Ebtm Share Discussion Threads

[dixi] 23/10/2008 10:57

LLOYDEBTM - you really do deserve to profit from your investment here - I just hope the EBTM management don't let you down - they may be in a sector that has potential to proper - but they have to make it work still.

Best of luck.

[dixi] 23/10/2008 09:41

Well maybe EBTM can make a good go of this, maybe they will eventually flourish once they have got the business fettled and running ok - but at what price to existing holders. At the current cap it would not be hard to imagine 100% dilution as an eventual possibility. I think they will need to be doing a bit better than ok to raise funds at anything less than a big discount. Maybe the banks are not supportive of the business? Clearing the debt would probably be a wise move rather than spending on trying to expand?

Too many 'maybes' in my post. Think my time is up to be honest!

Best of luck to LLOYDEBTM - I suspect you are up to your neck in EBTM - your great faith deserves to be rewarded. I have seen so many posters get trashed by a shock announcement from a company, it could easily happen here.

To me the greatest problem is that EBTM's last fundraising spoke very confidently of the future, the next RNS was the sale of Lowlife and a more guarded outlook, so whats next? There have been issues raised about the stock levels and the shape of wholesale - EBTM are giving little away to investors - suffice to say selling Lowlife gives a good indication of the state of play.

[greengiant] 23/10/2008 01:26

But Lloyd your logic does not make sense. The wholesale part of the business is dead in the water. Therefore to make Blue Oar's predicted EBIT they need to turnover on-line £6m. Far in excess of anything they have ever done (and I mean FAR).

If sales were so great, why offer a further 20% OFF ALL purchases. After all October is usually EBTM's boom month therefore logic (and marketing) would say reap the rewards in the next few months and discount in the quieter months.

I await your answers with baited breath - Personally, I am 100% sure the company will raise more funds in the near term. That is 100% (no margin for error)

gg

[moob] 22/10/2008 23:20

fundraising at 0.25p?? - that really would be funny!
You realise why they sold a division back to management - badly needs some dosh

[abc125] 22/10/2008 23:13

Not to worry....if there is a fund raising, Lloyd will be the first in the que....just kidding.

The share price decline now makes sense.

[moob] 22/10/2008 20:51

any news on cash pos?

[lloydebtm] 22/10/2008 20:16

The FT article is just a rumour, think of all of the rumours surrounding banks driving the price down so clever players can buy low (this practice should be made illegal to the point of prison sentences being given out).

Really, does anyone really believe on this forum that Blue Oar are lying when they expect profits of £1.84 million April 09 and £2.24 million April 10?

With people like Loverat giving 9 months before 0p just shows the lack of true knowledgeable people using this forum, it is mostly made up of doom mongers and shareholders with £100 in shares. I could not believe it when I saw on 15th Oct someone sell £8.46 worth of shares and someone buy £17.46 on 17th Oct. Really, was it really worth it? With dealers fees and a huge 50% spread, it is crazy.

Interesting EBTM profit margin breakdown -
Wholesale margin 8%
On-line margin 29%

My online sales are 23% up on last year so far (October) and that is before payday (normally 24th of the month it takes off for 2 weeks before people get poor again, monthly paid).

EBTM is going nowhere, they are here to stay and will make anyone with balls a fortune. Cap of £3million with profit of £2million 2010, really, it's not rocket science...

[loverat] 22/10/2008 19:08

Looks like a candidate for 0p status. I'll give them another 9 months.

[minger] 22/10/2008 18:17

How much funding? - another £0.5m would mean horrendous dilution at the current share price 50,000,000 new shares at around 1p. I couldnt find FT article which mentions it but even LLoyd must be worried by that.

[dixi] 22/10/2008 15:00

Dunno - post Xmas??

[dieterich buxtehude] 22/10/2008 14:46

Hello, any idea when the next trading update is out? Thanks.

[tel patel] 22/10/2008 13:31

more funding???? Once bitten .......

[greengiant] 22/10/2008 12:52

Another 20% extra off offer on by entering "Freshers". Seems desperate to me. Discount followed by discount

[argy2] 22/10/2008 09:29

Was it' Buffet Night' at the Curry House by chance?

[the analyst] 21/10/2008 22:47

"Be fearful when others are greedy, and be greedy when others are fearful"

My friend quoted that bit of wisdom in a dodgy Bradford curry house, upon being presented with a nasty smelling prawn vindaloo.

She ended up in hospital..

[greengiant] 21/10/2008 18:49

Article in todays FT stating that EBTM tread water despite rumours of a imminent fund raising

gg

[moob] 18/10/2008 08:44

wont make it to the summer i fear

[lloydebtm] 18/10/2008 01:07

Be fearful when others are greedy, and be greedy when others are fearful.
(Warren Buffett, the world's richest man)

[lloydebtm] 18/10/2008 01:06

What has JJB got to do with EBTM? You are on the wrong forum matey...

EBTM will turnover £10million y/e april 09 with profit of £1.6-£1.8million.

They are hardly small fry with money problems, they are one of the few AIM companies that is performing exceedingly well in a very tough retail environment.

Be fearful when others are greedy, and be greedy when others are fearful.
(Warren Buffett, the world's richest man)

[lloydebtm] 18/10/2008 01:03

They will turnover £10million y/e april 09 with profit of £1.6-£1.8million.

They are hardly small fry with money problems, they are one of the few AIM companies that is performing exceedingly well in a very tough retail environment.

Be fearful when others are greedy, and be greedy when others are fearful.
(Warren Buffett, the world's richest man)