goldfinger
- 28 Apr 2006 13:27
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.
700202
- 04 Dec 2006 16:37
- 55 of 58
i sold this morning 30k@ 41p payed 36p then [happy] wondered what the jump to 47p without news ?
foale
- 18 May 2007 13:43
- 56 of 58
up from sub 40 to over 50p in a few days...anyone got any news?
hlyeo98
- 18 Jun 2007 17:18
- 58 of 58
This is the end of the MOB story...
MonsterMob Group plans to de-list from AIM - AFX
LONDON (Thomson Financial) - Troubled UK ringtone company MonsterMob Group PLC said it was seeking cancellation of its AIM listing, citing the high costs and administrative burden associated with admission.
The company added that it feels there is 'little further prospect' of raising material funds through AIM.
In a letter to its shareholders recommending the de-listing, the company said it will refocus its business to combat the dramatically changed operating environment it faces in China.
The de-listing is subject to approval of certain resolutions to be passed at its AGM on July 19 and the company expects cancellation to take effect by July 28.