Idox Share Discussion Threads

[blippy2] 08/1/2013 10:47

Sigh. I'm a pretty mediocre investor, but I started buying into these in Apr 2011 on the basis of a share recommendation that I thought was pukka. It's been my best performer over the last year. Just goes to show, you don't have to be original, you just have to recognise a good idea when you see it.

[m1das_touch] 08/1/2013 10:45

It's THE best performing share in my portfolio, 258% profit now in two years, having bought in originally at 16p. I keep wondering if/when to take profits...but the fundamentals are excellent and even at these levels IDOX is not on a particularly demanding rating. Plus management keep producing excellent results, so for now I'm holding.

[rathlindri] 08/1/2013 10:30

one of the best performing shares in my portfolio, I'm hoping for 75p by end of the year

[pj 1] 08/1/2013 10:27

BBD-Hopefully !! :-))

Just reviewing at the mo. Looks like Investec targets have already been hit (60p share price and adjusted eps) although only updated in December so will they update again?

Dare I ask your growth prediction. I have 20% for year end 2013 but nOt sure where I got it from, probably Broker estimate. Cheers pj

[bluebelle] 08/1/2013 10:24

Me too dive - but no chicken counting !!!

[bigbigdave] 08/1/2013 10:18

Holding for hopefully much more than 60p by end of year PJ1.

[lupins2] 08/1/2013 10:16

Just topped up myself too

[chester] 08/1/2013 09:55

Up we go...Breakout.

[davidosh] 07/1/2013 16:31

Which also means there has been a buyer and the price continues to be strong so certainly not selling at a discount.

[phillis] 07/1/2013 13:30

Highclere top slicing

[bluebelle] 06/1/2013 16:36

jamielein 4 Jan'13 - 20:02 - 2288 of 2290 1 0
It doesn't matter if you're right or wrong; here is not the place to discuss RBD.

Bluebelle 5 Jan'13 - 08:08 - 2289 of 2290 0 0 edit
I agree, jamielin.

[silkstag] 06/1/2013 15:53

Fair enough but I only made a two-line response to sarcasm, which seemed unfair as I predicted the largest AiM faller having done the algebra properly.

[bluebelle] 05/1/2013 08:08

I agree, jamielin.

[jamielein] 04/1/2013 20:02

It doesn't matter if you're right or wrong; here is not the place to discuss RBD.

[bluebelle] 04/1/2013 18:28

SilkStag 4 Jan'13 - 12:22 - 2282 of 2282 0 0
I do not propose to post RBD on this thread again



Good news indeed. I suspect none of us was waiting with bated breath for the next instalment - but alas it came anyway.

[silkstag] 04/1/2013 16:45

Thanks for the sarcasn but I note that RBD was the largest faller on AiM today at -22%. To correct the anomaly it logically will fall a further 80% in the next few weeks.

[jamielein] 04/1/2013 13:54

I thought you were just being sarcastic!

[rathlindri] 04/1/2013 13:27

"Good news indeed. I suspect none of us was waiting with bated breath for the next instalment"

:-)

[bluebelle] 04/1/2013 12:38

SilkStag 4 Jan'13 - 12:22 - 2282 of 2282 0 0
I do not propose to post RBD on this thread again

Good news indeed. I suspect none of us was waiting with bated breath for the next instalment.

(EDIT!)

[silkstag] 04/1/2013 12:22

Phillis, RBD is down 16% today but much more must come and soon. My one month target is 0.3-1p. That is not based on emotion or agenda but the facts/numbers. I posted on RBS thread to someone who ignored the facts:

"Billbyrne, RBD is a shell, it has no trade. In the next 12 months it might close an investment deal which values itself at about net assets plus £250-500k, attributing that premium to the fact it has a listing with management. It has £150k cash and £201k new debt, thus slightly negative (-£51k) net assets. Based on that £250-500k premium, the other side of its first deal will value RBD at about 0.30-0.65p. As you can see, I rounded up significantly to get to 1p in my previous post.

The previous 6p, now 5.5p, share price for this shell is just an extreme anomaly. It will reverse once the non-board placees who sbuscribed for 40m of the 60m shares on 19 December 2012 at 0.25p per share, are all free to sell their shares, when they are admitted to trading on AiM in the next few weeks.

My post was not a 'shorters slant' as you allege. It was an analyst's conclusion. That clearcut conclusion suggests that short is the right trading decision.

Look at it another way. Two week ago there was an equity placing at 0.25p per share. What great success has this company enjoyed in the intervening two weeks to justify those placees earning a x22 return [at 5.5p]? The answer is nothing. This is an extreme anomaly.

DYOR".

I do not propose to post RBD on this thread again so if anyone has comments or queries, please post them on the RBD thread or start a new one. I only posted here as it is rare to see a company so clearly at least x6 over-valued and also wich should correct so soon. I sincerely see this as a new year's gift to shorters. IMHO

[silkstag] 03/1/2013 16:23

Dear shorters, I have a new year present for you. Reabold Resources (LSE:RBD). It is the rename of Adventis Group plc which went bust last year. It is a shell. Its only asset is £150,000 cash raised @0.25p for 60m shares from a placing on 19 December 2012. It has £201,000 of new debt incurred to cover the costs of the CVA, in which all old creditors were (allegedly) killed for 0.5-1p in 100p i.e. a creditor massacre.

The current valuation of 6p for 67m shares gives market cap £4m. It is an AiM shell with £150,000 cash and £201,000 debt. When the 60m placing shares are admitted to trading, some will take their thunderous fake profit from their 0.25p placing price. I assume the share price will crash toward 0.25p. It may stop at about 1p as hope value for new management. But the current £4m shell valuation is absurd. STRONG SELL imho. Short away!!! DYOR

[phillis] 30/12/2012 19:01

3 companies were purchased in 1st half being Interactive Dialogues, CT Space and Opt2Vote

2nd half revenues were hardly changed however
Can't see any major changes in accounting policy but deferrred income has grown
Anybody?

[stanmore2] 27/12/2012 08:53

Bought a few more today. Had to wait for a decent prie