Arena Events Share Discussion Threads

[jpjp100] 08/3/2012 19:10

should get the money through in the run up to my birthday!

what shall I buy myself....

[25babies] 07/3/2012 17:36

All over amen.

[dugganjoe] 24/2/2012 18:13

Pub landlady Karen Murphy wins TV football court case

Karen Murphy saved more than £350 per month by using a cheap foreign decoder
Continue reading the main story
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A pub landlady has won her court fight with the English Premier League over using a Greek TV decoder to show games.

Karen Murphy has paid nearly £8,000 in fines and costs for using the cheaper decoder in her Portsmouth pub.

But she took her case to the European Court of Justice (ECJ). It found partly in her favour, and now the High Court in London has also found in her favour.

However, the Premier League said it still had the right "to prevent the unauthorised use of our copyrights".

The complicated case has been closely watched as it could trigger a major shake-up in the way football TV rights are sold, and potentially pave the way to cheaper viewing of foreign broadcasts for fans of top-flight English games.



Time for someone to shaft the racing industry

[25babies] 01/2/2012 08:56

Interestingly OFT only giving 2 weeks for comments. Therefore not expecting anything of substance methinks. However this must just introduce a tiny element of risk if there are any racing bodies raising concerns. Obviously if the OFT decide there is a case to answer - expect the share price to head downwards.

[cue ball] 29/1/2012 12:41

look at carphone, they are getting the same silly letters, referring to their shares.
Carphone says its a fraud.
Even though, like you, when i checked, the company looks genuine and regulated, weird.

[haddy] 29/1/2012 12:31

Lets just say multiples of the offer price! As I say,ridiculous. I looked at their website and they seem genuine. Anyone else heard from them?

[cue ball] 29/1/2012 12:20

what price are they offering??

[haddy] 29/1/2012 02:37

Anyone had any correspondence from a company name of 'Goldman & Lyle Consulting' based in Canada? Offering to buy my shares at a ridiculously high price! Whats all this about! Seems very strange.

[cue ball] 18/1/2012 19:46

think you got everything covered Des, Good call.

Not selling mine for another week, no rush, like having money in bank, no interest.

just maybe somebody else may look, Qatari`s??

[jpjp100] 18/1/2012 15:50

Yep, other potentially interested parties have had long enough to decide if they wanted to jump in with a bid and, was one to be had, I would have expected it on Monday 16th at 0700

[25babies] 18/1/2012 12:00

Go and buy some shares if you think there is a possible new bidder - downside no risk upside potential - just small dealing costs involved and marginal difference on share price if no bid.

Nobody willing to play - hence all over.

[25babies] 18/1/2012 12:00

2 more big sales - both @ 1.5m shares. Of course a done deal.

[jpjp100] 18/1/2012 11:18

as no other offer has been forthcoming, I reckon this is a done deal now.

[deswalker] 18/1/2012 10:04

I thought the possible other party was SIS but that was put to bed in December when they announced that they were no longer suspending dividend payments to consider their options and instead paid out a dividend just before New Year. Happy to be corrected though ...

Looks like the Reubens have done a good deal here. I think this is another example of what will be a growing trend, namely the "low premium takeover". Liquidity is getting so valuable in today's world that strategic holders of large stakes (such as Hemmings in ARE's case) are happy to realize their asset at a 10-15% premium so that they can go and spend it before it's too late.

The shennanigans of Joe Lewis at MAB is another example of a billionaire being unwilling to pay much of a premium at all and I suspect he will achieve his aims there too. It's pretty unethical but if the market is unwilling to rate shares properly then hard-nosed rich businessmen will take advantage of the situation, take a longer term view than the market and capitalise to the detriment of the small guy.

I'd appreciate any thoughts on whether others see things similarly.

Des

[badtime] 18/1/2012 09:30

well tbh 25 thts how i c it

[25babies] 18/1/2012 09:10

The share price is marginally below the agreed bid price. Clearly, many shareholders are selling now as solely a marginal call to get the money now rather than wait two months. Furthermore, I suspect that the R Bros are mopping up all the shares on offer. This game is over - there clearly is no expectancy in the market for a counterbid - otherwise the share price would be creeping above the bid price.

[cue ball] 17/1/2012 20:26

this is looking like a bidding war is about to happen, why put that clause in about 50p offer and reubens deal is off???

somebody at arena knows another bidder is about to come in.

[dugganjoe] 16/1/2012 22:11

news tomorrow imho, 51p at least to kill the irrevocable undertakings

[badtime] 16/1/2012 21:20

seemed to b some healthy buying going on

[badtime] 16/1/2012 11:14

eh????..too much coffee dugganjoe?

[dugganjoe] 16/1/2012 10:54

90p yesss!

[cue ball] 15/1/2012 20:00

agreed, i think the 3rd party, Sky, will bid £260m on mon/tues. or 52p.

Then the reubens will have to come back at 58-60p Hemmings is to smart to be outfoxed by these guys.

[jpjp100] 14/1/2012 16:01

seems discussions have been going on with an alternative bidder

who now seems to have retreated sufficiently for this offer to be formalised

probably a done deal, but its not all over just yet imo

[dugganjoe] 13/1/2012 22:33

roll on 70p