Csr Share Discussion Threads

[abcd1234] 28/8/2014 11:56

offer was £8.15 ...could be after £10
rumoured on FT lunchtime blog: FTAlphaville a little while ago

see 11.09am onwards:

target='window'>http://ftalphaville.ft.com/marketslive/2014-08-28/

[jmf69] 28/8/2014 11:38

Rule number 1... always turn down the first offer

[tomboyb] 28/8/2014 11:21

Well - there certainly is a race to get into IoT -

I'd expect another offer too -

[someuwin] 28/8/2014 10:40

"The price proposed by Microchip has been rejected and the Board is
considering its options for the company."

Sounds like the Board are happy to sell, they just want a higher
price.

I expect Microchip (or someone else) to come in with a higher offer
soon.

[tomboyb] 28/8/2014 10:37

I wonder if a higher bid would occur from here -

Clearly the first not impressed by management or holding out for a
higher bid or whatever they think their company is worth -

[sunsetwarrior] 28/8/2014 10:12

IndianBull
Absolutely right. My mistake.

[someuwin] 28/8/2014 09:52

CSR confirms approach from Microchip Technology Inc

[indianbull] 28/8/2014 09:35

Sunset - I think it's USD 3bln NOT GBP 3Bln....

[sweenoid] 28/8/2014 09:35

Momma

If I was in and I ain't :-(, I would sell half my holding now and
run the other half, that way its a sure win either way.
Greed is not good and I have learned my lessons

S

[sunsetwarrior] 28/8/2014 09:26

A profit is never bad but when there are several possible suitors
fighting for CSR and they are already talking £3b. So it
could be more. Over £12 a share is not out of the question.
Why sell now? Big profit comes along very rarely. This is highly
probable.

[someuwin] 28/8/2014 09:23

I expect the co will make a statement later.

[holidayhome] 28/8/2014 09:21

I'm not an investor but I agree I would sell now if I were. So many times the end result doesn't happen and the price falls just as rapid. Bird in the hand etc etc. Happy days for you!

[codek] 28/8/2014 08:19

I'm outa here, a 27% gain will do me! May not be the technically
right thing to do at this stage, but neither can it be that wrong.

[tolga1] 28/8/2014 07:52

Thx S & M
I hope a boost to 640, the next major resistance level after 585
would be a good starter.
More Interesting if we have a few bidders obviously
Happy days

[sweenoid] 28/8/2014 07:43

Yep , I posted the link ;-)

S

[mirabeau] 28/8/2014 07:21

5:13am
‘Internet of things’ chipmaker eyes a sale
UK’s CSR assessing takeover offers from rival semiconductor
makers


FT

[sweenoid] 28/8/2014 07:19

www.ft.com/intl/cms/s/0/35629c52-2e5b-11e4-b330-00144feabdc0.html#axzz3Bf6KA7By


Should get some response

[tolga1] 20/8/2014 15:15

Sorry I am an amateur as well, clearly some people can manipulate the share price making other 'investors, believe some news is imminent and hence sucking them in and once the price is dropped they are locked in. The fact that the price went up with not a correspondent volume was suspicious
Part of trading tricks I am told.
But I am an amateur as well:-(

[codek] 20/8/2014 15:04

Why the rise though? I see no news? Is it normal for random shares to suddenly increase so much without news? If anything there was a "downgrade" the other day, so this seems bizarre ( coming from an amateur here )

[tolga1] 20/8/2014 14:07

Clearly 585 as a resistance, , possibly break soon and then 650? :-)

[tolga1] 19/8/2014 14:03

Any rumours/gossip
A pleasant surprise, long may it continue