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Merger will be announced tomorrow i believe, word on the street is that it all goes through tomorrow morning!
I believe confirmation is imminent. Long term hold for capital growth and income in my portfolio.
i love this share and enjoy watching it rise everyday. let it continue!
Thanks for that update. I think a merger is unlikely due to the recent acquisiton of Brixton, which should have cemented funds and made Segro the biggest company in it's fields, but who knows. Expect further rises as property market stabilises and people try to get property close to the Olympics coming up to 2012.
Sorry about that I tried to write it whilst eating an apple, however there is no merger but positive news in the eurozone ie recession over in France and Germany where Segro have lots of commecial letted buildings, good divi expected
No possative news in the eurozone ressession over in France and Ggermany wher Segro have lots of commecial letted buildings, good divi expected
My gut feeling there is why else would this be on the fly?
hello, not saying i dont agree, but do you have anything to back it up?!
Thanks for that, I am new to trading so all information is useful to me. This is one of two of my stocks that are in profit, but I am not going to sell yet, as I think that when the property market recovers this will see a massive rise.
hello again, another summary of end of trade today- 1.3m sold in one transaction was the biggest amongst quite a large volume, but sp did not go down. does anyone know why the spread is so large?
hello all, has anyone looked at the massive amount of trading on this share (reported on lse) at the end of trade?? Over £1.5m bought, with one buy of 800k and another of 500k But it barely affected the sp...perhaps mmm's controlling the price? I'm hopeful oga big rise early on tomorrow...
puddyd- Hoodless Brennan are showing at as 276p, where is my extra 2p?! royjohn- I agree, and am very happy to have taken up my entitlement. This share has been steadily rising for the last week, beating the trend of current RIs and consoladtion, and I think is a good long-term investment. GL all
The shares are being diluted from 10:1, my Share Centre account shows the diluted price to be 278p per share.
What was on OO- consolidation. what ratio?
sorry mate, I was'nt asnswering anyones question, I was making a statement from a letter sent to me by my broaker, and the sp may well go up, I was pointing out to others what had transpired with other consolidated stock, after rampers got pi's investing in stock they did not know. Why do you state categorically that this will rise?
Problem sorted, error that their Live Assistant fixed in a couple of minutes
Does anybody know why SGRO is currently listed as "6010" under company name in my iii account? The account is also saying that "The market of quotation is closed" - everything seems fine with Segro, I think it's some problem with my account...!?
I know what you mean about recent consolidations, i hold shares in MEC and am very happy that I didn't take up the RI there but with this one I just have a gut feeling it will come good in the mid-long term (unlike MEC which I think is doomed).
hello all, hope you're all enjoying the segro ride! was wondering if anyone could help? I took my offer of 10 new shares but now appear to have an option to take another 20...does anyone know if this is the case or am i reading it wrong?
actual date is no latter than the 22 July, they are offering the new consolidated open offer shares at £2.10 trouble is all other consolidations recently have lost ground after consolidation and therefore I wont be taking up the offer, but hey what do I know, just read TAN and MEC.
On 14 nice rise of 5.10% today only o.97%. Can't see coming out of red. Come on SGRO. I can't afford to wait too long. So going for OO is difficult at the moment. Fingers crossed. Can anyone please tell me what is the last date for selling these shares? I mean before consolidated price starts trading. Thanks.
sgro is going to consolidate the share ? or they are going to make an open offer 20 for 1? what is going to happen ? will anyone help me please ? can i short on this ?
I agree with you and to be frank I expect it the sp to drop quite wildly when the dust settles after the consolidation, but I'm willing to take the risk with this one, I think it will fly. And someone buying just under £1.1m in shares has helped my confidence!