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SOF Somerfield

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type Share ISIN Share Description
Somerfield LSE:SOF London Ordinary Share GB0008218694 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% - 0.00 -
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Somerfield Share Discussion Threads

Showing 1901 to 1924 of 2075 messages
Chat Pages: 83  82  81  80  79  78  77  76  75  74  73  72  Older
DateSubjectAuthorDiscuss
19/5/2005
13:46
I am still hanging in here in quite a big way. It's a shame nobody seems to take any interest anymore on this BB.

You wonder what happens to all the so-called interested parties after the news is released that they are considering a bid. I know the price at the moment is very close to the assumed bid price, so I suppose everybody is just hanging on to see what happens, but there is very left to say. Personally I am still hoping that WalMart may poke their head over the parapit with a 220p bid. Meanwhile Somerfield management seem to be carrying on as normal and are still expanding the business in quite a big way. I am not sure whether this is good or bad from the point of view of a potential bidder

bastide
19/5/2005
09:00
Anyone still hanging in here or have you all got bored and sold out?
kingdwg
06/5/2005
12:23
More forecourts as well. I think SOF could be successful in their own right and should all these aquisitions and protential aquisitions push the value up...???
cheekycharlie
06/5/2005
11:15
Here's the link

It's certainly poked the volume up.

kingdwg
06/5/2005
10:24
Another interested party this time it is United Co-operatives limited.
cheekycharlie
05/5/2005
09:28
Looks like this takeover will not happen for a while. 205p is way too cheap. SOF hit 215p a few weeks back. This share has the potential to hit 245p+ in the medium term with all the refits and expansion taking shape. If they opened the books at this price then, I cannot see much more upside from the takeover.
cheekycharlie
29/4/2005
22:15
More on the possible ASDA bid:
glad someone out there is awake to the blindingly obvious:

faxxer
29/4/2005
14:01
Thats just a traders commission ploy
widgee
29/4/2005
01:23
RNS at close today Morgan Stanley have just gone over 3%, some 16,905,967 shares.

Previously Morgan Stanley have been adviser to M&S when they were linked to possible purchase of some Safeway stores in 2003:



Things could just get a little warmer soon. (I hope)

Anyone who, like myself, wonders where all the volume comes from and why it does so little to the share price should look at this snipped of RNS from State Street Global Advisors who obviously took lessons from the Grand Old Duke of York:

Date of dealing 27/04/2005
DEALINGS +
Amount bought.....................................Price per unit (GBP)
6,950.................................................2.02
31,376................................................2.02

Amount sold.......................................Price per unit (GBP)
6,950.................................................2.02
31,376................................................2.02
Resultant total amount and percentage of the same relevant security owned or controlled - 14,792,971 2.73%

faxxer
28/4/2005
14:07
Time running out for a deal to be struck.

I do hope the chair people are busy negotiating...!!!

cheekycharlie
26/4/2005
10:20
All quite here, waiting in anticipation???. Anyone got any thoughts on the Phillip Green rumour!!!!
widgee
25/4/2005
08:18
This could be a spoiling tactic on behalf on ASDA. I think that if ASDA were interested in Somerfield, then it would made an offer as Tesco was buying up the T&S stores. I also do not consider Somerfield stores as "convenience chains" as they are bigger and offer a wider range of products and services at cheaper prices to smaller stores. Somerfield has enough about it to survive on its own.
cheekycharlie
25/4/2005
08:06
They are very coy people grocers, you've only to watch Open All Hours to understand that, but they are always attracted by an excess of assets.
Hang on isn't this life imitating art?

faxxer
25/4/2005
07:21
Is that Justin Time you mean? I think it unlikely they'll sit back and watch, they have shown a past interest in some of the stores.
kingdwg
25/4/2005
05:32
SCotsman article seems to merely reiterate what the Telegraph said:



kingy: could you ask your distant relative Justin whether he will also be making a bid?

faxxer
24/4/2005
12:14
ASDA is a very interesting bidder from a competition point of view. The OFT, which has been dubbed 'the Office for Favouring Tesco' decided to wave through Tesco's purchase of T&S and other convenience chains by saying that supermarkets and convenience stores were two entirely different categories. ASDA doesn't have any small-format stores as far as I know, and Somerfield sold all its largest stores some time ago, so ASDA would be able to tell the OFT it was entering an entirely different market (as defined by the OFT) in order to provide competition for Sainsbury's Local and Tesco Metro/Express.

Whatever the truth, such rumours won't do the share price any harm.

sharw
24/4/2005
10:04
Beat me to it faxxer, yes really good news that, the mere mention of Wall Mart should reignite the interest.
kingdwg
24/4/2005
08:48
According to the Business Telegraph ASDA are about to join the party or make a bid themselves
faxxer
23/4/2005
09:10
Looks after his own faxxer!!

Note while I thought sof and bfg fit I didn't predict this way around. On reflection you were right that SOF wouldn't touch bfg. What a mess - can't believe I made money on it in the end. Shrewed operator Bauger Grp. Hope they don't get it below 220p sure they wont.

All the very best

I have made a balls up on DES (satans fluid) paid 51p

bigface
22/4/2005
23:12
Thanks bigface, yes not too bad. I can't complain too much here. It is still the same bumpy ride. Looking forward to an end of year statement and some significant improvement on the current share price

I'm still in Ramco but have taken some profit. Also holding CEY and SYM.
I'll look up GWP and WBY. Hope you've done well on them instead.

Post 666 eh! Now I know where you get your esp :-)

More on the Icelandic raiders from forbes.com:

faxxer
22/4/2005
21:47
Hi faxxer - the BFG Somerfield mix was always a favourite prediction of mine as you know, but I don't the Bauger will achieve the same degree of success in buying assets packed somerfield at below NAV. 220 is about the real NAV from past analysis - the board should get a premium on that.

Good luck - not holding myself but loaded into wby at 413p yesterday after selling GWP - hope you are well and prospering

bigface
22/4/2005
11:09
Word on the street (no foundation to it rumour only ) is that Livingstone Bros will be first in with an offer. (possibly today).

For what it is worth, who gives a xxxx. When it comes it comes. It can't be to close to 190p (a further refusal may offend) however, 210-220 may get the juices flowing so to speak.

widgee
22/4/2005
09:06
Can anyone confirm that that the deadline for bid is today and by what time? TIA.
nobrainer31
22/4/2005
06:00
Think you might be getting excited over 220p. (Retail sector in general getting smacked everywhere)

I do hope you are right though, bought (added a few sub 197) the over day hoping for a small turn. I still believe that two possibly three players are still involved, today i believe will reveal all. (fingers crossed)

1. Baugur & Consortium ( my guess)
2. Livingstone Bros (hopefull)
3. Phillip Green (THE DARK HORSE IN THE RACE)

Good luck to all who hold.

widgee
Chat Pages: 83  82  81  80  79  78  77  76  75  74  73  72  Older

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