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ITO Intechnology

24.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Intechnology LSE:ITO London Ordinary Share GB0001388932 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 24.00 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Intechnology Share Discussion Threads

Showing 226 to 250 of 500 messages
Chat Pages: 20  19  18  17  16  15  14  13  12  11  10  9  Older
DateSubjectAuthorDiscuss
11/6/2002
19:16
lodger i think you need to be out of all of it. My sources tell me that there is some serious money heading in this direction.
paddyfool
11/6/2002
15:59
The share transaction between directors announced a few minutes ago is significant new information because it involves real money @ 65p per share.

This may well underpin the price and although I valued the stock in a post above at less than 60p, the directors should know more than me. I would not sell now.

As an ironic aside one of the things which attracted my attention to this stock over a year ago was a share transaction between directors @ 75p a share, when the market price was about 300p. If anyone sees anything like this in any other stock, please post!

charlie
11/6/2002
09:42
Try working out what the results for 2003 will bring and then try and put a valuation on it. It goes something like this: Cash burn +ve currently £23 million in the bank. Profits from established businesses likely to be in the region of £30 million. Valuation likely to be in the region of £3-400 million, the story is not about now but the future.
paddyfool
11/6/2002
09:38
Sharecast write this morning that at 62.5p the stock is now valued at 53x forecast earnings, so that's forecast earnings of 1.18p -- which is a bit better than 0.6p in my notes above, but still a hideous rating. Anyone know who/where the 1.18p comes from?
charlie
11/6/2002
09:01
Hmm.

"Turnover in the year ended 31 March 2002 was £158.1 million, compared with
£122.4 million in the period last year"

..."in the period" = in the 35-week period.

A better comparison is from last year's results:

Financial Highlights

* Turnover of £122.4 million (£164.9 million proforma 52 weeks)

slightlycynical
11/6/2002
08:39
Wilkinson says “Online Data Services will pass through breakeven towards the end of the year” (“Commenting on the results, Peter Wilkinson said…”, just above the contact details.)

He also says goodwill amortisation will be £4m pa in future (“financial highlights” section).

Suppose that (generously) we taken both these points at face value.

The result before goodwill this year was profit 8.8m on Storage Solutions, loss 9.7m on Online Data Services (segmental information in note 2).

If the latter “passes through breakeven towards the end of the year” that means it continues to lose money for most of the year so let’s say loss of 6m.

Let’s also says Storage Solutions increases profits at a similar rate to last year to say 11m (VERY generous).

On this basis the result this year might be 11m (Storage solutions) – 6m (Online Data Services) – 4m (goodwill ) = 1m.

There are 155m shares in issue (note 4) so that gives eps of 1/155 = 0.6p per share this year. Note this is partly on HIS projections. With some slippage they could easily make a loss for the current year.

And the share price is still above 60p!!

There is however an underpin from the net cash of 15p per share. This is NOT going to go bust soon or anything, but it's worth less than 60p.

charlie
10/6/2002
16:15
Blimey look at that protected seller of 100k @ 63p.
charlie
08/6/2002
19:04
The two comments below are lifted straight from the iii board where they were posted in late May.

At the moment I have not looked into BT's specific plans.

However the general point is that ITO's business has no patent protection, and no strong intellectual property of any kind.

As and when BT (or anyone else big) does muscle in, with partners like EMC and Dell, then ITO are going to be absolutely crushed.

Here are the two comments:

"Sales team at Intec are still seeing their wages take a tumble due to lack of sales in data storage. Now BT plans on selling this product and stand to make a far better job. "

-----

"BT's data storage plan fails to set City on fire
By Tony Glover Fri 24 May 2002
The City is sceptical about BT Group's latest strategy for BT Ignite: a plan to deliver £190m in extra revenue a year by 2004/5 with the launch of a new data storage service for business customers in partnership with EMC and Dell. "

charlie
06/6/2002
12:44
AMT37 - ?
Results not out till next Tuesday.

And winning contracts is normal run of business. Exceptionally big ones only help if on top of normal expectations for the timespan in question. The market doesn't seem to think the last one was significant enough to do more than rebalance a prior shortfall?

m.t.glass
06/6/2002
12:10
Results in line
Large contracts won

amt37
06/6/2002
10:27
Short more at 73.
lodger
06/6/2002
09:58
Bid now 70p!
charles7
06/6/2002
09:50
Still short (from about 11 months ago!!)
charlie
06/6/2002
09:39
Here is a little snippet from Today's Telegraph.

On the Alternative Investment Market, Intechnology edged .5 lower to 79.5p amid speculation that analysts are overestimating the likely performance of the data technology specialist this year.

Selling off again Today.

mug punter
06/6/2002
09:37
Here is that snippet from the Telegraph.

On the Alternative Investment Market, Intechnology edged .5 lower to 79.5p amid speculation that analysts are overestimating the likely performance of the data technology specialist this year.

Selling continuing Today.

mug punter
06/6/2002
08:01
Still short (from about 6 weeks ago). Just waiting for it to crumble...
lodger
06/6/2002
07:18
Negative comment in The Telegraph re imminent results (next Tuesday).
m.t.glass
16/5/2002
23:21
3 of the 7 MMs moved down after that 10k 11am trade..
m.t.glass
16/5/2002
23:20
3 of the 7 MMs cut their prices after that 11am 10k trade..
m.t.glass
13/5/2002
13:33
in their recent May newsletter claim this stock is overvalued
dave46
08/5/2002
09:25
Saw that 2Deano - :O(

Some MMs now reversing down again. No news that I can find so far.
Edit: Make that WERE reversing..

m.t.glass
08/5/2002
09:15
Just to let you guys know:

Price ticking up:

Up 6.5p on 76k volume ( buys )

Time now: 10:15

Regards.

2deano
08/5/2002
09:15
Just to let you guys know:

Price ticking up:

Up 6.5p on 76k volume ( buys )

Time now: 10:15

Regards.

2deano
07/5/2002
10:59
Onwards and downwards... doooooooooomed.
m.t.glass
07/5/2002
10:56
Whatever... meanwhile onwards and downwards!
m.t.glass
Chat Pages: 20  19  18  17  16  15  14  13  12  11  10  9  Older

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