Imimobile Share Discussion Threads

[rivaldo] 04/4/2019 07:19

Excellent year end trading update ahead of expectations.....EBITDA is over 30% ahead of last year:



Great cash conversion at 90%. And the outlook couldn't be better:

"We enter the new trading year with strong momentum and are confident in delivering continued organic growth across all parts of the business."

[chasbas] 20/3/2019 15:00

Wow! Salesforce announcement must be exciting as an accelerator of the company's US business over the next few years. IMO's association with Salesforce should not be underestimated, as Salesforce is one of the very best US technology companies.
All my opinion of course but this is very strong validation of IMO's business strategy and ability to execute with enterprises etc at the highest level.

[harry rags] 20/3/2019 12:16

No surprise that there is a little profit taking but I expect this to continue its upward trend Harry

[aishah] 19/3/2019 11:58

Very strong rebound here. Vishwanath Alluri's buy of 85k@213.88 at the end of Jan was well timed!

[mfhmfh] 18/3/2019 14:44

looks like all buys coming in today. 300p next stop then onto 350p hopefully.

[rivaldo] 18/3/2019 12:37

Cheers westofengland.

SCSW updated on IMO in their March'19 issue, and enough time has now passed to paste it here:

"IMImobile

(Sharewatch) A long standing overhang in IMImobile’s shares finally went with Gresham House picking up the slack and taking its interest from 6.1% to 9.9%. Well played to them - they were the ones who knocked the shares off their highs by reducing their holding from 14.5% last year.

Broker Panmure notes all geographies are performing well with healthy double digit organic growth with the exception of the Middle East & Africa (c.15% gross profit) where now that IMImobile has zeroed its Nigerian exposure, organic growth should pick up in the year starting April (Panmure expects >7%). At the same time, a new CEO has been appointed in the US market to consolidate the three mobile communication platform providers acquired in the past 18 months. Buy."

[westofengland] 15/3/2019 16:15

Rivaldo,

I think the only reason GHT sold was because IMO was such a large portion of the Trust's assets(over 50% from memory). It appears that Gresham House's new purchases were for a variety of clients demonstrating their continuing confidence in the IMO business.

Kind regards

[rivaldo] 15/3/2019 15:12

Continuing to bounce nicely....

[rivaldo] 08/3/2019 11:41

Been away on hols, but not at all surprised to see IMO recovering nicely.

I think that, as well as the recent market volatility, a few institutional and other investors were spooked by GHT's sell-down in autumn'18.

Which makes GHT's 22nd February RNS that they've increased their stake back to almost 10% (from just 6.1%) all the more interesting.

[czeck] 25/2/2019 12:20

A further 3 huge buys on Friday late afternoon (worth £1,406,250, £1,417,500 & £2,868,217 respectively).

[mfhmfh] 22/2/2019 10:48

Gresham House Asset Management Ltd up to 9.9%

[czeck] 21/2/2019 15:24

Rich Communication Service (RCS) has been widely anticipated as the evolution for SMS messaging to deliver rich customer experiences to today’s digitally savvy consumers. According to Mobilesquared, there will be 1.01bn people using RCS messaging across 168 mobile operators globally by the end of 2019. This is expected to grow to 3.23bn across 486 mobile operators by the end of 2023.

[czeck] 20/2/2019 17:23

Anyone else noticed the 2 huge buys for 1,350,000 shares each worth £2,970,000 late this afternoon?

[maddox] 11/2/2019 10:49

Hi rivaldo,

Yep, great news, the line I would highlight is:

"Healthcare Communications has performed at the top end of management expectations since acquisition, achieving over 30% year on year gross profit growth in the period to December 2018."

Regards, Maddox

[rivaldo] 11/2/2019 07:15

Very good news - £6m deferred consideration due on the high-performing Healthcare acquisition has been reduced to £2.5m payable immediately.....

[rivaldo] 01/2/2019 10:45

Excellent - Canaccord initiate coverage - they say Buy with a 310p target:

[mfhmfh] 29/1/2019 19:58

recovery continuing in the share price large volume today.

[mfhmfh] 25/1/2019 11:15

I can't buy any online

[evoque92] 25/1/2019 10:54

Big block trade just announced on BBG news - hopefully the sellers cleared...

[rivaldo] 25/1/2019 10:33

Yep, good to see the large director buy.

Large trades going through - almost 2.1m shares traded already today. Perhaps the clearance of an overhang responsible for the recent share price fall.

[mfhmfh] 25/1/2019 08:57

'IMImobile announces that it received notification on 24 January 2019 that Vishwanath Alluri, a Non-Executive Director of the Company, bought 85,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares") at a price of 213.88 pence per share.'

Over £180,000 worth of purchase by my calculations.