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BLZ Emblaze LD (DI)

31.00
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Emblaze LD (DI) LSE:BLZ London Ordinary Share IL0010830219 ORD NIS0.01 (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 31.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 31.00 GBX

Emblaze LD (DI) (BLZ) Latest News

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Emblaze LD (DI) (BLZ) Discussions and Chat

Emblaze LD (DI) Forums and Chat

Date Time Title Posts
06/7/201610:24MICROSOFT MEDIA EMBLAZED37,071
03/2/201414:55blz to hit the 99p soon14
29/1/201215:05connectivity will be what really matters !!!20
27/11/200911:41ELSE LTD5
27/10/200615:39Emblaze - experiencing significant growth24

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Emblaze LD (DI) (BLZ) Most Recent Trades

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Emblaze LD (DI) (BLZ) Top Chat Posts

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Posted at 06/7/2016 10:24 by gclark
The new bb for this share is BSD. If you still have shares it is worth looking at with news of the AGM n July 2016 and perhaps some interest in buying your shares.
Posted at 31/7/2014 10:29 by cjohn
The Apple verdict will be appealed.

A close friend of mine is a litigation lawyer who in the past specialised in international intellectual property. He says there were obvious and grave problems with the Apple-Emblaze verdict.

American juries and judges are notorious for giving jingoistic decisions which ignore the legal realities. The jingoistic tendency diminishes as the level of the court increases. So there is a chance Emblaze could win on appeal. For current shareholders, this possiblility can be written off in any valuation of BLZ. In reality there remains a small possiblity of a very large windfall.

BLZ's share of Willi-Foods and the cash on the BLZ balance sheet together give a BLZ asset value significantly above the current market Price. So they remain a bargain at the price at which they were suspended.
Posted at 31/5/2014 18:18 by colinhy
seekingalpha.com
May. 29, 2014
G. Willi-Food: This $6 Food Stock Is A Bargain For Activist Investors

Summary
This stock is way too cheap after a disappointing earnings report. Investors appear to be overlooking a major cash horde and buyout potential.
With a cash horde that is equivalent to about half the current share price, downside risks could be limited and the company could be a takeover target.
A billionaire recently took a major stake in this company at a significant premium, and this could lead to a 100% takeover in the future.
A spokesperson for the billionaire also made comments that indicate major expansion potential into the USA, which could increase revenues and profits.
With the shares now at oversold levels, this stock appears due for a significant short-term rebound, but longer-term investors could see much more.
G. Willi-Food International Ltd. (WILC) shares recently took a hit after reporting an earnings miss. However, this stock appears too cheap to ignore, and the recent pullback is giving investors a classic "buy low" opportunity.

This company distributes its food products to over 2,000 customers, which includes wholesalers, supermarket chains, mini markets, restaurants and many others. Based in Israel, this company is one of the largest providers of Kosher foods, and it currently offers about 600 different products, which are distributed in Israel, the U.S. and Europe. These products range from pasta, dairy, specialty foods, canned goods, desserts and more.

The food business is relatively recession-proof, and it is typically very stable in terms of cash flows. This stability is why many well-known food stocks trade for above-average market premiums. For example, The Hershey Company (HSY) and the Coca Cola Company (KO) are both trading for about 20 times earnings. Some specialty food companies like Annies's, Inc. (BNNY) are trading for about 35 times earnings. This company is trading for a mere fraction of that level. When you factor in a cash horde, this company is incredibly cheap, trading at just over three times earnings.

This company has an incredibly strong balance sheet, which reduces potential risks for investors. It has roughly $43 million in cash and just around $5,000 in debt, which is nearly nothing. The cash on the balance sheet is equivalent to $3.30 on a per share basis. That means nearly half of the current share price is backed up by cold, hard cash. This indicates the stock is trading near bargain levels, and the discount to the $8.09 book value suggests the same. The huge amount of cash on the balance sheet and the lack of debt means that this company could be an attractive takeover target. It also means it is well-positioned for a management buyout or "going private" transaction. Either one of these options could become major upside catalysts, and it could very likely happen, especially with the stock trading at depressed levels.

This stock was already cheap, but after a recent earnings miss, it is even more of a bargain. This company reported that first-quarter revenues rose by 4.9% to $27.2 million, as well as earnings of 16 cents per share, which missed analyst estimates of 22 cents per share. While this was a miss, investors seem to be temporarily overlooking the fact that this stock is still a bargain. Analysts expect this company to earn 79 cents per share in 2014 and $1 per share for 2015. This means the stock is trading for just about 6.5 times forward earnings. When you back out the cash on the balance sheet of about $3.30 per share, this stock is only trading for just over 3 times earnings!




