Member Info for MaryBr190

Expect Ageas to go hostile with a KO.

"Ageas will need to revise its offer with a higher price or larger cash component or both to convince the board and shareholders.”

As posted earlier

230p equiv

£1 + 130p ( Euro 38/1.17/25.024047)

38 is Ageas SP

1.17 gbp euro exch rate

25.02 etc rns conversion

Ty, HL had mcap at 2.04bn @ 204p which is obv not live. Ty, Krayz.

Average cost --- simple really

Buy 2000 @ 158p

Sell 1000 @ 195p

Average below 128p (121p)

Agree with the 233p value but not sure where the 3.1bn value is from as current mcap is

2bn at 204 so does this implies £3.00 - anyone care to reconcile?

[Ageas said the terms of the proposed cash and shares offer had an implied value of 233p per Direct Line share, representing a premium of 43% to 163.35 pence, closing price on Tuesday.

The terms of the proposed bid are 100p in cash for each Direct Line share, and one new Ageas share for every 25.24047 Direct Line shares.

Ageas said this would value Direct Line at around GBP3.10 billion.]

Not a recommendation dean to

As I trimmed at 192 and 199 but I picked those up at 157/59 yesterday so it allowed me to consolidate my average to sub 128p. Risk is it may go the 250p but am content to improve averages on a spike.

1 confirm the news leak

2 confirm the offer

3 evaluate the price - seems around 230p

4 trim based on the move up may be temporary while still holding enough to be content.

209 v 128 is a nice base to hold now (63% return) on 11 trades (4 today) in the last 6 weeks and now a core established to add to for dividends of cash up on further rises.

You have twitter dean?

HTH

BKB only happy ones - happy that I added this mornig before the spike and the last few days below 160p

Will trim a few.

230p equiv

£1 + 130p ( Euro 38/1.17/25.024047)

Fill your boots. Well done for anyone who topped up today at around 156p.

DYOR

Approach been confirmed ? seems 270p

Looking to add around the 111/117 range when it revisits it.

Do not see at sub 95p in the near future but perhaps it can still come.

And then some more on day 2

Position today and fill your boots tomorrow.

GL all

Geronimo

Going for 1st tranche .... must be near bottom .

Sub snooker racking 147p - a sign for me. Got to feel for those who chased the £2+ entry.

Adding

The move up tempered by the jittery stock futures

Would be a sad day to see this swooped on at these prices. However there must be many interested parties before the JD .expansion foothold in growth comes to fruition.

Let's see a health rerate soon - many more companies in broken Britain will soon be owned by foreign owners.

Bonanza on its way.

Refunds potentially 10 x revenue?

Something up today?

Entry level 130?

Https://www.londonstockexchange.com/news-article/VOD/update-regarding-vodafone-italy/16352179

Quite obvious what is happening here with Elliot - all about a placeholder to extend their own walk away date to 16th - to watch the JD. hand show.

This is going to be a scrap as both want our shares - enjoy the ride.

No way did they think that 62p was enough not the 67p figure. They are holding back and will shoot north of the BoDs 75/80 indicative - 95 wins this one.