Iomart Share Discussion Threads

[rivaldo] 04/4/2018 09:38

Peel Hunt reiterate their Buy and 440p target:

[rivaldo] 02/4/2018 21:54

Positive stuff from the respected Techmarketview web site:



"Thursday 29 March 2018

iomart keeps up the consistency

A pre-close trading statement from iomart shows the cloud and hosting firm will hit growth of 9% in the year to end March 2018. Adjusted EBITDA grew at a similar rate to £39.8m.

The company’s Cloud Services segment has “continued to win a substantial amount of new business” during the 12 months, as the trend for buyers to seek external cloud specialists for guidance and ongoing management continues.

Acquisitions have played an important role in the development of iomart over the years, and in the year just closing that is no exception. The period sees a full year contribution from Cristie Data (a Stroud based data storage, backup and virtualisation solutions provider) and contributions from Dediserve, Simple Servers and Sonassi (all acquired in 2017). These acquisitions have all added to iomart’s geographical reach and expertise.

Meanwhile, the firm's Easyspace business (which provides hosting/web services to small and micro businesses), has performed in line with expectations, growing organically.

iomart’s approach is consistent, as is its performance (see iomart continues consistent cloud execution) – and we see no reason why it shouldn’t continue to do well in the market.

Full results are out 12th June."

[rivaldo] 29/3/2018 08:27

N+1 Singer reiterate their Buy and 465p target today.

[soundbuy] 29/3/2018 07:52

All reads well.........

[rivaldo] 29/3/2018 07:44

Peel Hunt retain their Buy and 440p target, whilst Finncap also retain their 415p target:

[nurdin] 29/3/2018 06:40

yes agreed.Pretty cheap on EV/EBITDA ratio of just 10x, although I dont like the EBITDA metric here.Nevertheless all in line and with EBITDA margins running at 40%,high level of repeat business and prospects in the cloud business growing all the time, IOM look to be in a sweet spot.

[rivaldo] 29/3/2018 06:09

Excellent trading statement today. Yet again.

Results nicely in line and showing good growth. A company in the cloud technology sweet spot in its sector. Lots of recurring income. A sound Balance Sheet. Etc etc.

Time for a re-rating:



"Given the sustainable nature of the market opportunity, a broadening product offering and a growing reputation within the cloud industry, the Board anticipates that growth will continue in the future."

"iomart has delivered yet another year of consistent growth. With a significant and sustainable market opportunity ahead of us, we continue to invest in our business and people to ensure we are well positioned for future growth. We continue to see strong demand for our services and remain confident in our prospects. Our healthy balance sheet, high levels of revenue visibility and our strong and increasing cash conversion leaves us in good financial health."

[bclissold] 26/3/2018 07:12

Peel hunt 440 target

[farhorizons] 02/3/2018 17:17

Good opportunity to buy then!

[soundbuy] 02/3/2018 16:46

Mugged on poor vols............zzzzzzzzzz

[soundbuy] 28/2/2018 16:46

zzzzzzzzzzz..........

[soundbuy] 21/2/2018 09:21

Aye, crossed my mind..........though not for the 1st time............. :)

[aishah] 21/2/2018 09:18

I'm wondering if there's some corporate activity in the offing!

[soundbuy] 21/2/2018 09:12

What happens when you remove a seller I guess....

[rivaldo] 21/2/2018 09:05

Nice start today....

[soundbuy] 20/2/2018 13:38

Kinda 'step' formation on the chart - always seems to take it to new highs.......that's my tech analysis :)

[rivaldo] 20/2/2018 13:34

Cheers Soundbuy, good news. I suspect today's news is simply bargain hunters taking advantage of an unwarranted dip.

[soundbuy] 20/2/2018 09:03

Hmmmm........




Nowt here..........

[davr0s] 20/2/2018 09:00

Fair amount of vol given we are less than an hour in. On track for 150k+ shares for the day, which is well above average

[soundbuy] 20/2/2018 08:57

Quick(ish) out the blocks this am.....nothing much in the way of vols but fair few O trades.....tipped or broker mention about?

[jamieb73] 11/2/2018 17:15

any idea why this is still dropping?

[soundbuy] 09/2/2018 12:50

Seller about too.......

[farhorizons] 09/2/2018 12:22

Has to be a great opportunity to buy at this level.

[soundbuy] 09/2/2018 12:06

Support around here..........not been a great couple of weeks......Iomart or market wise...


Not helped by exaggerated drops on the bid but hey ho...........thin market and all that....

[rivaldo] 16/1/2018 14:01

RNS - Octopus Investments have been buying. They now have 12.96m shares, or over 12%. this is up by over 1m shares since their last disclosure (July'17 of 11.85m shares):