IBI Group Inc T.IBG.DB.E

Great quarter / Year.

[Calgaryrider]

OldInvestor64 was almost bang on!

Guess (vs Actual):
Cash flow 12 million - Actual was $20M!! 

Sales 98 million - Actual was $98.6M

Guiding for 2021 , 420 million - Actual is $422M!!! Very nice!!

[Possibleidiot01]

To me the big news is "IBI is very pleased to be hosting the Company’s inaugural capital markets focused session for members of the professional investment community within the digital twin of the Smart City Sandbox on March 24, 2021, which will include an environmental, social and governance profile plus an update on the four streams of the Company’s strategic tech pivot. The full virtual

[oldinvestor64]

I am happy that I missed the cash flow number! I think the analysts will like this report and I expect upgrades tomorrow. This company has come a long way, for some of us that remember. It has become more effeicient as it is evidenced by the expansion on the margins, it has has reduced it's financial risk by a factor of 4 or 75%. It has moved strategically into the areas of today's

[Paddy902]

I hope you are correct, but prior to reading your post I was thinking the share price had already appreciated into the level of earnings just reported. Might need one or two more quarters to get well above ten. The projected revenue at 420m, isn't the most ambitious, but here's hoping I am being too pessimistic.

[prophetoffacts]

This post has been removed in accordance with Community Policy

[Paddy902]

Certainly an acquisition would convince me of shorter term upside, but until then I remain long.

[brewster123]

Those lease liabilities really hurt Net Income!!  When do they get past these onerous leases?

[gleninagh]

yet again, the markets do not like what it sees. No matter what this compny does, its value never changes. I have been in since the  time a good dividend was  paid, but i see no prospect for a return of dividends nor significant capital apreciation. Just about time to sell off and move on.

[Possibleidiot01]

That attitude is understandable given when you bought. We have come to expect good results which is why when i commented on the earnings release , I choose to focus on the inagural capital markets day. Good results are not  drawing people to the stock but good results and higher visibility might achieve that capital appreciation. I would hold on.

[Calgaryrider]

You said this last warning when there was no immediate pop. Then it went from $6.65 to $9.95 in around two months.  50%. A few people clearly trade around earnings - yes, even on IBG - and then the real movement happens.   Will it happen again?  I don’t know.  But I know where it should be.   Highhhhher. CR

[staythecourse]

Hey, Gleninagh, I work in one of the IBI practice areas (transportation and technology) and was going to invest back in 2012 when their stock dropped to the $10 level. Then I heard rumours that I will not get into but suffice to say, they were not in a good place and I held back. I started to get in at around $2 and have added since, even at the recent $9 price range. I'm not going to tell you

[Calgaryrider]

Gleninagh’s got a good head on his shoulders.....he’s been here a LONG time,  he’s just a bit grumpier than me....that’s all.  Hahah.  I get called grump all the time in real life.....I just think I’m realistic. All in all, I appreciate Gleninagh’s perspective. Price action on this stock IS almost always disappointing.   I’ve come to realize that we’re never going