Member Info for Sid786

Redceo, yes we will know for sure soon

If DK has failed , the results will be market be good

Plus a divi as well....

Plus a new CEO, lots of things to look forward to at RM / IDS

Do we think DK is still talking, if we are to believe the telegraph or FT...

Or as they share price is behaving, has DK away ...

As the board put it, it was a opportunistic attempt to buy the company on the cheap...and it'd failed

Nice rise today

At one point in the morning it was 4.02% increase, and it was the second highest riser in FTSE 250

At the writing of this it's 1% rise

What a share to own, what amazing fluctuations and manipulations

Dowsie, it's it's the actual financial times article and there's nothing new in it but I just posted it just for the sake of it

Czech billionaire Daniel Křetínský’s EP Group has intensified talks with the owner of the UK’s Royal Mail about an improved takeover bid, after his initial £4.5bn offer was rejected last month.

Discussions between EP and the board of International Distributions Services, owner of the former British postal monopoly, have deepened in the past couple of weeks, said people familiar with the matter.

It remains unclear if EP and IDS can strike a deal, the people cautioned. EP has until May 15 to make a firm offer for IDS under UK rules governing takeover bids for public companies.

Křetínský, a lawyer-turned-energy tycoon, is the largest shareholder in IDS, with a 27.5 per cent stake.

He has been a prominent dealmaker in the UK, making investments in supermarket chain J Sainsbury and London football club West Ham United.

EP said it had “submitted a non-binding indicative proposal” to IDS on April 9, after his interest in acquiring the business was first reported by the Financial Times.

However, IDS rejected the indicative offer of 320p a share, calling the timing of the bid “opportunistic” and saying it undervalued the business. Other IDS shareholders criticised the proposal.

IDS’s shares have been sliding over the past three years, and the stock last traded at the value of EP’s proposal in May 2022. The shares closed down almost 1 per cent at 280.2p on Friday.

Royal Mail faces challenges relating to the high cost of its comprehensive, UK-wide delivery service while it adjusts to a steep drop in the volume of letters it handles.

EP is contending with scrutiny from UK government officials and a heavily unionised IDS workforce.

The Communication Workers Union has said handing over ownership of “one of the UK’s most prestigious institutions” to a foreign equity investor “cannot be right”.

Křetínský had made clear his intention not to break up IDS by separating the lossmaking Royal Mail from the group’s profitable European logistics business GLS, or touch the group’s pension scheme surplus, some of the people briefed on the situation said.

Křetínský has also said he will maintain IDS’s investment-grade credit rating and will avoid compulsory redundancies.

Representatives for Křetínský and IDS declined to comment.

I can see this bid going nowhere

DK want to pay under £4, hence the long silence....

And the board are saying NO NO NO

Why, because GLS alone is worth £4, and DK WANTS to pay £3.70 or abouts......and along with it DK want RM for free.

The board would have clearly told DK.

GLS is making big bucks. And is worth alot more.

RM is getting fixed , slowly albeit, but surely, macroeconomic situation is getting better, interest rates will start to come down possibly from June, and regulatory changes highly likely. All these will make RM profitable again..

Plus Martin Seidenberg, has brought in his own people at RM , and would like to give them a chance to turn things around at RM...

Plus RM have started to utilise the collect plus network, plus may soon have its Amazon type boxes, and other last mile improvements are on the way...will help customer experience as well as reduce costs and improve profitability

Mr DK will be saying, the closing price before the bid was 2.20 approximately. The norm is between 30 to 35% premium to that price. Above £4 the premium would be more like 70 to 90%..

Mr DK will be saying I ain't paying 70 to 90% premium,

Let's see, only a few days to go....

At the end of the day , the board has the upper hand, major shareholders are behind the board, things are looking better for RM, and also it may be the last chance for DK to own IDS...

INTERESTING few days....

You win some and you lose some, overall I'm up 1000% over the last 15 years.....

Well I have a substantial holding at 4.78, then smaller holdings at 3.52,.and 3.43, and another small holding at 3.05

So around £4 or make a small profit, therefore I'm hoping vesa doesnt succeed

Don't mind keeping my shares in ids long term , more for the dividend

Meant to say, the fact IDS hasn't released their group results early, tells me RM performance was normal rather than exceptional

That's why they are focusing on GLS

TMS, it's a win win situation for IDS and shareholders

if the board reject vesa, they will double down on costs and improve efficiency market share and over all performance

And if they accept a bid from vesa , it will be at the higher end of what vesa was expecting to pay

I'm very surprised they haven't released their group results early, we're normal rather than exceptional

I think this presentation is aimed at large institutions he might be thinking of selling out cheap in the eyes if the board

Since the commencement of the share buy-back programme announced on 21 February 2024, the Company has purchased 222,964,181 ordinary shares on the London Stock Exchange in aggregate at a volume weighted average price of 181.7041p per ordinary share.

Company buying another company, the CEO would pay extra half bill or 1 billion extra , no problem, end of the day the extra money is not his..the CEO would be more interested in wrapping up the deal asap..mm

The difference with a individual or family buying another business, is the individual will try to buy it far the least amount possible, and I think that's what the case is at the moment...

Mr K wants IDS for the lowest amount possible , that's why I think there is so much silence

My thinking anyway 😁

Rt003, maybe the markets think, Mr K ultimate bid will be too low, will.be rejected by the board, and will ultimately fail, and the share price will fall back tor the £2.50 mark

Should be £3.50 plus Tuesday because the higher bid will definitely be £4 plus

If the board rejects his bids, can he force a vote by doing a hostile bid, what would the process be for a hostile bid

Simx , I don't think the board or the major investors would accept 4.20

I think it will be closer to 4.50

So more like he will have to spend an extra 1 billion

I'm very surprised about where the sp is at the moment, definitely above £3 Tuesday

The new bid might even come on Tues/Wed

If the bid is £4.20 approx

And GLS is worth £4

Are we saying RM is only worth 20p

If the board is offering a robust defence against MR K , the only way the major shareholders would accept this is, if the May results show a clear improvement in market share, controlling costs and clear path to profitability for RM....if there has been a significant improvement in RM performance, then not only can they reject the bid from Mr K, they can also manage if Mr K, sold his 27.5 % shares of the company .....