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.

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.

Whats going on goldfinger ?

:-))

Starting to move again.

:-))

Ive just got in mate. Sorry Mother isnt well at moment so got to do do some erands etc.

Just see big buys going through.

Puzzled.

Sorry to here about your mum goldfinger, I do hope she makes a speedy recovery.

The company has been way under-valued, Broker Canaccord predicts revenues will hit £49.4 million next year to end March 2014 and rise a further 10% to £54.3 million by 2015. Earnings per share (EPS) of 10.1p and 12.0p respectively. That equates to a price earnings (PE) multiple of 19.9, falling to 16.8, barely above the software sector average 15.9. With return of sales on close on 67%, value still to be
extracted from acquisitions last year, plus impressive visibility and cash generation, EPS to March 2015 could reach 14.0p and justify a premium rating. Matching the 22 times rating attributed by thee market to peer Telecity (TCY) could see the shares sailing past the 300p mark within a year.

Consensus on the Software and computer services sector

Total broker Buy ratings on stocks 74 +

Total broker Hold ratings on stocks 65 .

Total broker Sell ratings on stocks 16 -

Posted on January 22, 2013


iomart Group cloud computing company described as ‘one to watch’ for 2013

iomart Group plc is delighted to announce that it’s bespoke cloud and managed hosting company iomart Hosting has been voted Best Managed Hosting Service at the 7th Annual Web Hosting Awards

The Awards, organised by web hosting guide Host Review, recognise and honour the web hosting companies that are prominent and excel in their business sector and are one of the most prestigious sets of web hosting awards in the industry.

iomart Hosting was also voted one of the Best Managed Cloud Hosting (4th place) and Best Web Hosting (6th place) companies in the world.

Sarah Haran, Managing Director of iomart Hosting, said: “It’s fantastic to be recognized by HostReview as one of the world’s leading providers of managed and cloud hosting. iomart Hosting provides the most reliable, secure and highly available mission critical and business critical hosting and great credit goes to all our employees’ for the hard work they put in to ensure that our customers have peace of mind around their IT infrastructure.”

HostReview said of all the winners: “These are the web hosting providers to keep an eye on in 2013, as they are the best providers to solutions for your web hosting needs, offering cutting-edge technologies and services.”

This year the scope of the HostReview Annual Awards was expanded to cover the increased demand for cloud services by adding three new categories reflecting the latest developments in the cloud space. When ranking the hosting companies, the HostReview team took into account a number of factors, including service quality, customer support, package diversity, new products, and overall performance. The full awards can be viewed at http://www.hostreview.com/awards/2012

If they are buys gone through (3x very large buys) , looks like more upside to come.

The latest share rise has been due to Director share buying and positive fund manager meetings.

Right wondered what was going on cheers DC.

UP about 19% since the start of jan, started to move again this afternoon.