Member Info for sharehead

That's just my initial target!

..... Looking good, just need that news to land and watch the mad scramble ensue!

Because their are so few shares around its not easy getting in here even in the quiet times. My broker wrote to me afterI bought one tranche that they had yet to find the shares needed to complete my order. However it is because there are so few shares around, and because of the tier 1 win, the impact that on its own will have on profits here, wnd the other contract announcements due that this moves up very, very quickly. Only issue being to really gguarantee catching the rise I think you need to take your position in advance of news hitting, which I have done. Gla.

Is this shares moves bl**dy fast. For a period pi's were locked out.

Well we got a glimpse of what to expect of the sp when the rns we want lands. Very fast rise up! Share Prophets tip of the week with a 24p target, the right news, which is expected, could take us up very quick judging by todays trial run, those not already in could miss it completely.

Agree, MMs playing around with buys / sells to shake shares free given there are so few knocking about. They'll want plenty for the coming BIG rise!!

This is the second time we have made this or tip of the week. First time around was at 15.75p but the sods round at Arden then organised a placing which rather kyboshed sentiment, However… That £3.5 million raised in May gives this gives the company a very strong balance sheet. The word on the street is that some major contract wins are in the pipeline. We have already had one announced by this provider of products and services to deliver interactive TV, Video-on-Demand, digital marketing and payment services and it starts rollout in a couple of months. But we hear that more mega deals are almost signed. That should deliver a potential £2.5 million+ annual profit from this contract alone over each the next five years given the vast operational gearing of the license fee model. What if Mirada can secure another such contract? As things stand contract one effects only the second half of this financial years the real impact is for the year to March 31 2016 onwards when you can easily expect a PTP of £3 million plus. Add on another contract and …do your maths. At a 13.75p offer the market capitalisation is now just c£15.7 million. As such the shares trade on a March 2016 PE of just over 5. But if another big contract is won that falls to just 2 -3. For a growth stock which now has cracking revenue visibility and a strong balance sheet that is a joke. Buy the shares on Monday – target price 24p. - See more at: http://www.shareprophets.advfn.com/views/7761/shareprophets-tip-of-the-week-mirada-at-1375p-offer-target-24p#sthash.tDqEhuun.dpuf

I think share prophets 24p target is fairly conservative. I am looking for mid 30p's, and higher than that if further tier 1 contracts announced. 24p will do for a start though.

14 Market Overview The landscape for digital television in Latin America is changing fast. With the majority of regions including Brazil, Argentina, Peru, Chile and Venezuela preparing for the digital switchover, Latin America could leapfrog more developed digital TV markets despite being late to the party. Unlike many European telecoms providers that are hampered by legacy technologies in the field, Latin American telecom providers and device manufacturers could be in a position to offer more advanced over-the-top services that make use of broadcast and IP domains, from the start. By starting from green fields, Latin America will benefit from a less disparate and confused television environment as telecom operators, manufacturers and media content providers can work together from the beginning to form the industry.

We have now entered a new stage in which major players are showing an increased interest in our capabilities. The Company is an advanced negotiations with other potential customers, and we expect to announce new deals after the summer break.  References are key in this market and we are now winning really important ones." This has been a transformational period for the Group, in which we have proven our ability to deliver on top-level deals. Despite dedicating significant resources to the trial that led to this flagship contract win, we generated an operating profit for the year, recorded an increase in our adjusted EBITDA  Certainly all the ingredients are all here for this to rerate up.

Digital Video And OTT Poised For Dramatic Growth Comment Now  Follow Comments If you had any doubt about just how much internet delivered video was changing the entertainment economy –  the latest data from Pricewaterhouse Coopers (PwC) consulting will open your eyes wide. In the next seven years, the  Entertainment and Media Outlook report that predicts that television’s dominance of advertising is poised to give way to the Internet. The report projects that TV advertising is poised to  generate $173.7 billion worldwide in 2014 growing to $214.7 billion by 2018. Internet advertising in the same period will climb from $133 billion up to $194.5 billion. The Report has some dramatic conclusions and predictions: By 2018, 33% of total advertising revenue is forecast to be digital, compared to 17% of consumer revenue.Mobile Internet is driving the change, with penetration reaching 55% in 2018, driving digital advertising to increase its share of total advertising revenue to 33% by 2018.In 2013, US advertisers generated $7.08 billion in mobile Internet ad revenue, up 110.2% from 2012.By 2016, mobile will overtake display to become the number two Internet advertising channel in the US. The Over The Top (OTT)  Space is poised for massive growth as well. PwC predicts that over-the-top TV streaming will grow to be a $10.1 billion segment in 2018, up from just a relatively meager $3.3 billion last year. Report 

Based on my dummy BUYs I think all trades today are BUYs. News soon? Proactive Investment presentation coming up & contract news due "after summer break". With so few shares I suspect, as per our last run upto 18p, this could soon move up all of a sudden.

