Local.com aussichtsreich

Insti's
30 Institutional Holders
6,184,127 Total Shares Held


Owner Name

Date

Shared Held

Change (Shares)

Change (%)

Value (in 1,000s)



GOLDMAN CAPITAL MANAGEMENT INC

06/30/2014

3,035,700

0

0.00

4,887



BARCLAYS GLOBAL INVESTORS UK HOLDINGS LTD

06/30/2014

893,535

28,169

3.26

1,439



BOSTON PARTNERS

06/30/2014

640,900

331,589

107.20

1,032



VANGUARD GROUP INC

06/30/2014

609,105

15,200

2.56

981



RUSSELL FRANK CO/

06/30/2014

253,200

173,264

216.75

408



ANCORA ADVISORS, LLC

06/30/2014

93,487

93,487

New

151



CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM

06/30/2014

89,800

0

0.00

145



BLACKROCK FUND ADVISORS

06/30/2014

85,427

2,440

2.94

138



GEODE CAPITAL MANAGEMENT, LLC

06/30/2014

78,225

0

0.00

126



SPARK INVESTMENT MANAGEMENT LLC

06/30/2014

60,100

(1,000)

(1.64)

97



BANK OF NEW YORK MELLON CORP

06/30/2014

58,489

106

.18

94



ROTELLA CAPITAL MANAGEMENT, INC.

06/30/2014

55,606

8,142

17.15

90



NORTHERN TRUST CORP

06/30/2014

44,200

(106)

(0.24)

71



NATIONAL ASSET MANAGEMENT, INC.

06/30/2014

40,000

0

0.00

64



SUSQUEHANNA INTERNATIONAL GROUP, LLP

06/30/2014

38,844

38,844

New

63
 

Ich würde bei Local.com aufpassen, der Wert wurde schon bei 6€ als "Tenbagger" wie Sauerbier hier angepriesen. Ich kann mich da auch noch an so reisserische Zeilen die mit einem KGV 5 warben erinnern, seitdem ca. -80%. Man kann ja schon bald von einem "Verzehnteltfacher" sprechen ;-). Offensichtlich läd jemand bei jedem kleinen Anstieg ordentlich ab. Das immer auf die bösen Shorties zu schieben ist sehr kurz gesprungen. Man muss sich einfach nur mal ansehen, was Local in den letzten Jahren alles versemmelt hat.

Was das schöne EBITDA bei Local angeht, ist meiner Meinung nach der Hinweis auf Wikipedia im Hinterkopf zu behalten ...

Nach den Bilanzfälschungen bei der Firma ENRON im Jahre 2001 wurde EBITDA im sarkastischen Sinn umgedeutet in Earnings before Itricked the dumb auditor (Gewinn bevor ich den dummen Buchprüfer täuschte).

http://de.wikipedia.org/wiki/EBITDA

In diesem Sinne ... viel Erfolg! ;-)  

denn er postet vor allem bei My Hammer - da solltet Ihr unbedingt einmal reinsehen.  

Ja schaut dort mal rein, da ist es in den vergangenen Jahren genauso "gut" gelaufen wie bei Local, dort wurde genausoviel versemmelt. Wenn ihr schon vorbei schaut, empfehle ich den diesjährigen HV Bericht zu lesen, besonders die Stelle bei der es um die Gewinnaussichten für 2015 geht ;-)  

und kann könnt Ihr das ja mit den folgenden Informationen über Local Corp vergleichen:

Richer consumer experience, expanding channels & innovative technology to fuel growth

INNOVATION (Future)
Innovative technology
- Deliver a relevant personalized consumer expericence
- Quality experience acrosw screens
- Focus on innovation
- Rapid iterartion

FOCUS (2013 - 2014)
Privot to enterprise
- Shift in focus from SMB to Enterprise
- Focus on mobile experiences

FOUNDATION (2004 - 2012)
Deep roots in local search
- Focus on local search
- First search site live in 2004

Source: Corperate Overview Q2-2014 of Local Corp (filed as 8-K to the SEC) Less

Investing in innovation as a primary vehicle for growth of Local Corp

- 48% of employees of Local Corp will work in research and development by 2014

- Local Labs serves as a digital technology lab and start-up incubator focused on innovating the digital ecosystem that converges around the digital shopper’s path from discovery to decision.

