Spark Ventures Share Discussion Threads

[james dean] 28/1/2013 18:59

I have info the deed is done - just waiting for the monies to be posted.

Regards.

DYOR

[harry rags] 28/1/2013 18:14

Still waiting on the money :-(

[azalea] 28/1/2013 16:48

Money in the account. Estimated NAV 13.68p, roll on the next disposal.

[capt bligh] 25/1/2013 17:28

Very interesting

[james dean] 23/1/2013 14:42

Great link, thanks.

Regards.

DYOR

[capt bligh] 22/1/2013 12:36

You have got to love this guy... a must read. takes ages to load..be patient

[par555] 21/1/2013 12:28

azalea/capt bligh,

Thanks guys that's very helpful, understand the opportunities here better now.

[capt bligh] 21/1/2013 11:35

I think it is important to stress too, that this isn't an ongoing situation the gains are to be fully crystalised at some point next year.

In my view the 13.5 nav is disinctly understated. A lot hinges on the timing of our exit from OPENX in which we have just less than 3%... at the moment this is valued at at c 1.25p/spk share

There have been some hints from Tim Cadogan the chief exec. that openx might float in the nearish term , but nothing definite. Its very difficult to guage exactly where Openx are in value terms... I saw a press report that in 2012 they doubled revenues and at the end of 2011 they were at a run rate on 100m rev and operating at a profit. Activities 4 trillion as opposed to 1 trillion. 7 times revenue for this type of co. is a number I have heard from an industry insider. =(say on a conservative 200million revs. )1.4 billion $ = c +6p/spark share roughly, I expect though that if we sell our 3% before float we would get less.

[azalea] 21/1/2013 11:14

In essence the share price does not reflect the remaining higher NAV last calculated at 16.16p, that minus 2.5p = 13.5p. If the individual assets rise before final closure then even more will be realised.

[par555] 21/1/2013 10:44

This maybe a very niave observation, and I am sure somone on here will be able to put me right, but if the share price is going to go down 2p everytime we get a return of cash of 2p what's the point of holding these ?

[beaufort1] 21/1/2013 10:25

Nasty moment, then I realised SPK had gone ex-div today

[azalea] 15/1/2013 09:27

Payment on 28/1.

[capt bligh] 15/1/2013 09:15

When is/ was the actual date of record for the 2.5p

[azalea] 15/1/2013 07:05

2.5p it is then. There should be news of another return of cash on another company, in April. Return of cash should be on a roll in 2013.

[capt bligh] 14/1/2013 15:07

At the end of 2011 openx were at a run rate of c100M$ revenues... might now put hem on what as a run rate... say $500 mill revs. This is a very big business and growing like bejasus.

I used to hink a big holding in IMI was the jewel in the crown but beginning to think Openx will be a multi billion $ company. 3% of which is going to be tasty.

[azalea] 14/1/2013 12:49

This week the Board decides on whether to repay 2p or the more likely 2.5p. On the 28/1 payment should be winging its way to holders accounts.

CP. that is a colossal increase.

[capt bligh] 14/1/2013 12:34

" In 2012 OpenX served nearly 4 trillion ads, a near 300% growth from the 1 trillion the Company served in 2011."

[azalea] 10/1/2013 09:06

I am adopting for 'B' as I can write off the 'profit' against my losses.

[seanyboy] 10/1/2013 00:39

is there a case for option B?

[azalea] 02/1/2013 14:00

The U.S. S&P should end notably higher today, which could give SPK portfolio valuation a boost ahead of the 2.5p payment due on the 28/1.

[james dean] 31/12/2012 13:34

Happy New Year

[tomatoma2] 27/12/2012 16:37

SPK holding in notonthehighstreet.com, Kolbalt,Firebox and Mind Candy were worth £23.2m/5.65p a share, which could readily be realised. The latter plus cash of £19.3m/4.7p a share, almost backed the 11.25p share price