Ebiquity Share Discussion Threads

[russman] 14/4/2019 17:03

At least cashflow was better than expected.

[jadeticl3] 19/2/2019 11:23

Have to say that this is an investment disaster. I have no confidence that the management know what to do, so the most likely route is down and out. This is one of my worst investments over many years.

[p1nkfish] 19/2/2019 10:33

T Rowe Price reduced. Another seller in background. Just have to wait a while longer as it's going nowhere fast but probably buffetted by drps of sales into tax loss period.

[russman] 12/2/2019 11:32

Big change with the sale. Lets see how the financials bed out.

[allonblack] 12/2/2019 08:33

CEO not pricing properly and has positioned the biz as an auditor rather than a value creating process that is essential. Rev growth should be 20pc and google should be centre stage in their strategy.

[russman] 11/2/2019 15:15

I await the results. Still think EBQ has unfulfilled potential.

[allonblack] 22/11/2018 15:53

The downgrade is about 10pc and one broker new to market making the stock spivved it down 40pc. 5x pe.

[p1nkfish] 22/11/2018 10:22

It was as much a distraction as they wanted it to be. Soon see what mettle they are made of when no excuses.

[allonblack] 22/11/2018 09:49

As I understand it the deal price is legally binding. The bigger issue has been it was a distraction and I can see that. The clear point here is new leadership or a sale of the company is the best way forward.

[p1nkfish] 22/11/2018 09:08

A long turn around. Once sale is done and dusted there will be nowhere for management to hide behind as an excuse. Let's see if the original sale price is achieved, haven't checked if it was renogiable. Someone needs to take command of the bridge rather than it being a complete slave to the waves.

[allonblack] 22/11/2018 08:42

When will the Chairman ask this CEO to step aside and let someone else have a go. He has destroyed so much value. Too analytical and not a rainmaker.

[p1nkfish] 11/10/2018 07:17

Helps a few uncertainties and should benefit the forward look. Sale, debt, funding of growth, future margin and attractiveness of EBQ as an acquisition target. What's not to like.

[eentweedrie] 11/10/2018 06:42

great news

[p1nkfish] 04/10/2018 16:52

Yes, looks and feels good.

[allonblack] 04/10/2018 14:55

In fairness I dont think there is any stock to buy. The operational turnaround in h2 and debt extension are teeing us up for a big gap higher on a positive cma announcement.

[p1nkfish] 04/10/2018 06:18

About time, better than nothing but pretty paltry from the bus driver. More skin in the game please Mr Karg. "Michael Karg, Chief Executive Officer and an Executive Director of the Company, bought 18,160 Ordinary Shares at a price of £0.52 per share.  Following this transaction Michael Karg is interested in a total of 18,160 Ordinary Shares representing 0.02% of the Company's issued share capital and 0.02% of the Company's total voting rights."  

[p1nkfish] 02/10/2018 09:40

Yes. Agree. He's there to check reality is as appears.

[allonblack] 02/10/2018 07:50

I think the cfo got the boot for a poorly managed bullet loan deadline in September. I also think there is a view that the CEO is not commercial enough. He has saved his skin for now by a forecast that h2 revs for Media and Analytics divisions will be higher in h2 so next year forecasts going to 77m with cashflow of 7.5m.If the cma approves and we get a trading statement in November which this guy can approve to the board then the shares will be 100p and the company will be sold.If the cma block then he will deliver the cost savings to the board necessary to get cashflow to 7m. Either way the troops have arrived and this is what we have wanted. His experience I think shows how seriously the board take the covenant situation. This implies CEO on last legs too. All good.With central costs of 7m it can be sold long before debt problems arise. This guy is there to give the nod that the numbers add up.

[p1nkfish] 02/10/2018 06:53

Some change is coming - merger, acquisition, debt address through some financing. It looks like McNair has some specialisation in managing through periods of rapid change. Sometimes that results in a wind-up. CEO & COO capabilities, might make a new CEO. Interim, so perhaps I'm a bit trigger happy. It does sound like a tick-up is needed and the fact he will be on the BoD as full executive is interesting - either he could hang around after being interim CEO, he won't remain interim, or there is another role waiting at EBQ after interim CFO. CEO?

[p1nkfish] 02/10/2018 06:43

Some implication that he has a background of arriving when there is need to tidy and/or secure financing and sometimes results in winding up once creditors satisfied etc. There are a few instances with his name. May be a complete coincidence of name and function. Angel appointment. "I am delighted that we have been able to strengthen our team through the recruitment of Kevin McNair, who is already contributing significantly to the task in hand regarding future financing of the Company." Rame appointment. "Kevin's experience in capital markets and the resources industry is highly relevant to Rame and we are delighted that he is joining us.  As our diverse portfolio of power projects matures, we will need to find a variety of creative ways to finance individual projects in order to maximise value for shareholders. Kevin's city-focused expertise and broad network will be highly beneficial in achieving this." First AIM appointment appears NUOG.

[p1nkfish] 02/10/2018 06:31

Wonder if this is the same Kevin McNair that was CFO of Rame Energy, Angel Mining & others. I ask because background appears resource tilted and unfortunately called in where finances were an issue and administration resulted. Examples below but not exhaustive. Now, might the existing CFO be stepping down due to some problems and McNair, with experience of tidying up, be called in? "In addition, Mr. McNair was appointed a Director of Boxwood Group Limited on 1 April 2003.  On 15 December 2005, the business and assets of Boxwood Group Limited were acquired by Boxwood Limited as part of a pre-packed administration. ; There was no shortfall to creditors. Mr. McNair was appointed a Director of Certainty Group Security Services (Holdings) Limited on 31 October 2002 and resigned on 1 December 2005.  The company was placed into administration on 1 May 2006 as part of a larger group restructuring.  There was no shortfall to creditors. Mr. McNair was appointed a Director of Angel Mining plc on 24 May 2010.  The company was placed into administration on 1 March 2013." This makes me a little more cautious.

[allonblack] 01/10/2018 11:54

CEO: "The first-half revenue performance of the Media, Analytics and Tech practices together with a strong pipeline, provide confidence of an improving revenue and profit performance in the second half of the year."These two divisions did £35m in revs in h1. If he means up hoh in h2 then as we get into 2019 and post disposal the new group could have 75-80m in revs and a 11-12pc margin.Its this that has thrown the CEO a lifeline. If he is saying the biz grows again in H2 then there is an up turn at hand.50p offered and soon to be 100p then a take out.