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Inter Alliance worth buying? (IAL)     

javidshaik - 26 Sep 2003 13:50

IAL has been tipped by two people on different BB's and I was just wondering what peoples views are on here.

SueHelen - 06 Jan 2004 21:14 - 36 of 54

Neutral (Short term) - Jan 5, 2004
Has fallen 35% since the peak on 11 Sep 2003 at 3.25. Is within a falling trend and continued decline within the current trend is indicated. On reactions back, there is resistance against the ceiling of the trend channel. Is moving within a rectangle formation between support at 1.99 and resistance at 2.25. A decisive break through one of these levels indicates the new direction for the stock. The poor liquidity of the stock (traded 100% of the days, mean 5.93 mill per day) may weaken the analysis.

SueHelen - 06 Jan 2004 21:15 - 37 of 54

Neutral (Medium term) - Jan 5, 2004
Has fallen 98% since the peak on 18 Jul 2002 at 114. Is within a falling trend. Continued negative development within the trend channel is indicated. It also gave a negative signal from a rectangle formation at the break down through the support at 2.50. Further fall to 1.93 or lower is signaled. The stock has resistance at p 3.00. Poor liquidity (traded 100% of the days, mean 5.93 mill per day) weakens the analysis.

SueHelen - 06 Jan 2004 21:16 - 38 of 54

You guys may get some news on Friday regarding an acquisition IAL wish to carry out. I don't know how it will be financed but it is rumoured to be at 15 or 20 million pounds.

Best Wishes,

Sue.

dandu71 - 06 Jan 2004 22:32 - 39 of 54

sue, how you know this information, where can i find out, as a big holder i`m keen to know. thanks

SueHelen - 06 Jan 2004 23:02 - 40 of 54

Hope the below helps dandu71:

Taken from City Equities:-

DJ Inter-Alliance Grp Homes In On Acquisition - Sources
18 December 2003 12:28:14


LONDON (Dow Jones)--One of the U.K.'s largest independent financial advisors, Inter-Alliance Group PLC (IAL.L), is in talks to acquire one of its U.K. peers for around GBP20 million, people familiar with the situation said Thursday.

Although an announcement isn't expected imminently, key details of the acquisition could be fleshed out as early as Friday, one of these people said.

The purchase would add significant scale to Inter-Alliance's business, itself only worth just over GBP20 million by market capitalization.

The sources declined to disclose the name of Inter-Alliance's target, noting only the large number of IFAs operating in the U.K. and the fragmented nature of an industry ripe for consolidation.

At 1220 GMT, Inter-Alliance shares were flat at 2.25 pence.

Company Web site: www.inter-alliance.co.uk

-By Sarah Thompson, Dow Jones Newswires; 44-0207-842-9280; sarah.thompson@dowjones.com


(END) Dow Jones Newswires

18-12-03 1228GMT

SueHelen - 06 Jan 2004 23:03 - 41 of 54

Is is past-dated, so I don't know about the accuracy.

GoodNight.

ratnakumar - 07 Jan 2004 10:07 - 42 of 54

what's happening.....?
expecting some news from IAL, but web site is under-construction. any body with info is welcomed.

thanks

CaptainNaylor - 07 Jan 2004 13:38 - 43 of 54

I also bought into this company after reading two positive articles in the shares mag. Aswell as Royal bank of Scotland and Norich Union Henderson global investment own a large % of the shares (have proven track record with investments). I bought in at 2.75p and have since lost nearly 30-40% of my investment. I stronlgy believe and hope that the comapny will tunnel it's way out of this proverbial f**king hole! Good luck everyone...............

skyhigh - 07 Jan 2004 15:40 - 44 of 54

I bought in @ 3p 4 months ago on the back of shares mag. it should be a good recovery play. I wish got some more earlier today @2p.
I'm not entirely sure how it all works but... I reckon the price has been driven low to ensure that there is anough institutional interest/support to underwright the funding for the aquisition. Normally when an aquisition is announced a share placing is also announced to fund the move. If this happens the share price stays the same or goes down !. Lets hope it's different (skyhigh ?) this time round. ! and lets hope it's soon..... good luck all :)

dandu71 - 07 Jan 2004 17:04 - 45 of 54

thanks sue, one hell of a rollr coaster ride for ial today, i too bought at 3p back in october, i`m hoping it`s only a matter of time before it turns but there was some big sells today which i can`t see as a positive sign if people are wanting to get out??

CaptainNaylor - 07 Jan 2004 18:07 - 46 of 54

true big sells today, but only investers fed up of waiting for something to happen. Keep the faith everyone and lest see what happens on friday!!!!!!!!

dandu71 - 07 Jan 2004 21:51 - 47 of 54

aye aye captain, I too have a lot of faith in the company, lets keep up the positive vibes, if anyone has any news at all please post. Thanks.

moneyman - 07 Jan 2004 22:14 - 48 of 54

Reminds me of RDN before the bounce

Talkpanerai - 08 Jan 2004 11:19 - 49 of 54

The price is going up, any particular reasons?????

ratnakumar - 08 Jan 2004 11:27 - 50 of 54

i am suprised too. any news?.....
may be awaiting a big move 2mrow....friday.

neilpos - 08 Jan 2004 12:11 - 51 of 54

Lots of buys today but can't find anymore news.....

CaptainNaylor - 08 Jan 2004 12:14 - 52 of 54

LONDON (Dow Jones)--One of the U.K.'s largest independent financial advisors, Inter-Alliance Group PLC (IAL.L), is in talks to acquire one of its U.K. peers for around GBP20 million, people familiar with the situation said Thursday.

Although an announcement isn't expected imminently, key details of the acquisition could be fleshed out as early as Friday, one of these people said.

The purchase would add significant scale to Inter-Alliance's business, itself only worth just over GBP20 million by market capitalization.

The sources declined to disclose the name of Inter-Alliance's target, noting only the large number of IFAs operating in the U.K. and the fragmented nature of an industry ripe for consolidation.

At 1220 GMT, Inter-Alliance shares were flat at 2.25 pence.

Company Web site: www.inter-alliance.co.uk

Just thought |I would pop this on the site if any of you hadn't already read it! Cheers people and good luck................

ratnakumar - 08 Jan 2004 14:23 - 53 of 54

any news been leaked out early?
buying volume so high so far. recken, its goin to be a good news 2mrow.

best wishes for all those who hold them.

thanx

ratnakumar - 08 Jan 2004 20:21 - 54 of 54

Late trades(selling)that too big qty.....anybody with info? pls.














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