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

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?

Because not everyone has Level 2.

If you do'nt like my posts then don't read them. The use of the 'squelch' button may be of use in this context. The alternative is to get used to them. I think that covers your options (oh no, I forgot one. You could just bitch and bleat on about my posts).

Think I'll bitch and bleat.

Oh and you don't need L2 to post, 'all SELLS today'

And no I don't like your posts, because they are invariably (always negative), contain little substance (none at all), are one dimensional and actually don't help anyone at all.

If by some miracle there are all BUYS tomorrow, you gonna post that bit of news?

Oh, and best stay off the DVS thread, you got that wrong as well, no surprise there then :-)

pth

I see Seymour Pierce has reiterated its buy rating for IDN Telecom.

You still have great hopes for this one Rod?

Pete, I like the PE, the current growth forecast and the latest trading statement. I still think we will see some upgrade to the forecasts, and eventually the sentiment towards this sector and this share will change. I just need to be patient!
I've made some of my best gains by being patient with a share that has good fundamentals, but is out of favour. "Don't panic MR Mannering" .
I've made my biggest losses on shares in hot sectors that are being over-hyped and on crazy price to sales ratios with big promises about the future growth potential.

Good luck, I hope it comes off :-)

canary9 -
Seymour Pierce are the house brokers of IDN. Even small children know to ignore house brokers. Don't forget that Seymour Pierce had EVS as a buy shortly before they went belly up (and they were in the same sector as IDN).

ptholden
I post negative comments on IDN, because I am very negative about it.

I regard DVS as an over priced stock. Little positive can be said about DVS at present. The next set of results will still not say much. The set after next should be more informative. DVS have gained a few contracts to supply kits, but the customers look like the kinds of companies that will tie them down to very tight margins. Plenty of companies get contracts by sacrifying their margins. It remains to be seen as to whether DVS is like that. I am afraid that you will have to put up with me on the DVS thread as well.
I expct the DVS price to fall soon.

Wouldn't be surprised if the DVS SP does go down, but it has risen 50% since your negative post on the 2/3 July!!

Apologies to IDN posters for being off topic.

pth

A rising share price is not an indication that it is not over-priced.

Nope, but in the short term - you got it wrong. Plain and simple.

I am not discussing the short term. I am saying I think it is over-valued. SPs may goup and down. The longer term will tell if I am right. As I don't bhave a position on DVS then it is of litle importance to me if it goes up or down in the short term. If you have made money on it then good luck to you. Mind you a profit is not a profit until you are out of the stock.

A few trades which could be buys or sells, but another MM has dropped the price. I expect this to be much lower soon.