Imprint Share Discussion Threads

[evilblues] 11/4/2008 10:44

Apatel - i hear you.If,like me - you're locked into leveraged shares & are not entitled to them until last possible moment,it could well be June/July,a full year after there were murmurings of t/o bid.Pitiful management,just pathetic.

[kimboy2] 11/4/2008 10:39

TDW gave me mine back some time ago after a bit of a push.

[apatel21] 11/4/2008 10:19

Just when you think its all over - unbelievable when will we get our money !

I've managed to get my shares back now so i will sell in to any spike. Just trying to do the same for the wife now with TDW.

[williebiz] 10/4/2008 18:40

The announcement of a switch from a scheme of arrangement to an offer or vice
versa will not of itself be treated as the announcement of a revised offer in
any round.

Now don't call me Mr Thicko too loudly but what are the basic differences between these different takeover routes if you had to express it fairly succinctly? TIA.

[puffin tickler] 10/4/2008 18:34

indeed!

should be worth another half pence

[williebiz] 10/4/2008 18:34

Never ending storeeeee...[sung by Limahl AKA The Shadow AKA Williebiz OK made up the bit about Limahl ;-) ]

[nigelpm] 10/4/2008 18:21

here we go again!

[apatel21] 10/4/2008 11:15

Thanks Gengulphus

[gengulphus] 10/4/2008 11:10

June the 6th according to the expected timetable published in the company circular - if you want more details of that timetable, see page 4 of .

Gengulphus

[apatel21] 10/4/2008 11:04

If the EGM on 2nd of May all goes smoothly when might we expect payment from Premier?

[williebiz] 10/4/2008 07:23

City job vacancies down by quarter
By Andrew Taylor, Employment Correspondent

Published: April 10 2008 00:52 | Last updated: April 10 2008 00:52

City of London job vacancies are almost a quarter lower than at the same stage last year and it is taking much longer to fill posts as the banking crisis has sapped employers confidence.

The average time taken by job applicants to secure a City post has increased to just over 60 days, almost 11 days longer than a year ago, according to Morgan McKinley the financial recruitment specialists.

City vacancies last month were 2 per cent lower than in February and 23 per cent down on March last year, it said.

Robert Thesiger, chief executive of Imprint, Morgan McKinley's parent company, said: "These figures show that recruitment within financial services in London has entered into a new phase of its cycle. Job volumes are lower, candidate supply has exceeded demand for the third consecutive month this year and the time it takes for individuals to secure a new job has increased by an average of 26 per cent.

"I think most would agree that the remainder of 2008 will be tough for both the financial services industry and financial services recruitment. It is clear from the announcements of banks' quarter one results that while some performed better than expected, a number of bulge bracket firms [major investment banks] have still had to deal with significant losses.

Average salaries remained relatively static dipping 0.7 per cent compared with February and 2.9 per cent lower than in March last year. People who had plucked up the courage to move, however, were able to boost their pay.

Mr Thesiger said: "Understandably, over the last few months, individuals within financial services have adopted a more considered approach to moving roles; an attribute consistent of an uncertain market such as the one we're in. However those individuals who did seek new career opportunities in March received an average increase of 20 per cent on their previous basic salary.

"Confidence is of paramount importance within any economy, but particularly in the micro-economy of the City, and until there is a significant increase on existing levels, financial services and within that, the recruitment environment will remain challenging."

Morgan Mckinley said: "Although the pace of growth in new job vacancies coming on to the market has slowed in the first quarter of the year as traditional high volume recruiters have held back on their headcount increases, niche boutiques and smaller investment houses have continued with their expansion and hiring plans, creating alternative career options for the City's talent."
Copyright The Financial Times Limited 2008

[williebiz] 10/4/2008 07:14

Downturn in the recruitment sector already well anticipated by SPs, Michael Page interims this week show some recruitment cos are weathering the storm very well/ better than feared, so maybe OPD have a point.

Just goes to show what a lowly takeover valuation has been put on IMP

[g8ta] 10/4/2008 06:35

I assume that OPD are continuing with their bid in hopes that their share price will improve and therefore their offer will become more competitive. To equal Premiers' offer, OPD's share price needs to be 220p (if my maths is correct), and is currently at 180p. OPD directors have been buying up their own shares with Hearn making the most effort. Of course it will take more than this to move the share price. Whether they are playing a clever game or not remains to be seen. EGM and Court meeting on 2 May then.

[jockblue] 09/4/2008 15:11

DesWalker - HSBC are taking exactly the same stance. When I talked to them, they explained that it was my fault for not understanding what it said on their letter:0-

So, ahoy hoy to new broker!

In the meantime, cant see what the hell OPD are bothering for....surely its better to cut their losses and run as their offer is woefully low. If they were hanging on to trump them all at the end, you'd like to have thought they'd have come up with something by now.

What's the next deadline....is it Premier's EGM? Wonder what Prem's take on possible legals from HYDG is? Cant really see what they have to complain about unless the Directors broke the rules on who they recommended.

[gengulphus] 09/4/2008 12:07

evilblues,

Unlikely, because the TNF article really is nonsense! OPD's acceptances have decreased considerably since their last update...

Compare (today) with (about 2 weeks ago).

Gengulphus

[deswalker] 09/4/2008 11:27

Has anyone holding IMP through Selftrade tried to get their shares reassigned to their accounts after having them frozen due to accepting the Partial Cash Alternative of the Hydrogen Offer ? It seems pointless to still have them frozen when the HYDG offer is manifestly dead in the water.

Are Selftrade up-to-speed at handling this and what are other online brokers doing ? Many TIA.

[evilblues] 09/4/2008 10:48

could this opd increased acceptance nonsense threaten to block Premier?
Ta in advance

[gengulphus] 09/4/2008 09:15

The TNF article about it thinks OPD's acceptances have increased - LOL!

Gengulphus

[deswalker] 09/4/2008 08:31

OPD RNS to extend their offer lol ...

[apatel21] 08/4/2008 18:10

I am still unclear why the company decided to pursue this route rather than being independent. I notice the PBT forecast for nearly £6m in 2009 after £4.82m this year.

When you have such shambolic leadership going it alone was not going to be a very good option especially going in to a downturn.

What grates me is how the non-exces (JG) have failed miserably to try and extract best value for the shareholders in the shortest possible time once a decision was made to sell up.

[kimboy2] 08/4/2008 17:35

It certainly has.

I am still unclear why the company decided to pursue this route rather than being independent. I notice the PBT forecast for nearly £6m in 2009 after £4.82m this year.

I suspect that those who are some way under water would feel somewhat aggrieved at the pathetic stance of the management.

[kimboy2] 08/4/2008 17:19

I would have thought that the proposed litigation for 'substantial damages' would affect the valuation of IMP unless they are insured against it.

If this were the case it may hold the deal up. I would expect HYDG to get paid off to let it go through.

It seems that HYDG can't find any more cash though.

[deswalker] 08/4/2008 17:09

apatel ... yes, they're not trying to prevent it going ahead, just wanting cash compensation. I imagine the takeover will have long since completed before the HYDG court case is heard.