Intercede Share Discussion Threads

[aphrodites] 18/5/2010 07:38

WJC

Quite agree with your view.

The low level of the £ is making a number of UK companies look very attractive.

I hold Scotty shares which has also announced an approach today. Their share price has been cleverly engineered down to next to nothing.

IGP needs some active institutional holders to recognize this and to start to buy the shares in the market.

Unfortunately, we only have one of any worth and that paid 41p for its stake!

Katie needs to get her buying boots on and push the price up to 55p after which we could see a bid nearer £1.

40p is far too low down here.

[igoe104] 15/5/2010 12:42

Looks like its not as bad as it seems with a tory/lib government, thales have signed a long-term contract to 2014 so any cancellation of a contract will be very expensive for the government. anyway uk is one of many world-wide contracts igp are involved with.

[iicb] 11/5/2010 16:42

I appreciate all the good news the business has achieved, it was my reasons for buying in the first place, but we all know the share price doesn't do it justice.

So what is going to do it justice? I'm not convinced the upcoming results will do anything, as the update seemed to show a small disappointment.

I welcome the comments guys, I know I'm speaking out of frustration.

CB

[pyman] 11/5/2010 16:05

It is a bore eh?! but look at the results over the last 3 years. Prospects are very good/growth market/excellent relationships etc. It will buy out or be consumed soon is my guess. I just wish the contract flow was faster!

[outsider] 11/5/2010 00:53

Small companies have a habit of 'treading water' for long periods of time and then all of sudden it will get 'discovered' in some form by a wider audience and little buying has a significant effect often the majority of a years gains can be had in a 10 day period.......just need to be in when it happens.

[wjccghcc] 10/5/2010 23:38

With small companies, there is little institutional demand (though IGP now has Herald) so any sustained rerating depends on the crowd picking up on undervaluation. LO-Q basically went nowhere for 2008-9.

[iicb] 10/5/2010 19:52

I'm growing really bored of this share, doesn't do anything, no-ones buying it apart from me occasionally and foolishly I suspect.

Is it worth holding??? A tiddler share like Lo-Q has double in the past 6 months, this has done ZERO (in fact, it's gone down a bit).

I hold quite a few, but am getting very tempted to dump them all and put the money somewhere more useful. I've posted a similar comment to the ii board.

What's anyone think? I notice even the posting has dried up. Is our loyalty ever going to be rewarded?

iiCB

[rambutan2] 28/4/2010 10:50

a 35k buy on mon and a 25k one today have stopped the slippage and we are up on a down day - at least temporarily.

[felix99] 27/4/2010 06:15

unless Mgt sell it out on the cheap as they will be part of the new bid vehicle WJCCGHCC and shareholders never see the realisation of the real value of the business - thats my concern!

[wjccghcc] 26/4/2010 22:03

I also have no doubt they'll get a bid but it won't happen without management agreement. For that, the price would need to be north of 80p IMHO so it may take until next year's figures:-)

[iicb] 26/4/2010 13:51

I've just picked up 10k at 37 today.....

[rambutan2] 24/4/2010 22:08

the 4000 at 37p was my buy - too good an opp not to put some div cash to use.

[boadicea] 24/4/2010 21:44

I think the chances of a bid lie somewhere between the probable and the inevitable.
The only real question is "When?"

[iicb] 24/4/2010 19:59

One does wonder if a bid could be possible on this one....

iiCB

[boadicea] 20/4/2010 19:39

Is someone softening it up for an opportunistic bid?...
... or has someone (wrongly) got the idea this company is dependent on a UK id card?
Time to sit tight imho.

[iicb] 20/4/2010 19:32

One other thing, why do they keep the IGP so wide? It doesn't exactly encourage much trading on the shares does it as we see with the 0 or 1 trade per week. With the broker seemingly useless to lift the profile of the shares, and the MM just loving keeping the spread wide to stop people trading it. They are meant to make a market.

Hence, what is the point of this for IGP? Can anyone explain? I think I'm going to have words with IGP themselves and see what they think. We're wasting money paying for a broker who seems to do very little.

iiCB

[iicb] 20/4/2010 19:22

Interesting how we all awaited the court case resolution (and I refer to myself also here), then we get a bit of price action (negative sadly) and our opinions about the company start to change. Before the settlement of late which we all hoped for, we couldn't say enough good things about the business!

Funny how sentiment changes....

Although I fight my thoughts all the time, I would highly imagine I'll hoover up some more shares if they drop sub 30p which keeps being discussed. For all we know, Parris might have a nice deal under his sleeve to which we are not privvy yet.

iiCB

[aphrodites] 20/4/2010 17:52

Not sure Katie Potts will want to see the share price back to 30p and sitting on a 25% loss in a matter of weeks from the time she bought her 1m shares.

There is one way to prevent this happening and that is for her to mop up some of the loose stock that is around in the market.

But I did say here when she bought her 1m shares that the company broker needs to draw some other new institutions on board.

No sign of this or the company broker earning its fees.

It's a bit smelly and with someone hawking 100k shares around last week I am not at all surprised to see the price weak in the market.

This could easily hit 30p which looks like the next chart move.

And when it does lets see what Potts does then!!!

[wjccghcc] 20/4/2010 16:41

It's always been the case with IGP that MMs don't want to be long or short so the share price can be very susceptible to small volumes traded. Someone gets bored and sells and it's down 10% in a few days. Can work the other way as well.

IMHO if it gets below 35p, then it's crying out for an approach with the patent suit settled, 30% mkt cap in cash, a single digit PE and a global leading position in a growth industry. BAE or Lockheed must be interested. Of course, that doesn't help in the meantime...

[egoi] 20/4/2010 15:59

I don't get it with this share. Decent balance sheet with cash, forecast solid profits and the uncertainty that markets hate has been taken out of the equation, yet the chart appears to my admittedly untrained eye to have just hit a significant breakdown (12 month low).

D'oh!

[iicb] 20/4/2010 15:39

Nope, IGP is strangely starting to become a big of a dog share. Can't really believe I've just said that about my most promising share, but fact is fact and the price is falling, no-one is buying. Could see this rotting sub 30p at the rate we're going.

iiCB

[julianc35] 20/4/2010 15:22

Anyone any ideas as to how to stop the drift down to the 20's if we don't have some decent buying coming in or some big new contract announcement!

[wjccghcc] 19/4/2010 08:30

Revised forecasts are for (pre-excptnl) EPS of 2.9p for the year just ended and 5.3p for 2010/11. With the lumpiness of revenues, next year's figure should be taken cautiously but even so, a PE of 7 for the global leader in the sector is pretty measly.

The other thing to remember is that approx 20% of license fees are recurring and there should be very little churn of existing contracts. As Parris referred to in the trading statement, they should be buildiing a good stream of annuity income - hopefully they'll break it out in the finals.