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

I agree with you skyhigh. Also FT.com have a consensus forecast which rates this share as outperform

i too hold 350000 shares in this company , big companys like royal bank of scotland have large holdings in this stock? do they see a winner?????????????

Glad to see that there are other holders out there in the same position as me..
watching & waiting (bitten nails etc !..)Thanks for your encouragement Geoff. Lets hope we start seeing some good news and movement on this one soon !?

thanks for that skyhigh ,i am not alone then?????? i beleive the stock market at the moment is a very good time to invest ,3 years ago i started investing and what ride.it can only get better??

FYO:

"Positive cash flow should commence in the first half of 2004 and that liquidity reserves will hold until that hoped-for creeping tide will start to moisten the parched balance sheet - and give sustenance to the share price"

Investtech Update:

Neutral (Medium term) - Dec 5, 2003
Has fallen 98% since the peak on 29 May 2002 at 124. Shows a weak development within a falling trend channel. A further negative development is indicated, and there is resistance against the ceiling of the trend channel. 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 broken down through the support at p 3.00. This predicts a further decline. In case of positive reactions, there will now be resistance at p 3.00. The poor liquidity of the stock (traded 100% of the days, mean 6.94 mill per day) may weaken the analysis.

Sue.

Thanks Sue, under chart analysis it currently looks negative towards IAL but as we all know there are always two sided to every coin. Although I do not dismiss chart analysis in my observations and research of a company I tend not to read too much into it, I prefer much more to read statements and literature about a company rather than analysing mathmatical trends. I do agree that IAL is in a hole at the moment and does require some good news to get the momentum to see it out which I don`t think will happen until way into next year, if and when the group become cash flow positive.......

Very true dandu, but I would expect the price to be at these levels for another 2 or 3 months. A comparison of IQE which was at 2.25-2.75 pence for about 6 months last year before the good trading update came from them in August.

I do have this stock on my monitor but it will some time yet before I do become a holder. Once the company does become cash flow positive and come out with good trading updates then the upside I believe from these levels will be huge.

All the best.

Sue.

Thanks Sue, I do agree 100% with what you have said, with all penny shares the risk is high but the potential capital gain can be considerable, i have these in my portfolio and are just sitting patiently for them to upturn, i think it`s either sink or swim for these guys. They have a good manager, have streamlined the business and are looking more hopeful, natrually i`m keeping a close eye and may even add should the price fall again.

Daniel

Any info since ? rgds aj

Down again to 2-2.5p. I can`t find any reason why this would be so, sells are outweighing buys so there`s gonna be lots of supply of these which would help push the price down. I just hope it comes good in 2004.

lets hope so dandu71??????????????????????????????????????

Hi Llewellyn, are you a shareholder yourself and if so what are your views on the current situation?

hi dandu71 yes i am, i brought into the stock at 3p after reading about inter-alliance in ic,and i believe that this company will make next quarter profits and also i read that royal bank of scotland,norich union have great interest in the company? i hope that has helped you. let me khow if you find out any more info

Hi LLewellyn, Your comments about RBOS & Norwich U. interest may be about the rumours going around that maybe, just maybe, there was going to be something announced before the end of the year that would greatly improve the current share price instantly.

I too, bought in at 3p a couple of months ago on the strength af a "Buy" rec, in Shares Mag during late summer and also my broker advice.
It's gotta come good some time, lets hope it's very soon !
Good luck all.... :)

skyhigh, any chance you could be clearer as to what rumours you have heard. i have this stock on watch and feel almost ready to jump in but would like some more info first

Hi Bosley,
Unfortunately, I cannot be specific about the rumours,if they are true or when it will happen. I was informed about the rumours from my broker a couple of weeks ago. He said they could go up to about 10p before Xmas ?. He may have just been saying that to cheer me up after a couple other shares went a bit pear shaped ! However, Inter A. are a good recovery play. should be break even by end Q1 2004 and big profits after that. Mainly due to cost cutting but also improving financial sector. Also, there was talk of aquisitions being made as well (this/nextqtr). On the other hand, they may be subject of bids from larger co..
I reckon a good punt at the current 2.25-2.75 levels, (the downside is virtually zero) good time to get in but it is speculative. It's your decision. good luck.

skyhigh
I agree, a good buy at these levels.2.3p to buy at the moment. I have increased my holding this morning.

thanks SH and RM, i`ve been digin but can`t find any more information on this matter. Thanks for your information, has brought a much needed smile to my face. D

who went in and got 20 million right at the death today? what have i missed?