Mirada Share Discussion Threads

[battlebus2] 10/2/2014 16:24

Had a good look at these over the weekend after a colleague pointed them out and liked what i see so bought a few today and ticked these up. Looking at the growth that should follow over the next 2/3 years we should be sitting of a share price of 25p so a lot of upside to come imv. That explains what happened the conversions.

[rambutan2] 07/2/2014 09:57

For the record, the new shareholder...

[callumross] 07/2/2014 07:34

Yes, conversion of secured loans for unsecured equity, and at above market price certainly shows confidence by these shareholders as to where they think the share price is heading in the coming years.

[noli] 07/2/2014 07:09

The conversion shows great support for Mirada, one more batch for the £100k. Interestingly Napora and Infoglobal S.A. hold 18+%, they must be very confident or could they make a bid for Mirada once things move on.

[noli] 04/2/2014 08:58

In LA Mirada get paid via via USD, so Argentina is not a problem.

[el1te] 02/2/2014 15:48

Luckily not really dodge. Main target markets seem to be Mexico and Brazil. The Mexican economy is far better than Argentina, and the Brazilian one isn't declining particularly rapidly so should be able to outpace that. Axtel and Cablecom are Mexican, and GVT is Brazilian. Also planning a smaller scale deployment in Honduras etc.

Moreover, for H1 2013, 32% of revenues were derived from the UK, Spain and Continental Europe

So luckily, Mirada aren't really affected by the Peso collapse as it stands.

Good point to raise though

El1te

[noli] 02/2/2014 15:20

Its very early days here yet, they are concentrating on LA but it could take a number of years before revenues start rolling in so things will improve with the peso.

[dodge city] 02/2/2014 15:10

If this company is trading in Argentina, it's in big trouble.

[noli] 02/2/2014 14:46

Network Subscription Revenue increased by 6.2%. During the quarter, Televisa
continued to produce and transmit several of the leading pay-TV networks in
Mexico in key categories, including general entertainment, music and lifestyle, and movies.

However the 3rd qtr numbers was down to 6.2%

[noli] 02/2/2014 14:39

Televisa numbers SECOND-QUARTER 2013 RESULTS, worth a look through at the RGU's.

Second-quarter Network Subscription Revenue increased by 9.5% to Ps.881.7 million compared with Ps.805.4 million in second-quarter 2012. The growth was driven mainly by the sustained addition of pay-TV subscribers, mostly in Mexico. During the quarter, Televisa continued to produce and transmit many of the leading pay-TV networks in Mexico in key categories, including general entertainment, music and lifestyle, and movies.

[noli] 01/2/2014 18:15

This is from 8 March 2012.

Vivendi chief financial officer Philippe Capron says he expects the group's Brazilian asset Global Village Telecom (GVT) to expand its revenues by 35% this year. The telco, which provides fixed and broadband services in Brazil, booked full year revenue of EUR1.446 billion (USD1.943 billion) in FY2011, up 40.5% when compared to 2010. Broadband internet service revenues increased by 57.7% year-on-year, and voice service revenues climbed 34.2%, driven by GVT's ongoing network expansion campaign and strong growth in its subscriber base. The cableco expanded its coverage to 22 additional cities during 2011 and now operates in 119 cities, helping boost its total RGU customer base to 6.326 million lines in service (LIS), up 49.5% y-o-y. Broadband subscribers reached 1.530 million at the end of December 2011, up from 1.095 million a year earlier, a market share of 9.8%.

In a conference call to investors, Capron said he expected GVT's EBITDA margin to grow to approximately 40%, despite costs related to the ongoing rollout of its pay-TV operation this year. The operator launched pay-TV services in late-2011, and BNamericas quotes Vivendi's chairman and CEO Jean-Bernard Levy as saying that 'after two months, we already have 80,000 subscribers'. GVT intends to invest EUR1 billion in 2012 to take advantage of the window of opportunity. 'This will be a growth driver for us, which will be added to existing businesses for us in the internet segment in Brazil,' Levy added. GVT offers pay-TV through a hybrid IP and DTH technology platform.



From Mirada's results 10 Dec 2013.

At the period end we had four digital TV services from which licence fees are
generated, compared to three services at the end of the last financial year.
Our largest customer continues to be GVT, the Brazilian telecommunications
operator owned by the Vivendi group. GVT now has two fully operational digital
TV services utilising mirada's technology; an IPTV service, which was launched
in November 2011 (a deal which was secured through our partnership agreement
with Ericsson), and a new satellite television service which was launched in
mid August 2013. The new satellite service is experiencing considerable growth.
Although it has only just launched, we expect that, due to the nature of the
Brazilian market, the take-up of the satellite television service will be
substantial, as GVT will be able to deploy this service over large areas of
Brazil, which are currently out of the reach of their IPTV service.

Extract from above:

The operator launched pay-TV services in late-2011, and BNamericas quotes Vivendi's chairman and CEO Jean-Bernard Levy as saying that 'after two months, we already have 80,000 subscribers'

===========================================

Now this from 9 Sept 2013


GVT wants 100 thousand clients in Sao Paulo for 2014
by NexTV Latam | September 9, 2013

The Brazilian company GVT, that recently launched triple play for the residential sector of Sao Paulo, expects to reach 100 thousand clients in that city for 2014. The company began a gradual strategy in the capital of Sao Paulo but will be more aggressive in the coming year. "Our plan is to have 240 thousand users in 2015″, the CEO of GVT, Paulo Teixeira, commented.

