ILX Share Discussion Threads

[divinausa1] 24/6/2011 22:14

markt why dont you click on the link for ilx which i provided above
here it is again! NOt sure why im bothering i just keep my research
to myselve from now on.




ITIL Training

ILX Group delivers a full range of accredited ITIL V3 training including e-learning and classroom courses to individuals and organisations world-wide.

[markt] 24/6/2011 13:33

...but ...it does NOT mention any use of ILX by NASA as far as I can see....
ITIL being a processs administered/supported/owned by the UK Govt. I think

[divinausa1] 24/6/2011 08:52

NASA turns to ITIL for Stellar Service Management

[markt] 21/6/2011 09:31

...4 shares traded so far today....maybe this is the big trade to start the re-rating ;-) !

[spaceparallax] 17/6/2011 08:29

Not sure that I agree a reclassification as 'software' is most appropriate.

[markt] 16/6/2011 10:06

"but I think if the numbers are in line and outlook is positive, we should get re-rated. Current year PE under 6 is daft imo but better wait for numbers."


.........waiting and hoping

[spaceparallax] 13/6/2011 11:10

a fair summary

[paleje] 13/6/2011 10:50

Hi markt, I wouldn't dwell much on price movements unless they're backed by volume, it doesn't take much to move with no news. They've disappointed the market in the past with the write downs and divi u-turn, maybe a bit of director greed, it's easy to upset not so easy to rebuild, but I think if the numbers are in line and outlook is positive, we should get re-rated. Current year PE under 6 is daft imo but better wait for numbers.

[markt] 12/6/2011 18:02

paleje
can we get any discussion going on this ILX board ?
or no interest till after results are out ?

anything ?!....the chart

BTW
my guess is that recent price action is someone buying up a few shares....
a trade went thru at 23p and no reduction in the price....someone was happy to soak them up....perhaps stacking with the market maker....number of sales went thru...and no reported buys...that was my view anyway...

price dropped 2p from 28-30p to 25-27p range just on a trade of 2k shares I think !
..a tree shake ?....well it created some sellers...

[paleje] 11/6/2011 07:51

There are holders markt, waiting for news later this month.

[markt] 09/6/2011 13:40

...any views on the pros and cons of Intelligo versus ILX ?...both with elearning products...

..and pros and cons of their different technical offerring ?

[markt] 09/6/2011 10:30

...any ILX holders out there !? No ?

[markt] 07/6/2011 18:26

looks like a 4p price rise on the day of last years annual results....
I'm hoping for the same this year, noting that the PBT has already been declared as being expected to be 1.4M for on-going business....ie. very good....see RNS

[markt] 07/6/2011 18:07

Dawson almost doubled recently...offer...

ILX would make a good acquisition for another company imho

With 1.4M PBT....if buy the co. and get rid of 1/2M dirs. costs, 1/2M say for AIM, 100k for other dirs, pay off the debt to save 100k ('were' paying high % , now lower, now down to approx. 1M on next accounts imho) and maybe bits and pieces to add up to another 1/2M then 1.5M cost saving maybe...

1.4M PBT + 1.5M extra profit due to cost reduction = approx. 3M.

And cap. value is 7M.

CAP. VALUE/EBITDA = 2 !

[paleje] 07/6/2011 13:11

Welcome markt, hope they perform. Current year PE can't be much over 5, with a divi and expanding overseas market they seem cheap.

[spaceparallax] 03/6/2011 07:58

No idea, but our share price has seldom been predictable.

[stegrego] 02/6/2011 11:38

Any idea why this has opened 7% down today?

[spaceparallax] 17/5/2011 15:51

sp responding a little.

[paleje] 14/5/2011 07:13

There's a recommendation from UK Analyst May Newsletter, can't link it as its email, here's the extract:-

The closure of AIM listed ILX's loss making CTG business has allowed the company to focus on to its increasingly lucrative e-learning operation and strong overseas growth potential. We believe an early example of the potential here was relayed to the market on 20th April 2011 when the company announced a trading update for the year ended 31st March 2011. The update explained how the preliminary results are due out late June and that turnover should be £12.9 million. Sales at the company's UK Best Practice division have been maintained with overall a satisfactory performance recorded in the UK with customers retained and margins widened despite a tough domestic economic backdrop.

The real nugget in the news however was the growth of the company's international sales. £3 million of total sales for the year are expected to come from overseas markets, representing an increase of 70%. In addition, operating profit attributable to overseas operations are expected to almost double. The update also detailed how profit before tax from continuing operations is due to exceed £1.4 million, an increase of 75%, whilst the cancelled 1.5p dividend, which was cut late last summer is also due to be reinstated.

We note that at the half year the Best Practice division alone recorded EBIT of 2.5p per share and therefore expect underlying EPS for the full year to be reported in line with our expectations of 4p. Looking forward, at the half year the company also detailed how within 4 - 5 years revenues from international sales will outpace those of the UK. However, if overseas sales growth continues at anywhere near the same pace as they did in the year ended 31st March 2011, and assuming UK operations remain broadly flat (this could be seen to be conservative), this should not at all demanding.

At 26.5p ILX is capitalised at £7.1 million and the shares are thus trading at 6.6 times forecast FY11 earnings per share whilst yielding an attractive 5.7%. We believe this to be pretty undemanding given the international growth potential here and reckon at least 12 times earnings is more fitting. Our one year target price is 48p but - ceteris paribus - this could be on the mean side. We have been buying more shares.

(markt - I know you are sceptical about this company (post 1348) and may turn out to be right but I still think I read their last update correctly....unless they intentionally worded it to mislead which I can't see being the case)

[spaceparallax] 28/4/2011 12:02

Hey Dean, I know you're bearish here, but presumably your 18p is a little tongue-in-cheek?

[spaceparallax] 27/4/2011 15:39

Interesting to see at what level this bounces

[markt] 26/4/2011 14:39

...the move to software sector was announced by the co. to happen by last December.....now given a new month in the future....

can't put too much weight in what these directors say imho....
I recall that they offerred a dividend in the past...only to then cancel it.

I think that some new non-exec director that was respected by the market as an addition to the board (and who checks any RNS before it goes out !) ...would help the shareprice...(in addition to the chap from Octupus)