International Distributi... Share Discussion Threads

[bigbigdave] 20/1/2010 21:23

Remember making a nice wadge with IDS in 2004-2005. Looking back it went from around 40p to just under 4 quid in around 18 months. Didn't buy in at the bottom or sell out at the top just somewhere inbetween. Would be nice to think something similar could happen with the company's founders in charge.
Will be looking to add on any dip.

[cockneyrebel] 20/1/2010 15:18

Think about it:

These are going to do 4p eps for the year.

They lost over 4p eps in H1 which means they'll do 8p+ eps in H2.

Forecasts are for 11p eps this year. They only need to make a tiny profit in H1 and a tiny improvement in H2 to meet that forecast.

In 06 they did 6p eps in H1, in 05 they did 8p eps in H1 - that's when the current boss (who has just returned to run the company) was running it. He bought half a million shares quite recently.

If they improve H1 to say just 2p eps then I can see H2 next year doing 12p - that would mean 14p for this year and big upgrades to the 16p eps for next year to 20p+ imo.

Just have a run back through the past performance and recent trading but these look a stonking buy to me even if when you initially look at the forecasts they don't look screaming cheap there's som fab growth here on a low PE imo.

All just my opinion but well worth looking through the current years numbers half on half ansd comparing with the past when these were being run by the current CEO who has returned to the co recently.

CR

[cockneyrebel] 20/1/2010 10:53

making new highs - lovely chart.

CR

[cockneyrebel] 18/1/2010 14:57

30K bought at 136p, thatr's a premium to the market.

CR

[cockneyrebel] 18/1/2010 11:55

Oh, and 16.7p for 2011 :-)

PE 11 here, falling to 8.

Eps growth - nearly 200% this year and 50% next year (and foerecasts are probably conservative).

Not many stocks growing like this - the punters will be all over them at the results imo.

CR

[cockneyrebel] 18/1/2010 11:51

Oriel now forecasting 11.5p eps for this year by the way.

CR

[cockneyrebel] 18/1/2010 11:50

Buying today - tipped anywhere?

Wasn't covered in SCSW - must have missed the deadline so should be in next months.

I see results will be March 23rd this year, nearly a month earlier than last year.

Cr

[cockneyrebel] 15/1/2010 11:02

Should get a good update in SCSW tomorrow imo.

CR

[bigbigdave] 13/1/2010 14:27

Put like that makes IDS seem mega cheap!

[cockneyrebel] 13/1/2010 14:17

Broker upgrades.

4p eps forecast for the year just ended now (was -6p a few months ago).

Next year's forecast to be upgraded at the results.

Reckon they do a tad better than 4p in the year gone then and the 8.9p forecast for this year likely to be 12p+ imo.

20011's 14p looks like it could easily be 20p+ imo Earnings certainly look like hitting an all time high in the next 12-18 months imo.

14.5p eps was the highs two years ago - 370p a share then :-)

CR

[bigbigdave] 12/1/2010 07:38

Nice eh? 8-)

[cockneyrebel] 12/1/2010 07:37

Significantly ahead:-)

CR

[cockneyrebel] 07/1/2010 14:36

Cheers

I suspect if people can't get out to the shops they are sat at home buying more off the telly too :-)

CR

[willpeterson] 06/1/2010 12:11

According this article poor financial and operational performance have seen the company's founders return and a strong management team is now revitalising the business.Losses look to be a thing of the past and profit, cash generation and net cash are now the names of the game...
Here it is

[bigbigdave] 05/1/2010 12:10

Nice, going thro' 150p in no time at this rate.

[cockneyrebel] 04/1/2010 12:35

On the up nicely today - trading statement pretty imminent.

CR

[cockneyrebel] 29/12/2009 13:11

Creeping up on L2

CR

[cockneyrebel] 28/12/2009 11:54

Both stocks look equally exciting imo aim11.

Both could have staggering growth rates way above the current forecasts.

Forecasts for IDS were well behind the curve a few months ago and still are imo.

FBDU look to be similarly behind the curve, perhaps even more so.

IDS saw large director buying a few months back, FBDU have seen the new CEO buy 13% of the company quite recently too.

Lots of similarities tho FBDU are more internet based.

I hold both simply because I think they are both undervalued and highly geared to make much greater gains on the bottom lne compated to any increased sales.

Both have Jan trading statements so I think they may both have a good month.

CR

[aim11] 23/12/2009 18:39

CR - what are your thoughts on this stock and also the acquisition relative to flying brands? any appreciated...

the chart, up until their dec 17 trading update looks incredibly similar. they are both involved in direct shopping. fbdu will have its trading update on q4 in early jan, vs this stock which on dec 17 said q4 was ahead of expectations and consensus eps was too low - stock went up 30% on that. now they seem to have acquired a direct garden retail biz on c10x pre-tax profit.

IDS is on 15x 2010 and 9x 2011 isn't it? fbdu did 10p in h1 and i reckon could do 12-15p in 2009 which would put that stock on 5x. consensus has 9p eps for 2010 and £2.6mn pre tax for fbdu but that appears far off what is achievable. fbdu mkt cap is £19mn with NO debt, so even if 2010 is correct 10x pre tax would be £26mn vs £19mn mkt cap.

[cockneyrebel] 23/12/2009 10:29

Just a fe profit takers today - dips don't last long here and bounces are steep. Lots more to come by the Jan t/s imo.

CR

[pre] 23/12/2009 08:08

yep very good news indeed....this is getting better and better...i like the comments from the chief exec. which add greater confidence imo.

Commenting on the acquisition Mike Hancox, Chief Executive said:


"IDS is delighted to announce the proposed acquisition of LTGL which has a clear
strategic and financial rationale. LTGL has key features that complement the
growing gardening category of IDS's existing business and is expected to enhance
future earnings. IDS will leverage the combined customer base and provide
internet expertise that will enable LTGL to grow profitably offering significant
benefit to Shareholders."

[cockneyrebel] 23/12/2009 07:38

Nice acquisition announced today, earnings enhancing and earnings H1 weighted so it will boost H1 in the coming year.

Nice that they can balance up earnings and cash generation too a bit more between H1 and H2.

CR

[cockneyrebel] 22/12/2009 17:28

No price target but they say Most importantly the direction of earnings momentum is firmly in positive territory. They say they've only paired back 270bps of the 450bps lost last year on gross margins. But as they move to 'direct despatch' and 'supplier held' there wll be further gains to come.

Say the co has outperformed geneneral retail this year on a two year basis they have underperformed by 35% and yet show encouraging signs of returning back to 2007 levels of profitability.

Forecasting a further 4.3% increase in sales next year.

Forecasting £9.6m free cashflow next year followed by £17m in 2011 :-)

CR