- 2014 Estimated Revenue: 15% of the projected revenue generated from new initiatives. That are by 107 million revenues of the last guidance about 16 million revenues from new initiatives.

- 2013: 26 Research & development employees = 27% of workforce
2014 (estimate): 47 Research & development employees = 48% of workface  

...und warum spammt Libunda im MyHammer Forum die ganze Zeit mit LOCM ?
...und warum postet Libuda im USA Forum seit Jahren im 15 Min. Takt olle Kamellen, immer wieder neu aufgewärmt ?
...und warum postet Libuda diese ollen Kamellen dann hier im Ariva Forum?
...und warum ist Libuda in den anderen Internet Yahoo-Boards permament und penetrant
mit Vergleichen von der super-günstigen LOCM unterewgs?
... warum preißt Libuda hier immer weider günstige EK-Kurse an ?

Hat natürlich alles keinen Hintergrund ?!

Fazit: Wenn der Threaderöffner sowie keine kritischen Meinungen zulässt und selbst guten Geld schlechtes hinterherwirft müssen das natürlich andere User auch tun....

Das sieht man auch an den "gigantischen" Tagesumsätzen in D, die wohl hauptsächlich durch Libuda selbst zusatande kommen.
 

schon oft lesen: Libuda hat inzwischen 109,100 Aktien von Local Corp und beschäftigt sich folglich intensiv mit diesem Wert, stellt Informationen hier in Netz und hofft auf Korrekturen, falls sein Wissensstand nicht der Realität entspricht.

Diesen Wunsch erfüllt mir Jamin Gottfried aus meiner Sicht nicht - und daher nehmen ich mir auch das Recht heraus, das zu kommentieren.  

muss ich mich wehren, ich spame nicht auf dem My Hammer-Booard, sondern vergleiche - denn so viele Local Search-Unternehmen gibt es ja in Deutschland nicht.

Und wenn diese Vergleiche für My Hammer fast immer negativ ausfalllen, schreibe ich das auch - oder soll ich das etwas verschweigen wie z.B. das:

Für voraussichtlich ca. 6 Millionen Jahresumsatz bei My Hammer bezahlt man 7,9 Millionen Marktkapitalisierung = das 1,32-fache des Umsatzes.

Für das Local Corp bezahlt man für voraussichtlich 105 Millionen Jahresumsatz nur 37,4 Millionen Marktkapitalisierung  = weniger als das 0,4-fache des Umsatzes -  um ganz genau zu sein nur das 0,36-fache .
 

-but small naked shortsleller can cover now without problems (in opposite to bigger positions) and investors should buy, before the shortsquezze will start.

6.0 million positive Total Cash Flow - Only 0.36-times-revenues - Positve EBITDA's since 6 years - Positve net-incomes coming soon

6.0 million positive Total Cash Flow From Operating Activities in last four quarters
View: Quarterly Data All numbers in thousands
Period Ending Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013
Total Cash Flow From Operating Activities 4,409 (727) 877 1,441

Reuters: Local Corp reaffirms FY 2014 guidance
Tuesday, 12 Aug 2014 04:15pm EDT
Local Corp:Expects FY 2014 revenue to be in the range of $103 to $107 mln.Expects FY 2014 adjusted EBITDA to be in the range of $3 to $4 mln, or between $0.13 and $0.17 per diluted share.FY 2014 revenue of $107 mln, EBITDA of $3 mln - Thomson Reuters I/B/E/S.
If you divide the idiotic low market-cap of 37.4 million last Friday througt the 105 million revenues of the Guidance = 0.36-times-revenues.

