||EPS - Basic
||Market Cap (m)
|Food & Drug Retailers
Booker Group Share Discussion Threads
Showing 1951 to 1972 of 1975 messages
|Well it certainly looks like the market thinks that the merger won't happen. It will be interesting to see if it does. My bet is still that it will, CW is a pretty determined and thorough chap, if anyone can make it happen it will be him.|
|Schroders who are one of Tesco's largest shareholders at just under 5% are asking for Tesco to reconsider its £3.7bn bid for Booker as they do not think it will create shareholder value.|
|Kazoom, I am not suggesting that the answer for you is in the charts. It will be for those wishing to cash in on their profits or those who have share schemes in the company. It will be for those who have stop losses in place or even trailing stops. Share price performance and investment returns is all about charts. News may move it one way or another but its the charts that indicate how much profit or loss you have made. Charts are based on not only past performance but current actual price movements.|
|The answer is not in the charts here Bapodra; it's all in whether the competition authorities challenge the deal.
Tesco described is as "low risk", but I really don't understand that point of view, to me it is plainly anticompetitive - taking out a substantial competitor in the "convenience" space and taking up one of the main supliers into that same market.
I presume Tesco made that statement as a bit of a gambit, assuming that the CMA are either toothless or clueless; but I can't personally see how this would get an easy pass.
Anyone know the timelines?|
|This needs to stay above £2.00 if possible.|
|This is holding up rather well above £2.00 which is an extremely positive sign.|
|If Booker stays above £2.00 then that would be extremely positive.|
|spob, obviously the CMA could block the deal but it is being described as 'low risk' and both companies have the top dogs working on it. To get to this stage will have involved months of preparation. Companies don't tend to go to that amount of trouble and expense if they think there is a real chance that they are wasting their time. But as you say, the risk should be considered.|
|... if the CMA blocks the deal ... how much do you lose ?|
|Just checking the sums:
With Tesco currently trading at 203p and BOK at 207p we make a profit of 21p.
0.861 x 203p = 174.78p
final div 4.03p
return of capital 3.3p
Minus current BOK price 207p
Plus we will get a closing dividend proportional to this tax year.
BOK looking like a buy to me.|
|It will be interesting to see the share price action next week.|
|What a sad day, Tesco recked the convenience store now they reckon the superstore is waining, so they want to head back to the high street. Less choice for the customer, screw the suppliers even more and close stores and shed staff if it suits. I wouldn't buy Tesco shares ever!! The MMC should block it anyway.|
|Just watched the presentation available at the website, it's worth doing if you have the time. Charles seems happy to take on the new role.|
|Who would expect that. I thought Tesco is running out of money and yhis announcement came as a surprise. Anyway, Off the Booker. Should you look for a new aim, check AMC company. This is an aim explorer dealing with a big project, most likely to be taken over by a large player this or next year. You like the takeover word, right? :)|
|With CW he was often mentioned as a future CEO at M&S. Booker shares were around 20p when he joined, from memory. Be interesting what his brief at Tesco will be and how he settles from being a CEO at Booker.|
|Yes you're right grantley which is why buying BOK is a no brainer. Also CW will do wonders for Tesco (see he has agreed to take all new Tesco shares) so their price will continue north IMO.|
|Good point about CW being at Tesco now. Do we know the timeline of when this should actually happen? Am I correct that if a Tesco share is approx. 210p shareholders would get approx. 180.8 value in Tesco share +42p = 222.8?|
|Well financially it makes sense to buy BOK shares if we get 42p back and .861 shares in Tesco. More importantly the new Tesco will have Charles Wilson and we know how good he is at turning companies around!|
|Do we get a vote?|
|If I wanted Tesco shares I'd buy them. Don't think this is a good deal for us at all.|
|this could be a good short
possible CMA block|
|should have been 1for1 share plus the 42p cash.
Described as a merger because its such a pitiful takeover premium...|