This one looks quite interesting - IDN



MACD and RSI both positive and a break through the top Bollinger should see new levels being attained.

Has been in a down turn for some time and for no specific reason. Brokers estimate an EPS of .26 for FY05 and .31 for FY06 on a rough guide PE of 15 and taking no consideration for tax benefits it looks very cheap. The company is profitable and Seymour Pierce have recently issued an outperform recommendation.

Price 03/11/05 = 2.3 to buy

Nobody else following this one then ?

Moneyman, I have an investment in this share built up over the last 18months, but I do have some concerns, since apart from Vanco, other lower cap shares in this sector are much lower rated especially SMY... some might say undervalued by the market and hence good investments! Others might say different.
Need to see some good growth in revenues and profitabilty in the Jan results to get the shares moving.

Be careful with SMY as being ramped on ADVFN. This is a nice little profitable company which has been hit by the AIM downturn and also the unloved telco sector. When it picks up we shall all be rewarded.

This is going to suffer some heavy selling boys so be long for suffer.

Is driftwood1 foreign- "some heavy selling buys so be long for suffer" ???
the sense of the sentence is lacking a bit.

IDN share price since it hit 4p and had drifted has been bobbing along since.
The track record is impressive but the share price has slowed, mainly due to one of the ed-directors has been selling a few million shares over the past few months.
But hopefull when results are announced at the end of January, as the broker has an outperform on the stock we could well see profits of around 974k instead of the original brokers estimates of 900k, and we should easily see a share price of 3p. It depends how far the day traders can push the share price up.

Some very interesting posts on ADVFN worth reading.

moneyman - agree but
Adfvn.com is being ruined by Haystack along with the EKT board today.
What a wanker he is.

More selling next week, MMs will find it hard to support this baby, upto 5 mil to be off loaded.

Where is your proof ?

No problem - I'll pick up any surplus stock next week,

Knowing - 11 Dec'05 - 22:27 - 7759 of 7760
Must be desperate for stock as they have started on an ADVFN competitor too !

guru11 - 11 Dec'05 - 22:39 - 7760 of 7760 edit
Knowing - must be refering to dickhead1 on the m*neyam board.
No problem - I could do with a few more shares.

moneyman - course he has got NO proof - don't be silly - he wants stock himself.
This is going to be 3p in February!

Looking at todays action he is probably wrong.

Buyers in control today ;-)

Looks like this may breakout very quickly



Seems to be on everyones New Year shopping list.

Nice pennant formation. Anyone getting in prior to the T+ jumping in prior to results ?

Trading Statement

RNS Number:6737W
IDN Telecom PLC
10 January 2006


IDN Telecom plc
(the "Company")

Update

IDN Telecom plc, a leading independent provider of telecommunications services
for landline, mobile, data and consultancy, will announce its results for the
year ended 31 October 2005 on 30 January 2006.

The results will show a significant rise in profits, in line with market
expectations, and further growth in revenues compared to the previous year.

For further information please visit www.idn.co.uk or contact:

Barry Roberts, Non Executive Chairman, 0870 777 1775
Mike Morrison, Managing Director, 0870 777 1775
Gordon Hermiston, Finance Director, 0870 777 1775
Jeremy Porter, Seymour Pierce Limited, 020 7107 8000

Notes to Editors

Established in 1996 and floated on the AIM market in 2000, IDN is a leading
independent provider of telecommunication solutions in the UK.

Based in Solihull, near Birmingham, the Company has 40 employees and has now
built up to servicing approximately 1,000 clients across the UK business
community. IDN provides customers with advice on all aspects of communications
management.

The Company's expertise lies in analysing a client's total communication
requirements, with a view to recommending and providing the most appropriate and
cost-effective solution.




This information is provided by RNS
The company news service from the London Stock Exchange

END
TSTAKCKDOBKDBDK

ok guys fingers crossed me in, (bought half million midweek, MM did not have the shares and broker said they would have to work the price and so later in the day i got my shares. order was placed at 8:09 received confirm at aound 11:00) does this mean they are short of stock ?? or is driftwood1 right?

I would not be sitting on the sidelines with this one. Nice write up in Shares Mag this week too.Hey if you get in now you even get the divi !

Nice recovery in price and see this going much higher. Must be one of the best stocks to buy based on fundamentals.

Recovery!

LOL