Member Info for JDF7

I'll start getting excited if it can clear and hold above £5....

This could be a slow-burn success, if you think the market will grow convinced of CML's strategy and potential. My own view is that it may become a takeover target in the medium-term. I continue to hold.

Odd that the sp still hasn't risen to 1335p

They would already have had AI in the mind before they made their multiple offers last year, so it wouldn't be a reason for a pull-out. The RNS on the PUSU extension was positive on how they were working on finalising details on a possible deal. Next Wednesday is the big date for a possible confirmed offer as well as BEZ results

The language in the RNS is positive around the work of the two teams on the deal. BEZ has always been a very professional outfit, so I'd not be expecting any surprises/skeletons to scupper things. But "nothing is final until it is final".

I'm definitely a frustrated investor but I'll continue to hold, not that I expect it to ever back to the £20+ level that it once reached.

I suspect we'll heard something before this week ends. And it certainly won't feel great if nothing is issued by Monday morning.

Let's see when the formal offer comes in, and all being well, how long it takes for the SP to rise towards 1310p

Dog of an investment trust...

I'm surprised by this agreed offer price and it seems Monty called it right. Yes, but let us see if a bigger entity comes in unexpectedly and blows it away with a much larger bid

Let us see if an alternative bidder comes in and whether they would make a bid of sufficient degree to effectively wrap it up in a first attempt. But at the moment, I think it is wise to keep expectations of a bid from any bidder relative modest ( sub-£14).

Monty, I don't see why the BoD would accept an offer of 1330p, which is only just over 1% more than the 1315p they reported as rejecting earlier

Surely CML is gonna get taken out by a much weighter player at some point?

Ripley, I misread your message. Zurich were clear yesterday that they are planning separately for a syndicate listing at Lloyds as early as April, in case the Beazley offer doesn't progress. Maybe their way on putting additional public pressure on BEZ management. I would imagine that there could be further number-crunching and calls over the weekend between the two sides but who knows?

Ripley, I haven't heard talk of another offer even though I imagine it is possible. Interesting statement by BEZ this morning rejecting Zurich's offer which is lower than their June 2025 offer. Let us see how the market and other potential bidders react. I am not as certain as some that a sale will happen.

It seems like the current offer is the fourth or fifth Zurich has put to Beazley. Let us see what the market thinks. I'm minded to sell if this moves to and through the current offer in coming days as I think it unlikely for a significant premium from the current offer to be landed. Definitely don't want to be left with regret if a formal offer doesn't materialise and the so collapses down to sub-£9

BBOX will be a clear target for US Private Equity entities at some point. And it's attractiveness will only be enhanced by it's push into the data-centre space.

Good little company that provided some solid returns. Put up for sale too quickly and cheaply?

If I was made of sterner/crazier stuff, I would buy a load more at this level. But I'm already very down with LIONand unable to let go of the heady days when LIO sp was £21+

Opportunity to add...