Intelligent Environments Share Discussion Threads

[meict] 12/4/2010 11:55

Thank you Estonia, you must have been loading your post at the same time I was doing mine. Obviously 50p isn't your average price, you must be well below that by now.

If I've done nothing else I believe that we are all united in the one goal that IEN's share price is going to rise, at least to 12p.

meic

[meict] 12/4/2010 11:42

The game's afoot! No snide remarks about twelve inches please.

Although it's unlikely that my sad comments have raised IEN's share price so dramatically, I will be very pleased (as I said in post 384) if it is 10p at the close of play on Friday. Of course, if it's more I'll be even happier.

I think that a number of contributors to this bulletin board will probably agree when I say that Canaccord Adams' Buy Target of 12p may soon become a reality. The next 'milestone' after that will be the doubling of the share price.

Well Kruger, the present share price is twice what you thought it should be four months ago (posts 252 and 267 on the 5th and 18th December) when you thought 5p "fair valuation" and 4-6p "a fairer price". Are you selling or staying on for the ride?

meic

[estonia] 12/4/2010 11:41

hi Meict

held Ien since about sep 1999 bought in initially at 94p and £1.94p sometime end of 1999 Ien WERE TRADING ABOUT £3.50.............I naturally bought in again substantially when the share was dropping dramatically......

[leyton2] 12/4/2010 09:31

Looking good...

[harrytrad3] 12/4/2010 09:11

Meict: 10p reached I am hoping for 12.5p or higher tomorrow (11p by day end).

[leyton2] 11/4/2010 19:36

So would I Meict

[meict] 11/4/2010 19:17

Thank you very much knowlman3, I thought they went higher. But even I don't think that they'll return to the giddy heights of £2.

I wonder what they'll be tomorrow. I'd be happy if they make 10p by Friday's close.

[knowlman3] 11/4/2010 18:55

Meict,
If memory serves me well they got to £2+ back in the dot com boom after a tip in the Sunday Times.
Happy days!!

[meict] 11/4/2010 16:25

Estonia

Some pertinent or perhaps impertinent questions.

To save me time trawling the Net and especially ADVFN's and other Bulletin Boards can you please answer the following for me?

How long have you held shares in Intelligent Environments?

I know that they came to the AIM in 1996 at 94p raising £18 million, following the flotation did they trade at much of a premium?

What was the highest price they reached?

Why 50p?

Meic

[meict] 09/4/2010 22:29

Gentlemen (and perhaps Ladies),

Unfortunately, I can't sell my flat whilst I'm all but confined to my bed [sad isn't it?] but I will, hopefully, get a postal order in about three weeks time, which will undoubtedly find its way into interesting (and Intelligent) Environments.

Harry, I owe you an apology. You do have a dream or at least you had a dream once. In post 143, you dreamt that "IEN had risen to 80p." It also nearly made the 9p that you mentioned.

Kruger - a question. On 5 December 2009 (post 252), you mention that IEN "is headed back to 5p which is the fair valuation".

Almost a fortnight later, on 18 December (post 267) you said that "a fairer price may be 4-6 pence."

Consistent at least. But today (post 378) you say that "it is probably fairly valued at this point". How has it almost doubled?

You can speculate all day long but you are using yesterday's information. What you need is today's information or, better still, tomorrow's information.

Meic

[knowlman3] 09/4/2010 17:53

harrytrad3................sooooooooooooooooo close!!

[harrytrad3] 09/4/2010 14:59

Meict I expect progress with the SP, but cannot see just yet the rate of acceleration you forecast.

Would be nice to see 9p by day end.

[kruger2004] 09/4/2010 14:39

meict

whatever you're on I'll have some.

Good little company IEN is, it is probably fairly valued at this point and might be attractive to a bigger player, so with a potential to double this year, but 50p by Christmas.

If you really believed that you would mortgage the house, sell the car, wife, kids and put it all on IEN.

[meict] 09/4/2010 13:27

Following my initial post at 11:35, a discerning investor bought 200,000 at 12:14.

Does he (she) know something?

There'll probably be profit taking tomorrow but I still think that we'll see 50p by Christmas.

When was the last time somebody bought 200,000 Intelligent Environments shares?

Meic

[meict] 09/4/2010 13:07

Harry,

Have a little faith. If you don't have a dream, how are you going to have a dream come true?

Both Estonia and I know that we will see Intelligent Environments (IEN) at 50p, perhaps I envisage it a little quicker than Estonia but this is a high tech stock and with these anything is possible.

Returning to faith, IEN successfully raised almost £0.75m with their recent placing at 9p when the shares were quoted at less than 8p. Did they do this because the subscribers knew something or because they are fools? Admittedly, three quarters of a million isn't a great deal to these people but it's a great deal when you throw it away on a whim.

