Andrada Mining Share Discussion Threads

[jack1822] 21/2/2005 16:32

Marine Boy: have you got any of that special chewing gum?
I'm also waiting for a bid, but not so good at holding my breath.

[marine boy] 14/2/2005 12:31

SVG accumulating - up from 5.74% to 6.24%

Suprised this share hasn't moved up more on speculation.
Anyway, have picked up a few in anticipation of a bid or merger.

[mangal] 08/2/2005 07:50

When will the bid come? Extract from citywire:
"Daniel Cohen, the chairman and 16% shareholder in US charging cash machine operator TRM Corporation, has lifted his stake in UK rival Moneybox .

Cohen has picked up 1 million Moneybox shares to take his holding to 5.35 million. His holding combined with that of TRM totals 17.9 million shares or just less than 9% of the £72 million company.

The latest purchase is likely to spur takeover speculation in a sub-sector where consolidation is expected to take place.
"

[dvda] 07/2/2005 11:27

riverbank - Their holding has been declared. As per my previous post their holding is in the name Davenport Lyons. Also today's RNS shows a further purchase of 1m, taking the TRM total to 17.85m or 8.96%.

jailbird - what was it you were saying about them reducing their holding?

[riverbank] 02/2/2005 19:51

Pardon my ignorance if I'm wrong..... but don't they have to declare any holdings over 3%? are we looking at a concert party here?

[jailbird] 29/1/2005 19:09

dvda,

don't u mean reducing their holdings...another 1 million sold on friday

[jailbird] 29/1/2005 19:09

dvda,

don't u mean reducing their holdings...another 1 million sold on friday

[shadowchaser] 28/1/2005 10:41

DVDA --Thanks for that --What's your take on this are you holding ?

[dvda] 28/1/2005 10:39

Don't think Cardpoint are in a position to bid, but TRM have been stake building - they hold 8.5% of shares under the name Davenport Lyons.

[shadowchaser] 28/1/2005 10:23

ATM-- This thread is deathly quiet--- [Or is it just- DEAD!]

There was some press talk of takeover discussions with Cardpoint[?] some time ago ,but nothing seems to have emerged since .

Any comments anyone --I'm sitting on a modest profit and am idly wondering whether to sell.

[dvda] 30/12/2004 11:03

Maybe he bothers to read the regulatory announcements kindly provided by ADVFN.

[bowlerboy] 30/12/2004 10:55

Toby tots - where do you get your information?

[toby tots] 18/12/2004 09:58

TRM has just bought another 4 million shares taking its stake to 8.46%

[chalkie100] 02/12/2004 07:50

Does amyone know why the rise today? as ATM has been very static of late?

[blackrabbit] 01/12/2004 13:16

Something is happening..................the price, long time stuck at 34-35, has found new life. I wonder ??

[shadowchaser] 30/11/2004 19:51

ATM
--Hmmm --All very quiet on the Western Front since the ''takeover talks''--

Something in the wind ???

-SC

[riverbank] 26/11/2004 18:11

Hmmm.. looks like TRM will buy these guys.......that will be a shock to the system..

[shadowchaser] 25/11/2004 17:16

ATM --Well ,I for one, hope they're doing fine --so they can takeover this lot!

[bowlerboy] 24/11/2004 23:18

Funny no mention of Cardpoint's results here!

[dvda] 18/11/2004 16:01

Bank Machine is a smaller player and privately owned i.e. no UK listing. They have a network of just under 1k ATMs, but see far higher trans per machines than Moneybox and Cardpoint. Presumaby at somepoint the VC company will want to sell in order to realise a profit on their original investment (they fiannced a MBO of the business from Euronet).

Otherise they might look at Infocash, but other than that there isn't too much scope. There are several other players out there, but they all tend to operate the 'merchant fill' machines, which is the part of the sector which is over provided for IMHO.

[riverbank] 18/11/2004 15:31

Good thinking....I'll check out Bank Machine. how about Moneybox acquiring one of the smaller players.... some of these keep their heads well below the parapet, but seem to have good businesses...

[riverbank] 17/11/2004 17:54

Yep, dvda, I've been watching CASH too...

agree that Moneybox look static.... only putting 30-35 new machines in every month, and transaction levels per machine are down.... could be that there is some tangible reaction to high fees? looks like october was down also..

[dvda] 17/11/2004 10:57

I've been posting a bit on the CASH BB. There's been quite a bit of coverage in the media recently on ATM charging and the forthcoming Treasury Select Committee review.

Nothing Moneybox specific to talk about really, though I believe they are still struggling a bit on transaction levels. At the interims they said that July and August were below plan - as I understand it September was no better.