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BSP Brainspark

4.25
0.00 (0.00%)
27 Dec 2024 - Closed
Delayed by 15 minutes
Brainspark Investors - BSP

Brainspark Investors - BSP

Share Name Share Symbol Market Stock Type
Brainspark BSP London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 4.25 00:00:00
Open Price Low Price High Price Close Price Previous Close
4.25 4.25
more quote information »

Top Investor Posts

Top Posts
Posted at 05/3/2017 22:35 by bbr391
Now getting closer to the expected actual value.
How much extra will the Investors want .
Target between 0.4 & 0.8 .

As history decides.

And May
Posted at 30/10/2012 21:11 by bobs good eye
If I had time I'd look at who was also involved with LJ's previous projects, his partners and any other investors who made a lot of money out them. A few hundred grand (a very small investment for certain people) can pick up a decent chunk here .
Posted at 23/10/2012 07:22 by longshanks
There certainly was dumping on an industrial scale in the early part of the year and the price suffered as a result but you can't necessarily equate past performance or behaviour with current.

We have this bond holder converting but there is nothing to say that they will want to sell at any price nor that they will want to sell at all. Perhaps they may even see this as the last opportunity to get a good conversion rate prior to the share price climbing closer to NAV and for that NAV to recover too.

I bought when I saw the price as being cheap enough to make it a good punt. I still see it as cheap enough to make it worthwhile betting a few quid. Esp. now we have a seasoned investor as our non-exec Chairman who has been rather successful in ventures similar to core investments held by Brainspark.

If anything it looks to me like the BoD have done a successful "beauty parade" to encourage some investors to buy up the slack on the market. I doubt we will see 10p soon - but holding 5p and perhaps even appreciating to 7p or 8p would be a good objective for the next 6 months whilst we complete some of the pending strategic deals.
Posted at 19/10/2012 07:24 by gymfit
ok, new media spark, issued founder shares at 1p, raised cash from investors at 10p, 100p, etc and then handed it back to himself for a nice return, the investors who backed placements got fried
Posted at 18/10/2012 16:58 by scientologyweirdo
So despite claims of a NAV/per share of 30-40p per share

New Investors are getting shares at 4p

Despite claims they would not raise money at below 15p per share.

New Investors are getting shares at 4p.

Good to see the bears were right on this one.

You simply can't trust this management.
Posted at 04/10/2012 16:07 by scientologyweirdo
Key words. Please try to concentrate at the back...

"..once the shares are re-admitted to trading, it will be able to raise further funding to continue to grow its business and support its investments."

Once the shares are re-admitted.

i.e. Investors want to see how much it collapses when it comes back so they can then set a discount based on the new trading level.

So if it comes back at 2p I reckon the placing will be at 1p.

Investors will want a massive margin of safety to invest in this rubbish.
Posted at 03/8/2012 03:23 by n3tleylucas
Ok ... let's assume we are not all very s/t swing traders who are not obsessed with the here + now ... needs a huge leap of imagination, but let's try eh? ... this stock is basically about extremely cyclical Italian leisure + property assets ... and Italy is in a very nasty recession indeed ... ok ... so how does BSP survive? ... well, if BSP were simple investors, ie buy shares in firms and sit back, no problems ... passive investment requires next to no running costs ... but we are strategic, controlling, active investors! ... with that comes massive fiscal responsibilities ... ie we become the organiser/provider of capital needs ... so the key is going to be? Muddle through the tough times without exposing ourselves to massive debts! So we must manage businesses in recession mode ... can we do that? ... that is the question! ... write-downs are no surprise! some of us have been warning of them for months! The key now is simply to avoid failure ... by good management! ... batten down the hatches ... ride it out ... and when growth returns to Italy, if we still have all these assets, and not too much further dilution! We could just come out of this mess in a strong position ... I've always wondered why there aren't more takeovers during a sharp recession, they tend to come in cyclical peaks rather than troughs! ... at least we can't accuse BSP of not attempting to take advantage of lower asset values!
Posted at 31/7/2012 17:15 by marauder7
N3tleyLucas and any other intelligent ones:

"The new Board considers that a full disclosure of the consolidated value of the Company will provide investors with a complete picture of the Company going foward, and to enable them to express their opinion on the real value of Brainspark."

Parsing the above, the word "them" can only mean "investors". So dictates the rules of English Grammar.

But... but.... but....

WHY should the BoD wish to enable investors to express their opinion on the real value of Brainspark?

And in WHAT conceivable way would the investors express their opinion on the real value of Brainspark?

Perhaps by saying "Oooh! Bl00dy good value, that! A snip @ 0.4p/share!" ?

I had to check a few times to ensure this was really an RNS (it is - RNS Number: 8611I) and not a BB prank, given the inclination of some to commit forgery with RNSs.

Given the suspended status of the stock concerned, did this have to be cleared via the Nomad? If so, there are things to be done.

As to the nature of the rest of the RNS... "good grief" is a fair summary of my view.

"the additional delay to publishing the final results"

"in", not "to".

Bottom-line - contrary to PI expectations, 7 full months after the period end, there are still no audited 2011 accounts - and no declared promised/expected date for audit completion, apart from "as soon as possible".

