Ebiquity Share Discussion Threads

[fevs] 09/9/2001 14:38

Thanx for the info, i'm glad i'm alone.

Cheers

FEVS

[fevs] 04/9/2001 15:38

Has everybody left this thread????????????????

[fevs] 31/8/2001 16:03

Tipped in this weeks SHARES magazine. They say that Elect boutique ( ELBO nasdaq) which owns 18% of EBQ reported that it dazzled wall street with it's quarterly report showing showing a 25% rise in same store sales. It also says that as a short term play in the run up to christmas elect boutique looks hard to beat. Lets wait and see.

[ivernia] 21/8/2001 07:31

Results should be due in October but I do not think that a date has been announced yet.

[chalkman] 20/8/2001 23:01

Still no reply to DocMikes question ( 189 ). Anybody have any idea when next set of results are out? Thanks in advance.

[cagedwolf] 16/8/2001 17:29

News article about EBQ on moneywhispers homepage:

[melfaraj] 14/8/2001 16:09

sorry guys, but is up again! and bollinger tell us that there is more to come in the same direction.

[darias] 14/8/2001 15:38

Kiscokid

18-25 market eh - Well that means we have to revise a market penetration 1:70 anyone.

Now if this box is so complex that advice is needed on how to operate it - well.

I have read your post and see no reason to change my view. If your read my previous posts you will be aware that I am a great fan of EBQ - just not so emotionally attached as some.

I first bought at 66 then sold at 88 to come in again at 86 and out at 1:05. Looks like I'll have to wait until I can pick up again at 66.

Still to each his own - if you think that Kisco is worth 53* current earning buy some more. I dont mind you loosing money.

[docmike] 14/8/2001 13:21

When are the next results/sales figures due to be released....?

[play2win] 13/8/2001 14:12

Darius,

1 in 35 homes; Agreed does seem unlikely, but 2 points;

1. Never underestimate the power of Microsoft who have cash to burn (30 billion USD) as Im sure you are aware. I can guarantee they will be throwing a lot of money (in gaming competition terms) at advertising to ensure the X-Box is a success, which will be peanuts to them in the grand scale of things.
2. Even if they sold 750K in the first year, which I don't think is inconceivable you can add another 100 GBP for a couple of games and accessories minimum. You can do the maths...

Re: EBQ being the only ones selling the X-Box, I had assumed that they hold onto their 30% market share therefore the presence of Dixons, Toys R Us etc can still have their 70%...

Re: Buying from stores, IMO many people including adults and kids still prefer to physically collect goods especially when they are 250 pounds. Also they like to view and play the games themselves before buying. Being both an adult and a kid, I am talking from experience...

Re: Recession, No comment from the point of view that Im not sure what the impact would be? Just hoping its not going to happen!! Although the software industry in the States and elsewhere is taking a battering at the mo, which is probably going to push us that way...

The price in the short term... Again who knows, but it has shown incredible resiliance over the last few months. At the moment just hoping it stays above the pound... Has a great tendancy to recover in the afternoon when down in the morning?

Regards...

[melfaraj] 13/8/2001 11:39

technical outlook, EBQ:

-if the share is to pick up upwards momentum, then in the short term the resistance level will be in the 100-105 p range. if the stock is to then pierce this level decidedly, say achieve 110p level then that would be the sign of a breakout after which a mid price of 150p should be on the books.

-the other scenario, is for the share to crumble down further from the current levels. the next support levels can be derived from fib, retracements, these are as follow:
93p @ 62% retracement or 88p @ 50% or 80p @ 38% retracemet.

-other support levles include 100p and 91p, with the former being the stronger support level.


canny investors can profit from this share movement eitherway.

[affinity] 13/8/2001 10:59

I think Darius has raised a lot of interesting points. I will be surprised if this share sees £1.50 sand think it is much more likely to drift back to around 80-90p short term until the launch of the new games consoles. The shares will then probably move North or South depending on the sales figures. With a recession looking likely by Christmas there may be a few empty stockings this year.

[melfaraj] 13/8/2001 09:07

ebq down this morning by more than 5%. sentement for this stock must be changing and i would advise great caution even though as yet i have not managed to glean any solid information as to the reason. remember you can always buy in again in this stock and make a handsome profit due to the tendency of this stock to take a nose dive. will keep you posted on any fresh info.

[play2win] 13/8/2001 07:11

Taking a 2 year perspective on this thread, retail sales will continue to happen, and granted internet related sales will increase over time. However, I thought I'd throw a few figures around regarding X-Box sales. Expected sales are 4.5 million - 6 million in the first year worldwide. Any idea as to the UK's share of this? at 20% this equates to approx 1 million units at 250 pounds sterling = 250 million * 30% (EBQ's approx mkt share) = 75 million sterling.

All rough figures and granted that is sales revenue not profit, but these figures will be a pretty nice boost to the sales figures that are already likely 'developing' with the sales of the Gameboy advance, Gran Turismo 3 etc...

I personally think that 1.50 isn't unrealistic by around christmas (or whenever the X-Box is likely to be released in Europe?). US release date is November the 8th).

Any thoughts?

[melfaraj] 13/8/2001 00:34

darias,

you are quite right about the competition of downloading direct from the internet. the danger,however, is not immediate and would only become a force to be reconed with once cable and other faster means of connection to the internet become prevalent.
the other issue is the fact that basically any chain of shops can sell games. and about a year an a half ago this caused a shrp drop in the share price of ebq when woolworths decided to join the fray. however it has become know that managing a large business is not that simple. any one can make hamburgers, but there is one king player surrounded by a couple of other large operators, the rest are barely noticable.

[darias] 12/8/2001 21:30

I wasn't just considering downloading games I was also thinking of buying and selling them on the net.

The games companies as providers of the product can always undercut any retail outlet and, even if they didn't, they can promote them better on their sites and a sale from their site would generate greater profit than EBQ acting as the retailer. There are not as many games as books, for example, therefore it is easier for a person looking for a game title that they want to go to the publisher. With books the buyer may want to browse and may not even know the publisher. Internet sale of games, once the public get used to buying on the net, will undercut EBQ IMO.

What it amounts to is this:

If the general public continue to buy games in the high street your comparison with the major hamburger chains stands a good comparison and it is probable that EBQ will be the top, but if the trade goes the way that I think it will - responsive television, mobile phones connected to the net as the norm and the humble PC continuing to provide easy connection I reckon games will be the sale that takes off. The people that use games are already aware of the different technologies available and I just cant see them going to the shops to buy these things.

I would compare it to Radio Shack/Tandy. A few years ago Tanday was the place where you would get your electronic equipment including computers, radio parts etc. Where are Tandy now. Still on the high street but disappearing fast. Why because the techies, which is what Tandy were selling to, now get their gear from other sources generally mail order.

[bradleym] 12/8/2001 13:24

EBQ has performed very well recently. But does it already reflect future growth?
Any comments?

[darias] 11/8/2001 17:49

Yes.

They dont rate it a buy then so why should the price increase.

A stock holder also thinks they are wrong as he is piling out now.

"The net proceeds to the company will be used to fund the company's new store expansion program and for general corporate purposes."

So they dont reckon that they can fund the store expansion programme out of loans funded from profits then!

The company is trading at 40* earnings the new stock means that there is further dilution. If the price is to maintain its current levels there will have to be a P/E increase just how high do you think the p/e should go. £1:50 is nearly 33% increase therefore the brokers and you think that the stock is worth a 53* current earnings. Hmm not seen those sort of levels since Sage went into the stratosphere.

