IntelliAM AI Share Discussion Threads

[ged5] 20/6/2008 11:32

Buys are outnumbering the sells in the past week but still have some catching up to do. Since the results there has been a sell off. Hopefully we're nearing the bottom.

I think we need to remind ourselves of the very positive broker report produced by Robin Speakman:-

"IMD has reported a solid set of interim results, above our expectations at the revenue, operating profit, adjusted PBT and EPS levels. The period saw further restructuring costs and an aborted acquisition which revealed an exceptional cost of c£1.3m – the outlook remains robust in the defensive healthcare sector (we expect growth of between 7% and 11% in the medical equipment and consumables markets). We expect the current half through to August 2008 to show a clean period of profitable trading and this pulls through an upgrade to our expectations (for the current year and thereafter). The long-term outlook remains positive for organic growth, building upon the acquisitions made to date. IMD's strategy remains to build operations by buying businesses and to grow these by consolidation of these into the group sales and distribution infrastructure....

...IMD has seen considerable management change in the period with a new executive team taking over group operations under the experienced Bill McGrath. We believe that this change heralds the emergence of revenue and profit momentum for the company. IMD's operations are growing and profitable and we now expect the company to begin to generate free cash flows. The valuation is inexpensive on a FY2009F PER of c3.6x (EV/EBITDA 3.0x) and a free cash flow yield of over 27%. We also note that the company trades well below its prospective NAV per share of c6.1p."

It's also worth noting that the share price was originally marked up on the day of results before the cash position freaked investors out and caused them to sell. Maybe they've all gone now and slowly buyers will return.

I feel happier with the company at the moment. I was fearful of the company going bust and it may still do so. However if it survives and I believe there is every indication that it will do so(and expand when the opportunity arises) then we have a company that should give very handsome returns. All imo

[knowing] 19/6/2008 22:02

This needs some news. It is so oversold.

[genie] 16/6/2008 15:38

Yes ladyfarmer, one of them is mine.

[ladyfarmer] 16/6/2008 09:50

This morning's trades at 1p are buys

[pomp circumstance] 13/6/2008 08:50

Another 100k+ sale , at least the seller got bid price this time!!!

[knowing] 12/6/2008 13:43

LOL I was filtered for Life before you read that idiot

LLLLLLLOOOOOOOOLLLLLL

[8trader] 12/6/2008 13:42

Filtered for life :-))

It's a nice feeling i dont get to see the dribble you write so often !

Knowing - 12 Jun'08 - 13:40 - 803 of 803 (Filtered)

[knowing] 12/6/2008 13:40

8Trader - 12 Jun'08 - 13:38 - 234 of 234


Thanks chaps.

I've put it on my monitor but i'm relucatant to buy anything in
this market unless it's a day trade.


LOL talking about short term traders

[pomp circumstance] 12/6/2008 10:31

so what about SCAP being on the OFFER?

[8trader] 12/6/2008 10:25

Here we go !

There is no hidden agenda, all i'm doing is posting the facts !

As you are a extremely short term trader i think you dislike the
fact that there's a overhang.

Dont start twisting things around please.

[tornadodown] 12/6/2008 10:19

8T someone asked a question about L2 nothing more and nothing less and then along you come preaching to the masses again.

Thank you for stating your position "dont rule out it getting cheaper first" now we all understand your ploy.

[8trader] 12/6/2008 10:12

Problem is if somebody tried to sell then the mm will only give them
0.75p, it's happening everywhere at the moment.

1p bid for 15k...1.05p offer for 150k..1.08p offer for 500k.

Indeed those that gamble and buy now could get rewarded further down
the line but dont rule out it getting cheaper first.

[piratepete612] 12/6/2008 10:02

I have had this on my watch list for months and about ready to buy.I know there is a stock overhang but the price is so low compared to the brokers note price. Any other reasons why the price is so low(other than people not buying)

[8trader] 12/6/2008 09:58

lol

L2 is no good here, people want to see what the limits are like
and see if the ovrhang is clearing !

Post them instead.

[tornadodown] 12/6/2008 09:51

WINS + KBC vs SCAP

2 v 1

[pomp circumstance] 11/6/2008 11:22

Are SCAP still on the offer?

Not much of a house broker are they!!?

[8trader] 10/6/2008 23:11

Very wrong TD.

If online you can buy 500k in one go then the real amount could be
anything upto 20 times that amount, the mm's have to protected themselves
against multiple buying at the same time by different people.

If they had 10 mil to shift they would not offer 10 mil in one go online
incase 2 people bought at the same time and then they would be 10 mil short.

Who knows how much they have to shift here but if 500k well below the offer
price i would guess no less than 3 million, more than likely 5-10 mil.

edit...if they had 500k to shift then they would probably drop the size offered
in one go to 50-100k etc etc

[tornadodown] 10/6/2008 22:39

Yes there is an overhang however the price would not be at this level if there was not so you have to way up the pro's and con's. The company is growing rapidly and also has the potential to open up sales in the US market should the FDA grant a licence. That will propel the share to new heights so I would not be over concerned by taking a stake at this low price.

If we are talking a whole 500K prior to the next move then what does that equate to in monetary terms? £5K wow big bucks.

[8trader] 06/6/2008 13:20

You're gona need more than the topping up line to get Int moving !

Online it's 1p bid for 15k v 1.08p for 500k.

[tornadodown] 06/6/2008 13:13

Some of yesterdays trades looked like rollovers Ged.I will be upping my position on INT as if they receive FDA approval this will certainly be much higher than it's present value and will have a massive market to explore.

[ged5] 06/6/2008 12:24

Still a long way to go to make up for all the one's dumped yesterday afternoon -3.225M

Someone wanted to get rid. Let's just hope that's the last.

[tornadodown] 06/6/2008 11:59

Just picked up a few at 1.075 so not a sell as reported.

[8trader] 06/6/2008 09:27

nowt gets past you then..........

[giant steps] 06/6/2008 09:24

Prices bid 1p offer 1.25p