Local.com aussichtsreich

Jump of Monetization: Revenue/1K Visits (Flagship-Site only) increased 54% year over year from $194 in Q2/2011 to $299 in Q2/2012  

Direct Subscribers by Exact Match-Products (now Launch) increased 69% in few months from 489 in Q3/11 to 828 in Q2/12.

Das heißt, dass man bei Launch keineswegs von Null aus startet, sondern hier war der Erfolg des weitgehend identischen Vorgängerprodukts wohl der Vater des Gedanken.  

Near Term Target: 25% of revenue organically

2009: 10.8%
2010: 11,8%
2011: 15.2%
2012: 25% (estimate)  

im Yahoo Board los? Seit 3 Tagen kein Posting mehr zu LOCM?  

- allerdings haben die ihr Konzept geändert, um Spam-Postings, die dort überhand genommen haben auszuschalten. So durfen z.B. dort keine Internet-Adressen mehr verwendet werden.  

http://finance.yahoo.com/mb/LOCM/  

1,9 Millionen Adjusted Net Income im vierten Quartal sind auf Jahr hochgerechnet 7,8 Millionen. Selbst wenn das vierte Quartal durch das Weihnachtsgeschäft bei Local.com das beste ist, kann man diese Zahl meines Erachtens durchaus für 2013 als Zielgröße nehmen, da die Struktur, die von negativen Werten zu diesen positiven Zahlen geführt hat, weiter wirkt.

Wie hoch das KGV ist, wenn man den Kurs durch die obigen 7,8 Millionen teilt, muss ich Euch wohl nicht vorrechnen. Daher werden die Shortseller, die momentan für den absurden Kurs verantwortlich sind, auf die Schnauze fallen - denn es sind sicher nicht nur die veröffentlichen Shortsellingzahlen, die einzudecken sind, sondern auch das nackte Shorten, das in seiner nicht legalen Variante in den veröffentlichten Zahlen nicht enthalten ist.  

Die neue Adresse des Yahoo-LOCM-Threads hatte ich noch nicht mitbekommen.  

nur echte Shortseller am Kurs von Local.com herumspielen, sondern auch solche, die das Unternehmen aufkaufen wollen, was dann allerdings eine unerlaubte Kursmanipulation wäre.

http://seekingalpha.com/article/...ues-acquisition-spree?source=yahoo  

denn selbst wenn es dabei zu einer Kursverdoppelung käme, wäre Local.com noch immer krass unterbewertet und weitere Vervielfachungschancen wären weg, da Local.com aus meiner Sicht ein Ten-Bagger ist - und zwar ein echter und nicht einer von der Sorte "Der Aktionär".  

"A new acquisition target for the company could be Local.com (LOCM). I picked Local.com as one of my top ten stock picks for 2012. Shares are now under $2 and the company trades with a market capitalization of under $50 million. The company's local search assets would pair nicely with Interactive's current search portfolio.

Interactive has also been quick to spin off assets to unlock shareholder value. Over the past several years, the company has split off Tree.com, Home Shopping Network, and Ticketmaster. The company could spin off its online dating segment or its search business to unlock additional shareholder value."  

Yelp has near four million less Monthly Unique Visitors

Numbers Of Yelp: 21,665,670 Unique Visitors, 3.39%% increase in July against Jun 18.9% increase against last year. But the market-cap of Yelp is with 1,350 million the 30-fold of the idiotic low 44 million of Local Corp yesterday. And I am sure, that such a divergence will never lastening. Traffic of the Flagship-Site of Local Corp: 25,322,291 Unique Visitors, 0.73%% increase in July against June, 35.30% increase against last year.  

- Engineering Manager/Irvine, CA (Corp)    - Engineering Team Lead, Shopping Products/Irvine, CA (Corp)
- Inside Sales/Irvine, CA (Corp)    - MSSQL Business Intelligence Developer/Irvine, CA (Corp)
- NOSQL Business Intelligence Developer/Irvine, CA (Corp)    - Online Fulfillment Manager/El Segundo, CA
- Sales Operations/Salesforce Administrator/Irvine, CA (Corp)     - Search Engine Marketing/Irvine, CA (Corp)
- Senior .Net Web Developer/Irvine, CA (Corp)   - SEO Specialist/Irvine, CA (Corp)
- Software Engineer, Shopping Products/Irvine, CA (Corp)   - Sr. Marketing Manager/Irvine, CA (Corp)
- Sr. Media Buyer/Irvine, CA (Corp)  

- einem IPO aus der letzten Zeit:

http://siteanalytics.compete.com/zillow.com/

Auch hier hat Local.com's Flagshipseite die doppelte Anzahl an Usern, obwohl die Marktkapitalisierung von Local.com nur winzige Bruchteile der von Zillow ausmacht.  

Numbers of L o c a l.c o m

25,322,291 Unique Visitors

0.73%% increase in July against June

35.30% increase against last year


Numbers of Zillow

12,543,174 Unique Visitors

5.54% increase in July against June

38.86% increase against last year  

But Zillow has with 1,220 million the 28-fold market-cap of the idiotic low 44 million of Local Corp. This is a divergence with fthe factor 56 - a bigger divergence I never had seen.  

sieht ähnlich aus:

Angieslist has for example only 14% of Monthly Unique Visitors of Local Corp.

Numbers of Angieslist: 3,394,854 Unique Visitors, 7,63% increase in July against June, 32,37% increase against last year. But the market-cap of Angieslist is with 552 million12.5-fold of the idiotic low 44 million of Local Corp. I am sure, that such a divergence will never lastening.

