Share Name Share Symbol Market Type Share ISIN Share Description
Eros LSE:EROS London Ordinary Share GB00B13JS954 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 235.50p 0.00p 0.00p - - - 0 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 141.7 30.0 15.1 12.9 308

Eros Share Discussion Threads

Showing 10201 to 10223 of 10575 messages
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DateSubjectAuthorDiscuss
02/11/2015
13:52
must admit I admire their positivity (ref: exract below) and being a long term shareholder hope that the review from U.S. law firm Skadden, Arps, Slate, Meagher & Flom LLP echo's this. - ( Sledin: Let me know if the credentials are in order from this lot ?!) - Sincere good luck to all holders Commenting on the erroneous accusations, the Company concluded: “Eros will survive this attack and emerge a winner in the long run for many keys reasons including: 1. The Company’s fundamentals are strong with successful track record spanning decades. The Company may be two years old on NYSE but its business is not a start-up. 2. The Company has a dominant market share of the Indian box office worldwide. See below India Box Office for the top 15 films in 2015 where over 50% of the films are Eros films. 3. The Company’s unique library of over 3,000 films is a key competitive advantage. 4. The Company’s unparalleled global distribution network allows the Company to distribute our films in over 50 different countries curated in over 25 different languages. 5. The Company’s online entertainment platform ErosNow is an attractive consumer proposition with already 30 million registered users worldwide in the backdrop of 860 million plus mobile subscribers and growing 4G and broadband user base in India. 6. The Company’s strong under-levered balance sheet ensures we are well capitalized at all times. The Company has released 8 out of the top 15 films of 2015 as well as 2 out of the Top 3 grossing films for the year. The Company wants to restore market confidence and leave the matters now in the capable hands of its legal advisors to take this to its logical legal conclusion. Once again, the Company sincerely thanks all its long-term shareholders who have stood solidly by them through this and its new shareholders who have seen the opportunity in this. The Company is now even more determined than ever to rise above this challenge and emerge winners.
michael156
02/11/2015
13:33
Comprehensive response from EROS - the stock is up almost 14% to $12.70 in pre-market trading: Http://finance.yahoo.com/news/eros-international-reinforces-positive-business-123700773.html
rivaldo
02/11/2015
13:17
The company did not specifically address the UAE issue. The other point of contention was that the company had reported that it had more than 30 million users for ErosNow as of Sept. 30. (ErosNow is the company’s Netflix-like film and music streaming service.) This user number was questioned in a Twitter post. Katz also wrote in his report that: “We’re still feeling uncertain about the ErosNow user count. Public websites that track app downloads (i.e. App Annie) show relatively low rankings for ErosNow vs. other Indian streaming services with lower user counts. We can’t reconcile the disparity and it’s a red flag for investors.” The company has clarified in a press statement that its base of 30 million registered users is a combination of web, WAP and APP customers – acquired organically and through an acquisition. http://www.forbes.com/sites/anuraghunathan/2015/10/27/high-drama-at-indian-film-co-eros-stock-tanks-nearly-50-company-responds-questions-remain/
soul limbo
02/11/2015
13:15
The Twitter post said: “Other than Eros, no other credible media company, has such a large percentage of annual sales out of the UAE!” This led to a clamor for answers from the company and Eros had an investor call on Friday to explain this. At the end of the call, Wells Fargo analyst Eric Katz was not satisfied with the responses and issued a downgrade to “market perform.” “It is difficult to fully grasp the collection cycle and movement of funds (particularly deals booked in the UAE),” Wells Fargo senior analysts Eric Katz noted in the report. “We still don’t know the largest content buyers driving this increase, and we aren’t fully comfortable with the fact that nearly half of the revenue originates outside of India. We’ve been big supporters of Eros since launching coverage with an ‘outperform’ in September 2014, but a few key metrics have been put under the spotlight causing us to take a fresh look at our thesis.” http://www.forbes.com/sites/anuraghunathan/2015/10/27/high-drama-at-indian-film-co-eros-stock-tanks-nearly-50-company-responds-questions-remain/
soul limbo
02/11/2015
13:11
What stinks at eros, is the cronyism employed in the business.
