Elektron Technology Share Discussion Threads

[the skies the limit] 03/10/2006 20:58

Interesting trade as you say. 1 million shares in HOH.

We know they cant be buying HOH long term cos its being bought out!

So why did they do it!

To get a cash payment and some EKT on the cheap i think! Bit of pyschology there. To tired to explain it all. Its a bit below the offer so it makes good sense.

[spectrum7] 03/10/2006 19:16

Should be an rns then ntv ?

[mrs c clore] 03/10/2006 18:33

Skies

Nice read. I read it before it was removed.

[ntv] 03/10/2006 18:11

somebody bought over 3% of HOH today

[spectrum7] 03/10/2006 17:29

Poor Bash....lol. He never did grasp the Bid/Offer bit of trading :-))

[spectrum7] 02/10/2006 18:18

I see the petty brigade are still watching us here...even if they cant post...lol

Thanks for the link Skies, a very good review and well worth a read.

[the skies the limit] 02/10/2006 17:43

Click onto company review for an update on EKT from armshare...

[spectrum7] 02/10/2006 12:36

Very nice little write up Skies :-)

[Abuse team] 02/10/2006 12:34

Post removed by ADVFN

[the skies the limit] 29/9/2006 19:01

So was arcolectric a dog until it fell into the hands of Elektron management.

The CE is midas himself.

[charo] 29/9/2006 18:29

howie has been a dog maybe short term gain from property sale.ind and commercal logic escapes me.still could work.

[the skies the limit] 29/9/2006 12:58

Be patient this is what happened 3 years ago when EKT acquired arcolectric. Nothing and the share price was 6 to 7p then a spike up later on !

[spectrum7] 29/9/2006 12:55

No big impact on the share price then....:-)

[the skies the limit] 28/9/2006 22:41

Those figures have been done taking into account interims only. That said the combined net asset value per share should be even higher at finacial year end.

How much is difficult to estimate but i reckon nearer 13p.

It looks like at the next interims net assets and operating profits will both be up 50% !!!

[the skies the limit] 28/9/2006 22:31

Dont know who mintloaf is but I make it 43% increase in net asset value per share coming soon.

[spectrum7] 28/9/2006 22:18

Great news skies..:-))

12p not £12.....

[the skies the limit] 28/9/2006 22:12

Looks like EKT net assets are going to rise significantly...

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Author Mintloaf View Profile | Add to favourites | Ignore
Date posted today 22:04
Subject EKT net assets to rise 33% !
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Following the acquisition of Howle Holdings and on a proforma basis taking into account net assets of both EKT and Howle at the interim stage, net assets for the combined group should rise more than 33%.

At the interims EKT had net assets of £6,892,000 equating to approx 8.8p per share.

At the interims Howle had net assets of £5,640,000 equating to approx 19.5p per share.

On a proforma basis and allowing for £1.5 million to be paid in cash to Howle shareholders the consolidated group would have combined net assets of £11 million sterling.

Allowing for the increase in EKT shares ie 8,949,553 new shares EKT's share capital will amount to 87,249,553 .

The combined net assets of £11 million sterling divided by 87,249,553 shares equates to £12.6p per share.

An increase of more than 33% !

I call that a very good deal indeed.

[the skies the limit] 28/9/2006 18:52

HOH expect cash flow to improve £500,000 going forward it looks like its going to be a nice earner for EKT.

[the skies the limit] 28/9/2006 18:30

Net assets per share to rise on enlarged group.

[spectrum7] 28/9/2006 18:28

Well i feel better now, knowing we are in safe hands then :-)

[ntv] 28/9/2006 18:23

spec7
fek ov other way round ;-))))

[the skies the limit] 28/9/2006 18:18

NTV.

Spec is right we gona look after you. You get some EKT shares that are looking to increase profitability 50% next year.

We all win here.

We get some more good assets and more sales to increase next year. All good stuff.

[spectrum7] 28/9/2006 18:12

Ntv

We just popped in to rescue you :-)

[ntv] 28/9/2006 18:05

guess panther will sort out the property side
these boys seem to be trying to turn themselves into a mini HANSON