Australian (ASX) Stock Market Forum

IDL - Industrea Limited

Article in the Smart Investor and a new research report, the fundamentalist will have plenty of reading this weekend.

The Ord Minnett research paper only has a 'conservative' valuation of 44c, by highlights the potential for that to increase over the coming months. At a close of 39c yesterday, 44c looks to be fast approaching. :)
 
Net profit Before Tax up $7.4 million for six months to December 2006
Upgraded full year earnings guidance by $2.6 million to $14.9 Million

"INDUSTREA will continue to look for opportunities, both organically and through acquisitions, to persue and further accelerate growth"
 
albi000 said:
Net profit Before Tax up $7.4 million for six months to December 2006
Upgraded full year earnings guidance by $2.6 million to $14.9 Million

"INDUSTREA will continue to look for opportunities, both organically and through acquisitions, to persue and further accelerate growth"

Confirms by belief...This Co will be a standout in 2007 and 2008.

I'm fully loaded in this one...but will try to accumulate more over the next few months.

Royce
 
Back up to 41c high this morning. Big numbers traded, lots of sellers coming in at market holding it back. Big bank of buyers under 41c.

The director who sold $1.7million of shares at 36 cents on 13/3 will be kicking himself surely?
 
Crash said:
Back up to 41c high this morning. Big numbers traded, lots of sellers coming in at market holding it back. Big bank of buyers under 41c.

The director who sold $1.7million of shares at 36 cents on 13/3 will be kicking himself surely?


Not as much as the minnows that bailed on the 28/2, at least the director offloaded into strength and at a premium considering market sentiment.

IDL has trended strongly over recent months and certainly since the spike in february, pushing highs ATM....recent price action confirms the positive fundamental sentiment of holders with a longer term view:2twocents
 
I like a few things about this company:

1. That it's aggressively expanding and re-defining itself;

2. That it's tied to some quality companies;

3. That it's in the mining sector.

Depending what your view is of point 3, this looks to be a good long-term hold.

Having said that, I'm in!

Ty.
 
tybutler said:
I like a few things about this company:

1. That it's aggressively expanding and re-defining itself;

2. That it's tied to some quality companies;

3. That it's in the mining sector.

Depending what your view is of point 3, this looks to be a good long-term hold.

Having said that, I'm in!

Ty.

and an extremely smart CEO...who will take this Co to new heights.

bought a few more today.

Royce
 
albi000 said:
Article in the Smart Investor and a new research report, the fundamentalist will have plenty of reading this weekend.

The Ord Minnett research paper only has a 'conservative' valuation of 44c, by highlights the potential for that to increase over the coming months. At a close of 39c yesterday, 44c looks to be fast approaching. :)

Forgot to mention in my previous post, Ord Minnetts valuation has now increased to 51cents and yes thats fast approaching.

Royce
 
51c now that would be nice, plenty getting a bargain today at .405 then. I am a bit top heavy on these so I wont be buying any more myself for now. Still big numbers of buyers waiting at 40c and 39.5c.
 
Seems to have gone into a long term holding pattern around 40c - dont see any upward indications - guess we are going to have to see positive results before anymore movements?
 
Yes has been in consolidation mode for a cuppler months...Can't be long now before the next positive announcement.

Royce
 
Back at 43c now, good trading numbers returning here today. Lots of buyers under 42.5. Again no obvious driver for this? Can it break free this time and continue moving up?
 
Best looking chart I can see at the moment ... long way to go on this one
 

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Nice start this morning to 46.5, lets hope we see some more improvement this week.
 
After such a stagnant period, really moving on now. Have their been any articles/recommendations around this of late to bring in buyer interest?
 
After such a stagnant period, really moving on now. Have their been any articles/recommendations around this of late to bring in buyer interest?

Quarterly should be out monday or tuesday, maybe this is the reason. I'am
expecting good results. This company could be another BKN.
 
Ok, cool. Well there still seems to be plenty of buyer interest under 48c keeping this up. Look forward to that announcement.
 
Nice announcement this morning about AMT signing up some more collision avoidance equipment contracts with a big miner. :xyxthumbs No value provided though due to confidentiality.
 
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