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| Share Name | Share Symbol | Market | Stock Type |
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| Bidtimes | BDT | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
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| 0.00 | 0.00% | 1.75 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
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| 1.75 |
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Posted at 22/3/2011 15:48 by still waiting IHUK next, OZ investors have been stake building there. |
Posted at 11/10/2010 23:47 by lbo MUMBAI: The craze among foreign investors for Indian equities is having a rub-off effect on demand for companies that plan to raise money in Europe. Four Indian companies are set to list on the London Stock Exchange's alternative investment market (AIM) in a month and bourse officials expect more in the future."For overseas investors, buying shares of an India-focused (AIM-listed) company is the best way to participate in the India growth story," said Mahad Narayanamoni, partner-corporate finance, Grant Thornton, a consultant firm that has expertise in overseas listing. "India-focused companies that are operating in sectors, like energy, infrastructure, life-sciences, clean technologies and media, are likely to attract overseas investors," he said. Companies such as iEnergizer, SKIL Ports, Caparo Energy and Photon Kathaas Productions have recently raised money from the AIM market and are likely to get listed in a few days' time. A top AIM official said that more Indian companies are looking to list there. |
Posted at 23/3/2007 16:48 by lbo All sorts of activity on the shareholder register! I see Bidtimes is now being called a "property company". Barclays Stockbrokers Limited have 6.59%, I presume on behalf of retail investors.It that Mark Clare of Barrats Developments? Did Bidtimes not buy the showhomes from them and Barrrats leased them back? |
Posted at 30/8/2005 17:36 by lbo Russell StevensRussell Stevens, a youthful thirty-something, leads a packed energetic life. As well as being chief executive of business services group Meriden, he is managing director of investment outfit Bidtimes, deputy chairman of Innobox (all of which are listed on Aim) and is passionate about the prospects of an ambitious casino project that he has helped steer for the last two years. As if this wasn't sufficient to keep even the most zealous serial entrepreneur happy, he is still in the driving seat of a Midlands accountancy practice called Hamiltons, and was, until very recently, finance director of a struggling Aim venture called MediaSquare. 'I do have a wide spread of interests' he confesses, in an almost blasé manner,' but they are not as disassociated as you might think. As in many of the things I have done, there is a considerable deal of synergy at play. And as cliched as it may seem, I am aiming to deliver shareholder in every one'. The most important and successful of Steven's ventures at present is Meriden, a 'value-added business services' venture he brought to the market in the summer of 2001 following a £650,000 fundraising. This company, in which he is an 86 per cent shareholder, consists of all the operational interests, sans the audit department, of the Hamiltons accountancy practice he started from scratch over a decade ago (the auditing department of an accountancy practice may not belong to a PLC under UK law). 'Quite simply, I reached the point where I wanted to take the accountancy and consultancy practice to a new level. So, I emptied all the business services and consultancy businesses into what is now Meriden and bolted on other interests. It seemed to be the ideal model from which to proceed'. In its present guise, Meriden provides a range of management consultancy, corporate finance, IT, marketing and recruitment services within the confines of fully serviced office accommodation otherwise known as a 'centre of e-xcellence' 'What we have in Meriden is a branded services company that enables other small and growing companies to thrive. It's about accelerating growth, acting as an enabler and a catalyst, and always promoting the brand'. His accountancy firm, Hamiltons, provides auditing and other services on behalf of Meriden on an exclusive basis (the profits made from this are routed back to Meriden says Stevens). The concept of an 'incubation centre' is of course not knew (the dotcom boom created one every second for a while), but few have possibly proved as profitable as Meriden. In the year to August, it made pre-tax profits of £609,289 on turnover of £5.5 million. The shares now trade at 30p (issue price 25p) valuing the group at a reasonable £8.70 million. As ever, Stevens is angling for more growth, although growth dictated by patience, a virtue he extols. 