We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Internet Bus. | LSE:IBG | London | Ordinary Share | GB0003754073 | 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% | 9.50 | - | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
20/12/2007 02:12 | OBR, count me in for 367500 ibg shares. | coffeelito | |
20/12/2007 01:04 | ken - has been no comment from me yet because I did not know. Just had an operation and been recuperating. I still hold about 1% of IBG and could really do without this. My initial reaction is - WTF !! - how can you do a strategic review a few months ago when the share price was about 3 x current levels, decide not to pursue indicative offer received in favour of a 2 year strategy to invest in and grow the business and then a few months into that strategy - when apparently trading is in line with management expectations - do a complete U-turn and accept an all (illiquid) paper offer at 1/3 of what they could have got in cash several months ago? SHAREHOLDERS (especially large ones who have invested further following the startegic review to support the strategy) AT LEAST DESERVE AN EXPLANATION !! I am even wondering if simple human factors - health related or whatever - are behind this. I know nothing about TMN yet so that will have to wait. While I have done it with some success in the past I am not keen on the idea of full scale shareholder activism in the case of IBG as I suspect it would be a costly diversion for management and a lucrative one for their advisers. However, I am in favour of forming an informal lobby group, with at least enough shares collectively to be a potential nuisance, to seek a full explanation from management and their advisers. If you are interested please let me know. Likewise anyone else interested in the idea. PS - what has happened to LRR? I reckoned he held about 2% at one time. | old boy returns | |
19/12/2007 20:16 | Ken,Look I was second lowest! lol | niggle | |
19/12/2007 18:36 | On a lighter note this brought a wry smile From the IBG shareprice thread. "Just a bit of fun to guess the Mid price of the IBG shareprice at the close of play on the day the Final Results are released for the year ending 2008. Entries close when we have enough participants. Good Luck !! 65p - Clond 66p - niggle 67p - johnyee7 68p - Aleman 70p - littleredrooster 75p - Liarspoker 79p - valuestar 81p - Lord Buffett 83p - SteMiS 85p - Integer 87p - SHANKSY1 90p - 68steve 93p - andnmand 96p - yachtmonster 100p - Omlaysause 105p - TaurusTheBear 110p - hamidahamida 118p - Costapacket 120p - the analyst 128p - Krakow 220p - hirschnathan COMPETITION CLOSES AT CLOSE OF PLAY ON THE 8TH SPETEMBER 2006" *NOT LONG TILL WE PICK THE WINNER BOYS* | kenatbabken | |
19/12/2007 16:46 | Omlaysause, if someone had told me TMN would be 41p by Xmas i would of laughed in their face twice as much as you ! | doughboy66 | |
19/12/2007 16:41 | I understand but as for the lightning I'm sure we are stronger together and in a better position to take advantage of any further opportunities that may come along. | ninjatnut | |
19/12/2007 15:59 | I hope you're right but you can understand my scepticism. If someone had told my at the beginning of June that IBG would be sold off for under 13p by Xmas I would have laughed in their face, not a chance ..... I just hope lightning doesn't strike twice! | omlaysause | |
19/12/2007 15:50 | Well you believed him!!! And yes I'm long TMN so it's possible to be as passionate about TMN as you are about IBG. TMN is even more undervalued than IBG ever was, the opportunity with IBG is immense. | ninjatnut | |
19/12/2007 15:44 | ninjatnut - Seems to me you've got seriously big rose tinted TMN glasses on. Very similar to the ones Maz was selling us only 6 months ago!!! | omlaysause | |
19/12/2007 15:41 | Dream on. The 48% are the ones that know. You only know what the company tells you and they are never going admit a problem. | ninjatnut | |
19/12/2007 15:37 | Mmmmm.....that 48% thought: 35p was too little In 2-3 years IBG would be upwards of 60p plus with a few tweaks They should sell for 13p even though 35p was too little and they were 2-3 years away from being a substantial company I think the 48% know jack in all honesty. | bonio10000 | |
19/12/2007 15:28 | You are right IBG have been bombed for much longer than that. And someone said TMN are down 18% since announcing IBG. Well that shows you what TMN investors think of IBG and 48% of IBG, the ones in the know, think it's good enough to commit to. Embrace the opportunity. | ninjatnut | |
19/12/2007 15:24 | the strategic review was initiated partly because they had already received 3 or 4 expressions of interest if I recall correctly they received indicative offers, in the range of a 10-15% premium to the then 30p plus share price I suspect TMN were one of the parties they talked to at the time, and their shareprice has fallen as hard as IBG's subsequently. | baheid101 | |
19/12/2007 15:09 | "blame Maz not TMN who are your salvation" I think TMN's drop is even greater than IBG's since the summer! | omlaysause | |
