Ide Share Discussion Threads

[beeks of arabia] 21/4/2022 13:58

Stick some in clco Davey boy, you know you want to :)

[knigel] 21/4/2022 13:00

Decided to get another batch at 1.03p as I can’t see any D4E being below a penny - hopefully closer to 2.5p (but I understand why Dave sold - thought about it a few times myself recently)

[beeks of arabia] 21/4/2022 12:52

One persons loss is anothers (possible!) Gain.I'll have a few of those I reckon

[knigel] 21/4/2022 12:51

Thanks - I thought it might be one of the regulars but brokers having a laugh again - as you say, if there’s better offers out there go for it! Thanks for confirming :-)

[dave4545] 21/4/2022 12:50

Decided to take a loss and reduce a good few Knigel.

750k to show at 1p too

[knigel] 21/4/2022 12:42

WTF just happen?

[knigel] 19/4/2022 10:26

I take CT point that existing shareholders might end up with less than a third of the new share issue post any D4E but no point selling atm although no compelling reason to buy either!

[dave4545] 19/4/2022 09:22

Just got to wait it out, mm's are looking for blood again as normal with IDE.

They should convert at a decent premium so probably worth the wait and our escape out of this stock

[knigel] 19/4/2022 07:51

..and a cheery morning to you too - it depends on the conversion price - the last trading update was extremely positive and we have known about the company wanting to remove the debt for a while so this isn’t new - but if the plan is to go private they should say so!

[clocktower] 19/4/2022 07:38

Conversions of loans usually wipe out nearly all PI’s value, and often result in being delisted in time.

[knigel] 13/4/2022 22:35

True - but like Dave (I believe) i already have a seven figure holding so it’s tempting to keep adding but i get wary when a share becomes 25% of my portfolio (which has happen this month thanks to LVCG and previously TNT so maybe I might get a hat trick lol)

[p1nkfish] 13/4/2022 22:28

Probably higher by the time news lands.

[knigel] 13/4/2022 22:09

Well at least you can now buy at 1.1999p - not that I plan to add until we get some decent news

[knigel] 13/4/2022 15:41

Really strange 8-9 small trades all at the same time!

[dave4545] 12/4/2022 10:31

Lets hope they do not pay back the loan.

Then IDE get a load of 1p stock

[knigel] 12/4/2022 10:25

Apparently IDE Connect is now breaking even and may be in profit for the second half - makes you wonder what they are doing differently!!

[beeks of arabia] 12/4/2022 08:52

Meanwhile clco is off to the races. (I hold both, including 1% of clco)

[p1nkfish] 11/4/2022 22:22

The part they shifted to cloudcoco was the dead head part.
Better gone imho.

[knigel] 11/4/2022 16:55

Fair enough - maybe Cloudcoco shares will double to compensate (presuming a loan conversion) but I can’t recall many mentioning it was a bad deal at the time - seems like they wanted rid at literally any price - if they ever have an online investor presentation it can be raised..

[dave4545] 11/4/2022 16:04

Yep, I bet when it's turned around it will make £2-5 mil profits and thus be worth £15-30 million

Sold for £250k

[na_bmth] 11/4/2022 16:02

I'm completely aware that it was a drag on the group, I know IDE connect very well, but the deal was an EXTREMELY bad one for IDE shareholders, to the point I would call it dereliction of duty from the directors, I would personally have paid double and still think I was getting an absurdly good deal.

[knigel] 11/4/2022 15:25

Connect was loss making and a drag on the company so that’s why they sold it - plus they might be converting the loan to Cloudcoco into shares later this year - now they can focus on the high growth remaining business - but obviously I take your point about the assets..

[dave4545] 11/4/2022 14:47

Although a few months away be worth holding for results day.

With £2.1 mil ebitda profit already banked for half year the full year results should look great and give the shares a good spike.