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???????

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?

Looks as though it's still gonna sink whatever name it is !
But.. I'm stupidly hanging on hoping for the best outcome and going for broke on this one. (I've been a long term holder). Looks as though I'm gonna sink with it ! :(

I too held these a long time - since last Sept and only have a small portion of my original holding left.I lost quite a bit on this one but I don't think it will sink just yet.The lack of information really kills the share price.

They have'nt had to look for anymore cash since the last placing (15m)so I believe they have managed to cut costs to some extent although not as much as was hoped for.Remember H1 loss of 20m+.

BBB managed to cut their losses more significantly at their last results and may have seen an opportunity to use their experience in cost cutting in a merger with Ial.

I feel the share price could fall further before the results at the end May.So will look to some good info in the results before I buy back.The merger still makes very good business sense for both companies so I don't think that saga is over yet either.

Just my opinion

Goog luck to all

Sirtoven

sirtoven.
Thank you for your views which I mostly agree with. Looks as though we're being softened up for a much lower price on this one as price keeps falling a little as each week goes by. If merger does go ahead, It'll be interseting to see how they fund it. Can't see how we can be anything but worse off in the short term.

Also, last week, Shares Mag. commented that the merger with BBB is unlikely to go ahead and rated both shares as sells. This after SM rated IAL as recovery play last Sept/Oct.

However, SM could have this wrong as they have been with other shares. Take Zi Med, which I've been in a long time, over a year ago they rated them as a sell at 4p.. now look where are !

Be intersting to see what eventually happens..keep smiling all, remember ..it's always darkest before the dawn ! :)

IAL down again. Has anyone any comments ?

Geoffrey.R,
As mentioned and expected above, lower price is here ! could even go a bit lower still. Good time to pick up more. (DYOR & IMHO)
I believe price is being driven lower to enable a big institution(Soc.Gen) to buy in at a low price. (and maybe to get the proce down to level where they will get institutional funding support for the merger, if it goes ahead).
I don't think it's all gloom & doom. All should become clearer by 20th May.
Could even be earlier to ensure they take us all by surprise.!

I'd be interested to hear other news & views also. Keep the faith !

i say again .......you must dump the shares. in this type of operation once the covers are taken off there is the absence of true assets and liabilies spread faster than the most severe cancer. you must dump the shares before sale costs exceed the share sale value.

LOTS OF BUYS YESTERDAY AND TODAY - ESPECIALLY THIS AFTERNOON!!!!!

does anybody know whats happening with this company?????has i am very close to selling the lot and getting out 1/4 less????

All buys today. I am hanging on to see what happens, seems to be some support at this level.

Well, Shares Mag were right 3 weeks ago when they commented that the merger talks were off !
I guess we'll have to wait for the results to come out around the 16th - 20th May and hope that there's some good news in the announcement.
Be interesting to see what will happen to the share price now ? Could strengthen ?

SP has strengthened ! Good trading statement released today with results to be published within the next week or two. !
Although it looks as though the recovery will take longer than predicted at least there is now light at the end of the tunnel. I'm staying in IAL for the long term ride.. will be worth it. should be a 10 bagger within 18-24 months :)(IMHO, DYOR)

Congratulations on hanging in there skyhigh!

I hope this will be the turning point for the share price.

Regards

Sirtoven

i am still of the view that one should ditch the shares pf Inter Alliance.
quite appart from the nature of business done there is the huge open ended liability via the financial services authority......the FSA applis rules on a retrospective basis so one does not get the benefit of common law. in addition one does not even gain the benefit of the Limitation Act.

no other class of commercial company could afford to be exposes to liabilities on such an open basis.....unless one had entered into a particular contract in which event one would or should have priced according to the liabilities of the contract.

I am just glad to finally hear something after all this waiting. I am too holding onto IAL, may have lost a fair bit at the moment, but am confident IAL will pull through now.

Yeah it is good to hear some positve news, i`m way down on my investment like many other people, i`m just holding the stock and seeing what comes of it, who knows where they might be in a couple of years time??