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Ecsponent

ecsponent Biotec fintech

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#1 JK001

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Posted 01 October 2018 - 07:54 PM

JK001 I appreciate the info. Ordinary shares are really Undervalued . This Ecsponent thread has really helped me develop interest in preference shares, I need to start digging and separating the "good from the bad".

 

Also see what AWSM says about grindrod. http://smallcaps.co....s_July-2018.pdf


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#2 Blackobar

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Posted 01 October 2018 - 06:02 PM

sometimes companies also allow you to convert preference shares into ordinary shares. that could be beneficial if you agree upfront what the number shares are and when the term expire hopefully the ordinary share price increased. Typically preference shareholders have no voting rights. Then you also have 'unfair' share types, I think like in the case of Naspers type A shares, where these have X number of voting rights more than ordinary shares. every year a contentious subject when it comes to directors remuneration and the ordinary shareholders are outvoted by the board members.

Agree the ordinary share is undervalued and the preference share is a good deal, I think Grindrod also has good preference shares.


JK001 I appreciate the info. Ordinary shares are really Undervalued . This Ecsponent thread has really helped me develop interest in preference shares, I need to start digging and separating the "good from the bad".
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#3 JK001

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Posted 01 October 2018 - 05:03 PM

SB45 their preference shares can be confusing to some investors, like me. I just don't understand them. There's the normal share @34c, then there are the other Ecsponents (prefs) paying dividends etc, they are over 5 of them.

sometimes companies also allow you to convert preference shares into ordinary shares.   that could be beneficial if you agree upfront what the number shares are and when the term expire hopefully the ordinary share price increased.  Typically preference shareholders have no voting rights.  Then you also have 'unfair' share types, I think like in the case of Naspers type A shares, where these have X number of voting rights more than ordinary shares.  every year a contentious subject when it comes to directors remuneration and the ordinary shareholders are outvoted by the board members.  

 

Agree the ordinary share is undervalued and the preference share is a good deal, I think Grindrod also has good preference shares.  


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#4 Blackobar

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Posted 01 October 2018 - 08:56 AM

I have their class b shares, they are fixed for 5 year term and give 11.2% pa. Eg you but 10k in and after 5 years you take out 17k.

As for actual shares, this is the first time I'm buying shares with the hope of trading for a bit more profit.

Honestly, their fixed 11.2% 5 year option is one of the best return options I've seen out there.


RAM85 Thank you for clarifying the prefs for me, I really like that 11.2% pa. I won't lie the 11.2% pa on your pref looks really good, compound interest in there. Investors are ignoring the volatile ordinary shares for the guaranteed pref shares returns. Thanks Ram.
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#5 Ram85

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Posted 01 October 2018 - 08:07 AM

SB45 their preference shares can be confusing to some investors, like me. I just don't understand them. There's the normal share @34c, then there are the other Ecsponents (prefs) paying dividends etc, they are over 5 of them.

I have their class b shares, they are fixed for 5 year term and give 11.2% pa. Eg you but 10k in and after 5 years you take out 17k.

As for actual shares, this is the first time I'm buying shares with the hope of trading for a bit more profit.

Honestly, their fixed 11.2% 5 year option is one of the best return options I've seen out there.
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#6 Blackobar

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Posted 01 October 2018 - 06:32 AM

JK, I was just reading about this company over this weekend. Share price vs results not tying up unless I am missing something.


SB45 their preference shares can be confusing to some investors, like me. I just don't understand them. There's the normal share @34c, then there are the other Ecsponents (prefs) paying dividends etc, they are over 5 of them.
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#7 SB45

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Posted 30 September 2018 - 08:16 PM

JK, I was just reading about this company over this weekend. Share price vs results not tying up unless I am missing something.
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#8 JK001

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Posted 28 September 2018 - 07:45 PM

I've bought some shares at 30c. I also have a few of their 5 year fixed 11.2% investments. This is the fist time trying to buy some shares as I do think there is value (just volumes are very low).

Exactly, and if this was a big company flying above the radar, investors would have stormed:

 

  • Revenue from continuing operations up 45.1% from R321.8 million to R466.9 million
  • Operating profit from continuing operations up 89% from R218.2 million to R412.4 million
  • HEPS increased more than 100% to 6.991 cents per share
  • Further scalability and de-risking through new transactions worth an aggregate R1.2 billion

Further increasing its total assets by 84% from R1.2 billion to R2.2 billion.


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#9 Ram85

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Posted 28 September 2018 - 07:25 PM

I've bought some shares at 30c. I also have a few of their 5 year fixed 11.2% investments. This is the fist time trying to buy some shares as I do think there is value (just volumes are very low).
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#10 JK001

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Posted 28 September 2018 - 06:20 PM

What is up with this share.  Has great financial results, price is as cheap as chappies (actually I think chappies are more expensive).  Diversified and actually onto a good cause. any views?


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