Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
good deal for BG. with the POO in descent and not likely to rise for some time if the Saudis keep their production going?
I am going for RDSB and cash. That way if price of RDSB does drop further, then I will have cash to buy more.
what options are people going for re the offer, RDS + Cash or RDS all the way
It’s time to debunk the myths around Shell’s bid for BG Group Patrick Hosking Last updated at 12:01AM, January 6 2016
Prospectuses, election and proxy forms are dropping onto the doormats of BG Share holders this morning. I know, I've seen my aged mother's copy. She's filled hers in and it will be in the post tonight. Thousands of others will be doing the same. There isn't a BG shareholder anywhere who is going to vote against the offer in the hope that they will be given only half the cash and a tad more of a Shell share ... basically to give up £1.83 in return for 6.5% extra of a Shell share (worth 85p at the time of writing). Also BG shareholders don't know of any other offer ... it's not in the paperwork and its not being put forward or supported by the board of directors. So why would shareholders reject the offer in a vacuum for something that they don't even know about. Any £2 + 0.5 of a share offer is purely speculation, a what-if being used to fill column inches at best. For BG or Shell the cost of varying the offer, both practically and politically is far too high to even be contemplated. The deal will either succeed totally or fail totally ... my money is on the former. But it's not done yet and that's why there's a difference between the £10.73 theoretical price of BG and its actual £9.85. There's a 9% arbitrage in there if you think its going ahead ... and if you don't then take the premium and run -- some have, only time will tell if they did the right thing or not. Mike
What you say does make some sense ,however from what I understand there is a lot of opposition to the deal ,and by regigging it ,it's felt may be the best way forward ,both shares are expected to rise on the new terms ,as at present the Bg. Price is below where a done deal would have it.
There won't be a new deal ... the prospectus is out, the numbers have been agreed, known and on the table since April ... Shell/BG have been around the world getting approvals ... they have the institutions on board ... they are not amateurs. This will happen. And as has been pointed out before ... any BG holder that thinks it won't has sold out already. Other wise they will lose big time when the deal collapses ... and that means they can't vote. So all the holders of BG shares are going to vote in favour. Which only leaves us with a shareholder rebellion in the Shell camp ... come on ... time to get real on this. Mike
And the big holders are the ones with a significant vote. I hope you are wrong.
It is a better deal not for the guy in the street ,but the big holders will benefit in the future anyhow imo that's what's going to happen..
I don't think the shareholders will accept a worse deal. Currently nearly half an RDSB share = about £7.60 plus £2 = £9.60. That is less than the current BG share price of £9.80. Daft for shareholders to accept a deal worse than the one on offer. 0.4454 of current RDSB share price = £6.82 plus £3.83 = £10.65. If you are going to negotiate at least aim for a better deal, not a worse one.
I don't think the shareholders will accept a worse deal. Currently nearly half an RDSB share = about £7.60 plus £2 = £9.60. That is less than the current BG share price of £9.80. Daft for shareholders to accept a deal worse than the one on offer. 0.4454 of current RDSB share price = £6.82 plus £3.83 = £10.65. If you are going to negotiate at least aim for a better deal, not a worse one.
I have posted this before ,but I'm suprised it's not more widely acepted ,this cash part is going to be reduced to about £2 and a slight increase in the share part to I believe nearly .5 per share,this is only my opinion.
http://www.telegraph.co.uk/finance/comment/12078269/Fund-management-industrys-credibility-on-show-in-planned-BG-Shell-merger.html Another doubter is Ian McVeigh in the Sunday Telegraph. All the doubters are starting to come out now. Maybe they just haven't invested in BG and don't want those who have to benefit when they are not? Once an investor pulls out of a company they also lose their voting rights. Those that are in BG by the time of the vote will be able to vote and will likely vote for the deal. The doubters also take a very short term view on the basis of the current very low oil price. Already there is unrest in Saudi Arabia and the government there will have to do something about it. Don't be surprised if the oil price rises back to the $40's or even $50's early next year. Of course it may not happen but that could risk serious unrest in Saudi Arabia and other oil producing nations.
looking less likely imho
Investor halves BG Group stake as doubts grow over Shell deal One of the world's largest investors more than halved its stake in BG last month, fuelling speculation about shareholders' attitude towards the takeover by Shell By Ben Martin, and Ben Marlow7:05PM GMT 02 Jan 2016
£3.83 cash per BG share and 0.4454 RDSB shares per BG share.
Can anyone see this deal not happening now? Shell have got approval from all relevant authorities. It's now down to getting share holder approval. I can't see Shell not having approached all the major share holders to get their views and to ensure they will be getting a good majority in favour.
Royal Dutch Shell-BG Group Merger: Will it be Successful? http://www.bidnessetc.com/60015-royal-dutch-shellbg-group-merger-will-it-be-successful/ Bidness Etc discusses the risks that have surrounded Shell-BG merger deal and whether the deal would be successfully completed in 2016
what is in this takeover for the small Sid shareholder?
Advisers and investment bankers to share a £106m fees bonanza from Shell's £36bn takeover of BG Group By LAURA CHESTERS FOR THE DAILY MAIL PUBLISHED: 22:57, 22 December 2015 Read more: http://www.thisismoney.co.uk/money/markets/article-3370973/Advisers-investment-bankers-share-106m-fees-bonanza-Royal-Dutch-Shell-s-36bn-takeover-BG-Group.html#ixzz3v7TBQ3m7 Follow us: @MailOnline on Twitter | DailyMail on Facebook
The many reasons why Shell’s deal with BG will happen in 2016 Outlook: Shell needs to do a deal at this time of obvious consolidation in the industry Jim Armitage @ArmitageJim 5 hours ago
Major Shell, BG shareholder expresses support for $53 billion merger Top 10 Royal Dutch Shell RDsa.L and BG Group (BG.L) shareholder Aberdeen Asset Management (ADN.L) said on Tuesday it supported Shell's proposed $53 billion acquisition of its smaller British rival. "We're supportive of the deal from a strategic perspective. It makes a lot of sense to put the two companies together," Ben Ritchie, senior investment manager at Aberdeen Asset Management, told Reuters.
Shell due to complete BG takeover on February 15 AFP December 23, 2015 Last Updated at 00:42 IST Energy major Royal Dutch Shell said today it was aiming to complete its takeover of smaller rival BG Group on February 15 next year.
Share price at £8.99 not far off the price just before the Royal Dutch Shell takeover was announced. Who would have thought it. JEM.
Shell, BG Shareholders Set Dates For Merger Vote Reuters Monday, December 21, 2015 - 8:12am