The latest news and discussion on Royal Mail Shares.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser. All news and discussion on Daniel Kretinsky's full takeover of Royal Mail.
There is absolutely no doubt that it is not just another rumour. Are you just trying to stir it up on here Sean06? Not sure what angle you are trying to take but you are wrong.
So suppose you knew what was happening?why did,nt you post up the above or maybe you were waiting on stage3 or pwrfc posting it for you.lets face it on here is full of rumours unfortunately this time it looks like its true.as for you carrying mgmnt you have a DEGREE IN STIRRING THINGS UP ON HERE. .also ive no doubt he will get well over the threshold of 75%.who would rather have these crooks or dk
Like I said, you are calling facts 'rumour.'
You are wrong and doing nothing but trying to stir things up. Try educating yourself lol
1 fact out of all the rumours on this site im wrong on. .can live with that now answer the question. you an your pwrfc friends all the rumours an crap youse post on here.
While it may be a fact that his current acceptance is about 33% it doesn't say who has or hasn't voted.
Maybe those big institutions who hold a significant number of shares have been waiting for the resumption of the timetable.
Apart from a few people clutching at straws I haven't seen any evidence to suggest the 75% threshold won't be reached.
Can maybe even reach over 90% but its only a rumour.
While it may be a fact that his current acceptance is about 33% it doesn't say who has or hasn't voted.
Maybe those big institutions who hold a significant number of shares have been waiting for the resumption of the timetable.
Apart from a few people clutching at straws I haven't seen any evidence to suggest the 75% threshold won't be reached.
like its been said over the 6 month period only 6% have taken his offer so its not looking good for DK at the moment , and he might have to get his hand in his pocket and increase his bid to get this through.
Like I said, you are calling facts 'rumour.'
You are wrong and doing nothing but trying to stir things up. Try educating yourself lol
1 fact out of all the rumours on this site im wrong on. .can live with that now answer the question. you an your pwrfc friends all the rumours an crap youse post on here.
Can you both please stop taking discussions off-topic for your personal issues? Stop attacking each other and instead focus on the original topics. It's like watching two drivers in a road rage incident—pointless, distracting, and annoying.
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While it may be a fact that his current acceptance is about 33% it doesn't say who has or hasn't voted.
Maybe those big institutions who hold a significant number of shares have been waiting for the resumption of the timetable.
Apart from a few people clutching at straws I haven't seen any evidence to suggest the 75% threshold won't be reached.
like its been said over the 6 month period only 6% have taken his offer so its not looking good for DK at the moment , and he might have to get his hand in his pocket and increase his bid to get this through.
Absolute nonsense none of the big shareholders, the pension funds insurance companies and banks would have acted yet. The fact the market price is below the offer price tells the story.
The bidder will pass 50% then 75% and 95% in the coming days unless something completely unexpected happens.
While it may be a fact that his current acceptance is about 33% it doesn't say who has or hasn't voted.
Maybe those big institutions who hold a significant number of shares have been waiting for the resumption of the timetable.
Apart from a few people clutching at straws I haven't seen any evidence to suggest the 75% threshold won't be reached.
like its been said over the 6 month period only 6% have taken his offer so its not looking good for DK at the moment , and he might have to get his hand in his pocket and increase his bid to get this through.
Absolute nonsense none of the big shareholders, the pension funds insurance companies and banks would have acted yet. The fact the market price is below the offer price tells the story.
The bidder will pass 50% then 75% and 95% in the coming days unless something completely unexpected happens.
Like Trump?
Stock market crashing
will that affect the takeover?
While it may be a fact that his current acceptance is about 33% it doesn't say who has or hasn't voted.
Maybe those big institutions who hold a significant number of shares have been waiting for the resumption of the timetable.
Apart from a few people clutching at straws I haven't seen any evidence to suggest the 75% threshold won't be reached.
like its been said over the 6 month period only 6% have taken his offer so its not looking good for DK at the moment , and he might have to get his hand in his pocket and increase his bid to get this through.
Absolute nonsense none of the big shareholders, the pension funds insurance companies and banks would have acted yet. The fact the market price is below the offer price tells the story.
The bidder will pass 50% then 75% and 95% in the coming days unless something completely unexpected happens.
Like Trump?
Stock market crashing
will that affect the takeover?
what 5p a share under his piss poor offer would make a difference to the big share holders then ? , we will see .
