i-Design (IDG)

Key Points


Shares in issue 14,105,437 (Ord 10p)
Significant shareholders 73.5%
Free float c 3,737,941
Floated AIM 20th June 2007
No debt
Expanding Globally


Taken from i-Design website (link) ....

"Established in 1991 and successfully listed on AIM in 2007, i-design is the world-leading provider of ATM advertising and interface design solutions to the self-service industry. Our 20 years' experience enables us to seamlessly deliver more than 1 billion enhanced consumer transactions a year on behalf of our leading global banking partners.

Our philosophy is to maximise the profitability of the self-service channel on behalf of network owners through the provision of innovative technologies, specialist media sales services and expert creative consultancy. The companys flagship end-to-end advertising solution, atmAd, is proven to generate substantial new revenues for banks and is already delivering some 600 million transactions per year."

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Some useful links...

i-design website
LDSystems
CardTronics
Link to youtube atmAd campaign
Edison Note 9/12/10
Company Announcements (RNS)

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Hi to all visitors, welcome to this thread :)

I have started this thread for this largely unnoticed company, I-Design, due to its recent upward SP movement.

As this is very illiquid it does not take much in the way of market activity for movement up or down. It will be interesting to see if the recent upward surge is just a blip or the start of a recovery play here.

Preliminary results are due this coming week.

Worth a look IMHO, DYOR etc.

..........wrong thread.......darn!

"atmAd owner (IDG.L) i-design Group PLC is mad at not shouting about deals like this from the rooftops – it took our spiders to pick up the story from their web site.

Bottom line, a new agreement, in response we are told “to growing and sustained overseas demand for its market-leading ATM advertising solution atmAd” sees them appoint self-service equipment and technology provider LD Systems as their reseller in the USA and Puerto Rico."

Full Story....

http://www.dailydooh.com/archives/18461

US distributor L D Systems are up and running, still no RNS announcement on this development!!

L D Systems Website Link


Edit: L D Systems info in Final Results 26/11/09

Final results

Total shares in issue : 14,105,437




Significant Shareholders at 31st July 2009

Title % shareholding

Ana C Stewart 15.94
Sigma Technology Venture Partners 11.48
Ralph Hasselgren 10.99
Scottish Enterprise 9.37
Sigma Innovation Fund (East of Scotland) 8.83
James Faulds (Fontmerle Ltd) 7.82
Artemis Investment Management Limited 4.23
Rathbone Investment Management Limited 4.17
Williams de Broe Limited 3.57
JM Finn & Co 3.31
Richard Swinfen 3.34

Total.. 83.05

http://www.i-designplc.com/Shareholder-information/



Total shares held assuming all of above is still correct is 11,714,565.

This leaves a paltry 2,390,872 for PI to fight over.

"UK: i-design’s Ad Revenues Grow by 81%"

http://en.ooh-tv.com/2009/11/30/uk-i-designs-ad-revenues-grow-by-81/

Good writeup in The Scotsman, snippet below.


Stewart said the "high point" of the year to September was the signing of a contract with RBS, the largest ATM operator in the UK.

Including agreements with Alliance & Leicester and Nationwide, i-design now has its software licensed to 12,000 machines, with 4,500 available for third-party advertising.

Those figures are up from 8,100 and 1,000, respectively, a year earlier.

"The number of sites that we now have third-party advertising live on is quite substantial," added Stewart. "But we won't see the full benefits of those until this financial year."

Full Article

Aussie newspaper article from August suggests I-Designs expansion into Australia may be well advanced.

"ATM screens will soon be used for advertising space.

People withdrawing cash from ATMs will soon be bombarded with ads as banks look for new ways to replace lost fee revenue. A British company is seeking to expand into Australia on the back of what it says are successful ad campaigns using ATMs."

Newspaper article link

Latest news from I-Design website

Snippet from announcement...

"We have very ambitious plans for the next twelve months and this new team structure will enable us to provide outdoor media specialists, agencies and clients with tailored advice on how best to maximize their media spend. James’ extensive expertise and experience working on award winning campaigns will provide a valuable addition to our strategic expertise in agency relations and will be at the forefront of our 2010 sales strategy", commented Justin Stark, National Sales Director at atmAd.

Thanks to oldtramp for his very informative Q&A posts on LSE BB....


