The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Ahhh right, forgive me, I am not too familiar with what has been happening of late. So with that in mind, when can we (if there is one) expect an increased bid, or a walk away?
That said, others are still buying: see todays RNS So I literally have no idea. Switching off from this for a while as I believe there are easier stocks to trade at the moment.
I'm not so sure anymore. I am still holding but I cant help but feel that GS offloading is a bad sign particularly given that they are in at higher than 19p........ I also believe that if another offer was inbound the market would have had a sniff of it by now?
l still believe something fishy is going on
Exactly Whats that plebs email address again: I'm going to email him... you know, the weed who gives generic answers.
If GS have sold out do we think the deal is done? Starting to p*ss me off now
If that's the case fair enough from a strategy point of view but then why buy? If the RNS state that they bought above 3% and then above 4% they were clearly acquiring shares, why, if they intended to off load? Maybe someone can shed light on this?
cant see any benefit to doing that what so ever. Sure I read that they held at circa 30p. why sell at 19 when the deal is 20? Pathetic
GS buy above 4% and then sell to bring themselves back below 3% All for no gain...... I don't get it
I completely agree Maybe they are building a position to force a "No" vote? I cant see why they would be increasing their holdings if the 20p offer was a dead cert. Unless of course they are trying to minimise their loses from circa 30p. Be interesting to see how this week pans out
that's how ive read it yes
Goldman wouldn't be buying for a measly 2% return that's for sure exciting
I think its worth holding. Why sell at 19.00 when we know the offer is 20p? Of course Hytera could revoke their offer but I doubt it. So we know 20p is our benchmark I'm hoping for a counter offer or a No vote. Holding long definitely. I could quite easily be wrong and make no money here but I'm happy to stand by my word. No point in selling at this stage for me. Unless of course you got in at say 14p then you may be wise to sell.
totally agree its all "if" and its a big "if" I suppose I'm just not willing to accept the fact that the BoD would allow this to go for 20p.
"it will provide certainty for shareholders" certainly will if it has been implemented to create a bidding war as opposed to shafting shareholders.
Hope everyone is having a lovely holiday, just checking in while I have five minutes I personally think another offer is incoming. don't understand why any of the big boys (whether hendos or other) would be buying now if they didn't suspect something was going on. A 2.5% profit for an organisation with the overheads of Hendos, wouldn't pay. In my opinion, they know another offer is being tabled.... lets be honest they've been in the know all the while, manipulating the sp to ensure they made profit on the first offer, now they are back in for the second. Where the offer is coming from is anyones guess: Hytera, Motorola, the guy down the road, who knows. The responses I have received from Sepura have been very wishy washy which would suggest more is going on than meets the eye. Wishing everyone the best of luck genuinely. AK do you mean you follow Hendos investments and follow their strategy?
People are buying in because it's printing money from here (in my opinion) Let's say you have £5k to invest You pop your £5k into an isa for a year and earn circa 1-2% You buy some bonds (boring zzzzzz) You put your £5k into sepu @ this price and you are more or less guaranteed your 2.5% ROI within a month or so. That's my reasoning anyhow. Those buying in now are more or less guaranteed their relatively comfortable ROI. Should the deal fall through then the sp will recover naturally. Should a counter offer come in then the sp will rise Only downside from here is the relatively short period of retrace should the deal fall through If I had spare cash floating around I would be buying
See the board getting the required % for a yes vote. So they have a few options from this point onwards (in my opinion) They relay their worries back to hytera who come back with a better offer (same premium based on the price at close of play when the offer came in would be in the right direction) They hope for a counter offer from a Motorola or other big boy thus creating a bidding war (would also be nice) Or they simply walk away from take over discussions and move forward as sepura: given that they have recruited a turnaround specialist and have won contracts this too would be a nice ending to a rather turbulent H2 Either way, I wouldn't be selling now (this is not a recommendation it's just my opinion) I don't consider myself to be a well versed investor, nor do I proclaim to know what will happen, as truth is, none of us do, but I just don't see the sense in selling at this level. I will put my money where my mouth is and if I lose so be it Good luck all
Devils advocate here but why would hendersons sell sh*t loads of shares pre-offer and then buy sh*t loads post offer My guess is that they know something else is incoming Counter offer
Personally, I am going to hold and see what this week brings. Can't see the 20p offer going through and strongly believe another offer will come. Obviously I could be wrong and this could all be signed sealed and delivered already but I'm willing to see how this pans out I wish everyone the best of luck and genuinely hope everyone gets at least their initial investment back!