Imimobile Share Discussion Threads

[chasbas] 24/1/2019 11:24

Topped up at 214p and is now my biggest holding. Please tell me anything negative I should know. GLA

[rivaldo] 13/1/2019 08:17

Yep, good to see a second lot of director buying - the first £184,000 director buy was at 265.5p, so buyers now are getting a large discount to what a non-exec director was happy to pay only a month ago.

[aishah] 04/1/2019 14:26

Added here earlier today. Techinvest has a buy rec (already in their portfolio @278p). Non-exec Chairman buy of 10k RNS'd today.

[rivaldo] 04/1/2019 09:22

Agreed - does seem bonkers, but then the markets are volatile at present.

IMO are on track to make 14.7p EPS for the year about to end, followed by 15.6p EPS for the year starting 1st April.

The interims concluded very satisfactorily:

"The technology and consumer landscapes are evolving as anticipated and given our leading positions in certain markets and sectors, we expect to continue to benefit from these changes in the near-medium term. We have had a strong start to the second half and remain confident about the Group's prospects for the full year. We expect full year results to be in line with management expectations."

At 214p IMO are now on a very good value P/E indeed going forward considering its sector.

OT : edited as I'd somehow posted the wrong figures :o))

[chasbas] 03/1/2019 10:04

Hilarious! Apple's profit warning has probably hit the share price because it has "mobile" in its name!?
H1 results on 20th Nov reported "strong momentum" and a "strong start to the second half and remain confident about the Group's prospects for the full year."
SP down 7%. Managed to top up at 213p.
IMO this is crazy

[mrnumpty] 17/12/2018 18:41

With the stock markets mired in gloom , it's great to see this actually buck the trend by going UP , albeit by only 3p ( 1.24% ) to £ 2.44 .

[rivaldo] 07/12/2018 15:27

Great to see big director buying, particularly by an NED.

Punters can now buy in the market at 10p less than the NED did :o))

[mfhmfh] 07/12/2018 14:55

'IMImobile announces that it received notification on 7 December 2018 that persons closely associated with Vishwanath Alluri, a Non-Executive Director of the Company, bought 69,500 ordinary shares of 10 pence each in the Company ("Ordinary Shares") at a price of 265.5 pence per share. Following the purchase Vishwanath Alluri is interested in a total of 6,211,457 Ordinary Shares representing 9.4% of Company's issued share capital.'

approx. £184,000 spent.

[rivaldo] 07/12/2018 10:39

Pie Funds Management have bought above 3% and now have 2.17m shares:

[rivaldo] 25/11/2018 17:15

Nice tip for IMO in yesterday's Times as a UK tech stock to buy:



"Imimobile

This cloud software company based in London creates products that enable companies such as BT, Pizza Hut and banks to communicate more effectively with their customers through mobile and digital channels. Victoria Stevens, a co-manager on Liontrust’s UK Micro Cap fund, says: “Despite its relatively small size — £200 million market capitalisation — Imimobile is truly global, stretching from the Americas to Europe, the Middle East and Asia. As well as robust organic growth, the company is also growing by acquisition.”

And also Liontrust are continuing to buy - they now have 21.39%, or 13.98m shares, so they've bought another 640,000 shares or so since their last recent disclosure:

target='window'>https://www.investegate.co.uk/imimobile-plc--imo-/rns/holding-s--in-company/201811221510012535I/

[rivaldo] 23/11/2018 11:17

Cheers mfhmfh - can you copy any of the detail, perhaps after a few days' grace?

Whitman Howard have issued a new Buy note, with a 343p target - here's a summary:

"Interim Results in line

IMImobile interim results were in line. Revenues were up 26% to £67.2m (2017: £53.1m), this is 15% organic growth. Gross profit was up 18% to £29.2m (2017: £24.7m), 3% organic or 10% organic excluding impact of MTN. Adjusted EBITDA up 35% to £7.7m (2017: £5.7m). Adjusted cash generated from operating activities of £6.1m representing operating cash conversion of 80% (2017: 100%). Net debt at 30 September 2018 was £9.3m (31 March 2018: net cash £4.3m). IMO expect full year results to be in line with management expectations. We retain our Buy rating and PT343p.

IMO is the leading player in Enterpise CPaaS (Communication Platform as a Service) in the UK and this is demonstrated by numerous multi-year new contract wins with large enterprise clients in the banking, utilities, retail and logistics sectors
Gross profit for Europe and Americas was £20.3m (2017: £13.8m), which is 70% of gross profit half year, growth of 48% YoY. Organic growth was 21% with additional growth from the acquisitions of Impact Mobile in July 2018 and Sumotext and Healthcare Communications in the previous year. H1 was a good period for blue chip UK client wins. This list includes Npower, and logistics provider, Hermes. This exemplifies IMO strong position in the Enterprise space. The acquisition in July of Impact Mobile expanded the business in North America. There are many revenue synergies between the businesses.....

