Aeorema Communications Share Discussion Threads

[clocktower] 10/11/2017 13:44

I checked the website Boffster and have seen the updated list of major stakeholders.

Moving on, the is a big jump in commitments in lease payments: 2016 - £106,167 2017 - 197,167 - So over £90k there alone to cover going forward.

Group Trade and other receivables: Down over £150k between 2016 and 2017 - not a good trend.


Group Trade Payable rocketed from around £663K to £1,012,687

Just the above is enough to be pessimistic let alone other concerns at this moment in time.

[boffster] 10/11/2017 12:12

Clocktower, I feel you are being overly pessimistic about the company. The current mcap is barely equal to the cash balance! But each to their own.

An updated list of major shareholders can be found on the company's website.

[tiswas] 10/11/2017 12:02

There have been a number of RNSs showing the new shareholders.

Looks good but for the disappointing dividend. But I do not mind that if the new management can use the cash wisely so as to increase the share price

[clocktower] 10/11/2017 11:40

The accounts are not as bad as I expected but I cannot think why the major stakeholders sold out so cheaply, bearing all factors in mind (like the cash pile). It is disappointing they have not declared the list of major stakeholders at the same time as the accounts, although they say they have a spread of new investors that took up the stakes sold.

Let us hope they use the cash wisely and do not squander it away, that being the concern going forward. Sub 20p still on the cards though, as they may raise more cash to fund any purchase and dilute current PI`s.

[tiswas] 02/11/2017 11:27

Anyone heard the date for the AGM?

[clocktower] 19/10/2017 15:03

A decent buy gone through today. I too would have been miffed in your position ramas.

[ramas] 21/9/2017 19:03

Frustrated at not being invited to participate in the placing .com

[clocktower] 21/9/2017 15:34

All in hiding even though the share price is moving north nicely once again. :-)

[clocktower] 21/9/2017 14:23

So were up and off once again, so folks that was unexpected but the trades at around 18 - 22 were pretty much on target. The reasons for the sudden sale were not very clear but it also seemed like a gift to certain current employees.

Upwards and onward I now expect.

Good Luck all.

[tiswas] 18/9/2017 14:46

A few more rns holders coming out of the woodwork. I assume the spreadex one means that a number of individuals have no more than 3% each?

I wonder how many will be tempted to take a quick turn on 18p?

[wskill] 18/9/2017 10:12

Is this RNS today mean we have another substantial holder or has he been building up his holdings with the recent sell from the outgoing management

[ramas] 13/9/2017 20:06

Back on the radar as a potential growth stock , nearterm however I'll be watching for the price to settle ,buy 18 sell for 22p there will be some arbitrage in play ... CT may well get his 20p shares

[tiswas] 13/9/2017 19:03

That was an extremely bullish second rns. I have high hopes for this one.

I guess they will want to hold on to cash for expansion plans so maybe 1p div this time?

[lady liz] 13/9/2017 17:27

Where is CT? Seems he was right to wait for 20p,bit concerning that they sold at the 18p.

[glasshalfull] 13/9/2017 16:34

Tiswas- Sorry my bad. Believe it was internal investment in Cheerful Twentyfirst.

Yes, I was merely remarking that underlying PBT in the £400k-£450k ballpark once payoffs & one-off expenditure washed through the business.

Kind regards
GHF

[tiswas] 13/9/2017 14:50

Hi GHF

What systems are you referring to? I cannot imagine much volume goes through any of the accounting functions.

I guess the new board guys will get an increase and they may have to pay off the contracts of the departees?

I still think it is good value though, amazed that they accepted 18p when cash is circa 12p per share and the placing was done at the drop of a hat.

[glasshalfull] 13/9/2017 14:37

Positive t/s to accompany the sale of entire 38% holding of departing CEO & Dep Chairman.



Cash also exceeding £1.2m versus £2.2m market cap.

So while PBT is expected to exceed £200k for 2016/17, the outgoing Peter Litten & Gary Fitzpatrick received salary & pension contributions totalling £150k last year.

I believe the company has also undertaken some capital expenditure this year, a one-off.

All considered underlying PBT may be closer to c.£400-£450k for a business with a current Enterprise Value of £1m.

New management also aligned to shareholders with 30% stake in the business.

Kind regards,
GHF

[boffster] 13/9/2017 13:28

Certainly a 'double-edged sword' kind of announcement. While recent trading would appear to be encouraging, one has to ask why two directors & major shareholders should sell their holding at a 'fire sale' price.

[tiswas] 13/9/2017 12:36

Boffster

I share your frustration.

The funny thing is I sent the following email to Gary only this morning.

Good morning Gary

Trust this finds you well.

I have mentioned before that the company is extremely frustrating with regard to the long periods of "radio silence" where us poor shareholders do not have a clue as to how trading is going.

Yet despite the rather negative last trading update you are tweeting more positive news via Twitter.

Cheerful Twentyfirst‏@Cheerful21stSep 9

A frantic week of pitching and it's finished with news that we've won the first one! 👍" title="Thumbs up sign" aria-label="Emoji: Thumbs up sign"> #pitch #win #goteam #newclient #eventprofs

Is this news then not material in that it does not require an RNS to inform all shareholders? Can we perhaps expect an RNS that activity is picking up?

I did not mean him to take such offence that he resigned!

[boffster] 13/9/2017 12:28

As a 'chronic' shareholder in the company who is known to the board, I can say that this announcement is as much a shock to me as anyone. Disappointed at not being invited to participate at 18p..

[glasshalfull] 13/9/2017 12:15

PJ1 - You have mail.

Kind regards,
GHF

[tiswas] 13/9/2017 12:02

Like that?

My useless effing dealer missed the boat at 22p whilst I was holding on the phone!

[pj 1] 13/9/2017 11:44

Might be worth waiting to see if this news unsettles any current Holders. Then again it could have the opposite effect. Best not to rush in imo, wait for a more positive chart

[tiswas] 13/9/2017 11:40

I wish I had the chance to take some at 18p. I think this is going to be a good catalyst for growth.