Disappointing trading update

[jackandthebeans]

Thor - what do you think. I have followed this company since early 2005 just after its listing and the promise then was 7.5 odd cents. It looks like Vox have not even made good for this number and three years later. Mgt were indicating 10 cents plus to us. The share is on a historic PE of 32 to 35. Put it on a Pe of 18 and that is half the share price. I am worried. Got rid of some of the shares last week. Switched some into Huge Group at 310. Looks like I should have done the bloody lot. You seem confident Do think it will hold the current share price? Buy on rumour sell on fact they say. The article in ITweb on Storm is probably the life saver. Should I bomb now or wait for the announcement. Is it imminent?

[#2]

I think youll get your 7.5cents. But why are you worried about dividends when they are spending the money on acquisitions? ie ABSA deal.

[#3]

Goosie - I can't advise you what to buy or hold - I can only tell you I am long up to 2 years on this one (as an Investment !) because I know and understand the space they are in (I don't believe as you do that it is the same space as Huge or Autopage !!!)- I think they have acquired superb annuity customers (corporate and individual) and these clients are "sticky" - good business to cross sell into OMO