Teleunit Share Discussion Threads

[pre] 20/11/2007 12:47

Below is an extract from the interims issued in September 07...upbeat statement on the outlook for the business:

Outlook:
Revenue growth since period-end inspires confidence for the full year. Premium
Access revenues in each of the months of July and August were double those of
June. Notwithstanding the seasonal decline in new ADSL VoIP customer
acquisitions historically evidenced in the months of July and August, the number
has increased bringing the active customer base to over 5,000 at the end of
August - we expect acquisition rates to grow at a faster pace leading up to
year-end. As noted above, Neomobile continues to deliver exceptional growth and
the strategy of internationalisation is being successfully implemented. As at
the end of July, after only one month from its launch, Neomobile had 10,000
active subscribers in Spain and we expect this number to grow substantially.

Whilst weight has been placed on growing existing businesses, the Group has also
been developing new services in house that are expected to contribute to the
Group's top line and, in particular, help bolster the profitability of the Voice
and Data Services division going forward. I look forward to announcing
developments to the market in due course.

[pre] 20/11/2007 12:25

Here's what was said at last update:

Teleunit Spa Teleunit H1 pretax loss narrows on higher sales, lower financing costs UPDATE

LONDON (Thomson Financial) - Teleunit SpA narrowed its pretax loss in the
first half on higher sales and lower financing costs, and said revenue growth
since the period-end inspires confidence for the full year.
For the six months to end-June, the Italian telecom service provider
reported a pretax loss of 388,000 eur against a loss of 3.5 mln eur last year.
Sales rose 13 pct to 45.4 mln eur. Financing costs reduced to 811,000 eur from
1.4 mln eur.
The company said premium access revenues in each of the months of July and
August were double those of June.
ADSL VoIP customer acquisitions increased, bringing the active customer base
to over 5,000 at the end of August, it added.
Teleunit said it expects customer acquisition rates to grow at a faster pace
leading up to year-end.
The company said the global subscriber base for its Neomobile unit grew 33
pct to over 800,000 at the period end and that it is growing rapidly into new
markets.
Neomobile operates in the mobile content services D2C (direct to consumer)
market.

[pre] 20/11/2007 12:23

looks like its' down with general market fall.....seems harsh as last update was upbeat...spread narrowed now 1.78-1.88p.

[salpara111] 20/11/2007 12:02

I have held these for a long time and have effectively written them off but I am somewhat puzzled as to what has happened today!

[thewalrus] 20/11/2007 10:49

Dear me. That was a bit harsh.

[xenawarriorprincess] 05/7/2007 21:23

This article seems to confirm that Neomobile is targeting turnover of 30M Euros in 2007 - quite how it got on Dow Jones Newswires, and no where over here I'm not too sure.....



Tlc: it is born Neomobile, operator Mobile field Content ROME (MF-DJ) -- Nasce Neomobile Spa, spin-off of Mobile division VAS of the company Teleunit Spa, assets from 2004 in the market of the Content Piece of furniture, than is introduced like new "Mobile Entertainment Company", with the objective to develop, in a strongly internationalized optical, services and format always piu' innovated to you. The increase of the revenues in 2006, law in a famous one, e' be equal to 14 mln euro, in increase of 300% and this year e' previewed one increase of 100%. The objective of previewed turnover for the 2007 e' between the 25 and 30 mln. com/vz (END) Dow Jones Newswires June 27, 2007 13:32 ET (17:32 GMT)

This are the last few years results in Euro's

Fundamentals
Year Ending Revenue (€ m) Pre-tax (€ m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-03 a44.27 a3.78 3.38¢ n/a n/a n/a n/a 0.0%
31-Dec-04 60.77 5.63 2.89¢ 10.9 n/a -14% n/a 0.0%
31-Dec-05 85.40 5.17 1.60¢ 17.6 n/a -45% 1.00¢ 3.6%
31-Dec-06 100.35 (2.93) (1.34)¢ n/a n/a n/a n/a 0.0%


These are the current broker forecasts in Sterling

Trends & Recommendations
Current 1 week ago 1 month ago 3 months ago 6 months ago 1 year ago
Revenue (£m)
31-12-2007 81 81 81 76 76 77
31-12-2008 87 87 87 n/a n/a n/a

Earnings
31-12-2007 0.31p 0.31p 0.31p n/a n/a n/a
31-12-2008 0.94p 0.94p 0.94p n/a n/a


As they seem to be forecasting revenues of about E120M (+E20 on 06) it will be interesting to see if these will be revised upwards if Neomobile alone will see an increase of E11-16M. Last year the premium access division alone increased revenues by E7M. They also seem to be sweeping up a large number of VOIP customers.

