Eurodis Elect. Share Discussion Threads

[ed winchester] 10/7/2005 11:20

well they must have seen somthing convincing for them to reach to an advance stage of discussions.

[jordaggy] 10/7/2005 11:17

Morning all,

Let's face up to it, the story from here on in needs to be very convincing if any investor is going to buy into this share...I'm down a small fortune myself - that's the way it goes sometimes - some you win some you lose.

[ed winchester] 10/7/2005 11:09

or have a shareholding in a larger outfit.

[momentos] 10/7/2005 11:02

Big ouch!

Not just the PI's averaging down then! Would've thought they want at least 5m

[ed winchester] 10/7/2005 10:46

hi momentos.. no need to apologise.

before the rights, they had 49,315,898 shares (29.59 %) which were bought at 20p and much higher. So even if we take 30p as their average, that lot cost them £15m (I do know they were buying in 70p region as well). So if the rest were bought at 5p, (£6m)... they paid £21m for their holding.

[momentos] 10/7/2005 08:53

Ah, I stand corrected! Apologies Ed....

And they haven't sold one. Probably cost them 10m to buy over the period. Any bets on their minimum out, somehow I don't think its 1.25m (0.75p)

[ed winchester] 09/7/2005 22:33

and here is the actual RNS :




Date of acquisition 2ND MARCH 2004

Acquisition in EURODIS ELECTRON PLC (name of company)


(1) Class of voting shares Number of shares/rights If rights over shares
(eg ordinary shares) over shares acquired acquired, as opposed
to the shares
themselves, specify
nature of rights

ORDINARY SHARES OF 126,022,978 shares
1P EACH N/A rights


(2) Resultant total holding Resultant total holding Total percentage
of voting shares (and % of rights over shares
of total voting shares (and % of total voting
in issue) shares in issue)

166,288,870 (17.57%) (%) 17.57%


(3) Party making disclosure UNICORN ASSET MANAGEMENT

(4) (a) Name of person acquiring shares or rights over shares

UNICORN ASSET MANAGEMENT

[fusebox] 09/7/2005 16:20

ELH back to its low point on the bid even though there may be an announcement. There are far better players elswhere.

Sorry ED...EKT still the most read share on armshare and the best story out there with fantastic prospects to come and serioulsy undervlued and in fantastic financial shape.

[lord butterstock] 09/7/2005 13:01

Good afternoon Greg

[shirishg] 09/7/2005 13:00

Post removed by ADVFN

[ed winchester] 09/7/2005 12:28

afternoon all.

talk about hilarious. We all know its Hermes, and they've been selling for a while now, even before the talks started. They didnt suddenly decide to sell yesterday (which Indy has presumed).

If talks were off, they would have announced it as soon as it became apparent. That 14m trade was done at 10:41. So Eurodis has nearly 6 hours to issue a "no longer in talks" statement.

Yesterday we saw something similar to what happened late last year when fidelity capitulated and sold their final tranche for what ever price they were offered. However, this time round its no where near as many as fidelity sold (they sold 80m @ 1p). Yesterday's 14m sale @ 0.75p to KLWT (I presume) has been quickly taken out by buyers and it looks like they have very little of that left on their books. In fact the buying price soon after was higher than what it was on thursday. More over buys actually appeared as buys, which is another sign that the overhang is hopefully out of the way.

[0zzy] 09/7/2005 12:02

GM all...from "The Independent" today:

'A big sale of shares in Eurodis Electron sparked fears that negotiations with an electronics distributor may be off. The shares fell 0.13p to 0.92p.'

Could this provoke a comment from the management?

[mike012321] 09/7/2005 07:36

Missed all the excitement yesterday-nice to see Hermes out of the way.


European CEM-market still going strong (CEM - contract electronics manufacturers):


The European CEM-industry remains one of the most important sectors within the electronics market, according to a study made by Reed Electronics Research.

July 07, 2005 05:38 (ElectronicsWeekly)

Following the recovery after years of recession, the Western European CEM industry will expand from EUR 19.7bn to EUR 47.1bn by 2009. The advantage Eastern Europe offers in terms of cost savings will result in the region experiencing stronger growth with CEM industry reaching EUR 11bn by 2009, up from an estimated EUR 4bn in 2004, according to the study.

Breakdown in regions of the European CEM-market in 2004 (%):
Germany: 23
UK: 18.1
Eastern Europe: 16.8
France: 13
Scandinavia: 9.4
Italy: 8.4
Rest: 11.5



The above info appears to be taken from...

THE EUROPEAN CONTRACT
ELECTRONIC ASSEMBLY
INDUSTRY 2004-2009
A Strategic Study of the European CEM Industry

Extracts at....



Eurodis supplies to contract electronics manufacturers,eg Flextronics,Elcoteq,Solectron (I think) and others.

(Also see Ed's article in header:
24 Jun '05 - 22% of world production will remain in Europe by 2009)

[shirishg] 09/7/2005 03:52

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[shirishg] 09/7/2005 03:52

Post removed by ADVFN

[superbigal] 08/7/2005 19:27

The Predator is most likely RUTRONIK

[sore loser] 08/7/2005 17:23

rct - don't laugh but I have a Natwest brokerline account... high charges and takes anything up to 3 or 4 minutes to do a deal - can be nerve racking when crashing through a stop loss...

At least they pass on price improvements which I understand Halifax don't...

I think its the mm who might select the reporting method? I have sold shares in the same co twice in one day and the first might show up on advfn and the second on virt-x. Hence I think it depends on the mm.

I ought to get another broker, but then I only opened the account to dabble...

About 4 years ago... (hollow laugh)

Got level 2 recently (!!) which helps but doesn't stop me picking dogs...

However I'm sure ELH will come good this time.

O/T Also into PRO (AARRGH): YOO (dodgy - but on the drop @ 4.5p) and CCO (I challenge you not to be intrigued by the story behind this one if you don't know it - also a stock favoured by Steven Lempriere. If you haven't heard of him then check out his RL thread - highly enlightening!)

Have a good weekend all.

[sore loser] 08/7/2005 17:23

rct - don't laugh but I have a Natwest brokerline account... high charges and takes anything up to 3 or 4 minutes to do a deal - can be nerve racking when crashing through a stop loss...

At least they pass on price improvements which I understand Halifax don't...

I think its the mm who might select the reporting method? I have sold shares in the same co twice in one day and the first might show up on advfn and the second on virt-x. Hence I think it depends on the mm.

I ought to get another broker, but then I only opened the account to dabble...

About 4 years ago... (hollow laugh)

Got level 2 recently (!!) which helps but doesn't stop me picking dogs...

However I'm sure ELH will come good this time.

O/T Also into PRO (AARRGH): YOO (dodgy - but on the drop @ 4.5p) and CCO (I challenge you not to be intrigued by the story behind this one if you don't know it - also a stock favoured by Steven Lempriere. If you haven't heard of him then check out his RL thread - highly enlightening!)

Have a good weekend all.

[ed winchester] 08/7/2005 16:58

24 million traded today. i would assume only 5 mill of the overhang left, which is pretty small.

[farsight] 08/7/2005 16:57

Good luck guys.

[realcooltrader] 08/7/2005 16:55

Seconded, good weekend all.

[ed winchester] 08/7/2005 16:52

best of luck sl, we all need it especially with what we've been through with this stock....