Image Scan Share Discussion Threads

[clocktower] 22/2/2022 18:23

The thing is that I cannot see the share price sliding down very much now. So it should form a base between 1.6 - 2p for a while now, and once they are able to start posting news on larger orders, we should see further recovery imo.

If you disagree trident5 - please continue to post as I would welcome hearing both sides of the debate.

[trident5] 22/2/2022 16:15

Well - do they know what they're doing?
Today's RNSs are signed by Mawer in his capacity as CEO and Chair.

[monty68] 22/2/2022 15:48

Board changes werre announced some time ago

[clocktower] 22/2/2022 14:35

trident5 - not ramping I was putting forward research that I found but yes I was falsely positive, as I have stated - however we are seeing a recovery from this mornings low. I was a buyer, and it is not as though I was trying to unload stock, and like many investors will be suffering from a paper loss at present, hopefully that will change given time but everyone must make up their own mind about adding or holding or selling. In fact looking at the trades, it seems to me that there are more buys at present but the MM might well have a number of larger sells that will only show at close. We shall just have to wait and see.

As for your comment about the Board, if you followed in more detail you would know that investors were advised of these changes some time ago.

[trident5] 22/2/2022 13:59

CT - you were ramping this up ahead of the update today.

Good of the Board to tell us about the Executive changes nearly 2 months after they came into effect. What happens to the interim CEO after the "interim period" is over?

[mr macgregor] 22/2/2022 12:13

What with ODX and IGE, spearman Assaguy enjoys a rough ride buywell3. One wonders if he's taking Aim with daddy's money. Easy come, easy go...

[clocktower] 22/2/2022 12:07

At least it is recovering some of the early markdown now. I should have averaged down but that's the way it goes, but with luck it might get taken over by Serstech AB and we see a full recovery.

[football supporter] 22/2/2022 09:48

Don't say you weren't warned Clocktower. A bit of humble pie is due here. I feel for other holders but you trash other threads with your de-ramping and it comes back to bite you. I did warn you. No sympathy for a very poor investor with a nasty streak to go with it.

Good luck to other investors here but IGE just goes through a vicious circle of faint optimism followed by trading update warnings. Deja vu all over again. It has done it for decades hence an 80p to 1.5p decline.

[owenski] 22/2/2022 08:47

The last update did warn on continuing Covid uncertainties, so today's TU is not overly surprising.

Cash must be a bit tight here, it's a piddling small outfit and doesn't seem to get off the ground.

Too much risk here.

[clocktower] 22/2/2022 08:29

Cheers garth.

Hey ho life goes on. One just has to own up when one gets it wrong and keep going.

It will turn in time I expect but seems super value at these levels but I will not be adding until there is better news.

[buywell3] 22/2/2022 08:10

He will be able to add soon at a penny imo

What say you African Spearman ?

Is this now as cheep as chips

[mr macgregor] 22/2/2022 07:56

Today’s RNS wasn’t difficult for you to predict, unless of course you’re an IGE patsy like Assaguy:

Mr MacGregor - 07 Dec 2021 - 18:41:45 - 6578 of 6711
Always good for a laugh. They keep talking about their organic growth strategy, yet since Mawer unveiled it three years ago, after the abortive acquisition of Todd Research, he's grown annual revenue from £3.5m down to £2.9m. About time he gave it a rest. Two directors trading options, including the guy replacing him (who had a paltry holding to begin with) hardly inspires confidence.

In answer to your question about why I put the ODX example up, smartAss threatened me with libel for posting some home truths about IGE a few years ago and he's still at it with others. Assaguy is the quintessential bulletin board bully boy who doesn't like it up him.

[mr macgregor] 22/2/2022 07:50

Another iceberg collision for you Charles. The gift that keeps on giving, what?

[buywell3] 22/2/2022 07:24

· Trading continues to be impacted by COVID-19

· Company will be loss-making for the first half of the financial year

· Board considers the loss may not be recovered by end of the financial year

[clocktower] 22/2/2022 07:22

F s, you were correct I was wrong and have invested in another bummer, I regret to say. I will have to take on the chin and move on.

Nothing about new orders in the USA market in the RNS and the last update was somewhat misleading imo.

[clocktower] 18/2/2022 16:39

LOL f s, The only sale I see today is the almost £300 one but hey ho if someone needs cash or is bored why not, or even making use of a possible loss for tax reasons, and unless you have been the seller we have no idea why.

Still I am so glad you did not just walk on, and stayed to inform anyone of your predictions that only time will tell if you or I am correct in our current valuations, not to forget those of the broker.

If I recall correctly it was around 4/5p was it not.

Have a good weekend and spend it in a worthwhile way, doing some solid research on IGE rather than at a football match, then you might still have more than the £12 you speak of to invest in IGE, and you one day might even want to pay ADVFN for their services and platform they provide us all with to voice our views.

The balls back in your net. :-) The score on Tuesday will be the test, do you not agree?

[football supporter] 18/2/2022 16:03

G'day Clocktower. Did you bail out with that 400 (£12) share sale?

Revenues decreased significantly as they have cut R&D to the bone and temporarily cut expenses. Not sustainable. Just a 'me too' lifestyle company that has done nothing for 25 years but cling on. Perrenial disappointers with a bleak outlook given no USP.

Definition of madness is doing the same thing and expecting a different outcome. You really expect a different outcome than the downward spiral in shareholder value of the last 25 years? You must be a Luton supporter - Mad hatter!

[clocktower] 16/2/2022 22:39

football supporter, do not worry because

"When you walk through a storm, hold your head up high
And don’t be afraid of the dark
At the end of the storm, there’s a golden sky
And the sweet, silver song of a lark

Walk on through the wind
Walk on through the rain
Though your dreams be tossed and blown

Walk on, walk on
With hope in your heart
And you’ll never walk alone
You’ll never walk alone

Walk on, walk on
With hope in your heart
And you’ll never walk alone
You’ll never walk alone

[football supporter] 16/2/2022 21:20

Yeah and every broken clock is right twice a day except you as you must be digital.

Read the accounts in detail and not just superficially like you clocktower. Temporarily reduced overheads but revenues FALLING. A lifestyle company that has never done anything but fail to meet expectations for more than two decades.

Doesn't deserve to be rated more than cash as the Company never fails but to disappoint even with very low expectations on 'me too' products. Usually, it's a cancelled or delayed contract that is the excuse but to be fair to the directors they have a full book of other excuses used over the past 25 years.

[football supporter] 16/2/2022 13:49

Looks like a real dog of a share. Been around for over 20 years. Constant revenue warnings, cancelled and delayed contracts and 'unlikely to meet market expectations' announcements. How much longer can it survive in such a competitive market?

[clocktower] 16/2/2022 12:26

Just an interesting video I came across that some might be interested in: