We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Ensor Hldgs | LSE:ESR | London | Ordinary Share | GB0003186409 | ORD 10P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 55.50 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 55.50 | GBX |
Ensor (ESR) Share Charts1 Year Ensor Chart |
|
1 Month Ensor Chart |
Intraday Ensor Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 31/3/2019 | 08:18 | ENSOR - PE of 8 and Growing Profits. Strong Balance Sheet | 75 |
| 09/2/2019 | 17:50 | esr | 851 |
| 22/12/2003 | 18:32 | Change of direction could mean it's time to buy this unknown | 12 |
| 09/1/2002 | 12:17 | It's outrageous !! | 10 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 29/11/2018 12:07 by simso Hi tiswas....seems funny seeing your name twice today, in otherwise empty chatrooms! Hope you are right about FCCN and "somebody knows something"...albeit the volumes driving the price rise are quite small.I had assumed we were complete on ESR...but hope you are right and another 2p or so is due. |
Posted at 30/6/2017 10:46 by pavey ark 23p/share received this morning.Not got the fastest post here so I take it that everyone else has their cheque. |
Posted at 19/4/2017 13:40 by shanklin Many thanks dangersimpson2It is quite difficult to believe such an unsuccessful process has gone right through to completion. Before the sales process started, operating as a mini-conglomerate, ESR was doing very nicely thank you. |
Posted at 19/4/2017 08:04 by tiswas Well done everyone on bringing this to a conclusion, albeit a rather unsatisfactory one.I just reread ST's valuation of "at least 125p per share", it is in post 417 if anyone is interested. Looks like we will end up with less than half of that at a price that is lower than the share price before they commenced the strategic review to out value for shareholders nearly two years ago. Sigh! |
Posted at 18/4/2017 09:19 by cockerhoop Tiswas,Sorry to hear that. I'll try to keep you updated. I am now in the possession of further information regarding the balance sheet bridge from Sept 16 to March 17 and whilst I don't think I'm able to post it up on the bulletin board I can confirm as DangerSimpson suggested that the goodwill on Ellard and Woods balance sheet was written down, and along with fairly sizable disposal costs and significant ESR holding company bonuses the figures now do at least stack up. |
Posted at 13/12/2016 09:06 by carcosa With an offer for Ellards already underway and an offer has received from the Harrison family for Wood's then you have to ask yourself just how much of a saving will be realised by delisting the company? The implication is that there will be a long time between delisting and final sale (if ever)But that is the problem though. They have not actually said it is a cost saving exercise. "The de-listing will improve our flexibility to complete the realisation process and reduce delay." If its such a good move then why isn't it standard practice for when other companies are wound up? And this business about "under the AIM Rules it will be required to prepare and publish a circular to Shareholders and seek Shareholder approval, which will bring delay and uncertainty to the transaction and additional costs payable to our advisers." The only uncertainty to the transaction would be if the final disposals are so blatantly cheap to be scandalous. That is highly unlikely to happen though; so this argument is hogwash. It could all go smoothly and a profit from the current share price is possible; but unless that profit was likely to be 100% upside then I don't think the risk of ultimately being shafted is worth being an investor at this point in time. FWIW I believe a realisation price of ~62p/share is likely if management do the right thing. Carcosa |
Posted at 25/11/2016 13:06 by jaf111 This just gets better and better.....yet again this is all about maximising shareholder value - and how rewarding to see the share price chart since this process was all announced....yes the shares have doubled in price.....or am I reading the chart upside down and the share price has halved!!!!Unbelievable |
