Iomart Share Discussion Threads

[pj 1] 26/4/2012 13:08

No share price movement, more to come?

[gerri-c] 26/4/2012 13:07

Yes! I thought I was seeing things!

[nurdin] 26/4/2012 13:05

Blimey..1.4m trade at 141p...

[gerri-c] 26/4/2012 09:06

Nurdin,

It did occur to me that these could have been cross trades, e.g. transactions conducted at the same price.

An explanation from Investopedia:


A different slant from Wiki:

[matt123d] 26/4/2012 08:51

The offer price of 140p is the seller!

Possibly cleared out yesterday as now being bid 140p. If so this will move quickly higher.

[nurdin] 26/4/2012 08:20

Are you saying the seller is able to sell at the offer price matt?

[pj 1] 26/4/2012 07:29

Thanks Matt

[matt123d] 25/4/2012 22:34

Yes AT trades are on the electronic order book. There's a seller at 140p showing in blocks of 4400, the total order size is currently unknown. As soon as they are cleared supply of stock will be limited.

[pj 1] 25/4/2012 17:04

Are the 4400 and 2200 buys from Direct Market Access? Still not sure why the buys would be drip fed though...........

[matt123d] 25/4/2012 16:12

140p resistance is a big one, been holding it back all year! As soon as it breaks 150p will be reached in a blink.

[nurdin] 25/4/2012 16:11

Indeed.What is even more puzzling is,why hasnt the share price rocketed?

[gerri-c] 25/4/2012 15:47

I prefer those 16,020 trades ;-)

[pj 1] 25/4/2012 15:30

Never seen it like that before..!! Looks like a nice upward trend forming though...

[nurdin] 25/4/2012 15:12

26,400 shares bought in 4400 lots.Weird

[nurdin] 25/4/2012 12:22

yes strange that...and all at the full asking price too.

[gerri-c] 25/4/2012 12:20

What's with the 4,400 Trades? Curious....

[nurdin] 20/4/2012 18:58

Quite a few decent sized buys today...that 50k being one. ;o)

[pj 1] 13/4/2012 14:26

Am expecting a Rise to Profits, so went long last week as well as hlding, hope so

[droid] 13/4/2012 14:13

Let's hope so Gerri - bout time we had another run.

[gerri-c] 13/4/2012 14:06

Is that an inverse head & shoulder pattern forming?

[nurdin] 30/3/2012 09:18

k01...high PE is of little significance as long as the company delivers earnings growth % wise well above the PE.That is PEG is below one.IOM are currently trading on a PEG of 0.3 from memory.That is seriously cheap.

[nurdin] 30/3/2012 09:15

Citywire write up:

Fraser Mackersie buys more shares in Iomart
Fraser Mackersie, manager of the Unicorn Free Spirit fund, has upped his stake in cloud computing firm Iomart.

Mackersie purchased 30,000 shares in Iomart, bringing the fund's total position up to 250,000 shares.

The fund manager pointed to Iomart's growth potential, particularly as organisations look to reduce costs and risk by outsourcing their infrastructure needs.

'The company is profitable and cash generative with a strong balance sheet. High levels of recurring revenue provides excellent earnings visibility and exposure to the growth in demand for cloud computing services makes this a core holding in the Unicorn Free Spirit fund,' Mackersie said.

Iomart revealed a 112% earnings per share increase and revenue growth of 36% during the first half of 2011, while a recent trading statement confirmed that strong sales momentum has continued into the second half of last year.

[k0108356] 30/3/2012 08:47

Nurdin any chance of a link for that?

[k0108356] 30/3/2012 08:46

Morning Traders

Bought me some Iomart yesterday:

*In the Software and Computer Service's Sector, up 33% since August 2011. Part of Cloud Computing Services (next big thing amongst all those corporate co's and their IT services so a "hot sector")
*PE typically high for a company in this sector around 45
*Lovely uptrend since August 2011 and has shown a bullish flag for the last month. Think we 're seeing a move out of this bullish flag to the upside
*Chart shows a marked breather last few days with a Hammer on 26/03/2012 marking out a bottom for now? Good volume on the 27/03/2012 which would suggest the Hammer has allowed buyer's back in
*Stochs/RSI turning up, ADX 27 so a strongish trend in place
*MACDs about to cross and under 0 with the MACD Histo now also turning positive
*Doesn't like staying below that 50EMA and 200EMA hasn't been hit for over 2 years

KullyB