http://www.iomart.com/

The Group's principal activity is providing web based managed hosting services for both the consumer and business.

Originally founded in 1998 as an integrated internet and telecommunications company, the Group has evolved to become one of Europe’s largest providers of managed hosting, colocation, data centre, and business continuity services, serving over 300, 000 customers each day. Having been at the forefront of the UK’s technological revolution for the past decade the Group has developed an enviable reputation for its internet expertise, its service ethic and its product innovation.

The Group holds a unique position within the marketplace. By owning its own data centre and network infrastructure, it is able to deliver the complete set of vertical components in the hosting arena from domain names, virtual web space, security, web marketing, SEO, websites, dedicated servers through to complex managed hosting solutions, colocation space, power, cooling and bandwidth.

As more and more mission critical business applications move on to the web, so organisations need more resilience, security and 24 hour management; the market for managed hosting services and datacentre capacity is expected to grow significantly over the next few years.Described by US Analyst Tier 1 as "currently enjoying the sort of momentum that could soon place it on the list of European heavyweights.", the iomart Group is fast proving to be one of the UK's leading lights in the provision of true cloud computing services.

Couple of big sells today , surprised at the rise

Long on IOM . Looking to go for a second stab at getting over 200p resistance and round figure.

BBC TV's Dragons' Den winners park online business with iomart Hosting


http://it.tmcnet.com/news/2012/10/03/6624079.htm

IOM IOMART

Brokers certainly like this one and
looking at its historical P/E compared
to forward P/E you can see it has much
futher to run.

Forward P/E being just 20.2 compared to
historical P/E norm of 31.4

CHEAP imo....

Iomart Group PLC

FORECASTS 2013 2014
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Peel Hunt [A]
03-10-12 BUY 10.40 7.67 1.20 12.80 9.48 1.50
Daniel Stewart
01-10-12 UREV
Singer Capital Markets Ltd [A]
28-09-12 BUY 9.90 7.20 1.10 12.60 9.10 1.30
Milkstone Ltd [A]
28-09-12 BUY 10.00 7.50 1.20 12.60 9.50 1.50
FinnCap
27-09-12 BUY 10.50 7.80 1.20 12.90 9.60 1.50
Canaccord Genuity Ltd
27-09-12 BUY 10.30 8.00 1.13 13.00 10.10 1.35
Nomura Code [A]
28-08-12 BUY 9.70 7.40 1.00 12.70 9.70 1.50

2013 2014
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Consensus 10.40 7.90 1.16 12.95 9.85 1.42
1 Month Change 0.50 0.49 0.04 0.40 0.46 0.03
3 Month Change 1.04 0.48 0.02 1.62 1.32 0.08

Notes to forecasts
(27 Sep 2012) A flag refers to outlook


GROWTH
2012 (A) 2013 (E) 2014 (E)
Norm. EPS 108.79% 24.29% 24.68%
DPS 62.50% 79.23% 22.32%

INVESTMENT RATIOS
2012 (A) 2013 (E) 2014 (E)

EBITDA £11.08m £15.95m £19.50m
EBIT £6.33m £9.00m £11.90m
Dividend Yield 0.32% 0.58% 0.71%
Dividend Cover 9.78x 6.78x 6.91x
PER 31.43x 25.28x 20.28x
PEG 0.29f 1.04f 0.82f
Net Asset Value PS 13.82p p p

Turned positive having another
crack at the 200p sp resistance.

IOM IOMART GROUP

What makes the iomart Group different?

The managed services market is experiencing growth. Cloud and hosting markets are poised to get very big. At $20.3 billion in 2009 cloud hosting/computing markets are anticipated to reach $100.4 billion by 2016. Applications and infrastructure markets are coming together to make information technology delivery a utility, with on demand systems able to scale to meet the needs of users with those users paying for the flexible capacity they use.

Virtualisation, for example, offers the potential for reducing overall IT footprint but its successful implementation requires skill sets and operational management that are not easily found.

Angus MacSween, CEO iomart Group, states: "From a supplier viewpoint, the market is increasingly seeking a collaborative/partner model rather than the traditional 'cookie cutter' approach. If a customer is effectively placing its entire core business in the hands of a third party they will demand more than a standard template service agreement."

