Stenprop Share Discussion Threads

[martin44] 16/2/2010 22:37

More to come I feel so cementing the success's already won and culminating in a comprehensive UK Telco business....

[martin44] 12/2/2010 23:51

Profiting - a friend of mine has worked at MoboTel for a few years and yes it is well run and in fact all it needed was a fixed line business to beef it up this has now been done with the acquisition by Spiritel. The business will benefit both ways!

[tara7] 12/2/2010 07:38

Yes, you can get plus trades from plus dite as well, [15 m. delay]

[profiting] 11/2/2010 23:16

Tara, No I don't have level 2 but I thought you could get Plus Trades via a website.

Martin do you know MoboTel or just taking your view from the RNS?

Really happy to hold these and have been for about two years but need them up to a pound which I think is easily achieveable given recent events and improved earnings visibility along with sound funding.These must get re-rated soon.

[martin44] 11/2/2010 22:29

Been out all day but MoboTel is a very well run company and has high ARPU and the perfect fit for Spiritel both with its vertical markets but also the corporate nature of the business, in one word 'Perfect'!

Well said Tara all self funding and the opportunity to carry on the Spiritel motto of cross selling, all important!

[tara7] 11/2/2010 13:59

Yes, and top young guy in charge, who is working very hard indeed to produce results.

[longshanks] 11/2/2010 13:56

Could rise v. quickly to £1+ on the next trading statement.

Currently there is not enough interest from the market - but once they show the £££ coming in that will change.

Bread and butter business potential this once they get economies of scale right - in the same league as other utilities - and will attract income funds by the bucket load.

[tara7] 11/2/2010 12:44

Looks like STP are about to step up a gear, best time to buy is now, as old timers can get out for a bit of cash. This company is growing fast and as a few in the city jump on board the stock price should rise.

[jc1619] 11/2/2010 12:32

I know your right Tara,as long as we don't go to fast, nice and steady will do me.

[tara7] 11/2/2010 10:06

Immediatley earnings enhancing, just what i like. So each new company adds a bit extra profit in its own right, then the cross selling adds more.!!

[jc1619] 11/2/2010 09:59

Expanding to fast always scares me.

[tara7] 11/2/2010 09:57

Have you got level 2.?

[profiting] 11/2/2010 09:55

How do you see trading on plus markets?

[tara7] 11/2/2010 08:12

Tenth deal now done, [all at the right price] risk is being reduced all the time, best part is the cross selling ie, you get new sales for a few quid not thousands.

[tara7] 11/2/2010 08:10

Next deal just done, growing very fast.!!

[tara7] 09/2/2010 15:46

WINS moved up the bid on 300 shares or £200.00 worth.!!

[martin44] 09/2/2010 14:41

Yes starting to track up....

[tara7] 09/2/2010 14:31

Unknown and unloved, but this is a great growth stock, just wait and see.!!

[jc1619] 09/2/2010 13:21

martin It would seem good feeling could be spot on.

[martin44] 05/2/2010 22:28

I have a good feeling more good news next week that will hopefully keep everything going in the positive direction that it is moving in.....

[oracle28] 03/2/2010 19:26

Also a new message from the CEO........

MESSAGE FROM THE CEO
As the communications market has evolved in recent years, so has SpiriTel. As businesses have been assessing the opportunities that arise from 'converged communications', SpiriTel has been focusing on developing a robust business model that offers value to both customers and investors.

It has been an incredible few years for the Group. We have restructured our business to focus on long term relationships with business customers and brought together a board and management team focused on delivering sustainable growth in this market. We have acquired and integrated eight businesses into the Group and grown our customer base and product portfolio to record levels. We now have over 2,800 SME and corporate clients, including Whitbread and BBC Worldwide.

I am particularly pleased with the progress we have made in delivering products and services based on emerging IP technologies. The VoIP hype of the last decade has left behind a number of casualties but we have built upon our strong foundations in IP based communications to deliver a new range of networking, Wi-Fi and VoIP services alongside our traditional voice and data product portfolio. We are enabling our customers to provide an improved service, reduce costs and increase business efficiencies through the adoption of these technologies. Our recent awards are testament to our standing as one of the UK's leading providers of IP based communications services for businesses.

If you are visiting our site as an investor, I hope you find a company that has delivered on its promises, having developed a robust business model with increasing earnings visibility and exciting growth opportunities. If you are here as a business customer, looking for either traditional or converged communications services, then I hope you find the products you are looking for; all of which are backed up by a focus on excellent customer service - a constant theme behind our recent successes.

Whilst remaining challenging, these are also exciting times for the communications industry, and I am confident that SpiriTel will continue to capitalise on the opportunities for growth that we are seeing and maintain our market leading position. Many thanks for visiting the website - I hope you find what you are looking for.

With kind regards



Alastair Mills, CEO

[oracle28] 03/2/2010 19:24

Things are definitely starting to move with Spiritel............

A new website and design! Forthcoming events,etc

[jc1619] 03/2/2010 12:44

well well well someone sold out ?

[martin44] 02/2/2010 21:36

oracle28 - all very positive comments and I couldn't agree more with you!
I also think with some very good Sales people at all recruited recruited from the acquisitions means the Sales aspect is really going to ramp up and this again will be reflected in 'super growth' I feel more and more positive on this one. Having said that I appreciate the somewhat lack of liquidity that may only be realised once the asset it truly built to a size of standing in the marketplace. But certainly a Strong Buy!

[oracle28] 02/2/2010 10:47

Have just been working on some figures going forward with regard to the half year results and guidance given and also taking into account the new acquisition and possibly another two to come!
Slight assumption at the end i know, but the management have only spent £5.25m of the £10m available? They may want to keep some back for performance related payouts!

Annualised Revenue is £23m and EBITDA is going to be at least £2.3m for April 2010, we were told this.
This means annualised turnover at the present time without further growth and the Boucon acquisition is £30m.

I believe Spiritel will make underlying EBITDA of £2.5m for 2010?

This equates to around £0.6m operational profit and 3.5p per share.

For 2011 turnover should be £30m for the group as of half year, plus a mere 20% organic growth and cross-selling of £6m? Could be alot more!
Plus £2m for Boucon(1/2/10) and i have allowed around £4m for new acquisitions which should be acquired by April 2010 for the start of the new financial year.
Total turnover for 2011 of £42m which equtes to around £5.5m underlying EBITDA!
This would mean op. profits of around £3.3m and eps of 18.7p.

Leaving Spiritel going forwardon a P/E of around 3.2 at the current 60p.

This share is so undrvalued at the current level. Once the profits start to roll in the £4.5m overdraft will be paid off and other debts will soon disappear. Leaving the £10m loan notes to be cashed in, but not until 2014.

I believe a strong buy. But a limited market in shares as Penta own around 80% and including all other major shareholders,leaves a free float of about 2.5m shares out of a total of 17.66m