Iomart (#IOM) – profit warning, notes refreshed strategy “will take time to flow through into results”

Iomart (#IOM) – H1 anticipates revenue “over £56m” (H1 FY20:£55.1m) & adj. EBITDA “approximately £21m” (H1 FY20:£21.8m)

Table of shorted AIM shares - week to 04/10/2019

From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2018 and thus far in 2019 (by net short position %, those in bold not on the list at the start of 2019) – and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...

Iomart – a “pleased to provide” trading update… so why are the shares in retreat?

“iomart Group plc (AIM:IOM), the cloud computing company, is pleased to provide its pre-close trading statement for the six months ended 30 September 2019” – but the shares are currently in retreat…

Iomart (#IOM) – H1 update including “margin performance will be skewed towards the second half of the year, as new orders start to contribute”

Iomart (#IOM) – H1 “in line with management expectations”, “confident in the outlook”

Iomart (#IOM) – FY “in line with market consensus expectations”, anticipates continued growth

Iomart (#IOM) – trading “in line”, “firmly on track to deliver another year of material growth”

Iomart (#IOM) – updates on growth “in line with market consensus expectations”

Iomart (#IOM) – H1 trading “in line with management expectations”, “confident in the outlook”

Zak Mir's Bull Call of the Day No. 1:Iomart Group: Best Case Scenario Target Towards 400p

Given the shocking state of the stock market over recent days, to see any stock maintain a decent uptrend is quite a rarity. This thought comes to mind with the recent charting history of Iomart Group.

Zak Mir's Bull Call Of The Day: Iomart: Dynamic Reversal Targets 320p

What is interesting about the daily chart of Iomart (IOM) is that the way that the September gap to the downside still influences the price action some nine months later. 

Zak Mir's Great Request Show: Iomart, Parity, San Leon Energy

If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at Iomart (IOM), Parity (PTY), San Leon Energy (SLE).

iomart Group - takeover off, where now for the shares?

Commenting on the announcement of a bid approach for iomart Group plc (IOM) I concluded that ‘the price action suggests that shares in iomart would materially drop back on a takeover agreement not now being reached and, whilst the long-term investor may be content to hold, those with a shorter-term horizon should be cognisant that a financial interest here currently looks to effectively be a bet on whether or not a takeover can be agreed’. The following updates with the offer talks now terminated and the shares, having been over 280p, currently trading at 226p.

iomart Group plc – takeover moving closer?

Glasgow-headquartered provider of cloud computing and managed hosting services, iomart (IOM) has announced that “following receipt of an indicative proposal from Cinven regarding a possible offer for iomart at a price of 300 pence per share in cash… at the request of its independent directors… the Panel on Takeovers & Mergers has consented to an extension of the relevant deadline, until 5.00 p.m. on 16 September 2014”. Shares in iomart soared from below 50p in May 2010 to trade now at roughly 279p, having briefly exceeded 300p in September 2013, but are they now worth buying? 

iomart Group shares – worth buying after bid approach?

Shares in Glasgow-headquartered provider of cloud computing and managed hosting services, iomart Group plc (IOM) have continued rising, to a current 260p, following an announcement from Host Europe Holdings Ltd, “a company controlled by funds managed by Cinven Capital Management” that “it has approached Iomart regarding a possible cash offer for 285p per Iomart share”. Iomart has rejected Cinven’s approaches thus far after concluding that they undervalue the shares. What next?