ranging contacts within the industry and its proven expertise in claims management.

Both parties believe that they can generate very substantial shareholder revenues from the pro-active handling of the joint opportunities.

Buying now picking up

150K and 130K now. Tick up soon ?

Bought in yesterday at 1.69 just missed the boat at 1.40. Hope results are good.

Nice to have some company Balli and good to see the price moving up.

What do they say...no brainer

Well i hope people see how devious these market makers can be at times. No trade reported today to justify this mornings drop. Seemed like they wanted to try and scare punters into selling to get stock to fullfill yesterdays orders. anyone who has tried to buy these will know that there is very little stock around.

Well the plan backfired and the buyers came in sniffing a bargain. It will be interesting to see how this plays out next week.

If results have been bought forward to 8th Sept must be good news.
Agree will be interesting next week.

I would rather be in than out due to that fact ;-)

wywcu1 - 28 Aug'04 - 10:41 - 170 of 172


Well Guys, think that I have found the reason for the RNS on Thursday. That morning Shares Mag ran an article called "Taming the AIM dogs" (page 31). This is what it said
Aquilo (AQL) : Insurance claims and advisory group ( Bloker: Brewin Dolphin)
-
Dog because: Lack of newsflow since listing.
-
Finance director has resigned
-
Future: Several big corporate deals won and lots going on behind the scenes.
-
Verdict: Don't necessarily assume that no news is bad news.
-
I think that I am probably right with my assumption. All bodes well for us shareholders.


Also a small mention in the Mail on Sunday ;-)

Few early BUYs comming in now.

Online price ticking up nicely ;-)

What are these MMs doing. First they drop the price on Friday for no reason then they raise it back up. Today they drop the price but BUYs outweigh sells ! If this was put under the same type of buying pressure as CLY they would not have a bloody clue how to handle it.

I think the last few days may have seen them short of stock and needing to try and find ways to balance their books. Buy and watch them cringe ;-)

From todays RNS

Aquilo will gain by both increased revenues and reduced costs. Aquilo and Broker
Assistance are also co-operating in marketing a combination of their services as
an enhanced offering to their respective clients

Well lets look at the facts here:

1. Company issues an RNS stating there was no reason for the share price to drop. It recovers.

2. They bring forward the release of the results. I have never seen a company with bad results do this.

3. They release an RNS showing that they are cost cutting.

The above facts look very promising for the futurre of Aquilo.

(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?