Xlmedia Share Discussion Threads

[rivaldo] 17/7/2017 14:24

Yep, I'm liking that £712,000 buy at 137p. Any seller should be out or nearly out after that!

[igoe104] 17/7/2017 14:08

see what you mean, santangello.

Some big beefy buys today.

[santangello] 17/7/2017 13:01

.....the 1/2 mil buy kinda supports my theory maybe ??

[santangello] 17/7/2017 12:49

Looks like the persistent seller is still around, at 135 ish ?PI's loading up, so once the seller clears we could move quickly up to perhaps 150p in the short term....?

[busterdog2] 13/7/2017 18:21

Looking forward to another step up when the half year results are announced in September.

[3rd eye] 13/7/2017 16:30

Looking strong again.

[santangello] 13/7/2017 14:36

Support bounce ? Buyers and momentum returning....

[panic investor] 11/7/2017 13:05

jut place a line on the bottoms of the ascending share price.

[basem1] 11/7/2017 13:01

Where will she pullback to guys ?

[rivaldo] 10/7/2017 10:30

The new Sharesoc newsletter for July has a column from the well-known "ISA millionaire" Leon Boros - it's good to see that XLM is one of his top ten holdings.

Here's a link, though I doubt that non-subscribers can view it:

[rivaldo] 06/7/2017 12:12

Agreed shaun, Ory is always extremely helpful and receptive via email.

Another brief Buy recommendation for XLM in the IC:

"Acquisitions, diversification and investment in organic growth are doing the job at XLMedia (XLM). The digital marketing company, which specialises in advertising gambling through its own click-bait style websites, has announced that trading in the first half of the financial year is ahead of management expectations. The news sparked analyst upgrades and a 7 per cent share price leap.

Key to the company's strategy has been decreasing reliance on its gambling sales. These fell to 57 per cent of the top line in the six months to June, from 70 per cent in the same period last year. New revenue streams include gaming, mobile applications, e-commerce and finance, which have come from a number of bolt-on acquisitions. Most recently XL bought Securethoughts.com, a cyber security comparison website based in the US.

IC VIEW:

Each acquisition reduces the concentration risk. Given the company's growth potential, a forward earnings multiple of 10 times is too cheap. Buy at 135p."

[oneillshaun] 05/7/2017 14:08

Harry you can email Ory he is more than happy to have contact with shareholders, plus i am sure he has nothing better to do.

[harry the haddock] 05/7/2017 13:57

thanks for your points alphabeta. i hope someone like rivaldo would be able to shed more light on it.
just 1 thought. do xlm not have a contact point for investors? if so would they be able to furnish you with details? on a number of other shares i hold other forum posters have got in touch with the company directly and have had their queries answered very satisfactorily

[tomstone12] 05/7/2017 13:53

Alphabeta, have been reading into this for quite some time including admission doc and several other publications. Ory had no control of his shares in WELP as he was a 10% owner in it. (so were the other two founders)

WELP is NOT Webpals. WELP is a partnership between original PE and founders that owned the business. Webpals is subsidiary of XLM and does not own anything (besides other subsidiaries)

In effect, Ory could not influence the activities of WELP at all beyond using a first refusal right.
Regarding selling shares in the private version, who would buy minority shares in a partnership? That is a VERY illiquid asset.

He was also not allowed to buy ANY shares with the exception of his options pre the first sell down as it would trigger a takeover. If you notice, he started buying right after it. (Also there are closed periods for directors we don’t know of)
Anyone that met him (and I have several times) would hear this, and that he sees a long term future for the business. He has bought and held all he could.
On another note, he founded the business 15 (!) years ago, nothing wrong with him making money from it. I wonder why some of us think that’s a bad thing, anyone investing in this company since IPO made money both from capital appreciation and divis.
And by the way, if you want ask Ory something email IR or him, they answer quickly! (From my experience)

[alphabeta4] 05/7/2017 12:48

Hi Salchow

Thanks for your answers to a couple of my points. On point 1 this breaking of a lock in isn't something I've seen elsewhere albeit I take your point that WELP could be viewed as a 'hands off' owner rather than being something Ory can influence directly and the positive net outcome was the shares being held more widely and with a cleaner structure than before.

On point 2 I obviously don't know and I am disappointed I don't know. I've tried but I can't easily find out the structure online and it means I am left guessing as to what options were/are open to Ory. As an investor I want clear information that I can trace back because after all this is AIM and from experience a healthy dose of cynicism is required, fundamentally this was a big share sale whether intentional or not. I would suspect Ory must have some ability to reduce his stake in Webpals if he really wanted to (otherwise he'd be stuck) albeit if it is a private company it could be illiquid and could take some time to do so. It's a shame there hasn't been a bit more guidance on his plans and options open to him following the Webpals sale. If he believes options are better here it must leave him irritated he's in effect lost over 60% of his shareholding? If I found myself meeting him I would love to ask this to understand his long run plans - does he see his long run future in XLM or does he plan to go on to other things?

I hope I'm at least providing some healthy debate (thanks Maddox for the kind words) and would welcome other comments. If I can allay my concerns the shares would look cheap hence the interest.

[salchow] 05/7/2017 09:42

Alphabeta4 post 5351

To deal with your first two points.

