Brammer Share Discussion Threads

[freddie ferret] 05/1/2017 18:47

Bit sad, another great name no longer listed.

[brulot] 01/12/2016 15:18

No Gargoyle, I did some non price sensitive work for Brammer but did pick up the usual chatter and although sales have improved in some areas the overall situation I understand is nothing to be excited about.

[gargoyle2] 01/12/2016 14:44

Thanks brulot. Good intel. Unless you work for Advent of course :)

[brulot] 01/12/2016 13:58

Without the RI the banks were ready to pull the plug. The general feeling amongst Brammer employees is that this will be the only deal on the table. Never say never but having predicted a bid from Bunzl my feeling is that this will be the final offer.

[gargoyle2] 01/12/2016 13:23

Anyone still holding here? Agreed bid at 165 but trading at 170. Seems the market is expecting further action here imo. 165 seemed cheap to me for an agreed bid. Suspect that management have been buttered up with promises of a PE style bonus / incentive arrangement, so recommending the bid wasn't too difficult. Keep watching (and holding) imo.

[toffeeman] 23/11/2016 16:54

A bidding war would be nice, but I can't see it. Surely the BoD and nomad will have been hawking this around and given that it's recommended they don't see an alternative but wtfdik

[gargoyle2] 23/11/2016 15:45

In the meantime, we're now trading above the offer price. Market clearly thinks there's a good chance of another bidder emerging. As a PE investor, Advent certainly won't be overpaying, so that could well be right imo.

[gargoyle2] 23/11/2016 15:44

I suspect he did the same thing on LVD yesterday.. you just can't compete with experts like that.

[andyr42] 23/11/2016 14:39

Thanks Toffeeman, you make a fair point.

[andyr42] 23/11/2016 13:10

Potential, seems fishy to me you bought yesterday and the bid was revealed today? How did you know? Perhaps you can share your secrets with mere mortals so we can make a few quid, what you think?

[rossy73] 23/11/2016 13:02

May not be a done deal at £1.65 and there could be other offers. I can sell 250k just below the offer at £1.6547 i.e. the market looks like its expecting more to come

[toffeeman] 23/11/2016 11:03

Or reduced loss for some of us!

[tdog1975] 23/11/2016 09:22

Well done to those that held on, nice profit off the back of this.

[toffeeman] 23/11/2016 09:20

Fantasy money more like!

[brulot] 23/11/2016 08:47

Well it went to exactly what I predicted so well pleased. Bunzl might still come in.

[redartbmud] 23/11/2016 08:43

Monopoly money?

[potential] 23/11/2016 08:28

Bought 50k cash here yesterday at 96p just made a profit of 35k in one day !!!! Have a nice day :)

[redartbmud] 23/11/2016 07:58

Escape with a big loss. Better than losing the lot.

[broadwood] 23/11/2016 07:36

Back from the depths.

[toffeeman] 23/11/2016 07:11

Well it will put me and Bram out of our misery :)

[abcd1234] 23/11/2016 07:06

Thank you BRAM ;O)

[bigbigdave] 23/11/2016 07:04

Offer 165p

[rossy73] 02/11/2016 08:41

Looks like the signs of a buyer back today. Able to sell 85000 at 100.25 i.e. just below current offer 100.50 and a drop of a couple of pence on very little volume

[freddie ferret] 29/10/2016 15:17

This has been hammered a long way down.
The last lot of bad news did NOT cause it to fall below the low of June.
Being bought on the recovery argument which may be a long time in coming.
£ has also fallen which is good for exports.