Re: RNS from Morgan Stanley Hi Davy. Can you copy us the RNS text ? Cheers.R
RNS from Morgan Stanley Can one of the more enlightened on here tell me what the Morgan Stanley RNS means? It looks to me as if they have loaned out 20 million shares or so. Is this the case or do I read it wrong? And who do they loan them to? Is it somebody that needs to close a position or somebody going short that sells them and hopes to buy them back later.Apologies if I have it completely wrong but hopefully somebody here knows what it is and the potential impact on the SP.
Should be.... Pace SP should be approaching £4.32 rounding Arris SP off to $31Good surge required in last couple of hours trading
Re: Treading water Norman - 2 hours and in and we are still there, of course early days but the sells are not taking us down unlike previous days.Arris (New Arris) I agree they have something that Pace do not otherwise it would have been the other way around and the Pace BoD would have taken Arris on instead (though we know that all is not clear why???).Arris has it 'shorter' problems* too, even more so than Pace looking at the numbers.Take this very recent article posted by what can only be someone connected to them[link] million shares 15.11.2015All this aside next target for Pace is £4.50 before 2nd week of December ))
Re: Treading water Getting back to £4 seems to me like pushing a car with the handbrake on! Now I wonder if we can hold this level. I am one who would would stay in and hold arris paper. Perhaps the Arris BOD has what it takes where PIC BOD did not?
Treading water Watching the share price this morning reminds me of a swimmer desperately treading water and trying to keep their head above the water line. In this case the £4 level. It definely seems that there is a strong urge from the powers that be, that the SP should now stay above this important barrier. Keep the faith and hang on in there!!!
Re: What price? I agree with you on this one also XG.There may well be some selling around the £4 mark from a lot of people. But looking forward I think the New-Arris shares may out perform and rise quite substantially. The combined synergy that the two companies will create powerful force and like Xg has said with the strong $ and weaker outlook for the EU as a whole, I think there is plenty of upside for this deal.Interesting times and looks like the Shorter are finally moving ! As I type, we are 40p off £40 !!!! R
Re: What price? I am 95% of a mind to take the initial cash £1.325 per share and then stay on board New (Pace) Arris for a while especially as the Arris SP is currently rising nicely on the healthy short to mid term prospects of the joined force and the other bonus of the $Dollar increasing in strength due to the US interest rate hike (imminent), which is mooted to be a continuous event throughout the quarters of 2016. given that Europe is going to increase the 'quantitative easing'. All this will be good news for US held shares, when the time comes to sell. So unless you really want All your cash think carefully whether to unload just because Pace are back up to a half decent level....... DYOR!
What price? For those of you looking to sell before the takeover is complete, do you have a price in mind at which you will sell? For me it is £4.50 but I doubt Pace hits that now; should have taken it when it was available before. Am I right to stick with this target or do you guys think it should be revised lower?
Tomorrow £4 Yes i know tomorrow never comes - But Tuesday 01-December-2015 Pace will glide through the £4 barrier and it WILL stay above it!!!We need the news on the Pace arris deal to seal the issue............
She's a bird dog Oh how Pace toys with our affections!
10 mins to go and almost there! Its 1620hrs and my app says about 2 pence to go before the magic figure. I bet this is tempting fate, apologies but please please please just a little bit more!
under the radar Creep slowly my precious Pace. Perhaps if you take small steps the powers that be will stop scything. Then again....
Buys to Sells Currently ratio 4 : 1 Buys to Sells and SP up a few pence.....When Arris comes on tap in a few hours we need them to make a big positive announcement.Today is supposed to be Bargain Day!!!
Re: The Deal (if it happens) If the deal/outcome goes beyond Q1 16 they should al least pay the dividend that would have been paid if no Arris approach?