The team at Montgomery Investments believe that Infomedia (IFM) is a genuine Australian success story on the world stage and recent events may have...

The team at Montgomery Investments believe that Infomedia (IFM) is a genuine Australian success story on the world stage and recent events may have re-positioned the stock in the eyes of the market. Following an extended period of managerial neglect and gradual decline, IFM has more recently been reinvigorated, and in the first half of financial year 2014, it showed solid revenue growth in every geographic region. A suite of updated products is apparently being well received by its target markets, and the management team is optimistic about the pipeline of opportunities ahead of it. Historically the stock has been illiquid so received limited coverage from brokers and analysts. There is now scope for increased liquidity after co-founder and (former) chairman of 27 years, Richard Graham, sold down a large parcel of shares. Montgomery Investments says, given the quality of its business, IFM may start to receive more attention. (VIEW LINK)