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they got a huge £27.5M contract,
yet mcap only £9M?
this opens the door to many many contract
Undervalued by a lot! This will hit 27-30!!! Just shy of about 1700% return!?
had anyone seen their website.
worth looking at the website.
and ask yourselves why they got a huge £27.5M contract,
yet mcap only £9M?
this opens the door to many many contracts.
GLA and Dyor
world leaders in IT in partnership with IDE holdings
https://www.idegroup.com/about/technology-vendor-partners
Thanks tgrus, much appreciated
looks like the cat out of the bag
more buys coming in
Bought in after some quick research this morning, granted not enough to put large amounts in but the last rns was good right? Am I missing something with the numbers? Mc is a lot lower than the contract that they have just signed. I couldn’t locate a website for the company? Was a pain to buy which is always a good sign
look at the enormous contract they landed in Early January. I more huge contracts coming as IT is booming in Lockdown.
shh
The Company will publish a trading update for the year ended 31 December 2020 at the end of January.
not long now
Ramped is the wrong word. Its an extremely significant contract and Atos hardly likely to award it 'to a not going anywhere' kind of Co.
There was a RNS on the 4th January with ramped the sp from .0675p to 2.80p
Thats just one of their partners. Then there is their direct business.
That is an outrageous contract for the size of market cap. Is that correct?
So £5m + £7.5m = £12.5m. Mkt cap is under £7m. Wowzars
How come it hasn’t been RNSd?
IDE have just announced a large contract purported to be with Atos.
Hi sorry how is this connected?
https://www.consultancy.uk/news/26670/scottish-water-partners-with-atos-for-servicenow-projects
Adding below 2p is a bargain. Itsall in an isa so looking forward to seeing what is there in a few years
Thanks SF, that's brilliant. Really helped fill a gap in my education!
Appreciated.
https://www.idegroup.com/blog/ide-group-accepted-onto-uk-governments-g-cloud-10-framework
Hi All,
Service catalogue bit security light for my liking. Can see they have a NOC (Network operations Centre) basically a server room but for effect they like to give it an acronym...
Anyone know if they have a 'SoC' function? Security operations centre. Reason i ask is it is HIGHLY lucrative, margins are close to 70% for maintenance and it represents ongoing revenue... I'll email the company to double check as they probably do, it just isn't advertised but thought i would ask here. Especially with a focus on Public sector..
Also, unsure if anyone have seen their hires in the last 6 months but they are nothing short of sensational. Taken 4/5 very Snr sales people from 100M+ companies, all of which have 15+ years experience in direct sales or account manager... really really important this for me as basically makes the MCap utterly laughable even with the loan notes... The Group director is a Salesman as well and this is obviously his strategy but one i can certainly get behind.
I'll share the personnel analysis when i'm done, it isn't anything special, just covers 10 or so key people within the business, and their experience, all taken from linkedin.. it is basic but all together builds a nice case for a successful revenue generating business.
They are a touch light on techies though, anyone know if they leverage partners to support in some instances?
Sorry for the lengthy post but just want to know as much as i can, currently looking like it has a stupid amount of potential..
Thanks for posting those links LP, and good luck with any future investment you may make here.
I believe Coretx was the previous company name, which had a torrid history. You may want to check out some of the previous tax losses. The management seem to be getting the ship well in order... Who knows things could get interesting if we get some promise of future profits.
Looks to be some big volume traded so far today over 1M already and still 3 hours left!
Bods well for the price. Hoping for 3p by the end of week.