Member Info for TheMoneyShark

RT003 - ‘Why this character is allowed to continue to be an offensive oaf to all and sundry god alone knows LSE ?’

This character…..offensive, yes. An ‘oaf’…. Not really given the fact that I’m consistently correct and factually accurate.

I’m still waiting for the day that you post anything of any use to anyone. Are you an actual human or are you a bot? Lol.

IsleworthSpy - ‘I don't get it.’

That’s because you’re a box carrying thicko. If you had any wits about you you’d have done something decent with your life. But you haven’t, have you?

‘So. For the experts on this board: Please tell me why the share price is not at 320p at least. Daniel thinks it's worth it. Why does nobody else?’

Again, this is all way above your head. Just Because there’s been a rejected bid the market will do as it pleases. And quite frankly who cares?

The important thing is what DK thinks because ultimately that’s what’s going to make a large sum land in my account. Not your incessant whining.

JP Morgan, Peel Hunt and RedWheel…..you know, those other big boys with plenty of skin in the game here have made it clear what they think…..for those with the ‘nouce’ to find out useful information.

What is Ian Lance prepared to take for his 10% birdbrain?

Take as much time as you need spud. Lol.

RGPostie’s argument is nonsense printed off the government’s website. lol. He’s either misinterpreted the National Security and investment decision of he’s extremely delusional like a few others here.

Kretinsky’s offer was not for 30%, it was for 50%, it wasn’t for 75%…….it was a cash off to buy ALL outstanding shares and to own 100% of the company at 320p a share. It’s very simple.

Where is the National Security and Investment intervention for the posties and the Liberum analysts……lol?

The anvil of reality is going to land soon enough I would imagine.

On your own link the part you left out….

‘Following careful consideration, the government will take no further action on the acquisition of increased shareholdings by Vesa Equity Investment in Royal Mail and a Final Notification has been issued to parties.’

The government will take NO FURTHER ACTION.

That’s a bit of a clue.

RGPostie - Clutching at straws much?

VESA can purchase the shares they don’t own in International Distributions Services.

Don’t believe me? Just watch what happens up to the 15th May. You won’t have to wait long.

Where’s the blockade on the bid that’s already been made for the company? It would be very easy for the government go end the bid now if there was an issue……..

But there isn’t a blockade and not as much as a whisper from parliament because it’s been given the green light.

Andybmckenzie - What barriers are you talking about exactly?

This offer has to be settled by 15th May as per the rules of takeover so the election will have f*ck all to do with it?

And for the fifth time, Kretinsky and VESA were cleared last year by the government to do as he likes with International Distributions Services…..

Care to elaborate?

Simx - Yes, I think Seidenberg is the real deal. You only have to look at what he’s done with GLS to see that he’s a very competent CEO and he knows how to run a successful business, especially in this sector. I think you’re right that IDS will go from strength to strength under his leadership.

There are alot of ‘ifs’ and ‘buts’ at the moment…..I agree that IDS could go onto be a very good business under the new structure but we may not get a choice of holding if Kretinsky buys out the shares an delists…..

Which is why I think he’s going to have to rethink and come back in with an offer closer to 400p if we wants to get the majority of holders to part with their shares.

Simx - Good post.

It’s good to see that the economy is turning a corner….but the geopolitical tensions around the world is concerning at the moment. Russia/Ukraine is ongoing and the situation in the Middle East is not looking good.

I think as inflationary pressures start to ease it could be replaced by geopolitical concerns……but I’m hoping some of the situations will start to curtail over the next 12 months.

I agree that this is the perfect time for DK to step in…..’buy when there is blood in the streets’ as the old saying goes.

Polishcap - ‘What is kretinsky average’

We don’t know. We could try to guess but the point is he’s been buying these shares for a good number of years now and he clearly has an interest in this sector….

He isn’t like the rest of us sat on a laptop looking at his interactive investor account hoping to make a few grand lol.

450p wouldn’t be worth him getting out of bed in the morning. He’d be much happier holding his shares for another 10 years and growing his empire.

Schwee - ‘What he paid is not relevant. It is what he would accept that is relevant.’

What he paid isn’t relevant? Lol.

Kretinsky isn’t going to accept 450p for his shares and I highly doubt any other bidders will enter this race.

