We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Stock Type |
---|---|---|---|
Mkm Group | MKM | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
---|---|---|---|---|
0.75 |
Top Posts |
---|
Posted at 02/7/2009 07:17 by sagem Director buying,.....must have confidence...news on its wayMKM Group restructures Australian business company news image Marketing Services group MKM Group PLC (AIM: MKM) said it is restructuring its Australian business, with all operations in the country trading through its wholly-owned unit Salad Marketing Pty Ltd while its other subsidiaries will cease to trade with immediate effect. "This restructuring will seek to try and protect the majority of the group's Australian obligations and its employees. The restructuring will lead to lower levels of turnover within Australia but will also reduce the need for further support to be provided from the group," it said. Trading in the UK has continued the upward trend and MKM expects to report growth in UK turnover for the second half of its financial year of approximately 15 percent versus the same period a year earlier. In particular, the reaction from current and potential clients to the Airport Angel product has been very strong and Airport Angel, coupled with current new product development, could represent a strong platform for future sustainable profitable growt A...L...S...O A fundamental review of the Australian business has been completed and a significant restructuring has been agreed by the board. The Australian operations will now trade through Salad Marketing Pty Ltd as a wholly owned Group subsidiary and the remaining Australian businesses have ceased trading. This restructure is seeking to protect the majority of the Group's Australian obligations and its employees. Although the restructure will reduce the level of Australian turnover within the Group, it will also reduce any further Australian need for support from the Group. The UK operations of the Group are expected to show an increase in revenue of 15% for the final 6 months of the financial year compared to the same period a year ago based upon positive reactions from current and potential clients to the Airport Angel product. This demonstrates our stated focus of continuing to secure long-term annuity accounts which are typically contracted for 3 to 4 years while continuing to develop our heritage product of short-term tactical promotions. We remain committed to the Group's growth strategy and are cautiously optimistic about the longerterm prospects for the Group. //////////////////// WELL THIS ALL SOUNDS VERY GOOD |
Posted at 29/1/2008 11:15 by hugo1815 i cant even buy online. why not? any amounts? surely that puts off potential investors, do you think mkm management even know this?? |
Posted at 29/11/2007 20:24 by mudbath As mentioned before, MKM is the ultimate "Catch 22",as regards the deferred £5.12million.Already |
Posted at 09/10/2007 15:32 by dasv and a 20.93% rise. Lurvely. I hope this will put MKM more on people's radar as a real value stock with excellent growth potential. |
Posted at 09/10/2007 14:51 by pre Acquisition is a good strategic fit for MKM...the story gets better:-) |
Posted at 08/9/2007 11:56 by mudbath Looking at the terms for acquiring Leapfrog-If for some reason MKM shares were at a low ebb (say4p) next June...because of say a general market collapse...then the amount of shares that would have to be issued -to satisfy the deferred consideration(if applicable)would result in a SEVERE dilution of our+++of course UK directors, holdings.Even at the agreed level of 10p then 50million new shares will result in a dilution of around 61%.Again -broad brush-potential annual profits of ..say..£1.5million would produce an eps figure of circa 1.25pence (based on the enlarged equity)giving a p/e of around 11 at todays price.MKM looks -and could well be-exciting..but their is a good chunk of risk involved.Any comments??What are the criteria for triggering the D.C.? |
Posted at 04/9/2007 08:09 by pre For those who missed the earlier posts:zabbadan - 3 Sep'07 - 09:38 - 540 of 550 Buy MKM at 9.75p Uk Analyst A Tip from the AIM and Plus Newsletter AIM traded MKM is a company that is still judged by an unfortunate error of judgement. But the past is very much behind it now and this is a company that has turned a corner, is back trading very profitably, growing its bottom line and boasts a strong balance sheet. With a major acquisition under its belt, MKM is moving into a new phase in its developments. With a blue chip customer base, this is a business with quality earnings, trading on a historic low single digit multiple. Established in 1989, the company has built a leading presence in its chosen field of promotional programmes, boasting the blue chips such as HSBC, Littlewoods and Tesco among its clients. MKM's programmes are divided into two categories, focussing on tactical, promotional, loyalty and partnership schemes. Tactical and promotional work tends to be shorter term efforts, while loyalty and partnership schemes revolve around the building of a client's brand and specific products. The company is unfortunately best known for a complete wreck of a promotion that it organised for the Express Newspapers group several years ago. Via