Ebt Mobile China Share Discussion Threads

[britishbear] 13/3/2007 10:50

Now we know why the share price went up last week - insider buying ahead of news.

As investors we should note any similar moves and act accordingly.

Excellent news though - the size of EBT means that it will generate good economies of scale and thus good margins.

The take out price of EBT will be at a large premium as such a well located portfolio of stores will be very hard to match.

At the rate China is growing and the key contacts it already has this is looking like an really exclelent long term investment.

Hmmm. Time to top up I wonder.

[silverthread] 13/3/2007 09:16

An excellent follow through from the recent trading update. Looks like a great deal with Motorola, extending and accelerating EBT's expansion across China.

Our patience is being rewarded.

[tyranosaurus] 13/3/2007 08:39

This news is just what the doctor ordered for EBT.

[hattori_hanzo] 13/3/2007 07:39

You've gotta luv it when a plan comes together.

Excellent deal. Excellent leverage.

[azalea] 13/3/2007 07:32

This is a great deal for EBT and should in the near term propel its share price into the high thirties.

[ursamajorra] 13/3/2007 07:24

Ebt Mobile China Cooperation with Motorola


RNS Number:8210S
EBT Mobile China PLC
13 March 2007



For release at 7am 13 March 2007


EBT MOBILE CHINA PLC
("EBT Mobile" or the "Company")

STRATEGIC COOPERATION WITH MOTOROLA

EBT Mobile, a leading China-based retail chain selling mobile phones and related
products and services, is pleased to announce that its Chinese subsidiary, EBT
International Trading (Shanghai) Co. Ltd, has signed an agreement with Motorola
China ("Motorola") to open Motorola-branded kiosks and shops in China.

The agreement will authorise EBT Mobile to open Motorola-branded kiosks and shops
in China, ranging from 10 to 60 square meters per site, to promote Motorola
products. EBT Mobile expects to add at least 50 of these stores to its current
portfolio of 233 stores within the next 12 months. This agreement reflects and
further enhances the longstanding and successful cooperation between EBT Mobile
and Motorola, the second largest mobile phone manufacturer in China.

Zhang Ge, CEO of EBT Mobile said:

"EBT Mobile is delighted to have signed this agreement with Motorola, one of our
most important partners. The arrangement with Motorola allows EBT Mobile to
offer a more sophisticated retail experience. Combining EBT Mobile's quality
service and Motorola's latest product displays will provide an enhanced shopping
experience which we believe will allow us to sell more value-added services over
time."


For more information contact:


Terry Garrett/ Stephanie Badjonat/ John Moriarty
Weber Shandwick Financial 0207 067 0700

Aubrey Powell/ Giles Stewart
Panmure Gordon (Broking) Limited 020 7459 3600


About EBT Mobile China plc

EBT Mobile China plc is a leading Chinese mobile phone and wireless services
retail chain selling mobile phones, airtime, and other wireless products and
services. Headquartered in Shanghai, as at 28 February 2007, EBT Mobile had 233
stores in 22 cities, including Shanghai, Suzhou, Nanjing, Hangzhou, Ningbo and
Wuhan. Its mission is to become the leading "end to end" multi-platform retailer
of wireless products and services in China, the world's largest market for
mobile phones and wireless applications and content. Working with leading
industry partners such as China Mobile, Nokia, Motorola, Carrefour, Metro,
Auchan and Lotus, EBT Mobile focuses on superior product offerings, convenience
and service, as well as objective advice and outstanding customer support.


This information is provided by RNS
The company news service from the London Stock Exchange

END
SALQXLBFDXBXBBK

[silverthread] 12/3/2007 10:23

This seems to be following a similar trading pattern to one year ago, when the share rose sharply following the Feb trading statement. So we should have some way still to rise.

Plus The situ is somewhat different this year: EBT has now established a much bigger retail footprint and is showing much greater revenue streams. From the recent trading update:

"Sales (excluding VAT) during the holiday period were 52% ahead of those in the
2006 holiday period, and same store sales were up by approximately 9%.

EBT Mobile had 221 stores operating during the 2007 Spring Festival period,
compared to 117 stores during that of 2006."

