Blue Star Mobile Share Discussion Threads

[rivaldo] 22/11/2005 09:59

From today's Guardian - looks like Seymour Pierce are going to start pushing BTR:


"Star performer

If you will insist on naming your company Blue Star Mobile you should expect analysts to wheel out the puns. Yesterday it was Seymour Pierce, whose analyst Paul Leyland followed half-year figures from the Aim-listed developer of mobile phone games, animation and screensavers with a note entitled "a new star in mobile content". Maiden interim results from the company, whose clients include the Sun, showed losses narrowing to £115,000 from £155,000 a year earlier on £1.2m of sales. Mobile phone content is a growing market and with many companies looking to move their brands into the sphere without investing in in-house expertise, Blue Star is well placed for growth, Mr Leyland believes. Shares in the company closed up 1.75p at 12p."

[rivaldo] 22/11/2005 08:09

Nice start to the day with a tick up on the bid and a reduced spread.

[rivaldo] 21/11/2005 21:39

And from UK-Analysts's daily market report:

"An excellent set of maiden interim numbers helped to lift shares in Blue Star Mobile 1.75p better to 12p. The company, which provides mobile marketing and content solutions, reported gross profits of 400,000 pounds on sales of 1.2 million pounds. Blue Star is continuing to grow at a strong but manageable pace. The company said today that it believed that the business would continue to grow going forward as it exploited opportunities within the growing mobile marketing and content solutions market. Blue Star has already established a number of profitable relationships with a range of blue chip organisations and these clearly demonstrate its ability to grow and develop the business going forward."

[rivaldo] 21/11/2005 19:23

Peter, which contract was that then?

Hello again WJbigno. Have you looked at the company's web site?


I'm sure you know much more about the sector than I do, but judging from the content and other pages it looks like they do both.

Surely the relevant point is that the potential market is so huge and fast-developing that there's room for a number of companies. And given that BTR are already profitable on a £3m m/cap, investors have the chance to get in on the ground floor here, which they couldn't do at RGO etc.

Nice bit of coverage in the Evening Standard smaller companies summary tonight, though it omits the part about being profitable in Q2:



"Blue Star Mobile Group gained 1¾p at 12p after posting a full year pretax loss which narrowed to £115,000 from £155,000 a year earlier on sales of £1.2m, up from £97,000.

The provider of mobile marketing and content solutions is looking to exploit opportunities within the growing mobile marketing and content solutions market."

[peterstilgoe] 21/11/2005 18:40

They still havent announced the contract I was expecting when I setup this thread ! I guess its still to come......

[wjccghcc] 21/11/2005 18:38

But what's their competitive position? Looks like they've come a bit late to the mobile content party. How are they differentiated from 2ergo or win? Are they a content provider or more a content consultant?

[rivaldo] 21/11/2005 12:23

Just a thought. If BTR do achieve £300,000 PBT for the year, they'll have made £415,000 in H2 alone. Annualise that and you get £830,000 PBT on a £3.6m m/cap - with a nice cash buffer on top. Give that a P/E of 20 for exponential growth and we're looking at over 150% share price appreciation.

Even after tax PBT would amount to £600,000, though it looks like tax shouldn't be payable for a while with £561,000 of retained losses brought forward.

Even at minimum, with a small profit this year, cash in the bank and outstanding prospects the current m/cap is easily justified imo.

A small point - the figures have been released nice and quickly after the interim period end. Which at least indicates that the accounting and admin side is being run professionally, always a good sign.

[rivaldo] 21/11/2005 09:48

Couldn't agree more. And at the moment you can buy for only two-thirds off the IPO price!

The revenues from all those contracts are also going to kick in during H2. Plus, with such a small m/cap, there's likely to be plenty of RNS-able news flowe to keep things bubbling.

[lossman] 21/11/2005 09:33

T/o in 6 months is 5x that of ful year last year, and profitable in Q2.

Some recent contract wins are not included in the results at all. I like the Map of London for BA, and able to contact companies from the map. That sounds like a real winner with customers.

I like it. Very few free shares around also. Might even go past the 15p mark this time and test the flotation price. If it goes past there, which it deservedly should, then this deserves to be at least2-3x full year t/o, which = c. £10m at the moment.

[rivaldo] 21/11/2005 09:26

Picked up some of these this morning, including some at 11.35p! On a £3m m/cap, with £0.4m of cash, profitable in Q2, possible full year profit of £300,000, and in an exponentially growing area - looks good to me :o))

[vicktor] 20/11/2005 09:10

Thanks for the article which makes interesting reading........

"My understanding is that Blue Star will manage to offer figures suggesting it traded not too far away from break even in the six months ended September. For the full year there is every chance a profit approaching £300,000 will be achieved. If I am correct the stock market may have been wrong footed again. Monday's trading statement should be a useful guide."

Any idea what the estimates were on flotation?

[aim man] 29/10/2005 18:04

Mobile phone content provider gained 1/2p to 10 3/4p after winning a contract with British Airways3p higher at 2.90 to provide BA customers with a guide to London that can be downloaded to their mobile phones.More deals are said to be in the pipeline.A good piece from the express,a very undervalued share now I believe and certainly a good time to buy from Monday loking at the market cap of around 3 million.

[harryharris] 07/10/2005 15:24

Leo,
You should expect it to be quiet here as only 250K shares were put into the market the rest are closely held. As the company only wanted to raise such a small amount from outsiders, it shows considerable confidence on the part of the directors and insiders. The steady stream of RNS's gives me more confidence than a chatty BB.

[leopold555] 07/10/2005 10:45

I'm out, dead share

[harryharris] 26/9/2005 17:21

Leo,

Thanks, I will probably phone the company or their broker for inf.

Graham

[tiraider] 26/9/2005 12:24

there's several positives on the chart, so I continue to hold.
May - July there's W or double bottom and more recently another small W. There's also resistance at 15.75 that has be overcome. It may range trade until that 15.75 can be broken.
The double bottom at 13.25 is support and is stronger than the resistance at 15.75. The probability is therefore that 15.75 will give way.
Question is when though?

[leopold555] 26/9/2005 10:50

harry 24/4/06 are the next results. AGM on 30/11/05

Leo

[harryharris] 26/9/2005 09:39

Anyone know when any results due?

[harryharris] 26/9/2005 09:38

I have some. Impressive rate of announcements. 3 this month.

[leopold555] 26/9/2005 08:19

Another tickup! One day someone may notice this good opportunity

Leo