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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Travelzest | TVZ | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 1.375 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1.375 | 1.375 |
| Top Posts |
|---|
Posted at 01/11/2013 15:08 by khaledibn More than 1 interested buyer this time so if talks fail with 1 then there is another.I hear 25-30m Canadian is the going price for itravel2000. That leaves 10m after debts to return to investors or acquire other businesses. I don't believe downside is 100%. Other options on the table must be to refinance should the sale not happen. All imo |
Posted at 07/10/2013 15:23 by swong21118 Chinese investor, not yet 3p !!! Lol |
Posted at 07/10/2013 15:18 by chinese investor Looking Good ! Chinese Investor (TVZ) 30 Sep'13 - 09:55 3p Coming ! |
Posted at 09/9/2013 11:29 by swong21118 Topinfo, you are quite annoying....Keep trying to ramp up a share price by info released two years ago REPEATEDLY, which does show you a genuine ramp and dumper..,, no doubt. I thought u have already sold it for a profit of £10.Why can't give some peace to this broad and let the genuine investors discuss real upsides or downsides of this company. |
Posted at 05/9/2013 00:05 by stockologist Any rational investor would see that one group gaining control of the debt is simply that in the event of administration they will have the best chance to take whichever part of the business still has some value.i.e. shareholders likely to get zero as equity holders are last in line Lying conmen talking their own book are not the best people to listen to in dangerous situations like this. |
Posted at 04/9/2013 22:11 by pete1003 I bought a small punt today.Quick newbie question do Personal investors have to do MAJOR notification of shares if they bought more than 5% of a company? I am worried about Elleway Acquisitions Limited being the major Lender. However if the credit facility extended for 3 years I would be interested in this share. |
Posted at 03/9/2013 09:37 by swong21118 Does anyone know what happened to the 42 millions dump just before it was closed yesterday? The share price was 0.1 p at that point. From trading data, no way retail investors or trades would have bought a net 42 millions share. |
Posted at 20/9/2011 10:18 by topinfo The cat and King Dong the 23rd here now, they must be panicking. Just keep posting Guys as its going up. You know if you carry on this thread will be busy today bringing this undervalued stock to many more investors attention. Cheers Guys! |
Posted at 18/9/2011 21:33 by topinfo Looks like we will find out this week who is the bidder for Travelzest, although I reckon most already know that. New rules are very good idea.Bloomberg U.K. Deal Crackdown Forces Mystery Bidders to Reveal Themselves Thursday, September 15, 2011 Sept. 16 (Bloomberg) -- Mystery suitors for U.K. companies will be forced to declare themselves next week as regulators implement stricter guidelines to increase transparency and protect shareholders. Bidders for seven companies, including Central Rand Gold Ltd. and CryptoLogic Ltd., will have to identify themselves under new rules that go into effect Sept. 19. They will then have 28 days to craft formal offers and provide details on financing, advisers and fees, or walk away for six months, according to Takeover Panel guidelines. The policies, part of a broader regulatory overhaul after Kraft Foods Inc.'s $20 billion purchase of the U.K.'s Cadbury Plc last year, aim to protect investors in target companies and reduce the advantages hostile bidders had under previous rules. While the moves may increase certainty around transactions, they also threaten to stall dealmaking, already down 44 percent in the U.K. this quarter from a year ago. "This could lead to a slowing in M&A activity, in what is already a pretty tough market," said Philip Broke, a partner at law firm White & Case LLP in London. "Companies in situations that have not become public will probably be nervous if it becomes public after Sept. 19 because they will have to make a quick decision on whether they can be ready." Deal Freeze The new rules require bidders to reveal themselves if a target has disclosed talks with a potential unidentified buyer or if the discussions become public through news reports. The four-week window for formal offers may deter hostile bidders, which typically need time to build a case to win over investors at the target company. There has been one hostile takeover offer for a U.K. company this year, Alere Inc.'s July bid for diagnostic test-maker Axis-Shield Plc, according to data compiled by Bloomberg. "Requiring potential offerors to clarify their position within a short period of time will increase the protection for offeree companies against a protracted 'virtual bid,' referring to when a company announces it is considering making an offer, but does not commit to do so," Robert Gillespie, director general for the panel, said in an e-mailed statement. The changes may help to make transactions more solid because suitors will conduct further due diligence and attempt to set financing before making approaches, said Nick Rumsby, an M&A partner at law firm Linklaters LLP in London. "There will be a lot of debate about when to approach because they have to be ready if the details leak," he said. "Otherwise they risk embarrassment if they can't put a bid on the table within the 28-day period, or secure the target's agreement to an extension." Fewer Deals Merger and acquisition volume in Europe has fallen 26 percent so far this quarter from a year earlier, to $150 billion, according to data compiled by Bloomberg. U.K. deals sank to $63 billion, with U.S. companies including Fidelity National Information Services Inc. and Cooper Industries Plc dropping plans to acquire British companies last month. Under the takeover agency's previous guidelines, bidders could stay anonymous after negotiations became public and had no deadline for formal bids until targets requested them, which sometimes took months. "There is a real chance that potential offerors will decide they don't want to be named, so they will stop any discussions and agree to stop work for six months," said Rumsby. "Being named as a potential offeror, combined with a mandatory four-week deadline, will focus people's minds on bid tactics and preparation in a way they probably don't think about at the moment." Talks Collapse ATH Resources Plc, a coal-mining company, and Maxima Holdings Plc, a computer-systems management firm, both said this week that talks with unidentified bidders collapsed. Companies in an offer situation where the bidder is unknown include Alexon Group Plc, Arena Leisure Plc, Pointon York Group Ltd., Specialist Energy Group Plc and Travelzest Plc, according to the Takeover Panel's website. There are more than 30 potential deals before the panel. Regulators began reviewing the code last year after Northfield, Illinois-based Kraft's hostile six-month effort to buy candy maker Cadbury. The panel criticized Kraft for misstating its intentions over keeping a U.K. plant open, the panel's first public reprimand in three years. Lawmakers including then Business Secretary Peter Mandelson argued that companies making bids should focus on long-term interests, not short-term gains. --Editors: Julie Alnwick, Christopher Scinta Read more: |
