|International Marketing & Sales Grp
||EPS - Basic
||Market Cap (m)
Real-Time news about Intl.Marketing (London Stock Exchange): 0 recent articles
|mister md: announced 13th oct
The Company also announces the grant, to certain members of the Board of
Directors, of options to subscribe for a combined 372,000 ordinary shares at an
exercise price of 30p in accordance with the IMSG share option scheme.|
|stemis: The company is well over valued.
A P/E of over 20 with most of its earnings in Russia and CIS countries.
What is to stop those who sold their companies to IMSG setting up in business again and 'taking back' the contracts from their mates. Do you think IMSG will be able to enforce non compete clauses in Russia? Hasn't the CEO for Russia just left to 'pursue other interests'. Anyone know where he is going?
If there was any decent business in these countries the big international boys would come in and scoop it up. Why haven't they? Because they know the score.
The only thing keeping this share price up is the company buying back its own shares. Wait for the directors to start selling.|
|charleyduck: I bought earlier thanks again to siwel - and have a tally of their buy backs to date fwiw.
On Friday 8th December 2006 their share price was 100.5p and shares in issue were 35,604,426
On Monday 11th December the egm gave approval to the buy back of 1,780,221 shares (5%)
Today another 50,000 bought at 115p made a total of 737,420 bought back to date price now 118p
They have a further 1,042,801 shares to buy back.
Each purchase cannot be more than 5% over the average mid closing price over the preceding 5 business days so they cannot pay more than 119p tomorrow!!
AND their turnover for 2006 is expected to be $95 to $100 million dollars.
It was $42million in 2005 and $21million in 2004 so a good growth story too.|
|scottie01: no what i'm saying is,imsg are saying 2nd half revenues will be strong,the share price is undervalued,their going to buy back shares,Your saying you'll buy at 90p;-),i'm saying you wont!!!,lets see who is right!|
|diogenesj: The chart does seem to have hit bottom for the moment. However, we have only one forecast, that of the house broker Canaccord Adams, heavily revised downwards after the profit warning in August, which was preceded by heavy director sales for which they obtained special permission from Canaccord Adams. (The sales contravened their lock-in agreements.) This suggests that the shares are trading on a forward PE of 26.48x for 2006 and 17.39x for 2007. Unless the brokers have raised their forecast very substantially since the results, that looks pretty expensive to me. (Even if they have, we can't rely on them, because their last forecast, on the strength of which the shares were floated at a very high price, turned out to be hopelessly over-optimistic.)
The directors think the share price is too low. What director doesn't, especially when he holds a lot of shares? I've heard many directors say this, and most of them have been proved wrong.
They say they have no inside information. What are we paying them for, then? They certainly had inside information when they sold in June.
They want to buy back a small number of shares, not for cancellation but to hold in treasury to be handed out later to themselves or used for acquisitions. That might push the share price up a bit on a quiet day, but will have no effect whatsoever on the value of the company.
What might help the share price is an undertaking to pay a dividend - but according to Canaccord Adams, the dividend promised at flotation has been cancelled.
Far be it from me to discourage anyone from investing in this. There is almost certainly a price at which it is worth buying. But I don't think I'll be rushing back in myself.|
|siwel100: SteMis....Its one of those where cheap or not cheap doesnt really enter the equation.The company states the share price is underpriced.They reassure that the company full year results will be good. But the most important fact is that on this extremely illiquid stock, they are going to buy back 5% of the shares to raise the price.
Difficult not to find that an appealing prospect.
"LONDON (AFX) - International Marketing & Sales Group PLC (IMSG), the
emerging-markets sales and marketing company, says it plans a buyback of 5 pct
of its shares.
IMSG says the shares are currently undervalued, particularly in view of the
directors' confidence for the group's second-half trading performance.
The company said the shares will be held in treasury for use in connection
with future acquisitions and an employee share scheme which IMSG intends to put
in place later this year.
The company will seek a general authority from shareholders at an
extraordinary general meeting to be held on October 30 2006 to buy back the
|thinkbig?: nearly all buys today someone is buying 5,000 lots through the day as well, only can be good for the share price.|
|affc21: Nice find DiogenesJ,hope you have more luck than myself (not this company) in getting the brokers note.
Being in the Russian market is a major plus point in my view,having been in Sibir Energy myself,but can at times be very turbulent for the share price (at least it was for Sibir Energy),although tottaly different business model.
And a recent IPO,now that I do find attractive (like a moth to a light).
Hoping it does well for you,but any sell off and I just might grab a few.
On my watch list for now.|
International Marketing & Sales share price data is direct from the London Stock Exchange