PhilMcCaviti
08 Jun 2015
IOM announce take-over of competitor today IOM are due to announce their annual results tomorrow morning 9th June.Today, IOM issued an RNS announcing a take-over of a cloud competitor based in London. While the take-over appears to have significant synergies and should lead to increased revenues and possibly increased profits too, the full cost of the take-over is somewhat uncertain at this stage and seems likely to remain uncertain for some time to come.IOM shares ended down almost 3% on the day probably as a result of uncertainty about how much IOM will end up paying for the take-over.I'll have to wait and see what happens to the share price after reading tomorrows RNS from the company. I guess the share price could rise over the coming months as the financial costs of the take-over are revealed. The share price might not rise however if the cost of the take-over turns out to be more than the board of IOM bargained for.If there is one thing that the market does not welcome, it is uncertainty about a business and its future. We'll see!Phil
coldascheese
07 May 2015
Re: New business Looking very good here for a nice rise before results - price is only just coming of the bottom if you look at charts. Recomended by both IC & Shares mag recently.This is the sort of business that grows and grows each year as more companies move to the cloud to keep all their data safe.I expect that once they have signed up they never move again bringing in repeat fees year after year.
Galahads Apprentice
07 May 2015
Re: New business Excellent news and results due next mo
middler2
06 May 2015
New business Not sure if this has been posted before:GLASGOW, Scotland, May 5, 2015 /PRNewswire/ --Field Services Company Says Thin Client Keeps it Secure in Cloud iomart (AIM:IOM), the cloud company that enables businesses to operate their online data and IT environments safely and securely, has provided a secure Hosted Desktop solution for one of the UK's leading field services organisations. (Logo: [link] ) Chase Solutions works with utility companies, banks and debt collection agencies across the UK. It says the move to the cloud with iomart has made it more not less secure and helped it continue to meet the strict security and legal standards demanded by both clients and industry regulators.Michael Wolfenden, Operations Director for Chase Solutions, said: "Hosted desktop is the perfect solution because it allows our management to work on the road without having any important data held on their devices. The whole solution is hosted in iomart's cloud, in their fully compliant and accredited data centres."The laptops used have a minimal operating system based on Linux that is securely configured to only allow access to the cloud environment via thin client software VMWare Horizon. This means only screen images, keyboard and mouse instructions are transmitted between the laptops and the cloud. No data leaves the iomart data centre and therefore there is none of the risk that is normally associated with laptops and data stored on their internal drives. Steve Riley, the IT consultant for Chase Solutions, adds: "All Chase's clients' data is stored securely at iomart's data centre and because no data is stored on the laptops the managers are using they don't have to be encrypted. It means that when Chase responds to a tender for work we can tick every box with regards to security."Phil Worms, Chief Marketing Officer for iomart, said: "Hosted desktop is a great enabler for business. delivering all your desktop services and data direct from our secure data centres you can simplify your IT estate, connect to your corporate desktop from anywhere and scale up and down easily as your staff numbers change." To read the full case study with Chase Solutions click hereContact:Jane RobertsonPR [email protected]+44(0)141-931-6400@iomart
valuemanbuyer
01 Apr 2015
Re: question The truth is the deal dell apart because the Cinven owned competitor was trading below expectations so they would have joined a struggling company - not what they were sold initially. They were bang right to pull out.
tommytomata
01 Apr 2015
question In hindsite should they have taken the Cinven offer? I don't know
middler2
28 Mar 2015
One of top 5! No. 5 worldwide, no. 1 outside USA! See:[link]
tommytomata
23 Mar 2015
slowly ticking up Nice buys to-day and over the last week
coldascheese
23 Feb 2015
Tosca announce holding Tosca RNS holding above 5%-looks good for another bid on Iomart to come within a few weeks-possibly back to old highs, could give at least a 25% gain,maybe more.
tommytomata
18 Feb 2015
Over the £2 Would be nice to kick on from here. I would doubt very much if Gussy would accept anything lower than £3 for a buy out but why would he even consider selling since the future is in the "clouds"
city watcher
11 Feb 2015
Software flies when successful A great prospective company has awoken very recently boasting that it's software is being rated highly by the military and it's name is 'Simigon'. Worth reading about ......................................[link]
Owen Nobody
11 Feb 2015
Re: 242p Target +poss bid Well at least that isn't the house broker promoting the stock.
coldascheese
11 Feb 2015
242p Target +poss bid Singer's say's"Oversold on 5.9x EV/EBITDA cal’15 – Whilst there are risks to the business given the evolving landscape, iomart is not without resources to adapt and remains a highly profitable and cash generative business. We also believe private equity interest will remain high in this area. We set a target price based on 8.5x EV/EBITDA for cal’15, giving a target price of 242p and upgrade to Buy"
coldascheese
11 Feb 2015
Bid coming Could be a bid coming ,if so could bee 50% higher near last years bid price.
Prezza
11 Feb 2015
Stake building Chunky buys including a 2m purchase in 7m volume ,I wager this will become a takeover play as per Willow's speculation a while ago as market concentrates and first mover advantage disappears.
