Impact Holdings Share Discussion Threads

[grlz] 20/4/2011 16:36

still - should be positive news once it starts flowing ;)

Once ADS reports its results next week I may have the cash to stick a few extra pennies in IHUK as its looking ripe to have a run at £2 imho

[still waiting] 18/4/2011 11:19

news not far now.

[bozzy_s] 18/4/2011 10:46

5000 @ 140p trade on plus

[bozzy_s] 17/4/2011 01:41

koolade - well done on banking a profit. It just takes 3 or 4 consecutive good investments to wave goodbye to overdrafts forever! Might mean holding a stock for 2 years to realise its value. But worth being patient. IHUK has all the ingredients to be a winner in the long term. And also has the balance sheet to provide an exciting RTO opportunity - perhaps - long term.

[still waiting] 15/4/2011 11:29

options before the news.

expect rerating shortly.

[still waiting] 12/4/2011 16:44

yep, good luck.

[koolade] 12/4/2011 16:40

Nope. Waiting for the funds to clear. As I said I had to cash in my chips.

Thankfully (for me) that was only a small rise)

Best of luck

[still waiting] 12/4/2011 14:31

you trying to buy back in kooli?

[koolade] 12/4/2011 08:42

Hi Everyone

Unfortunately I had to sell this morning. I had some financial housekeeping to take care of (clearing an overdraft etc) so need to cash in my little IHUK chips.

Really gutted as was happy to wait for true value (£3) to out. Needs must. Still, I got circa 40% profit

Good luck all and hopefully you wont be "still waiting" in 6 months time.

Cheers
koolade

[still waiting] 11/4/2011 09:21

OPM out with good lending news, we could do with some news here..

if you're watching bod.

[bozzy_s] 07/4/2011 22:00

Hoping to add another 2000 at around 125-130p soon. MMs have been kind to little sellers recently (vs quoted spread). Hope they are fair to buyers too.

When looking to place a value on a company, one looks at -

1) P&L account

2) Balance sheet

3) General trend and market announcements

4) Always the most important factor - market capitalisation

5) Non-reported information


IHUK ticks all those boxes. See my opinion below.

IHUK does have some risks to consider.

1) Delisting from AIM due to lack of share trading activity

2) Owners/management/large shareholders conspire to 'rob' the company from minority holders (has happened a lot on AIM). No suggestion it would happen here.


BUT. Positives outweigh the negatives in my opinion.

1) P&L account. This should show an annual profit to 31/3/11 of c.£250-300k.

2) Balance sheet. The strongest I have ever seen amongst microcaps (mcap under £5m). Debt free. Cash of £2m. Net tangible assets of £4.1m = £2.88 per share. Add expected £0.15m profit for H2 ended 31/3/11, already delivered, equals £4.25m = £2.99 per share today.

3) General trend and market announcements. IHUK mid-price has risen from 55p to 125p in 1 year. In that time the company has announced solid profitable interim results, and bought a new company HQ.

4) Market capitalisation. 1.422m shares @ mid price £1.25 (buy price £1.35) = valuation of £1.7m (£1.91m)

5) Non-reported information. Firstly (not quite to the point, but important), the company has historic losses on the balance sheet of £6.7m - so will not pay tax on earnings for the foreseeable future. Has some significant minority shareholders who might choose to reverse this tiddler into a bigger non-listed company, due to the obvious value it offers at 299p per share net-tangible-assets (estimated as of today). It's enormous £6.7m losses on balance sheet. It's current stable and profitable trading on P/E ratio of just 6.


DYOR. And all GENUINE information about the company and significant minority holders is much appreciated.

[still waiting] 31/3/2011 15:26

someone trying to sell 50 to get the offer down?

[still waiting] 31/3/2011 15:07

here till we see value £3.00 and upwards.

another buy will see a tick up.

[woody6] 31/3/2011 15:02

quoted 120p to sell @ TDW

[still waiting] 31/3/2011 14:26

weasel,

type plus:ihuk.gb in your monitor and press add. and low and behold..

[still waiting] 31/3/2011 14:25

I'm more interested in hearing about these new opps.



Outlook

The Group remains focussed on providing services to the legal and
professional sectors and maximising niche funding opportunities. The Board of
Directors has earmarked a number of future growth opportunities and remains
committed to developing this strategy and this, coupled with our existing
businesses, will provide the foundation for controlled growth, improved
profitability and enhanced shareholder value.

[koolade] 31/3/2011 14:23

I see thanks bozzy.

[bozzy_s] 31/3/2011 14:19

koolade - today is the financial year-end for IHUK, so might see a trading update sometime before the results are announced.

[still waiting] 31/3/2011 14:17

buys going through on plus as well now.