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Ila Group Share Discussion Threads
Showing 26 to 49 of 50 messages
|Yes,, I agree. My concern is what their cash burn/reserves will be, as they are still posting losses, but they appear to be moving very much in the right direction.|
|Statement looks pretty positive to me at first glance.|
|another good order still deadly quiet !|
|Stonking good press release and no activity.
Don't you just love these micro caps !!!|
|No volume is keeping it down, the MM's have marked it down towards the placing price, though not as cruelly as some others i have seen.|
|good news but the overall market worries are keeping this down.|
|Has anyone seen any press comment
I'm surprised these haven't risen far more on the very bullish statement of yesterday|
|Another blue day for ila though only just in positive territory, shame considering yesterday's news.|
|Shares up 16% now, wheres the volume coming from??|
|Out this morning and pushing the shares higher on lots of trading:
Ila Group Limited
("Ila" or "the Company")
· Full year sales expected to beat expectations
· Integration of Premium Factory into ILA more successful than anticipated
· Sales growth expected to be stronger than previously predicted
· Expected to reach breakeven earlier than management forecast
Ila (AIM: ILA), the UK based specialist international marketing and distribution organisation, is pleased to announce that sales for the year ending 30 June 2011 are expected to be ahead of expectations. Due to the rapid success and market penetration of the brand, Ila's range of fashionable security products now sell in over 30 countries, including recently announced deals in Norway, Austria and Germany. Sales also commenced in North America during the financial year.
In addition to the core brand, the integration of Premium Factory into Ila has been significantly more successful than first anticipated. Premium Factory, acquired in March 2011, develops and manufactures promotional items for multi-nationals such as Nestle and Unilever. It has also developed a range of children's products sold through major retailers, such as Asda and Sports Direct. A number of new product ranges are expected to be launched this year, and Ila is seeing some recovery in Premium Factory's markets.
Ila has rapidly built a set of core competencies in the key logistical areas of design, sourcing, manufacturing, distributions and sales. The company has been approached by manufacturers and distributors to discuss new products and brands and this may include ranges under license in partnership with major international brands. These opportunities will be vigorously pursued.
Following extensivemarket research, in conjunction with shareholder and advertising agency BBH, Ila is on track to launch its new 'Scootrix' brand of children's products in late 2011. There is strong early interest from retailers.
As a result of these developments, Ila expects sales growth for the following 12 months to be significantly stronger than previously forecast. As a consequence, the company expects to reach breakeven earlier than predicted.
Simon McGivern, CEO of Ila, commented: "The integration of Premium Factory into the Ila structure has gone significantly better than anticipated. This has led to a number of sales opportunities, including new products and geographic markets. As a result, we continue to seek additional acquisitions that will fit into our manufacturing and distribution model. Ila's original product portfolio continues to sell well in existing markets and we continue to access new markets.
The Board is very encouraged by the rapid development the company has made and is determined to continue this momentum in the future."|
shows how the market can't digest good news
they have been winning contracts all year.. and we're sat at a year-low
|If they are so keen to give an update after 30 June the news must be good?
The German order is a pretty large one so am surprised that there has been so little reaction.|
|Hearing that ila is hosting a private client brokers lunch today, hopefully see some volume come out of it.|
|Good article in the Financial Section of the Mail on Sunday here http://www.dailymail.co.uk/money/article-1379909/SEB.html|
Commenting on the results, Simon McGivern, Chief Executive stated:
"ILA Group has made considerable progress, with sales rising four-fold compared to the last six months and operating losses reducing by over 35%. Most importantly, ILA's distribution footprint is increasing rapidly, with the Company's products now selling in over 20 countries worldwide. In line with group strategy, product ranges are increasing organically (through new product development) and by acquisition. As such, we were pleased to announce the acquisition of Premium Factory shortly after the period end. This brings a new range of products, new manufacturing capabilities and new distribution channels, most notably giving an immediate introduction to multiple retailers, including Asda and Sainsbury's, where contracts are in place."|
28/03/11 09:07 1.65 484,848 O 1.6 1.65|
|Good RNS today and steady rise. Well under the radar at the moment.|
|Nice to see this one moving up on good news and nice to see the press writing something, hope it continues, hope they have good advisors, hope my faith in the recent purchases by gurus like Nigel Wray and Andrew Black will pay off for me as well.|
|6.7million bought so far....nil sells...looks like once the buy order filled, this will motor north imo, dyor etc...|
|some massive buys going through.....as Revenues significantly ahead of prior periods and i wonder how just how transformational the rns is for this business...CEO very upbeat this morning so i expect we will see some sustained buying at these very low prices....|
|This is what the last final results (extract below) said about the outlook:
Other orders have been received from API, an Australian pharmacy group, and a
leading French supermarket.
Revenues are significantly ahead of prior periods, both within the UK and
overseas. The pipeline of potential demand from around the world is tremendously
encouraging and we anticipate significant growth for the rest of the financial
year. A number of new products are also at various stages of development.|
|looking at on line buy limits you can only get 150K.....interesting|
|how big is this news? Sounds staggering for a tiddler....
ILA Group is pleased to announce that it has reached agreements with three leading sales agencies in the US and a leading retail distribution business in Canada.
The US agents will cover fifteen states and operate 12,000 live accounts. They will be launching the ILA product range early in the New Year at various trade shows.
In addition to this, ILA has received its first two orders with Abbott, a retail distribution business in Canada which will be distributing the Company's products from early 2011.
Simon McGivern, CEO commented:
"The appointment of these four agents in North America is a major development for the Group which now is selling globally in some twenty one countries. We anticipate that these appointments will have a significant impact on the business in 2011.
The Abbott contract is also significant in adding to our existing Canadian distributers Shoppers Drug Mart and Chapters Indigo. Overall, these two developments are excellent news for the Group."|
|Unless I read it wrong the ex chairman of M&s?|