The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
The recent contract with , perhaps, Atos states - "The Contract was awarded based on the excellent service provided by IDE to the partner over the years together with a commitment from IDE to reduce the cost of services across the partner's customer base."
This is I believe a different partner to the one mentioned in 2019 - New partnership with a global IT services company, first project started post-period end in August.
So the question is ????? Who is this other outfit?
even more hires - this time a partner (Atos) for Disney @ Bridgend. With Atos's move on DXC and IDE proving their worth with a longterm newly announced contract, I would think this is going to look very undervalued within the next 6 months.
https://www.consulting.us/news/5341/atos-puts-in-10-billion-bid-for-dxc-technology
Interesting. IDE are possibly subcontracted to ATOS & there have been links between DXC and IDE in the past.
good to see IDE are hiring once more.
The future is bright here at long last.
good to see their broker is now making a market - positive sign
Surely they have an office in Bournemouth as that is where C4L (Connexions4London) had it's Datacenter. You are telling folk not to guess then offering duff clues! LinkedIn holds the answer to this and backs up a previous poster's assertion.
i think its nearer 27m
arrangement fees and exit fees - i forgot i just calculated the LN's with their 18% cagr
wheres the 30.4m debt - at worst I had calculated it to be around 24 -25m?
they also are involved with the MoJ - perhaps their partner was European?
sorry - who is the existing customer?
Anyone got a scooby as to who the contract is with?
In certificated form under your mattress?
Slightly wrong with EV, nearer 63m if mcap @40m.
If they are added to the existing mxlg fold perhaps along with clco then maybe something of scale to build on. A t/o price of 100m would certainly be more acceptable to longterm holders from Cupid days. (nearly called it Covid - now that would be a terrible dating site name......)
replying to my own post. Bit bored today @ work so had a chance to look thru previous RNS.
If Smith wants a return on all capital then he needs IDE @ 10p - well actually £0.096 - so a Mcap here of around £40m. Taking into account the LN's thats a rough EV of just over £50m. I wonder he has up his sleeve!
If Ian Smith vows that he wants a full return on his capital has anyone done the calc as to to what that would represent as a share price?
Revenue of just H1 - twice market cap.
I would like to know if an acquirer from the same sector could take advantage of the tax losses here and if so what value you could ascribe to them for the purposes of trying to work out IDE's intrinsic worth.
Wow this bb fills four letter words with **** automatically - thats ****** brilliant!
The interim CFO didnt stay around long. Either they couldnt afford him, he was ****, or no longer needed for whatever reason. Anyone any thoughts on this?
a glorified shell?