Any ideas why price has decreased so dramatically recently?

Wow that is one powerfull statement....

very bullish.

http://www.investegate.co.uk/Article.aspx?id=201109080700098424N

Latest Broker Buys and expect these to be upgraded in the next few days....

Date Broker name New Price Old price target New price target Broker change

19-Aug-11 Numis Securities Buy 302.10p 400.00p - Upgrade
12-Aug-11 Peel Hunt Limited Buy 334.60p 460.00p - Reiteration
10-Aug-11 Evolution Securities Neutral 315.80p 350.00p - Upgrade
05-Aug-11 Royal Bank of Scotland Hold 326.70p 410.00p - Reiteration

Gone long of IMG, Nice uptrend channel in place first SP target resistance at 500p

Sorry gf but the buy signal was around 380p imo and anything above 490p is worth a quick short imo but I know nothing .

The Market likes this today alright http://www.moneyam.com/action/news/showArticle?id=4275276

Up nearly 13% so far!

One of the few Companies on the SM that I buy anything from, not a bad chart either.

PE is 60+ - Nuf said.

PE is 80.71 - ARM PE is 67.80!

Not quite hangon, Haven't you heard of stop lose settings?

Market like's todays Man. Statement, up 7% so far.
http://www.moneyam.com/action/news/showArticle?id=4324819

Imagination Technologies' full-year profits rise 53%

Imagination Technologies, the British company behind the graphics for the iPad and iPhone, has posted a 53% rise in full-year profits.

Imagination made £36.8m ($57.7m) in adjusted pre-tax profits on revenues up 30% to £127.5m for the year to 30 April, the company said.

The number of graphics and video technology computer chips shipped rose by a third to 325 million.

Imagination also makes the "Pure" brand of digital radios.

You long of IMG Skinny?.

GF - unfortunately not! I have been watching it, but didn't act.

Imagination Technologies was another big gainer after yesterday having announced that it saw notable increases in both royalty and licensing revenues last year, which led to better than anticipated profits. At least four brokers have raised their price target on its shares, including JP Morgan Cazenove and Goldman Sachs . In fact, analysts at these two banks have practically doubled their price targets. Liberum Capital was the exception, it has decided to reiterate its sell recommendation on the firm´s shares

Broker Updates this morning.

21 Jun Imagination... IMG Exane BNP Paribas Outperform 478.20 750.00 750.00 Reiterates 750p SP target.

21 Jun Imagination... IMG Numis Buy 478.20 550.00 590.00 Upgrades

590p SP Target.

Yes - to use a technical term - bugger!

http://www.moneyam.com/action/news/showArticle?id=4444058 Down nearly 9% at the moment.

Brokers with Buy recos looks
encouraging......

Imagination Technologies Group PLC

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

Exane BNP Paribas
19-09-12 BUY 36.00 10.46 63.00 17.61
Singer Capital Markets Ltd
14-09-12 BUY 39.20 11.10 56.20 15.60
Canaccord Genuity Ltd
13-09-12 HOLD 14.40 17.00
Peel Hunt
11-09-12 BUY 46.13 12.52 58.90 16.20
Westhouse Securities
23-08-12 BUY
Numis Securities Ltd
21-06-12 BUY 14.60 21.10
Seymour Pierce [R]
01-05-12 UREV 38.40 11.00 54.00 15.40

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

Consensus 41.81 12.41 58.88 16.83
1 Month Change -1.45 0.13 -0.83 -0.04
3 Month Change -1.45 -0.39 0.65 -0.39


GROWTH
2012 (A) 2013 (E) 2014 (E)
Norm. EPS 1.10% 65.88% 35.62%
DPS % % %

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

EBITDA £33.50m £46.39m £64.69m
EBIT £27.69m £41.06m £62.96m
Dividend Yield 0.00% % %
Dividend Cover x x x
PER 68.37x 41.22x 30.39x
PEG 62.04f 0.63f 0.85f
Net Asset Value PS 47.40p 80.84p 101.16p

IMAGINATION TECHNOLOGIES IMG

Lets put some prices to them
Brokers with Buy notes.

SP targets range from 695p to 750p.

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

14 Sep Imagination... Peel Hunt Buy 524.00 730.00 730.00 Reiterates
14 Sep Imagination... Jefferies International Buy 524.00 724.00 724.00 Retains
13 Sep Imagination... Exane BNP Paribas Outperform 524.00 750.00 750.00 Reiterates
13 Sep Imagination... Investec Buy 524.00 695.00 695.00 Retains

NORWICH & PETERBOROUGH BUILDING SOCIETY

Added another chunk. The lauch of that metal thingy today should boost sentiment for this stock.