Landkom Share Discussion Threads

[reyemrenburg] 03/1/2012 18:00

As grandpa back home on the farm would have said: " Uns wus robbed" !

[hightech] 03/1/2012 17:04

We need a third bidder. It's a bargain in hand of cowboys.

[5huggy] 29/12/2011 17:47

JadenFinch offered 3p

[giant steps] 22/12/2011 14:01

JadenFinch offered 2.3p (7 Dec 2011)



RNS 22nd Dec 2011

[divinausa1] 22/12/2011 12:53

Giant Steps - 21 Dec'11 - 14:30 - 2159 of 2166

I still can't believe it, a dreadful outcome for LKI investors
(current bid price 2.25p)
========

moan moan moan

i think its a good outcome to be part of a bigger player
farmer just joined and 1st post here... interesting
Chinese would love it!

[farmer20] 21/12/2011 19:56

IMO a counterbid although unlikely is possible given the deal is a significant discount to net asset value and it is difficult to get such large quantities of Ukrainian farmland in a single transaction at the moment so LKI might yet prove attractive to another Ukrainian player.

For me more attractive is the current discount to the offer price. Alpcot closed tonight with a price of 7.625 SEK which translates to 3.22p offer price yet LKI has dropped to 2.5. I bought back in at 2.5 and expect to make my 20% when merger arbitrage funds and investors bring the discount back to nil. I sold at 7 (at a profit) earlier in the year so i dont have the losses that others are carrying - comiserations for you longer term holders. Surely someone can make profits in farming - prices keep going up - how hard can it be???

[hightech] 21/12/2011 16:31

Can another bidder appear at a higher price?
It's a real bargain at these levels.

[giant steps] 21/12/2011 16:00

RJA, that may be a problem for most folk - they probably won't be able
to hold them in a easily tradable form, and on that basis some may
simply sell-up prior to conversion.

[rj allen] 21/12/2011 15:56

Will I be able to hold these Swedish shares in my TDW Account?

[cootuk] 21/12/2011 15:37

Looks like Spink and the original equipment suppliers benefitted most from all this.

[fctwente] 21/12/2011 14:37

These people care not one jot about investors. Understand that and whilst painful, it feels a bit less personal.

[giant steps] 21/12/2011 14:30

I still can't believe it, a dreadful outcome for LKI investors
(current bid price 2.25p)

[fctwente] 21/12/2011 11:11

Another AIM disaster. Personally, I've timed this really badly as it turns out.

[giant steps] 21/12/2011 10:25

Alpcot Agro investors realise they get a bargain !

RNS 21st Dec 2011

[beeks of arabia] 21/12/2011 08:30

You keep telling yourself its a superb deal love.

[divinausa1] 21/12/2011 06:42

could of been worse victor meldew look at ope yesterday they raised funds at 80% discount, would not like to be in AIM companies that need to raise cash in these markets unless they have a rock sold asset

[divinausa1] 21/12/2011 06:36

i guess when markets improve they will be looking for a london listing?

[divinausa1] 21/12/2011 06:33

GS still doing your victor impression lol

if your looking for some advice check this guy out but be carful!



i like the deal and better to be in a bigger company
a loaf of bread will be more valuable than an ounce of gold one day....

[beeks of arabia] 20/12/2011 21:20

Looks like a "take it or we are bust anyway" kind of offer, if you look at the trading statement.

[giant steps] 20/12/2011 20:18

What a dreadful outcome, 2.62p


"
The consideration under the terms of the recommended Acquisition represents a value of approximately 2.98 pence (SEK 0.32) per Landkom Share, based on the average closing price over the last 20 trading days of 66.07 pence (SEK 7.10) per Alpcot Agro Share.
"

"
The consideration under the terms of the recommended Acquisition represents a value of approximately 2.62 pence (SEK 0.28) per Landkom Share, based on the closing price of 58.20 pence (SEK 6.25) per Alpcot Agro Share on 19 December 2011 (being the last practicable date prior to this Announcement).
"



RNS 20th Dec 2011 (afterhours)

[bam bam rubble] 20/12/2011 19:16

The consideration under the recommended offer represents an equivalent value of 2.62p per Landkom Share based on Alpcot Agro's closing price on Dec 19th 2011

A takeover at 16% discount to the mid-price, 60% below the share price as of Jan 2011 and 95% below the IPO price, another AIM disaster

[5huggy] 20/12/2011 18:37

IM FOR IT FOLKS!

[beeks of arabia] 20/12/2011 18:18

good grief!

Divina?

[3800] 20/12/2011 18:15

looks like the rescue has come at about 3p any remaining shareholders will no doubt be moaning but ort to be grateful.
3800