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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Interbulk Grp | INB | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 8.875 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 8.875 | 8.875 |
| Top Posts |
|---|
Posted at 23/12/2014 15:34 by davydoo Paul Scott's excellent small cap report covered INB todayhxxp://www.stockoped he speculates about fundraising to repair the balance sheet which is reasonable, but as far as I am concerned that was already done by Sintotrans joining the party in 2011. The debt, repayment schedule and interest rates are all considerably improved since then, yet share price is at a similar level. |
Posted at 19/12/2013 16:32 by davydoo Im no technical analyst or chartist but im always curious. INB has a five year pattern of spiking up then crumbling down, but each time with a higher low. Yesterdays news and fall didnt quite break that pattern.I did well when Sinotrans came in at 11p, and I think the company is stronger now than then, largely because of their cash injection enabling a better negotiation with the banks. Its an ugly balance sheet, but its improving quickly. |
Posted at 22/10/2013 08:54 by jeff h Trading Update was a disappointment....noUK-Analyst comment:- Logistic specialist Interbulk (INB) conceded that operating profit will be below market expectations for the year ended 30th September. Interbulk attributed this to the slower than planned recovery within its Dry Bulk operations as well as the continued level of investment over the period. The firm's Dry Bulk business was adversely affected by the "weakness" of the European polymer market. Westhouse Securities was quick to act on the profit warning and cut its target price on the shares from 9p to 8.5p, re-iterating its "add" recommendation in the process. The shares were down by 0.75p at 6.625p. |
Posted at 29/8/2013 09:34 by jeff h I've been buying here recently.Prospects for the Eurozone which is very important to INB seem to be picking up. I might be too early in buying now but prospects seem to be improving. |
Posted at 09/10/2012 13:06 by azalea Since the pre-close statement 8/10/2012, the share price has move up on two consecutive days.On the 19/5/2011, INB placed 165m shares with Sinotrans(HK)Logisti |
Posted at 02/5/2012 11:34 by azalea Very much under the radar of PI, however I expect there will be a stream of good news on the contracts front, as its European industry standard 'bag-in-box' technology for the bulk movement of polymer, makes its impact. Very confident of INB proving a winner in the next 18 months. |
Posted at 01/5/2012 08:02 by azalea Today's rns is very good news for INB, with long term implications. In addition to the 10 year contract, is the particularly exciting statement that the 'bag-in-box' technology developed by INB, has now been adopted as industry standard for the bulk movement of polymer in Europe. The future looks bright indeed. |
Posted at 27/3/2012 21:36 by azalea I think the news released 9/2/12 on the refurbishment programme was very significant in telling us where INB is going in its drive to capture a stake in the huge Far East market. The size of the accumulative major holdings are such that even a modest purchase puts pressure on what's left in freefloat. |
Posted at 17/2/2012 11:44 by the big fella I had a word with our small cap fundy who has the ear of the company. The shares around at present are from a former employee. From what he gathered they had a few 100k's which they were shifting.In response to the debt financing question raised earlier. Back in 2008 they were looking to refinace. Terrible timing and most thought INB would go bust. The mezzanine financing taken out was expensive but that kind of Private Equity deal was all that was available. So back in 08 these were a high risk punt at best. But a few years on the position has improved dramatically. We all know Sinotrans paid 11p a share for 35% last year. This paid down debt and offered them an inside route to growth in the massive Far Eastern markets. This should drive growth 15 - 20% pa for the next few years at least. But we also have major European players such as Atorka, Hoyer, Norbert with significant stakes. These are lowly rated, for a stock that should grow 15 - 20% per annum over the next few years. Transport sector PE of 12 would seem undemanding, and in a couple of years could see these somewhere near 30p. Mind you Sinotrans may come knocking before then. |
Posted at 16/2/2012 16:52 by glasshalfull So that was you davydoo ;-)I've been waiting for opportunity to add a few, now that I've had time to give INB a better look. Seeing that your 30k trade prompted a rise in the offer I took a few at 6.42p...also showing as a sale. I'll now wait for confirmation that the chemical side of their operation has withstood or mitigated any weakness and operating margins have held up, but I agree with earlier posts that moot the Sinotrans deal was a game changer here. With Sinotrans having decent skin in the game the prospects for INB in the Far East Markets are exciting. Have to say that prior to Sinotrans placing I wouldn't have invested given the debt position, but the 11p placing and 23% reduction in net debt last year has greatly reduced risk here and they look good value in comparison to peers. Regards, GHF |
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