Iomart Share Discussion Threads

[cutlosses] 28/9/2014 15:19

Thank you L - I won't worry about it.
I would be happy to get in at about 225p

[lozler] 27/9/2014 21:38

Hi, not in here but always wanted to buy this near 200p but never got the opportunity. The RNS just means there's an auction extension for people to swap shares, it's quite common and nothing to worry about.

[cutlosses] 27/9/2014 15:02

Thinking of getting back into this - but would also have liked to have understood the RNS.
Any plain English explanation would be very welcome...

[gohilster] 26/9/2014 17:14

Bizarre share price action at the close and strange RNS. Can anyone explain in plain English what it means....?

[gerri-c] 25/9/2014 11:48

Only sensible :-)

[gohilster] 24/9/2014 17:32

Naked Trader bought in again in two lots.

[gerri-c] 19/9/2014 08:10

That's quite a spread this morning...

[worsleybird] 18/9/2014 10:24

Opodio - please enlighten us with your analytical skills and provide details of what in the accounts (besides the obvious excellent figures and well run company) provokes "the bidder to soil their nappies"? I am intrigued.

Personally Iomart are looking after their shareholders to ensure a sensible offer price is on the table (which is well north of £2.85) possibly around the £3.50 - £4 mark.

Now a pi value buyer realises this and buys at the £2.20's, and holds for the next trading update where am I sure the management team will go all out to show more potential suitors just why they refused the low ball chancer bid, and why we will get a better offer. As an ex-cove beneficiary making £7K profit in one day from refusing to sell - I am speaking from experience.

[opodio] 18/9/2014 08:15

opodio 24 Jul'14 - 10:37 - 1078 of 1110 0 0 edit

months of due diligence and uncertainty and then the bidder soil their nappies when they look closely in the accounts and not go any further imho

nurdin 24 Jul'14 - 10:40 - 1079 of 1110 0 0

Thats a very libelous statement opidio !





How right i was

[worsleybird] 18/9/2014 08:13

Plays update: Iomart Iomart (IOM:AIM) 230p Shareholders in managed services data centre operator Iomart (IOM:AIM) might be a little perturbed by Host Europe’s decision to walk away from takeover talks given this week’s 12.5% share price slump to 230p. But that would be very short-termist. Our original Play of the Week at 245p (3 April) made the long-run investment case, and we stick firmly to our guns now that management can get on with the day job without distraction. Play update IOM Many in the City are puzzled by the share price weakness for much of 2014 but, as we did on 31 July, we remind readers of Iomart’s consistent buy-and-build growth, 49% earnings before interest, tax, depreciation and amortisation (EBITDA) margins, and 90%-odd recurring revenues. Management’s confidence in meeting expectations this year is another plus implying 21% revenue and 24% EBITDA growth to £67.2 million and £29.2 million respectively. We believe medium to long-term shareholders will be left laughing last, and longest. We continue to see long-term upside potential in the stock with perhaps 350p or 400p not an unrealistic target.

[gerri-c] 17/9/2014 22:26

The 'Scottish Question' was addressed earlier:

[worsleybird] 17/9/2014 13:13

Correct me if I am wrong but IOM HQ base is Glasgow - this may have put the wind up the bidders in view of the Scottish Referendum. Sure there are plenty on the sidelines waiting for Friday's result. After all IOM is a successful company at the end of the day, AIM market obviously a drawback.

[gerri-c] 17/9/2014 08:54

As did others, I picked up a few more yesterday, hopefully at gift prices.

[supersturrock] 16/9/2014 21:33

Have you looked at the bookies' odds on the referendum. A No vote is 4 to 1 on. So do you follow the bookies or the polls ?

[ianst99] 16/9/2014 17:56

Why buy now with a possible YES vote in the referendum.
My view is they will be back with 300p in 6 months time if there is a NO vote and the business forecasts hasn't changed.
If you were the bidders would you buy just now or wait with an understanding that 300p will be accepted in 6 months time.
When they made their offer for IOMART the referendum wasn't a big deal.

[worsleybird] 16/9/2014 10:03

Management took money off the table last year 1 October 2013 at 275p via a placing, and analysts agree that to giving those investors a reasonable return must be a bare minimum from any takeover.

Now if you were one of those shareholders buying in at £2.75 would you be happy with nil or a 10p profit on a bid - would you vote for a takeover ????

[dlku] 16/9/2014 09:12

But what did the bidder see that they did not like? The black hole of calcutta in the accounts?

[worsleybird] 16/9/2014 09:11

Article shares mag July 14

Managed services data centre operator Iomart (IOM:AIM) surprised the market last week by admitting to receiving two takeover offers, one at 275p per share, then another at 285p. We are not in the least bit shocked that management wasted no time in firmly rejecting both bids and believe that a far higher offer is required to tempt shareholders.

A Shares Play of the Week most recently 3 April at 245p, we remind readers to consider Iomart’s consistent buy-and-build growth, 49% earnings before interest, tax, depreciation and amortisation (EBITDA) margins, and 90%-odd recurring revenues. Management took money off the table last year 1 October 2013 at 275p via a placing, and analysts agree that to giving those investors a reasonable return must be a bare minimum from any takeover. That the share price has budged less than 10% since the announcement shows that a successful bid is unlikely, but you never know.

We continue to see long-term upside potential in the stock with perhaps 350p or 400p not out of the question, assuming management is allowed to get on with its day job. (SF)

[soundbuy] 16/9/2014 08:31

Well, didn't expect that.....:(

[opodio] 16/9/2014 08:12

bag them and take them to the civic amenity site

[stegrego] 16/9/2014 08:12

Bagged some more at 210p

[farhorizons] 16/9/2014 08:03

We should be told why it isn't going through, given board support.
Personally I believe that the value will ultimately be better than the bid, provided investors are patient.

[opodio] 16/9/2014 07:45

iomart has released a statement confirming Host Europe/Cinven does not intend to make a formal offer for the company, with no explanation from either party


funny how it started to fall yesterday

must be a can of worms, scottish worms