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It's up to you who you believe but i sold Ted and Boo on the same day April 28th, Ted i bought at 98 Boo can't remember what my average on that was but i lost around quite a large sum on that one.
Noggers you do realise that your posts are visible ?like this one on 25 April when the SP was 147.8 , A price which it has NOT EXCEEDED SINCE!!
"Didn't really expect to be going down today, nearly pressed the sell button first thing this morning but held off."
yet now
"I sold all my holdings at 152 it is just to much of a risk to keep waiting in the hope of maybe getting 160 or 170 made a nice profit of 10k on my holdings"
At least one of those posts is untrue
I make it a hobby of mine to call out people whose posts show little connection with reality!
You are today's Porky champion - congratulations!
i sold all my holdings at 152 it is just to much of a risk to keep waiting in the hope of maybe getting 160 or 170 made a nice profit of 10k on my holdings, which the way all shares are going at the minute you need all the profit you can get.
It should not have escaped your notice that the current SP is BELOW the last reported bid by Sycamore. Does that mean that Sycamore have not raised their bid and nor has anyone beaten it, or that the Sycamore bid remains the highest and is liley to be agreed? if the latter the SP will settle here, the few pence difference being the bid price less the relatively small risk of the bid failing for some , as yet unknown reason.
Whatever, I am buying a few again . My logic is that if the bid succeeds I at least break even , or maybe benefit from a higher price( tho' only by 10-20%), if it fails I suffer the sharp drop which will follow but in that case I will hold and add as part of a folio of UK consumer which IMV will recover slowly over maybe the next 12-18 months.
Comes down to negotiation of good will.
Not current market value.
The board were not the party seeking a sale in the first instance.
I'm not convinced £2 would be perceived as "attractive"
It’s uncomfortable to watch but It has no effect on the outcome and bid price(s). I did top up earlier - a bit too soon by the look of things.
From a cursory glance at the trades going through it seems the majority of sell transactions are small scale which suggests PIs getting the collywobbles or impatient to reinvest in the jumpy market. Can’t be much longer before there’s an update.
Cannot understand fall as the longer this goes on the more likely the deal will take place.I would not to be out of this over the weekend as weekends are the time deals are put to bed
Ocean - I think we'll be lucky to get bids of £2 per share (which is over 30% to current price). No way we are going to get bids of £2.50p +. I do hope I am very wrong.
I too am thinking £2+
I wouldn't be surprised at £2.5 - £2.75
I see the board are persisting with a anticipation that recognises growth, and an pleased to hear this.
Sycamore must be ****ed. Tried to come and snag it on the cheap & now have to compete against others.
People getting bored waiting for the outcome, seeing other investment opportunities, concerned the price is falling so jumping out to avoid further falls, and the MM's allowing the price to fall so they can pick up some cheaper shares.
that's my thoughts - DYRO ;-)
There has been a lot more sells than buys last few days? anyone understand why?
I think they will leave it as close as they can to the trading update on the 26th
I would hope that we might get an update by the end of the week or after the weekend.However the longer it goes on is quite good news as it looks like it is competitive which must be good for the final offers.Even at £2 it is cheap as the growth prospects are enormous specifically when you look at just online platforms like Boohoo
I’d think no more than another three weeks. Hopefully by end of next week, though.
Anyone have views or experience around the likely deadline that the BoD would have put for bids from the selected parties now conducting due diligence?
I agree, large shareholder was in at 1.70 I think so I can’t see them agreeing for less than that. I see ted and Twitter both good short term targets. And I was going to get superdry but thought I would wait to see if I could get it cheaper. Will get some if this goes through.
Cannot understand why the price has fallen today.Topped up this morning at around £1.5 t0 £1.55 as I think it is a fantastic short term investment at the moment as I think there is the opportunit of an increas of at least 20% in the short term if not more
Yes I have both stocks at the moment and over recent weeks I have been buying some Superdry but not diluting my Ted.I currently hold seven ted for each superdry one.I think in my opinion that I will wait until the Ted result is known.I have several targets to place my investments with and I most probably will sell most of my Ted when deal is announced and I think it will be a good one
agree same dilemma i am going through now.
i did sell small amount of TED and converted them into SDRY as they were same price this morning. i guess the upside in SDRY is 150-200% whereas upside in TED is 50% but then TED might happen in few days......
I also want to get into superdry heavily, Amazing price at the moment. However waiting for the sale process for ted to go through first. In the short term ted has much more potential. However in the medium term superdry has much more potential imo, so id wait
Superdry and Ted are now almost same price. do you think it's worth buying sdry and getting rid of some of Ted? i did sell a lot of sdry and bought ted when sdry was much higher , seemed to be the lucky decision. Currently i have got them in the ratio of 1:4 (1:1 before). should i wait or get them to (1:1 ratio) now? to me both are heavily underpriced...
anyone holding both of these stocks?
Ted Baker (LON:TED) has received "a number" of proposals from potentially interested suitors, it said on Wednesday, after the fashion retailer put itself up for sale earlier this month.
The British firm, which has nearly 400 locations mostly in Europe, North America and the United Kingdom, launched a formal sale process after private equity firm Sycamore improved its takeover proposal and another third party showed interest in bidding for the company.
New York-based Sycamore had later said it would take part in the process.
Sky News reported this week that Reebok-owner Authentic Brands Group was exploring a bid for Ted Baker.
The retailer said on Wednesday it was inviting the unnamed parties to enter a due diligence process and would provide them with information on its business.
There is no certainty that an offer will be made, Ted Baker said, adding that it reserves the right to change or end the formal sale process or reject any approach.
I noted the language around "a focused selection" which gives the impression that there was quite a few propositions put to them. Let's see if the due diligence process hardens the resolve for serious bids or causes the contenders to pull away.
The more I read imo I think that the takeout price will go to £2 or above.I think there must be more than two suiters at the moment by them using the phrase number .As I have said before the BOD needs to get to the figure above to justify selling out and if there were only low offers they would have already terminated.