ILX Share Discussion Threads

[waxinglyrical] 28/8/2007 10:37

And now another 200,000

[dusseldorf] 28/8/2007 09:08

100,000 share cross trade this a.m. hopefully some more and some closure on the outstanding acquisition payments

[phuckerty] 25/8/2007 10:36

Hi
With all the posotive comments coming from the company this must be a good buying oppertunity.
Regards

[nickcduk] 24/8/2007 14:09

I think the market is more worried about potential cutbacks in training budgets at the big banks following recent market turmoil. They are quite important to ILX. I think market is over reacting though. Most of the banks work has already been contracted and any effect on ILX is likely to be on next years numbers. Hopefully by then the market will have recovered a little and ILX will be able to get away with feeling too much pain.

[spaceparallax] 24/8/2007 14:03

Duss,

I think the drip feed idea is probably correct.

All recent RNSs, published literature clearly present a positive situation and outlook.

One thing that might drag us down by association is the recent plunge of Carter & Carter. In many ways though, their training business covers a very different niche.

[dusseldorf] 24/8/2007 13:20

seems to me that someone is drip feeding sells into the market (and has been for past five months or so). Either they know something we don't or are simply going elsewhere with no other major holders willing to absorb the stock.

I guess the lack of results for next few months (until end November when interims are out) also means little news from ILX.

Very unlike Ken not to issue a trading statement following recent shareprice falls given historic tendancy to issue them in abundance everytime the price drops.

The fact they also need to issue/fund £2.5m is still weighing over the price too - clear that issue up and then maybe there will be a recovery.

[davidlloyd] 24/8/2007 13:12

Maybe thats what they want..... :-(

[anusol] 19/8/2007 19:59

IF share price doesn't improve, and credit markets settle down, then Mgt Buyout is a strong possibility, given the very cheap Mkt Cap.

[deanroberthunt] 19/8/2007 19:56

can see the value money coming back in here after things settle down....macp of less than 10m is too cheap for a company declring profits in region of 1.5-2m going forward.

[davidlloyd] 16/8/2007 16:56

Yes,
take the published spread with a pinch of salt. Always has been a tad on the wide side during weak market conditions.

DL

[orvil] 16/8/2007 16:52

It was 50 to 52 until i bought 6k at 52 the current spread is an anomoly.

[phuckerty] 16/8/2007 16:42

Hi
I don`t like the look of this today with a spread like this i think it has further to fall.

[tsmith2] 14/8/2007 17:28

deferred considerations will only be paid if the targets are met, and the EPS are charles Stanley's figs and are net of dilutive effects

[dusseldorf] 14/8/2007 17:12

so on target for 7.25 EPS then with current shares in issue - probably equaes to about 5 EPS after acquisitions have had deferred income from equity issue (as yet not covered in any statements recently). The only issue I still have is with the fact there is a large sum outstanding for deferred acquisition consideration. Ken should clear that issue up and perhaps the share price will react more favourably...

Not calculated yet, but I'm certain there is still approx £5m of deferred consideration to be paid by combination of cash and shares.....

[tsmith2] 14/8/2007 16:47

Following the formal proceedings of the AGM, Ken Scott, Chief Executive of ILX
Group plc, made the following statement to shareholders:

"I am pleased to confirm that trading at ILX Group has been most encouraging in
the first quarter of 2007/8.

The company will benefit this year from a full year's trading of the Corporate
Training Group, and we continue to see strong growth in revenues from this
division, including the division's first #1m+ client. The continued strong
visibility of booked revenues for the remainder of the year is very pleasing and
gives an additional degree of certainty in relation to the overall earnings of
ILX Group for the year. In addition, progress on bringing our first e-learning
product in this area to market has been excellent.

Trading within Best Practice has also been strong; the company recently
announced a number of new major contract wins in this division, revenues from
which have started to come through. Sales of e-learning products continue to
show like-for-like growth and there are major e-learning opportunities for the
division later in the year with the launch of a new ITIL v3 accreditation, as
well as changes to the PRINCE2 Practitioner qualification.

