The Everton Board Thread (Inc. Bill Kenwright / Blue Union)

[davek]

No, I think I stopped at the right point. I'm sure that even you know the difference between percentages and real figures. The percentage drop in shares makes little difference as he's likely to make more money from a sale due to the club being worth more.
Even you are not that generous.

Dont talk shite mate. If he's got 38% of the club and a rights issue reduces that to 25%, of course he stands to make less. The value of the club is determined by the buyer.

 

[SweetJesus849]

Whatever the correct figures are, Earnings Per Share will decrease if we do nothing with the raised money.

Now, this can change if we reinvest, but that depends on the outcome of the reinvestment. With this being football, the outcome is likely to be negative, truth be told, regardless of what club you go to. Hence, share rights probably isn't the smartest thing to do.

 

[SweetJesus849]

Whatever the correct figures are, Earnings Per Share will decrease if we do nothing with the raised money.

Now, this can change if we reinvest, but that depends on the outcome of the reinvestment. With this being football, the outcome is likely to be negative, truth be told, regardless of what club you go to. Hence, share rights probably isn't the smartest thing to do.

 

[davek]

Whatever the correct figures are, Earnings Per Share will decrease if we do nothing with the raised money.

Now, this can change if we reinvest, but that depends on the outcome of the reinvestment. With this being football, the outcome is likely to be negative, truth be told, regardless of what club you go to. Hence, share rights probably isn't the smartest thing to do.

Neither is doing **** all and watch on as the squad deteriorates to lose you league points/places and cup runs.

 

[BlackToffee]

Dont talk shite mate. If he's got 38% of the club and a rights issue reduces that to 25%, of course he stands to make less. The value of the club is determined by the seller.

I could do some maths to demonstrate my point, but that would be futile. The main point is that it wouldn't hasten his departure and the club would be worth an unrealistic price. Nobody would want to buy it. Even as a "kenrighter" I'd say it would be like cutting your nose to spite your face. But hey, his percentage would be reduced so that's OK. You are so shallow, its untrue.

 

[SweetJesus849]

No one would go for it anyway you massive helmet. Anything invested will be reinvested in the squad, right?

We all know that football is a fickle business and the highly likely outcome of it is that the investor is going to lose out. So why would the investor want to spend millions and millions of pounds when he's not going to get anything back?

Frankly your comments show a clear lack of faith in everything we've built up, including the academy. No wonder English football is going down the pan.

 

[PeterMeter]

Surely the market determines the value in the general sense. The seller can try to dictate a selling price but if there aren't any buyers at the demanded price then the value is lower than the seller's estimation..

 

[chicoazul]

moonwalks in*



moonwalks out*

 

[davek]

I could do some maths to demonstrate my point, but that would be futile. The main point is that it wouldn't hasten his departure and the club would be worth an unrealistic price. Nobody would want to buy it. Even as a "kenrighter" I'd say it would be like cutting your nose to spite your face. But hey, his percentage would be reduced so that's OK. You are so shallow, its untrue.

You can do all the maths you want - knock yourself out - the point is that if Kenwright wants to sell up at a whacking profit for his % stake he'll have to make sure what he sees as the value of the total shareholding doesn't scare the horses away. A share issue decreasing his % stake would mean him and the other parasitic large shareholders needing to increase the asking price per share of the club in order to get what they'd have gotten pre-dilution.

 

[davek]

No one would go for it anyway you massive helmet. Anything invested will be reinvested in the squad, right?

We all know that football is a fickle business and the highly likely outcome of it is that the investor is going to lose out. So why would the investor want to spend millions and millions of pounds when he's not going to get anything back?

Frankly your comments show a clear lack of faith in everything we've built up, including the academy. No wonder English football is going down the pan.

Bluekipper's that way mate ----------------------------------->

FFS. I blame LCAB attracting these ****ers in with his transfer threads.

 

[BlackToffee]

You can do all the maths you want - knock yourself out - the point is that if Kenwright wants to sell up at a whacking profit for his % stake he'll have to make sure what he sees as the value of the total shareholding doesn't scare the horses away. A share issue decreasing his % stake would mean him and the other parasitic large shareholders needing to increase the asking price per share of the club in order to get what they'd have gotten pre-dilution.

I'll give this one more go.
Investment = someone buying existing shares such as Earl buying out Gregg. Value of Everton remains the same.
Share issue = Someone saying for every 10 shares you already have, if you pay me £x I'll give you 3 extra shares. Ergo, the value of Everton is increased.

Bill doesn't need to up the price. The process of a rights issue does that already. Anyway, its pretty academic as nobody in their right mind would value a company more than 50% of its current value, unless its one of those silly dotcom investments. Your understanding of the stock market is on a par with Keioc as they suggested similar to rebuild GP. You might as well just take out a loan or get someone to invest the money - it really would be simpler.

 

[sirblue57]

im not into the finance so much, but if BK CANT sell(or wont), what other options are there?
im told we are at the limit with the banks.
so whats our choices?

 

[Neiler]

Bluekipper's that way mate ----------------------------------->

FFS. I blame LCAB attracting these ****ers in with his transfer threads.

Whoah, no need for that mate the lad was making a point in a respectfull way. Youve been warned.

 

[davek]

I'll give this one more go.
Investment = someone buying existing shares such as Earl buying out Gregg. Value of Everton remains the same.
Share issue = Someone saying for every 10 shares you already have, if you pay me £x I'll give you 3 extra shares. Ergo, the value of Everton is increased.
Bill doesn't need to up the price. The process of a rights issue does that already. Anyway, its pretty academic as nobody in their right mind would value a company more than 50% of its current value, unless its one of those silly dotcom investments. Your understanding of the stock market is on a par with Keioc as they suggested similar to rebuild GP. You might as well just take out a loan or get someone to invest the money - it really would be simpler.

*sigh*

The price of the total shares will be determined by the prospective buyer in the end. He/she/they wont be concerned about whether Kenwright has a number of shares whose price have remained static or been increased a result of a rights issue. They wont care about that valuation They'll just be buying the club out with an offer for 100% of the shares - if Kenwright owns less than his present circa 38% by that stage that'll be his loss.

This is why a share issue wont be tolerated by the board. I'd be happy to hear your alternative explanation as to why the requests for one have always been rebuffed like.

 

[davek]

Whoah, no need for that mate the lad was making a point in a respectfull way. Youve been warned.

Respectfully? He called me a massive helmet.

Consider yourself corrected.