Re: 3.4% UP against the tide And .....down again
3.4% UP against the tide Anyone know why DFS performed so well yesterday, in the face of a FTSE 100 1.88% drop and virtually all sectors down across the board?Something definitely going on, but I can't find any RNS or comments to indicate what it might be.
Re: Good or bad news ? I think it was done early today so it should be in the price.lets see.
Re: Good or bad news ? It will be interesting to see the opening SP tomorrow.
Good or bad news ? Private equity firm Advent International has agreed to sell a 15 per cent shareholding in sofa retailer and manufacturer DFS, raising £94.4m. Following the sale, Advent will own approximately 38.2 per cent of DFS' issued share capital.Founded in 1969 by Lord Kirkham, DFS has grown to become the largest sofa retailer in the UK. The Doncaster-headquartered business, which was acquired by Advent in 2010, has more than 100 stores across the UK, Ireland and the Netherlands.DFS, which floated earlier this year, has grown revenues in recent years by increasing market share organically and through the acquisition of Dwell and Sofa Workshop.Advent's share sale was conducted by means of an accelerated bookbuilt secondary placing to institutional investors. Jefferies International and UBS acted as bookrunners and placing agents in relation to the placing. Not seen an official mention by them (DFS YET)Tiger
Please explain Why does the bid price suddenly drop quite dramatically only to recover not long after?
Large Volume A lot of shares traded, mostly buys from what I can see.Any ideas why or who may be buying?
Broker Views A couple of Broker views - Buy with a target of 330p.Nice.[link]
false price? In connection with the offer of the above securities, the Stabilisation Manager may over-allot the securities or effect transactions with a view to supporting the market price of the securities at a level higher than that which might otherwise prevail. However, there is no assurance that the Stabilisation Manager will take any Stabilisation action and any Stabilisation action, if begun, may be ended at any time. Any stabilisation action or over-allotment shall be conducted in accordance with all applicable laws and rules.
Re: What a con Still - better than you would get in the bank in ten years!
Re: What a con I have sold them for a measly £10 profit
Re: What a con You may be able to buy cheaper by the end of the day!!Tiger
What a con Applied for £1500 worth and is received £522. They got it in for small investors