Firstly, I know there is an existing thread but nobody as hardly used it for the last 6 months so I hope you dont mind this new one. Historic details can be transfered here.

Having had a look at this one in depth recently I cant help but feel its fallen back far too much on talk of regulatory pressures within the industry. There comes a point when a fall takes a company back into value territory and I beleive this is the case here.

The forward P/E is only a derd cheap 11 to 31st of Dec 2006, and this falls again to 10 for the following year. The PEG ratio is 0.3 which bodes well and there are forecasts for a 40% increase in earnings per share to the year end.

Its a global name and world leader. The directors of the company have been buying big time in the last few weeks and most purchases were less than the SP NOW.

I will post the recent comment from Citywire below....

Published: 12:29 Tuesday 25 April 2006
By Graeme Dickson, Head of Research Simple CFDs: www.simplecfds.co.uk

Monster Opportunity.

While the last few months have provided some highly profitable trading opportunities within the FTSE 350 arena, ignoring the smaller cap stocks could be detrimental to the overall performance of your CFD portfolio.

In certain instances, a limited number of small cap stocks can give a welcome boost to your CFD portfolio, especially in flat market conditions.
Such stocks will tend to move up and down on its own merits rather than at the mercy of the markets, a trait which is often associated with mid to large cap companies that are sensitive to movements in, for example, the US futures, exchange rates and/or energy prices.

A smaller company share that trades on the AIM market and might be worth indulging in is Monstermob . The company supplies content to mobile phone users, such as downloading games or ring tones and has a strong presence in China, South East Asia, the US and the UK. Over the last twelve months, Monstermob has been on the acquisition trail, which has recently culminated in its purchase of Chinese firm W-Infinity for $81.5 million (45 million ), which is claimed to be earnings enhancing for the current financial year.

The deal should initially be non-dilutive to existing shareholders, as it has been financed by a mixture of cash and loan notes. China is estimated to be the world's largest telecoms market with an approximate 335 million mobile phone users in the country.

The stock is trading on a 2006 multiple of about 11 falling to just above 10 for 2007. This seems a harsh rating for a company, which is expected to grow earnings per share by 33% this year.

Monstermob received a vote of confidence from its directors after three executives bought an aggregate total of 100,000 shares at 319p, while the chairman Hans Snook, the former boss of Orange, bought 50,000 worth at 321p. The size of your position should be commensurate with the risk and therefore modest long positions should be considered at market with a stop loss based on a close below 220p. If the stock closes above 300p add to your position.

Please DYOR.

Cheers GF.

Aghhhhhhhhhhhhhhhhhhhhhhhhhh,

cheers GF.

hope your doing fine tau. Were all in it together.

CAN SOMEBODY TELL ME WHY MONSTERMOB IS TAKING A SPANKING, I BROUGHT IN AT 250 THINKING IT WAS UNDERVALUED, ITS SAILING AT 200 THIS MORNING. ANYBODY ELSE IN THIS?


These results took the market by surprise, and the share price of the mobile phone content supplier plunged 18 per cent to 289p on the day of the announcement. Investors were spooked by news that this acquisition-hungry business is to cease buying any more businesses, to focus instead on growing its existing operations. The share price fall was further compounded by news that the UK operation is facing difficulties resulting from increased competition, which has negatively affected customer retention rates. As a result, profits in the UK will be substantially down this year.

These issues aside, Mostermob does operate in some growth markets overseas. Its business in China, which is the world's largest mobile market, is expected to grow strongly, while the US operation looks set to benefit from regulations allowing direct-to-consumer subscriptions.

Broker Teather and Greenwood forecasts adjusted pre-tax profits of 22.6m (11.3m in 2005) and EPS of 25.6p (18.8p) in 2006.

Ord price: 327p Market value: 166m
Touch: 325-327p 12-month High: 463p Low: 222p
Dividend yield: nil PE ratio: 23
Net asset value: 193p* Net cash: 0.73m
*Includes intangible assets of 92.6m, or 183p a share


Year to Turnover Pre-tax Earnings Dividend per
31 Dec (m) profit (m) per share (p) share (p)
2003 13.9 1.5 5.76 nil
2004 21.1 2.6 8.62 nil
2005 58.2 9.1 14.22 nil
% change +176 +250 +65 -
Last IC view: Fairly priced, 431p, 9 Sep 2005



Monstermob's shares now trade on a forward PE ratio of 13, a deep discount to Nasdaq-listed stocks such as TOM online, which is considered to be the leading mobile content operator in China. However, given the change in the acquisition strategy, this looks justified for now. Fairly priced.

