Maven keep on buying it seems - what they upto |
Thanks Gerd. Will definitely have a good look at that one. I need to put some of that cash to one side for a house as I did the unbelievable & invested my house proceeds into AIE a year before the housing crash in 200? ( exact dates escape me ).
Yes I know, but it seemed a good idea at the time...........LOL. It won't happen again............promise !!!
Anyway, I retire this month & need to make some sensible decisions including which country to live in. Have not been in the UK for a few years. That's enough about me.
Let's hope we get that counter bid, but time seems to be running out. |
Pico, If you haven't looked at SEPU before this is one you ought to add to your watch list seeing it looks like you are about to come into some cash.
This is one I have held and traded for several years and latest results show it continues to be a solid company. After the recent acquisition it looks set for further growth.
You might consider the price too high for you but it may be worth following as it is a very good UK tech co. |
Yes know what you mean Pico.
Try a months free trial to cancel the free trial just cancel the paypal debit then you don't have to worry about forgetting it at the end of the month.
The info on one company is all on one page and takes seconds to scan for your suitability also you can put in criteria searches Mkt Cap, Net gearing etc, saves a lot of time and hassel. I join for one month when I am looking for a new stock do my research over the weekend pick the stock buy and that's it until I want to buy again just £30. Wouldn't dream of a continual monthly sub when I only use it once a year or 18 months. |
Butmac
Will read up on it. Thanks for the advice.
Can never bring myself to part with money over things like that. Prefer to scrounge tips from anywhere & then spend days analysing the company concerned. Sometimes it only takes two minutes but the good companies need a lot of research. Will be reducing my portfolio by 80% after Anite.
Can't even bear to part with a sub to IC, just plain tight..........LOL |
Yeah good points Pico.
As regards picking new stocks have you read Jim Slaters "Zulu Principle" and tried the REFS site (Really Essential Financial Facts) I have picked all my companies from day one with this method. Use to have the paper version then Cd and now you go online. Cheapest rate is £30 for 1 month weekends only. They will give you a months free trial 24/7.
hxxp://www.companyrefs.co/
butmac |
Butmac
Good idea to stick it out.
At least we all know now why the directors are always smiling on the Anite publications. Let's just say it's a crocodile smile.
As for the payout. I was thinking October originally but it will be a fair bit earlier.
Time to move on & perhaps analyse as to whether the market is going into a bear phase.
Think I need to catch up with the thoughts of Warren B. Personally I cannot invest without giving a company a good going over on its fundamentals. TA is brill though.
So perhaps by the time le Tour de France is ending we will all know our fate...........LOL.
Certainly will not be investing in Keysight as I sincerely believe that they are on the decline.,
With the Chinese market in panic mode & bearing in mind that prices have doubled in 12 months, only contemplate stocks that fall 70% from their highs. Also bear in mind that we are probably headed for a global correction - bear market. The bull market cannot sustain itself after 2015 IMHO. |
Hello Pico
Whens the payout? Was it a date to be set in early August? and thanks in advance for any information.
This China thing is looming and could use the funds to maybe pick up a bargain?
However I'm staying put to the conclusion cause you never know whats round the corner and my crystal ball is a bit murky at the moment.
Found this link about the mobile market whether its relevant to the situation in time I will let others make their mind up.
hxxp://www.rethink-wireless.com/2015/07/08/smartphone-slowdown-hits-nearly-players-q2-page1
Anyway GLA |
Tatsfield, "do I still nominate the chairman but indicate my opposition on the form?" should be fine. I know our small holdings won't make a big difference but at least we will have a clear conscience by exercising our right for our holdings and opposing what deserves to be opposed. AIMHO. |
If shareholders have any questions relating to this announcement or the Scheme Document or the completion and return of the Forms of Proxy or CREST proxy voting, please call Equiniti on 0871 384 2809 (or, from outside the United Kingdom, +44 121 415 0089) between 8.30 a.m. and 5.30 p.m. Monday to Friday excluding UK public holidays. |
Got the recommendation and the proxy forms this morning. As a long term investor I do want to object to the offer. Does anyone know if there is a proxy who is acting for objectors or do I still nominate the chairman but indicate my opposition on the form? Not that my meagre holding will maker any difference in the greater scheme of things but I would like to take a stand nevertheless. |
Well if there is another bidder he had better show his hand by the start of the proms - 17 July.