In the not-too-distant future not only the EBITDA’s will be positive alone, the net-incomes, too.
The differences between the net incomes and the since sic years positive EBITDA’s was with biggest part the result of depreciations of the intangible assets. The money for this assets were paid some years ago and has no influence on the cash today. In the last 2.5 years the value of Intangible Assets was written down form 8.833 million to 1.989 million.
View: Annual Data | All numbers in thousands
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
Intangible Assets 2,439 3,351 8,833
View: | Quarterly Data All numbers in thousands
Period Ending Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013
Intangible Assets 1,989 2,214 2,439 2,664
But this effect will ending in the not-too-distant future and the result will be, that not only the EBITDA’s will be positive alone, the net-incomes, too.
6.0 million positive Total Cash Flow - Only 0.36-times-revenues - Positve EBITDA's since 6 years - Positve net-incomes coming soon

6.0 million positive Total Cash Flow From Operating Activities in last four quarters
View: Quarterly Data All numbers in thousands
Period Ending Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013
Total Cash Flow From Operating Activities 4,409 (727) 877 1,441

Reuters: Local Corp reaffirms FY 2014 guidance
Tuesday, 12 Aug 2014 04:15pm EDT
Local Corp:Expects FY 2014 revenue to be in the range of $103 to $107 mln.Expects FY 2014 adjusted EBITDA to be in the range of $3 to $4 mln, or between $0.13 and $0.17 per diluted share.FY 2014 revenue of $107 mln, EBITDA of $3 mln - Thomson Reuters I/B/E/S.
If you divide the idiotic low market-cap of 37.4 million last Friday througt the 105 million revenues of the Guidance = 0.36-times-revenues.

In the not-too-distant future not only the EBITDA’s will be positive alone, the net-incomes, too.
The differences between the net incomes and the since sic years positive EBITDA’s was with biggest part the result of depreciations of the intangible assets. The money for this assets were paid some years ago and has no influence on the cash today. In the last 2.5 years the value of Intangible Assets was written down form 8.833 million to 1.989 million.
View: Annual Data | All numbers in thousands
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
Intangible Assets 2,439 3,351 8,833
View: | Quarterly Data All numbers in thousands
Period Ending Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013
Intangible Assets 1,989 2,214 2,439 2,664
But this effect will ending in the not-too-distant future and the result will be, that not only the EBITDA’s will be positive alone, the net-incomes, too.



Violation of Fry's is near - Bad Times for naked shortsellers
The dispute over these terms concerns one primary issue, namely, what component performs the acts of providing and detecting? The Court finds that contrary to Local’s assertion this issue regarding the scope of the claim terms must be decided by the Court. See United States Surgical Corp. v. Ethicon, Inc., 103 F.3d 1554, 1568 (Fed. Cir. 1997) (“Claim construction is a matter of resolution of disputed meanings and technical scope, to clarify and when necessary to explain what the patentee covered by the claims, for use in the determination of infringement.”).
Before addressing the question presented, the Court addresses Fry’s frivolous argument regarding indefiniteness. The purpose of the definiteness requirement in patents is “to ensure that the claims delineate the scope of the invention using language that adequately notifies the public of the patentee’s right to exclude.” Datamize, LLC v. Plumtree Software, Inc., 417 F.3d 1342, 1347 (Fed. Cir. 2005). Patent claims are invalid for indefiniteness when they are not “amenable to construction,” or are “insolubly ambiguous.” Exxon Research and Engineering Co. v. U.S., 265 F.3d 1371, 1375 (Fed. Cir. 2001). Fry’s presents no factual or legal argument to support its contention that the terms “providing” and “detecting” are insolubly ambiguous. Fry’s concedes its point by proposing its own definitions for the allegedly insoluble terms. Accordingly, the Court finds these claims are not indefinite because “one skilled in the art would understand the bounds of the claim when read in light of the specification.” Exxon Research, 265 F.3d at 1375.