Awaiting the update with interest.

[flintsurfer] 16/5/2007 07:46

Good results IMO should see an increase today

[senator] 15/5/2007 17:36

Roger that...thanks.

Keep smiling....I had a good day in LNG.

[xenawarriorprincess] 13/5/2007 20:26

No Senator - there are at least two of us!

Suspect it will be quiet for a few months yet - but I emailed the company recently and they replied that there would be an update early in the 2nd half.

A decent set of 1st half results could also get us moving........

[senator] 13/5/2007 20:04

Am I the only PI left. Seems awfully quiet for a company with 100m turnover.

[xenawarriorprincess] 25/4/2007 18:39

Just for information these are the previous forecasts issued by the broker.......

They are obviously now being a bit more cautious.

23-Apr-07 Daniel Stewart Hold 5.00p 6.10p - Reiteration
10-Jan-06 Daniel Stewart Buy 18.50p - - Reiteration
12-Dec-05 Daniel Stewart Buy 21.75p - - Reiteration
28-Nov-05 Daniel Stewart Buy 22.25p - - Reiteration
14-Nov-05 Daniel Stewart Buy 22.75p - - Reiteration
25-Oct-05 Daniel Stewart Buy 20.25p - - No change
18-Oct-05 Daniel Stewart Buy 20.50p - - Reiteration
19-Sep-05 Daniel Stewart Buy 23.75p - - Reiteration
16-Aug-05 Daniel Stewart Buy 20.50p - - No change
08-Aug-05 Daniel Stewart Buy 20.00p - - Reiteration
16-Jun-05 Daniel Stewart Buy 21.00p - - Reiteration
16-Jun-05 Teathers Buy 21.00p - - Reiteration
08-Jun-05 Daniel Stewart Buy 20.00p - - Reiteration

[xenawarriorprincess] 25/4/2007 18:36

Looks like we have some new forecasts issued.

The original pre results forecast was for breakeven in 2007. The recent RNS indicates that TLU beat the 2006 forecasts. I suspect they will beat these new forecasts also.

Forecasts
Year Ending Profit (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-07 0.57 0.31p 16.4 n/a n/a n/a 0.0%
31-Dec-08 1.74 0.94p 5.3 0.0 +207% n/a 0.0%

Trends & Recommendations
Current 1 week ago 1 month ago 3 months ago 6 months ago 1 year ago
Revenue (£m)
31-12-2007 81 76 76 76 76 n/a
31-12-2008 86 n/a n/a n/a n/a n/a

Earnings
31-12-2007 0.31p n/a n/a n/a n/a n/a
31-12-2008 0.94p n/a n/a n/a n/a n/a

Dividend
31-12-2007 n/a n/a n/a n/a n/a n/a
31-12-2008 n/a n/a n/a n/a n/a n/a

Recommendations
Strong Buy 0 0 0 0 0 0
Buy 0 0 0 0 0 0
Neutral 1 0 0 0 0 0
Sell 0 0 0 0 0 0
Strong Sell 0 0 0 0 0 0
No. of Brokers 1 0 0 0 0 0

Average Rec 5.00 n/a n/a n/a n/a n/a

[xenawarriorprincess] 21/4/2007 20:57

I believe that the results were slightly better than analysts original expectations.

I thought that they were actually sparkling considering the problems which arose quite dramatically in the 2nd quarter of last year. Most importantly despite high levels of investment in new products and markets we are profitable and cash flow positive.

Both mobile services and the new Voip offerings seem to show great potential.

That said I don't expect the company to be quickly forgiven in City circles for what went on last year - bearing in mind the following took place

3/4/06 - CFO Silvio Arienti appointed

10/4/06 - Upbeat finals, everything going according to plan

22/5/06 - AGM - no hint of anything wrong

3/7/06 - Trading statement, company in midst of major financial crisis

Maybe things had not been quite right at TLU for a little longer than the management would have us believe, and once Silvio Arienti was on the scene he pointed this out and allowed them to get their house in order before it was too late.

