Equatorial Palm Oil Share Discussion Threads

[warwick69] 24/10/2013 10:40

Are they allowed to do that with out disclosure I thought any disclosed party had to fez up to any trades whilst under offer so they would have to release an RNS would they not so must be some one else with less than 1%

[w1ndjammer] 24/10/2013 10:27

interesting the sells today haven`t knocked the price back, wonder if KLK has decided to take up the slack.

WJ.

[warwick69] 23/10/2013 12:57

will this be a personal holding or as held by Mirabaud securities on behalf of clients?

[warwick69] 23/10/2013 12:48

hope he knows something.

[linslader] 22/10/2013 16:05

These RNS releases sound more and more to me like an offer is almost there and they want the shareholders to be absolutely clear of the nature .

[euclid5] 22/10/2013 13:09

I see they re priced the warts from around 15p to 8p - will KP be fully funding the cash requirements for this asset or part funding it ?

[warwick69] 22/10/2013 12:59

must be quite keen as they have notified a few RNS's now and they cost money if it was a non starter surely they would not even have bothered making any updates? just let the bid period lapse... there is no smoke without fire and the way this jumped up so dramatically before the news broke indicates someone is well in the know???

so only a matter of time now before we hear the price they are willing to offer?

[seabass] 22/10/2013 12:52

pleased it may be a cash only offer it it goes thru - much simpler and no dilution or mumbo jumbo etc!!

[warwick69] 22/10/2013 12:46

well looks like we are the only ones watching this today WJ??

[w1ndjammer] 22/10/2013 12:40

well looking back through the trades the two big ones went through on 11/10/2013
1,000,000 and 2,000,000 and it looks like they are still onboard, even if they broke them down into 100 / 200k the sells are not their.

so I am sticking with it and stand by my prediction of 15p / 20p

WJ.

[warwick69] 22/10/2013 12:21

yes that must be a massive buying signal to the market why is no one jumping o this must be worth a punt from the t traders and day traders????

[w1ndjammer] 22/10/2013 12:19

this is an extract taken from the KLK release on the 17/10/2013

Any offer (if made) will be made solely by certain offer documentation which will contain the full terms and conditions of any offer (if made).

well they have moved a step closer, and decided the terms and conditions

its CASH.

WJ.

[warwick69] 22/10/2013 12:06

well MM's will buy all my stock now it went to Negotiated trade before the news so they know the score? needs a few new buyers to get this on the Radar???

[warwick69] 22/10/2013 12:04

hope so WJ would like a nice 10p plus cash offer

[w1ndjammer] 22/10/2013 12:01

I think its just off the radar, the heavy buying last week was peeps in the know taking positions, Most of the peeps on BB`s are only interested when they see blue and follow the trend, they cant be bothered spending all day researching a company, like I did with this one. so they don`t know the potential.

WJ.

[warwick69] 22/10/2013 11:52

Why no trading surely must be possible much higher bid than current SP??

[w1ndjammer] 22/10/2013 11:50

I would say we are getting close, bet KLK are trying to smoke out any other possible bidder, this is a valuable company all to play for.

WJ.

[warwick69] 22/10/2013 11:10

KLK confirms that, if it were to make an offer for EPO, the consideration is likely to be solely in cash.

[warwick69] 22/10/2013 11:09

why would they say all cash offer if they are not actually thinking of making an all cash offer must be due a bounce from recent lows???

[warwick69] 22/10/2013 11:08

Kuala Lumpur Kepong Berhad
Statement re Possible Offer
Statement re Possible Offer

Kuala Lumpur Kepong Berhad


NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

22 October 2013

Equatorial Palm Oil PLC

("EPO" or the "Company")

Possible offer consideration

In its announcement of 15 October 2013, the board of EPO noted early stage discussions with Kuala Lumpur Kepong Berhad ("KLK") regarding the funding of EPO's joint venture, Liberian Palm Developments Limited ("LPD"), which may or may not lead to an offer of funding for LPD and which may or may not include an offer for all or part of the Company. LPD is a joint venture with Biopalm Energy Limited ("Biopalm").

KLK confirms that, if it were to make an offer for EPO, the consideration is likely to be solely in cash.

There can be no certainty that any offer for EPO will be made, nor as to any other terms of any such offer should one be forthcoming, nor can there be any certainty that any funding will be provided by KLK as a result of these discussions. This announcement does not amount to a firm intention to make an offer under Rule 2.7 of the City Code on Takeovers and Mergers (the "Code").

Enquiries:

Lincoln International LLP (Financial Adviser)

Julian Tunnicliffe / Harry Kalmanowicz
[phone]


Lincoln International LLP which is regulated in the United Kingdom by The Financial Conduct Authority is acting for KLK in relation to the matters described in this announcement and is not advising any other person, and accordingly will not be responsible to anyone other than KLK for providing the protections afforded to customers of Lincoln International LLP or for providing advice in relation to the matters described in this announcement.

The directors of KLK accept responsibility for the information contained in this announcement. To the best of their knowledge and belief (having taken all reasonable care to ensure that such is the case), the information contained in this announcement for which they are responsible is in accordance with the facts and does not omit anything likely to affect the import of such information.

[warwick69] 22/10/2013 09:59

from iii

This stock traded at 20-30p+ in 2011, 12p would be far too low a valuation given all the work done rehabilitating the land, training locals, investment into plants, etc. I would not want to guess the price at which a 'possible takeover' could be done because I am not a financial expert but I've been following EPO for 3 years now and they have a good team there. Geoff Browne is one of the world's best growers in Palm Oil and they have put a lot of time and effort on the ground.

Nurseries, sales, etc give this company a higher value but I don't want to speculate. The assets on the ground too, 200,000Ha is a lot of land!! And not to mention they are doing it all in a sustainable manner, certified by the Sustainable Palm Oil organisation. DYOR and GLA!

[warwick69] 21/10/2013 13:30

why oh why is this drifting with so little interest. weak T traders being washed out I guess? i have just topped up 91k at 5.64 seemed a great offer hopefully some news on the funding or takeover bid soon?

[warwick69] 18/10/2013 12:40

why is this so quiet!!!

[w1ndjammer] 18/10/2013 11:11

TIDMPAL

RNS Number : 8648Q

Blakeney Management

18 October 2013

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 whose positions/dealings are being disclosed: Blakeney Management
-------------------------------------------------------------------------------------------- ------------------------
(b) Owner or controller 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 in relation to whose relevant securities this form relates: Equatorial Palm Oil plc
Use a separate form for each offeror/offeree
-------------------------------------------------------------------------------------------- ------------------------
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify N/A
identity
of offeror/offeree:
-------------------------------------------------------------------------------------------- ------------------------
(e) Date position held/dealing undertaken: 16 October 2013
-------------------------------------------------------------------------------------------- ------------------------
(f) Has the discloser previously disclosed, or are they today disclosing, under the Code in No
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 and/or controlled: 41,722,000 20.81%
-------------------------------------------------- ----------- ------- ------------- ---
(2) Derivatives (other than options):
-------------------------------------------------- ----------- ------- ------------- ---
(3) Options and agreements to purchase/sell:
-------------------------------------------------- ----------- ------- ------------- ---

TOTAL: 41,722,000 20.81%
-------------------------------------------------- ----------- ------- ------------- ---


All interests and all short positions should be disclosed