Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Surprised at the low share price and the many sells. Is this a case of history repeating itself when in 2019 Lombard continually sold millions of shares into the buying spree only to find failed results in December. Let’s face it Lombard hold in the region of 20% of the company with the rights to warrants at 40p if my memory is correct. They obviously have the ear of management unlike us small pi’s. Do watch for any RNS showing Lombard selling down. Don’t get suckered into buying more if it is them that are selling, many of us bought at inflated prices previously whilst they have been funding at the low price and selling stock way above what they paid for these.
Quite frankly, what’s the worry about the price when it drops. Sit on it take the dividends, every dog has its day, it will advance again. Let’s face it this is the future!
Here we go!
Decided to buy in on the thought process we are in for a prolonged period of unstable markets. So many issues out there. I personally believe the markets are getting above themselves. Very happy with £1.26 share price but there seems little confidence around in TRIG at present but I’m sure this will change. In for the long term!
Best result in a share purchase I’ve ever made! Gutted it’s over but made up for some real dog buys over last 3 years with a very tasty profit on top. Purchase price is crucial when buying in and pleased to say I got it all correct here. Good luck to you all boys , all my shares are in my Sipp & ISA so will hold until March hopefully when Caesars have said they hope to conclude the buyout.
https://uk.finance.yahoo.com/news/biggest-william-hill-investor-backs-105913651.html
Bad News!
Novice, I’ll 2nd that , an informative and polite board. Makes a difference. Good luck all and let’s hope the vote goes our way.
Would have thought this would have had more impact on the share price than it did. Southend has so much potential going forward. Management need to be sure of the right strategy , can’t afford any more carnage.
Complete and utter insult, where do they come from?I So hope COmmomSense is wrong and it’s not a Done (excuse the Pun) deal.
Thanks Morbox, that’s wound me up for the weekend, surely upon surely this deal cannot be given the green light!
So you are saying that the major shareholders have sold a majority of their shares already, and who has hoovered all these shares up if that is the case? Caesars? Why has there not been any RNS’s in that case informing us?
So if this deal gets voted through the price will drop to £2.60 mark then slowly rise to £2,72 when we receive payment. Come on are the funds going to tie up their monies for 8 months or take a reduced share price? NO. This company has risen in value in my eyes even since the offer was made. We all know how hard it is to get it right and make good calls choosing the right shares, same goes for funds. They’ve even been paying above the offer price. Everything in my eyes tells me this will not be approved. Hope I’m right!
Have to disagree, like Caesars have plotted in order to get Hills at an undervalued price for their shareholders , the funds invested here have a duty to serve their shareholders. Don’t tell me that conversations are not taking place between these funds and the board. I’ve said it before they will not vote for a deal which undervalues their investment and rightfully so. If you look at the American football results many of the underdogs are winning, under this agreement all profits made now will benefit Caesars. I will be gobsmacked if this deal goes through.
We are now banking on the funds rejecting the offer and I believe they will. We know a number of them have bought in above the offer price, if a deal is not going to be arranged with the Done brothers for non US assets they will want their full price also. The industry as a whole , especially in the US is being raised in value even since the offer was made. I for sure am holding all the way with my vote already cast. I would say it’s odds on for rejection , Caesars are desperate for this to go through for obvious reasons and I’m sure will definitely raise their offer , funds will be aware of this, they will not be mugged!
Rest assured , I believe hedge funds have been building over the previous few weeks to a point where Caesars will fail to reach the 75% requirement. They will be forced to make a higher offer.
Quite simply funds have far too much invested in Hills to allow it to be sold on the cheap.
I think you will find that certain funds are also and have also been buying to assure Caesars aren’t allowed to get Hills on the ridiculously cheap. Far too many shares have been bought over the last few weeks.
This makes the valuation of £2.72 even more ridiculous unless of course you are Caesars. As it stands they will buy the whole company then be left with a bidding war from prospective parties for the non US assets. Funds will definitely be voting this down now looking for more money.
https://uk.finance.yahoo.com/news/apollo-switches-interest-william-hill-191229427.html
Hargreaves have sent emails via your messages.
Hope we’ve called this right guys, can’t see Apollo offering now, I personally think the offer will be rejected. As Morbox states if they don’t wish to put in more money a JV will do me just fine.
Whoever, unless the purchase is tied in with Caesars in some way, why would you purchase at an inflated price?