TIL - Trilogy [formerly ECO - Ecoya]

[dodgy]

Hi W69
Not saying she is not doing a great job doing what she was employed for, only surprised that so much time has been spent to effect a sale when it appeared from the press that a well thought out expansion with alliances and aquisitions was being progressed and if not why was the capital raising done? W69 - answers?
Regards
-dodgy

[winner69]

Hi W69
Not saying she is not doing a great job doing what she was employed for, only surprised that so much time has been spent to effect a sale when it appeared from the press that a well thought out expansion with alliances and aquisitions was being progressed and if not why was the capital raising done? W69 - answers?
Regards
-dodgy

Jeez that cap raise was more than 18 months ago and a lot of water has gone under the bridge since

Don’t forget that $30m of that cap raise went to the Business Bakery and only $20m went to Trilogy. That was used to pay down debt of which a lot was due to the recent acquisitions / alliances. Business Bakery selling down not send a message in spite of the rhetoric?

Since then there has been that infamous downgrade at the 2016 AGM and a few washy washy forecasts. Even you would have to agree that performance over the last year or so has been disappointing and failed to live up to the expectations of early 2016. Doesn’t that tell you they are struggling to grow to plan (they even said the other day it will be a long hard road or something like that)

Of course the rhetoric is always going to be good ...punters love phrases like ‘China expansion’ and ‘1,000 new doors’ eh. Adds to the hype. But delivering the goods hasn’t been achieved has it .....and unlikely to happen soon.

I hope the $2.90 will end up being $3 something. (If it doesn’t go through share price down to $2 again to reflect reality)

That $2.10 was good buying

[winner69]

Best part of that Herald story is ‘Next week CITIC Capital will be in Auckland to discuss the next steps, be introduced to the team and issue a trading update’

A trading update eh

The likes of BP will probably say the update might be framed such to make the deal look attractive

Then again they (Trilogy) could come out really bullish to get the offer up a bit

Wonder what they have hinted to Grant Samuel to come up with ....jeez aren’t I cynical but then I could be a realist.

[Blendy]

Best part of that Herald story is ‘Next week CITIC Capital will be in Auckland to discuss the next steps, be introduced to the team and issue a trading update’

A trading update eh

i wonder when we are due the trading update...

[winner69]

i wonder when we are due the trading update...

If there is actually an update coming you’d hope it’s any day now

Might have been just loose reporting the Herald.

[winner69]

Lot of work in the background eh BP

Slowly making sure they have ‘control’ over more and more shares to make this happen

Wonder if anybody else has given them a lookover — probably came to the conclusion that quarter of a billion was far too much to pay.

http://nzx-prod-s7fsd7f98s.s3-websit...597/273705.pdf

[BlackPeter]

Lot of work in the background eh BP

Slowly making sure they have ‘control’ over more and more shares to make this happen

Wonder if anybody else has given them a lookover — probably came to the conclusion that quarter of a billion was far too much to pay.

https://quoteapi.com/resources/da986...aD8muFrjPmhEL0

You might check your link ... comes back with ugly attributes like "forbidden".

But yes, would be interesting to know what they tell the new wannabe suitor. Somehow it feels that they leave the old owners out of the equation - nothing new here.

[winner69]

You might check your link ... comes back with ugly attributes like "forbidden".

But yes, would be interesting to know what they tell the new wannabe suitor. Somehow it feels that they leave the old owners out of the equation - nothing new here.

You still not happy are you

Be grateful you’ll be getting at least $2.90 unless you already sold out.

May never have got that much without this deal

[steveb]

Hey guys if the sale goes through in the march shareholders meeting what are the chances of a dividend,they usually announce in May.Or are they trying to push this through early,so as not to pay anything.
Fully imputed at 4.5cents last year?

[RupertBear]

Hey guys if the sale goes through in the march shareholders meeting what are the chances of a dividend,they usually announce in May.Or are they trying to push this through early,so as not to pay anything.
Fully imputed at 4.5cents last year?

I was wondering the same. Also thinking it might be worth selling now, (at a loss) as its sounding like a done deal and may as well have the money somewhere else