Stockcube Share Discussion Threads

[gjb] 16/3/2007 09:19

Jupiter Undervalued Asset Fund taking an 8.74% holding just about sums it up for me.

This must be due a re-rating North soon.

[energyi] 13/3/2007 02:50

nice move up, but 75p puts a lid on it- so far

[philjeans] 09/3/2007 07:59

Nice positive trading update over on IIR; this is far cheaper, has a shedful of cash and is also going rather well it seems.

Looks attractive.

[hugepants] 09/3/2007 07:57

New research service for Sterling Fixed Income Investors

[orinocor] 15/2/2007 12:59

Certainly the trading volume has been noticeably higher the last days. And today again.

[brwo349] 14/2/2007 18:16

Well a lot of trading now and theres a 50,000 buy !

[sunworshipper] 14/2/2007 12:56

could be stakebuilding going on

[hugepants] 13/2/2007 21:34

Big trade of 63,000 trade at 68p

[philjeans] 13/2/2007 15:15

I hold IIR, having bought quite a pile last autumn at 9p.

They have since increased over 6xfold - currently 61p; seems to me that SKC has a lot of catching up to do;

IIR m/cap now £16M - SKC £6.7M

IIR T/O £0.9M - SKC £2.4M

IIR NPAT £0.022M - SKC £0.205M

IIR CASH £200K - SKC £4.2M

Whilst IIR have released a very bullish trading statement, and have the possibility of a large cash settlement with Google pending, (and fully justify the share price increase!) I just feel that Stockcube deserve a significantly higher share price in view of their own recent performance and the huge cash pile underpinning the quote.

Have bought a slug today, and will add.

dyor etc

PJ

[james 2] 12/2/2007 14:45

Thanks huge, noted April but had late March in my mind for some reason !

Cheers

[hugepants] 12/2/2007 13:27

james, No but its been April last few years

[james 2] 12/2/2007 11:11

Hugepants, any date for results ?

ta

[orinocor] 06/2/2007 08:48

One thing - its impossible really for new would be shareholders to get a worthwhile stake just now.
Watch out, MMs are milking this

[diogenesj] 05/2/2007 22:18

Hmm, well, if it behaves like Formjet, it will be a fairly typical Winnifroth tip, I suppose.

[sunworshipper] 05/2/2007 22:13

Its always nice to come in from work and see your portfolio has had a good day. Im looking for £1 from this share. much more if results keep improving

[suesean1] 05/2/2007 13:18

Here you go, from yesterday.

Buy Stockcube at 65p

A recommendation from UKMicrocap.com
As regular readers of UK-Analyst, if you are wondering why you might never have heard of www.ukMicrocap.com , it is because the site is never promoted on UK-Analyst. Launched in April 2006, UKMicrocap was established to tip microcap stocks, usually capitalised at less than 7 million pounds, for an exclusive readership of 200 people. Memberships were handed out on a first come first serve basis and over the last 10 months, we have had some stunning successes. We cannot claim 100% success on the site but our readers have benefited greatly from investments such as LO-Q and Formjet which have raced ahead. The site costs 500 pounds to access and if you wish to join the waiting list should a vacancy arrive you can register for it on the site at www.UKMicrocap.com

This tip is one that is yet to fly. We think that it will.

The Investment Case : AIM traded Stockcube is one of the world's leading providers of independent financial research. It's analytical services are used by institutional and private clients and cover all investment classes including stocks, bonds, mutual funds, currencies and commodities. The company is profitable, is growing, has piles of cash and its share price is perfectly poised to rise in the coming months. Stockcube has cash of 44.1p per share and growing, which if one takes out of the equation, leaves the shares trading on a historic enterprise value to earnings multiple of 6.1. Growth is the watch word here and for the current year to 31st December, the same multiple should come at 6, falling to 4.3 next year. Excluding the possibility for earnings enhancing acquisitions and/or a return of cash to shareholders, there is sufficient scope for the shares to double, making conservative assumptions, over an 18-month time frame.

Company Description : Stockcube is one of the world's leading providers of independent financial research. The group's analytical services have been used by institutional and private clients for over forty years and cover all investment classes including stocks, bonds, mutual funds, currencies and commodities. Stockcube brings together a broad range of analytical and technical disciplines. Its indicators and techniques are recognised as industry standard and used by investors across the globe. Indeed, the company's divisions and subsidiaries publish over 60 pieces of individual research each week. The bottom line is that Stockcube is a world leader in its chosen fields. Its clients include some of the world's largest and most sophisticated Fund Managers and Investment Banks. It also enjoys close relationships with individual investors and advisors, ranging from private clients through to senior asset allocators. Stockcube's subscription-based research is highly regarded in Europe, USA and Asia and its analysts are frequent contributors to the world's financial media.

