Australian (ASX) Stock Market Forum

IDL - Industrea Limited

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IDL was a good buy. I bought it around 40c, held for about 1/2 year before it starts to go above 45c.

ANyway, anyone know why did it break the 50c mark? today 51.5 cents.
 
After struggling to make .50 for so long its nice to see 0.60 so soon after. Good announcement today with a 2.2 million grant for the collision avoidance stuff. Hopefully onward and upward.
 
In response to your query imaginator, ive had this stock for about the same period as yourself, and have kept a close but un-informed on eye on it. I havent seen much in the way of discussion in this forum to explain the sudden price fluctuations (often positive) at times without any reporting and then other periods of positive reporting without any change in price at all.

In saying this the company seems to doing all the right things and the price has eventually got round to reflecting this. So hard to say whether its more complicated than that..? Sure it probably is. :):confused:
 
abbonz said:
In response to your query imaginator, ive had this stock for about the same period as yourself, and have kept a close but un-informed on eye on it. I havent seen much in the way of discussion in this forum to explain the sudden price fluctuations (often positive) at times without any reporting and then other periods of positive reporting without any change in price at all.

In saying this the company seems to doing all the right things and the price has eventually got round to reflecting this. So hard to say whether its more complicated than that..? Sure it probably is. :):confused:
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Im very happy with this stock. Am wondering if I should pick up more.

Its 0.675 today.

ANyone selling yet?
 
Considering the companys acquisition strategy and the fact it still has a large cash loan reserve (60 odd million) to call on for further acquistions, I def still see a lot more potential in this company and its share price. I wont be selling just yet :)
 
At 0.725 on the back of a good AGM today. A smart acquisition with the available cash could really propel this along now. That dollar that someone was waving around a few months back just might be possible?
 
Crash said:
At 0.725 on the back of a good AGM today. A smart acquisition with the available cash could really propel this along now. That dollar that someone was waving around a few months back just might be possible?
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Hm its not bad

Earnings and Dividends Forecast (cents per share)
2007 2008 2009 2010
EPS 3.1 2.9 3.4 4.3
DPS 0.3 1.0 1.1 1.9

Business Description
Industrea Ltd (IDL) (formerly GPS Online Limited (GPO)) is headquartered in Queensland, Australia and comprises a group of companies primarily involved in the provision of mining products & services, with diversified revenue streams arising from construction, asset management and engineering services. The company also acts as distributor for global mining suppliers Sandvik Voist Alpine (Scandinavia), Tagor (Poland) and is the Queensland and Northern Territory integration partner for US based National Instruments. Industrea group offices are also located in Sydney, the Hunter Valley, NSW and Beijing.

Company Strategy
Industrea commits to continue growth in both domestically and international markets through continued strategic acquisitions, generic growth, international marketing and economies of scale. The company pursuit the growth strategy via a numbers of initiatives such as realignment of existing GPS Online structure to business unit model; align cost structure and top line revenue; acquisitions of businesses that are profitable and synergistic; integration of latest acquisitions onto single operational and financial platform; streamlining operational and customer service processes including self-help tutorials and automation. Industrea reported NPAT of $19.33m for the year ended 30 June 2007. Revenues from ordinary activities were $65.38m. Diluted EPS was 3.11 cents compared to 0.006 cents last year. The net operating cash inflow was $5.72m compared to an outflow of $59,000 in the pcp. The maiden final dividend declared was 0.30 cents. The results reflected organic growth with an expanding range of products and services, judicious acquisitions which are EPS positive, and growing export revenues with a heavy bias toward China have produced an exceptional year for Industrea. 45 per cent of revenue was derived from China and expects this dynamic market to be a continued growth engine for Industrea.
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Bought in at .53, seems like today it finally recovered with big volume, IMO due for an ann soon hoefully some good news :)
 
Good announcement, cash flow positive acquisition, anyone else have this and any words on it? Seems like it may go up in the future.
 
I like this stock, especially at the moment.

Looks like it might be ready to go on a bit of a run technically.

Also, I think its undervalued fundamentally.

If I had any free cash at the moment, I would throw it in this direction!
 
Horace said:
http://www.industrea.com.au/html/news/2008/Industrea2008_UBS Investment Research.pdf

The UBS report on Industrea's website has a target price after the Huddy's aquisition of 80c, happy to stick this one out and keep accumulating at these prices, bargain IMHO:)
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Well, I find most broker price targets are way too high! Sometimes double!

Watch out for a fall in global indicies, wont matter what this company does, it will still take a hit!

If you want to accumulate at these prices, make sure you set stops!
 
MRC & Co said:
Well, I find most broker price targets are way too high! Sometimes double!

Watch out for a fall in global indicies, wont matter what this company does, it will still take a hit!

If you want to accumulate at these prices, make sure you set stops!
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The problem with your analysis MRC is that IDL is not exposed to gold in any serious way.

It obviously didn't rally with gold and as UBS note in their analysis, IDL is heavily weighted to coal, a booming commodity:

" Industrea's significant exposure to the coal mining industry places earnings at risk if a sustained fall in the underlying commodity price causes an industry
downturn. With Industrea’s management team committed to making further
acquisitions, there is also the risk that future acquisitions are less successful than those previously made."

IDL is severely oversold and eventually as the earnings are delivered, the shareprice will follow.

I would assume considering the level of appreciation in IDL's price in the bull market that it attracted many overleveraged punters who were there for momentum and not value.

Shares are now simply changing hands from traders and punters to owners.
 
BSD said:
The problem with your analysis MRC is that IDL is not exposed to gold in any serious way.
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Huh? Where did I say anywhere in my analysis that IDL is exposed to gold?

Just because it is my avatar, does not mean I only buy into gold related stocks!
 
MRC & Co said:
If I had any free cash at the moment, I would throw it in this direction!
Click to expand...

God, making money off my other stocks at the moment, but wish I took my own advice here in preference to some of the other choices!

Too bad my $$ was so thinly spread! You can never have enough at this time, with opportunities coming left, right and centre!
 
I have traded this one before and made good $. It is now looking oversold. I think it got hit from the Opes/Lift thing. The broker also loves it. I know several traders more experenced then me (not hard) buying big time. The company is well run and exposed to the coal boom, which doesn't look like being over any time soon. I have bough back in recently and may add more soon.

No reason it won't test previous highs if general market moves up.
 
I think if they keep winning business and celebrating the wins, the market sentiment should remain positive. Today s announcement was another good one.:D upward movement on a down day generally
 
Been watching this stock recently it's still under preforming the market, but it's getting some great consolidation around the high 50cent mark. They keep announcing positive news but can't seem to be able to break into the 60's your thoughts on what it's going to take to get the interest back into this company? Also would be interesting to know if brokers are still shoving this stock down investor mouths...
 

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