"Trust will become the vital USP for any managed and cloud hosting provider, and that provider will be expected to demonstrate core and proven competencies in the hosting market."

"A complete 'one source' managed hosting service is very different to what's on offer from other data centre facility (space and power only) and hosting providers (lease their data centre space from third parties) which places iomart in a very strong position in the market."

The iomart Group is well placed to capitalise in this growing market as it is unique amongst smaller niche managed hosting companies in that it combines over a decade's worth of hosting experience with its own data centre and network infrastructure, employs its own dedicated technical and development staff, and is therefore able to deliver and manage the complete set of vertical components in the hosting arena from domain names to cloud computing via a range of premium brands. In other words, the iomart Group can offer its clients total accountability and assurance.

The Group is proud to stand behind its pledge of delivering 100% business uptime to its customers, a pledge that it can offer because it owns and manages the entire customer experience. For all of us working within the Group it is more than a marketing slogan, it is at the heart of everything we do.

Full deck of BUY recommendations

Forward P/E of 20 to 2014
but this is ground breaking new Tech.....

Iomart Group PLC

FORECASTS WIRES 2013 2014
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Peel Hunt [A]
12-10-12 BUY 10.40 7.67 1.20 12.80 9.48 1.50
Milkstone Ltd [A]
05-10-12 BUY 10.00 7.50 1.20 12.60 9.50 1.50
N+1 Singer [A]
04-10-12 BUY 9.90 7.20 1.10 12.60 9.10 1.30
Daniel Stewart
01-10-12 UREV
FinnCap
27-09-12 BUY 10.50 7.80 1.20 12.90 9.60 1.50
Canaccord Genuity Ltd
27-09-12 BUY 10.30 8.00 1.13 13.00 10.10 1.35
Nomura Code [A]
28-08-12 BUY 9.70 7.40 1.00 12.70 9.70 1.50

2013 2014
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Consensus 10.40 7.90 1.16 12.95 9.85 1.42
1 Month Change 0.50 0.49 0.04 0.40 0.46 0.03
3 Month Change 1.00 0.58 0.02 1.60 1.31 0.05

Notes to forecasts
(27 Sep 2012) A flag refers to outlook


GROWTH
2012 (A) 2013 (E) 2014 (E)
Norm. EPS 108.79% 24.29% 24.68%
DPS 62.50% 79.23% 22.32%

INVESTMENT RATIOS
2012 (A) 2013 (E) 2014 (E)

EBITDA £11.08m £15.95m £19.50m
EBIT £6.33m £9.00m £11.90m
Dividend Yield 0.32% 0.57% 0.70%
Dividend Cover 9.78x 6.78x 6.91x
PER 32.10x 25.82x 20.71x
PEG 0.30f 1.06f 0.84f
Net Asset Value PS 13.82p p p

Affirming their commitment to growth.....
iomart Group Makes Multi-million Pound Investment in Data Centre Fibre Network

http://www.sys-con.com/node/2405327

..."Angus MacSween added: "This will significantly increase our current capacity and national reach, ensuring that we can provide customers with unlimited bandwidth and greater reliability and security, increasing their capability and potential to grow."...

Oh, and it is worth watching the video (link provided in the article):

http://youtu.be/ursRK7XGGBk

Published on Wednesday 17 October 2012 10:29


Iomart, the Glasgow-based website hosting company, is investing millions of pounds in a new optical fibre network to provide its customers with faster connectivity.


The firm has entered into a ten year agreement with Geo Networks to deliver high capacity fibre connectivity into its six UK data centre locations.

The new 1,860 kilometre fibre network means that Iomart will no longer rely on routing customers’ connectivity via multiple providers, giving it total control over its own network.

Chief executive Angus MacSween said: “We are investing millions of pounds over the next decade to give Iomart one of the fastest and most resilient fibre networks of any cloud computing company in the UK.

“It allows us to take our network right up to our customers’ doors which is of huge benefit to organisations wanting secure, private cloud environments.”

The new system will make connectivity between Iomart’s Glasgow and London data centres four times faster than the current industry average.

