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ERT Enter Rights.

0.08
0.00 (0.00%)
08 May 2024 - Closed
Delayed by 15 minutes
Entertainment Rights Investors - ERT

Entertainment Rights Investors - ERT

Share Name Share Symbol Market Stock Type
Enter Rights. ERT London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.08 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.08 0.08
more quote information »

Top Investor Posts

Top Posts
Posted at 01/4/2009 12:37 by caveat_emptor
Yep....this was the only one I sold out of....so no gloating...
I am still in others that are going the same way and my pension
is F....d.

But I do have to say one thing.....

I would bet a fiver that you have'nt seen the last of Mike Heap.

He would'nt be the first loser to buy ebverything back privately
with a new investor!!!

If he has the last laugh...good luck to him!!!
Posted at 04/3/2009 08:43 by sirshagalot
the aim markets are for foolish pi,s and the aim is to seperate as much money from the said investors.
keep away from aim stocks
Posted at 02/3/2009 19:30 by miikke
Its all some kind of con as far as I can tell. DYOR.
The small private investor whoe hard earned cash has gone into this company will be the main losers.
The board will no doubt keep their jobs in one form or another.
We seem to be getting a pattern in this country fat cats win and everyone else loses out or picks up the tab!
Posted at 02/3/2009 10:29 by hotips
There is no way private investors will approve a deal (and any deal will need shareholder approval) that does not benifit them. If a deal only pays off the bank, then effectively the new board are merely administrators brought into pay off the debt by selling the assets. If the bank pulls the plug, then most of the rights revert to their original owners, and so the banks and the shareholders get zilch. Far better to carry on supporting the company - which still has sizable turnover don't forget, and has down-sized, - than to pull the plug.
Posted at 27/2/2009 10:36 by scrapman
this is a travesty , another classic of directors dealing behind shareholders back , I think everyone can write off their investment , but I feel shareholders should complain to the FSA and get some satisfaction out of the directors by making them accountable.

They have effectively asset stripped the company from under us , while maintaining that the company was still viable.

Anyone who bought in after the Dec announcement has in essence been conned
Posted at 22/2/2009 13:43 by miikke
If the company goes under the rights to Postman Pat and others simply return to the original owner - as I understand things. DYOR.
Either way the investing production company will not lose out.
Only long standing investors stand to lose out with this company as I see it.
Posted at 29/12/2008 09:49 by doughboy66
BASIL BRUSH OWNER SEEKS URGENT CASH WHIP-ROUND
Entertainment Rights, the group behind children's
shows including Postman Pat, Basil Brush and Rupert The Bear, is
seeking a capital injection. The group has debts of some 125
million pounds and its market value has crashed from 267 million
pounds in March 2007 to three million pounds on Christmas Eve.
HBOS has granted the group a 13 million pound
short-term loan to cover cash flow issues up to the end of
February. Potential investors include Hit Entertainment, Cookie
Jar Entertainment, Saban Capital and hedge fund Och-Ziff.
Posted at 06/11/2008 20:09 by toptrump
From Interactive Investor:

Renegotiated Contracts shuu 1

I know its dangerous to assume, but I assume there must be some longer term upside to these renegotiated contracts. We know from the announcement that ERT will retain valuable IP, but to make that call when your company is loaded with debt and you're about to breach your banking covenants; surely must have been done with future earnings in mind. The £1m loan was around that time too. I would find it very hard to believe that any CEO would make such moves unless 1) they were forced too, or 2) they stand to benefit from it. In Scenario 2 the benefits would still have to pretty special to do it in that climate.

If HBOS show support (which they appear to us on the outside) that they are, then it has half a chance. The interest rate cuts may contribute to Xmas trading provided they get passed on to consumers that is. This Xmas is really a make or break trading period for ERT. If they make it past Xmas, then thay have a real chance.

I agree with other posters that ERT has never really bagged a big winner ( A bob the builder) Lots of smaller IP, which does occasionally appeal in other continents. If some have to go, which ones? and what will they rasie is the key? Maybe the Lone Ranger franchise is the long awaited special one, but it will still require the movie to be a big hit.

I think the hedge funds (Och-Ziff etc) that showed interest some time ago probably have their hands full these days but I'm still not ruling out a private equity vulture. We have seen SEY & SRB attract bid interest in the last week, after collapses in their share price. Who knows, With ERT its balancing a fair set of assets against a dire balance sheet.

As I've said, its a punt, high risk - high reward. At these prices though you can tuck away a few shares for not much dough. Its then over to the Lone Ranger to make or break your investment!!!! All IMHO & DYOR, shuu

Interesting points, retaining the IP for some of their properties may mean a higher selling price as the trading statement during the interims mentioned - who knows!
Posted at 05/11/2008 06:33 by rochford6
Entertainment Rights, the owner of Postman Pat and the Lone Ranger, will this morning unveil a global publishing deal with Penguin for its Tinga Tinga Tales animation.

The group owns global distribution rights for the animation, which is based on a collection of African animal stories, and could become very popular next year when the series is broadcast on the BBC in Britain and on Playhouse Disney in the United States. The deal, for which the company will receive a cash advance against royalties, includes production of storybooks, novelty books, electronic books, audio books and annuals. The news offers the group's investors some welcome relief after seeing their shares hammered in recent months on a series of profit warnings. The shares rose by 0.24p to 1.49p.
Posted at 11/9/2008 22:53 by wodahsnoom
Leaving big deals aside (which may or may not happen)I'm not concerned about the newsflow in these markets - I believe when we are in the middle of a bear market, investors are looking for excuses to sell,not to buy. Any news would be wasted right now. More important would be that ERT is quietly getting on with the job and that it gets reflected in the bottom line over time. The downside is that we drift lower on small volume selling but medium term the share price recovers. that's the gamble. I do get a sense that the overall strategy is right and the emphasis is on marketing what they've got and in parallel cutting costs and reducing debt.

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