International Distributi... Share Discussion Threads

[a0148009] 09/3/2007 09:49

IC recommend buy. Say strip out cash and £6m for property business on 10x 2007 EPS.

AO

[radarlove] 08/3/2007 11:41

A good mention in 'Shares Magazine' today and why the share price rise. They give it a BUY.

Comments include: "IDS have renegotiated their Freeview contract until 2018; internet sales now account for 21% of turnover - this will increase; some analysts predict a share price of 360p during next 12-18 months."

I sold my shares last July and feel there are better prospects out there medium term. Longer term holders should see a fair return but it may take awhile.

[a0148009] 08/3/2007 09:32

The Independent highlights the undervaluation of this Company by explaining cash and freehold properties worth about one third of share price, if you take out the cash gives a p/e around 10x. and from now on it will continue to throw off cash!!

AO

[a0148009] 07/3/2007 13:37

Looks like Teather & Greenwood have been buying for their discretionary funds.

[u813061] 06/3/2007 19:46

Agree, a good article. There are plenty of innovative marketing stunts this company can pull to increase sales - its craft club is just one example. In 2007 underlying sales will grow, there will be no losses from jewellery vault and the 2006 acquisition will add to profits. A fair price for this share is £3 imho.

[poacher45] 06/3/2007 14:52

Good article in the Independant today.

[poacher45] 05/3/2007 16:49

I agree as well. Lot better than I was expecting.

[a0148009] 05/3/2007 16:47

u81
Agree - appears to me to have a niche commercial competitive advantage, Freeview agreement to 2018, £15m + cash in the bank, promising start to 2007, good response to results today in difficult market, very likely to be taken out now that Freeview locked in and costs controlled.

AO

[u813061] 22/2/2007 12:46

Worth a punt. Plenty of retailers could want the tv / internet sales channel that IDS have - so takeover. With more freeview viewers every day it is like IDS opening up a new shop every 3 months at no cost to them.

[poacher45] 21/2/2007 10:28

They will not go back to 30-50p because they have probably 15million in the bank. The good news is they have shopping channels on all the major TV providers. The bad news is the amount they have had to pay for Freeview and whether they can justify it. If they can then because of Freeview sombody might be prepared to pay £5 a share. If they cannot then it might drop to £1.50 a share.

[daisymax] 19/2/2007 20:12

Is there no-one watching this BB? What do you think the prospects are for this Co. are they going to pull sales out of the bag and improve their profits or are they going back to the 30-50p days?
Am thinking of getting on board but would welcome input.

[powwow] 08/2/2007 12:48

pasty I kind of agree. I'd say its more along the lines of, there are just too many channels and as such some will die.. IDS will come through all of this while others run out of money and close up shop.


Glad I sold my 3.50+ when I did. These may well fall further, though I think they are still worth watching and worth buying again at the right price.. what price I'm not sure at the moment as that really depends on how they are operating at the moment.

[pastyman3851] 22/1/2007 13:21

sold mine out at 282 on the 17/11/2006, i took a big hit on that as i purchased near the high. i sold out as i was watching these channels when they started and they seemed good investments, but then i got board and i knew a lot of others who felt the same and this would of hit their profits. but goodluck for any future buyers.

pastyman

[powwow] 16/1/2007 09:46

I agree but odd. Most online outlets did very well.

[poacher45] 11/1/2007 21:19

Very dissapointing

[tonyx] 11/1/2007 20:44

Ooops...perhaps not the ideal investment anymore!

[powwow] 11/1/2007 13:31

this may well fall below £1.50 if the trackers are selling out.. are they still in or were they in when it hot 100 million mcap.

[radarlove] 04/1/2007 18:08

Expect a trading update either tomorrow (Friday) or Monday.

It will be interesting to see how Christmas sales went and how the general consolidation within TV shopping is going.

[poacher45] 22/12/2006 10:43

Is there anybody out there? This mornings announcement of 181,847 options being exercised and 175,000 being placed is very interesting. According to last years accounts only 77,000 could have been exercised this year and why pay now when you could exercise them in 2012. Also 95847 could only be exercised at the earliest in Nov 2007 or is that just a coincidence.

[poacher45] 21/12/2006 16:07

I think with Freeview they just signed the contract at the right time. 14 million is sure a lot of new sales and if they cannot get to the shops it makes it even easier.

[poacher45] 20/12/2006 10:56

Where is everybody? How are Ideal doing? Well if the Judy Mayfield collection of expensive jewelry is anything to go by they have definately sold more this christmas than last. It is also interesting that one of the directors has just added to his holding and the institutions have bought heavily this year.

[pastyman3851] 06/11/2006 15:45

any ideas on whats happening?

[prewar] 07/9/2006 20:40

Radar

Fair points but I still think Freeview will be the biggest and best platform for Digital TV for the next 10 years or more.

Do people buy Sky or Cable for the number of shopping channels they can get? no they buy it for the sport and movies. Similarly people probably won't buy Freeview for the shopping channels it'll either be for the channel package or through necessity as analogue switches off. For every extra 1m viewers to Freeview some will be looking at and buying from IDS so this is a fantastic growth opportunity for IDS, will IDS's competitors be able to do this via Sky or cable. For every extra 1m viewers to cable and Sky there are lots more places for them to go so the nett gain to any shopping channel will be diluted when compared to Freeview.


The number of shopping channels on Freeview will be limited due to the cost of using the platform and the number of slots that the technology can support.

I agree the stragglers will probably be the elderly but am not sure what the demographics are for IDS customers, agreed it's probably not the over 80's but maybe the 30-70's.

As for consolidation within the industry, yes agreed that will happen but see IDS benefitting from this for the very points I raise above - principally it's slot on the biggest platform.

[radarlove] 07/9/2006 15:56

prewar,

I do feel you are making an unjustified issue over the growth of Freeview use. Many who have or will purchase Freeview in the future are not interested in TV shopping. Another percentage buy Freeview as the first step into digital but then move on to either NTL or SKY.

The issue is not about Freeview, in my view, but the TV shopping market in general.

As I said in a previous message, the signs are that the market has now reached maturity. Usually a consolidation then occurs. The weakest either fall by the wayside or are bought by the strongest companies. Even though more people will be buying Freeview in the future, this may have little affect on increasing TV shopping revenues. It is simply shared out to fewer business concerns.

The 'stragglers', as we approach the terrestrial cut off, may well be the elderly. And this section of society are not used to TV shopping. It is a new concept for them. They would prefer pottering around M&S or using catalogues.

I do feel that IDS have the experience and strength to not only survive this consolidation period but to become stronger through it. But I see this taking time and unless you are a long term investor, there are other companies out there with better short to medium term growth.