I-Design Share Discussion Threads

[tara7] 20/10/2011 21:38

Well it bought in the buyers today.

[greenroom78] 20/10/2011 21:31

BB has gone very quiet since the IMS.

Thankfully shares magazine is still banging the IDG drum. We are 'Play of the Week' this week with a nice full page spread.

I can't post it unfortunately because of copyright, so you'll either have to buy a copy or take my word that it is a good write up.

[greenroom78] 15/10/2011 08:50

oops, wrong thread
;)

[interceptor2] 14/10/2011 22:32

Thats a great site you have found rivaldo, and saved to my favourites, as you say the client list is so impressive for a small company.

I have just been in the UK for two weeks, and kept going to Tesco to withdraw money, to see these adds in action. I guess you need to go at the right time, but I saw how it worked with the Tesco's bank adverts.

It was a good excuse not to go into the store with the other half, "I just need to use the cashpoint, and will meet you later" Then check out the electrical section, before meeting up after the check out if I timed it right.

ic2...

[greenroom78] 14/10/2011 14:36

E.On have got a spare penny or two as well ;)

[rivaldo] 14/10/2011 14:34

Just came across this extremely useful site for ATMad - keeps a month by month tab on how it's doing...and it's doing rather well.

New client in E.On, plus Vodafone, O2, Camelot, Wickes, Argos, McCain, Procotr & Gamble...not bad for an £8.5m m/cap company:

[cfro] 11/10/2011 18:29

Thanks for the articles rivaldo.

Particularly like this bit.....

" ....the company was progressing on talks with a number of other parties."

Think we've known that all along, but nice to hear it from the chief gal herself. Only a matter of time before another big contract win is announced. very soon i would suspect.

[tara7] 11/10/2011 10:33

60p to 90p, and as the trend goes on, [a lot higher after results.!!]

[greenroom78] 11/10/2011 10:17

90p is a big upgrade, it is not that long ago they were upgrading from 30 to 35p - it shows they don't really know how to value the current growth. IDG is certainly surprising the market (in a pleasant way).

I don't subscribe to watshot but a friend does, he told me IDG got a mention on there as well yesterday so certainly become better known to investors.

[rivaldo] 11/10/2011 10:11

Arbuthnot have upgraded to 90p....(and the article is incorrect - IDG have £900,0000 net cash):



"i-design promises to cash in with year-end profits
douglas hamilton
11 Oct 2011

I-DESIGN Group, the company that supplies its leading ATM advertising and marketing solution to Barclays, Nationwide Building Society and Tesco, has announced it will report a small maiden profit for the year ended September 30, 2011.

City analysts had been forecasting the Dundee-based company would post a loss before tax. It reported losses of £105,000 in the six months to the end of March.

I-design further stated in a trading statement yesterday that sales, expected to come in at around £3.5 million, were also ahead of market forecasts, as was the cash and cash equivalents position, which is expected to be about £90,000.

The company said its performance had been underpinned by two new ATM networks signed in the year – Barclays in May 2011 and YourCash, which is the largest independent supplier of ATM solutions in Europe.

I-design said full-year results would be announced in early December when it would provide a further update on current trading and progress.

City analysts welcomed the news that the company would report its first profit.

Robert Sanders, of Arbuthnot Securities, said: "I-design's trading update for the year to end September 2011 is well ahead of our expectations and we are now upgrading our target price again, this time to 90p from 80p.

"We now expect a £32,000 adjusted profit before tax for the full year 2011 versus our previous forecast of a loss before tax of £144,000. This is on an increased revenue forecast of £3.5m versus £3.2m."

He added: "In our view, the most positive aspect of the trading momentum is that it is being driven by both an increasing number of ATM-estate owners around the world taking i‑design's marketing solution software and the greater awareness of media buyers/planners in incorporating ATMs into their media campaigns."

Mr Sanders reiterated his strong "buy" recommendation on i-design shares, which closed 3.5p higher at 64.5p, a gain on the day of 5.7%. In June, the group said the "strong upward momentum in the business witnessed over the past year looks well established".

In recent months the company announced a deal with Barclays bank to supply i-design's software, called atmAd, to all of the bank's 4000 cash machines.

The firm has also developed new software called Joono which will let banks communicate with customers through mobile phones and plasma screens, in addition to cash machines."

[greenroom78] 11/10/2011 10:07

Big drop on two small sells - I wonder if we'll get a late trade show up.

[greenroom78] 11/10/2011 07:57

Nice quote from the CEO in there - Thanks Rivaldo.

[rivaldo] 11/10/2011 07:50

Nice - more contracts coming per the CEO?



