History Lesson and some6 Oct 2005 19:14
ISD. This company was borne out of the reverse takeover of cash shell company Advance Capital Invest and the purchase of TTL music. Clients include Somerfield,Wolves & Dudly Brewers, HBOS, McDonalds and a TV station in B&Q and now is allegedly one of the biggest operators of in-store music, radio, and tv services. Revenues should be growing at 20%. A price target was put on these shares by Evolution as 40p earlier this year, a way of that now, but it could happen. If profits exceed £1.7M that would indicate a PE of 9.4. Growth recognition will evidence itself in the coming months. But as a caveat, high street retail trade is down 20%+ year on year B&Q are closing stores. If ISD can continue growth year on year then there is no reason for the shares to be so stobbornly undervalued. buy for future appreciation.