Posted at 15/9/2016 15:17 by gengulphus Zimbtrader,Yes, a tender offer is basically a form of buying back shares - but one where the purchases are done off-market by a corporate action. The simplest form of tender offer is a corporate action in which a company makes a general offer to all of its shareholders to buy back their shares at a given price, using up to a specified amount of cash. Each shareholder can choose to accept the offer with regard to any number of shares up to their full holding, or not to accept it (which they do basically just by not responding to the offer at all). If the company doesn't get enough acceptances to use up the cash available for the offer, or only just gets enough, it buys all the shares for which acceptances were received. If it gets more than enough, it buys as many shares as the available cash will buy, typically scaling back the number of shares it buys from each shareholder by a factor of (shares it can buy)/(shares for which acceptances were received). There are more complex forms - e.g. a company like Ensor might offer to buy at any whole number of pence from 70p to 80p, giving shareholders the choice of which price they're willing to sell at (or even multiple prices - e.g. a shareholder who is inclined to hold out for 80p but wants to hedge their bets might choose to accept with regard to half their shareholding at 75p and the other half at 80p). That one would be processed by first looking to see whether it has received enough acceptances at 70p to spend all the money buying shares at 70p - if so, it does that (scaling back if necessary), so some or all of the shares tendered at 70p are bought at 70p and none of the shares tendered at 71p or above are bought. If not, the company then looks to see whether it has received enough acceptances at 70p or 71p to spend all the money buying shares at 71p - if so, it buys all the shares tendered at 70p and some or all of the shares tendered at 71p, in both cases at 71p/share (all shares bought are bought at the same price, regardless of what price they were tendered at), and shares tendered at 72p or above are not bought. If not, the same process is done for acceptances at 70-72p; if that still doesn't allow the company to spend all the available cash, then acceptances at 70-73p are looked at, and so on. Finally, if it gets up to looking at acceptances at the full range of 70-80p and there still aren't enough acceptances to spend all the available cash buying them all at 80p/share, then the company buys all the shares that it had any sort of acceptance for at 80p each, and is left holding the remaining cash. As with many other types of corporate action, there are doubtless many minor variations on the theme. For instance, I think I remember seeing one in the past where the scaling-back provisions said the company would favour fully purchasing small shareholdings that had been fully tendered, presumably in the hope of reducing their number of shareholders and thus their shareholder communication costs. Tender offers are IMHO a very fair way of distributing surplus cash to shareholders, as they treat all shareholders as equally as possible without compelling any of them to sell if they don't want to. But they are unfortunately also one of the more expensive forms of doing so, due to the need to inform all the shareholders and get individual responses from them - at a guess, costs are likely to be of the same order of magnitude as those for a rights issue, excluding underwriting costs in the case of an underwritten rights issue. Gengulphus |
Posted at 26/7/2016 09:28 by carcosa Shanklin: Just short of 25k Averaged a sale price of 67.5p and an overall lossSorry once again for the share price action but at least you guys can largely attribute to me; and I made a mistake. I had a negative expectation because of the planned delay in releasing the prelims and rapidly scanned reading the prelims I homed in on a phrase that confirmed my self-bias. Personally management could have been considerably more transparent on total valuation at the end of the process but trawling through these prelims I'm of the opinion that the ultimate base valuation is around 75p acknowledging that is quite some way off the 100-115p/share that has been mentioned on these boards. I hope I am wrong (again!). I do, however, think that the final realisation could be quite a few months aways. FWIW my valuation is largely based on a multiple of the profits of the remaining businesses as detailed at Companies House; albeit this year's accounts are not available as yet. Was pleasing to see they got the pension issue resolved at the lower end of their initial estimate. Should the share price fall back a tad then I'll be tempted to buy back in, if there is a subsequent tip in the press regarding the company that sends the share price above 75-80p then I'll probably sell at that level. |
Posted at 12/7/2016 11:57 by jaf111 Well the original breakup announcement was May 2015.....this process is certainly taking longer than I expected......Share price has risen today but is pretty minor when say looking at the one year chart......and go back a few months when people were talking about 115 to 125p return. The crux (and I am not sure of the answer) is whether they are getting good prices.....with the share price still well below the 115p it seems that either they are not, or the market has got it very wrong. With a small stake in ESR I hope it is the latter! |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