soul limbo
02/11/2015
13:10
if they are generating so much cash, why continue to issue stock to cover cash short falls ? they fail to address that key point. It was the same at QPP, they claimed to make oodles of profit.... receivables ballooned..... yet had to continue to issue shares to keep them going. To make matters worse, EROS has been consistently issuing stock to pay for its cash shortfalls. During fiscal-year 2015, EROS issued 8.5 million of shares on eight separate occasions. The share count excluding Class B stock grew 36% from 23.5 million to 33.0 million. So while Adjusted EBITDA grew 26.0% in fiscal-year 2015, Adjusted EBITDA per share grew only 4.5%. Further, on an unadjusted basis, EBITDA actually decreased 1.3% on a per share basis. In addition, the Founders Group has been consistently selling its shares. As of March 2015, the Founders Group owned 46.7% of EROS, representing virtually only Class B ownership stock. Three years earlier, its ownership was 69.8%.
soul limbo
02/11/2015
12:56
good announcement out on the nyse, got my bonds back at 38.75 saving a vast amount over the price sold at last week
eurofox
02/11/2015
11:55
that announcement seems to contradict the bond prospectus which indicates that "eros international plc" ordinary shares are traded on nse, not those of "eros international media ltd" (which are traded on the Bombay exchange)as claimed by the Bombay exchange note - no wonder this announcement is not published by nse
eurofox
02/11/2015
11:23
Further statement coming from Eros this evening. Not sure if that's evening in India or elsewhere hxxp://www.bseindia.com/xml-data/corpfiling/AttachLive/49F958E9_3641_465B_956D_E40664676245_151037.pdf
ciaranfairmichael
02/11/2015
10:54
Thanks for pointing that out Sledin, Well ! I thought Grant Thornton looked far more impressive than the accountants in AlphaE's report- Anil Jagetiya + co....its like chalk and cheese reading the 2 reports, so guess its wait for Eros now ? I see the bonds were diving this morning, they need to act fast.
michael156
02/11/2015
07:43
michael156 - I'm not sure you should be taking any re-assurance from Grant Thornton signing off Eros accounts. These are the same auditor's that signed off GBO accounts. Just look how that turned out!
sledin
02/11/2015
07:06
closed early on the Bombay stock exchange 10% down on a "circuit breaker" event, with clarification on US investigations sought.
eurofox
02/11/2015
00:49
Thanks miti for the link, really gives a different perspective.
smurfy2001
01/11/2015
19:44
Macquarie have a different take on ErosNow. htTp://www.livemint.com/Companies/xprRHBoNkMof16DjtzXiyJ/Eros-International-pushes-videoondemand-in-India-before-Ne.html "Macquarie Group Ltd has estimated Eros Now could have 40 million users in 2016 and 133 million in 2020, though with probably fewer than 10% paying for subscriptions. Still, counting sales from in-app transactions and ads, it could be booking just under $664 million in revenue in five years, more than double Eros’s total 2015 sales."
blusteradjuster
01/11/2015
17:57
Thanks for posting that miti...............I am not sure how strong a rebuttal it is of Alpha's claims and of others. I still hold shares in EROS.........let's hope the ship doesn't go down. We need the results fast and perhaps an audit by an independent third party.......the family should speak up.
foot in mouth
01/11/2015
17:33
hxxps://financialfactfinder.wordpress.com/2015/11/01/eros-a-vicious-takedown-by-a-professional-scam-artist-or-the-new-enron/
miti 1000
01/11/2015
09:51
So, the vultures have started cicling, pitching for business on the back of that report without contributing anything to it, just taking a ride like a bunch of free-loaders: Bronstein, Gewirtz & Grossman Law Firm, Rosen Law Firm, Pomerantz Law Firm all "announcing investigation of potential securities claims on behalf of shareholders of Eros International Plc (EROS) resulting from allegations that Eros may have issued materially misleading business information to the investing public." Like "Come & see us! On the basis of other peeps' work we'll oblige by grabbing a large %age of your compensation"... Yeah, yeah, the world will never change, eh?
napoleon 14th
01/11/2015
09:11
Obviously an insider job, controling the show for their own benefit: "EROS has a dual share class structure with Class A shares having 1 vote and Class B shares having 10 votes. Class B is entirely owned by the Founders Group" If that ain't a red flag you must be colour blind! ________ Auditors' address: "Mind Space"!!!, Malad. Add an "E" & you get the French "malade" which means "sick/ill/crazy"! Can be quite correct, but LOL...
