Member Info for liam1om

Would be quite a shock if there wasnt a second offer. Only point is, we will actually here about? The first offer was a decent premium, but I'd expect another 10% on top. Second offer at 350?

Risk is the bid gets rejected due to competition concerns.

I'm still hoping we get a higher offer.

A few large trades today, over 2 million shares. So far, the highest volume since the RNS back in March.

Happens on nearly every company, always has and probably always will.

Need some actually buyers. I make that 52 trades so far today and only 3 have been active buys.

Not being rude, but have you used a PC before? You post the RNS over an hour and a half after it was released, when everyone can just click the news icon above. Then you say you can't buy, when I can buy 250,000 no problem.

Maybe this isnt for you. Take care.

Needs some volume here to get moving. At the moment its completely dried up.

He only made a couple of grand profit too, what was the point?

Not sure its a good thing announce right before results are due next week...

It makes sense to buy as many as possible before the US deal is announced.

Any idea when the buy backs will start. Is there a timeline? From a company perspective, it would be better to kick it off BEFORE the US sale.

Market has a low expectation this will go through.

Mondi Plc has increased its preliminary takeover offer for rival DS Smith Plc as it seeks to create one of the world’s largest packaging companies, people with knowledge of the matter said.

Mondi improved its indicative all-stock proposal several days ago, the people said, asking not to be identified because the information is private. DS Smith still sees that bid as inadequate, the people said.

London-listed DS Smith, which has a market value of about £4.5 billion ($5.7 billion), announced last month it had received an expression of interest from Mondi. Under UK takeover rules, Mondi has until March 7 to announce a firm bid or decide it’s walking away.

Deliberations are ongoing, and there’s no certainty they will result in a transaction. Representatives for Mondi and DS Smith declined to comment.

Packaging companies have been pursuing consolidation as they grapple with the slowdown in demand from online shoppers. A deal would create a leading European containerboard and box producer, worth more than £10 billion based on current market values.

I think the opposite. That could be their mid case or worst case. If you set aside a sum, you usually set aside enough to cover the worst case scenario.

CBG have already mentioned that they will give a special dividend if the amount is less than expected. It seems to me, they have a hunch it could be less than expected.

Anyway, its all speculation until September.

Buy whilst there is a blood on the floor.... I understand your point Henners007, but if you wait until all is made clear you could be buying at double the current price. It's down around 65% since the FCA investigation was confirmed, for me the risk now is to the upside and I've been nibbling in. No divi this year, big deal, there will be one next year and there is also a chance of a special divi should the fine not be as large as they are currently expecting.

Again, not exactly new news that its uncertain how much will need to be paid. The divi cut was expected also and is prudent. I've bought some down here. Good luck all.

You think a £2000 or a £5000 buy from someone who is on a £350,000 salary shows confidence? I think it shows the exact opposite.

I literally sold out this morning on those weak purchases, plus the fiasco with the placing. Good luck everyone holding.

Capital markets day. Presentation didnt go down too well with them projecting sales to increase by mid single figures only.

Yes, they have bought in sub 20p. They are up over 100%, when was the last time you saw a company, with the risk of administration being sold for 200% above the recent low?

Don't get sucked in, I have no position, but I can't stand rampers pulling punters in only to lose their shirt.

Are you serious? Superdry is a dead brand, with serious debt issues. Unless they raise funds imminently they are finished. This will either be taken private at a far lower price than today OR an enormous fund raise is on the cards.

Don't ramp others into this if you don't know what you are talking about.