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RAS Revenue Assur.

202.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Revenue Assur. LSE:RAS London Ordinary Share GB0001592251 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 202.00 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Revenue Assur. Share Discussion Threads

Showing 301 to 321 of 400 messages
Chat Pages: 16  15  14  13  12  11  10  9  8  7  6  5  Older
DateSubjectAuthorDiscuss
12/7/2007
16:44
Bought in at 88p a while ago and had been thinking of taking my profits recently. Bloody glad I procrastinated.
alan@bj
12/7/2007
16:35
I would expect the offer to be well over 200p probably in the 220p range.
Thats hardly expensive for this company given the contracts it has.

fse
12/7/2007
16:34
wow thius is just great....225p will do nicely.
mitzis
12/7/2007
16:04
Not the best kept secret judging by the share price movement earlier today!

Would expect takeout to be north of 200p for the following reasons.

The LTIP is triggered at 150p and 200p ie 2.1m shares and 1.05m respectively an aggregate of 3.15m. there is a proviso participants remain employed for 3 and 5 years do not see this as a problem.

I would suspect the original vendor of UBM to expect at least 200p, he is loaded with cash payments from the original sale and earnouts so can hold out for full price.

The business is unique with a defensible market with barriers to entry in time, cost and IP.

The services are exportable both in product and geographically.

Potential purchaser could be any one of a number of outsourcing companies eg
AccuRead, meter reading for Powergen and other utilities.

Would look for a premium of 30 - 40% on the price before the announcement between 200 - 225p.

Looks to me that first approach was made when the share price was around 150p

Taking all the options, LTIP, and warrants into account total number of shares in issue would be 51.3m valuing the business at £102.6m at 200p.

a0148009
12/7/2007
15:16
Thanks for that
apppp
12/7/2007
15:11
>>How long before definite takover decision is made?>>

How long is a piece of string? Probably within a month or two.

>>If the company is taken over for £2 a share is that what holders are payed out, i.e would it be £2.>>

Yes

>>If news of no takover happens would you expect the share price to drop below £1.50 or even further or will it hold value due to the prospect of takover by someone else?>>

Yes, the price could drop to £1.50 or lower but it's reasonable to think that after one offer the price would reflect a takeover premium.

>>In your opinion what will the share price do from now till further concrete news is released?>>

Again, it's impossible to say but my impression is that the market's initial reaction is often correct i.e. a price in the low 180s is roughly half way between where the price could drop to if a takeover does not happen, and the price at which it might happen.

FWIW I've played safe by selling half my holding.

zho
12/7/2007
15:10
If the forecast 15p in earnings for 2008/2009 quoted above proves to be correct (not that we're likely to find out now) - £2 will be taking the p%ss!!

I suppose I shouldn't complain but can't help thinking accepting a bid is a bit short sighted.

daz
12/7/2007
15:04
I'm new to this kind of event??

Advice needed?? Excuse my ignorance.

How long before definite takover decision is made?
If the company is taken over for £2 a share is that what holders are payed out, i.e would it be £2.
If news of no takover happens would you expect the share price to drop below £1.50 or even further or will it hold value due to the prospect of takover by someone else?
In your opinion what will the share price do from now till further concrete news is released?

TIA

apppp
12/7/2007
15:02
I would hope that under £2 would attract a counter offer?
henryatkin
12/7/2007
14:28
Suspect its a US company looking to replicate the model there...£2 would be fine ;o)
nurdin
12/7/2007
14:27
Not surprised really.....massive potential market and mega-margins.

All RAS lack (?) is the financial muscle to take advantage.


I'd guess (or maybe hope), that the potential suitor has these kind of big pockets.....and are therefore able to pay top-dollar to get into this market.

Does £2 seem realistic anyone?

jazza
12/7/2007
14:25
In some ways it's a shame, I was looking for this to be £4 or more in a few years as they sign up electricity and water customers. Not surprised though that someone wants to take them out, great business to be owning given the barriers to entry and the growth prospects.
daz
12/7/2007
14:24
take it nurdin take it
cambium
12/7/2007
14:24
The amount of takeovers of stocks I am in........ :) Cannot complain :)
papalpower
12/7/2007
14:22
what about that then eh :o)
not sure I am pleased or not

nurdin
12/7/2007
14:19
BINGO - there it is

Any clues as to the offeror?

enami
12/7/2007
11:44
Wow! Going strong now. This does have the feel of pending news.
njp
12/7/2007
11:33
It is looking nice.


O/T set up a thread of SOG today, one thats worth a look over if anyone interested.

papalpower
12/7/2007
11:30
All the potential news on the horizon smells good to me, so I won't be selling mine anytime soon.
njp
12/7/2007
11:10
It's beginning to look like the shares are very tightly held now, there's been hardly a murmur in the share price since the results, which augurs well for further rises.

Could really take off with some contract/acquisition news.

daz
12/7/2007
10:50
breaking out now :o)
nurdin
Chat Pages: 16  15  14  13  12  11  10  9  8  7  6  5  Older

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