Home Reit Share Discussion Threads

[spob] 20/2/2016 01:21

The best thing about the new possible offer is it's all cash.

No hedging required.

[spob] 20/2/2016 01:18

Argos maybe ?

It's human nature isn't it

If someone else wants it, then I want it too :)

[spob] 20/2/2016 01:17

Well who knows, there may be other bidders waiting to show their hand.

[oldvic] 19/2/2016 23:26

they seem to be forming a kin line

[leadersoffice] 19/2/2016 21:40

Not sure about the existing concessions but dealing with the matter at hand... Sainsbury's may match the offer from Steinhoff but don't think they'll offer more but if they do... Just goes to show that they were getting Argos to cheaply. Home retail always said, it should have a two in front of the naughts,Anyone one else out there? Let's hope we can get £1.80+ and it's a done deal

[katie priceless] 19/2/2016 21:14

What would happen to Sainsburys in store Argos concessions ? What will this news do to Sainsburys share price.

[leadersoffice] 19/2/2016 21:09

I knew it... Couldn't believe that there wasn't someone out there that was interested in buying Argos. Great news. We may yet see Sainsbury's raise there offer... Maybe not by much but £1.85 would be great. Sainsbury's are getting Argos to cheaply imo.

[haywards26] 19/2/2016 20:32

Great news :)

[jaykaytee] 19/2/2016 19:41

fantastic news!

[fizzypop] 19/2/2016 18:14

DT comment on new bid:

[davidosh] 19/2/2016 17:21

Going to be very interesting from here now a rival bidder....

Home Retail Group plc

Statement Regarding Steinhoff Announcement

The Board of Home Retail Group plc ("Home Retail Group" or the "Company") notes the announcement regarding a possible offer by Steinhoff ("Steinhoff") and confirms that it has received an approach from Steinhoff regarding a possible cash offer for the Company for a total value of 175 pence per Home Retail Group share (the "Steinhoff Proposal"). The Board is reviewing the Steinhoff Proposal with its advisers and will make a further announcement in due course. Home Retail Group shareholders are advised to take no action at this time.

[spob] 19/2/2016 15:06

D-Day Tuesday

[oldvic] 19/2/2016 09:11

d day monday ???

comments flowing like mud on here !

[imperial3] 18/2/2016 17:00

The more Sainsburys goes up the more I like it,if it is a done deal.

[dangersimpson2] 18/2/2016 16:20

With Sainsbury's @263p it is more like 167.2p since the offer is 82.8p cash + 0.321 SBRY shares.

[jaykaytee] 18/2/2016 15:55

Correction - 161.3p

[jaykaytee] 18/2/2016 15:55

Share price slowly rising over the past few days, as we get closer to the deadline. Does this indicate that this is a done deal?
Sadly we have not had any counter bids from any other companies like Amazon, etc.
So we are unlikely to have a bidding war - £161.3 seems to be it folks!

[gain] 17/2/2016 09:14

The grim reality of the EU

[gain] 17/2/2016 07:31

MEP Hannan on cnbc this morning said that Originally Cameron wanted a renegotiation of UK relationship with EU but has ended up with a ninor reversible rule change

[gain] 17/2/2016 06:16

We have friends of long standing ready and anxious to trade with us - instead of the anti-democratic unjust and politically biased EU

[katie priceless] 08/2/2016 15:34

It would have been a counter bid , when did Sainsburys first put a bid price to HOME and was turned down ?

[imperial3] 08/2/2016 15:01

I reckon this is a done deal with Sainsburys.Mike Coupe is hardly likely to back out now,after all that has been said,about the synergies of the businesses.

[haywards26] 08/2/2016 13:34

Katie Pricless....that snippet is hardly counter bid news. It just mentions previously another party looked at Home but decided to focus on other deals...

[jonny33] 08/2/2016 13:34

I actually like tip TV it's good for getting market views and trends however some of the tips are pretty rubbish - I've tracked a number of their recommended 'growth' shares only to see them bomb eg Falanx (FLX) tipped at 40p, now 6.5p; Pantheon Res (PANR) tipped a few weeks ago for £2 when they were £1.5 now 88p.

They monger in gossip there is not enough consistency to actually take the information seriously.

[katie priceless] 08/2/2016 13:30

That's the one