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IEN Intelligent Env

7.125
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Intelligent Env LSE:IEN London Ordinary Share GB0004630454 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% 7.125 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Intelligent Environments Share Discussion Threads

Showing 5826 to 5848 of 5925 messages
Chat Pages: 237  236  235  234  233  232  231  230  229  228  227  226  Older
DateSubjectAuthorDiscuss
27/4/2010
09:31
and yr reasons Harrytrad?
estonia
27/4/2010
07:18
Dont ask me why but I think we are about to move up!
harrytrad3
19/4/2010
17:09
not tempting providence... just agreeing with what is possible Harrytrad
estonia
19/4/2010
16:09
Estonia and Meict dont tempt providence!
harrytrad3
19/4/2010
13:54
agreed meict..
estonia
19/4/2010
11:15
Estonia,

If it moves up an average of 1.11p per week, you'll have your 50p by Christmas! It's probably too much to ask but if it happens for the next two weeks we'll be
on our first target of 12p.

meic

meict
19/4/2010
11:00
moving up nicely...........slowly...but surely
estonia
14/4/2010
14:37
A cynic might suggest that the fallen Chelsea opportunity has been rolled out in 3 announcements to dampen the share price

It wasn`t an income stream so why the trumpetting of it?

First time around I thought it may have been to make the `selected few` share placing cheaper (ie top 4 or five shareholders participated in the raising of £750,000. And the price they paid was cheap compared with previous months` share price

I hope that there is no manipulation involved.

And IEN why is there no upbeat commentary?

harrytrad3
14/4/2010
13:26
meict

IEN don't have a Finance Director, the CEO does that role part-time as well. keeps their costs down but possibly it's too much for him to cover

kruger2004
13/4/2010
22:01
There's no need to worry Martin. This is just a slip, somebody saw a profit for his shares and somebody who probably knew more will have bought them whilst the Market Makers have made a rather good profit.

I've had my grouse about the presentation of the annual accounts and that's an end to it.

From now on Intelligent Environments are going to thrive. I had hoped that the shares would double by the end of the month but I'll be more than happy if they match Canaccord Adams' Buy Target of 12p at the end of this month or even at the end of May.

I envisage great things for this company and Estonia will see his 50p quicker than he thinks. Hopefully, those who sold today will repurchase their shares at a lower price.

Meic

meict
13/4/2010
19:28
The 2.25m shares were sold on 9th April, and they were (permitedly) late reported. I'm not 'in the trade' so I am only guessing, but my guess is that the 2.25m shares were largely placed before the sale was announced.

All this talk about whether the news was well presented or badly presented makes me embarrassed to be a shareholder. All that matters is how well the company is doing: how well the wider market thinks the company is doing is only important to those who want to buy or sell the shares, or if there is a need to raise new capital or fend off a predator.

That said, it is disappointing to see the share price fall back. I guess it fell because those 2.25m shares were looking for a home.
Nigel Martin

gnnmartin
13/4/2010
18:23
How long will it take to absorb those Two and a Quarter Million shares?

The MM's haven't moved the share price down perhaps an institution has already hoovered them up.

M

meict
13/4/2010
17:18
I agree The Company is too honest for its own good...more clumsy than anything else....but these are just words..........more importantly more good news with futher developments will win the day...........and as I have always believed the best is yet to come!.
estonia
13/4/2010
17:10
At 9:57 this morning,it appears that somebody sold 2,250,000 shares for 8.13p.

YES! Two and a Quarter Million Shares! For £182,812.

Where's Estonia?

meic

meict
13/4/2010
16:44
Oops!

Thank you StrollingMolby for pointing out that unforced error.

I am expecting an announcement later this month, which will be very good news.

Hopefully that will revive the share price.

meic

meict
13/4/2010
16:35
Looking at and trying to make some sense of the trades that have been made today, I arrive at the following figures:

Traded: 582,469

Sold: 160,368

Bought: 402,101

Unknown 20,000

Probably nonsense but this is what the report appears to say.

M

meict
13/4/2010
16:33
meict,

Alas, there should have been two announcements not one. Clive Richards has told us today:

"Post period end, we successfully raised new money which has enabled the Group to complete its new mobile banking platform which, I am pleased to announce has already been sold to a high profile financial services customer".

Surely it would have been better to make this announcement a week today when the disappointment caused by this update had worn off.

