RBC reiterates outperform rec today, tp 110p

Chief exec Costa Papadinitrakopoulos (that's what I call a big league name!) purchases 150,000 shares at 65 p.

A 15% fall not good.

Followed by 15% rise. Staying put for the time being, I still think it will end up higher once the shorters move on.

Fierce Innovation Awards: Globo Recognised for leadership in

Network & Device Security


Globo (LSE:AIM: GBO) announces that is has been recognised by this year's Fierce Innovation Awards: Telecom Edition, a unique operator-reviewed awards program from the publishers of FierceWireless, FierceTelecom, and FierceCable. GLOBO's Enterprise Mobility in a Box received top honours in the Network & Device Security category.

Jason Nelson, Publisher of FierceWireless, FierceTelecom, and FierceCable, says, "The Fierce Innovation Awards celebrate the companies who are on the cutting edge of innovation in the wireless, wireline and advanced TV and network sectors of our industry. We were once again overwhelmed by the number and the quality of the applications we received."

Winners were selected by an exclusive carrier-only panel of executives from AT&T, Cablevision System Corporation, Comcast, Cox Communications, MetroPCS, Rogers Communications, TeliaSonera International Carrier, and Verizon. Full profiles of the judges can be found at https://www.fierceinnovationawards.com/telecom/2013/judges.


Judges evaluated submissions based on the following criteria: technology innovation, financial impact, market validation and end-user customer experience.

Globo is being recognised for its revolutionary enterprise mobility management solution for small and medium businesses (SMBs), Enterprise Mobility in a Box.

"We are proud to be recognised as a leader in our industry," said Costis Papadimitrakopoulos, founder and CEO of Globo. "Enterprise Mobility in a Box is the first enterprise mobility management solution targeted specifically to SMBs to provide secure and controlled access to all of their business systems and information, allowing companies of any size to manage their mobile workforce through the GLOBO cloud infrastructure."

The Enterprise Mobility in a Box platform is literally an "out of the box" approach to enterprise mobility for SMBs that allows companies with up to 150 devices to securely run and manage their BYOD (Bring Your Own Device) mobile workforce through the Globo cloud infrastructure. The plug-and-play solution allows employee-owned devices to access business data in a centrally controlled manner within a secure container, without imposing limitations on device configurations or on the use of personal data and applications.

Globo revenues up 57%
StockMarketWire.com
Globo - the international provider of enterprise mobility management and telecom software products and solutions - achieved a strong financial performance for 2013, ahead of market expectations.

It says revenues for the full year from continuing operations grew 57% to 72m and profits will be in line with market forecasts.

Growing sales of GO!Enterprise resulted in an increased operating profit cash conversion ratio of around 80% for the full year.

It says 2013 will be the second consecutive year of positive free cash flow, before the impact of acquisitions.

Globo's year-end cash position was 64m (2012: 19m) and net cash position was 42m (2012: 14m).

At 8:18am: (LON:GBO) Globo PLC share price was +5.38p at 62.38p


Story provided by StockMarketWire.com

After reporting a 57% increase in revenues one would expect the share price to be rising, but it isn't. Hopefully this is a temporary lull and GLOBO will continue to rise.

From someone sending an e-mail to Costis regarding the posts by Simon Cawkwell and got the following reply:

Dear Mr
We are aware of this already. We appreciate your frustration as we also feel the same way.
Globo is stronger than ever, and our business grows everyday.
I hope our trading statement, issued on the 28th January, is very clear.
Our Nomad and Legal advisors are looking at it and any action required will be taken.

Thank you for your trust in Globo
Best regards
Costis Papadimitrakopoulos
CEO - Globo Plc "
-----------------

Shares Magazine last Thursday

Mobile enterprise plat form developer GIobo (GBO:AIM) has definitely beaten off last year’s bear raid attack with 2013 a landmark one for the company on so many levels.

GO!Enterprise has established itself in the important US market wherethere is clear demand. Revenues from the platform jumped 155% last year to close on €31 million, pushing total sales to a record €72 million, up 57%. Important progress has also come in turning profits to cash with an 80% conversion rate achieved. We’ll get full details in April but as revenues continue to build the difference between capitalized costs and amortisation are falling into line, down from €6.3 million in 2011 to €3.4 million in 2012, and €1.7 million in the first half of 2013, excluding the effect of acquisitions. Shares readers had the opportunity to get in early at 21p by following us. Yet success to date will be surpassed in 2014 as scale builds thanks to several key reseller agreements.

