Chemring Share Discussion Threads

[aleks_atanasov] 29/8/2012 08:27

Bid target Chemring tumbles 13pc on profits warning



CHEMRING ISSUES PROFIT WARNING



Downbeat forecast sees Chemring shares tumble



edit:
"Oliver Sleath, an analyst at Credit Suisse, said. "We think this would be more likely to result in a lower price for the bid,THAN affecting the probability of the takeover going ahead." "

yep i agree, that boy Oliver knows what he's talking about

[aleks_atanasov] 28/8/2012 11:14

right no point arguing. yes i am amused when people think they can predict the future.... tho i have to be thankful without them i cant make profits.

[liam1om] 28/8/2012 11:05

"i say i cant make that money if i go to my local casino.... therefore its not a gamble. also made some hard research all the way back to 2006.

here is my question ... then why do you think its a gamble? no am not saying its 100%..."

Alek - So if its not 100% its a gamble??? Sort it out.

[liam1om] 28/8/2012 10:07

aleks - Why is it not a gamble as to whether a bid will emerge or not? So you think its definitely 100% on?

In a month, the share price will either be around 200-240 or around 400p in my opinion.

[bravo1] 28/8/2012 10:03

I agree aleks, JAWS , I think we will see more than one interested predator IMHO of course, but this is a good fit to more than one other companys products portfolio.

[mida5] 28/8/2012 09:58

liam1om, disappointing price but I do agree with you

[aleks_atanasov] 28/8/2012 09:57

nope its definitely not a gamble... tho there is huge risk of profit warning because of the economy right now in these situations.

Anyone who thinks he/she knows where it will bottom if the talks collapse is an idiot.

[liam1om] 28/8/2012 09:50

I suspect this would probably be trading nearer 225 if we weren't in a bid situation.

It really is a gamble now as to whether a bid will emerge.

If I had been considering making a bid, I would pull out let the price collapse to probably nearer 200p then come back in a six months.

[mj19] 28/8/2012 09:46

310 on the way

[jaws6] 28/8/2012 09:24

bravo
let's hope more then 1 bidders come to get us above 430 on today's news
will try to add more if drop near 310

[bravo1] 28/8/2012 09:22

kick in the nuts for everybody this morning, I am suprised they issued this warning at this particular time, unless they were compelled to do so in light of a recent approach- I expect the share price to get trashed, oversold - then settle down- though where is anybodys guess....on a brighter note this may well attract more predators who will be attracted by the smell of blood :)

[mida5] 28/8/2012 09:22

What will the price be if there is no bid?

[aleks_atanasov] 28/8/2012 08:55

"ZeusEq 28 Aug'12 - 08:24 - 604 of 606


Low ball offer expected to be rebuffed. 230p soon chaps."

yeah and you know that because you have a magic crystal ball.... nobody knows the future.

[mechanical trader] 28/8/2012 08:30

Has this been set up so the
offer can go ahead at a lower
take out SP??.

[salpara111] 28/8/2012 08:28

Clearly a disappointing set of results.
Order book shrinking
£15M knocked off profits due to a purely self inflicted screw up.
I thought I might take a stake if the share price fell back but not on this sort of news!
Any offer now is likely to be pretty soft and will probably be rejected my major shareholders.

[zeuseq] 28/8/2012 08:24

Low ball offer expected to be rebuffed. 230p soon chaps.

[aleks_atanasov] 23/8/2012 11:34

nope again the plan is going according to plan so far. they must inform the market no later than Sep 14 1700 hrs if the talks have stalled and there wont be a bid or if there is a need for more time.

ganthorpe - you been told that the Co. has been approached and now they are negotiating also probably by now in my opinion doing due diligence - I don't find this confusing.

hvs - haha , yeah!

edit: well, no! a Co is not overvalued or undervalued right now, its worth what a buyer is ready to pay, once the offer is launched all bets are off.

[hvs] 23/8/2012 10:12

lol!!!!!

Who will BID.

Very very funny for a very overvalued company.