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ACM Accumuli

31.25
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Accumuli LSE:ACM London Ordinary Share GB00B0YMTT32 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 31.25 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Accumuli Share Discussion Threads

Showing 3401 to 3425 of 3450 messages
Chat Pages: 138  137  136  135  134  133  132  131  130  129  128  127  Older
DateSubjectAuthorDiscuss
16/4/2015
16:25
I`m turning all mine into NCC shares, feel they will rise over the coming year.

Good market place.

Now swallowed up ACM less competition as well.

igoe104
16/4/2015
14:56
I haven't made up my mind yet which option to go for; as ACM's share price stabilises and NCC's drops, it makes it harder to decide. But, if my broker (Barclays) is typical, there doesn't seem to be any way of voting against this pitiful offer.

The Basic Offer is the default and there are the two mix & match options. If I don't reply, I shall apparently be counted as having accepted the Basic Offer.

b1ggles
14/4/2015
11:17
From Seeking Alpha:

Cyberattacks and cybercrime against large companies – those with over 2,500 employees - rose 40% globally in 2014, according to Symantec's annual Internet Security Threat study published Tuesday. Attacks on small- and medium-sized companies, which accounted for 60% of targeted attacks, increased 26% and 30%, respectively. Despite the large hacks at Home Depot (NYSE:HD), JPMorgan (JPM), Staples (NASDAQ:SPLS) and Sony (NYSE:SNE), Symantec says the mining industry, which includes oil & gas, was the most-targeted sector last year.

eddyeagle1979
13/4/2015
09:38
Providing everything is approved on April 23rd then the 5.97p cash component and the NCC shares should be credited to remaining holders accounts on either Thursday April 30th or Friday May 1st.

Welsheagle - no idea. If you don't close your existing position before the deal is completed then you had better check it out directly with your SB broker. I'm keeping my shares and plan to close my own SB position sometime prior to completion.

masurenguy
11/4/2015
18:37
Anybody know what happens to spreadbets on ACM, due to the takeover.
welsheagle
10/4/2015
22:13
Couple of sixes today - ACM & XLM - outta the park baby!!!
gargleblaster
10/4/2015
20:32
My broker iii has, this evening sent notice of ACM Corporate Action asking for response by 1500hrs 22/04/15. As I understand it's essentially the default option, as set out in the RNS proposal, i.e. offering part cash of 5.97p per ACM share and a 0.1218 part of each new NCC share. I see that NCC closed up at 208.25p today. However, it seems that ACM holders can opt to vary the distribution. It'll be interesting to hear comment on what other ACM holder's intend to do and also to see how the respective Co's share price moves until then. To date they appear to have followed each other closely since March's announcement.
mazarin
10/4/2015
15:31
I've also just sold thye last of mine; quite pleased with 30.25p, although a sad end to a nice little company!
janeann
10/4/2015
15:23
Quite a rise today. Improved terms in the offing or maybe, but unlikely, a counter bid?
v11slr
10/4/2015
12:21
Cheers mh555.
masurenguy
10/4/2015
12:12
Mas
Court Meeting and General Meeting both being held Tuesday 23rd April

mh555
10/4/2015
09:36
I hold ACM in nominee share ISA A/c, but see no Corporate Action options as yet, is it known whether these will follow once the deal is or (if) approved?
mazarin
10/4/2015
08:54
Has the Court Meeting date been confirmed yet and, if so, does anyone know when it is ?
masurenguy
10/4/2015
08:01
Just decided to take up option 3, and take all the NCC shares, and see how it goes for the time being.
igoe104
07/4/2015
11:59
Sold holding today as better fish to fry elsewhere.
red army
02/4/2015
23:05
WJCCGHCC - That sounds a reasonable deal. But then, if you had sold NCC at around 220p before the offer, you could now buy back about 11% more than you sold without any recourse to ACM and about 14% more via the ACM route after offsetting the cash back effect of the offer.

For every NCC share you need to buy 8.21 (approx) ACM shares @ 29p costing 238p and would get 47.5p cash back to offset the cost giving a net cost per NCC share of 190.5p. At today's share price of ~196p to sell, this only produces a saving of ~3% and barely seems worth the trouble given the risk of the offer turning sour.
However, it is worth noting for a cheaper first entry into NCC.

boadicea
02/4/2015
12:20
Well I've sold my NCC and bought more ACM. Allowed me to buy back into NCC at 6% less than I sold them for. Of course, there is a risk that the acquisition is voted down and NCC rise/ACM fall but that is unlikely IMHO given the 57% acceptances already.
wjccghcc
01/4/2015
15:36
Understood and thanks for your efforts
mazarin
01/4/2015
15:28
mazarin - The current intention is to use a scheme of arrangement (or similar) to effect the take-over which I believe is cheaper than making a conventional offer to acquire the shares via the normal market mechanism. The offer document makes it clear that in the event of the special resolution/court order route failing, they would resort to the conventional approach.
However, they would (I think) still require a 75% vote to delist and 90% acceptance to compulsorily acquire all shares.
The hope would be that during this extended process, other events - a competing offer or perhaps just a rethink by an institution - intervened.

However, I am no expert in these matters and to be safe you would need to read the Offer Document, and in particular (from memory) Appendix 3.

boadicea
01/4/2015
14:34
Just a thought following on from Boudicea's post, should the total holding of all factions in favour of the deal be insufficient to achieve the 75% share majority as required by the Special Resolution. They'll either have to buy more or convince other ACM holders to agree and the former (here's the point) could have the effect of pushing up the price during the intervening period, particularly if they're not made too readily available.
mazarin
01/4/2015
10:39
Assuming my sums are right, buying ACM gives you an effective discount on NCC shares - 188p against 197p plus costs in the market. Is that a win win? You get value on ACM if deal doesn't go through and a cheap way into NCC if deal does go through.
aa29
01/4/2015
09:53
So what's the hedgie trade here. Long ACM, short NCC?

I'm trying to work out whether there's a way to make guaranteed profit here, with the only risk being the deal falling apart without a counterbid.

(Long ACM already).

kirkie001
01/4/2015
09:53
AISHAH, Good luck on TGL - it fails on my ADVFN filter, too many posts!
aa29
01/4/2015
08:36
Farewell to ACM from me this morning. Recycling money into TGL.
aishah
01/4/2015
08:35
An interesting post and thanks Boadicea, my knowledge of Hargreaves Hale (who also hold 20.03% of ECK) is that they appear to be a shrewd outfit, so it follows that if they're 'onboard' with this agreement, it suggests they must see clear advantages. However, they could of course, also have a significant holding in NCC, so the deal may make sense from that perspective.
mazarin
Chat Pages: 138  137  136  135  134  133  132  131  130  129  128  127  Older

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