Trans Balk Inv Share Discussion Threads

[prothus] 18/11/2004 17:11

Agreed LB0,

With TBI gaining outright control of London Luton this is a totally diferent ball game now and I expect any initial offer to be above £1.00 and if another bidder gets involved well who knows...........

[lbo] 18/11/2004 17:04

Expect circa £1....remember the board and Stan Thomas turned down 90p from Vinci in 2001!

[husbod] 18/11/2004 16:59

Market obviously thinks 90p's the limit for the moment. All depends now on whether someone else jumps in although the recent more active investors will no doubt put pressure on the directors to get the best possible price.Not sure there is great upside from here and have top-sliced accordingly but will hold the rest for the time being and await events.

[garysmith7] 18/11/2004 16:02

Topcar,
I was merely congratulating myself as I've been posting for ages that TBI was going to 90p and I hold quite a few TBI. That was an old post and the link was relevant to TBI as BAA happen to own a few airports too.

[topcar] 18/11/2004 15:49

gary what as that link got to do with tbi ?. they will not buy it for 90p,more like the £1 - 120 mark, i think easyjet,well in their interest,oimo.

[garysmith7] 18/11/2004 15:42

Looks like I was right..

garysmith7 - 10 Sep'04 - 08:53 - 560 of 658 edit

Looks good for TBI


If there is a bid comming (which is very likely) expect 90p

[abcd1234] 18/11/2004 14:04

Tone...but you've taken your well earned ££ and moved on??

or are u in for a run on in %gain

[prothus] 18/11/2004 14:04

Agreed Tonester I think between £1 - £1.20p

[tonester30ccfc] 18/11/2004 14:00

Well north of 90p IMO

[abcd1234] 18/11/2004 13:59

gu'estimated take out price?

[prothus] 18/11/2004 13:58

This could easily run up from here, the chance remains that more bidders may join the race.

[blowson2000] 18/11/2004 13:56

Happy days!! thinking of selling at 88p now just in case this is another false dawn.

[tonester30ccfc] 18/11/2004 13:38

Beaujolais day for me. Might pop a bottle of Krug

[husbod] 18/11/2004 13:37

Hi tonester - someone needs to find out the price offer as this RNS has revealed the absolute minimum required under stock-market rules. Presumably it cant be less than 90p but one good thing is that it might bring out other interested parties.

[abcd1234] 18/11/2004 13:36

gu'estimated take out price?

[prothus] 18/11/2004 13:32

TONESTER IS A GURU GREAT CALL MATE!!!!!!!!!!!!!!!!!!!!!!

[prothus] 18/11/2004 13:31

RNS Number:3934F
TBI PLC
18 November 2004

18 November 2004



TBI plc ("TBI" or the "Company")

The Board of TBI notes the recent share price movement and can confirm that it
has received a preliminary approach which may or may not lead to an offer for
the entire issued and to be issued share capital of the Company. Discussions
are at a preliminary stage and there can be no assurances that agreement can be
reached.


A further announcement will be made when appropriate.


Enquiries:


TBI Tel: [phone]

Keith Brooks, Chief Executive
Caroline Price, Finance Director

Dresdner Kleinwort Wasserstein Tel: [phone]
Charles Batten
Ishbel Macpherson
Michael Covington

College Hill Tel: [phone]
Justine Warren



Dresdner Kleinwort Wasserstein Limited which is authorised and regulated in the
United Kingdom by the Financial Services Authority, is acting exclusively for
TBI and for no one else and will not be responsible to anyone other than TBI for
providing the protections afforded to customers of Dresdner Kleinwort
Wasserstein Limited nor for providing advice in relation to any matter referred
to in this announcement.


This information is provided by RNS
The company news service from the London Stock Exchange
END

OFDILFFVLRLTLIS

[tonester30ccfc] 18/11/2004 13:05

Husbod,

Agree. Could someone please enlighten me on stockmarket rules for making an announcement.

With trades at 6.25m now (five times normal volume) and with a share price increase of 8%, this will be under scrutiny. At what stage will the delightful Mr Brooks have to make an announcement?

[husbod] 18/11/2004 12:43

Much more of this and Messrs Brook and Thomas will be forced into an announcement (one way or the other).

[tonester30ccfc] 18/11/2004 12:08

I'm in for £50k at 75p on the back of a hunch and with todays volumes I am now totally convinced that there is something cooking

[ian_traynor] 18/11/2004 12:04

Strong volume today and movement, bid spectulation again? Anyone heard anything?

[serko1] 18/11/2004 11:32

Peel Holdings a possibility

[prothus] 18/11/2004 11:32

Morning Tonester,

Just got back in from some appointments to see the price, now I really think you were, or in fact now ARE correct, wow, most importantly though is the hevey volume.

Great call Tonester!!!!!!!!

[maestro.] 18/11/2004 11:26

got to be a bid in the pipeline...take out price 110p-120p imho