'We will roll the e-xcellence concept out across the UK. I am looking for suitable partners which I expect to have in place by the Spring, but there is no desperate rush'. The same attachment to slow, gradual progress is perhaps what characterizes the development of Innobox and Bidtimes, two companies that cannot, as yet, boast the kind of profits or shareprice growth as his almost wholly-owned Meriden vehicle. Bidtimes, floated two years ago at the height of the dotcom boom at 25p (and now worth 4.25p) has around £1 million in cash and a 14 per cent stake in fellow Aim outfit SRS Technology, which it acquired through the £1.25 million share purchase of another vehicle called Firefly. Says Stevens 'Bidtimes is now an investment vehicle growing slowly. It is looking for investments in companies which are capable (but are under no compulsion) to be resident in Meriden's centre of e-xcellence. It is a separate entity, but the synergies are obvious'. Bidtimes also holds a small stake in Innobox, another boom time investment vehicle whose sole asset, other than cash resources of around £745,000, is a £200,000 stake (acquired through convertible loan notes) in a company called Aerospace Composite Structures. ACS owns rights to an air cargo container that is said to be tougher, stronger, lighter and more durable than existing products. Unfortunately, events (the dotcom bubble bursting and 11 September to name but two) conspired to hamper its progress, but Stevens remains unfazed. 'There has been delays, but I would be surprised if Innobox didn't reap rewards. ACS has much potential'. As with all budding entrepreneurs, potential is always being sought. This is perhaps why, under his direction, Bidtimes has taken a stake in Blue Chip Casinos, a business Stevens and a colleague started a few years ago. 'We are basically building a chain of medium sized casino halls around the provinces. I was approached by a friend, liked the idea and put £250,000 in. It has now received investments totaling £5 million'. His big hope is that, when deregulation comes to this industry (slated to be in around 18 months) the UK will follow the French pattern, where casino sales and profits soared. 'When the change comes, we will be very well placed. It's a game with huge barriers to entry and one that could prove very profitable. The Gaming Revolution Companies: BDT LCI MRD RNK SLY TTH 28/02/2003 Casino operators big and small could hit the jackpot when the Government's radical gaming proposals become law. James Crux identifies the stocks on which to place your chips A legislative revolution is sweeping through the gaming industry. For decades, Government policy has focused on bringing gambling under strict control to limit casino, betting shop and bingo hall numbers to merely satisfy 'un-stimulated' demand. But a new set of proposals, contained within last year's Government White Paper, 'A safe bet for success' (itself a response to Sir Alan Budd's independent 2001 report) will radically de-regulate the industry. In a nutshell, this paper proposed establishing a single regulator for all operators (the Gambling Commission). It also backed the notion of non-membership casinos (at present you have to apply and wait 24 hours before becoming a member) and argued for the ending of restrictions as to where a casino could be opened. Most surprisingly, the paper supported the concept of unlimited jackpot slot machines and an increase in the number of slot machines allowed. Casinos to cash in A Merrill Lynch report 'New British Gambling Where were you when 'Budd' was published?, predicts that abolition of the 24-hour rule and more extensive casino advertising will result in 'significant growth in casino visitation numbers'. Above all else, however, the broker places greatest emphasis on the impact of the linked slot machines concept the number of slot machines per casino could rise from (say) around ten machines to eighty. Overall, Merrrill Lynch says the 'net result of these assumptions is a short threefold increase in forecast EBIT for a hypothetical provincial casino operator'. The Government's review suggests a ratio of eight slot machines per casino gaming table with no upper limit when a casino offers more than eighty gaming tables. The linking of slot machines through an established operator's casino estate dramatically boosts the possible jackpot, luring in more punters. The French Experience As you can imagine, casino operators are licking their lips and rightly so, given the explosive growth seen in the French casino market in the late 1980s after changes in the law. In a five-year time frame following the introduction of changes, the French industry achieved a fourfold increase. Some analysts suggest that the UK changes, which could be in force by 2005, might increase the number of casinos from the current 123 to around 1500. Slot machines might number 100,000! Players to back Backing this sector before the explosive growth (and the attendant takeover feeding frenzy) is complete is obviously a very alluring policy and there is a lot for budding investors to choose from. Recently resisted by its smaller rival London Clubs International, Stanley Leisure is the biggest casino operator in Great Britain with 37 provincial casinos and three in London. Recent interim figures to 27 October were excellent (the group's best ever half time figures) with pre-tax profits powering ahead 58 per cent to £23.8 million on a 30 per cent sales hike to £473.1 million. Sales in the gaming division alone rose 30 per cent to £91.5 million. Casinos drove up the figures with the London casinos in particular delivering a stellar performance. Intriguingly, Stanley Leisure has obtained a licence for the largest casino in the country at the Star City development site near Birmingham. Thanks