"I-Design shares surge on news of software firm's maiden profit
Date: 11 October 2011
By Dominic Jeff

SHARES in cash machine advertising software firm I-Design gained almost 6 per cent yesterday after it said big contracts with Barclays and a European ATM provider helped it to its first profit.

In a brief trading update ahead of full results, the Dundee-based company surprised analysts by announcing it expects to report "a small maiden profit" before tax for the year to 30 September.

The firm launched a new generation of software this summer called "joono", and won a string of contracts including a deal to run its programmes on Barclays' 4,000 cash machines and another covering thousands of ATMs on the continent operated by independent provider YourCash.

It also numbers Royal Bank of Scotland, Santander and Nationwide among its clients.

Chief executive Ana Stewart said the joono software had sparked renewed interest from the industry and the company was progressing on talks with a number of other parties.

She said I-Design's revenues from the advertising side of the business have also been growing throughout the year, with sales gathering momentum. "As we are growing, the product is becoming more established among advertisers and that generates more interest," she said.

The firm's media sales division manages advertising from large consumer brand names such as Nivea, Vodafone, Coca-Cola and British Airways.

At the start of this year, analysts had pencilled in losses of about £300,000, compared to a £1 million deficit in the year to September 2010. Expectations were upgraded but news of a profit was still a surprise.

Martin Lister, an analyst with Edison Investment Research, said the update was encouraging.

"Notwithstanding the current uncertain economic environment, growth in revenues should continue," he said. "However, profitability is likely to be dependent on adding further joono licence revenues."

Shares were up 3.5p to 64.5p."

[greenroom78] 10/10/2011 18:44

The 6 month chart looks even better.

[tara7] 10/10/2011 18:42

Not a chart person but take a look at the one year.!!!!

[cfro] 10/10/2011 18:19

4p eps for H1 sounds about right. Personally im working on eps of 8p for the full year ending Sept 2012. And that is without any more contract wins!

[interceptor2] 10/10/2011 16:44

Cambium, could do 4p, hard to know with recent contracts still to fully kick in, and any new contracts to come. The figure I came up with and would be happy to see is a conservative 2.36p H1 and 5.43p for H2.

But please don't hold me to it, as I said it's a bit early to speculate yet.

ic2...

[tara7] 10/10/2011 16:32

Up on the bell, should be fun after in the papers tomorrow,!!

[sogoesit] 10/10/2011 16:05

Took the plunge at 63.95p
Good luck!

[cambium] 10/10/2011 15:11

4p looks good for next H

[interceptor2] 10/10/2011 12:59

Worth looking at the breakdown of each of the last six month periods, and you can see how profitable IDG are becoming. Interesting to extrapolate these figures into the future to see the potential here, but too early to speculate with any forecasts at this stage imo.

2010 H1 = LBT 660K, LPS 4.0p
2010 H2 = LBT 302K, LPS 1.0p
2011 H1 = LBT 105K, LPS 0.4p
2011 H2 = PBT 145K, EPS 1.03p *

* Esimated based on Edisons forecast, but EPS not allowing for R&D tax credits or any tax charges. Just divided by 14,105.437 shares in issue.

ic2...

[tara7] 10/10/2011 11:54

"Hold on for futher gains."!!

THAT SAYS IT ALL

[rivaldo] 10/10/2011 11:52

Cheers Sogoesit, brief but nicely put :o))

GCI see further gains (I think they mean "on cashpoints" rather than "for cash points"!):



"Maiden profit for i-design
10/10/2011 Ben Jaglom

Advertising for cash points specialist i-design Group (IDG) has confirmed it is to report a maiden profit for the year to September.

The AIM-quoted concern said that it was expecting its first profit, ahead of prior expectations of a loss of circa £144,000. Sales are also expected to be above existing forecasts, with sales of £3.5 million penciled in, while cash of approximately £900,000 is anticipated.

I-design noted that the better than expected results were driven by two deals in particular - the agreement signed with Barclays in May to supply its entire UK estate - as well as the contract made last October with Netherlands-focused ATM operator YourCash to provide its technology to a number of YourCash's cash points.

Following the announcement, analysts at house broker Arbuthnot upgraded their forecasts for the year to September 2011 from a loss of £144,000 to a profit of £32,000, raising its sales forecast from £3.2 million to £3.5 million.

Recommended by Growth Company Investor this May at 30.5p and most recently in July at 52.5p the shares have since climbed to 64p. The company has been one of the strongest performers on AIM this year, having more than doubled in value as investor confidence in the Dundee-headquartered concern has returned. Hold on for further gains."

[dvda] 10/10/2011 11:07

I'm getting quoted sub 60p to sell 10k shares, so MMs don't appear to want/need stock.