Classic quotes from our cyber stalker Diamante of ADVFN fame. Latest developments in the weird and wonderful World of Dim.

Diamante - 16 Mar'05 - 09:13 - 2013 of 2189


Anyone who thinks EID price is going to 0 is a plank, too much IP and other valuable assets.


Well, I think it has some valuable IP and also some assets with some value in the completed games. I also think it's going to zero. Last time I looked I wasn't a plank.

Diamante - 21 Mar'05 - 17:33 - 2168 of 2188


While the institutions sell, the lambs queue up for slaughter. There's a hell of a lot of backscratching going on, debts to be repaid.

Does anyone plan to hold this on Friday?

Diamante - 18 Mar'05 - 16:19 - 2107 of 2188



IMO, a properly managed publisher with enough funds to do the game justice could easily produce AAA game that would sell 5 million.

Mick,

I agree with that, and think it'll probably happen.

But I think the publisher will buy it from administrators, and not shareholders. Why pay £53m and be saddled with dross, debts and hassle, when they can buy it cleanly for £2/3m? (imo).


Diamante - 18 Mar'05 - 09:50 - 2078 of 2189


Why not get one step ahead and start forming the 'Eidos Action Group - join here' thread now?


Diamante - 17 Mar'05 - 11:02 - 2058 of 2189


Looks like GS don't think much of the latest bid rumours. They have sold a load. Seems to fit in with what I have been saying, which some seem to have trouble understanding.

If there is a bid, I shall eat the go-faster stripes I've bought for Chef

Diamante - 17 Mar'05 - 09:25 - 2047 of 2189


If there is a bid, I shall eat the go-faster stripes I've bought for Chef. A bid at this stage makes no sense whatsoever. They are dead meat (and all other tiny UK games publishers/developers are dying meat too, next gen consoles will see to that).

A vc company would not touch a company with such a cash flow requirement (the reason they gave initially for why they cannot continue as an independent entity), it's nothing more than a scam imo. The vc company/persons associated with it probably owns a few shares already and wants to offload. Read up about Mr Bonnier for the types of things which are engineered to extract gullible punters cash.

A Blast from the past

Is Sci the next Just Group? (SEG)


lhami - 21 Mar'02 - 21:54


penny stock

Interim results show the company in a dire financial state needing financing to survive IMHO

Private investors not buying at all.

Most products selling below my expectations at retail

Sales in the 3 months since the period of the dire results are from look even worse due to lack of releases and lack of chart positions and nothing decent in the games pipeline

Inability to use its negotiated fund raising facility due to lack of share turnover.

etc, etc

Eidos Plc has received a $136.3 million cash buyout
SAN FRANCISCO (AFX) -- Eidos Plc has received a $136.3 million cash buyout
offer from Elevation Partners, a company recently formed for the purpose of
bidding on Eidos.
The offer works out to 50 pence (96 cents a share), or 71 million pounds. It
represents a 27.4 percent premium to Eidos' closing share price last Friday.
Eidos said its board is unanimously recommending the offer to its
shareholders.
Elevation Partners is a U.S. based private investment firm formed by
longtime Silicon Valley investor Roger McNamee. According to its Web site, the
firm also is "led by" rock star Bono and several others, including John
Riccitiello, the former president and COO of Electronic Arts.
The United Kingdom's Eidos, creator of the "Tomb Raider" video game series,
said last June that it was undertaking a strategic review of its operations. It
concluded that the company's prospects of continuing as an independent entity
were challenging.
On March 11, Eidos posted financial results for the six months ended Dec.
31. The company reported an operating loss before amortization of goodwill of
26.5 million pounds for the period. Eidos cited a light game release schedule,
the slippage of certain titles and the disappointing performance of others, and
the continued investment in game development as reasons for the disappointing
results.
U.S.-listed shares of Eidos ended Monday's session up 11 cents, or nearly 15
percent, at 85 cents.
This story was supplied by MarketWatch. For further information see
www.marketwatch.com.