The Business Model.

The mutual.net plc, the AIM quoted on-line reward company has developed a website to act as a portal for its members to access around 500 online shopping sites. Themutual.net incentivises shoppers by rewarding them with shares in the Company or with points which are redeemable for cash. themutual.net now has over 1.15 million registered members. This Xmas as seen an explosion in online shopping and all indications are that this one as done very well.

Highlights From Last Interim Results 31st Oct 2004.


Membership grown to over 1.15 million

Over 1 million visitors sent per month to advertisers' websites

Share consolidation completed, cash rewards introduced and share buy-back
programme initiated

Increased revenue by 94% to 1.53 million (6 months to 31 Oct 2003: 0.79m)

Doubled EBITDA to 0.68 million (2003: 0.34 m)

75% increase in pre-tax profit to 0.38 million (2003: 0.22m)

Cash at bank increased to 1.225 million (against 0.919m at April year end 2004.

Director Speak.

Mark Smith, CEO, said: 'This has been a period of good progress for
themutual.net, which saw the company consolidate its position as a major
facilitator of email marketing and online shopping. We are delighted with the
strong growth in our website and email marketing revenues, which has flowed
through to enhance our profitability and balance sheet. With the development of
MutualShop and the substantial continued growth in the online advertising
market, we look forward to the future with confidence.'


Activity During The Period.

During this period we implemented a number of strategies to deal with the
challenges that email marketing faces now and, potentially, in the future.
These included:

* Working closely with ISP's to improve understanding and cooperation with
regard to email delivery;

* Double opt-in registration to ensure the validity and quality of new
members;

* Collection and use of increased targeting data to assist in delivering
mails that are both relevant and effective to our members and our clients;
and

* The introduction of an eCRM program to educate new members and further
encourage existing members to utilise our services.


Outlook Statement From The Chairman.

From our website activity, themutual.net now generates in excess of 1,500,000
of online sales for our website partners each month. We anticipate this will be
greatly enhanced by the introduction of the MutualShop, our new shopping portal
which is due for `soft' launch shortly before Xmas, with a final launch to
include price-comparison shopping and full functionality by the financial year
end. This is the largest overhaul of the website that the company has
undertaken, including a full redesign, and will be further supported by adding
user functionality, allowing better control of their membership and the number
of emails received.

To have managed such internal change while the company continued its
substantial growth in revenue and profitability is a strong achievement and
testament to the scalability of our business model and operations.

We have also begun exploratory analysis of launching a similar product into
France and Germany. We will report on this further at the year end.

Fundies.

In their note of 29th November 2004, Durlacher has forecast 2.2p a share in earnings for 2006, which means that TMN is on a forward PE of just over 14.

The average multiple for the sector is 26, and then there is ASOS on a 2006 PE of around 27. Clearly there is a good argument for TMN to be re-rated.

I notice that Growth Company Investor tipped TMN recently at 30p. Hopefully the next few months will ensure the re-rating will get underway for themutual.net.

Dyor.

cheers Gf.

goldfinger - 21 Feb 2005 14:04 - 32 of 39
Get shut, I thought I had posted on here I had got out the same day as the Financial Director sold 2.5% of the company and nearlly all of his holding.

The accountant selling coming up to results, doesnt smell right.

cheers GF.



LOL...yeah right...what a ramp at the top that was in Januray mate...

wanna buy a flyer then buy some FIB and get Jam very soon not tomorrow

I know no one is really interested in this share and i wouldn`t encourage anyone to buy them but i thought it was worth a mention today on the back of yesterdays decent results and the 11% rise so far today.
Get shopping you really can get something for nothing it may take you a while though.
DB66

There has been some quite large volumes going through the last couple of days which have resulted in a decent rise in the SP.
I am not generally a fan of internet stocks but online shopping and advertising is a growth sector and has a long way to go in my opinion,besides these shares were for nothing ! maybe you should give it a go,what have you got to lose?
DB66

Well it seems they are expanding a quite a pace now.

themutual.net PLC - Acquisition

themutual.net plc
Acquisition of iD Factor Limited
themutual.net plc, ("TMN" or "themutual.net") the online media owner
specialising in direct email marketing and rewarded shopping portals, is
pleased to announce the acquisition of the entire issued share capital of iD
Factor Limited ("IDF"), the online market research services company, for an
initial consideration of £0.13 million, and deferred consideration of up to £
2.86 million depending on the future profitability of IDF (the "Acquisition").
Highlights
* Provides a solid foothold in the rapidly growing online survey market

