Smc Share Discussion Threads

[izzywizzy] 29/8/2007 12:05

Glory be!!!
This pile of cr*p has just gone blue!!

[njp] 29/8/2007 08:28

If that were to be the case, Mas, and SMC sort out the management issue, I could see this being having good potential as a recovery punt. Would need clear and continued support from the banks, which seemed to have been confirmed in the end July update.

Still, not worth any risk now until the markets are healthier and the interims are out.

[masurenguy] 28/8/2007 12:05

I held AUK but sold them at 15.25p as soon as the merger discusions with SMC were revealed. Glad that I did since AUK have subsequently fallen 10%.

If some kind of deal with AUK doesn't happen, I can then see SMC dropping below 20p.

[njp] 28/8/2007 11:30

Still think there's a valid business here and I did buy back in on the end July trading statement, only to cash them in on the uncertainty of the Aukett merger.

I guess it's that uncertainty that's causing the drift at the moment, and with the market as it currently is, there are better bets around than SMC.

[cool_hand] 28/8/2007 11:05

I have to question if these are still worth holding?

Like many others I am at a heavy loss here.

May be I just have to put them int he bottom drawer and come back in a year!

[izzywizzy] 27/8/2007 11:21

good read rik shaw...thanks.
it might get some renewed interest in the shares.....not that I am expecting much return on the current share price :-(

[cool_hand] 26/8/2007 11:24

thanks rik shaw, very good article.

[rik shaw] 24/8/2007 17:42

Article in Building Magazine today may be of interest/worry:

[izzywizzy] 20/8/2007 10:00

cheers...

and well done to you j looking

[just looking] 20/8/2007 09:20

2 bid 2 offer izzy 2 mm moved blue if that helps one at 8.39 and one at 8.48

Watching to get back in got out of jail with that 29p bid after averaging down a few times.

[brutus2] 20/8/2007 09:07

30k 22p v 15k 24p (+0.25)

[izzywizzy] 20/8/2007 09:04

Would someone with L2 please be good enough to let me know if there is any movement whatsoever? Did the 41k buy move us at all?
Thanks in advance.

[master rsi] 19/8/2007 23:55

just looking

re - 2p mark up on a 5k buy that is taking the p

You are forgetting that there are delayed trades, that can move the share price, or 2 large "T" trade reported later

[gilly1965] 17/8/2007 16:17

fingers crossed we can move up back to 25p+

[just looking] 17/8/2007 16:12

2p mark up on a 5k buy that is taking the p

[izzywizzy] 17/8/2007 16:03

If we could just get a few buys going through we might see a nice upward move....a 5k buy has just moved us up!

[kumala] 16/8/2007 13:23

YEA My Divi is being recalled on 29th Aug, aswell.
worst thing Iv done of late is to by these,
Regards to all
K

[cool_hand] 16/8/2007 13:13

Seriously hammered. And I hold : (

[gilly1965] 16/8/2007 13:12

wow what a kicking!!!

[gilly1965] 16/8/2007 12:10

unless theres a big sell in the background which we can't see this seems to be an over reaction along with everything else at present

[paulcaine2003a] 16/8/2007 11:44

man this one has been nailed today!!

[proud as a goose2] 16/8/2007 07:59

Thanks for that. What about the divi taht I was paid then was rescinded?

[m0270h00] 16/8/2007 07:16

Hi PAAG,

You haven't missed much at all, an RNS was issued by SMC on the 8 Aug stating the following:-

SMC Group Plc
("SMC" or the "Group")

Merger discussions

The boards of SMC and Aukett Fitzroy Robinson Group plc ("AFR") announce that
they have entered into non binding heads of agreement relating to a proposed
merger of the two companies.

Shareholders are advised that the discussions are at any early stage and a final
agreement is subject to extensive commercial, financial and legal due diligence.
There can therefore be no guarantee that agreement on the final terms of the
merger will be reached or that the merger will proceed.

The proposed merger would create a group with some 890 staff with operations in
38 offices across nine countries.

Further announcements will be made as appropriate.

SMC is also pleased to announce that it yesterday received formal approval from
the Bank of Scotland for an increase in the quantum and term of the Group's debt
facilities. The new facilities will allow the Group additional headroom
commensurate with current and expected trading.

---------------

After this RNS the share price rose a little to 29p but has since fallen back, no more news has been issued since

[proud as a goose2] 15/8/2007 22:08

been on hols so missed takeover/merger talk.
without me reading all posts could someone precis for me what has happened- don't want to detress myself by looking through last few weeks posts.
also had a letter from my bank who I trade through saying that the £60 or so I received last month was paid as a divi from SMC but they have rescinded this?
Can they do this and if so why have they?
Thanks

[groats118] 10/8/2007 10:09

Gilly, many thanks.