Monstermob - the name is enough to put a serious investor off. But you should take this business seriously and the accounts look pretty strong!
Shame really, about the name, given recent superb results. Shares are now at 80p, but given they floated a few months ago at more than double that, had a profit warning and have since consolidated over the last six weeks (initial profiteers out) they are worth a very serious look following the numbers.

There is a market cap of about 20 million and eps came in at the half-way stage of 3.3p. A profit post tax of 827,000 is very encouraging indeed.
Turnover is up 32% and there is 6 million in the bank.

Monstermob markets differentiated and easily accessed mobile phone entertainment
and personalisation services. These include ringtones, java games, colour
wallpapers and videos as well as community chat, competition and gaming
products.

Not exactly thrilling but consider the vast growth lined up:
Monstermob is in the process of rolling
out a subscription based ringtone application on China Mobile, which is the
largest mobile network operator in the world with over 160 million subscribers.

Two small profitable acquisitions in the period should enable yet further expansion, and a bigger one announced today which gives them exposure to another 85 million customers in the US.

The market is beginning to react very positively and I think we could see these shares gain 50% of the lost ground since flotation very rapidly. Could be best for a short term trade of maybe 2-6 months, given longer term competition questions, but for the moment and up to next results, things look very rosy.

Dixon's took options at 165p, while Shares mag should comment on the results tomorrow - they are a fan of the company.

Too much to hope it might be a play of the week?

Chart shows fall after warning consolidation and now a possible (substantial) brakout after results.

I've got some thoughts but couldn't possibly predict where the share price is going in the short term (meaning the next couple of days).

Traders are taking their profits whilst there is an element of uncertainty regarding the recent news. Will they be back when they concentrate their minds on the results due out next month, I think they will along with some bigger players who will not want to miss out.

The growth here is phenominal and results should knock current estimates into a cocked hat.

What I tend to do when making a first investment is first decide how much I am wishing to invest and what I consider to be a good price. I then buy in three equal tranches. If I did not currently hold MOB I would be looking at 2.40 for my first purchase, if it slipped further to say 2.30 I would get my second tranche, on the basis that I thought they were a good buy at 2.40, I get a better deal at 2.30 and so on. This way I am not overly concerned about a drop in price as I am looking to get some more on the cheap.If they go up I average up.

If you look at that spike you can see that at some stage profit taking was bound to happen, the price got to 3.00 about a month earlier than I had bargained for and obviously a lot of that was due to takeover rumours, the fundamentals are intact and going on previous acquisitions MOB know what they are doing.

I am sitting on a good profit here, first bought at 1.70 then at 2.00 and lastly at 2.20. Have freed some cash and looking at buying again but will probably wait until next week, when hopefully things have stabilised.

capa

Monstermob terminates iTouch talks 13.18 8/2/05

Any ideas where the price will go after this--up again???

Last week I could only buy between 1000/1500 online.

Today I notice It's back up to It's usual market size of 10000 max.

Read Into that what you will.

As for any Ideas MP I'm afraid the answer has to be no.

A Company worth watching though I reckon all the while the Barclay Brothers are In there.

Been out this p.m and notice the ITU deal off.

Normal service has been resumed it would appear, obviously MOB were not interested if the price wasn't right, they have been very good before at knowing what they want and at what price.

I can see a steady rise now up to results next month and am going to buy some more first thing tomorrow.

capa

Have managed to free some cash. But have a real dilemma. Have already bought into DGM, NML, SHI and NRG but am unsure whether to go for MOB or SEO (perhaps missed the boat here) Any one got any thoughts? At present I am probably going to try and release some more cash by selling RR and buy some of each from the proceedings.

Cheers

B2B

Having looked at the two graphs of todays Time movement of share prices for both ITU and MONSTERMOB it would appeat that everyone who was in ITU got out at 1.30ish and everyone who was out of MONSTERMOB was clambering to get back in.

One the way back up to 3.00 methinks.

SEA results recently were very good and will hopefully concentrate the market on MOBs results next month.


capa

I am the only one left in these ?

3.00 so close you can smell it.

The RNS yesterday saying that Phunky Phones had reached their earn out demonstrates how good a deal these lads can broker. The fact that the ITU deal was shelved indicates to me that they know what they want and at what price they are willing to pay.

Results out on the 16th.

capa

Over 3.00 this morning, article in Sunday Times very bullish about the sector. Mob operating at the best margins of all the companies and Higginson quoted as saying that his aim is to build the largest and most profitible mobile content distribution business in the World. I'll drink to that.

Added a few more first thing :-)


capa

What are peoples long term views on this share - in at 363p? I really should have thought a bit harder about my nickname!

Tipped in the Daily Mail today (Saturday)as a BUY, suggested that Monster Mob will become a world leader !!

These seemed to have dropped to a reasonable level.

Back In for a profitable trade hopefully.

Big rise today so out this side of the tax year end +14.

MonsterMob Group PLC
24 May 2005

Date: 24 May 2005

On behalf of: Monstermob Group plc (the 'Company' or 'Group')

Under embargo until 0700 hrs

MONSTERMOB GROUP PLC
APPOINTMENT OF HANS SNOOK AS NON-EXECUTIVE CHAIRMAN


Monstermob Group plc, a leading media and entertainment company which
specialises in the sale of mobile telephone entertainment content and services,
today announces the appointment of Hans Snook as Non-Executive Chairman of
Monstermob with immediate effect.



Hans Snook, 56, was the founder Chief Executive of Orange and was most recently
Chairman of The Carphone Warehouse Group PLC. Lord Baker of Dorking CH, current
Chairman of Monstermob Group is stepping down from his position and becomes the
Chairman of the Monstermob International Advisory Team, a group of senior and
experienced commercial executives providing strategic counsel to Monstermob
executives on all aspects of business including global expansion, marketing,
advertising and general business operations.

Seems like a man of vast experience has been appointed here.... market seems to like It, up over 6% so far at 238p.

Interesting read on www.citywire.co.uk If anyone's Interested.

Up another 6% so far today.

Start of a bull run in the making here, what's your target Stan?

No target as yet Chiva, letting It ride for the moment.

Have you got one?

Same as you to ne honest. 282 is a resistance as is 310/315 I'll be watching closely then. Feel relatively confident we could march through both of those.

Yep, me to.

I think I'm right In saying that the Barclays last topped up at around 280p

so anything above that looks achievable.