ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

IOM Iomart Group Plc

135.75
-1.25 (-0.91%)
18 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Iomart Group Plc LSE:IOM London Ordinary Share GB0004281639 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  -1.25 -0.91% 135.75 115,381 16:35:08
Bid Price Offer Price High Price Low Price Open Price
135.00 136.50 136.50 136.50 136.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Services, Nec 115.64M 7M 0.0624 21.88 152.96M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:36:48 O 35,000 135.1429 GBX

Iomart (IOM) Latest News

Iomart (IOM) Discussions and Chat

Iomart (IOM) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-04-18 16:36:49135.1435,00047,300.00O
2024-04-18 14:52:38138.0047,69465,817.72O
2024-04-18 14:49:09135.00494666.90O
2024-04-18 14:45:35135.501,5702,127.35O
2024-04-18 13:55:44135.502,5003,387.50O

Iomart (IOM) Top Chat Posts

Top Posts
Posted at 18/4/2024 09:20 by Iomart Daily Update
Iomart Group Plc is listed in the Services, Nec sector of the London Stock Exchange with ticker IOM. The last closing price for Iomart was 137p.
Iomart currently has 112,061,064 shares in issue. The market capitalisation of Iomart is £152,963,352.
Iomart has a price to earnings ratio (PE ratio) of 21.88.
This morning IOM shares opened at 136.50p
Posted at 12/4/2023 14:02 by kalai1
iomart Group plc issued a pre-close trading statement for the year ended 31 March 2023 this morning. The Group expects to deliver FY performance in line with market expectations. For the year ended 31 March 2023, the Group expects to report revenue of approximately £115 million (FY22: £103.0 million), adjusted EBITDA of approximately £36.2 million (FY22: £38.0 million) and adjusted profit before tax of approximately £14.6 million (FY22: £17.1 million). So a return to topline expansion with some pressure on margins, but still generally profitable for the sector. Net debt was roughly steady and comfortable at around £41m. Valuation is also relatively attractive with forward PE ratio at 10.8x top quartile for the Software & IT Services sector. Share price remains in a longer run correction and lacks positive momentum for now, there is no rush to buy. IOM is a share to monitor for now...

...from WealthOracle
Posted at 25/1/2023 11:47 by 2lb
Still unexciting.

One wonders how they are going to deliver on that £200m revenue target within the next three years outside of passing on energy price increases.
Posted at 10/12/2021 08:30 by knigel
Agree - barring any more nasty surprises - the share price should gradually move back upwards from this low point but I am not expecting it to happen overnight gla
Posted at 10/12/2021 08:21 by r2oo
We'll the share price hasn't reacted much to that earnings report, must have already been widely priced in then?
Posted at 07/12/2021 10:03 by gopher
I agree that are results in line with lowered expectations and with a share price already lowered these results seem to set a baseline for the refreshed strategy.One to keep a close watch on as cheap if strategy comes to fruition.
Posted at 13/11/2021 19:26 by simon gordon
Liontrust UK Small Cap fund - 10/11/21:

Unfortunately, the portfolio’s largest absolute share price move in October was a negative one, as Iomart (-32%) fell heavily. The company has been slow to adapt to the changing market environment in which it operates – notably the dramatic shift from private to public cloud, which was accelerated by the Covid crisis. It issued a profit warning in April and another in October, noting that customer churn remains higher than usual and revenues from hardware reselling and one-off consultancy have dropped. We actively continue to assess Iomart’s business prospects within the context of this shift.
Posted at 08/11/2021 15:54 by sphere25
IOM flirting with a key level in trying to push for a short term bounce higher, but there are automated sell orders which keep hitting the bid at these levels. It is keeping a lid on the bounce, could be a short term top too so something to keep a closer eye on.

IOM is prone to sharp moves and been a nice one to nip in and out of in the past so always worth keeping an eye on, but yes short term aside, it looks far more tricky going forward.

They had a knack of putting out little downgrade statements and then hit the market with much more of blow. It is hard to rule out another downgrade, so it's a call on where the bottom of the earnings are and whether the market value takes that all into account here?

Furthermore, if there is another warning, will the market be happy to value IOM at least back up here after it all plays out?

And if a suitor does pop up, will they value it at least these levels?

Personally speaking not interested enough at the moment (but if pushed, I'd wait for further trading update's if taking a longer term view) and paying less and less attention to fundamentals. Now mainly trying to piggy back off breakouts, volume, momentum and tips but these are all things folk will be considering.

If you look at market activity, someone has picked up 772,394 at 144.7p last Monday.

Possible signal?

Clearly that buyer must be thinking any further downgrade's (if any in their mind) will get bought up to at least that level or that corporate action will take place to at least hit that mark. They might come in and gobble up more large chunks on significant weakness.

They could of course be wrong and any ultimate outcome end up lower, but that is the tricky nature of navigating market's. Everyone has a view and makes a call.

I just try and piggyback of short term moves,and if they don't work, exit.

So more to consider here for folk, but even for us short termers, not that smooth out there. There are a few of these shares about which are flirting with key levels but not breaking out e.g. NCC, TED, RMM

Trying to find and trade the breakouts and short term bounce candidates OUTSIDE OF NEWS. Clearly the likes of TED could put out a warning on supply chain issues so have to tread carefully.

The market could eventually look beyond such statements, but what if there is another IGR out there. Rather not take the risk.

Anywho, rambling on.

I'll keep an eye on this.

All imo
DYOR
Posted at 25/10/2021 11:25 by eastbourne1982
Share price down nearly 60% since the start of 2021.
Posted at 15/10/2021 16:12 by hanilton 09
The subsector of cloud they are working in is gradually shrinking, market forces from Microsoft and Amazon. Share price now is probably right
Posted at 09/10/2021 19:38 by bunlop
This has hardly been under £3 during the last 5 years until recently. Is this fall covid related or have things really turned so bad for IOM ? IOM seem to me to be respected in the expanding market of the cloud with good customer retention.

I have not been following the competition (I am beginning to wish I was not following IOM) so have no idea who may be interested in a takeover but at these prices it may have popped up on someone's radar.

Directors have made small recent purchases so no one can be knocking on their door just yet.

Just hoping that the fall is over done and we see a swift return to £2.50 plus. DYOR as I only follow what the company publishes and like the Octopus holding here as I rate Octopus and they are not selling up.
Iomart share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock