Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video 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.
Whitman Howard have increased their forecasts and their price target to 343p (from 331p), and say Buy, concluding:
"We feel that the IMO product offer has many elements that are exciting within the software space. It offers software automation. IMO helps with digital transformation. The capability includes low code and has drag and drop functionality. IMO manages multi platforms and it can implement this on premise, in cloud or both. They also have AI based chat bots, a hot area. This product suite is targeted towards the customer connectivity vertical, again in our view of sensible strategy. This will deliver organic growth, margins should scale after a period of investment, and they have the resources to enhance this further with further acquisitions. We retain our BUY rating and increase our price target to 343p."
Techmarketview like the new acquisition:
Http://www.techmarketview.com/ukhotviews/archive/2018/07/03/imimobile-extends-portfolio-and-geographically-with-impact-mobile
"Tuesday 03 July 2018
IMImobile extends portfolio and geographically with Impact Mobile
logoIn its year end results it was clear cloud communications software and solutions provider IMImobile had been making good progress tactically and strategically, which was reflected in strong revenue growth. Acquisitions played their part and we said we expected further moves (see IMImobile continues to climb).
Today the company announced an agreement to purchase Impact Mobile, a provider of end-to-end mobile engagement solutions from Canadian consumer finance company Dealnet Capital Corp for an initial C$25m (£14.4m) cash, plus a deferred cash consideration of C$2.5m (£1.4m).
When making acquisitions IMImobile’s strategy is to look to establish or extend market presence and add to its broad messaging and customer journey transformation portfolio. Impact Mobile ably meets the criteria: long-standing relationships with mobile operators, government organisations and enterprise customers in North America and a strong position in Canada. As well as its mobile solutions, Impact Mobile will also bring its JumpTXT platform - designed to help organisations meet regulatory compliance requirements, provide mobile engagement capabilities and supply carrier grade messaging infrastructure.
Impact Mobile’s diversified revenue profile and high levels of customer retention are also attractive and it is expected to be ”immediately significantly earnings enhancing” and have a positive impact on earnings for the year ending 31 March 2019. In the year to 31 December 2017, Impact Mobile had turnover of C$10.m (£6.1m) and adjusted EBITDA of C$4.0m (£2.3m) and is expected to have net assets of C$1.6m (£0.9m) on completion. The acquisition has the markers of a good and successful fit."