Bargain of the day...Most live platforms have biggest losers and...

Bargain of the day...
Most live platforms have biggest losers and gainers of the day plus live streaming ASX anns.

I'm in at 13.5 too - what a ripper.....
You have to love these ridiculously oversold stocks..

ASX ANNOUNCEMENT
For Immediate Release
26th June 2008
Trading Update
· Revised pro forma EBITDA guidance for financial year ending 30 June 2008
· Impacted by timing delay to major direct marketing and advertising contracts
· Upfront marketing costs incurred in relation to accelerated international expansion of
Impulse Business Solutions
· Digital and Mobile division continues to deliver steady growth
· Operating costs well managed and in line with forecast
· Forecast dividend unaffected
CommQuest Limited (ASX: CQU) advises that, based on current management accounts and
trading conditions, it expects that its pro forma earnings before interest, tax, depreciation and
amortisation (“EBITDA”) for the year ended 30 June 2008 (“FY08”) will be in the range $10.3 -
$11.3 million. This remains subject to finalisation and audit of accounts.
The revised pro forma EBITDA guidance, from the upgraded $13.2 million issued at the time of
the company’s interim results release in February 2008, is due principally to a lower than
originally anticipated level of revenue growth within the Advertising and Direct Marketing divisions
in the closing quarter of the year. This reflects the deferral by some clients of previously advised
campaigns and changes to the commission structure of a key contract. Additionally, a significant
five year contract has taken longer to commence than originally anticipated, only becoming fully
operational in June 2008 but serving to underpin revenue in this segment moving forward.
CommQuest’s Digital & Mobile Marketing division (comprising Next Digital, SMS Central, Bland
and Impulse Business Solutions) is performing strongly. Impulse Business Solutions, which has
expanded into the United Kingdom and New Zealand regions during this period, continues to
perform well despite absorbing the upfront marketing costs associated with its accelerated
international expansion, while revenue targets continue to exceed initial expectations.
CommQuest’s Chief Financial Officer, Jonathon Meredith-Smith, said: “Whilst we have some
revenue timing differences across some of our divisions, we are very happy at where the
company sits and moving forward the business is in a great position to take further market share
in our different niches. We have controlled our costs at head office and all of our divisions are
performing well given the current economic and market conditions. This is a testament to our
offering as the only truly integrated Marketing Communications company in Australia. Moving
forward we expect to see better margins as we gain further market share.”
CommQuest expects to release its results for the period ending 30 June 2008 in late August
2008, and reaffirms its intention to declare a dividend of 2 cents per share, in line with the
prospectus forecast.
Contact regarding announcement:
William Scott Jonathon Meredith-Smith
Chief Executive Officer Chief Financial Officer
CommQuest Ltd CommQuest Ltd
T: 03 9016 4099 T: 03 9016 4099
M: 0411 182 444 M: 0405 109 915
www.commquest.com www.commquest.com