Eros Share Discussion Threads

[smurfy2001] 17/2/2015 17:57

Eros International's (EROS) CEO Jyoti Deshpande on Q3 2015 Results - Earnings Call transcript

[aimingupward2] 13/2/2015 20:23

I particularly like the comment that ErosNow is "developing as a robust offering that carries tremendous potential" and that "we expect the demand for on-the-go entertainment to grow exponentially".

And "we believe the Company is poised to deliver strong growth in the coming years.”

[rivaldo] 13/2/2015 13:22

Eros India have just reported what looks like terrific Q3 results - with a "buoyant" Q4 and outlook for 2015/16 in view:



The extracts re digital growth are very tasty:

"“ErosNow, our online service showcasing movies, music, music videos and television shows, is developing as a robust offering that carries tremendous potential. Along with improving internet connectivity and forecasts of smartphone user base in India expanding to over 650 million in the next four years, we expect the demand for on-the-go entertainment to grow exponentially. We strongly believe, ErosNow is well-positioned to capitalize on the growing online consumption opportunity in India,” adds Sunil Lulla."

"Digital Strategy led by ErosNow: ErosNow, the Company’s dedicated online entertainment platform offering full length movies, music, music videos and television shows, continued to gain momentum as it added more free and premium subscribers. We are pleased to announce ErosNow has over 14 million registered users worldwide (a combination of free, transactional and premium users) across all its platforms of which just over 10 million are mobile users in India who we were able to successfully convert through our TechZone relationship. We monetize the traffic from free users through advertising, transactional revenue comes when users consume content on a pay-as-you-go basis (mainly mobile WAP customers) and lastly from premium subscribers who sign up to a monthly subscription plan. The Company is focused towards driving reach and increasing customer acquisition through strategic collaborations."

[smurfy2001] 11/2/2015 16:38

Shares of Eros International plc (LON:EROS) have received an average broker rating score of 1.00 (Strong Buy) from the four brokers that provide coverage for the company, Zacks Investment Research reports. Four equities research analysts have rated the stock with a strong buy recommendation.

Analysts have set a 12-month consensus target price of $22.67 for the company and are predicting that the company will post $0.53 EPS for the current quarter, according to Zacks. Zacks has also assigned Eros International plc an industry rank of 115 out of 265 based on the ratings given to related companies.

[foot in mouth] 06/2/2015 14:49

02/05/15 – Eros International to Report Fiscal Third Quarter 2015 Results on February 17, 2015

[aimingupward2] 05/2/2015 21:11

Prospects still looking good here with a 5% rise yesterday and no retrace today. The increasing proportion of institutional holdings is encouraging, so thanks for that data, smurfy.

[smurfy2001] 05/2/2015 20:41

A few of the institutional holders.

I guess some of the posters here will be amongst Barclays ;)

[smurfy2001] 05/2/2015 20:38

Institutional ownership has now increased to 66% from 65% last time l posted this information.

[holts] 21/1/2015 21:49

Bonds strengthening

[ashraf] 21/1/2015 10:27

rivaldo,
Thanks, i've applied for the International trader account online last tuesday on the 13th...but have'nt heard anything from them as yet. I'll have to phone them to speed this up.

[rivaldo] 20/1/2015 10:26

Ashraf, I've just phoned Barclays and they tell me that actually there are NO ongoing charges for their International Trader account - it's completely free apart from transaction charges.

That's the good news. The bad news is that the transfer of the EROS shares can't take place until 5th February, and even then it may take some weeks for the actual transfer to be finalised depending on how quickly the company arrange things, it being an overseas company etc.

At least EROS' share price is looking very healthy at present anyway.

[markhowes] 17/1/2015 16:42

WOW!

No help to you - but at least there is one broker out there who is worse than Barclays.

I didn't think that was possible.

[smurfy2001] 17/1/2015 16:07

Anyone with an interactive investor account please pressure them for an answer when they will sort this. I'm going to phone them Monday to see why they do not have an ETA and also if l can transfer the stock to another broker.

I apologise for the delay in our response, we are receiving an increased volume of contacts which is unfortunately impacting our response times.

There has not been any movement on EROS yet, once there is we will advise all clients who hold this.

We are sorry for any inconvenience.

Should you have any other enquiries, you can continue to write to us by secure message. Our response time is usually 1 working day but in times of high volumes we may take up to 5 working days. However, we would appreciate the opportunity to answer your enquiry immediately. You may therefore wish to call us Monday to Friday, from 07:45 am until 9:00 pm on 0845 200 3637

[smurfy2001] 16/1/2015 20:56

Institutional ownership has now increased to 65% from 63% last time l posted this information.

[ashraf] 15/1/2015 15:46

tux223,
Thanks for the update, much appreciated...i will have to put a W8 form in place.

[tux223] 14/1/2015 21:08

Ashraf,

TD Direct had transferred my shares onto the US market by late December. I can now trade them online as per any US stock (and have done so). Assuming yours likewise, they should be showing in your portfolio under symbol EROS with the usual buy and sell buttons (prior to the transfer they were showing as a string of digits with the telephone button only).

I'm assuming you have a W8-BEN (US Revenue form) in place on your account. If you have never dealt in US shares before, that may be another thing that needs to be sorted out.

[ashraf] 12/1/2015 15:44

jatin,
Thanks.

[jatin724] 12/1/2015 15:41

Ashraf - they told me that they'll allow telephone trades

[ashraf] 12/1/2015 15:38

rivaldo
Thanks for that.
Does anyone know what TD Waterhouse are planning to do regarding dealing in the stock? i haven't received any info from them as yet. thanks

[rivaldo] 12/1/2015 14:55

I've got the same letter, and fortunately already have an International Trader (IT) account holding my shares in APHB and AKR quoted in the USA (both good value at present imho! If a little riskier given they're both medtech companies).

I will certainly be holding on to my EROS shares. From memory, the charges for the IT account are minimal/similar to the MarketMaster account, and the account is simple to keep tabs on imo.

[ashraf] 12/1/2015 14:29

The only way to hang onto your shares is to open an 'International trading' account. my shares are with Barclays and TDW. Does anyone have an International Trading account with barclays...I think the charges to operate this account are the same as their Marketmaster account?

Do most people want to keep their shares or will it be too much of a headache to look after another account?
I think eros could do well over the next 2-3 years.

[markhowes] 10/1/2015 15:28

Yes, I too received my letter from Barclays. If you didn't know better, from reading the letter you would assume that this has all only just happened instead of something that's being going on for simply ages.

And, as you say, they'll sell and then take at least another 6 to eight weeks to pay me my money. Unbelievable!

Personally, I'll be very happy to sell and say goodbye to Barclays. They are not the broker for me!