We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
IQG, has begun a retracement, as in this case signalled by the lower Bollinger band turning up. Support can be expected at previous price highs, between 390-395. The uptrendline is in the same area, reinforcing the probability, of the retracement bottoming out. I would not discount the even number 400, for support. Often a retracement finish, is signalled by the RSI(relative strength index), either crossing above 50, or bouncing from the 50 level.
Impressive fundamentals, pointing upward. Technical position strong as top software sector riser today, on a weak day for the software sector, which fell back into it's 1/3/24, time pivot high/low range.
IQG, secular chart view on all time horizons from 5 year through to 3 month , shows sp, rise from left to right, which supports the very positive fundamentals. Trendline from 31/10/23, is still intact, and volatility based Bollinger bands are separating, indicating faster price action. Price action may slow down when the lower bollinger band stops falling, and begins to rise, in the sane direction as the upper bollinger band.
Small reduction in stake.
Amazing early buy! Congrats. I was not as early as you but bought a lot so things are going well.
I don't think there are skeletons but most dismiss them as expensive by looking in the rear-view mirror rather than ahead. That or they don't put the research in to see what they're building or how their offering beats competitors.
Yes, that was the first question they took. Any idea why IQG doesn't get more coverage on FinTwit etc. as it now has a market cap approaching £300M. Are there some skeletons from the past - before it rebranded as IQG - that has scared everyone away? My first purchase was at 68p on 15 September 2020 btw. Lucky with the timing for a change!
That was my question about the dividends. Thought it was worth getting their thoughts on the subject even if that date was a bit on the early side.
Happy enough that they are focusing on growth as they have been doing a fantastic job on that. Excited to see where they could be in 18 months anyway. I first bought back in July 2021 at 123p, it's #1 in my portfolio and now 34% of it but I've no plans to sell as they have an exceptional software package that will generate global sales.
Yes. I was impressed with the presentation on Investor Meet. No dividends for 18 months or more but that makes sense whilst they are growing the business. Looking good!
Looks like it was an LSE problem and a number if RNSs were released late. Some traders were spooked and sold but IQG is rewarding those that are in for the long-term. Now that breakeven has arrived we should see profits grow well from here as globalisation continues.
Not sure why the Results RNS was a bit late coming out this morning - just a few minutes before the market opened - but at first sight things look pretty positive. SP up to 400p by 08:40h after a slow start.
I've written a Twitter/X thread with my thoughts on IQGeo's recent history and why they could go ballistic from here. DYOR.
https://twitter.com/W13Ken/status/1758200681163260379
IQGeo Group helped Deutsche Telekom accelerate their ambitious FTTH (Fiber To The Home) rollout in Germany > 3m homes per year, with the help of IQGeo’s Comsof Fiber software.
End-to-end planning & design timelines were reduced by 50-90% compared to manual design methods.
https://www.iqgeo.com/blog/how-deutsche-telekom-achieved-rapid-fiber-expansion-in-germany-iqgeo?utm_campaign=Webinar_FTTH_Deutche_Telekom_14Dec23
Cambridge, 8 February 2024 - IQGeo (AIM: IQG), a developer of geospatial software that is “Building better networks” for telecom and utility operators, today announced that it has extended the industry-leading fiber management capabilities of its Network Manager Telecom product to also support copper and coaxial networks.
This marks a significant change for telecom operators with mixed technology infrastructures, as they can now simplify their system landscape to a single management platform and replace their legacy system of record.
“We’re incredibly excited about the continued flexibility we’re delivering for telecom operators,” says Richard Petti, CEO for IQGeo. “We’ve consistently learned from fiber operators that IQGeo’s biggest value is offering a shared platform to manage their lifecycle, from planning, design and construction to operations, sales and marketing. With this new release, we now provide one platform for all technology infrastructure used by telecom networks.”
The latest version of Network Manager Telecom adds new data models for copper and coaxial networks to the existing fiber model, with the ability to document and manage all associated equipment. This is just part of the most recent enhancements of IQGeo’s flexible and comprehensive network management features, which include industry-best field mobility, documenting outside and inside plant inventory, dynamic network schematics, seamless data imports and exports, and labor cost management.
“As with any IQGeo product release, we’ve gone a step further than introducing new network models,” adds Petti. “We’ve also introduced new workflow functionality, such as line of count support for mixed architecture networks and intuitive views of cable-to-equipment relationships.”
“This is simply the latest step in giving our customers the flexibility they need to manage complex network deployments and operations, which is helping them accelerate their time to value and maximize return on investment.”
This is big 😀
IQGeo simplifies telecom landscape with single solution for fiber, copper and coaxial networks.
https://www.iqgeo.com/news-iqgeo/iqgeo-simplifies-telecom-landscape-with-single-solution-for-fiber-copper-and-coaxial-networks-iqgeo
Some solid buy orders are going in at just under 380p today. The SP is very firm. It's not a liquid market but you should be able to sell small quantities of shares (up to 5,000 maybe) without any problem.
IQGeo Group hit an all-time high again today with first sales in ANZ. They have the most compelling network mgmt software for telcos & utilities but up to now were just in America, Europe, and Japan. Going global should see them continue to grow exponentially. DYOR.
https://www.iqgeo.com/news-iqgeo/mondospatial-signs-iqgeo-var-agreement-for-anz-and-secures-first-win
The share price is on the move again today - 330p-340p today - so perhaps this news is filtering through into the market. Or, if we are lucky, some bigger news is on the way.
More contracts below RNS threshold.
PCS selected IQGeo against 4 competitors following a 3 month evaluation.
...Founder and Director at PCS, Bruce Boyd commented: “There is no other software platform as flexible as Network Manager Telecom, which also happens to come with the backing of a team as experienced as the folks at IQGeo.”
https://www.iqgeo.com/news-iqgeo/pcs-looks-to-the-future-with-iqgeos-network-manager-telecom?utm_campaign=PR%20-%20Articles%20and%20news%20-%202024&utm_content=279576967&utm_medium=social&utm_source=twitter&hss_channel=tw-1068104573989109761
Can anyone sell these? I've had a sell order in for 24hr still sat there, annoying
2,000 shares were just traded at 332p. That's a new all time high I think. Nice.
That's very useful Ken. It makes for significant additional income when compared with total gross revenue of £20.5M in the first 6 months of 2023.
Yes, line them up and it's a real vindication of IQG's software quality and their strategy. The hardest part is convincing these major companies to try new network software in the first place.
Jan 24: $2.5m Top 10 US Telecom (new)
Dec 23: $5.4m Tier 1 US Telecom (extension)
Dec 23: $3m Tier 1 US Telecom (new)
Sep 23: 8.6m Tier 1 European Broadband operator (new)
Sep 23: $1.9m Top 5 Global Fibre operator (extension)
A few more contract wins have been announced recently. There should be a Trading Update coming soon I think. The SP has been edging up recently which is encouraging.
That's exactly what happened. An encouraging (I thought) Capital Markets Day and a new US contract win announced today have pushed the SP above £3.00 again. Nice!
Hopefully this will provide some positive news that will halt the recent SP slide.