IND is 20% up today on some chunky purchases by directors, including Hamish Grossart who is a smart operator. Shares have not been doing anything for some months now after a big spurt last spring.

Does anyone have any info about this company? I only know that it is a software company and historically has made enormous losses. So is it in a turnaround situation and about to break even? Which software sector is it in?

Things are really hotting up with IndigoVision now.

Large stake builders are appearing almost daily (check RNS news). With more cash in the bank per share than the shares are currently priced, this is probably the best 'license to print money' bet which the markets have to offer.

The director buys to which you refer occured the day after the company exhibited at a very important security exhibition (IIPSEC).

Watch RNS tomorrow for Patrick Porteous declaring a stake ;-)

The directors buys coming after the trade fair show they must have had a lot of interest in their equipment. Looks good.

IndigoVision Group PLC
20 January 2005


20th January 2005

IndigoVision Group plc ('IndigoVision')

AGM Trading Update


IndigoVision is experiencing an accelerating demand for its market leading IP
Video solutions as the security market continues its migration to the use of
networked video technologies.

Revenues for the year to date are some 75% ahead compared with the same period
last year. Margins for the year to date have increased compared with the same
period last year. Overheads for the first half are expected to be in line with
the same period last year however an increase in overhead spend is projected for
the full year as further resource is directed to supporting the increased sales
revenues

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

have been watching this one today, looks like some good news has moved them.

Top % Gainers
# EPIC Name Price Chg %

11 IND Indigovision Ord 1p 108.5 14.5 15.43

taken from Motley Fool (Paul's Pub), some news!

http://www.us.design-reuse.com/news/news10657.html
Extract:
"IndigoVision Technology Behind New Cell-Phone MPEG-4 Chip

June 14, 2005 -- Winbond Electronics Corporation, the Taiwan based integrated circuit manufacturer, has announced the successful completion of tests for its latest MPEG-4 based Codec chips. Using intellectual property from IndigoVision Ltd, the UK based digital network video specialist, the new Winbond chip is targeted at cell-phone customers in the rapidly expanding video over cell-phone market.

IndigoVision provided their unique, market leading, hardware based MPEG-4 Codec soft core IP and Winbond have successfully transferred that IP into silicon in very short time.

Steve Wright ASIC Manager at IndigoVision said, "Winbond chose the IndigoVision IP after an extensive evaluation process because our soft core gives the best video quality available from any MPEG-4 product available today. As the core is silicon verified it is a stable, mature design and hence offers our IP customers a shorter and lower risk route to market", moreover, Sinostar Technologies our exclusive agent in Taiwan , have provided great support enabling Winbond to tape-out the chip on schedule.

Industry analysts have predicted that up to half of the existing worldwide cell-phone users will replace their handsets with video enabled models. But to date consumers have been disappointed with the slow frame rate and poor quality experienced with current technology. The Winbond chips based on IndigoVision MPEG-4 technology are the first of a new breed which can provide high frame rates and high video quality over existing cell-phone networks. Broadcast TV, films, sports and video-conferencing are all applications which will be enhanced by the Winbond chips in cell-phones."


and shares up 9%

The share price has perked up today (on very small volume) after a few days of weakness (also on very little volume).

They should now enjoy a period of strength leading up to the results.

Ian

Could not resist, got some today ! Looking fowrard to a good result.

about 3 turnover, 10p profit and 5 to buy LOL. CCTV companies are two a penny and IND's kit will be copied by the Chinees next year.

this is a great performing share. unfortunately the spread is huge (20p) and the stock very tightly held indeed, thus making it difficult to trade in more than 500/1000 share lots (from memory)

The results are due on Thursday.
They should be excellent figures but the prospects for growth make IND one of the more exciting shares of the moment.
They are very tightly held (as Cynic points out) and only 2 market makers.
However the consequence is that any piece of news gives an exaggerated movement on the SP.
I reckon this week's exaggerated movement could well see it above 600p by Friday afternoon.
Not for widows or orphans though !!!

Ian

nice sharply rising 200 dma and in my amateurish way, looks as though sp may have just broken through resistance at aboit 500 level

Results are out:

http://moneyam.uk-wire.com/cgi-bin/articles/200609140700269297I.html

and very good they are too !!!!!

Ian

and very good they are too !!!!!

yes, if they were 60p to buy. these are way overpriced

give it a couple of years and the eps should be approaching 60p !!!

Ian

You may convince some that a current p/e of 70 is value by forecasting in future growth but you are forgeting kits get copied and get cheaper.

Its the same with videos, cd players and Tesco are now selling flat screen TV's for 200. It will be the same for cctv. This company might get away with charging the max now but that will not always be the case.

Savoy

I think we'll have to agree to disagree on this one.

;o)

given that Indigo is such a new company, i don't think normal valuations and p/e comparisons can be made ...... for sure Quantum Leap, a pretty good and well-researched monthly sheet, has rated this company highly at least since late last year.

