Intelek Share Discussion Threads

[daza70] 05/6/2008 12:32

results on monday??? should be good!!

[whiterussians] 28/4/2008 12:23

lookin good

[dcroston] 27/4/2008 13:27

Just bought back into these again resently on the good news. The company is looking in good shape and I am comforted by the fact that I bought in at a lower price than the previous director buys. Looking for a consolidation at these price levels and a steady move back up to 23p levels.

[mistertibbs] 25/4/2008 21:44

algernon, ITK website isn't great but at least it has two broker forecasts and if anything, should give you a good insight. The fear in these times is of course tech being out of favour and this, whilst not being very big, have most of the same directors on the board that were there through the dot com bubble and survived, even reaching 4p at one point for a number of weeks but must say I'm chuffed to see an office being opened in the far east, and I don't mean Peterborough.

Hope my geography isn't as bad as it was. Next office China.

Excellent trading update. Nice wee order with the military too.

[nickcduk] 24/4/2008 06:31

Terminology for beating broker forecasts is a little fuzzy. Significantly ahead of forecasts is usually 10%+. I think comfortably ahead of forecasts probably means a little less. Last years trading statement was encouragingly ahead of forecasts which equated to about 15% ahead of forecasts at the time. The company has been in the habit of under promising and over delivering. Long may that continue.

[penpont] 23/4/2008 21:36

Jeff - I hope I'm not being too optimistic in thinking they wouldn't have bothered even making an 'ahead' statement for just 5%.

In general, I've found 'ahead' means 10%+, and comfortably ahead a bit more, so I've assumed that 15% may be possible, particularly as they seem to have turned around Labtech from a 0.5m loss to a profit. That alone would account for much of the increase from £2.3m in 06/7 to the currently predicted £3m.

We'll see on results day of course and no doubt a lot will depend on the outlook statement anyway, though I can't see that being bad given the good news flow they released today.

[jeff h] 23/4/2008 21:03

Yes, nick all 3 legs of the business doing well.

I added and wrote to the company a few weeks ago when EADS was given the tanker contract over Boeing....I thought it could be very significant for CML



..as you can see its a £20 billion contract...and today's RNS refers to it...CML's profits could now fly!

penpont I view profits being comfortably ahead as about 5% head...but I hope
I am wrong and you are right!

[nickcduk] 23/4/2008 19:33

Not a lot to add really to ITK. Its cheap. Its going to beat forecasts which were already upgraded after the interims. If this was a large cap it would be nudging year highs. The aerospace side has got excellent visibility and growth to look forward to. The satellite modem can't be doing too badly if they are looking to open up multiple offices in the Far East and Labtech is now profitable again. Steady as she goes.

[bostonborn] 23/4/2008 18:52

Its interesting how two companies I currently hold have put out good statements in the last two days yet nobody much has bothered to post any views apart from penpoint. I regard this as a bad sign for the economy, and may mean further falls are expected to share prices; hopefully we don't go into a technical recession. Looking around, petrol and food and energy prices are going up and house prices are starting to fall, which all adds up to more bad news on the way, for the nextfew months, (and a loss of interest in the share market by small investors).

[penpont] 23/4/2008 07:55

Very encouraging statement today. Comfortably ahead should hopefully mean a beat of at least 15% of the housebrokers current 2.33p, taking the actual outcome for the year just past to around 2.7p+.

That would give earnings growth of over 30% on the previous year, surely justifying at the very least 8 times historic earnings and a short term share price target of 20p min?

[algernon2] 22/4/2008 17:09

And then came nothing;just a deathly hush that lasted a while....

[algernon2] 20/4/2008 23:36

More news and more gossip please.
All the Intelek threads are virtually dormant/silent.
I am trying to get a Handle on this share and would welcome any current views both pro and anti in order to form a sort of balanced opinion.Thanks in anticipation,A2

[mistertibbs] 12/4/2008 11:54

Apologies for that. You are of course correct WJ

[wjccghcc] 10/4/2008 15:47

Nope, year end is march so usually a trading statement at the end of April and finals in June.

[mistertibbs] 08/4/2008 13:47

No chance of a trading update. Final results due this month.

[koolio] 07/4/2008 17:46

I have a portfolio full of bargains, Including this one, every day I am getting a hammering.

[penpont] 07/4/2008 09:35

Nice to see some positive news, but really need a trading update to get things moving.

Unless ITK have had an awful 2nd half they look a bargain at this price.

[handycam] 03/4/2008 14:59

Saw the VLK, but the aerospace biz is worth the current mkt cap and debt on its own. ie. the margin of safety is excellent.

[blueliner] 23/3/2008 09:52

Edited my post 18 Mar'08 - 22:09 - 320 of 322
so its more readable.

[mistertibbs] 20/3/2008 14:15

Sadly, VLK issued a profit warning for 2008 results and that will not help.

[handycam] 20/3/2008 08:53

This is up Buffett's street.

[mistertibbs] 14/3/2008 22:43

Didn't know there would be an update so close to results? Results will be interesting.

[napoleon 14th] 10/3/2008 23:16

IMHO it's decided 16p is 1st S, & bounced on it twice.
There's often an update 2 wks before period end; Y/E = 31/03...

Looks healthy....

Sh*t market.