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

I've got a shed load of these and topped up with more last week ahead of results later this month. Downside has to be very limited and upside could be dramatic if weak holders don't sell out when the share price rises as it surely must imho. SP was higher when they were still making losses!

IDN off and running prior to results in 2 weeks!

heard this could be the performing stock of 2006...some big names buying it ..EK?

I hope it is.......................It's one of my largest holdings!!

Where is that news from Maestro ?

moneyman...i saw it posted on advfn

Continuing to progress

IDN Telecom PLC
06 July 2006


IDN Telecom plc
( 'IDN' or the 'Company' )

Trading Update

IDN Telecom plc, one of the UK's leading independent providers of communication
services to the upper SME and mid-market sectors, is pleased to provide an
update on sales momentum.

In the Company's interim results, IDN reported increased sales activity and is
pleased to report that this trend in customer growth has continued since. The
series of new contracts now won over the last three months, in aggregate are
expected to contribute to a significant improvement in the Company's financial
performance as they start to come on stream over the next three months. In
particular, IDN has won the following key contracts:

2 well known Retail customers;
1 well known Retail and Hospitality customer;
9 Public Sector Healthcare customers;
2 large Public Sector customers; and
2 other leading companies in the Software and Intellectual Property
sectors.

The Directors believe these new contracts provide an excellent foundation for
further growth in the next financial year.

Chairman Barry Roberts commented:

'Following a very good first half year performance it is particularly
encouraging that demand remains high in our target markets. This continued
success confirms that our strategy of offering high quality Managed Services
across a broad range of communication products to the mid-market is totally
appropriate to the needs of our customers.'

For further information please visit
www.idn.co.uk

A good statement and more progression, but not too much support from investers. My worry is SP will drop again next week as trades dry up again.

Very little support from investors. The latest statement is at odds with the trading statement at the AGM.

"... revenues and margins from some products will diminish due to
technological changes in the sector..."

The VoIP sector is getting far more competitive and margings getting tighter. I wonder were profits will come from.
I am personally doubtfull as to whether things will get better. I expect the share price to fall further yet.

Still going nowhere.

All SELLS today so far, still looking very weak.

Haystack,agree that this share does not have many friends at the moment and the sector is out of favour. However, based on this years forecast of a PE 6.8. and with sales growth of 15% ,earnings growth of 35%, and forecast yield of 4.8% , cash generative and cash positive, they have to be worth a punt. Current 2007 forecasts don't look so good, but could be revised upwards after the recent trading statement.
Many have had high expectations of this company in the past and have become disillusioned, but this could be a turning point, if the market picks up. IMHO, DYOR

All SELLS again today.

Oh dear !

All SELLS today and three MMs out of six down already with 4 of them below 2p on the bid now.

where?

Maybe you didn't notice that it was down today.

Haystack

If you are going to give a daily commentary on the trades, at least try to be a little more balanced in your postings. I haven't seen you update on the 1 million buy or doesn't that count?

Personally I don't really care if IDN goes up or down, but posting only the negative half of the obvious is somewhat trite to say the least.

pth

When I posted the info about the trades it was correct. I was out after that. The price did fall and the MMs were down. You can always look at the trades, its not that difficult. The comment was made using Level 2.

Yep, of course ;-)
Why post the obvious at all? Everyone can see what trades are going through. You going to update on the Buy then?