Manroy Share Discussion Threads

[bookbroker] 28/11/2013 08:07

I can't see there being any premium to the current price, so far it's clear that all are low ball bids, and with the US arm you are going to have to go through all the accreditation aspects of supplying the US Dept. of Defence, it's going to be a non-starter, Manroy should tough it out and see if they can build their business through grit and determination, already it appears Beretta are somewhat non-committal.

[battlebus2] 28/11/2013 07:51

Any bid less than 1.20 should be rejected imv, if not we will get there on our own trading though it will take some time.

[temelco] 28/11/2013 07:49

Mind you, I daresay the MMs will knock it back today

[temelco] 28/11/2013 07:46

I still say £1.50

[battlebus2] 28/11/2013 07:35

Looks like a one horse race now.

[eburne1960] 27/11/2013 15:47

No it's not new, it was announced in July when they acquired Cazenove who previously held the shares on a discretionary basis for their clients' portfolios.

[youngbaz] 27/11/2013 15:12

Re the RNS ... So Schroders control 9% of the votes.Is this new/surprising info? Do we know who they act for or whether it's their own investment?

[temelco] 27/11/2013 09:02

%0 crossing upwards 200? I think so...

[chrisis33] 26/11/2013 19:35

Thanks ... got it.

[battlebus2] 26/11/2013 19:27

Yep sorry my memory and all that, sent you a reply.

[chrisis33] 26/11/2013 18:49

Did you get my mail ... tried .co.uk at the end instead.

[battlebus2] 26/11/2013 18:48

cheers chrisis33

[chrisis33] 26/11/2013 18:41

Well done holders

[battlebus2] 26/11/2013 18:15

Looks like we still have a buying opportunity here at 75p as surely any offer will be much more.

[temelco] 26/11/2013 15:42

Hmmm - three bidders? What a nice situation to be in.
I'd bet the directors and friends ( who can deliver a lock out) won't sell for much less than £1.50

[simon gordon] 26/11/2013 10:44

Davidosh,

That's a lot of bacon!!!

[nurdin] 26/11/2013 10:36

Brokers are expecting earnings of 14p for 2014.Selling the company at a modest rating of say 10x would suggest a price target of 140p..even lowering the exit multiple to say 8x suggests that the current price is too low despite the rise.

[davidosh] 26/11/2013 10:33

I was saved by a broker going off to breakfast earlier apparently....I phoned through this morning when I saw the spike upwards as I wanted to take some profit on the ones picked up at the lows and phoned an order to sell 20k at 65p...luckily they had not acted on it as the guy was getting his bacon butty lol. I pulled it as soon as I saw the news and turned buyer so reversed my order and actually bought 20k..lol. Sometimes you get lucky !

jimmy12345...Sorry to hear your bad luck. If you want to come to our Christmas Mello dinner event on 9th December then the meal and drinks will be on me.

[nurdin] 26/11/2013 10:30

luvly jubly...:o)

[battlebus2] 26/11/2013 10:22

Shouldn't sell at under 1.20 IMV. Even better if we can keep it British. Rights to machine guns worth a lot on it's own.

[bookbroker] 26/11/2013 10:15

Not a done deal, difficult to see a large premium, we'll see at some point, and I can't see directors selling on cheap.

[simon gordon] 26/11/2013 10:11

Stone the crows.

[speedsgh] 26/11/2013 10:08

Statement regarding recent share price movement

Manroy, the AIM quoted UK defence contractor, notes the recent movement in its share price and confirms that it is in very preliminary separate talks with each of Herstal SA ("Herstal"), Beretta Holding S.p.A. ("Beretta") and U.S. Ordnance, Inc. ("USO"), which may or may not lead to an offer being made for the whole of the issued share capital of the Company.

There can be no certainty that a formal offer will be made for the Company or the terms on which such an offer may be made.

[diggulden] 26/11/2013 09:17

What are you selling next Jimmy? ;)