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InternetQ

July 2014

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:
  • 281.25p
InternetQ has concluded the bolt on acquisition of UpMobile, a Mexican mobile marketing business that also produces content for interactive TV/radio, for an undisclosed sum. UpMobile strengthens InternetQ's presence in Latin America following its previous acquisition of Argentina-based Intracel. Mexico currently has 33m smartphone users and is the fastest growing smartphone market in Latin America and will provide InternetQ with opportunities to further distribute its Minimob software kit and its Akazoo streaming music services in the region.Broker Cannacord is looking for sales of Eu145m in the current year, well ahead of the Eu104m last year. Pretax profit is expected to be Eu14.7m up from Eu11.1m, although additional sha ...

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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.

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