News: IFM Infomedia posts FY profit of $12 mln, page-4

I think most are pretty much resigned to IFM being a slow grind upwards. A couple of years ago there was a bit of excitement about this being a growth stock that will "take off", hence why it hit $1.30 a few years back. That excitement quickly subsided when IFM lost a contract and has only signed 2 others since from memory. Year on year subscription growth had been declining so it is interesting to hear new management speak of future acquisitions instead of just organic growth. I think this is more of a "steady as she goes" type of stock. I am happy to cop and reinvest the divi and wait to see what impact the changes over the past year or so will make on the future of the company. It all looks pretty solid as long as IFM continue to retain their current clientele. Any new contract announcement of a major car dealer would certainly put a rocket under the share price and perhaps get it back over the $1 but anyone who has been in this company for longer than a few years knows not to get your hopes up about a clutter of new major dealership signings.

It's nice to see it hit 80c today