Sponsored by IG Index
IG Index offers competitive spreads on an exceptional range of UK and international shares, indices, commodities, FX and more. Take advantage of easy-to-use online dealing, flexible margining, and Controlled Risk betting.*


Recently, Stockcube has devoted greater attention to individual client requirements in its institutional investor consultancy and analysis services where turnover showed an encouraging 18% increase over 2005. It is now poised for greater penetration of the institutional sector with a dedicated sales and marketing effort and with the clarity of regulatory changes in respect of payment for its services. The growing demand for Fullermoney, the global investment strategy service, reported during 2005 has continued apace with a 24% increase in subscription over the same period last year. Revenues increased by 26% during the period, reflecting gradual increases in unit prices. Turnover in the wider market services under the Investors Intelligence brand moved up slightly by 3% over the period absorbing the re-positioning of its services mix from individual subscriptions which fell in number by 4% to 'bloc' arrangements with institutional customers on a business to business basis. Elsewhere, Ecube has continued to provide valuable technology services to both its in-house and third party customers. Meanwhile, Sportcal continues to trade profitably and contributed £8,000 to group profits in the first six months.

Key Data

Spread: 62p-68p
Market Capitalisation: £6.4 million
Net Cash Estimate: £4.24 million (44.1p)
Ticker: SKC
Website: www.stockcube.com
Contact: CEO Julian Burney 0207 352 4001

Financials : The company's latest published results are for the six months to 30th June 2006. Turnover was up 13.8% to £1,371,000 and group operating profit increased very significantly by 296% to £194,000 from £49,000 in 2005. Profit before tax amounted to £286,000 compared to a published loss of £20,000 in 2005 and, like-for-like, increased by 120% over £130,000 reported for 2005. Earnings per share of 2.2p compared to losses of 0.6p, and certainly bode well for the full year. As of the 30th June, the group boasted cash balances of £4,242,000 up from £3,900,000 at the beginning of the year. Assets per share amounted to 46.8p of which cash represented 44.1p per share.

The forecasts are those of UKMicrocap.com and have not been approved by the company.

*This email represents the views of UK-Analyst and are not the views of IG Index. Remember that spread betting is a leveraged product and can result in losses that exceed your initial deposit. It may not be suitable for everyone, so please ensure that you fully understand the risks involved. The value of investments can go down as well as up. Investing in equities can lose you part or all of your capital. Smaller company shares can be relatively illiquid and thus hard to trade. And that makes such investments more of a high risk than larger company shares. t1ps.com is authorised and regulated by the FSA and can be contacted at 3rd Floor, Henry Thomas House, 5 - 11 Worship Street, London EC2A 2BH or 02075623370.

Year to
Sales (£ million)
Normalised Pre-Tax Profit (£,000)
Normalised Earnings Per Share (p)
PE Ratio

2005A Dec
2.42
430
3.6
18.05

2006E Dec
2.7
500
3.64
17.8

2007E Dec
3.2
700
5.1
12.74



Management: The company is headed by Chief executive Julian Burney and finance director Shirley Yeoh, both of whom have solid experience in the industry in which Stockcube operates. They are well incentivised to continue growing the business and have been the chief architects behind Stockcube's recent success, orchestrating a successful period of product development.

Bull Points

* The company sells premium product services that are in demand.

* We expect the company to be very profitable in the current year and that earnings growth will accelerate over the next 2 years.

* The company has piles of cash which could potentially be used for acquisitions or returned to shareholders

* Since undertaking a share consolidation, the stock has been catapulted out of the penny share category. This change has resulted in a change in image which has seen a steady increase in the number of new investors to the stock


Bear Points

* Possibility that company will tread water, retain cash, move sideways

Valuation and 3 Year Target : The business is very cash generative indeed, with a total of £340,000 cash coming in during the first half of 2006 In light of the first half performance, Stockcube should comfortably generate pre-tax profits of £500,000 for the year to 31st December 2006, equating to earnings of 3.64p per share on a full tax charge. For this year, pre-tax profits of £700,000 should be within comfortable reach, equating to 5.1p in earnings per share. An earnings multiple of 15 would not be excessive for a business delivering this kind of earnings growth, inferring a target price of 76.5. Adding the cash, which was 44.1p per share as of the interim period (will be nearer 45.5p by the 2006 year end and up to 50p by end of 2007) , infers an initial target price of 126.5p.

