Member Info for James123

Fair comments - can they capture the growing data and ai market, arrest the churn, contain the costs and deliver the margin. Can they find a buyer at the right price for the bits that are not core to their strategy. Sadly the board saw such a crazy acquisition and ridiculous prices, which is demonstrative of sleep walking. They need to take the right steps, as they are on a super narrow path. Can they do it and get back on the black? Will the forthcoming lower interest rates drive more PE activity? High risk high reward!

Wholly positive

So 3 divestments then, DC’s, property and a business line. Stabilise legacy and continue to see A Tech growth. Job done. From the horses mouth.

Up 42% in the last month, with a strategy to drive EBIT.

These companies typically sell for around 8× EBIT — so their forecasted £30 m × 8 multiple implies a £240 m valuation.

Take off the £100 m of debt and you’re down to about £140 m — roughly five times their current market value.

The share price should be north of 125p once the directors and SLT team pull together and get their act sorted to drive out costs, lift margins and get the sales engine humming.

The disposal of the DC’s and other cash cow parts of their business, assuming they don’t sell the whole lot will help drive their new strategy and pay down the debt.

Common chaps. Let’s get this thing back into shape for 2026 please, so we can make a quick 5 x

Iomart has had a rough patch: dividend suspension, asset write-downs, higher churn, and a questionable acquisition. But in markets, weakness often creates opportunity — and here the opportunity is crystal clear.

- Gresham House is Building Its Stake -

Gresham House has been steadily acquiring shares, now sitting near the critical 30% threshold under the Takeover Code.

They are not casual investors — they specialise in unlocking value in overlooked small caps.

If they cross 30%, Rule 9 requires them to bid for the whole company.

-Take-Private Premium is without doubt likely to occur -

Private equity has a long history of acquiring UK digital infrastructure assets (UKFast, Pulsant, Digital Space) at 40%+ premiums.

iomart’s scale, recurring revenue, and cash generative model make it a perfect PE candidate, especially after a share price slump.

Gresham could either lead the bid or partner with another PE house — the setup is there.

- Market is Mispricing the Downside -

Yes, churn is high and an acquisition was overpriced — but iomart still has 85% recurring revenues and strong demand drivers in hybrid cloud & cybersecurity.

Stripping out the noise, the underlying business remains solid and strategically valuable.

- Asymmetric Risk/Reward -

Downside: priced-in already by recent sell-off, no dividend, investor pessimism.

Upside: a realistic 40%+ rerating via a buyout or re-rate to peer multiples.

- The Takeaway -

Iomart is currently trading like a broken company — but that’s exactly the setup private equity loves. With Gresham House edging towards 30% and sector buyers paying up for digital infra, the risk/reward is skewed sharply in favour of the patient investor.

The market may be focused on the recent “shocker,” but the real story could be a 40%+ uplift in a take-private bid. This is also going to happen soon given that they have not installed a AIM qualified CEO.

Quick double your money this Autumn

There is significant upside with this share and as with all of these things, it is down to company execution. The strategy is sound, some costs can undoubtedly be removed and the business can achieve growth in what has been a tougher market. EBIT will return, as will investor confidence. Here you will comfortably double your money in the short term.

A nice double your money option, follow the smart money in.

Macro economics & geo political events support vertically integrated energy supply chains. With Tata's £4Bn Lithium Battery storage investment in the UK and Elon Musk applying for an operating license to sell power to only people that have the Power Vault installed on their wall.

The initiatives and discussions in Europe about developing domestic lithium mining and refining capabilities are developing nicely, with the stated goal to be to reduce dependence on imports and to establish a more secure and sustainable supply chain for critical raw materials, while enjoying the positive economic impact of Investing in local production, through the creation of job opportunities within the region.

Buy buy - scoop it up. because once its gone, its gone.

20p is a nice place to be, while we wait for the RNS

The speech yesterday between President Xi and Putin, continues to being into sharp focus, the need for a European domestic supply of Lithium. Reliance on China's span of control for this increasingly essential commodity is folly. This is a smart project to be invested in and I can see it easily tracking to 20p. The current investment IMO sets a floor, given that AMG Lithium GmbH are no fools, and would not have over paid. Good luck, a nice all in ISA play I would say.

Interesting things happening here behind the scenes

This market is consolidating nicely, IOM have access to great cash flows, have raised money at a very sensible price and have some good market offerings that will no doubt be innovated.

They themselves will be an acquisition target in 3 years once they deliver upon their ambition to be a £200m T/O company.

This is a strong buy and will happily tick back up to 300p, paying dividends upon the way.

What's not to like?

Yes

“??” was meant to be a thumbs up.

?? This one def a very strong candidate once in funds.

A company with a solid floor

Let me guess, you now have the cash but won’t be investing.

Lucky Ganfeng don’t/won’t have a controlling stake in ZNWD then!

Not a bung per se, but it is now self preservation for them. They want to endear themselves to the new owner, will be looking for good severances packages as they'll be losing their jobs or will be negotating new terms for themselves. If the offer is rejected, Ganfeng may threaten to frustrate the process/development of BCN, resulting in less shareholder value and no short term exit for people. Everyone will have differnet motivation. One can see the options that are in place for the BOD and the incentive to cash in. If the price can be talked up, then I am all for it. Lets hope some of the shareholders can exert some skil in maximising the Opp with view to finding a more equitable price.

Well done to those of us who bought at 16p recently.

Well done to those people who are in ZNWD, which will hit 20p.

Ganfeng are happy either way, buy this for a steal or bury BCN and control/concentrate the market so that BCNs mine does not act as a competitive constraint on the wider Li market.

I’ll be supporting the sale, absent other options.

My advice rotate profits into ZNWD in the 12-15p range - sell at 20p

What a money maker this has been!

It is Ganfengs core business area and they have huge cash reserves to invest.

If they don't follow there investment with their money, then something is "seriously" amiss with the Project I might add there is absolutely nothing to suggest that this is the case, so don't let me panic you @StatsMan

Yes one could summise that either Citigroup Global Markets Limited , Canaccord Genuity Limited, WH Ireland Limited - or their clients are not respecing the closed period, benefitting to our detriment. One would like to think the share sales in the closed period are investigated. If AIM care about the market then an invetigation should take place and people made an example of. That aside, very bullish for BCN, if Gangeng increase their investment then we are all systems go for £1.00+ If they don't then we are out of business!