Equity Share Lord
19 Oct 2016
Re: Next steps Worst kite flying ever given that they ruled out coming back with a slightly bigger kite on day 1.
pike fisherman
18 Oct 2016
Re: Next steps I expected 700p but not 715p. The 650p was much too low and flying a kite. Well done the board.
farmerdave
18 Oct 2016
Over well done those hat held on
Peermade
11 Oct 2016
Re: Next steps I just realised that Harbourvest sounds like a life jacket.
pike fisherman
10 Oct 2016
Re: Next steps This morning the plot thickens. I think it will end near 700p per share.
pike fisherman
07 Oct 2016
Re: Next steps Old Mutual have withdrawn their letter of intent so the Bico support is draining away fast. Interesting to see what happens.
farmerdave
07 Oct 2016
Next steps Be interesting what the next steps are - does Bidco make a bid for some of the assets or block sale to GS ?FD
farmerdave
06 Oct 2016
Re: Goldman Canadian No original bidder can't in next 6 months but GS bid is also contingent on the original bidder not succeeding - have to wait a few days to find outFD
Equity Share Lord
06 Oct 2016
Re: Goldman Canadian Can they rebid in the next 6 months given that their offer was a final offer?
pike fisherman
06 Oct 2016
Re: Goldman Canadian Will the original bidder now withdraw their offer and rebid. The pound has weakened so can do so. I think it's a case of watch this space.Re personalities, no one likes to be a forced seller. Private equity egos are worse than normal people. They like to be in control.
farmerdave
06 Oct 2016
Re: Goldman + Canadian 680 in 3-6 months - 4.6% above 650 now (although the bid would take a couple of months for cash to come through) 2.2% above todays cash price 4Seems we are talking about last few pence after a large run up - is it me or does this seem more about personalities than about getting the best for the shareholders ?FD
Peermade
05 Oct 2016
Re: Goldman + Canadian Ah Goldman, did someone once say something about deep sea creatures. A decent bid Ummm not very likely as a guess £6.60 might be their best, with strings attached of course.
pike fisherman
05 Oct 2016
Goldman + Canadian Interesting. Hope they make a decent bid for the portfolio. Am holding.
Peermade
05 Oct 2016
Re: Out Well FD you made the right move and I expected a better deal from the board, but hen they didn't have long to respond. Worried that the white knight will quite rightly pick just the best assets and leave us with rump stuff that all private equity funds accumulate. There is always a better return on the good investments when sold over and above the previous NAV but against this there are always the dregs and the fund extensions that drag on whilst they shift them. I just wish we had a European bidder, what with the strong Euro, but then the same is true of the dollar. Its just become a better deal for them after the conference.
farmerdave
05 Oct 2016
Re: Out Hmm wonder if the board can make the sale go through after they have been booted out - at some stage you have to wonder if there will be a court case for them selling at undervalue - seems pretty desperate and not very good move by the board - glad I sold given this.FD
