I think there will be one final offer as whether it is 55p or 60p is matter of a few millions, which if PE firms really wanted to buy AA, won't care about. The real money PE would need to put in is the debt.
Someone is buying this company today or what?20 Aug 2020 13:16
L2 is going crazy....massive buys...surely PIs can't be buying all these 75m so far today + 50m shares yesterday...absolutely crazy stuff. That's like 25% of the total issue of shares. I am loving it btw...got in on Monday at 8p.
This will be a game changer for M&S when the partnership starts in a week's time. Half of M&S business is food...which should get a shot in the arm with the Ocado partnership!
I think Ted will be taken over sooner than later....too good a brand for cheap. Boohoo might make a move as soon as market improve IMO...who knows though...I dont worry about intraday moves, holding for back to 200p in a year or so.
The Austrian investment fund who just increased their holding from 15% to 19% certain agrees ths is going up up and away on Monday. SEE the RNS. This is a good opportunity to top up and hold for 80p soon. GL all.
After which don't expect JB to notify his interest and he might even stop selling 5mil shares daily and we will absolutely rocket to 20p IMO. Patience until end of Aug is required.
New CEO just recently loaded and he is not dumb. He knows there is a massive value in this business. Who knows, he might top up again and sends the sp in orbit. For me holding this is a no brainer if I am rewarded with 2 bagger in 3 weeks time!!
Pressure on sp on Friday indicated we are on our way to 200p and beyond. Shares are cheap as chips for a fashion brand with a great youth appeal and omni channel presence!!
after that no more JB non-sense...once he goes below 5% he is not obliged to report his holding. Expect sp to be 20p in 15 working days...remember CEO has just recently topped up, he believes in AMGO. GL all.