Entertainment One Share Discussion Threads

[masurenguy] 16/7/2018 07:54

Standard Life Aberdeen disposed of a further 275,000 shares last week to reduce their current holding by 1.2% and to dip below the 5% notifiable threshold.

Edit: Quite possibly Darryn since there seems to be some current momentum in the wake of the M&A activity surrounding Sky TV. However, we are in a potentially volatile market and any significant fall always has the potential to generate a sharp retrace here.

[darryn1] 13/7/2018 14:03

I agree with ayrshire1. Do you think we will top £4 this summer Mas?

[ayrshire1] 12/7/2018 22:56

Some good informative posts there Masurenguy. Profit takers out today but I'm holding onto my shares for now.

[masurenguy] 12/7/2018 16:50

Go ahead as you're clearly unable to engage in any intelligent dialogue so, like Trump or Bojo, you can shoot your mouth off without acknowledging, or being accountable, for any of your past assertions.

[foxeye2] 12/7/2018 15:40

Look, we obviously each regard the other with total contempt, so I shall filter you, and then you do as you wish, okay?

[masurenguy] 12/7/2018 15:29

The only person who has made a fool of himself on this thread is you, as clearly evidenced in the summary of your prior posts above, which of course you have completely ignored !

[foxeye2] 12/7/2018 13:03

I stated before, you were making yourself look really silly with your false claims regarding ALT of share price prices etc. Your most recent posting just confirms my view.

[masurenguy] 12/7/2018 10:41

foxeye2 - 2581"Closing price yesterday was indeed slightly higher than it was three years ago"

Certainly was and it was also the equivalent of 487p pre-placing and rights issue 3 years ago. But of course that is only relevant to people who bought prior to October 2015.

foxeye2 - 2581"a profit is not a profit until you sell the resource and the cash is in your pocket or bank account. Until then 'paper profits' may give you a nice warm feeling, but little else."

Gosh, really ! Thank you for educating everyone here with your superior insight into investing.

Masurenguy - 2550: I built my stake here in the very early days. Since then I have sold circa 50% of my overall holding (some of those sales are recorded on this thread) since it often makes sense to take some profits off the table and to re-balance a portfolio. My residual holding is currently circa 500% up on my average cost after factoring in the additional discounted shares acquired during the 2015 rights issue and the subsequent dilution from the two share issues in January and February this year. I don't fall in love with any share and if my confidence in the future potential of this company eroded then I would have no compunction in selling the rest of my shareholding.

I did a quick check on your prior posts on both this thread and my previous thread.

foxeye2 15 Jan '16 - 866: I too am underwater with the Pig, although not to the same degree as alluded to by others, and certainly not as much as the Canadian Pension Plan Board, Capital Research & Management or the M & G Investment Management must be. ETO appears to be little more than a 'gamblers' stock, for those willing to have a punt. Investors meaningful research seems to be almost impossible.

foxeye2 26 Feb '16 - 7418: For those 'gamblers' out there, crack on and good luck, but ETO is not currently for investors hoping to make a profit. Closing Price 147p

foxeye2 2 Jun '16 - 1359: Real gamblers stock this one, not for serious investors. Closing Price: 175p

foxeye2 12 Apr '17 - 229: I would urge individuals to revisit their research into ETO and then make a decision according to their particular circumstances. I have no hidden agenda as I sold out a long time ago, (thank God) but urge others to think for themselves rather than just blindly follow some of the more optimistic posters on this Board.Closing Price: 244p

foxeye2 7 June '18 - 2555: No more from me. I spent my entire working life regularly dealing with idiotic people and I have no desire to do so now in retirement, so carry on believing what you will and Good Luck.Closing Price: 332p

Last nights close was 382p. Some profit taking this morning has taken it back down to circa 360p.

Thank you for your great investment wisdom and insight into this "gamblers stock" over the past couple of years. We are honoured that you can spare a little of your valuable retirement time to educate the "idiotic people" on this thread. We will await, with bated breath, your next piece of patronising advice to all of the foolish and naive PI's who post here !

[foxeye2] 12/7/2018 08:54

Congratulations Masurenguy and others who have held shares here for some time. Closing price yesterday was indeed slightly higher than it was three years ago, but of course, a profit is not a profit until you sell the resource and the cash is in your pocket or bank account. Until then 'paper profits' may give you a nice warm feeling, but little else. Looking at the share price this morning, the increase yesterday may be short lived. We shall wait and see.

[masurenguy] 11/7/2018 16:19

An oasis of blue today in a sea of red and a new ATH too!

