Member Info for dnalkr1k

Surely the increase in Berenberg's target price of 135p for TTG's shares is simply just that ... a recognition that this is probably the lowest price at which Volex have any real chance of succeeding with an offer for the company.

That's pretty much my thinking also. Any offer below 750p is likely to prove a waste of time and money, not to mention being ill-conceived, which would not be Murdoch's style at all. Even a failed bid at that sort of level would provide punters with the opportunity of a near 10% return net of expenses or thereabouts over the short term so probably worthwhile therefore.

Legs crossed too!

It appears to be taking Rentokil's top management forever to produce the benefits promised from its merger with Terminix, including all those supposed huge synergy savings.

The truth is that shareholders who by now had expected to see a share price well north of 600p are justifiably disappointed and are probably prepared to jump ship below those levels.

Probably the most disappointing deal over the past two years. It all smacks of a decent buying opportunity for someone with the vision to sort things out.

I'm amazed SGE have succeeded in remaining independent for so long ... having looked like a sitting duck when the SP ranged between 700p-1000p. Now they are back barely above that range, it wouldn't seem surprising if someone made a move. 1400p-1500p should do it, or around $17.50-$18.00 in dollar terms, after all the company already has a massive presence in the US.

I can only imagine that today's huge fall in the SP reflects the market's concern that sooner rather than later we are likely to see a very large discounted, i.e. sub-10p per share funds raise, which according to POQ's comments yesterday is likely to be in the form of a placement at the expense therefore of smaller long-suffering smaller shareholders. FOG then gets acquired on the cheap.

"A great week" might be pushing things a bit ... a great next couple of years might be more realistic. In the meantime, shareholders might well be asked to put their hands in their pockets to enable FOG to prove up the real value of what hopefully appear likely to be very substantial gas reserves.

Indeed, but even the very best trampolines have yet to master perpetual motion.

It's all gone rather quiet, suggesting there's not a great deal of real news about.

I simply had to turn off as I could no longer bear to hear both the Interviewer and interviewee repeatedly referring to the first letter of the company's name as "haitch" Try looking it up in a dictionary, it should correctly be pronounced AITCH.

I totally agree and very succinctly put.

If there were to be an offer for GLE in the next few months, which I rate as being a 25%-35% likelihood, I'd be looking for a mix of around 585p in cash and/or 645p worth in the offeror's shares. GLE's land bank trading activities is a particular attraction and must surely contain some degree of hidden value as planning consents are in the process of being obtained.

Since you are brave enough to go for the well to produce 6.5 - 7.0 mmcf/d/1000 metres, perhaps you'd like to have a stab at what effect you think such a flow rate might have on the share price, conservatively please at this early stage.

I remain concerned that a significant drag on the share price is likely to be the requirement for a significant re-financing exercise over the relatively short-term, i.e. later this year in all probability - either that or a dilution in Fog shareholders' interests in Beetaloo. I very much prefer the former which at least provides us with an opportunity to keep the faith should we so decide. From a personal perspective, my own decision would be very much driven by whether or not any such share issue is underwritten in whole or in part by Brian Sheffield.

Where are the interim results which were promised for "early December"... are we likely to see these before Christmas?
If not, why not?

The retirement of the long-standing family Chairman from 31 Dec this year and his succession by an existing non-exec director and former CEO, James Thomson, does rather tend to support this view both in terms of (a) getting a deal done and (b) at a fair price. Share price is up 20p this morning ... take-out price in Jan/Feb next year possibly around 520p - 550p, i.e. 30% - 35% higher than current share price, depending on cash/share composition of any offer.

Profit taking I would imagine. The shares have still enjoyed a good run over the past three weeks, up by 8.6% from 277p on 23 August to 301p currently.

So it would seem, but the unseemly delays have undoubted resulted in a very awkward and long-winded way of communicating what I assume, although still not unequivocally stated, is overall, fairly satisfactory news.
The company most certainly needs to up its PR act going forward like, for example, ensuring that its next interim results are announced within 3 months of the period end ... you know, like other listed companies generally succeed in doing!

Serious continuing growth
Current year p.e. <10
Low Gearing <10%
Rich Net Assets 550p per share = 85% of sp
Progressive dividend policy
Acquisitive - opting for modestly-priced, earnings-accretive deals
Long-term reliable track record

What more can investors reasonably want or expect?

Peel Hunt believes the would-be bidder has little chance of success at the indicative price of 295p per share. It seems more likely In-Cap will need to up this by around 15% to ~340p per share