The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Perhaps, but despite similarities between the two companies more people know of Pizza Express than Prezzo. Whilst Directors are entitled to sell shares after acheiveing higher turnovers, I'm not sure the Market has taken to the recent Sells in April. I could be wrong but I've pulled out for now.
Pursuant to DTR 3, the Company announces that it has been notified that Marwyn Value Investors L.P., a shareholder in the Company and a connected person of James Corsellis, a director of the Company, has refinanced its credit facility and granted security over its 79,424,894 shares in the Company pursuant to that refinancing.
Rightly so, I reckon Communisis is a great company with some nice recent Aquisitions. Panmure Gordon have a Target of 83p and I think we shall be nearer to that price in a few months. I note the Blackrock bacteria still have a short position, the sooner they clear off the better.
Tipped and on the Up.
Nice to see Prudential upping the stake for M&G Group
Transense said delays in placement of certain new orders is expected to result in an EBITDA loss for the current year rather than the expected break-even. The group has been greatly encouraged by the volume of sales activity during the current financial year and anticipates that final sales for the year will be not less than £3.5m, which will exceed last year by more than 130%. This figure is lower than that anticipated at the time of announcing the Company's interim figures in early February. At that time, management information indicated that growth in the second half of the year would enable full year expectations to be met. However, the length of the sales cycle has proven greater than expected. Essentially all of the unconverted sales prospects that formed the basis for market guidance remain active. The market opportunities for Transense's products remain large and attractive, with new distribution channels established or being established in China, Japan, Chile, Columbia and Malaysia in recent months, incorporating a direct presence via sales channel support. The delays in placement of certain new orders is expected to result in an EBITDA loss for the current year, rather than the previously anticipated breakeven result. However, given the encouraging trends in the business including the strong top line growth, robust gross margins in line with expectations and better-than-expected overheads, the EBITDA loss for this financial year will be less than half that sustained in the previous year. The pipeline includes a number of substantial potential new orders at an advanced stage of discussion. As the installed base of customers continues to grow, Transense expects to benefit over the longer term from higher levels of repeat orders of replacement items such as its tyre probes. However, larger individual contracts may still continue to cause some volatility in reported results. A further update on progress across all divisions will be given at the time of the full year results in September. The Company's cash position remains strong at £3.2m and the Directors continue to believe that the business has sufficient capital required to pursue the business plan and deliver significant growth in the years ahead. Story provided by StockMarketWire.com
Eckoh, today confirms that further to the announcement made on 10 June 2014, the Board proposes that the dividend of 0.3125 pence per share to be proposed at the August AGM will be payable on 19 September 2014 to shareholders on the register at 22nd August 2014. The ex-dividend date is 20th August 2014.
Good sign___Andy Blundell has purchased 10.000 Shares today under his Spouse's name Mrs Blundell.
Nice news Jimmy' Expected to be earnings enhancing in the first full year, which sounds good too! I was so busy reading through Sepura's good news this morning that I missed this earlier.
Following completion of the acquisition of the Phase 4 Films group of companies and in order to satisfy consideration for the acquisition, application has been made to the UK Listing Authority and the London Stock Exchange for 1,412,062 common shares in Entertainment One Ltd. to be admitted to the Official List and to trading on the London Stock Exchange. The shares shall rank pari passu with the existing common shares of the Company and it is expected that admission will take place on 9 June 2014.
this morning. ___I see this provider of broadband, TV, fixed line and mobile telephone services as a value offering. Installations of its YouView digital TV box have accelerated from 7,000 households per week to 10,000 per week, which makes it the fastest growing TV business in the UK. The majority of customers are migrating from Freeview and do not watch much premium sports content, so they are less likely to be attracted to rivals' offerings. There is more to be done in terms of cost savings, but margins are improving and TalkTalk has an able CEO, Dido Harding. The company is continuing to develop and expand its proposition and is launching a new 'essentials' package. It announced a 15% increase in the dividend last year and I would not be surprised to see a double digit rise this year.
Get your drift Sallog. :-) Yes nice to see.
Me too!
No suprise, Questor's John Ficenec rates Entertainment One as Buy for Growth. ____ http://www.telegraph.co.uk/finance/10870624/Questor-share-tip-Buy-Entertainment-One-for-growth.html
I note on Hargreaves Lansdown ETO page the current P/E ratio: is 15.60. I'm a bit concerned that JP Morgan Cazenove have reduced their Target from 365 to 323p. It will be interesting to see if Investec revise their Target. Taking that into consideration and noting the SP rise since the low in May up to yesterday's news of the Aquisition of Phase 4 and the rise from that, it may be worth waiting to see if the SP lowers on some profit taking otherwise one could be "Chasing the Dragon" For a Longer term hold I guess it's worth buying.
Agreement to acquire the Phase 4 Films group of companies___ Entertainment One Ltd. is pleased to announce that it has agreed to acquire the Phase 4 Films group of companies ("Phase 4"), a leading independent film and television distributor based across Canada and the United States, from the Phase 4 Sellers. Phase 4 specialises in the sales, marketing, licensing and distribution of feature films, television and special interest content across all media in the North American market. The acquisition of Phase 4 will provide incremental scale and growth opportunities for the Group's US Film Division. The acquisition is for a total consideration of C$27 million, satisfied by the issue of 1,412,062 common shares in Entertainment One Ltd. (the "Consideration Shares") and approximately C$19.3 million in cash. In the year to 31 March 2014, Phase 4 generated unaudited revenue of C$51.7 million and unaudited earnings before income taxes of C$4.1 million. As at 31 March 2014, Phase 4 had unaudited gross assets of C$37.1 million. ( More above on RNS )
Hugh Scott-Barrett, Chief Executive, commented: "This refinancing has been achieved at a very attractive all-in cost against the current initial yield of 6.7% produced by The Mall Fund's assets. It has allowed us to establish a strong platform for growth by creating the flexibility for The Mall Fund to continue its programme of capital investment in order to create long term value, at a time when sentiment is improving in both the investment and tenant markets."
Remembering the recently gained long-term contracts with large companies such as Lloyds, where it will be looking after its marketing needs by taking over its in-house printing operations. With TSB about to float (assuming it happens), might TSB seperately engage Communisis for similar work for in-house operations too. Just a long shot !
"in my opinion." Mine too Megabux. Slight rise today and Buys showing as Sells. Currently 58.50p to Buy and 58.26 to Sell. As Worzel mentions mid/small caps really have been hammered lately. I topped up a few times in the 60's so the current SP is indeed tempting to grab some more. I'm guessing shorting has had an effect. However, as said this ones staying in the portfolio and is one my largest holdings at present. GLA