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?

Things are really hotting up with IndigoVision now.

Large stake builders are appearing almost daily (check RNS news). With more cash in the bank per share than the shares are currently priced, this is probably the best 'license to print money' bet which the markets have to offer.

The director buys to which you refer occured the day after the company exhibited at a very important security exhibition (IIPSEC).

Watch RNS tomorrow for Patrick Porteous declaring a stake ;-)

The directors buys coming after the trade fair show they must have had a lot of interest in their equipment. Looks good.

IndigoVision Group PLC
20 January 2005


20th January 2005

IndigoVision Group plc ('IndigoVision')

AGM Trading Update


IndigoVision is experiencing an accelerating demand for its market leading IP
Video solutions as the security market continues its migration to the use of
networked video technologies.

Revenues for the year to date are some 75% ahead compared with the same period
last year. Margins for the year to date have increased compared with the same
period last year. Overheads for the first half are expected to be in line with
the same period last year however an increase in overhead spend is projected for
the full year as further resource is directed to supporting the increased sales
revenues

This information is provided by RNS
The company news service from the London Stock Exchange

have been watching this one today, looks like some good news has moved them.

Top % Gainers
# EPIC Name Price Chg %

11 IND Indigovision Ord 1p 108.5 14.5 15.43

taken from Motley Fool (Paul's Pub), some news!

http://www.us.design-reuse.com/news/news10657.html
Extract:
"IndigoVision Technology Behind New Cell-Phone MPEG-4 Chip

June 14, 2005 -- Winbond Electronics Corporation, the Taiwan based integrated circuit manufacturer, has announced the successful completion of tests for its latest MPEG-4 based Codec chips. Using intellectual property from IndigoVision Ltd, the UK based digital network video specialist, the new Winbond chip is targeted at cell-phone customers in the rapidly expanding video over cell-phone market.

IndigoVision provided their unique, market leading, hardware based MPEG-4 Codec soft core IP and Winbond have successfully transferred that IP into silicon in very short time.

Steve Wright ASIC Manager at IndigoVision said, "Winbond chose the IndigoVision IP after an extensive evaluation process because our soft core gives the best video quality available from any MPEG-4 product available today. As the core is silicon verified it is a stable, mature design and hence offers our IP customers a shorter and lower risk route to market", moreover, Sinostar Technologies our exclusive agent in Taiwan , have provided great support enabling Winbond to tape-out the chip on schedule.

Industry analysts have predicted that up to half of the existing worldwide cell-phone users will replace their handsets with video enabled models. But to date consumers have been disappointed with the slow frame rate and poor quality experienced with current technology. The Winbond chips based on IndigoVision MPEG-4 technology are the first of a new breed which can provide high frame rates and high video quality over existing cell-phone networks. Broadcast TV, films, sports and video-conferencing are all applications which will be enhanced by the Winbond chips in cell-phones."


and shares up 9%

The share price has perked up today (on very small volume) after a few days of weakness (also on very little volume).

They should now enjoy a period of strength leading up to the results.

Ian

Could not resist, got some today ! Looking fowrard to a good result.

about 3 turnover, 10p profit and 5 to buy LOL. CCTV companies are two a penny and IND's kit will be copied by the Chinees next year.

this is a great performing share. unfortunately the spread is huge (20p) and the stock very tightly held indeed, thus making it difficult to trade in more than 500/1000 share lots (from memory)

The results are due on Thursday.
They should be excellent figures but the prospects for growth make IND one of the more exciting shares of the moment.
They are very tightly held (as Cynic points out) and only 2 market makers.
However the consequence is that any piece of news gives an exaggerated movement on the SP.
I reckon this week's exaggerated movement could well see it above 600p by Friday afternoon.
Not for widows or orphans though !!!

Ian

nice sharply rising 200 dma and in my amateurish way, looks as though sp may have just broken through resistance at aboit 500 level

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