||EPS - Basic
||Market Cap (m)
|Household Goods & Home Construction
Darty Share Discussion Threads
Showing 201 to 223 of 225 messages
|I've only just noticed that DRTY entered the FTSE 250 on Monday, replacing CWC. That explains the large uncrossing volume at close on Friday.|
|is the latest offer £1.70p by Groupe Fnac S.A. ("Fnac")announced on 26 April 2016.|
|Me too kingmidas2 :-)|
|This is the best fun I've had in along time!!|
|Meson - £1.45 bang on as per my prediction on 13 April. Steinhoff thought they were clever by dumping Home Retail bid. Now the pressure is on them to find ways to park their funds. Looks they are coming back at £1.50.|
|So why is the Darty share price currently 9p more than the £1.25 Steinhoff offer?
Is a counter offer expected?|
|Yep that looks about right to me.|
|So..... If FNAC price has gone up 57/53 x 100 ( roughly 7.5%) then new bid for each 39 DRTY shares should be worth about 108p? Is that right?|
|There should still be more to come. Not least a better and formal offer sometime in the next 8 days. Last day to be in line for the dividend is tomorrow - that crept up unnoticed.|
|The Fnac share price is going up.|
|Through the £1 level - someone's keen imo.
|You must be as old as me!|
|Is this the place to come for an argument?|
really thought you were a nice man|
|You too Mikey, have a good one.|
|well please stop speculating and causing problems then. if you wish to send me a private e-mail i will put your stress issues at an end. thankyou
have a good weekend|
|I don't know Mikey|
|how do you know, and what name do i use on the CR thread|
|You seem to spend a lot of time on CR's site, I guess you need to get investment ideas from somewhere.|
|ive just read a post on the CR thread from the poster doodlebug4, check if you want. earlier today i showed a poster up here for calling charlotte church a nasty anti feminine word. now poster above is trying to defend him. fact is charlotte church spoke twice on the subject. he shows only the second reply that was given on the subject.
and if its good enough for the Bank Of England chief mr m carney (spoke yesterday on climate change and global warning), its good enough for charlotte, or is it just because she is a women.|
|big fall here, whats the matter
just had another look at the thread, i take it your a police man marty w
nice to know we have someone on this thread who is dependable|
|Calm down Marty W, i know you are who you say. seems to be one person here and other threads trying to stir up trouble, doodlebug4, eg, why is he here in the first place, he hasnt a position, he cetainly hasnt declared it, and hes not on the thread previously. i think hes watching your profile Marty and following your posts.
anyway back to the stock:
Liberum Broker Note
The proposed offer for Darty significantly undervalues the group. The structure of the proposed offer does not deliver fair value to all shareholders. It also precludes Darty shareholders from benefiting in line with Fnac shareholders any future cost or revenue synergies. We see a higher price, a full or partial cash alternative and even possibly a dual London listing as some of the remedies for us to alter our view that this deal is not in the interests of all shareholders
Darty management has delivered against all its stated objectives, is high quality and has support from a high quality shareholder base. The underlying valuation for the Group and now the proposed offer of 101p, do not reflect these strengths, its strong cash flow profile or the future profit potential for Darty.
Fnac is cash rich, c.€540m (Dec 2014) and with little commitment to a dividend policy we question why there is no cash component to the proposed offer. The attraction of Fnac paper, a very different business to Darty, is questionable for Darty shareholders in our view.
A 25% premium for a controlling stake in one of Europe’s largest electronic and white goods retailers is too low. Macro-indicators are improving and the proposed offer appears opportunistic in our view. Q1 trading for Darty was ahead of expectations; several catalysts exist.
Darty’s growth pillars should combine to support a 14% EBIT 3-year CAGR compared to 12% at Fnac. A FCF yield of 13% and a dividend yield of c4% are further attractions. Our new TP of 160p, implies a PE of 21x Apr 2016E and 7.5x EV/EBITDA.|
|shauney, you missed out oliverleftwingtit - he retired a few years ago according to my little sleuth. He could certainly stir it up a bit.|