Spectrum Interactive Share Discussion Threads

[outsider] 17/3/2009 03:42

BB I think you will find net debt much higher.


"and net debt increased, mainly
as a result of this capital expenditure, from 4.5m to 5.2m."

[outsider] 17/3/2009 03:36

Off topic.....Thx Kenny hope you're well too......Only holding one stock now (SYNC) good luck with Command, I think itwould be way higher by now if not for the credit crunch.

[battlebus] 16/3/2009 19:28

Thanks for that Outsider as i say here for the long term 2015 atleast if the business model hasn't diverged. Borrowings at year end stood at 2.437 million so hopefully under 2 now.

[tenapen] 16/3/2009 18:20

Long time and no see (your username) Outsider.

I hope your well.

[outsider] 16/3/2009 16:20

Good point about interest on the debt, if rates aren't fixed should reduce the interest part significantly, but the core debt itself is my interest, still following and may buy again if the right signals are given, congratulations on having the faith to buy now, it's often when you can acheive significant gains, and this market perhaps a once in a liftime opportunity, hope you make great gains!

[battlebus] 16/3/2009 16:14

With debt linked to libor we should see a significant reduction in gearing. As you say any share with debt has been marked down. Expecting to see borrowings at a minimum by interims 2011.Still buying this stock while it is cheap no reward for investing with the banks.At the agm they spoke of the priority this year to reduce debt so we will see how much progress has been made in a few days.Seems to be run professionaly.

[outsider] 16/3/2009 15:07

They are doing well despite the recent conditions but I guess the high gearing puts a few off buying (like me) until better conditions emerge again.

[battlebus] 16/3/2009 14:13

1.5 million market cap company with expected half year profits of 0.7 million sure can't see why this won't be higher in a medium timeframe when dividends are available again.

[battlebus] 22/1/2009 16:33

Keep buying when she's cheap

[battlebus] 28/10/2008 20:33

BAA contract till 2010. It's obvious the decision to rid loss making payphones had something to do with this but in my opinion putting too high a tender was a mistake by any means.If it leads to a loss of internet desks we may as well rip up those share certificates.Wonder what has changed since they were awarded the terminal 5 contract? BAA say they would sell one London airport so not a great loss of business in that.Payphone revenue 9.5 million less 10% for lost BAA contract =8.55 million less 20%yearly decrease in turnover leaves 6.84 million for next year.Interactive services need an 80% increase to maintain a 17 million turnover.

[rbcrbc] 28/10/2008 20:14

Luckily BAA is being broken up, so all will probably not be lost.

Maybe, just maybe, SIN didnt actually want the payphone contract anymore, and didn't put in much of a bid, assuming it went out to tender. I wonder who got it, and if they also do Wi-Fi desks ? Must have a look next time I travel, although I suspect the contract still has some time to run.

[battlebus] 28/10/2008 19:25

Well my prediction of 5 pence certainly came true! The loss of the headline client in BAA is a bodyblow to a company like this and my cause other clients to reconsider their contracts with Spectrum. Mark Lewarne may put a brave face on this saying it only accounts for 10% of payphone turnover.The truth is the contract with BAA was prestige and should have been held at any cost to safeguard other contracts like internet desks which will now probably also lapse.Not a good day for shareholders expect to see other airport contracts tumble like a house of cards. Next prediction 2p.

[battlebus] 19/10/2008 18:06

Maybe Lord Youngs investment company should put Spectrum up for sale.Other wi-fi companies are at the moment in difficult positions and if they don't grow through acquistions there days are numbered.As you say RBCRBC the next six months will be different either we will see a larger Spectrum Interactive or possibly a cheap sell off that will rob all shareholders.Worries over Whitbread showing a drop in hotel revenues will not help which could leave shares at 5p next week.

[rbcrbc] 18/10/2008 19:27

I'm sure that in 6 months time the market will be different and the true value will be seen.

I just hope it doesn't get bought out for 10p before then....

