Interquest Share Discussion Threads

[sphere25] 10/3/2016 16:41

FYI

Naked Trader has bought in:

"I've bought a few Interquest (ITQ) - a nice set of results this week - profits going up nicely and debt is coming down, plus a decent dividend hike.

Also looks to be a reasonably safe one to hold in volatile times - I think it is worth nearer 100p than 80p."

[shanklin] 10/3/2016 09:49

wiseacre

9.8x which earnings please?

For some reason ITQ exclude share-based payments from their adjusted earnings numbers, when they are in no way exceptional. So in reality they trade on a much higher P/E than the one you quote.

All IMHO.

Cheers, Martin

[wiseacre] 09/3/2016 17:13

According to note from Panmure Gordon today

Valuation: as the story unfolds over the coming reporting periods and as investors
build confidence in the team, we expect the shares to re-rate. Our 135p price target
would only put the forward P/E on 9.8x (still a discount to the sector).

[deanowls] 09/3/2016 14:05

Need them to merge with HVN, would be beneficial to both parties.

[salpara111] 09/3/2016 13:31

Hmm,
Virtually no top line revenue growth but improved profits due to increased margins.
I was waiting for these results but am now somewhat confused as to whether to take a stake or not.

[wiseacre] 09/3/2016 13:12

The selling makes no sense particularly in the light of today's bid for Penna on an earrings multiple of 15.5, double that of ITQ whose markets show more growth

[battlebus2] 09/3/2016 11:54

Interesting read if you download the free report...

[foxman14] 09/3/2016 10:35

Time for the new CEO to put is hand in his pocket and buy some shares. The CFO ought to top up his 12.5k holding too!

[battlebus2] 09/3/2016 09:54

Thanks Riv, still cheap by any measure especially given the year they have had. It can only improve from here imv. Very happy to hold and add on any weakness.

[rivaldo] 09/3/2016 09:12

Hi bb2. I've followed ITQ for years, but never quite been convinced enough to buy.

Anyway, the reason for the share price fall is that today's results are worse than forecast. Forecast EPS was 10.9p, compared to actual 10.1p, whilst forecast PBT was £5.17m compared to actual £5m. The dividend was less too, at 3p compared to forecast 3.2p.

Good results and decent valuation even so. I can't see much downside, but then, like any company whose share price has been in the doldrums for aeons, where will there be a spark to get things going (apart from likely ramping by TW and his crew!)?

[wiseacre] 09/3/2016 08:55

These are stellar results. The shares should be at a premium to the sector and at a price of only eight times earnings sell at a considerable discount. Patience will be rewarded.

[battlebus2] 09/3/2016 08:28

A few selling out at 82p doesn't make much sense to me, thought the results were sound and with an increased dividend. IMV should be trading over £1 so patience required which is never a problem with a yield well over 3%.

[saucepan] 08/3/2016 12:54

I, too, am looking forward to results to tomorrow. I have heard from another source today that stock is scarce. I wonder what that will do for the price if there is buying demand in response to the results?

[battlebus2] 07/3/2016 12:53

Yes , according to their January update.

[bazzer1000] 07/3/2016 12:52

Results wednesday?

[battlebus2] 07/3/2016 12:35

Good to see a little movement in the right direction for a change.....

[cwa1] 07/3/2016 12:17

Once again, small movement on(so far as reported anyway) modest volume. Buyers taking a position ahead of results?

[cwa1] 01/3/2016 14:56

The Group expects to announce its preliminary results for the year ended 31 December 2015 on 9 March 2016

[esther1975] 01/3/2016 14:52

Are results 9th March

[cwa1] 01/3/2016 14:14

Minuscule hint of movement amidst reasonable volume(by ITQ's standards anyway!) Nice to see.

[cwa1] 01/3/2016 10:13

Morning All

A modest slice of "nosey" buying ahead of results this morning, perhaps? Price hasn't budged, so I suspect there's a bit of stock available out there. Fingers crossed ahead of the announcement.

[saucepan] 29/2/2016 16:01

Indeed, let's hope results will be the catalyst for a re-rating.

[wiseacre] 29/2/2016 15:57

Nobody has a bad word to say about this stock and yet it's near its low of recent times. I believe that after the year-end figures next week and now that the new management has its feet firmly under the table, "with one mighty bound" the share price will break free of its constraints. A post results road show and new investors will get it going.

[salpara111] 18/2/2016 14:17

I've had this on my watch list for about 6 months but not invested yet.
I guess that sentiment in the sector was damaged by the poor results of Michael Page recently.
I am considering taking a stake prior to the results as I do feel that they are rather unfairly valued