| 11:30 24/05/2012 | Dont cry for me Argentina........ |
| It’s no wonder that with 55 million wireless subscribers in a country of almost 41 million people, we find Argentina an attractive proposition. We currently have 1.5M active subscribers as at 15th May 2012 (defined as customers who have paid to use one of the Company's mobile internet services in the past two month period), so the Active subscriber upside in Argentina alone is enormous. Do the other 54 million users want to download an App, Game, Music etc (?) And then we have markets in Mexico, Brazil, Colombia plus other Latin America’s to go after…then the World. The challenge with foreign subsidiaries anywhere in the world is agreeing appropriate transfer pricing policies with the respective authorities, so that Local tax is minimised within the overall Group tax charge. In addition you need tight controls on currency exchanges and an effective policy on repatriation of profits/cash back up to Group. All Companies with overseas subsidiaries will face these challenges. All Countries are unique in this specialised area, which is why MOS are working with their advisers to achieve best practise, whilst working to diversify its sources of cash generation. Not phased at all by this.......A good problem to have MOS Don’t cry for me Argentina !! Jack http://www.iii.co.uk/investment/detail/?display=news&code=cotn:MOS.L&action=article&articleid=8541219 "Since the end of the 2011 calendar year, the Group's cash reserves have increased from £0.7m to a current level of approximately £1.25m. Shareholders should however note that £0.98m- equivalent to approximately three quarters of the Group's cash- is located in Argentina, where market wide currency control rules have been implemented in 2012 to regulate the withdrawal of funds from the country. The Group is working with its advisers to establish procedures to comply with the new Argentina specific regulations and the Board has a reasonable expectation that it will be able to continue to repatriate cash from Argentina. Additionally, the Company is working to diversify its sources of cash generation. For example, the first receipts have been collected from Mexico where revenues have grown rapidly since the beginning of the new calendar year, and Mexico is already the Company's second largest revenue generating subsidiary after Argentina. Additionally, Mobile Internet services have also just been launched in Colombia. The cash repatriation issues experienced in Argentina have not affected any of the Company's other markets, with intercompany transfers taking place as usual so far during 2012. " By Jack Diamonds |
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| 8:44 24/05/2012 | Re: Future Prospects |
| "there is no way that anyne can get money out of that country for the forsaeeable future" That is a gross overstatement of the situation. By loftgroov1 |
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| 8:10 24/05/2012 | Re: Future Prospects |
| Milly I think it will be sorted out soon and we will have a RNS, company is on the case. However, I dont see it is a major setback as Argentina represent a big portion of the operations. Cash is cash wherever you have it, especially in this market. By alp_2008 |
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| 22:57 23/05/2012 | Future Prospects |
| I agree that on the face of it the figures look good - but should we not be concerned that a large percentage of the MOS revenue is Argentinian based and there is no way that anyne can get money out of that country for the forsaeeable future Thoughts please By milly2 |
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| 19:11 23/05/2012 | Re: Has anyone studied these numbers? |
| Beats me...I think this company has exceptional growth prospects. Just market sentiment I suppose. By loftgroov1 |
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| 17:04 23/05/2012 | Re: Has anyone studied these numbers? |
| PS - Why this has been marked down from 31p beats me (?) Jack The reasons are general market sentiment and Tom Bulford's sell advice. MOS is just getting better and better, SP will pass 25p easily. By alp_2008 |
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| 14:50 23/05/2012 | Has anyone studied these numbers? |
| Mobile Internet Revenues July to Dec 2011…………..Mobile Revenues £4.9M (96% increase on previous 6 months) Dec 2011…………………. Mobile Revenues £1.0M……….Active Subscribers > 1M Jan 2012…………….……. Mobile Revenues £1.0M……….Active Subscribers > 1M Feb 2012…………….……. Mobile Revenues £1.0M……….Active Subscribers > 1M “The Mobile Internet segment continues to perform well” http://www.iii.co.uk/investment/detail/?display=news&code=cotn:MOS.L&action=article&articleid=8541219 Let’s guess the rest……………. Mar 2012…………….……. Mobile Revenues £1.25M……….Active Subscribers > 1.25M “Trading has been ahead of the Company's expectations, with March revenues growing strongly from prior month levels. The Company continues to benefit from increasing numbers of subscribers to its Mobile Internet services.” http://www.iii.co.uk/investment/detail/?display=news&code=cotn:MOS.L&action=article&articleid=8572512 Apr 2012…………….……. Mobile Revenues £1.5M……….Active Subscribers > 1.5M “15 May 2012 - Mobile Streams, the global mobile content retailer, announces today that its mobile internet subscription services have now passed the one and a half million mark for active subscribers. Active subscribers are defined as customers who have paid to use one of the Company's mobile internet services in the past two month period.” May 2012…………….……. Mobile Revenues £1.5M……….Active Subscribers > 1.5M Jun 2012…………….……. Mobile Revenues £1.75M……….Active Subscribers > 1.75M Jan to Jun 2012…………… Mobile Revenues £8.0M (63% increase on previous 6 months) So if we assume the above Subscriber & Mobile Revenue growth (maybe conservative, as they are launching in new market areas – Mexico etc), “The Company's profitability is yet to see the full impact of the top line revenue growth as a result primarily of marketing investments. Due to the subscription nature of the vast majority of the Mobile Internet revenues, the Company incurs upfront marketing and subscriber acquisition costs in return for a recurring revenue stream.” …………………Profitability could be double bubble!! IMO don’t get left behind…….this could go viral Jack PS - Why this has been marked down from 31p beats me (?) By Jack Diamonds |