After a recent pullback, this stock is oversold and likely to rebound in the short term. The chart above shows that the Relative Strength Index, or "RSI", is now at just 28. That is clearly into oversold levels, and that means it could be due for a major rebound very soon. I strongly believe in the strategy of buying cheap stocks that reach oversold levels due to an earnings miss. I recently wrote about another stock that was a bargain and also oversold after an earnings miss. It subsequently rose from about $7.70 per share to $8.50 within days, which scored gains of about 10% for investors who bought in for short-term gains. As for the longer term, this stock could jump much more, especially if earnings improve. However, the biggest single catalyst could be a takeover situation, a management buyout or a go-private transaction, which, as suggested by another contributor in a Seeking Alpha article, could result in a potential 100% gain in the share price.

As yet another Seeking Alpha article reported a few weeks ago, a major deal was reached, whereby two founders of this company will sell their 58% stake to a company called Emblaze (OTC:BLZSF) for about $10.15 per share. The article states:

"Beneath the surface, investors will see that Emblaze Ltd. is controlled by Ukrainian businessman Alexander Granovsky, a reported billionaire with experience in food investments, who purchased a controlling stake in Emblaze last year."

With a billionaire taking a major stake in G. Willi-Food and at a significant premium, investors selling right now are probably making a huge mistake. This billionaire could be planning to buy the rest of the company next. Furthermore, if he plans to significantly expand sales into the United States, revenues and profits could rise substantially and take the share price much higher. A spokesperson for the billionaire was quoted in an article stating:

"We looked for investments in companies that have human capital and growth engines in Israel and abroad. It's not easy to find such deals, but we identified Willi-Food as a company that meets those conditions," said Yossi Schneorson, CEO of BGI and Granovsky's representative in Israel. "We think Willi-Food has the potential to expand in the United States."

Aside from major expansion potential into the USA, this company could also see growth from a number of new products. G. Willi-Food often adds new food products that could increase revenues and profits. For many companies, natural or organic foods are a major growth category. This company recently announced that it is entering the soft drink market with the launch of the "Green Cola" brand, which is a carbonated soft drink that is naturally sweetened by stevia plants. Green Cola is already selling well in other countries, probably because of the flavor and the fact that it has no preservatives and only two calories.

The potential downside risks could include some type of geopolitical issue in Israel, since a major part of its revenues are derived from that country. However, people need food, so this would probably be one of the least-affected companies in the event of something like that. Furthermore, this risk might be minimized in the future as it expands sales into the USA and other countries. With the price-to-earnings ratio at very low, bargain-like levels, and with a cash horde and nearly zero debt, the potential downside risks from these levels seem quite limited. With that being said, the potential upside is creating an excellent risk-to-reward ratio, especially as a buyout or go-private transaction (which is increasingly likely due to the cash horde) could provide gains of up to 100% or possibly more from currently depressed levels. Even without a buyout, this stock could be poised for major upside. One analyst has a $10 price target, and that implies significant upside from current levels. As the selling pressure from investors who were disappointed with the earnings report fades, I expect this stock to mount a strong comeback in the short term to about the $7-$7.25 level. That will give investors who buy now solid gains, but those who hold for the long term could get much more.

Here are some key points for G. Willi-Food International:

Current share price: $6.57
52-week range: $6.40 to $8.91
Earnings estimates for fiscal year 2014: 79 cents per share
Earnings estimates for fiscal year 2015: $1 per share
Annual dividend: n/a
Posted at 07/5/2014 13:20 by waterloo01
A profitable company and bought into at a decent price. Add back the remaining cash and you should be able to make a reasonable judgement as the value in BLZ share price when it eventually opens!
Posted at 18/3/2014 12:18 by colinhy
This should help push up BLZ share price when it relists after completing purchase of Willi Foods in Q2.

March 18, 2014 7:00 AM ET

G. Willi-Food Reports Fiscal 2013 Net Profit Up 33% From Fiscal 2012 Net Profit

Furthermore, Mr. Williger added, "About two weeks ago, my brother Joseph and I signed an agreement to sell to Emblaze, which is traded on the London Stock Exchange, our controlling stake in Willi-Food Investments Ltd., the controlling shareholder of the Company. We view this sale as an opportunity for the Company to continue its accelerated development in the food sector, both in Israel and outside Israel and possibly to expand into additional activities. Both my brother and I will continue to manage the Company, together with the Company's personnel and the management of Emblaze, in order to continue to develop the Company."

