ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

INB Interbulk Grp

8.875
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Interbulk Grp LSE:INB London Ordinary Share GB00B0X91T99 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 8.875 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 8.875 GBX

Interbulk Investments (INB) Latest News

Real-Time news about Interbulk Grp (London Stock Exchange): 0 recent articles

Interbulk Investments (INB) Discussions and Chat

Interbulk Investments Forums and Chat

Date Time Title Posts
11/5/201617:51Interbulk Investments Plc399
13/6/200815:53Small UK company BIG Chinese prospects?21
23/8/200712:41Time to buy Interbulk Inv2

Add a New Thread

Interbulk Investments (INB) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Interbulk Investments (INB) Top Chat Posts

Top Posts
Posted at 23/12/2015 14:00 by imnotspartacus
Hi All,

Wow at last I have a winner!! I was beginning to think I was jinxed, still think Hartogh are getting this company for a bargain price though. 230mil turnover, debt reduced by 7mil & in profit come on...I think the Dutch are pulling a fast one.

Imno
Posted at 23/12/2014 21:19 by rathkum
Seems like the analyst may have had a glass too many. 7.8p was their price target last year for the current year just ended with a EPS .67p.


Interbulk Group Plc (LON:INB)‘s stock had its “buy” rating reiterated by equities researchers at Westhouse Securities in a research report issued on Tuesday. They currently have a GBX 7.80 ($0.12) target price on the stock. Westhouse Securities’ price objective suggests a potential upside of 95.00% from the company’s current price.
Posted at 23/12/2014 15:34 by davydoo
Paul Scott's excellent small cap report covered INB today

hxxp://www.stockopedia.com/content/small-cap-value-report-23-dec-2014-tht-cbuy-itq-inb-89200/

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 30/9/2014 15:56 by davydoo
Its that small amount of shares in public hands that can move the share price 10% on the back of just 4 small trades not even worth £5,000
Posted at 01/7/2014 10:05 by davydoo
Koert Van Wissen owns 2,342,500 shares. About 0.5% of the company and about £111k at today's price. I wonder if he'll keep them?

I guess whatever he does he wont have to declare his actions anymore.

Therefore the amount considered in Public hands should increase from 14.59% to 15.09% and Koert Can Wissen will (for now) own about 3.4% of that.
Posted at 30/6/2014 11:43 by davydoo
From the annual accounts

'On 30 September 2009, 15,144,600 warrants were granted to the Bank of Scotland with an exercise price of 10p. During the year ended 30 September
2011, 3,028,920 of these warrants were cancelled resulting in 12,115,680 remaining in issue. The warrants are exercisable at any time in the 5 years
beginning 30 September 2009'

So that's about £1.2m and just over 5% of the company.

With the price at half that, unlikely to be exercised in the next 3 months, and therefore lapse presumably.

edit. 5% of the company value now, but I guess only about 2.5% if the share price was equal to the warrant price.
Posted at 07/5/2014 14:55 by rathkum
Some holder has been off loading going on for the past several weeks. No share purchase from the new CEO hardly inspires confidence.

Let's see what the interim results next month brings which I suspect will call for some sober reading. Wonder what game Sinotrans is playing here.
Posted at 03/1/2014 16:59 by davydoo
Interesting that the price fall after the results saw virtually no volume to confirm it. (although it was the quiet holiday perdiod)

Also curious to see the price rise today when it was mostly sales.
Posted at 27/12/2013 17:48 by emmandell
Yes you're quite right Davydoo, my brush with Interbulk was some time ago.
Incorporated as Interbulk Investments plc on 8/12/04 and admitted to the AIM market the same month with a Prospectus issued on 6th Jan, I purchased two tranches, each at 4.44p, in Jan and Feb 05 (with hindsight I paid over the odds).
In mid 2005 the share price ranged from 2.5p - 5.25p, after which the shares were suspended until March'06 when Interbulk raised more capital and simultaneously undertook a 1-for-10 consolidation of the shares. The consolidated share value should thus have been about 44.4p, but with dilution the price fell rapidly to below 30p.
[Rathkum please note – you probably overlooked the share consolidation. The early discussion forums at the time highlight the general dissatisfaction among shareholders with this shell company's performance. For example see Forum discussion items 01/02/06 through March 06 re consolidation
[...]
Or later on the same forum:
[...]
By mid-2006 the share price was at 26p, falling to 21p in April'07, and 12p in Aug'07. I sold in Sep 07 at 11.78p (i.e. the drop from 44.44p to 11.78p is 73.5%).
I've taken only the occasional interest in Interbulk's performance since selling. The shares have a large spread and are illiquid with a very volatile price. Your approach davydoo suggests that you are managing to sell on the highs and rebuy on the lows, and with the right timing is the only way to make money from these shares, especially as there are no dividends. It seems very risky to me though, with decent price rises roughly a year apart and I can't see it paying off if you stay invested long-term. There are more reliable companies around with a high beta. Interbulk appear to be struggling at the moment as do Sinotrans. A bit of research on the directors of the company would reveal their track record, good for them perhaps but not their shareholders. As I recall I put my Interbulk sale proceeds towards Air Partner and Tate & Lyle, both of which have shown a total return equivalent to 12%pa compound interest. Had I stayed in Interbulk I'd be down to 5.5p at the moment, having further halved my 'get-out' price.
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.
Interbulk Investments share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock