Disappointed about the sp here...expected better response than this...

Back in at 46.25p, it seems the support at 46p was holding well today, the large retracement in just a week is a good point to bounce from

the bounce is on as the closing yesterday was UT at the lowest point 44.50p

Is a good omen of the order book telling the bottom

certainly not moving fast up but there are signs of trying at least

Looking much better for the last couple days, and today already up

a very nice spike to 46.375p +2.375p on a very down market

Rising indicators look positive as is the doble bottom during the last month

The trouble with any stock hit by shorters is it takes time for people to trust their faith in a stock .Apparently it's being said GOGGLE is acquiring a similar Co in USA. Maybe a reason for uplift.

Still way undervalued I reckon, sticking with it.

A very good morning rise to 48.375p +2.50p

Something of a a tech bounce for the last few days on the marke,t has help to bounce from a very depress lows

Beginning to get back to more sensible levels, hopefully we'll break 60p before too long - for the last time!

Finally breaking 60p. RBS reiterated outperform, tp 110p 3rd June.

Globo plc (LSE-AIM:GBO), the international provider of enterprise mobility management solutions and software as a service, announces a trading update for the five months ended 31 May 2014, ahead of its AGM to be held today at 10.00a.m. at 55 Old Broad Street, London EC2M 1RX.

Pre-AGM Trading Update

The Group has seen a strong start to 2014, ahead of market expectations. Growth has been driven by increasing GO!Enterprise revenues, the continued growth of our consumer CitronGO! business, and new enterprise customer and partner wins.

Our focus in 2014 is on enlarging our sales teams, investing in R&D and business development, empowering our marketing strategy and setting up the infrastructure, systems and processes for future global growth.

Australian project win

We are also delighted to announce that Globo, as part of a consortium led by a leading Australian mobile operator and our partner Mobilise IT, has been selected as the provider of technology and services for a major multiyear governmental mobile health project in Australia. The project will initially offer secure and standard compliant mobile iPad apps to more than 10,000 doctors for access to medical records, delivering care in the home, and assessing requirements for preventative medicine.

The project is anticipated to contribute a significant number of GO!Enterprise licenses and consulting and professional services revenues to the Group.

Globo's non-executive Chairman, Barry Ariko commented:

"Following an exceptional financial performance last year, driven by revenue and profit growth as well as free cash flow generation, Globo has continued to achieve strong revenue and profit growth this year across both enterprise and consumer segments. The BYOD trend is transforming the way enterprises operate and with its compelling product offering, Globo is at the heart of this.
We regard this project win in Australia as a significant validation of our drive for a worldwide footprint for GO!Enterprise marketing and revenue, both in terms of geographic reach and scale of contract .
We are in an excellent position to address this dynamic market trend and are confident that 2014 will deliver further profitable growth for shareholders."

Globo's CEO, Costis Papadimitrakopoulos commented:

"Globo is now one of the global leaders in the BYOD and Mobile Application Development markets, as demonstrated by our recent win in Australia and our inclusion in Gartner's Enterprise Mobility Management Magic Quadrant. Our focus and investment in innovation continues in 2014 and we look forward to further expansion in mature geographies, such as the United States. We remain very optimistic for 2014."

Good trading update with strong start to 2014 and ahead of market expectations.

HAS BEEN A START PERFORMER FOR THE LAST MONTH

Now needs to break 60p and hold already higher than the previous one 58.50p on the new UPtrend

A better chart, MoneyAM is not correct for the last couple days

Volatile few days or few months even. Hopefully forming some higher lows and we'll eventually get above 60p again. We know trading is going well.

Cluster director buying - 5 directors in total.

H1 revenue seen slightly ahead of expectations. RBS Capital Markets maintains buy, tp 110p

Canaccord out with buy rec on 10th Sep, tp 90p - I haven't seen this before now for some reason.

Globo has been included in Ovum's 2014-15 Decision Matrix for EMM Solutions. "The demand for cross-platform mobile management has created a fast growing and extremely competitive market for EMM solutions", said Richard Absalom, Senior Analyst Enterprise Mobility at Ovum. "We are tracking over 70 vendors offering some form of EMM capability. Globo offers a well-rounded, end to end EMM solution, and is one of very few vendors to offer five out of six of our defined components"

GLOBO plc

INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2014

Globo PLC (LSE-AIM: GBO), the international provider of enterprise mobility management solutions and software as a service, is pleased to announce its unaudited interim results for the six months ended 30 June 2014.

Financial highlights

• Revenue up 45% to €46.5 million (H1 2013: €32.0 million)
o GO!Enterprise revenue up 95% to €19.9 million (H1 2013: €10.2 million)
o CitronGO! and GO!Social revenue up 12% to €20.1 million (H1 2013: €17.9 million1)
• EBITDA increased 23% to €22.0 million (H1 2013: €17.9 million)
• Profit before tax up 11% to €16.1 million (H1 2013: €14.5 million)
• Earnings per share increased 5% to €0.043 (H1 2013: €0.041)
• Free Cash Flow2 of €4.2 million (H1 2013: €(3.7) million)
o Last Twelve Months Free Cash Flow €13.1 million
• EBITDA Cash Conversion Ratio3 of 83% (H1 2013: 15%)
• Net cash position of €46.0 million as at 30 June 2014 (H1 2013: €10.8 million)

Operating highlights

• Significant growth in licence and end user base:
o GO!Enterprise Enterprise Mobility Management ("EMM") business-to-employee device licences up 67% to 569,500 at the half year (31 December 2013: 340,600)
o GO!Enterprise Mobile Application Development Platform ("MADP") business-to-consumer licences up 90% to 24.9 million (31 December 2013: 13.1 million)
o CitronGO! and GO!Social monthly active users up 13% to 3.4 million (31 December 2013: 3.0 million)
• Additional enterprise customer wins, including new GO!Enterprise EMM licence customers such as Siemens, TUI, TNT, PeopleCert and Intracom Telecom.
• Integrated contract win for licences, application development, consulting and services with new customer, the New South Wales Health Administration, in Australia
• Acquisition of mobile applications developer Sourcebits Inc., for a cash consideration of US$12 million brings integrated MADP capability and access to new customers
• Significant expansion of US operations following acquisition of Notify Technology Inc.; CEO relocation to the US to focus on US operations and growth opportunity
• Launch of new products and services: GO!AppZoneStudio and GO!Enterprise WorkSpace

Post period end highlights

• €7.5 million integrated product project win with new customer, the Greek Ministry of Public Order and Citizen Protection
• Additional project work with existing Sourcebits customers Intel, McKinsey, SAP, EMC and ING
• Globo included in Ovum's Decision Matrix report 2014-15, with recognition as a market challenger amongst the top 11 EMM vendors globally

Trading outlook

• Trend of growth in enterprise customer and new project wins during H1 expected to continue
• Strong business momentum expected due to traditionally stronger second half and continued US expansion

Commenting on the results, Costis Papadimitrakopoulos, CEO of Globo, said:
"Globo's growing reputation in the enterprise mobile markets around the world is translating into strong growth in revenue and profits. Demand for our market-leading products and services is being supported by positive industry trends, particularly the growth of Bring Your Own Device. Globo continues to invest in developing new products to strengthen our offering and I am confident that Globo is well positioned to continue the positive growth story reflected in these results."