"We believe we are well positioned to continue our expansion and the recent financial results certainly confirm our belief in our strategy," concluded Mr. Williger. "We are constantly focusing on looking to meet the demands of consumers for new kosher products, and we have the infrastructure in place and development expertise to develop and deliver these products. At the same time, we remain focused on maximizing long-term profitability and creating additional value for our shareholders."
Posted at 28/2/2014 13:03 by cjohn
landsker
26 Feb'14 - 13:45 - 36727 of 36733 0 0


im sure lots of us took advantage of the drop, but believe me investor emotions have little to do with the emblaze share price or whats said on bb's

-----

Hi Landsker,

As I'm sure you're aware, there's a wealth of research that shows the cardinal role of emotions in short-term share Price movements. BLZ is no exception.

I haven't seen a single sensible suggestion on here as to HOW dark forces - much less BGI, - are manipulating BLZ's share price.

BGI can't buy or sell without notifying the market and the Price at which the concert party can buy is now strictly controlled (and well above teh current share price )

BLZ is an illiquid share. Modest amounts of sustained selling causes exaggerated movements in the share price Panic after the expiry of the tender offer led to such selling. The Price tanked.

There has been an absolute shed-load of emotion and misinformation on this board. Still that's nothing unusual on BB's.
Posted at 25/2/2014 11:04 by landsker
i am sure in theory they would love to keep the share price down in the high 30's thus enabling them to buy up stock cheaply and increase their holding , however the amount of buying has been miniscule, mainly because not many people will sell at this level

if as you suggest it is the company that has guided the share price to these low levels on purpose as far as its logical there can only be one purpose for that, to make forced takeover of the company easier and cheaper, but then again you have people on here saying they cant do that for less than 75p now by law

nobody knows whats going on here, the reason for the huge drop in the share price in my view are two things, a perception by the market that they are about to spend the cash and trouble in the ukraine, this really is more of a ukraine company now even if technically its israeli
Posted at 04/2/2014 16:31 by moneyman18
45p NOW on the BLZ share price to sell, I think we are starting to worry, and NOTHING is stopping the fall
Posted at 15/11/2013 10:16 by fatoomch
Chaps - I think what you're missing here is what the sharks are after is the BLZ cash pile - and they only need to hold 75% of the shares/vote to get to that cash.

We know the share price doesn't reflect the NAV.

Example - Company A - 100 shares trading at 50p - has cash in bank of £80 - so trading below NAV - and the share price has been stuck in the doldrums for aeons.

The sharks offer large shareholders 70p for their holdings. Those shareholders jump at the chance to exit at 70p - and all sell out. Sharks hold 50% of the company for an outlay of £35.

They have to go a bit higher to squeeze out the next 25% - offering 80p - but they get those shares... so spend another £20.

They've now paid out £55 - own 75% of the company - and can get hold of the £80 cash in the bank.

They don't need to consider the PIs as they have now achieved what they wanted, access to a larger amount of cash by paying out a smaller amount of cash.

A simplistic view - but that's how I see it. It's what they do with the £80 that will determine the share price - not what they've already paid out to large shareholders.
Posted at 28/8/2013 12:04 by cjohn
The current m cap of IDB is about 55m sterling. However, there's about 1.4bn (sterling) debt - conflicting info here, and clearly debt changes - so enterprise value is 1.455 billion sterling.

Enterprise value is what is relevant here, as the deal with IDB bondholders will reléase IDB from all debt. In exchange the IDB bondholders get 50% of the IDB assets.

In all, Emblaze will end up with about a 1/3rd of the total assets.

Taking Enterprise value as a pointer to asset value, this gives a value for BLz's holding of somewhat under 500m sterling. However, a cursory look at the assets of IDB suggests that IDB's enterprise value is BELOW asset value.


Conclusión: a very positive deal for blz shareholders. And so it shouldn't surpsise that other bids for IDB may be forthcoming.

PS: asset value may not be wholly reflected in the blz share price Many investors dislike uncertainty and there's plenty of that here.
Emblaze LD (DI) share price data is direct from the London Stock Exchange

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