Stockcube Share Discussion Threads

[philjeans] 31/8/2006 20:40

I like this share 'cos it sells information.

Once the research has been done they can sell it as many times as they like. After salaries and some IT, all the extra sales income fall straight down to the bottom line. Boost subscribers; reap earnings.

No risk - cash in the balance sheet of 44p. Good second half will see earnings well up again and a dividend as well.

Still cheap.

[ponty] 31/8/2006 15:15

know up 26% what a day

[ponty] 31/8/2006 15:15

know up 26% what a day

[philjeans] 31/8/2006 15:05

Results will be analysed by the papers and brokers today and published tomorrow.

No worries there then!

If we get some serious buying, after an IC or Shares tip, we'll see some real pace.

Hang on tight for a MM shakeout - they'll be short of stock soon!

[ponty] 31/8/2006 14:51

20% at last, what next

[ponty] 31/8/2006 14:30

looking good at last up 16.5% so far
i see my 10000 buy this morning showing as a sell

[philjeans] 31/8/2006 14:17

Heading for a breakout - these were well over £1 two years ago and this is the first uplift we've seen since.

Fundamentals are strong and with momentum, we'll easily get there again.

Free cash equivalent to 44p per share!

[hugepants] 31/8/2006 12:00

I recall reading an article on StockCube last year that said revenue increases should largely fall through to the bottom line. And if you look at the results thats exactly whats happened. The increase in operating profit almost matches the revenue increase. Makes sense ie. fixed cost to produce the research means an increase in subscriber numbers is largely profit.

[ponty] 31/8/2006 11:59

at last share price going the right way,long time holder with heavy losses

[lightwell] 31/8/2006 10:33

I called this one right. Share mags will pick up on this soon

[orinocor] 31/8/2006 08:48

at last ive finally picked a share thats going to go the right way
kerr-ching!

[hugepants] 31/8/2006 08:30

Dont disagree! Looks excellent.

[philjeans] 31/8/2006 08:26

Superb results this morning with profits up 296%!

Second half looks equally promising for another record half.

Cash now underpins share price of 44p! Leaving enterprise value of just 4p - unreal!

[orinocor] 16/8/2006 11:57

41 pence to buy this stock this morning. A very good deal for someone

[brwo349] 11/8/2006 08:59

Bought on Tuesday buying into the argument that monies in bank covers the company's market cap. However I noticed yesterday the price is still weak as buyers acquiring at a modest premium to the mid price. So I wonder if price is going to weaken further offering a better chance to buy.

[orinocor] 09/8/2006 13:28

An interesting article jim that fills in a few holes

[jim_black] 09/8/2006 09:30

whoops forgot the link

[jim_black] 09/8/2006 09:28

Agreed O. I found an article on Stockcube last night. Its from last year but still a good read. rgd


With independent research getting a leg-up from the regulators on both sides of the Atlantic, AIM-listed Stockcube looks to be in the right place at the right time.

Stockcube stands out as the only listed independent technical analysis research venture in Europe. The business is now firmly in profit and new high margin services are being added to the mix.

But if all that sounds a touch esoteric, it is worth noting that Stockcube has a pile of cash equivalent to about three-quarters of its £5 million market capitalisation. Net of the cash, the business itself is valued at just £1.45 million.

Stockcube publishes research on bonds, commodities, currencies, equity trends and technical data, all of which assist with the timing of investment decisions. The company sells its material to fund managers as well as to the wider market.

'We are technical analysts, we don't manage money,' explains executive director Rusty Ashman, responsible for business development. 'We draw our revenues from institutional investors and from subscriptions from private clients. Two-thirds of our income comes from institutional customers, the remainder from wider market subscriptions,' he adds.

'Typically, the institutions pay us between £25,000 and £30,000 a year, although individuals will pay much less.'

Currently building its reputation in the UK and USA, Stockcube publishes the bulk of its research over the web through stockcuberesearch.com and there are e-mail reports and regular consultations with analysts available.

Stockcube boasts fullermoney.com, which is the highly regarded global review and investment strategy service of veteran chartist David Fuller, and also offers chart seminars and bespoke training programmes for its institutional customers.

Now cash positive, Stockcube is sitting on a bumper £3.8 million bank balance, a hang-over from the money it raised 'rather opportunistically' back in 2000. Rather than risk a value-destroying deal, management intends to focus on organic growth and joint ventures. 'For us, the cash provides security when we are negotiating with institutions, because they know we are going to be around,' says Ashman.

Last September, Stockcube's half-time figures revealed nine per cent sales growth to £1.26 million and an increase in profit before tax from £34,000 to £82,000. That translated into earnings per share of 0.06p.

Fortunes were also buoyed by recent moves from the Financial Services Authority to place independent research on a level playing field with in-house broker research. 'We congratulate the FSA for delivering a victory for the investing public and the UK fund management industry,' founder and chief executive Julian Burney said recently.

Ashman is similarly bullish about the change, which will ensure investment managers buy more independent research. 'It has taken quite a cloud away from the business going forward'.

When the 2004 figures are unveiled next month, recently appointed broker Corporate Synergy predicts adjusted profits of £200,000 on sales of £2.6 million. The current year, however, could see profits more than double – to around £470,000, says the broker.

That leaves Stockcube selling for 15.4 times anticipated current-year earnings. But strip out the cash and the multiple falls to about 4.3. With scope for premium margins on incremental sales, Stockcube has a lot going for it.

[orinocor] 08/8/2006 11:37

I just got 5,000 at 42p which was a surprise. Im encouraged by the two trading updates this year

2006 has started well and management is confident that the year will see a further advance in the business.

That was a trading update on 26 January. Then with the results in late April -

The current year has started well as we expand our institutional and subscriber customer bases. At this stage we have every confidence that 2006 will show another year of significant improvement.

I then checked back last year to see what they were forecasting. In last years results they said -

The current year has started well and we are confident of developing further our institutional and subscriber customer base.

Well profits about doubled last year. I think this will be an even better year. Its too soon to say this is a growth stock but theres every reason to think it will be.
best

[philjeans] 07/8/2006 15:25

Good - I'll buy some more

[sunworshipper] 07/8/2006 15:03

no its going down