There is also now an increased holding amongst institutions.

We have also got shot of the shenannigans concerning the 8 million shares overhang from the non-exec departing suddenly in the Autumn 2006.

All seems rosy for a sustained period of consistent share price rises, IMVHO.

[hattori_hanzo] 12/3/2007 08:53

It looks to me like we've completed the descending wedge pattern and broken out of the long term downtrend. I'm in for some this morning at 28.5p:

[azalea] 09/3/2007 20:58

Hyper AI

Read RNS 0744R dated 12/2/07.

[hyper al] 09/3/2007 18:51

What assets do they have?

All the units appear to be rented space. Do they have any shops?

[silverthread] 09/3/2007 17:43

Grippa, I think you will find it was Igoe who made the 1000% growth prediction. While I agree with his sentiments, such numbers can become a bit of a noose round one's neck.

Still a nice rise today based on some large volume buying. This seems to have been happening consistently over several weeks, and is from institutions based on the most recent RNSs. This is good, since they are likely to hold for a sensible period of time, rather than day trade.

By my 'very crude' listing of institutional holdings, I calculate that 7 institutions hold a total of at least 119.5 million shares (i.e. approx 57%).
I only started tracking institutional holdings since the middle of last year, so other institutions may have purchased earlier.

I'm not sure whether institutions holding 57% of the shares is high, normal or low for this kind of company. But it gives me a warm feeling knowing that there are some big investors with faith in this company - especially following the very positive trade updates over the past 6 months.

[grippa] 09/3/2007 16:48

I think we have broken through the downtrend in place since September 2005 with the close at 27.5 today!! Could be finally more gains to come.

[grippa] 09/3/2007 16:46

Silverthread...I am still being Patient too, and agree with your 1000% prediction.

[silverthread] 09/3/2007 16:31

Added another small chunk this pm. Have remained patient with my initial holding. Good retail footprint established, and should now be able to reap profits in a large and high growth market.

[azalea] 09/3/2007 16:10

2x600k trades listed a.m. and 2x2m+ this p.m. As to when these trades actually took place is almost anyone's guess. Nonetheless, looking good and a mere inkling of what lies ahead.

[divinausa1] 09/3/2007 15:42

thought it would move up after the big buys the other day. also the trading over New Years(China) I think it dont move bec market jitters. Making up for it now.....imo this a quality China play

[ursamajorra] 09/3/2007 15:32

2m+ just gone through,got to be a buy.

[ursamajorra] 09/3/2007 15:30

I think we are about to fly.

[silverthread] 09/3/2007 12:43

Azalea, thanks. It is not helpful, and indeed would be misleading, to state that Dresdner has 3% greater holder than is in fact the case.

Let us know if you get a response.

[azalea] 09/3/2007 12:16

Re Dresdner.
I have telephoned the contact number and am waiting for Irina Daniel to come back and hopefully clarify major holdings. That said, in view of the fact that no one replied to my email, I am not optimistic.

[silverthread] 09/3/2007 11:51

I am guessing that the 2 * 600K trades today are buys, which would indicate an institution adding further to its stake.

There have been other large tranches of buys at 26p since the beginning of the month. These total over 1.25m which sort of ties up with Allianz's increased holding announced in today's RNS.

If my interpretation is correct, it is encouraging to see continuing institutional buying. I wonder if the price is being held at this level to facilitate this stake building?

[silverthread] 09/3/2007 11:24

Azalea - I see Allianz SE (Dresdener Bank) have announced in today's RNS that it has bought another 1.6 million approx. I also see that it still seems to using the old total no of shares in issue to calculate its new holding of 19.31%. Using the latest no of shares in issue after the fresh issue in January, the % holding would be 16% by my calculation.

Seems the same discrepancy as we discussed above.

Although the % seems to be wrong, the fact of a further purchase by Allianz SE would not appear to be in doubt.

Or have I got this totally wrong?

[divinausa1] 05/3/2007 18:42

3 decent big buys after the bell....

[divinausa1] 01/3/2007 16:42

looking for a strong rise here next few weeks when the markets setttles. This is quality. imo