Share Name Share Symbol Market Type Share ISIN Share Description
Igm LSE:IGMG London Ordinary Share GB00B138DS65 ORD USD0.02
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 26.00p 0.00p 0.00p - - - 0 06:40:20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
- - - - 20.30

Igm Share Discussion Threads

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agreed. hows things with you anyway.. u in anything exciting at the moment and were you in sola...
i never did, just a company that looked interesting... would have been a nice buy at 10p
curry how long you been in these mate.
fair value 2/3pence max, thats assuming they will have some cash left in six months!!
Please note the following new thread which may be of interest: "Telecom Shares You Should Buy: The Tips League Table"
blank frank
RNS Number:9156F IGM LD 10 July 2006 10 July 2006 IGM Limited ("IGM" or the "Company") One of IGM's main customers, China Mobile, has recently adopted new guidelines governing its relationships with mobile value added services ("MVAS") providers, including IGM. Those guidelines, which IGM expects to have significant impact on its operations, include the following: * China Mobile will require a one-month free trial period for all new subscribers to MVAS and it will send two reminder notices to subscribers prior to charging subscription fees to them; * China Mobile and its provincial subsidiaries plan to send SMS messages to all existing MVAS subscribers over the course of August and September 2006 to remind users about their subscriptions and fees being charged. In addition, certain provincial subsidiaries of China Mobile, including Guangdong Mobile, intend to send out monthly reminders to existing MVAS subscribers to reconfirm or cancel their subscription; * China Mobile no longer intends to approve new instant messaging and chat services to be offered over its mobile network; * China Mobile suspends joint marketing efforts with its instant messaging and chat partners; and * China Mobile may not renew certain existing contracts for instant messaging and chat related services. Approximately 60% of IGM's revenue in the first half of 2006 is expected to be generated directly from instant messaging and chat services with China Mobile. While the impact of the above changes on IGM is likely to be significant, the Company believes that it will continue to be able to offer services to end user customers under its existing contracts with China Mobile covering the Guangdong, Beijing, Hebei and Henan provinces and that its existing contracts with China Mobile in those provinces will be renewed. The Company will continue to offer its non-instant messaging and chat services with China Mobile in those provinces where it already has contracts and intends to continue to expand these services across China. IGM has not been informed by any of its other customers in China, such as China Netcom, China Unicom and China Telecom, that they intend to follow the same model as China Mobile, and IGM does not believe that its relationships with these other mobile network operators ("MNOs") will be affected by China Mobile's announcement. The Company intends to continue to work with these partners to jointly market its services and to expand with these partners across the balance of China. In light of the uncertainty surrounding China Mobile's support of the instant messaging MVAS community, the Company intends to expedite the launch of four new types of community services with unique packages of infotainment and content, underpinned by its instant messaging and chat features. These services will be focussed on sports, interactive media, games and special interest group communities and will be launched over the second half of 2006. The Company believes that these new services will allow it to continue to grow its registered user base, as well as its mPortal content delivery services. Commenting on today's announcement, Philip Wong, Chief Executive of IGM Limited said: "While the changes at China Mobile are disappointing, I remain confident about IGM's ability to continue to work with China Mobile and our ability to continue to grow. Within China in addition to China Mobile we have partnerships with all of the other MNOs and our new services will facilitate our growth there. We also have partnerships with many of the main MNOs in other countries outside of China and our expansion plans in those areas will not be affected by this development." oh dear !!
9 mill in cah,mkt cap still 16mill,so another 50% drop needed to match cash value. timber on monday
9 mill in cah,mkt cap still 16mill,so another 50% drop needed to match cash value. timber on monday
what the hell is going on here then,another lgb or pump and dump scam????. placing price to 20p. sells at 17p aswell,why would you sell shares at 17p that you had subscribed and paid 50p only weeks before. some kind of chineses spread betting scam. shocking. i may buy them at 10p which at this rate will be monday!!!!. very very odd
the co has been bombarded
Just the norm. New Company to market without any ideas or money. Bust in 6 Months. We can see the new RULES in place by the regulators work for New companys to the AIM market to prevent all this happening.
what the eck is going on here then?
A new stock to keep an eye on. No nothing about it yet so time will tell if I'm interested, whereas, Credit Suisse have done a proverbial runner already. Food for thought?
24 May 2006 IGM Limited ("IGM" or the "Company") IGM announces completion of IPO and commencement of trading IGM, the holding company of a Chinese mobile technology group with operations in Asia, announces that the Company's shares have today been admitted to trading on the AIM market of the London Stock Exchange ("AIM"). The Company's trading symbol is "IGMG". 78,084,024 shares have been issued upon Admission, resulting in a market capitalisation of #40.2 million. This follows the placing of 15,973,524 new ordinary shares and 3,337,769 existing ordinary shares at a price of 51.5 pence per share, which has raised gross proceeds of approximately #9.945 million, of which approximately #8.2 million (before expenses) has been raised for the Company.
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