Iomart Share Chat (IOM)

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Iomart Group	LSE:IOM	London	Ordinary Share	GB0004281639	ORD 1P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	-2.25p	-0.71%	313.75p	310.00p	321.00p	324.00p	310.00p	313.25p	47,947	16:35:17

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Software & Computer Services	89.6	14.7	11.3	27.8	337.72

Iomart Share Discussion Threads

Showing 2676 to 2697 of 2700 messages

Chat Pages: 108 107 106 105 104 103 102 101 100 99 98 97 Older

Date	Subject	Author	Discuss
04/9/2017 15:06	Be good to see the back of this seller or sellers.............zzzzzzzzzz	soundbuy	Read Full Thread Reply
23/8/2017 11:28	But at the AGM they talked about introducing an interim dividend.	farhorizons	Read Full Thread Reply
23/8/2017 08:40	They haven't done one in recent years so wasn't expecting it	davr0s	Read Full Thread Reply
23/8/2017 08:32	Thought perhaps an update prior to the AGM......hey ho..........	soundbuy	Read Full Thread Reply
22/8/2017 20:51	was upgraded by analysts at N+1 Singer to a "buy" rating. They now have a £3.88 price target.	petewy	Read Full Thread Reply
21/7/2017 18:28	Petewy bet you wish you had kept hold of microgen- MCGN These will do the same	2bluelynn	Read Full Thread Reply
21/7/2017 08:20	Treading water yet again..........	soundbuy	Read Full Thread Reply
20/7/2017 12:14	BRUCIE5 sets up JakNife to rekindle the TT story. Consensus Narrative in action.	supersonico	Read Full Thread Reply
13/6/2017 15:47	Graham N not Paul Scott...... sector overvalued across the pond perhaps but IOM trades at a discount to peers/sector. See Peel Hunt and Fincap notes above....fairly comprehensive coverage (note they're House)	soundbuy	Read Full Thread Reply
13/6/2017 15:01	Fantastic results - well done Angus and team.	farhorizons	Read Full Thread Reply
13/6/2017 14:39	Paul Scott writes today: This company is profitable, which is more than can be said for plenty of its peers in this space! But the sector looks overvalued to me. The US stock markets are heaving with massive valuations for cloud-based businesses, and I think this has spilled over into valuations for companies such as Iomart. I'm not saying it's wildly overvalued, I just don't see any special attraction to owning it at these sorts of levels." I sold out of MCGN for these reasons which stop me from getting into IOM	petewy	Read Full Thread Reply
13/6/2017 13:47	TechMarketView: iomart continues consistent cloud execution iomart’s FY to the end of March 2017 shows it is maintaining a good performance in its cloud business, reiterating our view of its first half. Overall revenue growth was 17% to (£89.6m), with cloud services growing 10% organically to £72.7m. The company has also doubled its dividend. iomart has made quite a number of acquisitions over the years, and this has been important in helping it build-out its cloud-related capabilities. Take for example, SystemsUp, which provides cloud strategy consulting services, particularly in the public sector. What is also notable about iomart’s approach is that we believe it is becoming more differentiated, which is particularly important given how many suppliers are now able to provide a range of cloud-related services. For example, around certain e-commerce platforms (e.g. Shopify, Magento), the company is developing specialist skills to fully support clients using this software. Indeed, future acquisitions could well be aimed at deepening applications capability, but we would expect this to be restricted to a small number applications. Similarly, we recently wrote about Rackspace’s move to acquire an apps firm, (see Rackspace’s private ownership gives way to evolution), which takes it out of the traditional infrastructure services arena to cross swords with a different set of competitors. It is becoming increasingly clear that to thrive in the future, cloud infrastructure services providers will need to keep on evolving and - most likely - acquiring. The cloud market continues to be characterised by change and opportunity and it’s going to become increasingly important to create a differentiated position. We believe iomart’s approach demonstrates good vision. On top of that, it’s ability to keep on churning out a decent financial performance means the cash is there to support its evolution and keep shareholders happy.	aishah	Read Full Thread Reply
13/6/2017 12:25	Well done Angus and team! Great results!	farhorizons	Read Full Thread Reply
13/6/2017 12:08	Peel Hunt iomart reported a good set of results where revenue and profits for FY17A were in line, and accounting for some movements (Dediserve acquisition, softer SystemsUp, better EasySpace traction, etc), our revenue and profit forecasts are largely unchanged over the next two years. Impressively, FY17A free cash flow was up 73% yoy, on the back of which we upgrade our FY16-19E FCF CAGR from 21% to 24%. Therefore, we confidently reiterate our Buy recommendation on iomart, noting that it is : (1) a pick-and-shovels play on multi-cloud take-up; (2) a model that lends itself to strong FCF growth; and (3) an attractive valuation vs peers, given its role in the world of Cloud. Results and forecasts changes. The FY17A results were in line with the end-March trading update. A slight 2% beat at the adj diluted EPS level was due to lower tax expense. Better working capital management and controlled capex spend led to a FCF of £20.5m, ahead of our £16.6m forecast. The company has delivered a 35% pay-out, a dividend of 6p, for FY17A. Trading since the year-end has been broadly in line. Taking account of a more muted outlook for public cloud consultancy SystemsUp, and incorporating the recent Dediserve acquisition, we leave our forecasts unchanged at the revenue and adj EBITDA level. Changes to D&A, tax rate, etc leads us to fine tune our adj dil EPS forecast for FY18E (-3%) and FY19E (+5%). On track to meet its three-year plan. iomart’s track-record is one of well managed growth (both organic and inorganic), margins and cash conversion. Back in March-2015, the company set a three-year target to March-2018 where it plans to hit £100m of revenue (PHe £98m), an adj EBITDA margin of 40% (PHe 40.5%) and an adj PBT of 25% (PHe 25.1%). As our forecasts imply, the company is well on-track to meet these targets, a fact we believe is under-appreciated. iomart is at a sweet spot. IT is not just about buying Amazon AWS, deploying Docker containers, or implementing virtual execution technology against cybersecurity threats. Much of enterprise IT that we will use tomorrow is already in place, and what many organisations seek is for a partner who has an established track record, necessary accreditations and the required infrastructure, to hold their hand in the journey that is the Cloud. This, in our view, is iomart’s sweet spot. We believe that around 80% of the emerging Cloud opportunities will be of a hybrid-nature. Hypercloud vendors like Microsoft have recognised this fact, and are very supportive of partners like iomart. We believe this emerging multi-cloud world (see 31 March 2017 note) is a place where iomart will thrive. Valuation. On consensus numbers, iomart trades on 9.1x CY18 EV/EBITDA, broadly in line with Hosting and IT Services Peers on c8.5-9x. Is it, however, at a deep discount to Colocation Peers on 16.2x. We reiterate our Buy rating with an updated DCF derived target price of 388p, at which iomart will trade on a CY18 EV/EBITDA of 10.2x, a slightly reduced discount to Colo Peers.	soundbuy	Read Full Thread Reply
13/6/2017 12:07	HT FT AV ML FinCap Prelims are in line with unchanged expectations for the year ending March 2017, with cash generation ahead, again demonstrating the quality of the business. 11% growth in cloud services revenue was supported by organic revenue growth of 10%; while Easyspace, which suffered organic revenue decline in FY16 (-8%), returned to organic growth (+4%), added to by United Hosting (acquired November 2015) to deliver 22% overall growth. As ever, therefore, the typical iomart steady pace of bolt-on acquisitions added to group performance, with 17% headline growth, EBITDA margin of 40.8%, and free cash flow of £19.3m. With such strong levels of cash, visibility and confidence, the board has accelerated the expected dividend growth one year ahead of our expectations, lifting the full-year dividend to 6.0p (+88% vs FY16; +18% vs FY17E), while still retaining a strong balance sheet to fund further strategic acquisitions. The quality of the company remains difficult to match, with expected results routinely delivered with a maximum variation of 1-2% before acquisitions. Target lifted to 400p (360p) Revenue of £89.2m delivered adjusted PBT of £22.4m, in line with expectations. £19.3m free cash flow exceeded our £17.9m forecast, leading to net debt of £10.6m vs £12.5mE. The acceleration in dividend growth from 3.2p was expected; however, 6.0p beat our expectations of 5.1p and highlights board confidence in the business's combination of growth, profitability, and cash generation, while not jeopardising capacity for further acquisitions. Now operating as three divisions, namely cloud services, Easyspace, and non recurring revenue (principally Cristie, the storage-based business with public sector customer relationships during the storage tech refresh cycle), each displays differing gross margin and EBITDA characteristics, evident in the changing group mix, while adjusted PBT margin is maintained – and remains highest in the peer group. Recurring revenue is over 90%, adjusted PBT margin 25%, and FCF per share is expected to exceed adj dil. EPS in FY19 – yet FY19 free cash flow yield of 6.5% shows quality is evident but market appreciation is not. We lift our target to 400p, still meek due to current market wariness of the sector, with iomart harbouring plenty more upside when peers’ woes are more distant history	soundbuy	Read Full Thread Reply
13/6/2017 09:07	Peel Hunt raise PT Iomart Group PLC IOM Peel Hunt Buy 331.63 339.00 Old PT 315.00p New PT 388.00p Reiterates	soundbuy	Read Full Thread Reply
13/6/2017 07:51	FinnCap raise PT Iomart Group PLC IOM finnCap Corporate 339.00 339.00 Old PT 360.00p New PT 400.00p	soundbuy	Read Full Thread Reply
13/6/2017 07:35	Please don't wake up to soon though Mr Market....At least not for the first 5mins!	ddubzy	Read Full Thread Reply
13/6/2017 07:33	Fantastic numbers. Firing on every metric. Final divi up by 90%!! Wake up Mr Market!	aishah	Read Full Thread Reply
13/6/2017 07:32	All reads well......	soundbuy	Read Full Thread Reply
13/6/2017 07:25	Cracking results. Wish I'd never top sliced now...Hopefully we're get the usual drop on results so as to buy more, but I doubt it this time!! Onwards....	ddubzy	Read Full Thread Reply
08/6/2017 16:23	Results next week...	ddubzy	Read Full Thread Reply

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