|Scottish & Newcastle
||EPS - Basic
||Market Cap (m)
Real-Time news about Scot.&Newcastle (London Stock Exchange): 0 recent articles
|bostonborn: The share price tells the story; somebody thinks a counter bid may be on its way. However there isn't, at this stage, much substance to it, as the share price is only just over 800p. Sit tight & wait & see!!!|
|bigbobjoylove: would sell if i could get the stock released. Amazed the bidders haven't started touting institutions, surely given market conditions they'd take 750p. There's no way this share price could be achieved without a bid not with these donkeys running the show.|
|coogar: The share price is already way up there with events on fundamentals. They may also be considering a rights issue in an attempt to buy Carlsberg's 50% of BBH.|
|coogar: I've decided to take the money and run, selling at 758.5p on the assumption that Carlsberg's derisory offer will depress the share price in the short term.
I may come back in if the price falls significantly following the anticipated statement from Carlsberg (after all, they may walk away).|
|coogar: I can't help feeling that the anticipated offer will initially come in at less than the current share price. (somewhere in the region of 750p?)
May soon be a good time to get out. I'm even greedier than ever now though, looking for >800p|
|coogar: Once again I see that SAB will be a little poorer should they decide to pounce now, as will BBJL and his mates (does he have any?) if they are daft enough to be still short.
On the rumour mill, I note that Thomson Financial has turned yet another "no comment" - this time from Diageo - into a denial.
In case you wern't already aware, today's surge in the SCTN share price is on the back of news that Carlsberg plans to radically alter its share structure, thus making a takover/merger more feasible (family controlled, it is currently almost impossible for Carlsberg to jump on the consolidation bandwagon)|
|wad collector: Funny , looking at the FT report , that their plans should be disrupted by an unexpected rise in the SCTN share price.Isn't that normally what happens when there are bid talks ? Or did they expect perfect security?|
|coogar: I have no idea whether BobaJob replied to my question as he is too filtered.
However, I thought it worth pointing out that between his last post on here (31 May 06) and his unfortunate return (20 Feb 07) the SCTN share price increased from 495p to 552p (* Close price adjusted for dividends and splits)
You will find alot of jealousy on here, mainly from those who failed to capitalise on opportunities when the SCTN share price was below 400p.
I am confident enough to back up your views even on a day like today when the share price is falling.
I too am sitting on what I consider to be a very safe (if not infalible - nothing is certain in this game) capital gain, whilst at the same time enjoying a very good yield (5.6% at my purchase price).
Since the market has recovered, there are very few - if any - similar opportuntities left out there and Like you I would be happy to hear some of the doubters' stock picks.
p.s. if it was post 1542 you were responding to, I filtered that writer ages ago|
|coogar: SCTN share price continues to look weak, even though it remains 100p+ above my purchase price.
So, is this another buying opportunity or are we about to see an imminent break down through the 460p support level? Girlie, if that happens then you might get your 445p after all... but I guess you already know that LOL
Me? I'm HOLDing firm, until the dying death (or takeoever, whichever comes sooner LOL)|
Scottish & Newcastle share price data is direct from the London Stock Exchange