....Gartner has recently defined the IMIconnect platform as CPaaS (Communications Platform as a Service), a cloud-based middleware on which you can develop, run and distribute communications software. The platform offers APIs that simplify the integration of communications capabilities into any app, service or business process. According to IDC The CPaaS market is forecast to grow from $2bn in 2017 to $10.9bn in 2022.

We are not making any material changes to forecasts."

[mfhmfh] 21/11/2018 17:37

buy rating reiterated in today's IC

[rivaldo] 20/11/2018 09:52

Very satisfactory and in line numbers this morning, with IMO confirming that they expect full year results to be in line with expectations.

IMO are set for 17.3p EPS this year, rising to 21.5p EPS next year.

IMO will therefore soon be on a P/E of only 13.9 - not bad for a business showing 40% adjusted PAT growth.

I note that the 3rd July acquisition of Impact Mobile is expected to be "immediately significantly earnings enhancing".

And there's been another acquisition this week which wasn't formally announced on RNS - IMO paid $1.5m for "the trade and assets of Express Pigeon, a US-based email marketing platform provider".

A shame about the fall in revenues from MTN/Nigeria - but this makes the H1 performance even more creditable, and IMO are certainly grabbing global business elsewhere.

There's large adjustments to get to the statutory numbers, i.e £3.1m of depreciation and amortisation and acquisition costs, which are fair enough, plus large share-based payment charges, and a huge tax charge which for the moment I can't see a formal explanation for (perhaps the large dep'n/amortisation is the reason).

The outlook statement is very confident, and I'm happy to hold for continued company and sector growth:

"The Group has continued to perform well, both on a financial and operational basis. We have a strong position as market leader in the UK, Canadian and South African markets and have seen numerous, multi-year new contract wins in the UK across our core sectors. We are pleased that we have seen 18% organic growth in gross profit from monthly recurring revenues, excluding the known headwinds created by MTN. I am also pleased with the improved operating leverage from past investments made in partnerships and R&D.

The technology and consumer landscapes are evolving as anticipated and given our leading positions in certain markets and sectors, we expect to continue to benefit from these changes in the near-medium term. We have had a strong start to the second half and remain confident about the Group's prospects for the full year. We expect full year results to be in line with management expectations."

[mrnumpty] 15/11/2018 08:19

Should have stated in my post of yesterday that all three of the transactions which I reported were at a price of £ 2.95 , suggesting that all three were purchases .

[mrnumpty] 14/11/2018 17:16

Major share purchases on 14/11/2018 , all at 3.42 pm . According to the Hargreaves Lansdown site , there were three major share purchases : 1,990,000 shares bought ( £ 5,870,500 ) ; 100,000 shares bought ( £ 295,000 ) ; 1,914,558 shares bought ( £ 5,647,946.10 ) . One has to be very careful in accepting Hargreaves Lansdown's allocation of " sell " or " buy " to transactions , as HL themselves state that they assume that anything above the average price is a purchase , and vice versa . However , the transactions immediately prior to this appear to be " Sells " , at the significantly lower price of £ 2.86 , thus suggesting that these major transactions were , indeed , purchases . Can anybody shed any further light on this ?

[rivaldo] 14/11/2018 07:07

New contract with Hermes re IMIconnect:



"Hermes digitally enhances parcel delivery experience with IMImobile

Parcel delivery provider to use IMImobile's communications platform, IMIconnect, to orchestrate digital customer engagement

Global cloud communications software and solutions provider, IMImobile PLC, has been chosen by Hermes for the implementation of its new parcel notification strategy as part of their 'Digital Futures' programme. Hermes will be using IMImobile's enterprise cloud communications platform, IMIconnect, to power millions of delivery notifications each month on behalf of their retail customers.

IMIconnect enables customer experience automation for millions of deliveries that are processed every year by Hermes. Customer journeys built in IMIconnect currently include returns management; geo fencing, which provides customers with the ability to track their driver as well as 'SafePlace' photo. This provides consumers with the added confidence that their parcel has arrived even if they are not at home.

etc"

[rivaldo] 31/10/2018 14:07

Catching up after hols - Liontrust have increased to 20.41% (13.33m shares) from 12.72m shares per their last disclosure, so that's another 600,000 shares in their kitty:



And the interims notice of results notes announcement on 20th November, with no problems mentioned - the outlook from the last prelims was rather bullish:

"The 2019 financial year has started well with trading in line with expectations. We continue to have good earnings visibility due to our established client relationships, healthy pipeline of new deployments and high proportion of recurring customer revenues."

