Member Info for phoenix100

Looks to be the move by VM . However , I bet they have been in talks all the time since and now and will be over weekend to then recommend an acceptance of between 3.80 and 4.00

Fair to all parties and we could all then go on to proceed to get even more dividends and growth . I would be tempted to actually keep all the shares and keep holding for the long term in that case

I think that might be where this is heading

A deal will be agreed and somewhere between £3.80 to B

Will leave all time to think carefully. With a counter offer of 4.20 perhaps

Great for fever tree

around 3 million shares yesterday against 2 million sells . Well done .

Seeing as how they said they had been in discussions for two weeks prior to the announcement of the first offer and now the delay in saying no , I would assume that CYBG and VM may still be in discussions . This makes me think that together both sides are trying to work out an acceptable price before saying no to the first offer . Why else take so long to say no .

Someone is picking up those shares cheaply

Let’s haggle

Today loads more buys than sells . Not that mms care until fresh news is announced

Need £4 now or £4.50 if it drags on

Until more news comes forward. When the rejection occurs, there might be another tree shake and if a counter price is mentioned, then the price should rise again above 3.45 . Only my gut feeling of course

Tried to do some research on USA fevertree progress and they are already number one mixer in US apparently. Also the fevertree events in U.K. this year look set to progress our market share even more and brand awareness. We could be a definite takeover target this year with the weak pound and huge merger and acquisitions occurring already in U.K. . I’m hoping for a takeover at £40 this year

For about two weeks already and this is the first offer. You can bet your virgin dollar that they want us and this is their opening offer . You can also bet vm want this deal but at a price that’s sensible . £4 pound or close to is where it will likely get to in my opinion . Rejection of offer today and counter figure of 4.10 and hoping to then receive offer of nearer 4 . That’s my prediction. As for the insider dealers , let them get nicked and put in jail . We mortals have to go with our gut instinct and research and get played by MM . City rogues need teaching another lesson . Crime and cheating does not pay

Re share of combined company. Personally I would want 46% minimum with guarantee for virgin brand etc

Also both banks want a deal . We all know that you don’t put forward your best offer first unless you are a complete idiot. If virgin didnt want a deal , they wouldn’t of even waited a second before saying no thanks . The deal makes sense , but CYBG need us more than we need them . VM will say the price is not high enough, also Branson will still want the bolt on virgin benefits of 1% royalties etc . They will say 4 to 4.20 and CYBG will come back with 3.80 and then we should settle at around 4

So that means they are interested in doing a deal at the right price . Here comes £3.80 to £4.00 and done deal

Then £33 and £35 by end of year quite possible if USA growth is good . Will be following North America progress closely

Is the consensus for any deal to be acceptable From hedge fund comments etc . I tend to agree . Could take a few weeks or months to iron out , but both companies would benefit greatly from this merger if done sensibly. I feel confident the price could be met . Rather another bidder come forward to push to £4.50 but can’t be greedy