Did anyone notice the declaration last night at 17.35 by Majedie Asset Management marked 'Initial position disclosure'
They declared a holding of 10,755,473 shares (3.57%), no purchase price given. Don't recall seeing them before |
that said they are nudging up the bid and ask on very little... try a big dummy buy and a big dummy sale and you'll soon find out whether it's more than smoke/mirrors |
Thanks Brando (another lesson learnt) Thats another reason why Im sticking to Fundamentals and long term investing! |
try putting in a dummy purchase and see what you are offered... |
Well Brando if that is the case and I don't know because just looking at price via my mobile phone whilst walking the dog that is a disappointment. |
are you guys joking?
the only reason it is showing at 129 is that this is the buy price of an UT of 29 shares (twenty nine shares). Sell price remains the same at 127.50 |
6 Million sells yesterday hoovered up to reflect in this mornings opening price of 129. Is it "game on"? |
The question is why is itA. They have balls of steel and are going with a gut feeling.B. They know something or have a rumour that we don't know about.C. They are stupid. |
Buying into Anite above offer price hopefully someone knows something. |
Now that is a surprisingly good start to the day, could there be a rumour circulating? |
Hmmm, but we have to be realistic about the offer. 300p would be colossal, 200p is just the going rate.
Alphaville re full year trading update FY2015 |
200p would be colossal - I would be settle for 155 |
Just wondering when that 'offer incidental' runs out. The irrevocable shareholders clause had 7 days of grace from the announcement date. So now Keysight has 15% of the 75% needed.
The profit figure has already been established. Sales of their new utility suites came through strongly in Q4.
Add a decent premium ( say that 20% Keysight kept shouting about ) & that offer bid should be revised to 200p. Problem is Keysight cannot cover that with their offshore funds without digging deeper elsewhere. |
If they are that poor the deal may be off, but does this not also reflect badly on the BOD who appeared to think they would be good??
This can't be true. The results will be OK. Then another offer comes in and we are all sitting pretty, maybe! |
EBITDA £ 22.1 mill ( even after taking the € weakness into account ).
Chris Humphrey is going to need some moral support at the analyst meeting.
Will the Keysight guy be there ???
The chairman will be IMHO. |
 Looking at the figures. The current price is 127.62p. The growth rate is 19% for the current year. The P/E ratio is 19. That gives a PEG of 1.2.
So in the medium term we could have expected the share price to hit £1.60. So Keysight is getting the company at a discount of 20% & not paying a premium of 20%. That is if we can all bear the situation for a couple more weeks.
So yes, the shareholders have been taken for a ride. The timing was disgusting coming as it did before the results were announced next week.
A lot of these older guys get a great thrill from the cut & thrust of running a company. For many it keeps their minds active & results in them staying 'young'. Nowadays 80 might be a good age to consider being 'old' in a company environment & not earlier. In fact in a recent interview Chris Humphrey said that he prefers being an executive rather than laying on the beach.
I will leave it to other posters on this board as to whether an accountant (CEO) who is on about £360,000 basic really needs options as an incentive. I agree options do serve a purpose but not to the extent that Anite has gone to in their LTIP implemented by the chairman last year. The group finance man is on about two thirds of that plus options.
Incidentally Chris Humphrey is an FCA, CIMA, BA, MBA & also works in an honorary position for a couple of public companies (figures presentation - Companies Act capacity). He has the figures already & yet advocates the acceptance of the Keysight offer.
That sums up the motive that is operating here !!! |
Hello to current Anite forum members. I'm rather new to this but as one of the sons of the guy that took this company public I feel moved to have my say. I agree with 'picobird' that this company still has a lot more growth in it shareware and that the directors just want to take the money and run. Many of them are quite old and just want to enjoy the fruits of their labour while the going is good. I also agree with 'irenekent' that the shareholders are missing out, if my information is correct, to the tune of £22million!. I would interested in other shareholders' opinions on this. |
It can't be Keysight buying. Someone on another forum says they cannot buy above £1.26 without increasing the offer price. |
was that 2m in total then Davros? |
Now why would someone just buy 1m shares above the offer price...? |
Now why would someone just but 1m shares above the offer price? |
Seems to me that they just want to take the money & run.
Chris Humphrey is no doubt fed up with his commute between Fleet & Bath. In his late fifties he just wants to put his feet up ( and count his wad ).
Pretty straightforward really. People normally love their jobs especially if there is a pot of gold at the end of the rainbow !
Do not get me wrong, CEO's do work hard. Where there are people there are always meetings, normally through most of the day.
When the results are announced will anybody notice? Peeps are going to be running around in circles after Greece defaults. |
Found this twitter site. Makes a good summary of Anites achievements to date.
Changing the subject scroll down and check that lorry out with video display on the back. |
Either our BOD are dishonest, self-seeking, oppertunists, or very shrewd directors pursuing a carefully crafted route to flush out would be buyers. Only time will tell. I have my views but am prepared to wait a few weeks. The one thing I am clear about is that, from all that we know, this recommended offer is way below fair value. Now why would a knowledgeable, capable, honest BOD recommend such an obviously low offer? Mmmmm! |
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