http://www.casinoonline.co.uk/blog/ladbrokes-edge-nearer-sportingbet-takeover-110823
he first news that surfaced regarding Ladbrokes' takeover of Sportingbet emerged some time ago. However, in the previous months this deal has taken a back seat while Richard Glynn and his 'galvanised' company have made numerous changes.
But, thanks to court approval in Australia, the deal could well be back on. This is due to Sportingbet receiving approval for their bid to take control of Centrebet. Should this bid be successful then Sportingbet will be one step closer to meeting the demands laid out by Ladbrokes.
The most important of these demands was for the company to only work in regulated markets, meaning that the Harrow-based company refused to deal with any form of illegal gambling. Following Sportingbet's successful acquisition of Centrebet their share of earnings from regulated markets will increase to 30%.
This number would increase even more if they manage to sell their Turkish operations. These moves show a clear intent for Sportingbet to do a deal with Ladbrokes and could well be the catalyst for the completion of a takeover. As Sportingbet's products mainly focus on sports betting options, it's unlikely that Ladbrokes casino customers will notice much of a difference to their play.
Was berated the other day for suggesting a T/O was not on the agenda despite good rampers efforts
Despite what it says here the transaction was a sell.
ARM Holdings plc (the "Company") announces that Mike Inglis, who is a Director of the Company, today sold 150,000 shares at a price of 557.31 pence per share. His total resultant shareholding is 100,775 shares.
http://www.investegate.co.uk/Article.aspx?id=201109011147504385N
If a T/O was imminent he'd have held on - LOL
Oh i have
I first bought arm shares in 98/99 for 190 and sold for over £6 a year later with share splits etc
There was T/O rumours back then as well
http://www.digitallook.com/companyresearch/10111/ARM_Holdings/company_news.html
Anyway the good news is Arm will go up today - as will most FTSE shares boyed by DJ rising
GL with you 'promotion' of it anyway
I think we could see further lows in the next few few months - a T/O would be at a greater level than his but don't think it is an option at the moment
March 8th 2011 - An article called 5 x overpriced stocks
ARM Holdings, PLC. (ARMH) shares are trading at $28.79. ARM Holdings designs and sells microprocessors. The shares currently trade well above the 50 day moving average of $26.23 and the 200 day moving average of $18.60. Earnings estimates for ARMH are about 46 cents per share for 2011 and about 75 cents for 2012. This puts the PE ratio around 46!
I believe the extremely generous stock prices in these names represents a solid opportunity to cash in and rotate into less expensive stocks, as these could drop sharply from very lofty levels. I would also note that some of these names are seeing repeated insider selling.
Some other interesting info:
http://www.fool.com/investing/high-growth/2011/04/07/is-arm-holdings-the-perfect-stock.aspx
Not sure why you are ramping this - you seem very jumpy that this should go up asap - no matter the state of the economy. You also seem to need to feel right all the time - not sure why
I sold out of these at 650 just after a few directors sold at 621 after reading the report that said that ARM were over-valued. I have since read Arm's own warnings
"We are mindful of the bigger picture and the semiconductor industry is likely to have a year of much less growth next year than this year, we can still within that context be relatively positive as ARM."
Not sure why any newbies would buy after seeing another newbie post.
These will be a buy again - but not just yet.
Calc
A US billion has 9 zeros
so 10 billion is 10,000,000,000
divided by the shares in issue 243,427 - 41.08 us dollars a share - £24.93 each ish
Anyone check my maths???
Haha
Thats more like it - up 7.7% and in auction
The MM's tried to bring it down after the rns - and had to take it up instead.
My limit sell didn't trigger at 84.5 - so I sold it at 86 instead!!