Ten Alps Share Discussion Threads

[nilip] 27/8/2010 08:00

Morning chaps.

Looks like overhang cleared yesterday !?!

[nilip] 26/8/2010 22:11

Steg, nothing untoward, seems a standard response to indicate there's no specific known reason ... I'm sure that is the case.

Reckon it's simply down to the 232k seller today ... probably someone desperate for the cash or something like that. Great buying op :-)

[stegrego] 26/8/2010 18:27

I emailed the company re the 50% drop since results and got this reply:



'Thank you for your mail. Unfortunately we are not in a position to comment on any current share price movements. We are very much aware of our duty to keep the market informed on a timely basis and always endeavour to do so at the appropriate junctures.'

[nilip] 26/8/2010 14:49

ws, hopefully we've caught the bottom.

[wskill] 26/8/2010 14:39

Joined you here after the heads up on the CR thread could not even get £5k online read the last results and its is looking good .

[nilip] 26/8/2010 14:33

Level 2 now 4 vs. 1

WINS is the only MM on 13p and all the other MM's quoting 16p.

Looks like it's about to 'pop'

[nilip] 26/8/2010 14:20

Fundamentals still look very attractive here and hardly warrant such a low share price

I can only imagine a seller has depressed the price and at these levels we should see a swift bounce once it turns.


I've been watching this one for a good long time and I've decided to go long today. Really didn't think it would become this cheap so just couldn't resist buying.

[stegrego] 26/8/2010 13:12

David - was that you?

Shocking price action here - looking a bit fishy.

Nearly halved since the (reasonable) results in June.

[davidosh] 26/8/2010 11:20

Only one shareholder turned up at the AGM yesterday ...Apathy ?

[bozzy_s] 25/8/2010 17:06

How about the AGM? Was it so bad that it pursuaded people to sell today?

[empirestate] 25/8/2010 16:59

bozzy, lots of PI sell pressure I'm afraid and no buyers, market discounting heavily on the back a miserable day in the broader market, it happens. reckon decent value anyway, am holding from 15 and will wait for a trading update which will probably come in october after the half year has ended as per their last statement

[bozzy_s] 25/8/2010 15:25

What happened empirestate? Shares have plunged since the decent results announced in June.

[empirestate] 25/8/2010 11:18

great AGM, not

[empirestate] 24/8/2010 00:05

i would like to think that the company would be in a position to atleast update shareholders with the latest trading performance on 25th Aug

[empirestate] 19/8/2010 20:05

on a quite rediculous p/e of around 3 at the mo, bs is healthy and they have plenty of new set ups to create additional revenues imo

[empirestate] 17/8/2010 10:00

looks reasonable value here at the mo, AGM on 25th.

[stegrego] 09/6/2010 22:20

Independent

Ten Alps

Our view: Sell

Share price: 17.5p (-4p)

The multimedia group Ten Alps has endured a tough year but has launched a three-year development plan for growth that banks heavily on Asia to turn its revenue declines around. The company, backed by Bob Geldof, has concentrated on business-to-business broadcasting over the past few years, targeting defensive sectors including Teachers TV. Yet, the AIM-listed business put out fairly anaemic sales figures in its full-year results: revenues dropped 17.6 per cent. It said the numbers were hit by a fall in advertising sales, admittedly during a recession that has proved pretty hard for many in the sector.

So to get things going, the content division hopes in the next three years to "achieve recognition of the inherent value" by splitting out its online and broadcast TV operations. At the same time, the communications division, including trade publishing and media sales, is to slash costs and invest in business development. That said, pre-tax profits for the full year retreated from £3.3m a year earlier to £3.2m, and the group is not expecting growth in this financial year. Ten Alps has left a few TV production industry experts scratching their heads about where it goes from here, and until we see signs of growth, follow the herd and sell

[patricia59] 09/6/2010 00:15

Its a shame that Hoodless B is involved with this
company, with the amounts of shares their have been giving
out to each other, its not surprising EPS have crash. If they
say their have reduce debt they have only done this by selling
shares at the current low price, therefore making themselves look
foolish. Oh DEARRRRRRR

[stegrego] 08/6/2010 12:34

Well I hold this - results not too bad to be honest yet down 18%!

Its on 4 or 5x so i cant see this as a sell at the moment.

Hopefully economy wont get worse than the last year for TAL so any improvement will see this get cheaper.



Hoodless B

Ten Alps (TAL, 18.5p, £13.65m) Reports FY results to 31 March 2010; Revenue £66.1m (£80.2m); PBT; £3.2m (£3.3m); EBITDA £5.2m (2009 £5.9m). Net profit £2.4m (£3.0m); Adj. EPS 4.95p (6.52p); net debt £5.3m (£1.4m). Results are lower than expectations at the pre-close stage which is disappointing. However, the £314k disparity is timing related with revenue recognition for a contract moving to FY to March 2011. Thus in all this was a resilient performance consolidating the group's position in a very tough year for advertising which particularly impacted Communications. Communications (publishing, media sales / buying & creative services) turned over £45.3m (£56.6m) -20% with EBITA -14% at £4.3m (£5m). Content division revenues were £20.6m -12.7% (£23.6m) with EBITA £1m -16.6% (£1.2m). No clear signs of advertising improvement but margin benefited from the reduced cost base & work mix and the company has migrated offerings to online. Ten Alps is trading on an extremely cheap >4x EPS historic, and >5x next year's forecast. We still view this as a value opportunity, nicely geared to recovery & see this morning's fall as a buying opportunity. BUY

[watchout2] 08/6/2010 09:10

Will add this to monitor.

Looks cheap but dont they all at the moment.

[patricia59] 02/4/2010 01:31

As i said in prevevious post they contine to raise money at
lower prices devalueing shares amount of money raised
would not cover management wage

[patricia59] 27/3/2010 02:12

take a look at what their geting paid
and how they are diluting your share holding
in last year they have uped their payouts would
not expect that when fall short buy £700,000

[patricia59] 12/3/2010 00:07

ten alps are set to launch latest incentive scheme!!!
Management have been quite disturbed by the recent fall
in the share price, so they have decided to offer an incentive scheme
for every week the share price does not drop. Senior directors
will be paid a bonus. However, if the share price drops bonuses
will not be affected. This is open to any senior directors who
wants to take part, as our last incentive on our share price rising
had 100% participtation. You will not be suprise to hear we have
already had 100% take up on this offer. A City source has questioned
that they were recently given 90,000 shares each. a senior excutive
at ten alps said we are in a win win situation and the recent award of
shares was not an an incentive bonus. LOL!!!

[patricia59] 18/2/2010 01:23

pmeldrum looks like you had a good point. empirstate are u still
out their ten alps manaagement not hapy with dishing out large
amounts of shares 2 themselves when share price crashed. they
now want money if share price goes up.