Tern Takeover Rumours (TERN)

Tern Chart

Tern Takeover Price

Tern Takeover Forum Posts

15-08-2017
If any offers for the company are made they have to make it public, it is price sensitive info so has to be made public surely, don't think A/S and co can just brush aside anything because they don't like it we own the company us shareholders and we decide if it is a good enough offer. . From Google.. So what happens when our mythical company SuperChip PLC makes a takeover bid for MicroChip PLC? Once the target company is notified of a takeover offer, it should immediately issue an announcement giving the terms and conditions of the offer. This might either be for cash, or for shares with a cash alternative. Trading of the company’s shares may be temporarily suspended pending the announcement.
13-08-2017
Still Waiting 13 Aug '17 - 16:52 - 72116 of 72119    0   0 JP doesn't have those 25% now, he has agreed to be diluted by issuing more b shares to key personnel that help grow the business and who will eventually get rewarded on takeover or float etc. That is interesting; I must admit to missing that; this is what I was going by:- From rns 21/4/16 The executive of Cryptosoft hold non-voting B shares which are entitled to 25% of any sale proceeds, in the event that Cryptosoft is sold, net of all new investment and costs. Can you tell me what his share will be now please, in the event that Cryptosoft, (now Device Authority) is sold, as I can't seem to find any info on that.
JP doesn't have those 25% now, he has agreed to be diluted by issuing more b shares to key personnel that help grow the business and who will eventually get rewarded on takeover or float etc.
05-08-2017
Any takeover we get 75% the old holders get the other 25%, we have 57% of a real going forward concern, someone will want it for sure but for how much? If someone tried to buy D/A the other way we would get around 44%(57% less 25%) of any deal that way that is holders here, hard to say what the total shares would be if this is taken over remember we have warrants and options that could be used if this starts really moving,all in all looking very good for some real money to be made any which way whatever happens.
23-07-2017
Good find MikeThere have been a number of articles saying DA is hot property and ripe for takeover so the negative comments just highlight the desperation of fake holders
18-06-2017
hey next week starts tomorrow-------------------cant wait---------millions/billions-------------mm desparate for stock--------tree shake----------da takeover on the horizon----and unckle tom cobly and all.----------more pleadind for news that is not there to give--------more money needed-------EARNINGS/CONTRACTS? dont be silly.
30-05-2017
At a normal AIM company with results coming in July, they would be working really hard right now to put out a contract-type rns on say June 10, another on June 30 so that, by the time the results come out, the tern SP would be at around 30p, and everybody smiling. then the results would cause a real shoot-up to say 50p, and tern would be a rising star on AIM. IoT security and cybersecurity are really HOT markets, after all? Looking, however, at the Management we have at tern these past 2 years I think we will get just a 10-line results rns and the share price will stay flat. Mainly because the rns will have no meat on the bone, claiming that revenue data is off limits within the private company DA. So the tern investor will have to wait till say Autumn this year.... till the takeover and the ultimate stage 3 payout. A sleeper (bottom draw share) till then, I think. Harsh I know, but that's how I see it...
12-05-2017
Another crap week ends here but still the this is worth 100 million or so brigade keep on, never ever have I seen an S/P of 8p turn onto 100p overnight it just does not happen even 100% lifts on takeover are rare putting us at 16p on takeover news, A/S is killing the share every week he keeps quiet, bring back A/F in the chair at least he did do some talking even if it was a load of bollox.
08-05-2017
Goldfinger ,,You seem very naive about AIM stocks , been shafted plenty of times never ever trust management on AIM, holders are always treated badly by management on most of the AIM stocks I ever held. If this is the bees knees the Rolls Royce of IoT security why the hell ain't takeover buyers all over it ???
