Internetq Share Discussion Threads

[elrico] 02/2/2016 14:39

Thought you was ignoring me, Loverat...still can't answer the questions, eh :-)

Aren't we all lucky!! Depends on your average price, in your case you have a ways to go. Good luck :-D

[tonysss13] 02/2/2016 14:10

that's me out good luck fellas

[costax1654x] 02/2/2016 14:02

Thanks Intq

[costax1654x] 02/2/2016 13:59

Have a look at PCGE,anyway...brilliant,I made an easy 13000£!!!Good luck boys and girls

[costax1654x] 02/2/2016 13:58

Sold here,good luck all,I didn't expect that wow!!!

[hazl] 02/2/2016 13:52

very pleased for you wantowin if you are still in!
not a holder now myself....

[tonysss13] 02/2/2016 13:45

this was a gift of a short ridiculous post news move

[merkage] 02/2/2016 13:37

Right all form an orderly que. No one sells before all their mates are out!

[elrico] 02/2/2016 13:36

Interesting trade action ahead of news...uhm, says a lot about how this company is run. see the BBM are out in force. Take the opportunity to get out because once TOSCA realise what buried in the accounts I doubt you will see the foolish valuations ramped here today.

Good luck though, I wish you well.

[mister md] 02/2/2016 13:35

took profits just in case they are doing something sneaky like shorting their own stock - all those AT sells are a bit odd ? QPP/GBO etc..
Will watch this movie from the sidelines now

[h2owater] 02/2/2016 13:29

Value 528p


But a crucial event for InternetQ also has implications for its valuation. Over the summer, a consortium led by Toscafund and Penta Capital pumped €17 million into a UK registered entity that will hold the Akazoo business. The division also now includes music recommendation and profiling engine R&R Music. The implied post-money valuation of the enlarged debt-free Akazoo business was €104 million, with InternetQ holding 69.1%.

The money not only provides capital for expansion, but places an accurate value of €72 million (£53 million) on InternetQ's stake in Akazoo. Remember, InternetQ's market capitalisation is only £88 million.

Yes, there will be a €3 million hit to Akazoo's cash profit – a mix of R&R overheads and investment – which means broker Canaccord Genuity has cut cash profit estimates for 2015 from €28.9 million to €25.9 million, and EPS from 42.8 euro cents to 36.2c. Numbers for 2016 are unchanged, and increase for 2017, giving EPS of 61.8c.

"The increased investment in Akazoo should yield a rapid payback and enhance the valuation of the music business," writes the broker. "Strip out Akazoo, and the implied [market value] for mobile marketing is just €51 million, representing a 2016 PE of 2.6x and EV/EBITDA of just 1.2x."

Include the whole business and the shares trade on just 8.4 times earnings for 2015 and 5.6 times enterprise value/cash profits (EV/EBITDA). That drops to 6.3 times and 4.2 times on 2016 numbers.

Canaccord thinks the shares are "materially undervalued" and worth 528p. That would only put them on 15 times earnings for 2016 and EV/EBITDA of 8.5 times

[liam1om] 02/2/2016 13:28

Course not andy. I've just sold out 161. Good luck all holders.

[andysand] 02/2/2016 13:26

Obvious insider buying before the announcement. Will any investigation be carried out? Course not...

[liam1om] 02/2/2016 13:22

Very hard to tell. Uncrossing now at 158.

[eastbourne1982] 02/2/2016 13:22

Obviously Tosca like what they see, realistically what price ?? No idea.

[liam1om] 02/2/2016 13:21

In auction at 145 at the moment.

[h2owater] 02/2/2016 13:20

300p?400p or 500p?

[mister md] 02/2/2016 13:15

Auction
Shorters screwed

[mister md] 02/2/2016 13:14

Statement Re Possible Offer

The Board announces that it has been approached by Toscafund Asset Management
LLP, Penta Capital LLP (together "Tosca Penta") and Panagiotis Dimitropoulos
(the Company's founder and CEO), acting jointly, about a possible offer for all
of the outstanding shares in the Company which are not already owned by this
consortium. The Board confirms that it has authorised the CEO to enter into
discussions with Tosca Penta regarding a joint offer and that it has formed an
Independent Committee to consider any offer.

[liam1om] 02/2/2016 13:13

There you go. Possible offer.

[mister md] 02/2/2016 13:11

sentiment can change quickly - see GKP lately
INTQ may be up from the lows, its still massively down from recent 300p+
It was priced to go bust basically, and if this is not the case then we could see some further decent gains. Always be cautious with AIM stocks though, goes without saying....

[jonc] 02/2/2016 13:11

Watchstone are launching an all paper bid........

lol.

[boycie1] 02/2/2016 13:09

not getting much of a mention on ShareProphets recently......

:)