Iomart Share Discussion Threads

[rivaldo] 03/6/2019 07:17

Peel Hunt reiterate their Buy and 520p target:

[rivaldo] 06/5/2019 07:45

To clarify, IOM are on a current year P/E of 16.9 based on forecast 21.4p EPS (with a 2.4% divi yield).

One of the other reasons for IOM to claim a higher rating is that recurring income is hugely reassuring at over 90%.

The free cash yield is at 5.1%.

With further acquisitions likely from existing resources on a sound Balance Sheet the analyst target of 450p looks reasonable to me at present.

[nimbo1] 06/5/2019 05:34

I am personally hoping top line growth accelerates due to their sales and marketing efforts as spoken about in the recent april update.

[tim1478] 05/5/2019 16:41

One of my larger holdings. Difficult to value. With p/e 18ish and growth this year around 4-5% there is a case that it is overvalued ---- but it is in a sector of the market with high valuations, has good cash generation and good finances. The price is high on hope which if realised could see a good growth over the next few years as over the last ones. If however growth remains at 4-5% or less, I fear a de-rating and a significant fall in share price. Price is below the 200 day ma and on 50 ma. Support is 300ish. Any fall below that might suggest a loss of confidence in the market. I have had a stop loss at 295 for some time. Once I was in significant profit. -- perhaps I should have taken it!

[nimbo1] 03/5/2019 12:21

Just took a position here

[mfhmfh] 03/4/2019 11:24

top-up opportunity. IMO.

[rivaldo] 03/4/2019 08:58

Finncap's update summarises as follows:

"Full-year trading update

iomart has reported a full-year trading update indicating EBITDA of £42.2m
(£43.3mE) from revenue of £104m (£105.5mE). The consistent combination of
organic and acquired growth continues to deliver EBITDA margins of 40% and
adj PBT margins of 25%, with recurring revenue in excess of 90% – and yet a free
cash yield above the norm, at 5.1`% for FY (March) 20. Target 450p reiterated....

....Given the visibility of recurring revenue, the balance sheet remains strong and continues to offer potential for further acquisitions, with free cash flow of £19m into FY20. Forecasts are fundamentally freehold, any mild change to revenue offset by the LDEX contribution. Target 450p reiterated."

[rivaldo] 01/4/2019 12:42

Peel Hunt say Buy, with a 520p target:



Shore Capital also say Buy - no price target is disclosed.

[rivaldo] 01/4/2019 06:22

Good year end trading statement today. PBT is just slightly less than Finncap's forecast by a mere 2% or so, so EPS should be around 19.5p, with 21.4p EPS forecast this year.

This sounds most promising:

"The early benefits of this effort started to flow through in the second half of the financial year with an increase in new lead generation from both new and existing customers. This has delivered a strong finish to the year with a significantly larger pipeline of prospects than this time last year and we enter the new financial year with confidence."

And the outlook is similarly confident:

"iomart has delivered yet another year of growth with strong profitability and cash flow underpinned by our recurring revenue business model, diverse customer base and attractive market position.

"The Group's large and building sales pipeline, combined with high levels of visibility and a significant market opportunity, leaves the Board very confident in the outlook for the new financial year, as well as the long term prospects for the Group."

[1nf3rn0] 04/3/2019 12:35

I bought in here a couple of months ago as the share price started to recover, but I must admit I find the intra-day price swings quite surprising for a +£400m business, especially on what generally seems fairly low volume.

[mfhmfh] 04/3/2019 12:25

what happened at 12pm? tipped somewhere? takeover target?

[farhorizons] 26/2/2019 17:36

Great video! 400p+ here we (should) come!

[macc1] 26/2/2019 17:01

new investors video with Scott Cunningham:

[mfhmfh] 11/2/2019 14:14

bit of resistance around 390p...after that hopefully share price can push nicely into the 400s.

[gargoyle2] 04/2/2019 17:43

Thanks mfhmfh. Good to know.

[mfhmfh] 04/2/2019 11:24

Peel Hunt today reiterate buy rating and 520p target price.

[mfhmfh] 31/1/2019 15:14

LIONTRUST INVESTMENT PARTNERS LLP above 16%.

hopefully share price has broken past this 360p resistance and onwards to 400p at least.

[rivaldo] 31/1/2019 15:00

Liontrust are buying, now above 16% with 17.55m shares:

[rivaldo] 10/1/2019 23:04

It seems IOM are one of the IC's Tips of the Week tomorrow - hopefully there's a nice bounce coming:



"Tips of the Week 6 hours ago
The silver lining to Iomart’s cloud"

[mfhmfh] 10/1/2019 23:03

One of IC's tips of the week

[mfhmfh] 27/12/2018 08:31

tech shares bounced well yesterday in the US.

Cheap at current price IMHO.

[vb6] 24/12/2018 14:49

What's happening to this?Down 9% on Christmas Eve. Yours Bah Humbugvb6

[mfhmfh] 11/12/2018 11:16

tech stocks did well last night in the USA. looking for this to go back to 400 in the short-term hopefully.