Read more (You must only substitute xxx throught the right letters):
getfilings.com/sec-filings/140114/LOCAL-Corp_8-K_FORM2/d657723dex­991.htm#ixzz3C47kig30

 

Und vergleicht einmal dieses Unternehmen

http://www.sec.gov/Archives/edgar/data/1259550/...0/d771828dex991.htm
 

mit diesem Unternehmen

https://www.myhammer-holding.de/cms/upload/...sfinanzbericht_2014.pdf  

The advantage of the use of patented and proprietary technologies and systems

"We use patented and proprietary technologies and systems to provide users of our O&O websites and Network with relevant search results for local businesses, products and services, event information, ratings and reviews, driving directions and more into our search results. By distributing this information across our O&O websites and Network, we are able to reach users that our direct advertisers and advertising partners desire to reach."

Source: 10-Q von Local Corp  

Excellent for Local Corp: "More and more, with retailers like Wal-Mart and Target, the brick-and-mortar location is becoming a localized distribution center."
eMarketer: So when consumers search on mobile, what"s the retailer"s goal? Is it to get consumers to buy something online, to get them into the store, or show them an mcommerce ad, perhaps?

CEO Thiel from Local Corp: Most of the top 100 retailers have omnichannel programs in place, with sophisticated and well-developed ecommerce sites and brick-and-mortar stores.

More and more, with retailers like Wal-Mart and Target, the brick-and-mortar location is becoming a localized distribution center. It doesn"t matter if you"re buying online, picking up in-store, having something delivered in a store or ordering it online for home delivery. Retailers just don"t care. What they care about is that the purchase is made, and they"re setting up their systems so that omnichannel becomes the core mantra. Less


Newest Strong Expanded List of Krillion-Retailers

• AT&T
• Ace Hardware
• Ann Taylor
• Apple
• Bed Bath And Beyond
• Best Buy
• Big 5 Sporting Goods
• Blockbuster
• CVS
• Carters
• Catherines
• Coldwater
• Creek
• ColumbiaCostco
• #$%$ Sporting Goods
• Express
• Foot Locker
• Fossil
• Fry's
• GameStop
• Harbor Freight
• Harry & David
• Home Depot
• IKEA
• JC Penney
• Kmart
• Levi's
• Lowe's
• Macy's
• Micro Center
• Nordstrom
• Orchard Supply Hardware
• Office Depot
• OfficeMax
• PC Mall
• Pauls Tv
• Petco
• Pottery Barn
• Pottery Barn Kids
• REI
• RadioShack
• Rite Aid
• Saks Fifth Avenue
• Sony Store
• Sperry Top-Sider
• Staples
• Sur La Table
• Target
• Teavana
• The Children's Place
• Toys R Us
• True Value Hardware
• Walgreens
• Wal-Mart
• Williams Sonoma
 

schon sechs Jahre positiv ist, wird sich das bald auch beim net-income einstellen. Denn die im Gegensatz zum schon seit sechs Jahren poslitiven EBITDA ergaben sich vor allem durch Abschreibungen auf intangible assets (für die die Ausgaben aber schonn sehr vor Jahren geflossen sind. Inzwischen hat man die Intangible Assets bis auf 1,989 Millionen abgeschrieben - vor zweieinhalb Jahren waren es noch 8,883 Millionen.

Why in the not-too-distant future not only the EBITDA’s will be positive alone, the net-incomes, too: "Intangible assets, excluding domain names, are amortized over their estimated useful lives, generally on a straight-line basis over two to four years." (Source: 10-Q)

In the last 2.5 years the value of Intangible Assets was written down form 8.833 million to only 1.989 million.  

Quelle ist http://ir.local.com/...newsArticle&ID=1963217&highlight=Local Corporation Reaches Favorable Settlement in Patent Infringement Litigation

IRVINE, Calif.--(BUSINESS WIRE)--Sep. 3, 2014-- Local Corporation (NASDAQ: LOCM), a leading local search and advertising technology company, today announced that it has reached a favorable settlement agreement in its patent infringement action with Fry’s Electronics, Inc. The terms of the settlement are confidential.

