Netplay TV Share Discussion Threads

[oregano] 19/5/2016 14:08

we may see who has taken the other side of the trade if they are big enough. but it appears there is a material overhang.

[nick rubens] 19/5/2016 13:18

Two Institutional holders reduced RNS's. Could be in a bear phase again with the absence of any corporate updates.

[fizzypop] 18/5/2016 12:06

So last day today before final ex-divi tomorrow hence today's rise.

The market size on LSE is 30,000 shares, I bought 20,000 ... anyone giving much weight to the market size when purchasing? I thought position size was significant here due to risks (penny stock, lack of coverage, supplier concentration etc).

[alan@bj] 18/5/2016 11:06

For info, just a reminder -
In respect of the final dividend, the board of directors has approved an ex-dividend date of 19 May 2016 and a record date of 20 May 2016. In respect of the special dividend, the board of directors has approved an ex-dividend date of 31 May 2016 and a record date of 27 May 2016. Both dividends, if approved, will be paid on 9 June 2016.

[alan@bj] 18/5/2016 10:58

Thanks oregano, good to hear the view of someone who attended the AGM. I hope your latest purchase does well.

[oregano] 18/5/2016 08:38

I attended the AGM. Quite interesting, and nice to get a tour of the facilities.

I can see why it is cheap - it is entirely dependant on ITV and Ch5 for the late night slots. whilst those contracts have been renewed, there is still a big supplier concentration.

That aside, they are doing well and it is demonstrably cheap. I was impressed with the CEO. he knows his stuff.

Acquisitions are clearly hard to come by given the lowly valuation, so I wonder if the specials might become regular.

I bought some more.

[raybawilliams] 11/5/2016 19:02

Mine were buys too. I've nearly doubled my position in Netplay since they announced the year end financials. I think the acquisition is helping cut marketing spend as well as driving new customers while bringing in a profit as well. I'm looking for an improvement in 2016 from the decent 2015 numbers. I'm not sure why the drop off recently but I picked up some more at 9.6 the other day. I'm looking for 13p by year end! GLTA

[rolo7] 11/5/2016 16:21

The sells r buys as one is mine

[nick rubens] 11/5/2016 15:14

What a drag this is turning out to be. Why the selling? I don't get it.

[touche] 29/4/2016 08:14

It is very simple imho, the special dividend is worth about 7% of the total market cap of the company and is a one off.In order to preserve the share price history and to enable meaningful comparison over time the number of shares is being reduced by the same (almost) amount i.e. 7%By doing it this way the share price should not react any differently to a normal dividend payment.

[scbscb] 28/4/2016 17:02

The share consolidation seems pointless it will:
Cost the company money to do, although their advisers will profit for the paper shuffling.
The share price will probably be unchanged after such a minor consolidation. After all most people won't notice, so it will negate the benefit of the 0.68p special dividend.
A 1 for 10 consolidation would of been more useful to get rid of the penny share stigma.

[grannyboy] 22/4/2016 21:01

Henderson selling down their holding, it was only a couple of weeks ago they were buying.

I don't know how Henderson makes any money, I've seen this action with them before in other shares...Whether its something to do with new tax year i don't know..

[vsp2] 20/4/2016 09:45

This has taken me by surprise. Whole lot work to be busy and no real difference to penny status. All I can see is the bigger boys want some cash out.

[robroy2000] 20/4/2016 07:48

That's true zip but at the expense of a reduced cash position on the balance sheet. Robbing Peter to pay Paul. It's not a very imaginative use of funds, investing in the business would have been preferable. You've got to speculate to accumulate.

[trentendboy] 20/4/2016 06:49

It is simply to avoid the penny dreadful stigma. Makes sense IMO.

[pyemckay] 19/4/2016 20:31

net effect is zero. pointless

[rolo7] 19/4/2016 20:13

share price should go up 1/15 6.6% when consolidation take place also?

[zipstuck] 19/4/2016 20:01

It does mean that the future EPS will increase on the remaining shares

[casabella2] 19/4/2016 15:40

Can't see a lot of movement here until after the AGM.c2

[maloneyt] 19/4/2016 11:51

someone turn the freezer off !!! the share price seems to have been stuck frozen solid

[maloneyt] 19/4/2016 08:51

oh sorry.....Its best if they keep it and leave our shares alone.

[maloneyt] 19/4/2016 08:28

so they give us 0.64p per share special dividend and then take off us a share for every 15 held worth 10p each?

[oregano] 19/4/2016 08:22

special divis are often done this way.