Big Food Grp. Share Discussion Threads

[caribbean] 20/12/2004 23:06

Panmore Gorden not very nice today, bit frosty was the headline, wishing Giant Bid Co best of luck 'there going to need it' !!

[kingdwg] 20/12/2004 16:39

Interesting trades near the offer today, surely can't be all short covering.

[factsonly] 20/12/2004 16:34

don't they need 75%-80% in acceptances for it to go through?

[strutt12] 20/12/2004 12:52

If we all vote against the bid it might not go through depending on how the institutions feel!!

[madgooner] 20/12/2004 11:23

Bitten the bullet too, Loss for me here, never was a 'lucky' share for me LOL!

[fatmansays] 20/12/2004 11:22

Bigface:

Looks like I'll have to start offloading @94p - Although the Mr.Greed within me (don't know if you know him) advises to hang around for a couple of weeks to see if a third party peeks it's head up.

[fud2] 20/12/2004 10:31

Time to run.Too much debt sloshing about.

[bigface] 20/12/2004 08:06

Interesting point facts

[factsonly] 19/12/2004 13:00

bigface - I think the 5th exclude baugur. So that's 42% (probably including the management)... this is the point where speculation might creep in for a different bid from someone else. Maybe Aldi might come in as they did announce not long ago that they intend to expand massively in the UK.

[kingdwg] 19/12/2004 11:43

Well it looks like we're getting the 95p anyway. More value will out but not in our direction.

[bigface] 18/12/2004 19:22

If the Bloomberg "news2 is true then it will settle just below 95p perhaps as low as 93p - 94p on Monday - will you take that fatman, or risk the protracted deal not going through?

This tickled me: "Baugur is the company's biggest investor with a 22 percent stake, and shareholders speaking for almost a fifth of the stock plan to accept the offer, the statement said".

[welshbloke] 18/12/2004 12:14

and here's the proof

[welshbloke] 18/12/2004 12:03

deal was signed at midnight folks.

[caribbean] 17/12/2004 21:02

Substantial progress, that's a laugh, timings good everyone had gone to the pub!
Are Bauger trying to get it cheaper than 95p

[expert363] 17/12/2004 19:11

conference call cancelled as no information was available for release told this at 2pm awaiting further information

[fatmansays] 17/12/2004 16:45

Buttocks clenched all week,

Hari Kari is a certainty for me if the deal is off.

Still, I can't blieve it won't happen

[factsonly] 17/12/2004 16:38

It's nearing the end of the day... and no announcement still.

[factsonly] 17/12/2004 13:29

Oh... if the engineers are getting a meeting / conf call about the bid, then odds are that the bid is a done deal, because if it wasn't to go through it would be business as usual and no conference call required. I can see the call being about, "don't worry your jobs are save, but we are expecting the firm to be carved up as so... and you guys will be a part of..."

[bigface] 17/12/2004 09:40

Nearly bought at 91.91p but thought 3p upside against a 30p downside if it goes horribly wrong. Somerfield are looking better !

[hampster] 17/12/2004 01:53

Yeah I know!

[caribbean] 17/12/2004 00:00

good luck guys

[25guilderbag] 16/12/2004 21:35

Massive volume today - I can hardly wait for the news

[expert363] 16/12/2004 20:15

ALL ENGINEERS HAVE GOT BIG CONFERENCE CALLS TOMORROW REGARDING THE OFFER WITH BAUGER

[factsonly] 16/12/2004 17:32

it's looking unlikely... tomorrow is the last day the mgt have indicated that the saga would stretch up until... fingers crossed Bauger raise the offer or they bu99er off.