Its not often you see a company enjoying such explosive growth in demand as that which Aim debutant Win is forecasting. Formed in 1996, Win provides short messaging services for corporate customers, which enables them to send and receive text messages to and from the mobiles of their client base. Sharing the text message charge with its business customers and mobile operators is how it generates revenues.


IPO information from IC

Wins market, which it shares with four major and a number of smaller competitors, is estimated at 300m this year, having doubled last year. This growth is coming through loud and strong to Wins traffic numbers; it delivered around 105m text messages last year and in the first half this year has delivered over 90m; in the second half so far traffic is running at over double the level seen a year ago. Traditionally, the second half is the stronger following the start of the football season and the surge in mobile phone sales ahead of Christmas.


Following the introduction of cross network premium rate billing, profits are starting to climb, too. After a loss of 1.6m in 2002, on turnover of 4.7m, Win made profits of 360,0000 last year on turnover of 15.3m and, in the first half of 2004, profits of 625,000 on turnover of 13.2m

the following statement from the IPO:


''The second half of 2004 has started well with messages delivered since 1 July
2004 more than twice the level of messages delivered in the equivalent period
last year. Traditionally, WIN benefits in the second half of the year from the
return of the football season in mid August and the increase in mobile phone
sales leading up to Christmas. In addition, a number of new clients signed up in
the first half of 2004 are starting to generate significant revenues. The
Directors look forward to the remainder of 2004 with confidence.

Mkt Cap is just 20m, profits for this year should be about 1.3-1.5m.

I agree with your sentiment;but we need to remember there was a tax credit to help this year's figures and I find it interesting that Monstermob has been marked down to-day even with a set of good results.
My hope is that the results will get a good press and the price will move ahead to reflect the fact of the growth potential.

well in last couple of months we have seen a great trading statement & Merril Lynch buying up 11% of the stock.

Today there are 2 large cross trades.......interesting to see what these are..

At this price on a forward pe of about 12, compared to competitor RGO on a pe in 30's these are a stone cold no-brainer.

In the Times today

WIN the text messaging specialist floated at 2.02 last year, held steady at 2.855 as a line of 1.4 million shares or 14.4% was placed by Arden Partners at 2.70. The sellers were Goldman Sachs and Permira, both pre-float backers, which were released from a 12 month lock-up, due to expire in October, after Arden encountered strond demand from institutional clients

capa

great news....

thanks capa....

i'm in, serious rerating looks likely and possibility of a takeout.

also chart looks good + should break to all time high soon.

June 08, 2005 09:45 AM US Eastern Timezone

Sona Mobile Partners with EFO Group and WIN Financial to Expand Sona's Reach Worldwide

TORONTO--(BUSINESS WIRE)--June 8, 2005--Sona Mobile (OTC Bulletin Board:PERF.OB), a leading provider of enterprise wireless solutions, today announced that it has globally expanded the reach of its services through distribution partnerships with WIN Financial, a subsidiary of WIN plc (WNN on AIM), a leading UK wireless data provider and EFO Group, China's premier provider of investor software.


"Accessing your most critical data on handheld devices has become a necessity for businesses that want to stay ahead of the competition, no matter where in the world you might be," said John Bush, Chief Executive Officer, Sona Mobile. "Sona Mobile is proud to be working with EFO Group and WIN Financial to bring its mobile solutions to smart businesses across the globe."

According to the agreement, both WIN plc and EFO Group will be granted permission to market and sell Sona Mobile's Mobile Markets(TM) enterprise wireless financial product to organizations within their region and under their own brand. Sona Mobile will service and maintain accounts from its offices in New York, London and Toronto.

"EFO is delighted to be working with the leading mobile solutions provider, Sona Mobile, to provide a global financial information access solution to more than 100 million mobile subscribers across China," said Kaiser Chan, President, EFO China. "We believe mobile technology is the key to the future."