The litigation began in June 2012 when Local Corporation filed a lawsuit claiming that Fry’s Electronics was infringing on its registered U.S. Patent No. 7,062,453, which covers “methods and systems for dynamic networked commerce architecture.”

“We are very pleased with the outcome of this settlement, and we believe this further validates the significant unlocked value of our robust patent portfolio,” said Fred Thiel, Local Corporation chairman and chief executive officer. “We have identified hundreds of websites and applications that we believe infringe upon this patent and believe there are likely thousands more. We have set a clear course to begin the process of licensing this patent and expect to continue to report the results of these monetization efforts with greater frequency. Overall, we currently believe that a conservative estimate of potential future licensing fees that could be generated from this patent is $100 million. We believe we are well-positioned to explore the monetization of our other patent families as well, including our pay-per-call patents.”

The company has 13 patents issued covering several categories including search/menus, pay-per-call and local shopping. Also, in order to create a more flexible structure to better leverage the value of its IP, the company recently announced that it is in the process of transferring the majority of its issued patents to a dedicated IP holding subsidiary.


 

Wenn die in der Pressemitteilung anvisierten zusätzlichen 100 Millionen Dollar zusätzliche Einnahmen erreicht würden, wäre das eine Verdoppelung des heutigen Umsatzes. Und das ganze durch höchst attraktive Lizenzgebühren.

Ich hoffe, daß local hier eine wirklich ehrliche Einschätzung abgibt. Sie schreiben sogar von einer konservativen Schätzung.

Absoluter Hammmer! Neubewertung müsste jetzt wirklich anstehen.  

Die Vorbörslichen Geld und Brief kurse sind schon angezogen. Das wird ein interessanter Tag!

Mal schauen wieviele von den ca. 1 Mio. legal Shorts sich heute eindecken wollen.

 

 

in #7090 steht, einen Wert von konserativ geschätzt 100 Millionen haben soll, wären das allein schon mehr als das Doppelte selbst der heute stark gestiegenen Marktkapitalisierung.

"Overall, we currently believe that a conservative estimate of potential future licensing fees that could be generated from this patent is $100 million."

Quelle: Text in #7090  

Annother important patent
United States Patent 8,032,427
Spreen , et al. October 4, 2011

--------------------------------------------------
System for providing localized shopping information

Abstract
A localization service is provided that provides users with online information on local retailers that sell particular products. A user can perform a search using a web page associated with the localization service or by searching using an internet search engine. The user's search includes a search origin. The search origin may be defined in terms of location information such as a place name or a postal code. A search for a particular product at local retailers may be made using search parameters such as search origins, product names, model numbers, product categories, and product attributes. The localization service may provide the user with search results in the form of web pages that list which retailers sell the desired product in the vicinity of the search origin. A targeted advertisement server at the localization service may use display criteria to determine which targeted advertisements should be displayed for the user.

--------------------------------------------------
Inventors: Spreen; Roger B. (Los Altos Hills, CA), Robertson; Michael S. (San Jose, CA), Van Riper; Michael J. (Santa Clara, CA), Ryan; James J. (Mountain View, CA)
Assignee: Local Corp (Irvine, CA)

Family ID: 44676813
Appl. No.: 11/732,598
Filed: April 3, 2007 Less


Local.Corp Granted U.S. Patent Number 8,032,427 for a System for Providing Localized Shopping Information

IRVINE, Calif., Oct 17, 2011 (BUSINESS WIRE) --
Local Corp Corporation (NASDAQ: LOCM), a leading online local media company, today announced that the company has been awarded patent number 8,032,427 by the U.S. Patent and Trademark Office covering a system for providing localized shopping information.
Issued on Oct. 4, 2011, the patent describes a system by which consumers are provided with online information for specific products sold by local retailers using location-based information to determine relevance. The patented system also provides for the display of relevant advertising along with the sought-after local shopping information.

According to BIA/Kelsey, approximately 97 percent of consumers who use the Internet have used it to research goods or services they purchased offline.

