Guys,

I've tracked ata group on and off for a long-time and basically they are in the training and recruitment business. 2005 was a bit of a disaster and also there founder died suddenly which was also a major setback. In spite of all this eps is still around 5p, 12p 2004. If you look at the numbers you will see that t/o is up so they should be able to move this margin up, I think. Also they were heavily dependent on railway training which seems to be coming back. My belief is that they could easily recover to eps of 12p and what with a divi of 3p this year(I'll double check that?) and 6p previously, they seem to be bargain basement even though they've recovered from sub 50p.

My prediction is a steady rise back to 100p and then to 120-130, almost 100% rise maybe in a 6-12 month window, interims in sept may be even more positive about the recovery??

good luck dyor