Interactive World Share Discussion Threads

[nurdin] 08/3/2007 13:27

Brilliant operating margins at 42%..low overheads which means any boost in turnover should boost the bottom line pretty fast.Good move D :o)

[diogenesj] 08/3/2007 12:38

Looks good: doubled my holding today.

[nickcduk] 08/3/2007 10:23

A link to the updated broker note:-

[silverfern] 08/3/2007 09:57

yes, you never get in at the bottom or out at the top; you can go mad trying.

I think the market should now recognise the trend. This is the second set of results, the company are making money and expanding, and paying huge wads of profit back to shareholders. THat is a sound enough business model. Add to that their evident technological capability in a developing B2C environment and long-term assured route to UK markets, plus the potential upside in the US (and they make no 'jam tomorrow' statements about it), and you havea pretty persuasive argument to own the shares IMHO.

[taylor20] 08/3/2007 09:09

Alas most of my spare cash is sitting in my ISA, so my top up was more modest. When I said drop back, I meant intraday, a pause for breath if you like, before racing on ;).

[nickcduk] 08/3/2007 09:07

Daniel stewarts early comments are results are slightly ahead of their own forecasts and that everything is going along well. Price target of 125p or so. No upgrades to forecasts expected though I think. A more detailed note will probably be out mid morning. Ill provide a link when it becomes available.

[kimboy2] 08/3/2007 09:06

Got note through from Daniel Stewart;

"Interactive has reported interim results marginally ahead of our expectations. Top-line growth of 28% (LFL +20%) and a slight drop in operating margin in H1 (due to first-time inclusion of Plc costs) led to PBT (pre-goodwill and exceptionals) of £2.1m (+17%), relative to our forecast of £1.9m.

Based on an expected strong H2 sales performance from organic growth and H1 acquisitions, as well as a flat H2 gross margin, we retain our FY07 forecast of £5.4m PBT (EPS 9.19p). Positive macro conditions and industry developments (enhanced broadband penetration and mobile handset functionality) continue to support the attractive growth being demonstrated by Interactive.

The current P/E of 9.8x significantly undervalues the quality of the group's technology, potential organic and acquisitive growth, recent purchases, dividend yield of 9.5% (FY07E) and an estimated CAGR in earnings of 17.0% (FY06-08E). We maintain our Buy recommendation and 124p price target (13.5x earnings multiple target, relative to sector peers at c.15x)."

ITW are doing presentations this week and next as well.

[silverfern] 08/3/2007 09:03

Why buy if you think it will fall? Honestly you lot, relax. All buy sso far (the 91p was taylor no doubt). I expect this to add during the day - 16 March is div day, hardly a wait for a return of 4% is it? And the yr promises around 8-9% div on current pricing.

[taylor20] 08/3/2007 09:01

Wrong there, :)

L2: all three 89 - 94

[taylor20] 08/3/2007 09:00

L2:

WINS & KBC: 89 - 94
SCAP (stubbornly): 87 - 92

Topped up myself @ 91.15, (although I have a feeling, we may drop back a touch)

[silverfern] 08/3/2007 08:11

Kebab- have a cup of tea and relax

[kebab77] 08/3/2007 08:06

5 buys already, no movement - there seem to be plenty of shares available? Overhang?

[silverfern] 08/3/2007 08:03

Look again, it didn't fall, the spread narrowed - just basic maths..

The company made it clear earlier this year that t'over is weighted to the seoncd half. Now they are saying they will grow rev and profits further this year. So this looks very good indeed.

"Looking forward, we anticipate an increase in revenues through mobile searches
as mobile network operators benefit from customers browsing 'off-portal' more
extensively. We also expect to see a steady improvement in the profitability of
our internet-based billing and content services. We look forward to the second
half with confidence."

[kebab77] 08/3/2007 07:51

You would think so, but I'm still worried why it fell a little in advance of the results yesterday ...

[livinginhope] 08/3/2007 07:39

I expect the shares to finish up today as a result of the excellent dividend and amazing yield at the current price.

[nurdin] 08/3/2007 07:35

Like for like turn over up 20%....so no margin loss there.They will bring the acquisition margins to their own level boosting future profits...

Double digit profit growth,excellent cashflow,operating in a bouyant market and yielding 8% on your investment....why look elsewhere? :o)

[matt] 08/3/2007 07:23

Turnover grew faster than profits. Reduced margin?

