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Local Corporation Message Board

  • updated.robot updated.robot Oct 28, 2013 11:01 AM Flag

    locm is a joke...

    This stock is dead---no one is interested in buying it

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    • In short, Local's laser focus on expanding its Network Publishing business, releasing
      new product offerings, growing its user base, and enforcing its IP assets positions the
      company for potential margin expansion, revenue growth, and--ultimately--increasing
      cash-flows this year and in the years to follow.

      Source: Merriman Capital

      • 3 Replies to fankenkoenig
      • flankenking@ymail.com flankenking Oct 28, 2013 5:45 PM Flag

        fankenkoenig aka flaneknking providing positve reviews from Merriman Capital without disclosing relationship between Local Corp and Merriman Capital is much more criminal than Street Sweper ever coudl think of. SEC and FINRA and Attorney of New York should investigate flankenking for materially misleading and falsificated public statements

      • flankenking@ymail.com flankenking Oct 28, 2013 5:45 PM Flag

        Joel Achramowicz – Merriman Capital

        So you paid us $300,000 for placing your junk debt, what else do you want us to do so you guys can look like you know what you're talking about?

        Heath B. Clarke

        Thanks Joel, maybe you can come out with coverage on the stock and throw a really high price target, maybe 50 cents more than Ladenburg, that would be a huge help.

        Source: Transcript of Conference Call

      • flankenking@ymail.com flankenking Oct 28, 2013 5:44 PM Flag

        Our lead director, Norman K. Farra, Jr., currently serves as FEP Advisor for Merriman Capital, Inc.

        Merriman analyst the bestest, covers only the bestest companies, Andrew predictions therefore must come true

        Covering Local Corp is analyst Andrew D'Silva, one of our best analysts. He has responsibility for such other notable companies as Smack Sportswear (OTCBB: SMAK Speculative Buy price target $0.09) and OriginOil, Inc. (OTC: OOIL Speculative Buy price target $0.55).

    • "We are also projecting the company's operating cash flows will grow to $9.4 million for the year."
      .

      Merriman Capital about the joke in 2014

      The company's efforts to increase sales from its high-margin Network
      business could help to generate substantial cash flow in the years ahead.
      Local has revved up its sales initiatives within its high-margin Network Publishing
      business. This business helps merchants and community websites monetize
      consumer traffic through genre-specific advertisements carefully targeted to
      consumer interests and local communities. As more revenue accrues from this
      business, the company's margin mix should improve leading to more consistent
      profits and cash flow.

    • The joke will have 51.8 million revenues in the second half of 2013 as the result of the guidance of 95-97 million in 2013 and the reported numbers of Q1 + Q2

      Q1/2013: 21.5 million (reported)

      Q2/2013: 22.7 million (reported)

      Q3/2013: 24.6 million (result of the guidance of Local Corp for the complete year and my quarterly estimate)

      Q4/2013: 27.2 million (result of the guidance of Local Corp for the complete year and my quarterly estimate)

    • The joke will have 3.5 million EBITDA in the second half of 2013

      Local Corp reported about an Adjusted EBITDA of 0.7 million in Q1/2013 and incréase of 72% to 1.2 million in Q2 = 1.9 million in the first half of 2013.

      And the increased 2013 guidance reported about an Adjusted EBITDA of at least $5.4 million.

      If you now subtract the 1.9 million Adjusted EBITDA of the first half of 2013 from the 5.4 milllion for 2013 of the last increased guidance = 3.5 million Adjusted Ebitda for the second half of 2013.

 
LOCM
1.22-0.02(-1.61%)11:20 AMEST

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