Intercede Share Discussion Threads

[igoe104] 06/7/2011 08:37

Just had a look at the plus market trades and it looks like katie potts has got this share going again.

30/06/2011 16:23 150,000 @ 72.00

[aphrodites] 04/7/2011 12:22

And maybe the CEO has read the posts here and has an order in to buy a bit of stock!!!!! :0)

One thing is certain, the messy seller is as reclusive as a seller as he is obvious as a buyer!!!!!!!

But it does go to show how quickly this price recovers on any sort of demand.

Dangerous to be out when contract announcements are in the pipe-line.

You will never be able to get back in.

[felix99] 04/7/2011 09:26

Reckon Ms Potts and another Inst perhaps have given up trying to pick up stock cheap in the market and have some nice buy orders sitting there behind the scenes to be worked.

MM's appear to be very reluctant to sell any stock they have to the privates whilst they try and work them.

Hey ho just need a nice contract and this could be £1 in a flash which is where it should be currently imho

[felix99] 30/6/2011 15:01

lol all of a sudden MM's are now desperate for stock. Bidding for 75k on line and offering a measly 2.5k

lololol

[aphrodites] 28/6/2011 14:20

FELIX

I am not prepared to play games with the MM's.

Every time I put a bid on for 50k or 25k they come back to offer stock a penny higher than my bid price.

They know what the liquidity of this share is like and as you say you couldn't sell!

So when they get a bid in any size they should hit it, not try to offer stock a penny higher.

As soon as 50k was offered to me at 69p this morning I dropped my bid to 67p. In fact I tried to sell a few myself afterwards to ease the price down still further.

There will come a time shortly when the stock looks very cheap but I hope IGP will not be buying!!!!!!!!!!!

Two can play at these games.

[felix99] 28/6/2011 06:35

Nice Aphrodites . Been golfing all weekend and won our captains prize over two days. 2 under for last 4 helped and dropped my handicap ! Sorry for off topic .

On topic - seems stock around is it just stock from pi,s over last week or someone else? Mad to sell but hey ho

[aphrodites] 27/6/2011 23:52

Thanks WJC and Looby for your replies.

Having just returned from a golf trip to Ireland I found my computer was playing up and I was unable to get into IGP's website to look at the Annual Report.

[looby loo] 27/6/2011 14:19

This company is starting to attract the attention of the various investment publications. I thought that article on Aimzine was excellent. (See #2758) It's certainly by far the most comprehensive article I've ever read about the company. Well done Aimzine!

It's just a matter of time before other publications follow suit. But I don't know how the MMs are going to meet new investors' demands, when there's no stock out there. None of the major shareholders are going to give up any of theirs' ....

[looby loo] 27/6/2011 14:16

Aphro, Just to add to WJCC's reply; Each year in the Annual Report, under "Notice of Annual General Meeting" they have an item under the "Special Business" Section that answers your question. ;o)

From Page 32 of the 2010 Annual Report:

"7. THAT, in accordance with article 10 of the Company's articles of association and the Act, the Company is generally and unconditionally authorised to make market purchases (within the meaning of section 693 of the Act) of ordinary shares of 1 pence each in the capital of the Company (Ordinary Shares) on such terms and in such manner as the Directors of the Company may determine provided that:

(A) the maximum number of Ordinary Shares that may be purchased under this authority is £48,000.00 (being approximately 10% of issued ordinary share capital);"

[wjccghcc] 27/6/2011 12:49

APHRODITES

Yes. They can make market purchases up to 10%.

[rambutan2] 27/6/2011 11:10

A small group of Internet security specialists gathered in Singapore this week to start up a global system to make e-mail and e-commerce more secure, end the proliferation of passwords and raise the bar significantly for Internet scam artists, spies and troublemakers...

[aphrodites] 27/6/2011 08:15

WJC

Remind me, has the Board received permission to buy its own shares back?

I am sure it has, otherwise it would not have purchased those staff shares.

If, as you state, the CEO is concerned about share price weakness making it vulnerable to a take-over, with £8m in the bank it has more than ample room to start buying a few shares back in the open market and pushing the price to a level that it feels is commensurate with what it perceives is creating shareholder value.

It all depends on how vulnerable it feels it is!

I would much prefer to see IGP receive a bid with the price nearer to £1 than with it around 60p.

[myrtle1] 25/6/2011 13:29

If anyone is interested, there is now an article published on Intercede on Aimzine.

There is probably very little new for 'WJCC' but the article might be of interest to 'newer' investors.

You need to register but the site is free.





'Myrtle'

[glasshalfull] 25/6/2011 12:37

Thanks for that WJ

O/T Interested to hear your thoughts re.RGO on appropriate thread if you have the inclination.


Regards,
GHF

[igoe104] 24/6/2011 01:01

HOPEFULLY felix we can avoid a serious fall, by a positive rns. id hate to see this drift into the 50,s over the next couple of months.

ps off topic

talking about ports felix, i have a large stake in a interesting company that are building a port in mumbai india. worth at least putting in your watch-list. its a good long-term investment in my eyes.

(spl )

market cap now 86 million.

expected earnings 2016 35.7 million

expected earings 2018 49.5 million. with 150 million cash on the balance sheet.

[felix99] 23/6/2011 14:29

I will happily buy more as it falls - they are investing for the future and I liken this to the Ports in UK a few years ago.

Earnings went downhill or were static and the shares got sold down cos the p/e 's were too high based upon earnings. Everyone forgot about the assets the ports had which were worth way more than the market caps they got sold down to. Then the bids flew in and the share prices went crazy.

IGP is the same - forget what the earnings are look at what their IP is worth. Just a waiting game

[aphrodites] 20/6/2011 11:09

Just to let you know I have started to put my toe back into the water to buy more stock today.

I bought 4,000 shares at 74.96p which has shown up as a SELL!!!!!

[aphrodites] 15/6/2011 10:44

Rivaldo

Well just remember me when you want to sell and I promise you will not receive the bid side or below the the bid side for 25k or more.

That does of course depend on the market at the time and how the share is marked up on any announcement. I do not chase prices!

Why make the MM's rich!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[rivaldo] 15/6/2011 09:22

Aphrodites, I've been a shareholder here for a looooong time, so am merely doing a bit of small top-slicing.

I'm quite happy to sit and wait with the large majority of my holding, and have no doubt that what WJ says will come to pass, but having made very nice profits now, I'm also happy to take something off the table and reallocate it to other stocks.

Especially if those stocks show greater short-term upside than IGP given the rather downbeat forecast of 3p EPS for this year.

Which means no doubt that IGP will announce a huge new contract later today :o))