Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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What happened with the chocolate hotel takeover? details please if possible.thank you .
What is the fair price for Curry's £1...£2?.....let's hope a Hotel Chocolate type takeover!!!
So what happens to the shares if they get bought out ?
Thanks
More likely a tumble drier or a TV.
A Currys delivery van just drove past my house. Is it a sign I wonder?
EUROPE RESEARCH
ROUNDUP
21/02/2024 10:20am
* Currys PIc CURY.L : HSBC
raises target price to 78p from 50p
* Currys PIc CURY.L:HSBC
raises to buy from hold
Why currys is fit for JD and potential reason for Currys trading higer than the 62p offer price..
https://retailtimes.co.uk/kantar-currys-may-not-be-the-only-retailer-in-jds-sights-as-chinese-e-commerce-giant-confirms-interest-in-bid/
Yes, started very lively this morning up 4% now,
One thing this possible offer has caused for holders long or short, is that they have been forced to disclose their positions.
Interesting times indeed.
Will they also be block voting about any deal?
Dont know if to bail out Friday hopping price will be close to 80p and hope bid fails then buy back in when shares nosedive. First time I’ve been in this position with a takeover so a bit nervous.
Institutions piling in today. Good to see.
I would expect 90p plus to be tabled anything less would be disappointing, for the average share holders and employees
Unfortunately its only a matter of time before this once well established, proud British company is bought out by some foreign company.
Is it me ....as I struggle with what these RNS forms are all about sometimes
But is it Finance houses jumping on the bandwagon here speculating that the SP will go higher because of the potential Bidding War....
Also think that Mr Ashley bought around this level and he wont want to sell at this level
Chilling here awaiting next shot up
If the RNS's are anything to go by RWC seem to be leading the way.
RWC taking a sizeable chunk there. 14%/165m. They must be confident of a counter offer/bidding war and see upside potential of c.30% plus
ASOS, THG, SFOR, DARK, CRTA, etc etc.
They are all undervalued by a substantial degree, as is much of the London market. This is setting things up for a buyers frenzy as our PLC's get picked up on the cheap by foreign predators and venture capital houses.
I would say the FTSE100 / FTSE 250 are probably around 1/2 - 1/3 of where they should be if they had kept up with other exchanges, especially the DOW. It just shows you how undervalued things are here now. Buyers are frankly spoilt for choice.
As well as Amazon, there are the 4 big supermarkets in the Uk who have mote space than they know what to do with.
80p, 25% from here, will do as a start..
https://www.telegraph.co.uk/business/2024/02/19/currys-shares-surge-33pc-elliott-jdcom-confirm-interest/
Looking good here
Incase anyone missed the SDRY news leak
https://news.sky.com/story/amp/superdry-founder-woos-us-investor-to-back-bid-for-struggling-chain-13075746
Just the start, whose next
https://www.proactiveinvestors.co.uk/companies/news/1041238/currys-bid-battle-highlights-m-a-potential-for-dr-martens-m-s-dfs-and-halfords-1041238.html?rel=scroll
Mary, I like the Amazon idea, I like it alot. Several years ago when the like AO started up Currys approached manufacturers and insisted they needed to be able to sell the same product at the same price instore as other online...there was no negotiation, manufacturers got it, they need a physical presence for high value items for people to see and touch. Add Amazon in there with their combined distribution and purchasing power, they should find £1bln down the back of the sofa. I like it alot. Amazon at Currys, Currys by Amazon...
Your not going to get a cash buyer come in for 1 billion pounds, that is just unrealistic, you would need to get financing for such a high number, any lender willing to provide the finance would also have to value the company at 1 billion and see a pathway to a return.