GS aren't in the habbit of making bad calls - the bad nes is history, now a case of looking forward and with JPM and Lloyds touted around we know that usually there is no smoke without a fire. I expect a nice rise
I think the key here is there is a clear interest by the US companies and I wonder if Vernon Hill is advising - bargain pricing with potential takeover that could see a substantial premium being paid.
When it does watch how much this will be bought up - expecting a very strong finish and expect GS to be adding. They see value - future looking brigher
A US firm wants in and exposure on the UK high street
Uganda divestment would bring in around £600m and that’s being conservative. The current market cap is less than that - circa £520m. Any takeover will be north of £1 in my opinion. There should be a holdings rns to confirm who’s buying. Odey will be toast tomorrow - expect a rebound and short squeeze with the Dow and Brent making a very powerful move.
How everyone just talks rubbish generally on this board to suit their position. We know we have Mr B buying at 60p, 50p and that's when the holdings RNS' dried up. We are aware that the sp is now 32.5p and no holdings RNS' released - do you not think he has been buying against the market backdrop. I think we could announce a sale or divestment to Total and we could get a decent amount, which will settle nerves. At these levels I can see very good returns short term and substantial returns long term!