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INVO Invocas

10.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Invocas LSE:INVO London Ordinary Share GB00B0ZGN364 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 10.00 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Invocas Share Discussion Threads

Showing 176 to 200 of 325 messages
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older
DateSubjectAuthorDiscuss
14/5/2010
09:59
Surprised at the lack of interest in here when the co. is so undervalued!
mike_f
14/5/2010
07:10
Small buy in first thing hoping for another good day here. GLA
mike_f
13/5/2010
13:33
40k & 50k Buys @ 15.5p :) GLA
mike_f
13/5/2010
12:24
All buys on PLUS today, last at 15:20 15k @ 15.65p GLA
mike_f
13/5/2010
12:13
Key facts:

In December a couple of Director buys significantly higher than current share price by the CEO which shows great confidence IMHO:

22-Dec-09 Buy David Roy Macmillan 26 GBX 67,956 138000

18-Dec-09 Buy David Roy Macmillan 25 GBX 70,044 70044

I feel the price has been slipping due to the lack of news since December but now the company is extremely undervalued IMHO. NAV of £12.5M and cash of £2.1M with market cap being a measly £4M!!

All IMHO & DYOR. GLA

mike_f
13/5/2010
11:44
Up again, 10.5% now... maybe finding it's feet... GLA
mike_f
13/5/2010
11:39
It's looking like it's been tipped somewhere.

Unusually high volume but still little progress upwards considering I seemingly managed to drop the mid by 1.5p yesterday on a sale of 7.5k! Looks to be an overhang that needs clearing unfortunately.

gogoneko
13/5/2010
11:36
Nice! 46,974 buy @ full ask... tick up due. GLA
mike_f
13/5/2010
11:04
7.1% up... looking good. GLA
mike_f
13/5/2010
10:51
Good few buys coming in, should see another tick up soon. GLA
mike_f
13/5/2010
10:28
I also like the vote of confidence by the CEO when he furchesed some shares significantly above current share price at 25 and 26p. Looks like some good upside here. GLA
mike_f
13/5/2010
10:25
Hmm! I was hoping to give the directors a kick to issue an RNS due to a falling share price, but I don't mind if it starts climbing again! :)

I think that I'd label it at best "reasonably priced", but I do think that there is recovery potential here if the directors have performed well. This should be determinable within the next six weeks if the directors stick to their historical June prelims schedule. If they're still failing to get to grips though then it could be painful.

The recent gov't insolvency stats ( ) show a mixed picture for INVO business though, e.g. increasing individual UK bankruptcy numbers, increasing corporate insolvency in Scotland but falling individual insolvencies, so it'll be interesting to see how the company has managed.

What the company may find though is that if the hammer is to fall on public sector workers then my understanding is the northern UK regions' workers are most vulnerable.

gogoneko
13/5/2010
10:17
Tick up! 3.6% up on the back of a nice 35k buy. GLA
mike_f
13/5/2010
10:10
Nice... 35k buy!
mike_f
13/5/2010
09:42
gogoneko, we meet again, this looks very cheap at current price... looks like the share price has been slipping back due to the lack of news but figures look good! £12.5M NAV and £2.1M cash and a current market cap of only £4M! Might have to dip my toe in here... looks a great recovery play. GLA
mike_f
12/5/2010
07:52
That was me selling some of my shares this morning (which has dragged the price down) as a middle finger to the CEO.

When I read his operating review in the H1 report I believed that it was a message that he was aware of shareholder concerns and that he wanted to do something about it. So perhaps if I play my part in the company having a market cap. of barely more than the cash in the bank perhaps he'll be so kind as to lift a finger to reassure the market!!! IMO it's pathetic that no trading update appeared.

gogoneko
29/4/2010
14:03
Hoping to see a trading update tomorrow to see how things are developing.
gogoneko
15/4/2010
08:48
Businesses still struggling in Scotland, so presumably Invocas's services should be increasingly in demand.

Weather leads to 'hesitant' start for Scottish economy

gogoneko
21/3/2010
05:00
Good points well made.

It does seem a precarious time to pull the plug on a potential source of funds I agree, but on the other hand, with the share price so low a well funded private investment fund could flirt with the directors and if a deal is struck there is nothing investors could do to stop it, given the directors' shareholdings.

Have been holding from higher levels, when I thought it was cheap given the prospects - didn't expect to have a turnaround on my hands!

Will hold on tight and hope for the best.

investopia
20/3/2010
23:20
Don't see a delisting and believe the management have to prove themselves this time and therefore i expect to see improving results.
battlebus
20/3/2010
16:26
investopia,

A bit old :

It's something that I'm aware of as well, but I would find it too AIM-like if they did attempt it, mainly because (off the top of my head) :

1) By their own admission in the previous interims the directors (under quick and unsettling management changes) have not run the company as well as is expected during recent years in what should be the optimal operational environment, hence the share price underperformance to reflect uncertainty and disappointment.
2) The company is not under financial pressure to reduce costs by not having a listing.
3) If the company is to expand its operations in a consolidating industry then it will likely require money which could be accessed through a placing. I think that a delisting would restrict this option.
4) The market cap of the company at today's value, based on standard techniques, would, I expect, not be too harsh given their performance this FY. They have yet to prove that they can pull in the profits again to cause a share revaluation.

If the company can from this point demonstrate that it can perform well under the guidance of the current management and the share price does not respond accordingly in the year ahead, then perhaps they would have a cause to complain.

gogoneko
20/3/2010
13:39
Does any one have a view with regard to delisting risk here? I note that the directors own about 70% of the shares (from memory), is anyone here worried about that - it bugs me a little.
investopia
20/3/2010
11:52
Interest rates have to increase at some point, and consumers heavily indebted.
romi2nikki1
19/3/2010
17:10
Still holding here for similar reasons a takeover now seems unlikely.
battlebus
19/3/2010
17:07
Decided to pick up a few k today in anticipation of a return to profits in H2 but overall losses of approx. £900k for the FY (due to the £1.3m H1 one-off costs). If, as in previous years, there's a pre-close update in April, then the management are going to look pretty useless (and I'll be a few quid poorer!) if they haven't been able to generate decent, quantifiable improvements in performance under the current structure and in the current environment as they had claimed in the interims that they were getting to grips with things.

As per usual I expect the share price will dip further in the coming weeks (because I rarely manage to buy at the lowest point) but with approx. £2m+ in cash and a £5.25m market cap I think that there's more chance of a takeover than a demise.

gogoneko
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older

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