Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Agreed. Same happened to RR. On Friday and then speculation after markets closed. If an RNS is released early next week its obvious what's going on.
As for the 130p a share that's not even warrant a response. What are they expecting?
Don't forget it's a USA business putting in an offer so more likely it may come after markets in UK are closed.
Should start to see some more weekend write ups in the papers about developments which usually add interest.
Adding again it seems. 27.9% up from 27.6%
This is getting more amd more interesting. The only reason I can see them wanting to add is to reject any offer and make a counter offer themselves. The fact they are happy accumulating at this price still tells me these are way undervalued.
Next month we will be sitting many points higher than today. I'm certian
And one more just to show we have more messages now than RNSs' :)
Just sitting here waiting for the RNS to say an offer has been made for 3.50 GBP per share..... lol.
Due to the decline over recent years I think many 'investors' got bored and moved on. Having said that with what could be a bidding war between two parties and the SP lingering I'm suprised more have not jumped in at these levels. Was thinking we would reach 1.50 easy by now.
Those who own over 1% listed below. I will try and work out average prices if possible later but may be too bigger task...
Toscafund Asset Management LLP 27.01%
Schroder Investment Management Limited 12.5%
Raymond Kelvin 11.78%
Columbia Management Investment Advisers, LLC 9.49%
Legal & General Investment Management Limited 3.58%
Norges Bank Investment Management 2.9%
FMR LLC 2.8%
River and Mercantile Asset Management LLP 2.53%
Jupiter Fund Management Plc 1.81%
JPMorgan Chase & Co, Private Banking and Investment Banking Investments 1.7%
Goldman Sachs Group, Investment Banking and Securities Investments 1.4%
UBS Asset Management 1.39%
Artemis Investment Management LLP 1.3%
HSBC Global Asset Management (UK) Limited 1.25%
HBOS Investment Fund Managers Limited 1.09%
Barclays Bank PLC, Wealth and Investment Management Division 1.09%
The last one didn't but in other updates they are listed where there are other transactions. I have also been looking through previous holdings in companies RNSs as I'm interested to know where this goes.
The issue here is that all major holders were in at 1.15. So even if we feel 2 gbp is not best value the fund managers may want to take it and move on.
Keep a look out at all the form 8.3 updates as it will show holders and price paid.
It's a disclosure form for opening positions required for companies that are subject to takeover.
This is getting quite interesting and I'm very suprised has not moved more.
Next few days could be telling.
There was an article out over the weekend saying the BoD are relevantly inexperienced and may end up giving the company away for less than it's worth. I hope this doesn't happen.
I brought into Ted on the basis it's a well known trusted brand and one of the top luxury brands in the UK with plenty of room to grow world wide. I can see why an American company may want to take this over as the potential growth in the US if done in the proper way would make UK revenue look like peanuts. The branding is there, the infrastructure is all in place the returning client base (I include myself in this)
Anyway to put a little perspective on things here
The market cap is presently 210m GBP
According to wall street they have just over 15m gbp in debt
However they have
106m gbp in physical assets
100m gbp inventory
75m GBP in receivables
28m gbp in cash and short term investments
70m gbp in long term and other assets
We are not taking into account here the value of the brand and potential future business.
Any serious bid needs to be well over 2gbp IMO
*note havent looked at when wall street was last updated
TED isn't trying to be an upmarket brand. It is an upmarket brand.
Secondly if you don't understand the dynamics of what M&S are doing you won't understand. As I say watch this space, TED may not be part of it but they will be talking to one another.
Looking forward to next few weeks and general write ups over the weekend to read.
M&S won't buy TED.
They will partner with them as they are doing with other big brands. Watch this space.
Great response in the SP today.
Amazing to think this was over 200p not that long ago! Going to be a great growth story over the next few years and that's if it doesn't get brought out.
I'm a big TED fan, been buying their clothes for years and nothing changed. Still great quality product.
Through the worst of it now and standing on their own two feet whilst still making business improvements.
This year we have back to work and a massive increase in weddings which will help drive TED into a very good 2022.
Why make a point and moan about it when it's easier just to filter??
Putin could invade, reading between the lines it would be the best option to avoid a large scale war.
Europe are not standing down on Ukraine joining NATO. Crimea is recognised as Ukraine. The moment Ukraine join NATO Russia will be considered as attacking Ukraine thus NATO will instantly defend creating a mass war.
That's why Putin want assurances they will not join NATO.
By taking over Ukraine now will be quick and swift. But no war with NATO and only blocks put in place for trading etc. This will likely end quickly and quietly as Putin will threaten switching off gas supplies. Something which has already worked with Germany!!
Putin will not give up Crimea and won't want a mass war with NATO. What other options does he have ?
I really like what they are doing so far and think they are reaching the right audience. They are trying new ways to capture customers online too, check this out:
https://www.tedbaker.com/uk/Edited/Ted-live?cmpid=soco~facebook~WW~BAU_Ad_Hoc_Content~Ecomm_image_(model)~stylingdilemmaspollysayerlaunchreminder~030222~na~uk&utm_source=facebook&utm_medium=WW&utm_campaign=BAU_Ad_Hoc_Content&utm_content=Ecomm_image_(model)
Based on the relentless selling down trend in SP I think that's what the market is expecting. My worst performer now!!
Update looks pretty good. Cash nearly equivalent to the market cap. Not taking into account any assets.
My main concern was they were selling too cheaply but looks like they have increase revenue per sale too which helps the bottom line massively especially whilst they have less bookings.
I'm happy with that. This was always a gamble but may add while down here.
Hmmm.
Seems to me people don't even look at the equity the business. From last report it's about and 480m equity in the business less 50m debt.
The company is hugely geared to growth mode too. I don't kno why people keep saying it isn't. Very short term view many take here