Member Info for Badgernator

hope you’re right. i added today. with the sp on its **** i’m hoping even average results will be looked upon favorably. cruise has to be bouyant:) surely.

You never know regarding sp however, they’re as good as could be hoped for.

If we sell the shallows do we also lose the oil trading license?

I’ve started adding. I believe either the management plan delivers or they get replaced via a takeover. They must know they’re on borrowed time.

What are you looking at?

My mum did the reverse! I had advised her to buy Smiths group after they sold their medical division. I only found out years later she had bought ds Smith.

For me it was because I don’t see any more bids coming in and nearly 4 in hand is worth 415 in the bush. I don’t want IP shares. My average was 320 so it was a nice profit. I would have preferred to keep my smith shares long term but it is what it is. Funnily enough I’ve put some of the money into Smin a boring industrial conglomerate that I think will be broken up at some point

Just goes to show how insignificant retail investors are. I too sold for 396. Did anyone buy since the IP bid?

They want to keep the deeps. Why??? Shows faith that they can flow and belief they will

What would they take for all of it?? If they’ve discussed the shallows, they would have discussed the whole shebang.

Mr p how was the the webinar? I’m thinking about adding here.

I agree I can’t see Mondi being in a position to offer more. 415 is the number I have been talking about from the start. I’m going to sell half my stake and bank the profits, whilst letting the rest ride. There are still good synergies so it should strengthen both companies.

Sky reporting international paper is looking to put in a counter offer!

What are the shallows worth?

I’d say you pretty much covered it.

However I don’t think the Mondi share price will fall if they are successful with their current bid. If you agree they’re getting a bargain it should help their share price long term. It does seem that Smds has agreed this bid so I can’t see why it would fall through but it is always a risk. I’m staying because I see a,b and c being the most likely outcomes. Looking at how the smiths sp has reacted I think a is the most likely but they all represent an increase in the current sp.

I won’t be selling for 2 reasons, it is a low ball offer, which means mondi is getting a bargain so it should benefit the mondi share price long term especially if they can get good cost savings which should be easy. Secondly in think the 373 has been put out there for others to beat if they want to. It looks like a deal is going ahead and it will be for 373 or above( obviously depending on what happens to Mondi sp but at this price I don’t think many would say they are overpaying.)

Well they all know the price to beat now. This opportunity won’t come around again.

Hopefully the bid will bring out some American money.

We will see tomorrow what the market thinks. I don’t think it’s enough.

Silver knocking on 25 and Fres can’t get to £5. Really out of favour.