Member Info for Lordy2020

Sorry to say but there will be no bid. There is simply too much weight behind the movement downwards. Once the no deal announcement comes it will plummet to below 17p. Then a short term buying opportunity may arise.

Unfortunately the shorts are here to stay. 17p soon and then the long wait until the refinancing deal is announced. If/when it doesn’t happen the AA will be broken up and the Insurance arm sold off. The rest of it will also be sold, but not at any sort of premium!

The investors are the losers, I’m sorry to say, but the debt pile is crippling and there is no easy solution.

Whilst the due diligence process can take several months to complete there must be some reason 'out' there that is having a negative impact on the share price. The fact that shorts are increasing again makes me nervous and suspicious that the 'behind the doors intel' is pointing towards a no offer, or offer being rejected, situation. Only my opinion, but I'm happy not to be holding this stock (having sold out again last week).

In discussion with a broker associate today the subject of the AA came up. Apparently there is an increasing consensus that the company are trying to look to re finance the debt by longer term borrowing rather than being brought out by a PE firm. He also expressed the view that if there was any offer made it would be in the 34-38p range. DYOR, this is only one persons opinion

Your gonna be screwed if there is no bid then! But I guess if you have over 125k to invest in one stock your probably loaded in anycase.

I agree 35p would not be acceptable and there will be a lot of institutional shareholders nursing losses, as well as many private investors. I sold out a couple of weeks ago but am considering buying back in now as I still think this is worth a punt for both short or long term gains

Mr Flibbles - 75p+ are you serious?!! More like 35p

Agreed, a feasible line of thought, however I would expect an in principle offer could be made, subject to final checks and balances being signed off by both sides (announced next week). Having been through takeover/merger situations myself, 8 weeks to cover off fairly extensive due diligence is ample time and the potential bidders will have a firmed up view at to their intention by now.

My suspicion is that the AA board will be desperately trying to put in place alternative options to raise capital, for debt reduction.

I predict equity raising through a rights offer or steady state whilst they continue discussions (assuming they’re are in place) re refinancing Via other means.

Apologies if I am missing something, but what are the indicators and/or information in the public domain that point to a 28 day extension?

Guys and girls - please dont take my comments seriously - Im just trying to inject a bit of satire

I used the old dart board method - 3 dart thrown at the board and then by using a secret mathematical formula to calculate!

BTW Warburg Pincus International are the chosen ones for the takeover!!!

OO OO its time to top up again, at these prices who can afford not to. Its such a good banker that the AA 's share price is so undervalued Oo Oo. I've come back in and brought 600,000 shares, i'm gonna be rich and tell everyone about it.

Get real ....... the AA are worth jack **** as, as seems the case, there is a huge debt mountain. If any bid comes it will be for no more than 4-p - nothing to get excited about if you brought in a year or two years ago!!

Decided to bail out this morning as I don't think the end result of the current negotiations is going to end well for us shareholders. This of course is only my opinion. I'm made a small profit from these shares and i'm sticking to the principle that - profit is profit. I just this there are better opportunities out there. Good luck to those who stay in till the end of the current process, I hope you are all rewarded. You deserve it, for staying on the rollacoster.

The MM's will more the price down, assisting their Institutional mates to buy more at a lower price! The price fluctuations are due to volatility, not in the wider market, but to do with the unknowns around any possible bids. Its quite possible that there will be no bids at all, but IMHO that would be unlikely.

The problem here is that retail investors such as ourselves can easily get spooked by price fluctuations, assuming the worse. Hold steady, unless you are satisfied with the profit you hold (then cash in), or if you don't want to cut your losses and bail out then stay in for the ride. Remember the fundamentals of this company are no different to a year ago, when the price was >60p. What has changed is that profits have increased, we are waiting a trading statement that should have some positive aspects and the results of whether a bid has actually been lodged. Good luck with, what are tricky decisions.

Who knows, but my estimate is between 57-65p

Wiseman posts some really interesting stuff, a very informed individual indeed. I thoroughly recommend having a look on ADVN

The latest RNS confirms that the shorters are starting to run for cover, this will really help start to move things upward. The H1 results, whilst not stellar will also help.

Indeed it would be nice, but sadly didnt happen. However, my view is that we will see 25p broken this week and a rise up to 30p by the time the results are released. Only an opinion of course, but surely this share is still seriously under-priced.

Looks like another of the price going south.

Agreed Trev - They seem to have a bias against AA!