Fletcher King Share Price (FLK)

Thanks Sain, I still think either

A. There will be a takeover offer very soon within 2 weeks of divi payout on 17 July.

B. If no offer from main holder with 29% + , then I see another special dividend maybe just 10p to payout another1 million in cash. Why leave 1.5 million in cash for free to the buyer?

I see a buyer offer in October at 55p.

A well run and profitable company, very much in demand as a platform for many companies!!

DYOR and GLA

Good luck with your purchase

I think it is unlikley to be a further special dividend equating to £1.5m

That would leave them with hardly any cash in the bank in a business where cash flow is uneven and a hefty monthly payroll to service

Property investment transactions tend to be chunky with individual fees of £30k+

I took an early bath at c 69p on just over 25 % of my holding and happy to stay in on the ride for the rest &hope that EB and DF negotiate a good price

with a would be suitor

I feel another special dividend to give cash back of around 1.5 million. Then a takeover in September at 55p to the new big investor/ takeover company?

Bought another 10,000 shares at42p at1040 this morning and showing as a sell, same on Friday last week, they are trying to keep price down at under 45p for the new buyer of the company to get to 30%.

You have to be 'on the record' at close of play today and you can't be if you buy today because the trade won't legally settle in time so no, you won't get the dividend if you buy today, as has been said.

That must be wrong, because unless you bought yesterday, you will NOT get the 20p divi. However good time to buy today, as I think there will be another 10 or15p special divi voted for for September to release another 1.5 million in cash, before FLK is taken over by the mysterious big buyer to get to 29%.