napoleon 14th
01/11/2015
08:11
I had not heard of Alexa before reading this report. To look at this from a different angle, I looked at the "presence" on social media of ErosNow and two competitors mentioned in the report (Hotstar and dittotv). Facebook total likes/FB likes last 24 hours/Twitter followers ErosNow - 8,984,185/9,736/144,078 Hotstar - 894,657/1,831/40,706 Dittotv - 108,462/22/1,475 I don't know how to reconcile the relative "buzz" surrounding ErosNow with its lowly Alexa rank. Social media is, however, more widely used than tracking toolbars. The report's author does, however, have a good point about the carrying value of their library of films.
blusteradjuster
31/10/2015
23:30
no http://seekingalpha.com/author/alpha-exposure
soul limbo
31/10/2015
21:38
Soul Limbo, did you write the article?
smurfy2001
31/10/2015
07:10
htTps://alphaexposure.wordpress.com/2015/10/30/unlike-the-name-investors-should-not-love-eros/ EROS is not alone in the battle for streaming video subscribers. Star India is an Indian media and entertainment conglomerate owned by 21st Century Fox. HotStar is Star India’s mobile application for digital media. It was launched on February 1, 2015, and has already overtaken Eros Now, which claims to have launched in 2012. HotStar’s acceptance and use has been driven by its cost-free content and a technology solution for bandwidth and content discovery. www.hotstar.com is ranked #150 in India based on Alexa traffic ranks, compared to www.ErosNow.com at #2,549.[14] htTp://waystoavoidscamsonline.com/how-does-alexa-track-traffic-do-they-really-have-a-grasp-of-your-traffic Alexa gets their rankings from the Alexa Toolbar, which people install into their browsers and it basically tracks their activity around the Internet, the websites they visit, and how often they visit. This is where they get most of their data from, so they really do have a minute set of data to work with as only a small fraction of people actually have the Alexa toolbar installed (guestimates say around 15-20 million downloads…many of these no longer active), with a good deal of these being people that are Internet marketers who want to track their Alexa rankings. Completely bogus. Alexa ranking data is completely bogus. The obvious, but ineffective way to get higher Alexa rankings would be to get more traffic to your website but this is simply not the case. The correct way to get higher Alexa rankings is to get more people to visit your website that have the Alexa toolbar installed. I am not going to go into details, but based on my first point there are very few data triggers that Alexa has to work off of that are not publicly available. They have no access to ACTUAL website data (only the owner of a website has access to actual traffic stats). The traffic data they use is based on their toolbar, so naturally the more people that visit your site that have the toolbar installed will improve your Alexa rank (hint, hint). Recently it appears that many folks have been vastly misinformed as to how Alexa works and what the purpose of Alexa is. There are folks going around the Internet touting an Alexa score as some sort of indicator as to how well a website ranks in Google or how it reflects website success. However, Alexa rank has no correlation to SEO or how well a site gets indexed. So if someone tells you that Alexa means something and tout it as a reason to join their service, you may want to head the other way.
blusteradjuster
30/10/2015
21:16
and another: Pomerantz Law Firm Investigates Claims On Behalf of Eros International Plc - EROS NEW YORK, NY / ACCESSWIRE / October 30, 2015 / Pomerantz LLP is investigating claims on behalf of investors of Eros International Plc ("Eros" or the "Company") (EROS). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980. The investigation concerns whether Eros and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. On October 30, 2015, the investment blog Alpha Exposure published a report titled "Unlike the name, investors should not love EROS." The Alpha Exposure report stated, in part, that: (1) "EROS' reported earnings are significantly overstating the economic reality of its business model" as a result of the Company's "aggressive accounting practices"; (2) "EROS subsidiary financials reveal a lack of free cash flow and raise many questions about the company's accounting"; and (3) "EROS has enriched its controlling family at the expense of shareholders through a series of related party transactions." On this news, the Company's common stock fell $1.69, or more than 13 percent, to close at $11.17 on October 30, 2015. The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Florida, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com. SOURCE: Pomerantz LLP
eurofox
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