Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Down and to the right, the only direction this dogshxt ever travels over the decades, same as the rest of the basket case ftse 350, will end up at sub .20p and probably go bust in oncoming recession, should have dumped it on private equity.
I agree
Personally I dont want Currys to be taken over by JD as its Chinese and Currys will then become a dumping ground for cheap crappy chinese products.
It would be so awesome for someone like BestBuy from USA to come and make an offer. I have been to BestBuy stores in USA and have bought a few things from them and the stores, brand etc is very much alike how Currys is over here and hence would be such a perfect match.
Yeah that makes sense CityTTrader, cheers, Bob
JD could try low ball but someone else might bid thus increasing JDs next bid, 85p should do it
I would expect JD to come in with a bottom price but which is acceptable to the board so imho I think that will be around the 75p area. What's everyone else thinking?
March 18th
When is the latest for JD to make an offer?
For JD I doubt they will make a statement just yet but 10am to midday?
Cottill, I am not sure the cadbury comparison is valid bc Currys dont actually make anything that can be sourced elsewhere.
Taverham. Board will only engage with Elliott if there offer is worth their time. Elliott would need to bid 80 to 90p per share to get board to engage.
Clearly, Elliot weren’t going to make a credible offer. I’m glad they’re gone. Curry’s is the only decent sized electrical retailer left in the UK, let’s keep it. Look what happened to Cadburys.
Think this will drop then recover and after results day be where we are now probably and JD still have to state there intentions and is always possible for someone else I’ll just hold on.
Clearly some in the market knew on Friday, causing the sp to drop then . I expect this will now bounce around today.
Still a £1 bid 🥳 party😂?
What a disappointing RNS today. 3 things spring to mind; firstly Elliot are trying to force the bod to engage through their statement, secondly the bod are putting their own intrests first by refusing to engage and should be sacked and finally unless jd.com or another bids or are seen as likely to bid the sp will be back below 50p , proving Elliot correct in their complaint that the bod are wrong to not engage. Not impressed personally.
Elliott's - bunch of chancers have gone off in a strop. Only problem with Elliot pulling out is that if their involvement was meant to flush out an offer from JD, it hasn't... So no bidding war and all hopes now pin on JD not being a bunch of n*bs.
Buy the dips if JD. out pulls too..... a golden entry for sure if that happens.
100%, it’s never been about the Yanks it’s all about the Chinese. Elliot was smoke and mirrors
Good riddance ... Elliot chancers.
Will have to see.. but there is still JD to show their hand
Ouch and this is always the problem when people buy on the hope of an improved offer
30% drop today I'd imagine
Currys is undervalued but also overstaffed and under whelmingly managed which leaves plenty of scope for cost cutting in stores and at the top. It is more or less the last man standing in UK electricals - a situation it has yet to exploit . It has the likelyhood of becoming debt free with the cash coming from the sale of Greece.
It now stands below the offer price already made and unless both interested parties drop out then the share price should go only one way. Note I say should not must - beacause with Currys nothing is for certain.
That said I have added and added last week and again this so if a bid does comes in at 80p then I will be a load down but at least not the shed load I have been. GLA !
Https://x.com/SwazersC/status/1766827676193440038?s=20 https://www.tradingview.com/x/NswQ19DJ/
Better get my DJ dry-cleaned this w/e in readiness for next week...