Intercede Share Discussion Threads

[hybrasil] 26/7/2011 08:47

bought 20k for my trading account.

[hybrasil] 26/7/2011 08:41

I would guess you are both trying to look around a corner that does not exist.

I have a long term hold here and also fairly regularily trade these.

I am about to press the buy position again.

They have 6m in cash. I maybe wrong but I dont see them buying anything at the moment.

[aphrodites] 26/7/2011 08:19

FELIX

You echo my sentiments entirely re the fund raising.

Let's wait and see what is in the pipe-line.

[felix99] 26/7/2011 07:52

Must be a fund raising for an acquisition Aphro. WINS opened at 64 on the offer this am - City boys knocking the price down to where they want to pay for stock imho.

I suspect perhaps they may want to get a base on Board of Inst to boost their funding options down the line. If they are not acquiring anything I suspect they may want to tender for a whole job perhaps rather than be a subcontractor to others. They make nice money but I bet the mark up on their gear in the contract to the main tender holder to the end user makes them a bit sick - perhaps they are getting readxy to bid for these things or a bigger slice of these things gonig forward. Which would need cash ?

[aphrodites] 26/7/2011 06:13

igoe

I do not concur with your view of IGP having a history of a falling share price at this time of year.

This suggests someone is selling short which is not feasible in a share with such poor liquidity.

Just because it happened last year does not mean it should happen again now.

IGP's improving trading record is now unquestionable and the share should be on a rising trend not in a seasonal falling one.

If you look back at the graph you will see that the share price was in a period of constant decline from Dec 2009 to August 2010. It has been rising ever since that low, admittedly with minor set backs.

Mark my words, there is more behind this fall than meets the eye. It has a nasty smell that someone knows more about what is going on behind the scenes than is in the open and in the interest of shareholders.

And if this time I am proven right AGAIN about insider trading it will need to be reported to the FSA. It will not be difficult to identify the sellers in a share like this with such a low turnover!!!!!!!!

I hope I am wrong!!!!!

[igoe104] 25/7/2011 17:35

IGP share price has a history of falling june-september. last year it fell to 28p before it went on a strong rally in october. i think its blot up the shutters and look again in october. and set alerts just in case of RNS.

[aphrodites] 25/7/2011 15:38

The last time we saw a fall of this magnitude, nearly 17% in the last two trading days, we saw a placement made in May 2007 at 33p with Hargrave Hales. The price fell from 58p to 45p in two days before the announcement, 22% then!

Is there something in the pipe-line that only the institutions know about such as an acquisition and large institutional share placements?

Has the company broker inadvertently let something slip?

Obviously the lack of news on new contracts is not helping the share price; neither is the current state of the market.

Much against my better judgment I have joined the game selling a few shares to see where the price can be pushed before the institutions decide there is good value. Having seen their funds perform well as a result of IGP's share price advance they will not want to see all the good work undone again in this quarter.

Or will we know in the next few days that there are good reasons for this set back!!!!

[hybrasil] 25/7/2011 13:34

why is this falling off a cliff today?

[igoe104] 22/7/2011 11:52

Another project worth watching.


According to Frost & Sullivan, the French Government has to face two major issues before successfully implementing the project. To be able to manage biometrics and personal information, there is a need to create a database to collect, store and manage all the data

[igoe104] 22/7/2011 11:47

Heres a biometic id card project taking off soon, i wonder if this is one of the projects igp could be involved in.



August 1 with recipients' biometric data collected for future use, as the first national identity card will be issued on September 30 as part of the commemoration of Nigeria's independence

[yump] 21/7/2011 08:57

There's no point in trying to work out in advance what sort of pattern it is, that's just guesswork, even if patterns mean anything at all.

It could be a short term top.
It could be a consolidation pattern, yet to find a base in its trading range.
It could be a head and shoulders with the bottom at 30p (if anyone wants to be silly).

Probably best to concentrate on the company, especially as its not a heavily traded share, which as far as I've seen means its not going to conveniently follow self-fulfilling prophecies of chartists, fibonnacci movements etc. etc.

The obvious support is at 60p, but nobody will know whether the range is going to be 70-80p or 60-70p until after the event.

Its not exactly over-egged and one significant event could move it straight back up - particularly as the company is now in that precise period in its development where announcements are likely to happen.

I presume the directors buying comment is in jest.

[fft] 21/7/2011 01:41

WJ,

'summer drift'. that doesnt look/sound good. the chart has by the looks of it a quadruple top, and is now on the shoulders coming down. be very very disappointing if this hits 50p (or less) again.

we havnt had any directors buying for years now. maybe they should show some faith/confidence and put there hands in their pockets.

[yump] 20/7/2011 20:57

There seem to be a fair few arbitrary markdowns today, probably as a result of the euro bailout meeting tommorrow ?

[igoe104] 20/7/2011 17:51

WE could do with some good news to put some life back into this share.

[wjccghcc] 20/7/2011 17:38

It's on low volumes. Looks like the summer drift has set in with the market makers not wanting to hold any stock.

[pyman] 20/7/2011 17:10

ouch _ what that 3p fall all about? chart looking horrible now!

[wjccghcc] 13/7/2011 13:02

I think so. 33% for an acquisition and 15% for a cash placing isn't unusual. They're the same as last year.

[fft] 13/7/2011 11:07

out of interest, are resolutions 4,5 and 6 normal (ish). Powers to allot 33% if the company shares seems quite high.

AGM is 21st september in Lutterworth

[igoe104] 10/7/2011 09:15

aphro

I noticed someone sold 115,000 igp and the buyer (probably kp )purchased 150,000 straight after. which is good news as it creates a platform in the 70,s now. i think igp now need to some new contracts to put some life back in the share price, then we will sail past the quid mark.
i used to hold axis shield 10 years and made a decent profit but at the moment igp is my only investment based in the uk, all my other investment are in china, india, brazil, malaysia. thats where the growth markets are.

here are two tips.

in malaysia the growth is in data-centres so ive invested in csfg

in india the shipping imports and exports market will grow over 250% over the next 10 years, the ports at the moment in india cant cope with the demand so ive invested in a company building a world-class port in mumbai spl

[aphrodites] 09/7/2011 19:24

IGOE

If this is the seller who has been playing silly b---ers in the market and it has been taken out then we could see this share price move quickly up from here and test the £1 level.

Whoever the buyer is, they now need to test the market to ensure the seller is truly out. A few messy buy orders and this will be back above 80p straight away.

Of course the stock might well have gone to a predator who is starting to establish a position to launch a bid.

I hold stock in Axis Shield which received an unwelcome bid from a predator this week which took the price 50% above the trading level in the market. The Board is looking for a far higher price.

This is what worries me with IGP. The price is kept artificially low and then a bid comes in at only 95p and they settle at only 110p.

I would like to see this price double on any takeover approach.

[felix99] 06/7/2011 12:04

cleared out seller by the looks then

[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