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Why haven’t they released results
Why are people selling just 2,3,or 4 shares in IDS... Surely the trade would cost more than the shares are worth?
I rest my case with you TheMoneyShark
You Won 🏆 🙌🏼
Oh well TheMoneyShark
Please don't burn yourself out trying really hard to get the last word over my comments. Chillax bruv. We only live once 😊
Well well well
You are still not getting it TheMoneyShark.
Are you too stuck in one mindset?
Yes, indeed you are.
If I changed the direction of my investment sentiment is because it was foreseeable that things weren't going to plan.
Have you not seen how those stock brokers change the tune of their ratings depending what a company has published? Are you going to say that they all have a lost bolt somewhere in their heads?
Please re-think your investment in ids before it hits you hard in the stomach with an unexpected nasty bag of surprises as its already happened with their failed to deliver their trading update still outstanding. Shame on them.
Correction. Added *No
*No amount of money will do the talk
And only days ago when I first posted here about the Atos news report, you and your followers questioned its relevancy in this ids stock forum.
The reality is that Kretinsky got his mindset stuck in having his way in both side of the English channel believing that having plenty of money to push around will get him what he wants. I'm afraid that amount of money will do the talk in getting the two bids done and approved to his terms. He would be better to just drop both bids and take a back seat.
Maybe there's been a counter bid 😁
Hahaha TheMoneyShark
I told you so.
Time to get real guys.
It ain't going to happen.
He's trying too hard even in France and he's not going to get his own way. No way José 😂
[Kretinsky weighs changes to Atos bid to win over creditors, source says
May 21, 2024]
PARIS, May 21 (Reuters) - Czech billionaire Daniel Kretinsky is looking at options to try to persuade creditors to side with him in the battle for Atos (ATOS.PA), opens new tab, a source close to the matter said, as the distressed IT firm seeks a debt restructuring plan by May 31.
https://www.reuters.com/technology/kretinsky-weighs-changes-atos-bid-win-over-creditors-source-says-2024-05-21/
The RMG soap opera continues
4 minutes
Its the same business though, thats just excuses and smoke and mirrors to get RMG on the cheap
I've invested in a number of companies that say they have set a deadline only for it to be extended multiple times. It isn't a given it will be the last extension (hopefully it is).
As for the 'obvious' statement that it needs shareholder approval, the major fund owners will already have been sounded out on their acceptance level for support, DK didn't just wake up and decide to throw a bid in without doing his due diligence and palm greasing with the largest shareholders and institutions.
As I said, it's already sold (my opinion) and it will be going through on the nod because more than enough holders will accept (and a load who post their supposed resistance probably won't vote at all anyway).
We shall see, have a good day
They have to get the consent of the Takeover Panel to extend the PUSU deadline. The Panel May agree relatively easily once if negotiations seem to be coming to a conclusion but it won’t allow continuous extensions of the deadline running into weeks.
Royal Mail’s parent company International Distribution Services (IDS) has failed to deliver its full year trading update on time, scheduled for 7:00AM on Thursday morning, as a possible takeover hangs over the group.
IDS was set to announce its full financial year 2024 results this morning, but at 7:42AM the press team sent an email apologising for the inconvenience. It said there was “a delay in issuing our results this morning. We expect them to be up in the next hour or so.” But by 10:00AM there was still no sign of the results.
Andy McKenzie, https://www.gov.uk/tax-sell-shares
The only way for a firm offer to be tabled is for the BoD of IDS to RNS a non negotiable PUSU date (put up or shut up) and compel DK to make a best and final offer. That would put all the theatre to bed and give clarification to shareholders (which means it won't happen because they like to waste more time and money on legal fees pretending to negotiate the terms of offers/contracts).
It's already been sold, the market just haven't been told yet (my opinion).
Time will tell, all the best
Hounddog10 with the CWU & DAVE WARD , more accepting to change at IDS ,the board way , rather than DK EP VESA way. Do you think IDS would prefer a labour government, with the CWU doing the bidding on their behalf regarding USO....
I THINK the delay is due to the board , changing the statement to take into account the election.
Anyone know what tax and deductions you pay when you sell shares.
MS
'Because we will know by next Wednesday 29th whether DK is putting an official offer on the table.'
As is the case with a shed load of unsolicited bids for companies that go into a Formal Sale Process, these 'supposed' deadlines are frequently extended by a further 4 weeks (numerous times) while the complicit BoD 'pretend' to be fighting for better deals.
The price has most likely already been agreed months ago, and the games will be played while they sit together having tea and hobnobs giving the illusion of 'strong negotiations' that appease some blinkered idiots who think Directors and Unions actually give a single gram of fcuk about their shareholders/members.
Some pigs are more equal than others.
It is very peculiar that the results have not been released. As others are saying you would normally expect 7.00am and if not that 8.00am. There are no particular rules requiring IDS to get the results out today other than once you know your results you are obliged to get them out a soon as possible. The more important issue is that they have raised an expectation in the market that they will release today (and have lined up analyst calls). It is not a good look for a FTSE 250 company even though IDS is a bit slow generally to release results and certainly takes a lot of time to get the full glossy annual report out. However, I expect the results to be out shortly. They should normally have submitted the RNS release for issue first thing today at close of business yesterday but perhaps they are revising wording due to the election announcement.
IMO
The GE was called because this takeover is on .
Was it five or six shots fired?I reckon there is one bullet left
DYOR
Would IDS not have to notify LSE why they are not publishing their results on results day