1. A later RNS stated that "Joh. Berenberg, Gossler & Co KG ("Berenberg") acted as sole bookrunner and placing agent in relation to the Offering. Due to significant investor demand and the clean-up nature of the transaction, Berenberg, the Sole Bookrunner on the recent sale of shares by WELP, has agreed to waive the lock-up restrictions which otherwise apply to such shares".

So someone wanted the shares and Webpals wanted the money and they decided to do the deal rather than wait. I guess you can get worried that Webpals didn't want to maintain their investment or excited that someone else wanted to buy! Take your choice!

2. Perhaps Ory has had some cash from this deal or perhaps not. Do you know? There is no reason why he should have had the cash. It is quite possible that it is being used to expand Webpals own business. Although I don't know anything about Webpals they seem to have an interesting and expanding business from their website.

[santangello] 05/7/2017 08:22

With plenty of capital appreciation left here, it is worth noting the fat 6.15p (historical) dividend, which will surely be raised.....a big draw for many ???

[rivaldo] 05/7/2017 07:01

Nice mention in the Times' Tempus column this morning:



"And finally . . .

When XLMedia came to the stock market in 2014, one of the intentions of this provider of digital marketing directing users to various platforms was to spread the business beyond gambling and gaming. It has released a string of positive trading updates since and the shares have risen from an issue price of 49p to 139½p last night. Gambling now accounts for 57 per cent of revenues, down from 70 per cent in the first half of last year, and XLMedia has expanded into areas such as credit card comparison and cybersecurity."

[tomstone12] 05/7/2017 06:25

Napoleon that was one of the funnier drunk anti Semitic rants Ive seen.
Shall I send you a copy of the protocols of the elders of Zion?
Bestiyou finish off with "My reaction is based on fact, not prejudice."
easy on the sauce ok ?

[malcolmmm] 05/7/2017 01:00

And they keep making more money, diversifying, paying out a big and ever increasing dividend , roll on 150p in the near term.

[maddox] 05/7/2017 00:03

Hi Alphabeta4,

I've only recently come on board so a fresh position for me. Always good to hear an alternative view point to challenge ones perceptions. I'm happy that good managers get well rewarded for their success from which I have benefited.

On the other hand, there are far too many poorly performing directors that are at the same time fleecing their shareholders - and it's something that will take me out of share pretty sharpish. So thanks for your research and sharing your concerns.

Regards Maddox

[alphabeta4] 04/7/2017 21:29

I can just never seem to get comfortable with this. Some questions:

1. When there was the share sale in Feb the seller promised not to sell for a further 90 days yet sold again in March?



2. Ory was then 'forced into' a share sale in March as he was a party (presumably of the LLP), significantly reducing his holding. From the RNS:

Ory Weihs, CEO of the Company, has an indirect economic interest in WELP and therefore an economic interest in (but with no voting rights attaching to) ordinary shares held by WELP. While the Placing will therefore change Mr. Weihs' disclosed interest in the ordinary shares of the Company, he has no control over WELP's actions regarding its holding in the Company. Assuming all the Placing Shares are sold, Mr. Weihs' interest will be reduced by 4,474,006 ordinary shares to 2,650,000, all of which are held directly.

If he really wanted to why didn't he then buy loads back? 41,700 on 17th May was tiny in comparison. If you were being really cynical was the share purchase 17/3 he made to fatten the price up? I would gather it implies presumably he knew nothing of a proposal to sell a significant chunk of the company? The sale and buyback bit feels a bit Quindell for those that remember it, not to say that it is of course, but does feel a bit of a 'red flag'.

3. Why were there no figures on the Greedyrates and Securethoughts acquisitions? (I should say for balance the Greedyrates website looks pretty robust and I did manage to find a CNN article referencing securethoughts). Only Clicksmob had figures mentioned which was another Israeli company. The cynic would ask are they making money or are they there to make the revenue look diversified?

4. If Securethoughts is a $2m business why do none of the articles on front page have any comments at the bottom?

5. Bit petty but why does the corporate governance section of XLM not have a picture for Amit?



6. On the existing business can I see what websites they have? By chance I seemed to get some strange results when typing in Ory Weihs CV as part of my other research like the below where several of the links are broken as part of the .cc address. This one seems to be referring to how to unbar yourself from a voluntary ban:



ladbrokes shops locations sport ladbrokessites
zhangru.cc/ladbrokes1910000/ladbrokes+shops+locations+sport+ladbrokessites.pdf
17 Sep 2014 - Grove - Bank Opening Times address, phone . by CEO Ory Weihs and ... ladbrokessites If you choose to resume betting, all you need to do is ...
You visited this page on 04/07/17.

And this one is a page of broken .cc links again looking like Ory articles (which they may or may not be of course).



I'm not a shorter and I wish no harm to anyone here (indeed I know someone personally who is long so I have an interest in being wrong!). The business is paying cash to shareholders which it must be getting from somewhere but something just doesn't feel right.

I await to be shot down, hopefully with links to prove I've got completely the wrong end of the stick!

[panic investor] 04/7/2017 19:43

XLM - TAP and SCH have proved themselves with major clients - that's the difference at the moment