RE: 20p11 Aug 2017 00:25
Matthew, brave man, we still ought to rafinesse this bit: There is no "garage sale" where merely slices of PEB are sold!!
You, in negative expectations, are assuming that the banks (all of them) will want their money back at once - and loose all luctrative interest payment? Very unlikely. The money has been lend on a long term deal.
IF we, us, some of the substantial shareholders, wanted, we could even get PEB to move away from UK (and all european banks) and move to the US. Right where the california operation is, and theres where we replace all former financing with fresh long term arrangements. The software company is running quite successfully and generating reliable income. Let's assume that one or another US bank will quickly be interested.
The fact right now is that someone has been sneaking in here / coming in here under the radar, thats from 2p up!!
Today the Sp is 4p.
What to make of this?
I think PEB, with the help of allied investors, plans to stabilize the running business and make themselves attractive for a suitor who buys the entire outfit - not cheap slices of it.
Back in 2014 Vislink has bought a hidden gem in california. A company that had several other suitors circling them.
Today, three years later, the businees has grown, and no matter who buys it (even if it does fall into the hand of the banks), it will continue to operate the same as yesterday.
Todays 4p price tag / 5 mil Pounds is really cheap. And that formerly paid 15 mil Pounds is quite cheap for the fully operating business.
Could there be a chance that a large US tech corporation swallows pebble beach and integrates it into their own oeration? Think about it. Then we are talking takeover time, with premium paid and at least $25 mil paid.
How much would this leave us after debt..? Fifteen Pence per share maybe?
Your turn for the homework!