Idox Share Discussion Threads

[davidosh] 09/4/2013 18:51

Phillis...and they have said that every year and then gone on to beat expectation ! There is certainly nothing to suggest a 25% fall from the high

[phillis] 09/4/2013 18:27

from the AGM

"As is usual, and in a further year of global economic uncertainty, the board considers it too early to provide full year guidance."

[davidosh] 09/4/2013 17:39

The forecasts are for 4p this year to October and then 4.35p next year. At the current price that is starting to look very attractive again especially as the company were so recently stating they were comfortable with expectations.

[marben100] 09/4/2013 16:46

Boros10 - yup, would be happy to buy some extras back closer to 40p, absent negative news.

[phillis] 09/4/2013 15:53

yes
somebody lightening

not me!

[jeanesy2] 09/4/2013 15:17

this is a big drop for this share though

[boros10] 09/4/2013 15:04

Agreed marben100, but the share price seems set to test support at 40p.

[marben100] 09/4/2013 10:50

AFAIAC it's just nervous nellies, in the absence of newsflow. Volume has been pretty light for the last several weeks.

The share price may well have run up a bit too far - and hence I topsliced when it first hit 50p last December. I'd consider adding back at lower levels. Otherwise v happy to wait for news. Trading update expected late next month.

Considering current forecasts (33% ahead of where they were in December), the shares seem very reasonably priced to me at current levels.

Cheers,

Mark

[rathlindri] 09/4/2013 08:42

that's what I was alluding to a few days ago

[jeanesy2] 09/4/2013 08:41

Quite a few sells this am, including a sell of 1 share !

[jeanesy2] 09/4/2013 08:19

I dont think so. Something is a foot. Dropping again this am !

[welsheagle] 03/4/2013 20:07

rathlindri - just market sentiment at the moment

[rathlindri] 03/4/2013 19:48

david, just the falling share price, hopefully only a temporary blip

[davidosh] 03/4/2013 15:58

rathlindri....like what ? We have just had an Agm and presentation by directors and found nothing to concern us ! What is it you are worried about ?

[rathlindri] 03/4/2013 10:56

something not quite right here...

[phillis] 02/4/2013 13:25

so let's have some newsflow to generate discussion
time to get the share price moving again

[marben100] 09/3/2013 15:19

To be fair to CT (though dunno why I should be fair :0)):

"So a bit of profit taking and buying back in seems to have sent this northwards again but without good news will it just slide again?"

is fair comment (to some extent) - without good news, the share price could well retreat. Though I'm not expecting particularly good news in the interims (but we could be pleasantly surprised ;0)), I am expecting better news in subsequent trading updates. My confidence is based on the pipeline AND clear confidence expressed by the directors in meeting current broker forecasts of a 15% rise in revenues and an 18% rise in adjusted EPS for the current FY ending 31st October.


Roger Lawson has done a good write-up of the Mello Central event, including of IDOX's Q&A session, which is available on ShareSoc's member network, here:

To access the report, you'll need to be a member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join as an associate FOC here:

Once you've joined, you'll receive an invitation to register for our "members network" private social network, from where you'll be able to access the write-up (and our library of nearly 100 other AGM reports). If you're already a member and have any difficulty accessing the write-up, please do not hesitate to contact us here:

Mark

[charlotteandcressida] 05/3/2013 22:31

Clock tower - your short obviously not doing so well judging by your deramping efforts...

[davidosh] 05/3/2013 17:13

All are welcome. Why not join us Clocktower ?

[davidosh] 05/3/2013 12:33

clocktower....there are always two ways to read every move in the share price ! The recent move down could have been a great buying opportunity for those who have been waiting for a chance to buy having watched it go ever upwards for two years. The upward trend could soon be intact again and if there is to be a bid for the company at some point then they often happen at weak points in the share price for obvious reasons.

I am merely pointing out the two sides to every market view. Idox will be presenting at Mello Central tomorrow evening so lets see how the questioners bring out the optimism or whether there will be negative thoughts. I still see the former.

[clocktower] 05/3/2013 12:12

So a bit of profit taking and buying back in seems to have sent this northwards again but without good news will it just slide again? Still, it gives others the chance to sell at what might come to be a little spike in the trend downwards.DYOR.

[phillis] 04/3/2013 10:57

the engineering contract has a prolonged sell cycle

Lets hope that the second half optimism is not just reflecting salesman's natural optimism when pressed for achievement

Overall we'll get there in the end - might take a little time
Top sliced in high 50s and back in this am

[marben100] 03/3/2013 10:28

Hi Shanklin,

In what way do you feel that the impression given at the AGM was inconsistent with the RNS? It seemed enetirely consistent to me. BTW for avoidance of doubt, that's an entirely genuine question, not rhetorical, Am I missing something?

The only negative I detected in the RNS was the "quiet start" in engineering management. In fact, my perception at the AGM was a little WORSE than the RNS implies, in that last year's results in engineering managment may have been boosted by some exceptionally large contracts.

However the RNS does also refer to the "stronger pieline", which augurs well for the second half.

I should also disclose that I reduced my position in IDOX last December (when the price was about the same as it is now), as I felt that the share price had got a bit ahead of itself. At present, I am happy to hold my current stake. I may be interested in topping up again at lower levels, should the share price fall much further (depending on newsflow).

Best,

Mark

[shanklin] 03/3/2013 08:55

Mark

Thank you for sharing the above link.

It appears that the company gave a completely different impression on trading to people who attended the AGM to the one provided by the RNS.

In these situations, one can only really believe what a company commit themselves to in writing and this is certainly the least bullish trading update I recall seeing IDOX issue. The share price action since the update seems to me to reflect the nature of the update.

Best wishes, Martin

[marben100] 02/3/2013 19:59

Alex Lawson, davidosh and I (plus a couple of other shareholders, besides the directors) attended the Idox AGM on Thursday. Notes from the meeting from Alex and me are now available on ShareSoc's member network, here:

To access these notes, you'll need to be a member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join as an associate FOC here:

Once you've joined, you'll receive an invitation to register for our "members network" private social network, from where you'll be able to access the report (and reports on around 100 other AGMs). If you're already a member and have any difficulty accessing the notes, please do not hesitate to contact us here:

Cheers,

Mark (happy Idox shareholder :0) & ShareSoc director)