Independent Media Support Share Discussion Threads

[j3fro] 01/2/2002 11:42

It seems hard to believe that less than two years ago IMS was trading at above £12 a share. Unbelievable!

[ironhorse] 01/2/2002 11:01

This is turning into another Redstone. Why don't they go for a rights issue, I don't want my holding diluted with a rights/offer they mite be suprized by the support from share holders. It would be useful if we new how much they need to raise.

[ironhorse] 01/2/2002 10:58

This is turning into another Redstone. Why don't they go for a rights issue, I don't want my holding diluted with a rights/offer they mite be suprized by the support from share holders. It would be useful if we new how much they need to raise. This is not being handled well by the Board.

[ironhorse] 01/2/2002 10:57

This is turning into another Redstone. Why don't they go for a rights issue, I don't want my holding diluted with a rights/offer they mite be suprized by the support from share holders. It would be useful if we new how much they need to raise. This is not being handled well by the Board.

[the jock] 24/1/2002 00:20

Sorry I should have said.Mentioned earlier this morning on cnbc,the broker/analyst came from Beeson Gregory.Mind you that house was never very bullish at anytime.

[bruce the goldfish] 23/1/2002 10:53

What analysts are that then jock?

BTG

[the jock] 23/1/2002 10:47

Analysts now saying the placing/rights issue would have to be in the 10/14p price range for it to get off the ground,due to its market price and heavy debt.Still hold some,might have to hang on long term.

[webley] 23/1/2002 00:31

johnv

Thanks for the update. Where did you get your info? I have looked around for info but not been very successful.

[johnv] 23/1/2002 00:03

its borrowed only just enough money on the asumption that they will be able to paid back once future earnings start flooding in, trouble is, they are three months behind schedule and need a extra three months(+ interest) to stay on target. if this is the case then its not too bad, but like others have said,we only seem to have heard half the story. Why didnt they wait until the results and mention everything.

[webley] 22/1/2002 16:42

johnv, thanks for the reply. I suspect we'll be the last to know.

[johnv] 22/1/2002 16:12

Webley, its only a assumption, like you I havent got any more info. I wasnt trying to make out I knew more than anyone else. just trying to work out why they need more funds.

[bruce the goldfish] 22/1/2002 13:27

BB - look out for a delayed sell at the end of the day. Lets face it, IMS is not an attractive proposition until we know what level the rights issue/placing will be at. However, one thing is certian and that is that it will be at a significant discount to whatever the market price is upon announcement, so the further the IMS shareprice falls then the more current shareholder funds will be diluted. DYOR

BTG

[dave46] 22/1/2002 08:53

Has got strong support at that level CTB and tends to rise quickly.
Article in FT today, one piece I do not like is "IMS said its borrowing had inceased considerably, but it did not divulge details of its financial health"!
But still worth watching
Dave

[citytraderboy] 21/1/2002 23:30

Just looked at the chart....lots of support around the 14-15p level !

Might be worth buying ?

Any thoughts ?

[citytraderboy] 21/1/2002 23:07

Also the actions of the Management of IMS should be questioned....what a cr@p way of handling things !

Why not bring out the results with a full explanation etc, etc....

The rights could then have been done at 20p.

Now it'll probably be 10p !

IMS needs new financial PR....

[johnv] 21/1/2002 22:42

THanks for that Redd, the tipster IMS Ive never heard of, but techinvest and equityinvestor both made it a buy at the beginning of the year, so you must be refering to one of these. I do agree with your second sentence about homework. What chance do we have when they get it wrong. None at all.

[redd] 21/1/2002 19:58

Very disappointing today, especially so when a tipster of the calibre of Techinvest recently made it one of their "tips of the year". I'm sure they do their homework well so what chance do we have?

However, it remains what the dilution is after the placing and rights issue, and at what price. Clearly, if they are still profitable as Beeson was expecting then there is a good chance of recovery in time. But for now it can only be classed as risky I believe.

(sorry, wrong tipster quoted - have now changed)

[gzr] 21/1/2002 16:19

I do think they are risky, just not as risky as voc.

[the jock] 21/1/2002 15:25

Numbers in line with market expectations(before exceptionals)God knows how bad the exceptionals will be.At one point they were approx 50% down.and you say "I dont think they are as risky as voc."I would hate to invest in shares you think are risky!.

[gzr] 21/1/2002 14:02

voc are loss making, ims forecast to make eps 1.5p. Results said to be in line with expectations in today's announcement. I don't think they are as risky as voc.

[the jock] 21/1/2002 13:54

Placing and rights issue highly dilutive,and rumoured to be sub 20p.Smells of Vocalis.

[johnv] 21/1/2002 13:28

surely the price has dropped to where the market believes the deeply discounted rights issue will occur. This is where techinvest jumps in and buys for his portfolio

[nghomi] 21/1/2002 13:14

I told everyone to avoid this stock, didn't I? And what was my call to action?!!