Inspired Share Discussion Threads

[the big fella] 24/2/2017 19:23

They really should be trading in the 20's not the teens

[igoe104] 24/2/2017 19:15

Excellent news, surely a share price move up to 17-18p range now, has to be on the cards over the next week. INSE has got momentum now, especially now the large overhang is cleared.

[yump] 24/2/2017 17:23

Presume that's a fund. A tip wouldn't make a big pi do that.

[wanttowin] 24/2/2017 16:12

Nothing volume taking us up !

I get the feeling a couple of serious buyers could really blow this breakout wide open.

[rivaldo] 24/2/2017 15:48

Wow - that's what you call an overhang clearance :o))

An extremely orderly transfer of shares to new holders - perhaps we'll get an RNS or two to tell us more.

[greenroom78] 24/2/2017 15:31

Is this one of those rare occasions where seller and buyer(s) have been matched by the house broker? Given his previous holdings RNS it hasn't taken long to shift that 26m, interesting to see what the price was.

[1gw] 24/2/2017 15:08

"The Consideration Shares are being issued to the founders of STC, Simon Clayton and Steven Rae, who will remain with the Enlarged Group and will be subject to a 12 month lock-in and orderly market provisions for a further 12 months from the date of admission. Simon Clayton will hold 26,229,508 ordinary shares, which will represent 5.56 per cent. of the Enlarged Group’s issued share capital on admission of the Consideration Shares."

From the STC acquisition press release 17th November 2015.

So the initial lock-in period didn't end very long ago and the "orderly market" provisions don't seem to have been a constraint.

[1gw] 24/2/2017 15:00

Wow, way to go Simon Clayton!

So if his selling has been keeping a lid on the price, what happens now?

Presumably that was a negotiated sale with an institution though and we'll see the other side in due course.

[the big fella] 24/2/2017 11:52

It has been a long time coming but at last we seem to be making some headway.

[rivaldo] 24/2/2017 08:32

Good to see INSE above 15p and at new highs now.

Forecasts for 2017 are still 1.45p EPS from Panmure and 1.3p EPS from Shore Capital (with 0.5p dividends).

[the big fella] 22/2/2017 19:25

We have been hoping for that for some time. Eventually value will out

[greenroom78] 22/2/2017 18:56

I bought in here yesterday morning after watching for a long time, thought I'd missed the boat when Midas tipped and I didn't have funds available. I note there is a large 850k print this evening which could well be the overhang that is pegging the price back. When it clears I'm hoping for a nice run up.

[yump] 22/2/2017 15:59

I wonder what the grand total of shares issued on takeovers is. Kind of different from share options as the former are effectively free in terms of share price. You could argue that they are not free as they are payment for the business; I guess it depends on how much you value what you've gained in the share price since you were bought out and therefore effectively how much more you've been paid than the business was originally worth.

[1gw] 21/2/2017 18:24

Ah, thanks wanttowin, I wondered who he was.

He was listed as holding 26.2m shares (as of 9th Feb 2016) in last year's annual report.

Today he goes from 30.6m shares down to 26.7m.

So it looks like he's taken a bit of profit on additional shares he bought (unless they were "deferred consideration" of course).

[wanttowin] 21/2/2017 16:28

Looks like we have at least one of our sellers,Simon Clayton got his via the STC deal in Nov 2015.
I notice he is not in the header, any chance of an update to the header PJ 1 please ?

[1gw] 21/2/2017 12:24

GHF - well I can see it making sense from UTW's perspective, if they could finance it, and it's something that I think might happen one day. Given the different accounting treatment they adopt on revenue recognition it would presumably be likely to be accretive to UTW if structured right.

But I think it might be a hard sell to the Thorntons (concern for INSE employees and past words about the different accounting philosophies). However, as the Thorntons' own shareholding goes down, UTW's potential route direct to INSE shareholders becomes more viable.

I just wonder if the Thorntons, cognisant of this risk and perhaps also of the logic of a combination, might at some point try to use their remaining shareholding to secure a solution with UTW which they believe would both protect INSE employees going forward and deliver a meaningful premium to INSE shareholders.

In the near-term though I would have thought it is relatively unlikely as INSE focuses on building its business organically and through further targeted acquisitions.

[glasshalfull] 21/2/2017 12:19

O/T

Rivaldo - Oh right...I'll have a look & get back to you. Downsized my ARL holding following the removal of ring-fencing of CFDs.



Risk/reward shifted considerably on reflection & I now only retain a small holding.

Kind regards,
GHF

[cheshire man] 21/2/2017 12:17

Let's hope they do just that rivaldo :-)

[yump] 21/2/2017 12:11

A warm welcome to all those who buy based on tips ;-)

Would it be right to assume that tips such as the Mail's and Shareprophets draw in pi's who are not traders and therefore the price is more likely to be maintained...

Also in the case of Shareprophets, pi's who have no idea about their reputation. Their tips always tempt me to sell, but in this case INSE is clearly on a low rating.

Hopefully INSE's increase in rating will be backed up continuing good growth and it won't matter a hoot who tips or untips them.

[rivaldo] 21/2/2017 12:09

GHF, I think you've hit the nail on the head. The management at INSE have proved themselves to be trustworthy, prudent, capable and forward-looking. I do not trust the management at UTW at all given their record on accounting policies etc.

I would much rather that INSE grow and expand on their own!

OT : I've sent you a private message on ADVFN re ARL having failed to reach you via email - have you received it?

[glasshalfull] 21/2/2017 11:46

1gw - Surely a merger between INSE & UTW would make sense? UTWs bread & butter is SME market which dovetails nicely with INSEs strength in the Corporate market. Significant cost synergies.

I think it only a matter of time unless the corporate cultures are fundamentally different at each organisation...perhaps that's the issue???

Kind regards
GHF

[1gw] 21/2/2017 11:35

I wonder if INSE is picking up (or might pick up) any switching of investors out of UTW in light of UTW's less-than-stellar progress in their corporate division (reported in today's TU).

[1gw] 21/2/2017 10:47

Very encouraging. I was afraid the Midas boost was beginning to fade.

[rivaldo] 21/2/2017 10:42

Nice move up again - poised for new highs?

[rivaldo] 20/2/2017 08:59

Great to see INSE attain new highs whilst I was on holiday following the Mail on Sunday tip.

Plenty of upside still left in INSE imho given a current year P/E of only 10.7 based on 1.375p consensus EPS. I particularly liked this extract from the article:

"Around 90 per cent of Inspired’s large customers stick with the business and contracts tend to run for several years, so a significant percentage of the company’s future revenues are already known."