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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Thames Water 26 | TES | London | Bond |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | - |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| Top Posts |
|---|
Posted at 19/8/2005 11:56 by nappers Just got an email back from the stockmarket reporter - an amendment will be made today on the newsletter regarding TES and the china mobile deal.. |
Posted at 18/8/2005 19:48 by britishbear Very strange report from the stockmarket reporter - I suspect they need to do a little more research. Shame as it would have been good publicity if they had got their information right. I assume they are talking about TES??-------------------- The online gambling sector has been a hit with investors, but most have been focused on gaming operators. Investors took notice today after Trading Exchange, which provides gambling technology to online gambling companies, announced that Gartmore Investment Management had taken a 17.42% stake in the group. The shares jumped 2p to 32p. |
Posted at 18/8/2005 15:20 by britishbear Arc, TES is not really a joint venture - it is a Chinese company that has chosen to float on the AIM stock market to get the access to capital markets - they are in it for themselves to make money. |
Posted at 18/8/2005 11:16 by thepoet My opinion is that it will not be since you are still buying (new)shares in an existing company (TES).But I believe you can still get tax benefits if you hold them for 2 years. |
Posted at 18/8/2005 10:32 by britishbear Arcadian, your post is correct - China is a very tough place to do business - it is very competitive and there are cultural differences that need to be taken into account.All this should really be in the price - note that one of the supermarket deals is with a French multinational who are expanding all over China. Nobody should be under any illusion that is will be tough but there is no reason that TES will not be able to expand throughout China - the bigger they get the better deals they can negotiate with network providers etc. and the larger the profits. My point remains though, irrespective of fundamentals, that this is also a AIM CHINA play and that there are not many about so you may still get a lot of money coming into TES because if you are an investor who wants access to the CHINA in your portfolio (and everyone should imo) this is an excellent play and once we get the name change etc. the company will become much better known. Conclusion is that the possible problems are already in the price and most small investors will appreciate your points but still think this is an excellent opportunity to buy in on the ground floor before the masses want a piece. |
Posted at 17/8/2005 14:34 by britishbear Hyper - ahhh, but they want to. They have desire to buy these phones and as China grows, incomes will increase and more and more Chinese will be able to buy these phones.That is why TES is a growth story - share price reflects future growth potential which is massive and why I am in and thinking of getting more. Another tick up |
Posted at 16/8/2005 20:20 by britishbear Thanks affc - I think it is worth posting up (although I have read this before somewhere).I suspect that when people realise that TES is now a high tech China play we will get some serious buyers. This is a growth market, EBT has some excellent contacts and grew by a serious % last year (revenues). They have ambitious plans and seem to have the management that could pull in off. It is the carphone model and there is no reason why it will not work. I feel the China effect when more people realise what a play TES is will pile in. Tempted for more. -------------------- Mobile China plans London listing By Damian Reece City Editor Published: 16 August 2005 EBT Mobile China, an aspiring Chinese version of Carphone Warehouse, is to float in London through a reverse takeover by the Trading Exchange, a shell company quoted on AIM with £1.6m of cash on its balance sheet. Mobile phone retailing in China is dominated by large network operators such as China Mobile and China Unicom. EBT, whose slogan is "Everybody Talk", believes independent retailers can flourish, although it already has relationships with the network operators to run co-branded stores. Its 73 outlets are mainly concessions in department stores and out-of-town hypermarkets. Jim Reiman, the chairman and chief executive of EBT, said: "In China the costs of mobile phone handsets are not subsidised by service providers and are very expensive by UK standards. An average mobile [in China] costs about £90, which is equivalent to more than half the average Chinese consumer's monthly gross income of about £165. Yet people queue in shops to purchase the latest handset as an expensive mobile is seen as a status symbol ... with a typical customer looking to change the phone within a year or less. Some of the most-prized phones sell for hundreds of pounds." EBT plans to expand out of the Shanghai region, where it began in 1996, and is raising £4m by issuing 23.5 million shares at 17p each for its future development. The market value of the business with its enlarged share capital will be £26.5m. Mr Reiman, and his Chinese management partner Zhang Ge, have opened 12 stores this year with another 17 planned for the second half. The company generated sales of £17.4m in 2004 compared with £11.8m in 2003. The float will be a seen as another victory for the London Stock Exchange's junior market which has promoted itself heavily in overseas emerging markets such as China as the premier international stock market for growth companies. By reversing into a London-listed shell company, EBT gains access to a large and liquid pool of capital, a long list of potential institutional investors and the cash balances of the shell company. EBT Mobile China, an aspiring Chinese version of Carphone Warehouse, is to float in London through a reverse takeover by the Trading Exchange, a shell company quoted on AIM with £1.6m of cash on its balance sheet. Mobile phone retailing in China is dominated by large network operators such as China Mobile and China Unicom. EBT, whose slogan is "Everybody Talk", believes independent retailers can flourish, although it already has relationships with the network operators to run co-branded stores. Its 73 outlets are mainly concessions in department stores and out-of-town hypermarkets. Jim Reiman, the chairman and chief executive of EBT, said: "In China the costs of mobile phone handsets are not subsidised by service providers and are very expensive by UK standards. An average mobile [in China] costs about £90, which is equivalent to more than half the average Chinese consumer's monthly gross income of about £165. Yet people queue in shops to purchase the latest handset as an expensive mobile is seen as a status symbol ... with a typical customer looking to change the phone within a year or less. Some of the most-prized phones sell for hundreds of pounds." EBT plans to expand out of the Shanghai region, where it began in 1996, and is raising £4m by issuing 23.5 million shares at 17p each for its future development. The market value of the business with its enlarged share capital will be £26.5m. Mr Reiman, and his Chinese management partner Zhang Ge, have opened 12 stores this year with another 17 planned for the second half. The company generated sales of £17.4m in 2004 compared with £11.8m in 2003. The float will be a seen as another victory for the London Stock Exchange's junior market which has promoted itself heavily in overseas emerging markets such as China as the premier international stock market for growth companies. By reversing into a London-listed shell company, EBT gains access to a large and liquid pool of capital, a long list of potential institutional investors and the cash balances of the shell company. |
Posted at 16/8/2005 18:54 by affc21 Don't think it's been posted,but (today) The Independent has a right-up on TES:Not in,just passing through. (but sounds interesting) |
Posted at 15/8/2005 17:13 by hyper al DibbsSwitch your computer off, then back on. Can compare PE for JWY with TES, are they not in different sectors? yes or no? |
Posted at 15/8/2005 16:47 by hyper al Dibbs No worries mate. I get the same problem when I have my PC on all day, I think it's memory (computer memory, that is) overload. Some poor quality software can leak over a period of time and the PC gets slow and starts doing strange things. See TES opening higher tomorrow. |
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