Similarly, BlackRock has increased its holding. Did it do this because it couldn't think of anywhere else to put the money. No, again, they can see that there's something happening here and they want a bigger chunk of it.

I don't know if you read all my post. You can't see the share being 50p by Christmas but in my penultimate (last but one) paragraph I mentioned that I expected the price to return to what it was at the time of the company's flotation in 1996 (94p). What I didn't mention was what I thought the share price would be in two years.

Meic

[estonia] 09/4/2010 12:49

Meict

I have always said I would not sell under 50p.....that is my base line......but yr right..........as this Company moves into a total new ball game this base line could increase to new highs

interesting comments..............exciting times...

[harrytrad3] 09/4/2010 11:59

Meict

Not sure I follow your route from 8.625p to minimum 50p by christmas ( and double by the end of the month).

I would love to see it. What have I missed.

[meict] 09/4/2010 11:35

I have, for some time, considered buying shares in Intelligent Environments (IEN) but before I started my research I found the company and its share price movement somewhat enigmatic.

It joined the AIM in 1996 when it raised £18 million with a flotation price of 94p but now languishes at less than 9p - is it likely that it will ever see 94p again?

Recommendations appear to be many, the share rises and then falls back for no apparent reason. Now IEN's new Nomad/Broker, Canaccord Adams, has issued a Buy Target of 12p.

The order cancellation following the merger of the Chelsea and Yorkshire Building Societies seems to be overdone. Was there ever an announcement regarding wining this contract?

The cancellation of IEN's Share Premium Account is a move in the right direction and although it's unlikely that IEN will pay a dividend for 2009, as there will little improvement on 2008's figures.

Post Year End (31 December, 2009), all the news, other than the order cancellation, seems to be good:

1. A major customer is now committed to a V4 upgrade involving a 3 year licence extension.

2. The long awaited launch of the Orange Credit Card became a reality in early January. According to IEN "it has received much praise from the financial press for its innovative features."

3. Amongst other client gains will be a full contribution from National Savings & Investments.

4. Additional mobile banking and e-statements opportunities will present themselves and IEN expects other licence extension throughout 2010.

Having absorbed these points and noted firstly that BlackRock has increased its holding in IEN. The second major happening is that IEN successfully raised £0.75m (gross), by placing of 8,340,868 ordinary shares at a price of 9p with established institutional shareholders, the Company's Chairman, Clive Richards, also subscribed.

These funds are being used to develop IEN's NetFinance mobile banking platform in order to address the significant mobile banking opportunities in the United Kingdom, as well as internationally. The market is enormous! Recent indications suggest that the mobile banking market in Western Europe will grow to €4-5 billion by 2013, as banks target mobile transactions to drive revenue growth.

It is expected that IEN's solution will service this demand and provide a comprehensive mobile banking service to bank customers. This service will supersede what is currently on offer, which use basic ATM functions. IEN's system will provide a secure, branded platform, enabling consumer banking customers to see their banking details across all of their accounts from current, saving to credit card as well as a complete summary of account activity which will include money in, money out, pending transactions, available balances, as well as overdraft limits.

With its development team well in place, IEN expects to announce the existence of its mobile banking solution later this month. The initial platform will be the Apple iPhone, followed quickly by support for the Android, Blackberry and Windows mobile platforms. IEN's expected revenue will come from two sources: installation fees and also a transaction-based fee calculated by the number of registered users.

IEN's new Nomad/Broker, Canaccord Adams, claims that one of its specialities is Technology shares and it was possibly this understanding of companies in this field that caused the transfer to them. Their Buy Target of 12p is just a beginning, as the shares could easily double by the end of this month, a return to the issue price of 94p, I believe, is a distinct possibility.

Estonia, I'll be very disappointed if the share price is less than 50p by Christmas. And I'll also be disappointed if you sell your holding that cheaply.

[foreverhoping] 09/4/2010 09:36

tighting up now. with halifax, able to buy £1000 max, but sell £10000 with 7.93 - 8.50 spread.

[harrytrad3] 08/4/2010 16:50

Bid price pushed up a lot today.

[foreverhoping] 06/4/2010 15:44

only prob with getting to 12p would be spread of 8/12 ;-)

[leyton2] 06/4/2010 15:10

Going in the right direction today, this should start recovery soon, drop overdone IMHO

[loganair] 04/4/2010 09:31

31-Mar-10 New House Broker - Canaccord Adams Buy Target Price 12.00p New Coverage

[foreverhoping] 04/4/2010 08:04

hoping for a positive update this coming week. effect of contract cancellation well overdone IMHO. any predictions?

[the_hedge] 01/4/2010 23:06

harrytrad3 - as appears to be the case with this company!!