Thought some questions and answers might help anyone new to the share,wont add any links but they are all in previous posts.

Q/ Its an Aim share what are the dangers?

A/ Have run a credit rating and it came back Low/Normal Risk very good for an Aim share. Currently 1.6mill cash and dept of 20k. Cash burn is very low now only 200k last year. Always a risk as any share but seems quite low

Q/ Share seems to move up/down very quick

A/ Only 14M available 83% are held by institutions and directors. wIth so few the stock moves quick.All the institutions have held for a long while and look to be happy to support the company.

Q/ Its just adverts on atms not very interesting

A/ The atms are also screens and one of the largest amount of outdoor screens that can be used to display targeted digital campaigns in the uk,reciepts are also issued to support the ads as vouchers. The atms have an 80% ad recall various studies to prove the fact. The campaigns can also be targeted as in gender and location,ie pizza hut use the machines near the stores, and Tesco for instore products

Q/ What else do IDG do?

A/ As well as software for the atms to display the ads they also sell the advertising space to 3rd party,s This is a growing trend with an 80% growth rate last year. IDG have just appointed two new key members of staff who are both well respected in Media sales and look to be trying to increase this side of the company.

Q/ What companies have used the atms?

A/ Atm customers http://www.i-designplc.com/Customers/

Advertising customers many blue chip companies details on the sites small selection here http://www.atm-ad.com/pizza-hut-happy-hour.html

Q/ Why buy now?

A/ IDG have been very patient in expanding waiting to be well established and trusted in the UK with the global recession easing companies will increase advertising budgets.Digital outdoor advertising is the quickest growing market .As UK and world leaders in this niche market now is the time for expansion. The current sp is now very low at its high it was 70p but the company is now in a far better position now than it was then

Q/ What expansion plans have they?

A/ They have appointed LD Systems in America as resellers, Trials have been underway in Australia where the whole concept is untried but a prime target,an office has been set up in Sydney trials seem to be going well ,as of yet Australia has not been mentioned but a simple search of google " atm advertising australia" turns up many pages, alot of research in previous posts. Canada and France have also been named as places they wish to expand aswell.

Q/ last year the company made a loss!!

A/ The financial Director has explained without the addition of staff and R&D for the global expansion the company would have been at Break even..Good in itself but global expansion is what will send the sp onto a far higher level!! So i find that a satisfactory answer..

All in all a very well run company about to expand in many ways and very good potential obviously all in my own opinion but happy to answer any questions GLA AGM on the 26th Jan !!

News update from company website...

Click Here

New contract with Pizza Hut.......sp is getting rather silly imo!

This share moves rapidly with very little volume, could make a fortune here if it really takes off!

Nice breakout in progress, nice quiet and pretty much unnoticed share too :)

Thanks to rivaldo for this link....

Click here

I-DESIGN GROUP (LON:IDG) cracking contract win for this innovative business

Posted 28/10/10

The developer and supplier of the market-leading ATM advertising solution, atmAd, has encouraged with a series of positive announcements over the past few weeks.

Hot on the heels of its encouraging trading update on 18th October when it confirmed second half revenues significantly higher than in the first half and full year revenues of approximately 2.2m the Group today announced an excellent new ATM Network contract win.

The group has secured a new multi-year contract with YourCash Limited, Europes largest independent provider of ATM solutions and established a presence in the Netherlands for i-design.

The contract initially covers the implementation of atmAd on approximately 500 free to use ATMs. The majority of these, around 300, are located in the UK with the remaining number, around 200, situated in the Netherlands, taking i-design into a new territory in Europe. YourCashs total ATM estate comprises approximately 6,000 ATMs in the UK and approximately 600 in the Netherlands, with the majority located in retail sites, including supermarkets and convenience stores.

i-design has also secured the exclusive rights to run third party advertising on these ATMs and following the roll-out of atmAd, will benefit from ongoing revenues generated by third party advertising sales.

Once the roll-out is complete, i-designs network of ATMs available for third party advertising will be approximately 9,900 in total.

Things are really starting to move forward for this innovative business!

Golden cross breakout :)

Client list growing all the time ;-)

http://twitpic.com/37zq00

Some big name users of the AtmAd platform, looking forward to results in next few weeks which might just give us another leg up from here imho.

http://twitpic.com/3a5j63

http://twitpic.com/3a5juj

http://twitpic.com/3a5ks8

Excellent results Thursday link although not reflected in the sp :(

Looking unlikely to run out of cash now imho.

