Timeweave Share Discussion Threads

[francy6] 21/6/2012 21:45

craig...still a chance to buy USOP before flowrate news lol

[cgod] 15/6/2012 12:01

Henderson Global now have 15.3%

[2trying] 12/6/2012 22:15

cgod - I do hope you're right !!

[cgod] 12/6/2012 22:13

A long with buying DCD Media, me thinks.

[dealit] 12/6/2012 16:35

I have just noticed that on the 8th June Henderson Global Investments bought 4m+. The next few weeks maybe an announcement on the future of TMW.?

[cgod] 12/6/2012 13:04

Big sale just gone through.

[fairenough11] 11/6/2012 10:13

another Craven debacle?Shareholders have been stuffed since he took over the reigns.

looking bleak imo.

you were warned.

[trentendboy] 29/5/2012 09:38

Why oh why did they get into bed with Dcd. One really has to question the management.

Did they do any due diligence?

They are likely to lose everything they invested in Dcd. Why did they do this?

Heads should roll

[trentendboy] 24/4/2012 13:52

Yep. Timeweave now own 29.9% of a media company that has no link to Timeweaves current business and was in deep financial trouble.

A foolish investment of shareholder money and the reason for the fall in share price (imo)

[dealer dan] 24/4/2012 10:44

Anyone can explain RNS 20/4 ??

[yesrupnel] 17/4/2012 16:13

The RNS today seems to say that Goldman Sachs has increased its shares from 3% to 6% - potentially good news?

[cgod] 12/4/2012 14:38

We will see.

[trentendboy] 12/4/2012 13:27

No bid - that is why they went for 29.99 - not a coincidence. Sigh.

[cgod] 12/4/2012 12:51

Bid is on its way. TW now hold 29.99% of DCD after the conversion today.

[dealer dan] 29/3/2012 16:48

cgod- you need to take the shades off !! buys were 76k against sells of 230k
similar story today !!

[cgod] 29/3/2012 11:18

Yes about to take over DCD media. a lot of buying going on yesterday.

[ianood] 29/3/2012 09:43

I hope so!

[dealit] 29/3/2012 08:44

Anyone feel that there is something developing to make the share price move north.

[trentendboy] 14/3/2012 11:52

But DCD has no relation to the current business - companies should specialise.

This is an odd development

[cgod] 13/3/2012 21:44

Lads they are spending the money to make more money, DCD Media will be the first and what a buy that will be. This is the time to buy recovery stocks and not waste it on DIVIes. good luck all.

[tricia51] 01/3/2012 15:25

I'm out.
6 million divi not paid.5% of share capital going to management as incentives-5.8 mill..Nice coup but not for shareholders.
GLA

[fairenough11] 01/3/2012 15:20

I did warn you about mr.craven.

[greasynut] 01/3/2012 15:18

Todays announcement will come as a shock to those who bought in for a long term 10% dividend income stream. To completely eliminate the dividend is quite an extreme step to take in one go and I am surprised that the share price has not suffered more (early days though). Can't see much upside in the share price in the medium term as a decent fraction of the shareholder base has effectively been told to 'get lost' and that will create an overhang of people wanting to exit on any share price opportunity.

However, the company has always stated that its strategy is to invest its cash pile sooner or later, so we can't complain about the loss of cash backing the share if that starts to happen.

A line from the results states 'The decision to suspend the dividend distribution is specifically in response to an opportunistic investment environment.'
They currently have £33.4-£8.4=£25 million available cash. It would be incautious to go below £16m before the Matchbet issue is resolved, which only leaves £9m spendable. If they paid out £6m in divis it would hardly be worth the effort of recruiting a new CEO, having performance targets etc, so I can see where they are coming from. I don't suppose they will be going on a spending spree.

Having said all that I would have much preferred it if they had shut up shop and just become a pass-thu vehicle for the AMRAC cash. Funnily enough, there would probably be much more upside in the share price if they did just that.

Aside from the divi and litigation issues, the cashflow from AMRAC will remain as the main driver of value for this company in the long run. It is just that my share of that cash is going to be reallocated by management, rather than myself.
In many circumstances this would be enough to make me exit my (rather modest) position. However, at the current price the fundies look rather compelling according to my spreadsheet so I think I'll see what develops for the time being.

[grahamburn] 01/3/2012 10:06

Add to that the reference to he potential litigation which might wipe out the proceeds from Alphameric.....