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22-01-2014, 03:48 PM
#2181
Since SNK doesnt own their platform they wont scale as well as the others they mention. Service based businesses are usually profitable but they never scale easily.
Unless I misread the info they are a mobile add agency service which pays for outsourced technology to deliver their product.
Another thing I find interesting is that they dont revenue share the campaigns hence they need to keep pulling in advertising deals and clipping the ticket.
Last edited by Schrodinger; 22-01-2014 at 03:50 PM.
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22-01-2014, 03:52 PM
#2182
The long and short of the reply is that Snakk is but another IT firm used by the ad agencies to customize and place ads in mobile apps.
Just like any number of audio visual companies used by ad agencies to film ads for TVs etc.
So substitute TV for mobile, and it's same same.
Big yawn.
Last edited by Balance; 22-01-2014 at 04:04 PM.
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22-01-2014, 03:58 PM
#2183
Thanks Moosie for all your effort.If that was put in a Broker Newsletter the price would double without the clients understanding most of it.
Well done.
regards
Copper
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22-01-2014, 04:00 PM
#2184
Member
Originally Posted by Balance
The long and short of the reply is that Snakk is but another IT firm used by the ad agencies to customize and place ads in mobile apps.
Just like any number of audio visual companies used to film ads for TVs etc.
Big yawn.
That's not difficult to achieve, so someone designs those ads before. I guess SNK use google , Anriod, apple or other platforms to deliver the ads, right?
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22-01-2014, 04:00 PM
#2185
Member
Originally Posted by Balance
The long and short of the reply is that Snakk is but another IT firm used by the ad agencies to customize and place ads in mobile apps.
Just like any number of audio visual companies used to film ads for TVs etc.
Big yawn.
That's not difficult to achieve, so someone designs those ads before. I guess SNK use google , Anriod, apple or other platforms to deliver the ads, right?
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22-01-2014, 04:09 PM
#2186
Member
Moosie .WELL Done. 10/10 for taking the time to ask the questions and get the reply.
Well done once again .Moosie
Cheers
Last edited by blocker3; 22-01-2014 at 04:37 PM.
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22-01-2014, 04:21 PM
#2187
If you say to someone that they should pay $30m odd for an audio visual ad making and placement company when TVs were introduced, and advertising revenues exploded, men in white coats with vans would be knocking on the door.
Substitute mobiles for TVs, add hype and suddenly, it's fireworks and dancing girls?
No wonder Sorehead, HPF and Derek cannot get out fast enough of their 0.5c shares!
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22-01-2014, 04:27 PM
#2188
Originally Posted by Balance
All in context and just for you, blocked head.
Balance you are becoming old and grumpy and boring again unfortunately.....
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22-01-2014, 04:30 PM
#2189
Something on the way that will get the drums rolling again I'm told.......
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22-01-2014, 05:10 PM
#2190
Originally Posted by turmeric
How reliable is that source? The KDK SNK rumor seems to have been put to bed, so just wondering how reliable these sorts of things are??
Was a placement at ten. Not sure whether new shares perhaps for Aussie list or large shareholder like Snapdragon unloading. Didn't ask like a fool.....regards
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