Would be funny if Citi had been in cahoots with Fosun to drop the price so they could get a cheaper bid in, only for the likes of Triton to come in and beat them to it. Imagaine they'd be livid.
Yes the madness of people sometimes is hard to understand. I find the same is true with any internet based company. Supposedly the future and yet for the majority still bleeding money and need constant new investment. God forbid they post hundreds of millions of pounds of profit every year like RMG, would probably have PE's in the thousands then. Baffling.
It's insane isn't it? I just cant get over the returns to come (and that's not including potential for special divis if they achieve their targets). Never known markets like it to undervalue good UK companies. RMG certainly isn't alone at the moment in its undervaluation, you could make a case for a load of the ftse 250 shares!
Bought some more this morning. Still can't resist that any investment will get 32p a share in divis over the next 14 months, 1.3% a month return. Crazy
if you buy in before this years ex divi you get 17p, plus 15p over next 12 months, so you get an equivalent of 15.2% return over the next year!. Madness to be trading this low, utter madness.
Yes blessing in disguise maybe. I've never booked with thomas cook, but even I'm having a look at their site to see what offers they've got on at the moment.
If I had a pound everytime I'd heard Deb or Flybe mentioned on here I'd have enough to buy myself a pacific island paradise to retire to. Give it a rest people, we know some companies have gone bust in the past, none of us invest with blinkers on.
I'd take that as a blessing if I were you Egg. Likely means there's no shares available for them to back up any new short positions, i.e. Too many bids, and their short exposure is too high, so unwilling to take on more.