Timeweave Share Discussion Threads

[boadicea] 30/8/2011 08:55

Cal - The 'missing' line 10 was marked as a late trade and in the archive it has been relocated to the previous and presumably correct day. Hence there are two trades of 12M+ shares (arranged matching buy/sells put through for the record?) now shown on each of 23rd and 24th Aug. I suspect one of these days may be duplicated entries. Whether they are real changes in ownership or just a shuffling between in-house funds, e.g. for tax reasons, is anybody's guess until we see a report.

Anyway, the share price is tending upwards these last few days and anything raising interest here is an encouragement.

[calamity] 26/8/2011 18:26

More dubious trade reporting by ADVFN...trade #10 not showing today...but on the sell vol side there is a discrepancy of 12,903,059 shares...so are we to assume a further amount of this size has been disposed of and accummalated by another party....something is going on...has Mr BIG got bored and is offloading to the institutional investors...are we to get a bid...well one thing is sure some RNS's are due next week........or will they materialize or at their convenience...I quite expect the market not to be informed as things go these days.....there could have been a total of approx. 50M shares moved to date it is unclear....
This 12,903,059 appears or doesn't appear if you catch my drift in the past 3 days trades so not sure what is correct just one transaction between parties duplicated reporting or triplicated or several transactions of the same amount.

I have edited my previous amount...I'm getting confused with the trades LOL...

[boadicea] 26/8/2011 13:08

The problem with the yield is likely to be their low investment return on the cash mountain. They need to find a more profitable use for it as the existing active business may struggle to cover the divi alone.
Alternatively, return a chunk to shareholders and reduce the divi proportionately to a reasonably covered level.

[grahamburn] 26/8/2011 12:16

Can't complain at a yield in excess of 10% at current market value. But can it be sustained?

[calamity] 26/8/2011 10:25

Dull as dish water I'm afraid...no dynamics just the same old course being set but never getting there...perhaps they need a compass and a good map...seem to prevail on the divi alone and the cash moutain which lets face it is good but...will wait a little longer but not forever....sp static needs a boost for me to stay in afraid I'm...getting board...

[littlemadam] 26/8/2011 09:19

Some sizeable trades going through again. The rns(s) should be interesting.

[littlemadam] 26/8/2011 08:47

boadicea,
thanks for that info and you are being fair and realistic.
Part of me would prefer no divi and for something interesting and exciting to happen with all that cash, which lots of companies would just love to have.
After holding for a long time, not sure how long but it is a couple of years or more, I am sorely tempted to move on. But where to re-invest is a difficult choice in these times.

[boadicea] 26/8/2011 08:39

madam - Cash is down £3.4m over the half year.
You can find the details in the Cash Flow statement.


The main contributory item is the payment of a 1.6p final dividend for 2010, costing £3.6m. The long term viability test will be whether the cash flow over the whole year can cover the dividend cost. If not, then the cash pile will be depleted and the investment intentions of the board for its use will be somewhat constrained.

The results generally are satisfactory but uninspiring and show essentially no profit progress. The only way to claim an increase is to make a 'seasonal' adjustment for the change from Dec-May 2010 to Jan-June 2011 reporting - although turnover is up.

Any results published on the Friday before a Bank Holiday deserve extra scrutiny.

These may look cheap but remember it's on AIM with 'light touch' regulation, making it a double gamble.

Yes, I do hold and no, I don't want to talk it down. Just being realistic.

[littlemadam] 26/8/2011 08:07

At first glance looks like a rather boring rns today.
Looks like cash pile has been reduced by a couple of million quid at least, wonder where that's gone? eps virtually static and interim divi is 1p, has that been cut?

Chairman departing - let's hope for someone more dynamic. Wouldn't take much!

[calamity] 25/8/2011 19:30

Major shareholders from Timeweave website...

Mayfair Capital Investments (dup) 67,600,569 (29.99%)
Richard Anthony McGuire (dup) 67,600,569 (29.99%)
GAM International Management Limited 20,740,700 9.20%
The Goldman Sachs Group 13,575,189 6.02%
Aviva Investors Global Services Limited 13,057,026 5.79%
Herald Investment Management Limited 12,716,700 5.64%
Gartmore Investments Limited 12,116,857 5.37%
Leo Fund Managers Limited 12,000,000 5.32%

Take your pick and place your bets.....

