Arcon Int. Share Discussion Threads

[hypocrite] 18/3/2005 08:31

Swedish Depository shares backed by a Canadian quoted company???????????

[hypocrite] 18/3/2005 07:56

Well!!!
The offer and Arcon's results are published today!!!!
Conveniently when a large number of Arcon's 15000 shareholders
are over at Cheltenham.

[hypocrite] 16/3/2005 09:11

Boliden sold 6.7% in Lundin to an "accredited interest" according
to The Sunday Tribune.....

[hypocrite] 16/3/2005 09:04

There's yer answer!!!!
1420-1450 dollars a ton yesterday.....
and LEAD?
1010 a ton...

Facts speak for themselves....
ZINC is back!!!

[hypocrite] 16/3/2005 08:25

How could anyone here be blamed for observing that either Arcon or it's new owners (possibly Lundin) would be adding over IR£ 80
million as a sweetener................

[figis] 15/3/2005 22:21

Hypocrite you give us all hope, keep up the fight, I for one am right behind you. I am glad you highlighted the Waterford results. What a mess that company is in. One of O'Reilly's problems is that he does not fire the senior management who are resposible for these pathetic results. He is surrounded by yes men and cronies who have been with him for years.

Independent Newspapers (INWS)results are out in the morning and they should be good that is if he can believe recent utterances from that company. However, market sentiment is against anything O'Reilly is involved with because he is so highly leveraged and his personality dominates the companies he is involved in.

I note your post about the Irish Examiner article. I think it is fair comment about the debacle at Arcon.

[britishbear] 15/3/2005 17:52

Nice posts - so there is hope for us yet. They may just have to increase their offer.

[hypocrite] 15/3/2005 15:59

My expert friend just told me that the professional anaysis
of the possible deal says that Lundin would be buying Arcon
on the equivalent of 5 pe....
Caveat Emptor

[hypocrite] 15/3/2005 15:15

I hope and believe we'll get to see those results!!!
Did you guys know that there are 15000 minority
shareholders in Arcon?
ICaveat Emptor

[hypocrite] 15/3/2005 11:25

No plans to cut jobs at Wedgwood

Tuesday, 15th March 2005 07.31am



There are no immediate plans for jobs cuts at Waterford Wedgwood in the wake of yesterday's profit warning, the firm has said.

Group chief executive Redmond O'Donoghue told the Irish Examiner there are no proposals to take the company private, despite the massive fall in the value of the company on the stock exchange.

"One can never say about the future funding of the company and you can't rule anything in or out but there's nothing on my desk," he said.

O'Donoghue stressed that WW retains its market leadership status and has increased its market share in some sectors, albeit in a declining market for luxury goods.

Waterford Wedgwood's share price fell by nearly 27pc yesterday after the company issued a profit warning when the company announced that total sales for the year to March 31, 2005 are expected to be around 6pc down on 2004 on a like-for-like basis.

[hypocrite] 14/3/2005 12:26

yesterdays zinc price.....1415
Lead price 1014

[hypocrite] 14/3/2005 10:30

They may get the deal through but not at anything less than 40p
and plenty if time to sell for people who dont want the Lundin
shares!!!!

Caveat Emptor!!!

[hypocrite] 13/3/2005 19:53

Signalling his intent to merger last week may have triggered other
partners actions in this consolidation strategy....

[hypocrite] 13/3/2005 19:41

Hermes
Sunday Tribune
Tara Mines owner offloads Lundin stake!
Boliden, the Swedish mining conglomerate that owns Tara Mines,
has sold a 6.7% stake in Canada-based LUNDIN MINING, the firm
that said less than two weeks ago, that it is buying ARCON
RESOURCES for E94 million in cash and stock.
BOLIDEN which is the third largest zinc miner in the world,
said it had sold the Lundin stake to an "accredited investor".
It will realise a gain of E2.2 million on the share sale.
Arcon majority shareholder Tony O'Reilly will get about E40
million in cash and E40 million in Lundin stock as a result of
the recent acquisition.
Lundin stock price has risen by over 25% so far this year;and
rose by some 1.5% on news that Boliden had sold it's stake.
Last week Outokumpu which had sold the Tara operation to Boliden,
offloaded a 10.4% stake in Boliden, raising E115 million in the process.
Outokumpu had acquired the shareholding in 2003 in part exchange
for mine and smelter capacity it transferred to Boliden in a E849
million transaction.

[hypocrite] 13/3/2005 07:57

I wrote to all the media......but I was'nt expecting the Times and the
Indo would be interested.......figure that one for yourself....I did'nt
think the Sunday Tribune last week would print what it did about the previous
Sunday's interview with the CEO...but it did....I hope it did'nt earn
the writer a place on the marriages column!!!
Censorship?
Cant comment....except to say it would have been a brave man!!!!

Cheltenham week starts tomorrow, which will be the last day in the office
for anyone who is anyone in Ireland....the disease also infects half of my colleagues in the City of London...........
This week would be a great week to make an announcement that you might
want to make unopposed.....or to dampen it's opposition....

Bit like putting a planning notice for a building site in the papers in Christmas week!!!

[britishbear] 12/3/2005 21:36

Nice post hypo - I assume you put them on to this story with your emails and letters.

If so well done. Won't save us of course but certainly worth doing.

[hypocrite] 10/3/2005 12:23

Never mind!!!

[hypocrite] 09/3/2005 10:25

Lundin was down 10 cents!!!!
let's not overplay our hand...bad and all as it is!!!

[figis] 08/3/2005 19:21

Lundin down in Toronto again this evening. Betwen this and disillusioned shareholders heading for the exit will depress the share price.

Hypocrite any feedback on your protestations. I would be interested to know and back you up anyway I can.

Kingspan's results out today. The results are excellent and well worth reading. This is a well managed company. The shares have enjoyed a good run and my opinion for what it is worth there is more upside to come. The price is in euros.

[hypocrite] 08/3/2005 01:50

How can AIN fall if the bid is at 36-37p...53 cents Euro?
I'd be interested to know....

[rambutan2] 08/3/2005 01:34

just sods law that happened to end up in that account.
will be taking a look at lundin and seeing how far ain can fall and weighing up the best way to go.