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?

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