Aegis Group Share Discussion Threads

[le mass du pap] 03/7/2007 21:06

Numis have a 150p 'add' note out today and there's also some coverage in The Times.

[le mass du pap] 11/6/2007 17:19

Important week ahead regarding AGS's longterm trend. Is it time to successfully tackle that 150p level once and for all?

[partimetrader] 14/5/2007 14:27

 AXS - Accsys Technologies PLC environmental science and technology that is going places.

[irenekent] 07/3/2007 07:29

Once again we have to vote on an EGM concerning Bollores two directors. I dread to think what these shennanigens cost - perhaps shareholders should send the bill to Vincent? or is he trying to drain the co. of money? He knows he can never win this vote so what is the motivation. Strange folks, the French.

[prokartace] 22/1/2007 16:09

I love the optimism. Gave me a great short opportunity

[irenekent] 14/12/2006 09:19

This is hitting new highs all of a sudden - maybe a bid is brewing after all. DYOR

[irenekent] 22/11/2006 09:04

Todays the day. Will we get a bid?

[irenekent] 08/11/2006 07:54

About time for Bollore to put up or shut up. His influence on this company is wholey negative. He should sell his stake or make a takeover bid. I think as a result of the overwhelming support for management by the institutions, Bollore will paint himself into a corner. The odd thing is that this vote was a forgone conclusion - the EGM is just a waste of shareholders' money - is he trying to drive the price down for a cheap takeover? We will see, but he patently does not have the best interests of this co. at heart, judging by his actions.

[sharw] 10/10/2006 16:18

Yet another twist to Vincent Bolloré's machinations today. For those of you who can read French:



Basically he has backed three high-up guys from Publicis to set up a rival agency - he will have a 30% stake. Les poulies Bretonnes strike again.

[prokartace] 25/9/2006 11:58

Has nobody noticed that a regional CEO has been arrested for embesslement?!!

[sharw] 06/9/2006 09:15

Good comment in the Telegraph:

[dcameronw5] 05/9/2006 13:22

Yes, the interim results looked good but don't seem to have had much of an effect on the share price Been waiting for Bolloré for nearly a year!

[sharw] 05/9/2006 12:29

Am I the only one left here waiting M. Bolloré's next move? In the meanwhile we have a good set of results today at or above forecasts.

[sharw] 04/5/2006 12:44

Anyone still here?

The following from AFX suggests that Bolloré's next move is underway:

PARIS (AFX) - Groupe Bollore, controlled by French businessman Vincent Bollore, has reached an agreement with the management of UK advertising group Aegis to acquire an unspecified number of board seats at the Aegis AGM on May 28, according to an unsourced report set to appear in French business magazine Challenges tomorrow.

According to the report, Aegis directors have agreed to support Bollore's nominations, but Vincent Bollore will not try to attain a seat on the board.

Bollore has become the largest Aegis shareholder with a 26 pct stake, and he is also the chairman and largest shareholder of French advertising group Havas. Analysts have long expected that Bollore will eventually look to form a tie-up between the two companies.

Earlier this year, Aegis chief executive Robert Lerwill said in a newspaper interview that he was against granting any board seats to Bollore, due to potential conflicts of interest that could arise from his being chairman of a rival company.

[zapdos] 13/3/2006 18:19

Deleted - different Aegis.

[selftaught] 04/2/2006 20:25

Firstly, Bollore has now increased stake to around 25%.

Since WPP withdrew its talks with Aegis, Bollore has had a free run.
Aegis results are due next month, and depending on how these look, Bollore could make a move to buy the rest of the shares.

That's obviously speculation, but why else would he have increased the stake?

[selftaught] 03/2/2006 15:28

Now could be the time for such a bid. Have filled my boots in anticipation of this.

[sharw] 27/1/2006 14:17

Comment in today's Guardian:

Away from the blue chips, Aegis, the media buying group in which financier Vincent Bolloré has built a 25.5% stake, rose 5p to 128.5p after Deutsche Bank upgraded its rating on the stock to buy. The German broker suggested earnings could beat current forecasts if Aegis's management improves its operating performance.

The Indie has a lengthier article which concludes:

"Deutsche believes the shares can hit 145p on their own accord and believes a predator will have to pay up to 168p if it is to win the company. Investors would do well to add the stock to their portfolio".

Full article (but be quick before subscription-only shutters come down):

[sharw] 26/1/2006 15:17

I think today's move is in response to comments of Martin Sorrell in today's Times:

[stonec10] 26/1/2006 14:19

something happening?

[sharw] 30/11/2005 12:15

The whole point about his charcter is that it is difficult to tell what his next move will be. Look at Havas - after assuring Alain de Pouzilhac his stake was just an investment he ousted him and took over without bidding. In the case of Aegis it is more complex as he is playing a game that also involves WPP and Publicis.

As I said before, he is unlikely to bid and certainly not on his own. As an illustration of this look at his early reputation as a figurehead of "Capitalism without capital". In 1988 he held 60% of Finfranline, which had 51% of Omnium Bolloré, which had 51% of Financière V, which had 51% of Sofibol, which had 51% of Financière de l'Odet, which had 51% of Albatross Investments, which had, at the end of the chain, 40% of Bolloré Technologies. This scheme became known as the "poulies bretonnes" (Breton pulleys). It allowed Vincent Bolloré to control Bolloré Technologies which had a market capitalisation of 3 billion francs at the time with an investment of just 50 million francs in Finfranline.

[kathryna] 30/11/2005 09:32

sharw, what do you think will be his next move?

[sharw] 29/11/2005 11:27

kathryna - yes, a bid is mandatory at 30% - hence the significance of 29.9% I think that Yahoo got that wrong - nobody else says that and there has been no RNS, although I expect him to top up to that level soon.

A bid is not his style - see: