Ide Share Discussion Threads

[merguezdamour182] 04/1/2021 07:10

Good news at last! Let's see what the market thinks.

[computercoders] 25/12/2020 13:45

What's with all the price monitoring extensions?

[scubadiverr] 17/12/2020 10:29

Multi bag of debt

[computercoders] 14/12/2020 20:24

This should fly soon. Way oversold. Multibagger

[agedman] 14/12/2020 04:22

I will take that as a compliment ;-) Just trying to present the facts that have been put in the public domain. Debt - inhouse, consolidation of data center estate etc. And of course the longer term intention of Smith to build MXLG - whuch may include IDE. Anyhow enough from me - have a Merry Christmas and a Happy New Year.

[ivan danko] 13/12/2020 22:38

You sound like chimers !!!!!

[na_bmth] 13/12/2020 21:22

Growing it in a way that's even remotely enough to make an impact of the debt pile is not realistic in 4.5 years, they've been trying for years but shrinking instead, and the general economic situation is awful. They have opportunities but nothing that's going to pay off tens of millions.

That means it's going to be rolled over and increased further.

Finding a buyer with very deep pockets willing to take on/pay off the debt is the only option here, but no-one is springing to mind.

[agedman] 13/12/2020 01:32

Don't forget this post from early covid from IDE - As we support the Ministry of Justice, Department for Work and Pensions, National Grid and various public and private hospitals (including 35 hospitals for Nuffield Health) and we are an IT services operation, we believe we are well within government guidelines, so we will endeavor to be fully operational as a company.

[agedman] 12/12/2020 21:53

By growing the business and then selling it?

[na_bmth] 12/12/2020 18:14

No-one here wants them to succeed more than I do, but you haven't answered the point of how exactly the share price is going to rise when there's an ever increasing debt pile.

[agedman] 11/12/2020 11:49

With a due respect i totally disagree with you. They are not holding out for the loan notes they need the equity to work for them as well.

[na_bmth] 11/12/2020 10:04

So when MXC's loan notes get to say, £22M, and IDE is therefore over £22M in debt, how's that share price going to look? MXC will roll it over and let it keep growing.

Until they say something publicly about it, we can only assume that the debt is going to increase exponentially until administration and MXC wipes out the shareholders.

[agedman] 10/12/2020 21:16

Its my understanding that Smith needs 8 p plus for him to recoup his losses. Thats alongside his loan notes doubling in value over the 6 year term. The data center consolidation will pay dividends and they have their own mpls network and datacenter. They've bought Nimoveri so as to acquire the skills of Adam Eaton - who, lets not forget, was with Equinix for many years and probably is now past his non compete clause. I havent written this off at all - I know the share price is grim at the moment but dont forget Finncap are not issuing guidance yet.

[na_bmth] 10/12/2020 10:14

MXC want out in 5 years, there's zero chance IDE will generate the level of profit required to pay it off or make anything other than a small dent in it.

The share price won't rise significantly allowing MXC to sell their 43% until the debt (to themselves) is cleared or they're making a good enough profit, so what's the play here?

No-one in their right mind would buy IDE in it's current state for any more than the current valuation, and they have no significant assets. Their network is good but wouldn't be hard to replicate.

I have a decent holding here, but have basically written it off.

[agedman] 10/12/2020 09:25

In 4 1/2 years plus? Not a problem - more the case is to how much they'll be taken over for within a couple of years - for Smith et al has to be 8p +

[na_bmth] 10/12/2020 09:19

Has anyone worked out how they're going to find over £20M when the loan notes become due?

[merguezdamour182] 04/12/2020 12:15

Let's hope you're right!

[computercoders] 04/12/2020 00:50

I think something big is afoot. I've bought as much as I dare down here. Some of my trades haven't shown.

[merguezdamour182] 03/12/2020 17:33

Further price monitoring extensions at the close of business today. Hmmmm? Here's hoping there is something positive to come.

[agedman] 02/12/2020 14:50

i agree - the half glass empty in me thinks its a big sell but would have thought the 'ask' would have come down significantly. Massive spread so G knows.....

[na_bmth] 02/12/2020 14:28

Some big trades could be printed soon...someone probably dumping a huge amount of stock. I'd have happily had that 9M shares the other day at the price it went for, any idea where to get them at that price?!

[mouldster] 02/12/2020 14:13

Agree with you AgedMan, it seems odd. I wondered whether there may be a large order being matched and not yet reported. I bought here on Monday and didn't manage to find my trades recorded anywhere, but maybe it's a case of not knowing where to look.

[agedman] 02/12/2020 13:10

Anyone got a view as to these price auctions? They seem odd on a day of no trades/ news. (ok -100k shares on Aquis)

[computercoders] 01/12/2020 05:46

Love u beek