Assessment: Stockcube is a well run business whichis delivering solid revenue and earnings growth. The company has a decent management team, who have continually proven their ability to successfully develop and update the product portfolio inline with market demands. Supported by a robust balance sheet, the company operates in an attractive sector. A re-rating will be achieved as Stockcube continues to deliver on its earnings growth objectives. The company has confirmed its bullish expectations for the current year. We recommend these shares as a buy

[randsys] 05/2/2007 09:40

Just (yet) another TW tip!

[59david] 05/2/2007 08:47

Something going on here this morning - up over 15% on ????

[brwo349] 26/1/2007 12:13

iir up 300% since trad update last mnth -- still long

[dveiorv] 29/12/2006 14:03

Just out.
merry xmas all


Buy Stockcube at 67p
Says Luke Heron of WatsHot.com

Call me boring, but I like my industry. Thus an AIM quoted company with a not too dissimilar business model to that of my employer has sparked my interest. Stockcube is seriously undervalued, is growing, has piles of cash and its share price appears perfectly poised to go up. That's a good enough combination for me. On the face of it, the stock might not appear that attractive - after all, a historic PE of 14.4 is hardly a screaming buy. But growth is the watch word here kids and strip out the cash, which covers 85% of the market cap, the stock trades on an earnings multiple of just 2.8, falling to 2.2. The cash could be used for dividends, share buy backs, or most likely, acquisitions - whatever it is used for, this is a cash generative, growth business with great potential. At 67p (I first tipped this stock on Watshot.com at 51.5p), shares in Stockcube are a buy with a 12-month price target of 90p.


Sponsored by IG Index
IG Index offers competitive spreads on an exceptional range of UK and international shares, indices, commodities, FX and more. Take advantage of easy-to-use online dealing, flexible margining, and Controlled Risk betting.*

Overview

Stockcube is one of the world's leading providers of independent financial research. The group's analytical services have been used by institutional and private clients for over forty years and cover all investment classes including stocks, bonds, mutual funds, currencies and commodities. Stockcube brings together a broad range of analytical and technical disciplines. Its indicators and techniques are recognised as industry standard and used by investors across the globe. Indeed, the company's divisions and subsidiaries publish over 60 pieces of individual research each week. The bottom line is that Stockcube is a world leader in its chosen fields. Its clients include some of the world's largest and most sophisticated Fund Managers and Investment Banks. It also enjoys close relationships with individual investors and advisors, ranging from private clients through to senior asset allocators. Stockcube's subscription-based research is highly regarded in Europe, USA and Asia and its analysts are frequent contributors to the world's financial media.

Products

Stockcube Research provides fund managers and institutional investors with equity research, selection and market timing strategies for all major stockmarkets. Services include web access through www.stockcuberesearch.com, e-mail reports and regular consultation with its analysts.

Investors Intelligence offers point and figure, line and candle stick charts for thousands of stocks and indices worldwide, together with market timing analysis, commentary and a wide range of proprietary indicators and analysis tools. Daily Hotlines for FX, Commodities, International Equity Indices and Financial Futures are also provided, alongside daily updates, chart of the day, model portfolios, online charts and more.

Meanwhile, eCube is wholly owned subsidiary of Stockcube, providing the software, back-office infrastructure and websites for Stockcube. In addition eCube develops systems and websites for external customers, both within and outside the financial sector.

*This email represents the views of UK-Analyst and are not the views of IG Index. Remember that spread betting is a leveraged product and can result in losses that exceed your initial deposit. It may not be suitable for everyone, so please ensure that you fully understand the risks involved. The value of investments can go down as well as up. Investing in equities can lose you part or all of your capital. Smaller company shares can be relatively illiquid and thus hard to trade. And that makes such investments more of a high risk than larger company shares. t1ps.com is authorised and regulated by the FSA and can be contacted at 49 Rivington St, London EC2A 3QB or on 0207 033 9389.

Financials

The year to 31st December saw pre-tax profits of 430,000 pounds on revenues of 2.42 million pounds. Earnings came in at 3.6p per share. The current year is already off to a great start and at the interim stage, pre-tax profits came in at 286,000 pounds, equating to earnings of 2.2p per share, though it should be said that 99,000 pounds of the profits came from interest. Still, the profits compared to a published loss of 20,000 pounds in 2005 and, like-for-like, increased by 120% over 130,000 pounds (before exceptional impairment charges) reported for 2005. At the close of the interim stage, the company boasted cash of 4.242 million pounds, equating to 44.1p per share.

The current position

Stockcube is a cracking growth play. The company has continued to devote greater attention to individual client requirements in its institutional investor consultancy and analysis services where turnover showed an encouraging 18% increase over 2005. The company is now poised for greater penetration of the institutional sector with a dedicated sales and marketing effort and with the clarity of regulatory changes in respect of payment for its services.



The growing demand for Fullermoney, the global investment strategy service, reported during 2005 has continued apace with a 24% increase in subscription over the same period last year. Revenues increased by 26% during the period, reflecting gradual increases in unit prices. Meanwhile, turnover in the wider market services under the Investors Intelligence brand moved up slightly by 3% over the period absorbing the re-positioning of its services mix from individual subscriptions which fell in number by 4% to 'bloc' arrangements with institutional customers on a business to business basis.

To read Luke top predictions for 2007, click here.

Elsewhere, ecube has continued to provide valuable technology services to both its in-house and third party customers. Sportcal continues to trade profitably and contributed 8,000 pounds to group profits in the first six months. The overall positive is very positive indeed and I have every confidence, the growth recorded in the first half will continue into the second and into next year and beyond.

Valuation & Conclusion

Stockcube is a business that continues to boast a very strong balance sheet indeed, with net assets of 4.5 million pounds, of which 4.2 million pounds comprises net cash. This is equivalent to 47p per share and 44p per share respectively. The business is very cash generative indeed, with a total of 340,000 pounds cash coming in during the first half alone. I am very confident indeed, that in light of the first half performance, Stockcube will generate pre-tax profits of 520,000 pounds for the year to 31st December 2006, equating to earnings of 3.8p per share on a full tax charge. For next year, pre-tax profits of 650,000 pounds should be within comfortable reaching distance, equating to 4.7p in earnings per share. Thus at 67p, we have a company trading on 14 times 2007 earnings. Discount the cash and it falls to just 4.8 times 2007 earnings. The shares are a buy at 67p with a highly conservative price target of 90p.

TO BUY THESE SHARES - CLICK HERE.

Key Data

EPIC: SKC
Mkt: AIM
Spread: 63 - 71p

Luke edits the small cap share trading site www.WatsHot.com. It costs as little as 73 pounds a year to access tips from Luke Heron on the site.

Luke will be serving up his 3 top tips for 2007 THIS WEEKEND

For more details of Luke's hot tips click HERE.

[hugepants] 20/12/2006 13:36

New estimates for next year out today for IIR. I think these are fairly relevant to SKC since same sector, and similar business models.

Previous estimates were revenues of 1.5M, EBITDA of £0.24M and earnings of 0.6p. New estimates are revenues of 2.1M, EBITDA of £0.745M and earnings of 2.2p. So earnings forecast to rise dramatically (almost 4-fold) due to high operational gearing ie. after a certain level, a high percentage of extra revenues fall out as profit.

NB. Analyst reports and other at

[hugepants] 20/12/2006 09:26

Theres a very bullish trading update this morning from Independent International Investment Research (IIR) which is up 70% so far. Sounds very positive for small independent research providers.



....Since publication of the Group's interim results on 25 October 2006, marking the attainment of maiden interim operating profitability, revenues have continued to grow significantly, outpacing our expectations.

The outlook for independent investment research firms, especially in the
international equity space, appears to be bright: recent regulatory changes,
including the introduction of Commission Sharing Agreements (CSA's), are widely
accepted to be a very positive driver for independents; whilst the successful
IPO earlier this month of Japaninvest Group Plc, a UK research firm, on the
Tokyo Stock Exchange indicates that investors are recognising the opportunities
that exist....

[hugepants] 07/12/2006 00:03

This weeks Shares magazine has a list of top 100 growth shares. Little Stockcube comes in at number 48. They cited the new billing arrangements for paid research as key for growth

[cockneyrebel] 15/11/2006 15:18

Going to break out of this pennat north soon imo.

CR

[hugepants] 07/11/2006 16:41

New (or improved) website?


Also is the 30% subsidiary. I think its valued at around quarter of a mill (under "investments" in the accounts).