[calamity] 25/8/2011 19:24

Hi lm...didn't affect the price did it....but have found ADVFN trade reporting a bit amiss lately.
Missed yesterdays trades that you refer too, but had a look today.
Looks to me as though someone has offloaded and someone has conveniently taken them off them at the same price....who is another matter...will be rns'd next week I would imagine. Strange time to offload with the divi about to be declared and paid ex-divi in a few days time. But I suppose someone wanted out and a party materialized to do just that.
ADVFN's trade reporting is missing trades 2 & 3 also 5 & 6 for yesterday which if you look at buy volume accumalates to someting like another 12,981,696 movement for trades 2 & 3 and a mear another 100,000 for trades 5 & 6.
Who knows but soemthing maybe on the cards for tomorrow...otherwise all should be revealed next week who and where the shares traded goeth and cometh...

[littlemadam] 25/8/2011 12:52

calamity, or anyone.
Any idea whether that 12.9m shares traded was a buy or sell?
That's over 5% of the company.
This comes a day before results. Strange.
I see way back in March that Gartmore held over 12m.

[littlemadam] 25/8/2011 10:39

calamity - results tomorrow. Could be interesting ... needs to be earth-shattering for this one to get noticed.

[littlemadam] 11/8/2011 20:45

Over £30m in cash, 10.5% divi and market cap is only £55m. Just goes to show how off the radar this company is. Does the management here care? Seems not.

[calamity] 01/8/2011 20:59

Ditto..lm..Ditto..but did sell a few last week to fund another investment..as I've now made up my mind no new cash goes into shares...

[littlemadam] 01/8/2011 13:21

calamity - dizzy heights of 27p again. If we get over 28p then I shall start to believe it can go much higher.
Decided to hold on here just for the dividend. A higher share price would also be very nice.

[calamity] 21/7/2011 18:21

Just like my wife....and here I was thinking it was just her.....

[littlemadam] 21/7/2011 11:57

You clearly have no idea how female minds work. Tell me to do something and I shall probably do the opposite. SO THERE!

[calamity] 21/7/2011 11:00

Please ...please sell up lm.....and the rest of us will profit....go on do it...

[littlemadam] 21/7/2011 09:45

I am almost out of patience with this one. I have held for about 2 years and this is now at about the price I got in, in the meantime I have had a few decent dividends, so coming out about even or slightly ahead. Can't be bothered doing the calcs. I just KNOW that when I sell the price will move up, but right now I cannot see what will drive it forward.

Can someone help me see this clearly and logically?

[littlemadam] 15/7/2011 09:33

fairenough - Love it, are you a fiction writer? Although, not such an unlikely scenario. Whatever the future, it is rather surprising that TMW has not yet been gobbled up.

[fairenough11] 15/7/2011 08:21

little madam,

could well be.

The Siers episode is fascinating.Big Phil allegedly spilling the beans to no other than SIS,LOL.Fred Done will be choking on his cornflakes.Phil did have a grudge against alphameric imo though,so anythings possible.

What a scenario,Fred chucks out alphamerics epos tills coz he don't like someone there(Phil?),alphameric sell Sol to Orbis(lol) and Phil leaves to go to SIS,meanwhile Fred takes over 700+ shops from the Tote who have Alphameric BETSOFT epos TILLS,LOL.

We live in interesting times.

[littlemadam] 15/7/2011 08:12

fairenough, I agree with all that. It also looks like the £30m is still intact, so it still doesn't make sense to have that lying about. Perhaps it's a way of bringing attention to TMW and trying to tempt a buyer.

[littlemadam] 15/7/2011 08:12

fairenough, I agree with all that. It also looks like the £30m is still intact, so it still doesn't make sense to have that lying about. Perhaps it's a way of bringing attention to TMW and trying to tempt a buyer.

[fairenough11] 15/7/2011 07:58

Interesting YES,but I can't see how it fits in with a broadcaster who has "rights" to racing content.Is it Craven having a go?Possibly,its more in his line,chancing imo.

Mind you if this outfit doesn't start to do something they will be taken out,nothing more certain imo.
I wonder what the BOD do all day long?