Internetq Share Discussion Threads

[mister md] 02/2/2016 19:34

surprised rob terry isnt buying a stake ;)

[gutterhead] 02/2/2016 19:32

Director deals, rumours of takeover, this has the quindell formula

[elrico] 02/2/2016 19:31

How much is cash akazoo generating?

[h2owater] 02/2/2016 19:18

InternetQ revenues up against strong comparatives

28 July 2015 | 09:46am

InternetQ achieved continued growth across all business divisions during the first half of 2015. Revenue increased to c. €72 million (2014: €65.1 million), a 10% year-on-year revenue improvement, even when compared to a particularly strong performance in H1 2014.

Revenues were mainly fuelled by growth at Minimob, displacing the legacy Mobi-Dialogue business which has much lower margins.

Adjusted EBITDA increased by approximately 35%, against the comparable prior year period, to over €13 million. EBITDA margins increased to approximately 18% reflecting higher margins in Minimob and maturity of the Akazoo model.

The company says it has a strong pipeline with good visibility for the coming six months and is on track for even better growth in the historically stronger second half. The company remains confident for full year results to be in line with market expectations.

At 9:46am: (LON:INTQ) InternetQ PLC share price was +1.75p at 295.75p

[h2owater] 02/2/2016 18:51

Nice 87k buy after hours! This will pass £2.00 tomorrow!

[h2owater] 02/2/2016 18:50

Reckon elrico is TW, hence filtered! Enough sh*t from him.

[carbon man] 02/2/2016 18:14

What goes around comes around.

[eastbourne1982] 02/2/2016 18:12

Analcime,

Further to your earlier post which I responded to, please tell me, what is in it for Toscafund and Penta, what are they gaining out of being potentially totally corrupt, there doesn't seem to be a lot in it for them, expecially Penta who don't hold any INTQ shares as far as I'm aware.

[h2owater] 02/2/2016 17:38

Director Deals

[eastbourne1982] 02/2/2016 17:34

Happens all the time, happened only recently with Home Retail / Sainsbury's, price shot up way before any announcements.

[rubberbullets] 02/2/2016 17:32

Bit leaky how this moved before news came out

[h2owater] 02/2/2016 17:31

Yes a drop in the ocean for Toscafund!

[eastbourne1982] 02/2/2016 17:29

As the above post indicates Tosca's total funds under management are around 4 billion dollars, I believe INTQ's CEO owns 40 - 50%, Tosca already own around 7% so the total that they need to mop up would be around 40 - 50% of the company, at the current price that equates to around 20 - 30 million pounds, obviously I would expect an offer to be higher however for the likes of Tosca and Penta combined that is relative peanuts.

[h2owater] 02/2/2016 17:19

Martin Hughes, CEO and founder of Toscafund, commented:

“It is always pleasing to meet and work with like-minded entrepreneurs that judge success over a period of years. Having supported the development and growth of R&R Music and its predecessor since 2007, it is a pleasure to move to the next phase of growth in combination with Akazoo and the excellent management teams of both businesses.”

R&R Music was founded in London by David Ritchie and Eric Nicoli. R&R Music works with all forms of content, but primarily focuses on music. It combines patented algorithms, behavioural science, expertise with social media, and human curation to create a highly innovative profiling and recommendation engine and boasts a range of unique and compelling products and services for music fans, artists, businesses and brands.

Penta Capital is a UK mid-market private equity investor. It currently manages over £300 million of commitments from its funder groups. It has successfully invested in a number of technology businesses in recent years, including the recently announced exit of Six Degrees Group.

Toscafund, founded in 2000 and based in London, is a multi-asset manager of institutional, private family and retail funds. Total funds under management are presently $4bn.

[h2owater] 02/2/2016 17:16

Hold for £3.00



Investors with a taste for digital music might consider InternetQ (INTQ). The mobile marketer offers Akazoo - a music-streaming service with more than 1.4m subscribers - to mobile operators in less competitive emerging markets. But it might not remain a part of the group for much longer: private equity investors Toscafund and Penta Capital shelled out €17m (£12.8m) for a 31 per cent stake in the business last summer. As part of the transaction, Akazoo also integrated music recommendation and user profiling technology group R&R Music.

[sparky333] 02/2/2016 17:16

Burn baby !!!

[eastbourne1982] 02/2/2016 17:16

I wouldn't describe that as very clever at all, do you really thing Tosca and Penta would want to have that against their name, how would it be worth it ??

Also you seem to ignore the fact Tosca / Penta pumped plenty of cash into Akazoo, they probably want to take it out before selling it on in future.

Also Tosca bought around 7% of INTQ in October around the £1.60 - £1.70 level.

That is my view, I guess that may be viewed as being too logical though.

ps. How's your shorting hanging ??

[saturn5] 02/2/2016 16:47

how do you find these before it rises

[elrico] 02/2/2016 14:56

You tell yourself that, sparky....does it help!!