|Nationwide Accident Repair Ser.
||EPS - Basic
||Market Cap (m)
Nationwide Accident Repair Svc Share Discussion Threads
Showing 626 to 650 of 650 messages
|NARS take out JCR at 118p.
|Not long now until we get our cash, I don't know about everyone else but it seems to have dragged on..
EXPECTED TIMETABLE OF PRINCIPAL EVENTS
The following dates are indicative only and
are subject to change(1)
Last day of dealings in NARS Shares
The last business day before the Court Hearing
Scheme Record Time
6.00p.m. on the last business day before the Court Hearing
3 June 2015
Effective Date of the Scheme
3 June 2015 (1)
De-listing of NARS Shares
Despatch of cheques and crediting of CREST for cash consideration due under the Scheme
7.00a.m. on the business day following the Effective Date (1)
Within 14 days of the Effective Date
31 August 2015 (2)
1 These dates are indicative only and will depend, among other things, on the date upon which (i) the Court sanctions the Scheme, and (ii) the Court Order is delivered to the Registrar of Companies.
2 Or such later date, if any, as NARS and CSP Bidco may agree and the Panel and Court (if necessary) may allow.
All references in this document to times are to London time unless otherwise stated.|
|Agree wholeheartedly. No doubt management will rightly do very nicely, and I suppose no profit should be sneezed at, but the takeout price should surely be 10% higher plus a small divi. We've been shafted IMO.|
|Great results that say to me we were sold on the cheap.
The share price could well have been trading around the £1 mark with this mornings results.
Completion on 31st May subject to shareholder approval.|
|They said a timetable would be issued before 28 days from the RNS so hopefully some news this week.|
|Does anyone know when the share repurchase will take place?|
|Still money for old rope and beats the banks.|
|Dealing costs and stamp duty bring it down to £130.|
|Buy 10k at 98.1p and make a guaranteed £190 profit seems good to me :))|
|Agreed, underwhelming offer. Needs Halfords to take the opportunity to extend their auto servicing side to repairs and obtain some experienced managers at the same time, but I'm not holding my breath.|
|The acquisition of Seward looks like a shrewd earnings-enhancing deal. So Carlyle are effectively getting NARS at much less than the 13% premium to previous close. A steal alright.|
|Schedule of dates as per usual within 28 days.|
|It all stinks q selling for 69p to city boys Nars getting out now for £1.00 this will be re floated in 2 years at 50%+ upside|
|Yes,agreed - not a very attractive buy with the pension scheme deficit. I'm just about happy with £1. Not been a good investment for me and will only about break-even overall. To be honest it would fail my investment tests now given the defined benefit pension scheme. No doubt the bidder has got the timing right though:
- Business cycle turning up so strong growth in earnings likely.
- Discount rates for pension liabilities at an all time low. That bubble will surely burst and then the pension scheme will not be looking quite as ghastly.
Disappointing that no final dividend.
Makes Quindell look a bit stupid to say the least, and didn't those institutions get a fantastic deal a few weeks back.
Makes you wonder why the bidder didn't take them.|
|Hit the nail on the head there spooky.|
|Well my target was a £1 so happy with the cash now though i'm sure over time we would have traded much higher.|
|Sadly the pension fund defecit has always been an issue, excluding that, the business is being given away and will probably reappear in a few years time in a larger form with a much higher valuation.|
|Daylight robbery! 13% premium!|
|On first glance the offer doesn't seem over generous|
|You read that right BB2. Nice move today.|
|Moving sharpish to 90 by the looks of it :))|
|I have an account with selftrade who used to have a usefull platform allowing dummy trades to assess supply and demand which was useful for small caps. They have tfr to the equiniti platform that does not allow this to be done.
If anyone could advise an online dealer that has a platform that enables dummy trades I would be grateful.|
|I'm not great at reading charts but I suspect after this little dip we will move in to 90p, we will see if I'm right.|
For what reason?|