ILX Share Discussion Threads

[deanroberthunt] 23/5/2008 14:11

well its either just the bored hitting the bid, or there's bad news on the loose....which be it?

[newkid] 23/5/2008 11:39

I think that's just the problem. There is no good news. Not sure where they could get some from either. Long way off it's highs now. Going to take something very special to move this north. Not worth jumping ship now as I have more or less lost most of my money here.

Regards NewKid

[dusseldorf] 22/5/2008 16:38

spaceparallax - looks like sells depressing the price at the moment - it needs results to boost - assuming divi still around 0.75p/share looking more attractive now. We'll have to wait to find out though....

[spaceparallax] 22/5/2008 16:23

Sp looking grim despite no firm reasons for the slippage. Roll-on good news.

[deanroberthunt] 15/5/2008 20:27

currently long, but reviewing my position...i shall probably wait for results now and see what they spin.

[spaceparallax] 15/5/2008 13:08

DRH,

Are you short or long?

[deanroberthunt] 15/5/2008 12:45

has this ceased trading and we just haven't been informed.

[deanroberthunt] 14/5/2008 15:44

I peronally think they've been economical with the truth regarding the impact of the credit crunch on Financial Sector, and thus availbility of capex to spend on training etc..

they've stated they've seen no reduction...I'm prepared to say it on here, that I reckon that will be proven to have been "not entirely correct"...and they probably knew it when they said it.....

[sbs] 13/5/2008 19:58

WaxingLyrical - That explains his wording on the video. I've updated the comment to be more accurate.

[waxinglyrical] 13/5/2008 19:49

Eddie Kilkelly is managing director of ILX Group plc's Best Practice Division and has a background in Programme, Project and IT Service Management. Eddie has worked extensively throughout the training and consultancy industry and was operations director at Parity Training before joining the ILX Group in March 2006.

[sbs] 13/5/2008 18:42

Well, I've got a business card in front of me which says: ILX Group; Eddie Kilkelly, Managing Director. That's what I based the video on. Happy to be corrected (and can update the video) if needed though.

[waxinglyrical] 13/5/2008 17:46

Hey sbs - do you know something about Ken Scott that we don't - EK is the operations director as far as I am aware!

[sbs] 13/5/2008 14:57

Eddie Kilkelly, an MD in ILX Group, talks about his company in , filmed at the recent show.

[deanroberthunt] 09/5/2008 11:14

scurge of the minnow......newsflow, lack of.....

Some decent contract wins wouldn't go amiss....plus the unequivocal resolution of all issues that are Best Practice....

and still firmly in a downtrend.....

[aa29] 01/5/2008 13:11

Mudbath - Sadly I looked at shorting them at 67 last November but the spread put me off.

The profits warnings actually started last year. It's all very well to claim double digit growth but if a subsidiary lost 50% of its sales last year then 10% growth this year still leaves it down 45%.

As a positive, they've said profits will be in line with expectations at c£2m before exceptionals so it would be hard for this to be far out - you'll need to check the fine print of the exceptionals and Best Practice performance in the annual report though to cut through the spin.

Dean - you shouldn't expect totally objective comment from most of the regulars. Most have been here three or four years nursing paper losses from average buying prices of 80-100p with the enthusiasm of a punter who won't sell at a loss.

Good luck, I wouldn't buy ILX even at current levels but I'd hope their profit expectation and CTG should give some comfort going forward. I believe forecasts may be for around 5% growth this year. The big must though is to get a copy of the annual report in July and check that the figures actually agree with the spin at the start. If you are nervous, then consider carefully whether you should bite the bullet and sell.

[deanroberthunt] 01/5/2008 12:17

Orvil....one is allowed to change ones track, and it is not beyond the realms of possibility that they are being "economical with the truth"...to put it mildly, regarding recent statements...

my comments, as posted, were prior to the recent yr end trading update...in which we now have exceptionals, which have hit profits...to what extent we do not know....it just seems to be reverting to type (general AIM), and after the recent update, i now have an uneasy feeling

one needs to be ultra careful and critical with AIMers....as everything can appear OK from the PR, when the reality is more akin to a Nuclear Winter.....I will be watching this closely from hereonin.

Moreover, its been very quiet on the "contract wins" front.....

In hindsight I should have waited for the yr end update before buying, or not, I may have made a mistake.......time will tell.

rgs

[orvil] 01/5/2008 12:08

Mudbath you said modest growth and deanroberthunt interpreted it as a profit warning he was buying for his sipp a few weeks ago at 46p
"I reckon since ILX will be reporting about £2m pbt for fy...they're working off just 4.5x earnings...recent updates seem bullish and they don't seem to have suffered any ill effects from Le Crunch, by the way of lost business from the financial sector....so I have tucked some away in my SIPP at 46p.....seems cheap enough to get back in after watching this for a long time."..

ILX said it has seen strong trading in the second half of the year with both
the Best Practice and Corporate Training Group divisions delivering double-digit revenue growth for the year.
It expects profit before exceptionals for the six months to March 31, 2008,
to be in line with market forecasts.

[deanroberthunt] 01/5/2008 12:00

mudbath...having had a rethink, and knowing AIM, I think the recent statement was a prelude to a full blown profit warning....and probably not just the one.

i would say you could be found to be right.....with the benefit of hinsight in 6-9 months time.

thx for your thoughts.

[mudbath] 01/5/2008 11:39

AA29--Could be clouds gathering here.The forecast of "modest"growth+++exceptionals +plenty of debt+the probability of consolidation(at best)in the financial sector-all allied to possibly weak management all adds up(imo)to a BIG SELL call. 17pence next?

[spaceparallax] 21/4/2008 12:10

Cautiously positive - as you say DRH, we need to see the figures.

[deanroberthunt] 21/4/2008 07:24

For this to start the true march northwards, we need to see the end of the troubles/issues with Best Practice, and an end to exceptionals.....exceptionals are ok as long as thats what they are, not the norm.

rgs

[deanroberthunt] 21/4/2008 07:08

An improvement on last yrs trading update, but still a vary cautious outlook....modest growth thru 2009....wonder how much exceptionals have hit profits?

[deanroberthunt] 16/4/2008 07:03

Wax...don't get hung up by the published spread...I was able to buy at 43.2p when the published spread was 42 - 47....twice.

[waxinglyrical] 15/4/2008 16:48

Newkid - I guess the spread of 40p to 50p has frightened just about everyone away. Guess the broker is on vacation!

[deanroberthunt] 12/4/2008 16:21

Indeed, you are correct sir, on the 13th April...so possibly next week?? hoping that its not of similar ilk to last years.....prefer the "significantly ahead" ones myself.