.... and are excellent, Canaccords current target price is 9p - and that could soon be revised upwards!

well it will happen now, if you didnt get in yet the days of getting the stock very cheap are over, it was mentioned in the Daily Mail and a list of other investment related websites was in the article aswell...moneyam wasnt even mentioned so dont expect it to stay running for long.

Excellent article in the DM for ADVFN and Clem Chambers.

It didn't mention that MoneyAm has not filed its accounts at Companies House nor its Annual Return which is now months overdue.

Here's the article from the Daily Mail dated Saturday 29th January 2005.

ADVFN's raging bull could be a net winner - Daily Mail - City Investment

Clem Chambers is aflame with optimism. Sitting behind six of his ADVFN colour screens filled with share prices, charts and news flow, he is Mr. Upside with a capital U.

"We are in for a major bull market" he bubbles. "It will go on till 2008 at least. What we have seen so far is just a bump in the road. look at the demography - a billion well-off people in the world. In 20 years there will be 3 billion. They are breeding like rabbits."

This sounds like an internet superbull before the 2000 crash - a subject Chambers knows well. " We chinned it out throughout the dotcom apocalypse," he says.

ADVFN (advanced financial news) was floated at the peak of the boom and its shares have yet to recover. But Chambers' hopes are unbounded for the website which claims 450,000 regular users.

In his modest office opposite the old Stock Exchange Tower, he reels off its attractions. "Free real-time share prices for the UK and 12 foreign markets, the largest bulletin board in Europe, charts, company news, commodities, data - all free."

So how will it make any money? "Advertising is our model - its 50% of our revenue and 60% of our profit."

Though he has 10,000 subscribers, Chambers insists: "We would give it all away free in a heartbeat. We want to collect all the customers in one place."

Those who do subscribe pay from 5 to 99.99 a month for services from futures and options to dealing and orders information for traders. A handfull pay 5,000 a month for a specialised system.

In the year to June last, that added up to revenue of just 2.9 million, up 30%. Losses fell from 1.2 million to 79,000 - " close to breakeven," Chambers claims.

Do not expect much better. Chambers plans to plough back any surpluses. "We could become a cash cow, but we want to grow aggresively. In 10 years' time we could be worth $10 BILLION (my choice of capitals)."

If this sounds romantic, it may be because ADVFN is the only share service with its own dating website, CupidBay. It also has links to two other quoted Chambers companies. Its original parent On Line still owns 28%.

The third AKAEI - the Japanese word for blowfish - was in computer games but after a makeover is now All IPO, which aims to sell new share issues online.

This cuts costs and taps into thousands of investors. Investment banks are interested. All IPO hopes to handle 5 to 10% of a float with juicy fees. ADVFN has 48%.

On trading grounds ADVFN's shares at 4.65 pence look up with events. The market value is 21 million - five times sales.

Though it has a 2 million cash cushion from last year's placing at 4 pence, it remains risky. It has just voted directors a chunk of options at 4.6 pence.

The real attraction is the product, which is expanding and improving. If it keeps this up, it could fetch a high price one day.

Two months ago Dow Jones paid $520 million (277 million) for cbs Marketwatch in the US. This has 8 million visitors monthly, and revenues of 40 million - about 10 times ADVFN's. On a similat take-out price, ADVFN would be worth 28 million - 6 pence a share.

But it is still young, and as Chambers says; "The opportunity is vast".

The top 10 shares websites (by Market Share)

ADVFN 10.07%
Yahoo! UK 6.94%
Interactive Investor 6.87%
MSN MoneyCentral 4.70%
The Motley Fool 4.60%
MSN Money UK 4.18%
Hemscott 4.09%
Yahoo! Finance 3.44%
Thisismoney.com 3.15%
Digital Look 2.24%

JonC/Smallchange: nor did it mention the fact we changed our year end so don't need to have filed our accounts at Companies House nor its Annual Return , nor did it mention that someone has been very selective in the Daily Mail table :-) All highly amusing and you have to wonder why we were approached last year by a certain company and a few others, even more amusing. I wonder if its because we are doing very well and the tills are ringing!! The joys of being a private company, we like cash not "risky" shares(quote from Daily Mail)

At least the journalist had some balance in his article "On trading grounds ADVFN's shares at 4.65 pence look up with events. The market value is 21 million - five times sales.

Though it has a 2 million cash cushion from last year's placing at 4 pence, it remains risky."

So a fiver on AFN going up for 1 day and back down again a day or so and then back up again. Market makers will have a field day.

Nice to let us post a reply to your post Mike, post a reply and ban the users you are replying to. You never used to be like that, infact you wanted nobody banned from using a BB. How times change...

Now that March is here we will finally get a glimpse of the true market cap of the ADVFN information engine. There is now alot more going on with ADVFN than was originaly envisaged with Advertising revenue,Job search revenue,New markets being added,All IPO awaiting FSA Approval and CupidBay attracting more and more users.

Yup its time to put the cards on the table...

have ADVFN ceased trading?

On the blink this morning; fortunately MoneyAm are offering free L2 today!

how do you get L2? all im getting are BARC and HWY....

...you sure ADVFN have not ceased trading?

Mr Magoo,

If you are referring to the trial we are running, please click on the thread at the top of this board and follow the instructions. Once you have completed the process you will need to log out and then back in,

Ian

dont have that many trades to put through

Very nice to have a trial of L2...thanks and just at time free advfn is down.

blimey, ill be asleep then...


Welcome to ADVFN!
Advfn is currently experiencing problems due to a power failure within our infrastructure, we estimate that the site will be available again at approximately 12pm.

How can that happen??? Who didn't implement and thoroughly test a disaster recovery plan then? Doh!

are mike and clem still at like two boys arguing over marbles in the playground?

Pommy; I prefer tiddlywinks:-)


M

http://www.tiddlywinks.org/

http://www.tiddlywinks.org/

Thank God !!!

ADVFN is back !!!

This has been like getting out of a Feffari into an Austin Allegro - how do people PAY for this ????

Sorry ... but talk about no competition .... even giving it away !!

This site is surely doomed

If AFN went down for a month - I think they (subscribers free or not) would still go back

The fact seems to be .. with no money and no chance in investing in a website -it will die

This seems to be on its last legs

Look forward to the posting of your numbers at the end of this month.

Hope that you do survive as AFN (obviously) do need the competition - but guys you really really need to up your game.

Active Trader: Glad you have signed up to our site and I am sure you will enjoy the free trial which we notice you upgraded to yesterday.

We like giving users the chance of trying our products first before getting their credit cards out , we call it try before you buy because its the paying customers after all who pay our bills. Personally I would rather we have 1000s of paying customers(which we do) than 100,000s of customers not paying, but then we are a bit odd in this arena, we like to try and make money, we like to look after our customers and provide as much uptime as possible!

Well put Bullshare but the viewing of portfolio and tracking list is A class on advfn but here its OUT class, I regret to say. That said there are other features that are a great asset.

As I use the site more I am starting to like the feel of it in general.

Will post further comments in due course.