Intechnology Share Discussion Threads

[pbracken] 21/4/2005 11:47

I use Proquote - the upgrade is not showing on advfn. But it refers to the qualities of Wilkie and the fact that ITO is likely to 'benefit from a recent sales drive'.

The share price is bombed out; strongly advise against selling now, stop; but hell, what do I know!

[stopaloss] 21/4/2005 11:33

pb

Just checked the share price again. Still in and hoping they pick up a bit to help me stay in.

edit : where did you see the dresdner upgrade?

[pbracken] 21/4/2005 11:09

Did you sell, stop? Upgrade by Dresdner is encouraging; I think I agree with them that this is the trough in the share price

edit: notice that the mms have marked the stock better since your post.

[stopaloss] 21/4/2005 10:24

pb

I agree about Wilkie, that seems to be a positive move. Down 2p again though. Any further drop and I'm out again until some positive news is released.

[pbracken] 21/4/2005 07:29

Well, the trading update is out; very short, but seems OK on the whole - though it will be interesting to see how the mkt reacts to departure of the CEO. I think it's a good thing, especially as Wilkie taking over again.

Any weakness and I am a buyer.

[pbracken] 20/4/2005 14:08

Perhaps tomorrow! Those large delayed transactions don't inspire confidence - they were executed at 40p.

[stopaloss] 20/4/2005 13:32

Yes, was in early last year and sold in May for a small profit. Just bought back in a few weeks ago at 53p after the 'profits warning'. I heard that they were due to announce some partnerships with a number of IT vendors including IBM in the near future. Was expecting an announcement by now though .....

[pbracken] 20/4/2005 12:48

No, stopaloss, just a pre-close trading update; do you hold any shares?

[stopaloss] 19/4/2005 13:48

pb

Is that when the results are due?

[pbracken] 19/4/2005 11:33

Further pullback following revenue warning from Morse. Will ITO similarly disappoint? We'll know in a few days.

[pbracken] 11/2/2005 16:35

Seems like someone else agrees - 100K purchase (T trade @ 54p). Intersting times!

[pbracken] 11/2/2005 13:41

Share price seems to have stabilised around the 50-55p level - and all of the technical indicators suggest a recovery to 60-65p; thereafter, everything will depend on the pre-close guidance (in early April), which is likely to offer reassurances on revenue growth and contracts for managed services.

Excellent recovery play at these levels, in my view.

[pbracken] 07/2/2005 13:02

CEO reckons the share price is way out of synch with the value of the business (no surprise there!). He has a point though.

[luchan] 07/2/2005 10:33

Could be a good buying oppotunity as now at a healthy discount to the NAV.

luchan.

[beckaroo] 21/1/2005 08:03

Good job the directors sold 3.5 million worth of shares at the end of November. How can these say that the specialist distribution business is not doing as well when Fayrewood which operates part of their business in the same area has just announced that profits will exceed expectations?

[pbracken] 24/12/2004 11:56

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.

[pbracken] 25/11/2004 09:39

Haven't been here for a while, paddyp so perhaps you've discovered the answer to your question. I think what caused the fall was the unexpected rise in debt and pricing pressures caused by some major vendor.

Today's fall is a reaction to news of directors selling shares - a few punters have followed suit and mms are taking advantage of ITO's status as an illiquid stock.

Of course, it is clear that institutions mopped-up the directors' shares (at the then mid price) which provides me, at least, with some reassurance.

ITO has the potential to leverage enormous earnings growth; it's just that presently, the market is pricing in some delay (and therefore risk) to that outcome.

If you can buy and hold this stock, the chances are good that it will reward you handsomely.

[paddyp1672] 29/10/2004 13:16

What the hell caused that drop this morning? Over 5%!!!

Seems to be climbing back now thankfully.

[pbracken] 14/10/2004 10:39

It's taken a while to get there, but high 80s pence has been reached.

[pbracken] 19/8/2004 10:30

Long term trend line points to a substantial rise over the coming months, which will see the share's rsi breach 95%. High tides on the DOW will add to near-term momentum and take ITO to mid 80s, perhaps higher. MMs have no stock and will push it on until they get it, IMO.

[beckaroo] 01/8/2004 17:31

Surprised by the fall recently but then I suppose it a low liquid share and as is the case at the moment if people don't get news every day they sell. News should be coming next week as i believe its the AGM one day. I am expecting good news on the Managed services side as I am sure the contracts will be over 65 million which means it will finally be in profit. From all I can gather by searching the web this side is growing rapidly and more and more public sector areas and also private companies are using it. I think they already had more than 65 million in contracts at the results date but wanted to keep this good news for the AGM..

[din007] 21/6/2004 08:55

LONDON (AFX) -

Shares in InTechnology ticked firmer in response to the
acquisition of the NetConnect Training business from Netstore for a cash
consideration of 900,000 stg, plus a further 100,000 stg of deferred cash
consideration dependent on the company's performance over the next 12 months.
Intechnology shares were 2-1/2 pence up at 86-1/2 by 8.05 am.
fjb/ak

[din007] 21/6/2004 08:50

LONDON (AFX) -

InTechnology PLC, which provides data storage, security and
network services, said it has bought the NetConnect security training business
from Netstore PLC for 900,000 stg plus a further 100,000 stg of deferred cash
depending on its performance over the next 12 months.
bam