IDL - Industrea Limited

[Horace]

May need to wait until news of potential aquisition targets emerge. Still holding and looking long term with this.

 

[Crash]

Yep agree, a good acquisition could do wonders. I seem to remember it looked like they might have a dividend in near future, any more word on that?

 

[Horace]

They are making money with reasonable EBIT, they have secured money for future growth and further aquisitions, I think they should reward the faithful.

 

[Crash]

I will be interested what people here, and the market think of the Quarterly report out today.

 

[Crash]

IDL announce new aquisition today. 10 million aquisition of company with more underground equip capabilities and seems like integration with other current businesses.

 

[Horace]

Not sure why the market has reacted this way, 3 cents down on what on the surface appears to be a sound aquisition with more to come. Have I missed something?

 

[abbonz]

Hi yes, I have been watching this stock by the minute for the past 6 weeks since I bought in and yes there is a large investor at play here (in my opinion). I still hold. It's as if they were dropping the stock price on purpose, just prior to the marketplace announcement this time. Maybe so they could buy them at a lower price before that announcement.
If you see the stocks history, you'll note that there is a price dropper (maybe the same one), a few days prior to a good announcement i recall the same thing happened.
So in theory, you buy when you see a drop of 5 cents over 1 week. Check charts yourself as you may see the substantial drop timed just before market announcement.

If you are a medium - long term investor, then you won't have a problem.

Being very new to investing in shares and in particular IDL, I was interested in this post a while back from 'daaussie'. Has anyone got any further comment or insight on the performance of this stock for the last 3-4months? Is it really just a matter of waiting for profit/end of year results? As from my point of view the company appears to be on track with reg. announcements but without any real share price improvement? Maybe I am just being impatient??

 

[imaginator]

Whats up with this stock?

Do u think its going higher?

Whats the trend now? Seems like sideways. Hope it will go up and break the last ceiling this time!

 

[Crash]

This one is bucking the general trend today, announcement of "break through" Russian contract. I cant open pdf files at the moment so thats all I have seen of the announcement.

 

[Crash]

Large volume this morning and up to .47 for the first time in a long time.......can't see any announcements? Anyone?

 

[Dutchy3]

Yep ... away it goes again ... nice volume kick too ... what 60 -70 this time?

Spoke about this one a while ago as it was looking goods

 

[imaginator]

IDL at .49 today!

Yay!

Do you think it will go up much further?

Any reason for it going up?

 

[Crash]

Buy side looks strong, sell side looks weak. Might go for a little run, has been over 50.5 today. I dont know what is driving this?

 

[j4mesa]

Yesterday I put a sell order @0.525 and I got purged this afternoon by ASX.
Does anyone know why ? It is not ex-div or any other ex-entitlement isn't it ?

 

[j4mesa]

Ah...
now I know the price action was driven by the EX-div which is on tomorrow
0.3 c....

Not bad for company with only price of 49.5 c

 

[Crash]

At 52.5 we are in record territory i believe today. So what is pushing this along? Surely not the piddling dividend? I have asked before and I will ask again - is this one a takeover target?

 

[Horace]

Potential aquisition?????? they have $70M odd in the coffers. Whatever the reason hope it keeps going

 

[danc]

gees wots wrong with .03 cents frked on a .45cent share??? you must be a hard man. Better than BHP.
and blue sky today.

 

[Crash]

The share price is going well, and I am greatful there is a dividend at all - great sign. But it is still pretty small say compared to AWB and CML who both had poor years and paid out about a 3.0% div yield - IDL's is about 0.6% div yield on current prices. All I was saying is that the dividend doesnt seem a big enough carrot to affect the share price going up as much as it has.

 

[danc]

give us a break it is not a blue chip,no profit o6 up 800% to 16.5 mill 07 wot do you expect ,. ;;;50 per share???? gees