to the Gambling Review recommendations, business will be boosted by a betting facility that will be provided on the premises. Following the interim announcement, analysts at UBS Warburg pencilled in profits of £48 million for the full year, for earnings of 25.36p, with £51 million and 26.84p shaded in for 2004. The shares trade on 13.9 times forecast earnings for 2003, falling to 13.13 for 2004. On this rating, Stanley looks nicely set up for the de-regulated era. LCI looking good Since last August fledgling, London Clubs International has been providing live entertainment and alcohol on its gaming floors. In the half to September, the company made profits before exceptional items and tax of £2.6 million, compared to a £14.7 million loss, as the London casinos yielded better win percentages and outstanding debts fell. Though Middle Eastern players stayed away from its London casinos, its Middle East casinos benefited as residents stayed at home rather than travel abroad. Intriguingly, its latest casinos at Southend and Brighton are being buoyed by a relaxation in regulations, including the introduction of live entertainment. This may provide the template for future openings when deregulation kicks in. Subject to a recent indicative approach at 25p a share from rival Stanley Leisure, the shares are currently changing hands for 20p, valuing the business at £29.48 million. Stanley Leisure withdrew an indicative offer (after it realised it couldn't meet a takeover panel deadline) and cannot bid for six months, but on a forward rating of just 5.4 times, the shares have a value feel to them, with or without bid activity. Rank leader It would be injudicious not to mention Rank Group, the massive market leader in bingo and casinos. Owner of Mecca bingo halls and Grosvenor casinos as well as an internet betting arm, it has bought loss-making phone and web betting business Blue Square for £65 million. Chief executive Mike Smith says calendar 2002 figures will hit consensus forecasts of a £200 million profit for earnings of 19.17p when they are published in February. At 234p, the shares are rated on a mere 12.2 times forecast earnings attractive given that the Blue Square deal sets Rank up as the only mainstream gaming company able to offer a 'full suite of gaming products: betting, bingo and casino games'. Attractive AIM punts Formerly cash shell XS Leisure, Top Ten boosted its bingo club numbers to sixteen after acquiring the five-strong Welcome Social Clubs for £3.15 million. Interims to 29 September showed pre-tax profits of £268,000 on turnover of £3.7 million. Bingo-specific benefits emerging from the Government proposals include the abolition of demand tests and the rule requiring membership at least 24 hours before playing bingo clubs will also be allowed to mix jackpot and other gaming machines, all factors that should buoy prospects at Top Ten. Serial entrepreneur Russell Stevens, the man behind Aim-quoted Meriden and investment play Bidtimes, has helped steer Blue Chip Casinos for the past couple of years (it's a private venture but Bidtimes has taken a stake). 'We are basically building a chain of medium-sized casino halls around the provinces' he says. Blue Chip has one casino up and running and three 'in process that should open in the next twelve months'. 'When the change comes we'll be very well placed. It's a game with huge barriers to entry and could prove very profitable. We've been approached a few times but its not the time to sell.' |
Posted at 10/3/2005 11:48 by cambium Bidtimes invests in and provides advice to growing companies in the UK. Its portfolio includes stakes in publicly traded real estate investor Innobox, electronics manufacturer SRS Technolgy Group, and Blue Chip Casinos, as well as rental propertiesBidtimes PLC said chief executive Russell Stevens has acquired 150,000 ordinary shares in the company, representing 0.86 pct, at 5.5 pence each. He now holds 1,931,332 shares, representing 11.12 pct. Barclayshare Nominees Ltd 413,290 Brewin Nominees Ltd 400,000 Individual 2,935,698 Individual 2,400,000 Individual 219,000 HSBC Global Nominees Ltd 511,926 J M Finn Nominees Ltd 2,984,200 L R Nominees Ltd 500,000 Meriden Group plc 1,301,333 Puma Nominees Ltd 316,536 Redmayne Nominees Ltd 400,000 Redmayne Nominees Ltd 373,475 12 12,755,458 Number of shares on issue 17,373,523 |
Posted at 10/9/2003 23:33 by ali_b Just asking a question of logica2me i have noticed that companies you are obviously ramping are the same companies hoodless brennan have been buying large amounts of shares at a huge discount to the normal prices to sell their clients of which i am one.I would like to point, that fact out to all potential investors of the companies you ramp and see it as though you are trying to push the prices up so that hoodless brennan clients think they are getting a good deal where as they more than usually get screwed as i am starting to find out for myself, and then dump the rest of their shares on the market and let the normal investor, sit on a huge loss.potential investors beware of all logica2me share tips.I for one believe dell314 research puts a huge dent in all logica2me tips and have noticed that logica's tips are getting fewer people buying into his investments. |
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