Itsarm Share Discussion Threads

[thelongandtheshortandthetall] 07/10/2021 15:25

Lombard Odia
Have increased to 21% - Confidence.

Difficult to buy just now.

[74tom] 07/10/2021 14:21

So there we have confirmation that Premier Miton were the sellers; they've gone from holding 4,762,000 shares to just 540,000, this was all after taking 5m shares in the IPO at £2 each... so they've lost about £5m on that transaction... you wonder why they bother?!

Octopus have taken 1m of them, I'd imagine that the rest went to other II's that took part in the IPO to a lesser extent - I note in Amati's half year report that they invested £1.7m at IPO, so if they doubled their investment at a near 50% discount it would make a lot of sense.

Suspect this recovers quite nicely over the next few days / weeks.

[74tom] 07/10/2021 09:14

Have bought in this morning, yesterday's volume was noteworthy considering there are only 52m shares in issue, it suggested that a buyer and seller had been negotiating a price in the background and the market had been walked down to allow the transaction to take place.

As TopgunNS says, a P/S of less than 1 makes this cheap, especially when comparing against Sosandar, they reported HY sales of £12.2m today and have a market cap of £65m with £7m cash. Last reported cash at ITS was £11.9m at 31st March.

SOS have an EV to sales of £58m / £25m (annualised) = 2.32

ITS have an EV to sales of £50m / £60m (sales likely to be higher) = 0.83

There appears to be a significant disconnect in light of the recent 40% fall, I suspect its due to illiquidity and the aforementioned seller wanting out. Fingers crossed for a solid recovery.

[bagpuss lives] 06/10/2021 12:55

Capitulation day? One of the funds clearing out?

[theuninvitedguest] 06/10/2021 08:45

Another big drop, I wonder if £1 will be the price buying will start

[topgunns] 02/10/2021 15:55

So help me out here. March 20-March 21 was at least 44.7 million and then increased by 50 percent for March to August 2021. So run rate of around 67 million. Current market cap 65 million. Yes profit hugely affected by returns/shipping but there is plenty of hope for the future here surely. P/S of less than 1

[theuninvitedguest] 30/9/2021 17:31

Hold for the long term for me, average down over time

[theuninvitedguest] 30/9/2021 17:30

Yep me too

[molatovkid] 30/9/2021 14:55

Got this one all wrong...

[theuninvitedguest] 26/9/2021 20:23

Swe what tomorrow brings, hopefully a rebound from friday of not i will continue to average down.Seems to be quite prominent on the Asda website, one of the first advertisments on womanswear. Obvious issues with logistics but hopefully these can be resolved. Good increase of sales and hopefully this can increase alot more. Selling on the Next website also good, making lots of good partners.

[molatovkid] 25/9/2021 09:41

5000 visa's for EU HGV drivers by the sounds of things....

Can we go back up now?

[archy147] 25/9/2021 07:43

I bought in too @164p

Optimistic this has strong growth potential, supported by the excellent sales numbers reported

Also see ITS are on the Next website. Looks promising, fingers crossed.

[fillipe] 24/9/2021 15:21

Just passing through on a possible bottom fishing journey, but feel there's no rush here, just yet.

f

[theuninvitedguest] 24/9/2021 13:51

Took a small position now, kept some cash back to average down if need be. I like aot about the business and tie up with ASDA could be good. Asked my Partner if she had used the site and she seems to like the products

[theuninvitedguest] 24/9/2021 13:15

Obviously few worries with todays RNS. I have been watching this stock a while, still think alot to like and looking at entry point

[nickjoseph] 10/9/2021 16:36

IC tip this, looks like an overvalued float?

[trcml] 21/4/2021 17:08

Tie-up with Asda should make a difference.

[john09] 15/3/2021 10:24

!FOLLOWFEED
IPO as at 15th March 2021

[melegramfortongo] 15/3/2021 08:52

Skeptical investor
You love boohoo too much .
It’s just a conduit to make money .
You don’t love a share ....

Turning atm ...
Dead cat ?

[scepticalinvestor] 15/3/2021 08:39

Yep - as I thought. Sub 200p shortly

[melegramfortongo] 15/3/2021 08:18

Hello captain 👨🏼‍✈️ skeppy lad ....
Hehehe

Hedging your bets are you ?

[scepticalinvestor] 15/3/2021 08:13

bit of a limp start

[scepticalinvestor] 15/3/2021 07:29

Will it match BOO / ASOS lvl of growth is the question

[scepticalinvestor] 15/3/2021 07:28

Fast growing competitor to ASOS and BOO