Hey filmster, iv not so much a target price..... More just a target. Takeover. £3 per share deemed too cheap by the market so to give it a number I'd be happy with £3.30/3.50, seems fair value. Without a firm bidder I think we should see the share somewhere around £2.50/60 before mid dec. DT
What is everyones target price before they sell?
13 Nov '14
RE: 2 x massive buys L2
Looks like this might be about to get going again.
12 Nov '14
2 x massive buys L2
These are not PI buys either - nearly £2 M at £2.15 each today - do the maths. Following on from the 2 large buys on Friday. Someone is building a position here - and very exciting indeed. Not long to wait now - be interesting to see whether a T/O comes before or after the 9th December.
12 Nov '14
Yet again, price looks like it's being messed with and yet again there are a couple of huge buys for over £3 million. Perhaps this being held to allow someone with some influence to load up.
10 Nov '14
They force themselves. It’s also hard to buy shares back after a series of falls, because it’s human nature to expect worse to come. Remember, too, that the 'shall I, shan't I' judgements you will need to make are so delicately poised that it's easy to miss out on big rewards. This game could be called Musical Shares. One day the music might stop, the take-over will be confirmed, and you could be left without any newly-expensive shares to sit on. If the vast majority of rumour stories did come true, then it would be best to sit tight until the happy day when a marriage date is set. But as you come to realise many rumours never mature, the in-and-out strategy does become more engaging. There are handy ways of assessing if a take-over story might be genuine. To begin with, you can get a good idea by hints in the press and minor manoeuvring by the firms involved. If you hear a quote from a chief executive which sounds very much like a denial that a take-over is on the cards, read the words carefully again. 'We're concerned about unfounded speculation in the City..is not a denial, though it's clearly meant to be. Neither is: 'A take-over is not envisaged at present.' Well no, but it might happen in the future - say two weeks' time. You might also learn that the possible predator already has a large stake in the possible target. Was this built up with take-over in mind? Probably. Does the target company own lots of land, buildings, plant and other stuff that a plundering company would like to get its mitts on? Do you think the target has a lower share price than it ought to have? These are all possible signs that a bid is on the horizon.
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