||EPS - Basic
||Market Cap (m)
Real-Time news about Itrain (London Stock Exchange): 0 recent articles
|amu240: lol@ this share price i sold out two results ago fed up like most investers i see balcee that ramper never came back.at last this is a single digit p.e stock and its still not fair value.i remember people were buying this at 12p about 3 years ago i hope they got out!.still a high risk play would not even put a grand on.the broker was part to blame what was the forcast £1.5m lmao one of the worst ever.the board are no better ramping and ramping failing and failing.but at least there now cautiously optmistic on full year.hope the long termers like julie will sell out if you want your money back try meg or amu could double your money on both.untill then might jump in at 1-1.5p good luck you will need it|
|stemis: Haven't we been here before?
The directors of itrain have zero regard for their shareholders. Forecasts are put out by their brokers and they miss them by a country mile without a word of warning. They put out bullish statements about new contracts and future turnover which fail to be reflected in any way in subsequent results.
Here's what they said in their last finals:-
The effectiveness of our growth strategy is being borne out by results: sales in the first quarter of 2006 were in excess of £500,000
And they managed turnover of £645,741 in the half year. Either sales in the second quarter were less than £145,741 and they are in deep trouble or they lied through their teeth in the finals.
This is not a growth stock and at this price its not a value stock. I wouldn't be surprised to see the share price drop below 2p (= market cap of £1.4m). Even then it would not be good value.
I bet the directors are well paid. You can just tell this is a lifestyle vehicle.|
|sunshine57: Nig - what's your opinion on CDN's share price once the suspension is lifted? The results seemed good to me but then I may be reading them wrongly -|
|stemis: Haven't we been here before?
Don't worry, the next set of results will take care of any share price appreciation!!|
|steve bond: the meeting with the chairman pat. he said in rhps that the shares had underperformed and he would be meeting the chairman on th 23rd.i have noticed the share price rising in the last few days wise money has gone in before he makes a statement.i am in much higher so i am not that wise but there is nothing going wrong with the company right now and i am looking forward to the results.mark my words there will a nice profit posted|
|patrickviera: i still think that 5p is cheap...BUT I DID WARN EVERYONE WHEN SHARE PRICE WAS 8P..THE MANAGEMENT REFUSE TO SPEAK TO SHAREHOLDERS....NEVER A GOOD SIGN!!!|
|steve bond: ITRAIN (IRN): iTrain has won its largest contract to
> date. This is to provide internet-based training for
> an existing customer, a major automotive components
> company. The contract is likely to be worth at least
> £500,000 and as much as £650,000, spread over
> three years.
> ITrain will provide online English language courses
> to around 2,000 employees. Students will be able to
> take online tests, and be awarded the appropriate
> certification. iTrain will also create a bespoke
> learning management system, which will enable tutors
> to monitor in real time the progress of students, and
> to change or prioritise teaching content during live
> sessions to maximise its effectiveness.
> Broker Corporate Synergy has confirmed its forecast
> of a £1.5m profit this year, and earnings per share
> of 1.5p. The shares are on a very low PE of 6, and
> there may be a trading statement ahead of September's
> interim results. BUY.
well if the market believed the above then the share price would be alot higher
i dont think they will post 1.5m profit.it makes my laugh tom bullford has a buy limit of 12.5p on this share what a muppet.if i had bought in at that price i would track him down and make him eat his tip.how he keeps his readers i dont know.|
|littleredrooster: Perhaps IRN will still do well. The share price reacts to the balance of trades on any particular day, or the market makers expectation of what the balance of trading will be. Those who buy and sell influence the share price, not those who don't do anything.|
|stemis: Indeed, however there is an awful lot of expectation and future progress already in the share price.
I realise you lot don't like too much detailed analysis but on first half performance, this is a £2M turnover business making £0.2M PBT which is rated at 33 times fully taxed historic earnings.
Let's be generous and say that this should attract a 10-12 x forward earnings. That's the equivalent of a PBT of £0.66 - 0.55M just to be fairly valued. If you want some sort of return over the next 3 years for your money, say 20% per annum, then in 3 years PBT needs to be £1.15 - £0.95M. That's just to ge the share price to 12p or so.
There is nothing I have seen in this company which suggests that this is likely.|
|rcktmn: We're just watching and waiting.. I went in IRN a month ago.. now just about showing a small profit !...
Waiting for Tuesday but not getting my hopes up as already got a few shares where they have released good results/news.. but the share price has gone down ! It probably won't be different with IRN... but you never know! :)... with the current market sentiment>>> always expect the worse and be pleasently surprised if it's different..|
Itrain share price data is direct from the London Stock Exchange