Re: RNS Cash Offer fieldsman.......LONDON--M.P. Evans Group PLC (MPE.LN), an Asian palm-oil and real-estate company, Tuesday rejected a 360.5 million pound ($440 million) offer from Malaysia's Kuala Lumpur Kepong Bhd (2445.KU).Conglomerate KLK said it made an offer worth 642.25 pence a share, including a 2.25 pence dividend, earlier this month, which the M.P. Evans board rejected on Oct. 13.Shares in MP Evans, which has palm oil plantations in Indonesia and real estate in Malaysia, jumped 45% to 620 pence.MP Evans said the offer was wholly inadequate and substantially undervalued the company, its unique position and its future growth potential.The group said it would make a further announcement on the offer, but in the meantime, urged shareholders to take no action in relation to shares. Write to Rory Gallivan at [email protected]; Twitter: @RoryGallivan (END) Dow Jones NewswiresOctober 25, 2016 105 ET (145 GMT)Copyright (c) 2016 Dow Jones & Company, Inc.SAGE
Re: RNS Cash Offer Board don't seem so keen - perhaps its just the price?
RNS Cash Offer How nice !!SAGE
Media speculation The board notes recent media speculation :[link]
Unaudited preliminary results 2015 A classic example of diversification. Congratulations.[link]
Valuation and growth of M.P. Evans Group I found this website that uses analysts estimates of free cash flow to find intrinsic value. Looks promising for M.P. Evans Group: [link]
VSA Capital thinks Palm Oil "worth a punt" [link]
Re: OFFERS A Limit buy today went through.
Key crops and key areas Is there a risk to MPEvans from the effects of an El Nino ?SAGE
OFFERS A II 29 MAY.Any reason for fall back ?