Imagination Technologies (#IMG) – recommended offer at 182p per share
- 2017-09-24 23:59:59
Shares in Imagination Technologies (IMG) have currently recovered more than 17%, to 145p, on the back of a “Commencement of formal sale process” announcement…
I previously commented on Imagination Technologies (IMG) a month ago in the aftermath of a “Discussions with Apple regarding license agreement” announcement – on which I noted that the company had rather been “notified” and “asserted” to than in “Discussions with” and that it looked to be daunting organisational upheaval ahoy for it to attempt to achieve a sustainable future. There is now a “Trading and Apple update, planned sale of units” announcement…
Shares in Imagination Technologies (IMG) are currently a bit ahead today – but this only after a precipitous fall yesterday on the back of a “Discussions with Apple regarding license agreement” announcement…
Imagination Technologies (IMG) has updated that “the group's underlying performance, before one-off items, has continued to be broadly in line with expectations, as stated in the announcement published on 17 March 2016… (though overall performance) materially below market expectations, as a result of one-off System-on-Chip design services revenue contract adjustments and bad debt write-offs on two specific customers”. Hmmm…
Imagination Technologies (IMG) has announced “an acceleration of its restructuring programme” and that “the group will undertake asset write-downs as well as record a number of contract and tax provisions”. The following updates with this coming after a dreadful profits alert last month…
Hello Share Mongers. It’s been my practice for a year or two to avoid techno firms like rattlesnakes in the night. But even in the most scary of sectors there are some firms that have potential.
Last commenting on processor and communications technology group Imagination (IMG), I noted vindication in the face of some bulletin board derision but that the shares were now on the watchlist as a buy - see HERE. Does an announcement today of “CEO change, trading update and restructuring” change this?
From the FCA's spreadsheet of short positions required to be disclosed to it, the following details changes to net short positions in the last week (red if short increased, green if reduced)...
Sometimes one is drawn away from the comparative safety- a term I used advisedly because a lack of safety is a characteristic of all equity investing - away from big blue chip shares to smaller much more speculative versions. Such was the situation last October when my wandering eye fell upon Imagination Technologies (IMG); a company with big prospects, low profits, a high price to earnings multiple and a name to conjure with; It has a touch of stardust about it. The sort of name that for some reason puts you in mind of a Steven Spielberg film starring a charming pint sized alien creature lost in space.
Imagination Technologies (IMG) share price has been showing signs of strength again; so where are we heading next in this roller coaster technology share which pays no dividend?







