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Started: Euro23, 19 Jan 2021 20:16
Last post: Euro23, 19 Jan 2021 20:16
Blackstone takeover vote by shareholders at general meeting in February ...great news!
https://www.morningstar.co.uk/uk/news/AN_1611051295070574600/applegreen-sets-shareholder-meetings-to-approve-takeover-by-blackstone.aspx
Started: PANG, 14 Dec 2020 11:34
Last post: PANG, 14 Dec 2020 11:34
Some other movement in petrol retail in europe
https://uk.finance.yahoo.com/news/billionaire-issa-brothers-snap-up-german-petrol-chain-for-440m-112034877.html
Thanks.
I think i will wait for the formal takeover. Does not suit me to take cash before 1st January due to CGT
8.3 is a disclosure form. To show takeover panel who owns material interests.
Is form 8.3 a first notification of purchase of shares.
I’m sure if the Eg group brothers were not stuffed full of Asda they would be taking a look. Which PE group own MFG? May also wake them up. This sector is PE bread and butter given its leverage Le and consolidating - lever it up, build it up, lever it up some more, build it up some more. Can create big equity IRRs by pushing the balance sheet which public markets don’t seem to like.
Yes, the offer price is only circa the pre covid price. I will hang in there, however i do not see any doubt the deal will go ahead.
There will be second offer 6.70
We’re there some suspicious transactions? No doubt will be investigated. I’m in at 3 quid so would accept the offer but the fact the founder is staying in tells you all you need to know. It’s a bargain price. More chance of a competing bid than this falling apart. Check out the recent transaction multiples in the sector. Joke for the supposedly independent board that examined the price to say it’s good value. It isn’t and is below the mkt and they know it.
Hi bornagain, Was thinking the same. Its only really a problem if the offer does not happen!
Started: PANG, 21 Jul 2020 12:49
Last post: silverhorse, 20 Nov 2020 08:21
Keep a eye on this one i feel a takeover bid!
Not for long, no more boring appplegreen its heading for 11 euros
Suprised no more posiive reaction , share seems stuck in a rutt.
Started: theredbarron, 16 May 2020 00:56
Last post: theredbarron, 16 May 2020 00:56
Still a chance here to get in Well below the ipo price but with motorists down and social distancing required in stores you can see why they’ve had a hit to the SP
One I’ve watched from day one, but not invested here
Started: Whalebone, 17 Apr 2020 20:36
Last post: Whalebone, 17 Apr 2020 20:36
What’s going on here. A lot of positivity but what’s behind it ?
Hi, just invested in Applegreen for the first time, two Petrol Stations in my area always busy, wanted to invest earlier in year but P/E at that time was too high. At current levels looks good long term company
Started: andsoforth, 19 Sep 2019 20:41
Last post: sajhanif, 31 Mar 2020 10:55
Even more interesting
https://www.checkout.ie/retail/uk-government-reportedly-asks-93901
Last post: Whalebone, 20 May 2019 14:58
A further rise here today. Has anyone any idea what’s going on.
Last post: Whalebone, 17 May 2019 21:45
Quite a rash of buying here today. Does anyone know what,s going on ?
Last post: Whalebone, 28 Sep 2018 11:38
Well we’re back on the road, at last. Onwards and upwards !
Started: Whalebone, 21 Sep 2018 20:46
Last post: Whalebone, 21 Sep 2018 20:46
Petrol Station business Aapplegreen has seen its gross profit jump 33pc year on year to 109m euro in the six months to 30 June.
Revenue at the group increased 27pc to 854.9m euro, the group said in a trading update. On a constant currency basis revenue increased 30% year on year.
Meanwhile AEBITDA increased by 17% to 19.4m.
During the six month period the group saw like for like growth of 3.5% in non fuel gross profit.
Capital expenditure during the period was 30.3m euro, while the groups net debt position declined slightly to 9.1m at June 30 from 10.2 m at 31 December 2017.
Applegreen opened 14 new food outlets in the six month period to bring its total to 274 outlets.
“ our financial performance for the first six months of 2018 has beeen robust notwithstanding the difficult trading conditions caused by the exceptional weather in March , especially in our Irish business said Bob Etchingham CEO
In August Applegreen announcedthat it is to acquire a majority stake in UK motorway services area operator Welcome Break for 362m euro.
Welcome Break portfolio consists of 24 motorway service areas, two trunk road service areas as well as 29 hotels across 29 hotels across 35 locations in the UK.
Started: Whalebone, 29 Aug 2018 21:45
Last post: Whalebone, 29 Aug 2018 21:45
???? That is the question !!!!
Started: Whalebone, 22 Aug 2018 20:55
Last post: Whalebone, 22 Aug 2018 20:55
Trading in apple green shares was suspended on August 2nd 2018 They are in the midst of a reverse takeover of the UK group Welcome Break. A huge development but not without its risks. they will trade again some time in September. For the full story google the words applegreen and Irish times and read the pieces published on August 2nd and 4th. I look forward to seeing what value this will add.
Started: Rhambo, 13 Mar 2018 08:29
Last post: Rhambo, 13 Mar 2018 08:29
Some really good figures today. Reduction in net debt, increase in net operating cash flow by 63%. Well spent placing cash - this could really turn into a solid income stock over the long term. Happy to have the token dividend if growth continues on the current trajectory.
Started: Wexboy, 31 May 2017 18:01
Last post: Wexboy, 31 May 2017 18:01
New Investment Thesis: https://wexboy.wordpress.com/2017/05/28/applegreen-just-grab-go/ Cheers, Wexboy
Started: Whalebone, 27 Jan 2017 20:23
Last post: Whalebone, 27 Jan 2017 20:23
The Applegreen station at Lusk on the northbound M1 from Dublin to Belfast were the seller of the recently won 88.5m winning ticket. Good advertising! The winner has yet to be identified.
Last post: Whalebone, 18 Jan 2017 11:18
Added today. This company is growing like wildfire. At a time when the number of petrol stations has shrunk they have come along with a more attractive services/foodcourt offering which seems to be doing very well. My only concern is that in bringing so many new outlets on stream in a short time they might not be attending to detail. For example, I find their on-site signage and road markings within sites are poor or virtually non-existant as in the recently opened services at Hillsbough (south of Belfast).
Started: Whalebone, 6 May 2016 16:09
Last post: Whalebone, 6 May 2016 16:09
They have introduced Greggs bakeriesfrom the rest of the UK to Northern ireland which has been a real hit!
Started: doberman, 29 Mar 2016 05:09
Last post: doberman, 29 Mar 2016 05:09
All over Ireland north and south .
Started: theredbarron, 1 Feb 2016 14:36
Last post: theredbarron, 1 Feb 2016 14:36
Good volume on here today I see!........
Started: theredbarron, 21 Jan 2016 22:53
Last post: theredbarron, 21 Jan 2016 22:53
Hmmm spoke too soon..
Started: theredbarron, 15 Jan 2016 19:39
Last post: theredbarron, 15 Jan 2016 19:39
Lots of investors here I see! Very surprised I'm the first to post on this BB? Well it is a Irish petrol/snack retailer with stores in uk and parts of America and is also looking to grow. .. Well may have a bite of the apple when I get some funds through... But in a tough market it seems to be holding its own.