Instem Share Discussion Threads

[washbrook] 11/6/2003 08:23

Gone xd today 2p dividend suprised it is not down 2p at the opening.

[lesk] 02/6/2003 21:28

carry on like this and I might even get back to breakeven....46p LOL!!!

[azalea] 02/6/2003 20:48

If you get lonely you know where we are.

Some useful 'buys' today - which should push the price up significantly at this rate.

[ydderf] 31/5/2003 21:21

you will find me mainly at citybull in future my friends....

[azalea] 31/5/2003 07:59

YdderF - all the way to the bank!

[washbrook] 30/5/2003 15:27

I subscribed to the I.C for 20 years .
The share tips did not perform very well at the start of a bear market and towards the bottom which is understandable.
But coming out of a bear market they did very well. I had lists pre computer days. I got rid of them.
The I.C in my opinion is not as good these days when Wilmot was the editor,they once had lots of pages devoted to small company shares.
Small company shares use to outperform the broader market, I remember a Small Company Investment Trust 'MOORGATE.I.T had a very high rating but fell by the wayside about 1997.
My portfolio is nearly all small company shares the biggest is mca and but.

[penpont] 30/5/2003 14:51

Wouldn't necessarily worry about the IC tip - believe it or not their small cap tips often do quite well.

This one moves even on low vol so I'm hoping there's a further rise early next week, as often happens with IC tips once readers get their copies over the weekend.

[wirralowl] 30/5/2003 14:42

Thanks washbrook & penpont - hope the IC tip doesn't work its usual magic - though the reaction today is excellent. Really like this company - they've a nice reliable income stream - with good potential for growth, and of course the dividend is superb.

[washbrook] 30/5/2003 11:27

30.05.03 :IC say buy (31p) - BULL POINTS Strong balance sheet - Chunky dividend yield - Growth in outsourcing - Scope for overseas expansion BEAR POINTS First-half trading may dip - Profit margins are tight:- Infast is involved mainly in distributing industrial fasteners and similar components. As customers seek to concentrate on the things that they do best, the provision of parts is more and more becoming a process that lends itself well to outsourcing. Infast has a 20 per cent share of the UK fastener market, but a tiny share in the US, where the market is worth £6.5bn a year, and in Europe, a market valued at £7bn. Infast's shares are rated below the average for the support services sector even though demand for its services is expanding. About 90 per cent of the current-year forecast is already contracted, so City analysts' expectations for 2003 profits should be more than usually reliable. If these forecasts are met, the shares trade on 10 times 2003 earnings with a near 7 per cent dividend yield.

[penpont] 30/5/2003 07:41

One of the main buy tips in todays IC, with following conclusion:

'Infast's shares are rated below the average for the support services sector even though demand for its services is expanding. About 90 per cent of the current-year forecast is already contracted, so City analysts' expectations for 2003 profits should be more than usually reliable.

Assuming these forecasts are met, the shares trade on 10 times 2003 earnings. Add in the near 7 per cent dividend yield, and the shares are a buy.'

[azalea] 29/5/2003 18:39

The results of AGM seemed quite up beat, despite tough mkt conditions.

News that the very strong euro is causing such a problem for German car manufacturers (and presumeably elsewhere in the EU) that production could well be shifted to the U.S.A. must be good news for Infast owned companies in the latter country. Equally, EU suppliers competing with Infast to supply producers not just in the EU but also in the rest of the world must be loosing orders there as well. This combined effect must IMHO show through eventually in Infast's order book and an increased profits forecast.

[washbrook] 03/5/2003 18:06

Holdings in company:-
Directors
Timcombe 0.087%
Kimber 0.25%
Sternick 1.4%
Bruce 0.039%
Parker 0.026%
EX director JP Moulton 8.5%
Hambro Cap Man 21%
UBS 15%
Artemis 7.4%
Platinum IT 4.8%
Electra IT 3.2%

[azalea] 03/5/2003 17:23

Watching share prices in other companies (without the profits, yld and prospects of INS) rising seemingly on anticipations only, I expect the mkt and investors to latch on to INS in the near term and start buying before the Interims.

[washbrook] 02/5/2003 16:16

Join the gang today, looks cheap to me.

[azalea] 29/3/2003 19:23

Penpoint,
I am very emcouraged by the directors' buying you mentioned.

On 03-05-02, Old Mutal forecast 2002 Ptx 5m EPS 3.4p DPS 2p
2003 Ptx 9m EPs 5.8p DPS 2.4p

As long as they keep heading in the right direction I shall remain quite happy to hold.

[penpont] 27/3/2003 21:45

Results were actually in line with recent housebrokers forecast as below:

Williams de Broe (Birmingham) 03-01-03 None 4.60 2.80 2.00 5.80 3.50 2.00

I know there was a higher (and fairly out of date) forecast, the expectation of which may have caused the sharp dip in price at the outset today.

Three directors buying reasonable holdings today - and at prices towards the top end of the days range - looks encouraging.

The yield (7.4% at the present offer) plus the overall positive statement make me inclined to add some more to my holding if they drift back.

Any corporate action would obviously be an added bonus.

[azalea] 27/3/2003 20:39

Share price all over the shop as were the trades on today's results. Nice to see the price end up positive after initially falling 10%. The results were well below several brokers forecasts, but then hey, what do they know. That said, there appears to be a good recovery in progress, how many companies can say that in these torrid market times. Nice 2p div whilst I wait for an eventual corporate move -J O Hambro holding 26.4% and UBS Asset Man - 15%(last time I checked). Equally interesting is the recent 7.35% stake taken by hot shot Artemis!

[andyeds] 18/3/2003 19:11

to all,

have i missed something here, why the recent drop?

have UBS been dumping? if so, why?

regards
andy

[sugarbeast] 06/3/2003 00:40

or the other way round!

[ignoble] 06/3/2003 00:35

When a woman asks you "Is it in yet?"

[sugarbeast] 06/3/2003 00:32

that one doesn't really hit the mark,mick!

[mick p] 06/3/2003 00:30

oxygen thief..............