Brought these shares as a spectulative share has anyone seen any news or read any reports about it's protential?

This is an article that was published after last years results. It gives an interesting insight into how IDN has been transformed.

AT LAY'S SMALL CAPS
Smaller companies spotlight
11 March 2004
EACH week, former Fleet Street City Editor Patrick Lay keeps This Is Money readers up-to-date with a neglected, but exciting sector of the stock market - smaller companies.

Good times at Telecom

Barry Roberts, chairman of IDN Telecom, was in fine form when we met for lunch early this week; the company had just reported that a 2.18m trading loss in 2002 had been turned into a 250,000 pre-tax profit in 2003, and that must be some relief for somebody who is sitting on 75 million shares.

IDN Telecom earns its living by offering clients independent advice on the best providers of telecommunication services for both landline and mobile, as well as data communication services.

The major breakthrough for the company, which now has been suffering from development losses and restructuring in past years, has been to move from advising small and medium-sized companies, to getting involved with some of the giants of industry, local government and health care groups that spend 100,000 to 400,000 a year on their phone bills.

IDN shows companies how much they are spending on such costs, and how much can be saved by choosing an alternative carrier. Once the client is convinced, IDN negotiates terms or commission with the suppliers, who are grateful for the introduction of such valuable business, and charges the clients a fee for the cost saving advice.

Having recommended the best solution, IDN arranges appropriate contracts, service provision and migration across to the new provider - importantly it also reviews the operations regularly and advises on further changes when necessary.

In a market estimated to be worth some 4bn a year, and everybody looking to cut costs, IDN is building a reputation. SQC Research has been looking at the company and says: 'The management is committed to cash flow, profitability and revenue growth - all of which are showing continuous improvement. Big profits are now ahead, against which there are more than 4m of tax losses to use.'

The research group is setting a target price of 6p a share by the end of 2005, virtually double the current market price. That would be good news for Mr Roberts.

The iterims were decribed as showing 'Robust Revenue Growth' and 'Continued Growth in Profitability', so if this has continued then 6p is certainly possible. Come Monday, we will have a better idea as to how things are going.

Commenting upon their interim results Chairman Barry Roberts said:

'The group's trading performance in the first half of the current financial year
has been particularly pleasing, with higher revenues, significant profits and
greater balance sheet strength. The results give us greater confidence that the
performance improvements will continue for the foreseeable future.'
Chairman's Statement

Revenues grew by 38% to close at 6,017,000, whilst profits before tax increased
from 5,000 in the equivalent period last year to 285,000 this year. Earnings
before interest, tax, depreciation and amortisation closed at 425,000, a rise
of 300,000 on the same period last year.

Gross margins closed at 30%, in line with the same period last year. Overheads
continue to reduce and now amount to 25% of revenues, as compared to 29% in the
same period last year.

Results are due on Monday. Let's hope the Chairman's optism was justified.

IDN Telecom FY pretax profit up 155 pct as sales rise 41 pct
AFX


LONDON (AFX) - IDN Telecom PLC, an independent provider of telecommunications services for landline, mobile, data and consultancy, said it achieved its first year of positive operating cash flow as full year pretax profits surged by 155 pct on a 41 pct hike in sales.

In a statement, the company said it expects improvements in its performance will continue in 2005 as pretax profit for the first two months of the current financial year shows a substantial increase over the same period in the previous year.

In the year to October, sales grew to 13.017 mln stg from 9.208 mln, led by new customers and the successful deployment of additional products into existing customers while pretax profit increased from 258,000 stg to 659,000 stg.

The company expects to make further inroads into its key markets in 2005.

newsdesk@afxnews.com

TIMES ON LINE:

February 01, 2005

Smaller stock to watch

IDN Telecom, the AIM-listed provider of telecoms services, edged up 0.02p to 3.17p after reporting its first year of positive operating cashflow since it joined the junior market five years ago. The Solihull company, which has a strong presence in the local government and healthcare markets, reported a 41 per cent rise in revenues to 13 million. Seymour Pierce, house broker, expects profits of 900,000 on sales of 15 million this year.

A nice fat T trade has just gone through.

Hi,

Im very new to the share game so excuse my ignorance, i invested a bit money in IDN about 12 months ago just on a tip from a share magazine and the share price is basically the same now as was a year ago. Anyone ideas on IDN shares, does it have the potential to rise, maybe over 20p in the next couple of years or am I hoping for a bit to much with this one?

cheers

Have been holding out for 2.65p before I buy back in. With the interims just around the corner I'm very tempted at these prices. But was just wondering if anyone has heard about the former director who's been selling his stock, and whether he's still doing it?

No recent news reported, but after the interims, there could be a rush for these. 1st Q was significantly ahead of last year in revenue and profit and they are on a low rating for a profitable growing company imho. dyor.

Just heard a rumour from the other place that there's an RNS due out on Monday giving the date of the interims and a very bullish trading statement.

Looks like the RNS rumour could be true judging by yesterday's and today's rise!

IDN Telecom PLC
15 June 2005
Not long to wait!

IDN Telecom plc

Notice of Results

IDN Telecom plc, a leading independent provider of telecommunications services
for landline, mobile, data and consultancy, will announce its interim results
for the six months ended 30 April 2005 on Monday 20 June 2005.



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

Why is this thread so quiet with the results due on Monday?

Good results. Expect a nice increase today, with news of acquisition still to come.

Nice set of results. Shame the T+ spoilt the party. Growing year on year and positive for the future. VoiP to be launched very soon and an analyst meeting later this week should see a move upto the 3.5-4p level swiftly.

Nice recovery over the last few days.

Got to be a buy at this level. Will be adding some tomorrow myself.

mm

Ive held these before but they look cheap now

May add some tomorrow..

Well they look even cheaper now so will be buying some myself. Looks like the telco sector has turned positive. A nice little company and also making a nice little profit.