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???????

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??

do not look at todays fall in value of inter.alliance shares its really like the box of kippers that was bought and sold until some one complained about the smell. the retort was that the kippers are for buying and selling...
however make sure you are a sellar of inter alliance shares.

A slightly more positive article in Shares Mag. this morning. Now rated as a hold, future looks more positive, based on good last qtr sales performance.
It will be interesting to see if this has continued into this qtr as well. Should know more in next week's results release.
Two directors went today. Again, this'll help IAL display that they are getting their act together (fresh start after the merger fell through, looks as though BBB pulled out)

All this should have a postive impact on the shares price (IMHO, DYOR,PYO)etc..etc. Keep smiling! :)

Whats Happening

Anyone's guess.. looks as though it going tits up in a big way..There are alot of small cap shares taking a battering. However, these are good levels to be buying at IMHO... continue to keep smiling !...good luck.

i have proclaimed before and i urge again that holdings in inter-alliance are sold.

a company of this nature does not have real assets....in addition commision can usually be reclaimed by the product providers if contracts sold do not continue for a number of years

i shall be interested to learn of the average length of service of the different claases of staff.....and detailed information as to the amount of commission which each year is refunded to those product providers.....and also the amount of commission which would need to be refunded if all conracts had been cancelled yesterday--that is known as "unearned commission" and should be readaibly available from the company.
also information needed as to at what stage does inter-alliance take commission into their turnover

i guess so much will be weak within inter-alliance...unless there is clear evidence to the contrary!

I have never bought and have intentions of buying these. Though I have some information that maybe of interest to the holders. There are rumours knocking about at the moment that another fundraising may be on its way hence the drop in price...

Best Wishes.

anounced in merger talks with millfield....plenty of buying this morning

SUE Helen, u all on this thread were right. Thought to post this announcement. Shares are already 50% up. Maybe someone would care to do the fundamentals to work out how much this company is value so you know what the outcome would be if merger does happen. Anyway. Here is the news. Good luck to all holders!!

Company Inter-Alliance Group PLC
TIDM IAL
Headline Merger Discussions
Released 09:46 7 Jun 2004
Number 4654Z

RNS Number:4654Z
Inter-Alliance Group PLC
07 June 2004


7 June 2004

Inter-Alliance Group PLC AND MILLFIELD GROUP PLC in merger discussions

The Boards of Inter-Alliance Group PLC and Millfield Group PLC announce that
they are in discussions, which may or may not lead to a merger of their
companies. Discussions are making good progress and shareholders will be advised
of developments at the appropriate time.

has anyone got any information on millfield as to the possible value this merger would bring.....seems to be a bit more buying going on this morning...no movement in price yet though....