|Scott Wilson Group
||EPS - Basic
||Market Cap (m)
Scott Wilson Share Discussion Threads
Showing 1301 to 1324 of 1325 messages
|Today delisting - so the chips will be cashed soonest and a short term success story will be over. I can dine out on this one for a few months.
Goodbye to all.|
|Wrong thread now on ROK.|
|Hi can any one tell me what happens on the 10th september when
Provided the Scheme is approved in accordance
with the current indicative timetable, the Company will delist on 10 September
2010 and ownership will transfer to Universe.
Iam a holder in swg but have never been in a company that has been taken over before as I have only been trading a short time.So not quite sure what happens if swg stops trading?
any information would really be appreciated|
|Thanks, Phil. I've now reinvested my SWG cash, including a chunk in FWEB.|
|I'm out too. Too many other opportunities. Just hope I don't blow it all.|
|Sold my main holding here just now for 286p - just could be a higher bid but I'm very happy with that.
Re-invested in FWEB - another one way under the radar and could very likely attract a bid - see the thread.|
|I assume the source is:
|Scott Wilson Group to close defined benefit scheme
2010-07-02 - Employee Benefits Group
The Scott Wilson Group is to close its defined benefit (DB) scheme to future accrual, replacing it with a defined contribution (DC) scheme.
The organisation has completed a 60-day consultation with its scheme members and is now working with its scheme trustees to finalise the implementation arrangements with an effective target date of 1 October.
The Scott Wilson Group has reported a reduction in its scheme deficit to £63.3m as of 2 May, a £15.7m improvement compared to the position reported at the half year.
Georgina Corbett, group HR director at Scott Wilson, said: "We have conducted extensive consultation with the members and trustees of the Scott Wilson defined benefit scheme and we are now in the process of concluding the implementation arrangements with the members and trustees.
"The scheme deficit has changed primarily because of revised actuarial assumptions, required by UK accounting regulations, which have taken place between the announcement of the interim and final year results.
"The company does have a shared section of the railways pension scheme which will remain open to future service accrual, however we are also in the process of consulting with the membership of this scheme to increase member and company contributions."|
|No idea who bought. Just assumed URS otherwise share price would have risen if anyone else.|
|Artemis and Aviva. Did your source confirm it was URS who bought them?|
|Just confirmed that indeed it was the CH2M sale. Seems they made £4m plus. Must have paid for their advisers' costs plus a little over. Drinks all round. But who then sold these shares to CH2M and 'dropped' this amount?|
|Having checked recent announcements it's the exact number held by CH2M, so they've clearly sold, and one would assume to URS. Nice little earner!|
|I saw that go through on the CNBC ticker - was wondering who would be trading at the full offer price, unless of-course it's someone building a stake in advance of a further bid?|
|9.3 million shares just bought at 290p. Is this CH2M disposing of their shares to URS? Who else would buy - apart from URS - at 290p?|
|cheers. skipping kids off school tomorrow and we have an early flight to copenhagen. will take them to tivoli gardens for the day. just need a decent hotel now.|
|Have a good weekend - unfortunately I am working!|
|25b. there are loads of reasons a deal can fail. that is why the 5p gap being so narrow is unusual- like the market still suspects another party will show its hand
can't see it myself so i have pocketed the profits and what an astounding one it was too. will be recycling most of it to similar candidates in the same and adjacent sectors but seeking a decent long weekend abroad leaving tomorrow witht the rest of it!|
|Personally with current interest rates worth waiting until September unless you need the cash. I suppose always a minute danger that the world economy totally tanks and URS goes down the plug hole. Think it most unlikely that anyone else will come into play.
Remember - this is the first time in over 20 years I have made all the right decisions on a share!|
|Thanks zangdook, that makes sense. So the market is effectively saying that if you hang on for a few months you'll get rewarded with about 5p per share more than if you take your money and run today!|
you can take 285p minus commission now or 290p in September. I presume the buyers are either people who want a secure 1.7% over 2 months, or else URS is mopping up what it can get at a slight discount (I presume they're allowed to?). If the discount were less there wouldn't be much of a motive to buy.
I'm dithering. There's still a small chance a third bidder will appear. I sold a little at 120 and don't want to repeat my mistake, but there are plenty of other bargains out there now.|
|cheers wcjan26 - opted for 888, PRTY and MCHL|
|Well done guys, I go back to my old post of a sitting duck, well this duck was well and truly plucked out the water.|
|indomie- HYC surely next in play. while the markets and peers tumble, HYC is breaking out to new highs and looks set for a move to 390p 'sans' bid (cup with handle breakout)... looks to me like the big boys know something
MCHL, TRB, IRV also possible candidates - but could be bad for your h/w-ealth in the meantime given how bad their charts look!|
actually it is closer than it usually is|