Entu (UK) Share Discussion Threads

[neilgbudd] 21/1/2015 09:52

Premier Fund increase their stake by 225k:

[thebantamboy] 20/1/2015 22:18

Totally agree Neil. Once they have had a couple sets of results out they should start to move up.

[neilgbudd] 20/1/2015 09:04

Agreed; what happened before they went public is irrelevant. I'm interested in how the company is run now and going forward. The metrics look superb and I think it's more a case of this share being under the radar/too bland for most as its not an exciting investment that's going to cure cancer or be the next best technological innovation. That's fine by me as 'boring' companies with good dividends rise solidly over time gradually and have earned me a lot, so I'm happy to hold...

[joan of arc] 19/1/2015 00:38

Ok, my last retort as I am n0t interested in this share so I will not be carrying on any more on this BB but a bunch of directors who strip out the cash before putting it up for an IPO have clearly got to be watched.

So good luck to those of you invested here and keep your eyes open.

[paulypilot] 18/1/2015 20:59

"Its not right to loan out over £9m and then write it off as unrecoverable."

What do you mean by "it's not right"? That's a meaningless statement. If I choose to buy a Range Rover with my own money, and you come along and say, "That's not right!" then I would just tell you to bog off & mind your own business!

This is exactly the same situation. As a private company, owned 100% by the founders, they could do what the hell they liked with company money. If they want to throw away £10m on a rugby club, so what, it was their money to do as they pleased with.

However, it is now a public company, with external shareholders, so no such events can happen again. Totally different situation now. The loans were all repaid or written off prior to IPO, making the Balance Sheet clean for the IPO, so problem sorted. It's all set out in the Admission Document.

Surely you can understand the difference between a private & a public company?

PP.

[adamb1978] 18/1/2015 19:53

I dont believe the NEDs were present at the time these loans were made were they? The NEDs are people who, either by virtue of their day job requiring them to have a decent reptuation or due to their other directorships, wouldnt want to be tainted by dodgy loans

Regardless of whether management would want to make this sort of loan going forward, the board would stop them. As such the loans really are a piece of history

Adam

[joan of arc] 18/1/2015 17:16

I looked at this on the launch as an interesting divi play but I agree with Solooiler. I wouldn't trust this management as far as I could throw them. I would suggest that anyone who wants to buy these share does their homework very carefully. Any gains here in my view are not likely to last.

Go and read the early posts on this BB to get a flavour.

[solooiler] 18/1/2015 09:57

Of course they can do what they like :0). That does not mean its right!
Its not right to loan out over £9m and then write it off as unrecoverable. :0|!
Bargepole for me and a few people I know. :0)

I Spoke to a broker at Allenby and they suggested ii interest was weak because of this so hard to wipe it under the sofa and say it is irrelevant ;0|!

imho ofc :0)

[paulypilot] 17/1/2015 23:32

The owners of a company can do what they want with it, whilst it's a private company. So whilst the loans to e.g. the Manchester rugby club look bizarre, that was pre-IPO, so as long as it's all sorted out by the time of the IPO (which it has been), then it's irrelevant.

Obviously they can't use the company as a private slush fund now it's a publicly listed company.

Regards, Paul.

[solooiler] 17/1/2015 22:54

Highly questionable mgmt with dodgy related party loans with millions of pounds written off before ipo floated by dodgy zeus capital :0|

Red flags ahoy :0)!

but srsly. related party loans look disgusting :0O

[adamb1978] 17/1/2015 21:49

What are the views on here regarding why the share price is being held back? Lack of news flow? UNknown company?

Trading on a PE of about 9x historic, great growth, stonking yield.....

[neilgbudd] 16/1/2015 15:42

Some huge buys going through at the moment, inc 2 buys of 225k! Looks very promising.

[trulyscrumptious] 12/1/2015 16:09

hxxp://www.shareprophets.com/views/9974/buy-entu-at-107p

[speedsgh] 05/1/2015 10:53

AdamB - see

Registration is free.

[adamb1978] 31/12/2014 15:09

Just going through these for the first time. re the recent trading statement which said 'in line with market expectations', does anyone know what those expectations were? Also, does anyone have a copy of the Edison note which the can send me?
Thanks

[dewtrader] 15/12/2014 07:53

The admission document shows the company have made substantial loans to other companies 'not in the group but under control of common directors', many of which have turned out to be bad. Some remain outstanding. I'd be cautious of such related party activity.


thanks to poster for highlighting

[joan of arc] 24/11/2014 21:47

That's right - dive in and get burnt in 12mths a la Quindell!!!

[plasybryn] 24/11/2014 17:36

Onward & upwards!

[protean] 10/11/2014 13:25

Tipped by Simon Thompson in the IC today. Seems to have attracted a few buyers.

[mikeja] 03/11/2014 06:41

Fairly lengthy mention in FT small cap roundup,could bring it to people's attention.

[blackmarketunit] 30/10/2014 16:57

Interview: Ian Blackhurst CEO Entu plc, floatation, dividends and business models.

[mikeja] 30/10/2014 16:44

An unmentioned bull point on this stock is the shortage of generating power which is looming.It seems highly likely that further gov support may be forthcoming for electricity saving.They look cheap compared to SFE.

[stemis] 30/10/2014 11:44

I think they've piggy backed on the Safestyle flotation. Same broker, Zeus, and similarly raised no new money and offer big yield as a carrot. Funny how the insiders seem to be cashing in their chips on these floats though.....

[joan of arc] 30/10/2014 11:14

Stemis, speedsgh, I am inclined to agree with you. Their whole operation and IPO smacks of self serving and I am not sure how much PI interests they will have at heart in the medium term future. With house prices likely to get squeezed or stagnate for now and therefore people's enthusiasm to spend money on improvement diminishing I think these guys cashed in their chips at what they see as the optimum moment.

I too will forgo the divi temptation for now and keep it on watch.