* Highly complementary with existing group data

* IDF has over 200,000 members available through its panel-based databases

* Strong technology platform & infrastructure for growth

* IDF managing director joins TMN board

* Opportunity to build further research panel from TMN's existing databases

Mark Smith, CEO, said,
"This is a hugely exciting acquisition which opens up opportunities in the
booming online market research sector and, fits neatly with our vision of
making themutual.net a one-stop service for online marketers. We're delighted
to add the expertise and technology of iD Factor to our group and look forward
to applying TMN's additional resources to realize the excellent growth
potential of IDF.
Combined with our recent acquisition of EDR, we feel that the TMN is now at the
forefront of online direct marketing and the addition of IDF further
strengthens our position in a growing marketplace."
The initial payment comprises £30,000 in cash and £100,000 through the issue of
loan notes, the deferred consideration of up to £2.86 million is payable up to
£1,033,334 by way of the issue of additional loan notes and up to £1,826,666
million through the issue to the vendors of new ordinary shares of 0.01p each
in TMN ("Contingent Shares") in four instalments at the prevailing share price.
The number of Contingent Shares to be issued in each instalment is dependent on
the profitability of IDF for the relevant period, being the 6 months ending
30th April 2006 and the years ending 30th April 2007, 2008 and 2009
respectively.
The loan notes to be issued to the Sellers in conjunction with the Acquisition
accrue interest on a day-to-day basis on the notes in issue at the rate of 2%.
The principal amount and accrued interest on a note can be redeemed by the
holder of a note not earlier than one year and not later than three years from
the date of issue of the relevant note.
Jon Gumbrell has been appointed to the Board of TMN effective from Completion.

I know there is no interest in TMN but in its defence i have got to say this is my best performing share! Firstly they were free and while i`m still accumulating them albeit slowly,they are steadily rising.
I am well aware that people might have been put off from what has happened to Deal Group Media but i do believe that with their with the increase in online shopping ,shareholder loyalty and the recent acquisitions they are better placed than ever.
I do think its market capital is about right at the moment as we need to see how the recent acquisitions perform,but given the two late buys of 500,000 shares it looks like someone has faith in the future of TMN.

Holding(s) in Company

16 January 2006

themutual.net plc ("the Company")

Holding in Company

The Company has today received notification from Foresight Technology VCT plc
("Foresight") that, following a disposal of 500,000 Ordinary Shares of 0.01p
each ("Ordinary Shares") on 13 January 2006, Foresight now has a notifiable
interest in 1,677,302 Ordinary Shares in the Company representing approximately
3.47% of the issued ordinary share capital.

themutual.net plc currently have 48,381,616 Ordinary Shares of 0.01p each in
issue.


Enquiries:

Peter Coveney
Financial Director
themutual.net plc 020 7440 9312

Looks like i was wrong about two late buys on Firday one was a sell,it was listed as unknown on Friday and was so close to the buy price i pressumed it was a buy sorry.
Anyway it still rose to an all time high today.

Still ticking up slowly,probably on the news that retail and online shopping sales were well up on last year.
Some large buys going through today.

I`m not trying to ramp this stock or persuade any body to buy this stock ,i just want to find other holders and their opinions.
I will leave the share tipping to others.

Internet shopping reaches 10% of retail sales

Ashley Seager
Friday January 20, 2006
The Guardian


The value of goods sold over the internet rose by 50% this Christmas compared with last year, figures out today show, in a sign of the growing power of the internet in the retail sector.
The figures, from trade body the Interactive Media in Retail Group (IMRG), confirm a prediction the group made before Christmas and show goods worth ?19.2bn were sold through the internet in Britain last year, an increase of 34% over the previous year and up from just ?800m in 2000. Of the ?19.2bn, leisure travel booked over the internet totalled ?2.5bn.


Article continues

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

"We are forecasting that internet sales will rise by another 36% this year to around ?26bn," said IMRG spokesman James Roper, adding that web sales now accounted for about 10% of all retail sales.
Sales over the internet in the 10 weeks to Christmas day were around ?5bn, according to the IMRG, half as much again as the ?3.33bn recorded in the same period of 2004.

The group said, though, that its figures did not yet include music downloads or anything sold on ebay. But they did count things such as air tickets bought from easyjet or Ryanair.

The explosive nature of the recent growth in internet sales, covering everything from supermarket groceries to ticket bookings, has made it hard for statisticians to measure. The IMRG is working with the Office for National Statistics, the Bank of England, Mastercard, Visa and ebay to come up with common definitions.

The ONS said yesterday it was confident it was picking up the vast bulk of internet sales because most were by traditional retailers over their websites. Its figures also include sales through the big web retailers such as Amazon.

