Internet Business Share Discussion Threads

[muffinhead] 26/5/2007 23:22

LB...glad I got your attention on the 3rd attempt ;-) What took you so long....initially seeking opinions and finally giving mine ;-))


Stemis sums the state of play nicely above.


Some long term large holders from 3p or later will gladly top slice for tax reasons during current year. I may be wrong but at interims i expect turnover to increase but profit growth to be down. Rallies following previous peaks have been the norm

[stemis] 26/5/2007 14:53

Personally I think buying IBG at the present level is pure upside arbitrage... whether a deal is done or not.

Its a bit of a conundrum. If IBG announce a sale then its going to be north of 50p (maybe a lot north). The 'market' however doesn't seem to believe that a sale is going to happen. The alternatives are

1. that IBG announces they are going to press on as they have been doing over the last few years. They'll probably back it up with an in line trading statement or outlook (if its part of the interims). Sentiment might take the price lower (maybe as low as 25p?) as some loose holders go looking elsewhere for the quick buck.

2. IBG announces that they are taking steps to target new growth opportunities (hopefully putting some flesh on those bones) but this will depress earnings over the next couple of years or so. Price could drop even further (maybe as low as 20p?).

3. something else. Who knows what that could be; a strategic alliance in which a partner takes a large equity stake, a jv, a demerger? Impossible to predict what impact that will have on the price.

I have some funds from the takeover of EWD and I'm tempted to commit some to IBG because either way the long term value looks so strong. However if I wait a month or two maybe they'll be cheaper (although maybe I'll miss the boat). Having said that I wouldn't want to be out of the stock at the moment (even assuming I could sell what I have have).

Its a hard one to read.

[muffinhead] 25/5/2007 13:45

suckers rally

[yump] 25/5/2007 12:34

If there's any bidding war, someone should give them some proper weapons and take away the handbags ;-)

[kenatbabken] 25/5/2007 12:20

reggie

I,m in the dark like everyone else,I can,t ask Maz as he would,nt tell me
anyway. If there is a bidding war BRING IT ON

[reggieperrin] 25/5/2007 12:09

lrr - is that code or did u post here by mistake?

btw - ken has been notable by his absence recently ... perhaps he has gone over to the 'inside' on the strategic review and so barred from talking to low lifes like us !

[bonio10000] 25/5/2007 09:44

Growing market + growing product offering = stagnant shareprice

It will ping - but when?

Anyone got any news on how well Henoo is doing?

[krakow] 25/5/2007 08:45

So the Guardian rumour really has set the rocket fuel alight!

Er......shurely shome mishtake!


zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

[valustar1] 25/5/2007 07:22

Buying IBG sub 30p is not really hot money in my eyes, but I guess I know what you mean

[jumbo66] 25/5/2007 06:51

hi llr little bit of hot money come yesterday just a little though [hd]re j

[hirschnathan] 25/5/2007 06:32

With a bankholiday weekend, any rise will oly last today, comes tuesday and the 'hype' will be forgotton

[upthetic] 25/5/2007 00:51

Lets hope for continued movement tomorrow / today ...might even test the 32p barrier if we are lucky.

[upthetic] 25/5/2007 00:49

ENOUGH....................

[the analyst] 24/5/2007 17:45

Maybe the great opportunity Maz was talking about doesn't necessarily require him to keep IBG? Maybe if he gets enough cash he can form a new company to make his plans bear fruit on his own or with just a few other select shareholders?

I still don't really know what to make of what we heard at the AGM, but atleast it shouldn't be too long before results are out. I'm hoping for the review around the same time.

[aleman] 24/5/2007 17:29

Today's price doesn't compensate for all those late nights since the float at a higher price. However it's not just about money now. If he just wanted money now he could pay out a fat and growing dividend. He wants to take the business forward even faster.

[the analyst] 24/5/2007 17:03

A buy-out at 60p wouldn't surprise me either as it would still only value the company on around 24 times this year's £1.9m forecast and 15 times next year's £3.1m forecast. That doesn't seem like too much for a company experiencing 50%+ year on year growth. It would also give Maz a payout of a nice round £10m pay-off for his efforts

Mind you, even a take-out at today's price would see Maz pocket £5m. Despite his obvious anguish at the share price during the AGM, he may still feel £5m a reasonable pay-off for his work. I guess we just don't know what he would or would not be prepared to settle for.

[krakow] 24/5/2007 16:21

GT. LOL! £1 by July. Easy!

[guythomas] 24/5/2007 11:05

krakow...wake up and smell the coffee...this baby's going north bigtime!