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| 7:46 15/05/2012 | Another Positive Update |
| Hi all. More good news, wonder where this should take the sp. s1s2 By Sam1Simba2 |
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| 17:10 01/05/2012 | Smartphones Get Smarter in 2012 |
| At the World Mobile Congress in Barcelona, the emphasis is on speed, power and versatility. Phones this year are going into pens, watches --even underwater!! http://www.usatoday.com/video/1481197276001?csp=taboola We all agree Mobile technology is coming on leaps & bounds in terms of speed, power and versatility.......................... ...................but the missing word here is CONTENT. Yes - Relevant, up-to-date, dynamic CONTENT is a must for the Mobile technology Market and building recurring Revenues through a Subscriber base IMO is an "Asset" to be watched very closely. Jack By Jack Diamonds |
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| 14:05 01/05/2012 | Brilliant Performance! |
| Onwards and upwards from here! By loftgroov1 |
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| 12:10 01/05/2012 | Re: Content phenomenon................ |
| I think as new smartphones are phased in and improved , apps are playing a bigger part of the mobile phone users lives.Even my wife who is very 'luddite' in her views has moved over to a smartphone and uses apps from tracking my daughter to checking her pulse.The market is colossal with a large proportion of phone users including myself still using old generation phones.In this constant bear market where most of my shares have taken a hammering I am very confident in where MOS are going and the room for expansion. By geordiemids |
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| 9:26 01/05/2012 | Content phenomenon................ |
| As expected, another awesome RNS. 1. Revenues above expectations……….. “Trading has been ahead of the Company's expectations, with March revenues growing strongly from prior month levels.” Remember that prior month Revenues were stated as……… "Trading in the 2012 calendar year has started solidly, with revenues of just over £1.5m achieved in both January and February 2012." 2. The Company continues to deliver critical mass in Mobile Internet Services……….. “The Company continues to benefit from increasing numbers of subscribers to its Mobile Internet services.” 3. Periodic bonus payments from large network operators……….. We will take all “Performance related” bonuses on offer. MOS are in the right place at the right time. Content driven applications will drive the Mobile and Smartphone marketplace for the foreseeable future. We are well placed to pick up profitable chunks of this space. Anyone who has built a subscriber base will know that if you get it right……......Revenue and profits could go viral. With only 40% in public hands……watch this space !! Jack By Jack Diamonds |
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| 8:03 01/05/2012 | Great RNS! |
| http://www.investegate.co.uk/Article.aspx?id=201205010700114237C London (AIM: MOS) Mobile Streams is pleased to update its shareholders on its trading performance since the publication of the Company's Interim Results on March 29th 2012. Trading has been ahead of the Company's expectations, with March revenues growing strongly from prior month levels. The Company continues to benefit from increasing numbers of subscribers to its Mobile Internet services. Additionally, the Company wishes to advise its shareholders that it expects to make a one-time booking of approximately 1.7m GBP in additional revenues and approximately 586,000 GBP in additional pre-tax profits which will impact the current accounting period. We expect 58% of the revenues to be recorded in the first half of our fiscal year and 42% in the second half and 61% of the pre-tax profits to be recorded in the first half of our fiscal year and 39% in the second half. Part of this adjustment relates to the fact that our subsidiary in Argentina contracts with some of that country's largest network operators that provide for periodic bonus payments to be made to the Company based on financial performance. The reconciliation of these bonus payments for 2011 has recently taken place, which has contributed to a positive adjustment in the Company's financial results. Furthermore, additional revenue reconciliations were performed resulting in a positive impact on revenues being booked in the Argentinean subsidiary. There is no cash impact as a result of these adjustments. As discussed in our Unaudited Interim Results for the 6 months ended 31 December 2011 a large percentage of the Group's cash is located in Argentina where market wide currency control rules have been implemented in 2012 to regulate the withdrawal of funds from the country. Efforts to achieve a resolution are ongoing, a further announcement will be made in due course. By alp_2008 |
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| 17:57 28/04/2012 | Trading sideways |
| Hi all. Seems to trading sideways for the moment, need some more good news to get it moving again. Sam By Sam1Simba2 |
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| 15:52 12/04/2012 | Forecasts are looking good |
| http://www.digitallook.com/cgi-bin/dlmedia/security.cgi?username=&ac=&csi=167382 By alp_2008 |
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