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.

Angus MacSween, CEO commented,



"This has been another excellent trading period for iomart, delivering substantial growth both organically and through successful acquisitions. Trading in the second half of the year has begun well as the trend to outsource more and more services and infrastructure into the cloud accelerates. We continue to invest in our skills, product sets and infrastructure to deliver an increasing range and depth of cloud services and expect to continue the growth we have recently enjoyed. We therefore look forward with confidence."

IOM IOMART


Here we go first of the upgrades....

RESEARCH ALERT-iomart: Finncap raises price target27 Nov 2012 - 09:23

Nov 27 (Reuters) - iomart group PLC : * Finncap raises price target to 240p from 200p For a summary of rating actions and price target changes on European companies: Reuters Eikon users, click on [RCH/EUROPE] Reuters 3000Xtra users, double-click [RCH/EUROPE] Reuters Station users, click .1580 ((Bangalore Newsroom +91 80 4135 5800; within U.S. +1 646 223 8780))

Someone take the handbrake off. :-))

Come on gf your not trying enough. lol

Here we go...............

27 Nov Iomart Group PLC IOM Finncap Buy 204.63 202.50 200.00 240.00 Reiterates

SP TARGET 240p.

And another one...more to come........

27 Nov Iomart Group PLC IOM N+1 Singer Buy 204.63 202.50 - 230.00 Reiterates

SP Target 230p.

Group Information 2012

http://www.iomart.com/pdf/about_iomart_group.pdf

A hold in this weeks IC. Broker FinnCap forecasts full year adjusted pre-tax profits of £10.6m and EPS of 7.8p, rising to £13m and 9.7p, respectively the year after (from £6.9m and 6.4p in 2012). Growth by acquisition means the company is in a sweet spot. However, with the shares rated on a forward PE ratio of 26, good news is already priced in.

iomart Group plc named as one of Fastest Growing Technology Companies on the Deloitte Technology Fast 500 EMEA 2012

Posted on December 3, 2012


Attributes its 312 % Percent Revenue Growth to Increased Outsourcing to the Cloud

iomart Group plc (AIM:IOM), has announced that it has been ranked 455 on the Deloitte Technology Fast 500 EMEA 2012, a ranking of the 500 fastest growing technology companies in EMEA. Rankings are based on percentage revenue growth over five years.

iomart Group plc grew 312 percent during this period. iomart Group plc’s CEO, Angus MacSween, credits the growing trend for organisations to outsource their IT and iomart’s continued investment in its data centre network with the company’s revenue growth over the past five years.

He said, “We are delighted to have been named in the Technology Fast 500. It’s a reflection of the fact that more and more organisations are choosing iomart to design, deliver and deploy their IT infrastructure. We have just invested in a new high speed fibre optic network to deliver the most secure and scalable hosting, and believe we have the right strategy in place to continue to benefit from the move to the Cloud.”

Several iomart Group customers including Maxymiser, the global expert in multivariate testing and global travel search site Skyscanner, also feature in this year’s Deloitte Technology Fast 500 EMEA list.

“iomart Group plc and the other 2012 Technology Fast 500 winners forged ahead in a challenging economic environment to realize exceptional growth,” said David Halstead, Deloitte United Kingdom and partner in charge of the Deloitte Technology Fast 500 EMEA programme.” We commend iomart Group for this impressive accomplishment.”

Melbourne Server Hosting shortlisted for Manchester Business Awards

Posted on December 17, 2012


iomart Group server hosting company up for Digital and Social Media awards

Melbourne Server Hosting, which is part of iomart Group plc (AIM:IOM), has been shortlisted for two prestigious Manchester business awards.

The popular server hosting company, which owns and operates two data centres on Manchester’s Technopark, has been selected as a finalist in two categories of the City of Manchester Business Awards – Digital and Creative Business of the Year and Best Use of Social Media.

The City of Manchester Business Awards are organised by Downtown Manchester in Business, in association with Manchester City Council and leading marketing and events agency Journey9.

Rajesh Joshi, Brand Manager for Melbourne, said: “We’re buzzing! Our goal is to make sure our customers get the best service from us, however they get in touch, so to be recognised as amongst the leading digital and creative firms in the city and for our use of social media is a real pleasure.”

Michael Taylor, Chairman of Downtown Manchester in Business, said: “The City of Manchester Business Awards is now in its third year, and we are delighted to be working in partnership with Laura Wolfe and her team at Journey9 this time around. We want to make COMBA a must attend evening, and we know that with our extensive network of contacts and members, combined with Journey9’s unmatched reputation for delivering top quality events, we have every chance of making the 2013 awards the best yet”

The winners will be chosen by a panel of judges in combination with an online vote and announced at a glittering awards evening at the Hilton Hotel on Deansgate, Manchester, on 21 March

IOM IOMART

Historic P/E of 31 forward P/E to
2014 19.5, PEG 0.7.

The markets missed this one.

Too cheap.

GROWTH
2012 (A) 2013 (E) 2014 (E)
Norm. EPS 108.79% 21.90% 27.78%
DPS 62.50% 73.85% 32.74%

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

EBITDA £11.08m £15.90m £19.60m
EBIT £6.33m £9.59m £12.63m
Dividend Yield 0.34% 0.58% 0.78%
Dividend Cover 9.78x 6.86x 6.60x
PER 30.44x 24.97x 19.54x
PEG 0.28f 1.14f 0.70f
Net Asset Value PS 13.82p p

Hemscott premium

Date Company Name Broker Rec. Price Old target price New target price Notes

13 Dec Iomart Group PLC Peel Hunt Buy 193.00 230.00 230.00 Reiterates
27 Nov Iomart Group PLC Finncap Buy 193.00 200.00 240.00 Reiterates
27 Nov Iomart Group PLC Nomura Code Neutral 193.00 190.00 - Downgrades
27 Nov Iomart Group PLC N+1 Singer Buy 193.00 - 230.00 Reiterates
26 Nov Iomart Group PLC Canaccord Genuity Buy 193.00 200.00 248.00 Retains

N@P Building Society.

Iomart still a buy tip in this weeks Shares mag.They still seem to think the sp will sail past 300p within a year.

Strong purchasing today, good to see this break the £2.

Seems in the last hr strong purchasing ?

Can the sp stay above the £2 ?

IOM IOMART

Breaking out from Flag chart pattern. (down trend channel)

Brokers certainly behind it.....

Date Company Name Broker Rec. Price Old target price New target price Notes

13 Dec 12 Iomart Group PLC Peel Hunt Buy 208.50 230.00 230.00 Reiterates
27 Nov 12 Iomart Group PLC Finncap Buy 208.50 200.00 240.00 Reiterates
27 Nov 12 Iomart Group PLC Nomura Code Neutral 208.50 190.00 - Downgrades
27 Nov 12 Iomart Group PLC N+1 Singer Buy 208.50 - 230.00 Reiterates
26 Nov 12 Iomart Group PLC Canaccord Genuity Buy 208.50 200.00 248.00 Retains

The movement seemed to start yesterday lunch.

up 7.5%

What the hecks going on here??.

Its been asleep for long enough

Anyway just added.

If news of a company purchase or the like it may not drop. Its got to start driving towards this 300p they keep telling us about. Cup of tea time and a scratch of the head.