IS Solutions Share Discussion Threads

[cfro] 02/2/2016 08:26

Thanks Ic2,

those forecasts still look a little light to me, especially 2017 which looks very conservative.

[interceptor2] 02/2/2016 08:06

Finncap new estimates =

2016, PBT £3.50m and EPS 7.80p
2017, PBT £4.00m and EPS 8.90p

At 122p even after yesterdays 30% increase, ISL are on a PER of 15.7 for current year and 13.76 for next year, seems still good value for company in such a fast growing sector and has the confidence to already announce that trading next financial year is expected significantly ahead of market expectations.

They have a strong balance sheet with net cash and interest cover x 18, also have a progressive dividend policy, and PEG is only 0.10 and 0.98 with recent net margins at 14.7%.

All very positive imv.

[bozzy_s] 01/2/2016 15:58

Noticed these due to being on % risers board today. Looks a gem of a company. Share price performance has been staggering against the general market. And not without good reason - they seem to make a habit of beating forecasts and then some! The valuation at under £50m puts them in the 'potential long-term blockbuster multibagger' category (whereas an established cash-cow blue-chip company valued at £30bn isn't).

Balance sheet looks fine - some cash and no debt, even after their £7.5m acquisition of Speedtrap. Overall net tangible asset position.

I note Norbert Colon's post 36 which states the Speedtrap acquisition has substantial tax losses on the balance sheet, thus reducing ISL's overall tax bill for a while. Not sure how this works, looking at interims issued on 24/11/15, which show PBT £1.537m and tax charge of £0.289m, being 18.8%. The Group balance sheet shows retained earnings of £4.108m. Perhaps the historical losses at Speedtrap were written off at acquisition? ISL would possibly not be allowed to pay a dividend if it had net retained losses on the balance sheet?

Anyway, this is on my watch-to-buy list. Fast-growing, profitable, debt-free, forecast-smashing company on a forward P/E of 12. I like it.

[bahiflyer] 01/2/2016 14:40

SANTANGELLO couldnt agree more re the FinnCap target. May prove to be very conservative indeed.
EMR also one of mine, must be a great minds thing!!!

[panic investor] 01/2/2016 13:21

was waiting for this to dip this morning after reading the rns. Fat chance, had to go to market for my shares !

[santangello] 01/2/2016 11:44

finnCap reiterates and ups price target to 140p, pre results.

Very conservative ?

[someuwin] 01/2/2016 10:52

I'm in today.

[santangello] 01/2/2016 10:30

Welcome :)

[cfro] 01/2/2016 10:12

Im a new holder here too today.

Such a strong and positive RNS that is too hard to ignore.

[santangello] 01/2/2016 09:20

tut, tut for not monitoring these bahiflyer....but I have done the same elsewhere lol.

Welcome, and buying at these levels, when it is still at an exciting time for the company, should yield you very healthy returns medium term. The full story is only just unraveling.....

Good purchase decision, and good luck. I am still waiting for some buy orders today to fill zzzzzzzzz

[bahiflyer] 01/2/2016 09:06

Spotted these at the interims and inexplicably forgot to monitor them. Didnt have spare cash at the time but not missing them this time.
A growth company, cash generative with little debt and no apparent nasty baggage.

I expect that with whatever revenue growth there is in H2 over H1 there will also be improved gross margins as Cerebus integration will have been completed.

Buy and hold I think

[santangello] 01/2/2016 08:51

Amazes me amt, with all the negative hype within the market back drop, why would you not have ISL in your Portfolio ?.....defensive, growing aggressively, well managed and under the radar....but certainly not for long......

Wouldn't surprise me to read a Director or Institution purchase today.

[amt] 01/2/2016 08:48

Previous broker target was 1.30 maybe we will see that raised to 2 quid with a bit of luck. Strange that anyone sells at this price but that's a market I suppose.

[santangello] 01/2/2016 08:43

Agreed.

Results will help, and if ever I was anticipating a company's results, it is here.

Archived numbers cannot factor in the highlighted 'new contracts'.

Need to braced for predators snapping ISL up on the cheap........I sincerely hope not.

[amt] 01/2/2016 08:34

Previous forecast in header was 16.5m so add 2m gives 18.5m other possible contracts by ye. Profit before tax 2.8m add 2m and that's about 10p eps
Not sure how up to date the figures are above but this share looks cheap.

[santangello] 01/2/2016 08:31

amt, wise move.

We can almost hear the Brokers scribbling revised forecasts and targets......I look forward to reading them !!

[amt] 01/2/2016 08:26

Looks like EPS of 10p a possibility. So with rapid growth a pe ratio of 20 looks reasonable.At 1.20 it looks a bargain to me, I picked up 4000 this morning. Anyone got any official forcasts and what is the market opportunity here. Is it possible that we could see turnover of 20m this year for example and 25m next year?

[santangello] 01/2/2016 08:23

What a away to wake up on a Monday morning....

Stunning statement for holders, I added again this a.m, but no big orders being filled......which demonstrates there is traction here in the price.

[santangello] 27/1/2016 15:24

I am not a great believer or user of charts, but a successful advocate and user of them assures me now is the time to buy here, and the next leg up could surpass the recent highs.

We'll see ?

[santangello] 19/1/2016 14:34

Further overhang cleared.

Looking technically way oversold here, no surprise to see buyers returning, and price bouncing off solid support level.

[saucepan] 11/1/2016 09:16

I hold, but share Phil Oakley's views on share buybacks:

[santangello] 11/1/2016 08:01

A further confidence indicator from the board.....maintaining its purchasing of its own stock.

[santangello] 06/1/2016 09:52

removed by Santangello.