Member Info for mike1974

Hound dog - Thank you for the very comprehensive reply and i suppose most of what you say makes sense.

I still feel the II's would have nothing to lose by playing hardball and rejecting his offer though, he's so committed to it now that it's extremely unlikely he'd just just walk away if the offer was rejected, he'd have no real choice but to increase it.

Hound Dog - You misunderstood my question a bit, I'm not saying you're wrong in your assertion that the bid will be accepted... I'm asking why you think the II's seem to be quite happy to accept a bid that by all indicators is undervaluing the company by quite some margin?

If most of us PI's don't consider the bid to be a fair reflection of the companies value then how come the II's do?

Hound dog - You're clearly very clued up on the mechanics of how the the market operates, both in wider terms and more specifically in relation to this particular takeover bid.

All along you've been very confident that the bid will be accepted by the II's... can I ask why you think they're so ready and willing to accept the bid when all the indications are that he's getting it for a bit of a steal given the recent improved results and scope for considerable cost savings going forward, particularly with regards to parcel automation and reform of the USO.

Lounge lizard - Fair enough, I acknowledge my comparison between Gaddafi and Zelensky wasn't really a valid one, after all as we all know, Zelensky has been responsible for the deaths of far more of his country's citizens than Gaddafi ever managed to achieve in his country.

Never mind losing a general election, Zelensky will be lucky to not find himself swinging from a lamppost once the population realise just what traitorous, self serving swine he's been, profiteering on the back of the deaths of hundreds of thousands of his citizens and soldiers.

Trajan - Zelensky the little coke goblin will go down in history as one the biggest war profiteers ever, hopefully he'll end up getting the same treatment as Gaddafi, another leader who used to enjoy playing dress up as an Action Man.

Hounding - So there's no reason for him to increase his offer unless another buyer comes in?

You seem to have overlooked the possibility of the II's rejecting his current offer.

I think the only way this offer price is going to be accepted by the II's is if they've been offered an under the table deal in the secret talks that DK has held with them, which given how corrupt and open to manipulation the markets are is highly probable.

All along the RMG/IDS share price has acted contrary to expectations, rising on bad news and falling on good news, and here we are amidst global turmoil with stocks and indices across the world falling dramatically in the face of a Trump induced trade war and IDS is..

UP!

John - But if the state owned 49% of the company why would the state then want to continue to attack and further damage the viability of that company?

If anything the State ownership and its ability to rubber stamp could and should work in the companies favour.

As far as I can gather all these attacks are purely aimed at getting Zhevago to relinquish his stake in FXPO one way or another, including nationalising his holding.

Let's just assume they do manage to nationalise his holding, why would this be so disastrous for the remaining shareholders?

Zelensky just stalling for time whilst he and his corrupt mates misappropriate as much cash and assets as they can.

Hopefully we'll get to see this criminal swinging from a lamppost at some point.

It's not "Ukraine" that wants to own FXPO, it's the coke goblin and his gangster mates who want to own it.

If the Institutional Investors accept this offer then they're either pretty stupid, or more likely, there's been yet more corrupt behind the scenes deals done between DK and those II's.

We're certainly seeing blatant manipulation with this stock now, with swings both up and down based on news whatsoever.

Ponty - You wish the offer was a whole 10p more than the current derisory offer?

You're easily pleased, Danny must love you!

Red - I do agree that this share has been subject to blatant manipulation so certainly dont blame you for finally getting out.

I think from here on though there aren't really any downsides.

Even in the incredibly unlikely event that DK withdraws his takeover bid completely there's still plenty of long term upside, for one thing he'd undoubtedly use his own powers of manipulation to push the price up in a classic pump n dump manoeuvre to offload his 27% holding (I'm still convinced he's been largely responsible for this share's price being consistently manipulated downward during his long buying in phase)

There's also plenty of scope for upside with ongoing automation and the USO finally getting looked at.

In fact for me right now the most disappointing scenario will be if DK's current bid gets accepted.

Seems a bit of a strange time to sell right now unless you need to free up funds.

At this point you're pretty much guaranteed 370p, hopefully a bit more if DK's bid is rejected.

Quite hilarious that people are gullible enough to believe that we've got "democracy" in the UK.

We may well have a meaningless charade of voting every few years for which of the RedBlue Uniparty we want to control us and do the bidding of the Banks, the Corps, the Globalists and the wealthy elite... but our system is no more democratic than the sham democratic processes in Russia or elsewhere.

JB - That's an odd quirk of the process that I hadn't previously thought about... that VESA get to vote on whether they should accept their own takeover offer or not!