Ebt Mobile China Share Discussion Threads

[silverthread] 21/3/2007 13:49

Hattori, Sorry - my edited post above crossed with yours.

I think it is clear that USS has INCREASED its holding from 9.1 million to 10,236,364. It's just the total shares in issue has changed which affects the comparison of percentage holdings.

[hattori_hanzo] 21/3/2007 13:40

Hi silverthread. Here ya go:


RNS Number:2585P
EBT Mobile China PLC
09 January 2007

EBT Mobile China plc ("the Company")

Notification of Major Interests in Shares

The Company received a notification from Universities Superannuation Scheme
Limited dated 18 December 2006, on behalf of UK Smaller Companies, informing it
that following a recent purchase of 3,000,000 shares they now have an interest
in 9,100,000 shares representing 5.13% of the Company's issued ordinary share
capital. The shares are registered in the name of Chase Nominees Limited a/c
USS.

[silverthread] 21/3/2007 13:25

How do you figure this is a reduction in USS's holding, Hattori? Did USS do any other share transactions since August 2006?

Edit - Ah, I see now. It IS an increase in share holding from 9.1 million to 10,236,364 as reported. EBT issued an addtional listing of 773,000 shares in January, so to compare USS's holdings between August 2006 and now in % terms is not meaningful because the total shares in issue has changed.

[hattori_hanzo] 21/3/2007 08:57

It looks to me like the USS have actually reduced their holding from 5.13%, but I think Hambro have probably bought their shares off them.

[silverthread] 21/3/2007 08:46

Institution adds another 1.2 million shares to its holding:

21 March 2007

EBT Mobile China plc ('the Company')

Notification of Major Interests in Shares

The Company received a notification from Universities Superannuation Scheme
Limited, on behalf of UK Smaller Companies, informing it that they have an
interest in 10,236,364 shares representing 4.83% of the Company's issued
ordinary share capital. The shares are registered in the name of Chase Nominees
Limited a/c USS.

[silverthread] 19/3/2007 09:11

Good points, Hattori. Your linking of fundamentals and technical analysis is logical and something I had not thought of. Thanks.

[azalea] 18/3/2007 22:08

Silverthread
Our views on EBT are mirror images.

[silverthread] 18/3/2007 21:39

I am afraid I am not a follower of technical analysis, although the above musings are interesting.

For me the recent large volume buying, the high incidence of investor holdings, the recent positive trading update, the Motorola deal, the establishment of a large retail base of profitable stores across China, and the potential size of the Chinese mobile market ...... these are the things that underpin my positive views for this share.

[hattori_hanzo] 18/3/2007 20:37

I've had a think about it and it seems to me that, because EBT volumes are historically lumpy in nature, we should definately be using a WMA, because, in theory, a WMA should smooth out & negate the random volume spikes & generally lumpy volume nature of EBT more accurately than a SMA.
Therefore, in theory, a WMA should prove even more accurate in smoothing out the sudden massive volume increases we've seen recently and therefore present a more accurate picture for longer term moving averages like the 50 & 200 day.

Therefore, if the WMA is indeed the correct MA to use, the GC has already happened.



NB: Feel free to disagree with me if you have a different viewpoint.

[hattori_hanzo] 18/3/2007 13:42

Hmmm! To be honest, I'm not entirelly sure what you mean. I think I might see what you're getting at with a WMA or EMA, but not with a SMA, but I'll need to ponder it further.

[kallista] 18/3/2007 13:17

Another point on which I have pondered is that I do not believe you can use this technique to look at GCs retrospectively. This is because the time spans and therefore the values are different, this is even more so when using WMA and EMA.
In other words, to look at a GC which may have occurred in May 2006 you would need to look at the chart as if we were in May 2006 right now - OR using SMA you could add on the number of days since May 2006 to the M.a. value.

See what I mean?

[kallista] 18/3/2007 12:52

Hattori

I think you will find it customary to use 50 and 200 m.a. to establish a golden cross. Whether to use SMA, WMA or EMA, that's a different matter, the debate rages on and each to their own particular preference.

Kallista

[hattori_hanzo] 18/3/2007 12:23

Yes, a GC is fast approaching:



NB: Typically, you'll often see a price rise just before a GC followed by a short term price dip after a GC, but then subsequently the price will usually move up again, often in a more sustainable upwards trend.

[kallista] 18/3/2007 11:15

As i have just posted on the Philmiboots golden cross thread, this one is heading toward a golden cross.

[divinausa1] 18/3/2007 11:02

looking to double my holding here next few weeks. i dont think we will see the share price much lower than these levels. And forsee a multi bagger over the coming 2 years.

[sheeneqa] 18/3/2007 10:51

Motorola is a newcomer in China. But Motorola's hop new RAZR phone caught the imagination of that "billion-three" market. Motorola may soon become the Number One seller of phones in China, so we will learn much from this interview. The china report......

[tradx666] 16/3/2007 09:07

China to more than double its share of global consumption of luxury goods by 2016
Monday March 12 2007


Market research company TNS says that China will account for one-quarter of world demand for luxury goods by 2016. With China already taking approximately 12% of world output of luxury goods at the end of 2006, this would amount to a doubling of its share over a decade.



Jim Sailor, Managing Director of TNS China, said: "If the sales value in China of top luxury brands grows at the same speed seen in recent years - of between 10% and 20% per annum - by 2016 the nation could be buying up to 25% of the world's luxury goods each year."

Despite China's growing receptiveness to luxury goods, TNS warns marketers of luxury brands not to expect quick and easy returns. It says an extremely strong international presence is required before luxury brands - including watches, fashion apparel, perfumes, cosmetics, jewellery, automobiles and premium spirits - can establish themselves in China. In line with this, the most successful products are those that have already built strong brands around the world, such as Louis Vuitton, Versace, Chanel, Giorgio Armani, Lancôme, Swarovski, Cartier, Tiffany & Co, and others.

"You have to do your homework. Brand-building in China requires the same kind of patience, sustained investment and strong distribution as other markets," said Mr Sailor. "Consumers are savvy. Niche brands especially will need to work hard and certainly cannot assume they are going to be immediately recognisable."

"In China right now, the luxury brands are for the super rich - the people that see them when travelling to New York, London, Paris and Rome, then come back to China and buy them," said Mr Sailor. "But we have shown there is significant market potential among middle-class Chinese. Middle-class demand will boost the success of luxury goods in China, although brand owners may need to create 'affordable luxury' categories to address lower purchasing power."

[tradx666] 14/3/2007 10:22

ursa,

Many thanks for the prompt elsewhere - was in the city all day yesterday so missed the early excitement until later. Ultimately, it is only doing what I expected..:-)

I expect more positive news soon :-)

regards

T..

[hattori_hanzo] 13/3/2007 20:49

ursamajorra - 13 Mar'07 - 11:07 - 322 of 324

I welcome ALL informed views on the shares I own, both bullish and bearish

...or even BritishBearish! ;-)

[britishbear] 13/3/2007 20:26

ursamajorra LOL! - follow the bear.

[azalea] 13/3/2007 11:07

I added 9k on the news.

[ursamajorra] 13/3/2007 11:07

Hattori_Hanzo

British Bear will be the first to let you know if it starts going pear shaped.

[hattori_hanzo] 13/3/2007 10:56

Yep, you've echoed my thoughts. Good growth combined with economies of scale & continued expansion, which increases the depth and breadth of revenue streams and also increases the chance of a bid at some point in the future (because companies like EBT don't grow on trees).

I don't reckon you can ask for more than that.

I only bought in yesterday, a decent tranche, but I'm already pondering if I've bought enough.