Posted at 21/7/2011 16:28 by topinfo Hope you dont mind Guys!Right Guys-Here it is. The stock I have bought and have been researching a lot yesterday is Travelzest (TVZ). Now don't buy it if you want in and straight out with 100% profit coz it may take a few days/weeks to get the RNS that I expect any day now and that involves a bid for the company. The current share price is 10p offer but you should be able to get in under this and within the spread which is rather wide for me (before you comment M4). On the 19th of April 2011 the Board released this RNS after the share price started rising and was rumoured to be getting a bid in the 20p region in cash. Statement re Press Speculation TIDMTVZ RNS Number : 1584F Travelzest plc For immediate release Travelzest plc ("Travelzest" or "the Company") The Directors of Travelzest have noted the recent press speculation concerning a possible offer for the Company and confirm that the Company is currently in the very early stages of discussions over a potential offer for the entire issued and to be issued share capital of the Company. There is no certainty that the talks will result in an offer being made for the Company. A further announcement will be made when appropriate. Enquiries: Now if you look at the chart you will see that since the bid RNS came out after the initial rise the share price has dropped back and is in fact lower now than it ever was then. There really is no reason for this as Trading has been exceptionally strong since the restructuring took place and if you read the full financial report this will confirm such, and also show why any bidder may have to actually pay a lot more than 20p a share too. Longer term chart shows strong support at 8.5p which it has just bounced off. Financial highlights as follows:- Record level of underlying* operating profit increased 11% to £6.1 million (2009: £5.5 million) Record level of underlying operating profit less separately disclosed items, which increased 56% to £4.2 million (2009: £2.7 million) Revenue value increased 14% to £43.8 million (2009: £38.3 million) Separately disclosed items decreased 32% to £1.9 million (2009: £2.8 million) Basic loss per share of 8.80p (2009: 1.52p profit per share), which was negatively affected primarily due to a charge of £11.3 million for goodwill impairment financial highlights Results Total transaction value has grown 15% to £217.6 million from £189.5 million. R evenue increased 14% to £43.8 million from £38.3 million. Gross profit improved 18% to £24.5 million from £20.8 million, and underlying operating profit before separately disclosed items increased 11% to £6.1 million from £5.5 million. As part of the Group restructuring that has been undertaken, your Board has decided to write-off the remaining goodwill of £11.3 million relating to our UK businesses. This decision was taken after reviewing the performance of the UK operations since they were acquired and the ability of the UK operations to generate improved returns in the near future. Outlook and summary The year to 31 October 2010 was the first full year for Travelzest under the executive leadership of Jonathan Carroll and Jack Fraser, who were appointed in May 2009. I t was a year of progress and improvement. The restructuring of the Group's perations, which commenced in 2009, continued apace and this investment has begun to yield benefits. We simplified our operating structure and now have an integrated and common approach to advertising, marketing, product purchase and support services. The aim of this simplification is to provide better management of our businesses and share common skills and customer information between our North American and UK operations. The consequence of this reorganisation is that Travelzest is evolving from a group of independently managed businesses to a single, unified entity with common controls, processes and governance. This gives greater efficiency and will provide information to enable us to manage the Group effectively. The Group sells overseas holidays and travel to clients who live mainly in the United Kingdom and North America. Our model provides us with a diversity of geography, currency, seasonality and distribution. This diversity is a strength in an industry where an excessive exposure to any of these risks is potentially very damaging. The power of Travelzest's brands and the retailing ability of our businesses, particularly those in Canada, gives us attractive markets to exploit and the ability to create value for shareholders. Travelzest's ambition is to be our customers' advocate in finding them the most attractive holidays and the best experiences. Your Board is very pleased with the progress made. We expect to see additional benefits of the reorganisation in forthcoming years and believe the Group is well positioned to prosper through the market and economic cycles which are a feature of the travel industry. We are also in the process of discussing with a number of UK and Canadian banks a refinancing of our facilities on more advantageous terms than those that we currently enjoy. Once in place, this will put the Group in a yet stronger position to capitalise on the market opportunities that we foresee. Financing We are currently reviewing our financing needs for the next three years and have begun discussions with several banks in both the UK and Canadian markets to identify the best commercial terms available. Once in place, this new financing will put the Group in a yet stronger position to capitalise on the market opportunities that we foresee. Net debt stands at £10 million which is being renegotiated on better terms and cash is around £5.8 million. Current mkt cap is around £13.5 million. I reckon that this business is on the brink or either:- A major turnaround and excellent debt refinancing for a growing business that is safe and growing rapidly since the restructuring and/or the takeover which is the key for me to the quicker money here. Now if the bid goes ahead as I am led to believe then I reckon you have at least 100% upside from current share price In the event it doesn't then look at the facts and see for yourselves that there really is very little or nil downside to the share price as it now has no premium built in for the bid in any case. Like I say, please DYOR of course but I have thrown £4k into this and wouldn't do that if I thought it too high risk and wasn't going to earn me a decent profit. The decision is yours of course and this research took a fair number of hours to collate and make sure that I didn't miss anything, but I reckon TVZ are a clear buy at this level and should give shareholders a significant return on their investment. However like anything its not a racing certainty like all shares. Cheers TOPINFO |
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