The chart is worth a look, If they go past 30p resistance level, may consider again, will look to jump in. after that who knows,

the company is set to make announcement for march 31st - yr end..

24/27 +2p at close.

JULES.

Syed

Take a look at "research" - between "trades" & "quote" - that's a good starting point.

Also directory just below it - has suggestions where you can buy shares on line etc.

- don't invest if you're not prepared to lose money! I have some AIT shares I purchased in early 2001 which are now worth less than the dealing charges to sell! Because I have them I have been watching this share, and purchased & sold twice, to try and recover some of the losses I am going to make on this share. Hopefully with the new management in place, in time I will not only manage to break even overall, but have the confidence in this company to actually hold the shares long term!

LW

Ait down this am...BUT...making a comeback from profit taking with Market makers making the initial Buy move..sexy huh...

recovering at 84/87P to buy now...

Little Woman Thanks for the advise

Hope your shares in AIT go up.

Syed

AGP 1 YEAR Charts reveal an upward curve recovering again from profit take last few days, my prediction after examing charts is upwards from 83-110 and then hitiing-150 level before dropping back a little...if i am correct then the Dr Peppers are on me...(my fave drink btw...)




Some interesting news I also dug up, Rights Issues last year given to Institutional investors were set at 83p level, NOW THATS WOKEN YOU UP...!!!

So can expect institutions wanting their investment above current levels, if they are wise...

Lets see how the week turns out...

Some more Istitutional holdings news I found on another board...Institutional CONFIDENCE is important I'd say..


AIT Group PLC
21 July 2003

AIT GROUP PLC ('the Company')
HOLDING IN COMPANY

The Company today received notification from Close Asset Management Holdings
Limited that Close Brothers Group plc has a total holding of 4,665,352 ordinary
shares of 2.5p each in the Company, representing approximately 18.92% of the
Company's issued ordinary share capital.



The shares are held by the following:


Finsbury Technology Trust PLC 2,439,091 9.89%
3 Venture Capital Trusts (each below 3%) 1,371,430 5.56%
3 Discretionary managed Institutional clients (each below 3%) 854,821 3.47%
------------- ----------
TOTAL 4,665,352 18.92%


END

AIT Group PLC
07 August 2003
AIT GROUP PLC ('the Company')

HOLDING IN COMPANY


The Company received two notifications on 6 August 2003 of an interest in the
Company's ordinary shares of 2.5p each ('Shares'), as follows:

Date of notification Declared interest % issued ordinary shares

5 July 2003 2,271,428 Shares 9.21%

6 July 2003 2,121,428 Shares 8.60%


The resultant interest of 2,121,428 Shares interest was notified for The Royal
Bank of Scotland Group plc, and on behalf of The Royal Bank of Scotland plc and
West Register (Investments) Limited.


END




This information is provided by RNS
The company news service from the London Stock Exchange

first day AIT Group has not moved for a while...MM myst be relaxing with takila and a sombero....

Jules.

Plenty of Profit taking place...

jules..

Very happy to see all the profit taking done today, with that out of the way, I feel much better...

AIT long term holders can now wait for the next level to take place...target of 1.00+ could well be in sight for next week, as always Contract news and an announcement by the Group would be even better...

Ended day at 80p/83p to Buy...buyers jumping in at 77p...couldn't purchase any myself as was upto limit on deals this week...sigh...

If anyone sold these today, I guess they'll be buying the rounds this weekend...

Ta..
Jules.

I am not a holder but would anyone who has followed this share like to comment:

There are 24.7m shares in issue. If approved at the November AGM the 5m loan notes will be converted into 22m shares. Won't this will have a significant effect on the share price?

Perhaps I have missed something.

macs

I know what you mean! They had a rights issue back in Oct 02 @ 87.5p (Ordinary shareholders (of which I was one, and did not take up the issue) only took up 17%, so I suppose the only way they can keep going is with the loan note as the existing shareholders aren't interested. To be honest at the time we were really pissed off with the board of directors, they had announced that they were doing really well, and then soon afterwards announced they had lost a fortune!

I've bought and sold twice on the rise in the last three months and make a nice profit (certainly help towards reducing the losses on the shares I got back in 2001) as I don't have the confidence to hold for the long term!

little woman

Thank you. A new management team came in 1 Sep '02 so let's hope this wasn't a precedent. Still the AGM agenda if implemented is pretty difficult to evaluate and I shall watch from the sidelines as I don't go in for very short-term trades on purpose.
Good luck
macs

On the move again at last...price last seen as 89p to BUY...!

mm's very clever on AIT last few days, keeping spread wide to flush out sellers at lower price, 81p to sell hence buying back at low price and selling at 85p...trying to buy in at cheap...nasty buggers...


beleive there will be an announcement some time soon, there has been none since the results in June...exactly...I assume a trading statment is probably more the likely statment that comes to mind ...with agm...