Beats me aswell, its far too cheap.

Thesaurus
Where did you see the trading update............Was this an RNS or paper talk or what ?
GF Seems theres something fishy going on here.............bargains like this just dont happen............could there be a black hole like Isoft???

It seems strange that the company have not to my knowledge issued an RNS saying they know of no reason for market fall over the last 6 week or so.

I know legislation in the industry is a growing threat, but a fall like this?????????.

MonsterMob Group PLC
13 June 2006

For immediate release 13 June, 2006


MONSTERMOB GROUP PLC

Management Changes

Update on Current Trading

Since Monstermob went public in 2003 as a UK ringtone download business, it has
developed rapidly into one of the major participants in the rapidly evolving
mobile media industry with operations in 26 countries.

It has become increasingly clear that the mobile media industry is evolving in
different ways in key markets. In countries with a relatively limited fixed
line broadband telecoms infrastructure, for example, mobile is expected to be
the principal means for customers to access digital content and information,
whilst in Western European markets access will continue to be widely available
through a variety of media.

Monstermob has anticipated these developments by building strong positions in
high growth, developing mobile markets abroad, and these now represent the great
bulk of its business. At the same time, the UK mobile media market has suffered
from adverse market conditions and we have been incurring costs developing new
services in response. The rest of the group's businesses have not been affected
by these challenges and can anticipate developing incremental revenue streams as
technology permits with less competition from alternative media.

The trading performance of the group for the year to date has been consistent
with this picture and the Board currently anticipates that group EBITDA for the
year will be in line with market expectations, except for the fact that we now
anticipate UK EBITDA of about breakeven, 1.5m lower than previously expected.

Monstermob's business M-Dream which was acquired in January 2006 is performing
particularly strongly. By the end of June 2006, Monstermob will have paid a
total of US$16m in new Monstermob shares and cash to M-Dream's previous
shareholders. The total consideration payable is dependent in part on the
performance of the business following acquisition. Accordingly, Monstermob is
increasing its estimate of the balance of the contingent consideration payable
to around US$35-45m, which is due to be paid in new Monstermob stock (priced at
the 60 day average mid market closing price prior to issue) or cash (at
Monstermob's option) once M-Dream's results for the 12 months to end September
2006 have been finalised.

Against this background, the Board of Monstermob has concluded that the group
should focus its resources on developing the opportunities in the most
attractive markets, both through continuing organic development and selective
acquisitions to deepen and broaden its reach.

This international focus has implications for the group's management structure
with the result that the key changes being implemented are:

Niccolo de Masi becomes Group Chief Executive. Since joining
Monstermob in 2004, Niccolo has driven the group's acquisition
expansion into emerging markets and has been responsible for
operational management.

Hans Snook, Chairman, will continue with his current responsibilities
and will also devote more time to the Group's businesses, concentrating
on strategic development.

Martin Higginson, Group Chief Executive, has been asked to stand down
from his responsibilities and leave the group with immediate effect.


Hans Snook commented:

"Monstermob has developed in a very short time into one of the world's major
mobile media groups. It is a profitable and financially robust business with
exciting prospects.

"The group's development and direction mean that the great bulk of its business
and potential now lies far from the UK, and this is likely to become even more
true. Today's announcements reflect this and best meet the needs of the group
for the future.

"We all have much to be grateful for to Martin, who had the vision to identify
and establish a significant business opportunity and we wish him very well in
all his future ventures.

"Niccolo has gained the respect and confidence of all our businesses around the
world and the Board is unanimous in appointing him to lead the group forward."

Niccolo de Masi joined Monstermob in 2004 as Chief Operations Officer, becoming
Group Managing Director in 2005. He has been responsible for operational
management and has been instrumental in the Group's acquisition led expansion
into emerging markets. Before joining Monstermob, Niccolo worked in the
financial services (JPMorgan) and media and technology sectors. Niccolo holds a
BA (Hons) and a MSci (Hons) from Cambridge University.

