ILX Share Discussion Threads

[spaceparallax] 28/4/2009 16:03

B & O prices suggest that we're close to a tick-up.

[spaceparallax] 28/4/2009 12:04

Hopefully, we should be due a few complimentary write-ups in Mkt journals - should trigger sufficient buying to take us and maintain us above the 30p level.

[spaceparallax] 27/4/2009 10:07

Hi Diego,

On the matter of sellers, the S&F situation could be contributing, although we have historically been afflicted by a persistent volume seller (prior to S&F's problems) whose activities have sadly pinned down the share price - this was generally believed to be Kate Blackall the one-time owner who was bought out a few years back.

[mudbath] 24/4/2009 21:28

Hi again djonson.Are you still in the U.K. or Italy?
Thanks for your observations.
I.M.O. the high level of sell orders absorbed today,whilst ILX stock continued to rise, is hugely bullish.
Dusseldorf,
When was the last time the S.P. broke upwards through the 200 day moving average?

[djonson] 24/4/2009 18:24

Market forecasts are for: Revenues: £14.1m. EBT: £1.9m. Revenues are higher so no problem. Profit lower due to a shift from the more profitable CTG towards Best Practices.....unfortunately this will go on in the next semester.

Let's suppose then EBT: £1.6m it means Earnings of $1.1m. This would be a P/E well below 5. Nice I believe. (for more insight about the company just look at my study - - Anyway it refers to Feb 2009 data)

Now my question is about debt. It shouldn't be a problem as this is the more cash generative semester, but not a sentence about it

About the mysterious seller I think it could be a sort of Fund that need to liquidate but didn't found enough liquidity, and it will get rid of its holding independently of the price as soon as he find volumes. Do not forget that Singer & Friedlander Investment Management went bust lately (now part of Evolution Group) and it holds 5.2% of ILX.

Foreword revenues of £1m in 3 weeks doesn't sound exceptional but it is anyway a normal start. In the 6M to Sept 08 we had revenues of £7.9m meaning around £0.3 per week ..... thus we are in line with last year.

[dusseldorf] 24/4/2009 16:38

Please see below if anyone is wondering the significance of the price breaking and holding through the 200 day SMA.

Confidence returning, stability reached, fair exchange price for sellers buyers of large volumes etc..


free stock charts from www.advfn.com

[dusseldorf] 24/4/2009 15:40

stranger still, ILX is holding and going to be breaking through the 200 days SMA. I have removed my tin hat.

In my view, the worst that can happen now is that the company opt to issue equity to those who it is in debt to, as opposed to paying cash - the dilution is not wanted - unless of course the price can be agreed at say 50p ;)

[spaceparallax] 24/4/2009 15:21

A strange world!

[mudbath] 24/4/2009 14:39

As you say spaceparallax,beauty(or value) is in the eye of the beholder.My main share interest,STL,has just announced record everything++lots of cash generation etc.The shares,in the short term at least, remain close to record lows.

[spaceparallax] 24/4/2009 14:17

The thing that continues to puzzle me is the timing of some sellers i.e. why sell when positive news has just been released. In the case of another of my holdings, a solid TS has led to an increase from C 22p upto current mid 30s - ironically, PDC's prospects are probably not as good as ILX.

It always takes time for the news to filter through - even upto a fortnight, during which time the share price can be transformed.

[mudbath] 24/4/2009 13:52

If only,spaceparallax.I did feel that the portents were favourable and so it turned out.

[spaceparallax] 24/4/2009 13:01

I'll whisper it quietly (so that fate doesn't hear), we've broken through the SMA200 - if only we can close at this level!

[dusseldorf] 24/4/2009 12:31

Chart looks strong, just seen trade through at 1p premium to market. suggest the forward order is a typo historically this has been several million - and given the revenue is at 'highest ever'. a break-out up to and over 30p within next month IMO...

[hashertu] 24/4/2009 12:16

Orvil. If true, then certainly more encouraging.

[orvil] 24/4/2009 12:05

My understanding is that the forward revenues of £1m are the increase accounted for by the new contracts.

[hashertu] 24/4/2009 12:00

SP. I was puzzled because this is less than one months work, based on the turnover at the interims, which does not seem very positive.

[spaceparallax] 24/4/2009 11:44

It simply tells you of the secured workload i.e. staff are assured of being busy for X months.

[hashertu] 24/4/2009 11:41

"forward revenues of more than £1m". Is this a typo error? If not, what is its significance?

[orvil] 24/4/2009 10:09

In my view an excellent report under the circumstances, and bodes well when the general recovery takes place ( which it will)and more specifically leaves ILX in a position to exploit all the training that will be needed.

[spaceparallax] 24/4/2009 09:44

Agreed - sounds very solid, even in these tough times. I would expect the share price to respond positively, back towards 30p.

[davidlloyd] 24/4/2009 09:37

Positive from Ken. Looking good going forward. Survival at present is key and ILX appear to be doing that in an environment that is extremely tough. long term - can only be seen as very positive IMHO.

DL

[spaceparallax] 21/4/2009 09:59

I may be mistaken, but my general impression of recent overall trading is that Buys have been more numerous than Sells - it does leave the impression of being worked over by the MMs.

[mudbath] 20/4/2009 17:47

Dammed cheeky of the MMs marking these down when every trading nuance suggests that ILX are due to head northwards.