Re: Capital Consolidation Thanks. Clear as mud and none the wiser. Why should we mere mortals know why anyway ?
Re: Capital Consolidation Small reduction in shares in issue = small increase in SP to compensate.Nothing more. As to why they are doing it? Not looked into it but no great shakes
Capital Consolidation I have received this from TD Investing. Can anyone throw any light on why and what effect it might have on stock ?What is happening?ConsolidationRatio: 14-for-15Payment Date: 31st May 2016Netplay TV Plc has announced a 14-for-15 Consolidation, whereby holders will be issued with 14 new shares inexchange for every 15 shares held.The payment date is 31st May 2016.
Very thorough analysis of NPT NPT 6.2% yield, my kinda stock. [link]
SPO/The Football Pools On 21 Dec. NPT noted the recent press speculation and confirmed that it had held discussions with SPO in relation to a potential acquisition of The Football Pools business.On 23 Dec. SPO confirmed that it had received a number of indicative proposals in respect of The Football Pools and that SPO are inviting each interested party to submit their best and final proposals by mid-January 2016. SPO would then consider any such proposals and determine whether it is in the best interests of shareholders to proceed with a sale of the business.Since then, nothing! It seems SPO did not receive a must-do deal!Just maybe the respective boards of NPT and SPO should sit down to explore possibilities
ITV Renewal Good RNS for future share price security. NetPlay's TV Airtime on both channels are now secured until 2018 at the very most (below).Channel 5 2018ITV 2019I do like the last line in today's RNS "we look forward to seeing new innovations coming through." which I do believe Netplay need to start innovating something, the roulette table only does so much!
Re: The Football Pools Hello Oxtrader: My impression is that there are two very different scenarios possible here. One involves outright sale of TFP by SPO. NPT is simply too small to be able to play in that league for TFP is far too big for NPT to buy outright. The other, the NPT proposal, is a sort of reverse takeover whereby TFP assets and NPT, including Vernons, are brought together in the listed company in which SPO would take a major shareholding.It is only right that NPT bow out and watch to see if SPO achieve the sale of TFP which they appear to prefer. If it doesn't work out for SPO then they could return to try to work something out with NPT.Let us watch if SPO are successful with a sale.
Re: The Football Pools They must of either thought better of it or were out-bidded, nevertheless it does show for me 'willing' to expand & grow. I missed the opportunity to top-up on these shares last year at these prices; following the announcement this morning I've decided to increase my holding by about 30-40% (My initial purchase was at about 10.5p)Well, I hope for good things for NPT in 2016, we shall see!
Re: The Football Pools Happy to read that NPT have withdrawn from conversations with SPO.NPT's proposal is one where both parties sit down and hammer out a mutually acceptable arrangement. If SPO prefer an outright sale and can achieve that then let them get on with it. Maybe such a sale will fail and NPT's proposal will be resurrected.Well done to the NPT Board.Final results are due in April. Let us see if the recent acquisition has brought any improvement to profits.
Re: The Football Pools According to the Sunday Times, Teddy Sagi, who made a lot from Playtech, is behind Netplay's proposal to Sportech re: TFP. But the ST also asserts that Sagi is a major shareholder in NPT and I can't see any evidence of this?If Sagi is involved the capitalisation of NPT is tiny compared to Sagi's worth.Interesting times?
Re: The Football Pools It is to be hoped that NPT's board do not get lured into overpaying. I would rather NPT withdrew now for surely the sp can't be suspended for something in the region of a month give or take? Let others scuffle over TFP as doing the football pools is so yesterday - and way before that. Perhaps NPT should invite bids for Vernons too if there is that much interest in that sort of asset.Happy holidays.
Re: The Football Pools Well, unfortunately for us - it looks like the other way around![link] pools looks to be a part of Sporttech which they wish to dispose of. They mentioned this in their recent RNS:"In addition, the Board confirmed it has recently received more than one preliminary proposal in respect of The Football Pools and will be reviewing the terms of these proposals in due course"[link] said this, it appears that Netplay are not the only party interested, with an RNS released today stating that it won't be until at least late January that they will have a decision:[link] personally see very little value in the Football pools - it's an extremely competitive market amongst all the large sportbookers, with it's only USP is that it's an early player in the gambling market.
Re: The Football Pools Hi. Back again.Guessing based on a little research this morning.Netplay as a whole makes EBITDA of about £3 - £5m.Their Vernons will make a bit of that. However within Sportech TFP alone has an EBITDA of several times that - about £16m to £17m. I'm thinking that what is being considered is putting the TFP operations into Netplay and making Netplay a lot bigger than it is. way of consideration, Sportech would take a major shareholding in the new Netplay. Hence the comment about a prospectus. It's the size of that shareholding and what is left for current Netplay shareholders that is being negotiated.Sportech would receive new Netplay shares which, of course, can then be off-loaded at any time.As I say, guessing!
Re: The Football Pools Hello! I was going to post earlier but really, I wasn't really sure what this even involves personally (!) My first share to be involved in an RTO in all honesty. So I'll be talking back to basics on this one.."A type of merger used by private companies to become publicly traded without resorting to an initial public offering. Initially, the private company buys enough shares to control a publicly traded company" What I'm not sure on, will it be a 'subdivision' of SportTech " The Football Pools business" that will buyout the remaining Netplay Shares?
The Football Pools Interesting announcements today.Wonder how this is going to work?Perhaps reversing TFP operation into Netplay with Sportech taking a shareholding in the new entity? Hope this is good news!Watch this space!