Certainly the bid has woken the board up to the fact that they are a desirable target and that they need to ensure that the shareholders feel they are getting good value. So it will be interesting to see how this is received going forward in terms of share price especially with the increased divi.
I just hope they are not merely making changes for changes sake and that there are sound reasons for any actions taken
RE: RE: sold my holding at 13.5% gain19 Feb 2017 21:36
Be interesting to see how much they drop tomorrow after today's announcement. Hoping they at least remain above the pre-offer price and make a little bit of gain as a result of this.
and personally I hope that they don't accept any offer. My holding is very small but something I'd like to build up as I like the company, how they work and the value they offer. Of course bigger holders may be different and eventually they sell but I hope not.
I seen references made of between £42 - £45 being a fairer price so on that the offer was below. Of course makes sense that Kraft won't go in with their best offer initially as they will want to get Unilever for the cheapest possible price. So plenty of room for Kraft to up the offer and we can see just how much they value the company and how keen they are to buy.
Will be interesting to see how investors view this, especially those who have held for a long time. They'll not want to sell and then see the company dismantled and lose the identity that first enticed them to the share.
Can anyone suggest anywhere, apart from the company website, where I can get some more information about Redcentric? Would like to get some impartial info on this before dipping my toes in the water.
Thanks