Itacare Capital Share Discussion Threads

[laddi] 23/2/2004 08:07

UBS's upgrade last week of ITA to a revised £1.52 target from £1.23 was calculated based on WPP's current rating - if WPP does surprise on the upside then this indicates that ITA's projected price target should be higher than £1.52.

[sidhu111] 23/2/2004 07:53

LONDON (AFX) -

Advertising agency WPP Group PLC is set to show a strong
upturn in 2003 profits on Friday as a deep, three year recession in
advertising thaws.
According to an AFX News poll of six brokers the company is seen reporting
an underlying profit before tax of 438-455 mln stg for 2003, compared to 393.8
mln.
Revenue in the first half was flat, but brokers expect the third quarter to
be up 1 pct on an organic basis and some 1-2 pct higher in the final quarter.
Goldman Sachs said strong revenue performance from Publicis and Omnicom in
the fourth quarter of 5.2 pct and 7.6 pct respectively, make its estimates of
2.2 pct for WPP look conservative.
On average, brokers see organic revenue up 1.2 pct for 2003.
The recovery is being driven almost entirely by the US with Europe and Asia
still broadly flat.
Investor attention will focus on the outlook for this year and beyond. For
2004, WPP is seen posting organic revenue growth of 4 pct.
Advertising group's make much of the triple play this year - the US
presidential elections, Olympic games in Athens in August and European
championship football in Portugal in June.
But it remains unclear how significant spending by advertisers will be around
these events.
For WPP, most brokers see a the major potential upside on its 2004 margins.
In 2003 margins are seen at 13 pct, including newly-acquired Cordiant.
But in 2004 many analysts estimate it could rise to 14 pct or above compared
to current guidance from the company of 13.8 pct.
Rival Omnicom should show margins of 14.5 pct in 2004 and Publicis 15.2 pct,
which indicates upside potential.
"Overall, we see scope for WPP's margin performance to surprise on the
upside during 2004," said Deutsche Bank analyst Patrick Kirby.
Analysts argue redundancy costs are unlikely to recur in 2004 while the
outlook for advertising markets is much improved since the company gave the 13.8
pct margin guidance in August.

[jimcar] 21/2/2004 16:00

Paulsingh1

Can you explain "bush rag" please.

[paulsingh1] 21/2/2004 13:58

come on bush rag

[laddi] 20/2/2004 20:31

Incepta article in Feb 19th issue of Shares Magazine. Article refers to recovery in Financial M&A and IPO markets and notes that Incepta is highly geared to this recovery. It goes on to point out that given the turnaround in these key markets, the stock is looking cheap at current levels - and backs up this view with details of current deals that Incepta is working on including JP Morgan in US, Russian IPO Irkut and on the German IPO of Post Bank.

[paulsingh1] 18/2/2004 17:06

keep it on

[paulsingh1] 16/2/2004 16:18

good boy laddi

[laddi] 16/2/2004 14:06

LONDON (AFX) - Shares in public relations and marketing group Incepta Group
PLC were upgraded to 'buy' from 'neutral by UBS on evidence that corporate
activity is picking up.
The Swiss broker reckons that Comcast Corp's bid for Walt Disney suggests an
improvement in the mergers and acquisitons market is just around the corner.
This, coupled with evidence that the US and European IPO pipeline is
building, should give a boost to Incepta's financial PR agency Citigate,
according to UBS.
Incepta is running at just 65 pct capacity in its financial PR and
specialist advertising businesses, and any recovery in the M&A and IPO markets
should help to significantly improve profit margins, said the broker.
UBS raised its price target on Incepta to 152 pence from 123.

[vino1] 12/2/2004 22:08

Someone has been buying stock today. Some quite big buys went in this morning. But who? Is it the begining of a upword movement?

[dr darkstar] 15/1/2004 23:53

big volume over the last 3 days and starting a strong leg up with first major resistance around 132, RSI Stochs momentum and MACD all giving BUY .
DYOR

[mathisvale] 15/1/2004 16:01

Recent consolidation over ?
New upward leg starting ?

Comments please ...

[scallywagkid] 12/1/2004 16:42

HSBC and Williams de Broe both have ITA as a highly leveraged play on recovery in financial sector ie M&A / IPOs.

[master rsi] 12/12/2003 12:11

As the top thread says, the shares are ready for the new trend, and that was Yesterday, when I put ITA as one of 10 shares for Next Year (PORT) epic

Today is following yesterday bounce 107-112 +3p , as at this prices the Institutions are picking stock 100K size

[bernieboy] 03/11/2003 09:42

Been ticking up steadily - now 124p to sell - rise looks set to continue....

[mikehardman] 22/10/2003 23:39

Sorry chaps, I sold out today at 113p for 3% loss - playing safe and need cash elsewhere, despite chart still looking OK. Best of luck to those sticking with it.

[mathisvale] 15/10/2003 17:27

Maybe nothing more than a good old fashioned RECOVERY !!!!

[nigelk2] 15/10/2003 11:18

SOMETHINGS COOKING!! IMHO DYOR

[master rsi] 03/9/2003 11:28

We are motoring now 102-105p +7p

Volume good but we are a bit confused as the millions are not longer there after the consolidation 454K representing the old 2.2M

[master rsi] 03/9/2003 10:09

Looking at the chart, and after the consolidation of 1 share for every 5, we are at the point were the share should be moving back to well over 110p.

There is some movement on the MMs prices, and this is reflected on the ticking up.

[mathisvale] 28/8/2003 15:51

The rights certificates have arrived. I suspect that a lot of rights holders have decided to take a few profits while they can to ease financing pressures. I know that I was tempted to sell a few, but have decided to hold on

[captainspock] 28/8/2003 00:10

Master RSI.....

Is it too late to buy in then @ 23p short term ?

[mykai] 27/8/2003 13:44

I think this a the tree shake one minute before mark down they were paying over the odds for your stock hold tight it might go again

[master rsi] 27/8/2003 10:54

BernieBoy

The stock looks very interesting once again, after yesterday delayed trades of 250K, and the last one paying 0.50p above the price.

No wonder that this morning the shares were marked up-offer- to the price the last deal was done yesterday 20.50p, and since then, keeps motoring.

Many things has happen to the share price, the trend is certainly on the up, but today we are at a point where a break out has taken place, and that is the reason for the spike on the chart.

[bernieboy] 05/6/2003 00:17

Can anyone answer why so many share trades in this share go through at or around mid price ??? I got quoted 14.1 to sell and 14.62 to buy - so why are all the others going through at 14.37 etc ??? Are they buys or sells ?? Just wondering how Friday's dilution of 52 million shares might affect the price. Looking at the market cap I would expect the price to fall by 1p ??
Any thoughts on these points......