Electric Word Share Discussion Threads

[euclid5] 27/6/2017 07:39

£13m div 408m shs = 2.8p in cash so offer is just 0.0113p per share not really 3.93p if you deduct the cash

[euclid5] 27/6/2017 07:34

Thought ELE already had £13m net cash in the bank - so being sold off for £3.5m only - a nice move for the co buying us out, giving them a nice £13m odd cash - another AIM shambles

Under the terms of the Acquisition, Electric Word Shareholders will be entitled to receive:

for each Electric Word Share 3.93 pence in cash (the "Offer Price").


· The Offer Price values the entire issued and to be issued ordinary share capital of Electric Word at approximately £16.58 million.



____________ _____________________________________________________________________

£13.9m net cash inflow from disposals, leaves the Group with £13.0m net cash at 30 November 2016

[edale] 21/6/2017 08:32

Anyone still in this. In the annual report they said they would come back to the market with what they were proposing to do re return of cash to the shareholders in the first half of 2017. If that was the accounting first half it should have been by the end of May, if calendar by the end of this month. Interesting to see if we get anything in the next few days. Will they develop the sport business or just sell that off too and close the business and return cash to the long suffering shareholders. The current share price is where it was in 2000/2001, not much to show for 16 years work.

[hybrasil] 18/3/2016 10:20

5% of the company changed hands today

[cammy3] 18/2/2016 17:41

Moving up v slowly every day

[cammy3] 17/2/2016 09:12

Yes 2p special dividend being touted

[cottoner] 17/2/2016 08:38

Still on the up.

[cottoner] 16/2/2016 18:00

Something stirring!

[cammy3] 17/1/2016 18:27

Pretty safe investment in times of uncertainty

[cammy3] 10/1/2016 16:10

If it pays out 1p that will only be £4m capital return and will still leave around £10m cash on Balance sheet.1p = 25% short term yield

[cammy3] 10/1/2016 14:02

The current market cap is almost the same as cash we have so all other investments are in for free. big re rate coming

[cammy3] 10/1/2016 14:01

"Initial proceeds from the sale of Radcliffe Publishing of GBP857k were received after period end in June 2015 and are therefore not reflected in the Condensed Consolidated Cash Flow Statement at 31 May 2015. The remaining GBP100k of proceeds are due to be paid in June 2016."

So we have currently got £857,000 at cash at bank in hand , 100k still to come pause c£13m from recent disposal

Big Buyback coming

[cammy3] 10/1/2016 13:58

Absolutely positive ecluid5. You are reading the balance sheet as at 30th June but if you care to read the financial commentary in those accounts it clearly mentions.

[euclid5] 06/1/2016 21:26

LGT Capital Partners is an award-winning alternative investment specialist with USD 50 billion in assets under management. The firm’s international team is organized along distinct business lines and manages a wide range of investment programs focused on:

Private markets,
Liquid alternatives,
Specialized long-only and
Multi-asset class solutions

this s/holder owns 4% of ele or just over 160m shares - interesting that they manage $50b also

Global reach

Since 1997 LGT Capital Partners has invested globally in high quality alternative investments on behalf of
its investor base of pension funds, insurance companies, sovereign wealth funds, banks, asset managers,
endowments and foundations.

hxxps://www.lgtcp.com/en/


hxxp://www.electricwordplc.com/aim-rule-26

96m shs in free float - nearly 77% not in public hands

[euclid5] 06/1/2016 21:23

are you sure - take a look at it's last set of accounts - bank loans due within 1 year £167k -Bank loans due after one year - £61k & net cash £239k

Interim Results to 31 May 2015

Guess they can throw off enouh cash to pay these off anyway or use part of the £12.2m to settle these loans early or they wish - but low loan figure is very good

[cammy3] 06/1/2016 21:10

It doesn't have any debt. What are you on about

[cammy3] 06/1/2016 20:32

Special divided or buyback please

[euclid5] 06/1/2016 20:25

hopefully they will pay back o/s debt & hold some funds back to allow for any future acquisitions & not have to do a placing

[cammy3] 05/1/2016 21:51

Sure. 2p would be nice

[cammy3] 05/1/2016 19:45

Not sure but the buyback should clean him down in full.

[swizz] 05/1/2016 19:37

C3, do you think NW is still the background seller?....GL S

[cammy3] 05/1/2016 09:10

Share buyback coming here once cash received

[cammy3] 04/1/2016 20:26

Yes - next stage is receipt of cash then capital return via buy backs