Xlmedia Share Discussion Threads

[igoe104] 04/7/2017 15:24

Lets not forget the $30 million + cash-pot, hopefully some more acquisitions in the pipe-line.

[rivaldo] 04/7/2017 15:20

Cheers igoe. Both Berenberg and Cenkos had $130m sales pencilled in per their notes from 7th March, so I assume these upgrades have been put in place after today's news.

[igoe104] 04/7/2017 15:00

Analysts at Berenberg now expect the company to bring in sales of $138m (£106.74m) by the end of the year, compared to $104m in 2016. Cenkos upgraded its forecast by 3 per cent to $133.5m (£103.33m).

[cheshire man] 04/7/2017 14:58

Thanks for that igoe :-)

[igoe104] 04/7/2017 14:56

IC TIP UPDATES:
The first half of the financial year has been better than management at XLMedia (XLM) expected. Shares were up 9 per cent off the back of a strong trading update which pointed to recent acquisitions and revenue diversification as the reason for the outperformance. XLMedia has been busy diversifying its revenue streams and now receives just over half of its sales from gambling advertising - down from 70 per cent in the first half of last year. This diversification and strategic acquisitive growth is why we rate shares a buy.

[panic investor] 04/7/2017 13:45

you referring to EDM ?

[busterdog2] 04/7/2017 13:01

Excellent TU. I guess that the divi should exceed expectations too.

[panic investor] 04/7/2017 08:35

I was expecting end of month - damn it !

[cheshire man] 04/7/2017 08:35

Excellent update and pure luck I topped up yesterday :-)

[rock star] 04/7/2017 08:12

They always underpromise and over deliver. My target is over £3.00 by end of next year.

Quality of earnings means P/E expansion on top of organic growth.

[panic investor] 04/7/2017 08:09

Hopefully the other won't let us down tomorrow Rivaldo :-)

[rivaldo] 04/7/2017 08:06

New highs already - and a long way to go imho.

[panic investor] 04/7/2017 07:59

Glad you deleted that and reread the RNS !

[albanyvillas] 04/7/2017 07:57

Looks a bit of an anticlimax tbh

[cwa1] 04/7/2017 07:39

If Carlsberg did Trading Statements.....

[panic investor] 04/7/2017 07:37

I like the diversification too - impressive update as ever

[rivaldo] 04/7/2017 07:33

A superb trading update, being ahead of expectations yet again....

After all these successive periods of impressive performance, the market should surely be re-rating XLM to an ex-cash P/E far greater than the current 8 or 9......

Especially as the proportion of revenues deriving from non-gambling verticals is rising so fast - it's already up to 43%.

I can see XLM trading at 200p-250p in the not-so-distant future if all goes well.

[santangello] 04/7/2017 07:33

Yum yum, excellent statement.

[tomstone12] 04/7/2017 07:24

Larva...have you been following? it was an indirect sale of shares and direct buy. topic covered here many time. plus he has been buying at ATH.
This is another great statement.

[larva] 04/7/2017 07:22

recent director sales a worry

[sdtreble] 04/7/2017 07:09

Another superb trading update :-)

[panic investor] 03/7/2017 12:31

Fair enough - it took me ages to buy this and TAP for the very same reason