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.

jules,

yes the chart looks as though it may head north towards 30p!

and up today > buy price this am 31p +13%!

at least i got it right to this point...nowtthe interesting part..31p+..???

jules.

+18.90% today 30/31p at close...

Unfortunatly not many followers on this board?

AIT (AGP) ended week at 30-32p, volatile as any AIM share but remeber this share was once worth...450.00 squids..!!!

the bottom was no doubt touched. and a rise from the surface was inevitable from that level.


Results still not out, but have to be very close now, (yr end march 31st)

jules.

I suspect there may a few, who like me just read this BB rather than participate!

My tiny holding is currently worth less than the dealing charges and I don't think I'll ever recover the money invested. Have considered buying in to have another go with this one, but the old adage once bitten, twice shy is holding me back!

hi im fairly new to this board....really like this one but cant work out why its dropping at the moment....probably should have sold at 31p and then bought back in....if only we had hindsight.

personally will hold, will fly once positive news comes out.

Now 33p to buy +0.5p

still waiting on results...anyone else heard news from other bulletin boards?

jules99

I hope you are right, perhaps it's thought like the following that has help the price drop this week to it's current level - Taken from another BB Posted on the 17th June:

frankly, they bought EDGE's customers - EDGE had a good product, but it fell behind the times, so the company tried to create a new, improved version (in java, with all the 'cool' bells) which turned out to be complete pants.
At the time,. buying EDGE seemed to be a very good idea - portrait would be out, fast and pretty, and all things to all men, and the EDGE customers would fall over themselves to buy it. Pity Portrait at the time at least, was just as much poop as EDGE v2 was....

AIT has a good plan with sticking to NT - Microsoft gave a great deal of support, and it'll play out nicely to small to mid-sized companies wanting CRM (sorry CIM :-). AIT would never get to play in the world dominated by the likes of SAP and Siebel, so its a good strategy not to bother trying. NT-based systems are much cheaper for small companies than the UN*X equivalents (especially when you start adding the cost of Oracle and J2EE solutions)

Now the question is whether the old strategy still holds - will the smaller players buy from AIT given its recent shaky financial position. A large player (ike Nationwide) can hold up if AIT went under - buy the source and hire staff, small companies cannot do that.

So, again, the results are key - the upcoming ones, and the next - before anyone will really commit to AIT. Can AIT hold out long enough?!?

However, after the way the company was mis-managed, and the arrogance and incompetance of some of the 'top' people there, they deserve to go under.

Results were a joy...better than expected and news that it is recovering well and taking right steps...

The price has gradually started to do what I hoped and surpassed the 30p+ mark...

this morning AIT stands at

39 -41p to buy..!!!


next target i think is 50p+

a pound would be great but lets hope it is a gradual upward movement over the coming months...

good stuff..

jules99.

more on AIT :

RESULTS FROM AIT confirm that the recovery is on track. second half results were ahead of analysts expectations, with an operating loss of 2.3m versus the first halfs 14.4m. Second half revenue of 9.2m was 9% ahead of the first year.

cash at march 31st was 2.7m versus long term debt of 9m. The company is raising 5m by the issue of 5 year unsecured convertable loan notes, which are convertable to shares at 25p.

the current year has started out well in terms of new licence wins.


Tech Periodical writes further this month, earnings per share are forcaste at 9.4p per share, Even after the very large rise in the shares over the past couple of months, the prospective PE is just under 3.0...!

Nuff said on AIT for the week...

trying to help...but Do your own research as always...
good luck

Jules...

AIT coming to life this morning...good sentiments on BB's over weekend, not entirely sure...but im not complaining..

40p to buy up 2p, hopefully breaks through to 40p+, after 50p the territory is open...!!


good luck to all followed when others were ignoring...

I know how you feel. Sometimes I wonder how many people are out there!

Just keep posting - sometimes someone will also join in for a while, but most times they just read, research, read etc, etc.

keep posting, keep posting.

there are people out here (i think) but with nothing specific to add on this stock.

fwiw - i'm currently in on Cyprotex (crx) and watching that one go. one other that i am tracking is Marlborough Stirling (MAS) - business went bad due to management change - the original guys have come back and getting it back on track - good recent results - longer term though..imo

any others worth tracking?

Thankks for the info on that will do some research on them ...

BUT look at AIT...MY..MY...SINCE THIS MORNING JUST CAME IN AND...UP 17%...!!!

nearly 50P ...AFTER THAT god knows wher it will go...

jules.

not a big spread either!

Decided to jump in and purchase a small amount earlier! Will have to wait and see if I missed the boat, or managed to get in just in time!

Petite woman...I may purchase a few also, hopefully before the spread widens, at 46/47p...it can be volatile, but you have to move to fast, with techies as we all know from past...not a bad day however for AIT, at one point I thought 50p+ was about to be seen over the horizon, but they dropped back before close...!

After Wall st and Techs rally tonite, tomorrow will be a good day, others I think will shift this week I think are Fibernet, Psion, and of course the results of PACE MIcro, should see them rise further...before next week, hopefully positive signs..

jules.

The good news today is, or at least in my opinion, especially for AIT Group, IT company solutions Company thats back on track again is ...

Finsbury Asset Management/Finsbury Technology Trust PLC today disclosed they now hold approximatly 2,439,091m ordinary shares, representing 9.89% of AIT Groups Capital.

For any new and existing holders of AIT group, thats definately good news all round, and should give holders confidence.

Price today held at 45-46P, If the stock does move above 50p then Im not sure just where it will settle according to the charts, it is volotile, and rises and falls can be rather great from past...much prefer a huge rise and a small fall back..(depending on which way your playing the market...)

If would be nice to hear an announcement by the group, nybody know of recent press cuttings etc...

jules.