Infomedia IFM

[macduffy]

I'm a bit surprised that there doesn't seem to be an existing thread for IFM.

They're in the business of providing electronic parts catalogues for the auto industry, on behalf of several of the leading car manufacturers. I held them several years ago and sold out when the strengthening AUD was making life difficult for them - a big proportion of their sales is in foreign currencies. The SP has stagnated around the 20-35c mark for some time but is now starting to climb as the AUD weakens. The recent announcement that they have added Land Rover Jaguar to their catalogue stable has probably also had an effect!

IFM has been a steady dividend payer over the years. It's not cheap but their prospects look better than they have for a long time.

Just a thought starter so DYOR as always. Any holders out there?