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Infomedia IFM
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?
Last edited by macduffy; 08-07-2013 at 08:52 AM.
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Member
Not to shabby if you had held
Steady rise since then Mac
Attachment 6193
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They have been very solid McDuff. Unfortunately not many here have them. Although looks a bit toppy now. I expect a retrieval to 90ish cents in the coming months.
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Yes, they've had a great run! Unfortunately, I never bought back in!
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Originally Posted by macduffy
Yes, they've had a great run! Unfortunately, I never bought back in!
No retrieval here. Just an uplift to closed at $1.15 today after going ex div on the 1st Sept (1.89 cents). ASX200 inclusion plays a part. A lot of volume have been churning between fundies, founders.
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It's over a year since anyone posted on IFM. Meanwhile, the SP has drifted as an intriguing tussle for control erupts within the company. Roger Montgomery reports.
Disc: Not holding, although I did many moons ago!
http://rogermontgomery.com/whats-the...eid=9f402457b0
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Banging it's head against the $1.00 ceiling again today for the fourth time. Some people like these nice round prices, which is the only reason I thought I would mention it.
I have been on the register continuously since early September 2016.
Quite surprised to discover that I have made 50% profit on it since then,
and I am somewhat surprised to discover that I am signed up for the DRP.
I have also completely forgotten what is is they do, but while the chart looks good who cares?
But rest assured that if the uptrend starts to look seriously not-uptrendy I will pay it more than five minutes a week of attention.
Suggest you do a little more research on it than I have in the last year and half if you are interested.
The Nation
Last edited by Snow Leopard; 30-07-2018 at 11:15 PM.
om mani peme hum
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There she blows!
Full year out and SP up 12%.
Coincidence? Maybe!
The $1.00 resistance is no more.
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Through $1.50 on the back of the HY result.
It was only 6 months ago we (ok, I) was talking $1.
Looking forward I have hopes that the good things will continue.
Last edited by Snow Leopard; 25-02-2019 at 07:34 PM.
om mani peme hum
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