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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Daily Internet | DAIP | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 1.65 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1.65 | 1.65 |
| Top Posts |
|---|
Posted at 10/12/2014 08:05 by liquid millionaire Chairman's StatementDaily Internet continues to evolve as a business. We are very pleased to report our maiden EBITDA profit. However, we regrettably report that there were some management team issues which adversely affected Netplan's trading performance in the last few months of the period and as such we expect the group as a whole to be slightly behind management's expectations for the full year. I am pleased to report that we have since resolved these issues by replacing the individuals concerned with a stronger team. We have additional changes which we hope to announce to the market in due course which will further and considerably strengthen our business offering. We expect these changes to significantly bolster us in achieving the transformation we desire - to become a Cloud SaaS provider capable of taking on much larger clients and contracts. During the period we acquired Evohosting Limited for a cash consideration of GBP435k which was favourably supported through a share placing with our existing institutional investors. Evohosting has performed slightly better than we had expected and is now fully integrated into the Group. Our Cloud capabilities continue to advance in Netplan with increases in network capacity and footprint. We successfully installed Cloud platforms in two New York datacentres, at the request of our clients, and we have plans to extend our Cloud platform to other countries to further meet the needs of our clients. With our increased capabilities and the ongoing transformational changes we look forward with confidence. Michael Edelson Chairman 9 December 2014 |
Posted at 14/8/2014 07:48 by fenseal3 Great news, it's all coming together now....i like the progress they are making, not long before investors see this as a solid investment and jump on board, from last results upto March 2014.Financial Highlights Revenue increased by 49% to GBP2.33 million (FY 2013: GBP1.56 million) including GBP0.68 million revenue from Netplan for the 4.5 months to 31 March 2014 Gross profit increased by 62% to GBP1.29 million (FY 2013: GBP0.79 million) Adjusted EBITDA loss reduced to GBP0.05 million (FY 2013: loss GBP0.17 million) Cash and cash equivalents GBP1.00 million (FY 2013: GBP0.37 million) Operational Highlights Acquisition of Netplan Internet Solutions Limited ("Netplan") in November 2013 for a total consideration of GBP3.7 million (Note 8) Netplan performing ahead of expectations and earn-out paid early with full integration now underway Netplan moving Daily Internet up value chain with Group ARPU increasing to GBP128 (FY 2013: GBP87) and two largest customers now generating revenue of up to GBP200,000 per annum each Acquisition of NameHOG in January 2014 for a cash consideration of GBP150,000 NameHOG already fully integrated into the Group Two fundraisings completed amounting to GBP3.625 million before expenses Abby Hardoon, CEO of Daily Internet, commented: "I am delighted with the progress made by the Group during the year to 31 March 2014, a period in which we experienced solid growth and successfully executed a number of acquisitions. These have increased our customer base, improved our product set and resulted in higher ARPU. Looking forward we expect to benefit through extracting further synergies from these acquisitions, particularly as we are now able to fully integrate Netplan following the early payment of the earn-out. "We will continue to target small internet hosting businesses for consolidation as well as larger acquisitions with higher revenues per customer to enhance our high-end product range and extend our reach into new markets with new brands. We hope to be able to provide further updates in this regard in due course and we are confident of delivering further growth in the year ahead. From todays RNS which i like Abby Hardoon, Managing Director of Daily Internet plc, commented: "We are delighted to announce the acquisition of Evohosting which will be immediately earnings enhancing to the Group and offers a range of cross-sell and upsell opportunities once integrated. We are also pleased that the Company's existing shareholders continue to support our acquisition strategy as demonstrated by their participation in the subscription. We continue to seek earnings enhancing acquisitions in order to add critical mass to the Company's operations. |
Posted at 29/3/2014 19:21 by poacher886 Yea, i've seen that news before...confirms to me what i thought..no fast instant millionaires here, but a nice slow steady gain over the coming years. One for the investors rather than the traders. |
Posted at 26/3/2014 19:05 by montynj It's when it's boring is the time to accumulate. Right now it's still below investors' radars. What the company is doing is far from boring and soon the market will realize. Here is what the renowned Sharewatch says:-" (Sharewatch) On SCSW we have a bit of an aversion to penny shares. Most weeks we get invited by two or three such companies to look at their prospects. We usually take a cursory glance to be polite but almost always decline to go further. Buy-sell spreads are always too high and most of the business plans are on a wing and a prayer.Daily Internet (DAIP; 1.88p) is one of those that looks like it might have something there however. Managing director Abby Hardoon likes to describe Daily Internet as an Iomart (IOM; 259p), albeit an early stage one. He would say that. Iomart has been a successful recommendation for SCSW; the business started