Member Info for pontil

Huge 10% trade. Has Ron bought some more to average down? :-)

What I like here is that the Chairman has significant skin in the game at a price considerably higher than that we have today. A Chairman with a strong track record, highly market focused and motivated. I like the combination. IMO

, two price extensions and over the last few days a number of outages/unavailable on a certain trading platform. Activity.

spoke too soon.

IG still not opened on EKF ... ??

CEO buys 1.5% of his own company. This is a huge buy signal. £0.5M of his own money. Can't see him voting against the dividend :-)

www.ukwire.co.uk will take you there. Pontil

Now that is a vote of confidence.....£500K of his own money.....and he does know what is going on. Pontil

Well done. Do like the doubling of operating profits by end 2017. Cash pot to acquire too. What's not to like. Pontil

Well that was a great opportunity to enter again esp as yielding circa 2.5% with a recognisable path to furture growth. What's not to like. IMO

Now we know who the buyer continues to be. That's great news. IMO

Dear Boom, My broker was approached today asking if any of their clients wanted to sell any FEN as they had buyers!, Bullbearing report reads well. Happy days. Pontil

Dear Boom, this is a great play, Presently FEN pass value to other players which with this acquisition they will be able to retain in house and hence boost GP. What is unclear in the RNS is the size of FIMS ( Funds ) now under FEN control with the acquisition. Previously circa £640M....how much closer are we to the £1Bn prize? IMO. Pontil

What is significant is that the ex CEO of Alere, Ron Zwanziger had bought even more shares at circa 1.5M for 22p. He is mentioned in earlier RNSs as being a potential new Chairman. He has a major shareholding 7% + and he is seriously connected in the industry. This is an extremely positive sign. IMO, DYOR.

What is intriguing is that Jin Jing appear to be specialist in glass and glass derivatives manufacture; they covered the Bird Nest in Beijing with their glass and many other equally impressive projects. I wonder how their competitors will view this? And why EKF specifically? Happy to see this one roll out.

Boom, I had a look at it yesterday having noticed the price was up. I think it is just a continuation of good results and it shows they have a growth plan. If they can bring in circa £100mil pa of new business in 2017 then it becomes worth a lot of money. Anyone looking to take it over would be looking two years ahead to see what is in the pipeline and so their current plan should increase what anyone is willing to pay. Imo dyor

Great to see increase to £640M....investment in business development paying off. IMO

Boom, sorry I should've commented earlier. The earn out the directors have is a % of the total sale price and of course rises as the offer increases too. An interesting dynamic. The extra value by being taken over exists in the release of fees for the management of the £600M FUMs and consolidation of back office costs. With 99% clients retention they's be mad to touch the front of shop and professional service offered. Either way we either see a rising dividend payout or someone will want them. IMO.

So it was old man Frenkel who has sold. Who bought the other 1.8M? If a new investor, 1.8M just below notifiable 3%. We'll see.

Boom, their structured settlements business is why I invested in FEN when they first floated. I remember the share price tanking in 2009 and thought well here is a chance to get in at/near the initial float price so doubled up. A few of my network have invested too and are all sitting on great profits. As I said a great company. I see we also share an interest in SCLP. Not long there too. All IMO.