Good luck holders...

Excellent AIT Price dropped to 74p to buy at I write..me thinks its time to Load up again...



Good luck for the next round..

:-)

Just got back... excellent price did rise back to 79p to buy...hopefully all short term sellers have done and price starts to surge back up to the next break level before or after AIT's AGM/EGM, announcement should most likely have a trading update as well...

little woman, have you heard anything more from ur side..?

jules

Calld AIT group to find news about exact AGM/EGM date and company news in general..Was told they would call back with more news as they are in meeting now...

I will post most likely tomorrow i think...

jules.

I was looking back at the posts, and there is a mention of a November AGM/EGM, and I must admit I'm sure it was posted on the AIT website - but just checked and it's not there. I'm wondering if something is up?

Extraordinary General Meeting

NEAR THE END YOU WILL FIND:

The Circular contains a notice convening the Extraordinary General Meeting, to
be held at 10.15 a.m. on 16 September 2003 (or, if later, following the
conclusion or adjournment of the Annual General Meeting) to consider an ordinary resolution seeking the approval of the waiver by the Panel of any requirement under the City Code for the members of the Concert Party or any of them to make a general offer to the Independent Shareholders as a result of conversion of the Loan Notes and/or the Director's Loan and Former Directors' Loans and to seek the necessary authorities and disapplications under the Act to permit the Board to allot the New Ordinary Shares arising upon such conversion.

rns issued by company this morning confirmed that agm to be followed by egm is to take place on 16 sept 2003.

cOMPANY NEWS TODAY i WILL POST A BIT LATER..

:-)))))))))))

GOOD NEWS AT LAST...!!!

AIT reschedules debt payments
AFX
It also hopes to ensure convertible loan note holders are not obliged to bid for group

AIT Group PLC said its financial position has been boosted by rescheduling significant debt obligations to the Bank and to IMA. AIT shares rose 0.6% to 79p.

It also announced today that it is seeking a waiver to takeover rules so the concert party receiving convertible loan notes in the group's 5 mln stg fundraising, as announced on June 25, is not obliged to make a mandatory bid for the company.

The holding of the Concert Party receiving convertible loan notes under the issue currently represents approximately 41.2 pct of the issued share capital of the company. Following conversion of the loan notes and the director's loan and former directors' loans, the concert party will together hold approximately 51.3 pct of the fully diluted issued share capital of the company.

The issue of convertible loan notes was announced on June 25 in order to raise funds for the group to strengthen its balance sheet and to provide additional working capital.

The bank has agreed to provide the company with further financial assistance by deferring 1.125 mln stg of scheduled term loan capital repayments previously falling due in financial year 2004. The Bank has further agreed to provide a standby working capital facility of 0.5 mln.

As a result of this revision to the company's banking facility, the 1.125 mln stg of bank debt shown in the 2003 balance sheet as falling due within one year will no longer become payable during the 2004 financial year.

In addition, IMA has agreed to waive 157,500 usd of interest payable on the outstanding IMA Note and to defer the IMA Note capital repayment schedule by six months so that the capital of the IMA Note now becomes repayable in 10 quarterly installments commencing during January 2006.

In addition, the company has agreed with director Richard Hicks and former directors Garfield Collins and Carl Rigby, that in consideration of the release of the company's obligation to repay the outstanding loans of 796,298 stg owed to them by the company, they would be allotted in aggregate 1,061,730 new ordinary shares.

An EGM will be held on Sept 16 to approve this share issue and the conversion of the loan notes into new ordinary shares.

AIT also updated on trading today. It said that, with the revenue base now stabilised and costs reduced significantly to reflect the changed circumstances of the company and the general trading environment, the company now has a solid foundation for the continued implementation of the turnaround plan.

The objective of the next stage of the turnaround plan includes the stabilisation of AIT to demonstrate that the business is under strict financial control and is profitable.

'This stage began at the start of the current financial year and is expected to last for twelve to eighteen months.'

The company said it is now actively pursuing the development of the business in order to
become a leading player in its market sectors. The directors plan to achieve this by exploiting the clear technical lead of AIT's Portrait product and through the expansion of the company's international sales capability through direct and partner channels.

The directors' objective in the third stage of the company's turnaround plan is to return AIT to the type of growth and profitability experienced during the first fifteen years of the company's existence.

The Concert Party subscribing for the company's Loan Notes includes Bessemer Investors and Stavco Arbitrage Group LLC, the Arbib Family Interests, Nicholas Randall, Trustees of the NJ Randall Settlement 2001, Trustees of the NJS Randall Accumulation and Maintenance Settlement, Richard Hicks and Geoffrey Probert.