Intec Telecom Systems Share Discussion Threads

[volsung] 23/2/2010 16:47

Wish he would shutup about his kid

[dandl] 23/2/2010 16:45

AT init ;)

[cat] 23/2/2010 14:51

Interesting hamish - I remember some time ago he also said he topped up 5k at 105 on a day when there was only one 5k trade at 105..... and that was mine.
:-)

[hamish123] 22/2/2010 15:04

Still looks like a solid medium/long termer.The Naked Trader claims to have sold half his holding the day before the update and bought back in at 94p but regrets not selling everything instead of half.The usual contradictory b/s.He bailed on Carclo as they were going nowhere then bought in again at 120p their 170p now!!Let's hope this does the same.

[jashunter] 20/2/2010 13:45

Interesting to see Prudential have increased holding to over 5% and shareprice has recovered somewhat to 99.25. Sell off after results was overreaction to some cautious comment in statement but this is their style. Cautious comment then perform better than expected in period ahead. All IMHO. As always DYOR.

[colinhy] 17/2/2010 20:47

UBS and Singer Capital Markets are keeping the faith with business support systems provider Intec Telecom Systems after the shares were hammered yesterday.

The shares were sold off in response to some cautious comments about trading in the Europe, Middle East and Africa (EMEA) region.

With the shares trading on 13 times 12-month forward consensus earnings, UBS regards the investment case as 'compelling' while the current price is 'an attractive entry point,' though cautious investors might want to wait until the interim results are published before diving in.

UBS has a 12-month price target for Intec of 146p, making it more optimistic than Singer, which has a target price of 129p.

Singer thinks the selling has been overdone and does not believes Intec has seen any cancellations in EMEA, just genuine delays in order placement.

'We view management at Intec as reasonably cautious, but more importantly, adept at managing its cost base for changes in sales momentum,' Singer analyst Tintin Stormont opines.

Stormont notes that last year's interim management statement (IMS) was also cagey, yet by the end of 2009 earnings per share came in at 6.5p versus market expectations at the time of the February IMS of 3.0p-3.5p. 'Whilst we are not suggesting this kind of upside exists this year, investors should be aware of the group's track record,' Stormont suggest.

Echoing a view also held by UBS, Singer sees the possibility of Intec being taken out by a bigger competitor, hypothesising that 'it is a very attractive take-out candidate for the likes of Oracle.'

[hamish123] 17/2/2010 17:50

Agree Napoleon.Been in since 77p with a bit of profit taking along the way but a nice move up today to steady the ship.Still think 120p plus is a reasonable medium term target.

[napoleon 14th] 17/2/2010 16:05

Defo overdone.
Not even bothered I didn't get stopped out yesterday.
In @ 99p anyway, so today's ton-up pulls focus on that.
They're worth that easy, in my book.

[garbut] 17/2/2010 15:48

Many thanks B1ggles.

[b1ggles] 17/2/2010 15:03

1p tomorrow, ex-div date 15 Jan.

[garbut] 17/2/2010 14:57

Anyone know how much the dividend is that theyre going to be paying
this week?And the dates that one had to be holding the shares to
qualify for the payment.
Cant seem to find this info anywhere.
TIA.
Garbut

[dasv] 17/2/2010 13:39

Broker snap: Intec sell-off overdone



"UBS has a 12-month price target for Intec of 146p, making it more optimistic than Singer, which has a target price of 129p. "

[arab3] 17/2/2010 08:51

is somebody buying today?

[mrmerkin] 16/2/2010 19:16

From ADVFN evening euro markets. After being stopped out and like J3000 Can't be ar5ed, but good luck to all in your journey to 129p

'The interim management statement from Intec Telecom was disappointing to Singer Capital Markets though the broker reckons that the decline in the telecoms company's share price 'could present a buying opportunity'.

The fly in the ointment for Intec is the general economic weakness in the Europe, Middle East and Africa (EMEA) region, which accounts for 38% of sales.

The slowdown in economic activity is prompting customers to defer buying decisions, as a result of which Intec's first half revenues will probably be below the constant currency numbers from the previous year.

'Note that Intec achieved 6% constant currency revenue growth in FY'09 (Sept year end),' Singer analyst Tintin Stormont pointedly observes.

'From our discussion with the company, this [decline in sales] seems to be driven by lengthening sales cycles (in regions like Africa where it has some new business in the pipeline), rather than deals going away,' Stormont said.

The broker has left its full year estimates unchanged from the time being and retained its 'buy' recommendation. The target is left untouched at 129p.'

[jackal3000] 16/2/2010 18:07

Can't be ar5ed personally. Today it behaved like an oil share, slight bit of bad news and it's taken a nose dive! Probably still a good long termer, good cash flow, paying dividends, good contracts wins and current business blah blah blah...sold out today...

[arab3] 16/2/2010 12:46

noone buying the dips then ?

[hamish123] 16/2/2010 12:44

Over reaction must be the understatement of this year so far.This isn't a Hardy Oil no oil down there statement.

[sbabbab] 16/2/2010 11:45

was a bit annoyed at getting stopped out at 98 , but now its on 93 i feel better :s

i had strong hopes for intec, i guess you cant win them all!

does anyone think it will rocket back up anytime soon....

im not going back in though!

[justjules] 16/2/2010 11:17

ericsson3.. pump and dump... I don't think so... we all have a brain and if trading should all make our own decisions, irrespective of what is said by respected punters...

[dasv] 16/2/2010 10:03

some nasty looking downside targets on the 1 and 15 min P&F charts. e.g. 67p

[traderinthemaking] 16/2/2010 09:52

It makes one wonder why directors exercised their options in late Jan/early Feb... Another lesson learned for me :)

TITM

[leedskier] 16/2/2010 09:27

It looks like a re-run of what happened at PIC (Pace). I hold neither this nor that. But I may at some stage in H1.