Zegona Communications Share Discussion Threads

[tiltonboy] 28/3/2021 14:44:40

MVI will be looking to monetise their investment, no doubt to try and invest in another SPAC ahead of the continuation vote later in the year. Likewise with the Le Chameau holding.

Things are looking good for Euskaltel, and therefore by proxy for ZEG. I would happily take EKT shares in specie, and let ZEG look for another acquisition.

No idea why the buy-back isn't still operating!

[cerrito] 28/3/2021 14:02:59

I guess the future of MVI's 18.95 stake in Zeg is the factor. Incidentally the only change of holdings RNS since last July has been for a minuscule change in the FIL holding.
Anyone have an insight into what is happening with buybacks?
In June they announced a programme to last to the earlier of September or when they had spent £10m.
In September when they did their last buyback they said they had spent £3m.
On October 8th they told us they were looking to close the discount.
Since then...nothing

[tiltonboy] 26/3/2021 19:15:00

MVI factor

[badtime] 26/3/2021 18:10:50

...too many already?

[red ninja] 26/3/2021 12:58:08

Pounds per euro heading down ?

[flyfisher] 26/3/2021 12:52:38

Since december the share price has declined about 14%, whereas the underlying share value in euskaltel has increase by about 5%, an interesting disconnect.

Any opinions why?

[tiltonboy] 26/3/2021 10:56:07

I'm tempted to buy more...but

[skyship] 26/3/2021 10:40:09

EKT at E9.58...

[gleach23] 23/3/2021 09:28:55

Very tight spread here currently @ 94.32-94.44

I've been holding back on a top up due to an apparent overhang (seems to me that one can buy 250k) but sorely tempted.

Any clues as to the seller?

[skyship] 22/3/2021 20:45:40

EKT @ E9.50; so NAV c144p - discount now up to 34%.

[kinbasket] 22/3/2021 17:35:40

9.50 ¯_(ツ)_/¯

[hugepants] 17/3/2021 21:01:08

Eusklatel finished up 3%

[skyship] 17/3/2021 15:05:57

EKT up to 9.31....

[tiltonboy] 17/3/2021 14:21:47

Welcome aboard mate!

[badtime] 17/3/2021 13:31:19

Took a nibble

[skyship] 16/3/2021 17:54:23

EKT closed back up at 9.08...

[skyship] 16/3/2021 11:52:27

Also added today - just now at 95.25p. Encouraged by those large trades yesterday...

[tiltonboy] 16/3/2021 09:18:35

On the back of the big trade, I've added again, but had to pay 95.3p this time.

That will do for now!

[mach100] 15/3/2021 19:38:54

ekt finished on E8.99. Just collecting the divi and reinvesting same until value and share price align.

[skyship] 15/3/2021 13:02:46

Back down to E9.01; having been up a full 2% at E9.17 mid-morning...

[tiltonboy] 15/3/2021 12:31:09

EKT over 9 Euros

[tiltonboy] 15/3/2021 11:01:48

Gary,

Domestically it's been a tough few years, but I'm still around.

Hope all is well with you.

[gary1966] 15/3/2021 10:42:57

Thanks HG, just looked at the original announcement and cut off was 15/09/20. However given the sustained big discount, surely they could have extended it if real intent was there? Obviously I wouldn't have bought what I did if I didn't agree that there is a lot of value here but just not sure what the catalyst is going to be for it to be released and the market affording the co a proper valuation.