Member Info for Davius

That's an old story and was the reason for the fall to 37p or so at the beginning of December. Good rise since then and may well be a good longer term recovery stock, but I have decided to sell now and leave my money in TAN. Have been in and out of TAN twice so far for good profits, but I think I'll let the money ride now.

Out now, last day on account and want to leave my money a bit longer in TAN (romping ahead today) so sold my shares. Made a rather unspectacular £11.02 after costs :) but still, at least it was free money as it was on account.

Thanks for that Bigted, however I suspect that the reality is somewhere in between the two camps. Evil has been saying to short this for a while now, I bought shares and made a profit just after his initial suggestion to short at 470p and the SP is now much higher. And please, RNRG, I was making a point ffs, clearly unsuccessfully, it was not a serious suggestion and I'm surprised an investor read it as such.

That comment reads as foolish, you question why I'm not buying these shares? If it were so obvious that these were destined higher then everyone would be buying and the SP would continue to rise daily. Let's just agree to differ in our opinions. I do'nt agree that these should be chased higher but only bought on weakness, as the rating is already high on current profits. You expect the performance to come in at target and therefore consider them a buy. Opinion is never rocket science. You have as much chance of convincing me as I do you. None.

Hehe, I see we posted 2 minutes apart on Sunday, and both with long replies which will have taken a time to type in. No matter. I think anyone with shares should probably hold, but I would not rate this as a buy, it could well plummet on bad news, and was languishing at 40p before the new interest, which is where it might well end up of the ZED deal goes through. News from MOB this morning urges shareholders to accept the ZED offer...

A row of 8 or 9 sells early on sent the SP down this morning, but every share is cheap at some point and after testing new lows a few buyers have returned and we've rebounded to 62-63p. As ever it is impossible to spot the absolute low point of a share, but with the SP lower than it was before their large gas discovery we must be getting close to good value. If, in a couple of months, we've drifted down another 10p or so then hindsight will have told us that the timing was not yet right. But assuming this company has some competence then when they eventually announce a joint venture or at least a major step towards production the share price rise will probably be too rapid to catch. The trouble is (and has been so for months) how long we have to wait for such news.

ZED didn't put a value of 50p per share on a half stake in MOB. They put a value of £67m or so on an enlarged MOB following a £34m cash injection from ZED. It suggests ZED only values the existing MOB shares at £33m, i.e. around 49p each, without the cash injection. And Linktone have suggested a 65p bid to discourage shareholders from going with the ZED offer, they've made no obligation to actually bid. If ZED do pull out there will be no competition, Linktone may either withdraw leaving MOB well and truly stuffed or come in at 50p or less if they so choose. Sorry glue, I have to completely disagree with you on this one, no way will we see anything like £1. When ZED tabled their offer after long deliberations with the MOB board, no one else came forward with an interest. This 11th hour intervention appears to me to be more of a sounding out rather than a serious suggestion of an offer. Currently I'm not even convinced we will see 60p and the share price is down today at 50.25-51.5p so at present the market concurs.

If we go back to the problems facing MOB (the earn-out obligations, some of which were to be set at the prevailing share price at the time the debt was to be repaid) meant that with a low SP MOB would have to give away so many shares as to make the existing shareholders the minority interested parties. The ZED deal was great for MOB because it provided the company with £34m of new cash, at 50p a share in new shares, which they could use for the earn-out obligations. In other words they could use this as cash instead of shares to meet those obligations. This suggests that ZED considered MOB to be worth around £67m, but only after the £34m of debt had been repaid. Now if ZED were expected to issue a full bid at 65p per share it would cost them £42m or so to buy MOB, however, they'd still have the obligations to meet, so they'd need perhaps a further £30m to invest to make the company debt free. I suspect that if ZED had this cash available then they'd have made a full bid in the first place. Linktone is offering nothing like 65p per share, it's offering the equivalent value in its own ADRs. Should the offer be made formally then depending on how it is viewed by the markets the share price of Linktone could well drop, reducing the value of the offer significantly. There is no gaurateed profit here, I came close to selling my remaining shares at 53p on Friday, but am holding on to see how things turn out. If the ZED new share deal falls th

I think it's very likely we'll see a higher SP than currently if the ZED deal does not go ahead, since the wording from the Linktone announcement suggested a proposal shortly after this eventuality: Linktone said it expects to be in a position to make definitive proposals to MonsterMob shareholders within a very short period following the MonsterMob EGM assuming the LaNatro Zed SA proposals are not approved.

Assuming that the projected growth rates are met, then sure, the P/E is not particularly high. But by that token you can project a forward P/E for 2020 of perhaps 0.05, so the shares should be 100 time higher than they are now. Forward earnings are guestimates based on what's happened so far and the best guess of the broker in predicting where the company will be in a years time (or more precisely where it's earnings will be). We only differ on how we view the projections, you appear to believe that they are a forgone conclusion in which case the investment is a no brainer. My opinion is that they are exagerated and that the company is not likely to achieve such wild targets. The shares would very likely fall if the targets were not met, hence my opinion would be to only buy on weakness and not jump on the bandwagon chasing them higher.

