Entertainment Rights Share Discussion Threads

[joeblogg1000] 20/11/2008 12:15

This is now at the mercy of the banks, hopefully some one will take us out for at least 5p (wishful thinking in this dire market)

[sirshagalot] 19/11/2008 10:48

as basil brush would say boom! bust!

[hotips] 17/11/2008 16:16

This share price is going to dissappear at this rate!

On an optimisic note - I can't imagie Paul Lamond Games would enter into a licensing deal if ER's future was in grave doubt because (presumably) they'd have to pay an upfront licensing fee.

[rochford6] 17/11/2008 12:34

Paul Lamond signs Where's Wally deal
Katie Roberts Today, 9:46am

Paul Lamond Games has announced a licensing deal with Entertainment Rights for Where's Wally puzzles.
The new range will be launched at Toy Fair in January 2009 to tie in with the 21st anniversary of the character and will consist of three 1000-piece boxed puzzles and a 2000 piece puzzle in a Wally shaped tin.

First published in 1988, the Where's Wally books have sold over 46 million books in 50 countries with over five million books sold in the UK alone.
Wally has appeared on the internet, live in theatre, in the Guinness Book of Records, on TV series, The Office and The Simpsons and has hit number one on the New York Times Best Seller List three times.

[hotips] 17/11/2008 12:11

I really don't think a company like ER should have its entire future rest upon one Christmas's sales. The most important thing right now is for Phillips to get to grips with the overheads and prune out some of the dead wood. The stronger $ should also be of great benifit to ER. I don't know why they don't make more of this in their PR (which as ever is woefully lacking of late).

[rich2006] 17/11/2008 09:36

hotips
That would all depend on whether you think ERT will have a good christmas.
and even then the need to offload some assets and renegotiate their debt are going to be a huge hurdle to overcome in this climate.
i would imagine the vultures have been circling and it is only a matter of time before a bid is put forward but i don't think it would be a good price for shareholders.
AIMHO

[hotips] 17/11/2008 08:52

Good question, rich2006. At this price the shares are a downright steal.

[rich2006] 17/11/2008 08:29

Has everyone sold out
or are you all holding your breath.

[mrdonofrio] 12/11/2008 15:31

Rochford6 - does it cost much to sign up for an Expo? Is this not something they would do just as a matter of course?

[rochford6] 12/11/2008 14:42

ERT are obviously confident on the future, they have signed up for Licensing International Expo 2009 which is held in June.

[toptrump] 06/11/2008 20:09

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!

[toptrump] 06/11/2008 12:27

corrected sorry!

Not dased on anything bar the facts presented. We are at rock bottom - there can be no more bad news that can actually affect the share price to go down. Hence all positive RNS showing signs of slashing debt will increase the share price.
Remeber that in 6 months Mr Phillips will have been in the post 1 year, time enough to 'Turn things around!'

[scrapman] 06/11/2008 09:12

hope it's "soar" not sore

[iaso] 06/11/2008 09:00

TT - on what do you base the bold statement? I sincerely hope that you are correct. Is there fresh news in the pipeline?

[toptrump] 05/11/2008 21:07

Its coming 6 months the price will sore

[sirshagalot] 05/11/2008 16:45

if its that good news why is share price only one 2oth of its normal price?
miss managment caused this.

[toptrump] 05/11/2008 10:32

Hear, hear!

[hotips] 05/11/2008 09:42

Good news! This is just the sort of announcement the company should be making on a much more regluar basis.

[rochford6] 05/11/2008 06:33

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.

[caveat_emptor] 04/11/2008 16:35

They are a media company....

So...would'nt one expect them to start getting the media
talking about them and talking up the share price?

[kenmill] 31/10/2008 10:50

Looks a complete mess. An extra £4 million in bad debts, no guarantee they will renegotiate their bank loans, caution on Christmas sales etc. One to avoid until the dust settles one way or another

[hotips] 31/10/2008 09:12

At last we're being told what's been going on. Seems to me the Lone Ranger rights are substantive enough to give a good income stream, so no worries there. Bransgrove's departure will hopefully put an end to the culture of running this company like it's a private business. Heap, who caused all this debt and bad management, is gone, and Bransgrove should be kicking himself that he didn't get rid of him sooner, or put any controls in place to rein in his spending. Good to see that Bransgrove himself is falling on his sword.

The bottom line is that they have an extensive library which will continue to generate income. They've identified their problems and at long last are acutley aware of them. Lets see how they deal with them. But I'm more confident about the future now.

[phillis] 31/10/2008 08:29

Time Bransgrove did the honourable thing
(He wasn´t slow in criticising Giles Clark re the Stanford cricket was
he, urging him to resign)

[rich2006] 31/10/2008 08:18

Disney deal is obviously not big enough to help with the current financial obligations ERT have.
Cannot believe the mess they got themselves in.
Basically have good christmas trading or bust imo.