Internet Business Share Discussion Threads

[slapdash] 21/6/2007 14:44

the trouble is that Maz is a young and confident and excitable CEO..

so shareholders get rapped up in his confidence and become over-optimistic..i.e. IBG will always outperform etc etc.....

When this is challenged teh shares crash..

Slapper

[upthetic] 21/6/2007 14:39

Has anyone phoned Maz yet?

[cr4zyness] 21/6/2007 14:38

Valustar,

So Maz stated exactly what was in the RNS ;) That is reassuring lol

[valustar1] 21/6/2007 14:37

I to remain confident with the long term prospects.

But then I dont tend to trade shares but buy and hold.

If you are happy to trade in and out your view on today probably looks different to mine.

I will not sell any at this price and have topped up.

I have also spoken to Maz who advised that profits are going to continue to grow but for the next couple of years not as fast as expected as they are going to continue to invest in the business to estblish a model for the long term.

[liarspoker] 21/6/2007 14:34

What did Maz say that made you add SteMis ?

It usually takes a stock a day or two to settle after a warning. I am surprised to see you buying at this stage.

[cr4zyness] 21/6/2007 14:34

Stemis,

You are a braver person than me ;0 I really hope it works out for you just for your courage, good luck

[masurenguy] 21/6/2007 14:32

SteMiS - well I am glad to see that you have the courage of your convictions ! :o)

[clocktower] 21/6/2007 14:30

Tomorrow I guess you will be wishing not to have SteMis at the current rate of decline. Support maybe at 15p before further falls to 10p?

[stemis] 21/6/2007 14:29

Your posts are great but it boils down to lack of information that we are getting.

I absolutely agree and I have made that point to Maz.

[stemis] 21/6/2007 14:28

M,

So are you adding to your position at this discounted price ?

I have bought 80,000 at 18p

[hirschnathan] 21/6/2007 14:25

Stemis

Your posts are great but it boils down to lack of information that we are getting.

[masurenguy] 21/6/2007 14:11

"SteMiS - 21 Jun'07 - 13:58 - 2179 of 2183: Whether you agree with this is up to you obviously, however the competence and credibility to deliver this has not been affected in my eyes. Its not as if we weren't warned, is it?"

So are you adding to your position at this discounted price ?

[yump] 21/6/2007 14:11

SteMiS

I have to say that most of your points there are assumptions now, especially No.3 as I don't think any of us know exactly how the 'investment within the business' is actually going to increase the long term value and stability of IBG.
That is now a guess imo.

We were warned, that is true. Vaguely warned though.

Theres an issue wrt patience as well. In a market bottom I would be patient.
But I don't believe this is the time in the markets to take a 3 year view.

The biggest clue was the strategic review announcement in April.
I've now nailed it to my forehead.

[68steve] 21/6/2007 14:10

Well after that all i can say is i`m off to enjoy thesummer with my family and will return to the general market in October all being well,good luck all...

[masurenguy] 21/6/2007 14:09

"t1lal - 21 Jun'07 - 13:55 - 2177 of 2182: MEASURENGUY..."There are several profitable AIM listed companies on PERs of 6 and 7 !" Like what mate?"

I compiled a list a few months back - can't put my hands on it at the moment but I do recall that there were at least a dozen companies on it. One I do know, because I am invested in it, is AT Communications (ATCG).

[clocktower] 21/6/2007 14:02

Spot on niggle, but is there any point in buying at these levels to wait at least two years? Bear in mind things might just take a further down turn.

[niggle] 21/6/2007 14:00

Although one could argue that we have still seen 500% return in 2 1/2 years so it doesn't look so bad does it, also when you are trying to grow a business there will be times when investing in the future is more important than pleasing shareholders short term.

[deanroberthunt] 21/6/2007 13:58

WTL for one!

[niggle] 21/6/2007 13:58

What a kick in the teeth for all us long term shareholders.

[t1lal] 21/6/2007 13:55

MEASURENGUY...

"There are several profitable AIM listed companies on PERs of 6 and 7 !"

Like what mate?

[68steve] 21/6/2007 13:54

If i was investing in the future i certainly would not use money to buy back shares,what a fool you would look if developments did`nt work out and you had to turn to the market to finance the future...

[liarspoker] 21/6/2007 13:52

Will we still see Maz posting on this thread in the future ?

[yump] 21/6/2007 13:48

imo this is all to do with visibility.

The same questions in terms of return on our investment have been asked over and over again since Henoo launched (actually quite a few since Plentypoints) and they have not been answered by anyone properly.

I think its also quite telling, that despite many of us on here (me included) thinking that IBG might make a tasty addition to another group, there has not been a queue of other businesses offering money at IBG's door.

It seems to me that what I valued in IBG, which was the willingness to experiment and test new ideas on a small scale, has moved into almost new business startup mode, where investors don't really know where the group is heading. Mainly because these experiments seem to have developed into major things which are going to use more significant resources.

There's Henoo and also an invisible new business idea. On top of the retail, Plentypoints etc. etc.

If I were a new investor and a company came to me with a similar prospectus, I'm not sure whether I would invest.

If I owned the company and wanted to pursue big new ventures, I would separate off the core affiliate business as a 'pure' one with a clear value, sell it and then start up the new one.

As the other affiliate networks don't have so many developments going on outside pure affiliate marketing, in some way its no surprise that IBG is not that attractive. My guess is because other networks are growing very well anyway, they wouldn't want the hassle of integrating the affiliate business and also having to sort out all the other 'add-ons'.

As for other marketing groups being interested, I don't think IBG has enough attractive merchants. If you were a buyer, you'd be looking for a nice set of big name add-ons.

The other issue is that while IBG have been doing all these other things, Affiliate Window have been signing up new 'major coup' merchants, some from TD.