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[tole] 31/8/2006 12:14

Yes - now that little shake is over it can start its climb back to the 220's

All moving up today on L2 1v2 202-210

[jakleeds] 31/8/2006 09:57

Back over 2 quid and looking good. :-)

[diogenesj] 30/8/2006 14:00

Got 3,000 at 198.32p. Didn't have the cash for 25k.

[wjccghcc] 30/8/2006 11:55

Got 1000 at 192p. Didn't have the cojones for 25k!!

[tole] 30/8/2006 11:09

Yes someone agrees with 25k @ 190.5 earlier.

[jakleeds] 30/8/2006 09:20

Indeed, didn't think we'd ever see sub 2 quid again, got to be cheap at these levels

[tole] 30/8/2006 09:18

No problem - still moving up - well just changed 3v3

Still plenty to go for based on canaccord's target of 271p.

Especially with RNOW trading at a discount to its peers - and as pointed out in the last results it stated that second half trading had started strongly.

[jakleeds] 30/8/2006 09:06

Thanks Tole

Back in for 2500 on a t20 - just couldn't resist.

[tole] 30/8/2006 09:00

Starting to bounce from its oversold position yesterday.
L2 2v1 188-193
Sell 10k @ 189.5, Buy 3,750 @ 192

[wjccghcc] 29/8/2006 15:54

True, but trading statement around the second week in November (at least it was last year).

[chiva20] 29/8/2006 15:46

Thanks chaps, doesn't bode well then. Lets hope the support around £1.80 holds

[jakleeds] 29/8/2006 15:41

WJ,

Year end is Oct, but results in Jan I believe

[wjccghcc] 29/8/2006 15:37

Don't think so. Only 12000 shares traded - it's just one of those stocks which the MMs hate to hold and so they drop the price on a 2k sale. I'm with jak and view it as a buying opp but historically, it does tend to drift/flatline until a week or so before the results. One to revisit end October unless the drift gets really silly IMHO.

[chiva20] 29/8/2006 15:13

Can anyone explain why it's dropped so much? Must be more than low investor profile surely?

[jakleeds] 29/8/2006 15:04

Flamin 'eck, one hell of a fall here today, could be a good buying opp, but if history is any guide there's no point in buying until a few weeks before the results

[wjccghcc] 28/8/2006 11:40

Did the same before the last results which beat expectations. I think RNOW is one of those companies that tend to drift between newsflow because of their low investor profile. Does allow good opportunities to buy since they're much cheaper than YOU and also less risky IMHO given YOU's exposure to the Middle East.

[melody9999] 27/8/2006 23:40

any ideas on the slide ?? seems strange when others in the sector performing strongly eg you and tol

[tole] 24/7/2006 13:51

Trendwatch tip also re-posted as the free uk-analyst sunday tip...
L2 3v3 217-227

[jakleeds] 24/7/2006 13:30

Some largeish trades today, and now approaching its all-time highs.

:-)

[chiva20] 21/7/2006 08:53

Tipped in Trendwatch

[chiva20] 04/7/2006 12:39

Amazed at the lack of interest RNOW. Good opportunity to add before this gets the attention it should get in the next few months. Why on earth would people sell now? Just posted fantastic results, indicative of future record profits .. baffling.

[melody9999] 30/6/2006 00:17

Amazed that the YOUGOV statement did not have more impact here. This is a real big growth sector - based on the fact business is now making money from the Internet rather than the hype of 2000. I'm in here and believe the growth story will unfold over time and that this will attract more interest. OTO has certainly been in demand.

And now another good set of results from the sector:

30 June 2006

THEMUTUAL.NET PLC (the "Company")

PRELIMINARY RESULTS

themutual.net announces Preliminary Results for the year ended 30 April 2006.

Highlights:

* Turnover trebles from £3m to £9m

* Operating Profit before tax more than double, from £733,000 to £1.70m

* Exceptional Profit on sale of investment of £439,000

* After tax profits more than trebles from £489,000 to £1.54m

* Earnings per share nearly trebled, from 1.2p to 3.5p

* Cash in Bank £1.2m having spent £2.5m on acquisitions

Mark Smith, CEO said: "TMN's strong performance supports the fact that online
spend is growing rapidly but more importantly that we've adopted the right
strategy to capitalise on this growth. The success of our recent acquisitions,
integration and the recruitment of senior personnel have put us in the best
position to take advantage of the interest in marketing, research and retail
online. With a significant investment in marketing our products, a client list
which includes some of the most well-known brands in the UK and a strategic
focus on increasing our products and services, we look forward to the future
with confidence."

[jakleeds] 26/6/2006 12:36

Cracking trading statement by Yougov this morning, online market research is booming!

[wjccghcc] 22/6/2006 08:57

Yup. Results look excellent even if you strip out the tax credit.

On a half by half basis (I doubt it's a seasonal business except perhaps for around Christmas), revenue growth is running at 48% (and I reckon H2 2005 was boosted by a large low margin contract), PBT up 102% and EPS up 91%. They've turned cash positive and continue to reduce their concentration on their ten largest clients.

Cashflow bigger than operating profit is also a good sign meaning they can fund their rapid expansion very well. They are positioning themselves to be the market leader in Europe being able to provide pan-European and localised research to any multinational or local client.

In H2, the newly opened regional offices should start pulling their weight although there will be further investment in staff numbers. Also exposure to lumpy contracts is reducing with tracking research revenues (effectively recurring) now up to 24%.

Not sure whether the forecasts of 10p assumed any tax credit - I'd say not since otherwise they've smashed them already, so they'd need to make 5.8p in H2 to meet forecasts. That's EPS growth of only 38% half on half which seems likely to be beaten after 91% growth in H1.

Works for me.

[jakleeds] 22/6/2006 08:25

Morning all, very quiet here, given the excellent results. They've certainly answered your question WJ:-

"The rapid pace of growth in our European coverage has not distracted us from
the task of achieving excellent financial results. While we now have a presence
in 19 countries; nearly 900,000 panellists; and offices in 8 major cities, this
progress is firmly underpinned by dynamic cash generation and profit growth."