Iomart Share Discussion Threads

[trader536] 06/5/2021 18:11

SI - fancy seeing you here. This one popped up on my scanner today....

[countryboy] 06/5/2021 13:16

Looks like the Capital Markets Day impressed.

[gargoyle2] 06/5/2021 10:15

Is this old dog starting to bark?

[scepticalinvestor] 06/5/2021 10:14

looking good, at last!

[r2oo] 29/4/2021 07:28

Spreads always tend to be wide in early trading especially on smaller slightly illiquid stocks.

[scepticalinvestor] 29/4/2021 07:08

wht the hell is with that spread?! 270 / 281

[scepticalinvestor] 27/4/2021 16:00

crikey my only blue share today

[farhorizon] 27/4/2021 09:05

Probably a very good decision.

[scepticalinvestor] 27/4/2021 08:18

Took the plunge at 275p...let's see what happens

[scepticalinvestor] 26/4/2021 06:54

Why the low mcap? Seems a well run co. An equity raise on the cards?

[wh1spa] 08/4/2021 14:47

Perhaps IOM will have a pop at IDE. They have a datacenter in Bournemouth, a nice contract with Atos and their Dartford lifecycle outfit is apparently doing quite well. Dobbie being ex Iomart and a large IDE Group shareholder will probably be glad to see some return from what was once Cupid. (Albeit a pittance compared to the heady days of CUP)

[hanilton 09] 08/4/2021 09:40

Seems to be against the trend upwards in cloud. Think it’s got a way to fall

[zipstuck] 08/4/2021 07:21

Wondering if the acquisition strategy is to be funded by a placing following the capital markets day.

[gopher] 07/4/2021 17:10

They fell further after my post this morning, always interesting to see what happens after first markdown. The founder CEO retired last year my thoughts now are as posts here allude; there is now pressure on the new CEO to deliver.

[varies] 07/4/2021 13:18

Nasty fall today.
I sold a few at 310p this morning but should obviously have sold more.
if I had sold the lot, then this mooted offer of £4 would have materialised at once.
It may yet come but I see it as unlikely.

[gargoyle2] 07/4/2021 12:17

Didn't the board here reject a takeover offer a few years ago? I can't recall, but I think there was an offer on the table at around £4. The sooner Macsween finds a buyer for his stake and the company gets taken private the better imo. Looks like a long haul otherwise.

[harrida5050] 07/4/2021 12:01

Looks expensive now that growth has slowed

[varies] 07/4/2021 09:50

IOM is to continue its "transition away from legacy self-managed infrastructure revenue to managed cloud revenue", the latter carrying a lower profit margin in the short term. In my experience as an investor I have found that transitions from any legacy business always take longer than predicted.
Since we are now in a new tax year, I am tempted to take my profits here and seek a more promising alternative. IOM seems to have stopped growing for the time being and a PE ratio of 24 seems high.
We are assured that prospects for the longer term are promising but I have seldom read a statement from any company chairman that does not contain this assurance !

[gopher] 07/4/2021 08:49

Results today contained no real surprises and much the same as 19/20 seems a fair result. Balance sheet is rock solid.

If growth resumes in 20/21 then look reasonable value at this level

[gargoyle2] 03/3/2021 14:18

Another small director buy on the way soon? They seem to try to prop up the share price when it gets close to 3 quid.

[2bluelynn] 12/2/2021 13:13

Today Friday and Some large trades going through which is unusual !

[thamestrader] 01/2/2021 15:20

...and every time it dribbles lower I think 'should I top up?'. And then I look at the chart and think 'naaaaagh'

[gargoyle2] 01/2/2021 15:16

Couple of big sells today -- 170k and 159k. I wonder if that's MacSween cashing in a few. In the meantime, the share price just dribbles lower and lower.

[2bluelynn] 27/1/2021 21:14

Looking at Divi of 2.60 pence paid on the 29th of Jan 2021

[gleach23] 26/1/2021 13:46

I'd always rely on latest results for divi info thamestrader