International Marketing & Sales Share Discussion Threads

[siwel100] 15/12/2006 20:18

Another day another share buyback.....Only another 1,600,000 to go :)

[siwel100] 14/12/2006 15:40

Will be interesting to see how long it takes before people twig to the daily share buybacks :)

[siwel100] 14/12/2006 12:00

charleyduck...they are currently soaking up the excess stock, a buy yesterday, another 20k today at 103p.....Once they have soaked up the liquidity there are bound to be a few matched trades if some larger holders want an exit.
The Directors want to pay paper for more aquisitions, they also want the value of their holding at a sensible level. If they dont get the price as high as they want with this buyback they will no doubt just repeat it.
This activity actually takes the focus away from the company and its performance. They say they are confident about full year figures and both top n bottom line have been growing at an amazing rate.

[charleyduck] 13/12/2006 20:51

Thanks Siwel. I am sure you are right. They need the price higher too so that their aquisitions are 'cheaper'.

Another question if I may.
How is it that a Company can buy at the bid price?

The price was 100/107 at 10:33 when their first purchase was made on 12th Dec. It appeared to be unchanged all day.

I have heard that the AIM rules limit the volume a Company can buy in any one day. Is it perhaps five times the NMS, or something like that? (I looked thru the AIM rule book but could not see it mentioned) Anyone know?

For info - the most they can pay tomorrow is 107.42p - wouldn't that be nice!

[bilbox] 13/12/2006 18:55

Date: 12 December, 2006
On behalf of: International Marketing & Sales Group Plc ("IMSG" or "The
Group")
For immediate release



International Marketing & Sales Group PLC
Purchase of own shares


The Directors of IMSG, the emerging markets focused sales and marketing company,
announce that earlier today the Company purchased 20,000 ordinary shares of
Euro0.01 each in the capital of the Company at a price of 100 pence per share. The
Company intends to hold the purchased shares in treasury.

This purchase equates to approximately 0.056% of the Company's current total
issued share capital.

Other than these shares, the Company has 35,584,426 ordinary shares in issue.
This purchase was made pursuant to the special resolution passed at an
Extraordinary General Meeting of the Company on 30th October, 2006 at which the
Company was generally authorised to buy back IMSG shares representing up to 5
per cent of the Group's current issued share capital.

[siwel100] 12/12/2006 08:57

charleyduck...Always a shakeout when buybacks first start, gets rid of dead holders. But with 1.75 million shares being bought back, they will soon be taken out.

[charleyduck] 11/12/2006 18:49

Is there still a big seller around - seeing the two 25,000 blocks sold today - has anyone any clues on this?

Could they yet go lower despite the buyback starting?

[siwel100] 11/12/2006 13:21

Starting to move

[siwel100] 11/12/2006 13:11

Sharebuyback starts from today. 5% of company. mm's taking any quantity to sell but not taking buys on-line...should be interesting :)

[siwel100] 11/12/2006 12:41

Share buyback underway.....:)

[dnevets] 30/11/2006 13:15

I can't find IMSG on IGIndex - any particular reason why they're not listed?
EDIT: Sorry, found it :-/

[2olga] 30/11/2006 00:43

NO I guess :-)

[charleyduck] 24/11/2006 21:59

So just 10 working days notice.

EGM on Monday 11th December.

I've never read a whitewash circular.......

[diogenesj] 21/11/2006 23:19

Lol, are you potty, KP?

[kingspot] 21/11/2006 22:47

Pretax profit in the first half rose 494% to 4.4 mln stg as revenues rose
465% to 13.8 mln stg.

ONLY CAPPED AT 63 MILLION WITH THIS KIND OF GROWTH ITS WELL UNDER PRICED

Debtmatters Group PLC said pretax profit for the first half
beat market forecasts on strong performance across the business and it now
expects full-year results to be ahead of expectations.
Market forcast 8 million profit for 2007 (they have already made 4.4 million in the first 6 months)
it is confident of continued progress as it
is well positioned to capitalise on the rapid growth in the IVA market.
"The IVA market continues to grow rapidly and shows no sign of abating. I
anticipate this trend will continue into 2007 and beyond with many commentators
predicting that the market size will more than double by 2009," chief executive
Ges Ratcliffe said in a statement.

[charleyduck] 14/11/2006 17:27

On 31st Oct IMSG said in an RNS that, as part of the procedure required by the Irish Stock Exchange Takeover Panel, "a circular approved by the Panel is to be sent to shareholders for consideration at an EGM to be held in November. Further details will follow shortly."

I guess they cannot start to do any buy-backs until after that EGM.

So it does not seem that it will happen in November.

How much notice do they need to give to convene an EGM?

[siwel100] 13/11/2006 11:54

HABAYYUT...You must learn patience.

[siwel100] 31/10/2006 18:31

Just a case of sitting back and waiting now..:)

[siwel100] 27/10/2006 22:18

Share buyback RNS on Monday...:)

[scottie01] 26/10/2006 20:23

no what i'm saying is,imsg are saying 2nd half revenues will be strong,the share price is undervalued,their going to buy back shares,Your saying you'll buy at 90p;-),i'm saying you wont!!!,lets see who is right!

[habayyut] 26/10/2006 19:06

scottie if it was that easy then we'd all do it. so by what you are saying every share should continually go up then!!!!

LOL i dont think that happens in the real world

ps, id agree you are very new to this game

[scottie01] 26/10/2006 19:04

ok,you might be right,mm's buy them at 113p and sell them to you for 90p,is that the way it normally works?i'm new to this game;-)

[habayyut] 26/10/2006 18:57

no thanks keep the clues to yourself

i will pick some up 90p region ta very much..if not no big deal

[scottie01] 26/10/2006 18:46

and what does that tell you habby?would you like a clue?