Iomart Share Discussion Threads

[mesquida] 10/1/2011 15:10

Looking at the trades today I would suggest that the marketmakers have a large buy order to fill in - no way would they keep the price steady in the face of all these sales otherwise.
Memo to self - must remember never to find myself on a sinking ship with all these Red Hot Penny Share punters - they certainly would not be interested in forming an orderly queue for the lifeboats!

[lascala] 07/1/2011 10:09

Yep excellent series down under! Looks like Red Hot Penny shares recommended a sell "We have just about doubled our money here in about sixteen months and I am content with that."

[wh1spa] 07/1/2011 08:36

Hey anyway least we trounced the aussies!

[wh1spa] 07/1/2011 08:35

6:1 level 2
lets hope the fall may trigger some buying

[wh1spa] 07/1/2011 08:15

and the pre crimbo announcement saying that directors were selling due to insti demand!

[wh1spa] 07/1/2011 08:14

unless its gartmore reducing again

[mesquida] 07/1/2011 08:13

Obviously tipped somewhere as a sell given the nature of the trades so far today - perhaps this is down to one of those tipping services that pushed it up in a straight line from 70 to 100. Would love to see a copy of their own internal dealing records!

[wh1spa] 07/1/2011 08:09

Anyone any ideas as to the fall?

[rockafella2] 05/1/2011 21:21

Interview with Angus MacSween on Stockopedia -

[lascala] 05/1/2011 16:30

Interesting and informative interview with Angus MacSween CEO iomart Group via: Stockopedia

[wh1spa] 16/12/2010 16:55

mmmmmm more fishy trades

[wh1spa] 16/12/2010 04:14

Looks like Gartmore Growth Opportunities has left the building.

[wh1spa] 16/12/2010 04:08

Looks like Gartmore are still selling. Coupled with the previous RNS I wonder who is picking them up.

[lascala] 15/12/2010 07:52

iomart's interim report to 30 September 2010 has been published. PDF link here:

[wh1spa] 14/12/2010 16:36

Re RNS "to satisfy institutional demand." I like that!

[wh1spa] 14/12/2010 13:42

Hmmmm more sizeable trades gone through!

[nurdin] 10/12/2010 17:33

wow yes...thank you for highlighting..missed that!

[charlotteandcressida] 10/12/2010 17:02

1 million purchase goes through and no mention here?

[2vdm] 03/12/2010 10:07

From RHPS yesterday...."IOMART (IOM): Interim results from web hosting and data centre group Iomart revealed a 36% increase in revenues, a doubling of profit and a strong financial position with net cash of £5.3m. Iomart is seeing continuing growth. With its data centres operating at just 35% of full capacity, it has no immediate need for major investment. Iomart believes that it can find £700,000 of synergy benefits from the newly acquired Titan Internet business, principally through using its own rather than third party data centre capacity. This makes it an attractive acquisition. More could follow. Meanwhile coinage of the term 'Cloud Computing' has alerted corporate bosses to the possibility of off-loading computing requirements and cutting down IT staff. According to IT analyst TechMarketView, UK spending on cloud computing services will double within the next two years to over £1.2 billion. The shares seem to be in a consolidation phase but ther e should be more to come in time. My target remains 140p and BUY UP TO 90p"

[yoyoy] 29/11/2010 18:38

Cloud computing - everybody is at it

Phoenix IT report their Interims today and included this statement.

"We remain increasingly well positioned to take advantage of the move to a new era in IT infrastructure, often known as the "cloud" and during the last 18 months the Group has seen significant growth in its data centre and hosting related businesses"

It also seems that any company offering "business continuity services" is also now including cloud computing.

[farhorizons] 29/11/2010 11:17

It is good to hear on's assumptions about the company's future borne out by such a clear statement from the CE.

[cat] 29/11/2010 10:30

LONDON (Dow Jones)--U.K. Computing services company Iomart Group PLC (IOM.LN) is poised to benefit for an explosion in demand for outsourced IT services known as "cloud computing", the firm's chief executive said Monday.
"I have never seen something happen quite as quickly as this," Angus MacSween told Dow Jones Newswires. Six months ago around one-fifth to one-tenth of enquiries from potential customers related to cloud computing; now it is roughly nine out of ten, he said.
Cloud computing is a form of outsourcing where computer services are hosted on a third-party's servers, and delivered remotely over the Internet.
MacSween said the attitude of firms' IT departments has changed. Whereas once they were reluctant to cede control of new projects, now they look to outsource "from the word go".
Earlier Monday the firm reported more than doubled pretax profit, and said favorable market conditions leave it well placed to deliver further strong growth.
Iomart owns five datacenters in the U.K., which are currently running at about one- third of their capacity, giving the company plenty of room to grow its revenue without investing in new infrastructure, MacSween said.