27-04-2017
SW talks about stage 3 where stealth mode persists, with increasing 'land grab' Maybe 3a is where bids come in to buyout DA, and DA shrugs them off as being too low. Maybe 3b is when they finally concede. Do we reckon that 3a has started already? My only fear is that if a major vendor (eg DEL, Intel, .. ) swallows up DA (with DA losing its name) then some of the (24?) verticals might not appeal to the acquirer... and might be ditched (eg oil&gas, surveillance, ...). The best scenario is where DA would have the freedom to enter whatever verticals it wants, even after the takeover.
24-04-2017
Last word on the subject that is why I believe A/S has to keep the market up to speed with whatever D/A are doing so the share price reflects it, and any takeover action will have to be worked against that.
wardy, you are correct to an extent when you mention takeover premiums being no more than 100 or 200 per cent of the existing share price. HOWEVER, that only applies when the acquired company is itself listed and the sp is more or less up with events albeit a couple hundred per cent off. This is ultimately a takeover of an unlisted entity with no official obligation to tell anyone how business is progressing. As such, anything related to it (in this case TERN), could in fact be many many multiples out of kilter (as all of us on this bb know). Any buy out therefore will bear no resemblance to anything currently priced. (I think you know this mate).
Wardy it will not be a takeover, it will be a private company being bought for whatever price someone is willing to pay for it. Al
20-04-2017
The wider market still clueless about D/A, people talk about stage 3, been on the markets for years and very rarely does a takeover premium rise more than 100% from the previous days price, so in my eyes if stage 3 is anywhere near A/S needs to get news moving to the markets and get the TERN S/P moving sharply, the latest news is very good why has he not done an RNS?
18-04-2017
Being this cool it can't be long before the first takeover approach is received.. Tick tock. http://www.crn.com/slide-shows/internet-of-things/300084589/15-cool-iot-security-startups-that-are-keeping-connected-devices-safe.htm/pgno/0/7
10-04-2017
wardy33310 Apr '17 - 09:05 - 63280 of 63288 1 1 Why is A/S reluctant to RNS anything? 1) There is nothing to say worth an RNS. 2)He does not care about shareholders and is too busy with his workload. 3)Revenue is sub-standard and would be embarressing to post. 4) Revenue is OK but not worth an RNS. 5)Company is in takeover talks with a few potential buyers. 6)Company is still being built up and will require a few more Years to be established. 7)IoT world is a lot slower developing than most thought. 8) None of the above and its all a mystery. *********************************************************** Wardy got filtered by some for that one. Any more posts like that and he will be banned from the rampers thread !
Why is A/S reluctant to RNS anything? 1) There is nothing to say worth an RNS. 2)He does not care about shareholders and is too busy with his workload. 3)Revenue is sub-standard and would be embarressing to post. 4) Revenue is OK but not worth an RNS. 5)Company is in takeover talks with a few potential buyers. 6)Company is still being built up and will require a few more Years to be established. 7)IoT world is a lot slower developing than most thought. 8) None of the above and its all a mystery.
Until we get some news on revenue the market will keep us poor, presentations, exhibitions are all good but don't help the share price at all, been wallowing around the 8p mark for ages now and nothing except revenue news or takeover interest will be the only thing that will help. Where is the New Chairman? been Months trying to find one?
06-04-2017
kk, indeed. I don't know why anyone is concerned about a hostile takeover and our BoD having to sell for a ridiculous lowball offer. It's not going to happen. Tern and AL own over 70% of DA so a predator couldn't go that route. To accumulate on the open market the tens of millions of Tern shares neccessary you'd push the price into the pounds. Not sure where we stand if an offer for Tern came in but if the BoD thought it was a bad deal and brought along the key shareholders then that would be a non-starter too.
S.w. This low share price could be an accident waiting to happen! I would take three times today's price and so would many holders. But why should it take a hostile takeover approach for terns management to start to release the news that shows the value that has been built at device authority. I do believe that terns management have left tern vulnerable to an opportunist approach. It will be to late if a buyer buys stock in the market and makes a quick move. The prices for some of these other cyber security companies show how minuscule the price of device authority could be bought for at these levels.
