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Share Name Share Symbol Market Type Share ISIN Share Description
Thinksmart Limited LSE:TSL London Ordinary Share AU000XINEAE8 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 53.00 52.00 54.00 53.00 53.00 53.00 52,351 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mobile Telecommunications 8.1 0.5 8.2 6.5 56

Thinksmart Share Discussion Threads

Showing 451 to 472 of 475 messages
Chat Pages: 19  18  17  16  15  14  13  12  11  10  9  8  Older
DateSubjectAuthorDiscuss
20/10/2020
07:36
Thank you carcosa. That's superb input. If you ever see me at the bar you must let me get you a drink :)
farnesbarnes
20/10/2020
07:27
New high set of Asd 105.8
bwm2
20/10/2020
07:11
Carosa Thanks. Had a lie in this morning so great to read this I would add that we should hope that it runs its course. Apt closed at 102 Asd up 5%. On 15th Oct , Bell Porter raised their tgt to Asd 121 on the back of the US rollout expectations
bwm2
20/10/2020
05:39
AfterPay Share price currently up ~6% at time of writing as a result of this: hTtps://www.afterpay.com/attachment/320/show Which basically says that they are now in the online banking business now that they have a ‘collaboration agreement’ with Westpac Banking Corporation, under which Afterpay said it would soon be able to offer savings accounts and cash flow management tools to its 3.3 million strong Australian user-base. This, following on from the recent finalisation of AUSTRAC external audit which essentially gave them the stamp of approval in complying with anti-money laundering and Counter-Terrorism Financing explains why the share price has increased significantly over recent days. Now at A$103. kadvfn1: I think ST just made a small oversight wrt cash payment. FarnesBarnes: The valuation ST uses is the same as the company calculates, comprising a discount of 20% for the lack of marketability of Clearpay as a privately owned company. Reducing the discount to 10% would increase the fair value by ~£7m. The argument for reducing that 20% discount centres on the mix of revenue and users. Experience shows that as time progresses users increase their sale value as they become more comfortable using the service. Last reported UK market represented 5.4% of underlying sales but 10% of active customers for Afterpay. As the relationship between maturity of customer base and underlying sales changes the discount should tend to unwind. As the Group has limited control over the setting of the price that it will receive for the transfer of the ESOP shares to the Clearpay employees, the Group has further discounted the valuation by 35% Bottom line is that TSL share price is dictated by Afterpay share price, which is very rich price at the moment, but the discounts currently applied to the TSL valuation of their shareholding in Clearpay provide a large element of comfort. However it is not until 2023 will we all know what the actual price will be. Given the fact that AfterPay can buy out the holding for chump change and the fact that the longer they wait the more it is going to cost them, assuming ClearPay continues to deliver the high growth rates, then there will be compelling logic for Afterpay to buy out ThinkSmart’s 10% equity stake far earlier than August 2023.
carcosa
19/10/2020
17:11
Does the 94p include the 20% liquidity discount? If so, would the APT buyout include this?
farnesbarnes
19/10/2020
16:25
Carcosa did you see ST is saying payout gonna be 3.3p cash dividend? Does that track with rns that TSL release?
kadvfn1
19/10/2020
15:02
I would like to believe that today's share price response is largely the result of ST saying an Early buyout is increasingly likely. He had mentioned this before in prior articles in passing, but on this occasion gave quite a lengthy description as to why.
carcosa
19/10/2020
14:56
Apt closed at 97.5 Aud +0.85% Still note the 20% liquidity discount applied in the read through valuation I am looking forward to reading the CEO presentation at the APT AGM on 17th Nov
bwm2
19/10/2020
14:42
Got the article now. Oooh 94p! That's a mighty sparkly number. Follow the sparkly sparkly numbers! Lovely breakout. Nice to see some more fireworks of late with this one now up 18%, but what is the correct discount to the 94p target? Almost sounds like the end game is nearing.
sphere25
19/10/2020
13:34
https://www.investorschronicle.co.uk/alpha/2020/05/12/tech-that-and-rally-simon-thompson-spies-further-upside/ OLD article
rolo7
19/10/2020
13:30
Gotta love ST. Have been wondering how long TSL & the Afterpay share prices can stay so disconnected. Very useful tick up.
1jbrisky
19/10/2020
13:11
ST just tipped with revised target of 94p
kadvfn1
19/10/2020
12:59
tipped by who ic?
rolo7
19/10/2020
12:01
Tipped. Not a subscriber but always obvious with quieter ones like this when you see a stream of buys out of nowhere. EDIT: Blooming hek, someone just paid 12% through the offer of 49 to buy at 54.96 - change your broker that person :-)
sphere25
16/10/2020
10:45
TSL a David Thornton pick in yesterday's piworld interview (was live 1-2pm & video published at 8.30am today, not sure if that had an influence on share price moves). Hear what he had to say at 19m15s: video: Https://www.piworld.co.uk/2020/10/16/a-piworld-interview-with-david-thornton/ podcast: Https://www.piworld.co.uk/podcasts/ Next week on piworld, Thursday 22.10.20, 1pm, we have a Superstar interview with one of the two most popular interview guests, Andy Brough, Schroders, Head of UK & EU mid and small cap team, & Richard Leonard, from a Family Office. Register here: Https://www.piworld.co.uk/events/
tomps2
16/10/2020
08:20
Great post from carcosa. In addition, share buy backs are in theory a more tax efficient way of distributing excess cash, although the mechanics are lost on me. It is a lazy way of creating shareholder value, and there is a school of thought that protracted buy backs don't add value.
farnesbarnes
16/10/2020
06:30
Apt back on the front foot at 97 AUS$ +2%
bwm2
15/10/2020
15:04
Thank you for the detailed explanation. Much appreciated
kadvfn1
15/10/2020
14:33
Well today is a good example. At time of writing share price has increased on the day that the share buy back price was announced. So you have 'seen' it's effect already. Come the actual date in November the share price may, or may not, increase by ~2.5p. A reduction in the share capital does not often result in a direct correlation to the share price, unlike a dividend which is real cash existing the company. i.e. on the ex dividend date the share price decreases by the amount of the dividend. Share buybacks are generally good for one thing only (and even then, that is debatable) and that is to increase the EPS; which tends to favour share option incentive plans.. which often lead to more shares being issued. I have not looked at the share options TSL has because it is the overall discount to APT share price that is the reason i am invested here. It is often said that share buy backs are a tool used by management when they have no idea what to do with the cash. i.e. a lack of imagination. In theory... we 'should' see a substantially greater effect on the share price than simply the value of the reduction in the share capital. Reason being that if you assume the share price is driven by the discount to the APT share price then, for sake of argument, assuming we are at a 100% discount to the intrinsic value the company is buying back double the value of the share buy back for half the cost. So rather than theoretically seeing 2.5p share rise we should see 5.0p increase. But... we won't as the share price rarely reacts to a capital reduction in a logical sense; unlike dividends. It will however, assist long term shareholders over a period of time.
carcosa
15/10/2020
14:09
carcosa Please could you explain why we will not "see" the share buyback?
kadvfn1
15/10/2020
13:36
We're shifting folks. Time to test that high. Can we smash through?
sphere25
15/10/2020
12:00
rolo7 "About 3.5p dividend return?" No. It's a about 0.8p dividend and a Capital return of about 2.5p which you will not 'see' except in theory. Compared to last year's announcement todays's RNS is a bit of a slap in the face IMO
carcosa
Chat Pages: 19  18  17  16  15  14  13  12  11  10  9  8  Older
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