Riverfort Global Opportu... Share Discussion Threads

[pomp circumstance] 10/6/2005 11:51

no , you didnt complain on PDX!!!

[andy hals] 10/6/2005 11:45

Pomp, are you any realation of HOOTSTER? You sound exactly the same....

[pomp circumstance] 09/6/2005 14:48

Interesting 600k X trade today!!

[pomp circumstance] 07/6/2005 07:35

sector is doing well!!


Ringtones may be maddening but Monstermob is still profiting

The Crazy Frog is number one in the pop charts for the second week. The world has not gone mad, though. The ringtone-turned-pop song is the logical next step in the convergence of the entertainment and the telecoms industries, and the gradual morphing of your mobile into your MP3 player.

Monstermob is benefiting already and stands to make even more money from this revolution.

The company is in effect a retailer, selling its wares ­ ringtones, wallpapers, games and, increasingly, pop songs in full ­ over the phone network for downloading to your phone. It has grown into a company worth £175m, and (if you look at the valuation applied to its rival iTouch when it agreed a takeover by a Japanese firm in April) is undervalued still.

A trading update yesterday said it had earned £2.2m on sales of £8.4m and now had 10.7 million subscribers across the world. Its Asian businesses are growing particularly fast and it is now eyeing China. This spread makes it an obvious takeover candidate.

The risks are that the subscriber model will break down, and there are already complaints about children being sucked into paying regularly for new content without fully understanding the terms. Margins, too, should fall since Monstermob is selling the Crazy Frog's single for £4.50 when it is available for 79p on iTunes. For now, though, the phenomenal growth is the main story. Buy.
7 June 2005 07:56

[fegga] 06/6/2005 20:54

15th may for citywire article

[the prophet] 06/6/2005 18:02

-but that bit could still be very relevant....

[pomp circumstance] 06/6/2005 17:46

no, the citywire artible is a few weeks old now! ( i think)

[the prophet] 06/6/2005 15:14

-PC
-re Citywire article, could current strength be something to do with this bit?

'As well as organic growth, the company has also identified a number of potential acquisitions in both Europe and the US'

-looking good.....

[pomp circumstance] 06/6/2005 12:14

something in the pipeline Im sure!!!

[fernandesb] 06/6/2005 08:55

Thanks for posting the above,which speaks for itself

[the prophet] 02/6/2005 13:01

-nice write-up also in the Techinvest edition that was out the week-end just gone.
-here are a few snippets:

'2ergo has been growing at a cracking rate since it begun trading in 1999, as sales more than doubled each year'
'96% (of customers) renewed contracts and many expanded their current useage'

Techinvest's bottom line comment?

'With no sign of the exceptional growth rate slowing, the shares remain attractive, Add'

[pomp circumstance] 02/6/2005 12:47

IT did you email me as per a post about 25back!

[ltinvestor] 02/6/2005 12:45

Todays FT "2 ERGO GROUP,the mobile communications group, rose 3.9% on talk that a new contract was imminent"

[pomp circumstance] 02/6/2005 09:22

bit of profit taking kicking in!!

[gucci] 02/6/2005 08:09

taking off

[pomp circumstance] 02/6/2005 07:49

Another early buyer today!

With a great night on the nasdaq i see another strong day today!

[helpaargh] 02/6/2005 07:21

Cheers,i rate G.G.I as giving solid advice and ideas quite sensible really have read them for years, don't subscribe tho

[pomp circumstance] 02/6/2005 07:11

maybe thats wrong actually, its Growth Equities and Companies Research on UK-Analyst thats T1ps, apologies!!!

[helpaargh] 02/6/2005 07:06

Pomp is that true,does't seem like their writing style

[geraldus] 01/6/2005 19:32

Mentioned as a buy in Growth Company Investor stock update.Hot off the press....

[smelleroo] 01/6/2005 14:10

Here is the one liner from todays independent:

2ergo ticked 2.5p higher to 140p on whispers that the mobile solutions group may soon have some positive news about its roll-out in the US.

[pomp circumstance] 01/6/2005 13:59

no, very nice!!! :)