i-mate is a developer and supplier of high-end wireless integrated pocket pcs and smartphones, specialising in the Microsoft(R) Windows MobileTM operating system

Forecasts
Year Ending Sales (m) Pre-tax (m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-06 263.00 31.37 13.19p 17.2 n/a n/a n/a 0.0%
31-Mar-07 408.85 50.60 20.54p 11.1 n/a n/a n/a 0.0%

Summary financial information

Year ended Year ended
31 March 2004 31 March 2005
$000 $000

Turnover 37,916 136,151
Gross Profit 8,158 35,057
Gross profit margin 21.5% 25.7%
Operating profit 1,851 14,350
Operating profit margin 4.9% 10.5%
Net cash inflow from operating activities 4,115 12,175

Anyone know why the price has dropped recently to 5p a share?? It's hard to believe when a while back the shares were widely recommended as a good buy. Are they going to go under? Sales still seem ok.

From 200p to 2p...


I-mate Plc sank further into full year loss as sales came in significantly below plan, with the company saying it has adequate capital for at least 12 months.

In a statement, i-mate, which makes Microsoft Windows-compatible mobile devices, however said the next 12 months are looking a lot better and that it will focus on cutting costs.

For the year to Mar. 31, the company's operating loss widened to 62.9 million pounds from 5.4 million pounds last year as revenues fell to 61.0 million pounds from 195.5 million pounds.

The company is also considering the merits of maintaining its listing on AIM.

SORRY FOR THE WRONG CHART ABOVE.

Today's rise 98% represents a few trades, totaling abt 4k - DYOR - but this looks like a "wild swing"....er, IMHO.
Also, there is a risk the listing could fall from AIM, as they are whinging it costs $200,000 ( yes accounts are in dollars) and they may need a new NOMAD at 100,000USD. - check the late Sept08-lengthy RNS; this is reasonably clear.

The Graph tells it all - stay away, other than if you fancy something to frame. 3 in 2006, today about a penny, or two.

They have taken investors' money under wild promises and put it in the shreader - whatever else does this fall represent?, oh deary and it looked so good.

So they are delisting later this month. Huh
Some here may point to obvious woes as the sp fell from early expectations...