Mirada Share Discussion Threads

[noli] 05/12/2013 18:54

Internet & Video. Quarterly revenues amounted to Ps. 274 million, compared to Ps. 205 million in the same period in 2012, a 34% or Ps. 69 million increase driven by the new video or pay-TV service and the increase in mass-market, or, "on-demand" internet services revenues, which increased 20% year-over-year. During the twelve month period ended on September 30, 2013, internet and video services revenues totaled Ps. 978 million from Ps. 735 million registered in 2012, an increase of Ps. 242 million, or 33%.

Video subscribers. Axtel launched its pay-television service, AXTEL TV, on January 30th, 2013, and as of September 30, 2013, video subscribers reached 47 thousand. Video subscribers totaled 31 thousand at the beginning of this quarter.

[noli] 05/12/2013 18:48

Comment from rns in Feb 2013 Axtel subscribers above

Under mirada's agreement with Ericsson, in addition to the set-up fees already received, mirada will earn licence fees dependent on the number of subscribers signing up to the service plus annual support and maintenance fees from the date of launch of the service.

Jenaro Martínez, AXTEL TV Director, commented:

"The launch of AXTEL TV marks AXTEL´s first steps in the Pay TV market, and we are confident that with our investment in mirada´s novel hybrid services, AXTEL will quickly become one of the leaders of the Mexican digital television market. Our customers can now access their favourite programs with an easy-to-use and intuitive user interface."

[scotty1] 05/12/2013 15:52

Yes yorgi they have managed to get their foot in the door (so to speak) with their own technology in a huge growth market see link which is also in header.




I know it was a different type of technology but I can see this being another LOQ type of share,hopefully ;))

[yorgi] 05/12/2013 14:35

I'm just looking for the moment Scotty but as yet I'm not sure of the companies full potential. I understand Webb Capital holds a fair few and rates the stock. I noticed you posted a link regarding the growth in the tablet market which should present opportunity for growth here.

[scotty1] 05/12/2013 13:14

Hi yorgi yes only about 80m shares,(roughly 80% NOT in public hands)so Not many in freefloat,8m M/C with loads of potential,got to be worth a go now the overhang as gone ;))

[yorgi] 05/12/2013 09:54

Just watching Scotty but it didn't take a very big buy for them to move the offer up.....MM's not holding many and not many waiting to sell it might appear !

[scotty1] 04/12/2013 11:37

All good news for Mira


Pay TV grows 15 % annually in Mexico
by Hernan Amaya | November 29, 2013

Pay TV services in Mexico reached 14.6 million subscribers at the end of the third quarter, according to the latest report from Ifetel , reflecting 15.4 % growth over the same period last year.

"The growing adoption of pay TV are in Mexican households , has become one of the main drivers of growth in the telecommunications sector " , said since high school.

The third quarter report also indicates that the Cable TV increased by 17.8 % over the previous quarter and totaled 6.9 million subscribers. Similarly , satellite TV is still the favorite of Mexicans, as it has 7.5 million users ( 13.9% quarterly growth ) . Meanwhile, MMDS continues to fall and is now just 140,000 subscribers.

" The cable TV companies have supported the positive growth trend in offers double and triple -play " explained Ifetel to relate the remarkable progress of the cable with packing services

[scotty1] 03/12/2013 09:08

Starting to look a bit chirpy now the overhang as gone ;))could run up quite quickly now.

[s34icknote] 02/12/2013 22:06

Buying at 10 p

[callumross] 29/11/2013 14:26

Overhang now cleared with that 25k buy. Just await positive results and contract news, hopefully, and back above previous highs.

[davidlloyd] 25/11/2013 13:21

Might that not be just a roll over?

DL

[rambutan2] 25/11/2013 11:01

2m trade/overhang gone through - sold at 9p, bought at 9.018p. Hopefully not much more left from the placing.

[s34icknote] 25/11/2013 09:48

Looks like 9 p held and a slow recovery in progress

[rambutan2] 21/11/2013 01:16

mms seem determined not to let the bid slip below 9p. Although can buy well within the offer.

[s34icknote] 19/11/2013 20:56

Long time to go yet
The fun will start after the trial
Confident this will roll out

Hope mos do same

[scotty1] 18/11/2013 16:23

I know of a couple of players who were in it for an quick turn rambutan2.Once they are out of the way we should move higher.Wish i'd took the £25ks worth
I was offered at the knock down price but I didn't and that's another story.

Edit
Mira will have it's day,and it come sooner rather than later ;))

[rambutan2] 18/11/2013 11:18

Not much profit margin left now!

Wonder how many shares went to traders vs went to investors? Hopefully the bulk went to the latter.

[scotty1] 18/11/2013 08:28

I would expect buying to pick up as we draw near to interims due end of Nov or Beginning of Dec.Should have given all the spivs who took part in the placing time to have flipped their shares for a quick profit.

[scotty1] 15/11/2013 11:51

Now whats that's old saying from the tech boom of 1999/2000,oh yeah got it now,
FILL YA BOOTS ;))

[scotty1] 14/11/2013 17:07

Mirada receives strong backing for growth plans

By John Harrington

November 14 2013,

'The net proceeds will provide us with the necessary funds to enable mirada to increase our sales and technical teams, allowing us to take advantage of some significant commercial opportunities and achieve our targets in Latin America,' said José Luis Vazquez, CEO of mirada."The net proceeds will provide us with the necessary funds to enable mirada to increase our sales and technical teams, allowing us to take advantage of some significant commercial opportunities and achieve our targets in Latin America," said José Luis Vazquez, CEO of mirada.

Audio-visual content interaction specialist mirada (LON:MIRA) has raised £1.1mln through an over-subscribed placing to fund its growth strategy.

The shares have been placed at 8.75p, which is the same price paid last month by Chase Nominees, a 28.1% stakeholder in the company.

Mirada shares closed at 11.62p on the day before the placing was announced. As is normally the case with share issues, the share price of mirada has moved towards the placing price, and in early deals was trading at 9.85p.

The proceeds of the placing will be used to finance further growth in Latin America, maintain product investment and to fund expansion into other emerging markets.

"There are over 50 million digital TV subscribers in Latin America and the directors believe the company's new subscriber-based licence fee model will enable the company to continue to earn substantial revenues post the launch of a customer's digital TV service," the company told investors.

Mirada currently has four contracts generating subscriber-based fees, and with the revenues being generated at no material cost to the company, the margin on such subscriber-based fees is almost 100%.

Only last week, the company sealed a contract worth US$1.4mln to launch its Iris platform with a Latin American TV operator in a paid-for trial, and the company is pursuing a number of major opportunities.

The focus on the paid-for trial means that first half revenues in the current financial year will be slightly down year-on-year, but the company noted that if the trial is successful, it should lead to major commercial launch in the first half of the next financial year and a step-change in group revenues.

"I am very pleased with the level of interest shown in the placing. We have a very able and experienced management team, who are fully focused on a set of objectives which should transform the company over the next 12 months," said Javier Casanueva, chairman of mirada.

[scotty1] 14/11/2013 16:11

borsya
14 Nov'13 - 15:57 - 160 of 162 0 0


"Oversubscribed" at 40% discount to share price . What does it tell you ???

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Basically that you are the number 1 troll of the bbs