Research Now Share Discussion Threads

[pre] 04/2/2008 08:58

Well. good start to the day....sunday telegraph confirmed that this looks overdone....back up and should advance back up imo...cracking set of results too:-))

[nurdin] 04/2/2008 07:27

Thank you dosullivan...lets see how the share price reacts today...:o)

[dosullivan] 03/2/2008 15:54

Found the full version.

Research Now
Price247.5p
Questor says: Buy

As YouGov has amply demonstrated, there is money to be made from replacing the market researcher's traditional clipboard and telephone with a keyboard.

Research Now knows this, and for the last year has been putting together a series of consumer panels who can answer its questions online. The key to success is being able to offer multinational corporate clients comparable data from a spectrum of markets around the world.

Last year Research Now achieved organic revenue growth of 100 per cent. Thanks to the acquisition of a Canadian fieldwork business, revenues were £25.8m for the year. These are now well ahead of its better-known rival - YouGov's turnover was £14.3m in 2007.

European sales doubled from £8.3 to £14.6m thanks to strong growth in the UK and Germany. In the US, organic sales have gone from £1m to £2.8m.

The client roster has doubled to 750, and the company is holding on to its customers, with repeat business accounting for 79 per cent of revenue. This was despite a tragedy at Research Now's London head office - a member of staff was murdered and the company eventually relocated. Discounting the costs of the move, operating profit would have been £2.8m.

Chairman Geoff Westmore believes any economic downturn will accelerate the trend towards cost-effective internet research. He may well be right.

Research Now's stock has fallen from a peak of 330p in December 2006. We argue this is overdone. Buy.

[nurdin] 03/2/2008 15:20

Yes well overdone specially when you consider that they managed to raise £7m recently with institutional placing at £3..

PER is 13x for the current year falling to 9x in 09. PEG of 0 .02

[dosullivan] 03/2/2008 15:14

Research Now's stock has fallen from a peak of 330p in December 2006. The Sunday Telegraph argues this is overdone. Buy

something positive!

[hew] 30/1/2008 15:42

Well, IC moves them from Fairly Priced last July to Good Value today @ 258p.

They give the facts from the results that adjusted pre-tax profits actually jumped 79 per cent year-on-year to £2.5m. There are comments about the large market and that they have overtaken a competitor to become number one in Europe.

I don't want my sub terminated for breaking copyright (or worse - somebody will be made an example of one day!) so finally here is just the meat of their view. I have taken out the bits about the reason for the fall last year - we all (should) know about that.

______________________________

......... on 14 times 2008's expected earnings they now trade at a discount to those of rivals such as Toluna .......... impressive growth profile..... Longer-term good value.
_____________________________

[dosullivan] 28/1/2008 17:42

Lets hope it moves tomorrow with some positive news reports.

[nessie] 28/1/2008 09:27

Nice bit of good news - let's buck that FTSE fall trend!

[darcon] 20/1/2008 14:09

More news from RNOW's website (not released as RNS):

Research Now Opens Office in Munich
Online panel specialist opens third office in Germany to serve
expanding client base
London, January 18th 2008: Research Now, the international online
fieldwork and panel specialist will open its third office in Germany on 1st
March 2008. The office will be headed up by Client Development Manager
Oliver Tjarks. Oliver joins Research Now from German online panel
company, Respondi AG.
The Munich office has been opened in response to the growth of Research
Now's business in Germany and the need to service clients at a local level.
Managing Director of Research Now Central Europe, Marc Smaluhn,
explains:
"This step underpins Research Now's commitment to its clients. Increasing
project complexity requires account and project support close to our client
base. With offices in Hamburg, Munich and Frankfurt, Research Now can
provide the extensive resource of a one-stop shop for international online
fieldwork projects with a local contact point to ensure the highest quality
and service."
Including Germany, Austria and Switzerland, Research Now operates 28
proprietary online panels globally comprising 2.2 million active panellists.

[darcon] 14/1/2008 18:49

Another institution joins the RNOW share club:

Research Now plc (the "Company") (AIM: RNOW ) received notification on 11
January 2008 that on 4 January 2008, BlackRock Inc. had acquired an interest in
the Company's shares that resulted in BlackRock Inc. holding a total of 835,000
common shares representing approximately 5.01% of the issued share capital of
the Company.