Lets look at their stock in trade. GAMES. I agree that many people buy these things and I would even say that they are probably recession proof, dont know about the consoles though. Most people that buy them are probably computer literate and probably know how to get on to the internet. Now I know that EBQ have a web site but I get more literature from Jungle.com and amazon are still there dont you know. Besides the publishers may think hey why aren't we getting a little of the action here and will sell their games from their sites. Whilst the net gets you to a large market place it is difficult to get your stall noticed and there is a lot of competition around. Any economists will tell you that in a perfect market the profit reduces to nil and the net is the nearest that we have got to a perfect market. With that risk tell me this company is worth 53 times current earnings. I dont think so.

But DYOR.

[melfaraj] 11/8/2001 17:04

darias,

you do not mention where/how your conclusions are arrived at. where some of the biggest brokers assign a target of £1.50 and rate the share as a strong hold, do you think they are wrong?

[onaroll] 10/8/2001 22:50

Could have been a false alarm? Found this on the mf board and might help to explain recent falls.There is no negative news that I am aware of- all positive!




BW2342 AUG 09,2001 9:36 PACIFIC 12:36 EASTERN
( BW)(PA-ELECTRONICS-BOUTIQUE)(ELBO) Electronics Boutique Announces Public Offering of 4,000,000 Shares of Common Stock

Business Editors

WEST CHESTER, Pa.--(BUSINESS WIRE)--Aug. 9, 2001--Electronics Boutique Holdings Corp. (Nasdaq: ELBO) today announced that a public offering of 4,000,000 shares of common stock was priced on August 8, 2001 at $29.00 per share.
Settlement for the shares is scheduled for August 14, 2001.
Of the 4,000,000 shares, Electronics Boutique is selling 2,500,000 shares in the offering and a stockholder of the company is selling 1,500,000 shares. The offering will result in net proceeds to the company, after underwriting discounts and estimated expenses, of approximately $63.3 million. The selling stockholder also granted the underwriters a 30-day option to purchase up to an additional 600,000 shares of common stock to cover over-allotments, if any. The net proceeds to the company will be used to fund the company's new store expansion program and for general corporate purposes. The company will not receive any proceeds from the sale of the shares by the selling stockholder.
The managing underwriters of the offering are Credit Suisse First Boston and Merrill Lynch & Co. as joint book-running managers, Banc of America Securities LLC and SWS Securities, Inc. A copy of the final prospectus may be obtained from Credit Suisse First Boston Corporation, 11 Madison Avenue, New York, NY 10010-3629, or Merrill Lynch & Co., 4 World Financial Center, New York, NY 10080.
This communication shall not constitute an offer to sell or the solicitation of an offer to buy the securities under the offering.
Electronics Boutique is among the world's largest specialty retailers of electronic games through its 790 stores, primarily under the names Electronics Boutique and EB GameWorld, in the United States, Canada, Australia, New Zealand, Denmark, South Korea and Norway. The company sells video game hardware and software, PC entertainment software and related accessories and products. The company operates a commercial website at www.ebgames.com. Additional company information is available at www.ebholdings.com.


--30--ac/ny*

CONTACT: Electronics Boutique Holdings Corp.
Liz O'Sullivan, 610/430-8100
or
MS&L
Rob Shapiro, 212/213-7115

KEYWORD: PENNSYLVANIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS RETAIL ELECTRONIC
GAMES/MULTIMEDIA
SOURCE: Electronics Boutique Holdings Corp.

[darias] 10/8/2001 21:12

Veto and fevs

Just do a little technical analysis. Dont you think that these shares have just about gone as far as they can go. What are you holding for? Another 10% increase 20% or think that you might squeeze out 5%. Look just sell so that I can come in at a lower price. What yield do you reckon you will get next year. This year 0.6% next year? 0.8% the year after what? Come on give a guy a break. I can see these climbing once more. From around 60p to say £1:00 and I want to climb on board.

Came in at 66p forced sale at 88p climbed back again at 86p sold out at £1:05 and I was done by Schwab should have got at least £1:10. Not in any more. No more life in these.

But, as they say, DYOR.