IRI - Integrated Research

[Trav.]

scan picked this up and will be interesting to see how it pans out. Looking at profit guidance on the 15 July to me it seem pretty good but caused a 15.7% drop in SP. Appears to have found support at the 50% retracement level. added to watchlist

 

[rnr]

@Trav.
When you compare the Profit Guidance for FY 2019 with the Half Year Results released on Feb 14th, 2019 the HY 2019 reported a 26% increase in NPAT whilst the FY reported a 10-15% increase in NPAT which is probably a fair indication as to the cause of the price drop.
Was the reaction to that news too severe....time will tell.

 

[Trav.]

@Trav.
Was the reaction to that news too severe....time will tell.

Well I think that we got our answer today

 

[peter2]

A few people selected IRI in their selections for 2020 (CY comp). A shame that none have posted any comments here. IRI is close to yearly highs and within sight of all time highs. The chart is looking quite bullish to me and I'm interested.

 

[peter2]

The price of IRI drifted lower since my last chart post and then a little lower during the CV selloff. IRI has held its value very well and is one of the few standouts in the ASX. I want to buy strong stocks and I've had a nibble at this one as well as a few others.

I'm using wide SLs as I don't think we've seen the bottom yet.

 

[finicky]

Big gap down at $2 which someone alerted me to months ago. I inwardly laughed at the time but he'll probably be shown right that it'll fill.
Held

 

[galumay]

IRI has been on my watchlist for possible investment if it gets cheap enough, getting very close now!

 

[Dona Ferentes]

Software player Integrated Research is forecasting a financial 2020 profit between $23.6 million and $24.2 million on sales between $109.5 million to $111 million. If achieved the result would equal profit growth between 8 per cent to 11 per cent, with sales up between 9 per cent to 10 per cent.

Licence sales are forecast between $70.8 million to $72.3 million, representing 13 per cent to 15 per cent growth, with the strongest performance from its Unified Communications product line.

 

[Country Lad]

I have it as a break today.

 

[Garpal Gumnut]

I have it as a break today.

View attachment 106870

A sweet P & F. Thanks @Country Lad

gg

 

[Miner]

Was today's slump predictable even if the guidance and final results are aligned?

https://www.asx.com.au/asxpdf/20200820/pdf/44lpff27nb8rps.pdf

https://www.fool.com.au/2020/08/20/integrated-research-share-price-falls-13-on-fy-2020-earnings/

 

[tinhat]

Was today's slump predictable even if the guidance and final results are aligned?

https://www.asx.com.au/asxpdf/20200820/pdf/44lpff27nb8rps.pdf

https://www.fool.com.au/2020/08/20/integrated-research-share-price-falls-13-on-fy-2020-earnings/

You and I and everyone else has been here before. Buy the rumour, sell the fact. It is interesting to think about what is happening on the market in a broader sense. Too much hot money flowing in lately. There's got to be a big tree shake coming at the end of this reporting season? Once all the ducks are aligned and the analysts know who is swimming naked and who is treading water the Robin Hood traders will be shook out and volumes will go back to something normal?

What is IRI worth? $5, $4? It's only come back to it's 40 day SMA. That's a rather common (statistically expected) event. 200 day SMA is $3.30.

 

[Miner]

You and I and everyone else has been here before. Buy the rumour, sell the fact. It is interesting to think about what is happening on the market in a broader sense. Too much hot money flowing in lately. There's got to be a big tree shake coming at the end of this reporting season? Once all the ducks are aligned and the analysts know who is swimming naked and who is treading water the Robin Hood traders will be shook out and volumes will go back to something normal?

What is IRI worth? $5, $4? It's only come back to it's 40 day SMA. That's a rather common (statistically expected) event. 200 day SMA is $3.30.

View attachment 107863

GOOD one . I will put a buy note at $3 and wait . Need to do some serious digging on it now. Thanks a lot @tinhat

 

[tinhat]

GOOD one . I will put a buy note at $3 and wait . Need to do some serious digging on it now. Thanks a lot @tinhat

Good luck to you Miner. Your buy target has nothing to do with me though! I've not analysed IRI myself (never owned). I note it has been a Lincoln Stock Doctor star stock for some time. I wouldn't have a clue as to what I would want to buy at.

 

[tinhat]

I have it as a break today.

View attachment 106870

Also, nice to see Country Lad's point and figure charts again. I know he was absent from here for some time. Travelling?

I've not had much luck myself at using P&F for break-out trades. But I'm not a trader. I do find them useful as a secondary confirmation of what I am thinking about trend and potential reversal (in the mix of looking at fib retracements, etc) - it's nice to strip time and volume away from price action. I find P&F more useful for identifying trend reversal, but I don't put much effort into studying TA.

 

[So_Cynical]

Disastrous - share price back to where it was 3 weeks ago, may well take twice as long to go back where it was on Monday.

 

[tinhat]

Disastrous - share price back to where it was 3 weeks ago, may well take twice as long to go back where it was on Monday.

Disastrous is a share price back to where it was three weeks ago. Is anyone on this board living in reality?

 

[So_Cynical]

Disastrous is a share price back to where it was three weeks ago. Is anyone on this board living in reality?

Sarcasm is so hard to express in a forum post.

 

[Cam019]

Sarcasm is so hard to express in a forum post.

Emojis are the answer.

 

[peter2]

Since the selloff after the news (20/8/20) price has continued lower. It's now back at the prior break-out level (~3.50). It remains to be seen if this level will provide any support. I'm not interested in IRI now because the selloff looked impulsive. I'd need some confirmation that a bottom is in, such as a HL to get interested.