|Expro International Group
||EPS - Basic
||Market Cap (m)
|Oil & Gas Producers
Real-Time news about Expro Intl. (London Stock Exchange): 0 recent articles
|norbert dentressangle: The lights are glowing pretty brightly at the moment, with no obvious reason. Share price up from a shabby 2.2p when they exited from AIM to currently an exciting 11p! Not sure how many folk held on after the AIM departure but I'm glad I did. Going to cash in shortly, if only I could find that certificate...|
|macmoss: Yes, sorry, £14.35. I'm afraid my fingers do not always type what my brain tells them to do! I see that so far today the share price has been as high as £14.67 so a small premium to the offer price. As I type shares are changing hands at around £14.54. Other parties are looking at Expro so a higher offer is possible. The directors are recommending the present offer but their share holdings are not at all significant so I guess it will be the institions that have the final say. As I said, I am happy with the present offer, having paid less than £3 for each of my shares, but the fair value Of £17 mentioned by the fund manager on Bloomberg would be even more pleasing.|
|macmoss: This is what I said in in my postings on 8th April when the share price was around £12.40
"Chart looking interesting. Need to break the recent highs for a possible run to £15. Fund manager Jane Coffey said on Bloomberg, about 8 weeks ago, that this company was worth over £17 and that she was prepared to continue to hold the stock."
"I respect Jane Coffey's view that Expro is worth £17. I accepted her comments on face value. As a holder of Expro for more years than I can remember I would be very happy with £15. I am saying £15 based on completion of a potential chart pattern, but it is dangerous to buy in anticiaption of a breakout above resistance, which I see at around £13. IMO £15 should be the level the share price should attain based solely on the chart with no reference to the potential bid."
It will be interesting to see if other institutional investors agree with Jane Coffey and hold out for a higher offer. I am very happy with the £14.63 but if we see the share price trade above the offer price today then there is the chance of a higher offer.|
|macmoss: I respect Jane Coffey's view that Expro is worth £17. I accepted her comments on face value. As a holder of Expro for more years than I can remember I would be very happy with £15. I am saying £15 based on completion of a potential chart pattern, but it is dangerous to buy in anticiaption of a breakout above resistance, which I see at around £13. IMO £15 should be the level the share price should attain based solely on the chart with no reference to the potential bid.|
|spirie: casual observer now, hit the deal button at what turned out to be the highest price today, thankfully. tidy profit on investment so can't cmplain too much (although not quite the 12.66 of Thamestrader). Market seems to have settled that the deal won't go or that offer will be mid-£12s so not going to hit the £13 peaks again until some sort of confirmation of talks announcement is made.
Given past history, my hunch is that another 1-2 weeks with no progress then announcement that talks have come to nothing, share price drops to just above where it was last week- £9.50???
Be interesting to watch now.|
|thamestrader: Actually EXR's share price is no higher than it was four months ago when there were no takeover talks in the offing.|
|cantab: Strange that it's jumped and then flatlined. Wonder if we'll see any change when the US wakes up?
Mystery solved - it hasn't flat lined, ADVFN's chart is broken. I thought it was unusual for EXR's share price to stop moving. Still, it all adds to the conspiracy theories!|
|judyelliot: Very good results today, though it was expected and much of it was in the share price already. But a very good future outlook could tempt some of the watching analysts to adjust their forward ratings upwards.|
|thebuddha: Over a third increase in profit. Not bad by any standards. 8% increase in share price hardly covers it.
Guaranteed turnover due to required supply. This isn't even close to its top.|
|grgkecer: Sondex results are good, but the share-price is down.|
Expro share price data is direct from the London Stock Exchange