Happy birthday Rory - 104, wow. Thought I was a bit past it - 81 tomorrow - guess I'm just starting out in life. Have a nice day and go easy on the bottle. Joe
Hello All - Confusion or not !?
Hi All, especially Drax and Whoozzee - formerly known as themanwithnoname - simply cannot believe how quiet this BB remains - however, this staedy if unspectacular rise on rise, so far, in recent days is very welcome ! - I may pop out around Thusday ish just to allow the coversion excitement to settle and see where we land shortly afterwards - just fear that sellers will be out there for a short while during all the possible confusion - though, of course, I fully understand every aspect of it myself !!! - GLA - Cheers - Rory - now 104 - Happy Birthday to myself - !!!!!
Hold on ...
to your hats..!!
Thanks for that - sounds right. Anway good week after the ups and downs recently - hope it stays up. Looks like the shorters are getting out, Lone pine seem to be gone and shorts are 1.82%. Best look my portfolio has had for a while with this finish so off for a BBQ and some beer to celebrate. Have a good weekend.
dixpc value at merger
Redgetz-I think your calculations are OK.If the merger had taken place yesterday,my calculatios were as follows:= Carphone Warehouse = 336.50 per share -Market Capitalisation £1,938.47 mil. Dixons =51.95 per share -Market Capitalisation £1,902.39 -Value of new company£3,840.86 mil. Dixons new shareholding will be 3,661.97mil x.155 = 567.65 shares. Carphone shares in existence = 576.07m shares Total shares in new company = 1,143.72mil. Divide value of new company by number of shares =£3.35 per share My current Dixons shares 10,000 @ 51.95p =£5,195.00 My shares in new company 10,000 x .155 =1550 @£3.35 = ££5,192.00 You should in theory be no better or no worse off when the 2 companies merge.
re I'm staying
Good luck - Although I totally understand anyone getting out at a near 5 year high no matter what the future might look like. I have frequently regretted not selling over the past years but it has always bounced back and kept on going up. Past performance though etc.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.