[opportunity] 07/1/2008 11:56

Darcon, I had missed that bit of news - thanks.

This is good news as big advertisers are starting to spend significant sums in these countries but with varying degrees of success.

The big clients demand a global presence, irrespective of whether or not spend is controlled centrally or handled by each of their operating countries.

This certainly widens the opportunity for winning more global clients

HAPPY NEW YEAR

[darcon] 05/1/2008 21:51

From the Research Now website (not released as an RNS):

Research Now Expands in Latin America

Panel Company Launches Online Research-Only Panels in Mexico,
Argentina and Chile.
London, December 19th 2007: Research Now, the international online fieldwork
and panel specialist has launched three additional online panels across the
Americas. The panels in Mexico (www.opinionesvaloradas.com.mx), Argentina
(www.opinionesvaloradas.com.ar) and Chile (www.opinionesvaloradas.cl) join the
US, Canadian and Brazilian panels owned by the company in the region. The
panels are stand-alone, locally recruited propositions each with their individualised
country incentive choices, but have been built to Research Now's consistent global
panel model.
The launch of online panels in these countries is a natural progression towards
enabling the greatest reach in the region. Mexico is home to almost three quarters
of the Central American population and 87% of the region's internet users, while
Argentina, Chile and Brazil account for more than 75% of South American internet
penetration.1
Commenting on the launch, Group Managing Director, Andrew Cooper explained:
"Research Now has an international reputation for being a high quality, reliable
supplier of proprietary online panels in Europe, North America and Australia. With
the launch of three further panels in the Americas, we are able to make this
coverage even more comprehensive and to provide clients with a central, reliable
contact point and sample source for fieldwork in the region."
The latest panel launches bring Research Now's total proprietary panel count to 28
panels globally with 2.2 million active panelists.

[darcon] 10/12/2007 18:43

Downside of a placing is that your share in the company is diluted so the company needs to grow more to give you an equivalent return to what it would have been without that particular method of funding. Of course, in this case, with RNOW's need for cash to give it cash-flow to continue its rapid growth, the current placing was hopefully the best option.

Anyway, once I have some spare cash I will be looking to top-up a little on this share as institutions wouldn't be looking to buy-in at 300p (particularly at this time with all the problems in the markets) without expecting good growth and future sizable increase in value of the stock

[dosullivan] 04/12/2007 23:57

Whats the downside with this? I was in at £5.50 !!

[darcon] 04/12/2007 18:11

I am not too bothered by the placing as my entry into this share was at around 190p.

In any case the reasons for the placing are positive - rapidly growing company, flexibility in paying the second instalment for the Canadian business, etc

The placing should also provide support to the price. Hopefully from now this share will rocket!

[hew] 04/12/2007 11:22

16% Dilution by the Placing today. It seems very sensible to me though and the discount of well under 10% shows solid confidence in the Co. by the Institutions.

[matt123d] 29/11/2007 18:35

There were a couple of large delayed trades that probably caused the majority of the rise but you're right a few sellers did appear hence the drop later on. Hopefully buyers will return tomorrow.

A break through the underside of the 200dma and it looks as though 400p will be in sights to fill the gap.

[opportunity] 29/11/2007 14:19

My concern with today's trades is that the market makers are short of stock and have tempted sellers into the market - when have you seen bid prices rise when the predominant activity is selling?

[hew] 29/11/2007 12:18

One of the newspapers says directors have embarked on 1 to 1's with brokers.

Nice to see that the problems are now history and the outlook is bright.

[nurdin] 29/11/2007 09:12

yup...I am back in again too....07 forecasts in the bag...and they look very cheap on 08 estimates given the growth.

[darcon] 29/11/2007 08:20

At this rate of advance we will be at 400p before the end of the year!

[nessie] 28/11/2007 12:31

Marvellous, back up to what I paid for them! Keep going...

[dosullivan] 27/11/2007 18:08

Looking very good

[darcon] 26/11/2007 07:47

No surprises in this morning's trading update. This share looks set for a good 2008

[opportunity] 20/11/2007 15:16

Darcon

I fully agree with your analysis regarding options; in fact his timing couldn't be better. Just wished he had got a few more shares to profit from the upswing.

No good accountant will nail his colours to a sinking ship.