TIL - Trilogy [formerly ECO - Ecoya]

[co0p]

Brief plug for Ecoya's Christmas candle in Vogue

http://www.vogue.co.uk/gallery/10-be...s-candles-2016

[Balance]

Whew ....the last 3 pages were really heavy reading

The 'best' parts which essentially say that:

1. The information contained in the report is completely useless,

2. As it is prepared to obtain fees and entice trading/investment,

3. The analyst and the firm bear no responsibility (legal or otherwise, in any shape or form whatsoever)?

[winner69]

Not confused boysy. Geoff Ross has solid experience in growing a global brand and selling it, as you point out it was sold to Bacardi back in the day. He was chairman of Ecoya which bought Trilogy.... my point was that using his experience they repeat the process of growing a global brand to sell to a bigger company ....... just a thought that I have had in the back of my mind when I bought in to Trilogy.

The Business Bakery Boys will have their eyes on an exit one day ...as you suggest their modus operandi

Taken a fair chunk out already. Maybe a bit disappointed how its gone on the ASX which they may have eyed as a way to quit a few more

Betcha they shopping around and hoping they find something before Trilogy gets too mature

[winner69]

That BWX share price sure is collapsing - down another 5%

Doing it's best to close that 'value gap'

[kizame]

All high value P/E stocks getting hammered on both sides of the tasman it seems.

[boysy]

Winner69 BWX needs to fall a further >15% to be priced on a similar forward PE basis to TIL.

Good to see a bit more volume starting to come back on the buy side.

[winner69]

Maybe only 20% discount based on ebitda multiples - 17.9 v 14.3 forward guidance. Used ebita as those are the common guidance numbers given

TIL guidance $21m (or $19m which would make gap smaller) / BWX forecast $20.2m plus 'expected 30%' they said

Still richly valued but heaps of growth built in.

But I only in it for share price growth - take it as long as it increases

That was Oct 10th

The gap is widening

On the same basis BWX now has to fall 26% at current share price

Not fair is it

BWX down 10% but TIL down 16% since that post

This 'value gap' is just a fallacy ..or wishful thinking?

[boysy]

Some games being played on the close of trading the last few days looks to be one party's buying up into close then removing bids after close. Seems to be the retail holders selling early in the morning are driving down the price on minimal volume while the substantial buying takes place after lunch.

Plenty of shares changing hands in the past few trading sessions ,who's buying and who's selling is the question.

[sb9]

That was Oct 10th

The gap is widening

On the same basis BWX now has to fall 26% at current share price

Not fair is it

BWX down 10% but TIL down 16% since that post

This 'value gap' is just a fallacy ..or wishful thinking?

Hey winner, BWX doing its best to narrow the value gap getting close to with a 3 in front of sp.

We tht BWX will be the catalyst to push TIL up in value but looks like its doing the opposite.

[boysy]

BWX still has a way to fall still trading at a hefty premium to TIL. Good to see some but depth returning one has to remember lack of liquidity helped this fall so drastically could the trend reverse if HRC seals the deal on Wednesday NZ time