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Haven't you been predicting a 'very interesting' week for weeks now?! I see that you've upgraded the status to 'very very interesting' for next week.

23 Sep, 0.275p / share

Yeah, but they do sometimes pay Dawn French to tell us "it's not Terrys, it's mine" and put us all off eating them.

Yes, why wouldn't £12 be a sensible valuation of a £5 share? sheesh This recent optimism is nearly as daft as the blind panic that we used to have.

Who still thinks £10 is just around the corner?

Sell Kraft, buy CBRY. That statement doesn't stand up to much scrutiny. Selling Kraft at $26 to buy CBRY at £7.80 and maybe get about £3 and a quarter of a Kraft share back is rather silly, not even counting transaction costs. Unless one has a view about the dollar heading for devaluation, and anyway you are going to get a dollar denominated asset back in Kraft, there can be no justification for selling a share which recently lost two bucks and getting into a share which in the same few days put on £2.50 but will, probably, end up being the same asset. Are you one of those guys who changes lane a lot in traffic jams or will go the long way because it's faster?!

Hmmm, Kraft is about $26.2 now. It doesn't exactly scream support for the deal.

It seems that interest here is simmering down.

I like BLND for around 475p, even better if you can get them for less. Great divi's and great growth potential, if you believe in property.

Everything that I have seen about improving the bid is focused on getting a larger cash component without a larger overall offer. I would not suggest that now is a good time to buy. I am not entirely convinced that it is a good time to short, as I have done. I do think, as I said the other day, that for anyone who has held these for some time, it would be a good idea to sell all or half and let the rest ride the wave. Hence I have, unusually, selected an opinion from the drop-down box.

Kraft's bid is worth 300p in cash and 0.2589 new Kraft shares priced in dollars for each Cadbury share, but Cadbury immediately rejected this approach. When Kraft's Chairman... met Cadbury's Chairman... to outline a deal on Aug 28, the cash and share offer was worth 755p a Cadbury share. But by the time Kraft went public with the offer on Sept 7 the value was 745p. The sharp fall in Kraft shares on Sept 8 dragged the value down to around 716p late Tuesday. Kraft shares were up 0.9 percent at $26.68 but the weaker trend of the dollar keep the value of the deal largely unchanged at 717p by 1500 GMT.

Kraft closed at $28.10 on Friday.

You are correct, of course, in the absence of any useful comparison. Before the benefits are worked through there will be the market's raection to the deal that is tabled and is or is not struck. People who believe that it is a good deal for Kraft (or Nestlé etc) will push that price up. That was not the effect seen after the initial announcement, however. Of course, buyers and holders of CBRY who hope for a takeover are (in any scenario I have read) expected to take stock in the new enlarged company so they are tied to profit OR LOSE due to any synergies or market reaction to the deal.

Like I said, there will be hostility at the AGM if some deal-crazed executive overpays.

I saw it already. Their monopoly works best if they screw the suppliers.

If the USD slips much more, CBRY will look very expensive from Illinois.

Did you read what Bark wrote?

Kraft will need to borrow the cash component (about $8bn) and create shares for the other half. S&P are downgrading Kraft as we speak. People said that Barclays could not afford to let ABN Amro get away but that deal was the best thing they Never did.

Last Friday was 570p or thereabouts. Kraft made a bid of around 740p per share made of cash AND SHARES. Now you think that some other party will make an offer which will propel this over 30% further than the Kraft price and at a 75% premium to Friday's close? Imagine facing one's shareholders after making that offer - the CEO would be torn to shreds.

You been down the chiropractor?