You can say that again. Desperate fools. johnb5 6 Apr '17 - 08:42 - 62997 of 63000 0 0 an interesting find re MacAfee, doesn't half bring the numpties out in force :-) So funny: dave444 6 Apr '17 - 08:44 - 62998 of 63000 0 0 McAfee CEO clearly thinks this woman is worth talking to and DA being put up there as a potential takeover target should become increasingly mentioned
McAfee CEO clearly thinks this woman is worth talking to and DA being put up there as a potential takeover target should become increasingly mentioned
27-03-2017
I think if Darron wasn't performing ALP & Tern would have decided to get rid now.. How many other co's have the security partners we have lined up? Cumulocity takeover shows the fragmented iot platform markets are starting to consolidate as predicted by many of the sector watchers.. what will be interesting is where our partnership with cumulocity stands now.. is it extended or replaced?
20-03-2017
MR 61852 CPX are not "trying to go it alone". As part of their strategy they currently have licensing deals with Murata and AVX, major producers in their field and IMO likely contenders in any future takeover approach. Today's drop in sp is likely due to the supplier problem (now supposedly rectified), which led to a drop in revenue for the reported period.
13-03-2017
Intel splashing the cash, all hotting up in car sector. http://www.bbc.co.uk/news/business-39253422 US chipmaker Intel is taking a big bet on driverless cars after announcing a $15.3bn takeover of specialist Mobileye. Intel will pay $63.54 per share in cash for the Israeli business which develops systems for "autonomous driving". Mobileye and Intel are already working together, along with German carmaker BMW, to put 40 test vehicles on the road in the second half of this year. Intel expects the driverless market to be worth as much as $70bn by 2030.
28-02-2017
Mr Harrison this is not about anything else other than you comparing this with a company that has allegedly been proved to be a fraud. I am certainly not trying to be clever, as you put it and I have not objected to any other comments you have made.I also have read every article written on SP about Tern and their stance has softened of late. I will not post any of their articles, as they are looking into the problem of copyright infringement.However I will quote a recent comment they made....DA may hit the big league or receive a blow out takeover bid...their words not mine. HT
24-02-2017
PTC Inc. (NASDAQ: PTC): The owner of ThingWorx, noted their record bookings momentum being created by a diverse set of IoT applications, such as augmented reality, the connected car, and industrial IoT. We believe the IoT segment at PTC could be much larger than its current focus in Service Lifecycle Management (SLM), and this first-mover ecosystem will likely become a takeover target for the likes of GE, Siemens and other major industrials. http://seekingalpha.com/article/4049120-iot-monthly-review-2017-big-start
22-02-2017
interesting, medium term, how the 2 bubbles are getting bigger On the one hand the 'join-the-dots' gang who see the tie-ups increasing all the time, and contemplating/hoping for a takeout 'bid' situation. Maybe DA gets nudged by a major vendor about a possible takeover... and politely refuses. And then waits for the next bidder. We don't know a thing, so far, about the end game. Has it started yet? On the other hand, the lack of revenue on paper since that 300k one last autumn, so that the bashers' bubble gets bigger too (tern is no unicorn in terms of revenue, they'll cry) So which bubble bursts first?
19-02-2017
For what it's worth SP have just published its view on the TERN results. Yes critical but not as scathing as in the past and it does suggest that DA may hit the big league or receive a blow out takeover bid.HT
17-02-2017
As for a takeover target it's pretty much nailed on and I just cannot see it being any less than a few hundred million. Sounds crazy but it's not.
I understand the share value and the paper profit...wish the revenue was there in the report to back it up!!Wonder will this be a takeover target very shortly for vertical distribution?
16-02-2017
4 questions for anyone going to the AGM. 1)Who decided on the 7p placing price when clearly it could of been higher over subscribed? 2)Is the company now self sufficient meaning no more imminent placings? 3) Has there been any takeover interest in TERN? 4)Why is news very sparse when we can all see there is plenty to report? They won't answer any but well worth putting them on the spot and see how they react.
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