ISG Share Discussion Threads

[dgwinterbottom] 18/2/2013 08:34

Having looked at the ISG entry in Sharescope the margins are very low ie the best over the last five years has been 1.17%, this however is reasonable given the market and sector. Can anyone advise why such low margins are prevelent in this aspect of the construction industry please!

[welsheagle] 27/1/2013 16:56

Fundamentals still very good, and share price should recover markedly, when recession ends.

[ssords] 23/1/2013 16:26

I forget now why I bght these but I tend to regard them as a marker for when business and related really starts to pick up. And in a capitalistic state you just have to believe that what comes down hopefully will eventually rise (O.K and the opposite also applies) and this is a sound company whose expertise will be required more and more in a rising market.
Fingers crossed as always
ssord

[dgwinterbottom] 23/1/2013 14:40

Lord Gnome - "If I tried to sell my comparatively small holding in one swoop, I would send the share price back down where it came from. I would like to get out of here, but not at this price." ........you and me both!!!!!

[jezza123] 23/1/2013 10:59

thanks Lord Gnome - so the question is, why is anyone buying now....

[lord gnome] 23/1/2013 10:09

Yes, Skinny, hopefully!

jezza - short answer to your question is 'yes'. This is a very thinly traded stock. If I tried to sell my comparatively small holding in one swoop, I would send the share price back down where it came from. I would like to get out of here, but not at this price. I can afford to wait for better times as long as they keep paying a decent divi.

[jezza123] 23/1/2013 10:04

normal for this to jump 7% off tiny volumes?

[skinny] 23/1/2013 09:16

Wobble over for now!

Interims 5th March.

[lord gnome] 14/1/2013 11:17

Having another of its periodic wobbles. No major volume and I can't see anything other than a series of relatively small sells. Disappointing nonetheless.

[skinny] 09/1/2013 06:55

Thanks for the link - its odd that they still have the data centre contract (from December) above this on their site.

[this_is_me] 03/1/2013 09:05

Still looks to be the best run company in the sector. Others can't seem to make any money at all in present circumstances.

[lord gnome] 05/12/2012 12:34

Panmure Gordon reiterates its BUY recommendation with a target price of 170p. Won't mean a lot, but it's better than having a SELL rec.

[edmundshaw] 05/12/2012 12:29

Usually have higher margins from overseas work. So I hope...

[gh0stwriter] 05/12/2012 11:16

Major overseas win announced by RNS today - £122m Nordic data centre.

[dgwinterbottom] 12/11/2012 18:54

davidosh - The AGM will be held at Miter House,160 Aldersgate Street London on 7 December 2012 at 11.30 am.
Bbeing a shareholder of some years I would indeed like to go but living in Manchester cannot justify the expense, I am particularly annoyed in that today I have been refused a copy of the latest Brokers Report because "the ISG report states that it is not intended for retail investors and we do not want to breach this by sending a copy to you"!!!!! not a very nice way to treat shareholders or am I getting critical in my old age!!

[davidosh] 12/11/2012 09:35

Incidentally..I do not hold shares here but as the Board remuneration is very large by comparison with other companies on most metrics and caught my eye.

When and where is the Agm and are any holders here attending ?

[dgwinterbottom] 12/11/2012 09:26

Interesting question for the AGM, along with mine raised above at 1125!!

[davidosh] 10/11/2012 12:50

Just for the record using the last filed accounts the ISG finance director is the ninth highest remunerated FD on the whole of Aim.


African Minerals 5,185,862
Gulf Keystone Petroleum 1,459,682
Bellzone Mining 1,025,297
London Mining 840,821
Xcite Energy 709,709
Character Group 638,209
Oilex 539,272
Griffin Mining Ltd 539,187
Interior Services Group 507,767
Inland 506,000

The vast majority where pay is in the upper decile are oil or mining companies. There are over 1000 companies listed on AIM.

I

[dgwinterbottom] 05/11/2012 07:22

rmillaree many thanks for your help!! On page 60 Consolidated Income Statement, admisitrative expenses are expected to be detailed in Note 6. However when you go to Note 6 that is labeled as Operating Profit and I cannot reconcile the figues in the Income Statement Note with the figures in Note 6.....if you follow.

[rmillaree] 04/11/2012 11:42

DG

Ask away with any questions you may have.

[dgwinterbottom] 04/11/2012 07:54

Can I ask if anyone here on the this board has received a copy of the Report & Accounts? The reason being I am finding it rather hard to understand a few items. I am by no means an expert but can usually figure out stuff but even my sister in law who is an accounts person and she is somewhat questioning the document

[jeff h] 01/11/2012 09:16

Yes, the £40m Liverpool Convention Centre contract is on the ISG website now:-



...seems to be gaining momentum with contract wins, margins unknown.

Panmure Gordon upgraded its recommendation on Interior Services Group (ISG) from a "hold" to a "buy" and raised the target price from 112p to 170p. The broker was impressed by the company's new contract wins, particularly against a backdrop of a tough UK construction market. Panmure added that the office refurbishment company's international expansion through acquisition and organic growth will help diversify revenues, with overseas revenues now accounting for 20% of total sales. Shares remained unchanged at 143.5p.