Idox Share Discussion Threads

[sportbilly1976] 20/11/2012 13:37

A week old, but it hadn't been posted earlier...

On the 12th Investec raised their price from 43p to 47p and retained their buy stance here

[2breakout] 20/11/2012 13:15

AU. You wonder about all the highly paid advisors, banks and accountants on the deal. They should be the ones who are charged. Like this rogue trader at UBS, surely there were many highly paid people in compliance and management, but they never seem to be able to see anything but their next lunch, pint, porsche or lapdance.

[sportbilly1976] 20/11/2012 13:05

PJ,

usually it brings in buyers....

[bluebelle] 20/11/2012 12:48

I can only speak for myself, but I'm not selling !!!

[pj 1] 20/11/2012 12:27

So will Profit Takers move in, or will buyers see the possibilities....!!!!!!!!????

[sportbilly1976] 20/11/2012 12:21

all set to move into new high territory...

[cheshire man] 20/11/2012 12:14

Let's hope so bbd,,,,,,,,

[bigbigdave] 19/11/2012 16:58

Most of the day's gains held into the close suggests to me that the seller is FINALLY done!

[lignum] 19/11/2012 15:57

M1das - agree re reliability - I've been holding since 2005, topped up in 2007 and again in 2011 - everytime I look at them I like what I see but it's only in last couple of years that they've got real traction going on earnings. Also I like the fact they're generating cash and paying increasing dividends. Lots more to come imho.

[protean] 19/11/2012 14:38

"#TMFPP $IDOX.L shares hit all time high, up 3% at 42p, following last week's positive update, amid rumours of upgrades on results due."

[m1das_touch] 19/11/2012 13:48

I love the reliability of IDOX management - they never seem to disappoint. This is the best performing share in my SIPP by some margin. Bought in at 16p in January 2011 so now showing a gain of over 160%. My only regret is taking profits on 1/3 of my holding back in July, albeit at 38p so can't complain too much. And as the saying goes, a profit is never a real profit until it's banked.

I wonder where IDOX will be in say 5 years time...main market listing perhaps? Knocking on the door of the FTSE 250 perhaps? Well it's always nice to dream :) For now I'm happy to hold and hold.

[cheshire man] 19/11/2012 10:40

Lignum,,,,,,,,,thinking along the same lines myself :-)

[lignum] 19/11/2012 10:21

They also have a successful track record in buying small add-on businesses that quickly enhance earnings; with an experienced team and process for managing acquisitions and with a large pool of smallish targets still out there I expect further growth by acquisition as well as through increased customer demand.

[cfro] 19/11/2012 10:07

I would new highs very soon now. The TA picture is very positive.

[pj 1] 19/11/2012 09:44

12 November 2012

12 November 2012

Idox plc

Trading Update

Idox plc (AIM: IDOX, 'Idox' or 'the Group'), a leading independent supplier of software & services, is pleased to update shareholders on trading for the year ended 31 October 2012.

The Group's three key metrics being revenue, EBITDA and adjusted* pre-tax profit, are all expected to be comfortably ahead of consensus market expectations for the full year. Like-for-like organic growth has also been particularly encouraging in both the public sector and engineering software divisions which, together with our active acquisition programme, will deliver significant top line revenue growth for the year.

4 weeks to Results, How far ahead? Plus hopefully an optimistic outlook statement.

[bigbigdave] 19/11/2012 09:39

Agreed Saucy, looking for new highs before xmas.

[saucepan] 19/11/2012 09:29

Great technical behaviour on the chart - backtest that previous resistance has now formed support. Hopefully onwards and upwards from here.

[sportbilly1976] 16/11/2012 13:15

sorry - last two posts on wrong thread :(

[sportbilly1976] 16/11/2012 13:14

wrong thread

[phillis] 16/11/2012 13:14

"Idox will announce its final results for the year ended 31 October on Wednesday 12 December 2012.

[lignum] 16/11/2012 10:42

Agreed - these are a long term tuck away in the SIPP.

[bluebelle] 16/11/2012 09:15

I never like to see good companies with good long term prospects taken over, especially when I hold the shares with a long term view !

[sportbilly1976] 16/11/2012 09:13

well the mgmt will be pushing for a 55p a share offer at the very least...get those options in play :)

[cfro] 16/11/2012 09:07

I agree this now looking more and more like a take over target after BT's bid for Tikit.