its Rise Travel subsidiary, it promised a Caribbean cruise for just £10. MKM not only massively underestimated the demand for the offer, but it then failed to respond appropriately to the hoards of applications. Because of the terribly managed promotion, punters ended up forking out far more than they had expected. The debacle saw MKM report substantial losses, with the group essentially being bailed out by the Express Newspaper group. The recent acquisition of Australian based Leapfrog has marked a further significant milestone in the company's history. The business provides a similar mix of promotional programmes as MKM, based on long and short term promotions, but Leapfrog has a greater experience of the loyalty space. Revenues are split evenly between one offs and longer term loyalty programmes. Current client projects include an air miles based loyalty scheme for Lufthansa, which Leapfrog intends to extend into several Asian countries over the coming 18 months. And so, in the current year to 31st March 2008, the group is likely to see a massive ramp up in revenues to £12.2 million, up from £3.89 million last year. Pre-tax profits of £1.58 million, equating to earnings of 2.2p should be comfortably achieved in the current period, climbing to earnings of 2.6p next year. With the shares trading at just 9.75p, the 4.4 times multiple falls to 3.75 times March 2009 earnings. The rating is far too low - buy. The award winning AIM and PLUS newsletter serves up three new hot tips a month plus real time tip updates. It costs as little as £90 a month to access this remarkable publication. For more details, click HERE. asp1 - 3 Sep'07 - 10:00 - 541 of 550 pe of 4.4 falling to 3.75 - this is way too low for a co on a strong projected growth! conservative sector avg is circa 20 putting share price target at 50p - most definitely a BUY. |
Posted at 03/9/2007 08:38 by zabbadan Buy MKM at 9.75pUk Analyst A Tip from the AIM and Plus Newsletter AIM traded MKM is a company that is still judged by an unfortunate error of judgement. But the past is very much behind it now and this is a company that has turned a corner, is back trading very profitably, growing its bottom line and boasts a strong balance sheet. With a major acquisition under its belt, MKM is moving into a new phase in its developments. With a blue chip customer base, this is a business with quality earnings, trading on a historic low single digit multiple. Established in 1989, the company has built a leading presence in its chosen field of promotional programmes, boasting the blue chips such as HSBC, Littlewoods and Tesco among its clients. MKM's programmes are divided into two categories, focussing on tactical, promotional, loyalty and partnership schemes. Tactical and promotional work tends to be shorter term efforts, while loyalty and partnership schemes revolve around the building of a client's brand and specific products. The company is unfortunately best known for a complete wreck of a promotion that it organised for the Express Newspapers group several years ago. Via its Rise Travel subsidiary, it promised a Caribbean cruise for just £10. MKM not only massively underestimated the demand for the offer, but it then failed to respond appropriately to the hoards of applications. Because of the terribly managed promotion, punters ended up forking out far more than they had expected. The debacle saw MKM report substantial losses, with the group essentially being bailed out by the Express Newspaper group. The recent acquisition of Australian based Leapfrog has marked a further significant milestone in the company's history. The business provides a similar mix of promotional programmes as MKM, based on long and short term promotions, but Leapfrog has a greater experience of the loyalty space. Revenues are split evenly between one offs and longer term loyalty programmes. Current client projects include an air miles based loyalty scheme for Lufthansa, which Leapfrog intends to extend into several Asian countries over the coming 18 months. And so, in the current year to 31st March 2008, the group is likely to see a massive ramp up in revenues to £12.2 million, up from £3.89 million last year. Pre-tax profits of £1.58 million, equating to earnings of 2.2p should be comfortably achieved in the current period, climbing to earnings of 2.6p next year. With the shares trading at just 9.75p, the 4.4 times multiple falls to 3.75 times March 2009 earnings. The rating is far too low - buy. The award winning AIM and PLUS newsletter serves up three new hot tips a month plus real time tip updates. It costs as little as £90 a month to access this remarkable publication. For more details, click HERE. |
Posted at 09/8/2007 10:18 by asp1 Thanks dean, see your point for 'fwd' pe.Done sums showing sector pe avge of 30! - so target for MKM (expanding co) is 6x or 60p - not bad eh..... |
Posted at 08/8/2007 19:30 by deanroberthunt ok let me do some quick figs, acquisition did 1.8 AUD op profit in first seven months, so lets say 3.1 for FY = £1.3m FY op profit....so combined with MKM we could be looking at £2m op. profit......i've assumed £1.5 pbt, gives fwd pe=4.6...#asp, I now concur this looks v.promising. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions