IMS - Impelus Limited

[Oracle]

Hi Guys

I've just picked up this gem of a stock on the charts! It looks great haven't bought in yet I was hoping someone would know a bit more about the company.

It looks to break it's all time high of .23 cents.

 

[megla]

Re: MBA - Mobile Active

watching here too. cant see why it would be going up...!

 

[LifeisShort]

Re: MBA - Mobile Active

watching here too. cant see why it would be going up...!

It's going up because there is a new research report out from Wiseowl and a price target of 35c

 

[megla]

Re: MBA - Mobile Active

Pardon my ignorance but who is Wiseowl (did a quick google, but nothing interesting)

 

[LifeisShort]

Re: MBA - Mobile Active

Pardon my ignorance but who is Wiseowl (did a quick google, but nothing interesting)

http://www.wise-owl.com/Home.asp

 

[grandia3]

just come across this stock today

seems like there is not much attention going

any1 following this?

 

[pods]

I've been meaning to reply to this thread for a few years now. Just got my password reset

What's peoples opinion on why this stock seems to have hit the power band right now?

I can point to a few things:
1. re-rating of risk with respect to small/micro caps
2. Recent news of mobile advertising industry increased globally by 86ish%
3. MBEs last update with revenue growth of 88% for their mobile advertising division and 55% of their mCommerce division.
3. Continued news about mobile advertising in the local media, especially Facebook

Overall I think its a combination of mobile advertising being a hot thing and the mark being particularly risk on at the moment.

At 5.7c MBE are trading at 17.2 times their most recently reported EBITDA.

What i'm wonder though is what multiple should they be trading at? High growth stocks usually trading at multiples higher than well established companies which are not growth focussed. So could it go higher than 20 or 30 times EBIBDA?

Does anyone have much experience valuing microcaps?

 

[piggybank]

Well something has got the market interested over the past fortnight!!

 

[pods]

Mobile embrace updated the market with a profit upgrade.

EBITDA up from the forecast of $850000 to $1045000
NPat up from -$250000 to +$230000

http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01431340

 

[Country Lad]

Poked its head above 10 cents. We could see more of this one in the near future.

Cheers
Country Lad

 

[Boggo]

Poked its head above 10 cents. We could see more of this one in the near future.

And the usual run up/breakout with volume prior to the news

(click to expand)

 

[Country Lad]

Poked its head above 10 cents. We could see more of this one in the near future.

Nice moves last couple of days. Volume dropping off.

Cheers
Country Lad

 

[Boggo]

Speeding ticket, knew that wasn't far off

 

[leyy]

closed 23% higher today

New high of 0.16 with strong volume.

looking very interesting.

 

[Boggo]

And the usual run up/breakout with volume prior to the news

(click to expand)

What a run two steps ahead of the news. So much for the waiting to buy when the news comes out theory.

News out today and its sellers taking profits, love it

 

[leyy]

MBE has bounced straight back up after the profit takers.

Glad I was able to get another parcel on the retracement.

This stock has increased over 100% in the last fortnight.

Stop loss adjusted to 0.20cents

 

[Country Lad]

Another rise today, and maybe it is becoming a bit predictable.

Interesting thing with these type of shares as the price increases. When at a "cheapie" price it is generally the red cordial brigade in and out of it as they play. Then it reaches a stage where the company achieves some credibility, the more serious traders come in, some stay in some play with it, but on the whole there is less very short term trading. We may now be at this stage.

The next stage is where the company is seen as a viable growing business with some fundamental value or serious potential for growth. The while the price increases to all time highs, EVERYBODY is in profit and have no reason to sell except for fear of not selling at the top. These people are usually countered by those who assess the business as having growth potential and come in, keeping the buy side active. We are not here yet and it depends on whether the broader market "discovers" it.

As an aside, many traders are a little afraid of established companies reaching all time highs as the prices may fall. I have the opposite view, and I am talking established companies. While the market is neutral or rising, I love the all time high shares - everybody is in profit and do not have any reason to sell.

Cheers
Country Lad

 

[leyy]

Great post CL.

MBE has great growth potential with mobile advertising.

They are starting to make some good cash flow too



As CL stated, there is no reason for sellers to sell right now except for trying to pick an all time high.

Try to avoid the noise/volatility, MBE also does not make the shorting list for any provider.

 

[chipotle]

Any thoughts about this one? a lot of chatter on hc and article there about a buyer for the company at a much higher price. I dont know how real this company is so looking for some ideas before I buy. cheers

Mobile Embrace sees interest in advertising unit as focus remains on payments, MD says

Mobile Embrace (MBE:AU), an Australian mobile payments and mobile advertising company, has had informal interest in its m-advertising business 4th Screen Advertising Australia, said MD Neil Wiles.

