Imagelinx Share Discussion Threads

[callumross] 11/7/2012 13:26

Starting to see some value in this one. £10m turnover, profitable in first 4 months before orders fell off a cliff in April and May. No debt and over £500k net cash on the balance sheet which today's TS states should remain unchanged despite the reduced trading. So stripping out the cash the company is only valued at around £400k yet despite patchy profitability record they do usually generate a fair amount of cash each year. Tax losses of £14m too. Must be worth something a multiple of £400k methinks. Just bought 500k at .31p even though ADVFN shows the 2 trades as sells. Will look to top up while I can buy at or around these levels.

[dubois] 14/3/2012 10:44

Real spread is a tiny 75 v 78

[bangers for bucks] 29/2/2012 07:52

Outlook

With the reduction in costs and the growth of new business, the Group has weathered the loss of business elsewhere and I am grateful to all of our colleagues throughout the business and who have helped with this difficult transition. I am pleased to be able to report that the Group was profitable in January 2012 and activity and revenue levels have been elevated in both January and February, which gives us confidence that we should see a good recovery from last year.

Alistair Rae

Chief Executive

[bangers for bucks] 20/1/2012 08:00

Trading Update
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TIDMILI

RNS Number : 8868V

Imagelinx PLC

20 January 2012

IMAGELINX PLC

Trading Update

Imagelinx Plc ("Imagelinx" or the "Company") (AIM: ILI) the provider of graphic brand management services, is pleased to confirm that it expects that both EBITDA and operating profit before exceptional items and goodwill for the year to 31 December 2011 will be close to market forecasts. This is despite the difficulties in disengaging from its business in the USA. Revenue has been maintained in line with market forecasts and the Company has been able to reduce operating costs quickly over the second half of 2011, to match the reduction in revenue. After depreciation, amortisation and interest costs, including an annual charge of GBP0.24m for amortisation of intangibles, the Company expects to report a small profit before tax and exceptional costs.

The Company had a net cash balance in excess of GBP500,000 and ahead of market forecasts at the end of the year, following an anticipated charge for exceptional costs, mainly relating to disengaging from its US business, of approximately GBP0.4m, of which GBP0.3m was cash and most of this was paid before the year-end.

Prospects for 2012 have been improved by positive developments in sales in the last quarter of 2011. New business which had been won at the end of 2010 began to generate revenue and three new clients or brands were won. These are an additional major brand for an existing client, a client for whom the Company previously carried out consulting work, and a major European food producer.

It is expected that final results will be announced at the end of February.

For further information contact:


Imagelinx
Alistair Rae, Chief Executive Tel: [phone]
Allan Whalley, Interim Finance Tel: [phone]
Director
finnCap
Edward Frisby / Rose Herbert Tel: [phone]
(corporate finance) 0500
Victoria Bates (corporate
broking)

Cadogan PR
Alex Walters Tel: [phone]
Emma Wigan 9260

This information is provided by RNS

The company news service from the London Stock Exchange

END

TSTDMGMMRLFGZZM

[tomboyb] 02/11/2011 12:33

It does look decent Kenny - 600k profit first half and although the P&G contract is coming to an end - they will be mitigating that across the board - Not bad for a 1 .4mill cap - Another is MES which also looks inadevertantly cheap for a sub-penny -

[kennyruss] 02/11/2011 07:21

Looks very illquid, over 70% of stock held by these guys

Name Holding %
LTG Holding GmbH & Co. KG 102,677,214 35.52
Süd-Kapitalbeteiligungs-Gesellschaft mbH 21,568,228 7.48
Capital Group Companies Inc. 21,358,714 7.39
Odey Asset Management 15,327,350 6.32
Framlington 15,000,000 5.36
Caldwell Associates 14,342,000 5.12
David Straker-Smith 9,349,857 3.23

[kennyruss] 02/11/2011 07:20

a 100% rise on the day at one point yesterday and no posts..

any long termers here? - had a quick look at recent news, looks a decent business even though the P&G contract will reduce over next 18 months...

comments welcome

[tomboyb] 21/9/2011 15:32

375k available at 0.60p - there may well be a seller or a large sell -

[tomboyb] 21/9/2011 15:10

If this goes lower i well in for a few - i reckon a seller here but this could be a minimum of 1.5p -

[tomboyb] 21/9/2011 12:48

Callumross - i've had a very quick glance at this so bear with me as its the first time i am looking at it -

Cash generative with 600k profit in the first half! ok - No real debt as bank loads are 257k as per last results. they did mention the 2nd half forward looking statements - even so this could go back to 1.5-2.0p.

Is there a seller?

[callumross] 21/9/2011 12:42

I actually was reassured by the profit and cash generation in the last results. We know the second half is going to be tougher as they retrench from the USA. Any idea why we are down 33% today, then, Tomboyb?

[tomboyb] 21/9/2011 12:33

600K profit in the first half - revenues of around 6mill - will not be as good in the 2nd - BUT cash generative and profitable with a cap of 1.1mill - Looks very cheap to me indeed ( and i can't see any cobwebs so far)

[tomboyb] 21/9/2011 12:21

This looks very cheap on fundamentals - even at 1p ---

[callumross] 22/8/2011 13:59

Surprisingly good results. Even if they make nothing in the 2nd half (which they probably won't), the shares are trading on a p/e for the year of 4. Good cash generation too.

[callumross] 10/6/2011 08:07

Five grand each out of their large salaries. A huge vote of confidence indeed!

[bangers for bucks] 10/6/2011 07:08

Allways a good sign when 2 directors put there hard earned in!!

[bachellor] 21/4/2011 21:10

what year will i see 11p to break even..tia

[bangers for bucks] 21/4/2011 20:45

Yes but the contract will be faded out over 18 months, thats plenty of time to source new clients.

[gtaval] 21/4/2011 20:42

Hmm. P&G are a rather large client.

[ashtree2] 21/4/2011 16:30

Seems the market has over reacted to the rns just bought in at 1p,glta

[jenny tulwought] 13/1/2011 14:04

I don't know the first thing about this company but noticed it's the top performer on ADVFN's gainers list. Well done if you got in at a lower price - any idea what's sparked the jump?

[callumross] 13/1/2011 12:19

Up, up and away!

[latifs100] 02/12/2010 17:18

pls tell me they not going bust.. i bot at 11p

[callumross] 09/11/2010 10:43

Well, just bought 300k at 1.3p. Will take my chances that the 0.3p forecast for 2011 is achievable. If so, I am buying on a prospective P/E of 4.3

[callumross] 08/11/2010 16:27

Someone is dumping these big time. At the end of every day there is 100k or 250k sales at a penny a pop. Consequently you can buy as much as you want for 1.3p. I have been tempted to re-enter this one, having done well a couple of years ago but they really seem to have made a big mess of their cost base and wiped out profits. I see that even the house broker only expects 0.1p for 2010 but 0.3p for 2011, so a prospective P/E of less than 5 does look tempting but then debt seems to be up. Anyone got any views? Guess they will only get cheaper in the meantime until the seller is cleared.