Home Reit Share Discussion Threads

[haywards26] 01/2/2016 16:29

I hope that is the case leadersoffice :) It is not clear at the moment.

[leadersoffice] 01/2/2016 16:19

The 25p will be in top of what Sainsburys is paying. £1.60 plus + 25p from the sale of Homebase £1.90 per share in total return

[fizzypop] 01/2/2016 16:11

I guess the definitive RNS will be issued 7am tomorrow.
Pity about the 25p special divi although this may get mentioned in the RNS.

[jonny33] 01/2/2016 15:34

Ditto, I've just got 10,000 left now and will look to exit at 1.60, I would rather bank the profits today then risk it all for a potential no deal.

[scapital] 01/2/2016 15:28

I'm keeping hold of the ones I've got but not topping up. There is always a risk until the deal is formally announced.

[haywards26] 01/2/2016 15:26

There is still a risk the bid may not be formally made or accepted.

[solanki2000] 01/2/2016 15:22

Why is it not trading at 160 mark? Surely time to get more at these levels

[haywards26] 01/2/2016 15:20

I have just picked up another £2k worth of shares.. Hopefully can sell them tomorrow for close to 160 :)

[yvonne] 01/2/2016 15:20

anybody else seen the guardian report the takeover was for 1.3billion approx 160 per share do we think this is right? or optimistic

[dmf] 01/2/2016 14:28

Sainsbury's takeover of Home Retail Group set to be announced

Investors are confident that a deal has been reached between the two parties at a price of slightly more than 160p a share

[scapital] 01/2/2016 13:16

Bloomberg reporting deal as being close.

[a0148009] 01/2/2016 12:11

Read the Preliminary Results announced 10th December less than two months ago, the forecast for 2016 was upbeat which does not say much for management foresight.
Also begs the question are they paying too much for acquisitions with a large bank facility and too gung ho in present market conditions.

Sorry chaps this is for another board cant erase it.

AO

[sefton1] 01/2/2016 10:44

Well lets wait and see if the FT is right.

[fizzypop] 01/2/2016 10:28

That's very naughty and deliberate. It always pays to check the source.

[evil_doctor_facilier] 01/2/2016 10:13

Leaders office- Where is that news on the ft.com site?
I think you have mischievously changed the word 'PRESSED' to 'Poised' haven't you?
Those two words have very different meanings as you well know!



leadersoffice
1 Feb'16 - 07:05 - 3591 of 3595 0 0

News just in... FT.com

Sainsburys poised to raise its offer for Argos

[jonny33] 01/2/2016 08:06

Just noticed that the short position has dropped to 4.9%

[nw99] 01/2/2016 08:04

Just added more as you say looks good

[scapital] 01/2/2016 08:03

Big orders on the bid. Someone thinks this is going through.

[nw99] 01/2/2016 07:19

165 wanted but FT says 160 should seal it

[leadersoffice] 01/2/2016 07:05

News just in... FT.comSainsburys poised to raise its offer for Argos

[leadersoffice] 01/2/2016 06:49

Argos should walk away from this deal and carry on with its restructuring.

[rickyvader] 31/1/2016 22:04

160p is too high . 150p is more than generous considering the troubles ahead for Argos if it does not attract someone who can save it.

[imperial3] 31/1/2016 21:51

The 160p offer,includes the valuation of Homebase.Simple.I do not see a problem imv.

[jonny33] 31/1/2016 21:31

I hadn't thought of that Kazoom, so to sweeten the Sainsbury's deal, keep the 200m from the Homebase sale. However there would need to be a sweetener for the shareholders in there somewhere.

[scapital] 31/1/2016 21:24

If it was even a possibility that we might be looking at 160 + 24 then the share price would be sitting around 160, taking into account the downside risk.