It is not in any discussions and has no plans to initiate a sale process at the moment, Wiles said. However, the mobile advertising space is currently seeing a lot of consolidation and so 4th Screen Advertising Australia could attract offers from larger players.

Wiles also added that Mobile Embrace’s focus is to expand its mobile payments business, Convey, into the US and other markets including Southeast Asia. Its trading desk will be run out of Sydney so it does not need a presence in international markets but has appointed a global markets manager to drive market entry.

4th Screen Advertising Australia was set up with 4th Screen Advertising UK and contributes some 25% of Mobile Embrace’s total revenue of AUD 12.2m (USD 11.4m) and total EBITDA of 0.85m. Last year, 4th Screen Advertising UK was acquired by Norwegian mobile browser company Opera Software. Prior to the sale, 4th Screen Advertising Australia’s relationship had evolved to become a marketing and technology partnership with Mobile Embrace retaining 100%. Opera also bought San Mateo, CA-based AdMarvel in 2010. In April this year, Baltimore, MA-based Millennial Media (MM:NYSE) bought Jumptap, in a deal valuing 22.5% of the company at USD 209m.

Deals in the space tend to be on multiples of revenue, Wiles said, citing Mountain View, CA-based Google’s (GOOG:NASDAQ) 2009 purchase of Admob for USD 750m, at a net revenue multiple of 18.8X; Cupertino, CA-based Apple’s (AAPL:NASDAQ) 2010 purchase of Quattro Wireless for USD 275m, at a net revenue multiple 13.1X; and Singtel’s (ST:SGX) purchase this September of Amobee for USD 321m, at a net revenue multiple of 10.7X.

Mobile Embrace’s market cap has increased from some AUD 17m in August this year to AUD 62m now. Wiles attributed this to a correction on its valuation, to its growth in revenue and profit, and to significant growth and growth projections for the mobile industry including mobile payments and transacting.

 

[Anmar]

Any thoughts about this one? a lot of chatter on hc and article there about a buyer for the company at a much higher price. I dont know how real this company is so looking for some ideas before I buy. cheers

Mobile Embrace sees interest in advertising unit as focus remains on payments, MD says

Mobile Embrace (MBE:AU), an Australian mobile payments and mobile advertising company, has had informal interest in its m-advertising business 4th Screen Advertising Australia, said MD Neil Wiles.

It is not in any discussions and has no plans to initiate a sale process at the moment, Wiles said. However, the mobile advertising space is currently seeing a lot of consolidation and so 4th Screen Advertising Australia could attract offers from larger players.

Wiles also added that Mobile Embrace’s focus is to expand its mobile payments business, Convey, into the US and other markets including Southeast Asia. Its trading desk will be run out of Sydney so it does not need a presence in international markets but has appointed a global markets manager to drive market entry.

4th Screen Advertising Australia was set up with 4th Screen Advertising UK and contributes some 25% of Mobile Embrace’s total revenue of AUD 12.2m (USD 11.4m) and total EBITDA of 0.85m. Last year, 4th Screen Advertising UK was acquired by Norwegian mobile browser company Opera Software. Prior to the sale, 4th Screen Advertising Australia’s relationship had evolved to become a marketing and technology partnership with Mobile Embrace retaining 100%. Opera also bought San Mateo, CA-based AdMarvel in 2010. In April this year, Baltimore, MA-based Millennial Media (MM:NYSE) bought Jumptap, in a deal valuing 22.5% of the company at USD 209m.

Deals in the space tend to be on multiples of revenue, Wiles said, citing Mountain View, CA-based Google’s (GOOG:NASDAQ) 2009 purchase of Admob for USD 750m, at a net revenue multiple of 18.8X; Cupertino, CA-based Apple’s (AAPL:NASDAQ) 2010 purchase of Quattro Wireless for USD 275m, at a net revenue multiple 13.1X; and Singtel’s (ST:SGX) purchase this September of Amobee for USD 321m, at a net revenue multiple of 10.7X.

Mobile Embrace’s market cap has increased from some AUD 17m in August this year to AUD 62m now. Wiles attributed this to a correction on its valuation, to its growth in revenue and profit, and to significant growth and growth projections for the mobile industry including mobile payments and transacting.

Dec 22nd

Mobile Embrace announced that it will partner with SingTel to provide Direct Carrier Billing for SingTel post-paid customers in Singapore. The company will bring SingTel post-paid customers mobile-optimized products and services across a range of verticals including entertainment, sport and fashion, and the ability to pay with direct carrier billing, an easy and secure mobile payment channel.