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TWE Twenty

0.25
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Twenty LSE:TWE London Ordinary Share GB00B0BYS847 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.25 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Twenty Plc Share Discussion Threads

Showing 151 to 172 of 250 messages
Chat Pages: 10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
23/3/2011
10:53
Alot more!!
topinfo
23/3/2011
10:39
More cash in the bank than the companies worth.
tez123
23/3/2011
10:32
TIDMTWE

RNS Number : 1280M
Twenty PLC
18 May 2010


Twenty plc

("Twenty" or "the Company")

(AIM: TWE)


Completion of Disposal
Result of General Meeting


Further to the announcement made by the Company on 30 April 2010, the Company is
pleased to announce the passing of the resolution to approve the disposal (the
"Disposal") of the entire issued share capital of DF Property Portfolio Limited
("DFPP"), the holding company of Dataforce Interact Limited ("Interact"), at the
General Meeting of the Company held earlier today and that the Disposal has now
been completed.

The initial consideration for the disposal is GBP7,239,610 ("Initial
Consideration") plus deferred consideration of GBP2,953,500 to be paid over two
years ("Deferred Consideration").

The Initial Consideration is subject to adjustment depending on the value of the
net current assets and net cash position of DFPP and Interact (the "Interact
Group") at completion of the Disposal ("Completion") and the net debt position
between the Company and its remaining subsidiaries (the "Remaining Group") and
the Interact Group at Completion.

The Deferred Consideration is payable in two instalments over two years. The sum
of GBP1,892,000 is payable on the first anniversary of Completion and the sum of
GBP1,061,500 is payable on the second anniversary of Completion.

Following receipt of the Initial Consideration and repayment of outstanding bank
debt facilities, deal fees and working capital adjustment under the sale and
purchase agreement, the Company expects to have net cash of approximately
GBP3.5m. Twenty now intends to concentrate on accelerating it's strategy to
become a market leader in the development and deployment of digital integrated marketing platforms.

Commenting on the completion of the Disposal, Ian Lancaster, Chief Executive
said:

"This sale represents a refocusing of Twenty plc in the fastest growing segment
of the marketing services space where we feel that we are developing a real edge
in our product portfolio and that the business is well placed to take advantage
of the increase in digital spend."

Enquiries:

Twenty plc
Ian Lancaster, Chief Executive Officer Tel: 01908 829 300

Daniel Stewart & Company plc
Emma Earl/Tessa Smith Tel: 020 7776 6550


Notes to Editor:

topinfo
23/3/2011
10:31
TWE has cash in bank equal to mkt cap and business for free and its getting another 4.5p in cash as per RNS. 6p-8p is about right per share and then who knows what it will do with cash. If its like BDT it will get bought up on hopes of reverse takeover!
topinfo
23/3/2011
10:27
6p here we come again!!!
topinfo
23/3/2011
10:21
TWE spiked to over 6p on the disposal news and thats where share price should be now, around 6p, so 100% in it. However as was seen with BDT yesterday (up 400%) these tiddlers with cash in bank can do allsorts and this could be the next one to do a BDT?
topinfo
23/3/2011
10:21
u forgot to add this bit from the rns...

"The Board, having taken legal advice, view the claim as opportunistic and do not consider that such claims have any reasonable prospect of success. Any such claims will therefore be vigorously defended"

kennyruss
23/3/2011
10:18
TWE - would not touch a small company facing legal battles, lawyers fees could eat up the cash pot

Notice of possible warranty claim

The Board of Twenty Plc (AIM: TWE.L), an investment vehicle focussing on the marketing services sector, announces that it has received a letter before action on behalf of HOV Global Services Holdings Limited claiming breach of warranty in relation to the sale of DF Property Portfolio Limited, the holding company of Dataforce Interact Limited, in May 2010.

madghaffi
23/3/2011
10:11
As far as I can see tara7 has it right...

aprrox £1.5m cash,

£2m due 18th May 2011
£1m due 18th May 2012

Mkt cap £1.5m

2 core business -




streamlining costs as per last results...

bit of a no brainer imho

kennyruss
22/3/2011
14:42
added 150k today... nice and quiet:)
kennyruss
18/3/2011
09:26
what do you chaps like with this one?
fundamentals caused you to invest, just trying to get my head around this one before investing

mafia music
08/3/2011
15:14
Made a profit on this back in April last year. Haven't seen it since then.
induna123
08/3/2011
11:49
Up again.!!
tara7
08/3/2011
09:21
LEVEL TWO 3 V 1
tara7
07/3/2011
14:49
More buying here on plus today.
tara7
03/3/2011
16:16
Rising profits year by year, P/E 3, cash pile growing either a aquisition or a big divi?
freddie ferret
02/3/2011
17:20
Mr ion.
Rubbish.

freddie ferret
02/3/2011
15:25
Tara.
Let's be frank you are a ramper.

Why not ramp E-pay asia EPY.

Now before you rush to look it up on here it is no longer listed on the UK market only Australia.

So what is good about it?

I has just reported its results, profits higher this year than last by a big margin, net assets up 50% over the year, P/E stands at 3, huge cash pile larger than the market capitalisation, take a look.

It's Australian remember so ADVN will only give you historical information for when it was London listed - not much use.

Have fun.

freddie ferret
02/3/2011
13:54
The balance sheet looks good to me, buying 100p assets for around 35p at this level. Looking for a 2-3 bagger here, when are results due?
crawford
02/3/2011
11:57
Joined you lot for a few when I saw a little volume going through. Looks interesting and possibly undervalued/a recovery story. Good luck all.
cwa1
21/2/2011
11:05
Ah yes I misread one of your previous posts.

Any idea what price the warrants are exercisable at ?

liarspoker
21/2/2011
10:54
No they get £2M in may and the other 1 next year.

See rns under the sale last May.

tara7
Chat Pages: 10  9  8  7  6  5  4  3  2  1

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