Member Info for LTHcine

Whole-Company Sale Scenario: Applying a conservative 7–9x multiple to 2025 EBITDA (£362 million) yields an EV of £2.5–3.3 billion. Subtracting net debt (~£1.58 billion) implies equity value of £0.9–1.7 billion. This equates to £2.00–3.80 per share—a 7–15x premium to current levels—but would likely be discounted for 2026 tax risks, landing closer to £1.5–2.0 billion EV (£2.30–3.30 per share equity). Analysts' pre-announcement consensus (7 firms) points to an average price target of 81.7 GBp (high: 110 GBp), implying ~£370 million equity value and a ~5.5x EV/EBITDA multiple post-tax adjustments.

investing.com

Post-announcement updates may revise this upward with a 20–50% M&A premium, potentially reaching 100–120 GBp per share.

Breakup/Sale of Parts Scenario (More Likely Given Debt Profile): Evoke's assets could fetch higher combined value piecemeal. The William Hill UK retail estate (2,400+ shops) was valued at $2.9 billion in Caesars' 2022 carve-out from the broader deal; adjusted for inflation, closures, and taxes, it could command £1–1.5 billion today from a retail-focused buyer.

racingpost.com

The 888/Mr Green online platforms (strong in regulated international markets) might add £0.8–1.2 billion at 8–10x their ~£100–120 million pro forma EBITDA. Total breakup proceeds could exceed £2–2.7 billion (net of debt), yielding £2.20–4.00 per share after allocations—though transaction costs and creditor priorities could trim this to £1.50–3.00 per share.

This is what AI thinks

120 GBp per share in a full sale (3–5x current price) or up to 150–250 GBp in an optimized breakup, assuming timely execution and buyer competition. Outcomes depend on bidder interest and tax mitigation success; the review process (advised by Rothschild & Co) is expected to conclude in Q1 2026. Monitor for updates, as high volume (6+ million shares traded today) signals speculative upside.

The strongest fit is Bet365, their main online ops moved back to Malta/Gibraltar years ago for tax reasons, they've been accused in the past of routing certain traffic creatively—fitting the "offshore partners in Curaçao/Anjouan" angle mentioned.

The recent RNS mentions sale of 35%.. but why doesnt it mention any figures as to how much they received if anything upfront? Can someone explain?

Why do people care about what?

Any reason? Or just guessing?

You wont be the first person who got lulled into a false sense of security thinking the need for placings were behind them..

The rail track from Chhor to Islamkot, as part of the Thar Coal Railway Project, is designed to facilitate the transportation of coal from the Thar coalfields, including Thar Block VI, to various destinations such as Port Qasim and upcountry areas. Thar Block VI is located approximately 20 kilometers northeast of Islamkot and 70 kilometers east of Mithi.Given this geographical context, the rail track will run very close to Thar Block VI. Specifically, the track is intended to connect the Thar coal mines, including Block VI, to the national railway network, which would enable the efficient transport of coal. The exact proximity of the rail track to Block VI can be inferred from the project’s objective to link the coal mines directly to the railway network, suggesting that the track will likely pass through or very near the mining area of Block VI to fulfill its purpose.Therefore, the rail track will run in close proximity to Thar Block VI, likely within a few kilometers of the mining operations, to ensure effective coal transportation.

Isnt this true for most if not all companies on Aim? Where do you suggest the funds come from?

Sindh carbon energy owns the mining lease for block VI and SCA is ownwd by Oracle 70%

Sheikh 30% split

Oracle Power PLC (AIM: ORCP) is actively considering the divestment of its interests in Thar Block VI, specifically targeting the mining operations as part of a strategic pivot toward clean energy projects in Pakistan. According to the company's Q4 2024 update, the Board intends to divest wholly or partially its mining interests in the block and is currently engaged in discussions to facilitate this. This approach allows flexibility, potentially enabling the sale of the entire mining lease or just select non-core assets, while retaining focus on downstream developments like the proposed 1,320 MW coal-to-power plant and coal-to-gas/liquids facilities under the China-Pakistan Economic Corridor (CPEC) framework.This aligns with Oracle's broader shift, as evidenced by their ongoing development of a 1 GW solar park in the Thar desert to address Pakistan's renewable energy needs. No final decision on the exact scope (full vs. partial) has been announced as of the latest available information from early 2025, but the emphasis on "wholly or partially" indicates openness to either option for the mining components, which could be seen as non-core relative to their clean energy ambitions. Recent discussions on X (formerly Twitter) from April 2024 also highlight investor optimism around public-private partnerships for the block, suggesting divestment could accelerate progress on integrated plans.

Thar Block VI

In the first half of 2025, we have been actively pursuing options for this asset which includes the potential divestment of the block and we are currently having a dialogue with prospective investors.

Read the whole section not just the word "investors" and it makes more sense.. however anyone who buys it would still be called investors

Shanghai Electric has deep Thar ties historically:Its subsidiary, SEPCOIII Electric Power Construction Corp. (Shandong Electric Power Construction Corp.), partnered with Oracle in 2015 for the power plant's EPC (engineering, procurement, construction). They formed Thar Electricity Pvt Ltd (90% Oracle, 10% SEPCO), but this consortium has been dormant amid delays.

I guess views at any given time can change.. im sorry if my posts arent consistent but i fall in and out of liking Oracle

Amadan - are you referring to when i was talking about the rise having been a pump and dump?

Well you can definitely get shares.. just bought 100m

Only single entity with anything close to 570,000,000 shares was the sheikh.. so im expecting a TR1 saying he has sold out

Getting past first stages of a project.. cheap

Getting past later stages - expensive

Orcp - very little money & low mcap

this new lot of p&d'ers are useless .. i cant even get a quote sell a single bean.. perhaps they are talking out their ****

The railway line has been "set for completion" every December for years.. just one example:

https://tribune.com.pk/story/2433921/long-awaited-rail-track-to-ferry-thar-coal-okayed