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[ny boy] 19/7/2017 11:34

I should say that target of 100p would be 3-5 yrs. short term say 10-15p

[mathematic] 19/7/2017 11:22

Remember buying some at 30p., Assagai.

[assagai] 19/7/2017 11:07

Admire your enthusiasm Ny boy! Probably a bit unrealistic but 20p to 30p would be achievable I think.

[ny boy] 19/7/2017 10:47

Looking perky again, just the start of a long road to 100p +

[mr macgregor] 18/7/2017 09:52

Amusing that within one business day of me telling them to show us the sales they release a positive update. Looks like I touched a nerve. Next they’ll be expecting us to applaud them for reaching their options target within two weeks of setting it. Oink, Oink ; )

[amt] 17/7/2017 23:03

Yes I agree I would expect it to settle around 10p over next 2 or 3 months.

[ny boy] 17/7/2017 18:44

Press and a re rating coming up I reckon, should take out the 9p level over the short/ medium term

[jovi1] 17/7/2017 14:50

very few share available if people are interested need pay the premium here

[amt] 17/7/2017 14:43

News is getting around now. Could it go over 7p today

[jovi1] 17/7/2017 14:42

I had to pay above asking price for just 39k
not sure if is good or bad news

[jovi1] 17/7/2017 14:27

I cannot top up
not even with order at full asking

[ny boy] 17/7/2017 14:16

Yep, holding these long term, happy with progress to date.

Market has got this one wrong, way too low a valuation imho

[owenski] 17/7/2017 13:31

At only 7.5m m.cap, I'd argue some good upside still to come with Mawer's stewardship, the guy has turned this around after years of shoddy performance, and outperform statements are very welcome. Great TU.

[amt] 17/7/2017 13:27

The share price got up to 9.0p s few months back so logic says it should be back over that in short time. Longer term it may not be the sort of company that makes tens of millions of profit but I am hoping for several millions at least.
I would expect pe of 20 anyway

[amt] 17/7/2017 13:01

So for year over 5 to 6m or getting towards double last year. Market cap 7m seems absurd unless I have missed something. Perhaps the market is waiting for a track record to be established.

[amt] 17/7/2017 12:54

Yes the order book was already 1 million and so turover in h2 must be heading for in excess of 3 to 4m. That should give a profit of .5 to 1m for H2.

[1squintyflinty] 17/7/2017 12:40

This should have flown today.Perhaps it will if some of the share magazines highlight the potential of this company.At the present moment it is still a bit under the radar.

[monty68] 17/7/2017 12:05

I quite agree with Waggle regarding Bill Mawer whose contribution since he joined cannoy be underestimated. Lets hope he can keep up the good work

[vasilis] 17/7/2017 12:04

waggle

Agree 100%. Bill Mawer was appointed Chairman and CEO just over 3 years ago in May 2014 and I too was confident that he was the right man for turning this company around. So far so good, but as you know it takes time to make the necessary company changes and to get the right mix of new offerings that clients are looking for. Having now got all the ducks in a line - especially with regard to new offerings - today's RNS is confirmation for me that a much brighter 'new future' for IGE has well and truly got underway.

[waggle] 17/7/2017 11:44

Vasilis, i am of the firm belief that the company is only where it is because Bill Mawer brings such huge exoerience of planning and attention to detial from his long and very successful time at Smiths Industries. Anyone selling today is in need of help...

[vasilis] 17/7/2017 09:11

Excellent trading update this morning :-



In essence, the company is more or less stating that we've now got more orders than previously forecast and we're now pulling out all the stops - including hiring contract staff - to ensure on time delivery for our customers in respect of these orders. A nice problem to have but it needs careful planning for as stated :-

'The Company will issue a more detailed statement regarding its expected performance once supply chain and operational planning for the new orders is complete.'

Hopefully the level of planning and attention to detail will mean that performance targets will be met.

[monty68] 14/7/2017 11:25

I must admit I am not very happy about these recent developements. As you say, exercise price too low. Lets hope for some good news, it all seemed to be going so well!!!

[mr macgregor] 14/7/2017 10:20

Or feeding the suckers in the market? Clearly their advisers told them to take the opportunity to get some cash in at 5.25p at what they perceived was the top of the market. I've noticed many Aim placings over the last six months and it's not a healthy situation.
We need to see the fruits of the directors' labours in getting the new products to market. No surprise to me to see the price drop after the nose in the trough options issued with an exercise price of 6.25p, way below the twelve month high and not far enough above the placing price for my liking. Let's see what the sales director has done to deserve his 440,000.

[pru dent] 13/7/2017 11:24

The problem here is a given and common to all AIM shares that don't have a regular and positive newsflow. This time last year the company announce a couple of meaty contracts and the price went up to around 9p. Now because there is nothing similar this year peeps assume that the contracts have dried up and increasingly even small sells drive the price down. It is very disappointing to see IGE at today's level and maybe the results will be good. Trouble is that will only have a temporary effect and the 50% drop needs a 100% increase just to get back to where we were before. As you say 1qf, we are now below the placing price, now does that make it a bargain or does it just annoy the investors?

Cheap, well i hope this is not leaked news that they are doing a fundraising for an acquisition because if so it suggests the raising will be at a discount. My only positive at the moment is that the CEO went in for the last fundraising and in theory nobody knows what is going on better than him. Anyway it is a pity to see the price where it is and maybe the company might return to feeding the market with succour!

[1squintyflinty] 13/7/2017 10:00

Under the placing price now.Buyers should start to return at these levels.I'm in for some more anyway.