Sona Mobile's wireless applications transform enterprise employees' handheld devices into easy to use, secure and reliable pocket-sized computers, capable of interacting with corporate databases and transmitting their most important programs to their mobile devices, whether its marketplace information, order forms or even live, streaming TV. The innovative Sona Wireless Platform (SWP) architecture works across a wide range of mobile devices and operating systems, including Research In Motion's BlackBerry(R) and Microsoft Corp's Windows Mobile(R) lines, without compromising performance or security.

"We've been offering real-time market information to thousands of mobile devices in the major financial institutions for many years now. The service has been very successful but we've inevitably been restricted in what we can deliver by the technological limitations of the pager. Now, with the increased sophistication of devices such as Blackberry and smart-phones, we can raise the bar to offer a much enhanced service to the growing number of professionals who rely on such devices in their everyday work," said Peter Button, Chief Executive Officer, WIN Financial.

About Sona Mobile:

Sona Mobile Inc. is the market-leading provider of secure mobile solutions for access to enterprise information and applications. Sona's success is due to its ability to deliver a rich client experience without compromising performance or security. The key differentiator setting Sona apart from its competitors is the Sona Wireless Development Platform (SWP) and 3D mobile methodology. Founded in 2000, Sona has offices and subsidiaries in the United States, Canada and the United Kingdom. For more information, visit the company Web site at www.sonamobile.com, or contact John Bush 416-866-4100, john.bush@sonamobile.com

About EFO Limited

EFO, leading global financial information provider and multi-markets trading platform integrator in greater China, provides premier client/server and web-portal based financial and analytical solution that combines comprehensive package of real-time market data, on-line trading, analytics and news, professional charting and technical analysis tools to help serious online investors follow the Sino-markets with ease. Established in 1999 by a group of Beijing Qinghua Graduates and returning Masters and Doctors, EFO is heading to be one of the dominant Information and Multi-markets Trading Platform provider in greater China. Visit www.efo.cn for more information, or contact Kaiser Chan 86-13612888858, kc@efo.cn.

About WIN Financial

WIN Financial (formerly Sprintel Communications (UK) Limited) has over 15 years experience in the delivery of real-time financial data to mobile devices. The company is a subsidiary of WIN plc - the AIM-listed wireless data services provider. WIN PLC ("WIN") specialises in the provision of commercial wireless data services including SMS text messaging, MMS picture messaging and realtime financial data transmission to pagers, Blackberry and smart phones. WIN has an enviable list of clients including T-Mobile, O2, BBC, 118-118, Centrica, Barclaycard and The AA. In 2004, the company recorded turnover of GBP 32.7m and pre-tax profits of GBP 1.6m.

Forward-Looking Statement

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes," "anticipates," "plans," "expects," and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements. Reference is made to the Company's public filings with the US Securities and Exchange Commission for further information regarding the Company and its operations.

http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20050608005483&newsLang=en

Nice move at the end of the day.

Still cheapest in the sector by a long chalk.

capa

if WNN is re-rated the same as its peers we're looking at over 5, however more chance of an early takeover.

tipped in 'The Business' on Sunday.

RGO - PE 30.
WNN - PE 14.
RGO less turnover, less cash in the bank than WNN.

seems a no brainer.

Little interest here by the looks of things which is strange.

Breakout over the last few days looks likely to continue imo, MOB motoring too and these are cheaper I reckon.

capa

I think these are heading towards 5.00 pretty swiftly, results out soon should help it along nicely.

capa

Interim results out this a.m are better than I expected.

Looking at 100%+ growth on a modest multiple, miles cheaper than anything else in the sector.

Cash in bank, looking at ways to pay a dividend, optimistic outlook, yet the price drops !!

Got myself some more on the dip.

capa

been a while since posting,
just broken 300p - technical resistance - so could move up quickly.
trading statement recently was very bullish.
Results March, will be very good. PE still about 12, strip out cash that could be 10...

great potential.

Well I'm still holding these, surely my patience will be rewarded soon.

My most frustrating holding by far.

capa

why have they fallen so much?