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?

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