Member Info for Discus1

Well Dowgate did raise several million a few weeks ago….

Indeed - we need Sky to get their investigators out again😉

Bounced back hard!

Simon Thompson - small caps - Rated on 2026 price/earnings ratio of 29 and 22 times 2026 operating profit to enterprise valuation - could well double in value from here on takeover competition…..these things take time… a leak could happen anytime and it will be too late to get on board. Lots of big buys around 590 today….GLA

Bought a few more first thing - notice the early buys aren’t showing ! Will sit and wait for news - GLA

Nice £310k buy at 206

We know the property is valued around £1.5 Billion plus EBITDA of £265 M - take out valuations are often around 10x - but even on a conservative 6 x gives you 1.6 B on EBITDA alone. It gives loads of headroom for PE to make a good return. PE continue to have balance sheets full of cash. This is their bread and butter deal. Asset backed what’s not to like. Hence why In this scenario Panmure Liberum previously estimated that the shares could be worth 325p to 450p. Interestingly too, some PE firms might use their own infrastructure funds to buy SPI's assets at market value (ie £1.5bn) therefore allowing them to pay a slightly higher price, as they'll be able to charge fees on those monies placed - ie on top of their standard M&A fees. GLA

Good news for Saturday😁GLA

For example -

In 2020, DHSC considered several options for delivering 48 hospitals. It estimated that it needed between £19.8 billion and £29.7 billion for the full 10 years.

Ie between £410M and £618M for each hospital.

Https://www.ainvest.com/news/spire-healthcare-takeover-deadline-smart-money-watching-2601/

Apologies if already posted - but valid especially after Richard Griffiths has also joined the party….

Bought a few today after reviewing the business. I notice StoneX share price has appreciated around 100% since the initial takeover approach whilst CAB has retraced - a good time to revisit after CABs business growth I wonder ? GLA

Well any due diligence does take a while….

Good to see the couple of big buys towards the end of play today….someones confident😉

14th from memory

I believe all the big buys in the last 2 days have been buys- the accumulation most likely in the background to meet orders hence paying premium for small trades…looking forward to the next trading update - news on the review ? will they throw us a bone to chew on……

Sometimes luck of the draw which market maker you fall on, depending on size of deal especially on low liquidity stocks - always recommend a trial transactions and compare to recent deals before transaction - hope the diferance is immaterial in the long run🤞

Good to see the Buyers are back…….

Is this why they waited for the review until now I wonder?

And decent buys keep flooding in at this level - can’t buy any volume this am but could sell the lot…..is someone accumalating before the new year update? GLA

After watching for far too long - dipped my toe in………now that’s done it! GLA