Member Info for laguerre

Checking before 'sale' announced, RNS 35641 dated 16 June, is a notification by Tsinghua Unigroup Int Ltd, that on the 14 June it sold 680,282 shares taking its holding below 3%, to 2.88% or 8.199,426 shares. SP on that date was +/- 120, days vol was 3.5m shares. No subsequent declaration's by them noted, please add to earlier list.

The 27 m shares held by the eight other 8.3 declarers = +9%. Grand Total 64% of Company.

Whoops! Correction's, %'s held correct, number of shares held should read: M & G Investments . . . +21 million Black Rock . . . . . . . . . . +12 m Legal& General . . . . . . . .+7 m Remaining eight hold between 2 and 5 m each, for a total of +27 m. Other figures are correct.

I may be wrong, but I don't think bidders are made known beforehand, and as it's my opinion that an acceptable bid will NOT be found, as this 'Sale of the family silver' is a ploy*, to put the sh . . . . . . err, to 'disquiet' Apple in their ongoing dispute, unlikely even after sale 'negotiations' have concluded! Is it significant that Apple has dallied to declare their holding? NB All my completely unfounded opinion!

Current declared holdings of 13 companies ex 8.3 declaration's, total 55% of IMG. Five largest [fellow] investor's: Baillie Gifford & Co 14,68% . . . . . . . +41 million shares Standard Life Investments 9.04% . . +25 m M & G Investments 7.42% . . . . . . . . +7 m Black Rock 4.29% . . . . . . . . . . . . . . . +4 m Legal & General 2.7% . . . . . . . . . . . . +2 m The remaining nine hold between 1 and 2 m shares each. Notable absentee from the RNS 8.3 list is . . Apple!

Ex 'Morning Bulletin' 23 June 17 'Fears of a clampdown on China's swashbuckling corporate empire builders are mounting after authorities in Beijing began gathering financial intelligence on big-spending conglomerates. Banking regulators ordered lenders to report on companies that have spearheaded Chinese international expansion with hundreds of billions of pounds of debt-fuelled acquisitions in recent years, including in the UK. - Telegraph'

Basically the poster prompt purchase of unisplendour shares despite their poor record!l [which you can't because it's Chinese], then leaves off it's 'his opinion', adding a bogus heading - hence the 'Red Herring' allusion! I'd like to tell the 'poster' to 6U99ER off . . . but I won't, just ignore!

I must admit the possibility of a 'Takeover Offer' before the IMG/ Apple dispute was resolved had not occurred to me! Which, precisely because of that leads me to question whether this 'offer' is being taken seriously enough to be announced! A ploy to unsettle 'Apple's cart' who may think they hold the upper hand vis a vis an adversary who was 'merely' a supplier [so of little consequence!]. I'm minded of a struggling company's recent strategy - to 'consider', then refuse a takeover offer albeit above it's current market price 'because it didn't represent true value' - giving it more leverage in other discussions! NB Red herring 'Unisplendour', has NOTHING what ever to do with IMG. ALL IMHO

larryh, 'we' as in 'IMG' are far from being beggar's IMG was a £5 company in the past, and 3 ish more 'recently', so I stand by the 'valuation', what is deterring the market from realizing true value is Apple's tentacle holding IMG at 'arms' length! Once that's settled, and I can't see any 'appeasement' offers either way repairing the situation, Apple shouldn't have been so ready to 'burn the 'relationship' bridge'. I still opine that Trump's views prompted Apples initial irreparable decision! The disentanglement advantage will open up the world either for a realistic offer from a potential buyer, or for IMG to properly develop, so nothing short term until 'Apple' are a faint memory - in the prevailing circumstances the market fears getting it's collective fingers burned! The tie with Apple channeled, and IMHO significantly slowed IMG wider development and has proved in the 'short term' a bad choice - 'eggs in one basket theory'! Yes, of course all IMHO.

Wishful thinking if this just your 'IMHO tipping'- it'll need to be £4 a share if anyone is even thinking about it . . . .IMHO!!. Hope that doesn't shatter anyone's crystal what nots!

YL - are we saying goodbye now or are you staying in for the ride?

Trades 17 Volume Sold 3,369k . . . Bought 4,410k am I missing something? But if news, how can any be viewed so differently? Resignations perhaps . .

Trades 17 Volume Sold 3,369k . . . Bought 4,410k am I missing something? But if news, how can any be viewed so differently? Resignations perhaps . .

Welcome YL ; The final score today was 1,277k sold against 567k bt. . . . . not displaying much confidence , the 'usual Pro v Con chatter' here. A bit of positivity will go down well! Good luck!

Apple buying IMG! What against the US Presidents repeated and vigorously expressed wishes concerning 'all' things not American, think again it'll never happen in his presidency . . IMO and Trumps! His 'vision' may even persuade Apple to start sacking, sorry, 'ending the contracts' of their poached IMG staff, and Apple without 'core staff' and the 'world' is open for the Chinese et al. . Actually from a general point of view it is rather worrying, 'Americanisation' was part of Trumps presidential platform, with popular support he gained office against all predictions, and now in office maintains it. If he continues and really gets his way, it could be an end to imports and a possible trade war, immigration restraints could have a retaliatory effect, and might for example make US venues for summer and winter Olympic Games impossible . . . . perhaps he admires North Korea and Cuba, don't recall the USA ever having a dictator before, his forebears hail from Germany don't they, not Austria? . . . its a 4 year term, but with a supportive public . . . .

An interesting read CB . . . . surprising that the market reacted in such a way given so many signals, are IMG 'bound hand and foot 'by contractual restrictions to Apple? Hopefully IMG will/ are waking to find a new horizon . . . 'The World is not Enough' . . . . but will do fttb'

Well someone [- else] has confidence . . . Wednesday 22/ 3, bt at 816 am 298,885 shares @ .90. Cost £2690. What does HE know or hope for, that last nights seller at 1623 pm of 1m shares @ .90 didn't, or vice verse, or is it Henderson still emptying his pockets?

Anyone know or understand why there are lengthy periods - eg today 1430 to 1624 - when NO trading apparently took place? This has been repeated here recently though at different times of the day, but I can't recollect seeing such gaps before, or on other boards? If LSE read this, will you please explain? If deals were done and not listed, get a new supplier . . . . . . ? Has anyone experienced dealing or been unsuccessful today in this time frame? Promising w/e close, and Buys exceeding Sales, even tho' a small turnover! Fingers crossed for Monday.

288 was the close of business price Tues, and the Uncrossing Trade price. 3 more trades also at 288 were done post closing, but 3 later buys were priced 293 - 294 - indicative of Wednesday's opening? BTW LC analyst's who seem to be alone with their 'eye on this ball', gave regular BUY opinion from late 2016 - several times a month since Nov 16, with the same target, yet didn't increase it post news!? Careful handling perhaps.

14 Mar 17 Liberum Capital analysts have an IMG target price of 325, 'FWIW'. The news seems to have spread late on and sales began to catch up . . .wonder if the mid morning buy ( @296) worth circa £3/4m but posted after 'close of biz' is included. . . see what tomorrow brings!