While it may be a fact that his current acceptance is about 33% it doesn't say who has or hasn't voted.
Maybe those big institutions who hold a significant number of shares have been waiting for the resumption of the timetable.
Apart from a few people clutching at straws I haven't seen any evidence to suggest the 75% threshold won't be reached.
like its been said over the 6 month period only 6% have taken his offer so its not looking good for DK at the moment , and he might have to get his hand in his pocket and increase his bid to get this through.
Absolute nonsense none of the big shareholders, the pension funds insurance companies and banks would have acted yet. The fact the market price is below the offer price tells the story.
The bidder will pass 50% then 75% and 95% in the coming days unless something completely unexpected happens.
Like Trump?
Stock market crashing
will that affect the takeover?
what 5p a share under his piss poor offer would make a difference to the big share holders then ? , we will see .
I agree.
If the II's were happy with and resigned to the fact they're only going to get 368 then they would have sold up and reinvested elsewhere months ago at 365.
I'm not sure why some posters on here are so desperate to see the deal go through at the current derisory offer price, there's nothing at all to suggest or indicate that minimum acceptance levels will be reached.
I think the only way the II's will accept the current offer price is if some shady deals have been done in the secret meetings that have taken place between them and Kretinsky.
For what it's worth, I just called the number on the press release. The new letters won't be sent out until the 8th. They said to give it five or so days.
edit - They'll also e-mail everything you need to accept the offer.
If the II's were happy with and resigned to the fact they're only going to get 368 then they would have sold up and reinvested elsewhere months ago at 365.
I'm not sure why some posters on here are so desperate to see the deal go through at the current derisory offer price, there's nothing at all to suggest or indicate that minimum acceptance levels will be reached.
I am no expert in this field but below I have copied and pasted a post from the LSE IDS chat page with a possible explanation as to why the bif institutions haven't yet casted their votes: From Hounddog.
I doubt the institutions will cast their vote until towards the end of the timetable. They are under a fiduciary duty to act in the best interests of the investors and so have to wait to see if any better offer comes through (even if that is a remote possibility). The share price is edging ever closer to 368p and has held up in the current market turmoil. This indicates that the market is largely certain that the offer will go through - otherwise the IDS share price would have suffered the knee jerk downward reaction of other stocks. Also, from a brief glance at some of the form 8.3s there are, as is to be expected, some arbitrageurs taking derivative positions for enhanced gain. These positions are long positions.
DK won’t offer more unless another bidder comes in with a higher price and if he still wants IDS (no reason to think not). His offer is recommended by the IDS board and once there is a recommendation it is a done deal as between DK and the Board (The Direct Line Board held out a bit for a better price before recommendation and I think Rightmove never got to a recommendation). Except in very exceptional circumstances the Takeover Panel will not allow either side to back out before it goes to the shareholder vote. Of course, if a new bidder comes in everything opens up again.
A good number of the major shareholders are FTSE 250 tracker funds. Under their investment mandate they have to maintain the appropriate weighting (by market cap) in FTSE 250 stocks. So as the market cap of individual stocks move daily (and indeed stocks periodically go in and out of the FTSE 250) the tracker funds are daily adjusting their holdings in all the FTSE 250 individual stocks to keep the correct weighting. This is why there are all these form 8.3s (which show daily movement in holdings for any investor over 1% in IDS) every day in the RNS feed. The tracker funds have to do this readjustment for IDS as well as for all the other stocks.
The need to maintain an appropriate weighting in all constituent FTSE 250 stocks also means the tracker funds cannot sell up before the vote as other investors can. They have to hang in for the conclusion.
The societies of consumption and squandering of material resources are incompatible with the idea of economic growth and a clean planet.
Just to be clear, the recommendation of a he board of a company facing a takeover bid is only that. A recommendation.
Years ago, the board of Midland Bank recommended an offer from Lloyds Bank, offering a number of its own shares, worth about 360p per Midland share. The bid was referred to the government on the grounds of reduced competition if the bid were to succeed. The Lloyds share price began to fall, making the offer less attractive, and only worth 300p per share.
HSBC then came in with a cash and shares offer of 480p per share.
Guess what the board then recommended?
.also ive no doubt he will get well over the threshold of 75%.who would rather have these crooks or dk
