The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Although shorted up to 5% .....this old dog might have more teeth that some punters believe! Give usTHE money!
http://uk.reuters.com/article/2014/02/25/uk-ladbrokes-results-idUKBREA1O0AE20140225 Just ok....
I would believe that any share appreciation to or above 60p would be more than enough to many. The issue here is massive cost savings in UK and Europe plus defense against upcoming AO and Phone4U, more investment on online and a much better mobile stock to sell through DXNS. It does make a hell of a good sence if you ask me, but big issues would need to be resolved with founders/large stock holders in CWR and that is not a straightforward conclusion. I had QE telling me on MRW that it makes sense that she bought CWR today which is something I do not believe.... The issue is to buy BEFORE the news not on the news as the mark up is large and any potential significant higher price would only stretch tight finance IMO. But would you invest your DXNS holding on the combined CWR & DXNS vehicle? I tend to believe we would.
The more people in the trade I speak the better comments I hear. Most say that at a first look they like the proposal. As both companies have many areas of synergies and cost efficiencies it looks on the cards as a good match. As both companies have same capitalization it looks like an all share straight deal. But the cumulative vehicle that would be formed would also be a very interesting proposal to invest in and at a first look a good one to be invested in with lots of cost cutting and mutual gains and benefits to be realized in several areas. High street has become a very taught place to be in and merger suggestions with their cost savings like this one, make sense as the move away from high street and to online continues unabated.
I have set up 2 orders up around 63p ....just in case ....as I am going to be away from my desk this afternoonLOL That would still leave space for further selling for higher....
http://uk.finance.yahoo.com/news/mothercare-boss-ian-calver-quits-100150465.html For whoever might have missed that bit of late news...
I eventually manage to get hold of him on his mobile. I asked him what's up and if he was sweating.... Are you sweating mate I asked.... Yep...I got....HAHAHA
I still can not get to this person on the other line....HAHAHAHA
We bought some in LAD....on yield....still have over 5 Mio in portfiolios and proprietary
We had to sell 730K shares at 49.4 ish average ...still large amount to sell higher up ...
We made a purchase today [ in stages] ...speculative on the basis of DXNS takeover talk.... lets see..... will top up if price moves south...
I can only say that I have called to get a quote [ allegedly...;) a known shorter...and it was impossible to talk to the MM...they were busy....and they would call back later... I leave it to you to judge...HAHAHAH
I can see some of them ....fighting for stock now...truly they are? HAHAHA....
Apologies to other BB members but I have to point to QE...that penny share she mentioned in that always pathetic mode she has ...DXNS...OMG! I am still laughing about your post....Official merger talks eh? tststs....
We bought 233K shares in many lots today at 47.23 average just before the big jump stopped us. Never mind.... every little helps.... I wish it gets again to 44p as we will conclude the trade ;)
We bought some more ;)
http://www.telegraph.co.uk/finance/newsbysector/epic/lad/10656087/Ladbrokes-chief-gets-World-Cup-deadline-from-investors.html ...and about time I would add...
If you do a check on the traded volume trade by trade over the past say 2 months you will soon find out that someone is buying in lots of two/three. Instead of saying say 20000 shares they buy two lots of 10000 probably from different MM. Same story today if you check. For sure someone is steadily offloading but also it should not passed unnoticed that someone else is steadily accumulating. Who will be the winner? IMO as the UK recovery is gaining momentum so will NTG share appreciate. It is IMO highly possible that someone might just have their eyes on the stock. We as I have mentioned before are not sellers although we are sitting an almost 110% profit. GL to all those silent BB members long on the stock.
Very resilient so far. IMO possibly something is brewing....
....and are now probably start chasing up shares to close it....lol