Chloride Share Discussion Threads

[robertsajr] 10/9/2009 11:46

Looks like it could be a Government contract related to charging stations for electric cars.

[gunther1] 10/9/2009 11:36

Peaeff, rumours about

a) a big UK government contract win and
b) a bid from Emerson Electric (offered 250p cash last year, CHLD wanted 300)

See ft alphaville.

[peaeff] 10/9/2009 11:00

Everything else on my monitor is turning red. FTSE also gone into negative territory.


Could take some nice profit, but is this just catching up or, is there something in the wind!!!!

answers on a postcard please.

[mr.oz] 10/9/2009 10:42

has anyone heard why yet?

[peaeff] 10/9/2009 08:27

It appears were off again, I just wonder????

[sleveen] 09/9/2009 18:08

back in profit with my original holding (at least for CGT purposes)

[phillis] 09/9/2009 15:42

chunky buys today
?

[jugears] 09/9/2009 11:17

Probably because this is a very sound,well ran company, With or without Emmersons I see Chloride Shares increasing Nearer the £2 mark by christmas.

[sleveen] 08/9/2009 10:15

nice one pf

[peaeff] 08/9/2009 10:01

Yet another director shedding a few shares, suggesting that Emmerson have not made any approaches as yet.

Sold 80% of my holding at 150p hoping it tops out again around this point.

[peaeff] 03/9/2009 10:56

tomkin

yes, spoke to ISIS on GLD thread, re new investor. He is/was connected to QXL.
I thought he may be going to bid for/turn some of those dross sites into something useful. It's a pity the thread was removed. How's things with you.

Sorry OT.

[tomkin] 02/9/2009 21:02

remember this one PF?

TO on it's way by the looks of it.


free stock charts from www.advfn.com

[peaeff] 02/9/2009 21:00

I was out at 152, now back in at 138.

[jugears] 02/9/2009 11:56

Good , Time to top up with some more.

[pallett] 02/9/2009 11:09

Down she goes through £1.40, (11am) £1.34 the next testing point.

[sleveen] 26/8/2009 17:56

PUGUGLY yes

weak $: say $2 = £1 and CHLD acquisition cost of £400m = $800m cost


strong $: say $1 = £1 acqui cost £400m = $400m cost

[s_e] 26/8/2009 17:47

Two very nice buys of over 97k after hours,i have the feeling we are about due for a nice rise,something is afoot...
Pugugly they are not my words...

[pugugly] 24/8/2009 14:08

s-e> I agree with your comments BUT I think you have made my usual mistake re currency. A stronger $ makes Chlore less expensive in purchase terms to Emerson. However sterling profits become less valuable in $ terms.

Do you agree?

[s_e] 23/8/2009 18:42

Interesting article copy from cakeslicer on iii...

Interesting article posted by IC, highlighting the less interesting stocks but solid and dependable performers. Chloride features well. See attached link:



I really am beginning to doubt whether Emerson are going to come back for Chloride in the near future. I just question whether Emerson have the will, ability or, more importantly, the access to funds to make this happen soon. With Emerson's fiscal year commencing at the start of September, I would have thought they would have wanted to cut a deal now so Emerson can recognise the full value of Chloride's revenue in the new fiscal year. To me, it makes absolute sense for Emerson to do this deal. Chloride have an unrivalled position in Europe (emerson is very weak in Europe) and Chloride's position in emerging markets such as India and Far East is very strong indeed. Moreover, Chloride posted great end-of-year results showing sustainable growth so I don't see Chloride as a casino bet.

But with the Chloride Director's recently buying and selling shares, topping up their Trust Funds etc, it is clear that Emerson have made no approach as the Directors would not be allowed to make these transactions. At best, the activity of the Chloride Directors indicates they may think something is afoot so just topping up before an approach.

As the dollar gets stronger, the deal looks more expensive to Emerson.
A few months ago, when the exchange rate was 1.38 Emerson could have pulled off a stunning deal, offering a good price that probably would have been accepted, and probably saved themselves about $300Mn from their last offer in 2008. Today, we are looking at an exchange rate of 1.65......still better than 1.95 which was when Emerson last made the approach.

What are your views out there? In July (normally a sleepy trading period), over about 3 or 4 days, the daily volumes were huge (about 3mn/4mn) with no apparent reason then all of a sudden it died down and we are now looking at an average of 400k/500K......'knowledgeable' Institutions topping up early? After all, no-one wants to be buying shares a few days before a major announcement comes out do they?

Is this stock in play?

Off to eat come cake.....

[nellie1973] 21/8/2009 17:06

They should try again for a bid, still looking like a good acquisition at this price.

[mrminister] 21/8/2009 13:34

pallett......you must mean 140 ? ...... i think not, some stability at 150 for some time now, and i will wait for however long it takes for emerson to return to the negotiating table again.....imo before the year end......if chld was a good fit for emerson last year it must still be today....mark my words

[sleveen] 19/8/2009 20:53

sub 240p..... is that a typo?

[pallett] 19/8/2009 17:14

Looking at my graph for this year sub 1.40 looks very likely

[wilkie_hk] 19/8/2009 08:24

I like these long term, but will sit and watch to see if a sub 140p opportunity presents itself.