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INTERACTIVE WORLD a new float in May-any info on this one? (ITW)     

moneyplus - 02 Sep 2006 12:37

This company floated in May and has just put out a positive trading statement. The sp is rising nicely and it has promised a dividend with it's results. Despite this I cannot find any press comment or bb comment-anyone done any research on this one as it looks worth dipping a toe in to me?

AndyH78 - 15 Dec 2006 14:12 - 6 of 30

With two earnings enhancing acquitions and a SP below their original tip, I reckon this is due a write up in TMI tomorrow, and will probably feature in their NAPs list.

Quick profits for those buying in today I reckon.

spitfire43 - 15 Dec 2006 15:27 - 7 of 30

Tempted to buy today, but must find out why sp fell 10% in early trading.

Any ideas anyone ?

AndyH78 - 15 Dec 2006 15:32 - 8 of 30

Nope, boredom?

Only two MM's, so a couple of chunky sells, move it pretty quick.

A few chunky buys and it soon recovered.

I reckon it'll open significantly up on Monday.

spitfire43 - 15 Dec 2006 16:34 - 9 of 30

Thanks for that, will hope they are really bored on Monday.

spitfire43 - 18 Dec 2006 19:48 - 10 of 30

As hoped for shares dipped again in Afternoon trading, I managed to pick some up at a good price.

I will try and put some facts and figures together on ITW tonight, and post later.

spitfire43 - 19 Dec 2006 00:42 - 11 of 30

Full Year Results from September 2006.

INTERACTIVE WORLD PLC


21 September 2006


Preliminary results for the year ended 31 July 2006


Interactive World plc (AIM: ITW), the mobile content technology company,
announces its preliminary results for the year ended 31 July 2006.


Financial and business highlights:


*Turnover of 9.1 million (2005: 8.9m)

*Profit before tax rose by 37% to 4.3 million (2005: 3.2m)

*Mobile related turnover reached record levels of 6.8 million (2005: 6m)

*Earnings per share of 8.32p (2005: 6.21p)

*Maiden dividend of 4.0p per share (yield of 5.5% on listing price of 73p)

*Strong cash position of 3.4 million

*Successful admission to AIM in May 2006 and raising of 2 million before
costs in expansion capital

*Five-year exclusive rolling content agreement now in place with the Sport
Newspaper Group

Simon Hume-Kendall, Chairman, said:

'I am delighted to present such a positive set of preliminary results, the first
since Interactive World's IPO on AIM in May. The results show a further
improvement in revenues and profits from the mobile content delivery business,
and an improvement in profitability from our internet services.

'Particularly pleasing is the ability of the company to pay a dividend producing
a yield of over 5% as well as the confirmation of the 5 year rolling contract
with Sport Newspaper Group ensuring such visibility for our medium term content
supply.

'As we expand, the Company is increasingly well placed to participate in the
growth and consolidation of its marketplace. In 2006 and beyond, we will
continue with our expansion strategy through both organic and acquisitive
routes, carefully considering likely targets and only proceeding when we are
certain that shareholder value will be enhanced.'


For press enquiries, please contact:

Rob Johnson/Andy Fletcher Neil Boom/Tanya Feness
Interactive World plc Gresham PR Ltd.
020 8507 6969 020 7404 9000


Interactive World PLC

CHAIRMAN'S STATEMENT

We are delighted to present the preliminary results for the year ended 31 July
2006. These are our maiden results since the Company's shares were successfully
admitted to trading on AIM in May 2006. Our strong results show a further
increase in revenues from the mobile content delivery business, and an
improvement in profitability from our internet services.


Financial Review

We are pleased to report that the Group achieved considerable growth during the
year. While turnover has grown to 9.1 million from 8.9 million the previous
year, the biggest boost to our financial performance has been the improvement in
operating margins, which have risen from 34.4% to 46.7%. This has helped the
Company to report a significant rise in pre-tax profits, up by 37% to 4.3
million (2005: 3.2 million). Group cash balances were healthy at the year end
with a 20% increase to 3.4 million after the payment of an interim dividend of
1.29m prior to admission to AIM, lifted not only by the fundraising but also
from the highly cash generative nature of our business which has no debt to
service.


Operating Review

The year has seen further growth in the mobile phone content part of our
business. The growth has been fuelled by a user base which now approaches over 5
million individuals, of whom around 900,000 are regular customers. We attribute
the Group's growth to the ease of use of our technology and our consistently
appealing content. Growth has also been assisted by improvements to phone
handsets and by greater penetration of WAP mobile technology. Moreover, as 3G
popularity and uptake rises, we expect it to support this positive trend going
forward.

