Spark Ventures Share Discussion Threads

[qs9] 19/5/2013 10:55

New to this thread but bought in a month or so ago as liked the potential undervaluation of its underlying assets and next update due in June....

[james dean] 14/5/2013 17:21

c b -

Thanks for the update.

Regards.

DYOR

[capt bligh] 13/5/2013 17:39

Academia.edu now over 3 million signed up Academics thats 1m in the last six months.

[blondeamon] 09/5/2013 12:56

Yeah I know but most people look in their emails than the website. Once they see it, they will go to see the article.

[warrensearle] 09/5/2013 12:54

Its on the front page of their website (Lead Article)... will also be in the print edition on Friday

[blondeamon] 09/5/2013 12:51

Email still hasnt gone out to IC readers, as soon as it is people will start the mass buys. I expect it to go much higher by the end of day.

[warrensearle] 09/5/2013 11:28

Yup good old Simon - as long as he keeps banging the drum the share price shouldnt fall to far behind NAV

[markie7] 09/5/2013 11:24

tipped by Simon Thompson - volume already going through in the last hour, not much yet, but still

[bisiboy] 08/5/2013 17:56

thanks capt
picked up a few more this afternoon looking a little behind events.

[bisiboy] 01/5/2013 18:16

Capt
how much do they pay to subscribe?

[jlo10] 01/5/2013 17:00

Yes
Hope it reflects in price Spark get

[capt bligh] 01/5/2013 16:43

and academia.edu now 2,867,000 which is pretty extraordinary growth dont you think?

[capt bligh] 09/4/2013 13:09

Academia now over 2.5 million subscribers a fifth of its bodyweight added since November... it would seem at the moment that subs are accelerating.

valuation now a reality


Given Academia much more active and seeminly becoming the market leader. Our share must be worth getting on for 2p a share to SPK

[capt bligh] 28/3/2013 11:40

Very interesting this Mendeley 100m$ valuation

we own 8% of Academia.edu on our books at £900,000 = a valuation of c 11.25m£ and equivalent to about 0.20p

Now check Academia.edu against Mendeley on Alexa.....blowing it away... we are the market leader.

This could be 2p extra on our valuation.

[james dean] 13/3/2013 20:11

Certainly many like the operation/company.



Regards.

DYOR

[azalea] 13/3/2013 17:13

According to SPK estimated NAV 13.88p

[capt bligh] 13/3/2013 16:33

Hasn't he mentioned openx? Going to be their best investment IMV

[warrensearle] 13/3/2013 16:26

Here's part of it emphasising discount to book value I won't post all of it but will be in the print version on Friday which will give another boost

So, by my reckoning, Spark's holdings in notonthehighstreet.com, Kobalt, Firebox and Mind Candy have a combined value of £22.4m, or 5.5p a share, which could be easily realised. Add to that the current cash pile of £4.5m, or 1.1p a share, and the £3.25m cash outstanding from Ericsson on the Aspex sale (or 0.8p a share) and 7.4p of the current share price of 10.25p is backed by cash or these realisable investments. And that's assuming there will be no more upside in these investments between now and when they are sold. But, even if there isn't, this means that Spark's other 11 investments (excluding the cash outstanding on Aspex) are in effect being attributed a value of just 2.85p, or £11.7m, even though they have a book value of 6.26p, or £25.6m. That looks incredibly harsh since one of those investments is a £15.5m holding in IMImobile, a highly profitable provider of the technology infrastructure for mobile data, voice and video services to mobile telecom operators and media companies.

[fuiseog] 13/3/2013 16:21

The barsteward, pushed the share price up just as I was putting together a little pot for a good top-up. I couldn't believe how low it had slipped.

[dr knowledge] 13/3/2013 15:57

Yeah but you still need to log-in to read it! ;-)

[warrensearle] 13/3/2013 15:54

And here's the link

As per my previous post discount to NAV far too wide