"Consumers are increasingly using mobile devices and apps to research products that are ultimately purchased at brick-and-mortar retailers. As a result of this, we believe that location-based services will play a growing role in connecting retailers with ready-to-buy consumers who are searching for those products," said Heath Clarke, chairman and CEO, Local Corp. "We believe this new patent, acquired as part of our acquisition of Krillion, provides Local Corp with important new intellectual property in this space."

Acquired by Local Corp in April, 2011, Krillion is a leading location-based product search service that connects online shoppers with products available in stores locally, with current discount, pricing and product information. Krillion's localized shopping data adds local relevance at the product level and enables national campaigns to reach web-influenced local shoppers across the U.S.
 

The search and advertising technology company reached a "favorable" settlement with electronics retailer Fry's Electronics over a patent infringement case.
Local Corp filed a lawsuit in June 2012, claiming Fry's Electronics had infringed one of its technology patents. "We currently believe that a conservative estimate of potential future licensing fees that could be generated from this patent is $100 million," CEO Fred Thiel said.


http://www.reuters.com/article/2014/09/03/...se-idUSL3N0R44YP20140903  

http://www.businesswire.com/news/home/20140903005329/en  

H.C. Wainwright Starts Local.com (LOCM) at Buy
September 4, 2014 7:23 AM EDT
H.C. Wainwright initiated coverage on Local.com (NASDAQ: LOCM) with a Buy rating and a price target of $4.00.Analyst Amit Dayal ...
 

Local Corp. agrees to settle patent spat: Conservative estimate of potential future licensing fees from this patent is $100 million
Wednesday, September 03, 2014 10:57 AM ET

Local Corp. reached a settlement agreement in its patent infringement action with Fry's Electronics Inc.

The terms of the settlement are confidential.

Local in June 2012 filed a lawsuit claiming that Fry's Electronics was infringing on a patent that covers "methods and systems for a dynamic networked commerce architecture."

"Overall, we currently believe that a conservative estimate of potential future licensing fees that could be generated from this patent is $100 million. We believe we are well-positioned to explore the monetization of our other patent families as well, including our pay-per-call patents," Local CEO Fred Thiel said in a Sept. 3 statement.

Source: PATENTS AND TRADEMARKS TODAY
 

6.0 million positive Total Cash Flow From Operating Activities in last four quarters
View: Quarterly Data All numbers in thousands
Period Ending Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013
Total Cash Flow From Operating Activities 4,409 (727) 877 1,441

Reuters: Local Corp reaffirms FY 2014 guidance
Tuesday, 12 Aug 2014 04:15pm EDT
Local Corp:Expects FY 2014 revenue to be in the range of $103 to $107 mln.Expects FY 2014 adjusted EBITDA to be in the range of $3 to $4 mln, or between $0.13 and $0.17 per diluted share.FY 2014 revenue of $107 mln, EBITDA of $3 mln - Thomson Reuters I/B/E/S.
If you divide the idiotic low market-cap of 37.4 million last Friday througt the 105 million revenues of the Guidance = 0.36-times-revenues.

In the not-too-distant future not only the EBITDA’s will be positive alone, the net-incomes, too.
The differences between the net incomes and the since sic years positive EBITDA’s was with biggest part the result of depreciations of the intangible assets. The money for this assets were paid some years ago and has no influence on the cash today. In the last 2.5 years the value of Intangible Assets was written down form 8.833 million to 1.989 million.
View: Annual Data | All numbers in thousands
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
Intangible Assets 2,439 3,351 8,833
View: | Quarterly Data All numbers in thousands
Period Ending Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013
Intangible Assets 1,989 2,214 2,439 2,664
But this effect will ending in the not-too-distant future and the result will be, that not only the EBITDA’s will be positive alone, the net-incomes, too.

CFO on the last Conference Call (read the complete story direct at Seeking Alpha):
"Second quarter adjusted EBITDA was $1 million which is up from the first quarter and comparable to the second quarter last year. Notably year-over-year we reduced our GAAP net loss by 63% from $3.6 million down to $1.3 million.