[masurenguy] 11/7/2018 08:00

Standard Life Aberdeen have been taking some profits, reducing their holding by 30% over the past week or so by selling 10.7m shares. They had previously been increasing their position from 4.6% to 7.35 over the past 4 months. They now hold 23.2m or 5.04%, down from 33.9m or 7.35%. That explains some of the recent large trades but a more interesting question is who has acquired them

[masurenguy] 10/7/2018 17:00

Some very large trades going through @372p, in the last 25 minutes before the market close today !
1,696,057 @372p
500,000 @372p
500,000 @372p
694,458 @372p
300,000 @372p

[nick_dunton] 09/7/2018 11:19

Thanks, phew! I'd miscalculated the dilution impact

[masurenguy] 04/7/2018 07:46

Hi Nick Dunton - a very miniscule dilution as pete160 has stated above.

[pete160] 04/7/2018 07:15

My reading is that they have issued 1.23 million new shares to rank alongside the 462 million already in issue so technically yes, some dilution but only c. 0.25 %

[nick_dunton] 04/7/2018 06:57

Hi Measurenguy, does this mean we'll be diluted?

[masurenguy] 03/7/2018 07:10

RNS Number : 3453T
Entertainment One Ltd
03 July 2018

Investment in Sierra Pictures LLC

Entertainment One Ltd. is pleased to announce that further to its initial investment in 2015, the Group has completed the purchase of the remaining stake in leading feature film production and global sales company Sierra Pictures LLC, which results in full ongoing ownership by the Group. Sierra Pictures enhances eOne's capabilities in producing and acquiring premium films and cultivating successful relationships with leading industry talent and creatives, further increasing direct involvement and ownership in content. Wholly-owned Sierra/Affinity, the international sales company, will continue to represent films from third party producers, as well as leveraging its operations to sell eOne titles into territories where there is no direct distribution infrastructure.

Following completion and in order to satisfy consideration for the acquisition, application has been made to the UK Listing Authority and the London Stock Exchange for 1,231,768 common shares in Entertainment One Ltd. to be admitted to the Official List and to trading on the London Stock Exchange. The shares shall rank pari passu with the existing common shares of the Company and it is expected that admission will take place on 4 July 2018.

[masurenguy] 28/6/2018 10:19

Good luck zulu_principle. It is never wrong to take profits even if hindsight subsequently demonstrates that one could have sold at a higher price. I also took some profits here recently by selling 40% of my holding at an average price of 3.47p but the 60% that I retain still makes ETO my third largest holding.

I think that the 33% rise over the past 7 weeks was largely fuelled by speculation that ETO could be a target with the current M&A activity surrounding other production & content media businesses. I think that will ultimately be the end game here too but who knows when it might happen !

[zulu_principle] 28/6/2018 09:23

Decided to lock in my profits and sold out last week at 360p and 366p (something I might come to regret!).

I think the current re-rating has gone too far and there are other opportunities available with better potential short to medium term upsides. ETO's strength for now seems to lie in the fickle world of character licensing (my grand-daughter announced on Sunday that her favourite TV programme is no longer Paw Patrol but is now PJ Masks). I also find ETO's continued inability to deliver meaningful free cash flow worrying.

When (if?) the price retrenches to the 320-330p level I'll be tempted back in. It's been an interesting four years - good to have found a bulletin board where most of the debate is well-informed and polite.

Just a personal view - DYOR and all that.

[compoundinge] 27/6/2018 11:08

The family category is a special niche desired by media distributors and ETO has been fortunate to hold the licenses to popular and trending cartoons like Peppa, PJ masks and others which is due for fighting over. With all the takeover stories happening in the background, a lot of tailwind for this company.

[mip55] 27/6/2018 07:01

The parks will add up to £17m of earnings for Entertainment One in direct licensing fees and will also increase brand recognition and drive merchandising sales, the analysts said. The company books revenues from licensing for products such as toys and DVDs featuring Peppa and other characters in its family division. While Peppa continues to thrive and extend her international reach other shows such as PJ Masks are doing well, meaning Entertainment One is likely to beat its target of doubling merchandise revenues by 2020, JP Morgan said. "The opportunity in family appears significant," JP Morgan said. "The rollout of the family operations continues to perform particularly well in markets like the US and China." Entertainment One could also be an acquisition target after attracting a takeover proposal from ITV in 2016, the analysts said.

[suetballs] 26/6/2018 18:46

jpm retains overweight rating - target price up from 423p to 546p. Merlin to open as many as 50 Peppa theme parks. Sounds good to me.
Suet

[masurenguy] 18/6/2018 19:08

Shareprice up 33% in the past 6 weeks - looks like "something is happening in the background here"

[jrr1] 15/6/2018 12:43

still going strong, something is happening in the background here...