Currys Share Discussion Threads

[schofi2] 13/3/2024 11:15

I'm not interested in a takeover not at the prices mentioned anyway.
With Assets of £1.82BN that gives a price more than double the present, and with the future looking bright i'm looking into the future for a lot bigger rise.

In 2008 around the financial collapse CURY was worth 30p
2 years later 180p a x6 gain
5 years later 273p a x9 gain
6 years later 461p a x15 gain, and went even higher later.
The economy wasn't in really good shape then, but currys knows how to pull things around.
I'm not saying that we will ever see these prices again but current prices are on the very low side historically. And the economy has had quite a big boost these last three months, especially for hard working and hard spending people.
personally I would prefer to be in here for the long haul.

DYOR and don't take much notice of the dogs.
CURY made a profit of £119m last year, have net assets at least double the present value.
(I can do boring repeats as well of REAL FACTS)

[netcurtains] 13/3/2024 09:48

Re: " NO irrevocable and binding Offers to buy Currys are on the table today"

Just to clarify: are any bids for any companies ever irrevocable and binding Offers?

I dont know how a bid process works...

Do they become "irrevocable and binding" when both sides agree to the deal or is it when they have actually signed some legal document? Or paid the cash?

Thanks for any info...

[factsandfigures] 13/3/2024 09:39

You really couldn't make it up, but the FAILED share ramper is now ARGUING with his other usernames



and for anyone that doesn't know already there are still NO irrevocable and binding Offers to buy Currys are on the table today

That's now 25 days worth of FAILED share ramping !!

[netcurtains] 13/3/2024 09:32

Yep - Dont follow me! It screws up my thinking. Its a timing thing. If you buy AFTER me and sell AFTER me then most like you have done it wrong - it has to be the exact same time or its not really following its a separate investment. And most times it does not work..

The very nature of FOLLOWING means you are not following in the sense you hope...

So dont follow anyone UNLESS you are making a long term investment where the timing is not important.... I guess solarno might be thinking of the well known road haulage company that has just got taken over..... I totally missed the boat on that - although I was in it for quite a while.. WIN (Wincanton)

[solarno lopez] 13/3/2024 09:30

It could be classed as ramping

[premium beeks] 13/3/2024 09:13

A reminder it's entirely irrelevant what people hold and what they say on these boards.

[solarno lopez] 13/3/2024 09:11

Netcurtains is a bright and intellectual investor and I follow him on other boards np

Read this ....However I might buy the entire lot back if I get a good price...

[premium beeks] 13/3/2024 08:50

Why do you care about netcurtains' holdings?

[vikingwarrier] 13/3/2024 08:50

agree Solerno 80-85p

[solarno lopez] 13/3/2024 08:47

netcurtains11 Mar '24 - 08:15 - 6460 of 6600

It shows you I was wise to sell 3/4 of my holding last week.. However I might buy the entire lot back if I get a good price...

My gut feeling is JD is going to make a bid and it will be about 80p ....

[factsandfigures] 13/3/2024 08:45

So, share ramper using using multiple ADVFN usernames, tell us exactly how many irrevocable, binding Offers to buy Currys are on the table today then ??

That's still NONE, ZILCH, NADA, ZIP, NIL !!

[highlands] 13/3/2024 08:44

Not long to go to find out if there will be any offer from JD.comThe deadline is Monday, 5 pm unless extended.

[highlands] 13/3/2024 08:40

In accordance with Rule 2.6(a) of the Code, JD.com is required, by not later than 5.00 p.m. on 18 March 2024, to either announce a firm intention to make an offer for Currys in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline can be extended with the consent of the Takeover Panel in accordance with Rule 2.6(c) of the Code.

[netcurtains] 13/3/2024 08:34

SL: As I always said I have 1/4 of my original holding. Its pure flutter money now...

[solarno lopez] 13/3/2024 08:29

Have you bought back in NC ?

[netcurtains] 13/3/2024 08:26

Are any bookies giving odds on the likelihood of a a bid?

My gut feeling is its HIGHER then the market thinks it is...

The mid point between 48p and 75p is 62p (ish)
So market thinks the odds of a bid are about 48%
and odds against 52%

Close.....

[netcurtains] 12/3/2024 18:58

Interesting facts and figures from JD.com
On Twitter

[ukneonboy] 12/3/2024 18:53

Despite another day of FAILED share ramping there are still no irrevocable and binding Offers on the table to buy Currys PLC



No official Offer documents or Acceptance forms are being sent out in the mail



The Share Rampers are left with egg on their faces ............ again !!!
( that's 24 days now )

[netcurtains] 12/3/2024 18:50

4 working days for a bid to arrive...

One assumes its 3 days as the companies
need haggle room on Monday...

So its getting to the end of the road...

[vikingwarrier] 12/3/2024 18:29

Assets £1.82BN
Eliliot tried to buy with £756M

profit for Elliot £1.066BN

CURYs is far too underpriced

[schofi2] 12/3/2024 18:13

In 2008 around the financial collapse CURY was worth 30p
2 years later 180p a x6 gain
5 years later 273p a x9 gain
6 years later 461p a x15 gain, and went even higher later.
The economy wasn't in really good shape then, but currys knows how to pull things around.
I'm not saying that we will ever see these prices again but current prices are on the very low side historically. And the economy has had quite a big boost these last three months, especially for hard working and hard spending people.
personally I would prefer to be in here for the long haul.

DYOR and don't take much notice of the dogs.
CURY made a profit of £119m last year, have net assets at least double the present value.
(I can do boring repeats as well of REAL FACTS)

[schofi2] 12/3/2024 18:10

CURY made a profit of £119m last year FACT and PROOF, have net assets at least double the present value.
There was a right down of goodwill but that was not a money or operational loss.



If anyone says that there was a loss without saying what the loss was and showing proof like I have, then the lie is laid bare.

[schofi2] 12/3/2024 18:08

Shorters are still posting the same old same old. Keep it going lads it's making us that use real facts look good.

[factsandfigures] 12/3/2024 17:24

Share rampers don't like it, when their lies and falsehoods get busted.