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... I've hung in as long as my patience and sanity will allow but I really think this is dogs**t now so I'm out. Sold 100,000 [my average was 16.9] so overall painful to the portfolio but I think a lot less painful for me than some on here. Anyway, my view is there are just too many complicating factors and risks in here now and this is FAR from a straight-forward deal. Feel relieved now [especially as I appear to have just beaten the last 8.3] but a genuine good luck to all of you with the balls to see this through to the end. Bigger than mine.
I think the idea is that it runs on existing LTE network with traffic prioritisation in an emergency…
wow this really is dropping off a cliff.. dipped into the 9's- can it really go any lower ?
Sepura's contracts have some commercial value. If it goes bust, the administrators it will them to to a venture capital firm maybe wholly German owned. A solution will be cobbled together.
Germans block sale,Sepura bust 3/6 months,Germany then has over 300 Administrative areas with their essential services without back-up. Winners-none. Losers -all. Totally senseless bureaucracy , but beginning to look possible. Gla.
on an academic note: .... However if the UK does move to 4G emergency response network, it definitely needs to be encrypted, because the data transfer will be huge. It will no longer be about voice communications with some minor data transfer
So you think some enemy agent is going to shutdown the Airwave network when there is a crisis? :lol:. Airwave is currently owned by Motorola. Its ownership has passed through various hands, the UK government never particularly cared who owned it. See this guys lament about it never being taken seriously. And its scheduled to be shutdown in year or two. it might not but that's another issue altogether http://www.tetra-applications.com/30060/weblog/the-end-of-airwave-and-the-truth-about-tetra-and-lte-for-uk-emergency-services-act-2 what constitutes a "national security" issue is often based on cultural factors. The UK and European saw fit to encrypt the communications of emergency responders . The US appears to have taken a more relaxed attitude
Seriously? You think this is about eavesdropping? No, it's about a company outside the UK (in china) having the capability to *shut down* critical communications infrastructure - or otherwise adversely affect it. Why would this be about some halfwitted version of Smiley's freaking people?
Funny how it was lifted up and someone offloaded to retail b4 a dump on the news, now retail will offload new lows are quite likely I don't see 2.5p but not going to say it won't happen but definitely new lows likely can't see it getting the demand especially due to recent events very fishy best thing to do is hold on if your in and look back in a few months whilst the games are played out, might get in if it hits sub 9 until then on the sidelines... good luck all.
the Germans would not spend their time correcting the cheating at VW to exaggerate their diesel figures.£70m company referred when they are happy to sell billions to Chinese.They are just being petty and small minded.What are they going to claim "that sepura handsets are going to go undermine their Country`s security?". No wonder it takes an age to get anything done in Europe. My rant for the day.
public security is a manufactured issue to be polite. You can live stream the NYPD and the FDNY. In fact that's keeping the public agencies accountable and open. Why is it necessary to encrypt tram drivers communicating with their bases and heavy breathing cops chasing suspected perps?
i don't thing airwave is going to be replaced anytime soon.... for just building a replacement i guess they will need at least 2-3 years... and starting building the new network has already being delayed and postponed etc etc... the problem for airwave is with vodafone, that provides the backbone network for the base stations (motorola ones)... but i believe they will short it out someway otherwise i see police talking with smoke signs!... anyway even if they start building today and lets say everything will be ready in 2 years...and consider, testing, migration, etc etc... until all agencies migrate to new network (if they will ever do), sepura radios will be needed for at least an other good 5-6 years ..AT least... but to be honest... i dont think that uk gov is worried about security ..because sepura is only selling radios for uk.. and you need the infrastructure to have a proper interception / security threat... so i dont really understand what the security reasons are all about..... and that's why i get all suspicious that gov and sepura are aligned for the delays etc etc.. anyway will see... but i don't think we are anyhow near the end of the saga... or maybe i just miss judging because deep inside me i don't want the takeover to happen and see sepura turn around on their own...
don't see how it is important to UK national interests, since the Airwave network is due to be phased out . This is really just a legacy issue . The Germans are still placing big orders for Tetra radios so the public interest is bigger issue with them. It looks like countries in Europe are going to keep their networks for longer If Sepura folds, then Motorola will benefit, both in the UK and Germany
Some interesting suggestions. I agree that something is not typical at all here. Whatever it is, the Sepura board must be at least aware. But I don't believe they are deliberately trying to sabotage the deal, they simply cannot beckon such action from the public interest bodies in UK and Germany. It is more the timings of the reviews which is suspect rather than the fact that they are taking place. Either the Brits and Germans are acting antagonistically, or in concert with each other. Considering tensions with Brexit and competing interests, my guess is the former. If there was a genuine public interest basis of concern, they would not be using delaying tactics to try to sink the deal but on the contrary moving ahead sooner rather than later. If the company were so important to national interests, the UK government would not be setting it to sink by their own volition one way or the other. I think they were at first simply cautiously waiting for the outcome from the Germans, who now have been prompted to reciprocate. This is all speculative, next week may hopefully shed some more light
i think we need to make one step back and see the complete picture from the outside here to understand whats going on!... everything so far is out of the ordinary of a takeover... there must be something more to what we see... i have come to a conclusion that sepura didn't want to accept hytera.. but they were forced because of the financial situation if the company.. and now they try to find either a way to collapse the deal (but not to be blamed about) or find an other source of money,.....
At a time when Chinese company Huawei supply BT with £millions of telecom equipment and the Government is happy to involve Chinese companies in our nuclear industry you have to wonder what political shenanigans are going on. These last minute reviews make no sense, or perhaps they are trying to force Sepura under so that a European company can step in.
I would agree on other entries, if the deal continue to screw up.( IMO 9-8 ) I bro 1 k of shade because I didn't want be left out of takeover deal if does happen. It does drop to 6 p will be balls deep
There maybe better entries yet at 9.6p, 8.25p, 6.9p and 2.5p (IMO). 2.5p though looks unlikely unless the company gets into serious trouble. 14p resistance. See chart... https://s10.postimg.org/8anqisc55/SEPURA_ORD_GBP0.0005.png
Low price I will take my chances good luck everyone
I've decided to hold tight. I'm hoping the new leadership has got good enough negotiating skills to be able to take approvals home.
Me too. Biggest loss in 2 years of trading. Sirius did well today, though!
Sold today first thing doing my head in tried to sell at 14.50. Got. 12.94 good luck to every body still in
unfortunately deadline of May 4th only applies to CMA handing over their review to Business Sec. - when he will take a decision is not defined.
I don't think this is finished yet. All this buying suggests another rns coming soon.
TBH, in theory, any Country in which the Sepura group is selling anything into emergency networks/devices could trigger a national security/public interest review. So this is not unexpected, what is driving me crazy is the timing! They knew since months, why waking up this late.