IMDEX (IMD) Shares

ABOUT IMDEX

IMDEX Limited, an Australian mining technology company, was founded in 1980 and has its headquarters in Perth. The company develops cloud-based devices and drilling optimisation products to streamline the process of identifying and extracting mineral resources.

The company was originally established on December 17, 1980 as Pilbara Gold NL Incorporated. It changed its name to IMDEX Limited in 1985. Today, it operates globally and has a comprehensive distribution network. The latter enables it to provide local and timely solutions to its clientele. It also offers them greater access to international markets, and introduces new technologies to these markets. This comprehensive global footprint gives the company significant operational leverage.

IMDEX Limited supports some of the world’s largest resource companies and drilling contractors. Its offers an innovative edge to global joint ventures focussed on future industry needs.

Some of its industry research partnerships include Olympus, DET CRC, CRC ORE and CSIRO. The company’s leading brands are AMC and REFLEX. It employs approximately 500 people across its operations.

OVERVIEW OF IMDEX

• IMDEX Limited provides downhole instrumentation, data solution and geo-analytics services to development-, exploration- and production companies in the oil and gas-, and exploration industries. It is also a supplier of drilling-fluid products.

• The company’s minerals segment is engaged in the manufacture, sale and rental of downhole instrumentation, the sale and manufacture of drilling fluids and chemicals and related equipment; and the provision of cloud-based management solutions to the mining industry.

• IMDEX Limited operates through a host of subsidiaries such as Samchem Drilling Fluids & Chemicals (Pty) Ltd, IMDEX International (Pty) Ltd, IMDEX Sweden AB, Reflex Instrument Asia Pacific (Pty) Ltd and AMC Chile S.A.

VISION & VALUES OF IMDEX

• IMDEX Limited ascribes its success over the past decades to its competent workforce. It retains and develops its employees by promoting the value of different perspectives, ideas and collective creativity.

• The company’s operations are firmly rooted in core principles such as integrity, commitment, honesty, drive and safety.

• By operating ethically and taking responsibility for its activities, the company stimulates growth and add value for shareholders who purchase company shares.

MARKET PERFORMANCE OF IMDEX

• IMDEX Limited trades on the Australian Securities Exchange (ASX) under the stock symbol IMD.

• For fiscal 2019, the company recorded total revenue of US Dollar 243.7 million, an increase of 12% over the previous fiscal cycle. EBITDA was US Dollar 52.3 million, an increase of 23% over fiscal 2018. Operating cash flow increased by a whopping 121% to US Dollar 35.2 million.

• This excellent performance ensures shareholders who buy or sell company shares of excellent dividends and returns on their investments.

Buy IMDEX stocks / shares – A Step by Step Guide how to Buy / Purchase IMDEX Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy IMDEX Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN IMDEX STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE IMDEX STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of IMDEX stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

1. Is it the best time to buy this stock / share?
2. Should I buy IMDEX stocks / shares in the current economic climate?
3. Can I afford to buy this stock / share?
4. What is the forecast of the stock / share growth?
5. What is the current price per earning ration on the stock / share?