Aeorema Communications Share Discussion Threads

[clocktower] 19/10/2017 15:03:41

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

[ramas] 21/9/2017 19:03:54

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

[clocktower] 21/9/2017 15:34:10

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

[clocktower] 21/9/2017 14:23:23

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 14:46:29

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 10:12:11

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 20:06:10

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 19:03:26

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 17:27:23

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

[glasshalfull] 13/9/2017 16:34:06

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 14:50:27

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 14:37:02

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 13:28:41

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 12:36:59

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 12:28:49

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 12:15:00

PJ1 - You have mail.

Kind regards,
GHF

[tiswas] 13/9/2017 12:02:31

Like that?

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

[pj 1] 13/9/2017 11:44:00

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 11:40:46

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

[pj 1] 13/9/2017 11:33:28

I suppose a Risk is they set up again, poach customers?

[pj 1] 13/9/2017 11:32:35

That 'supportive' bit is a LOB, imo, corporate speak for 'cheerio and good riddance'

[tiswas] 13/9/2017 11:24:57

I would agree with that.

So, why have Peter and Gary sold their shares rather than be supportive shareholders. And at a recent low and at a big discount? Sounds like a major bust up.

More importantly, who has taken them and where do we go from here?

[pj 1] 13/9/2017 11:20:49

Maybe. But they also had no growth aspirations.