Brixton Share Discussion Threads

[tokolosh] 28/5/2009 10:07

Hmmm, and it worked - stopped out my SB, still made a nice profit.

Added some to my ISA on the dip.

[explorer88] 28/5/2009 10:04

weak markets, tree shake, trigger sb stop losses...

[sportbilly1976] 28/5/2009 10:01

anything behind that drop?

[letsgetbizzay] 28/5/2009 09:49

Hi Billy ;-)

I didn't realise you were on this board also...might stick around for a while now x sorry I haven't been in touch for a while, been busy buying a new apartment and moving. Just need a few days to relax now...

I'll check out that email you sent me again, that should get me going ;)

[sportbilly1976] 28/5/2009 09:39

bizzay...

I couldnt agree more...just need some buyers to realise this!!

how are you btw?

[letsgetbizzay] 28/5/2009 09:38

This is a great buying opportunity.

[hectorp] 28/5/2009 08:21

Well done Gnome.
- agree warmsun, watch the vols.
Some buyers creeping in here.

[warmsun] 28/5/2009 08:14

Less than 100k traded - I would be worried if we were down on mounting volume but hopefully just marked down on MMs trying to shake out some holders, let's see how the day unfolds.

[lord gnome] 28/5/2009 08:11

I'm out at 70.2. Wanted to protect my profits on what has been my best spread bet ever. A great ride, with two bites at the cherry resulting in a net profit of 47 points. I may well be back, but if not, good luck to all holders.

[shammytime] 28/5/2009 08:10

Yep, not looking very nice all round today.

[hectorp] 28/5/2009 08:09

Possible resistance, and a falling market, today.

[explorer88] 27/5/2009 17:30

Bainsey - yes, QED is certainly a potential bid target. I'd say 100p looks about right for a cash offer.

[bainsey] 27/5/2009 17:14

another takeover target like bxtn ?

qed

Quintain Estates & Development plc


Announcement of Preliminary Results






Quintain Estates & Development plc will announce preliminary results for the
year ended 31 March 2009 on Thursday 4 June 2009.




For further information, please contact:




Quintain Estates & Development plc
Rebecca Worthington
Tel: [phone]

[sportbilly1976] 27/5/2009 15:20

a couple more chunky buys...300k and 415k at 73p

[willyworm2] 27/5/2009 15:00

but Hamsterape

you are assuming an increase in issued equity without any increase in assets to calcualte a correct value per share. Surely the whole point is to issue equity - +13% as you say - but in return the combined business would be worth more. so more value divided by more shares would leave the share price relatively unchanged.

[hamsterape] 27/5/2009 14:12

One assumes that the SGRO price will fall slightly and the BXTN price rise.

SGRO has a market cap of £1,500m whereas BXTN is about £200m, representing
about 13% the size of SGRO.

Let's say SEGRO were to produce NEW equity to purchase BXTN - they
would have to increase their float by 13% at nil value which means that
the price would drop to about 22p. Although this is somewhat artificial, it
seems that there is a theoretical downward bias - if you then take into
account arbitrageurs perhaps a drop to 20p isn't unreasonable.

So a 3-shares-plus-30p-cash offering would produce a take-out price of 90p.

If that seems a bit low then maybe a four-share-plus-30p deal is more likely,
giving a take-out price of 110p, or perhaps three-plus-50p.

[sportbilly1976] 27/5/2009 14:09

100k on the sell side of the order book here, at 73.5p and also at 74p.....

[warmsun] 27/5/2009 14:03

Moving up again :-)

[sportbilly1976] 27/5/2009 13:52

UBS sold 193k on Friday.....

[sportbilly1976] 27/5/2009 13:15

warmsun,

no problem...any time :-)

[warmsun] 27/5/2009 12:26

Very informative postings - much appreciated.

[lord gnome] 27/5/2009 11:51

Exactly 108 shammy

[shammytime] 27/5/2009 11:43

sportbilly, is that the equivalent of 108p per share bid?

[sportbilly1976] 27/5/2009 11:32

..and the Sergo share price is holding firm too...

a 3 SGRO shares + 30p cash wil do me ;-)