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IRI - Integrated Research

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Ok here I go sticking my neck out, but something tells me there may be something in this stock.

I'm surprised there is no thread for this company which launched in December 2000. Perhaps it was because it halved its sp in the first 6 months and was regarded as being 'on the nose'.

However, 6 years later it seems that it might onto a good thing. Here we have a software company, known for it's Prognosis product.
As such they support:
  • Automated teller machine and EFTPOS systems
  • High reliability HP NonStop server infrastructure used by banks, stock exchanges, telcos and healthcare organizations
  • Business-critical computer applications running on Windows, UNIX, and Linux server infrastructure
  • Large-scale IP telephony and Voice over IP (VoIP) networks
  • Web applications such as internet banking and online shopping

Now here's the kicker:

From FN Arena:

Among Integrated's clients are four of the world's largest stock exchanges, four of the largest banks, six of the largest telcos, five of the largest oil companies, three of the largest computer manufacturers and two of the world's biggest airlines. From British Airways to Citibank, from General Motors to the New York Stock Exchange, from MasterCard to Deutsche Telecom, we are talking the big boys.

and

Global companies are already recognising the benefits of Prognosis software as a tool within fledgling VoIP systems. Clients include Boeing, British Airways, JP Morgan Chase, Lehman Bros, HSBC and Airbus. But another interesting trend is that global telcos have come to realise that they are fighting a losing battle trying to retain traditional telephony clients when VoIP is on its way to revolutionising communications. Thus they, too, have been forced to get in on the act, such that companies like AT&T, BellSouth, France Telecom and Deutsche Telecom have become "managed service providers" (MSP) of VoIP technology. Typically they will manage Cisco, Avaya and now Nortel systems. But these suppliers typically do not include the sort of management tools within the system necessary for the "power user". Thus the aforementioned telcos all use Prognosis software.

Integrated Research is Australian having its entire software R&D and marketing, and nearly all of its management, are located in Australia - but drawing 97% of its business from offshore. Integrated is an "exporter". We could do with a few of those!

Any views out there?

Sources:
http://www.ir.com/Investor_Relations/page__1797.aspx
and
Integrated Research Finds Its Voice
FN Arena News - May 30 2007 By Greg Peel
 
Really surprised that noone contributed to this thread over the past month - particularly, considering the breakout that has occurred over the past week.
 

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I've patiently held IRI for a few years and with no recent announcements there may some good news imminent judging by the increase in volume
 
I've patiently held IRI for a few years and with no recent announcements there may some good news imminent judging by the increase in volume

If 'a few years' means from late 2004, then you truly have been patient while the stock occilated between .40-.60. Seems to be serious resistance at .59/.60.

Let's hope for your sake that some good news is on the way and you reap some reward.
 

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i bought at an average around 50c - just waiting for VoIP to pick up speed in which IRI is a world leader - the recent increase in price/volume is encouraging but of course there are still risks
 
Been a long time between drinks for this stock - and we are nowhere near out of the woods.

Upp 37.5% today on this announcement:

Sydney, July 10, 2009 - Integrated Research (“IR”) is in the early stages of preparing its financial statements for the year ending 30 June 2009. IR is pleased to announce, based on internal management accounts and subject to audit, that the Company anticipates reporting significant growth in its profit after tax for FY2009 over the equivalent prior year. This has been
brought about by strong second half new license sales in both the IP Telephony and HPNonstop product lines as well as favourable movements in currency between the Australian dollar and US dollar.


Ended on it's high for the day - so where to from now?
 
I try not to associate with conspiracy theorists (and I know this stock attracts very low volumes, historically) but this recent activity strikes me as odd.

One wonders if something is brewing (and that one has been left in the dark, uninformed)? But then some would say 'Is this really the first time?'

Guess we will have to wait until 13 August - when the company's financial ann. is due!
 

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Any update on this stock ?? I see it is starting to move a little and there is a bit of trading activity.

Rod
 
Glad I stumbled onto this thread; I had no idea how widespread the PROGNOSIS performance monitoring tools and solutions for business-critical IT infrastructures was. Moreover, I was shocked to learn of IR's primary customers; major banks, aviation companies, stock exchanges, the list goes on. Amazes me this stock shows such little interest. There's also the recent partnership with Avaya to boot.

I also include some interesting charts on IRI. One that shows that it may be about to breakout of a long held resistance, and the second shows the volume is on the increase with clearly positive money flow. Seems to need to break through around the 56c, but I took a punt on the quality of the company alone as I like the way it reads, also the fact that the IT sector has been particularly smashed due to the GFC. Definitely one to watch in the very short term. Best of luck to those holding.
 

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Thanks a lot for those very interesting observations. I have since read a few reports from various brokers and they share the same sentiment.

Looking forward to seeing how this one plays out.

Rod
 
Have had this one on the watchlist for a while now.
Surged up to around 55c and crashed back after the couple of days of losses and got to 42c.
Really like the long term potential of this company, they have already won contracts with major corporations all over the world and the VOIP technology is a thing of the future.
Current P/E of 9.42 and dividend yeild of approx 9%
No debt to speak of.

Probably will wait to see if there is another pull back but seems to be a fair bit of historical resistance at 40c....
 
Been very quite on this thread for a long time!

Any ideas on why this one has shot up from $0.875 on 11 September to $1.06 today?

Speeding ticket was issued and the response was around a positive result from their 2012 results...
 
Also keen to find out everyone's opinions of this. Looks quite attractive for the long term.
  • Huge market potential
  • No debt
  • On going revenue incase of downturn

Also pays a decent dividend and higher than average earnings.
 
I recall a few years ago they started to move into this voip communications field, now it's their biggest earner.
The founder Mr Killelea, owns 58%+ of the stock.

Earnings & revenue seem to grow evenly every year but the stock price wobbles up and down.
 
I recall a few years ago they started to move into this voip communications field, now it's their biggest earner.
The founder Mr Killelea, owns 58%+ of the stock.

Earnings & revenue seem to grow evenly every year but the stock price wobbles up and down.

Seems like theirs an endless scope for them. What would be a reasonable price to get in at?
 
Seems like theirs an endless scope for them. What would be a reasonable price to get in at?

I'm with Stevier here.
Any insights folks? Keen to miss the swinging price (if there is going to be one) and invest long term at the right point (not on the peak!).

Any reason to suspect overvaluation in this upswing (on the back of recent motley fool releases etc?)

Thanks for your time.
 
IRI is up 10-11% over the past few days.
Any chance it will loose these gains before continuing on its gradual increase once the hype potentially settles down.

Also looking to hold this long term so not too fussed about the short term moves.
 
The P/E is high at the moment. The people who're buying at this price expect great growth in the future. A lot of other stocks related to credit cards have doubled in price in the past 2 years...

visa_mastercard_discovery_iri.png
Visa(V), mastercard(MA), Discovery(DFS)

I don't know about you guys, but I've been using a lot less cash since I started using contact-less credit cards.
 
What would be an optimal price to get in at?
Hoping it will drop back down to around $1.10 from its current price of $1.185.
Thoughts?
 
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