RE: £ 3.61 expensive?2 Jun 2017 12:50
As much as I like the bullishness and confidence levels here, I'd like to inject some realism.
I am a LTH and am very hopeful here and expecting to be holding this well into next year.
But we need to see what revs are for the year and more importantly for me is IDP's ability to transfer some of the GP to NP.
These are aspirational, but realistic L/T goals (like 18 months down the line). For me they will ONLY be achieved based on IDP hitting milestones. That's the BIG caveat for me, it has to be delivered by progress and growth. ANd as each bit of progress comes the sp should ratchet up. It defo should not be based on hype, which what predicting 10 bags from now will only achieve.
As an example, for me, right now, the sp is fair value for what we know. The trading update and next news flows will keep moving the share price up.
Ultimately, this for me is a 'proper' investment. The real investment is in the Leadership of the team and their ability to deliver the goods (pun fully intended). It has been setup to deliver right from the outset. They have a very clear focus and understanding of their strategy, and so far have executed it in an exemplary fashion. The potential that is here is big, but lets see it play out in a steady, controlled 'milestone' driven way and not hype.
Good luck everyone, i think this time next year (if you're still here, will fare very well for us).