When ZED announced they wanted to take a half stake in new shares at 50p predictions were for an opening of 60-70p. I thought the low 50s was more likely and that's where it opened. However as the market digested the shares drifted back and after a few weeks were languishing at 40p, ticking up and down a tad but not really doing anything. The latest development has sent us back above 50p, and with the prospect of a 65p bid it's not likely to drop much until either the bid materialises, ZED takes its stake, or Linktone withdraws. The crux will be next Friday, as Linktone has indicated that it will only bid if ZED doesn't get the votes to go ahead with their deal. I suspect (although it's anyones guess) that the shares will trade in a 50-54p range until Friday, perhaps the odd breakout if a rumour one way or the other hits. If the ZED option is rejected we might well see a brief flurry to 60p, that would probably be my exit point. However ZED could decide early next week that they are likely to lose the vote so may come in with a counter bid (probably recommended by the board) of 65p in which case the shares will settle at or just under that price. All speculation though, anyone can guess at this, we'll only know for sure next weekend.

For the year to last July, turnover £6.3m (good), loss of £3.9m (bad). Intangible assets at £9.9m but tangible assets, investments, cash and securities are really quite tiny. Debtors of £3.6m are cancelled out by creditors of £3.9m and only really Stocks of £1.1 makes much of an impact on the balance sheet besides the intangibles. Bottom line is assets of £11.4m of which £9.9m are intangibles. They could not sustain another loss of the scale of 2006 without having to see further funding I'd have thought. The statement that the company wants to buy back its shares is encouraging for shareholder value, but I'm confused as to where the money will come from for this, unless they increase borrowings. When they say Cash Positive Trading presumably they mean that they are running at a profit, but I'd be surprised if it were enough to cover a share buy back considering they have very little in reserve. It appears that it's the good contact news and prospects of profitability that provides this company with it's current valuation. I can't say I'm tempted at the moment but will add it to my watch list.

The spread alone would keep me out of this share, quoting 1.2-1.45p although the actual quote I'm getting is slightly better at 1.26-1.39p, still pretty hefty though. There are a number of transactions daily though, not as thin as many that investors advocate on this forum.

Here's more info on the possible bid. The EGM is next Friday, at which time the shareholders either approve or reject the ZED offer to subscribe for new shares. If they reject then Linktone may bid 65p equivalent in new shares: LONDON (AFX) - Linktone Limited, a Chinese provider of Wireless value-added services said it is considering making an all-share offer for troubled UK ringtone download firm MonsterMob Group plc if MonsterMob's proposals to sell a majority stake to Spanish firm LaNetro Zed SA are not approved by MonsterMob shareholders at the EGM on Feb 23. Linktone said if it were to make an offer it would be on the basis of 0.3028 new Linktone American Depositary Shares for each MonsterMob ordinary share, which at yesterday's closing price, would value each MonsterMob share at around 65 pence. Linktone said it has been reviewing MonsterMob and its business for some time. etc...

It means a 20% hike in the share price and a few punters piling in on the idea that Linktone might make a bid for MOB of perhaps 60p or more. Currently the board favours the approach from ZED to buy a controlling interest in new shares, giving MOB at £34m cash injection to sort out it's debts and obligations. Were Linktone to make a successful bid then they would effectively be taking on the debts, but the rewards for shareholders would be higher and immediate. You could see another 20% on the SP, it's ticked up three times since I've been typing and now stands at 53-53.25p. However if Linktone don't bid then I suspect it's back to the ZED deal and a share price back in the low 40s. We don't have long to find out, as the date for the ZED agreement is looming...

LONDON (AFX) - Profit-takers moved in on ReneSola, 52 pence down at 525, after the maker of solar wafers said it expects a profit of 22-23 mln usd for 2006 with sales at about 86 mln usd, and added that the company's expansion will accelerate substantially in 2007 to take advantage of the rising demand for wafers. Also on the backfoot, Universal Salvage ran back 13 to 171-1/2 as the vehicle auction services company revealed that discussions in relation to a potential offer for the company have terminated. The company received a preliminary approach in February regarding a potential offer at 200 pence a share in cash. ============================================== SP crashed to 500p before recovery to nearly 580p. Profits for 2005-6 at around £12m making current P/E of 48.

Monstermob Group plc ("Monstermob") has noted the announcement made today by Linktone of its interest in a potential offer for Monstermob. As indicated in the circular to shareholders dated 29 January, 2007, Monstermob's directors agreed with LaNetro Zed SA ("Zed") to recommend to shareholders to vote in favour of the resolution to give effect to Zed's proposals and Monstermob further undertook not to make or entertain or seek to negotiate any alternative proposals inconsistent with Zed's proposals, save in response to an unsolicited approach and (in each case) to the extent required by such Directors' fiduciary duties. The Directors of Monstermob have considered carefully Linktone's unsolicited approach, noting that it does not constitute a firm intention to make an offer. The directors of Monstermob have concluded that their duties to Monstermob and its shareholders require them to explore the approach in greater detail. A further announcement will be made in due course and in the meantime, shareholders are advised to take no action.

The MMs hammer this company ridiculously. One small sell today of 5000 shares and they've dropped the price again, now 13.5-17p, that's over 10%. At this rate the company will be worthless very soon and probably unable to raise additional funding.

I'm being quoted trading prices of 0.36-0.45p but only one trade so far today, a small sell. From a burst of activity on the 12th we're back to the typical 5-10 trades a day. Huge spread puts me off this one, but good luck with it.

I suspect if you did decide to sell that would hit the share price a bit, since most of the deals today are 50-250K (with one at 1m). Even at todays low SP that's still at £19K investement, so I can understand your reluctance to sell (unless you bought them at the low in August anyway). Good luck with the holding.