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melody9999 - Fri, 15 Dec 06 :

Ah - a positive write up in the Chronic. At least that explains todays fall!! Article below

These results beat analysts' forecasts as TMN (formerly known as themutual.net) continued to take advantage of the rapidly growing demand for online marketing. Its core business, TMN Media, increased sales by 38 per cent to £4.2m, as clients such as Sky, T-Mobile and British Gas used its database of 10m e-mail addresses to target potential new customers. What's more, growth at the other businesses was even more impressive. Sales at online advertising agency EDR surged 70 per cent to £2.9m, while sales at ID Factor, which carries out online market research, more than doubled to £876,000.

So, the focus for the rest of the year is on making the most of TMN's existing skills and technology. New product launches include Lead It, which will help clients to generate their own databases of potential leads, and ICD Research, which analyses the results of online market research.

As a result, house broker Investec Securities expects adjusted full-year EPS of 4.4p (from 2.6p in 2006), rising to 5.8p in 2007-08.


Pity I'm in fully bcause next hour looks a good time to add. 70% increase in EPS from 2.6p to 4.4p!


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