Benchmark Share Discussion Threads

[exbroker] 23/1/2016 16:53

Hi Simon gordon
I have not seen any numbers yet but they will be at the Equity Development bun fight on Wednesday 27 jan, go to the site and register or try Eventbright for a ticket its free.

[simon gordon] 19/1/2016 14:54

Hi Exbroker,

Happy New Year!

Have you seen any EPS forecasts for the next couple of years? If so, could you share them?

[leedskier] 07/1/2016 11:10

RBS has just posted that it has bought 7% of this.

[exbroker] 04/1/2016 18:20

Or was he the only buyer of the recently issued stock??

[bsharman3] 04/1/2016 09:34

Woodford gone from 19% to 25% - this has got to be very good news!

[market sniper1] 15/12/2015 17:16

Howdens gone all quiet.

Just sat out at the side of the pool here in Ibiza Phil enjoying a very nice cool drink of white wine and pineapple,luvvely.

[market sniper3] 14/12/2015 21:25

ohhhhhh i thought you were missing them phil Howdo, so ive returned them, dont want you losing your pandas do we.

http://i65.tinypic.com/2q9c4l3.jpg%3C/a%3E%3Cbr%20/%3E%3Ca%20href='http://i65.tinypic.com/2q9c4l3.jpg'%20target='window'%3Ehttp://i65.tinypic.com/2q9c4l3.jpg%3C/a%3E%3Cbr%20/%3E%3Ca%20href='http://i65.tinypic.com/2q9c4l3.jpg" target='window'>http://i65.tinypic.com/2q9c4l3.jpg">

http://i65.tinypic.com/2q9c4l3.jpg">

[market sniper3] 14/12/2015 21:15

Hi Phil Howdo you forgot to take your silly picture with you from the CR thread tonight.

Here we are nicely delivered back........ohhh and then theirs the pandas picture isnt there. Ill post that tomorrow chuck.

[exbroker] 14/12/2015 11:00

Hi bench2
The size of the deal and the fact that the shareholders list is very compact meant that there was never going to be pre-emption for shareholders.
The deal makes sense for both parties and they have managed to get the price down by about $70m from the start of the month. One to buy on a bad day in the market!

[bench2] 14/12/2015 10:26

Reading the Placing Doc it would appear that existing BMK holders are not being offered any new shares or clawback ? What happened to Pre-emption rights ?

[phowdo] 14/12/2015 07:50

Placing at hardly any discount, indicates a fair demand to fund the acquisition.
About 15x earnings so not that cheap. Margins look good and potential to grow is good over a multi year timeframe. One to tuck away.

[exbroker] 03/12/2015 15:12

I have seen the company and am happy they have the management to cope with the new division which is what it will become. The circular should go out soon with the meeting between Xmas and new year for a completion this year, given the banks are the seller it fits with their year end.Happy to buy a few more in the placing and put them in the tin chest at the end of the bed with the others.

[exbroker] 23/11/2015 20:41

Looks like a big raise, more than the current size of the company and some debt as well, hope they have the management!!

[exbroker] 20/11/2015 15:17

I will see the management before the circular goes out, I want to see they can cope with the increase in size of the group.

[samenic] 20/11/2015 13:12

My problem is,doubt if l will be able to judge if good news is bad or vice versa!

[exbroker] 20/11/2015 12:54

News in the next week to 10 days, this is a more than doubling of the company so many details need to be worked out.

[gucci] 06/11/2015 10:13

thanks phowdo

[phowdo] 06/11/2015 10:10

From last RNS:
Trading in the Company's shares will continue to be suspended until such time as an admission document is published in relation to the potential acquisition or the talks otherwise conclude.

Almost a month now so would expect news soon unless talks are stalling.

[gucci] 06/11/2015 09:00

whats happenning here,
anyone know?

[exbroker] 09/10/2015 11:09

Agreed dacian, a reverse is judged on price but also on things like sales and balance sheet. I think but am not 100% sure that if it over 50% of the listed company then it’s a reverse. My worry here is that the sellers want some or all cash rather than BMK paper and that we get tapped at what is a fancy price given what has gone on in the last year. I am also concerned that they don’t have the management to run something this big, I will need convincing.

[exbroker] 08/10/2015 22:42

I have had a look at the target, it looks as if its a very good fit on several levels, I hope they buy it at the right price and use some paper in the deal not all cash from us poor sharholders!