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Check out PETS and VTU as recovery shares. They are both profitable companies that pay out dividends and are almost at 52 week lows
that appears to be the case uddinkas. does anyone have any tips for what to buy with the proceeds ? a new car perhaps ?
If the effective date is 24th May then does that mean we get paid on 7th or 8th June after 14 days wait?
I was kicking my self on Monday after selling at 15.83 from 10.53 and buying Nanoco but after today's rise of 9.66% on NanoI feel a lot better.well done to All those that held.
For those Hytera have got a steal just cast your minds back to the initial bid period where we were all speculating about a Motorola or other counter bid, which didn't happen. You must assume that other interested parties went over the company with a fine tooth comb and still stayed away. Only time will tell if they pitched at the right price or not.
ndmLSE - From the 16th December announcement: "The attention of Sepura Shareholders is drawn to the fact that the Acquisition is also conditional on other Conditions and certain further terms set out in Appendix I and to the full terms and conditions which will be set out in the Scheme Document. Sepura Shareholders should take note of the Regulatory Clearances set out in the Conditions in Appendix I, which include the PRC Regulatory Clearances. Sepura acknowledges the very high level of importance and the materiality of the PRC Regulatory Clearances to Hytera, Bidco and the Acquisition." As I said, a minor concern but PRC have not yet formally cleared it although I'm sure they will.
I'm confused by where further risks shall be. The RNS speaks pretty clear: "Following further discussions with the German authorities, the parties have concluded that the notification from the Federal Ministry of Economic Affairs and Energy announced 5 May 2017 will not have implications for the timing of completion of the Acquisition" "and that, following the decision of the UK government not to refer the Acquisition to a second phase review by the UK's Competition and Markets Authority announced 12 May 2017, the parties intend to move forward with the completion of the Acquisition in accordance with the timetable below: Cancellation of trading in Sepura Shares 8.00 a.m. on 25 May 2017 Latest date for dispatch of cheques/settlement through CREST 14 days after the Effective Date" So, where would the further risks come from?
20p is a ridiculous price. Hytera have done a great bit of business there.
Smell of sweet & sour in the air. Sour as in potential lost jobs for UK employees. Sweet as an absolute steal for Hytera to take over decades of research & development and plug it in to their own cheaper version which will probably break after using a strong hand. 20p is a Chinese takeaway too far IMO. 😑
Thanks for the detailed reply :) i am left thinking this is going to go through OK - I'm only a small amount up so would quite like to wait for 20p to atleast get something back from this rough journey!
I can only speak for myself. I sold 1/3 of my holding this morning at just under 19p but kept the rest hoping to get over 19p. I am a bit surprised we're still trading below 19p but I wonder if that's down to the recent history of surprises and some disbelief that it could all finish so quickly in the end. A few bigger trades coming through this afternoon so perhaps that's a sign that the arbitrage institutions are getting involved again on the buy side. Have to wait for tomorrow's 8.3's to see. The one risk I do still see is some sort of challenge from the Germans, although personally I put this as a relatively low risk. I notice this morning's rns talks about "the parties have concluded" without defining, as far as I can see, who "the parties" are. i.e. if "the parties" include the German authorities then I would be more relaxed than if "the parties" are only Sepura and Hytera. I suspect "the parties" does include only Sepura and Hytera because of the subsequent statement that "the parties intend to move forward with the completion...". So is there a possibility that Sepura and Hytera are calling the Germans' bluff and trying to close without having formal confirmation that the Germans don't want to run a public interest review? If so, could the Germans try to get an injunction to prevent the deal closing? Low risk I think, which is why I'm still holding most of my shares in the hope of 19p plus in the coming days. As always on SEPU in particular, do your own research.
All depends on your entry level and risk/reward profile. If you got into these anytime below these levels and are sitting on at least a 10% profit, then I would sell now but it's a personal decision. There are still uncertainties, albeit minor ones now and, as we always used to say on the Dealing Desks in the old days, "It's NEVER wrong to lock in a profit". GLA
Forgive my ignorance, I have these through IG, what will happen when the takeover takes place?
Is there a general plan of what people are doing here i.e. holding out for 20p or selling now incase of further "issues" in the next few weeks?
Admamza yes i have and adding to my other two shares GOOD LUCK HERE
Still down on this one with avg 26 but very happy to see the recovery after such a long time! Kicking myself for not piling in last week now to avg down, but also glad i didn't just cut my losses and sell last week ;)
Have you now sold up grandad54?
Well done to all... We finally made it... I actually only made a little bit of profit here in the end but there was some nice money to be made only a week or so ago when they dropped to 9p, however like most of us here i had enough of this share to pile in on such a great price. Oh well... CONGRATULATIONS EVERYONE
Nice to know you all in here but it's time to move on Good luck to all and ATVB grandad54
Congratulations to all who made it this far! I originally sold on the first 20p announcement (back when 70-90p was a minimum for takeover offers on this board) and watched the horrible ride after that, hope all managed to hold on to their guns and saw it through! As a side note, you should take a look at VAST and have a read of the last year worth of RNS's, I'm not saying whether to buy or not, but this is obviously a nudge to go and take a look and decide for yourselves :)
When the bid just went up to 18.88p, the risk/reward threshold was reached for me so I'm out now. Good luck to all investors and see no reason why you won't get the full 20p but many a slip 'twixt cup and lip! GLA
How do i check if share are registered under my name if bought through broker/share dealing site?
Night shift over kids dropped off at school, so now a nice glass of wine to celebrate. GLA in future ventures. Back to steady funds for me :-)
Thanks James, jokes will not stop, will find me around the BB's I'm ready for my next scalp, this will be 19p soon so still money to make, but like I say itchy fingers and next share to invest in. let that lady sing Brants
Congrats,delighted for you will miss the jokes.I am staying to end. GLA.