It acknowledged, however, that it was struggling to pick up purchases of goods from businesses in other countries, services such as adult entertainment or online gambling - although these were probably showing up as outflows of money in the quarterly balance of payments figures.

As for ebay, it said it treated it as an auction site rather than a retailer. The fees and commissions charged by the website would show up in quarterly GDP data as household spending, while sales by retailers on the site should be captured by its monthly retail sales survey.

But it has not had overall web sales data since 2004, when it recorded ?18.1bn, a rise of 67% from the year before and equivalent to a surprisingly low 2.5% of all household spending, of which retail sales make up about a third. It said that as of July last year, 55% of all UK households had access to the internet, up from 32% five years earlier.

It also said it was expanding the scope of its price collection so that it could feed the prices of goods sold on the internet into its cost of living calculations - a move some economists think could reduce the inflation figures.

Can anyone tell me what they think is going on today with TMN, huge volumes gone through this morning. 7 million shares traded out of 48 million issued and all at about the same time .

20% of the share issue traded today.

A decent rise in SP today !
Things really must be going well for TMN although look what happened to DGM so be careful.

Again another good rise so far today,what a great looking chart!

This surely can`t go much higher in the short term? long term yes!

Looks like you are doing well here DB. Watch out for the EK e-mail later.

cheers GF.

Cheers GF ,its been a good year so far what with CHP ,CCT and TMN things are looking up.
This investing lark is not so bad after all.
DB66

Well done DB, I hope we both can add medical marketing to that list.

cheers GF.

Moving up to a new high .Trading Statement due soon and should be good.

Moved up nicely again probably because it was tipped today.
The kiss of death no doubt!

Two momentum buys -
TheMutual.net and Talarius
From Top chartist Zak Mir of Zaks-TA.com

I cannot remember when I registered to receive emails from Themutual.net, but it was years ago and every day since then I have received at least two unwanted emails regarding freebies that I am not interested in, just because they are freebies. But given the way that the share price of the company has been rising in recent times this business model seems to be working, or at least its time has finally come. On charting basis this is said because there has been an ascending price channel in place since the end of 2004. The implication is that the top of this channel now pointing at 92p will be the eventual target. We can be confident of this because the stock has been making steady progress up the support line of the channel now at 53p. Only a weekly close below this line would delay the upside scenario. Only cautious traders would wait for a dip towards the green 10 day moving average at 56p to cool off the overbought RSI before taking the plunge.

The value of investments can go down as well as up. Investing in equities can lose you part or all of your capital. Smaller company shares can be relatively illiquid and thus hard to trade. And that makes such investments more of a high risk than larger company shares.
Zaks-TA.com is owned by t1ps.com Ltd which is authorised and regulated by the FSA and can be contacted at 49 Rivington St, London EC2A 3QB or on 0207 033 9389

An excellent trading statement,this share constantly beats my expectations.

Trading Statement

themutual.net PLC
19 April 2006


19 April 2006

themutual.net plc

Trading Update

themutual.net plc ("TMN" or the "Group"), the UK's leading online direct
marketing company, is pleased to announce a positive update on trading for the
financial year to 30 April 2006.

Following the two significant acquisitions made towards the end of 2005, the
Company has completed the integration of these businesses and is now structured
in three core divisions focusing on Online Direct Marketing Solutions:

TMN Media - Online direct marketing and rewarded shopping portals.
EDR - Interactive advertising agency
ID Factor - Online market research and fieldwork

All three divisions are benefiting from a number of strong Group synergies and
are operating in the rapidly growing online shopping and advertising sector.

Following the positive outlook reported earlier, trading has remained strong. As
a result, turnover for the financial year ending 30 April 2006 is likely to be
significantly ahead of market expectations with profitability also strong.

Mark Smith, CEO, commented:

"We are absolutely delighted to provide our shareholders with this positive
update. The acquisitions of EDR and ID Factor and the resulting synergies have
transformed our business, with all three divisions of TMN performing above
expectations and the Agency division (EDR) being particularly strong. We are
operating in a rapidly expanding market and look forward to TMN continuing to
deliver strong results."

The Group also announces the appointment of Investec Investment Banking as its
nominated adviser and broker with immediate effect.

The Group expects to report its results to 30 April 2006 at the end of June
2006.

Contacts:

themutual.net plc 0207 440 9312
Mark Smith
Peter Coveney

Investec Investment Banking 0207 597 5000
Erik Anderson
Andrew Craig

Finished the day at a new closing high,i`m sure there is more to come as this is such a growth area and this comment by Mark Smith paints a rosey future "We are
operating in a rapidly expanding market and look forward to TMN continuing to
deliver strong results."

Happy Shopping
DB66