Iomart Share Discussion Threads

[rogerbridge] 20/9/2010 07:51

Goood future here.

[nurdin] 20/9/2010 07:25

Yes a cracking IMS .

With high operational gearing the revenues from these new contracts will fall straight to the bottom line imo.Half year report will make an interesting read !

[yoyoy] 20/9/2010 07:09

Why now and not with the trading update at the end of Sept?

Very nice anyway

"Iomart Group PLC
20 September 2010

?
iomart Group plc

New contract wins help iomart Hosting rise into the cloud

iomart Group plc (AIM:IOM), the managed hosting and cloud computing services
company, has continued to generate strong organic growth, particularly in its
iomart Hosting business, where it is currently adding 30 - 40 contracts per
month from both new and existing customers.

These wins include several large and complex contracts, reflecting the
continuing trend among mid size corporates to outsource all or part of their IT
services to the cloud. Seven of the contracts won each had a total contract
value in excess of GBP100,000 and collectively had a value of over GBP2.5
million.

New customers won include UK travel agent Flight Centre, leading TV production
company, Shine TV, producers of hit series such as Masterchef, Merlin and Got To
Dance and software distributor Softcat a leading provider of software licensing,
hardware, security and related IT services to corporate and public sector
organisations. For both Flightcentre and Shine TV, iomart Hosting is providing
the customer's critical front end web presence on a managed basis.

In the case of Softcat, iomart Hosting is providing a complex hosting
environment to support Softcat's blue chip clients.

Angus MacSween, CEO of iomart commented:

"We are delighted to be announcing these contract wins which validate our
strategy of focusing on delivering services from within every layer of the cloud
based hosting model, from the core infrastructure service layer to the complex
application hosting layer.

We are witnessing an accelerated adoption of cloud computing and cloud services
among enterprises and the size and scale of deployments is also growing.
Businesses are thinking far more strategically about cloud services and the
benefits that they will bring to their IT operations over the next few years.

We are very well placed to take advantage of this fast growing market and fully
intend to capitalise on our innovation, proven capabilities and growing
reputation in this fast growing and exciting market."

The group intends to issue a half-year pre-close trading update around the end
of September.

[wh1spa] 07/9/2010 15:29

Just been told its US based.

[farhorizons] 07/9/2010 11:58

With some increased liquidity in the shares a real valuation is possible.
The company is clearly doing well and with visibility of revenues going forward (data centre customers are inevitably "sticky"), continuing organic and customer growth, massive available capacity, scalability and a warchest for further earnings-enhancing acquisitions has a long way to go still. It has to be an excellent long-term hold.

[lascala] 07/9/2010 10:56

Wh1spa - any idea who?

[wh1spa] 06/9/2010 12:14

Maybe they'll wait until the pound takes a bit of a tumble before pouncing.

[wh1spa] 06/9/2010 11:24

Done a bit of digging. It seems that a US co has Iom in its sights.

[wh1spa] 03/9/2010 15:53

something afoot?

[wh1spa] 04/8/2010 11:42

Blimey - only been away a few days and look whats happened to the share price I should go away more often! Still maintain that Iomart are prime T/O targets, but with increasingly good results at what price?

[gerri-c] 02/8/2010 11:43

removed - wrong thread

[trustman] 02/8/2010 11:42

is there a more up to date thread....this one on the move!

[yoyoy] 02/8/2010 08:47

btw - hold both

[yoyoy] 02/8/2010 08:46

TCY interims out today and showing strong continuing growth.

"Highlights
- Revenue up 13.9% to GBP93.7m (H1 2009: GBP82.2m), with constant currency
revenue growth of 14.7%
- EBITDA(1) up 29.0% to GBP37.9m (H1 2009: GBP29.4m)
- EBITDA margin up to 40.4% (H1 2009: 35.7%)
- Adjusted(2) profit after tax up 30.4% GBP17.6m (H1 2009: GBP13.5m)
- Adjusted diluted earnings per share up 27.5% to 8.8p (H1 2009: 6.9p)
- Cash flow from operating activities up 30.6% to GBP42.9m (H1 2009:
GBP32.8m)
- Additional 2.6MW of capacity announced for Stockholm
- Acquisition of further capacity in Manchester initially providing 1.4MW of
customer power
- Total announced capacity up to 92MW (H1 2009: 60MW)
- New GBP200m, five-year senior debt facility arranged in the period "

[hyper al] 02/8/2010 07:59

sounds like it's getting ramped, all these little tips appearing.

[lascala] 02/8/2010 07:55

iomart - Tip of the Day on UK-Analyst.com: Buy Iomart (IOM) at 65p Says James Faulkner of specialist small cap website WatsHot.com

[nurdin] 30/7/2010 08:42

wow whats going on here? Suspect news of an acquisition has leaked out...:o)

[hyper al] 30/7/2010 08:32

mesquida

or ramped, is just as plausible - but where?

[rogerbridge] 30/7/2010 08:18

Don't know but the future prospects are bright here.

[mesquida] 30/7/2010 08:14

Obviously been tipped somewhere - but where?

[daicaprice] 29/7/2010 19:49

Unlucky, feeding time at the zoo.

DC

[farhorizons] 21/7/2010 11:31

Fascinating to see extension of iomart capabilities helpfing companies in their overseas services offering.
I look forward to further company news to boost expectations at the AGM next month.