Our relationship with the Sport Newspapers group continues to work extremely
well. It provides an excellent source of fresh content, and a focused marketing
outlet which allows us to quickly reach our customer base. The strength of the
relationship is such that we have recently been able to sign a five-year
exclusive rolling contract, providing a barrier to entry in the UK market place.
This security provides significant additional mid-term visibility to our
ever-popular and unique content supply

The growth in the Group's substantial database of registered, age-verified
mobile phone users allows us to continuously market new products to customers
whose choice of content and spending habits are already well known to us. By
reliably delivering high quality content to these users, we see high repeat
purchase patterns driving strong revenues per user. We believe our ability to
understand and market products that appeal to our customers differentiates
Interactive World from other content suppliers. We also believe that the
customers' experience and our quality of service are both consistently high.


New Revenue Streams

In June 2006 we announced to the market the joint venture with Probability Plc
in which we co-market their mobile phone-based gaming. The venture is now
bearing fruit, and we are seeing a growing number of registered players and
those returning to play on a regular basis. Probability has a pipeline of
exciting new games which it intends to roll out over the coming months, and we
expect this to have a positive impact on the revenues generated by our joint
venture. We are confident that this will deliver a growing monthly contribution
throughout the coming year and we are discussing other areas of collaboration
with Probability in the mobile content area.

We also launched a number of new services with either new content suppliers or
new technology partners, all of which are expected to help underpin our organic
growth in the coming financial year. Our reputation as a technology partner of
choice within the adult market place is without question. When combined with our
quoted company status we are now positioned to approach alternative suppliers of
content in a manner that was not possible when we were privately owned.


Dividends

During the year the company paid its final dividend in respect of the year ended
31st July 2005, and also paid an interim dividend in respect of the period ended
31st January 2006. The Company today announces a final dividend of 4p per share
for the year ended 31st July 2006, its maiden dividend as a public company. This
represents a yield of 5.5% on the subscription price of the company's shares at
the date of the AIM admission. The dividend reflects the strong cash generative
nature of the Company and is intended to be the beginning of a progressive
policy. The Board believes that it has sufficient cash resources to allow it to
pursue other suitable acquisitions.

Shareholders on the register at the close of business on 19th September 2006
will be entitled to the final dividend, which will be subject to approval by
shareholders at the Company's Annual General Meeting to be held on 23rd October
2006.


Current Trading and Future Prospects

The year has started well and performance is in line with Board expectations,
with celebrity content doing particularly well. The Company is exploring new
revenue lines that can be successfully integrated with its current user base, as
well as seeking out new content that is more broadly focused than that which has
traditionally driven sales. From an analysis of the Group's marketplace, we
expect to see increasing revenues through mobile searches as the mobile network
operators begin to see the benefits of allowing customers to browse 'off-portal'
more extensively. We also expect to see a steady improvement in the
profitability of our internet-based billing and content services.

Whilst we expect to see overseas expansion of the business this year, the timing
of the venture is difficult to predict at the moment. Some limited success has
been achieved in the USA, and testing continues, but the rate at which this can
be scaled up to material levels is still to be determined. The Board is
confident that numerous opportunities exist outside the UK, and will continue
its stated policy of prudent evaluation.

As we expand, the Company is increasingly well placed to participate in the
growth and consolidation of its marketplace. In 2006 and beyond, we will
continue with our expansion strategy through both organic and acquisitive
routes, consistent with enhancing shareholder value.

Finally, I would like to take this opportunity to sincerely thank all the
employees of Interactive World without whose enthusiasm and commitment these
pleasing results could not have been achieved.


Simon Hume-Kendall
Chairman

21 September 2006


Interactive World PLC

Consolidated Profit & Loss Account

Year ended 31 July 2006

Note 2006 2005
---------- ----------
'000 '000

Turnover 4 9,065 8,851
Cost of sales (3,949) (4,971)
---------- ----------

Gross profit 5,116 3,880
Administrative expenses (882) (839)
---------- ----------

Operating profit 4,234 3,041
Interest receivable 87 115
---------- ----------

Profit on ordinary activities before taxation 4,321 3,156
Tax on profit on ordinary activities (1,307) (951)
---------- ----------

Profit after taxation retained 3,014 2,205
========== ==========

Basic earnings per share 3 8.32 6.21

Diluted earnings per share 3 7.67 6.21

spitfire43 - 19 Dec 2006 00:58 - 12 of 30

Since these results they have annouced two Acquisitions 23rd Nov for 500.000 UR the star a personalised DVD for chilren, very good for gifts.
04th Dec paid 265.000 to increase stake in Strictly Broadband to 55% with option on the rest. This company is video on demand and digital streaming.

