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CDM Codemasters Group Holdings Plc

602.00
0.00 (0.00%)
20 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Codemasters Group Holdings Plc LSE:CDM London Ordinary Share GB00BFWZ2G72 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 602.00 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 602.00 GBX

Codemasters (CDM) Latest News

Real-Time news about Codemasters Group Holdings Plc (London Stock Exchange): 0 recent articles

Codemasters (CDM) Discussions and Chat

Codemasters Forums and Chat

Date Time Title Posts
11/2/202118:31Codemasters Group Holdings PLC424
13/12/202018:43Codemasters, new thread. 214

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Codemasters (CDM) Top Chat Posts

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Posted at 04/12/2020 21:23 by leading
I think it likely that this bid will be rejected in the first instance, then be improved and accepted. However, that all takes time and the market has had a strong run lately.

The price has risen to a decent premium versus the original bid at 485 and also a premium to the theoretical price at current share prices, which was 500p earlier today.

I was starting to get nervous on the risk reward front so sold at 512.5p today.

Good luck to all holders.

PS The corporate governance still stinks. But that’s AIM for you.

PPS Ali, I think it’s 16th Dec, but details are on the Investors section of CDM website.
Posted at 03/12/2020 11:54 by harris tweed
Well ilovefrogs, I'm a long term investor not a short term trader so if the share price falls in the short term then I wouldn't be that bothered. But if there are sufficient votes to block the deal then clearly the majority of shareholders believe the offer price isn't enough - so I'm not sure the stock would drop as you suggest.

I'm not necessarily against the deal in principle (and will probably carry on with Take Two shares if it does go though) but I believe the price is too low.

If we get a better offer from Take Two or from someone else then that would also be a good result IMO.
Posted at 02/12/2020 10:44 by daveme
Based on a TTWO share price of $180 and a $1.34:£1 exchange rate, CDM's value is £5.00 per share, hence hopefully the initial £4.85 price will be just that, i.e. a starting price.
Posted at 26/11/2020 14:16 by dicktrade
to save me scrolling back to find the offer does anyone have a quick calc to find
the offer price with the TTWO share price @ $174 using GBP of $1.34 please.
Posted at 23/11/2020 21:00 by daveme
Interesting the share price is above the equivalent offer from TTWO. The market obviously feels the offer undervalues CDM and expects a higher offer, either from TTWO or someone else.
Posted at 10/11/2020 08:53 by petes5
Looks like the share price shot up and then down so the offer is now below the closing price. Typical. I am very annoyed and out. Second share recently that has been taken out at a low price.
Posted at 09/11/2020 12:14 by stuffee
Melody

Could u (or any other) pls post Sagnier's email address. I tried to email him yesterday to explain ludicrous terms that provided massive benefit to TTWO at CDM shareholders expense etc, with $800m gain in TTWO's market cap following announcement etc, but my email bounced back. Even if CDM only received half this gain, its shareholders would be entitled to an additional 200p per share, ($400m @ $1.3 with 152m share in issue).

If 10 of the posters on this site email him or Gerhard Florin, the Chairman, explaining their view, they just might reconsider. I guess proposal will proceed by a Scheme of Arrangement that will require approval from 75% of shareholders and hopefully the Board and their heroic advisers at Jefferies will realise that we don't like being legged over by TTWO and Goldman, and there is a realistic chance Scheme will fail.
Posted at 07/11/2020 14:49 by stuffee
Very disappointed with this.

Too much gain for Take-Two at Codemasters' shareholders' éxpense. Large part of consideration comes from CDM's own cash. Introducing debt into consideration enhances Take-Two's eps irrespective of synergy gains and CDM's great prospects. Not surprising Take-Two's price increased by $7 on announcement, increasing its market cap by $800m - that's a gift from us to Take-Two! What's amazing is that the CDM board and its advisers don't appear to have followed normal practise of fixing share exchange terms when deal announced, merely referring to value of 485p (120p cash and 365p in Take-Two stock), so no benefit to us from yesterday's predictable TTWO price gain - naive in extreme. The Board and Jefferies, its advisers have been totally legged over by the US.

I will be voting against. I regret chances of any counter offer look pretty low in view of lock down restrictions, but I would rather retain CDM as an independent company, until a fair proposal turns up, maybe at a later date.
Posted at 06/11/2020 17:32 by lancasterbomber
Let's see what the share price is on Monday, see if goes above oiffer price
Posted at 22/5/2020 09:39 by 3rd eye
CDN Codemasters.........news update below



Turns out the brokers like the news...........

Codemasters Group Holdings Plc... CDM Shore Capital Buy 312.50 312.50 - - Reiterates

Codemasters Group Holdings Plc... CDM Peel Hunt Buy 312.50 312.50 375.00 - Reiterates share price Target 375p

Codemasters Group Holdings Plc... CDM Liberum Capital Buy 312.50 312.50 370.00 - Reiterates share price target 370p
Codemasters share price data is direct from the London Stock Exchange

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