Member Info for jedclampit

So many other takeovers going on now where many have come straightout and offered good money, RSA, CWD,
Why can't we just get a good price of 55p + offered and be done with it.
AA is a great business who wouldn't want it.

I think the city will dump these very soon back to 35p ish and take profit before pushing it back up in a few weeks.

Let's not get too carried away here remember there will be another 6bn shares added very soon and at 32p just where will the sp end up , 50p ish or what?

Are you sure your other name is not trump, because you just don't know when to give in do you .You have lostyour plan . Go

Must be close now, but as far as I can see there seems to be 2 sides here one side is there's a good price takeover at say 40p+ where we all hope to make a little money , and side b where many think there will be NO offer and AA raise their own money.
But what about plan c, where a takeover happen at say 30p and I guess the takeover offer would need say 75% of shareholders to agree,so if that happens and the takeover side offers to also pay down say £1bn of debt.
Now surely the takeover would still keep the name AA after all that's what they are buying and I guess keep AA as a listed company, so why not just keep our shares and wait a little longer to see the recovery in sp to say 80p over the next 6 months.

In June they raised £152m with 304m shares , now another £125m with 250m shares, so £277m raised with another 550m shares making what 2bn shares on issue plus giving 20% away to mercedes. Just where will this end, and just how soon will there be a big consolidation maybe by 20 or 40.
OK the sp will rise to maybe £6+ but we all know that any company that will be still short of cash the sp will fall back again to what maybe £3.50. that's the time to buy.

I thought You liked research and wanted to know what's going on, ENEO are majority owned by Actis as I said, they call the shots and could if they wanted to pay off some of eneo's bills to vog by putting more money.
You can say what you like about eneo being a seperate company etc but Actis could find a way in transfering more money into eneo if they wanted to but clearly don't want to and they'd rather see vog go bust.
And this is totally different from iether debs or thomas cook and you know it, or don't you.!!!

Actis is a global emerging markets investment firm focused on the private equity, energy, infrastructure, and real estate asset classes. It has a growing portfolio of investments across Asia, Africa, and Latin America and US$12 billion in assets under management. Since its inception in 2004, the firm has raised US$15 billion in capital, executing over 200 transactions in 40+ countries across all four asset classes.[2]
Applying developed market disciplines to emerging markets, an established team of c. 120 investment professionals, working across 16 offices globally, identify investment opportunities in private equity, energy and real estate. Actis is a signatory to the United Nations Principles for Responsible Investment (UNPRI), an investor initiative developed by the UNEP FI and the UN Global Compact. Actis targets consistent superior returns across asset classes over the long-term, bringing financial and social benefits to investors, consumers and communities.[3] It is focused on investments in emerging markets in Africa, China, India, Latin America, and South East Asia.[4]

Actis was formed in July 2004, as a spinout of CDC Group plc (formerly the Commonwealth Development Corporation), an organization established by the UK Government in 1948 to invest in developing economies in Africa, Asia, and the Caribbean. The Actis management team acquired majority ownership of CDC's emerging markets investment platform.
Head office London SE1 TOTAL ASSETS $7.6BN
So they could pay vog if they wanted to.

In 2014, Actis acquired a 56% stake in Cameroon’s national electricity integrated utility, Eneo. Eneo owns and operates over 900MW of generation capacity and distributes electricity to more than 900,000 customers.
I would say they own the majority of the company and control the company would't you, even though it's run as a seperate business unit.

Fully underwritten Capital Raising of approximately £90 million by way of Firm Placing and Placing and Open Offer of 66,684,215 New Ordinary Shares at 135 pence per share.
So they are placing 66+m against the current 36m already on issue. Surely that's a takeover in anyone's books.

and something doesn't add up in my books.
As part of this recapitalisation, funds advised by Alchemy Partners will invest up to approximately £90 million in the Company by way of a Firm Placing and Placing and Open Offer and by funding the repurchase of shares by the Company pursuant to a Tender Offer.If I am not wrong there is only 36m shares on issue after the consolidation last year or so, so not to invest £90m it sounds and looks like a complete takeover by Alchemy without any say from shareholders.

Still all this talk about ENEO and going to cameroon to get payment.
ENEO is i think owned by Actis a british company here in the uk although it also has offices and business in Cameroon, but Actis have the money to pay the bills if they want to it's the weakness of vog to get the money, and why many other companies have taken advantage of vog. the old and maybe the new management must be much stronger and get the rights and money, but will they ever?

I still don't get why this should bounce back when we have 2 brokers giving 59p & 65p as their price, if anything we still have a little more to drop to make it worth while buying in.
Who wants to buy in now to see their money go down?

No I think it means the £37m is after we / pfd have paid back any loans / debts we had outstanding, so it might have been £45m each approx and then £37m net for pfd after we paid back / off what we owed.

Sorry to here your loss but I am afraid there are people in here including myself that have lost 2 x 3 times what you have and see no sign of it ever coming back.
As it stands I still see them running out of money soon and so going bust or needing another cash raise at 1p ish and maybe even another consolidation. so many poor old shareholders have all been screw*** to line the pockets of so few.

Yes I thinbk we were all expecting more like £50m , but it's another rns from pfd that's is very short on info.
It would be nice to be told just how much hovis was bought for and how much interest / loans had to be paid out. but I guess £37m is a nice lump of free cash.

1 October 2020, 6,436,601,676 New Ordinary Shares will be admitted, Plus there was 5.6bn shares before that, or am I wrong.
iether way it doesn't add up yet.

So after the rights shares added last week should we now have a total of 12bn on issue?
I think LSE is a bit behind on it's numbers

You cannot compare BAE and RR, RR make aircraft engines and repair deals for said engines, BAE make arms etc and both markets are different. Travel and aircraft business is going to be down for at least 1-2 years with all airline companies in real trouble. RR should be sitting on millions of profits but have blown it all with bad management.
War etc and companies like BAE will always be going forward with counties building up stocks or using them now. BAE should compak much faster than RR and with a big consoildation coming very soon it might just be a good idea to sit it out for a while.

Even som brokers have this down to 59p-60p ish, so still needs to drop a lot more.