Edison has 38.8p valuation for IDG.

http://www.edisoninvestmentresearch.co.uk/researchreports/IDG091210outlook.pdf

Annual report out..

http://www.i-designplc.com/attachments/040_i-design_annual_report_and_accounts_2010.pdf

Looks ok to me :)

Article on Cardtronics regarding a multi year contract with I-Design, dated 9th Nov but first time I've noticed it. This should be a good year imo.

http://www.finextra.com/news/announcement.aspx?pressreleaseid=36658

Arbuthnot Securities rate I-Design "strong buy" with target price 30p.

Link to broker ratings

A little conservative imho.

"Vodafone launch new atmAd technology"

http://atmadcampaigns.posterous.com/vodafone-launch-new-atmad-technology

"You think the ATM channel is about to disappear?"

http://www.finextra.com/community/fullblog.aspx?id=4972

No shortage of ATM advertisers it seems!!

http://atmadcampaigns.posterous.com/camelot-plus5-launch-at-an-outlet-near-you

http://atmadcampaigns.posterous.com/humberside-police-a-cost-effective-way-to-cov

http://atmadcampaigns.posterous.com/arriva-buses-encouraging-alternative-travel

Brookwell Limited have 771k shares, I wonder where from as there doesn't seem to be many traded lately?

http://www.investegate.co.uk/Article.aspx?id=201102241427338171B

Edit, just noticed a further RNS, Sigma reduced their holding, makes sense now.

Found this piece by Tim Hufford, sales director for IDG's atmAd.

"However, the real golden ticket to success lies in brands maximising both the scheduling and creative flexibility of atmAds DOOH network in order to convey a message that not only plays in the right location, at the right time, to the right audience, but also plays to the money mindset of the shopper withdrawing cash."


click here for full article


Also this from Justin Stark is a good read.

click here for article

I-Design extends contract with Nationwide Building Society.

http://www.investegate.co.uk/Article.aspx?id=201103010700249955B

Arbuthnot raise target price to 35p, that will not last long imo.

http://www.igmarkets.co.uk/content/files/ukratings_01mar11_igmpm.pdf

Link to AtmAd campaigns on YouTube.

Click here for YouTube link

BA raises awareness for Comic Relief with atmAd

http://www.youtube.com/watch?v=FMn-GF2bu3U

PricewaterhouseCoopers also using atmAd

http://www.youtube.com/watch?v=6DJUOFkH9_Y

Well, lack of news and a few meager sells is enough to see this sp falling! I wonder if it will go up as rapidly on such low volume?

Only five trades today with a price range between 16.5p and 20p.
Looks like the first four trades, 26940 in total, were all sells and dropped the sp by 1.5p.
The last trade at 20p for 25000 shares was a buy and mm's raised the sp by only 0.25p.
I do believe this to be very unloved and now imo very undervalued!!

The following link is an interview with Ana Stewart, co-founder and CEO of I-Design, by Mark Williamson of the Scottish Herald.
This is a good read for potential investors researching how this company came into being and also gives a good feel for its potential.
I cannot remember seeing this article on any other financial bb's so may be of interest to established holders also.

Interview link click here

Good positive trading update today, all being well heading for a maiden profit this year imo.

"i-design, the developer and supplier of the leading marketing solution for ATMs and self-service machines, enabling ATM owners to run both their own internal marketing campaigns and third party advertising, is pleased to make the following update on trading for the first six months of the current financial year, to 30 September 2011.



The Group has enjoyed a strong first half. The positive trend in media revenues, previously highlighted, has continued. Media revenues are expected to show a marked increase on both the comparable period last year and on the second half of the last financial year. In October 2010, the Group signed a major new ATM owner, YourCash Limited ("YourCash"), the largest independent provider of ATM solutions in Europe. This has boosted software sales income over the comparable period last year. YourCash has added a further 500 ATMs to i-design's ATM and self-service estate, increasing the total licensed estate to c.17,000 and the third party advertising estate to c.9,900. The agreement has also given i-design a presence in the Netherlands. The Group's discussions with other potential new banking customers remain very encouraging.



