Close Brothers Share Discussion Threads

[konkel] 09/11/2007 14:45

I'm out at 915p....my view is there's no chance of winning it at 950p but Andy Stewart is not the type to overpay. My guess is no-one else comes in, Cenkos don't get it at 950. Ergo, bid lapses and stock falls to 750p.

[tipsytoad] 09/11/2007 10:46

Company name: Close BR.Grp.
Company Description: City merchant banking; corporate finance; banking activity comprising treasury, property lending, insurance premium finance, debt factoring, credit management and residential mortgage arranging; asset management; asset finance consisting of commercial asset finance, consumer finance and specialist finance services to the armed forces; market-making

covers a broad spectrum

[tipsytoad] 09/11/2007 10:44

this has to be the safest bank stock to invest in

at least someone wants to buy it- lol

[tipsytoad] 09/11/2007 10:11

taken the plunge and bought in on the drop

hope this is not the kiss of death for you guys

[gammybaby] 08/11/2007 11:11

LONDON (Thomson Financial) - UK investment bank Close Brothers has rejected
as too low an approach from rivals Cenkos Securities and Landsbanki about a
possible 950 pence per share offer for the group.
"The directors consider that this offer is wholly inadequate and accordingly
have rejected the approach. The board does not propose to pursue discussions
with the consortium," Close Brothers said in a statement.
Close Brothers shares were up 18.4 pct at 900 pence by 9.20 am.

[e-mail]

[gammybaby] 08/11/2007 11:05

agree....i see 10-12 for it...good uk inv bank, wait for the yanks to start sniffing around it when they wake up!

[inv] 08/11/2007 10:40

this will go for about £11.00 in the end

[inv] 08/11/2007 10:40

this will go for about £11.00 in the end

[konkel] 08/11/2007 09:09

I see my £9-10 prediction, in a bid situation, wasn't too bad :-)

[bloodsports] 08/11/2007 08:49

What is the news? I had a look on TD but could not see a lot, unless i missed it.

[davenash] 08/11/2007 08:39

Gammybaby
Saw your tip on yesterdays Barc board but too late to do anything about it.
Well done mate, will keep an eye open for your next tip

[safman] 08/11/2007 08:31

boody ell.. now that is a surprise.. certainly did'nt expect Close to be a buyout target..

saffy..

[tipsytoad] 08/11/2007 08:29

congratulations gammybaby
well called
tipsy

[gammybaby] 08/11/2007 08:21

lol!.yipeeeeeeeeeeeeeeeeeeeeeeeeeee!

[konkel] 06/11/2007 08:50

Has to be £9-10 in a bid situation.

[gammybaby] 06/11/2007 07:46

takeover rumours...wondered why price up in carnage day........watch it fly if there is!

[silverfern] 23/10/2007 08:07

I bought in today for my ISA. I think this time next year we'll be over the current shocks and this looks good vlalue.

[nirvs] 18/10/2007 07:02

Looks like a drop thru neckline of H&S yesterday on HIGH volume. The share price has steadily dropped from the March 1100p high...a 40% drop? Main trend seems down from here....690 first stop?

[bloodsports] 16/10/2007 12:45

Hi- they are good value when sentiment changes they'll rise from here quickly. Bussnessess are solid earners too.

[robsy2] 12/10/2007 12:36

Hi Blood
Very good results, What a great company!

[baht] 10/10/2007 16:03

Surprised that nobody here has commented on the Plus Markets share suspense. This is due to Takeover approach and Close Bros are involved in both ends of the deal(?). They own a reasonable chunk of PMK I believe, they have just taken on a former LSE Director and they are rumoured to be part of a consortium taking over PMK to establish a rival stockmarket to the LSE.

[bloodsports] 10/10/2007 14:52

Yes- probably. Although i thnik there may be more if holding for a while is your thing. Think a lot of stock in the banking sector is undervalued if your happy to take 5 year plus view on it.

[gammybaby] 09/10/2007 18:47

think theres an easy 20% by crimbo imho

[gammybaby] 09/10/2007 18:46

yep....picked up a few at 8.30 - ok down 50p but so is the div (25p and special div)... so happy to sit back and hold...amazed how quiet it is!

[bloodsports] 09/10/2007 15:55

Lonely on here!
Just brought a few more- they posted good results i was impressed and the managment seem confident whatever the market conditions. Not bad divi too at this level.