Imagesound Share Discussion Threads

[iandippie] 15/3/2007 10:23

That 30,000 sell was a buy. So, 40,000 bought this morning, and the MMs are already marketing it up 3%. What will happen if 100,000 or 200,000 is bought?

[ptolemy] 14/3/2007 16:35

Not ATCG director buys but Director of Command Fund. Its a private Monaco-based fund that seems to invest in media companies.

[clubman 66] 14/3/2007 14:28

Ah... There's the reason for the tick up. RNS with director buys.

Holding in Company


The Company was informed on 14 March 2007 that Stephen Tucker had increased his
personal holding in the company to 1,075,000 (1.69 per cent.) ordinary shares of
10 pence each in the Company ("Ordinary Shares"). Stephen is a Director of The
Command Fund, which has a holding in Imagesound of 8,725,000 ordinary shares
(unchanged at 13.78 per cent.). Accordingly, Stephen Tucker and The Comamand
Fund have a combined holding in the Company's issued ordinary share capital of
9,800,000 (15.48 per cent.)

[iandippie] 14/3/2007 14:13

yes, they undershot, but there was still good growth, and it's still on a current year single digit pe, so very attractive to new investors, who may not be aware of them undershooting (or even care).

[matt9991] 14/3/2007 12:57

go on then Ian. Have a leg up. Lets hope things stabilise a bit now. Cant deny the fact that results undershot, but the company is still very healthy.

[iandippie] 14/3/2007 09:27

holding up well during latest stock market wobble, and selling volume is drying up. time for the next leg up?

[fozzie] 12/3/2007 08:27

pp - a good read on TMF, funny but an accurate assessment of the company. I am holding, things will come right imo.

[silent_angel] 12/3/2007 08:24

Just bought 10000

[papalpower] 10/3/2007 01:32

Worth a read for a chuckle and review :

[matt9991] 09/3/2007 17:51

im still in for now. Will watch and see what happens over the next few months. Sold down by about half ,but will buy them back should it go too much cheaper. It wouldnt surprise me to see them bounce to new highs.

[iandippie] 09/3/2007 17:18

Well, I think people have jumped ship too early. Forward pe is still very low, and whilst disgruntled investors are petering out, price has held up pretty well considering. New investors, not familiar with old forecasts will see this with fresh eyes, and see a company on a single digit rating, acquistion hungry, reduced debt, and see it as an attractive offer. i reckon these will bounce within a month to new highs like they did after the post-interims-price-dip (as long as the general market recovery continues). imo.

[cambium] 09/3/2007 08:32

Martin, You did better than me, I got 16.02p for mine

[papalpower] 09/3/2007 02:21

CR, as they highlight the underlying PTP its more than likely that their bonus scheme is this year linked to underlying PTP, and they have just qualified for it.

You know what directors are like, set the parameters for your bonus a year ahead, focus your efforts on that item only, highlight it in the results, collect your wadge.

Not saying thats the case here, but it is often the case, as we all know ;)

[cockneyrebel] 08/3/2007 17:49

Large trades after the close.

650K sell and 500K + 150K buys imo - matching off @ 16p.


I sold some more late on. I think they look good value at this level if they deliver. As CS have reduced their forecast I'm not conviced. I'm also not over chuffed about getting a set of results presented like this at the next set of results and everyone in limbo again.

I spoke to the FD after the interims and was told that the earnings figure that should be looked at would be clearly highlighted. Sounds a load of old ballax to me now as there's no highlighting of the adjusted or underlying eps while they highlight the underlying pre tax profit.

Still got a third of my original holding. Price still firm for all that selling going on imo, when 10-20K can knock it at times.

CR

[wiganer] 08/3/2007 17:12

I've been out of these for some time, so have no axe to grind either way. The results looked pretty mediocre to me, and to fully justify the pullback. I wouldn't be a buyer again above 15p unles something radical happens, like them delivering a profit.

[masurenguy] 08/3/2007 17:07

Good luck to you also mikey_b.

It is a big issue with me when I perceive that the results do not reflect what I was expecting from the most recent trading update and especially when no comment or explanation is forthcoming to either explain or clarify this. Like Shanklin, my impression is that investor relations are not a priority.

Good luck to all other holders - still like the technology but there are other instore service providers.

[shanklin] 08/3/2007 16:36

Mikey

FWLIW, I'm now out of ISD. Like Masureguy, I feel any connection between the trading statement and yesterday's results were purely coincidental and, IMHO, management have no interest in keeping investors up-to-speed on how their business is progressing.

Still up 50%+ on my original purchase price, but have no interest in holding this share whilst management are so dismissive of shareholders.

Good luck to all holders, and if they do deliver a genuine 1.8p of earnings this year, they are probably somewhat under-priced.

Cheers, Martin

P.S. Wish I'd been a little faster off the mark yesterday in terms of selling; got out at an average price of 16.19p

[mikey_b] 08/3/2007 13:28

Good luck Masurenguy. I have hesitated and am now staying put for the moment.... although thinking of leaping from here to CFE.

[masurenguy] 08/3/2007 12:23

I'm out. Sold 50% yesterday and the balance today and took an overall 5% loss and have already reinvested 50% of the proceeds elsewhere.

In my opinion the year end results do not harmonize with the expectations emanating from their last trading update and I now have some credibility issues with information provided by management. Also not at all happy with the way that the results were presented, the second half decline in EBITDA and the eps reduction contained in the latest CS forecast for the current year.

In the longer term I still feel that this still has potential but I now think that there are greater returns to be had elsewhere.

[iandippie] 08/3/2007 12:00

Surely a current year pe of 9 followed by next year pe of 7.5 is still cheap?

[cockneyrebel] 08/3/2007 11:07

cheers NJP.

That's a reduction then. Hmmm.

Not best pleased - think I'd like to read the note. 1.8p eps this year would be a PE of 9 here but not the bargain it looked on the 2.4p eps forecast they previously had.



CR