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InternetQ

January 2012

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • INTQ
  • Price:
  • 180p
The shares bounced after InternetQ reported that trading for 2011 had been in line with market expectations. The company didn’t embellish its statement but our subsequent conversation with chief executive Konstantinos Korletis confirmed that sales this year should top Eu50m, versus Eu38m last year. Given that sales were just Eu22m in H1, this implies a H2 run rate of Eu28m. Of that second half growth, i-POP, which was bought last year, is expected to have generated a maiden contribution of Eu3m sales, a similar level to the whole of the year before when it was private. Korletis says its growth has been driven by strong demand for mobile marketing services in Southeast Asia (mainly Singapore, Thailand, Indonesia and Vietnam). iPo ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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