The Board is pleased with the Group's trading performance in the first half of the financial year and views second half prospects very positively. Half year results are expected to be announced at the end of June. "

http://www.youtube.com/watch?v=JrIHS_NksaI

"Cushelle" latest advertiser on Tesco ATM's, constant stream of new clients using atmAd's proven advertising media bodes well for future revenues imv.

I think the market will wake up to this co as soon as self financing becomes evident, hopefully this will be this year and negate the need for shareholder dilution.

Taken from i-design's website I have compiled a list of countries that Jack Vincent has been assigned to as first contact for potential customers.

The list -
UK, Armenia, Georgia, Iceland, Norway, Sweden, Finland, Estonia, Latvia,
Portugal, Spain, Italy, Switzerland, Belgium, Germany, Netherlands,
Czech Republic, Denmark, Austria, Slovenia, Croatia, Slovakia, Hungary,
Bosnia Herzegovina, Montenegro, Moldova, Belarus, Lithuania
USA
Mexico, Greenland, Central America
Indonesia, Malaysia, Philippines, Vietnam, Thailand, Cambodia, Laos, Myanmar, China, India,
Nepal, Bangladesh, Nepal, Pakistan, Mongolia, Afghanistan, Iran, Turkmenistan,
Uzbekistan, Tajikistan, Kyrgyzstan, Kazakhstan, Jordan, Israel,
Syria, Iraq, Saudi Arabia, Yemen, Oman, UAE, Azerbaijan, Armenia, Georgia, Russia, Japan

He also has all of Africa plus all of South America less Chile,Columbia,Equador and Peru.

Jack Vincent, head of business development, could be a very busy bee imo if this really takes off globally!

They also have Christian Chambon - France

Theofrastos Leontis - Greece and Egypt

Yang-Hai Wang - Canada

Ricardo E. Herrera M. - Chile, Columbia, Ecuador, Peru

Steve Newton - Australasia

All of this can be found listed under "Regions" on the i-design home page.

The company appear to be hiring new staff, a few new names to Google sometime over the weekend :)

http://www.linkedin.com/company/i-design-plc

I wonder if the next bit of news might have something to do with Brazil!

Check out this Linkedin link (click here) and notice two names on the right hand side of the page - Andre Claro and Samara Barreto.

It's been very quiet here for far too long ;-)

Edit 26/8 I now think these guys have something to do with software apps for i-phones and nothing to do with IDG at all!!

Major contract with Barclays, brilliant :)

http://www.investegate.co.uk/Article.aspx?id=201105110700083370G

Latest atmAd campaigns ...

http://www.youtube.com/user/atmAdCampaigns#p/u/0/NbSaXC5mKMw
http://www.youtube.com/user/atmAdCampaigns#p/u/1/8xtQYVwnJ_0
http://www.youtube.com/user/atmAdCampaigns#p/u/2/tYxT-7aSEfo

I wonder if Barclays will adopt 3rd party ads eventually?

Good to see IDG embarking on new revenue streams, see latest RNS (click here).

Also, the company website is in the process of an overhaul, although not finished yet imo as some of the links are not working properly.

Have also noticed Steve Newton no longer Australasia contact, wonder what's going on there?

Interim results look extremely good, well on track for maiden profit ;-)

I think I am going to restart this thread as "talk to yourself" as there seems to be very little interest in discussing anything i-design on this site.

Not to worry though, the company is doing the talking for itself!!!

Looking forward to the rewards from my investment here in a few years time :)

Nice looking chart, someone paid 40p/share for 40k's worth!!

Todays contract win should help underpin IDG's price at this level imho, especially as Arbuthnot have upped their target price to 50p :))

GLA

Trading update!!!

"Further to the announcement of its interim results for the six months ended 31 March 2011 released on 23 June 2011, the Company is pleased to announce that the reported positive revenue trend has continued into the second half of the year. This upward momentum is anticipated to be maintained such that the Board expects that the reduction in the Company's loss before tax for the year ending 30 September 2011 will be significantly ahead of market expectations.



The Company expects to provide a further update on trading in early October following its year end."

http://www.investegate.co.uk/Article.aspx?id=201107220700088533K

Now, will we see 50p target price breached?

