Iomart Share Discussion Threads

[izztre] 04/12/2015 11:15

Cannot see any reason for the 7% fall today?

[raysor] 04/12/2015 08:14

Anyone got Singer's note?

[billdobbie] 03/12/2015 21:29

Please explain buycell ?

[filmster] 03/12/2015 14:45

Why do you say that buycell?

[buycell] 03/12/2015 14:23

As a previous long term employee of this company until 6 months ago (7 years +) It totally baffles me how they continue to post any profits at all.

[andrewbaker] 02/12/2015 13:43

Old Mutual have been selling out, but others are buying, so don't think there's any problem: just a reaction to a big holder disposing for whatever reason, but not likely because a problem with the business; all IMHO.

Good opportunity to buy in/more.

[raysor] 02/12/2015 12:48

"Significant sells (200,000+198,000) gone through"

Some sort of cross?

[fizzypop] 02/12/2015 12:35

Spread just dropped to 1.8% from 5% on LSE

[fizzypop] 02/12/2015 12:31

Significant sells (200,000+198,000) gone through and. no doubt, stops triggered at 270 and 260p but is this a tree shake to flush out weak holders. Have we bottomed at 255p or could the drop continue? Looking to buy at these levels.

[raysor] 02/12/2015 10:51

1045 GMT Shares in computing hosting services provider iomart Group are down almost 11% at 267p after interim results. The numbers showed good growth from Hosting but a slightly more disappointing performance from the domain name division Easyspace, say analysts at N+1 Singer, who expect to modestly reduce their earnings forecasts. Still, keeps a buy rating and 298p target price.

[aishah] 02/12/2015 10:09

TechMarketView:

Wednesday 02 December 2015
iomart edges up cloud growth in H1

iomartHosting company, iomart, is a busy player operating in an equally busy market. The company achieved top line revenue growth of 16% (to £36.4m) in the six months to 30th September 2015 and continues to follow a dual strategy of both organic and acquisitive growth.

iomart’s Hosting business, which includes public and private hosting and professional services, improved its organic growth rate from 8% in the comparable period last year to 10% this year. iomart puts last year’s dip down to “a period of slightly higher customer churn”. It’s also seen an improvement in orders, with growth coming equally from new and existing customers.

During the period, iomart acquired SystemsUp, which we identified as being a “smart cloud buy”. Indeed, for any player that is not solely focused on the provision of public cloud hosting, building out capabilities in professional services to take customers on their cloud migration journey is crucial. But so too is bringining in new customers. And of course yesterday iomart announced its acquisition of United Hosting – again growing its hosting customer base.

The challenges ahead for iomart are similar to those of its competitors: finding enough of the engineers/consultants with the right skills to address the undoubted market opportunity, and identifying the best acquisition targets. Indeed, as iomart continues to deepen its skills and grow its customer base, it will of course itself remain an acquisition target.

[bigwig] 02/12/2015 09:44

Yes I do agree - it's just a matter of time I expect.

[jombaston] 02/12/2015 09:35

Given IOM expertise in hybrid/private cloud and consulting on cloud transition, wouldn't it make sense for them to be more closely aligned with one of the super-sized cloud providers? Or maybe they are not big enough yet? At some point the consolidator my be consolidated?

[bigwig] 02/12/2015 09:20

Good results, just a few nerves at the opening, should settle down, anyone who got in early today and bought was lucky in my view, {I did just that when the same thing happened in June) spread is wide and market is a bit thin. I am ok with these results.

[filmster] 02/12/2015 09:10

Can't see it being in the blue today, but nice to see a bit of a recovery from 255p.

[soundbuy] 02/12/2015 08:55

It won't stay down as long as on previous occasions.........

[gordosmith81] 02/12/2015 08:21

This'll finish blue I reckon once the normal results panic is over.

[davr0s] 02/12/2015 08:16

Sold my holding of a year at 290p. Results were good but rate of growth looks like it slowed. Still like company so already bought half back at 275 so can't complain!

[gordosmith81] 02/12/2015 08:12

Just topped up. The buys are coming in now.

[wjccghcc] 02/12/2015 08:09

Yes, it's done this before. Bought a few at 261p.

[soundbuy] 02/12/2015 08:08

Results none too shabby ,doesn't warrant this fall - liquidity works for you and against you - been here before on results.......

[gordosmith81] 02/12/2015 08:06

Discount time

[izztre] 02/12/2015 08:03

Wow I thought he results were good and down 8%!!!

[soundbuy] 02/12/2015 07:49

#IOM Peel hunt raise TP from 300p to 315p