"Almost 50% of our new clients are for triple play services", the executive explained about the plan that sells starting from USD 78.6. In the Pay-TV service, the package that stands out is the Ultimate HD (USD 56.7), with 82 channels, 21 in HD, since according to Teixeira "it is having a higher demand in Sao Paulo in comparison to the average of GVT in the country".

The company's President, Amos Genish, revealed that he plans to invest close to USD 173.5 million in Sao Paulo in 2015 and expects to conquer 30% of the market in the coverage area, which at the moment is in the neighborhoods of Santana, Santo Amaro and Tatuapé, but it will represent 35% of the city in 2015.

"If the demand in Sao Paulo is high, we will speed up investment to cover 80% of the city, something that will only be possible in eight years", concluded Genish.


Thats some decent growth in just one area.

[noli] 31/1/2014 19:55

Mirada Jobs, things must be moving on.







Interesting retweet from Jose, re telefonica.



Does anyone understand the image.

[noli] 30/1/2014 15:52

It looks like someone wanted 200k shares, Mira i believe are working on some deals so we might just get some news once signed up.

[callumross] 30/1/2014 15:41

Interesting. A 1 hour delayed buy at 9.25p just reported followed by a 75k buy. Hopefully a sign of imminent news.

[noli] 28/1/2014 19:27

I am looking forward to see how this company pans out, its not instant profits but the next update should give us some decent numbers as chrismas is a good time for pay tv.

[looby loo] 28/1/2014 19:24

Okay noli, I've already registered, so might see you there. :-)

The other company, Accesso Technology has a large following of very savvy investors from Motley Fool, who also attend the Proactive Investor events. Some of the guys already own Mirada. So maybe José Vázquez might persuade a few more of them to come on board .... Anyway, should be an interesting evening.

[noli] 28/1/2014 18:47

Cheers Looby Loo, i might pop around to that one if i can make it.

[looby loo] 28/1/2014 18:07

Noli, This could be one of the "investor events" that you refer to?

-------------------------------------------------------------------------------------

The directors of Accesso Technology group (AIM: ACSO) and Mirada Plc (AIM: MIRA) will be presenting:

Thursday the 3rd April 2014, Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB

Two companies still to be confirmed.

www.proactiveinvestors.co.uk/register/event_details/223

[noli] 22/1/2014 13:40

There will have a couple of investor events in Spring, so not long to wait. It doesn't take much for this to move.

[cottoner] 22/1/2014 13:19

Ticked up on a few buys.

As per interim results in Dec, hopefully there should soon be some news of the 'significant opportunities which we currently have in the pipeline.'

[noli] 18/1/2014 12:32

mirada is participating in AndinaLink 2014 in Cartagena, Colombia 25-27th February.

[noli] 18/1/2014 11:33

Costa Rica ends 2012 with 5.5 million active mobile lines
Sunday 1 December 2013 | 23:59 CET | News


Costa Rica ended 2012 with 5.5 million active mobile voice telephony lines, representing a 13 percent growth since the end of the third quarter of 2011, when new mobile telephony operators started up on the local market, according to a statistical report for the period 2010-2012 by regulator Sutel. Two years since the opening of the mobile market in Costa Rica, the number of pre-paid terminals had grown from 1.5 million in the fourth quarter of 2010 to 4.2 million in the final quarter of 2012, said Sutel.

The number of post-paid connections dropped by 471,000 to 1.1 million in the last quarter of 2012 from 1.6 million at the end of 2010. The mobile penetration rate grew from 69 percent in 2010 to 116 percent.

ICE was the mobile market leader with 79 percent of the total, followed by Claro (9%), Movistar (7%), Tuyo Movil (3%) and Full Movil (2%). The number of active fixed telephony lines reached 976,824, down by 8 percent on 2011, and representing a 21 percent penetration rate. The VoIP service showed a 959 percent growth in the year, reaching a total of 18,144 subscriptions at the end of 2012, of which Tigo had 78 percent of the total.

During the period under analysis, internet subscriptions increased by 114 percent to 1,369,132. Out of the total, fixed internet accounted for 456,392 subscriptions, while mobile internet accounted for 912,740. ICE had 55 percent of the fixed internet subscriptions, followed by Tigo (23%) and Cabletica (13%). In the mobile internet segment, ICE had 42 percent, followed by Claro (33%) and Telefonica (22%).

At the end of 2012 there were 438,417 subscribers to pay-TV services, a 16 percent growth on 2010. Tigo had 42 percent of the total, followed by Cabletica (33%) and Cable Vision CR (7%).





So Tigo had 42 percent of the total of 438,417 pay tv subscribers, the total population of CR - Population 4,695,942 (July 2013 est.)

Population
El Salvador 6 million
Guatemala 14 million
Honduras 8 million
Costa Rica 4.5 million

So the Millicom/Tigo deal has a population of 32/33 million, not a bad start and a small deal in the scheme of things. The rollout starts now, i.e Q1 2014.

[noli] 16/1/2014 18:07

A nice read, its 2012 but it gives a good idea of the volumes in latin america, if Mira have signed any of the above then revenues are gonna fly.

[noli] 12/1/2014 17:52

Worth a look through for pay tv/iptv growth in latin america.