[matt] 08/3/2007 07:21

RNS Number:4998S
Interactive World plc
08 March 2007





INTERACTIVE WORLD PLC

8 March 2007

Interim results for the six months ended 31 January 2007

Interactive World plc (AIM: ITW), the mobile content technology company,
announces its interim results for the six months ended 31 January 2007.

Financial and business highlights:

*Turnover of #5.1 million, an increase of 28% (2006: #3.9m)


*Like-for-like turnover (pre-acquisitions) up by 20%


*Profits before tax rose by 18% to #2.1 million (2006: #1.8m)


*Interim dividend of 3p per share in line with stated dividend policy


*Mobile related turnover up 13% to #3.8 million (2006: #3.3m)


*Earnings per share of 3.70p (2006: 3.53p)

*Strong net cash position of #2.1 million

*Strictly Broadband acquisition bedding in well and now beginning to
deliver profits



Simon Hume-Kendall, Chairman, said:

"I am delighted to present such a positive set of interim results, which show a
further improvement in revenues and profits from the mobile content delivery
business, and an increase in profitability from our internet services.

"Particularly pleasing is the Company's ability to pay a generous dividend which
means that our shares currently yield around 10% on an annualised basis.

"Looking forward, we anticipate an increase in revenues through mobile searches
as mobile network operators benefit from customers browsing 'off-portal' more
extensively. We also expect to see a steady improvement in the profitability of
our internet-based billing and content services. We are confident of achieving
market expectations for the full year from, in particular, new revenue
opportunities currently in deployment. This is despite our overseas expansion
being slower than originally forecast in terms of full year contribution,
notwithstanding that it is now starting to show real potential in the United
States."

[goldie40] 07/3/2007 17:08

sorrey made a mistake in my earlier post the web site is dawn traders not dawn raiders

[taylor20] 07/3/2007 11:17

www.m*neyam.com/promo enter "marchtrial" to get free L2 till end of March.

KBC 88-93
WINS 87-92
SCAP 87-92

[kebab77] 07/3/2007 09:33

Stuck at 90p - can anyone see what Level 2 is doing?

[edcrane] 07/3/2007 09:08

doi yo0u have a link to the article?

[kimboy2] 06/3/2007 15:28

Mobile TV Revenues to "skyrocket" says Informa
The mobile entertainment market will more than double over the next five years, reaching $38.1 billion (£19.3 billion) in 2011, according to Informa Telecoms & Media. In its new report, 'Mobile Entertainment', Informa says the market was responsible for $18.8 billion in revenues worldwide in 2006.
Music and images dominate the market accounting for 64% of revenues in 2006. But while mobile music will continue to grow, the market for wallpapers, avatars and other images will shrink, Informa believes. By 2011, images will have fallen to fourth place, behind mobile games and video.
"Although music services such as ringtones, full track downloads and ringback tones will continue to generate the highest proportion of revenues seen in the mobile entertainment industry, Mobile TV service revenues are set to skyrocket over the next five years, growing from $178 million to more than $1.8 billion in 2011", says Daniel Winterbottom, Senior Analyst at Informa and Joint Author of the report. "Large sporting events, like the Ashes cricket tour, are seeing more and more people take out subscription packages with their operators that allow them to watch TV services on the move, and this is reflected by the phenomenal growth this segment will see" says Winterbottom.
Ringtones and wallpapers, mainstays of the mobile entertainment, are becoming less important, as consumers upgrade to more advanced handsets which support a wide array of entertainment features, from 3D games to broadcast TV to high-quality music playback.
Mobile games and mobile video, which together represent only one quarter of mobile entertainment revenues in 2006, will account for close to half of the mobile entertainment market's growth over five years‚ time.
"Consumers are becoming more aware of what their handsets are capable of, and what services are being offered", says Chris Coffman, Senior Analyst at Informa and Joint Author of the report. "There's still significant room for improvement, but mobile operators are making it easier for consumers to access entertainment content by introducing search tools and personalised portals."
Mobile Entertainment (4th edition) offers an in-depth analysis of major player strategy, as well as full forecasts by market segment and region. Report coverage includes games, music, TV and video, mobile communities and user-generated content, personalisation and images, gambling and adult content.
The report includes case studies, business strategy, pricing models, key issues and recommendations for all players in the Mobile Entertainment value chain.
The report costs £2495.

[kebab77] 06/3/2007 10:07

Surprised there's no rise today - i guess when it breaks 90p it will fly.