David Taylor, MBA, CFA
Kaboose Inc.
KAB-T
BUY
Dec 18, 2006
On-line media is hot. Has 12 million monthly viewers. Have made some incredible acquisitions. Growth rate is wonderful. Great take out candidate. Recently did an equity issue that didn’t have enough demand to supply 10 million shares. 3rd largest, family oriented independent on-line media company in North America.
Has not been doing much, but it is a great buying opportunity. About 90% of its revenues come from the US$, which doesn't do it too much good. Probably #3 in North America now.
Thinks their future is excellent. Still in the space where it is serving mothers, babies and small children with advice, games and health comments. Recently made another acquisition.
A very successful online media company and he is very bullish on it. Earnings and revenue continue to grow. They continuously make very attractive acquisitions. Then it goes through a period where the stock drops off 20%-30% making it a very good buying opportunity.
(A Top Pick Mar 23/07. Down 60%.) Excellent business. They are the top independent in the on-line marketing to parents and children. He expects them to be taken over. Management is buying shares.
Website. One of their specialty is through a UK acquisition in 9 months (virtual monopoly) on UK hospitals to provide diapers and other baby products. Getting good advertising. Could expand into North America. Thinks there's pretty good opportunity 1 year out.