Emblaze LD (DI) Share Discussion Threads

[waterloo01] 19/2/2014 18:45

First ever post anywhere. Humm. Thanks for the thought! (Oh, and watch out for RB's lawyers, I think he gets a bit touchy about folk using his name!)

[moneyman18] 19/2/2014 15:39

adg got his money today, BUT what will he DO ?

[cjohn] 19/2/2014 11:34

Any further offer for BLZ shares from the same party, by law, has to be at 75p or above.

[moneyman18] 18/2/2014 11:35

FFS get that share price above 40p

[adg] 18/2/2014 08:55

hey landsker if i didnt know better i would say that i detect a touch of cynicism there....

how could you even think that way about such an ethical, honest and trustworthy collection of decent & considerate businessmen/women ?

They would NEVER do such an underhanded and immoral/unethical thing i am sure ... wash your mouth out !

[moneyman18] 17/2/2014 18:42

Why do I have that müllerlight feeling

[landsker] 17/2/2014 15:35

people dont become billionaires by playing fair

granovsky probably wants the cash but will probably want to give a lot less than 75p for the rest of the shares, its about lowering expectations, if people think this will be stuck at 36p for ages it makes it more likely they would accept a lot lower than 75p, then he can give some of the profit to the rabbi to build some more synagogues in the ukraine

[moneyman18] 17/2/2014 15:24

The price is falling to BELOW half its cash in the Bank.

Why would that happen ?

The Guy would has taken over BLZ is one of the TOP PLAYERS in Business circles.

Surely the share price should be WELL ABOVE the 75p offer price.

[gclark] 17/2/2014 14:01

perhaps some people are today buying back what they sold on Friday! Some quite consistent buys going through. I still feel that the price went down to 36p to complete the matched trades I mentioned before. There are reasons why people sell shares in one holding and buy in another, maybe.

[landsker] 17/2/2014 12:42

if there is another tendering i wonder what the price will be, 45p ?

maybe that is what is going on here

[cjohn] 17/2/2014 12:05

HI GClark,

Uncertainy is the investor's fríend, if s/he can take advantage of it. There is very great uncertainty here, but quite little risk when the share price is at below half-cash per share. The only risk I can see is that BLZ do a value-destroying takeover with. Even there they'd have to go some to pick up something worth less than 36p per share to BLZ shareholders.

What I should have said about the trials is that I have no authoritative idea about the possiblity of Emblaze winning either: I'm not a lawyer and have no understanding of American comercial law. But my own innate pessimism leads me to discount the possiblity of victory. You don't need to factor the trials into BLZ's value for the shares to be a bargain.

[landsker] 17/2/2014 12:02

as i have said before this has not gone down to 36p because of panic selling the volumes that took it to 36p were tiny

its been marked down because of a reason, and a 45% decline in two weeks must be a pretty catastrophic reason, we will have to wait to find out what it is , we might never find out, unless of course its gone down through some kind of manipulation, ie hedge fund shorters

[gclark] 17/2/2014 11:48

Colin
Agree with what you are saying, but there is always uncertainty, which then leads to situations like this.
I am intrigued why you say 'small possibilities' of big payouts from Apple and Microsoft. I am not relying on Emblaze for my financial future (!) but is there something about the claims that makes them unlikely to succeed?

[cjohn] 17/2/2014 11:42

Panic feeds on itself. It can drive shares down to ridiculous prices. This creates bargains.

BLZ is a very very decent bargain at current share price. Think about its assets. More than 86p cash per share; two small possiblities of big payouts in two trials; a small trading divison which is worth a few million.

[landsker] 17/2/2014 10:57

somebody needs to find out why its plunged to 36p before you start talking about the future

[waterloo01] 17/2/2014 10:39

Colin, I'd be more than surprised if this was not the case. They need to get the cash working. Hope 36p is now the bottom and we can move forward.

[cjohn] 17/2/2014 10:39

Any offer from BGI would have to be at 75p or above.

If incorrect pricing of assets didn't exist, no one would ever make any money on the stockmarket.

Enjoy the panic and buy some shares at a bargain.

[colinhy] 17/2/2014 10:31

I would not be surprised if ERM-LAW were working with Emblaze on another deal or deals after the failed IDB transaction.

[waterloo01] 17/2/2014 09:28

Court case update. Apple file (again?) for Summary Judgment of Non-Infringement (hearing on 1st April lol). Reading between the lines, I guess they didn't get their way and get the case put on hold till supreme court ruling. At some point, Judge Grewel is going to get annoyed at Apple? (he has history with getting 'shirty' with them).

Lot's of interesting tech deals being done in Israel. I wonder how they are going to use the $140m in cash which is still, as I understand, in BLZ accounts?

[moneyman18] 16/2/2014 11:01

from 60p to 36p in two weeks

Yes I am worried, most deals here seem to be being done via options on the Grey market

[gclark] 15/2/2014 11:23

maybe we will see an RNS on Monday. There were two large trades on Friday afternoon which did appear to be matched trades - a seller and buyer for 300,000 and similarly for 369,000 (something like that amount). Both done at around 36p. What that was about we don't know at the moment! But it does account for the share price dropping down if it had to get to 36p for the trade to happen, I suppose. But WTFDIK

[gclark] 15/2/2014 11:11

how can we be forced to accept 30p or even less? We own the shares, we decide if we want to sell, that is the principle of owning something. Unless they get past the threshold for compulsory ownership, but then there are still some large shareholders to consider.
I am of the view that now they have offered 75p to some shareholders then they have to offer 75p to the rest. I am not an expert on all aspects of all stock markets (!) but this is my understanding.

[landsker] 15/2/2014 10:52

its been an obvious suspicion from the start that the object was to take over the company and get it taken private for a low share price thus leaving them with a lot more cash than they gave for the company, i should think it would be easier to do now since they are on a less regulated listing, if they can do it they probably will, i doubt they will have any qualms about what is fair

it would not surprise me if it came to us being forced to accept 30p or even less

the fact there has been no rns or comment about a 45% drop in 2 weeks makes me think its something they dont want to discuss