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.

So this is why the price has been going up!:

AIT GROUP PLC ('the Company')
7 August 2003

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

Do think this week will see it surpass the 1.00 mark, was interesting to notice market makers were shorting the stock last week to bring in sellers, and were successful at it...

however it fell to the 83p level at which point buyers jumped in again, I think if it reaches past 1.00, then next break level could be 1.40/1.45, though it is hard to say exactly, will be interesting to see how the demand picks up or not as the case can be, However if there is a Contract win or decent company announcment by AIT, then expect the stock to shoot further towards...well i'm not saying!

dyor as always...

Good luck.

jules

slowly creeping up...97p to BUY...

:-)

Jules new at this what tips can you give have been following your track.

Sorry Syed, I dont give out tips of any nature...just opinions and thoughts of the day...

Stocks can go up AND DOWN...we forget this sometime...

AIT Group share price went up a hell of a lot in the past (equivalent to 450.00 quid...I know shocking...), I bought at a good price recently and have been following the Company since it began to rise and got back on track to recovery and strategy making sense again...

In doing so Institutional investors came on board and following the recovery of this Growth company again...

DYOR..

Good Luck..

No probs Jules, sometimes some of the names mentioned on this site i can't seem to find on the London Stock Exchange website.

Also because new at this where do I go to buy the shares on line ??? any suggestions maybe on this - you can tell I am new at this. But just got some money and would like to see if i can make some money. We will see how that goes on.

Thanks for your msg earlier. Till then .. Also you mentioned DYOR - where is the best please do the research


Syed

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..

:-)