Aegis Group Share Discussion Threads

[grimraider] 28/11/2007 20:44

Hi Le Mass Du Pap - wondered what had happened to you. After your vets finished with this one send it round to Prostrakan, share price has fallen off edge of cliff - makes this look healthy and robust!!

[le mass du pap] 28/11/2007 15:26

WPP up 4.2%.......Aegis 1.6%. Call a vet and have it put down.

[le mass du pap] 28/11/2007 09:13

No way will it go as low as 90p. Possibly 98p if the rout continues or else a bounce to 118p initially. 2008 set to be a good year for media and Bollore must be fuming about current sp, so a bid may be his only option....or sell his stake to WPP/Publicis. Director buys and small company acquisitions back up the bid view.

[nemesis toad] 27/11/2007 21:40

Looks like we have broken that descending triangle with 90p next stop !!!

[le mass du pap] 27/11/2007 14:39

Certificate X

I hope there are no children watching this.

[dcameronw5] 16/11/2007 09:59

Despite large director buy and Credit Suisse increase, this still seems to be going in only one direction.

[le mass du pap] 18/10/2007 11:09

philou100

This snippet from an interview with Le Figaro suggests he has given up on another egm to get his seats on the board. He also said a while ago that he would call an egm in September, but he didn't, then this interview. So it seems pretty obvious that he will not attempt another egm vote for seats, if he tries anything it is likely to be a bid for the whole company.


"Re-emphasising the "very good opportunity to work together" which is represented by his investment, he said with regret "there was no possibility of communication with the shareholders ", who refused him again and again the presence of two of his representatives in the directorate."

[philou100] 17/10/2007 14:48

130

but it's a long long way (to persuade the shareholders ,and THAT's THE REASON WHY Bollore dont'call yet to a new agm... - he is working behind the curtains-).

source : inside

[le mass du pap] 15/10/2007 15:09

WPP trading statement on Friday tipped to be bullish for the coming year. Positive sentiment may spill over into Aegis.

[le mass du pap] 15/10/2007 15:07

From a TFN release last year when Bollore was still trying to get his seats on the board:

----------------------

Aegis, with a strong presence in the booming online ad market, is one of the most prized assets in Europe's fast-consolidating advertising industry, and has attracted the attention of WPP and Publicis.

Bollore's near 30 pct holding effectively gives him the power to veto any takeover proposal, and he hinted this morning that he may even consider launching a bid for the Aegis shares he does not already own.

Analysts at UK broker Collins Stewart argued that Bollore's "end-game" is to buy up the rest of Aegis. "Bollore will try to use Havas to buy Aegis, especially if Havas paper is rated high enough," they said in a research note.

-------------------

A year on and he's given up on the seats, so is it just a matter of time before he makes a move?

[le mass du pap] 09/10/2007 10:25

Confirmation of breakout from downtrend.....


free stock charts from www.advfn.com

[le mass du pap] 08/10/2007 11:16

This is what I have been waiting for. If it can hold above the line it is extremely bullish!

[le mass du pap] 04/10/2007 16:59

Manipulated? Is the Pope Catholic?

[philou100] 30/9/2007 13:00

Thank's a lot.

VB told us (but 2 years ago, during the annual agm of "nord sumatra invest" - NOR (euronext- Belgium) that he never would give more than 150 pences: but it was 2years ago.
And don't forget friend martin Sorrell...who is in touch every week with Vincent.

By the way, do you have a "live" next monday , and would it be possible to give me here the opening trades ?

have a nice day

[le mass du pap] 30/9/2007 11:56

I think it may be a reiteration of a note from a few weeks ago. I haven't got the full article yet, I just saw it on Friday's daily 'broker recommendations' review. It's at the bottom of the page.

Superb performance last week, especially on Friday into the close. Hopefully it will continue into this week.

[philou100] 29/9/2007 06:57

UBS :
source or link ??

thanks

[le mass du pap] 28/9/2007 12:49

UBS ......a buy and 170p target for Aegis (AGS)

[le mass du pap] 27/9/2007 17:08

Bollore will have to make some kind of move soon, either way. It sounds like he has accepted he will not get his two seats on the board, which is his preferred choice, and he is at the maximum % interest without triggering a bid. So he can't buy anymore without consequences and therefore can have no further influence at present. We know he's not happy with the management or profits, or his investment I would imagine. So it's sell up or buy the company and it doesn't sound like he intends to walk away. That just leaves a takeover, which he and all-comers have said he wouldn't do. But here he is saying his rules are there to be broken and anythings possible. Why say that instead of just saying no, unless he wants to ramp up his own stake, which is unlikely. So all the speculative pieces of the jigsaw are in place, which is why his words have a greater resonance now than at other times. The lowly share price is, of course, a large part of the jigsaw and could determine the timing as being sooner rather than later.
But what if he decided to leg it and sell his 30%? Well if he does that you can guarantee WPP or Publicis would be in like a shot, as per the UBS report.
So he really has been cornered as his options are now very limited to selling up(good) or launching a bid(good). Either way we win.
I am now quite happy to hold as I think the next month or two could be very interesting and we have seen the bottom, barring a market collapse.

Good move today, slightly disappointing close but almost twice the volume of buys as sells. UT trade a buy and dividend paid out tomorrow, so we may see more upside depending on the wider market which does look a bit weak. It touched the underside of it's intermediate down channel at 123p so the day traders sold up, which is why it retraced at the end. However the shorters will have departed now and moved on. As long as there isn't capitulation in the markets they are unlikely to return with the possibility of a bid looming. Hopefully that means we can return to a more stable share price with the probability of a climb over the coming days/weeks.

Looking peachy.....

[le mass du pap] 27/9/2007 09:34

He would say no, if he didn't have any intention of making a bid. However, he would not say yes......to a newspaper, market rules etc. Try thinking outside the box.....

Foregone conclusion imo.

[le mass du pap] 26/9/2007 20:42

PARIS (AFX) - The businessman Vincent Bolloré, principal
stockholder of Aegis, "opened" the option of a public offer purchase of the British advertising group, in an interview in the daily The Barber to
appear on Thursday.
Questioned about his intention to throw a TAKEOVER BID on Aegis by Havas, Mr Bolloré, who recently upped his capital of Aegis to 29,93 %, close to the threshold of launching an offer, answered: "Every
option is always open"
"Our rule is to invest no more than 10 % of our managed assets in one
active alone. But this rule can be changed since it is us who have fixed it", he asserted.
Vincent Bolloré was harsh on the last figures published by Aegis: "They have announced results in fall saying that they were very good
results ", he noted, adding that this fact caused him "alarm" on the real situation of the company.
Re-emphasising the "very good opportunity to work together" which is represented by his investment, he said with regret "there was no possibility of communication with the shareholders ", who refused him again and again the presence of two of his representatives in the directorate.

--------------------------------

Game set and match as far as I can see. He will make a bid. Sounds like he's accepted he will not get two men on the board through an EGM vote but he is still desperate to work with Aegis. Hence the absence of the EGM he had pencilled in for September. He obviously thinks he can do better than the current management have and doesn't want to walk away, so the only option is to buy Aegis. The recent results being the final straw, or excuse. The fact he says he can change his own rules and will not rule out a bid is as good as saying he's in. The recent volume, although only 4%, will have something to do with it. It also seems from this report that he has picked up some more stock. 29.93% versus 29.86% at the last count. Bring it on Vincent!

[le mass du pap] 25/9/2007 16:16

Could be significant.......