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IBM International Business Machines Corporation

118.95
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
International Business Machines Corporation LSE:IBM London Ordinary Share COM STK USD0.20 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 118.95 - 4,452 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Computer Communication Equip 61.86B 7.5B 8.1833 23.34 175.06B
International Business Machines Corporation is listed in the Computer Communication Equip sector of the London Stock Exchange with ticker IBM. The last closing price for International Business M... was US$118.95. Over the last year, International Business M... shares have traded in a share price range of US$ 118.95 to US$ 118.95.

International Business M... currently has 916,744,848 shares in issue. The market capitalisation of International Business M... is US$175.06 billion. International Business M... has a price to earnings ratio (PE ratio) of 23.34.

International Business M... Share Discussion Threads

Showing 26 to 50 of 325 messages
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older
DateSubjectAuthorDiscuss
14/6/2002
09:41
Yo Dil...
there are better opportunities to short OK... surely....
mysources would indicate that a lot of IBM business is seeing solid growth...
IBM is morphing .... IBM is a company I study and am presently not invested in but will return to very soon as soon as this end of the world panic and hysteria abates...

fse
14/6/2002
07:31
Dil,

A clueless analyst would be cutting estimates in
the current climate - just to be safe.

It takes a really clued-up or stupid analyst to upgrade.

Regards,

Justin.

jazza
14/6/2002
07:16
Mark my words folks business is on the up.

I work in Scotland in the first quarter IBM did 45k worth of P-Series business (an absoloute disaster) this quarter so far there have been over 5 Miliion.

The same is happening with software (which we all know is big margin)

Treble

treblewide
14/6/2002
07:11
Hi mate,

It isn't just analysts telling you business is picking up is it? OK treblewide doesn't work directly for IBM but he works in a channel for IBM kit.

As for the other parts of the company.................

:-)

mr euro
13/6/2002
22:50
Jazza I agree , looking at the fundamentals its a raging buy but all too often analysts have got about as much idea as your local GP has on how a company is performing.

Dil

dil
13/6/2002
22:36
Dil,

It's simple, some bits are doing better than others.

IBM are cutting staff in the bits that aren't doing so well.


The SG Cowen upgrade suggests a forward P/E of 17 falling to
14 with growth of 20% from 2002 to 2003 and a PEG of 0.85.

On fundamentals that is a bargain for a blue-chip company,
but the market ain't trading fundamentals...

jazza
13/6/2002
20:36
I'm daft

:-)

dil
13/6/2002
20:15
IBM is a very solid company that has morphed into a succesful e business solutons/provider. I would be extremely careful in shorting IBM in fact I think its daft to do so despite the most negative sentiment possible.
fse
13/6/2002
19:58
Trader2 : Hasn't had much effect.

Mr Euro et al , if they are doing so well why are they laying people off ?

Cheers

Dil

PS Thanks Limpy I'll have a look .

dil
13/6/2002
14:31
9:21AM IBM: positive comments from SG Cowen, UBS (IBM) 74.65: SG Cowen raises est based on recent restructuring actions and currency shifts; sale of HDD biz, estimated job cuts of 10k, sale of microelectronics facilities, and dollar decline should add $0.30 to 2002-03 EPS; increases 2002 est to $4.55 from $4.40 and 2003 to $5.40 from $5.30; says stock looks conspicuously undervalued; price target is $112. Separately, UBS Warburg says that IBM's restructuring actions clearly eliminate businesses that have been a drag on the co's earnings outlook, and that IBM is enhancing its competitiveness to a degree unmatched by any competitor other than HPQ; price target is $120.
trader2
13/6/2002
09:43
Medium Systems based in Norwich. Mostly Norwich Union.
bpoole
13/6/2002
09:07
Bpoole, It is as safe as any pension!!!!

Things are turning around, all the server business seems to be taking market share from Sun, Software seems to be picking up but Global Services are still struggling. Lots os people sitting on the bench.

Big Blue always comes through!!!


Where did you work?


Treble

treblewide
13/6/2002
08:40
treble - I am an IBM retiree. How is 'Big Blue' these days?
Is my pension safe?

bpoole
13/6/2002
06:36
folks, I work in the IBM sales channel. I work very closely with the main IBM sales guys in the UK. Beware there is a big difference in their numbers between Q1 and Q2. P-Series, Websphere and DB2 have noticed a huge upturn in demand. Beware!!

Treble

treblewide
13/6/2002
00:25
Limpy, I know a wee bit about this company, hope you earn some dosh but be careful around reporting season.
mr euro
12/6/2002
20:58
According to quicken average vol for IBM is 6M and they did 13M today, which adds to the down pressure in my book - worse to come
limpsfield chartist
12/6/2002
20:15
Been short on the IBM $80 July calls since last week. Like the look of ZION, thanks for pointing these out. There are so many US options to play with, it's a bit like being a kid in s sweetshop.

Biffer

biffer
12/6/2002
19:23
Dil

It's a pleasure

Have a look at ZION - another good short, did them yesterday at 53.85, target of around $45 minimum I think. A good long even in this market is IFF - potential for $40 I think and up today against the market.

Today's my best day so far this year, for all my longs and shorts in the USA - here's hoping it continues.

LC

limpsfield chartist
12/6/2002
18:55
Cheers Limpy been with you since last week.

Dil

dil
12/6/2002
16:16
Mr E

That's what I reckon - further slides ahead and these look weak so will be dragged down with it.

There was some comment today about their success in shifting some new mainframes, but the market appears to be shrugging it off so happy to stay short for now.



"IBM has sold 200 of its new lower-end z800 mainframes in the two months since they went on sale, citing the figure as evidence that rival Sun Microsystems is failing to lure customers to its own products.

Selling 200 of the systems in that period of time is an accomplishment, particularly given that many in the computing industry had been writing obituaries for the mainframe. But the pressure on mainframes is fiercer than ever as Unix servers from Hewlett-Packard, Sun and even IBM acquire mainframe abilities and a dour economy spurs no-holds-barred competition. "

limpsfield chartist
12/6/2002
15:24
You be braver than I limpy. You may see some one off costs over the next 2/3q's which will hit earnings but be warned business is getting better. I expect Q3 revenue to be trending upwards and when the one off charges are out of the way, IBM will be a lean mean beast in a far better position to capitalise than their competitors.

Of course the market can continue to slide.....

mr euro
12/6/2002
14:59
Heading for new lows today and still weak. I read somewhere (Fortune Mag?) that pre dotcom boom, IBM was valued on 1.5 x earnings or something. Based on those valuations they reckon its worth $50. Anyway, chart still bearish, lots more to come I think.
limpsfield chartist
04/6/2002
14:07
Limpy - thanks for that. IBM has withstood that latest downturn better that most other stocks in the sector - giving you some good short value to target.
trader2
04/6/2002
13:27
GE, MSFT also set to breakdown IMO
energyi
04/6/2002
13:25
Trader2

I reckon $70 minimum them maybe the mid-$50s further out

-edit- if you took this as a triple top over the past few years then it has an implied target of around $30 longer term....maybe a bit too bearish even for me...

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

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