Member Info for SquirtyFlower

It gives absolutely no idea how much it might go for if a bid came in now. Any bid now would be based on the value the buyer sees in the company now and in the future, not 10 years ago. Revenues, profits, cash flow, market share/trends, business climate, financing, etc, etc etc are all way different to before the 2007 crash. I'm not saying there won't bid at some point or that it may be in the region of 180p/share, but that would be on a Dec 2017 basis not a Feb 2007 basis.

Mulder - that article was from 2007 so is only 10 years out of date!

That report is just a computer generated 'fill-in-the blanks' effort. There is no human interpretation or value add and, frankly, is a waste of pixels on my screen. Worth noting that HIK went up 6.4% and CTEC almost 5% so perhaps it was just a day in the sun for bombed out second-tier pharma stocks (biggies like GSKand AZN didn't move) that have been in the doghouse for months.

Only right and proper that us long-time iii'ers get our shares before the johnnie-come-lately TD'ers!!!

iii had also been working to 30th Nov date, but shares are now turning up in accounts. Expect Lloyds will be similar.

Yes, they should be automatically allocated by your trading platform. However it may take a few days for this to happen as the shares need to first be allocated to the platform before they can distribute them to you. It is also clear from posters on BMN that iii/TD have no idea about the demerger happening today and think it is occurring at the end of Nov. Therefore it may be some time before you see the shares on iii/TD....

I suspect that Friday was pretty much the bottom of the decline (assuming no exceptional event such as all out war with North Korea) and that shorts will gradually start to close. It will probably take 3 months+ for them to fully close, but I'd expect a significant majority to close in the next 6 weeks. The process will be gradual as was the process of opening them, and it'll be done through repeated cycles of allowing the price to rise 5-10% and then slamming it again with more short selling. These shorting attacks will not be sustained and some of the later ones will deliberately lose money, but overall they will allow an orderly and profitable exit from the larger majority. As others have suggested, there appears to be limited advantage to be gained from further shorting. The business results are good, full year outlooks are maintained, debt is reducing, etc. and the company is looking pretty cheap at the current share price. As a result, the risk of a takeover offer must be getting uncomfortably high for the shorters and I think they'll look to close many of their positions over the next 6 weeks or so. It would also be helpful if the Shire board sent them a strong message through significant personal buying of shares by the directors (not just taking up option awards) and instigating a share purchase program.

Sadly on the other hand it would only take an attack at one of their parks and the share price would go down a very long way.

Agreed my2penneth - the conclusions of the orangetree article are contradictory and simply says the share price might go down to £5 or go up to £6.50 in their opinion, but they really haven't got a clue so wait a few months to see if one of them becomes more likely. It's only value is in showing how clueless this research house is.

Nope - it arrived on 24 Aug.

Yes, though as today's bbc article on the Ryannair results indicates, part of the reason for the price war is the result of switching capacity out of Turkey and North Africa which suggests: - there's too much aircraft supply on these routes and not enough elsewhere - margins are better elsewhere http://www.bbc.co.uk/news/business-40702493

The recent results RNS states the shares go ex-div at cob on 17th March. Subject to receiving shareholder approval at the Annual General Meeting on 20 April 2017, the final dividend will be paid on 25 April 2017 to shareholders on the register at the close of business on 17 March 2017.

No, it was the uncrossing trade as indicated by the UT code. http://www.iii.co.uk/investment/detail/?display=discussion&code=cotn%3ABARC.L&action=detail&id=4454224

2 RNS out: 1) Odey bought 2m shares to take holding back above 5% 2) share buyback recommenced (up to 86m shares)

Spot on, jonjo. Talk of £30-35 is shorter nonsense. Next said 2016 profits would be towards the lower end of existing guidance and in the region of £792m. The share had already been weak through 2016 so go get whacked 15% for coming within previous guidance is unduly harsh and these are still excellent profit numbers. Yes, they said the 2017 outlook would be tough, but this is hardly news as all the stuff about inflation, min wage, currency fluctuations is well known, and when NXT talk about it being tough they are still talking about £680m profit minimum....most companies would dream of that in revenue never mind profit.

It is also worth noting that since 13th Dec, Kames Capital have reduced their holding from over 22m to under 9m shares (see the RNS of 15 and 20 Dec). Time will tell whether this selling is complete or whether they intend to go significantly lower (even down to zero), but once this easy supply of 13m shares is absorbed by the market (e.g. by some shorters closing) then it will put even more upward pressure on the share price when combined with the drip-drip-drip of the company buy-back and traders buying into a rising share. As you suggest, a short squeeze could arrive quickly here and a jump to over 400p in a couple of trading sessions is very much possible.

It was the end of day uncrossing trade - basically a settling of the order book at the end of the day for each share. if I had a pound for every time someone on these boards gets excited by a UT trade I'd be rich, but the reality is it is of no importance.

An even bigger take over target this morning...

Gold price fallen over $10 in last 2 hours so perhaps not looking so good for tomorrow.

More disgusting behaviour from Sports Direct. At what point are the senior management of this company going to realise that their business practices and attitudes sit somewhere between the illegal, immoral and incompetent? If they don't, I am sure their customers soon will. If proven, this bugging is a blatantly criminal act and I hope a combination of the MPs, HMRC and the police throw the book at Ashley and his senior management team. http://www.bbc.co.uk/news/business-37899067