Re: Jefferies maint 87p tgt I saw a figure of 82p as the take out price in the Asian edition of the FT at the weekend.More generally, I imagine there are change of control clauses in the licences that CWC operates under. Quite a nightmare for an acquirer and hence probably the muted reaction of the share price to this putative offer. Of course it could be structured as a reverse takeover somehow to get around this issue.
Re: Jefferies maint 87p tgt ***
Re: nice little director buy took a year but all worked out well. sold up now put it into 88E. should double my money on that one a bit quicker than this
Re: Major player in Telecoms industry Wishful thinking. Vodafone was very stingy, what make you think LG would be generous?
Re: Major player in Telecoms industry BACK TO RECENT HIGH ON THIS NEWS.
Major player in Telecoms industry With a turnover of $8.5 billion dollars for the half year to June 2015 and the best part of aBillion Dollars free cash flow Liberty Global are well positioned to welcome CWC to its rankslooks like this may well go ahead to expand LGs global influence.£1 a share at least should be on the cards..
Statement re: Press Speculation For immediate release22 October 2015 Cable & Wireless Communications PlcStatement re: Press SpeculationCable & Wireless Communications Plc ("CWC" or the "Company" (LSE: CWC) notes the recent press speculation and confirms that CWC is in discussions with Liberty Global plc ("Liberty Global" (NASDAQ: LBTYA, LBTYB, LBTYK, LILA and LILAK) regarding a possible shares and cash offer for CWC. Shareholders are advised to take no action. There can be no certainty that any firm offer will be made nor as to the terms on which any firm offer might be made.This statement is being made by CWC without the prior agreement or approval of Liberty Global.Rule 2.6(a) of the Takeover Code (the "Code", requires that Liberty Global, by not later than 5.00 p.m. on 19 November 2015, either announces a firm intention to make an offer for CWC in accordance with Rule 2.7 of the Code or announces that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline can be extended with the consent of the Takeover Panel in accordance with Rule 2.6(c) of the Code.A further announcement will be made as and when appropriate. Last trade:70.00Change: 12.00 (20.68%)
Possible t/over I wondered why the SP hadn't moved on the news and then realized that the press release was after the market closed. So a jump likely on tomorrow's opening - 30%?
Found this good report on CWC Great dividend stock, this infographic shows the recent performance [link]
Re: Jefferies maint 87p tgt MaintainHogg Robinson Group Buy 100 101.0% Canaccord Genuity CorpIP Group Buy 358 70.4% Numis Securities LtdCable & Wireless Communication Buy 87 31.5% Jefferies
Re: Finals Jam tomorrow on a share thats risen by 52% in the last 7 months what planet are you on?
Finals As always with CWC, jam tomorrow.
Back in at 69 Have missed out on a 3p rise while treading water but have now decided to buy back in and stay since this one has just kept nudging up.I suppose I really do accept that this will plod on to the 87 or so is coming while all about the markets are jumping all over the place.Something in the air here.Dar
Re: Rise I would guess that the annual results are looking good so won't expect any sp rise in May.
Rise A decent rise today, is this a re-rating?