Imi Share Discussion Threads

[wendsworth] 20/2/2011 20:41

Veg Man : Patience is a virtue and rarely disappoints.

[veg man] 18/2/2011 12:02

I hope it isn't something I have said.

[veg man] 18/2/2011 09:51

I think that IMI along with dare I say quiet a few stocks at the moment is been influenced by market sentiment which is in turn been affected by the situation in the middle east.

[bluebelle] 18/2/2011 09:28

Can't see why anyone who wants weekly action is interested in a FTSE 100 stock like this.

[beckwith] 18/2/2011 09:16

Seems to be treading water for a little too long, perhaps next week will be when it rises.

[wendsworth] 17/2/2011 13:44

nellie1973 : Good spot. Share price has consolidated last week's gain and is now looking for the next leg up. See the next level in the 950s.

When it does start to motor this share tends to move quickly.

I'm with Barcap and see IMI well north of 1000p.

[bluebelle] 16/2/2011 14:06

Very modest target IMHO !!!

[nellie1973] 16/2/2011 13:41

Broker upgrade

[wendsworth] 14/2/2011 09:01

Veg Man and Bluebelle : Consolidation in the 920s before the next push on to 950 is my call before the results . Definitely one 'to keep an eye on'.

[bluebelle] 14/2/2011 08:56

Sector paused for breath as a result of profit taking, but story still intact. Now on the move again.

[veg man] 13/2/2011 15:47

Thanks Wendsworth,I must agree I feel more relaxed about this company than most of the companies I have invested with in the passed.(Hindsight is a wonderful thing).
I think that it is a company I must stay with.
I was pleased to see the share move north once more after the Egyptian incidence.It would be nice to see the share now move steadily onward and upward.

[wendsworth] 12/2/2011 11:57

Veg Man : Results on 3rd March . I'm anticipating some positive 'window dressing from the Board after its recent elevation to the FTSE. Final Dividend forecast as being about 15pence. Goes ex with a month with payment in May. In addition the recent strong upgrades will push the share price on.

Go As Arthur Daley would say , 'This is going to be a nice little earner' over the next few months!

Sit back and enjoy.

[veg man] 11/2/2011 15:49

Good to see wendsworth.

[wendsworth] 11/2/2011 15:22

Good solid rise back up this week and holding.

[veg man] 09/2/2011 09:56

Looks like you were right eater24 could have been a nice entry point.

[wendsworth] 07/2/2011 13:18

Veg Man : I'm confident you'll get it or somewhere very near it. I sold out previously at 998p!

[veg man] 07/2/2011 13:09

Topped up again today.
Looking good.£10 would be good.Thanks wendsworth.

[wendsworth] 07/2/2011 12:40

Eater and Veg Man : Nice rise back up today .

Looks like my family friend 'shrewdy' may be right. Positive rise after Friday's late 'flurry of RNSs.

See this rising up to near the £10 level again by results.

Great share to be in!

[veg man] 05/2/2011 11:41

Nice posts.
As a newbie to IMI I find them very friendly and reassuring.
Excellent thread.

[wendsworth] 04/2/2011 11:19

Results scheduled for 3rd March.

[eater24] 03/2/2011 16:03

i agree i originally bought in some time ago 270 mark but sold way to early and just watched as it powered on , back in now and will hold

[wendsworth] 03/2/2011 15:52

eater : It was ..it is !

A family friend advised me to buy into these.As he's a 'bit of a shrewdie' ..I did! I discussed the recent volatility in the company's share price with him this w/e and he's 'heard whispers' , although he wouldnt say from whom (!), of possible stake building in IMI. Was that the reason for this week's RNS ...which on the face of it seemed routine...i.e. the rminder to disclose large holdings over the threshold. Coincidence? Who knows! What i have noted over the past 30 years investning is that the prelude to corporate activity is often typified by 'unexplained ' share price volatility.

I've already made on this share having sold my original investment at 998, but I'm now back in looking for well north of £10.

[eater24] 02/2/2011 13:43

ticking down today , thinking this could be a good entry point

[bluebelle] 01/2/2011 15:32

Despite recent weakness in this and several others which I hold and which had good runs last year, I've sold nothing. I'd always expected something of a correction in January but I have at least a medium term timescale on the likes of IMI and remain (this will kill the rally if nothing else does !!!) moderately bullish about the market overall, and this sector and stock in particular.

I do think that sector and stock picking is crucial in these markets and I'm continuing to focus on companies with a good management track record; export led growth potential and solid balance sheets based on a sound cash position and good cash flow, hence the continued attraction of IMI. Obviously a higher yield would be great but based on the price I originally paid I'm not complaining : they do have a progressive dividend policy and as long as they maintain this sort of pay out, I'm happier seeing more cash being reinvested into R&D than being paid out to shareholders.

[wendsworth] 01/2/2011 15:00

Veg Man : Core hold for me too!