Morse Share Discussion Threads

[she-ra] 23/4/2010 10:50

What a paltry offer.Its probably a MBO.

Was there any press speculation?

[redleafboy] 23/4/2010 10:40

Btw....which newspaper broke the story this time?

[wcjan26] 23/4/2010 10:17

do we know who the purchaser is?

[redleafboy] 23/4/2010 10:01

Reckon a take over war is absolutely right topyenoh. A good choice of words imho.

As DPOINT states 70p to 80p represents much fairer value for MOR

[dpoint] 23/4/2010 09:41

Correct - topyenoh - they are vauled much higher then 51p so all it takes is for someone else to come to the fore, could easily go to the 70-80 range - IMHO

[topyenoh] 23/4/2010 09:22

I found that Morse's last set of results show that they are considerably undervalued. Therefore this may well end up in a takeover war.

[geoffro] 23/4/2010 09:15

What a miserable price. Bought these a week ago and was hoping for something around 55p.

[enami] 23/4/2010 09:04

RNS

The Board of Morse plc ("Morse"), the IT services and technology company, notes
the recent media speculation and confirms that it is in advanced talks, which
may or may not lead to an offer being made for the Company at 51 pence per
share.

[tom.b] 21/4/2010 10:02

I hope you're right topyenoh.. I have been holding for quite a while just barely in profit...

[topyenoh] 21/4/2010 08:52

Chart looks very interesting. More buying will push this up even further.

Break out imminent !!!!!!!!!

[smig4] 19/4/2010 16:53

Nice tick up today, anyone know why ?

[tom.b] 17/4/2010 07:31

Something could be happening here, they were ripe for a takeover in Jan but it seemed to have fizzled out....maybe it's on again...

[she-ra] 08/4/2010 22:24

Darola - interim statement I would guess soon.If its good from Morse I think there will be significant rerating.Some decent buys going through.

But good luck with your new investment.

[darola] 08/4/2010 19:14

Call me fickle but Ive decided to move on from here with a small loss - the dip over at DGO was too much to resist, I feel there is a much greater opportunity for upside over there.... good luck to those who continue to hold.

[miss bossy boots] 08/4/2010 10:50

Old news from early March. However it doesn't appear to have been posted and it adds to the larger picture.

[she-ra] 31/3/2010 17:26

Darola - Management probably working in their own selfish interests.

[darola] 31/3/2010 17:19

Weird couple of days..... can't quite make out what is occuring. The large buys suggest good news due - then today had the volume on the selling...

I guess we will know in time - I still take confidence from the statement I pasted in 804...

[chillwill] 30/3/2010 11:29

Looks at the volume this morning! Something going on?

Quick calculation shows about 0.9% of the companys market cap has been bought in a morning.

[darola] 29/3/2010 08:29

A reminder from the interims

We remain confident that, despite the challenging markets for IT services and technology within which the Group operates, when we announce our Q3 IMS in April 2010, we can again demonstrate the recovery of our business through the improvement in the trailing twelve months Adjusted EBIT performance and, consequently, improvement in underlying profitability and cash generation."

Hopefully that will get this back on peoples radar - we are due a bounce.

Whilst we may have sold off some off the non-core business areas, what is left is profitable and solid.

[andyh21] 25/3/2010 17:19

not a bad idea Darola! will you remind me monday morning too, Lol!!

[darola] 25/3/2010 16:36

Think I'm going to review the RNSs over the weekend - need to remind myself why I bought in!! ; )

[chillwill] 19/3/2010 15:46

some decent buying over last few days in round number lump sums, then just some smaller random amounts (probably PI's).

Interesting to see what happens over next few days.

[darola] 11/3/2010 09:30

At least the spread is tightening a little...

[stocktrawler] 08/3/2010 19:26

Seems to be some level of support at 37.5p - don't understand the sell off following such great results...profit taking?