De La Rue Share Discussion Threads

[casual47] 28/2/2015 13:38

JS -- assuming for a moment that DLAR is working on the new Greek currency prep....I imagine that it is DLAR who is absorbing the costs associated with that if Greece did not end up needing a new currency? What's the order of costs this may involve?

When you say "not allowed to fall into foreign ownership" -- do you mean the government will block it? How would they go about it, legally? They were completely helpless with the Kraft takeover of Cadbury and arguably bungled up the whole thing.

DLAR certainly seems to have made a major error of judgement when they sold the smart card division to Oberthur.

Anyone know/guess why Oberthur insisted on getting BOD recommendation for the takeover rather than do a hostile takeover?

[quepassa] 27/2/2015 12:26

At a time when this share is a little dull, some very interesting and colourful posts, especially about the history of de la rue. Well done!

Keep it up. It's great stuff to read. The tales are on par with Ian Fleming!

I want the next story.

QP

[meijiman] 27/2/2015 12:06

Fine -I have some shares and would like the share price higher -as would we all.

[casual47] 27/2/2015 11:47

Meijiman -- James S is not the one digging up slabs of text to "prove his point"....so who is the one with time on his hands?

Let this car crash be over please, thank you

[meijiman] 27/2/2015 08:48

You have way too much time on your hands-think you need to get out more.

[james smith] 26/2/2015 22:22

You have no case. You know nothing. I worked with these people from Gateshead to Dublin, USA, Colombia, Nigeria, India, Brazil and so on all round the world and your image is so way off the mark as to be absurd.

[james smith] 26/2/2015 22:14

meiljiman

LOL In 1975 the de la Rue head office was a pretty boring office block above some shops in Regent Street and the banknote division was in a brand new office block in Basinstoke on the industrial estate next door to the AA. I know, I worked in both them. I was Group Management Accountant for de la Rue International. The printing works were in Gateshead.

You really are a numbskull.

[meijiman] 26/2/2015 17:46

Giles de la rue who was there from 1948 to1951.countless others as well.

[james smith] 26/2/2015 16:50

Come on meijiman, you little twerp, name me a chinless wonder from de la Rue's management.

[james smith] 26/2/2015 16:47

So, who are you getting at? Arthur Norman maybe or Peter Orchard? From my memory neither of them chinless wonders.

[james smith] 26/2/2015 16:46

So, I see:

meijiman, you said

"but used to specialise in employing chinless wonders from the right sort of school"

and

I stand corrected then. Always happy to bow before an expert such as yourself.
I'm not talking recently but in the past-when you were in short trousers.

and

when you were in short trousers -no idea really. maybe you still wear them?

So, you dated your knowledge to the time I was in short trousers but don't know when that was. On that basis you don't have a clue what or when you are talking about.

What a prattling numbskull.

[meijiman] 26/2/2015 14:36

when you were in short trousers -no idea really. maybe you still wear them?

[brer_rabbit] 26/2/2015 14:24

LOL

He won't answer. He's just a know nothing with a big mouth.

[james smith] 26/2/2015 14:13

meijiman
26 Feb'15 - 11:56 - 873 of 877 0 0

I stand corrected then. Always happy to bow before an expert such as yourself.
I'm not talking recently but in the past-when you were in short trousers.

James Smith
26 Feb'15 - 11:57 - 874 of 877 0 0

and when would that be meijiman?



PERHAPS YOU COULD ANSWER THE QUESTION.

[meijiman] 26/2/2015 12:48

A quick 60 second reprise on De La rue throws up -production problems/fraud investigators called in/£370m wiped off the market cap/ceo sacked.
So what was wrong with with Oberthurs' 905p cash offer??
Obviously if they had been successful they would have decimated the top management.Lets keep our jobs.
Oberthurs bid was based on a number of considerations -I don't think the outstanding management of DLAR was one of the attractions.

[james smith] 26/2/2015 12:10

You said: "but used to specialise in employing chinless wonders from the right sort of school"

My observation from my time working there was that was very much not the case.

[meijiman] 26/2/2015 12:07

In my view some of the DLAR management over the past 20 years has not been of the highest calibre. You clearly think differently.

[james smith] 26/2/2015 11:57

and when would that be meijiman?

[meijiman] 26/2/2015 11:56

I stand corrected then. Always happy to bow before an expert such as yourself.
I'm not talking recently but in the past-when you were in short trousers.

[james smith] 26/2/2015 11:27

meijiman

"but used to specialise in employing chinless wonders from the right sort of school"

That stupid remark indicates that you know absolutely nothing about the company.

[meijiman] 26/2/2015 08:48

Yes I'd love it, just love it if this got taken over(K.Keegan)
Probably now has half decent management, but used to specialise in employing chinless wonders from the right sort of school.

[thehearse] 26/2/2015 07:13

IMO the current price is at the new baseline ready for a bid, hopefully with a 30% premium. Equating to around 900p. I'll give it 3 months.