PostmanPatCat - ‘No this is called decency instead of greed!

Maybe you called learn something‘

I don’t think I’ll be learning anything from you buddy as you don’t sound the brightest. And that’s being generous. Lol.

Polishcap - There isn’t a chance in hell that Kretinsky would see his shares for 450p given he was buying them at over 500p. Lol.

I think you were accurate at 700p for another bidder to enter this race. Which isn’t going to happen.

Polishcap - It’s not impossible but I can’t see any other bidders entering the race with Kretinsky having 27% ownership….

Other bidders would have to REALLY pay over the odds to even entertain the idea of Kretinsky parting with his 27%.

I can’t see it personally.

PostmanPatCat - hahahaha!

‘Why is that a Marxist view?!’

Then you give the most Marxist doctrine imaginable……

‘Giving the general public a good service should always be at the forefront. Instead of stripping a service just to make shareholders wealthy! Look at all our services in this country that are privatised all rubbish!

What is wrong with doing good for people instead of it all being about greed?!’

That IS the definition of the Marxist doctrine fella.

PostmanPatCat - ‘Let’s hope this hope this doesn’t go through before a general election and labour come to power and renationalise Royal Mail and make it back into a service that that the British public deserve’

That’s a lovely Marxist dream you’ve got there buddy. But unfortunately the anvil of reality is about to land on your big toe…….

Firstly, this will ‘go through’ by the 15th May as the rules of takeover states he now either makes an acceptable offer or he walks away…..

Second, Royal isn’t going to be renationalised. Not by any government, including Labour. It was even said by hyper left wing Mr. Unions himself Darren Jones that Royal Mail would not go back into national ownership.

I think you need a new dream fella.

Talk2Much - ‘I remember reading from you guys on this very forum that if DK hits 30% he has to put a bid at his lowest price paid in the last 12 months, which would be easy wouldn't it?’

Yes, DK and VESA were obliged to offer AT LEAST the lowest price paid in the last 12 month period……but the offer was much much higher than that and it was still outright rejected….and rightfully so.

The shareholders hold the power. ALL shareholders not just institutional. Any offer that the board think is worth putting to shareholders will be put forward by ballot with a recommendation of either accept or reject based on what they ‘think’ is acceptable.

A lot of OliGarch misinformation still swirling around here and given he’s pretending not to read my posts I’ll just clarify the situation for people…..

‘So, the largest shareholders have turned down the initial offer from VESA’

The largest shareholders haven’t turned down anything. The board have outright rejected the bid and they wouldn’t put anything to the shareholders both institutional and private investors until they think there is an offer they think is worth considering.

‘If that's the case then these institutions will have already made up their mind that they are happy with that figure and the deal will be rubber stamped or does it still have to go through the formality of balloting every shareholder?’

Oligarch doesn’t know his a*se from his elbow, clearly. Once the board have an offer they think will be worth putting to shareholders they will ballot ALL shareholders whether they want to accept or reject the offer.

Don’t let clueless idiots like OliGarch confuse or misinform you.

Hounddog10 - Thanks for the more in depth information on the 8.3 and 8.5 forms.

I’ve seen these forms coming through on other companies I’ve been invested in when there’s a takeover going through. I haven’t really paid too much attention to them personally but you are correct that you can gauge institutional activity throughout the bidding process if it’s important to your investment decisions.

Sid786 - ‘Plus I think he would want to complete the deal before a possible labour government comes into power’

Yes, I agree.

There are a few market forces which have aligned for Kretinsky and he knows it’s now or never. A labour government in power could certainly put a block on the deal so now is the time.

He’s also jumping on the weakness of the share price which we’ll help him to drive a hard bargain but at the end of the day he’s going to have to cough up if he wants this company because I don’t think shareholders or the board will let it go on the cheap.

Sid786 - Mr K doesn’t need to be in touch with the government dept or the business secretary at this point because he and his private equity firm have already been through the necessary formal process to bid for this company if they so wish.

The people clinging onto the hopes of government intervention are either desperate, delusional or both.

This is now between Kretinsky/VESA, the board and the shareholders. Either a deal will be struck or they’ll walk away but the government won’t do anything at this point.

Where are the hordes of MP’s taking to the streets after yesterday’s news? There weren’t any because it’s passed that.