NO ONE IS TALKING ABOUT THIS LITTLE RASCAL-WHATS HAPPENING-ANY NEWS ABOUT MERGER-THERE IS RUMOURS THAT IT COULD VALUED AS MUCH AS 10P A SHARE-IS IT TRUE??IF ANY ONE KNOWS ANYTHING PLEASE REPLY-I COULDN'T BELEIVE THAT PEOPLE STOPPED WRITING ABOUT THIS SINCE THE MERGER ANNOUNCEMENT WAS MADE-BUT PLENTY OF SUGGESTIONS AND POSITIVE NOTES BEFORE THE ANNOUNCEMENT-IS IT GOING BUST???????

skyhigh,

The buy recommendation has been on over 13 weeks

consensus Estimates for yr. end 2004:

Sales; 65 million
Earnings per share; 0.10 p
Profit: 0.9 million
Dividend: 0

please remember IAL have had negative historical surprises in the past 2001/2002

Thanks Geoffrey,
Was there any estimates for the year end 2003 also ?
Cheers !

was going to sell my 50000 shares today?but held off still think that this company BBB is going to make things move???????????i hope

skyhigh,

figures for yr. end 2003

Sales: 60 m
Eps: -4.7p
Profit: -21 m
dividend: 0

I have to say I think the profit estimate for 2004 is optimistic after a 21 m loss in 2003

Thanks again Geoffrey. Agree that est. for 2004 looks optimistic. I guess we're all in for penny, in for a pound. Lets hope we get some encouraging news soon. I heard rumours that it might be today but I doubt it.... : )

5 million x trade just gone through - Will we get some news soon?

Well this little bugger has got me a spin do i sell or hold, was really confident of this play playing off, but as time draws on I'm getting more and more anxious about selling. Has anyone checked out cityequities.com, if you look up IAL on their web site everyday there is something about rule 8, anyone know what this means???????? Please help anyone!!!!!!!!

Rule 8.3 (ie disclosure because of ownership or control of 1%
or more of the class of relevant securities dealt in)

Announcement rule * relates to 5,000,000 Xtrade on the 23rd

DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) and 8.3
OF THE CITY CODE ON TAKEOVERS AND MERGERS

Date of dealing 23/03/04

Dealing in INTER ALLIANCE GROUP PLC (name of company)

1) Class of securities (eg ordinary shares) ORD

2) Amount bought Amount sold Price per unit

5,000,0000.0175

3) Resultant total of the same class owned or controlled
(and percentage of class) 71,804,199 (7.93%)

Party making disclosure SOCIETE GENERALE ASSET MANAGEMENT UK LIMITED

What I think is interesting is that these institutions are buying in at discounted rates ie 5 ,000,000 X trade @ 1.75p bought by the comp,Yet on the 23rd the trade looked like a sell at that price.
Good to see them buying in.

Does anyone know the exact date which the results are due, or where I can find such info. thanks

If you all look up IAL on cityequities.com then you'll see that their are investment companies investing in IAL. Perhaps they know something about the merger that we don't?

1% of the shares at a time!!!!!!!!!!!!11

WHEN ARE THE RESULTS DUE? ANY ROUGH IDEAS?

Some significant dates from last year might give a rough idea;

18/03/03 update :FY losses wider than expected
16/05/03 notice of results
20/05/03 Final results

You will get this info if you click on the news tab on this site.That's the best I can do unless someone has more.

Regards

Sirtoven

inter alliance drifting sideways and slightly down after a very quiet spell, wonder why the price has been weakened, perhaps news is to flow soon and we might see heavy trading! Big risk still but the upside looks massive!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

9 million shares sold and none bought by 3.30pm today. hence the price drop.

There was a small article in Shares Mag. this morning that wasn't very encouraging.... It was headed up under BBB and stated that financial product sales were not as strong as hoped for..
It also said that the proposed merger was not likely to go ahead and then also rated both shares as sells !
Apart from that - everything's fine !!!!!
Looks as though Inter's recovery plans are going to be put back and that any results will be disappointing..
Well, I'm wondering whether to finally sell up or not. I might regret this but... on my premise that it's always darkest just bfore the dawn, I'll hold on and hope for the best !...

Sometimes, when mergers don't materialise, it galvanises some companies to really buckle down and make a go of it themselves. I hope that it's the case with IAL !

Good luck all... keep smiling! :)

i would not touch this share. i guess the assets are so fragile....open them up and see i.e. if you are in aposion to do so which you are not.
ascertain what is regarded as income and when that is taken into the accounts.
examine the liabilities and how rigourous these have been defined.
towhat extent is the company protected by insurance and is any excess a single one for each and every individual claim arising ... in fact what is the amount of that excess? the regulator is allowing some firms to operate without insurance. as far as i am aware past and even new clients may well not be aware of the abscence of an insurance cover. an insurer can refuse to renew or apply horrendous terms which can result in prudent directers closing a company. why should life offices subscribe for shares beats me ..unless the life office is using money from its own policyholders with-profits fund which i would class as horrific.
we are in a claims conscience era coupled with the regulator still applying retrospective judgements
salesman can have lucrative financial incentives which can result in even the sharpest of eyes becoming blind ...and will that salesman be there in even a years time to listen to the music
in addition more and more products will shortly become severely regulated.
i am one of the greatist optimists ...but this share fills me with dread.

Sells outweighing the buys considerably today and a very low price. The share no longer looks all that attractive. Makes me wonder if the company is suffering more than it should be?? If so is there a risk the shares could be suspended??

if I was you and thank god i am not in your position. I would get out sooner rather than later, unless you thinking majorly long term then nobody knows

can anyone confirm that inter-alliance is about to change its title to ....................TITANIC?