Informa Share Discussion Threads

[the_doctor] 30/6/2009 12:28

25cent - re there any companies that arent saying that sort of thing?!

[25cent] 30/6/2009 11:43

Well granted not an actual profits warning but that's the nearest thing you will get to a warning without spelling it out in black and white!


"Across our Events and Training Division we have pro-actively continued to reduce
volume to protect profitability in the face of weak demand. As a consequence, in
the first six months of the year organic revenues will be considerably lower
than in the same period last year. Despite this, the high variable cost base
will mean that the impact on adjusted operating profit margin will be limited."



"Our reported results will benefit from the strength of the US$ and the Euro
relative to 2008 levels, although the recent strengthening of sterling, if
maintained, will inevitably reduce the positive impact in the balance of the
year."

[the_doctor] 23/6/2009 11:52

25cent yes. And analysts will have altered forecasts to fit the change in exchange rates, so no likelihood of a profit warning due to that.

[broadgreen] 23/6/2009 11:51

They have dropped the dividend, in the sense of cut it. If you mean they should abandon it altogether that's another issue but I can't think it would be accepted by institutions who supported the rights issue. I wouldn't much like it either.

[25cent] 23/6/2009 08:36

Doc it was the weak pound that proped up the last figures.

[the_doctor] 22/6/2009 16:39

If revenue is on target, exchange rates will be factored into consensus estimates.

Is it known what the banking covenants are?

Now they've got the placing done, they should drop the dividend and concentrate on paying off the loan IMO.

[25cent] 22/6/2009 15:44

Doc its just logic really the same logic I used to predict the placing 3 months in advance when everyone was shouting me down.
The strengthening pound situation against the dollar since the last update dramatically affects this company and I personally think that this will trigger a profits warning!

[kenmill] 22/6/2009 09:27

Trading update due this Friday - so not long to wait

[the_doctor] 20/6/2009 12:40

25cent, ever thought of going by financial results, not just a chart?!

[25cent] 19/6/2009 08:28

Slow long death at inf.
Now looking very very sick and i am 100% sure a warning is not far away now.

[25cent] 05/6/2009 17:31

Yes Ken it came back after a weak start so maybe.

[kenmill] 05/6/2009 12:26

Looks like the seller may have finished for now

[25cent] 05/6/2009 08:23

Yet again fails to bounce on a large ftse250 gain day after getting smashed all week, i smell something is on its way regrading the profits forcast.

[kenmill] 04/6/2009 16:36

Hell of a leak if you're right. There seems to be a pattern developing each day where the price gets hit heavily and then a gradual recovery which never makes it back to the starting point. Either an institution(s) drip feeding the market or shorters returning - time will tell.

[25cent] 04/6/2009 11:23

Something not quite right about this, lumps falling off it everyday.
Now the fundings done can we expect the profits warning now the pound is higher against the $?

[kenmill] 04/6/2009 08:10

I think there is going to be a general pull back in the market for the next few weeks and there is no good reason to buy INF (or much else) in the short term.

[loryd] 03/6/2009 16:37

Not too sure why, other than the core problem of offering too many products that can be cut by companies. I still think the small rights issue didn't help. They are a bit short of solutions if business gets really difficult other than asset sales.

[25cent] 03/6/2009 15:03

This now firmly on the back foot! looks very weak.

[kenmill] 13/5/2009 17:34

Typo 56
Perhaps I should have said "some" selling rather than "selling". No specific reason relating to the nil paid - just easier to sell the nil paid - some holders don't want to hold more INF, prospects for the short term not brilliant, general sentiment, cash flow etc.

[25cent] 13/5/2009 10:59

Inf as always drops like a stone the first time the market heads down.

[typo56] 12/5/2009 15:50

Why bound to be selling of the nil paid?

Until tomorrow they will effectively track about 154p below INF, perhaps slightly above to reflect the gearing advantage in trading INFN. From tomorrow the differential should be about 150p.

[25cent] 12/5/2009 09:43

Ftse250 flying today.

[pckrowe] 12/5/2009 08:18

Thanks - for good or ill I sold the rights yesterday.

[kenmill] 11/5/2009 17:48

I agree - the market has gone too far in the short term - plenty of pain still to come in the economy. Also bound to be selling of the nil paid, as 25 cent suggested there would be. Not the right climate to be overweight in anything yet.
pckrowe
The shares will mark time/drop in the short term - depends what your timeline is. I am taking mine up but I am a long term holder of these. If you take a shorter view and you already have a big holding you may want to sell some/all of the nil paid.

[typo56] 11/5/2009 13:30

FTSE250 is getting hammered in general. It's not unexpected really, given the run we've had.