Iomart Share Discussion Threads

[soundbuy] 25/4/2018 15:34

Hmmm.......thought had crossed my mind........but it has periodically over the yrs.....

[geoff21] 25/4/2018 15:21

Takeover on the cards?? A very robust share price movement in a very soggy general market.

[aishah] 25/4/2018 15:10

iomart is delighted to be a sponsor of IP EXPO Manchester which takes place on 25th and 26th April 2018 at Manchester Central.

Come and meet the only cloud company with 20:20 vision on stand U686 and join us in the networking lounge along with our colleagues from iomart’s storage specialist Cristie Data.

iomart is the only U.K. cloud company to combine 20 years of delivering digital transformation projects with the expertise, infrastructure and technology agnostic approach to be your cloud partner for the next 20 years.

Our consultants can help you choose the right cloud for your business requirements; our architects can design and build you the optimum cloud environment; our U.K. and global data centres can secure your data; and our skilled technical teams and account managers can provide ongoing support and cloud management.

[rivaldo] 25/4/2018 14:42

Results are only 6 weeks away - and the trading statement has now confirmed that IOM had a good year and are confident about their prospects.

A run-up prior to and then hopefully after the results too would be logical.

[soundbuy] 25/4/2018 11:18

Seller gone after a few months one would hope - results some way off so hardly buying ahead I'd assume..........

[rivaldo] 25/4/2018 11:16

Yep, hopefully new highs soon.

[soundbuy] 25/4/2018 10:49

Breakout not far off.............blue sky above 420p....

[tedrux] 23/4/2018 20:56

Good day. What's with the rise in sp?

[tedrux] 23/4/2018 20:53

I operate in cloud services and UK public sector don't generally favour AWS. They prefer UK companies for information security. Especially those with sensitive information. Strangely enough Azure is popular. But G-Cloud accreditation by UK data centre is the preferred for government data (AWS are Ireland). Not sure if this matters to AWS though as they have a huge share in commercial markets.

[soundbuy] 23/4/2018 16:56

Seller gone? None too shabby a day...........

[rivaldo] 20/4/2018 11:54

The IC have just today published their new AIM 100, the guide to the junior market. And in at no.52....



"52. Iomart

According to market intelligence provider IDC, global spending on public cloud services and infrastructure is set to reach $160bn (£114bn) in 2018, a rise of 23 per cent on last year. Reassuring news - you’d think - for cloud computing companies everywhere, Iomart (IOM) among them.

It’s rarely that simple, and Iomart must operate in a crowded market within which giants such as Amazon Web Services (AWS) compete. But in terms of public sector cloud hosting, the Aim company’s broker Shore Capital notes that AWS primarily handles very large contracts with knowledgeable customers, whereas Iomart’s skills and consultancy benefit medium-sized enterprises “without deep IT skills”. Clearly, there’s room for both markets. For Iomart, a historic combination of organic growth and well-integrated acquisitions points towards continued momentum.

Encouragingly, a recent trading update for the group’s financial year to March stated that sales and adjusted pre-tax profits would meet consensus expectations – unsurprising given Iomart’s high levels of recurring revenue. At 365p, the shares trade at 20 times finnCap’s forecast adjusted EPS for FY2018, which we think offers reasonable value for a growing computing company with a healthy dividend yield. Buy."

[soundbuy] 13/4/2018 16:42

Another bounce off this level..........??

Getting a tad tedious over the years........zzzzzzzz

[robow] 06/4/2018 08:08

was also tipped in last weeks Moneyweek as an alternative tech play for money fleeing the faangs

[rivaldo] 06/4/2018 06:34

Tipped in this week's IC - and the tip is also featured in the FT too:



"Buy: Iomart (IOM)

Cloud computing group Iomart (IOM) expects to report revenue growth of about 9 per cent for its March 2018 year-end, in line with consensus forecasts writes Harriet Clarfelt. Expected adjusted pre-tax profit of £23.9m, up 7 per cent on 2017, also meet market estimates.

Segmentally, cloud services won a “substantial” amount of new business over the period — buoyed by the first full-year contribution from Cristie Data and new sales from Dediserve, Simple Servers and Sonassi, the three businesses acquired between May and November 2017.

Panmure Gordon notes that Iomart’s growth appears to have endured despite the progress made by the larger cloud providers, a trend the broker expects to continue.

At 362p, shares in Iomart are up on our original buy call (238p, Aug 27 2015) and trade on a multiple of 20 times Panmure Gordon’s forecast EPS of 18.3p for the 2018 financial year — not hugely demanding for a software company demonstrating strong growth. The group launched its maiden half-year dividend in December, meaning there’s now income to boot. Buy."

[rivaldo] 04/4/2018 10:38

Peel Hunt reiterate their Buy and 440p target:

[rivaldo] 02/4/2018 22:54

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 09:27

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

[soundbuy] 29/3/2018 08:52

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

[rivaldo] 29/3/2018 08:44

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

[nurdin] 29/3/2018 07:40

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 07:09

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 08:12

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