shareordie
07 Apr 2017
Re: Do not pledge your shares "If you are happy with the pledge offer of 116.5 ( currently) and have no confidence that a) it is worth more or that a majority do not think it is worth more and will do likewise and pledge then you should have sold just after the verbal bid at 119.Now you setlle for 2.5 p less - why?"Well it's easy to miss the peak price but it's always easy to see afterwards that it was the peak,so in insight I should have sold at £1.19.I was also waiting to see if another bidder would come along,and I believe that I have waited long enough for one to have shown up,now I believe one won't show up,so I am happy to take the best price I can get now and that happens to be the offer price.Also before today's high it was at £1.14 or there about.I have already sold half at above today's price and the rest I will wait for the offer.
c3pow
07 Apr 2017
Re: Do not pledge your shares If you are happy with the pledge offer of 116.5 ( currently) and have no confidence that a) it is worth more or that a majority do not think it is worth more and will do likewise and pledge then you should have sold just after the verbal bid at 119.Now you setlle for 2.5 p less - why?You could sell today for 115.5But you want that extra pennyIf you believe the price will fall after an unsuccessful bid. you definitely should have sold at 119.Your plan is incoherent.If this company wasn't worth more than 117- Delek would not be after itHold fast if you believe,You've missed the best chance if you don't.Do not pledge your shares if successful they'll extend by 14 days anyway.
Mome Wrath
05 Apr 2017
Exchange rate Bid now worth:-1.95 CAD =1.16768GBP Canadian Dollar 1 CAD = 0.598810 GBP↔British Pound1 GBP = 1.66998 CAD
shareordie
04 Apr 2017
Re: Do not pledge your shares I sold half a while ago,and I have pledged the other half yesterday.I don't think anything else will happen,and I can use the cash to invest in something else.I am concerned if enough don't accept this would drop like a stone afterwards.And if you sell in the market you can only get what the market offers that day,if it offers £1.00 that's all you will get.I bought enough at a good price for me to make a very good profit so I have pledged.
pannon
03 Apr 2017
Re: Article 50 and the exchange rate The Govt need to do its sums on Uks share of assets they have helped to buy over the last 40 years (depreciated of course). Then slap the EU with a counter bill...Id like to see what that would be.
pannon
03 Apr 2017
Re: $70 a bbl Predicition Heard it all before...no one can really predict the POO ...
Isla Fercombe-Hall
03 Apr 2017
$70 a bbl Predicition [link]
Mr Papillon
31 Mar 2017
Re: Recieved my letter from my broker Apologies sceptical should read as accept
Mr Papillon
31 Mar 2017
Recieved my letter from my broker If I wish to sell I just need to sceptical the offer.If I don't wish to sell, I need to do nothing and they will write to me in due course.What is everyone else thinking? Do we know what the institution's are doing?
middler2
30 Mar 2017
Re: Do not pledge your shares Seems a good strategy to me. I think the directors thought it was a good bid at the time but who knows about POO in the near future ansdell what will GSA reveal. Sadly it is all a bit last minute utensils.
dede s
29 Mar 2017
Do not pledge your shares As I understand the Delek offer you have no real benefit by pledging your shares.If you do pledge you are not free to sell should the price rise following another offer, prior to 20 April.If the deal fails to get sufficient shares, the price will no doubt fall the next trading day (21 April)you will then be worse off (hopefully short term only - unless the directors are right, that IAE needs the offer)If Delek get the required % then you will get the C$1.95 anyway.I am certain if the Delek deal fails, share will drop, so my plan is to make my decision to sell am on the 20 April, when I expect the share price to be close to the C$1.95 equivalent. then if the deal goes thru then I will have got pretty much the offer price, and if the deal fails I will have the cash from the sale to buy back in more shares than I now hold.Any views on this strategy?
shareordie
29 Mar 2017
Re: Article 50 and the exchange rate I wouldn't worry about it,every one else in the world is ok out of the EU,the media are just dramatising it all.Only net exporters benefit from 0 tariffs,and we are a net importer so we would gain money by having tariffs it's not a problem.Our biggest problem is if our government offers to pay money to them for a lame deal.We would be better with no deal than give them the 50 odd billion up front.
killermanjarrow
28 Mar 2017
Re: Article 50 and the exchange rate If it looks like a hard brexit is the most likely outcome then I think the pound will have to fall. Given the difficulty of the negotiations I think it's a possibility but who knows how it's going to turn out!
shareordie
28 Mar 2017
Re: Article 50 and the exchange rate I can't see anything happening much,it should be priced in by now.
killermanjarrow
28 Mar 2017
Article 50 and the exchange rate Here's hoping that serving article 50 tomorrow will devalue the pound against the canadian dollar!
