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ITO Intechnology

24.00
0.00 (0.00%)
20 May 2024 - Closed
Delayed by 15 minutes
Intechnology Investors - ITO

Intechnology Investors - ITO

Share Name Share Symbol Market Stock Type
Intechnology ITO London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 24.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
24.00 24.00
more quote information »

Top Investor Posts

Top Posts
Posted at 06/11/2007 08:44 by pbracken
You can stay with the company, SundayT, as a shareholder in a private company. The premium is the sweetner for those who choose not to. Wilkinson will argue that the share price will stagnate if ITO remains a PLC, but will flourish if it is delisted. I gather that investors will be given 'windows' (every six months) to sell their shares following delisting.
Posted at 21/9/2006 08:27 by philjeans
PB- purely by chance! Noticed the 5 year graph and did some research.

I honestly believe this is an undiscovered gem and would appeal to many investors if we could bring it to their attention.

May start a new thread if I can find the time!
Posted at 26/1/2006 18:08 by pbracken
Thanks for your comments thailand - it's been a bit of a desert island here for a while...

I agree with your comments re Wilkinson, as you might have gathered - which is why I am slightly surprised how few investors have taken advantage of the current weakness in the share price

Could you provide me with the sun microsystems links by any chance? I was a bit concerned when I heard about the loss of the BT contract, but gather it was worth sod all anyway.
Posted at 24/12/2004 11:56 by pbracken
Remarkable how such an interesting company like ITO attracts so little attention, whilst others (like the highly volatile oil exploration companies) have legions of followers.

Question for investors is, have ITO turned the corner (and will soon start to generate cash in wads), or is there another sting in the tail, perhaps in response to margin pressures?

Wilkinson, I have to admit, is running out of time; either he delivers next trading update - or the market will toast the share price

But, once it does turn - if it hasn't already - the earnings leverage of this company will make it a stunning investment.
Posted at 20/1/2004 14:29 by ftsefetish
Store away InTechnology

Last week InTechnology (73p), the data technology company chaired by Peter Wilkinson, the co-founder of Freeserve, posted an upbeat tradings tatement. He announced that strong demand for storage hardware and software had led to a record quarter for its core storage division. Charles Cameron, thec hief executive of InTechnology, is now confident of "a solid outcome for the full year".

Cyclical by nature, the data storage market has proved a volatile sector for investors, but analysts are now predicting an upturn in the second half of 2004. In a note to clients last week, Panmure Gordon claimed that InTechnology has "turned a significant corner". Buy.

Copied from Telegraph website.
Posted at 31/3/2002 19:35 by charlie
Thanks for the link. I have read the Citywire article and I think the young lady has no clue. This part made me laugh....

"The biggest problem for investors is that Peter Wilkinson, among other things the inventor of Freeserve, knows a good thing when he sees it and is currently jealously guarding his 57.5% stake in InTechnology."

So that's why shares were sold by a retiring director at 75p last summer when the market price was 225p.

A more significant passage is this one....

"Although Wilkinson thinks the market is ‘awful’ at the moment and showing little sign of a turn round, storage and backup do tend to be pretty recession-proof."

...where the part after the comma seems a non-sequitur. If it's recession-proof, why does he need to say the market is 'awful'?

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