Share Name Share Symbol Market Type Share ISIN Share Description
Indigovision LSE:IND London Ordinary Share GB0032654534 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  +0.00p +0.00% 109.00p 0 05:30:35
Bid Price Offer Price High Price Low Price Open Price
108.00p 110.00p - - -
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 31.34 -2.08 -25.84 8.2

Indigovision (IND) Latest News

More Indigovision News
Indigovision Takeover Rumours

Indigovision (IND) Share Charts

1 Year Indigovision Chart

1 Year Indigovision Chart

1 Month Indigovision Chart

1 Month Indigovision Chart

Intraday Indigovision Chart

Intraday Indigovision Chart

Indigovision (IND) Discussions and Chat

Indigovision Forums and Chat

Date Time Title Posts
21/9/201808:28Indigovision- IP Video & Alarm Management3,975
18/1/201522:05IndigoVision - troll-free thread9,911
13/2/201316:02Worried About Paul Scott3
29/9/201017:39IndigoVision - Now the time to take profits?116
12/7/201009:18Indigovision - wankers-only thread9

Add a New Thread

Indigovision (IND) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type
View all Indigovision trades in real-time

Indigovision (IND) Top Chat Posts

Indigovision Daily Update: Indigovision is listed in the Software & Computer Services sector of the London Stock Exchange with ticker IND. The last closing price for Indigovision was 109p.
Indigovision has a 4 week average price of 105p and a 12 week average price of 97.50p.
The 1 year high share price is 202.50p while the 1 year low share price is currently 97.50p.
There are currently 7,513,518 shares in issue and the average daily traded volume is 8,128 shares. The market capitalisation of Indigovision is £8,189,734.62.
cjohn: It's precisely the fact that they have very decent gross margins, but are still loss-making, that puts me off this company… Such juicy margins attract in yet more competitors,.... The company is a multi-national tiddler and has the associated high costs of maintaining a physical presence (offices etc) in many many countries. So in spite of the juicy margins, they can't turn a profit. Very few - possibly - no clients actually need their high-end solutions. Cheaper producers turn out perfectly adequate alternatives - indeed, better products than could have been bought a few years back, given technology advances. having said all that, I did buy in the last couple of times the share price got into the low hundreds…..
dangersimpson2: Results as expected today, with H1 loss and on target for FY break even. I guess a few people were expecting something better based on the small number of sells. This should be the low point in terms of trading though. H2 will be profitable to give FY break even, and that combined with the reduced inventories & improved cash collection should see them generate FCF in H2. Still trading at a discount to net current asset value so any return to consistently profitable trading in FY19 would see a much higher share price. In the last 18 months directors, former directors, PDMR's and the company itself have bought a total of 3.1% of the equity at a weighted average of £1.77 per share. Now they are out of a close period I would expect them to keep buying at these levels if they can get the volume.
fillipe: Either way, a very welcome addition to the share register and going forward likely to have a positive influence on the IND share price. f
prop_joe: I wonder if a larger competitor will buy IND to drop their products and gross margin into their existing overhead structure. With IND trading below net asset value I would have thought this could be done at a reasonable premium to the current share price while still generating an attractive low risk return to the acquirer?
brwo349: horrible. What were they doing pushing the share price up with the buyback - they paid up to 273p.
varies: Are these results inconsistent with the trading update provided on 18 May ? I cannot see that they are and find the 20% fall in the share price surprising. Even so, I agree with the majority on this thread who find IND's performance uninspiring.
dangersimpson2: The results could be terrible but if they resume the buyback up to the share price level they have previously bought back at (and management have stated they believe undervalues the company) unless there are so many sellers they immediately exhaust the buyback we will see the share price rise in the short term anyway. It's the kind of punt that gives you your money back if you lose!
gengulphus: I've been tracking IV for a number of years and I remember when the founder and CEO, Oliver Vellacott, was ousted in Dec 2011, to be replaced by the CFO, Marcus Kneen. For those interested in history, here's a link: According to that article, OV was paid just under £200k a year and to quote the article direct, "Shares in the company hit a peak of around £10 in 2007, valuing it at £70m and giving Vellacott a stake worth about £17m, The company is currently worth £21m. Grossart said yesterday’s announcement was part of the process of a “small business growing up” and said it was “evolution not revolution”. If you look at a suitable chart;date2_year=2017&;ind_type1=0&ind_type2=0&ind_type3=0 you'll see that the share price reached a trough of under £2 in late 2011. I.e. the decline from that 2007 peak happened under Oliver Vellacott as CEO, not Marcus Kneen. And Oliver Vellacott basically ousted himself, essentially by attempting a management buy-out at a low price and failing to get support from fellow directors or shareholders. Doubtless not his intention, but that's the way his actions panned out, and it left him in an untenable position. (Also, if hypothetically he had succeeded and had gone on to preside over good company growth, we would only have seen that growth, not participated in it as shareholders...) Not defending Marcus Kneen's record - it's lacklustre to put it mildly (even taking the 113.5p/share dividends paid since he took over into account) - but contrasting it with Oliver Vellacott's last four years basically just shows how much worse it could have been! Gengulphus
puffintickler: JayKayTee Number of shares on market goes down so market cap per share goes up. Cash goes down (spent on those shares) so market cap should go down. Net effect is that market cap per share is unaffected so theoretically the share price will not change. exotic has explained why the share price has actually fallen.
gengulphus: I'd be surprised if they dont continue the buyback until the cash is exhausted. I'd be surprised if they did continue the buyback until the cash was exhausted. The buyback programme is for a maximum of 375k shares - at the current share price, those will cost under a million quid, and they had 6.2 million as of the final results! Of course, it might happen if the share price rose enough - in which case I would be both surprised and delighted! :-) One other thing to note is that with the price they pay to buy shares being limited to no more than 105% of the average market price in the preceding 5 trading days, they'll automatically be forced to pause any time that the market price jumps up significantly. For instance, it's no surprise that they haven't announced any shares actually being bought back yet, since the share price jumped up significantly merely on announcement of the buyback programme. Gengulphus
Indigovision share price data is direct from the London Stock Exchange
add chat code
Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:42 V: D:20180924 06:13:44