Ripley94
31 Jul 2019
Take-Off HMSO… XXXXX 223p now sector in some trouble . INTU down 30% today maybe why this dropped another 6%
II Editor
22 May 2018
NEW ARTICLE: Will FTSE 100 hit 8,000? The case for and against "The @GB:UKX:FTSE 100 index on 21 May broke through 7,800 points mark for the first time. The milestone, however, was not greeted with the same sort of investor optimism as the index enjoyed back at its 1999 peak of above 6,900, shortly before the ..."[link]
janebolacha
18 Apr 2018
Re: Lessons from Canary Wharf I disagree completely. As an investor, the goal is to maximise one's own returns. Flying the flag would be great if everyone did it but they don't, do they. The British owners of properties such as shopping centres and office blocks would not hesitate one second before putting rents up to the very maximum they could extract from other British businesses. Flying the flag in our personal lives and personal opinions is one thing but doing so in our investing, no, no way, unless the British businesses we invest in play fair with us.
pearlsasinger
18 Apr 2018
Re: APG seeks to block INTU takeover Hammerson has this morning announced that it is no longerrecommending the INTU takeover.I expect resignations.
schwee
18 Apr 2018
Re: Lessons from Canary Wharf Sadly it was ever thus with the bloodsucking City.After a couple of months of shambles at HMSO, culminating in withdrawing from INTU, the same fate awaits. One hope is for the CEO to be replaced PDQ.
soothsayer2
17 Apr 2018
Lessons from Canary Wharf Was in Canary Wharf, London today and saw first hand the amazing, amazing estate and its surroundings that has come up.......mirrors the exciting developments at Wembley Park (Quintain Estates).I had shares in both of these, share prices were under huge pressure in early 2000s, traded at huge discounts to NAV and both sets of shareholders meekly voted through takeovers by foreign companies at slight premia to share prices. In hindsight, extremely foolish succumbing by shareholders to the lure of immediate cash.Just imagine if these Gems were still in British hands! Don’t let the French get Brent Cross, Oracle, Bicester etc for short term temptations!!!!!
pearlsasinger
17 Apr 2018
APG seeks to block INTU takeover APG- a Dutch pension fund manager is seeking to block the INTU move.(source FT 130418)This - I believe has contributed to the rebound in HMSO sp - post Klepierre withdrawaland initial sp drop.APG is recorded as holding 7.19 % of Hammerson shares. We all will have a vote shortly.
Johnoooo
16 Apr 2018
Re: Hold your Nerve Maybe the huge discount to NAV is because the NAV is unbelievable and falling due to retail woes and some poor assets!! Question is where the real NAV is today and will be in 1 or 2 years!
soothsayer2
16 Apr 2018
Re: Hold your Nerve You say Jam Tomorrow, others would say Long Term thinking vs. City short term greed....Speaking of other examples, I can recall RSA Group turning down a huge premium offer from the Swiss, amidst howls of protest from short term holders, and now they have well surpassed that offer price......
Profitcruncher
13 Apr 2018
Re: Hold your Nerve what would you rather have : Jam tomorrow or hard cash today?I hold Astra- remember when they turned down £55 offer in May 2014. SP has never been close since.I'll buy a hat and then eat it if this is £6 by December.
soothsayer2
13 Apr 2018
Hold your Nerve Hammerson is buying Intu at a very attractive price, huge discount to NAV. The transaction should increase eps, nav and dividends of Hammerson. Plus, given the overlap, every chance of achieving the promised synergies, which would further enhance earnings and dividends....
Johnoooo
13 Apr 2018
Re: Generous offer In the words of Trump......bad, bad decision!Will be years before share price hits £6 and buying Intu will make it a whole lot worse (IMO).
Profitcruncher
13 Apr 2018
Re: Generous offer The proposed offer was £6.35, in shares and cash.Board rejected it. now we're back to £4.50.What confidence do you have in the Board to get the business to perform so well that in a years time the share price will be £6? I have a big ZERO in the confidence stakes.
Profitcruncher
12 Apr 2018
Generous offer They can have my shares for £6
pearlsasinger
11 Apr 2018
Re: The increased 635 offer regected. Except that -the day before the Klepierre approach was disclosed-you could buy Hammerson for 433p.Whatever happens - it seems to me that Hammerson is in play and this situation will endure unless they successfully swallow INTU and quickly thereafter demonstrate the value in that move.(holder)
