Biffa Share Discussion Threads

[groover66] 14/2/2008 22:05

Everythings gone quiet. Still think this could go higher. £3.50 seems cheap. Still holding........

[mitzis] 13/2/2008 21:01

Its bound to rise tomorrow...

[peterz] 13/2/2008 20:56

OK wad, no worries. I;m out now. With price hanging about 365p upwards of 375 likely offer. Good luck

[wad collector] 13/2/2008 11:31

Peterz ; my bid rumour was ironic.

[badtime] 12/2/2008 18:22

price drifts

[mitzis] 11/2/2008 22:04

I'l take 400p when it comes.

[peterz] 11/2/2008 19:48

Are those offers on the table guys or wishful thinking

[wad collector] 11/2/2008 18:51

No, a bid from Bank of China for 444p.Or maybe 333p.

[inv] 11/2/2008 12:40

here come bid from Centaurus at 410p

[damanko] 11/2/2008 09:31

LONDON (Thomson Financial) 11th February: - Centaurus Capital Ltd said it acquired a total of about 11.05 mln shares in Biffa PLC through contracts for differences in several tranches at prices varying between 363.50 pence and 368.37 pence. It now holds about 12.0 mln derivatives, equivalent to a 3.42 pct in the company. On Feb 8, Biffa agreed a takeover offer by WasteAcquisitionco, a consortium of various entities within the Montagu Funds, the Global Infrastructure Partners (GIP) Funds and UCIL at 350 pence in cash per share, valuing Biffa at about 1.231 bln stg.

Seems like this has more to run.....

[mitzis] 09/2/2008 11:04

I believe I should buy some more next week.

[peterz] 09/2/2008 10:53

Oh tats so a bit early at 365 but was in at 254 so a profits a profit. Can hardly remember the word profit taking.

[mitzis] 09/2/2008 09:04

Seymour Pierce reckon a bid over 400p will be needed.

[mitzis] 08/2/2008 22:29

Its Suez the French company or could it be Terra Firma..

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/02/08/bcnbiffa208.xml

[ideal420] 08/2/2008 21:17

haha, unbelieveable, I think people were ahead of me in the news curve. Only 14hours prior (post 1881) I said I'd be prepared to wait, not knowing how close to an offer we actually were, but saying it required a firm offer to bring the others into play.
Well at 367, I figured there may be 10-15% upside only at the moment, so cut and run taking the 43%.
It's been a very mixed, in every sense, year.

Pleased to have finally something in the blue, not seen that for 6 months. Made a small dent in size of losses which continue to grow.

Good luck to everyone else.

[coogar] 08/2/2008 17:00

I was prevented from taking my profits today, finding the 'market maximum size' (firstly 295, then reduced even further to a piddly 145!) against me.

Anyone else experienced this problem? I don't think it could have been broker-related.

I bought @ 237p in September so would be quite satisfied to get out at present level.

[46pete] 08/2/2008 16:35

What a great day guys,have a good weekend everyone.

[w.bramley] 08/2/2008 16:09

I was meaning the less expensive type.

[jeffian] 08/2/2008 15:56

"Very nice, too" usually.

[w.bramley] 08/2/2008 15:48

What do they say about a bird in the hand?

[adnicoll] 08/2/2008 14:27

And the name of the guilty third party is Suez, advised by Goldmans, and evebn Terra Firma are said to be lurking

[mitzis] 08/2/2008 11:55

This is going all the way..

[wad collector] 08/2/2008 11:55

I was wrong - there is a bit of upside!

[groover66] 08/2/2008 09:49

Evening Standard reports that banks advising the directors at Biffa have had to step back due to their involvement with a third party bidder. More than just a rumour perhaps ? Check out the this-is-money under Biffa, latest stories. And before someone says it..... Daily Mail.....yeh I know.