Member Info for Kendall12

Sky or Betaville - Bless

Those most reliable of sources - Blees

“Gamma also noted that discussions with other potential offerors continue.” The most used and meaningless bolierplate language associated with M&A activity - Bless

Absolute nonsense - worth north of £3.20 and thats why Fuller is trying to bag a bargain. Look at Fullers numbers for teh deal - its cheap on all fronts.

CFD trade - expensive if deal collapses as will gap down thru any stop loss. Must be confident about the deal happening or another bidder emerging from the dust, however unlikley that is.

The conspiracy theorists here might argue that Toscafund has no intention to follow thru on its indicative bid - it was merely a ploy to stabilize the share price at a higher price in order to secure a higher PE bid.

Thanks again for teh BellyLughs - try applying some commonsense and up the medication.

Gamma has not announced that any additional unnamed parties are still engaged, stop misleading and do some basic research before posting more drivel.

The offer will remain at £2.50 . All the major shareholders would have been sounded out as to what they would accept and £2.50 is the magic number.

Anything lower and the deal will collapse - Board will not recommend, major shareholders will not support and likely PE will re-emerge.

Quite honestly I hope the deal does collapse as £2.50 is daylight robbery.

Before making such sweeping statements perhaps you should actually do some research into retuns to shareholders since this company was floated.

Perhaps you should so some research into the widespread undervaluation and market mis-pricing of UK small and mid-cap companies on an indutsrial scale. Thats why our friends from over the pond are having a feeding frenzy currently. UK small/mid cap is up for sale and anyone interested knows this and does not need an invitation to the party.

As a long term holder - any bid would need to be well north of £12.50. Do some research and stop posting the same identical drivel on every company you choose to target for your pay masters.

Couerdelion - excactly. I should ignore the village idiot, out of meds. He posts under numerous nicknames, never has a position and always calls for a strategic review to sell the company.

He does not seem to grasp that creating a fire sale is the dumbest move possible to release unrecognised value.

Agreed - its a giveawy but it may come under scrutiny from major shareholders. Not a done deal just yet.

Spot on BDP, the reality is that ToscaFund is getting SPi at a absolute bargain basement price. The real estate is worth more than they are paying- they are not going to walk away from that.

Once done, Tosca and Mediclinic will carve it up - may well be that Mediclinic will buy shares from Tosca- once private they can do as they please.

Mulder - you are out of date - 195 stake was taken many years ago, not recently

Totally agree - the offer will not be reduced.

Not sure a decent buying opportunity unless you have a high risk appetite. Limited reward now whilst considerable risk remains howver low probability.

Whilst SPi has been very good to me, I have to say that £2.50 is a woeful price, I think management and the Board have been brow beaten into submission by the two major shareholders who wil seek to rcoup some or all of their losses by carving it up between themselves. Otherwise they will simply continue to block offers and the Board knows this.

Takoever speculators may have done very well but long term holders must be very dissapointed.

Nice job Dartron - more than I can say for Gamma ! Must admit was not expecting such a low offer to be recommended by the Board.

The Board cannot accept the offer, that can only be done by 75% of the owners of the company. Given that likely 50% of the owners are directly involved in structuring this deal I would agree that it appears to be a done deal.

Board's can only recommend an offer to the owners of the company and they can also decline an offer without notifying the owners.

So Providence has walked but Espiris remains - interesting

To gain positive and meaningfull SP action insitutional shareholders need to come on board. Given the woeful track record of this company and JM's clear wish to avoid this happening (in order that he can maintain uncontested and unscrutinised control) this appears highly unlikely at the moment, if ever.

What JG should be doing, and he should of been doing for some time is making company investor presentations in person to every institutional investor/ fund willing to listen to him. I do him an injustice he did once attend the JM promoted Master Investor Conference probably well over a decade ago now ! It is beyond pathetic and it is all too late.

Instead he does absolutely nothing, except utter a few carefully choosen but wholly meangingless, worthless words on how RP has undergone yet another transformational event. The market clearly does not believe a word he says.

In the meantime he devotes his time to taking care of JM's legal needs whilst he hides from his abject failure of his leadership of RP on all fronts.

Bignose - I don't know anything about Korea outside of the press reports, the accuracy of which I cannot verify.

However:

I always questioned why the company was moved to HK. This resulted in its largest insitutional shareholder, the activist and renowned pharma US HF Baker Brothers being forced to sell down its holding, as it had no mandate to hold to hold Chinese stocks. This cleared the way for complete control for JM without being answerable to a single shareholder with some clout at least.

In recent times JM's connection with the so called "Bad Boys of Brexit" and in particular Aaron Banks, a fellow director in the Isle of Man Conister Bank with strong personal connections into Russia is all a bit grubby.

"insanity is doing the same thing over and over again and expecting different results"

I am afraid that believing anything that emanates from JG is insane.

Why on earth is JG still in post? This goes beyond incompetence - pity there are no institutional shareholders to legally challenge the negligent management of RP. Its has been used as a plaything for JM's vanity projects with his pals, and with a complete disregard to RP shareholders.

No wonder they thought best to move Ple from AIMall those years ago to far away in HK. No other good reason has emerged.

Its a UT trade

BDP- I suspect that GlG, 2 Sigma are performing better than we might think.

These are machine learning trading algorithms that will take positions in hundreds of stocks and it wil be the overall portfolio return that performance is measured by.

They may even employ special situation algorithms specific to potential takeover situations - I don't know but it is no coincidence that the same names crop up in practically every live UK takoever situations. There is no human way of knowing whether a takeover will happen but machine learning algorithms can be programmed with all the relavant data to determine most likely outcome.

Medication is readily available for the runs.

I can understand your displeasure in me making a huge turn on Spire but please, others don't wish to hear or need to hear about it. Stick to the topic.