Member Info for Thecountofmc

15 DAY SMAVG 1.443mio, volumes creeping up to,

Yes agreed. Its a few pennies away from being RSI 30, ie over sold if you believe in that stuff.

Do you know if the 6 month lockout clock starts from the date the offer is withdrawn or lapses or from the date the first offer was made?

Cut and pasted from article dated 20 November 17. Mediclinic had had until today to put in a firm offer under UK takeover rules. It said it was �disappointed� not to reach an agreement and remained a �supportive shareholder� as Spire�s biggest investor with a 29.9pc holding. It reserved the right to put in an offer over the next six months. Spire closed on Friday 19 October at 261p, (strangely the share had risen 30p in the 2 days before that weekend). Over the weekend (20-22 October) news came out about Mediclinics approach. If my memory serves me correctly Mediclinics final offer was 315-325p. Shire are now trading at 215p, Ok there has been some not so good figures out but its not a disaster and they seem to be weening themselves off free NHS milk (though i don't think it will be too long before we see the NHS using private hospitals again what with the additional strains brought on by Brexit). They must surely represent a decent M&A target for somebody, especially at low 200's

Christmas came early .....

After Fridays close on the DOW, we should get an opportunity to buy cheaper tomorrow/this week. A company that caters for people that die the UK has little to do with the value of the DOW besides sentiment. This company has already dropped 68% since early November. Any further drop in price will be icing on the future cake, i hope. If you believe the global trend in equities is intact and that the volatility to come is a speed bump in a long journey, then this could work out ok.

i think you are right, if they had baled out of more it would have raised eyebrows. For sure with them all selling they must have known things were deteriorating. But i think adjusting prices is a smart move, they have clout and can still build. I think trouncing a share price 70% for what could be a 13% downturn, is overdone. Its all a question of what markets do in general. Things feel a little bit week presently, may get more selling, might get a better chance to buy. Unfort i went in to early and �9.40 ave, tempted to double up soon,. This is not a carillion,

Sorry bad maths, should have read �8 not �9

On 26 October 17 (and with share trading over �23.50) i wrote "Exactly with inflation touching 3% and the div yield on this a mahusive 1.05% its a pure trading punt. Price should be many points lower. Pointless share" With the recent sell off the dividend is now 3.09%, assuming divi unchanged. Analysts predict the recent changes will mean 13% lower earnings. The share has fallen 70% since November. OK management sold a lot of shares last year but if they were that negative why keep any? Those sales took place around ave �26. The main directors still own 325k shares. �26 minus �9 = �17 x 325k = �5.525mio Thats 5.525mio more they could have taken but didn't.... left on the table. So they still have skin in the game. Loan covenants are well covered. With current weakness in stock markets, if we get another push down, then this share is definItely worth more than a punt. All we need now is a few directors buying, if they aren't locked out, and off we go

In FY2017, full service funerals and simple funerals represented about 60% and 7% of the 68,800 performed by the group, with average prices of GBP3,800 and GBP2,700, respectively, excluding ancillary revenues. The company reduced the price of its simple funeral services by about 25% So 7% of 68,800, call it 5000 discounted 25% It took this decision to protect market share/fend off comp, which is sensible. So the market drubs the share 70% since 10 November this is a crazy over reaction partly fueled by anger towards the directors selling out during 2017 (by the way they are still very long) and the debt levels, which are adequately covered. As buffet says, when it rains gold, put out the bucket, not the thimble.

i heard it was 225p ...

I don't think there was a 50k print at 31.6p, it certainly isn't reflected in the days low, which is 40.0 i am guessing it was 41.6p and came through with a figure error.

https://www.prnewswire.com/news-releases/verifyme-announces-global-product-authentication-service-reseller-agreement-with-micro-focus-300583908.html

I beg to differ, i think this goes higher. Clouds starting to shift.

the recent daily volumes are actually not that high. Trading Bollinger band range 121.5 x 127 hence the price action

Good Post-Close Trading Statement & 6.91% short interest, that should help drive this quite a bit higher

Reason for fall is Innogy plunges on poor results, dragging down sector. On the plus side today Chief Executive Iain Conn bought 100,000 shares at a price of 145 pence each for a total GBP145,000

The hospital operator faced a 5 p.m. Monday deadline in London on the deal, under U.K. law, and was required to make a firm bid or abandon the effort. The company had�raised its offer�to 315.5 pence a share from�300 pence apiece, the U.K. company said in a separate�statement on Monday.

Oil.....

How many days after the first offer must a new offer be made, if at all? whats the dealine?