Eadwig
07 Nov 2019
The end is nigh @Hardboy, @rhino666, @Ripley94, @Uncle_Doug, @Hardyboy, @g16cos, @nk1999, @Bill1703, @Radaking et al The Beginning Of The End Well, they’re off the market now and its just a matter of waiting for the money to come in. I invested in MERL as a potential UK earner from Brexit after the referendum and GBP drop with my first buy almost exactly 3 years ago and finishing with a final holding average on 3 tranches of @363.94p. Beyond those circumstances I always said I had a 10 year horizon with MERL and the belief they’d end up being taken over by one of the major global media companies eventually. Terrorist attacks in the UK and Europe and the unfortunate mass shooting in Orlando kept the price damped down. Final price 455p or 460.5p inc final divi is well off the highs that were experienced just before the Manchester bomb attack and a pretty disappointing profit of 25% + divis for me over 3 years. The investors taking this private are going to make a lot of money on this deal, I believe, probably paying 100p per share less than they should have. I still think it will end up as part of one of the giant global tech/media companies before too long which is when the new investors will get their big pay day. Shame I can’t participate. Stock MERLIN ENTERTAINME ORD GBP0.01 Event Type Merger Description Scheme of Arrangement Effective date: 4th November 2019 Terms: GBP4.55 in cash for each share held Pay date: 18th November 2019 Merlin Entertainments plc has entered into a Scheme of Arrangement with Berkeley Bidco Limited, effective from 4th November 2019. _ Under the terms of the Scheme, holders will be issued with GBP4.55 in cash in exchange for each Merlin Entertainments plc share held._ _ Cash will be issued to entitled shareholders upon receipt from the company. This may take up to 10 working days from the official pay date of 18th November 2019._
Eadwig
28 Jun 2019
Bullish chart We’ll see. I’m giving it a little while in the hope something else comes along. I don’t think there is any chance of the offer being withdrawn … I just hope MERL don’t kill someone at Alton Towers this summer (again), that might have the bidders re-considering.
Ripley94
28 Jun 2019
Bullish chart I had E p o they accepted offer. Then accepted rival one . And so on , as in share holders interest to except higher offer if it comes. Bidder can not really have hump about it.
Eadwig
28 Jun 2019
Bullish chart Eadwig: Well, in this case it was Recognia software that spotted it. Actually, they missed their prediction by about 6 trading days… -1 for bottom triangle prediction patterns.
Eadwig
28 Jun 2019
Bullish chart Well, in this case it was Recognia software that spotted it. However, if you look back to my initial buys in MERL (2015 I believe) the denoument of my thesis was always that MERL would end up being a take-over target. I’m a little upset that the price is so low (not even as high as all time highs) and I’m only holding 3 tranches having sold 3 recently (for profit). I had a 10 year horizon with this investment, but it looks like private money is going to step in and smarten up the company and then sell it for twice as much to one of the new media giants to help compete with Disney - which is what I always predicted would happen. Its all about Brands, and Lego is one of the world’s strongest. I’m holding at the moment to see if a rival bidder makes a move with the weak GBP and this lowish offer. However, the board look all set to go so they better move quickly! 12 x 2018 EBIDTA looks pretty low to me as a valuation, especially once under new management. Looks like I’m going to have to find a new play on rising world population and the spending power of the middle class across the globe. Any ideas?
Ripley94
28 Jun 2019
limit lifted. MERL… XXXX Maybe it is just a question of patience Green Morning maybe better then others i have dealt with . That is the second ( MCL ) with take overs since giving me views but its been two years .
Ripley94
28 Jun 2019
Bullish chart Looks like you spotted something there Eadwig.
Eadwig
17 May 2019
Bullish chart " Merlin Entertainments PLC forms bullish “Bottom Triangle†chart pattern May 16, 2019 Recognia has detected a “Bottom Triangle†chart pattern formed on Merlin Entertainments PLC (MERL:LSE). This bullish signal indicates that the stock price may rise from the close of 374.10 to the range of 408.00 - 417.00. The pattern formed over 24 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis. Tells Me: The price seems to have reached a bottom, showing signs of reversal as it has broken upward after a period of uncertainty or consolidation. A Bottom Triangle shows two converging trendlines as prices reach lower highs and higher lows. Volume diminishes as the price swings back and forth between an increasingly narrow range reflecting uncertainty in the market direction. Then well before the triangle reaches its apex, the price breaks above the upper trendline with a noticeable increase in volume, confirming this bullish pattern as a reversal of the prior downtrend. This bullish pattern can be seen on the following chart and was detected by Trading Central proprietary pattern recognition technology." image.png658x569 54.9 KB
Uncle_Doug
17 Oct 2018
Trading Statement So they fail even after hottest summer ever. Now will they blame the “good†weather?
BlessMe1975
14 Aug 2018
Shareholder perks Any idea whether the discount code issued as shareholder perk can be used to buy V.I.P family annual pass?
Hardboy
10 May 2018
Re: Message from Eadwig Thanks for posting that g16.All the posters worth reading seemed to have been disappearing - LKH & Eadwig - but it sounds as if he'll be back soon.
k9maggie
10 May 2018
Re: pre 8.00am trading sorry should have typed 3.7p not 1.7p
g16cos
10 May 2018
Message from Eadwig I'm just copying this from the Barclays board. Please read below for update on Eadwig which obviously explains why he hasn't been able to post for some time. I wish him all the best and hope in time that he can return to this board. This board is poorer with the absence of people like Eadwig. Thanks for the concern. I'm physically well but my best friend died in January. I was in the UK looking after my elderly father at the time and on the day of his funeral in Feb my dad had a fall that night resulting in 5 weeks hospitalisation and eventually his death also. For some reason my two siblings very much set against my supposed lack of concern during his illness and after his death. I've no idea where this came from. I was after all spending new year and January in the UK looking after him 24 hours a day as I have done for at least 10 weeks per year for the last 4. Anyway, I've been quite upset by that on top of everything else as I'm sure you can imagine.I'm now back in Poland after missing out on 4 months of my 4 year old's growing up (my sister used to give up one Saturday afternoon per week in her own concern for my dad) and will be slowly easing back into shares which I have dangerously neglected. Despite that I hit my 15% growth target for the tax year 17/18 although I only measured my position on 5th May, so a 13 month year.I'm very much out of touch so don't have a lot to contribute to the board right now but hope to participate more as time goes on. I'd be grateful if you could copy and paste this message somewhere public and appropriate so that anyone else who might be concerned can be brought up to date.Eadwig"
k9maggie
10 May 2018
pre 8.00am trading sorry can someone explain all these 07 - 08 hr (ie pre 8.00) at around 1.7pforgetting the 1.7p price and assuming its a error does city trading start pre 8.00 ??
kjbenja72
27 Apr 2018
Re: Trading Statement Some people still like Wayne Rooney 