Ends

Enquiries

Monstermob
c/o Tel: +44 (0) 207 638 9571

Niccolo de Masi, Group CEO
David Marks, Group Finance Director

Citigate Dewe Rogerson
Tel: +44 (0) 207 638 9571

Anthony Carlisle: +44 (0)7973 611888
Lydia Purnell: +44 (0) 207 282 1048

MonsterMob warns on China

MoneyAM

MonsterMob Group, the UK-based ringtone download company, this morning warned that new regulations covering Chinese mobile phone services will make it harder to hold onto its subscribers in the country.

Over the next six months, the country's biggest wireless operator, China Mobile, will introduce a number of measures aimed at addressing complaints over mobile subscription services.

MonsterMob said these measures could hinder its efforts to sign up new Chinese customers over the short term, as well as reducing in its existing subscriber base.

Although it was too early to quantify the impact of the new policies, MonsterMob noted that 40% of its Chinese revenues come from ringtone subscriptions. China, where MonsterMob has made a number of large acquisitions over the past year, accounts for half of group turnover.

Over the longer term, though, MonsterMob reckons the new regulations will reduce the number of companies offering mobile download services, which should benefit its Chinese business.

At the prompting of the Ministry of Information Industry, China Mobile will give subscribers an 11-day to 41-day free trial for any value-added mobile service they order, during which two reminder notices will be sent out.

Meanwhile, the operator will send existing download subscribers a message reminding them of the fees they are being charged, and will start to cancel subscriptions that have not been active for more than four months.

MonsterMob said it would now concentrate on single-purchase sales in China until the environment for subscription services improves.

Glad i'm well away from this particular MOB at the moment.

Down about 65% so far to under 48p....gulp!

The markets over reacting. 60% down is unjustified based on the news, possible opportunity for the ruthless investor to take a few shares.

This is a 'stay away' company...warnings after warnings.

Grief .............and sensible folk (hereabouts) were willing to pay 4 for a turnover about 30m - by comparison Monsoon is (er, was!) about the same sp and has a turnover in the UK about TEN times Monstermob.
/
Must be another case of Dot-Com fever.
/
When you look at the pretax profits a different story emerges: MOB= almost 3m (based on 2004 accounts)...whereas MSN shows about 50m...on that rating IF Monsoon[ MSN] is 'correctly priced' - then MOB should be about 25p

So I conclude that there is still a large chunk of Hope in the sp. (today 4.00pm 58p)

Let's "hope" it returns to 4; so those that bought earlier aren't out of pocket.
Personally I discount any overseas business by 50% for two reasons: 1) You can't check it out and 2) If management forgets to check.... a 'nastly' may surprise them as well.
In the case of MOB I understand much of their income is RiingTones...which looks like a daft business to me.....much the same as thinking gamers will be satisfied with a 1.5" telephone screen to play games or watch movies. Cummon - why have plasma-screens taken off? It's because you need the size to appreciate a big movie with sound effects also........mobile phone films - ugh, with the kit we have now....unless it was really cheap...but why waste a viewing experience on a screen that will make you shortsighted.
Yes I know the Frog ringtone made a fortune for someone - but it's a very rare event and likely to attract competition looking for that single-chance.
Now if this new "China-effect" will reduce income then the sp should be lower still - all IMHO. This is not a share I've invested in.

I brought into this company at 2.40.
Can anyone give me some good news

It looks like it is going much lower yet.



Currently at an all-time low.

Highest riser today - up 35%. Talk of takeover. Should be interesting tomorrow!

Monstermob Group Monstermob confirms it has received an approach

LONDON (AFX) - Monstermob PLC, the mobile phone games and ringtones
provider, has confirmed that it has received an approach.
"The board wishes to stress that discussions are at a preliminary stage, the
proposals being considered are subject to a number of material pre-conditions
and there is no certainty that any offer will be made for the company", the
company said in a statement.
The company, which has seen its share price shed 90 pct of its value in the
last six months, has issued three profit warnings this year, as it struggled to
overcome a UK market slowdown.
The shares yesterday climbed sharply on talk of a bid.

What are the implications for monstermob shareholders if an acquisition does take place---

Slowly but surely this one is ticking up again today. Does anyone know how the potential takeover of MOB is looking- any updates?

30% increase today.

She is running. Another 10% today

OUCH! OUCH! OUCH! CAN ANYONE SEE ANY UPSIDE ON THIS ONE....BROUGHT IN AT 220P

very interesting final results and statement. I shall watch with interest today. I think this is going to fly today (IMO)