AGA Rangemaster Share Discussion Threads

[scotch broth] 17/6/2015 22:11

If the takeover goes ahead normally you will exchange your shares for cash ,shares in the predator company or a mixture of both.

[werewolfie] 17/6/2015 21:09

TraderPAwel - We arent sure if the takeover will go ahead yet. Still in talks with Middleby

An old stock market saying springs to mind here - "Buy on the rumour sell on the news"

hxxp://www.stockmarketwire.com/article/5058720/AGA-Rangemaster-confirms-offer-talks.html

Brilliant news though - Zedman , I was ready to sell mine as well. I bought 4 weeks ago at 1.18, it dropped to 1.03 (my stop loss is 10-15%).

[traderpawel] 17/6/2015 20:25

Thank you very much. I am a recent finance graduate and love browsing through fundamentals but am lacking practical experience. All the best and thank you again

[saltaire111] 17/6/2015 20:22

Traderpawel, it depends on the terms of the offer, if indeed they make an offer. In this case, it is likely to be a cash offer and i'd guess that offer will come in about 20% ahead if where the price is now. You can sell your shares now, if you want to take advantage of today's increase in price, and bank the profit. If the offer doesn't materialise, the share price will fall back, retrace, to about the level we saw before the news of Middleby running the rule over the Aga cook-books. Middleby is a good outfit and its stock in the US has grown by over 400% in the last five years - so they know what they're doing. So if they decide to buy, i'm almost certain it would be cash and not a cash and shares deal. And your broker will settle this for you - middleby transfer the cash to their choice of bank that deals with the sale for them and they in turn buy your shares from your broker who in turn pays the cash into your brokerage account.

And for a newbie, you clearly have a good eye for this game in that you've selected a stock that's just shot up 30% in a day!!!

Salty

[traderpawel] 17/6/2015 19:59

Can anyone clarify to me what happens to my holding when takeover takes place? I am relatively new to investing and have no practical experience. Do I get additional shares added or is it simply reflected in increased share price? If it sound stupid to anyone disregard it and stop yourself from calling me names ir telling I shouldnt be here but I'd be grateful to anyone who is kind enough to explain it to new member. Thank you in advance. We all start somehow

[daveb12] 17/6/2015 15:43

Surely 180p is realistic bearing in mind top price over last few years? Lots of good and bad points to the share so probably won't pay over 200p?

[anony mous] 17/6/2015 15:20

I reckon £125m mkt cap over 69.2m shares.Maybe 1.85 to 1.90 approx.Tbh I expect counter bid since some divisions are very strong indeed.Much higher.

[capricious71] 17/6/2015 15:18

Just sold at 139.99. I wish I'd stayed in now!

[wad collector] 17/6/2015 15:14

If they offer three times today's price it will be almost as much as I paid for this dinosaur ten years or so ago!;-)

[filterwest] 17/6/2015 15:04

What price?

[18bt] 17/6/2015 14:49

Will they be happy with the pensions deficit?

[luckymouse] 17/6/2015 14:40

nice - they fancy it on the turn

[jamdan1] 17/6/2015 14:31

Would you believe it..sold out ten minutes before RNS....doh!

[18bt] 17/6/2015 14:28

? News on France?

[zedman_1] 17/6/2015 14:27

Wonderful possible offer! And I was going to sell yesterday.

[bluerunner] 17/6/2015 14:24

I'm AGAst this has risen so dramatically.

[zedman_1] 17/6/2015 14:20

Just turned my AGA off. Lovely little rise.

[ddav] 17/6/2015 14:06

My Aga is on fire !!!!

[bally101] 17/6/2015 13:57

What is going on here, share price just rocketed in the last 30 minutes ?

[toyin] 10/6/2015 08:12

For what its worth, I had my AGA serviced yesterday, the technician said they where very busy and he said the sales side was busy as well.

All the best

[daveb12] 21/5/2015 06:29

Just topped up some more on the slight dip, brokers looking for 125p, 165p and 200p, plus IC this week also tipping again (Hopefully not the sign of a plummet!), there must be some upside here.

[luckymouse] 15/5/2015 13:49

Bowl & nipple on the weekly




EDIT - consensus 163p (I calc 189p ie ahead) - fwd pegs 0.1, 0.3 - about as good as it gets - lets see if Rothschild comes through