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SMS Smart Metering Systems Plc

952.00
0.00 (0.00%)
Last Updated: 08:00:26
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Smart Metering Systems Plc LSE:SMS London Ordinary Share GB00B4X1RC86 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 952.00 952.00 953.00 953.00 952.00 953.00 1,245 08:00:26
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Smart Metering Systems Share Discussion Threads

Showing 526 to 549 of 550 messages
Chat Pages: 22  21  20  19  18  17  16  15  14  13  12  11  Older
DateSubjectAuthorDiscuss
24/3/2024
17:43
so payment will be made in this tax year ?
haroldthegreat
23/3/2024
11:31
All over now the founders have backed the bid.

For those thinking of CGT the offer is unconditional and will be settled on or before 5 April.

1jat
20/3/2024
10:58
haroldthegreat - no
sleepy
20/3/2024
07:42
Surely brokers have to submit their acceptances on a regular basis and not just at the deadline ?
haroldthegreat
16/3/2024
10:50
What happens at HL:
If you opt in to the take over, the shares are marked as accepted and are not tradeable.

You can contact them to get the status changed back.

Certainly HL can identify the numbers accepted and I would expect this information is sought by and shared with the deal sponsors.

The bid is almost in the last chance saloon.

1jat
14/3/2024
13:08
Nominee holders (Retail through online brokers) may not have been accounted for because brokers may be holding their submissions until the deadline. I could vote through AJ Bell but I doubt they are forwarding votes client by client. Not sure what's the weight of this, if any.
feddie
14/3/2024
10:02
14 March update is that KKR has received just over 30% acceptances which is a long way short of the 50% they need.
1jat
12/3/2024
09:31
It seems likely the bid will lapse to me.

PE houses dont like to raise their bids…and I doubt they can move the founders position unless they raise the bid considerably. They should have been brought on board prior to the Board accepting the offer as they have proven to be a flag around which others have gathered.

1jat
07/3/2024
07:32
Less than 30%
haroldthegreat
15/2/2024
08:50
Unconditional means the bid is proceeding - the acceptance period runs to 24 March at present.

Today’s update is that KKR has 38% still some way short of going unconditional.

I would say there is a good chance of an increase in the bid as there are many hedge funds with a couple of % who are looking for an increased bid…..how much TBC….or there is a good chance the bid will lapse on 24 March…but few want that to happen.

1jat
14/2/2024
13:47
if it's declared unconditional, doesn't it remain open for acceptances?
1c3479z
09/2/2024
08:51
I have accepted the offer…largely because I dont want to be the owner of unlisted shares. I expect most PIs will do the same.
Have gone for the first date so that the bid can go unconditional earlier as it seems there is no counter offer coming.

1jat
02/2/2024
21:27
Sounds like you are taking the money and selling into the Takeover?

HL have given me until 12th to decide about selling for the 15th so i will decide on 12th….
I dont see another offer emerging….but will wait a week.

1jat
19/1/2024
11:08
If Alan Foy and Steve Timoney don’t need dividends then perhaps their smartest move is to hold onto their shares (until KKR subsequently buy them out?)
sleepy
18/1/2024
18:15
Thanks mrnumpty
sleepy
18/1/2024
17:52
Sleepy . I hold Yu Group . Its main business is as an energy broker for commercial customers . Just over half the shares are held by the founder and CEO Bobby Kalar ( I realise there are pros and cons in such a situation , but he’s certainly got skin in the game ) . Yu is soon to announce its figures , probably on 24th January . Another energy company in which I gave a smaller holding is Good Energy , which operates in the area of installing heat pumps , solar panels and electric vehicles ( I am very aware that this means the company is exposed to politics ( and therefore possibly a forthcoming new Governnent ) , and a lot of people won’t be able to afford such net zero items , but net zero seems to be written in to primary legislation so , without a change in the law , it seems that net zero is happening whether we want it or not ) . That's an honest answer to you , Sleepy and , as I am aware that you might be looking for a new home for hopefully
big profits from SMS , please ensure that you do your own research . For interest , both the companies I mention above are tipped in the monthly magazine Small Company Share Watch , which is not always infallible !

mrnumpty
18/1/2024
17:24
Thanks mrnumpty - which company do you hold?
sleepy
18/1/2024
16:47
There’s a fairly large article on page 20 of today’s Telegraph about the attractiveness for big funds to buy up smart meter companies like SMS , and much of the article refers to SMS . I’ve never owned SMS , but I do own a much smaller company which is expanding its smart meter division for the same reasons as SMS has done . Good luck
mrnumpty
18/1/2024
16:44
I have never held SMS but , holding shares in a much smaller company which is also building on its installed electric meter business , I noticed an article in today’s Telegraph titled “ Why Wall Street raiders want to control your smart meter “ . It’s written by Michael Bow , it’s on page 20 of the physical version , and it’s sub-titled “ Private equity is out to grab machine suppliers that offer a steady stream of cash “ . Good luck all
mrnumpty
18/1/2024
13:26
Interesting announcement this morning
sleepy
17/1/2024
15:10
Take over not going through? share price price falling now..
bulltradept
14/1/2024
13:32
I can't see how the Shareholders can think they'll get nore than £9.55 from a TA pov going back over the last 5 - 8 years or so, that would be suicide to reject the deal, as the price would collapse surely.
bulltradept
12/1/2024
16:40
Will KKR blink this weekend and return with a higher offer on Monday?
1jat
05/1/2024
09:04
Thank you.
bulltradept
Chat Pages: 22  21  20  19  18  17  16  15  14  13  12  11  Older

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