Imagination Technologies Share Discussion Threads

[mister md] 04/4/2017 15:22

a blip ? hoho

[sussexseagull] 04/4/2017 15:08

...... Just passing through. As an IMG holder since their 17p days I regard the recent drop in price as a blip. My regards to JJ (and assorted aliases) hammerd/Dave Sweeney/someuwin etc. 200p by Xmas?

[colsmith] 04/4/2017 14:54

If people have moved to APPLE from IMG they went with knowledge of the IMG stuff and presumably that's why they were wanted. So what's the chances that patents have been infringed? GOOGLE and UBER are in litigation with only one guy going from GOOGLE. Interesting times share price aside. Maybe deep pockets are not needed if the case is good, as post above showed.

[ny boy] 04/4/2017 14:32

Can't see Apple paying more than 150/175p?

[t 34] 04/4/2017 14:06

he he he yeah

[richardc77] 04/4/2017 14:04

It's funny, pre Mondays announcement the short side on IMG was unusually low.

I think this is/was a positive for support now..

[t 34] 04/4/2017 13:56

Us opens soon , more buying .

[mojad5] 04/4/2017 13:29

By the sound of Mallorca's desperation it seems that he's getting his balls busted as well!

[mister md] 04/4/2017 13:22

follow the money, as they say

[orkney] 04/4/2017 13:21

Mallorca 9 "sell now this may fall very quickly". Are you qualified to dish out advice? On what basis do you make your advice, your short position most probably.

[mister md] 04/4/2017 13:17

likely, but then a bounce to 150p means there is money to be made... decisions decisions

[declan2] 04/4/2017 13:17

It may fall quickly, it may rise quickly.

Smart people don't care about the 'may', 'could', 'should'.

Any mug who opened a short yesterday is getting roasted. That's the fact.

[kobanaman] 04/4/2017 13:14

Dead cat bounce

[mallorca 9] 04/4/2017 13:10

Don't make us laugh Declan.
Sorry to those who have lost money here but sell now.
This may fall very quickly.

[declan2] 04/4/2017 13:06

Bit of a short squeeze going, punters like montyhedge gettin his balls busted

[nod] 04/4/2017 13:03

Companies no longer need massively deep pockets to pursue claims against the taxman or patent infringement claims. The BIG FOUR accountancy firms will take on winnable cases on a no-win no-fee basis. Many law firms specialise in this.It will be a very long process though as wins result in appeals. For example, Sportech (SPO) didn't have much money but took on Seagate in the 1990's with financial help and won (Sportech was then Rodime). Over the past 8 years Sportech has taken on the Inland Revenue and won 97 million (taken by IRD up to the Supreme Court). All this was achieved by third-party sponsors on no-fee basis.Point is, you need a sound case and not deep pockets. If you don't have a very strong case then forget it.

[mallorca 9] 04/4/2017 12:55

I'm amazed at how many were / are in this.
Can only be because of the ARM story.

[miahkaysor] 04/4/2017 12:44

Could see a close of between 120p-125p today.Still fair value around 150p, imho dyor!

[mallorca 9] 04/4/2017 12:40

Orkney,

the share price is purely speculative.
Fundamentals will prevail.

[orkney] 04/4/2017 12:39

Mallorca 9, "now losing half its revenue". Not yet, at least 15 months to get to that level. There is no reason why img cannot make up some of this future lost revenue by generating replacement business.

[nod] 04/4/2017 12:32

Mister MD,An share price is obviously based on the future forecast rather than the past. The recent news may have turned history and forecasts on its head - or may not depending on Apple's development over the next 12-18 months.My point though is in the value of IMG on the global open market. The old guard at IMG will resist any overseas buyer.

[mallorca 9] 04/4/2017 12:27

£300m market cap.
Making around £5m per year profit with £40m net debt !
Now losing half it's revenue

[mister md] 04/4/2017 12:26

114p/76p = exactly 50% bounce from the low. Is that the end of the dead cat bounce or is there more to come ..... ?!

[mister md] 04/4/2017 12:21

Nod I was referring to marketcap compared to losses and 40m net debt etc etc

[nod] 04/4/2017 12:19

Hi Mister MD, Are you saying that the share price last week factored in a very long-term commitment by Apple. For example, an expectation of steadily growing revenues from Apple for the next five or ten years?