Updates

Globo - Go!Enterprise Server to launch in Q4

October 2011

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.

Globo has announced its H1 results to 30 June with sales up by 56% to Eu19.6m and adjusted profit before tax up 135% to Eu3.3m. Eps were held back by the additional shares in issue following February's placing but still lifted 29% to 0.9 cents. The placing left net cash at Eu1.96m.Expansion into the international mobile market via CitronGO! was singlehandedly the swing factor to results. The mobile product enables consumers to access their email or social networking accounts and Globo has to date concluded contracts with 14 Mobile Network Operators and 12 service providers in America, South East Europe and South East Asia, who are selling the service. Overall, CitronGo! generated sales of Eu8.1m, so now accounts for 41% of sales. ...

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French Connection

Alliance Pharma

Globo (October 2012)

Globo - Signs first MNO up for Go! EnterpriseServer (August 2012)

Globo - Raises Â£9m to accelerate Go!Enterprise (May 2012)

Globo - Gain since February tip: 50% (May 2011)

Globo - Sales of CitronGo! go into orbit (February 2011)

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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