Iomart Share Discussion Threads

[rivaldo] 12/6/2018 06:30

Another set of excellent results, with a very confident outlook going forward.

The licencing fee exceptional is a blot, but looks like a one-off and shouldn't cloud anything going forward given that bright outlook and the "positive" trading already in this new year:



"Current trading and outlook

We are delighted to report another year of excellent results, with increased revenues and profits and the completion of a number of acquisitions, augmenting the Group's customer base and skill set. Trading in the new year has continued in a similarly positive vein.

Since we embarked on our current strategy in 2007, we have successfully executed on our growth strategy, growing revenues from £8m to nearly £100m. We strongly believe that the market for cloud computing solutions we identified at the time presents us with as much opportunity now as it did then and that, together with additional acquisitions, will allow us to continue to execute successfully on the strategy we put in place at that time.

There is still a long runway of opportunity as the "IT as a service" philosophy and delivery unfolds, providing us with considerable scope for long-term, sustained growth. We therefore look to the coming year and beyond with confidence."

[killman2] 01/6/2018 17:31

i sell PFC and buy IOM....sky is the limit...due a takeover in this sector...

[bclissold] 01/6/2018 07:46

Peel Hunt buy 440

[jimbowen30] 22/5/2018 07:35

We should see further rises imo given the positive growth drivers of the business

[rivaldo] 21/5/2018 21:59

New highs here now. I think the final closing price today was 412.5p.

[rivaldo] 17/5/2018 12:40

Good to see IOM consolidating above 400p. Hopefully new highs to come any day - or today.

OT : SoundBuy, we seem to be in more and more stocks together :o))

[soundbuy] 25/4/2018 15:08

Few large(ish) trades over the last couple of weeks have paid a premium for stock, T20s??

Bit of a turn around........all good I'd guess

[soundbuy] 25/4/2018 14:34

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

[geoff21] 25/4/2018 14:21

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

[aishah] 25/4/2018 14:10

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 13:42

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 10:18

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

[rivaldo] 25/4/2018 10:16

Yep, hopefully new highs soon.

[soundbuy] 25/4/2018 09:49

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

[tedrux] 23/4/2018 19:56

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

[tedrux] 23/4/2018 19:53

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 15:56

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

[rivaldo] 20/4/2018 10:54

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 15:42

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

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

[robow] 06/4/2018 07:08

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

[rivaldo] 06/4/2018 05:34

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."