tangle
- 02 Oct 2011 11:26
- 59 of 64
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. "
tangle
- 10 Oct 2011 07:11
- 61 of 64
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."
tangle
- 22 Oct 2011 14:02
- 62 of 64
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.
tangle
- 29 Oct 2011 10:56
- 63 of 64
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 :)
tangle
- 08 Apr 2012 16:59
- 64 of 64
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.