Member Info for Micky1971

Huge buys yesterday and after hrs, someone is in the know....

One final comment, the best way to potentially win is save your money and buy immediately after 100p payout in the obvious drop. You will then have more shares and gain more future dividend assuming you are committed for a few years…..

Yes this now seems the case, essentially the only way you can win is but now and hope the value goes up by say 50p before divi date, you then have banked 50p per share profit. Basically Aviva are forcing a huge share buy back continuation of what they have been doing. All the capital gains of selling the European companies is kept under their umbrella. Very very frustrating

Alleluia, that’s what I think, otherwise no benefit of the £4b gift……

You own a 100 shares worth say £4 each = £400, you get £100 cash divi and now earn 75 shares, these are consolidated and now worth £5.33 each, your investment hasn’t changed?????

Completely agree M135i, i think the current RNS just saying we can continue with business as normal is somewhat gauling. There is simply no detail, just simply saying we might sell might not but could if we wanted… I would say the clock is ticking faster than ever and patience starting to wane……..

What ballpark do we think the SD might be in, I am assuming 30-40p, any thoughts??

Morning Ian, please put me down for tomorrow after hours.

The frustration for most of us is the lack of clarity, RNS’s that appear on the face of it to offer a lot but deliver little once the dust settles. If a buyer had completed due diligence why has this not moved on. When I read back through the RNS’s the board are delighted, excited every positive note we can imagine but then we step back and say so what’s actually progressing with the deal???
At the very least 3 months after DDC I would expect a specific update with regard to this if nothing else.
I’m quite sure the normal response will be sell up, move on but none of those comments change the realism that we seem to be on an ever increasing length of string.
I think if the next update is another Woolley, potentially could happen, PI’s are going to loose patience. Just my ramblings…..

Yes please, that would give the market plenty of time to consider their positions for reopening next week, although I suspect 7am next Tuesday is also a good punt….

They state a complimentary business to existing that infers they will own both. It really does sound like they are pedalling fast trying to build positivity before announcing either no sale or further delays. My biggest concern is since they stated “Due diligence successfully completed”, there has been no info on proposed buyer or indeed if successful means they have done it and said no offer to make??
In summary , I think they need to contextualise exactly where we are….

Surely you wouldn’t appoint a new Exec if you were about to sell the company and certainly who would accept the role only to be booted out by new owners?
UNLESS new owners want them appointing, bit weird without RNS OR we are going solo??

I Put myself down for after hrs RNS tonight, however in reality I imagine Monday 0700 is more realistic to give the markets little time to plan their escape routes………..

Hi Ian, please put me down for after hrs Friday.

Cheers

Morning Ian, I guess that’s a NO for JL, glad I also recommended Amazon who in my experience have always tried to resolve issues and regularly refunded if they can’t resolve.

Anyway back to EUA, are we getting a positive update before Crimbo shutdown??

The only useful advice is always buy from either John Lewis (2yr warranty on everything) or Amazon who offer good and fair customer service, ie often take a view.

Hi all, posters often state sit back and relax the SP is irrelevant, yes and no, if you had a placing of £20m and currently sitting on a paper loss of £3m I guess you would not be impressed and I think this is why there is a delay on release of news. IMO the board are waiting to be able to release news that will stabilise the SP but more importantly keep it there. Any constructive thoughts welcome..

Agreed, I can’t believe we would enter the holiday period with no further updates. This would look bad and raise a lot of suspicion to exactly where we are. I think this week will deliver some form of update.

An interesting point, if the potential buyer is within Russia, then a hold up on licences being issued could be being used as a bargaining chip or to frustrate outside interest…..

Ok, so Eua surely wouldn’t report DDC if it was completed but not acceptable to the buyer or even if that was the case they would have to confirm that company no longer interested after DDC??
So to my point, if your the buyer and you are now in a proceed-able position how long would you wait, are Eua saying ok thanks but just seeing if we can get a better deal, just doesn’t make sense, I would expect that within 48 hrs of announcement an RNS drops stating full or partial sale proposal? Thoughts please………..