Iomart Share Discussion Threads

[gerri-c] 29/4/2013 11:35

A little resistance maybe around 244p, then a run up to the next level?

[nurdin] 29/4/2013 09:32

Looks like on the verge of a decent breakout !

[gerri-c] 22/4/2013 14:16

LONDON--(BUSINESS WIRE)--April 22, 2013-- RapidSwitch, part of UK cloud computing company iomart Group plc (AIM:IOM), is providing dedicated hosting for a new B2B online marketplace which is changing the face of the global trade in recyclable materials.

[gerri-c] 27/3/2013 10:02

Some nice buying...

[birdsedgeuk] 26/3/2013 10:09

Good trading update.I've bought in aft seeing on www.traderdiary.co.uk and doing research.Holding to results for me

[idomeneo] 26/3/2013 09:47

Do we know how the ebitda translates into eps? Rather lacklustre response to the statement. I'll be interested to see if there are any new broker forecasts as a result of this.

[rovers2] 26/3/2013 07:59

Can we break 240?. Now we know why the big buying of late.

[lascala] 26/3/2013 07:43

Posted on company website this morning: UK cloud company iomart Group plc expects pre-tax profits to top £10 million

[georgeg2] 26/3/2013 07:10

Great trading statement. This can only go one way!The Board is delighted to report that iomart has achieved a very strong set of results. For the year to 31 March 2013, the Group expects to show an adjusted EBITDA(1) of not less than GBP16.4 million (FY2012: GBP11.2 million) and adjusted(2) profit before tax of approximately GBP10.6 million (FY2012: GBP6.9 million) both ahead of market consensus. The Group has delivered strong organic growth as well as good performances from its acquired businesses and the Board sees that pattern continuing as further consolidation takes place.

[georgeg2] 22/3/2013 13:13

Great. Thanks.Fingers crossed for something positive and this could tackle 240 again!

[rovers2] 22/3/2013 07:45

Monday GeorgeG2.

[pj 1] 21/3/2013 17:00

Possibly a pre-close to match last year, otherwise Results approx 29th May 2013

[georgeg2] 21/3/2013 16:55

Is there a trading statement due for iomart anytime now?

[1356] 13/3/2013 10:06

Thanks... Rackspace have fallen a fair bit recently, but then according to Yahoo they are still on a PE of 72.5! so growth still hugely anticipated.

There's no doubt in my mind that managed hosting ("cloud") is growing at a frantic pace... there's not a software company that's not attempting to move their models to the cloud... the question is how is Iomart performing in that space.

From the Interims, there are three acquisitions to the Managed Hosting division, meaning second half year-on-year sales should increase. These look to be profitably improving the hosting division already judging by this statement in the Interims:

"We are continuing to integrate our acquisitions to eliminate unsupported legacy and duplicate platforms and to ensure an efficient delivery mechanism to customers. This has seen continued success and improved profitability across the board."

And the outlook:

"Trading in the second half of the year has begun well as the trend to outsource more and more services and infrastructure into the cloud accelerates."

apologies... doing my justification in public, but writing it down helps, and hopefully it'll be of use to some of you.

I'm holding on for a positive update.

[matt123d] 12/3/2013 23:14

Worth taking a look at Rackspace for guidance.

[1356] 12/3/2013 17:50

As a holder i find this period interesting... and investors with different goals will see this different.

I bought in a year and a half ago at 110p. And haven't sold/bought since.

Some people are selling due to nerves ahead of the likely trading update...... or are people re-balancing due to end of tax year...... or are people thinking its fully valued at this price, and the market may react badly if they announce they are merely trading in line....... or, maybe - hopefully - the shares will rally into the end of the week.

I've noticed with a few growth-stocks at the moment, that even the slightest wobble against guidance and the shares take a hammering...... SDL and Anite come to mind.

Interested to know if anyone has a view on current trading.

[clive22mac] 12/3/2013 16:59

3 buys for 140,000 shares at 16.45 pm ?

[1356] 12/3/2013 13:02

Are we due a trading update on Monday?

Any predictions?

[pj 1] 04/3/2013 20:59

hmmm, not currently holding but this is high on my watch list. However hasn,t this been re-rated x3 times in the last year? Where have the shares been hit........that's lost me a bit......:-//

[cutlosses] 04/3/2013 20:55

See IOM tipped by Shares Magazine, states " should be set for for a rerating. The Shares have been hit by the poor performance of a rival, but organic growth at the firm should hit 20%".

[tech] 19/2/2013 14:48

Looking for next leg up

[nurdin] 13/2/2013 10:15

IOM responding...could be a nice breakout here

[1356] 13/2/2013 09:37

Strong revenue growth from TCY this morning bodes well...

[gerri-c] 02/2/2013 12:14

Iomart cashes in on rivals' desertion of email security market