Ide Share Discussion Threads

[agedman] 26/8/2020 21:00

So that 2m trade yesterday was what brought the price down.

[computercoders] 26/8/2020 16:02

OK that's me done posting on here for another few months. See you again in a few months when this hopefully has some good news RNSed against it.

[agedman] 26/8/2020 15:51

quite agree sausagelover,
lets hope its a London bus scenario, new contract news, relationship with equinix developing, new website etc.

[computercoders] 26/8/2020 15:50

I have it worked out to sell 20% at 3.5p (to buy that amount back in case it drops back here again) then take 50% out at 8p - 10p and let the rest run.

[merguezdamour182] 26/8/2020 15:21

Whatever the free float is, whatever holdings we all have, the BOD need to issue some (good)news. I've been in this for years. Wish I'd sold out a year ago. Can't see 25-30p; would settle for 10p.

[hodhasharon] 26/8/2020 14:40

The more I look the more I like this. Hidden Gem.

[gaz125] 26/8/2020 14:32

I don't need to, I've had the same problem a number of times. I have a lot less than 2.5m and I would guess I have made 15 or more purchases over the past 12 months to reach the amount I have.

[computercoders] 26/8/2020 14:25

If you check my comment 20th April this year on this board I tried to topup at 2.7p and NT. Agedman tried 10k shares (or was it 100k shares) the day after NT at 2.7p and order took a while to fill he said.

[gaz125] 26/8/2020 14:17

I topped up the junior ISAs for the kids a few weeks ago and the most I could buy at a time was £250 worth.

[computercoders] 26/8/2020 14:07

Ali47fish to answer your question regarding an institutional taking a position over the reportable 3% and of course assuming they're starting accumulating their position from scratch, how do you think they'll achieve that with no more than 15% free float that's been reported? A few on this bb and LSE have commented they hold millions of those shares. So how much free float is there really when you consider how much is in private investors' sticky hands. I've held a core holding of 2.5 million for years now for example which took me a while to build up to be fair.

[hodhasharon] 26/8/2020 14:07

Only a touch over 2% in the hands of the public.

Ownership Breakdown
General Public 2.2%
8,782,024 shares
Individual Insiders 26.3%
105,329,305 shares
Institutions 28.1%
112,771,018 shares
Private Companies 43.4%
173,919,685 shares

I'm in.

[computercoders] 26/8/2020 14:02

I'll slice at those price targets I gave. If you also research MXCP and the reason you think they have a backing here with the power they have. Looks at the contracts IDE they have won in the past year. They have skin in the game. Look at the revenue (which I know has dropped) and profit vs CTEA with it's 7million cap against 75 grand revenue and never made a profit. Consider ICON with it's death spiral debt, no director buys, ICON company structural is what's known as a sacrificial company - they can easily pheonix the assets into another company. And they probably intend to as no skin in the game and look at their salaries which are disproportionate to shareholder value. Then compare IDE with skin in the game, free float of no more than 15% (check the major shareholders list on their website). Look at MXCP's history who's essentially backing the company. It's hard to buy shares here at the best of times. Often hard to sell too. NT to sell more than 100 quids worth. Sometimes a bit hard to stomach when you have a few million shares in this like me. I know a handful of investors on this board who claim to have millions of shares in this too below the 3% reportable threshold. So the question is how much free float is really out there in sticky private investors hands?

[gaz125] 26/8/2020 13:59

Ali - I see this as an MCX company that happens to have an AIM listing. I can't see how an insti could take a decent position even if they wanted to.

Ian Smith made the comment earlier this year that he remains confident that MXC will return their full investment here. IMO it's obviously a recovery play but reasonably de-risked at the current share price and I am happy to keep topping up when i can given the upside v downside potential.

[computercoders] 26/8/2020 13:46

Target 3.5 to 4p short term, 8p medium term, 25 to 30p long term

[hodhasharon] 26/8/2020 13:06

What's the deal here comp? What's your target?

IDE or ICON?

[ali47fish] 26/8/2020 12:58

apart form kestrel why aren't there any big institutions! not sure about this comppany everything is inpredictible and volatile!

[computercoders] 26/8/2020 12:46

Current major shareholders. Low free float...MXC Capital172,811,125. 43.11%Bill Dobbie55,476,117. 13.84%Richard Griffiths40,003,815 9.98%Kestrel Partners34,053,438. 8.50%LMS Capital18,161,835. 4.53%Matt Hawkins16,370,627. 4.08%

[computercoders] 26/8/2020 12:39

Buys being sneaked through NEX exchange

[computercoders] 26/8/2020 12:36

#IDE is a good buy. Revenue £28.2millionNo external debt.Rock bottom price 2.2p to buy.Low free float.

[computercoders] 26/8/2020 12:26

Thanks do you have a recent holdings breakdown?

[merguezdamour182] 26/8/2020 11:40

13-15% or thereabouts