Image Scan Share Discussion Threads

[rivaldo] 04/12/2024 09:41

Good results and terrific outlook. IGE seems to be very much under the radar at present, but that should change with another order RNS or the next AGM statement, likely at the end of February.

Zeus has a 3.8p target price. They note that results were nearly 10% ahead of their forecasts. They forecast 0.22p EPS this year to 30/9/25, with the cash pile increasing to £1.2m against the £3.7m m/cap.

With the order book up to £4.47m from £0.65m, and the order intake up to £6.6m from £2.9m, and as ivyhedge says above with global conflicts and terrorism threats ever-increasing to IGE's benefit, the company has every chance of continuing its ascendancy.

[ivyhedge] 03/12/2024 10:12

35% of the share cap is in cash or tradeables.Order book is looking healthy and the worlds conflicts make its products ever more in demand. Think a lot of companies would envy that type of position. I am impressed this management has held everything together. Over the years they managed to get it wrong but it seems they are on a even keel now.
I will admit the share price wont matter as my 1% holding isnt going anywhere. Maybe in five years time when this one has made a very good impression and started paying dividends I will be very happy.

[ali47fish] 03/12/2024 07:41

hope share price will go up on these results

[mellodaniel] 12/11/2024 10:59

Hi all,

Join us at Mello 10th Anniversary Show on the Wednesday 20th November to see Image Scan exhibit alongside 15 other top quality companies. Their CEO, Vince, will be there to exhibit in-person and answer your questions...

Do grab yourself a ticket here:
We even have a discount code for you (50% off): MMTADVFN50

Date & Venue: Tuesday 19th November & Wednesday 20th November 2024, 9.00am – 7.00pm
Derby Conference Centre, Derbyshire

[mello2024] 07/11/2024 22:25

Just to let shareholders and prospective investors know that Image Scan will be exhibiting at Mello's 10-year anniversary show on Wednesday 20th November 2024 9am - 7pm.

The Budget is out, Mello is in! To celebrate our 10 Year Anniversary, we have created a two-day investor conference that will include top quality keynote speakers including but not limited to Peter Pereira Gray, Paul Hill, Ben Rogoff, Rosemary Banyard and Gervais Williams. Also featuring panel sessions such as our popular Mello BASH (Buy, Avoid, Sell, Hold) with professional investors and analysts such as Leon Boros, Mark Simpson and Paul Scott. There will be over 40 exhibiting companies and over 60 presentations from companies such as The Property Franchise Group, Time Finance, Brave Bison, Mortgage Advice Bureau, Aeorema and many more! Get 50% off your ticket with code MMTADVFN50. Tickets are still available:

[rivaldo] 23/10/2024 06:18

Great to see a confident and nicely in-line year end trading statement given these markets.

IGE has maintained a broadly stable almost £1m cash pile, and has doubled PBT to £0.2m.

Most importantly, given the huge rise in the order book to £4.5m from a mere £0.65m a year ago, and the large £3m contract win underpinning revenues for the coming two years, the outlook is very bullish:



"Vince Deery, Chief Executive of Image Scan, commented: "I am extremely pleased with the Group's performance in FY24. We have not only achieved a significant increase in profitability but also maintained a strong cash position. The recent contract awards with European defence partners positions us well in the marketplace and gives us confidence for future growth in FY25 and beyond."

[assagai] 21/10/2024 08:18

I agree pru dent so i reckon that sell of 100k is badly timed.

[pru dent] 18/10/2024 18:05

Noticed a few buys trickle in towards close.Trading update must be next week and expect that will be launch pad for next leg up.

[davidosh] 16/10/2024 09:22

Image Scan will be exhibiting and presenting at this prestigious investor event

To celebrate our 10th anniversary, Mello are returning to Derby on Tuesday 19th November & Wednesday 20th November, back where we first started, at the Derby Conference Centre, on the edge of the Peak District.

We have created a two day investor conference that will include 12 top quality keynote speakers, 8 educational workshops and panel sessions, 40 exhibiting companies plus over 70 company presentations for investors to evaluate and understand their current or future investments.




Get 50% OFF with code APM10Y

One Day
£99 NOW £49.50
Two Days
£169 NOW £84.50

[rivaldo] 16/10/2024 07:37

NP Aerospace are a hugely impressive partner for IGE, and kudos to IGE for getting NP to take their products.

NP work with the likes of Raytheon, General Dynamics, the MOD, Volvo etc:

[assagai] 16/10/2024 06:51

Trading update also rather overdue but i guess no point releasing that while this was pending.
Imo update will add further positives.

[rivaldo] 16/10/2024 06:44

Indeed. And particularly notable from the MD of NP Aerospace:

"This contract will service a particular undisclosed client's requirements, but we also look forward to offering this capability to future clients who may have a similar need."



"The ThreatScan® portable X-ray system is designed to assist operators working in the defence and security environment, enabling them to conduct rapid and accurate threat assessments across a diverse range of operational scenarios. The system comprises a portable X-ray generator, a detection panel, and an operator's workstation running the Company's market-leading image processing software. This system is complemented by a range of customer-specific ancillary equipment, tailored to meet the demanding needs of the defence sector."

