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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Inditherm | IDM | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 4.625 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 4.625 |
| Top Posts |
|---|
Posted at 26/5/2015 16:58 by lfc4ever aye... but if IDM on its own faced running down the cash pile over a few years without turning a profit.... |
Posted at 26/5/2015 15:52 by sworddancer I suppose it is a distressed sale so as IDM shareholders we can expect to lose out but it appears to be a real bargain for the Inspiration Health Ltd shareholders who in a reverse takeover are getting AIM status, tax relief on the losses, the opportunity for cost savings and a chunk of cash for relatively little dilution. |
Posted at 26/5/2015 12:14 by lfc4ever if one takes a more optimistic view,suppose Inspiration's EBITDA increases to £1m pa for y/e Jan 2016. suppose due to economies the IDM business is a net contributor of say £0.2 pa. Give it a pe of 20 because of the growth story. that would suggest a post consolidation share price of about 80p. 8p pre-consolidation. anyway. it all sounds much more promising than just burning our way through the 1m cash pile, which, i fear, was all that was going to happen over the next 3 years with IDM as a standalone outfit. |
Posted at 26/5/2015 11:33 by fft Lfc, Good starting place. A value of 2.2p per share should be an undershoot as nearly all idm hq/central costs should be eliminated. IDM is so small that there is no need for any overlap of functions, or cost centres. The selling side could probably be mostly rationalised away as the new company will have people in the same area who can take over what are very small deals.I havn't got idm accts in front of me as I write this, but it should be a 600k - 800k add on. |
Posted at 26/5/2015 10:29 by lfc4ever so, instead of owning 100% of a loss making company, with no growth, valued basically at cash this morning, current IDM holders will own 16.7% of the new company.Fag packet calcs: taking the y/e 31/1/15 figures, adjusted EBITDA was £0.8m. let's say an IDM loss of 0.2m to come off that. about 31m shares in the entity = EBITDA of about 1.9p per share? p/e 10 = 19p Say cash of about £1m, worth about 3.2p per share post consolidation. fair value post consolidation of about 22p per share. Therefore pre-consolidation value of 2.2p per IDM share? What am I missing? |
Posted at 29/4/2015 15:42 by glyn10 This is a thread realting to IDM not about your views on Mello. If you want to set up your own thread about Mello be my guest. |
Posted at 16/4/2015 11:06 by yasx Extrader,Do you have any input re IDM? No, thought not. Thus, I see no reason for you to appear here. It is clear you are a two bit supporter of Mello events and seek to dissuade me from criticising these woeful events - go and sell your tickets elsewhere and stop following me around. In goes the boot. |
Posted at 16/4/2015 10:54 by extrader Hi yasX,These Mello events are plugged on a different website. I urge readers to get the word out that they are overly promotional offerings not helpful to any novice investor and I would like someone to attend the Mello event and ask the 'promoter' to justify his one billion market cap.....and to advise the idiots attending that they will be lured into the next Inditherm. Rather than pontificate on 2 x minority interest boards (this and Tethys TPL seem, from a cursory review, to be the only boards you post on) you might consider either posting on a more popular site - to get your 'health warning' out more effectively......or even pitch up at one of the free Mello events and make your case directly. If you've got the courage of your convictions, that is : (anonymous) talk is cheap.... ATB Discl.: Not / never an IDM holder, tenuous connection to some of the IDM employees |
Posted at 07/7/2014 13:08 by fugwit Hello Martin, Tricky Question, firstly I see no forecast for 2014 so would be interested in where you took that figure from. That aside there was the good old '....we anticipate income to be biased towards the second half' in the prelim outlook which given any other firm I would expect to lead to a FY PW, but IDM do seem to have a habit of presenting a glass half empty view of things. Also we know 2013 Rev was bouyed by slippage out of 2012 so I am expecting less than 23% topline growth this year. I do expect greater than 20% export growth over the next few years with the caveat that it may be run rate growth by year end and not full year. Also I particularly like the managed service element that is being introduced, not least as it should help smooth rev lumpiness but because the NHS can claim VAT back on this basis. Clear as mud then. Honestly I do not know, I am prepared to wait a while longer as I am happy with the post 'industrial' focus and balance sheet strength if it doesn't happen this year. I would not be surprised however to see the for sale sign to go up eventually if management are not able to drive the firm to profit. I believe the IP here is valuable and there would be suitors. If that were to happen it would be a shame but I am reasonably confident it would happen at a price considerably north of here. I have been happy to add at recent levels but am also prepared for a long wait if needs be. Long and short; I have no idea but my fingers are crossed. Edit: sorry about the messing around with figures, advfn does not seem to like the greater than less than symbols and deletes the content between them. |
Posted at 22/5/2014 08:54 by lfc4ever IDM is and always has been an incredibly illiquid stock. very hard to buy/ sell in any volume. The volume recently had not been large, but it has been mostly on the sell side. not surprising therefore that there has been a ludicrous over-reaction in the share price. It offers an obvious buying opportunity, and at a hint of good news the share price will rise just as rapidly. I see IDM as being a relatively safe bet at the moment. Breaking even, and with cash in the bank, it is pretty secure. The product is heavily endorsed by NICE. It will not take a huge pick up in sales for it to be turning a tidy profit, and see the share price rapidly back in the teens. It is a long term game. |
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