Easy to get a quote to sell so they are buying again which means orders to fill so price should rise.
12p
I have no idea where the price on the left is from but it's rubbish and way low.
Should at least make a new high. Rising from 13.75. Only a small dip.
A load of sellers just got taken to the cleaners.
Anyone got info on this share? It seems to have attracted some sudden interest today with a big buy after an upgrade yesterday but past volume seems very low.
By John Bowker LONDON, July 27 (Reuters) - Britain's National Express is seeking details on the takeover proposal from the consortium of CVC and the Cosmen family and the plans of potential bidder Stagecoach. The bus and train operator, which received an indicative proposal last week from 18.6 percent Spanish shareholder the Cosmens and private equity group CVC, said on Monday that the consortium's offer had a number of conditions attached to it, including the retention of two UK rail franchises, extensive due diligence and financing. National Express also said it wanted more detail from rival Stagecoach, following a statement that it was in talks with CVC/Cosmen about taking parts of National Express if a bid was successful, while also mulling its own approach. National Express shares closed up 1.2 percent at 350 pence a share, having earlier been up more than 4 percent as the market scented a deal. Stagecoach closed down 2 percent. Andrew Fitchie, an analyst at Collins Stewart, said Stagecoach was most likely interested in National Express' bus operations in North America and the United Kingdom. "It (Stagecoach) would have no interest at all in UK rail -- it has problems of its own there -- nor in Spain," he told Reuters. Fitchie valued the company last week at 465 pence a share, valuing the business at 535 million pounds. Cazenove's Edward Stanford said the company could be valued at anything between 400 pence and 530 pence. "We expect a bid for
0654 GMT [Dow Jones] UBS upgrades Galiform (GFRM.LN) to buy from neutral and increases the price target to 65p from 37p. Says there is substantial value to come through as its depots mature. Notes Galiform has over 150 depots that have not yet reached their full potential. Additionally, says the company will consider depot openings if trading remains stable through October. UBS forecasts five to be opened in November/December and a further 25 next year. Also, thinks comparatives will get significantly easier into 2H '09. Shares closed Thursday at 47.0p. (ANT)
Do you mean the lads at Panmure? LOL!
Has been raised to 39p by Panmure Gordon. I do love the way they raise their target prices after the share price rises! Can I become an analyst please.
I can get 23.6 for 50,000 shares despite L2 showing only 1 order of 10,000 at 23.5 I reckon there are rumours going around or speculation that more bidders will be doing their homework.
Ah, I see! Well, good luck with your shorts! I prefer to go long with the markets being so low at present. If everyone stopped being so bearish, we wouldn't be in this mess in the first place. Cheer up!!!
And how can you call a 25% increase 'soaring' when crappy old Lloyds is up 30% today!!!!!
Do you mean reality as in the share price shouldn't be rising? Just looking at all your negative posts. A target price drop to 80p on a share trading at 20p is hardly a bad thing!!!!
Anyone got info on the possibility of a takeover bid? I lost money on Minerva ages ago!