Internet Business Share Discussion Threads

[hirschnathan] 02/7/2007 16:26

who said a dividend is on the cards?

[the analyst] 02/7/2007 16:23

One other nice thing about dividends is they still give investors the opportunity to increase their percentage holding if they wish to, because they can re-invest the money into further share purcahses.

This could be particularly useful for people like Maz, if he is looking to increase his percentage holding.

A 1p dividend would see Maz pocket over £150,000 which would allow him to buy a further million shares. Who knows, that alone could result in the share price begninning a new uptrend.

[polzeath] 02/7/2007 16:15

Hi there Aleman. I love share buybacks and see them as a very efficient way to return money to shareholders without them having to pay tax on the share price increase until they choose. Also, borrowing more (for buybacks) can be a good way for companies to make themselves less attractive to private equity and other takeover chappies. In itself, borrowing more can effectively make money for the company in question if that money is used for share buybacks. Also, see CCT who bought back shares at a low price then later sold them out again making a massive profit for the other shareholders.

[the blackster] 02/7/2007 16:14

Knowing what are you blethering on about? More to the point - at what point are you trying to get back in after you've deramped?

[68steve] 02/7/2007 16:13

Agree and the fact May was a good month for travel sites and IBG still gave a warning does`nt bode well for the next few months...

[aleman] 02/7/2007 16:07

I agree. My experience is that shares that start to pay dividends usually rise whereas shares that initiate buy-backs usually fall. I think buy-backs are seen as lack of investment opportunity within the business, i.e. ex-growth, and a strained attempt to pump share options into the money. I'd me curious to know if others hold similar or differing views.

[the analyst] 02/7/2007 16:02

"Knowing - 1 Jul'07 - 23:40 - 2536 of 2538
No real support until around the 11p mark IMHO"


I agree - from the chart, that looks like the support level. Having produced what is effectively a two-year profit warning, I would expect the price to keep drifting until they can reassure the market that things are going well.

It could be time to introduce a dividend and attract some new investors on board. It looks like they could even declare a 1.2p dividend over the coming year. That would represent somewhere around 7-8% around these levels.

[buzz4rd] 02/7/2007 08:16

May was a good month for Travel sites -

[yump] 02/7/2007 07:53

Sorry put the wrong date in that post. Travelsupermarket launched in Autumn 2003.

[knowing] 01/7/2007 23:40

No real support until around the 11p mark IMHO

[the analyst] 01/7/2007 22:53

Perhaps they will bid for IGB? lol!

[yump] 01/7/2007 22:36

I was just reading an interview with the founder of moneysupermarket, somewhere on the e-consultancy site, which I think was from 2004. Historical reading; v. interesting. travelsupermarket.com launched in Autumn 2003.

Business model mentioned then was provision of the moneysupermarket.com tools co-branded free to a whole host of partners (big ones eg. Freeserve, Auto-trader), with a split in fees earned for products sold through partner sites.

That was a groundbreaking arrangement.

[aleman] 01/7/2007 22:04

Moneysupermarket.com to float for 10 x revenue, or about 50 x pretax profit, with underlying growth around 30% in the last few years.

[jaka] 01/7/2007 18:38

LOL, yet another ADVFN BB classic and beats the thread titled,

DOOM-The End is Neigh.

I posted that we'd all better gee up then.

Any dates penciled in for the results yet.

[krakow] 30/6/2007 17:08

"writ their written diarrohoea"

Exactly......

[tsigoloroh] 30/6/2007 16:54

Sagem

since moneyweek writ their written diarrohoea, the price has halved

[sagem] 30/6/2007 11:51

tsigoloroh .....HAVE CONFIDENCE AND BE PATIENT

So whats so wrong with this company....this report dated Feb 2007 appears to be very good ;-

Internet Business hikes profits

Date: Monday 12 Feb 2007

LONDON (ShareCast) - Internet Business Group, the advertising and e-commerce company, posted a massive increase in profit and sales for the last year and said it expects more of the same.

The group said pre-tax profit surged to £1.12m for the year to 31 October from £413,000 a year earlier, on turnover up 112% to £13.4m against £6.32m last time. Net assets also increased 129% to £3.40m compared with £1.49m.

"Trading since the financial year-end has remained strong and in line with management expectations. We look forward to the remainder of the current year with great optimism," said chairman Maziar Darvish.

The group launched IBG Media during the period, starting with the launch of its holiday search engine Henoo.com in March 2006. The group also acquired the domains CheapHolidayDeals.co.uk and CheapAccommodation.com in July.

Much of the group's turnover currently comes from its Advertising business however the Media division recorded an impressive 181% increase in sales over the year.

[what is a login ?] 29/6/2007 20:43

Buy low and sell high I suppose, Polzeath. Now if this stock paid a dividend you would be probably looking at a yield that had increased in inverse proportion to the share price fall. People would think. "Hey! This looks like a bargain. In two years' time it will be back at 34p. In the mean time I'll sit back and enjoy the divis coming in." Instead you get a woolly statement talking about share buy-backs.
(0/T 12345th Hi! You're right, I don't really belong here. My favourite stock at the moment is HYD)

[polzeath] 29/6/2007 19:24

You're right, of course.

I still can't see a good reason to buy IBG at this SP, though, care to enlighten me?

[lord buffett] 29/6/2007 19:18

If the market got it right all the time, neither you nor I would ever buy any shares as there would be no point; everything would always be perfectly priced and there would be no potential upside or downside.

[polzeath] 29/6/2007 19:15

Just shows Maz and pals held somewhat inflated views of the value of IBG.