1114 replies to this topic

[yusufm]

Bought CRD again at 410c during auction  . Let the rise in anticipation of the deal begin! 

[100ways]

<sup>Eqstra Holdings Limited - Acquisition Of Securities By Regarding Capital Management (pty) Ltd

Release Date: 08/07/2015 08:42:00      Code(s): EQS</sup>      

Acquisition of securities by Regarding Capital Management (Pty) Ltd

Eqstra Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/011672/06)
Share code: EQS ISIN: ZAE000117123
("Eqstra" or "the Company")

ACQUISITION OF SECURITIES BY REGARDING CAPITAL MANAGEMENT (PTY) LTD

In accordance with section 122(3)(b) of the Companies Act, No. 71 of
2008 ("the Act") and paragraph 3.83(b) of the JSE Limited Listings
Requirements, shareholders are hereby advised that Eqstra has
received formal notification on 7 July 2015 that Regarding Capital
Management (Pty) Ltd, on behalf of clients, acquired an interest in
the securities of the Company, such that the total interest in the
securities of the Company held by Regarding Capital Management (Pty)
Ltd, on behalf of clients, has increased to 5.47% of the total issued
share capital of the Company.

As required in terms of section 122(3(a) of the Act, the Company has
filed the required notice with the Takeover Regulation Panel.

[Shi]

EQS - I'm very surprised that there has been no SENS as to who is selling given the volumes we've had recently.

[myusuf]

True - I still think its an opportunity  for EQS

 

The main reason I like it is because its as liquid as a top40 stock but has 10 bagger potential

 

HEPS expected around 70cents - currently on pe of 3.5

[Saints]

I don't want to sound like a pessimist here but in the current environment mid and small cop shares are extremely vulnerable as investors turn to less risky stocks such as the Top 40. You only have to compare the 2015 YTD performance of Top 40 vs the mid and small cap indices and this becomes very apparent. Back to 2008 the same, small and mid caps took a hammering.

 

There are probably some gems and potential 10 baggers out there but they will be more difficult to find at this time. 

[Shi]

EQS looks cheap and I can't understand the selling pressure. Only reason I can figure is the huge debt and the 'unwillingness' to pay it off (there seems to be no plan to tackle it). Could be the ball and chain that drags EQS down. My guess ...

[myusuf]

What are the thoughts on EQS

 

Picked up some yesterday

[Queen B]

SNV been on a downward trend the past couple of months

Trading at R3.00 today

Not sure what's up with the price as is this is one share I still see huge potential in and I reckon is very undervalued

I'm topping up a bit more at these levels, but also worried it might drop back to the R2.75 levels

[yusufm]

Make that 380. Will look to sell half at 420 otherwise 400 will do

sold half 440+. Will look to rebuy sub-400

[yusufm]

Make that 380. Will look to sell half at 420 otherwise 400 will do

excellent close, UK trading at 420. I didn't manage to sell early but judging from the volumes on the LSE it seems as if there may have been a leak that the deal has been concluded. Monday it is then...

[yusufm]

CRD trading at the equivalent of 340c in the UK and we still just over a week away from the deadline. Hoping for a strong continued rise until news is announced

Make that 380. Will look to sell half at 420 otherwise 400 will do

[yusufm]

CRD trading at the equivalent of 340c in the UK and we still just over a week away from the deadline. Hoping for a strong continued rise until news is announced

[Trader1]

Any other views on MRI's reverse acquisition?

[ajax]

Any Afdawn shareholder out there? Please make contact through inbox as shareholders are planning action to stop the rot. 

[Francoisfin]

I think Coro though must disclose when holding is less than 5% in terms of JSE rules(???)

 

When/if that SENs comes out will buy my remaining allocation

[Francoisfin]

EQS

 

I just bought 50% of my allocation at 260

 

 

+- 400M shares in issue

 

Per 30/4 Sens coro had 10% left =- 40m

 

Last week over 30m shares sold in biggest volume week in 5 years

 

so assuming its Coro nearly out then - big assumption clearly

 

At p/e of +- 3.5 after earnings update is too cheap - on stable earnings

 

Interims cash flow seems fine

 

What am I missing anyone?

 

Rights offer??

 

 

[Shi]

I'm very confused as to how LAB can issue shares at 150c when they share price has seldom been above 30c in the last 5 years. Talk of creating something out of nothing.

[yusufm]

This looks like reverse listing similar to labat, labat went from 7c to 125c on similar announcement, this is your 20bagger if you hhave risk appetite

labat did their capital raising at 150c. We doing ours at 7...

[myusuf]

This looks like reverse listing similar to labat, labat went from 7c to 125c on similar announcement, this is your 20bagger if you hhave risk appetite

[yusufm]

MRI acquisition and large scale fund raise at 7c. Seems like we will be getting a revival!!