Ide Share Discussion Threads

[chimers] 26/9/2019 07:14

In January 2019 we announced a proposed fundraising of £10.0 million by the way of the issue of secured loan notes in order to fully repay the Group's bank facilities and provide additional working capital. The first tranche of loan notes was issued in January with the remaining loan notes issued in February and March following which the Group's bank facilities were fully repaid. We saw this as a very positive step as the Group now has secure, long term funding and no external debt as the loan notes are held solely by shareholders of the Company, predominantly the three largest, two of whom are also represented on the Board. Further details of the loan notes can be found in the financial review below.

[chimers] 26/9/2019 07:13

The first six months of the year has been a period of stabilisation following the upheaval of the restructuring which took place during 2018. As a result of the actions taken during 2018, we started 2019 in a much improved position with a strong leadership team, an appropriate cost base as well as a clear focus on operational execution and customer service to drive increased profitability and cash generation. To that end, it is pleasing to report an Adjusted EBITDA* of £1.2 million (including a £0.57 million IFRS adjustment as explained in the financial review) for the period compared to the £7.6 million loss in the corresponding last year, which reflected the significant challenges the business faced last year.

[chimers] 26/9/2019 07:13

New partnership with a global IT services company, first project started post-period end in August

[chimers] 26/9/2019 07:12

Significant customer multi-year contract renewals, including a 3-year contract for cloud and hosting with a total value of £1 million

[alangrifbang] 25/9/2019 18:53

Well that's very positive for you but I can assure you hes lurking,he usually only posts his trash when the share price goes up,at the moment he is very busy here there and everywhere,

[archway1] 25/9/2019 16:19

? But Chimers isn't here!!?

[alangrifbang] 25/9/2019 16:16

As long as CHIMERS is her IM HERE!

[bullrun1] 25/9/2019 15:02

I think you have well a truly made your point now, time to move on..

[alangrifbang] 25/9/2019 12:36

Not According to chimers ,this share is going to the moon,trouble is the moon is the gutter,

[na_bmth] 24/9/2019 17:06

That leaves 2 trading sessions until I suspect the interims will be out, and 10p becomes the new 6p.

[alangrifbang] 23/9/2019 19:40

Yes bullrun but Chimers has told us its quickly going to rise to 5p 10p 15p 20p,he posts this rubbish right across the boards ,please don't get drawn in by him,you will lose out like many hundreds of people before you,

[bullrun1] 23/9/2019 15:06

The whole markets down... Tit

[alangrifbang] 23/9/2019 13:46

Where are you Chimers ,OH I see its down,

[bullrun1] 20/9/2019 16:46

You also have the traders Friday desk clearance, then also takes a few stop loses I suppose.. looking forward to next week. GLA

[chimers] 20/9/2019 16:26

Being shaken out by MM's who will want as much stock as they can get their hands on for next week.

[matunde24] 20/9/2019 16:21

Why these people selling with news around the corner?

[chimers] 20/9/2019 15:49

Very strong likelihood of News next week.
The Half-year report is due on the 21st which is Sat.
So any day next week is likely.

It is expected to be good :)
This could double if it is and treble it is os spectacular.
Fingers crossed guys.

[agedman] 18/9/2019 10:53

What a great morning! Ps I'm sure IDE employ far less people Chimers.IMHO this is being bundled up for sale.

[chimers] 18/9/2019 10:22

We get news next week whether we like it or not lol
But they may report early!!

[chimers] 18/9/2019 08:58

It settled back on profit-taking nothing more.
When that happens weak holders thin it's the end of the world and jump ship in panic and forget the reasons they invested here in the first instance.

IDE has a strong growth strategy with quite a few decent deals in the pipeline.

Why they choose not the RNS their MOJ contract I dont know.
Perhaps they see it as just a renewal so not newsworthy.

[bullrun1] 18/9/2019 08:54

The price jumps are amazing, just goes to show how how many loose shares are available, storm in a teacup brewing.GLA

[fillipe] 18/9/2019 08:53

The return to upwards coming along nicely - congrat's to all who took advantage to top-up after the recent shortly lived pull-back.

Lowest ask on show is now 7.5p, with 7.40/7.46p being paid.

f

[chimers] 18/9/2019 08:45

News is on its way!!

[bullrun1] 18/9/2019 08:32

And shes off again... nice start

[bullrun1] 17/9/2019 16:48

Nice finish, jeez that moved quickly lol