Just looked at moving averages over 3 month view. I see the 10 day moving average has just crossed over the 20 day moving average. A crossover occurs when, as in our case, a smaller moving average closes over a longer term average. This is used by many traders to spot a spot a change in trend and such a crossover can signal a new uptrend. With the new contract news due lets hope so.

Just tried a dummy buy and offered fixed price of 12.3p for 10k so the 2nr 10k's and the 90k all buys.

There are no broker ratings for MIRA so I've been reading back to determine eps / fair value. It would appear that the tier 1 contract would give an eps of 2.2p on its own, say with other existing smaller contracts 3p then might be about the right figure to work off. 3p x a multiplier of 16 (not over the top for a high growth company thats now in profit) = a target fair value of 48p, discount by 10% for emerging markets factor and say target price should be top side 43p, realistic maybe mid 30ps, could be higher depending on the potential contract win announcements noted in the rns, if more tier 1 wins, may need to double these targets imo. DYOR. Gla.

One of the key benefits of mirada's product is the Inspire solution, which is part of the iris ecosystem. This includes an advanced user interface, named inspire, which relies on features like smart search engine, audience metrics and recommendation systems, advertisement component, multiscreen platform with apps for smartphones and tablets. As a part of the agreement, other major advanced features will be released in the future.

OTT clearly offers significant opportunities, with an open playing field in latin america where MIRA are making good progess and are now looking to build on their tier 1 contract win that substantially increases turnover for many years to come and with 90 odd % of that turnover being profit eps now looks well undervalued moving forward. MIRA have recently raised the funds it needs to service that contract and bid more (news on that front after end of summer break - see rns), and expects tier 1 revenues and profits to start to flow in from H2. SP was at 18p before being sold down to 12p placing level and so the potential should be back to that level and beyond - recent rns' s detailed more IIs jumping on board whilst still a bargain. Dummy buys last week show 12.35p trades were actually buys, however as contract wins and news of tier 1 win profits and revenues filter through this should imo start to re-rate up. Share Prophets recently set a 36p target (ish), and said as more contract wins announced this would need revising up. Good time to jump onboard? DYOR. Gla.

Redefine value propositions and business models. The OTT influx will force operators to rethink their value propositions. While OTT services are evolving fast, consumer behaviors are shifting faster, so operators will have to create business models that are both agile and adaptable, and partnering will be the best way to do it.

Digital Video And OTT Poised For Dramatic Growth Comment Now  Follow Comments If you had any doubt about just how much internet delivered video was changing the entertainment economy –  the latest data from Pricewaterhouse Coopers (PwC) consulting will open your eyes wide. In the next seven years, the  Entertainment and Media Outlook report that predicts that television’s dominance of advertising is poised to give way to the Internet. The report projects that TV advertising is poised to  generate $173.7 billion worldwide in 2014 growing to $214.7 billion by 2018. Internet advertising in the same period will climb from $133 billion up to $194.5 billion. The Report has some dramatic conclusions and predictions: By 2018, 33% of total advertising revenue is forecast to be digital, compared to 17% of consumer revenue.Mobile Internet is driving the change, with penetration reaching 55% in 2018, driving digital advertising to increase its share of total advertising revenue to 33% by 2018.In 2013, US advertisers generated $7.08 billion in mobile Internet ad revenue, up 110.2% from 2012.By 2016, mobile will overtake display to become the number two Internet advertising channel in the US. The Over The Top (OTT)  Space is poised for massive growth as well. PwC predicts that over-the-top TV streaming will grow to be a $10.1 billion segment in 2018, up from just a relatively meager $3.3 billion last year.

http://www.proactiveinvestors.co.uk/companies/news/71201/mirada-talks-to-more-latin-american-groups-over-tv-software-deals-71201.html