Xploite Share Discussion Threads

[lplp] 06/11/2009 16:24

Still on offer at 44 so there is a large seller in the wings as well.

I must say that Xploite have been unlucky that the share price has not been given a premium on the back of what has been a well executed buy, build, grow and sell strategy. No wonder the directors are a little cheesed off and have sold shares.
Having said that they should have held on for longer.

Any other views on this?

[solarno lopez] 06/11/2009 15:06

somebody has bought 400,000 shares at a cost of £175,000 WOW does he subsribe to my theory of a bid

[solarno lopez] 31/10/2009 10:38

I agree ranosznek don't accept

[solarno lopez] 31/10/2009 10:21

The company is effectively a cash shell and therefore somewhat easier to value probably about 56/58p without a takeover premium. Other boards are suggesting a bid of 65p personally I think thats a bit toppy. However once the repayment is out of the way the company becomes a more manageable cash shell and would attract a succesful computer company that would like a listing and the cash.Alternatively the directors who are retaing a sizeable holding will get back to what they are good at and buy similar companies.

Either way it appears a good bet so perhaps we should hold the stock and stay for the ride

[desi99] 28/10/2009 20:44

can anyone advice if i should accept the tender offer or are we expecting a higher share price than 50p

[fandango] 26/10/2009 13:25

Maybe you didnt read last weeks rns fully enough? See part of it below ...



"As the Company approaches its financial year end, the Board anticipates that
Storage Fusion will considerably underperform against its own projections and
market expectations for the year to 31 October 2009 and that Storage Fusion will
record a significant loss for the period. The SRA software has, however, had
positive feedback from customers which the Board believes is testament to the
quality of the company's product.


As outlined in the circular to Shareholders dated 26 May 2009, the Board's
proposed strategy was to sell the software on an enterprise licence basis.
However, the directors now believe that this pricing level has introduced too
many obstacles to significant take-up of the product and, accordingly, the
pricing strategy was altered in July 2009, since when Storage Fusion has secured
a further 11 customers.


The Board believes that the measures adopted to date will have the effect of
reducing the cash burn of the Storage Fusion business and it remains the Board's
objective to ensure that the Storage Fusion business is cash positive on a
month-to-month basis."

[hubshank] 26/10/2009 12:41

interesting, last wk the business was in the doldrums, this wk announcing new business. Now I am getting confused (perhaps easily done) it seems slightly unethical to me to release contradictary announcements quite so close together.

[tiltonboy] 21/10/2009 11:36

Addidas,

Let's say for example that you tender your shares and get 50% away at the tender price of 50p. If my target price following the tender offer proved to be correct, then you would be left with half your original holding, with the price say 30p, leaving you with an average value of 40p. The shares were 47p to sell when I made my post this morning.

Of course, you may be able to sell more in the tender, and the price of the shares once the tender has gone through, might be higher than 30p, but had that trading update come out without details of the tender, I would be fairly certain the share price would have been sub 30p.

All IMHO, and always DYOR.

tiltonboy

[addidas] 21/10/2009 11:14

Tilton : sorry for being thick, could you please explain what do you mean by this line,"I would guess the price x the Tender should be around 25/30p, and would rather sell in the market, rather than tender and take the equity risk on the balance". From your post 1181 above.

Thx in advance.

[the_doctor] 21/10/2009 09:42

Perhaps that explains the director sales then??

The insts that took them cant be too chuffed!?

[wcjan26] 21/10/2009 09:32

what a crock. surely the point of buy/build/consolidate is to reinvest the gains?

i find it difficult to believe that they can't find suitably priced acquisitions - more like they can't be bothered with it, given that they are going to cash out 60% at 50p

[tiltonboy] 21/10/2009 08:30

Directors tendering for more than their entitlement does not augur well. On the basis of that statement, I would guess the price x the Tender should be around 25/30p, and would rather sell in the market, rather than tender and take the equity risk on the balance. Unless of course you think Storage Fusion can turn around.

[pelleeds1980] 21/10/2009 07:18

Tender offer just announced, they are offering 50p and you can tender upto 46.57% of your holding

-----

Xploite, the operator and aggregator of strategic high growth IT services businesses, is pleased to announce that it is today publishing a Circular to Shareholders (the "Circular") detailing a proposed tender offer, pursuant to which Brewin Dolphin will purchase up to 19,000,000 Shares (representing 46.57 per cent. of the Company's issued share capital) at a price of 50 pence per Share (the "Tender Offer"). Following the Tender Offer, which is available to Shareholders on the Register at 5.00 p.m. on 19 November 2009, the Company will purchase for cancellation such Shares as are thereby acquired by Brewin Dolphin (or otherwise a corresponding number of Ordinary Shares).

[birdflu] 11/10/2009 18:18

think we are in for a good week everybody.

[addidas] 07/10/2009 16:24

XPT data saving jumped from 1000 billion bytes in May to 1.7689 PB in Sep and GROWING. See below how it works....:-)), that's lot of bytes!! its Good to see SRA picking up speed!



KB MB GB TB PB EB ZB YB

KB Kilobyte 1,024 Bytes
MB Megabyte 1,048,576 Bytes
Gb Gigabit 1 million bits
GB Gigabyte 1,073,741,824 Bytes | One billion Bytes
TB Terrabyte 1024 GB, 1,048,576 MB, 8,388,608 KB, 1,099,511,627,776 Bytes and 8,796,093,022,208 bits.
PB Pettabyte 1024 TB, 1,048,576 GB, 1,073,741,824 MB, 1,099,511,627,776 KB, 1,125,899,906,842,624 Bytes and 9,007,199,254,740,992 bits.
EB Exabyte 1024 PB, 1,048,576 TB, 1,073,741,824 GB, 1,099,511,627,776 MB, 1,125,899,906,842,624 KB, 1,152,921,504,606,846,976 Bytes and 9,223,372,036,854,775,808 bits.
ZB Zettabyte 1024 EB, 1,048,576 PB, 1,073,741,824 TB, 1,099,511,627,776 GB, 1,125,899,906,842,624 MB, 1,152,921,504,606,846,976 KB, 1,180,591,620,717,411,303,424 Bytes and 9,444,732,965,739,290,427,392 bits
YB Yottabyte 1024 ZB, 1,048,576 EB, 1,073,741,824 PB, 1,099,511,627,776 TB, 1,125,899,906,842,624 GB, 1,152,921,504,606,846,976 MB, 1,180,591,620,717,411,303,424 KB 1,208,925,819,614,629,174,706,176 Bytes and 9,671,406,556,917,033,397,649,408 bits

[still waiting] 02/10/2009 22:38

a big overseas xmas party springs to mind.

[robers98] 02/10/2009 22:35

As the company year end is October, might we have some comment in the next 4 weeks about what the company is going to do with all that cash!!!

[still waiting] 28/9/2009 12:04

could XPT have any interest in NASA, same field.

[412069] 28/9/2009 12:01

I expect a drop off as usual unless that is news is due.

[robers98] 25/9/2009 16:25

Finally some life!! Anyone any ideas on the sudden movement.