-------------------

That was the placing announced on 17-Feb:



SM

strollingmolby
13/4/2010
16:19
Final Results

I am sorely disappointed by the way this has been handled. Undoubtedly many other Intelligent Environments shareholders, including members of this bulletin board, feel the same.

They had bad news to tell us and they handled it badly.

On 4 December 2009, IEN informed shareholders that because of:

"The recent announcement of the merger of two major UK financial institutions in the building society sector has resulted in a significant order for the IE NetFinance platform being cancelled.

"As a result, revenues and profit for the year ending 31 December will not meet market expectations, but should be in line with 2008. Current year cash flows have not been materially affected. In addition, despite winning 4 new clients in the year compared to 2 in 2008, the downturn in the consumer finance market has limited the growth potential in 2009 of our transactional based revenue model, which is a temporary setback to long term profitable growth"

Less than two months later on 26 January (another Tuesday), they posted this pre-close year end trading update:

"As previously reported, due to the recent merger of the Chelsea Building Society and the Yorkshire Building Society, a significant order for our IE NetFinace platform was cancelled. As a result, revenues for the full year are expected to be £6.4m with estimated operating profits of £1.0m.

"Despite this project cancellation, I am pleased to report that significant progress was achieved across the group. During the period, cash generation remained strong with our cash position at the year-end improving 10% to £1.1 million. This was underpinned by growing recurring revenues, which are now 30% of total revenues up 5% on 2008 and driven by our NS&I saving solution which went live in Quarter 4 2009."

What is the Financial Director playing at? He must have known to the penny, even before the year end, what the Company was or was not making. And now he tells us that operating profits are not £1 million BUT £860,000!

Why harp on and on about the cancellation of the order caused by the amalgamation of the Chelsea and the Yorkshire Building Societies? Some money was probably lost here but how much? [A profit of £500,000 was expected] You can't count a profit until you've banked it but IEN don't seem to play by normal rules.

Without seeing the books, I don't intend to try and best guess where this £140,000 and other profits have been lost. Staff numbers have increased by around 14% plus ten employees in India but the increased costs seem small in comparison.

As I believe that income is going to rise substantially this year it may have been prudent to roll over the £400,000 (actually £354,117) amortisation charge (or £214,000 of it) into the current financial year. If they'd omitted this charged this year, they could have claimed a modest rise in Profit Before Tax.

Alas, there should have been two announcements not one. Clive Richards has told us today:

"Post period end, we successfully raised new money which has enabled the Group to complete its new mobile banking platform which, I am pleased to announce has already been sold to a high profile financial services customer".

Surely it would have been better to make this announcement a week today when the disappointment caused by this update had worn off.

Having vented my spleen about what I perceive as clumsy handling of this and previous announcements, I must admit that IEN have done very well under most trying conditions.

I am still expecting great things of Intelligent Environments and if an opportunity arises increase my holding substantially.

meic

meict
13/4/2010
16:01
This is frustrating. Just reread A.

Talk about talking a good company down.

How often was the Chelsea thing mentioned?

It might be suggessted it was to underline that the company may have made an 8 or 10 per cent stride forward if all had gone to plan. But in the world of commerce £500,000 is not that much of a biggy.

The promise of an update at half year end on mobile world and a familiar hint of a dividend sometime unsoon is hardly inspiring.

No wonder the price dropped today.

I remain long but come on chaps.

I wonder if Sir Clive would like me to write his next statement/intro.

Lets hope the new housebroker can inject some City enthusiasm on the back of this.

harrytrad3
13/4/2010
07:04
Overall good progress seen in the results.

I wonder who the high profile mobile banking customer is?

(The results give a lot of mentions to the cancelled contract opportunity towards the end of last year; which I find strange given it was given its own announcement in November. It was not even a done deal so chaps move on).

Lets see how we progress with share price today.

I will estimate 12p

harrytrad3
12/4/2010
20:55
Tomorrow will be a good day
harrytrad3
12/4/2010
16:06
Moves in the right direction for a change. Up 11% of Friday and more than 18% today. A repeat of today's performance and the share price will be have surpassed Canaccord Adams' Buy Target of 12p.

Twenty-five days of rises at a 1.625p per day and Estonia will have his 50p.

Wishful thinking undoubtedly but I'd still like to see the shares double by the end of the month.

meic

meict
12/4/2010
11:46
correct meict
estonia
Chat Pages: 237  236  235  234  233  232  231  230  229  228  227  226  Older

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