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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Imagination Technologies Group | LSE:IMG | London | Ordinary Share | GB0009303123 | ORD 10P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 181.25 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 181.50 | 181.75 | ||||
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 181.25 | GBX |
Imagination Technologies (IMG) Share Charts1 Year Imagination Technologies Chart |
|
1 Month Imagination Technologies Chart |
Intraday Imagination Technologies Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 19/9/2023 | 11:42 | IMG - OMG | - |
| 18/11/2021 | 12:56 | IMG - 1Billion Chips Per Year Within 5 Years, Via Apple Intel Sony Android etc | 29,127 |
| 02/1/2020 | 09:46 | Imagination technologies group plc | 4 |
| 26/6/2017 | 08:55 | Imagination on iii -Nintendo is introducing its new technology breakthrough this | 34 |
| 03/4/2017 | 08:18 | IMAGINATION - All The Way Down To 80p ??? | 481 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 19/6/2020 11:07 by srsm Tech takeovers feed into China Cold War fearsIMG in the news. Should have been in the news these days for breaking into the FTSE100. Or similar successes. Apple built a global titan in part due to IMG PowerVR making their new smartphone a practical proposition. And then knifed them - to no ones benefit. The New Tech Cold War will be broadcast on BBC Radio 4 at 11:00 on Friday and again on Tuesday at 16:00. BBCRadio4 |
Posted at 11/6/2020 20:34 by srsm I'll plump for Apple as chief morons.But IMG should have been profitable enough to survive without Apple. After all, on the spirit of 'Intel Inside' inferring that a PC/Laptop is just a box for an Intel CPU I think it can be argued that a smartphone is just a box for a power sipping 2D, 3D and Video processor. Plus some other bits of course. And IMG had the best tech for that plus Ensigma etc. So pretty much the most important IP for the most ubiquitous and critical consumer technology ever made where punters barely care about the price... and replace them every 24 months... and still IMG couldn't make a decent profit. Bizarre. I wonder if they'll 'unsell' themselves from the Chinese owners. How'd that work? |
Posted at 11/6/2020 14:58 by life of crime To answer your question SRSM, I think the biggest morons were the UK govt for allowing the deal to go through. However, at the time Theresa May was distracted by Brexit and was sucking up to China in the style of Cameron/Osbourne.The second biggest morons were Apple for not buying IMG when they could have had the whole shooting party, i.e. Pure, MIPS, Ensigma etc, for peanuts and sold or kept whatever they wanted. I would not classify the shareholders as morons (I had already sold up by then) because the firm was on the way out at that point and the Chinese had the only offer on the table. Otherwise the liquidators could have been called in and it would have been a fire-sale where the shareholders got nothing. The way things are going today they could have asked the govt for a bailout in exchange for some equity! However, it was funny to see Apple crawling to them when their backstabbing misfired! Perhaps now they will stop trying to recruit GPU engineers from IMG's HQ to their R&D lab down the road at St Albans. P.S. I am sure IMG will be a lot more cautious about sharing their IP roadmap with Apple in future! |
Posted at 09/6/2020 19:37 by srsm Anyone hazard a guess at to what Apple were up to when they ditched IMG?They thought they could do better themselves. And pinched a lot of the top IMG Engineers to help them do it. And now with the new licence they've presumably realised they aren't up to it. Lots of rock solid IMG patents? Wouldn't it have made more sense for Apple just to buy IMG. Loose change for them. Now we've got this Chinese ownership shambles. Could make life difficult for IMG with tech in cars etc owned by the Chinese state! Risky. I can't work out who's more moronic. UK share owners for selling to the Chinese. UK Govt for allowing it to happen. Or Apple for causing the sale in the first place. And I wonder what the terms of the Licence deal are? If I was still an IMG shareholder I would have liked to have seen substantial increases in the terms. Apple are obviously desperate. But I suspect sappy/weak UK managers will have been strong armed into taking cuts to royalties - so desperate to have Apple on board again. Cynic that I am. This country needs an industrial strategy and better managers for companies. IMG should have been as big as ARM. |
Posted at 28/10/2017 11:39 by borromini1 Any share holder that wishes to receive any further benefit from Apple's use of IMG IP needs to vote against the offer. From the AGM it is apparent that IMG to date have not assumed that IMG IP is in the iPhone 8 or X, it follows that the sale valuation of IMG has also built in this assumption.When challenged on this issue Guy Millard CFO revealed that IMG will receive a royalty statement from Apple next week on Wednesday 1 November 2017 relating to the most recent Apple trading quarter ended 30 September 2017. The board confirmed that this Apple royalty statement will definitely confirm whether or not Apple are including IMG IP or claiming they have no IMG IP in a iPhone 8 product that has been on sale since late September. There are consequences either way of benefit to existing shareholders... If Apple have included IMG IP in the iPhone 8 or X then IMG is guarenteed around £60m GBP of income in this financial year that has no costs attached. This amount is not in the current offer value calculations. To be clear the current offer short