Nice to see the price rise, so is there something afoot ? Either that or are the MM's taking profits on their cheap buys last week.
'We are all doomed' ...........LOL |
Yes pico thanks. So what's your take on the latest point another bidder would need to reveal their intentions? The general meeting at the end of the month or is that too late. Good to see this go back over the offer price again today |
pico, you are doing a great job keeping us informed. Much appreciated.
butmac, thanks for the encouragement |
Pico Condensed Information much appreciated.
For what its worth on my chart Anite is showing an engulfing bull tonight.
butmac |
EXPECTED TIMETABLE OF PRINCIPAL EVENTS
All times shown in this Scheme Document are London times unless otherwise stated.
Event
Time
Date
Latest time for lodging blue Form of Proxy for the Court Meeting
2.00 p.m.
28 July 20151
Latest time for lodging white Form of Proxy for the General Meeting
2.15 p.m.
28 July 20152
Voting Record Time
6.00 p.m.
28 July 20153
Court Meeting
2.00 p.m.
30 July 2015
General Meeting
2.15 p.m.
30 July 20154
The following dates are indicative only and are subject to change5
Court Sanction Hearing Date
A date expected to be in early August 2015 (“D”)6
Last day of dealings in the Anite Shares
D
Dealings in the Anite Shares suspended
5.00 p.m.
D
Scheme Record Date
6.00 p.m.
D
Effective Date of the Scheme
D+5
Delisting of the Anite Shares
7.30 a.m.
D+6
Latest date for despatch of cheques or for settlement through CREST
within 14 days of the Effective Date
Long Stop Date |
Seems like we may be able to buy a nice greek property soon for ? |
Plenty of time, second week of Wimbledon, Proms Season & then the fat lady has to sing.
Germans will insist on the dracma for Greece, so the Greeks have scored an own goal & walked off the pitch in protest - LOL. |
Not quite But |
As Frasier would say "Dads Army"
"We're All Doomed!"
Help! |
All in all, seems like a done deal - with the share price weakening below the offer price |
Irene
In the Kraft / Cadbury takeover it was found in the report that followed..................
'In the wider public policy context, we express our concern that the takeover of Cadbury by Kraft was ultimately decided by institutional investors motivated by short-term profits rather than those investors who had the company’s long-term interests at heart'.
So again, the institutions like the BOD always put their own interests before those of the shareholder majority which in effect makes a nonsense of putting shareholders interests first & foremost. |
 Pico,
Well said. I remember the trading partnership with Agilent which suddenly came to an abrupt end. Maybe this takeover was being planned back then to coincide with management's retirement plans, options vesting etc. The creation of Keysight's Dutch entity must have been a tax dodge to avoid US taxation and corporate governance. I wonder what the US authorities might think of this little manoeuvre. Anite's connections with China Mobile might also worry the authorities if the co. was based in the US.
If another bidder doesn't come out of the woodwork it raises the question of how good Anite actually is. If its as good as we all think it is I would have thought other bidders would be queuing up to take it over. The intellectual properties alone would probably justify a higher price let alone the human capital of a highly skilled workforce. I am surprised that a new management team haven't emerged to present a rival offer. As I've said before this is looking like a shoddy deal all round, with as usual the shareholders being shafted.
I wonder how many institutional votes have now been pledged in support of this deal? Surely the market should be updated with this info on a regular basis. |
Anite always used to refer to Agilent as their 'hardware partner' having made several partnership agreements with them circa 2008.
It can be assumed that Humphries & Brendish are on fairly good terms with the Agilent management.
No doubt in order to endear themselves to their 'old chums', they have stitched up the shareholders & put their own interests first.
Chris Humphrey has referred to a 'premium' in the offer price which simply is not true, hoping his words will act as a platitude to the shareholders.
The institutions really need to get tough over this nonsense talk & send Keysight packing. |
Why is next week critical?
I am assuming that any company that was cautiously considering making an offer for Anite, but saw no urgency prior to the current offer, will now want to complete its due diligence with more urgency. They would not want to jump in before reading the company results, but now these are in the public arena, and they are too good to let this company change hands at about 120p per share, then I am expecting others to show an interest soon, as in this coming week.
If there is no interest expressed this coming week I will be concerned.
Does anyone recall the time gap between the accepted offer by Barclays for ABM Amro and the competing offer coming in from RBS? |
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