And let's say the 9-month "bonus" consolidated (i.e., to include 51% subsidiaries) accounts take (being generous, and assuming much greater speed than has been hitherto experienced) merely 5 months to prepare from that period end (30/9/2012).

Does it mean that PIs can reasonably expect both the results (2011 plus 9-monther) only by 28/2/2013?

Or will they be drip-fed?

The hilarious part is that the MPs here interpret this RNS as good news. ;D

Personally, from my sampling of BSP RNSs, I really enjoy their humour potential. Who, if anyone, holds copyright on 'em?
Posted at 24/6/2012 20:07 by alynch
=========================
KNIGEL 24 Jun'12 - 20:51 - 2087 of 2088

How on earth do you know who is behind the "nicknames" here? How can you tell if one poster works in the city and another works in a chip shop? lol
What's more important is if the same poster continues to ramp or diss a particular company... there's obviously a reason for it

=======================

You don't know, knigel - isn't it great? Some posters might be involved in the company, others might be small investors desperately trying to raise or drop the share price by ramping/de-ramping (useless though that is) and others might be professionals paid to suck in new investors, or make them hold whilst the payee sells



Some might be the same poster, or they may not. Why get paranoid about it. What would it matter anyhow? If you've got any sense, you do your own research and don't get influenced by what this or that poster said, but what is in the company balance sheet and in (or sometimes what isn't in) the RNS.

Personally, I like that you don't know if someone's a big investor, or taking a punt. They might be betting their whole life savings (hope not) or they really might not care whether they lose the money or not.

I read the boards to know what is being said, both positive and negative, but also because I enjoy the gossip and banter, which has the benefit of mostly being focused on the company. I wouldn't buy or sell because of anything said on the board (no offence Loverat, but until I hear your theory, I'm not convinced :-) ) Would you?
Posted at 07/4/2012 10:08 by share_shark
Courtesy of a poster on iii. Shark_ and no it is not I.

It seems people when they DYOR dont "DYOR". Reasons:

BSP have debts to pay off. They could not make the cash call for their end of Q4 payment - remember. They had to goto court, despite owning ALOT of assets, they are not that liquid. The firm did well, clearling some, and having the bulk of the remainging 6.5m agree to continue. Payments were made

But remember 9th of Feb, directors brought to fill the gap. And at that point, the investors were happy at 16p as the 25m Euro deal was coming. All happy and correct.

Now the share price had been cooling towards the end of Q1, why? as the next payment was due on the remaining debt. Hence the RNS yesterday informing us, as the 25m is delayed, they are settling the growth in assets (the 51% interest etc) in stock. At a good price, around the 14p mark and some at 17p mark

You all following on LSE? as you seem very confused.

Ok so they still DO NOT have cash readily available. The cash raised before paid down on their debts. So now, the 25m despite having a slight delay, they could have

a) Tried to talk to the debtors, and explained its a little delayed
BUT
Why do that, when they had the over the top hassle of the court case before.
b) Raise more cash like before.

Now this time when going back for more money, the market knowing the loan was delayed, knew they had BSP by the short and curlys. hence could negotiate 10p...... under the share price Which is actually more the norm. The director also piled more money in. WHICH NO ONE SHOULD BE UPSET ABOUT as the guy, was owed heavy cash and expenses, but took stock at 16p himself, to enable the debtors to be paid (late) in the court case.

Thus is all rather null and void, as the 25m Euro is gigantic for this firm, and its secured. Some investors will want to see that. Hence the debts are small vs the cash, and small vs the assets owned. But BSP REMAINS in an very illiquid state, until that deal comes through.

These were for emergency cashflow to settle the quarterlys. Which has occured. Going forward with the 25m in hand, BSP will be a debt free, asset monster still trading at multiples below its base NAV. Hence expecting an update post easter, and analyst reviews. They will want to increae their share price for, yes, more investments. Today was dilutive in the fact it was loan cash, but expected. But dont confuse issueing shares for ASSETS, thats what they do. But with the 25m Euro, as planned, they can build back up the share price Which clearly the directors and other previous buyers will want, having poured cash in, a very undervalued firm, just one that doesnt have cash in hand YET. (or near term shares which they can sell when needed).

They have strecthed out, but now clearly have some excellent assets to capitalise on. Any analyst anywhere will price this as a buy.

Yes 10p was lower, the new investors pushed it down not the director (he would never get that signed off otherwise). And yeah this is a massive buying opportunity for the people that actually get it.

Some investors will hold back while they stay in the cashless state, until that 25m deal is final final. Which is why small leaches, like me, like PIs, can quickly blood suck on the back of what is a very oversold and undervalued - new (in regards to change in recent history) firm. If it carrys on low the directors will start buying back stock and taking it private anyway.

The market will catch on too late. And the share price fell mainly due to MMs gapping it down, they clearly are suppressing it. We need volumes which will come in weeks / months. expecting over 20p easily on the deal and future updates post Easter.

As always DYOR but its a pretty easy one. Just love the way people seem to ignore debt repayments.......!!!!!! its like the court issue didnt happen. Again not an issue, this is a screaming banana buy right now.

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