Angi had never a positive net income and this bad results in the last four quarters:

Operating Income or Loss (22,930) (12,994) (5,344) (14,827  

um den Faktor 40 aufzeigen: Ein Dollar Umsatz von Yelp hat die 40-fache Bewertung von einem Dollar Umsatz bei Local.com.

Guidance of Yelp with a market-cap of 1.35 billion (= 1,350 billion) and 10-times-revenues: “For the full year of 2012, net revenue is expected to be in the range of $135 million to $136 million, representing growth of 62% to 63% compared to the full year of 2011. Adjusted EBITDA is expected to be in the range of $3 million to $4 million.”

Guidance of Local Corp with a market-cap of 44 million and 0.4-times-revenues
Fiscal 2012 Financial Guidance:
Revenue - The company expects 2012 revenue to be approximately $106 million, which will be an increase of over 35% compared to 2011 revenues.
Adjusted Net Income – Adjusted Net Income for 2012 is expected to be approximately $2.2 million, or $0.10 per diluted share, assuming diluted weighted average shares of 23.0 million, taking into account the dilutive effect of stock options and warrants.  

Importance of Local Ad Relevance

Another significant finding, which confirms IAB and other previous research, is that local relevance drives mobile ad response. Asked what variables or factors would cause them to respond to ads mobile users said the following:
Ads that are locally relevant to me: smartphone (73 percent) tablet (70 percent)
Ads that offer coupons/promotions: smartphone (72 percent) tablet (69 percent)
Ads from known brands: (59 percent) tablet (65 percent)
The study also found that 66 percent of mobile device owners noticed ads, while 33 percent clicked on mobile ads.  

Open Table ist mit seinen Umsatzmultiple von 6,5 und zuletzt Umsatzstagnation im Vergleich zu Local.com mit seinem Umsatzmultiple von 0,4 völlig überbewertet. Denn das heißt nichts anderes, als dass jeder Dollar Umsatz von Open Table sechzehnmal so hoch bewertet wird wie ein Umsatzdollar von Local.com. Eine deartige Divergenz bei zwei so ähnlichen Unternehmen hat niemals dauerhaft Bestand.  

Rahmen ganz ordentlich und dürfte bei den stark zusammengestutzen Kosten an der Gewinnschwelle agieren:

http://finance.yahoo.com/mbview/threadview/...-459a-bc9a-12ffde28b083  

Title,Location  
Engineering Manager, Irvine, CA (Corp)
Engineering Team Lead, Shopping Products, Irvine, CA (Corp)
Inside Sales, Irvine, CA (Corp)
MSSQL Business Intelligence Developer, Irvine, CA (Corp)
NOSQL Business Intelligence Developer.Irvine, CA (Corp)
Online Fulfillment Manager, El Segundo, CA
Sales Operations/Salesforce Administrator, Irvine, CA (Corp)
Search Engine Marketing, Irvine, CA (Corp)
Senior .Net Web Developer, Irvine, CA (Corp)
SEO Specialist, Irvine, CA (Corp)
Software Engineer, Shopping Products, Irvine, CA (Corp)
Sr. Marketing Manager, Irvine, CA (Corp)
Sr. Media Buyer, Irvine, CA (Corp  

A copy of the presentation materials was previously filed by the Registrant as Exhibit 99.1 to the Form 8-K filed on August 15, 2012 are incorporated by reference into this Current Report on Form 8-K. A copy of the press release is furnished herewith as Exhibit 99.2.

Very important: Increase of Adjusted Net Income from 1.2 to 2.2 million or from $0.06 to 0.10/share: "For fiscal 2012, it revenue to be approximately $106 million and adjusted net income is expected to be approximately $2.2 million, or $0.10 per diluted share."

Very Excellent: Organic Revenue (Direct Sales Effort) increased 124% y/y from $2.1 million in Q2/2011 to $4.7 million in Q2/2012.

Direct Subscribers by Exact Match-Products (now Launch) increased 69% in few months from 489 in Q3/11 to 828 in Q2/12

Big Point: Revenue/1,000 Visits (Flagship-Site only) increased 54% year over year from $194 in Q2/2011 to $299 in Q2/2012

Near Term Target: 25% of revenue organically
2009: 10.8%
2010: 11,8%
2011: 15.2%
2012: 25% (estimate)

Long Term Goal (II): Grow organic (direct) revenues to at least 50% of overall revenues

Long Term Goal (I): Grow organic traffic to at least 50% of overall traffic  

1   (Stk.)  

mehr Kurs- & Umsatzdetails zu LOCAL.COM
Handelsplätze Name Kurs Bid Stk. Bid  Ask  Ask Stk.
Nasdaq  1,95   1.000  1,96  2,06  400  
Tradegate  1,595   1.000  1,549  1,578  1.000  
Frankfurt  1,545   7.742  1,55  1,58  7.595  
Stuttgart  1,538   n.a.  n.a.  n.a.  n.a.  
München  1,565   n.a.  n.a.  n.a.  n.a.  
Berlin  1,546   3.000  1,544  1,575  3.000

Meines Erachtens ist eine Verzehnfachung des Kurses drin, denn selbst dann hätten wir noch knapp weniger als ein 4-faches Umsatzmultiple. Konkurrenten wie Yelp, Open Table, Angieslist, Zillow und andere haben nämich wesentlich höhere Bewertungen als dieses 10-fache Umsatzmultiple.  

und oder eine Shortsellergruppe versucht den Kurs zu deckeln.

https://www.cortalconsors.de/Kurse-Maerkte/Aktien/...;id=US53954R1059