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Trying to say there will be a TSB crash .The reason for the tsb crash was because they did it on the cheap. I doubt cybg will take that risk.
The cybg shares and when it hits 350 plus sell and enjoy any dividends. They acquired the vm asset for virtually nothing and have its cash pile and its worth 4.50 a share . I see cybg share price being manipulated for s while till they are worn down to take a low profit and then when they have gone boom up goes cybg share price . So I will hold
The take out the weak and then resell for profit
And the hedgefunds like to manipulate the price to get the weak to sell for a small profit and then they move the price when they are ready . Haven’t you learnt how the wolves and sharks devour their victims
So might as well keep the new shares and get the huge rise in a few weeks and months as the real value of the combined banks is recognised, especially VMs 4.50 value which has been stolen from the shareholders in my opinion
They have purchased virgin Money for a steal . Worth 4.50 and they not only buy it for 3.70 , but give no cash and get virgin money cash . A huge credit card business etc
Look at virgin rail , look at his virgin cola , look at his virgin bride , look at his space ships .
Share price up to 3.57 and approximately 1,800,000 buys v approximately 998,000 sells. Now we wait .
This company needs loads more coal to keep moving forward in my opinion and the price being hyped and pumped up so much is going to give them the perfect opportunity to do a massive rights issue as many companies like this do . So that is likely to be fairly soon in my opinion .
Theory is , did someone short this share to manipulate this low takeover price ? We will never know . We are are just minnows swimming in a sea of corrupt giant sharks .
Has a huge conflict here , which was why when CYBG said they were now sorting out that bit , seemed to me , stuff the shareholders, you’ll get the scraps we are prepared to give you . Won’t be investing in a company he holds a large chunk of in the future if that’s his attitude
They will do it . They both need it and they intend to appear to ensure the deal is done . So I’m afraid it will happen , but possibly at a slightly higher price
Buying as many shares at this price as it’s a done deal and the new CYBG share price will rocket in value once the deal is done as it’s a no brainier
Incentivised, or something for them just to under sell this company below £4 . I am very angry
have been accused of not putting up any fight against this takeover approach , which would otherwise be warranted . looks like the deal is done already and we have been sold out . Still , if there is a vote , i won't support it , but i'll take the profits with a bad taste in my mouth.
As if their institutional investors think the offer is too cheap and that VM will be better off on their own or with another partner , they won’t agree unless the offer is higher. Also Branson will want his 1% royalties continuing and that is why CYBG are now talking that aspect through as they intend to predominantly use the VM brand . Which makes me think what a cheek . 46 percent of the company for vm to have in CYBG is therefore justified
Appear to be saying great deal if it can happen , but that the current improved offer only just gets it over the line for it to be possibly acceptable. Therefore, I would suggest that both VM management and CYBG expect to do a deal at £3.80 a share . Let’s just say , I won’t be supporting it at that price . Also, if I were another bank looking on , i’d Move in for an opportune offer above Scrooge and Market CYBG
Branson doesn’t own enough shares now to make this deal go through unless the real shareholders agree. Let’s think now ! Do we wait till next year and get £4.50 plus or get a higher takeover offer from another bank with a better name , or do we accept a below market value offer from a bank that has low reserve ratios and ppi debts . Hmmmm I vote £4 minimum CYBG or no 67000 votes from me . I think most people were and would expect £4 as a low offer. Now would be a great time for another bank to step into the ring . Could seriously happen in my opinion
I’ve just worked out CYBG . So don’t bother saying you are now going to move on to discussing other terms and conditions before confirming an official offer . The answer from me is 100% on your bike mate . VM is a clean and dynamic brand with no baggage . CYBG needs a counter offer to come forward from another interested party now in order to make them wake up and smell the coffee beans more closely. Other than that , I very much doubt many investors will say yes to this low low offer in my opinion.
The more I look at this new Scrooge and Marley offer , the more it angers me . No cash added and a small increase in percentage shares not even at 40 percent. CYBG has a low cash reserve ratio , has ppi debts to cover , and has a business customer prominently trying to sue CYBG with newspapers and an MP and the Police giving it some possible flesh . Not really an offer or a company I would sell my shares to when we will be at 4 pounds to 4.50 by early next year . My approximate 65000 votes are a NO CYBG !!!!!!!!!