Whilst profits may be depressed for another year or so due to the costs of expansion into new markets, the potential revenues going forward are very large and I will continue to add to my holding as and when I can.

At these depressed prices it is too good an opportunity to miss.

Regards,

Xena

[senator] 20/4/2007 16:50

The results were as predicted but with positive undertones for the future. Good to see that they recognised problems at the interims and stated that they would affect the results but they were able to react to the problems and the company are optomistic about having turned the corner.

Senator - holding a grands worth as a punt. Will see if we get anywhere.

[thewalrus] 06/3/2007 09:37

I am following these, with a light holding Xena. I agree that there could be a rapid advance in the share price if the results are satisfactory. I'm pleased they held the recent rise through these last few days. Would like to see some more buyers though!

[xenawarriorprincess] 06/3/2007 09:02

Is anyone following these? Only 20 posts in the last year or so!

Now got a decent shareholding.

Could turn around fast financially, given the turnover, IMHO.

Full year results should be due next month.

Noticed on the web they are recruiting, so hopefully expansion is on the cards.

Profits would be nice as well!

[xenawarriorprincess] 13/2/2007 21:23

Something stirring at TLU HQ?

Or on their P&L account?

[thewalrus] 01/12/2006 08:58

Seeing the odd trade coming through now, people are starting to dip their toe back in on this one. Slowly but surely this will come good again. The Directors certainly seem to think so anyway.

[nilip] 30/11/2006 07:46

He's bought some more ...


RNS Number:9565M
Teleunit S.p.A
30 November 2006


Teleunit S.p.A

("Teleunit" or "the Company")

Director/PDMR Shareholding


The Board of Teleunit announces that on 28 November 2006, Mr Michael Phair,
non-executive Director, purchased 291,500 ordinary Teleunit shares at a price of
4.5p to be held in his Self Invested Personal Pension scheme.

Following this transaction, Mr Phair is interested in 4,775,000 ordinary
Teleunit shares representing 2.56 per cent. of the Company's issued share
capital.

[nilip] 28/11/2006 10:47

RNS Number:8138M
Teleunit S.p.A
28 November 2006


Teleunit S.p.A


("Teleunit" or "the Company")

Director/PDMR Shareholding

The Board of Teleunit announces that on 27 November 2006, Mr Michael Phair,
non-executive Director, purchased 112,500 ordinary Teleunit shares at a price of
4.5p to be held in his Self Invested Personal Pension scheme.


Following this transaction, Mr Phair is interested in 4,483,500 ordinary
Teleunit shares representing 2.40 per cent. of the Company's issued share
capital.

[vickenk] 21/9/2006 08:17

Have just looked through the results. Net asset value of the company is Euro 21m and yet the market cap is 9m!!!!!. If the company have turned the corner then this is definitely worth looking at.

[blank frank] 16/9/2006 21:49

Please note the following new thread which may be of interest:
"Telecom Shares You Should Buy: The Tips League Table"

[nilip] 28/7/2006 10:08

Infonetics

VoIP Services Revenue Growth Will Continue in North American, Europe, APAC

July 26, 2006

By Mae Kowalke, TMCnet Associate Editor

Revenues from VoIP services in North America, Europe and Asia Pacific (APAC) will continue to expand during the next five years, Infonetics Research predicted Wednesday.

The networking and telecom research firm predicted that "a combined $120 billion will be spent on VoIP services between 2005 and 2009 in the 3 regions." This continues a strong trend of growth; revenues in those regions roughly doubled from 2004 to 2005.

Infonetics analyst Stéphane Téral said in a statement that, for the North American and European markets, there is lots of small business demand for business trunking, IP Centrex, and VoIP virtual private networks.

The research firm examined the North American residential/SOHO (small office/home office) VoIP market during 2005, and found that Vonage leads the pack with 27 percent market share; cablecos Cablevision and Time Warner Cable also make a strong showing with combined 39 percent share.

The only other North American providers with subscriber shares of more than 3 percent are AT&T, Comcast, and Cox, Infonetics noted.

Meanwhile, Chinese demand for IP Centrex and IP PBX products-with carriers being encouraged by the government to upgrade-likely will make that region into a major business market, Téral noted.

"Businesses around the world are migrating to IP for increased functionality, greater flexibility, improved productivity, and the potential of growing revenue through better customer service," Téral concluded.