Sepura Share Discussion Threads

[tjbird] 28/9/2016 12:11

will buy back at 14p

[redsails] 28/9/2016 12:09

TjYou appear to be of a nervous disposition... Can I suggest you may be better off taking up knitting or perhaps stamp collecting even

[tjbird] 28/9/2016 12:04

going red again?
sold

[teacup] 28/9/2016 12:00

The board here bought £1 million worth of shares at 35p in a recent placing. I can see a number of them buying at this price to defend against any takeover or at least see a profit on their transactions if a takeover is successful.

[redsails] 28/9/2016 11:53

Here we go onwards and upwards... To infinity and beyond!...Oh sorry got carried away for a minute there ..

[teacup] 28/9/2016 11:48

We will see a bid on the table as I don't think the board are in a position to fight unless the share price recovers fairly quickly.

[kidknocked] 28/9/2016 11:44

Thanks SH1984, very useful. L2 looking very strong at the mo.

[sh1984] 28/9/2016 11:35

Just a brief comment that as a major player in the industry they will always be interested parties as the company is in a strong position, particularly the US market.

May have been something mentioned earlier but I missed the first part of the meeting.

[recovery1] 28/9/2016 11:25

any thing said about take over??..ok, approval for company to buy back shares approved, is this a start? did anyone question this??

[l0ngshanks] 28/9/2016 11:21

Hello AGMers, was anything said about management changes?

[apfindley] 28/9/2016 11:20

Buys flooding in now.Looking very good here as the company has today said its in a much better position than people think.

[apfindley] 28/9/2016 11:13

SHThat's what I took away also.Looking very positive really Bear in mind the price was collapsed on profit warnings, and delays in customers paying, not on long term outlook. So no reason for it not to coast through this dip. Especially with bidders looking over the company operations.

[sh1984] 28/9/2016 11:02

Also passed a resolution to buy back shares

[sh1984] 28/9/2016 10:56

Missed the most part but managed to catch a bit at the end, company is operating in business per usual form, they have new contracts and renewals in the pipeline but have been hit by delays in customer orders as customers are keen to cut costs. The have enough cash in the placing to keep going but will breach some covenants on EBITDAR, but overall positive they can turn it around.

[apfindley] 28/9/2016 10:42

All passed.Looking promising.Sounds like a lot of Interest.

[tsmith2] 28/9/2016 09:55

Cool, you reporting live for us?

[sh1984] 28/9/2016 09:14

Starts in 15mins TS - I'm trying to make it may be a bit late..........

[tsmith2] 28/9/2016 08:05

What time is the AGM?

[tsmith2] 28/9/2016 07:54

Clarification on covenants would really put cats among pigeons for shorters

[kidknocked] 28/9/2016 07:49

The tjbird post is from the 29th July edition of business weekly. Utterly pointless. I do expect an agm statement today and continue to hold.

[tsmith2] 28/9/2016 07:29

Source, link and date pls

[tjbird] 28/9/2016 07:28

International companies are preparing to cash in on Brexit with a sustained targeting of Cambridge UK technology businesses, investment sources close to the action have told Business Weekly.

Opportunist strikes are increasingly likely over the next few months, principally from US and Asia sources who have already signalled their intentions to Cambridge business brokers – and in some cases via direct contact with companies themselves.

SoftBank’s controversial, high profile $31 billion bid for ARM looks like being just the start. Sepura, the communications technology business, now reveals that it has been targeted.
Two of the city’s brightest young tech companies – one in software and one in the broader communications tech arena – have also confirmed approaches to Business Weekly. One has rejected a bid offer from a potential US acquirer.

The other is likely to go in a matter of months if the price is right. Sepura has had a rough ride since reporting short-term liquidity issues and its share price crashed from £1.97p at the start of April to the low-50s. Its stock has risen significantly in the last week, prompting Sepura to concede that it had received a “very preliminary approach from a third party which had since confirmed that it does not intend to submit a formal offer.”

The company remains a prime target having recently raised £65m and opened up burgeoning opportunities in North and Latin America with the acquisition of Teltronic. Given its share price and market cap of £199.68m allied to a broadening suite of technologies, Sepura is an attractive target.

[tsmith2] 27/9/2016 23:51

Agm tomorrow?