Ebtm Share Discussion Threads

[malkie] 03/7/2008 08:32

Makes sense i suppose; when the results were announced I was thinking they could do with strengthening the balance sheet, but I rather thought that, in the current climate, a placement would need to be at too much of a discount to make it palatable.

However the price is probably right at the top end of what they could have expected to acheive and this clearly demonstrates there is institutional demand for the shares.

[25wbh] 03/7/2008 07:22

Its all looking good

[trigger45] 03/7/2008 07:10

EBTM

EBTM plc

('EBTM' or 'the Company')




Institutional Placing




EBTM plc, the online retailer of music inspired clothing, has raised £675,000 before expenses through the placing of 19,285,715 new ordinary shares ('Placing Shares') with institutional investors at a price of 3.5p per share. The proceeds will be used for additional working capital and to fund the future development of the Company. Application will be made for the new ordinary shares to be admitted to trading on AIM and it is expected that admission will take place on 10 July 2008.




The Placing Shares represent 7.17 per cent. of the enlarged share capital of the Company and will be issued pursuant to the Company's existing authorities. Following the issue of the Placing Shares, the Company will have 269,097,744 ordinary shares in issue.




Richard Breeden, Chief Executive, said:




'Following the excellent progress reported in our preliminary results for the year ended 30 April 2008, as announced on 17 June 2008, we are very pleased to have raised these new funds which will further underpin our strategy of strong growth. With online retailing predicted to continue to grow rapidly, the Board views the outlook for the business in the current financial year as extremely positive.

[payday2] 02/7/2008 12:52

this is supposed to be a rampers thread PLEASE can you delete my posts

[payday2] 02/7/2008 12:52

or do you now approve of balanced discussion lol.

[payday2] 02/7/2008 12:51

come on malkie get deleting, you know you want to!!!!

[payday2] 02/7/2008 12:51

cant beleive these posts are still here, obv only a matter of time

[payday2] 02/7/2008 12:49

The EBTM sight backs up what i say, Home page 50%off. Page after page of atticus at half price and below, tells it own story, does it not?

[payday2] 02/7/2008 12:45

How long before these posts are deleted? This is a rampers only thread so maybe I shouldnt bother voicing an opinion on what is supposed to be a discussion forum.

[payday2] 02/7/2008 12:42

My opinion is that Atticus was a great brand with a great story, at the time Blink were massive 5 or 6 years ago, it was extremely popular for a while. That whole scene is now dying off and I stand by the point in my earlier post, Atticus's best days are long gone. FACT.

[payday2] 02/7/2008 12:38

I am aware he is still the major shareholder, however with or without the shares he was always going to offload Atticus/Lowlife for £3M. He has bagged himself a very good deal just in cash terms, the shares are a bonus.

[jasper65] 02/7/2008 12:26

I believe Mr Dales has a considerable interest in EBTM shares does he not !!

[payday2] 02/7/2008 12:25

Why would he bother to hang around, he has sold 2 minor clothing brands for a very good price, he has taken his money and run.

It is good to see the effort ebtm are putting in trying to revive the brand in the US, but it is like trying to flog a dead horse, Atticus only ever sold because of the Blink connection.

It will be impossible to hit the sales figures of previous years again, there is nothing behind to back it up any more.

It has to be said Mr Dales timing was near perfect.

GL to all holders, you will need it.

[barnsey] 01/7/2008 17:14

Fairly obvious.


Dale Masters has stepped down from the board with immediate effect. Dale has helped
considerably with the integration of the Lowlife and
Atticus businesses and brands. He will be relocating back to his homeland of Australia in due
course and we wish him every success for the
future.

[exit by the masters] 01/7/2008 13:27

I wonder why Mr Masters decided to leave EBTM after selling his company for £4m. Surely a cushy job with a salary of 100k p/a and the reportedly good prospects for the company going forward, this does not make sense.

[niggle] 30/6/2008 16:36

Some smart ASOS inspired money coming this way methinks.

[baheid101] 30/6/2008 14:14

They are doing loads of graft on the Warped tour - grass roots promotional work running competitions, sponsoring signing sessions etc which should definitely help as it is a huge tour.

[malkie] 28/6/2008 14:17

looks like Atticus is getting some traction in the US market.

This is a new retailer for Atticus. 6 of 8 are marked as best sellers

[trigger45] 19/6/2008 06:46

Posted by quality stocks on another site.



06.16.08 Atticus/Virgin Megastore Warped Tour Signings!!!
Atticus Clothing and Virgin Megastore USA are proud to announce the first, in a series of in-store appearances, in coordination with the Van's Warped Tour. As I Lay Dying,Protest the Hero, Stick To Your Guns, and Jet Lag Gemini will be stopping by the Virgin Megastore (Arizona Mills - 5000 Arizona Mills Circle, Space 590 Tempe, AZ 85282) at 6pm on Tuesday June, 24 to give fans a chance to hang out before the Phoenix date of the Van's Warped tour the next day. Atticus will be on site giving out free clothing, and a few lucky winners will be getting passes for the Van's Warped Tour show the next day at the Cricket Wireless Pavilion.

The Edge 103.9 will be broadcasting live from the event and helping us give away a ton of prizes, so make sure you tune in into The Edge 103.9 leading up to the event.

To get in you must have a special wrist band which you can only acquired by purchasing a new Atticus Clothing t-shirt or one of the attending bands albums from the Virgin Megastore. You can get your wrist band the day of, or get it as early as June 17th, but remember there are a limited number of wristbands, so make sure to get yours early!

[malkie] 18/6/2008 18:06

But it is not all doom and gloom for retailers, consumers have not curbed their spending online as recent trading updates from pure play online retailers Asos and EBTM both detailed positive news.

Results from EBTM last week saw the online music-inspired fashion retailer beat expectations and report maiden profits of £0.85m on the back of 401 per cent revenue growth. Its online sales grew 37 per cent, and broker Blue Oar expects further growth of 50 per cent in 2009 proving that while consumers are not spending on big ticket items, they are still spending to look good.

[malkie] 18/6/2008 14:17

In the header there is an interview with Richard Breeden from March last year, by BB poster Radarlove. (last box at the bottom)

Although the Company has transformed since then, its still really worth a read.

RL - May be a good time to think about a follow up interview??

[baheid101] 18/6/2008 13:15

Pleasing to see the strong acceleration in the online retail business in the second half - more visitors and rising conversion rates equated to H2 sales rising 75% over H1

[niggle] 17/6/2008 22:05

Great News :O)