The group did not put a precise figure on the contract

See iomart is in this weeks IC under five red hot momentum shares.

iomart Group FD chosen as one of Top 20 FDs

08/11/12



Richard Logan makes BDO Hot 20

iomart Group plc (AIM:IOM) finance director Richard Logan has been chosen as one of the top 20 FDs working in the TMT (Technology, Media and Telecommunications) sector.

He was the only Scottish FD honoured in the inaugural BDO Hot 20 FDs in TMT awards, which saw FDs and CFOs nominated across the country by CEO’s, banks, lawyers, private equity houses and media influencers. The Hot 20 was decided by a judging panel of partners from accountancy and business advisory firm BDO, Sara White of Accountancy magazine and Christian Young of Smedvig Capital.
The report by BDO praises Richard Logan’s six year tenure at iomart Group plc as “outstanding” and describes him as being “instrumental in delivering exceptional growth.”

Neil McGill at accountancy and business advisory firm BDO LLP in Glasgow, said: “Our search to find the TMT sector’s elite revealed many inspiring FDs. To be named in the top 20 is a real accolade.

“Like iomart’s Richard Logan, the very best have a distinct role in shaping a company’s strategy. They are a far cry from being ‘yes men’ to CEO’s or investors. Their financial acumen and ability to know when to take a risk, combined with their overriding passion for their sector and desire for their companies to succeed, makes them some of the most impressive business leaders around.”

Angus MacSween, CEO of iomart Group plc, commented: “Richard’s astute financial judgement and his understanding of the technology sector has been a major factor in iomart’s successful strategy of acquisitive and organic growth. He thoroughly deserves this recognition.”

A buy in this weeks Shares mag - They seem to think the shares will be driven right through 2013 due to the £209 million caps impressive forward sales model means around 95% of its currency anticipated £42.6 million of revenue, for the full year to end March 2013, is already pre-booked. This lends significant scope for upgrades to forecasts. Analysts at Canaccord predict revenues to hit £49.4 million next year to end March 2014, rising to £54.3 million by March 2015, for earnings per share (EPS)
of 10.1p and 12.0p respectively. That equates to a price/earnings (PE) multiple of 19.8, ,falling to 16.5, barely above the software sector average15.3. With return on sales of close on 67% and value still to be extracted from last years acquisitions, EPS could reach 14.0p for March 2015. A forward price/earnings ratio of 22, could see Iomart sailing past 300p mark within a year perhaps sooner.

Good 3% rise on not a good trade day, pushed back up above the £2. See the naked trader is keeping hold of his. (Shares) Before I get a comment. :-))

Melbourne Server Hosting welcomes the world with Google Street View
Melbourne Server Hosting is part of iomart Group plc, one of the UK’s leading cloud computing companies, which recently announced a multi-million pound investment in a new super-fast fibre network to provide even greater connectivity to its customers.

22/11/12


http://www.iomart.com/news/221112

Buy in this weeks shares mag - forecasts could be raised in the coming months, reducing the PE or more likely taking the share price higher, with 300p quite possible.

Iomart Group: Canaccord raises target price from 200p to 248p, buy recommendation maintained.

27 November 2012

iomart Group plc

("iomart" or the "Group" or the "Company")

Half Yearly ResultsFINANCIAL HIGHLIGHTS



· Revenue growth of 29% to £19.9m (H1 2012: £15.4m)



· Adjusted EBITDA1 growth of 51% to £7.6m (H1 2012: £5.0m)



· Adjusted profit before tax growth2 of 66% to £4.9m (H1 2012: £3.0m)



· Adjusted basic earnings per share3 from operations increased by 32% to 3.61p (H1 2012: 2.74p)



· Cashflow from operations increased by 54% to £6.4m (H1 2012: £4.1m)





OPERATIONAL HIGHLIGHTS



· Acquisition of Melbourne Server Hosting Limited for a total consideration of £6.7m



· Acquisition of Skymarket Limited for a maximum consideration of £1.4m



· Acquisition of Internet Engineering Limited for a maximum consideration of £1.5m post period end



· Deployment of resilient UK fibre network across all datacentres



· Additional 16,000 sq ft of space acquired to increase datacentre estate





http://www.moneyam.com/action/news/showArticle?id=4491947

Great set of results

Brilliant results.