off with several data centres, a domain registration business and then began to acquire managed hosting firms. In the process, the shares grew from our recommendation at 44.5p in January '10 to top out at 324p last October.We can't promise Daily Internet is going to do anything like this but the omens are good. Hardoon previously established Host Europe in the managed hosting/datacenter sector in 1997 and grew that business organically and by acquisition before selling to Pipex in 2004 for £31m (by which time revenues were £17m). It wasn't happy moments towards the end with a boardroom brawl amidst allegations of office affairs, which eventually led to the broker resigning.But Hardoon has dusted himself off and the plan, with some of the same team in place (including the finance director and operations manager), is to repeat the exercise.Like all the data centre/managed service operators, Daily Internet is benefiting from the fact that global data traffic has already grown fourfold in the last five years and is projected to triple again in the next five driven by the growth of smartphones, laptops, tablets and PCs. Companies all need to host their data somewhere and they do this either in their own data centres or outsource the service to specialists. At the same time, speed and connectivity is also increasing, which means devices are consuming more data so a bigger infrastructure is required.Daily Internet was established in 2006 and spent the early years listed on PLUS before transferring to AIM last year. At the time, from its single centre in Nottingham, its mainstay was the provision of domain name registration services (supplying and managing the registration of internet names for customers), email services and mass market hosting services (hosting multiple customer websites across single servers).With around 60,000 customers Hardoon says it is the 12th largest business of this kind out of a marketplace of around 2,500 suppliers. To us, it's an OKish area but not an especially exciting one to be involved in. Everything is generally automated so customers can sign up to the services themselves but average revenues per user are low (£7-£280 per year) and Daily Internet had generated sales of just £1.56m. But fortunately Hardoon has already completed two acquisitions. Smaller of the two is Namehog, a lookalike business to Daily, which it bought for £0.15m (which after removal of duplicated costs should equate to around 2x profits).But in October Daily Internet completed the much more interesting acquisition of ten year old Netplan for £2.5m plus a £750,000 earnout based on future profits. To fund the deal it also placed 200m shares at 1.5p. In 2013, Netplan generated sales of £1.3m and made £0.6m profit, so it looks an attractive price.Netplan is at the pinnacle of the hosting market by providing dedicated servers (servers leased entirely to one customer) together with managed solutions aimed at high volume online businesses where users typically pay between £600 and £20,000+ annually on contracts that span one or two years. Its growth has recently been driven by its PCI capability (Payment Card Industry Data Security Standard) to meet the most stringent security standard for those who take credit card payments. Call centres, for instance, now will pass you over to an automated system to take your card details to ensure they are not stored or recorded. Similarly for payments over the internet, VISA have a set of stability/security requirements for data storage. Netplan has had the highest level of PCI compliance since 2009 (Level 1 - for those with over 2m transactions a month) and this has been behind its rapid growth.Post the deal there are 407m shares in issue giving Daily Internet a market cap. of £6m. The acquisition means Daily Internet as a whole should move into the black in 2015, with Sanlam forecasting" £0.4m pretax (eps 0.08p) on sales of £4.25m and with most of that income being repeat in nature, Daily Internet has a good platform to build on growth in subsequent years.I think Sanlam's forecast is on the high side given they only expect sales of £2.7m this year but Iomart has shown what might be possible and the shares are an intriguing, albeit somewhat speculative, buy. |
Posted at 10/3/2014 13:50 by liquid millionaire AISHAH 10 Mar'14 - 13:17 - 167454 of 167454 1 0DAIP (2.25p) - SCSW failed to mention that Investec Wealth and Investment upped their stake to 3.43% and Hargreave Hale has 15.43%. "Abby Hardoon, Managing Director of Daily Internet plc, commented: We are delighted to announce the acquisition of NameHog which will be immediately earnings enhancing to the Group and offers quickly realisable operational synergies. The acquisition is in line with our buy and build strategy and expands our client base and product and services portfolio, whilst providing numerous cross-selling opportunities. "We are also delighted with the support from our existing institutional and other investors and we look forward to providing updates on progress and further opportunities." Buy and Build strategy - now where did I see that one previously? This one's only £6m mkt cap. So plenty of scope. dyor. |
Posted at 10/3/2014 12:20 by hjfe hxxp://www.daily.co. |
Posted at 15/1/2013 22:05 by liquid millionaire Abby Hardoon, Managing Director, commented:"Daily Internet has achieved sustained organic growth since its formation. The Company is now joining AIM as the board believes it will assist the Group in raising additional equity capital, provide improved liquidity for investors and enable future acquisition opportunities as we seek new technologies to improve market share, gain access to new markets, increase revenue and consolidate the Group's market position." |
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