Pace - Live Discussion

xgxg 27 Nov 2015

Re: The Deal (if it happens) Cash as of December 2014 $182 Million

itsnoteasy 27 Nov 2015

Re: The Deal (if it happens) Hi xgxg,On the contrary, if the deal does fail I rather think PIC SP will rise rather than fall back… after all they are profitable and have withheld a dividend from last results so must be accumulating quite a cash balance??cheersine

Rikman63 27 Nov 2015

Re: The Deal (if it happens) Good article XG. As it suggests, if there is no green light by Q1 next yr, then it's going to rattle a lot of people. Something would obviously be causing problems with the US regulators.Also agree that the BOD of PACE have been very poor communicators to their shareholders for some time, and especially since this deal emerged. Self interests playing a part !Where as a full merger will be beneficial to ARRIS, there maybe caveats which they can't swallow - ie selling off some prised assets. I still think it's good to hold onto PACE and also the NEW-ARRIS shares as I think the market will like the combined synergy that the new company will create ! Whether it's going to happen is another question and maybe we should think about other possible scenarios !!!! R.

Norman Barrington 27 Nov 2015

Re: The Deal (if it happens) Good article xgxg, but it makes uncomfortable reading for us shareholders. It certainly rings true to my ears, and I have expressed many times now on this board, my outrage at the BODs indifference to us, the owners of poor old Pace and the resulting underperformance of its shares. I am almost certain that the former CFO shared that outrage. I shall desist from future buy/hold/sell flags, because I no longer have any trust in the management's integrity.

xgxg 27 Nov 2015

The Deal (if it happens) This article now explains the possible unravelling of the Arris/Pace deal very clearly.It also gives a good insight into what Pace are into these days.[link] it does now come unstuck due to the US regulators I think the Pace BoD will have done no one any favours at all due to their lack of motivation for the last 6 months.Just take a look at the pitiful Pace website to see the cobwebs![link] news update May 2015I am concerned what will happen to the SP if the bad news that the deal has truly stalled is announced.Pace were doing well before this deal was announced and on track to be well above their current SP by now and there would have been another dividend............This page makes good reading if you enjoy reading the figures[link] the chart - Look where the SP was in March 2015 and earlier.The deal announcement has not helped us at all!!!!

xgxg 26 Nov 2015

MM's Games Buys again 2:1 over SellsNasdaq closed so additional game playing by the MM'sIt appears that PAce shares are very thin on the ground so this pricing is doubly puzzling to say the least.Not many days left for all of us now............... ))))))))))))))))