Online prize competitions company Best of the Best (BOTB) has announced a recommended cash offer, which is emphasised as “a compelling liquidity opportunity for BOTB shareholders”. Is it though?
Online competitions to win cars and other lifestyle prizes company, Best of the Best (BOTB) has announced that “trading for the first 6 months has been in line with market expectations” and “with Globe Invest Limited and their subsequent strategic investment, information sharing and negotiations are underway regarding both the Licensing and Distribution Agreement and the Marketing and Collaboration Agreement. The company hopes to finalise these agreements before the end of the year”. How do these compare to a current 410p share price, £34.3 million market cap?
Online competitions to win cars and other lifestyle prizes company, Best of the Best (BOTB) states it is “pleased… to confirm that the company is trading in line with market expectations for the current financial year” and looks forward, “in due course”, to updating with more details on “strategic” growth moves. What does this latest mean in the context of a current 440p share price?
On June-announced results for its year ended 30th April 2022 with the shares around 400p, Best of the Best (BOTB) stated it “look to the medium and long term with confidence as we push towards a return to steady growth”. So what of now a “Letter of Intent and Strategic Investment”?
Online prize competitions company Best of the Best (BOTB) has made announcements today which have currently sparked the shares more than 20% higher to 475p. So what’s the news?...
Online competitions company Best of the Best (BOTB) states it “is pleased… revenue performance for the period has been consistent with the market guidance issued at the time of its interim results on 19 January 2022, with pre-tax profits slightly ahead”. What does that mean re. a share price currently up to 440p?...
Online prize competitions company Best of the Best (BOTB) has announced results for its half-year ended 31st October 2021 including “in line with market expectations as updated in August 2021”. However, I previously noted that “updated” was actually a massive profit warning, concluding with the shares around the mid 600p’s I want to see some evidence of the earnings “uptick” potential before reconsidering from the watchlist. The shares last closed at 606p but are currently below 450p, so what’s going on with the apparently “in line” results?...
Online prize competitions company Best of the Best (BOTB) has made a trading update including that it “remains confident about the prospects for the business, both in the second half of the financial year and beyond”. Why then are the shares still around the mid 600p’s compared to 1600p as recently as August?...
Writing on online prize competitions company Best of the Best (BOTB) in May with the shares at 2775p I noted house broker finnCap’s forecasts of earnings per share of more than 143p for the just commenced year and 165.5p for the year after that compared to 37.5p for the company’s year ended 30th April 2020 and that there has surely been lockdown benefit to it in the subsequent period (last year’s earnings per share 122.5p), stating concern on the sustainability of some of the recent earnings. Today there has been a “Trading Update” – and the shares have collapsed to 830p!
In trading, timing is everything and the board of Best of the Best (BOTB) look like they are the kings of the timely trade. On 31 March 2021 the company announced a heavily oversubscribed secondary placing. The RNS on April Fool’s day stated
Online organiser of weekly competitions to win cars and other lifestyle prizes Best of the Best (BOTB) “is pleased to provide” a trading update for its year ended 30th April 2021. Why then are the shares, at 2775p, currently more than 10% lower?...