[assagai] 16/10/2024 06:31

This contract win makes a mockery of IGE market cap. Surely due a significant re-rate?

[assagai] 09/10/2024 10:42

Wouldn't it just!

If we're not 6 to 8p this time next year I'll eat my hat!
And yours for desert!

[rob simmo] 09/10/2024 10:34

That would be a very nice birthday present for someone.

[rivaldo] 09/10/2024 10:19

Nice move up. Last year's year end trading statement was on 10th October, so maybe this year's update is coming tomorrow or Friday.

The interims showed management very confident in general and in meeting expectations. Fingers crossed.

[assagai] 06/10/2024 16:44

Well the big one will be under the belt by then all being well so they should have plenty to talk about and very pleased with themselves

[davidosh] 06/10/2024 16:37

Just to let shareholders and prospective investors know that Image Scan will be presenting & exhibiting at Mello's 10 year anniversary show on Wednesday 20th November 2024 9am - 5.30pm.

We have created a two day investor conference that will include 12 top quality keynote speakers, 8 educational workshops and panel sessions, 40 exhibiting companies plus over 70 company presentations for investors to evaluate and understand their current or future investments. Tickets are still available:

[ivyhedge] 01/10/2024 13:17

my 100,000 trade today, buying back at 2.65p the shares I sold last week at 2.91 so back to my 1% of the companies shares...no profit in it just used the money elsewhere for a couple of days.

[rivaldo] 24/9/2024 12:47

Agreed, this is likely to be either that April contract win or the one in early June. The good news is that the contract has been successfully delivered prior to the 30/9 year end, so will nicely support the forecasts for the period.

The £3m contract win from July doesn't impact the year ending in 6 days' time so is all set to benefit future years.

[laugher] 24/9/2024 11:45

Sounds like it's the beginning of the contract announced on 29th April.But who knows!

[assagai] 24/9/2024 11:38

I believe I am correct in saying that that is not the very large contract that we are due to hear about anytime now as per the previous RNs. Think this is just an extra bonus one

[rivaldo] 24/9/2024 07:34

Excellent news just announced on IGE's web site:



"3DX-Ray Announce 1st Delivery in a Multi System European Contract at International Security Expo 2024

September 20, 2024

3DX-Ray LTD announce the first delivery of seven ThreatScan®-AS1 systems to an important European customer at this year’s International Security Expo.

3DX-Ray will again we will be exhibiting at this year’s prestigious International Security Expo on the 24th and 25th September 2024.

You can find 3DX-Ray on stand E42 and where we will be demonstrating the ThreatScan®-AS1(ISC), the ThreatScan®-LS1 and the ThreatScan®-LS3 portable x-ray systems. We will also present the newest product in the ThreatScan® range, the AS2.

Finally, we will be showing the unique capabilities of the AXIS™-CXi cabinet x-ray scanning system.

On show:

ThreatScan®-AS1(ISC) is a robust amorphous silicon portable x-ray inspection system. It comprises, as standard, a detector panel with an imaging area of 430mm x 347mm, a new high penetration 150kV generator, and a laptop along with batteries, chargers, the user-friendly ThreatSpect software, wireless communication and transport case.

The system is fully integrated, with a primary display, computer, communications and power supplies consolidated into a single, waterproof rugged case. A secondary display tablet offers high flexibility in deployment to meet the wide variety of user applications and threat scenarios.

The combination of technologies used in ThreatScan®-AS1(ISC) offers exceptional X-ray imaging performance, 3DX-RAYs renowned advanced materials discrimination, and sophisticated image processing software.

ThreatScan®-LS1 shares the same high quality, high penetration image characteristics but with a larger 600mm x 460mm imaging area. ThreatScan®-LS1 enables airline carry-on sized luggage bags and packages to be scanned in one scan.

ThreatScan®-LS3 is a compact yet powerful x-ray scanning system that can penetrate steel up to 40mm at 120kV and up to 60mm at 150kV. The 305mm x 256mm imaging area enables typical bags and packages to be scanned in one scan. The complete system fits securely into a back-pack.

ThreatScan®- AS2 is a smaller panel with all the capability of its larger counterparts, but is specifically designed for use in restricted spaces, such as under car seats, in drawers or between panels and shelves.

These systems are ideal for the EOD community as well as border agencies, police and security services for the inspection of suspect bags and packages in locations such as mass transit rail and bus stations, shopping malls, airports, stadia and sports arenas. They are currently in service with EOD units all over the world saving lives.

The AXIS™-CXi, is a cabinet-based x-ray system for screening mail, parcels and small baggage for potentially harmful items and contraband. It is a mobile unit so can be relocated easily within buildings. The CXi is unique in offering the 3DX-ray’s aviation standard materials imaging discrimination capability in a mail screening cabinet scenario."

[rivaldo] 23/9/2024 08:16

Nice 370,000 share buy at 2.7p this morning at what was the full offer price, and another move up.

[assagai] 20/9/2024 10:37

Ivyhedge ,I am not quite sure what you mean by
"There would have been an announcement if anything was to happen"
Basically the contract has already been announced in terms of awaiting final confirmation and that confirmation was due anytime now (September)