Idox Share Discussion Threads

[lignum] 15/11/2012 22:27

Idox has built itself a fantastic position here with local govt. Managed services contracts and long term relationships will make them very hard to dislodge from existing positions and make it relatively easy for them to the LAs they don't already have. Also large synergies come into play with each additional contract.

[greenroom78] 15/11/2012 22:21

IDOX is going to cost whoever more than 30p now.

[davidosh] 15/11/2012 22:02

Incidentally when I first bought a stake here two and a half years ago I had the view that we might see 30p but at that point and with the size of the company over £100m and dominating some of the local government and public sector departments to which it provides services then I rather expected Serco or Capita to step in and bid for IDOX and steal the likely upside for themselves....BT going for Tikit has got me thinking again.

[phillis] 15/11/2012 17:30

BT buying TIKIT

[greenroom78] 15/11/2012 16:47

Large volume this afternoon and most of it in a few minutes, hoping that is the back of them (whoever it is). 19m should be enough to trigger a holdings RNS though.

[bigbigdave] 15/11/2012 16:33

Hopefully thats the large volume clearing out the seller.

[lignum] 15/11/2012 16:31

Only 5 shareholders hold more than 15m shares - ISIS, Herald, Investec, Liontrust & Highclere - shares marked as sales at 40p - who's the buyer?

[sportbilly1976] 15/11/2012 16:21

any ideas on the 17 million of large trades this pm??

[bigbigdave] 14/11/2012 19:38

Hope you won't mind me highlighting this post david, I'm sure IDOX fans will find it interesting reading.

[greenroom78] 14/11/2012 18:36

Lol, I was expecting a 'catchphrase'. Glad I bought the last dip down to 37p, wasn't expecting such a bullish statement though, personally I am looking forward to seeing if management hit their personal target of 100p+.

[bigbigdave] 14/11/2012 18:28

I'd be buying more Green if I didn't have so many already........

[greenroom78] 14/11/2012 18:26

Thanks BBD, any suggestions about what to do with this little dip?

[bluebelle] 14/11/2012 18:19

Thanks bbd - surprised that wasn't circulated more widely by the company - I certainly did get a copy. Impressive win.

[cfro] 14/11/2012 18:15

Thanks bbd, thats looks great.

[bigbigdave] 14/11/2012 16:20

Westminster City Council selects Idox Group for IT infrastructure
Published 14 November 2012

Idox Group (Idox) has been selected by Westminster City Council (Westminster) to deliver a significant portion of its IT infrastructure-free plan.

[cfro] 13/11/2012 08:00

Thats what i meant davidosh, sorry if people misunderstood me.

3.5p looks the minimum now and wouldnt be at all surprised if there wasnt more upgrades.

[davidosh] 12/11/2012 22:02

Cfro...it will be close to 3.2p for the year just finished. This year I am expecting at least 3.5p now and probably more at the rate they increase forecasts through the year.

[cfro] 12/11/2012 20:41

Back in on todays news. Super update.

I would expect eps of around 3.2p for this year now.

[sportbilly1976] 12/11/2012 15:07

seller holds things back at 42p by the looks of things

[sportbilly1976] 12/11/2012 11:39

best part of 500k bought up there in nice lumps

[pj 1] 12/11/2012 11:11

I have historic p/e @ x17, current x12 @ 3.2p estimated eps for 2012.

I am more interested in targets for year end 2013, any thoughts?

[greenroom78] 12/11/2012 11:04

I'd agree about the P/E. That is historic and they have made several enhancing acquisitions as well this year. I'd expect it to be nearer 10 than 20. NAI.

[davidosh] 12/11/2012 10:57

rovers2....I make the p/e on the basis of that update not likely to be higher than 13 so you must have your digits the wrong way round !?

Concensus pre update was for ptp at £14.4m and eps 2.9p for year to Oct 2012 then £16m and 3.2p for this year

I think we will be closer to 2013 figures now

[sportbilly1976] 12/11/2012 10:36

what is the consensus of market opinion for here in terms of revenue & profit?

be interested to re-evaluate target prices for here..

[rovers2] 12/11/2012 10:34

Excellent trading update. Only issue here is the p/e 31, on that sort of rating the news has to be excellent, especially in these nervous markets.