Came across this today..

http://www.pr-inside.com/sadif-analytics-releases-new-summary-due-r2510585.htm

"Report Summary: i-design Group Plc is a below average quality company with a positive outlook. i-design Group Plc has strong business growth and is run by inefficient management. The trend in i-design Group Plc fair value exchange rate against its closest rated-competitor, Stilo International Plc, has been depreciating over the past 2 weeks. When compared to its closest competitor, i-design Group Plc shows greater undervaluation and is equally likely to underperform the market."


What a load of b****x!!!

This is an interesting article. Perhaps giving some idea how IDG's new platform "joono" may be implemented?

"It is using mobile phones and SMS to provide temporary PIN codes for customers to make ATM cash withdrawals without the use of a bank card."

http://www.selfserviceworld.com/article/182588/Five-ways-to-innovate-at-the-ATM

Tipped in Shares magazine!

Opening comment...


"The promise of a profits breakthrough
is moving rapidly forward
for microcap i-Design (IDG:AIM).
Investors should buy at 52p ahead of fullyear
results to September."

It's nice to be ahead of the game for once!!

Shares magazine has this listed in its "Top 10 Picks" this week :))

A comparison of major shareholders compared to 12 months ago, just goes to show why IDG is so illiquid. Looking forward to final results early October and a major boost to the SP, fingers crossed!!

Just read elsewhere that IDG has just been tipped in RHPS, I do believe Tom might be right ;-)

Just found this (link), Tom knew about IDG back in 2008.
In his latest piece his target price is 1.25, we might see that this year with a bit of luck imo ;-)

Nice uptrend developing with initial target price 74p, once breached the sky's the limit imo. Very positive buying all week and with only c14 million shares in issue and trading statement due shortly this is starting to look very good indeed!

Remember this from 22nd July RNS... "This upward momentum is anticipated to be maintained such that the Board expects that the reduction in the Company's loss before tax for the year ending 30 September 2011 will be significantly ahead of market expectations."

EDIT-chart updated 8/10/2001

Sigma seem to be ready to sell some of its profitable portfolio in 2012, if this includes IDG, which I would expect, this should help increase liquidity going forward which imo would be very helpful indeed.

"Venture Capital Fund Management

Revenue from services for the first half was 1.3m (2010: 0.7m) although this included the compensation payment of 0.8m made by certain limited partners of the Sigma Sustainable Energy Fund II to Sigma. (This payment was part of the agreement whereby this fund has been capped at 12.4m and closed to new investment.) Excluding this compensation payment, revenue from the Venture Capital Fund Management Division as expected decreased to 0.6m (2010: 0.7m), reflecting the realisation phase that four of the six venture funds we manage are now in. The division traded profitably, generating a trading profit of 0.8m (2010: 12,000).



As the investment team manages the process of realising value from the investments held in the four historic funds, we expect the revenue generated by these funds to reduce but overall cash generated by the Venture Capital Fund Management Division to increase as Sigma's interests in the funds are realised. At 30 June 2011, Sigma's book value exposure to these four venture funds was 1.35m, spread across 19 investments and we would expect a number of realisations of investee companies to be achieved during 2012. "

This daily chart shows a much better defined uptrend of late. I have previously looked at weekly charts for IDG due to it being very thinly traded in the past. Trading has definitely picked up a little this year and the daily chart is looking very good if the momentum continues imo.....

http://www.investegate.co.uk/Article.aspx?id=201110100700128147P

"The Directors are pleased to announce that i-design is expected to report a small maiden profit before taxation for the financial year."

The recent chart shows the SP has fallen below the support of the rising price channel and the support has now become resistance :(




I suppose the chart is pretty much irrelevant when applied to a micro cap stock like IDG, but I do find it intriguing the way the SP reacts to certain trend lines as shown above.

I have read elsewhere that IDG has a full page write-up in shares mag with a short term price target of 90p, Arbuthnot also have a 90p target and RHPS have a 125p target I believe.

Share price has just poked it's nose back within the rising price channel!
Question now is, will it like what it finds there or make a hasty retreat? Seems to me we need to break 65p decisively and we may be off :)

IDG has a mention in Shares Mag this week, they mention house broker Westhouse Securities are expecting IDG to achieve eps of 0.7p this year which is a 250% increase on 2011's 0.2p. They also anticipate eps of 3.4p for 2013, a near five-fold increase on 2012 expectation!!

Half yearly TU expected anytime, maybe Tuesday. GLA.