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Secondary Recommendation

Monstermob - Mobile phone entertainment group eyes float

December 2003

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:
  • MOB
As those of you who have sat on a train listening to the cacophany of exotic mobile phone ring tones may have already guessed, the mobile phone entertainment industry is becoming a lucrative market.  One study has estimated that sales of ringtones alone will generate Eu 1.3bn this year, a figure which could nearly double by 2006.  All this is music to the ears of Monstermob, a profitable UK mobile phone entertainment provider that plans to float on AIM in  late November. Impressively for a company that was only founded in 2000 Monstermob has already moved into profit, making £300,000 in the year ending 31 December 2002, a figure which has jumped to £925,000 in just the first six months of the ...

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Monstermob - Competition bites (July 2004)
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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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