Team Internet Share Discussion Threads

[hsduk101] 09/5/2024 09:12

Nicely up to the 150's now

[azaman] 08/5/2024 19:45

Thank you boadicea.

[boadicea] 08/5/2024 18:44

azaman - Apart from the fact that ordinary (O) trades may be mis-diagnosed for a variety of reasons as commented previously (delayed reporting, sells above or buys below the nominal mid-price etc), AT trades are effectively meaningless as they move shares directly and anonymously from buyer to seller with no "shop-keeper" middle man.
One therefor doesn't know which side of the trade may be an investor (or his agent) and who may be a transitory trader. The party acquiring the shares sold has put a bid into the market which will execute as a 'sell'. If he doesn't get what he wants he may make a higher bid, pushing up the price - but the deal will still execute as a sell. If he does so aggressively the book may get crossed, which I believe will trigger an auction.
Hence a majority of AT sells does not indicate much about the level of demand - for that you need more sophisticated analysis involving the depth of support etc which I am told can be disguised by trading 'bots'.

[davebowler] 08/5/2024 11:34

This has recently come onto on of the Stockopedia screens as a Golden Cross chart signal to buy.

[diesel] 08/5/2024 10:37

Purely an observation on how often shares bounce off or get support around round numbers, I’ve presumed that investors/traders set these as limits for buying/selling.

[azaman] 08/5/2024 10:11

Hi Diesel,

Why would you expect a pause at £1.50 ?

[diesel] 08/5/2024 09:20

This does feel like a shortage of stock this am, trying to tempt sellers, I’d expect a pause at 150p.

[indiestu] 07/5/2024 21:07

Volume up, price up equals more buyers than sellers.

[martinc] 07/5/2024 18:32

It's easy to explain. The identification as a buy or sell is a pure guess based on the price. It's easily followed by late reported trades etc.

[azaman] 07/5/2024 17:44

The trade volume breakdown of today is as follows:

Buy= 1, 043,838
Sell=1, 713 764

So,there has been more sells than buy; yet, the share price is up.
Can someone explain this please ?

[azaman] 07/5/2024 17:26

The no of shares traded today is 2,139,350.
So what can we deduce from this?

[ali47fish] 07/5/2024 13:22

wyh dont we leave this one dormant until we recieve a lovely annoucement for a takeover

[hsduk101] 07/5/2024 13:09

Rising well today

[rivaldo] 07/5/2024 08:42

Cheers davebowler. Given TIG's multi-year outperformance in terms of financials and cash generation the comment about the quality of the online marketing earnings seems somewhat harsh imo - but TIG remains one of the outstanding candidates on the market as regards the likelihood of being acquired.

Especially at the current bargain rating:

"Team Internet Group (TIG)

Share price: 138.6p
Market cap: £346.7 million

Domain name and online marketing business Team Internet Group remains modestly rated despite the strong growth exhibited in the past couple of years. Most of that growth has come from the online marketing division, and it may be that the earnings are not thought to be high quality. Even if that is so, a prospective multiple of seven appears mean, particularly given the strong cash generation.

Acquisitions have been important in accelerating growth, but there is organic growth. In 2023, revenues were 15% ahead at $836.9 million, including organic growth of 13%. Underlying pre-tax profit improved from $70 million to $77.2 million. Net debt increased to $95.3 million because of share buy backs and acquisition payments. The company has also commenced paying dividends.

This year nearly $90 million in cash is likely to be generated by operations. Team Internet has spent $41.8 million acquisition of Shinez, which creates and promotes content across social media and search engines.

First-quarter figures will be published on 13 May. These are expected to show continued growth. The acquisition of Shinez was not completed until the end of April so will not be included. If the valuation does not improve then Team Internet’s strong position in the domain names sector and the cash generative growth of the business would make it an attractive bid candidate for a private equity firm."

[davebowler] 04/5/2024 09:43

htTPs://www.ii.co.uk/analysis-commentary/four-aim-shares-are-potential-bid-targets-ii531587?

[ali47fish] 02/5/2024 14:50

does the latest update on tig from proactive andd any new news- i dont wanr to watch it if it doent

hxxps://www.research-tree.com/media/team-internet-ceo-michael-riedl-discusses-growth-and-integration-post-shinez-acquisition

[melloteam] 02/5/2024 13:00

Team Internet will be at Mello2024 on Wednesday 22nd and Thursday 23rd May 2024, 9am-6pm at the Clayton Hotel & Conference Centre in Chiswick, London. The annual flagship in-person investor event will feature over 40 companies and keynote speakers such as Lord Lee; Christopher Mills; Georgina Brittain; Gervais Williams; Ed Croft; and many more!
Get 50% off your ticket with code MMTADVFN50

For more info:

[adamb1978] 29/4/2024 12:00

Key for their M&A going forward is discpline, both in terms of valuations paid and financing. I'm confident that the CEO understands this though so hopefully should all be value accretive

[indiestu] 29/4/2024 11:21

There is the risk that rapid growth using too much leverage can cripple an organisation. There are many examples of companies that have overstretched and bought a lemon on credit with the following destruction in share price as they write it down and struggle to make the repayments. The share price has fallen since the initial announcement likely reflecting the reduction in shareholder equity (cash in the bank becoming debt).

[robsy2] 29/4/2024 11:04

Misquoted the man. He said
We welcome Shinez to Team Internet. Together we will shine!"

[robsy2] 29/4/2024 11:02

Me too. TIG / CNIC has done well to have made so many earnings enhancing deals over the years, shows a clear strategic vision, excellent integration and a deft touch especially with the low rating.
As Michael says “Let’s Shine together”

[adamb1978] 29/4/2024 10:37

The deal has been known for a while so naturally little reaction today.

As I posted a couple days ago though, I suspect more are in the offing. If they're done at c.4x EBITDA like this one and debt/cash financed, then all good in my view

[indiestu] 29/4/2024 09:06

The market seems indifferent.What is not clear to me is how much of this deal was funded through cash reserves and how much was borrowed through the revolving credit facility.

[robsy2] 29/4/2024 07:48

Yep. Looks like another winner, another piece in the puzzle that inmediately enhances our offering and earnings.