Ienergizer Share Discussion Threads

[edmondj] 26/4/2023 11:15

davidosh,

Well I have equity in an unlisted company and the dividends are good (except during Covid) but selling would be on a matched bargain basis where I don't necessarily trust the valuation. Holding is likely worth six figures and I'm not bothered to sell as I like the divis (over £10k annually) and assume the two majority shareholders will eventually orchestrate a trade sale (when one in a managerial role, retires).

But whether to buy a stock ahead of de-listing, am less sure I would want to end up holding. Not surprisingly perhaps, there is a speculative bounce here given the fundamentals suggest a big yield and potential long-term trade sale if you want to tuck it away. But another rush to exit seems liable, closer to de-listing, then a queue of sellers on a matched bargain basis - possibly with the 85% holder able to set price.

Admittedly, if this one achieves a benchmark 40p EPS as recently was consensus, and pays out say half of that (although consensus has projected 25p to 28p) then yes it's a whopping yield to have comfort for. But I thought I read, debt has shot up to pay dividends?

Feb 2021 piece:

IEnergizer, Inc. has received a $165 million loan financing backing a shareholder dividend and debt refinancing. CIT Group Inc.'s technology, media and telecommunications business is co-lead arranger and joint bookrunner, the companies said today.

The debt financing includes a $150 million term loan and a $15 million revolving credit facility, according to the statement.

[davidosh] 26/4/2023 11:06

I am clearly staring at posts from traders and not investors so I am posting this purely as a risk/reward analysis but I intend to have a meeting with the chair as this company cannot go from being a billion pound company to less than a £100m purely on a non operational announcement without it being an absolute bargain if there can be clarification on some matters going forward.

I need the chairman and board to give clarity and confirmation on those and I know the major shareholders will want the same.

This is a growth company that has paid a significant dividend. If that continues then whether it is on market or off market the value of the company is probably five to seven times greater than where it is now and we know the large shareholder who has requested this delisting really does like his dividends.

That is an investor viewpoint with a longer term horizon than just today or even 35 minutes for some here. I have been invested in five companies that delisted and four have done very well and only one flopped....whilst one actually ten bagged from the delisting price so from my perspective if I know what is happening then I fear very little from a delist.

[zen12] 26/4/2023 10:48

Broken resistance 0.68 up we go

[zen12] 26/4/2023 10:46

Tiny free float, will turn quickly as once buyers scramble to get back in..!

[jackjackpaul] 26/4/2023 10:32

Looks like it wants to go blue… if so expect fireworks again

[mn100] 26/4/2023 10:11

I'm back in now.

[burtond1] 26/4/2023 10:09

Want a write up on this Company? Vote below with @tmsreach https://twitter.com/tmsreach/status/1651150952471093248?s=46&t=z43m4_7LgUJ7F0f0suJ-OQ

[mallorca 9] 26/4/2023 10:07

Not many in profit here ....although lots pretending to be.

[g2theary] 26/4/2023 09:55

Not me I said take your profit's last night :)

[mallorca 9] 26/4/2023 09:51

Oh dear ... what's happening here ... I though you guy's said £1 by lunchtime lol

[g2theary] 26/4/2023 09:51

The bigger prize awaits at VAST DYOR ;)

[zen12] 26/4/2023 09:29

You're doing it again as yesterday for your 10% lol

[g2theary] 26/4/2023 09:23

GET YOUR MONEY IN VAST FAST TAKE OFF ABOUT TO HAPPEN ;) COME BACK FOR FEAST HERE AT 30P :)

[tuna hunter] 26/4/2023 09:15

coke and hookers.

[kimchi1] 26/4/2023 09:03

Over 20k profit ! Now, where to reinvest it ?

[kimchi1] 26/4/2023 08:59

Sold my 37p stake at 81p this morning - a few left for a free ride
Did the fireman911 get the timing wrong AGAIN ?! Too bad for him, lol

[g2theary] 26/4/2023 08:57

Did say yesterday eve :)

[shakesmaster] 26/4/2023 08:53

Get the hell out you have been led to the slaughterhouse.

Sub 50p end of day close.

[g2theary] 26/4/2023 08:49

It's going. Down hard today here sadly for the ones like F911 who got sucked into the hype ... be buying loads at 30p ;)

[mally6] 26/4/2023 08:42

This is delisting with 80% holder in favour the bounce has happened just don't get caught holding

[g2theary] 26/4/2023 08:25

Overall market is about to crumble especially in the short term ... this will be back at 30p ;) the. I'll be buying with all the profits from my PUT option profits shorting the DAX & -DoW