Dhir India Share Discussion Threads

[spectoacc] 21/12/2011 09:27

Anyone know how MacKenzie can have picked up 19.6% of the co without previously having 3%+, or have I missed an RNS?

[tiltonboy] 21/12/2011 09:15

He sold 200k yesterday and has got 100k left.

[tiltonboy] 21/12/2011 09:07

more,

Looks like Douglas was our seller yesterday, but not the persistent seller over the last few months.

[moreforus] 21/12/2011 09:01

our seller (no pi hiring required enviro..)


Form 8.3 - Dhir India
Print
Alert

TIDMDHIR


FORM 8.3


PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY


A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE


Rule 8.3 of the Takeover Code (the "Code")


1.KEY INFORMATION


(a) Identity of the person Douglas Gourlay
whose positions/dealings
are being disclosed:
(b) Owner or controller N/A
of interests and short
positions disclosed, if
different from 1(a):
The naming of nominee or vehicle
companies is insufficient
(c) Name of offeror/offeree Dhir India Investments Plc
in relation to whose
relevant securities this form relates:
Use a separate form for
each offeror/offeree
(d) If an exempt fund manager connected N/A
with an offeror/offeree,
state this and specify identity
of offeror/offeree:
(e) Date position held/dealing 20/12/11
undertaken:
(f) Has the discloser previously NO
disclosed,
or are they today disclosing,
under the Code in respect of any
other party to this offer?


2.POSITIONS OF THE PERSON MAKING THE DISCLOSURE


(a)Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)


Class of relevant security:
Interests Short positions
Number % Number %
(1) Relevant securities owned 100000 0.6
and/or controlled:
(2) Derivatives (other than options):
(3) Options and agreements
to purchase/sell:
TOTAL:


All interests and all short positions should be disclosed.


Details of any open derivative or option positions, or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).


(b)Rights to subscribe for new securities (including directors' and other executive options)


Class of relevant security in relation
to which subscription right exists:
Details, including nature of the rights
concerned and relevant percentages:


If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.


3.DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE


(a)Purchases and sales


Class of relevant Purchase/sale Number of securities Price per unit
security
Ordinary shares SALE 200000 34.8p
of 10p

[spectoacc] 21/12/2011 08:14

Unless major s/holders block it, or unless Dhir can be persuaded to raise it, has the feeling of a done deal.

Mackenzie Financial (giant Canadian co?) RNS'd 19.6%, but why weren't they previously on the major shareholders list?

[badtime] 20/12/2011 23:08

Tilts...soz but i hav somewhere else in mind..plus some if it is needed for daughters college fees....but i would gladly let u hav them..sorry

[hugepants] 20/12/2011 22:14

Aren't the large shareholders usually sounded out beforehand in these cases as regards price? Also Alok Dhir has been managing these assets for the last 4 years so he will know exactly what he's buying and he'll be certain he's getting a good deal. Probably a done deal.

[tiltonboy] 20/12/2011 21:55

Stew,

I think it will go through.

[moreforus] 20/12/2011 20:54

Tilton which is why the market was happily taking them off people at 32p...

[daytraders] 20/12/2011 19:15

I suppose at least i will get my money back and a few percent profit on top(3% i think), still better than a bank account, im just a bit jealous of the very short time 16p buyers if im honest with myself(well done i suppose), oh well!

[stewjames] 20/12/2011 18:53

tiltonboy, you think it's a high probability the bid will go through?

[tiltonboy] 20/12/2011 18:33

badtime,

Why not wait for the other 6p. I would have taken them off you at 36p.

[badtime] 20/12/2011 18:20

cashed in at 36...which from 16 is fine snuff...lucky!

[envirovision] 20/12/2011 13:37

yea well in other news:

Trio of cowboy clampers who pocketed £350,000 from 'bullying' parking fee scam while also collecting benefits are jailed

Read more:

[greedfear] 20/12/2011 13:33

Too late, I've informed the proper authorities now and they're going to pay you a visit. :)

[envirovision] 20/12/2011 13:28

actually second thoughts better withdraw that, being several million pounds richer is probably enough to shut anyone up :(

[daytraders] 20/12/2011 13:26

Acorn has been set up and is owned by certain members of the family and other business associates of Mr Alok Dhir, a director of DII and a director and major shareholder of Shiva, DII's investment manager.

[greedfear] 20/12/2011 13:10

1. You get robbed on the street from 500 GBP and left with a tenner to take a cab home
2. robber chances his mind offering you 5 GBP for it
3. You being happy for left with 5 GBP
4. Don't have to walk home, can still get the bus. Hurray!

[greedfear] 20/12/2011 13:02

Moreforus, you probably don't have to fear the Rusian mob in India lol
But I'm truly very interested how things will turn out here.
Hope holders will be rewarded. BOL

[spectoacc] 20/12/2011 12:58

NAV is 77p but only a big drop because they wrote down Project Cygnet so much - when they were supposed to have completed on the sale, and never told us they hadn't.

I'm sure 42p is robbing us blind, but on the other hand, I'll take it because I can't see any other options and I'll be glad to leave this one behind.

[greedfear] 20/12/2011 12:55

I agree daytrader and the fun part is it's all in YOUR best interest!

Edit: I agree on someone probably getting a lot for free, not on DHIR being worth over 100p

[moreforus] 20/12/2011 12:54

Daytraders - the NAV is 74p..

However you want to cut it ..yesterday the bid was 14p...

I'm holding for my cash - I'm not afraid of the Russian mafia ..in India

[daytraders] 20/12/2011 12:51

No way i want to except this offer, i bought at a bargain price of 39p(will just b/e after costs etc), its worth easily still over 100p in my eyes, yeh well done all who bought in at like 16p or around that price, but someone is getting alot of cash and assets for free here, umm