Anyone have any ideas what is affecting the SP of IFM??
I have been a long time holder and have sold out and bought in a couple of times. I believe IFM is ready to really prosper from here. They reported record high EPC subscriptions and so too for their Superservice menu subscriptions. They have about $14 million in cash and at todays close a market cap of $110 million. EBITDA is expected to be $21-$22m and NPAT of $13-$13.5m.
The above achievement is even with the strong AUD hurting their profits. I can see very little downside and a whole lot of upside from 34c.
Stock is usually illiquid so 2 million share turnover unusually high and could be to do with Opes Prime. Looks to be a good opportunity to pick up some more.
Thoughts??
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Last
$1.68 |
Change
0.070(4.35%) |
Mkt cap ! $631.3M |
Open | High | Low | Value | Volume |
$1.54 | $1.68 | $1.51 | $484.0K | 295.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8814 | $1.65 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.68 | 2923 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8814 | 1.650 |
1 | 660 | 1.565 |
1 | 4721 | 1.525 |
1 | 5000 | 1.520 |
1 | 662 | 1.510 |
Price($) | Vol. | No. |
---|---|---|
1.680 | 2923 | 1 |
1.690 | 1200 | 1 |
1.700 | 22148 | 4 |
1.745 | 3982 | 1 |
1.760 | 11086 | 1 |
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