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InTechnology is ready to bounce (ITO)     

joehargan1 - 17 Feb 2005 19:36

InTechnology offers data storage, networking, and computer facilities management. The company announced increased pressure on margins late in January that saw the edgy tech holders do the herd thing and leave in droves...the price fell way way below the real value and the time for rebalancing is upon us...take a close look at the fundamentals and forecasts..they show that this business is incredibly undervalued in 04 we'll see EPS come in 'at around (0.22). Conservative forecasts will see 0.99p in 05, 5.12 in '06 and 6.19p in 07. The big value trades in the last 2 sessions are a precursor to a big bounce as the institutions are already starting to buy back in (several MM+ buys back in yesteday) but be quick - at 55p these will never be cheaper. The chart tells only part of the story, DYOR....

graph.php?epic=ITO

Big Al - 17 Feb 2005 19:41 - 2 of 5

These have been cheaper and may be yet IMO.

There'll be a dcb, but more than that is very uncertain.

More reliable longs/investments methinks.

rsgurm - 18 Mar 2005 15:08 - 3 of 5

buy when this reaches 43.5 to 47.5 range, until then i wouldnt touch it with mine. dyor

joehargan1 - 18 Mar 2005 18:35 - 4 of 5

I'm keeping faith with them for now. Practically zero activiy right now but I still hold that the market overcompensated in January - guess we'll just have to wait and see come the results.

share trader - 01 Nov 2007 12:55 - 5 of 5

ITO to delist from AIM

CLICK HERE
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