[rivaldo] 17/10/2018 11:49

Positive stuff yesterday on Techmarketview re the Apple tie-up:



"Tuesday 16 October 2018
IMIMobile makes smart move with Apple Business Chat

While TechMarketView has long been a critic of the Government’s initiative to roll out smart electricity meters, see Smart Meter Madness (10) and work back, it is good to see that suppliers are doing what they can to improve the customer experience for those who are looking to switch to a smart meter.

One of the largest energy providers in the UK, npower, has become IMIMobile’s first client on Apple Business Chat, a new service for consumers to connect directly with businesses using the Messages app on Apple devices. Customers will be able to access rich media messages informing them of the benefits of a smart meter and how to switch. npower will also be able to elicit feedback via surveys to improve its service to customers.

The addition of Apple Business Chat is another string to IMIMobile’s bow as it enables a wide range of utilities and financial services companies to transform customer journeys. It can also short-circuit the legacy and organisational problems of established companies as they move to deliver joined-up and end-to-end processes over multiple contact channels. IMIMobile has been making rapid progress, with strong results for the year to March, further acquisitions and consistent investment in its cloud software platform. The addition of Apple Business Chat should provide further momentum."

[rivaldo] 11/10/2018 14:52

Good to see a bounce starting....

And IMO have another large institutional investor - Merion Global Investors have just gone above 5% with 3.38m shares:

[rivaldo] 02/10/2018 07:14

News re IMO and Apple:



"IMImobile offers Apple Business Chat to help clients connect with customers wherever they are

IMImobile (AIM: IMO) today announced its customers are now able to use Apple Business Chat, a new way for users to communicate directly with businesses using the Messages app on iPhone and iPad.....

..... Businesses that use IMImobile can easily sign up to try Apple Business Chat beta." said Jay Patel, Chief Executive of IMImobile...

....Apple Business Chat is now available to users and businesses in Australia, Canada, France, Germany, Hong Kong, Italy, Japan, Singapore, Switzerland, UK and US, and is built into iOS 11.3 and higher."

[rivaldo] 06/9/2018 07:17

Nice - new contract win:



"5th September 2018

Capitec, South Africa’s fastest growing bank, selects IMImobile to deliver all automatically generated client communications

London, 5th September 2018 – IMImobile, a cloud communications software and solutions provider, has been chosen by Capitec Bank – South Africa’s fastest growing bank – to deliver a centralised client communications hub in order to deliver a more personalised digital banking experience across its base of more than 10 million clients.

IMImobile delivers marketing communications across SMS, email, app push notifications, telemarketing, and direct mail. Using IMIcampaign – IMImobile’s market-leading integrated campaign management solution – Capitec can create, manage and deploy interactive mobile-first client communications. IMImobile will deliver critical communications to Capitec’s clients when opening new accounts, share digital bank statements and amend account details.

Capitec will also employ IMIconnect, IMImobile’s enterprise-grade communications platform, to speed up the delivery of new innovative banking services. IMIconnect’s visual workflow builder allows the design and launch of omnichannel customer journeys such as credit status checks, account and transaction notifications and surveys in a low-code environment, communicating easily between existing business systems and processes.

Francois Viviers, Executive Marketing & Communications of Capitec Bank said “At Capitec, our mission is to help clients improve their financial lives. We guide and assist our clients to transact, and financially interact with the world as it evolves. Delivering personalised communication, especially across mobile and digital communication channels, is hugely important to us and our clients. We are pleased to work with IMImobile, a partner with proven experience and track record in the financial services sector and look forward to delivering greater personalisation for our clients.”

Jay Patel, Chief Executive of IMImobile commented “We are pleased to have been selected by Capitec to deliver a centralised communications solution. Using IMIconnect and IMIcampaign, we are able to deliver mobile-first marketing innovation at scale to ensure Capitec clients receive the right communications, at the right time, and with the right level of personalisation. We look forward to working in partnership to help optimise the client and customer service experience.”

IMImobile offers a scalable enterprise-grade technology as an established leader in mobile customer interactions. IMImobile was recently recognised in Gartner’s first Magic Quadrant for Mobile Marketing Platforms as a specialist vendor that provides mobile-first capabilities in the enterprise marketing technology stack for midsize or larger enterprises seeking to deploy a mobile-centric marketing strategy."

[rivaldo] 05/9/2018 10:24

More new highs. The increased liquidity and clearing of the Gresham House stake is helping things along nicely.

[rivaldo] 29/8/2018 23:10

Interesting that someone who AFAICS has never contributed anything to this extremely quiet thread feels entitled to have a go about one stock idea in the very same sector.

You might think he'd be grateful for the info given the success those of us who've been here for a while have had with IMO :o))

[thefartingcommie] 29/8/2018 17:18

why dont you guys start a separate thread for your new found pet?

....or go to a chat room eh?