Shares says :
We still see a bright future for Globo and think the shares are likely to hit a 90p analyst target price in 2014.

WATCH: Mike Jeremy, IRO at Globo, provides on overview to BRR at the Innovators & Investors Forum, London

Click here to watch

Been quiet here recently and rather frustrating. Numbers are good, so value will out in the end.

A lot of tech related companies seem to be struggling price wise at the moment.

Finally a better week here with good percentage gains.

Globo expands North American Distribution Agreement with Ingram Micro Mobility to include complete portfolio of GO!Enterprise products for large enterprises

Globo plc (LSE-AIM: GBO), the international provider of enterprise mobility management and telecom software products and solutions, today announced it has expanded its distribution agreement with Ingram Micro Inc. Globo will now provide its complete portfolio of GO!Enterprise products to the significant market segment of Large Enterprises, and also offer solutions to Small-and Medium-sized Businesses (SMB) in the United States and Canada.

Ingram Micro Mobility will engage and utilise its extensive network of Channel Partners comprising of Value Added Resellers (VARs), System Integrators (SIs), Independent Software Vendors (ISVs) Managed Services Partners (MSPs) and IT Resellers in the promotion of the electronic software licensing of GO!Enterprise Office, GO!Enterprise Mobilizer and GO!Enterprise MADP.

Costis Papadimitrakopoulos, Chief Executive Officer of Globo commented:

"Our strategic partnership with Ingram, one of the leading IT and mobile distributors in the world, will now enable us to further build our brand in the US and Canada and deliver our complete range of Enterprise Mobility solutions to address the requirements of corporations of all sizes under a single platform - GO!Enterprise. This provides us with the ideal platform to begin expanding our product range to other regions of the globe."

Bashar Nejdawi, President of Ingram Micro Mobility, North America added:

"We saw a need for Globo's GO!Enterprise mobility product across Small and Medium-sized Businesses as more and more businesses are beginning to consider their levels of security and administration. This agreement allows us to provide an even wider portfolio of solutions and serve a growing number of customers looking to mobilize their business operations. "

Shorters must be closing today as price is moving higher

Globo at Barcelona exhibition.

Globo launches GO!Enterprise WorkSpace container
with increased functionality, including Secure Office Editor


BARCELONA, MWC 2014 (February 26, 2014) - GLOBO (LSE-AIM: GBO), the international provider of enterprise mobility management and telecom software products and solutions, is pleased to announce that it has today launched GO!Enterprise WorkSpace , an extension of the current Globo Enterprise Mobility offering, GO!Enterprise. GO!Enterprise WorkSpace will provide new functionality, a new rich and intuitive user interface tapping into the latest UX/UI trends as well as secure access to corporate data and information.

GO!Enterprise Workspace offers:
· Secure Office Editor as a free pre-embedded utility, enabling users to securely create, view, edit, annotate and print documents in MS Word, Excel, Powerpoint, PDF or Text, as well as images on smartphones and tablets running Android, iOS and Windows operating systems;
· An improvement to the interfaces that iOS7, Android 4.4 KitKat and Windows bring to the mobile market, for access to email, calendar, contacts, files or corporate information;
· The ability via HTML to use rich text to view and format emails, and switch back to plain text;
· The addition of Microsoft SharePoint support to enable secure access to document repositories, with browsing, search and check-in/check-out functionalities.

The launch of GO!Enterprise WorkSpace is part of Globo's strategy of focusing on the end user experience by delivering enhanced and intuitive control over the full range of Enterprise Mobility requirements. In particular, the inclusion of Secure Office Editor as a free standard offering introduces a new creative element for the user.

A double top must likely is on the cards
a 22 % profit on just over 2 weeks
and on my way to holidays

took profits today

still undervalued on the forecast at 66.50p

Disappointing couple of days but not so long for results.

Clearly the change of auditor went down like a lead balloon - an excuse to sell.

Back from Holidays and a good opportunity to buy again @ 51.65p
has reached support, should be the end of the week long drop