Savoy-Fusebox-etc.
See your still trying hard to convince us of the error of our ways, but the figures always seem to be ahead of your rantings.
Why not just buy a few and join the sensible people.
Go on you know I`m right.
Cheers.

I also have some, but for sure that is no endorsement to follow suit ...... as i mentioned a couple of days ago, this stock is very illiquid with very wide spread ..... it follows that movements down as well as up can be very violent and unforeseen

Looks as though the market is realising the potential of IND.

Very illiquid share for sure but on days like this ......................

;o)

sp reaction is not at all as i expected ...... tiny volume and just ticking up slowly like a "proper" stock!

The eps forecasts from some of the more reliable BB posters on other boards vary from 34p to 50p for y/e 2007 and into orbit for y/e 2008.

These are guys who got it pretty much spot on for this year when they made their forecasts quite a while ago so I have confidence in their analytical skills in following this Company.

Of course things may go awry in the way of increased competition but even if the most conservative estimates are attained then the current share price, despite today's rise, looks very attractive indeed.

So much so that I have bought more at 555p !!!!!!

Ian

shame i can't find the last copy of Quantum Leap ..... would have liked to see when and at what price they recommended and their opinion now - i.e. before the figures came out .... would not be surprised if they get a further mention in the next issue

porky - 14 Sep 2006 09:47 - 20 of 25
Savoy-Fusebox-etc.
See your still trying hard to convince us of the error of our ways, but the figures always seem to be ahead of your rantings.
Why not just buy a few and join the sensible people.
Go on you know I`m right.
Cheers.



porky,

Firstly I am not fusebox as you well know although I realise that's what you might want others to believe. Secondly I do not know what the error of your ways are. I do know an overpriced share when I see one though. We are all adults here so lets talk like adults. We both know this share would not be the price it is if it wasn't for the support of a well known holder and we also know that when this well known holder is 'done' with this share it will fall back substantially as all his shares do when he has finished with them.

His challenge, and he is doing a very good job at the moment, is not only to exaggerate the company's worth but publicly convince holders he will be supporting the share for a long time while exiting.

Now do tell us about the error of your ways. Do you masturbate in public? LOL

Porky ..... I don't especially take issue with your view, even though i hold IND ..... however, as i mentioned earlier, being such a new company, it is almost imposible to apply the usual yardsticks ..... so, whether or not this share is overvalued as you reckon, or more likley to continue its upward path is perhaps more conjectural than usual.

However, if you look at the chart i have just put in, sp has surged through the steadily rising 200 dma, and on that basis with the clear upward momentum, i would disagree with your prognosis.

black = 200 dma
green = 50 dma
red = 25 dma

cynic .... you are talking bollocks yet again! ...... This isn't a new company at all, though it would seem to be the first time it has broken into profit for the whole year!

For all that, I still hold that the share is not overvalued, or more prosaically, it has strong upward momentum behind it, which tends to self-fulfil.

The CEO's bullish trading comment gives added confidence for he would not have made it if, 2 months down the line when the figures are formalised, he was found to have fallen short ....... "We expect rapid growth to continue in the first half of the current year and are confident for the year as a whole ....."

A friend sent me this link with the message "read this regarding indigo
You will never sell after this ...."
http://business.scotsman.com/technology.cfm?id=1361972006

Savoy.
You must be his twin, and yes I do masturbate,, but not in public, they might get jealous.
I notice the share price is getting away from you today, please don`t wait any longer climb aboard and enjoy the ride..
Cheers.

600p offered and rising ..........................

Savoy old bean ...... it's gone a bit pear shaped

;o)

ludicrously low volume though

lest anyone should be interested, i banked my profit this morning (580) as volumes are so low that it will not take much boredom by holders to see the price tumble whether really warranted or not

lest anyone should be interested, i banked my profit this morning (580) as volumes are so low that it will not take much boredom by holders to see the price tumble whether really warranted or not

You either believe in the long term success of the company or you move on.
Simple as that really.
I should remove it from your watch list, as you are likely to be disappointed on the upside.
Good to take a profit though.
Cheers.

porky .... it was a very nice profit thank you and no one ever went bust taking one ..... nevertheless i shall keep my eye on the stock as if Wall Street sneezes much harder, then there could well be (likely to be) a similar knock-on in London ..... then buying opportunity of one has the funds to hand

IndigoVsion Group plc

AGM Trading Update


The following statement is being made by the Chairman of IndigoVision at the
Annual General Meeting scheduled for 10:30 am today:


'Following good growth last year, trading has continued to be strong since the
year end with markets continuing to develop, and last year's rate of growth
continuing into the first quarter.


