Year in year out,the speculation has gone on for years that someone will make a bid.Really?.What is it about this company that fails to excite the industry.You would have thought that with all the anticipated progress that it's chairman says is happening allied to a more realistic share price,that an offer would be made.But nothing.The chairman thinks that should a bid be made a real bun fight will ensue with others bundling in.Perhaps.Or will it happen without a scramble because the anticipated takeover has gone on so long that the reality will be an anticlimax.buying shares in Imagination is an act of faith.Each time progress is made something happens which tips the balance against it.Yet we long time shareholders hang on in the hope that solid progress will be made,but at times?...... anyway,. still keep the faith
17 Sep '15
Imagination Technologies slumps on China slowdown: Shares in Imagination Technologies have tumbled 8% after the chip designer warned that a sharp slowdown in the Chinese economy will lead to a loss in the first half of the year. In a trading update for the 18 weeks to September 15, the company said that its sales are going to fall short of previous expectations because the Chinese mobile market is cooling. Imagination generates revenue in two ways: one is through granting a licence for the customer to use the technology; the second is through royalty payments for every unit produced. Investors in the FTSE 250 company have endured a torrid time during the past five years. The valuation has tumbled from about £1.9 billion in March 2012, to around £600 million as increased competition has pushed down chip prices and the digital radio business has slowed. Given the recent market sell-off, the prudent approach is to wait for a better picture of sales during the crucial Christmas period and to see if any bid materialises. Imagination Technologies at 234p-25½p. Questor says “Hold”
16 Sep '15
is this a ftse 100
16 Sep '15
go along to the AGM this friday .They put on a v v good buffet lunch.Any thing to keep the small shareholder happy whilst they tell you the good news is coming next year....which they say every year.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.