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.
hi tth, - assuming you mean the woodford ipo thing i mentioned on weds? ... just be aware, woodford issued a supplementary prospectus **yesterday** changing the terms of the ipo somewhat; essentially, because the demand so far has been very very high, they are significantly increasing the ipo size, issuing extra shares .... this means on the one hand, (a) anyone applying is likely to get a better allocation, BUT (b) because more shares are available, the short-term price spike, if any, is likely to be smaller. -- so *if* it goes well, then would be smaller % gain, but on larger stake. i expect you're probably well aware of that already, but just thought i should give heads up in case you're not. NB because they've changed the terms of the ipo, they've extended deadline for few days, to give people chances to change their minds to make order size bigger /smaller / withdraw /join in. gl. [apols others, off topic for bg]
For me i can not see exxon doing nothing experts are by 2018 with takeover of BG they could be bigger than exxon so do they counter offer or bid for bp i think they go for bp
This was meant for Spikeyj I feel like I did when I was carpetbagging round the building societies trying to work out the next to de-mutualize
Re your last comment - I am now ... But only for 80% of my profit from BG - no capital
Cheers Spikey. Appreciate your input.GL.
offer price partially dependent on rdsb sp & investec have issued small downgrade to 1900. me, i like the deal on an l/t view, and i've switched some of the v nice money made from my long bg into rdsb itself, but i can see that there are a fair few folk arguing that shell may have overpaid for bg. we will see. i'd be surprised to see counter-offer for bg, think perhaps more likely BP gets a knock on the door, but i'm not in that one yet.
Could anybody tell me what the maximum amount of shares you were alowed when Mag Thatcher floated BG ?
Did credit Suisse miss the Shell offer!im a long term holder here and suffered along with the rest over the last few months so a great surprise. I am a little surprised at the difference between the offer value and current price.....too great to cut and run. Any thoughts of a counter offer?
I agree. Oils stocks such as Shell have been battered down over the last 6 months and should recover some ground. Also, a BG dividend is payable in May. No reason for mid-term or long-term investors to sell.
These shares are looking at a good price with the upside of today's takeover price north of £13 when Shell where hitting north of £25 before the drop in oil prices last year, I know everything is a gamble but a 100% return might be just worth it
Apologies, the rns is from the ftse rather then shell i think.
Re prospectus late 2015. http://www.investegate.co.uk/ftse/rns/royal-dutch-shell-plc/201504081712166671J/
As someone said earlier - cash is King - if you're happy only receiving some cash and RDSB shares then it makes sense to hold some as the deal goes through Personally I think the deal will take time, with the election coming up politicians will want to stick their noses in, the FTSE is quite high etc. So I will continue to watch and if it goes down enough I may re-buy.
Thanks for the exchange here...It seems to good to be true unless of course RDSB SP retraced due to an unforseen reason. I like your self sold BG this morning whilst there were pound notes in my eyes..and bought back pm Well done on your sale and good luck
There is also a dividend coming up of 9.52p per share which from what I read BG holders who hold shares on 23rd April will receive. Shareholders should get this later in May I believe.
If Bg's sp is 1153 when the deal is finalised and RDS is £21 for example you will get £3.83 cash and 0.4454 shell b shares which at a RDSB price of £21 would be worth £9.35 So total of £13.18
What I am stating (and stand to be corrected).....If BG's SP is at say 1153 when and if the deal is finalised and I had bought the shares at 1160 late this afternoon. Then I would receive 1153 per share
What do you mean 'I don't expect the deal" When the deal goes through there won't be a company called BG.
Surely if you sell BG today you have had all the gains from the offer on the table from Shell. Last night COB would have been the deadline to enjoy the proceeds of the offer. So a purchase today or next week would not get the deal? By all means correct me on this. I sold BG this morning and bought back this afternoon, do not expect the deal but Divi and growth. I also bought a chunk of Shell for the Divi
if the PoO and the RDSB sp recover may turn out to be even better. Combine that with the additional improvement in BG's sp and this could tun out very well for long termers and people getting in at current levels. The RDSB price is relatively low at the moment so if the PoO increases theres room for plenty of upside. GL
Thanks will look Closing price £11.53
(i know this is very off-topic for bg, but if you are just looking for a short-term punt with a little money from the BG rise, there are still a few days for the woodford patient capital investment trust ipo, it closes on monday i think? ... it's possible it might be worth stagging it, as IT not UT and probably pretty oversubscribed, but dyor, no advice intended of course.)
Not sure about winnings - just starting to recover from some howlers really. I saw the 500k buy here last Thursday after hours for 4.295 million quid and did start to wonder ...... I took a £130 quid loss in Centrica last week and chucked that in here as well. I'd like to buy there but somethings stopping me atm
Can't quite see why these are below 1200 even with the depressed shell share price the deal value is nearly 1300,and whatever happens BG. are very much in play .and nobody will get them for under 1300 ,all very puzzling.