In particular I am pleased to announce that the former Mount Lane division, now
integrated into the business and trading as ILX Group, has recently won a large
3-year contract with a major agency. This, together with strong pipeline growth,
underlines our confidence in the recovery of this area of the business.

We are therefore confident in our ability to deliver this year not only
increased turnover and profit but also earnings per share growth, in line with
market expectations."

[tsmith2] 14/8/2007 16:30

Are we due a 1Q update - the company usually announces a trading update each quarter and judging by history we should have one in August...

2008E EPS 7.25
2009E EPS 8.96

P/E 8.25 should be 12-15 for a growth stock, things ticking along very nicely..maths look very decent indeed.

[waxinglyrical] 14/8/2007 10:14

Not exactly news, but an appearance in Government Technology

Government Technology, now in its fifth year, is published monthly by Public Sector Publishing. GT's pages contain need-to-know features, news and case studies that explain the administrative and commercial issues affecting IT and computing in Central and Local Government.



ILX Group
Cost effective project and programme management training from ILX Group
ILX Group plc are global leaders in providing Project Management, IT Service Management, Business Financial Awareness Training, Implementation and desktop migration systems.

ILX Group's Banking & Finance Division, The Corporate Training Group (CTG), has become one of the pre-eminent organisations in the world of finance training. CTG specialises in providing in-house training courses to major organisations both in the UK and internationally.

ILX Group's Best Practice training is delivered via e-learning and classroom based courses, offering PRINCE2, ITIL, MSP and APMIC accredited training. Our implementation offering is based on PRINCE2 and MSP, designed according to the customers needs and delivered through a competency framework and balanced training programme.

The financial awareness products offered by ILX Group are designed to address strategic needs for financial competence in business. The new Finance for Managers e-learning package has been created to enable managers to understand the key to business success.

For more information
If you would like to talk to one of our advisors to see if ILX Group can help your organisation please call [phone] alternatively you get more information about the ILX range of products by visiting www.ilxgroup.com

[waxinglyrical] 03/8/2007 10:51

Foster-Melliar reinforces ties with ILX Group

[ Johannesburg, 26 July 2007 ] - PRINCE - PRojects IN Controlled Environments - speaks a common language that makes allowance for the continuity of a project, even if key players change during the lifespan of the project.

It offers a structured and consistent approach that is not only repeatable but teachable, and fully aligned with the de facto standard Capability Maturity Level 5.

This was the basis of a recent presentation to Foster-Melliar clients by Eddie Kilkelly, Group Operations Director for ILX Group UK.

"There is a multitude of project management methods available that are highly descriptive, but they are rarely capable of emphasising exactly how to go about the management of a project. PRINCE2 is very clear on who is responsible for every aspect of the project. It also gives a clear indication of when management should be involved and gives a clear understanding of management's objectives in terms of expected progress and budget restrictions.

"A project manager finds it easy to drive their project based on PRINCE2's highly objective and extremely adaptive nature instead of the project driving them," explains Kilkelly.

Kilkelly was in South Africa to promote the PRINCE2 Pro multimedia training package which has been added to Foster-Melliar's bouquet of training solutions for the first time in this country, based on a groundbreaking partnership agreement between Foster-Melliar and ILX Group.

continues....

[waxinglyrical] 02/8/2007 15:29

Yes, and look at them all getting in at the moment!

[davidlloyd] 02/8/2007 14:07

A quite time is a good time to get in....

:-)

[spaceparallax] 02/8/2007 13:24

SP's certainly drifted quite heavily after what seemed a pretty positive AGM statement.

[waxinglyrical] 02/8/2007 12:14

It's gone very quiet since the AGM.

[spaceparallax] 20/7/2007 12:08

Very positive statement - particularly pleasing to see the feedback on ML and Best Practice. Hopefully, this will instill confidence and we'll see the share price solidify nearer the 80p mark - after which, it'll be down to news or interims.

[orvil] 20/7/2007 11:12

I have been in this since 03 and am looking forward to a bright future having topped up recently.