Essentially Share Discussion Threads

[aspex] 10/11/2009 09:11

From 2.3p to my 10p target including the dividend is OK by me.
Sayonara.

Taken out go to


for Chime

Bye!

[aspex] 28/10/2009 08:00

85%+ acceptance.
Current Chime price values these at 10p which is very close to my original 11p target to sell.

[aspex] 08/10/2009 19:46

The rising price of Chime is making these even more attractive.
Offer now confirmed from my broker.

[aspex] 22/9/2009 07:48

Offer value is 8.06p plus the 0.36p dividend.
Exactly 6 months since I paid 2.3p!

[aspex] 24/8/2009 20:24

Looks like my question is possibly answered.

[aspex] 24/8/2009 08:53

Someone just paid over the odds (4.75p)
Or do they know something?

[aspex] 29/6/2009 07:53

A very positive annual report with much more certainty of both revenues and costs.
What is it worth now?
6p soon.

[aspex] 12/5/2009 23:28

Renewed interest. Hope it continues.
My buy at 2.3p looks a bargain now.

[masurenguy] 14/4/2009 19:33

No news since the profit warning in the TU issued on Dec 1st - since the six directors collectively spent around £47k buying circa 850k shares at 5.5p about 4 months ago - hardly betting the farm ! The share price has since dropped a further 60% to 2.25p.

After further dilution for acquisitions, the market cap of the company is roughly 20% of what it was on admission to AIM nearly 3 years ago. Without any further trading update in more than 4 months, it is difficult to determine an investment criteria even at this ATL share price !

[aspex] 25/3/2009 08:29

It is time to dip a toe in the water, I believe.
Directors bought heaps at 5.5p in November.
Since then they have negotiated additional contracts including handling publicity for the NZ All Blacks for all overseas business. That must be good with the lead into the 2011 World Cup if nothing else.

[bygadsir] 04/10/2008 21:06

ESN is being tipped by RHPS this month.
DO NOT BUY ON MONDAY - wait until the
dust settles and then buy up to 9 pence.

bygadsir

[bach is dead] 15/9/2008 09:05

current pe of 4x no doubt fall further going forward

focusing on blue-ribbon sports ie posh middle class cashed up sports like cricket, rugby union and F1 where all the participants have the free cash to splash

[cambium] 15/9/2008 08:59

good set of results

[mylands] 15/9/2008 07:37

With all the doom and gloom around, here is a company with something to shout about!.

Good set of interim results announced this morningt. The outlook looks very promising.

Half-yearly report

Immediate Release 15 September 2008

Essentially Group Limited
("Essentially", "The Group" or "the Company")

Interim Results

Financial Highlights

* Earnings before Interest, Tax, Depreciation and Amortisation up
265% to £1,030,000 (£282,000 in the period to 30 June 2007)
* Turnover up 240% to £5,901,000 (£1,737,000 in the period to 30
June 2007)
* Profit before tax* up 224% to £749,000 (£231,000 in the period to
30 June 2007)
* Profit after tax* up 167% to £406,000 (£152,000 in the period to
30 June 2007)
* Earnings per share* up 36% to 0.30 pence (0.22 pence in the
period to 30 June 2007)
* £6.0m of new equity raised in May 2008
* Cash on the balance sheet £7.92m and a debt position of £8.86m,
with a net debt position of £4.46m taking account of funds
collected on behalf of clients

*excluding amortisation, loss on disposal and notional interest on
deferred consideration

Operational Highlights

* Acquisition of Sportseen Limited in April 2008 for a price
(including costs and net of cash acquired) of up to £9.0m for an
EBIT contribution of £1.6m in 2009
* The cricket revolution through Indian Premier League T20
continues to create revenue growth opportunities in one of our
key sports
* Acquisition of Arundel announced on 2 September 2008 for a
maximum consideration of £325,000
* Contracts in place with regards to key sporting events in 2009
including Ashes, IPL T20, Lions Tour, and IRB Rugby World Cup 7's
* Opening of an office in Japan developing both sports marketing
and athlete management presence in relation to rugby related
opportunities
* Successful integration of acquisitions bringing cross selling
benefits across the Group
* Launch of a memorabilia business, leveraging relationships in
Rugby, Cricket & F1
* Two key hires in hospitality sales to support event creation and
ownership strategy
* Plans finalised to open an office in Dubai in early 2009,
co-ordinating with the Rugby World Cup 7's

Outlook

* Attractive growth rates in the sports industry in general and in
the underlying sports in which Essentially is focused - cricket,
rugby union, and F1
* 2009 is a very exciting year for our chosen sports:

* The ashes will be played in the UK
* IRB 7's World Cup in Dubai
* Lions' tour to South Africa
* ICC Twenty 20 World Cup in England
* Continued expansion of the F1 season

* Strong finish to 2008 with Autumn rugby internationals and
resulting revenues, IRB and PCA events, and IPL related activity
* Board confident in Essentially's delivery of market expectations
and strength of its strategy for 2008, 2009 and beyond

Commenting on the interim results Bart Campbell, CEO of Essentially,
stated:

"Following a transformational year last year, trading of the enlarged
group is very satisfactory. We have continued to broaden our
services to our clients in our core growth sports, whilst maintaining
strong organic growth across the Group"

[argy2] 15/9/2008 07:29

Much as expected, long may it continue.

[aspex] 15/9/2008 07:17

Generally up about 250% at the half year!

* Earnings before Interest, Tax, Depreciation and Amortisation up
265% to £1,030,000 (£282,000 in the period to 30 June 2007)
* Turnover up 240% to £5,901,000 (£1,737,000 in the period to 30
June 2007)
* Profit before tax* up 224% to £749,000 (£231,000 in the period to
30 June 2007)
* Profit after tax* up 167% to £406,000 (£152,000 in the period to
30 June 2007)

[aspex] 02/9/2008 09:11

About time for some good news.

[aspex] 15/4/2008 09:33

Essentially - Global Sports Management

see: