Raven Russia Share Discussion Threads

[speedsgh] 19/9/2013 10:03

Increase in the Tender Offer price now very much on the cards imo. I am anticipating an increase to 80p per share.

[whilstev] 19/9/2013 09:34

Looking good for 80p in the next month or so. Would hope they will raise the tender price too as it is not worth bothering with at 75p, you will make more selling in the open market!

[wayneduncan] 18/9/2013 16:47

Start of a break out forming here?

[zangdook] 18/9/2013 12:39

thanks - I had a vague memory but only looked back to the last tender to check and assumed I had imagined it.

[speedsgh] 18/9/2013 12:01

@zangdook - no, but they did this time last year...



"On 11 September 2012, Raven Russia posted a circular to shareholders containing full details of a tender offer to purchase 1 in every 46 Ordinary Shares at 70p per share ("the Circular"). Since then, the Ordinary Share price has risen rendering, in the opinion of the Company, a Tender Price of 70p less attractive to Shareholders. As a consequence, and in accordance with the provisions of paragraph 9(ii) of Part II of the Circular, the Board has determined to increase the Tender Price so that it is now proposing to purchase 1 in every 49 Ordinary Shares at an increased price of 75p per share (the "Revised Tender Price")."

[zangdook] 18/9/2013 11:32

They didn't do it last time, did they? Same sort of thing.

[jbarcroftr] 18/9/2013 10:58

Looks like the buy back price will need to be raised - 80p?

[cyfran101] 16/9/2013 21:55

Private Equity is getting interested in freight/transport hubs:

hxxp://www.cityam.com/article/1379296504/tpg-capital-makes-real-estate-foray-p3-warehouse-deal?utm_source=website&utm_medium=TD_news_headlines_right_col&utm_campaign=TD_news_headlines_right_col

With Blackstone assembling a warehouse empire and sovereign funds also setting up alliances with existing operators is Raven Russia a takeover target?

[ygor706] 13/9/2013 18:21

If we get a decent resolution of the Syrian situation it may lead to a reappraisal of Russia's position on the world stage with consequential benefits for RUS. The share price is certainly being weighed down by country risk issues at the moment.

[whilstev] 02/9/2013 12:04

Good write up and buy recommendation from Midas in sundays daily mail.

[wayneduncan] 28/8/2013 16:31

The last tender offer at 75p ended up holding the price back. Be interested to see how this moves but suspect it won't go over 75p

[whilstev] 28/8/2013 14:57

Agree jbarcfoftr, that for me was yhe only disappointment in the half year results,I dont think the 75p offer is particularly attractive especially as i think the share price will be 80 plus by xmas.

[essential] 28/8/2013 13:09

These showed up on my filter last night. Very strong technically after the recent move. Bought into them first thing this morning for the ride

[speedsgh] 28/8/2013 12:49

New Equity Development research note -

[jbarcroftr] 28/8/2013 12:39

Looks as though the tender offer will have to be revised upwards to 80p

[wayneduncan] 27/8/2013 13:15

and we're off!

[igbertsponk] 27/8/2013 10:02

Warrants are tasty if you anticipate a share price jump. RUSW.

[whilstev] 27/8/2013 10:00

Prospective yield if they increase the final dividend 30% is 7% at a 70p price level, so think these are fantastic value and far greater capital growth prospects than the prefs.

[igbertsponk] 27/8/2013 09:35

84.5p by mine : 131c at £1=$1.55
And I'd argue you could knock another £80m off the NAV of the company as they don't mark to market the most excellent RUSP prefs.
So the current share price maybe not a million miles out.

[owenski] 27/8/2013 09:11

A very good set of results, current NAV circa 87p by my reckoning.

[holts] 27/8/2013 08:51

Makes rusp more secure for income seekers .

[topvest] 27/8/2013 08:13

Very good interim results. Looks undervalued.

[whilstev] 14/8/2013 16:16

Both broker forecasts i have seen are saying a distibution of 4.25p.