Sales for the first three months of the current financial year are around double
that of the corresponding period last year. Margins have continued to be robust
although a little below last year's levels, and better than anticipated given
the much greater sales volume. Overheads have also risen as the rate of
increase in sales and marketing expenditure has been stepped up to make sure
that IndigoVision takes maximum advantage of the opportunity before it. The
continuing market shift from analogue to internet protocol video augurs well for
the remainder of the year, and the Board remains confident that substantial
sales growth will be achieved this year, with a concomitant improvement in
operating performance.'

flying over 700p today.

Ian

thanks for waking me up Ian .... had forgotten all about this little gem ...... certainly has rocketed but on very low volume ..... great care and watchfulness required with this stock as it is very illiquid.

have updated the chart above ..... should be good support at 640, at least for the time being until 25 and 50 dma diverge

here's one to revive! ..... thanks Shares Mag! .... had forgotten all about this little gem

cynic.
Shame on you forgetting, as you rightly say, this little gem.
Have held and still hold, but I have sold in the past and made good profit, but I am now in for the long term, and I shall not be selling any more, come hell or high water.
Get stuck in.
Cheers.

held them several months back and took a decent turn, but will consider buying again, thohygh not sure what i would dump from my portfolio to make room.

Everything.lol

Having it`s usual strong run today after a setback yesterday.
Always seems to move in 5p jumps, nice when it jumps the right way.
Hope you haven`t missed the boat Cynic.
Cheers.

Strong again this morning.

This could be the start of the assault over 1000p

Ian

chart is on post 28 ...... have been out of this for a while and it is certainly quite illiquid and tricky to trade ... however, would agree that there looks to be at least 100p upside and good to see bounce off 50 dma.

have taken the plunge!

Not really a trading stock Cynic.
You won`t regret.

any stock in my book is a trading stock, though i use CFDs and not T10/T25 etc .... trading just means that i can watch throughout the day usually and am happy to take a decent profit or even grit my teeth and cut when necessary

managed with quite a lot of difficulty to secure a meagre 2000 @ 940

Indigo doesn't look promising ... it is a Sell

It has been going down since April when I call a SELL...now 575p.

This is just a good one ...390p now

Glowing figures from IND, share price has at last responded.
Profits to be greater than expected.
End of September we shall find out how much greater.
Looking good for the future good, still securing excellent contracts despite the economic down turn.

far too illiquid to trade with any safety at all

Why not hold them long term, the best is yet to come.

singularly unimpressed with your strategy .....

i see that you held these in March 2007 when they were about 10.00 ..... they are now barely above 5.00 and that is after a strong rally from 4.00 in the very recent past.

don't kid yourself that you haven't lost 5.00 in the last 30 month period ..... of course you have, but have blinkered yourself

No I sold around then for a nice new bathroom, only just reinvested.

if you say so ..... it's not how your subsequent posts read and in direct contradiction of your post 42 in march 2007 .... perhaps hell and high water came on rather more strongly than you anticipated

Your dead right Cynic on the hell and high water it`s called the WIFE!!!!.

she did you a BIG favour then

Steady decline.

i looked at this stock years ago, but it really is totally illiquid and a complete joke to trade or invest ..... only 2 x MM and in lots of 500 only with 30p spread ...... for dumbos only

I predict 90p a share.

Shares in Indigovision close up 16.3 percent after hitting their highest intra-day level in 15 months thanks to an upbeat set of results. The internet video security firm saw operating profit before exceptional items more than double in the year-to end July and offered a special dividend of 70 pence.

"This morning's results confirm a strong year of progress and a positive start to the current year," analysts at N+1 Brewin write, adding that the special dividend is "the highlight", which takes the full year yield to 22.4 percent.

Final Results

Financial Highlights

· Annual revenues up 5% to £30.3m

· Second half revenues up 14% to £15.8m

· Operating profit before exceptional items up 123% to £2.66m

· Adjusted Diluted earnings per share tripled 25.0 pence per share

· Final dividend 5.0 pence per share making 10.0 pence for the year, up 33%

· Proposed special dividend of 70.0 pence per share

Operating Highlights

· 14 new camera variants released

· Camera GatewayTM software launched, providing a truly open system

· 3 year product and technology roadmaps developed

· All sales regions achieved higher operating contributions

· Management changes implemented


http://www.moneyam.com/action/news/showArticle?id=4453090

75p divi coming up on the 31st Oct '12. Looks like the sp is going to take quite a big hit after the event, judging by the steep rise pre-divi.

Nasty fall.

The fall creates an opportunity to pick up stock at an attractive valuation.
The shares trade on just ten times earnings for the year that ends in July 2013., based on earnings per share estimates from broker N+1 Singer of 32.7p. A 9% advance in EPS to 35.6p for July 2014 takes the forward price /earnings ratio (PE) down to 9.2. This one may rally. Earnings might be back-end loaded this year, but a PE multiple of ten looks too cheap, especially when a decent yield is taken into account.

up nearly 6%

IC today has a six month target of 490p

Interesting "gappy" chart.