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BLUE STAR MOBILE - Its going to go off, mobile content that is

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rivaldo - Tue, 03 Jan 06 :

Could be more buying tomorrow once readers have digested today's tip.

Harry, there is one broker forecast. Seymour Pierce forecast a small £40k loss before tax for the year. This implies a PBT for H2 of £75k, i.e an annualised profit of £150k.

With the World Cup coming up, plus the explosion of mobile content and BTR's partnerships with all the major operators, it wouldn't be unreasonable to assume an exponential increase in profits in the next year or two. Clearly on a £3.5m m/cap this would have an equal effect on the share price.

It's a punt. But as a punt on a company already in profit, with £400k of cash and with such a small m/cap I don't see much downside and it could turn out to be a multibagger.


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