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ZTR Zetar

294.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Zetar LSE:ZTR London Ordinary Share GB00B053B440 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 294.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 294.00 GBX

Zetar (ZTR) Latest News

Real-Time news about Zetar (London Stock Exchange): 0 recent articles

Zetar (ZTR) Discussions and Chat

Zetar Forums and Chat

Date Time Title Posts
12/12/201209:14Zetar plc351

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Zetar (ZTR) Most Recent Trades

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Zetar (ZTR) Top Chat Posts

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Posted at 04/12/2012 19:12 by jeff h
GP:-



Effective Date of the Scheme = 30 November 2012

Latest date for dispatch of cheques and settlement through CREST for Cash Consideration due under the Scheme = within 14 days of the Effective Date

....so approx Fri 14th December I reckon.
Posted at 18/10/2012 22:30 by valhamos
Muangsing

Yes. If the scheme becomes effective your shares will be cancelled regardless and you will receive the 297p per share.

See this extract from the scheme document:

"Whether or not certain Zetar Shares are voted at the Court Meeting or the General Meeting, if the Scheme becomes effective those Zetar Shares will be cancelled pursuant to the Scheme."
Posted at 08/10/2012 14:09 by blobby
Hi Exbroker,

I think sets mm is a topic for another time and place, I don't know why it is suddenly relevant here.

However insider trading has most likely raised its ugly head in the last few days. I would like to see the authorities check up on all those involved in trading including miked500 following this post:


miked500
6 Oct'12 - 13:13 - 325 of 337

German foods group Zertus agreed to buy UK-based chocolate maker Zetar Plc (ZTR.L) in a 43 million pound deal that gives the group its first inroad into the British confectionary market.

Zertus will pay 297 pence per share for Zetar, which is listed on London's junior AIM market, a price that is around 26 percent above Zetar's Thursday closing price.

Zetar makes chocolates and snacks under licence for media brands like Disney (DIS.N) and Hello Kitty, drinks brands such as Baileys and food brands like Marmite and Branston.

It listed in 2005, hitting a high of 590p in 2007. However, it lost 70 percent of its value during hard economic times in 2008 and has struggled to recover since then.

In 2012 the company reported adjusted pretax profit of 5.5 million pounds on sales of 128 million.

Zertus, which was founded in 1826 and owns the Dextro Energy and Loser wafer brands, said it would pay for the acquisition out of its cash resources

Think they have bought this on the cheap, but i cannot grumble only bought back on XD day, as it seemed odd to rise after going XD and the chart was breaking out. Wish the MM's had edged it up Friday as i may have had a few more. Still 3000x60p for 3 days is ok, but think the co could have regained 500p within 2/3 years. Interesting co taking them over, been around a while! - 1826.
Posted at 08/10/2012 08:54 by che7win
Bye bye ZTR, I'm out. 3p dividend still to come :-)
Posted at 06/10/2012 13:13 by miked500
German foods group Zertus agreed to buy UK-based chocolate maker Zetar Plc (ZTR.L) in a 43 million pound deal that gives the group its first inroad into the British confectionary market.

Zertus will pay 297 pence per share for Zetar, which is listed on London's junior AIM market, a price that is around 26 percent above Zetar's Thursday closing price.

Zetar makes chocolates and snacks under licence for media brands like Disney (DIS.N) and Hello Kitty, drinks brands such as Baileys and food brands like Marmite and Branston.

It listed in 2005, hitting a high of 590p in 2007. However, it lost 70 percent of its value during hard economic times in 2008 and has struggled to recover since then.

In 2012 the company reported adjusted pretax profit of 5.5 million pounds on sales of 128 million.

Zertus, which was founded in 1826 and owns the Dextro Energy and Loser wafer brands, said it would pay for the acquisition out of its cash resources

Think they have bought this on the cheap, but i cannot grumble only bought back on XD day, as it seemed odd to rise after going XD and the chart was breaking out. Wish the MM's had edged it up Friday as i may have had a few more. Still 3000x60p for 3 days is ok, but think the co could have regained 500p within 2/3 years. Interesting co taking them over, been around a while! - 1826.
Posted at 05/10/2012 17:50 by blobby
Yes a bit of a surprise. As far as I can see Zertus are a regular company (German) and not an insider stitch up.

I do think this is a terrible bargain. I was expecting a profit before tax of £6 million next year which on a p/e of 10 would imply a share price of £4.50 rather than the £3.00 offer. However the market didn't think so and hence the low share price and the chance of a takeover.

But then, the debit makes a difference to this calculation so perhaps it's better than I first thought.

So how quick will this go through and what to spend the money on?
Posted at 03/10/2012 09:24 by che7win
I think there was an article about ZTR in current issue of Moneyweek.

I did want to accumulate more here but glad to see it rising.
Posted at 18/7/2012 10:19 by aleman
I've been monitoring and will continue. Add £3.4m back to cashflow and debt to account for Easter moving and the improvement is only modest. I make capex adjusted underlying free cashflow of around £2.8m, leaving about £2.3m after the dividend. THat means debt can fall and dividends rise so the share price look okay but leaves little spare to fight off any more commodities price spikes. They could do with thicker margins and a bit of growth. I don't think they're bad value, just not enough to tempt me yet.
Posted at 18/7/2012 08:56 by che7win
Have to say, having read through these results more fully, these are an absolute bargain to me, I would expect A share price of 275p to be achievable this year, if I had spare cash I would be buying more.
Posted at 27/2/2012 14:00 by theglade
"net debt remains in line with current market expectations"

so no reduction then! still £27 million +

knock out the intangibles - they have a net worth of £15 mill ish - market cap is £24 mill -

current share price nudging along a two year low

share price too high for me
Zetar share price data is direct from the London Stock Exchange

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