The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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.
Yus191 - In answer to your question about contract news: http://www.sepura.com/news-events/news/2017/rwe-power-builds-on-long-term-agreement-with-sepura/ Issued today on their web site- A new 10 year managed service contract in Germany including network expansion. Seems business is continuing hopefully as usual.
This is what i was also thinking.. the goverment must be aware that if they block the takeover its likely sepura will collapse. So would they provide some kind of support to the company or just let it slowly die with the inevitable job losses?
Trying to think what the UK government are trying to achieve with this. If they block the transaction from going ahead, it seems likely they will kill the company. Would either of the two above options actually be feasible? The world has changed a lot and government intervention to support struggling companies seems a long way off.
Does Teltronic still have integrity as a unit, for sale? Should never have bought it (with 20/20 hindsight).
If the goverment gets involved and blocks it then what? Sepura may very well end up collapsing or having to sell of chunks of its business anyway to stay afloat
On Thursday 9 February 2017 the shareholders of Sepura plc approved the proposed acquisition of Sepura plc by Hytera Communications Corporation Ltd. Under the powers set out in the Enterprise Act 2002, the Secretary of State is able to intervene on national security grounds. This responsibility is discharged in a quasi-judicial capacity. On 27 and 28 March 2017, the Department for Business, Energy and Industrial Strategy (BEIS) wrote to Sepura and Hytera respectively confirming that the Secretary of State was minded to intervene on national security public interest grounds and invited further representations for consideration before coming to a final decision. On Monday 10 April 2017, the Secretary of State issued a public interest intervention notice, confirming that he is intervening in the merger on national security grounds. In reaching this decision, he considered the representations received from the parties and further advice from the Home Secretary. The Competition and Markets Authority (CMA) will prepare a report on the competition and national security aspects of the proposed transaction. The CMA has 15 working days, until midnight on Thursday 4 May 2017, to complete and submit this report to the Secretary of State. https: //www. gov.uk/government/publications/proposed-acquisition-of-sepura-plc-by-hytera-communications-corporation-ltd-public-interest-intervention
Although, having said that, Dominic Grieve didn't do anything via his committee, and the government have joined the party so late you'd think their "Sauron Eye" was pivoting on a dry bearing...
I mentioned this a long time ago, and got shouted down by people suggesting that Chinese involvement in nuclear power plants was a clear and obvious sign it wouldn't be a problem. A key (and almost sole in places) provider of critical security, army and emergency service infrastructure elements sold to a foreign country, and the UK government wouldn't even look into it? Yeah, right...
wow.. why is it dropping like a stone? isnt the rns news we already know its just now got a deadline of completion ?
...... i cant even imagine how much frustrated sepura employees must feel.... company with such a strong product and so much potential dragged on to this maze of uncertainty and problems.... amazing....
Not been following for a while but has there been any sales contract updates from sepu? Or been quiet on this end ?
Well on a positive note it does give a decision date of the 4th May :-(
Wow, it seems that everything that could possibly go wrong with this acquisition has come to fruition. I think Sepura should go it alone in my humble opinion as it can't get worse than this. If the company goes belly up then it would be due to Givernment meddling and incompetent BoD.
well when you put it like that so do i LOL
Well I just want my 20p :-)
i will take a 0.25p rise every day thank you still blue finish :-))
Well i must say it's looking good so far this morning in the blue hoping it finishes up today :-)
I also think about it. Lets see what the new week brings.
morning all am still holding and thinking to add this week if i can before we get a good RNS update ATVB to all holders
I held here from 14p or 15p up to 22p or thereabouts the day before the TO was announced. made a small prfit but was expecting ore. Bailed at 19p'ish from memory. Yes, aj1K is an arse for sure. Good luck guys I hope you get your 20p.
Agreed King - with a near 50% uplift in the near future if an AGREED T/O goes through, the risks are relatively minimal. Form-filling and Red Tape unsettle peeps but I can't see a convincing case for this to be scuppered even taking the concern of having China intimately involved in our Emergency services, etc. After all, our Utilities are almost exclusively foreign-owned and how bloomin' vital are they???!!
Yawn.....I sold at 27p (from 13p) and have my profit back in here at 13p. I have been involved in many takeovers and these things take time, yes there is a risk but I believe it will happen. To compare this share to Cloudtag simply proves you are a Idiot Troll or you are bitter because you have lost money here.
Keeping investors in the dark.....really? Perhaps thats because a process is taking place and there is no news to release at this time......go Troll somewhere else ....Idiot.
Well said why people come on here to ---- stir