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QED Quadrise Plc

1.15
-0.34 (-22.82%)
Last Updated: 08:50:10
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Quadrise Plc LSE:QED London Ordinary Share GB00B11DDB67 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.34 -22.82% 1.15 1.155 1.20 1.37 1.15 1.37 4,044,157 08:50:10
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 0 -3.09M -0.0021 -7.10 22.27M
Quadrise Plc is listed in the Crude Petroleum & Natural Gs sector of the London Stock Exchange with ticker QED. The last closing price for Quadrise was 1.49p. Over the last year, Quadrise shares have traded in a share price range of 0.66p to 3.30p.

Quadrise currently has 1,494,904,968 shares in issue. The market capitalisation of Quadrise is £22.27 million. Quadrise has a price to earnings ratio (PE ratio) of -7.10.

Quadrise Share Discussion Threads

Showing 7401 to 7425 of 11175 messages
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DateSubjectAuthorDiscuss
25/9/2015
07:15
Bingo!

We finally got'em.

Not much of an increase at just 10p but will probably do the trick.

The revised offer has a NO INCREASE/FINAL OFFER clause ( unless a competing offer comes through).

The original 131p was too low.


ALL IMO. DYOR.
QP


ps.

1. before anyone asks.- Yes, if you already accepted at 131p you will automatically get the benefit of the increase and will receive 141p ( if it goes through!)

quepassa
25/9/2015
07:11
PI victory
not some of them fund managers
we should name them funds who took 131 offer to shame them

jaws6
25/9/2015
07:02
That didn't take long! Increased offer to 141p.
cszjrh2
24/9/2015
23:59
just passing this on, some people I know generated this CGI



'outline planning permission' so don't get too excited

jasperthemonkeygod
24/9/2015
23:58
Can those who accepted change their mind and unaccept
Good article from CoStar

jlo10
24/9/2015
20:03
Important and fascinating article from James Wallace, Finance Editor of CoStar News:-




ALL IMO. DYOR
QP

quepassa
24/9/2015
16:34
Elliotts holding now just shy of 14%. (Reaches for popcorn)
cszjrh2
24/9/2015
16:33
Hi Dov,

Should Lone Star manage to get over 75% then there is no risk of having shares locked-up in a delisted company - the offer period will remain open for a further two weeks once declared unconditional.

Also as I understand it - if the offer is not declared unconditional by day 42 Acceptances can be withdrawn.

Regards, Maddox

maddox
24/9/2015
16:16
You don't reject the bid you just don't accept.

28% have not accepted.

Given Elliott 12% there is even more reason not to accept.

r ball
24/9/2015
16:07
Hi Dov,

Is it your intent to try and confuse people? Delist? This bid battle is far from over.

Whilst we know how many have accepted the offer - we do not know how many have rejected it. It is thus unknown how many un-decided votes are potentially out there available to Lone Star's entreaties. But it'll be far less than 28%,and then there is the 12+% that Elliott now have control.

A new bidder changes everything. IMHO anyone whom has previously either rejected the offer - or was undecided is now highly unlikely to accept. Also, Lone Star cannot buy the 3% whilst the price remains above 131p.

Game on!

Regards Maddox

maddox
24/9/2015
15:55
takeover rules. they can only be declined by the offeror who has accepted your undertaking. e.g. if the bid fails.
r ball
24/9/2015
15:04
can someone help me I top up my shares pot of qed last week and then told selftrade to decline the offer so what is stopping the shareholders who have accepted to now decline or just sell the shares on the open market and the new owners declining comments please
aberdare
24/9/2015
13:29
perhaps they will be happy to have a share in a company that although will be de- listed will still have plenty of value in it.

why did they not do this weeks ago?? like i say regardless of what Elliot say,i cant believe they cannot now push this over the line at this bargain price.

dov
24/9/2015
13:19
Maybe. Maybe not.

There are not many shares left out there by now .

Of the 15% or so of shares still in theoretical circulation, some may additionally be tied to other hedge-fund type investors.

3% doesn't sound a lot but in the current scenario but it is by no means a foregone conclusion in my view.

The BIG QUESTION is why have Elliott done this yesterday and what are their intentions. They have already claimed that Lone Star's offer " substantially undervalues" Quintain - according to The Times.

What will their next move be?

ALL IMO. DYOR.
QP

quepassa
24/9/2015
13:08
surely its all too late i was not expecting 70% plus acceptance having been 50% plus previous i think the remaining 3% is likely in the next week.

Had Elliot shown their hand earlier then maybe but i think Lone star will crawl home regretfully

dov
24/9/2015
12:26
Could be interesing....


Elliott versus Lone Star


If Lone Star fail, Quintain management will perhaps be in for a real roasting like Elliott gave to Alliance Trust. No bad thing for investors!!


ALL IMO. DYOR.
QP

quepassa
24/9/2015
12:08
R BallThanks.
richard xii
24/9/2015
11:12
Hi QP, yep and they have a track record in property....

'Since 2010, Elliott Management has expanded into investing in distressed real estate. It has been active in Japanese and German real estate and in 2015 viewed Spain and Italy as offering attractive investment opportunities.[14] Now, according to the New York Times, it has “teams of analysts and portfolio managers in London, Hong Kong and Tokyo and investments worth more $2 billion.”'



Regards, Maddox

maddox
24/9/2015
09:16
Elliott are a force to be reckoned with.

Their resolve is not to be underestimated.

Well-known here in the UK as an activist investor and champion of shareholder rights in the long-running Alliance Trust saga.




ALL IMO. DYOR.
QP

quepassa
24/9/2015
09:04
Absolutely. Concur.
quepassa
24/9/2015
08:38
Hi QP,

Also, there is little incentive for the remaining shareholders to concede now we have a new player in the game. Excellent news, now this is getting really interesting.

Regards, Maddox

maddox
24/9/2015
07:49
Richard XII

See takeover code section N. Thanks

r ball
24/9/2015
06:44
Hedge Fund makes pitch for Quintain - according to The Times today.

The Times article says that aggressive hedge fund Elliott Capital Advisors have acquired 68million shares in CFD form and gatecrashed Lone Star's £700m offer for Quintain and the article says that Elliott have claimed that the offer " substantially undervalues" the property developer.

Herewith link to Times (preview of article)




If Elliott control 12.9% of the voting rights of the shares and BidCo have 71.7% acceptances, that leaves a balance of just 15.4% of shares elsewhere, according to my calculations.

It seems clear that a raft of private investors are intransigent and unsupportive of the offer at 131p.

With just over 15% of the free float not spoken for, finding the 3.27%% necessary to complete may start looking a tougher challenge.


ALL IMO. DYOR.
QP

quepassa
23/9/2015
21:33
Does anyone know how long they can continue extending the deadline?
richard xii
23/9/2015
19:24
Hi QP,

Another failure to secure shareholders support and yet another extension. If the Board had any regard to their shareholders' interests they'd be putting an improved offer on the table. Have they no dignity?!?!

Still no reason to accept - 131p looks more lousy every day.

Regards, Maddox

maddox
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