Xlmedia Share Discussion Threads

[cg8riverside] 01/9/2017 14:11

Just had a look...according to Berenberg XLM had $32 million in cash on the balance sheet at the end of 2016 and zero debt. Since then they have spent $26.8 million on acquisitions. Great to see the cash being spent on earnings enhancing assets and will be very interested to see the resulting net cash position in the results next week

[cg8riverside] 01/9/2017 13:54

I'm not sure I can stare this gifthorse in the mouth much longer. One week to results...the first results since the 'seed capital' exited in March.

[cg8riverside] 01/9/2017 13:49

XLM is swimming in hard cash with absolutely zero debt on the balance sheet.

[sttrader] 01/9/2017 12:43

What net debt? Last results I found show a net cash position. Some acquisitions made since then but still expect a net cash position. Please correct me if I have missed anything since last fy results.

[scooper72] 01/9/2017 11:51

have taken 25% out of PAYS and bought in to XLM now - £7.5k at 128.65, interested if any holders have got any view on the net debt, also was wondering what the main running costs are for a tech company like XLM?

[superadams] 31/8/2017 22:57

The gambling industry is a sitting duck for more regulation and taxation so XLM's gradual diversification into unrelated areas is spot on.

[santangello] 31/8/2017 22:40

Presumably the shrewdies see a buying opportunity looking at the trades revealed after the bell ??

[gargleblaster] 31/8/2017 21:44

Yes I suspect weakness is on the back of the 888 fine. Presumably if the betting companies get fined, for not protecting "gambling addicts", then they will look to clawback monies from "introducing agents" if any any customers fall into that category.

[petersinthemarket] 31/8/2017 19:42

Real gamblers taken a hit today - anyone seen the 888 fine?

[busterdog2] 31/8/2017 19:19

I'm a little surprised at the drift downward, thought it would be moving up ahead of the results. Any thoughts?

[malcolmmm] 30/8/2017 07:56

Well making a bomb on afx up 10% yesterday, VED, SSP whilst they hold hopefully onto Pays. Hoping for a surge here today

[pshevlin] 29/8/2017 16:35

Held it's own today against a sea of red. Must be good.

[cg8riverside] 26/8/2017 06:36

Been here pretty much from day 1 with buys between 47p and 128p and just feel we're on the verge of something marvellous. These will be the first results since the 'seed capital' exited in March and the market waits with bated breath. Oyster European Selection are an award winning shrewd bunch and they just keep loading up this year and are now up to 12,968,316 shares.

[gargleblaster] 25/8/2017 22:48

riverside - you sound more bullish than a matador in a bull-ring. I hope they don't carry you out, like they did that geezer a few weeks back!

I prefer it when posts are like "this dog of a share is going nowhere so I'm bailing out" - it must be the contrarian in me. For what its worth I hope you are right, otherwise I'll see you in the morgue!

[cg8riverside] 25/8/2017 22:30

Chunky buys going through today... Smart money me thinks prior to stellar results in 2 weeks time. When we break out of this upward trend channel we've been in for the last year the SKY IS THE LIMIT. For anyone looking to buy or add 130p is a fantastic entry before the next leg higher

[mount teide] 25/8/2017 16:19

Some large trades going through today - joined them by buying back this week after taking profit late last year at circa 100p - missed out on another 30% in the last 8 months by not following my usual approach of running the winners.

[pshevlin] 25/8/2017 16:15

A lot of trades at mid price.

[panic investor] 24/8/2017 12:35

This and TAP letting the side down at the moment !

[rivaldo] 23/8/2017 10:17

Thanks chaps. Nice move this morning.

[gargleblaster] 23/8/2017 09:52

Let's hope you are not looking the gift horse in the mouth then!

[santangello] 23/8/2017 09:46

WCB/Rivaldo, pretty much how I interpreted the info in the Public Domain.After this morning's tick up, and with results imminent (and L2 strong), I top sliced some of my CVSG (my first share sale in years) to add a further 20k here....such is my belief in XLM and that I see levels at present as a gift horse.

[westcountryboy] 23/8/2017 09:27

Hi rivaldo

It seems to me that Blackrock have been selling in August, in two transactions. The first took them from 5.57% to 5.12% and the second from 5.12% to below 5%, so no further details are now necessary. The earlier reduction was both in shares (to 9.758m) and other instruments (to 723k).

cheers
WCB

[rivaldo] 23/8/2017 08:29

Nice early move up today.

Santangello - can you clarify? The new format holding RNS's are really unclear imo.

I can certainly see that the Oyster European Fund have been buying heavily - they're up from 10.41m shares in their last RNS to 12.97m shares, or 6.35%. So they've bought over £3m more shares.

But the BlackRock holdings RNS's are a model of vagueness AFAICS!

[santangello] 22/8/2017 15:25

Those last 3 RNS's have cleared things up for me, have answered my suspicions and filled me with confidence.

Looking forward to 11th September.