Member Info for RMR1969

just checked with HL and they state 2-4 weeks to complete - aarrgghh! Not sure I am keen on that, but will have to find a window at some point, not doing it now as Halifax will surely cock the OO up in the process.

Exactly same happened to me, last week confirmed it would be by close of play Tuesday, now saying in the next few days, lady said they would extend the deadline for open offer take up if required, I politely explained that I did not believe that to be within their gift - muppets all of them, and with the web site down today I am thinking strongly about moving on from them - any suggestions, I have HL SIPP and ISA too, is it easy to switch share dealing to them? Anyone done that recently?

on what basis exactly, I am in, I would love that, but really.....!

spoke to them last week and they said that it would be with us Tuesday latest showing as an Corporate Action in our account

I too spoke with Halifax Share dealing this morning, they have confirmed (in writing on my web chat form), that the Corporate Action will be with us by Tuesday latest, guess we would just need to ensure funds available if we are to take up the offer (as I will), and tick the appropriate boxes. Good luck all those that do indeed take the offer up and for those that choose not too.

Always possible that this drifts lower in the coming days but in my opinion unlikely to get as low as the offer price so therefore I see it simply as a cheap opportunity to double my holding and hopefully see an immediate profit. Already well in profit so really got little to lose but as people on here often say, only put in what you can 'afford' to lose.

I suspect not everyone will buy their shares so looks like PH will have a chance to get their shares cheaply by mopping up, would be so great if this were not the case and they were forced to buy on open market - we can dream

I was not about much yesterday so just catching up, but amongst the RNS it states:

"Because the Group remains open to resolving the matter, it maintains a $438m provision substantially related to that purpose. Should the matter go to trial, the Group has been advised by counsel that in their view the provision is materially in excess of the fine, forfeiture, and/or restitution that would likely be incurred in an adverse outcome at trial."

Is this not the key point, even IF it goes to Court and INDV loses the case, Counsel believe the provision is materially in excess of any probable fine and penalty already..........or am I missing something...?

Far more likely it is settled out of Court as I suggested a week or so ago.

A bit left field to be fair, however I know he is highly intelligent and highly capable - I would imagine Allan Leighton had quite an influence in this appointment, and to be fair he knows his stuff.

I had already got out after recent rise with a reasonable profit so am quite happy, but will keep an eye on this now, feels like they are building a good team.

quite right, when you think early doors they hit .485, cannot see any reason why they wouldn't get back to that level in the near future (unless we have a crappy RNS), which is unlikely just at the moment, need to consider the spread and costs but 10-15% ought to be manageable with a little patience.

Good luck

does my head in.......up down, up down, up down........all over the flipping place, wish I had the balls to trade it, I am sure some of you have done very nicely if you have been calling it correctly - GL

certainly will keep holding, got in early before the recent rise, good dividend and have actually made quite a use of the discount vouchers I received for the year offering 25% of all drinks and food!

seems harsh, any thoughts as to why SP fallen so much on that update, didn't look that bad and pretty much in line with expectations, unless people were expecting more....?

does make you suspicious though about all those large trades yesterday.........I know they were throughout the day but clearly some people were in the know about the RNS this morning as we have not seen that on other days......

on Halifax.......

uummm, not sure I would be so optimistic, Sainsbury's needed this more than Asda. Asda have Walmart (for the moment) and that will secure their continued development even if they are hived off into PE or Amazon......

Sainsbury's however have no where to go, yes of course they can continue with the Argos re sites and fill baggy space which they no doubt will do, but not sure that the dividend is 'safe' and it may indeed reduce now.

Mike Coupe needs a revised plan, and what can that be other than baton down the hatches, rein in the costs and mitigate the impact of the discounters who take more off the 'premium' stores than they do the likes of Asda.

I believe the share price could continue to drift down until a suitable plan is released and only then level out assuming the plan is regarded as realistic and capable of returning value to shareholders.

Their only other option would be an Amazon tie up, now that would not seem too mad bearing in mind the Argos element to their business, who knows, but I will not be investing here at present until things are clearer.

will we see the uplift again this afternoon after an early drop like yesterday?

anyone have any further views on what is happening here, expected a Holdings RNS to be fair after all those large buys yesterday, had assumed they were all likely to be the same 'person' - maybe not or maybe threshold not quite met yet.

Intriguing though

Cheers Jace86, not really been commenting long on LSE despite having been in for a few years, primarily reading and learning - it is very interesting, exciting and addictive......but have now tried to divest more into dividend paying FTSE 100 and 250 companies and de risked a bit in smaller companies, learned already how fickle these shares can be and not for the feint hearted. Also learned much about who's comments to read and who to ignore, I think that was the most interesting. Appreciate you coming back to me.

apologies, I certainly was not intentionally cross ramping, merely pointing out that there was much activity on another share where I am aware many here are cross invested in, and the chat on this board at the same time was rather banal.

Interesting to see how easy it is to be called out as a ramper though when indeed I truly am not, lesson learned and I will refrain from mentioning other companies on BB going forward just to ensure I am not misunderstood.

Did think the comment on GLA was quite funny though, surely will happen one day.

Best regards

someone knows something here, something is happening, a stake is being built, plans are afoot, not ramping, just have been watching all day, I think it is more than a pump and dump - let's see............

wow, just catching up on the BB and realise must have been a dull day based on the conversation going on here.......pop over to MTPH, been mad there this afternoon. Big buys starting to go through this afternoon having been down 10% earlier today, now 50% up, looks like someone is building a position, or a massive pump and dump, still hopeful here, just patience I guess. GLA

someone definitely knows something or is taking a considerable position here for some reason, strange day indeed.