Hold and wait, hold and wait, no point telling the world, they wont listen this year...

[battlebus] 18/10/2008 18:29

Everywhere you look stocks are at giveaway prices and still have further to fall. Maybe we'll be able to buy this at 2p next week it's not that impossible.Market cap now at 2.71 million with profit just shy of 1 million and further growth in the next year. I think if i was management i'd take this company private. In 2-3 years you would have paid off the loan.Anyhow the management own 50% plus of the shares so hey your halfway there.No point in anyone investing in these climes and this company doesn't pay a divi so not much reward for those left holding.Sad times for a company that has worked hard and turned the business model round only to see no financial benefit for doing so. Anyhow wheres my glass of claret.

[purdue] 30/9/2008 14:10

did you mean the catholic masses next sunday?

[rbcrbc] 30/9/2008 10:24

It must be time to get back in then spaceparallax ??
Before the masses.

[spaceparallax] 30/9/2008 09:52

Sold out some time ago, but it's pleasing to see that the Company have managed to go positive - well done SIN!

[rbcrbc] 30/9/2008 08:37

They look pretty good to me too.
But will the world notice during these troubled times ?

[battlebus] 30/9/2008 07:11

Well at first glance results are good with wifi up 39% to 7.9million.Future growth within the estate and a mention of aquistions which looks likely in these markets.

[battlebus] 05/9/2008 13:37

Those business customers should underpin wifi sales for Spectrum all good tie up or not.

[broomsticks] 05/9/2008 13:11

Here we go again, will they won't they.

There has not been an outright dismissal of a tie-up between Whitbread and Travelodge. Instead Whitbread's chief executive says "you can never say never".

You can say that again Mr Alan Parker. Please!

The question is, as Whitbread plans to get "bigger and bigger" will the planned expansion "of the number of rooms in the UK from 36,000 to 55,000" be organic or through acquisition?

Time will tell, tick tock, tick tock.... meanwhile Spectrum Interactive waits in the wings,

"Whitbread brushes off move for rival
By Lucy Killgren
Published: September 4 2008 07:55 | Last updated: September 4 2008 18:10

Whitbread, the budget hotelier, on Thursday sought to play down its interest in acquiring rival Travelodge, but went short of ruling out the possibility of such a tie-up.
The companies were in talks over a possible merger earlier this year, but they ended in acrimony after the two failed to agree on price. Since then, there has been faint hope that talks could be revived – a suggestion brushed off by Alan Parker, Whitbread's chief executive.
"As Whitbread gets bigger and bigger, there will be less logic for the two companies to get together," he said, adding that the company plans to expand the number of rooms in the UK from 36,000 to 55,000 in five years.
"There is room in the market for both of us but, then again, you can never say never," he added.
Mr Parker spoke as Whitbread reported a substantial rise in sales over the past six months that underlined its position as a haven among leisure stocks.
The group, which is reaping the benefits of a sharper focus on value hotels and coffee bars, reported like-for-like sales up 10.2 per cent at its Premier Inn budget hotels and 3.7 per cent at Costa, the coffee chain.
Yet growth at Costa was at a slower rate than in the first quarter, when it reported a 6 per cent rise in like-for-like sales.
Whitbread said this was down to fewer shoppers on the high street. "Growth at Costa will slow but there will still be growth," said Mr Parker.
Mark Brumby, leisure analyst at Blue Oar Securities, said the statement was "reassuring". "The surprises – not that they were big ones – are that pubs performed so robustly and that Costa has slowed relatively sharply. In both cases, comparisons with 2007 explain a degree of the divergence from expectations."
Demand at Premier Inn was underpinned by thrifty executives attracted to the group's value-for-money offering. Hotel sales rose 17.9 per cent for the 24 weeks to August 14. Business customers now account for about 60 per cent of sales at the chain.
The shares gained 7p to £11.27, giving a market capitalisation of £1.97bn."

Copyright The Financial Times Limited 2008