SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Mosaic Group (MGX.TO) -- Ignore unavailable to you. Want to Upgrade?


To: Marc who wrote (45)1/23/2000 11:22:00 PM
From: sPD  Respond to of 67
 
Great article, thanks for sharing it Marc.

BTW, I notice from your profile that you're interested in EMS players Celestica and C-Mac. I don't blame you, they've been doing very well. I'm following a similar company, AimGlobal Technologies (AGT) that is now focusing almost exclusively on this very profitable sector. Their backlog stands at $110M.

AGT trades on the AMEX and on the TSE. The SI thread is at Subject 31823



To: Marc who wrote (45)1/27/2000 5:22:00 PM
From: sPD  Read Replies (1) | Respond to of 67
 
Mosaic Continues Expansion In Central Europe

January 27, 2000

TORONTO, ONTARIO--Mosaic Group Inc. (TSE: MGX), Canada's leading
outsourced marketing services agency, announced today that it has
agreed to acquire IQ Marketing Poland ("IQMP"), a full service
agency that provides marketing and sales solutions to clients in
the fast-growing Central European marketplace. IQMP is expected to
generate $8 million in revenues in 2000.

IQMP is a Warsaw-based outsourced marketing services company that
provides marketing expertise for multinational clients such as
Gillette, Tetley, Braun, Belvedere, and Aiwa. The Central European
economy is expected to grow quickly over the next few years and
the opportunity for marketing services agencies is growing as
large, multinational corporations are seeking entry into the new
markets. IQMP is one of the few providers of marketing services
such as promotional marketing, event marketing and field marketing
to the Polish market. Poland is an emerging market with over 38
million people, with a compounded annual GDP growth rate estimate
of over 4.5% between 1998 and 2001. Poland is also considered a
likely candidate for the next round of expansion in the European
Monetary Union.

"The acquisition of IQMP is a key part of our European strategy.
Mosaic Group has a number of multinational clients who are
penetrating the rapidly growing Central European marketplace.
Poland is a key market for major consumer goods companies who are
spending significantly to establish market share," said Michael
Cottman, Vice Chairman, President and Chief Operating Officer of
Mosaic Group. "We are building a network of marketing and sales
services providers so that we can offer our clients an array of
marketing and sales services in a number of European markets. We
plan to expand IQMP's services to cover Hungary and the Czech
Republic in 2000. With IQMP in the fold, we expect to deliver
over $550 million in revenues in 2000."

"By joining Mosaic we will be able to grow our business quickly
through leveraging Mosaic's existing relationships with a number
of multinational clients as well as draw on Mosaic's excellence in
applying technology to field marketing," said Bob Marchant,
General Director of IQMP.

Mosaic Group Inc., with operations in the United States, Europe
and Canada, provides outsourced marketing services on an
integrated basis to leading corporations serving international
markets. Mosaic combines strategic thinking with leading-edge
technologies to effectively deliver immediate and measurable
results for its clients. Marketing solutions include electronic
marketing, e-commerce, new media services, contract sales,
merchandising, field marketing, direct marketing, database
development and management, product promotion, corporate
communications and sales force training. Mosaic, which has
approximately 71 million shares outstanding, trades on the TSE
under the symbol MGX.



FOR FURTHER INFORMATION PLEASE CONTACT:

Ben W. Kaak
EVP & CFO, Mosaic Group Inc.
(416) 813-4272
kaakb@mosaicgroupinc.com
or
Catherine Linley
Public Relations, Mosaic Group Inc.
(416) 813-4277

www.mosaicgroupinc.com



To: Marc who wrote (45)5/16/2000 4:26:00 PM
From: sPD  Read Replies (1) | Respond to of 67
 
Marc, have you read the 1999 annual report yet? It has to be the most comprehensive and thoroughly useful resource I've ever seen as an investor, especially with respect to laying down the roadmap for the current year's plans and how they intend to go about accomplishing every significant business and financial goal.

The level of detail provided is impressive - it even covers issues as to how they've mitigated against rises in interest rates, minimizing income taxes, and handling of goodwill.

Based on their past record of nailing and exceeding targets (and Q1 results already posted) , looks like another year of spectacular growth is in the making .