changes share holders on this issue. If Apple claim no IMG IP is in the iPhone 8 or X and therefore no royalty payments are due then this sale of physical product is the key pre-requisite for IMG to commence litigation against Apple for theft of IP. As previous legal precedent shows a single court case in London can result in a block on product import into the UK and more importantly the awarding of royalty and damages for the entire global sales of the offending product. When the board was challenged on the rushed condensed timing of the breakup and sale of IMG, the dates of AGM, Court Meeting and General Meeting to all occur before receipt of the Apple royalty statement, so share holders had no benefit of knowing this as a factor in their voting intentions, there was no satisfactory answer from the board. There needs to be a call for the postponement of the Court Meeting and General Meeting until after this issue is resolved. |
Posted at 14/10/2017 09:41 by borromini1 H2 - no time machine needed to know that IMG will soon be debt free, at end of April net debt was 28.4m GBP, an R&D tax credit received in May reduced that to 24m, last years PowerVR adjusted operating profit was 37.8m GBP. XE royalties are already increasing. Today IMG is already well on the way to being debt free. IMG owns it's HQ buildings, it pays no rent for them. iPhone 8 + X contain IMG GPU IP. Apple's 60m GBP royalty payments over IMG's current financial year will have zero associated costs for IMG.If the bid unravels the share price will drop and then likely recover as better options emerge in the following months. The remaining institutional investors don't need to accept this low valuation, those that wanted out could have sold when 60m share trades occurred following the offer announcement. |
Posted at 13/10/2017 09:22 by borromini1 Is IMG undervalued at 1.82 GBP? Are any large holders having doubts about the sale?Thinking about what a majority UK owned IMG would need to do to justify a share price of 1.82 GBP ... Profit x 15 years - Net Debt ____________________ Number of Shares 36.6m x 15yrs - 24m ________________ = 1.822 GBP 288m Profit / Number of employees = Profit contribution per employee per annum 36.6m / 1200 = 30,500 GBP This somewhat reductive calculation points to a 36.6m annual profit being required to keep IMG with MIPS and match the Canyon Bridge offer. Would this be so difficult to achieve? Maybe with new management if the current board don't have the qualities required for the task? |
Posted at 04/10/2017 15:19 by hammerd2 According to IMG management there aren't still 2 companies bidding to buy IMG. Tallwood are buying MIPS, CB are buying the rest. The other company interested in buying the lot pulled out last week. If you or your (illegally leaking) IMG insider is claiming that there is still another active interested party that is not being made public then you really need to contact the authorities because MIPS is getting sold next week or the week after on the basis that there are no other formally interested parties left in the bidding process. The last person who claimed to be working at IMG was crystal balls and he mysteriously went AWOL soon after I warned him that if he really was an insider then he could very well get sacked/arrested.Just wanting Apple to do the decent thing is not going to make them do it - they have already behaved like a deplorable bunch of @@@ts so I wouldn't expect them to suddenly ride to the fore 6 weeks before the CB deal is finalised. Would be nice to see them stump up the £2.70 they morally should though and I would dearly love it to happen, but I tend towards the realistic. As to why the share price isn't already very close to 182p I would guess it's to do with the fairly sizeable daily chunks being offloaded by some of the major holders of stock supplying any shares needed by the buyers in the market. Presumably the sellers are selling as part of a "just in case something goes very, very IMG at the last minute and balls it up yet again" hedge. |
Posted at 28/9/2017 11:10 by stunger I dont think HMGovt is going to step in and stop the sale, yes the company sold is a loss to UK in that IMG/Videologic broke new ground and developed some cutting edge technology but companies change hands, investors buy and sell. I think there is far more chance of another bidder appearing than the sale not going through. IMG's share price over the years could never be called dull so it would not surprise if another bid came in. I guess the most likely outcome is that it will go for 182p in the end.So yes perhaps the share price will hang around these levels until we are paid out 182p in a month or 3 (?), but you just don't know, IMG's IP seems to be pretty useful for a number of potential companies going forward. So even if nothing seems to be happening there is still excitement until it is sold and I for one like reading the views of the board, and you never know another bidder could come forth! |
Posted at 25/9/2017 15:49 by exlogicalad The movement of the IMG share price today is baffling.In my experience, when a sale at a fixed price is agreed the share price often climbs above the agreed price before settling back to between 1 and 3 percent of the sale price and those deals have many takers. What is wrong here!! At a 182p per share sale price IMG have fallen back 10% as of 3.20pm. Ten per cent almost guaranteed is a fantastic gain for just waiting a couple of months, so why the drop. Seems there may be some concern about the deal happening, I can't see any other reason as to why the price is not hovering around 176/180. |
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