The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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My early morning inspection shows only dog walkers and horse riders plus me and my scooter
taking the missus for a walk. Ferry Boat Inn , refurb done, is open..but damp today but lovely supping a pint on a nice summers evening , water lapping on the shore..hey ho.
I’ll treat you to a pint there sometime..have a good day matey..pompey
I don’t know what they will do with the shorters. Maybe they will get a 10 minute window to close? Or maybe they will let them burn.
#Ferryboat
Fully agree Pete
All the best mate
Good morning Pompey,
Hope this weather is keeping the crowds off your beach.
Is the Ferry Inn open?
The non invested are going to be gutted they missed out those that are short better start praying.
Love going to auctions..great fun..learned the hard way.
Look on folks faces when they think it’s theirs and another head nods and ups the bid.
Lot of nodding going on here I bet.
Apologies Steve ...just fun
Luap85, I agree with what most have said on here but look at it from a very slightly different angle. Our stall is filled with sausage rolls and we know the price we want ppl to pay for them, and the beauty of it is that if ppl aren’t prepared to pay the price we want, especially since we know they are the best on the market, we can take them home and eat them ourselves. Either way we win, and the shorters can go and do one.
ATB, Pete
Lol Ian, good to see the board patrol in full flow you and Luc.
Breathtaking that you think the report would have any bearing on any deal
Breathtaking.
Lol
Eurasia is a exploration company that only started to mine itself not too long ago. The area mass they hold is mind boggling. Full of precious metals. They now saying time is right to sell and give it to the share holders which they themselves are too.
I understand your logic Spikey and negotiations are negotiations in the crudest of sense of the word but...
You have the scenario back to front, in this situation we are the stall owner and we are the ones that will bring the hammer down on any deal
It's very rare as I'm sure you'll know as we've all haggled with traders whether that be at the Grand Bazaar or Portobello Rd market that possibly another handful of punters rock up and throw a counter offer to beat that of your own
soz, marrakesh,
not marramesh.
cheemap, note that ACF ‘report’ is a *marketing communication*
from the FCA’s perspective, not an independent research report.
if you were in the souk in marramesh, it would be very unwise to
use the first price suggested by the stallholder as being in any way a
guide to the value of the item you are considering, although from a
price anchoring perspective that’s exactly what they are hoping for.
Aubrey, you do realise that this isn't a company in distress that has put itself up for sale as it's desperate. We have some smart cookies on the board and also some very smart investors who aren't going to just take a low ball offer. We are in a strong postion here and have a very knowledgeable bod and have engaged a fantasic investment bank and a Cambridge educated lawyer specialising in this. We mean business here and if a company isn't willing to pay what they think we are worth we simply won't accept it.
Thats for sure !
rain followed by more rain with a touch of grey clouds !
jeez
Aubrey, is well known for his negative views and he usually comes with his cohort master..
At least you know what to expect when he turns up :-)
Its that man again ! likes to pee on peoples strawberries .
Aubrey - if the ACF report was initiated by EUA it was done so to set expectations of those interested buying. So I can’t see them accepting an offer ‘in the teens’ as you’ve previously stated, they’d keep and mine themselves for full value. But as the status is now a ‘bid situation’ i would say this indicates there’s buyers hovering around willing to pay an amount the BoD are considering. It’s taken 9 months to get here but the fundamentals definitely amount to more than mid teens for a sale price of asset(s)
I would assume so too Aubrey as they obviously want the cheapest price they can get. Interesting read that report and they've valued us at 54.8 to 60.6 per share and they say they're being conservative. I relation to the flanks, I think they only applied 30% towards it which if you think I'd still huge. Sit back and wait time now but can't help but get excited!
Cheemap
Any bidder will use the data room and they will absolutely definitely not use the AFC report.
Lol
Thanks crabby, I'll take a look