|Ebt Mobile China
||EPS - Basic
||Market Cap (m)
Ebt Mobile China Share Discussion Threads
Showing 951 to 971 of 975 messages
|Shares will not be valueless BUT you will find it very difficult to realise any value.
Note AXI have announced a delisting and the shares have crashed. These were profitable and paying dividends.
I, for one, am very weary about investing in smaller companies after these two.|
you seem to be clued up on the situation- i have tendered my full holding- if i have any left at time of de-listing, will they be valueless?|
|Tyran - Thanks for clarifying.|
|Barclays were corect that you will receive 6p for every share tendered, but this has an upper limit of around 20%.
You can tender for more. You may get more if not everyone puts in a tender.
They would be daft not too though.|
|E88- Barc say I can tender shares in excess of my basic entitlement, which has yet to be determined, is this the 19.9%. Sorry to be a pain but this delisting is not something I have had to deal with before so any guidance is welcome.
|spudders - yes, Barclays are incorrect. The tender offer is limited to a specific number of shares (approx. 10% of the issued share capital).
You're only guaranteed to get the tender offer price for approx. 19.9% of your shares.
If all the other eligible shareholders accept the tender offer, then you won't receive any payment for the remaining 80.1% of your shares in EBT.|
|E88- Are you sure about the 19.9%. Barclays say I will receive 6p for every share tendered. For example, if you tender 1000 shares you will receive £ 60.00 in cash. Am I missing something??|
|spudders - the tender offer is limited, which means you're only guaranteed to receive the tender offer price on 19.9% of your holding i.e. you'll receive a total of £6, not £30 ...
... which is why we'll continue to see small shareholders continuing to sell their holdings over the next couple of weeks (e.g. the 10,000, 19,000 and 10,000 sold today at 1.5p) rather than risk receiving payment for less than 20% of their shares.
better to get 1.5p per share for all your holding than the tender price for less than 20% of your shareholding...|
|Tyran - Still here,only just been notified. Hold 500 shares but I suppose £30 is better than nothing.
Anyone apart from BB (I know where he stands) have a view on current situation.|
|It looks as though everybody has left and the light has been turned out.
I thought that a delisting from AIM and a tender offer might bring some posters out.|
|The forecast of a small operating profit this year should at least give a potential bidder a much clear picture upon which to judge future potential, especially as the mobile phone market in China is extremely robust.|
|You are right Azalea. Perhaps the management of EBT are using their stores in Beijing to promote themselves during the Olympics.|
A mere £25k worth is nothing to get excited over.|
|125,000 buy at the end of today following yesterdays large buys ... something's happening ;-)|
|I was orginally attracted to EBT on the back of the article below which was from November 2007.
EBT Mobile, China's answer to Carphone Warehouse, was unchanged at 17¼p, despite signing a deal with the Chinese arm of NEW, of the United States, to provide extended service agreements to its customers. Panmure Gordon believes that this could help EBT to break even next year and that shares are worth 36p.|
|Given the holdings, J.T. will have to pay considerably more than the current share price|
|cheeky - i don't think your cynicism is entirely misplaced. i am expecting JT to make a move shortly.|
|explorer, I know about Audley. If I were being cynical, I might suggest that the share price has been walked down so that the 'premium to the share price' refered to below is significantly less (ie where we are now) than it was at the time of this info breaking (Nov 2007 when the share price was hovering at 20p)
Audley - the hedge fund run by Julian Treger, best known for his role a few years ago in UK Active Value, the shareholder action group - has built a 25 per cent stake in the company this year. It reckons the company has been undervalued by Aim and will attract a much higher rating on Nasdaq.
Audley proposes to take the company from Aim via a cash offer at a premium to the share price. It claims investors have shown little interest in the company in spite of a strong operational performance. In addition the company has strong links with US companies such as Motorola.|
|morning cheeky. there's no mystery about the suitor. dyor.|
|explorer88 ... i've been in EBT for quite some time ... on what basis are you founding your beliefs? EBT have always maintained there is a mystery suitor. (i work in the industry and have uncovered nothing) I hope you are right though.|
|silverthread - i invested in EBT today (having tracked for a long time) as i believe we'll hear positive news soon regarding a cash offer for the entire issued share capital of EBT.|