19/12/2007 13:47 | Tony you are right - blame Maz not TMN who are your salvation. Also it's been mentioned several times that IBG are only going to get 30% of the upside, wrong - it's 30% from IBG and 70% from TMN and 100% of the whole. The strategic review was a non-runner because no one wanted to buy IBG, how could Maz admit that? | ninjatnut | |
19/12/2007 13:31 | On the point of communication, listening to Maz trying to describe affiliate marketing was painful. It was made worse by the fact he thought he was explaining it clearly - he just couldn't understand why the institutions were finding it so difficult a concept to grasp. I'm quite excited by the fact that we will have a new plc team that have the opportunity to sell the idea of affiliate marketing to institutions. | the analyst | |
19/12/2007 13:27 | The TMN hook-up on the terms announced is clearly very disappointing for existing IBG shareholders, since, as others have clearly stated, it highlights Maz's abject failure over the past 6 months. He's clearly not had a clue what's doing, and his decision-making, lack of strategy (or unwillingness to follow through on a just announced strategy), and dreadful communication has destroyed trust and value. It's an understatement to say that people feel appallingly let down. But, from where things are currently (i.e. ignoring the sorry way things got to this point), hooking up with TMN seems a sensible move to me, resulting in a better positioned group than the separate parts. IBG needs more experienced management who can run a public company, which they'll now get, leaving them to do techy stuff. IBG and TMN look cheap individually, combined they'll look cheaper still (though with sentiment now in the toilet, they'll probably get cheaper yet, particularly if people wish to dump at any cost...). | tonyr | |
19/12/2007 13:21 | "When I spoke to Maz last week he was very cagey and defensive. I asked about the forecast for next year remaining the same and he said it was what they needed to do and implied they were still happy with it. However he noted that the market had voted with their feet in respect of the current strategy and they needed to have regard to that and the interests of shareholders" Yes, I remember Maz was also blaming 'shareholders' when asked why the company was not considering those 'indicative' offers at 10-15% premium six months ago. Blaming shareholders seems to be a recurring theme. I think when Maz talks about 'shareholders' in that respect, he must be talking about himself. He sure didn't seem to ask shareholders larger shareholders here and on the MF board what they thought | the analyst | |
19/12/2007 12:00 | "Maz is easily the worst communicator I have ever come across" ... and for someone whose business is the internet - the ultimate "communication" medium, it is pretty unforgivable. Those of us who met him knew just how excruciatingly bad he was at communicating, it was the most boring thing in the world to try to make sense of his mumblings and endless pauses...but we thought he was enough of a boffin to get the job done. Sheeeeeesh!!! How wrong we were!!!!!! | coffeelito | |
19/12/2007 11:49 | Maz is easily the worst communicator I have ever come across. The frustrating thing is that this inability to clearly communicate strategy at a time when the company went from being ultra high growth to facing some modest growing pains (but still growing healthily) has resulted in the market reacting as if the company was going backwards and imploding, which it never was and certainly isn't now. Small companies in dymamic markets face growing pains sometimes - it is how you effectively communicate those dynamics that ensures the market doesn't overreact. Looking back the strategic review was the catalyst for the share price decline as it signalled that(a) the company was not confident in its organic prospects (b) that possible acquirors of IBG had not been sufficiently interested to make an 'acceptable' bid. The indicative offers at 10-15% premiums to the then share price of c.30p look bloody good value given what has subsequently happened. It was completely and utterly avoidable. Management of PLCs can talk to other companies about possibly tying up all the time, unless there is an actual transaction or the share price moves up to reflect the possibility of a transaction then there is no reason to announce anything publicly to the market. | baheid101 | |
19/12/2007 11:36 | Let's face i: Maz was never a decent businessman, just a techie. Unfortunately, he *thought* he was a decent businessman, and we took him at his word. More fool us. He really hasn't got a clue and has trashed this company's value in the blink of an eye. | coffeelito | |
19/12/2007 11:33 | Stemis - spot on. To turn down 30p to 40p 6 months ago, spend £500k on new services and then to sell out for 13p is ridiculous. I'm not sure the last finals signalled a huge upturn anyway: E-commerce USA Europe all look pretty marginal in terms of worth and the Media section hardly set the world alight. | bonio10000 |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions