pipeline11
15 Apr 2016
Price above offer price? Anyone know why the price is trading above the takeover offer price?!
onedb1
06 Oct 2015
Re: Xchanging fundmentals report Lambrini Some you can't win 
Hope you had closed the short ages ago . Or tight stop loss . I wonder how many private investors have in reality made any money on this given that many would have been holding on to a decreasing level . Only for the offer to bring the shares back to more or less just below the highs of the past 2 years . How many where really holding sub 100p averages or sub 125p average ? Doubt it was many The offers are low .
Boring Bernie
05 Oct 2015
Re: Xchanging fundmentals report I wish I'd topped back up now ! Still got a few though.170p isn't far off the highs the sp got to back in 2014 before the recent problems so is probably a reasonably fair offer in the short term. Whether or not it fully values the company over the medium to long term is harder to say
sharegardener
05 Oct 2015
Apollo offers 170 Capita offered 145 then 160 as a 'final' offer, Apollo have now offered 170. Capita may come back with a higher bid but on of basis of a bird in the hand etc I have sold out at 166. I didnt check earlier or may have got 170 but Im still up about 30% overall.As the price is hovering below 170 and XCH have opened to due diligence to Apollo then this bid may well go through.SG
TRINDERM
05 Oct 2015
Re: Xchanging fundmentals report Or a very bad call if someone offers £1.60 a share!
FRTEB
30 Jul 2015
Re: Xchanging fundmentals report Good call. On my watch list @ 46p.
lambrini girl
30 Jul 2015
Re: Xchanging fundmentals report SELL..slippery slope to..target 50p..
mcescher
30 Jul 2015
Xchanging fundmentals report I really like the presentation in this report. The future growth seems really exciting to me [link]
sharegardener
29 Apr 2015
Re: CMA provisional decision Good that this is out of the way - and sooner than expected. CMA have bigger fish to fry. Over 10M shares traded today - and second RNS from JPM who are now at 8.87%.H1 results are not expected to be great with weighting to H2 so as the new acquisitions are integrated the SP should start to recover later in the year.SG
Bantam Spirit
29 Apr 2015
Re: CMA provisional decision Confirmed! Excellent news Bantam...pleased I bought some more....by the way everybody get in on GWP early next weekAnything below 610 will be a good buy!
sharegardener
26 Apr 2015
holdings on the move from p77 of annual report Artemis, Fidelity and L&G were the top holders with 15,10 & 5.8% on 6 Feb 2015from recent RNS'sJO Hambro now above 5% (10M up to 12.37M) 16th AprJP Morgan up from 12.8M to 13.2M 16th Apr and 18.9M by 21st AprAlso, Odey absolute return fund have bought a few more shares but are now also long on a further 7% as CFDs. (17.5M).I'm no expert on CFDs but they dont appear to be short (phew) and from their 2013 ann report they have held XCH shares for a while.On Friday NT of 797K shares at 9.41 followed by 2.235M at 16.13 and then 338KIm assuming a large number of shares have been dumped and theres an 'overhang' being shifted.Also went ex-div last thursday but it looks like some of the big funds are accumulating.'Cheap today cheaper tomorrow' as the saying goes - but interesting that Odey have such a large CFD. Any views on this? SG
sharegardener
21 Apr 2015
Q1 update BB '' it doesn't look like my top-up point is going to happen now''I think you spoke too soon!''The reduction of the cost base of our traditional procurement outsourcing business has lagged the rate of exit from our legacy contracts and this has adversely impacted the financial performance to date. Our recovery plan is underway for the Procurement business, which we now anticipate will see a greater first half year loss than in 2014. Although Procurement will now not achieve full year profitability in 2015, it is on track to achieve run rate profitability by the end of this year.''Mostly 'in line' apart from procurement. 120 is hopefully the bottom but more negative news could push the price even lower.SG
sharegardener
26 Mar 2015
Re: CMA provisional decision also meant to add, ''We provisionally conclude that the merger between Xchanging and Agencyport has not resulted and may not be expected to result in an SLC [substantial lessening of competition] within any market or markets in the UK for goods or services.''Final report timetabled for mid May. It looks like they should reaffirm the provisional findings imho, so there may still be opportunities to buy on any SP dipsSG.
sharegardener
26 Mar 2015
CMA provisional decision For anyone interested here[link] page report which gives a lot of description about the insurance market software industry! A scissors symbol indicates redacted sensitive data but on a quick skim through the below looks relevant.''6.71 In our 23 February hearing with Xchanging, we asked attendees to explain what Xchanging’s product strategy for Agencyport’s PAS products had been prior to completing the acquisition and in the subsequent months. We were not satisfied with the answers provided, as the attendees were unable to comment on Xchanging’s valuation of Agencyport or to explain clearly how the strategy had evolved in the months before and after the transaction. We therefore sent some clarification questions on 25 February, to which Xchanging responded on 5 March, appending a number of internal documents in support of its answers. In the light of these answers, we considered it necessary at this stage to request the attendance of Xchanging’s Chief Technology Officer (CTO) to another hearing''''6.72 On 19 March, we wrote to Xchanging, seeking an explanation for what appeared to us to be a material discrepancy in the evidence submitted and received a large amount of new material from Xchanging on 20 March. We are still considering the implications of this evidence, the manner in which it was identified and the timing of its submission to us, both in terms of theconclusions we draw in paragraph 6.81 and in terms of our process more generally.''All produced for us taxpayers at our expense by this bloke! [link]
Boring Bernie
24 Mar 2015
Re: Drop ( CMA acquisition ) Provisionally approved now, which is good.Well in to those who bought in the 130's, it doesn't look like my top-up point is going to happen now
