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Share Name Share Symbol Market Type Share ISIN Share Description
Marwyn Value Investors Limited LSE:MVI London Ordinary Share KYG5897M1740 ORD 0.0001P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 122.00 117.00 127.00 122.00 122.00 122.00 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 0.0 0.0 - 75

Marwyn Value Investors Share Discussion Threads

Showing 1651 to 1675 of 1800 messages
Chat Pages: 72  71  70  69  68  67  66  65  64  63  62  61  Older
DateSubjectAuthorDiscuss
29/3/2021
10:29
Liberum; Significant NAV uplift from Euskaltel bid Mkt Cap £61m | Prem/(disc) -33.1% | Div yield 2.1% Event Masmovil yesterday announced a takeover bid for Euskaltel worth almost €2bn. Euskaltel is a quad-play telecoms provider in the North of Spain The largest shareholder in Euskaletel is Zegona Communications, which is the biggest position in MVI's portfolio. Zegona accounts for approximately 33% of MVI's NAV (based on Friday's closing price). Zegona's large shareholding in Euskaltel originated when it sold Telecable to Euskaltel in 2017 in a cash and share transaction. Masmovil's offer of €11.17 per share in cash for Euskaltel has the agreement of 52.3% of shareholders. The offer price represents a 16.5% premium to Friday's closing price. The offer is conditional on receiving at least 75% acceptance. The transaction values Euskaltel at 10.1x EBITDA and 21x operating cash flow. Liberum view A transaction between Masmovil and Euskaltel has been speculated for a number of years. Assuming the takeover completes, the transaction should be highly accretive for Zegona shareholders. Based on Friday's closing price, Zegona's market cap is £207m and the company's 21.4% stake in Euskaltel is valued at €428m (£363m) at the offer price. Zegona also has a small net cash position resulting in an underlying asset value per share of 170p (80% premium to Friday's price). Zegona’s share price has risen by 32% so far this morning. We would expect the majority of capital received by Zegona to be returned to shareholders.
davebowler
29/3/2021
10:20
Well that is surely a bold call - 170p for ZEG versus the current offer price of 120p! What do you make the figure for the ZEG NAV assuming the EKT offer goes through?
skyship
29/3/2021
10:14
MVI exiting ZEG!
tiltonboy
29/3/2021
10:12
"Assuming an exit price of 170p"! Exit price for what Tilts? The ZEG holding apparently represents 37.2% of the MVI NAV - according to the Interims to 30/06/20. So the 26% rise in ZEG from 95p to 120p takes the ZEG stake valuation up from 62p to 78p per share; adding 16p to the NAV, which therefore climbs from 166p to 182p. At 118p the discount stands at 35%.
skyship
29/3/2021
09:51
16% premium to Fridays price
makinbuks
29/3/2021
09:47
Assuming an exit price of 170p, this should add 30p on to NAV, minus any performance fees. With the small uplift on ADVT, the NAV looks to be around 190p. ZEG cash would represent about 93p of NAV (less performance fees)
tiltonboy
29/3/2021
08:56
Anybody done the maths for the effect on our NAV? Will do so when I have some consistent internet connection - only came on 5mins ago!!!
skyship
29/3/2021
08:31
Thanks for posting tiltonboy, the reaction is positive so far!
wiganer
29/3/2021
06:34
https://www.bloomberg.com/news/articles/2021-03-28/masmovil-offers-eu2-1-billion-in-cash-for-euskaltel-kmtiw5v1
tiltonboy
23/3/2021
13:28
yes MVI is really only suitable for, ahem, "sophisticated" investors.
hugepants
23/3/2021
12:23
P.s. when I bought my huge £800 stake last week, AJ Bell made me do an exam first, as MVI is classed as a complex investment!
wiganer
22/3/2021
22:36
but are there any shares to trade at the moment? The placing shares aren't admitted until tomorrow.
hugepants
22/3/2021
19:42
Its been trading under MAC1 for a couple of days
tiltonboy
22/3/2021
19:26
I wonder who though up the name "AdvancedAdvT". How do you even pronounce it!? Anyway it lists tomorrow with epic ADVT. Should be interesting to see the price it opens at. If it's a big premium it will make buying MVI shares the better option imo.
hugepants
19/3/2021
18:06
Given the name behind this one, even I will ascribe a bit of value...lol...
tiltonboy
19/3/2021
17:35
10p of hot air! LOL All we've seen is intent
makinbuks
19/3/2021
15:09
At 150p on MAC1, it adds about 10p to NAV.
tiltonboy
19/3/2021
15:08
Why don't the MMs raise the visible bid price? Surely that might tempt someone to sell a few at, say, 105p...
skyship
19/3/2021
15:05
I'm trying to buy a few more, but struggling
tiltonboy
19/3/2021
14:42
Unable to get an online quote for a small top-up...
skyship
19/3/2021
13:57
Well done, mine was the little £800 punt at 107.12 yesterday.
wiganer
19/3/2021
13:40
Adds a few pence to MVI NAV. With all the interest in SPACS, I'm surprised there hasn't been more interest in MVI given they have some off-the-shelf vehicles ready. I had to pay 108 this morning
tiltonboy
19/3/2021
13:25
Dealings in MAC1 - nice close spread as they power up to 140p-170p!
skyship
18/3/2021
22:19
More likely to be something like...ahem...wellington boots?
gleach23
18/3/2021
21:39
I dont think they are that clever!
tiltonboy
Chat Pages: 72  71  70  69  68  67  66  65  64  63  62  61  Older
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