Fundamentals for Interactive look good. At 79p
PE = 9.5
2007 estimated 8.6
2008 estimated 7.6
Yield = 5.66%
Cash = over 2.0m
2007 PEG = 0.43 and 2008 PEG = 0.64

These are still early days yet, but as the story becomes better known then hopefully the market will take notice of this one. With a yield of 5.66% I certainly won't lose any sleep. ( Fingers crossed )

spitfire43 - 12 Jan 2007 15:58 - 13 of 30

Topped up at 73.38p yesterday on weakness.

Buyers taking advantage today, good buying opportunity.

AndyH78 - 02 Feb 2007 08:58 - 14 of 30

Trading update,

All is comfortable in Interactive World.

Complete head and shoulders, onwards and upwards.

spitfire43 - 02 Feb 2007 19:13 - 15 of 30

Up 10.5p to 87p, very positive trading statement - see below.

The Directors of Interactive are pleased to announce that they are comfortable
with market expectations for the Group's results for the year ending 31 July
2007. The Directors intend to announce the Group's interim results for the six
months ended 31 January 2007 on 8 March 2007 when they will give a further
update on trading.

The Directors believe it would be helpful to clarify the Group's dividend
payment policy which, in the absence of unforeseen circumstances, is to pay a
dividend of at least 80 per cent. of the Group's earnings, payable twice a year
with a bias towards the second half. This reflects the cash generative nature of
the Group's business.

spitfire43 - 02 Feb 2007 22:20 - 16 of 30

Investors Chronicle today reccommended Interactive as a buy at 81p. With a very positive article. Not bad timing on the day of the trading update and a 10.5p rise.

Shares could start to be re-rated now. imo.

spitfire43 - 06 Feb 2007 17:28 - 17 of 30

Nice rise to 91p in last few days, slipped back to 89.5p today, but still very strong buying of the shares today.

spitfire43 - 07 Feb 2007 19:05 - 18 of 30

Slipped back another 1.5p today, which is odd when nearly all transactions are buys. Doesn't seem to be much logic with mm.

spitfire43 - 09 Feb 2007 17:04 - 19 of 30

Price up today with still very strong buying.

HARRYCAT - 16 Mar 2007 14:17 - 20 of 30

Shares Mag seems to like this one as they have featured it yet again this week.
House broker Daniel Stewart gives this stock a target price of 124p & a buy rating.
Have it on my watch list, but the graph does look like I might have missed the boat.
9.5% divi yield is certainly very attractive.

spitfire43 - 16 Mar 2007 15:18 - 21 of 30

Have held these since November, my price target is 125 within 6/8 months, it's nice to see the broker has the same target. Still good value imo.

spitfire43 - 23 Mar 2007 14:09 - 22 of 30

(See below the last interims, very strong figures. The EPS only advanced at a slower pace due to a higher tax charge.)

8 March 2007

Interim results for the six months ended 31 January 2007

Interactive World plc (AIM: ITW), the mobile content technology company,
announces its interim results for the six months ended 31 January 2007.

Financial and business highlights:

*Turnover of 5.1 million, an increase of 28% (2006: 3.9m)


*Like-for-like turnover (pre-acquisitions) up by 20%


*Profits before tax rose by 18% to 2.1 million (2006: 1.8m)


*Interim dividend of 3p per share in line with stated dividend policy


*Mobile related turnover up 13% to 3.8 million (2006: 3.3m)


*Earnings per share of 3.70p (2006: 3.53p)

*Strong net cash position of 2.1 million

*Strictly Broadband acquisition bedding in well and now beginning to
deliver profits


Simon Hume-Kendall, Chairman, said:

'I am delighted to present such a positive set of interim results, which show a
further improvement in revenues and profits from the mobile content delivery
business, and an increase in profitability from our internet services.

'Particularly pleasing is the Company's ability to pay a generous dividend which
means that our shares currently yield around 10% on an annualised basis.

'Looking forward, we anticipate an increase in revenues through mobile searches
as mobile network operators benefit from customers browsing 'off-portal' more
extensively. We also expect to see a steady improvement in the profitability of
our internet-based billing and content services. We are confident of achieving
market expectations for the full year from, in particular, new revenue
opportunities currently in deployment. This is despite our overseas expansion
being slower than originally forecast in terms of full year contribution,
notwithstanding that it is now starting to show real potential in the United
States.'

spitfire43 - 24 Mar 2007 01:25 - 23 of 30

As well as Shares Magazine giving a buy rating last week, Investors Chronicle have also recommended them as a buy today. With a 10% yield now and shares down to 81p today ITW are looking better value all the time.

spitfire43 - 26 Mar 2007 20:18 - 24 of 30

Pleased to see 4p rise today to 84p. I hope Daniel Stewart will update there forecast soon.

spitfire43 - 30 Mar 2007 00:46 - 25 of 30

Couldn't resist this company any longer at these prices, have increased my holding and am now slightly overweight.
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