Member Info for TimTactics

Agreed - have never seen an RNS like that.

I guess Huntress have concluded that the discount isn't going to close anytime soon and the best option to recoup their investment is an orderly liquidation. I'm sure they will have also assessed the value of the assets and don't see any potential risk in the sales process.

I suspect they may well have sounded out other large shareholders and have had a positive reaction.

I'm not sure what the impact on the share price will be as the Board haven't managed to move it despite the buybacks, plus a disposal programme would probably take a few years to complete.

Good announcement today - securing additional capital while retaining control - will hopefully help balance out the revenue peaks and troughs that seem to hound this business

Was surprised to see that the CEO has actually stated in the half year report, that the company have been "laser focused on our sales pipeline."

Isn't that what he/they should have been doing all along?

No wonder this business is declining. I suspect the new CEO will be actively looking to sell the company and quickly.

Have written off ever seeing my investment back on this one.

Well Concord appears to be calling Blackstone's bluff over the HSM call option, so will Blackstone respond with a higher bid, or will they prompt HSM into legal action?

Well the new BOD have played a blinder! One bid on the table and another being lined up - looks like there's plenty of value in the portfolio after all.

Good to have a exit from this one - any views on the likelihood of a competing bid emerging?

Another skeleton revealed - time to give HSM notice.

Seems to be well supported at these levels. The new board members bought shares in November and the Chairman's honest appraisal of the issues feels like a breath of fresh air - plus the large investers (holding 60%) appear to be on board. A 10% revenue growth should also provide more options to those conducting the strategic review.

Interesting that after todays announcement the share price has come back up, despite there being no dividends for a while. Seems to be a lot of buyers at these prices.

Hmmm don't petrol and diesel fueled cars burst into flames too?

Does anyone have a view on the likely interim dividend level to be announced on the 10th August? I haven't been able to find a forecast, plus there's the move to two payments per annum to take into account. Appreciate your thoughts.

Thanks Svend - will have a stab at a range.

Hi - does anyone have a view on the likely dividend level next year - based on the Company's declared dividend policy? I'm in the process of working out my share income and would appreciate thoughts on Atalaya's position. Thanks

Sky News reporting a US private equity firm running the ruler over Morrisons - a further shake up in the sector following Asda's deal a possibility

The market may also be thinking about the bank and a possible drag on profits.

Hi eye-wink, I'm in the same boat with some of the dividend attracting 32.5% tax, after taking steps to shelter a proportion of my shares in tax free wrappers. I've decided to sell my balance and avoid the tax hit and see how things pan out post consolidation. I hope that at last all the measures that have taken over the last few years will get the share up and over the £3 mark, where it should be, but I'm also conscious that post Covid, money may well shift from defensive to growth stocks. Time will tell.