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OPN Ibs Open

187.50
0.00 (0.00%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Ibs Open OPN London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 187.50 01:00:00
Open Price Low Price High Price Close Price Previous Close
187.50 187.50
more quote information »

Ibs Opensystems OPN Dividends History

No dividends issued between 01 May 2014 and 01 May 2024

Top Dividend Posts

Top Posts
Posted at 03/10/2006 17:23 by tole
03-Oct-06 IBS Opensystems OPN Altium Capital Add 188.50p - - Reiteration
Posted at 28/4/2006 10:05 by tole
Yes XD next wednesday - maiden dividend 1.5p

See Altium gave an update at the time of AGM and as per previous post - it seems they have kept forecasts unchanged sofar - since it is currently at the early stage of the year, though they highlight confidence in their forecasts for the year - and therefore gives the chances of upgrades to come imo.

"The company reports that, supported by market share gains in both of its
key markets [housing and revenues & benefits], trading in the three months to 31
March has been very positive and ahead of internal management expectations. As a
result, management remains confident of continuing growth in FY 2006E."

Revenue growth 14% and margins at 29%

Altium reiterate BUY - based on the stocks valuation and possible takeout target. Stick with current price target of 195p.

Unsure if NUMIS have given an update since the AGM - but they last had an ADD recommendation at circa 190 taget where they stated the valuation continued to look attractive.. But did note that in their last note they did state that they will look to review their forecasts further as they moved through the year.
Posted at 25/4/2006 14:01 by tole
Yep agree off the radar from the masses at the moment but only takes a tip to change all that. (The one thing that had been lacking here)

Personally feel that trading is gonna be substantially ahead come the interims going by the contracts they seem to be pulling in. Reckon there is lots of potential to come from their new products which were recently launched. Note the last sentance imo

Off their recent results

"A number of new software solutions have been developed and launched during the
latter part of the year, which have opened up new markets for the Company and
produced additional revenue streams. These include OPENQuery, OPENMobile and
Workflow, all of which have been well received by both new and existing
customers with over 50 orders taken in the latter part of the year. These
solutions can be used in both the Local Government and Social Housing markets
and are not limited to just IBS OPENSystem's sites. Orders to date only
represent a small percentage of the possible future market potential."


Also still trading cum-divi.

"The Board has considered its dividend policy and is recommending a final
dividend of 1.5p per ordinary share. This dividend, if approved, will be paid on
1st June 2006 to shareholders on the register at the close of business on 5th
May 2006."
Posted at 25/4/2006 09:48 by tole
Numis has a buy rating for IBS Opensystem.

IBS Opensystems OPN 25-Apr Altium Capital Buy 176.50p 195.00p - Reiteration
Posted at 25/2/2006 14:27 by tole
Well thats the first upgrade after the results - plenty of upside to come :)
Still waiting to find out if I can get a copy of the broker note.



IBS Opensystems OPN

Date - 23rd Feb
Broker - Altium Capital

Recommendation - Buy
Share Price - 166.50p
Old Price Target - 180.00p
New Price Target - 195.00p
Broker Change - Upgrade


Also noticed it got a mention in the TimesOnline stating the upgrade -

Altium raised IBS Open Systems to "buy" from "add"

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