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Share Name Share Symbol Market Type Share ISIN Share Description
Daejan Holdings Plc LSE:DJAN London Ordinary Share GB0002502036 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 8,050.00 8,040.00 8,050.00 - 0.00 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 0.0 137.8 0.0 - 1,312

Daejan Share Discussion Threads

Showing 1376 to 1398 of 1450 messages
Chat Pages: 58  57  56  55  54  53  52  51  50  49  48  47  Older
DateSubjectAuthorDiscuss
21/2/2020
13:54
SKYSHIP, I'm not talking about a counter offer. They've made it very clear that option is off the table! I was wondering if an activist with sufficient leverage could "persuade" the family to bump the offer. Hence the slightly tongue-in-cheek reference to Paul Singer, who is known for being aggressive in these situations. Congratulations on calling this last week ... incredible timing!!
epistrophy
21/2/2020
13:53
spob - love yr moneybags cartoon...feel a bit like that myself today.
skyship
21/2/2020
13:36
Yes, the RNS says they will not sell shares to anyone else in the event of a counter offer
spob
21/2/2020
13:34
Epistrophy - I'm sure you jest; but in case not - please, please, please don't commit cash on the expectation of a counter offer because the one on the table is unfair to minority holders. # The family own 80% # The family state this is the one and only offer # Ergo no counter offer permitted # No counter offer would be accepted - the family own 80% # DJAN is the family's SIPP etcetcetc. Personally, I'm happy with the facts as stated in Note 5 to the Offer doc.
skyship
21/2/2020
13:32
Only bought this 7 days ago that's 52.25% in one week If I could do that every week, that would be about 311 Billion per cent per year LOl
spob
21/2/2020
13:27
Offer at 67% of NAV. If you read the announcement it basically says "tough luck" to minority shareholders. So the family doesn't like publicity? Perhaps there's an opportunity for an activist willing to play a bit dirty here. Anyone have Paul Singer's number...?
epistrophy
21/2/2020
13:26
Hmm - Mountview (MTVW): # Sp 12800; NAV 9570; Yld 3.1% # Sp UP 28% since Oct'19 # RSI now above 70 I would suggest if you're a holder, thank your lucky stars & SELL. If you're a newbie - SHORT. Sorry, you'll find I don't sit on the fence when it comes to VALUE...
skyship
21/2/2020
12:41
many thanks for sharing your ideas all very useful. with regards to mountview- i have looked at this over the years i'm not sure today whether there is the same degree of value on offer but now will take more detailed look along with AEWL.Thanks for the other suggestions for most of these funds i wanted to allocate to property but will take a look at the other ideas.
bisiboy
21/2/2020
11:08
Agree with Kinwah the family will always do what is best for the family not the mins . Timing is interesting ...... UK interest rates at rock bottom ( thks to QE ) and uncertainty re Corbyn Marxist government is gone .. plus stronger U$ so I can see the attraction of going private now with long term £ debt so cheap . My book cost is £55 so not complaining .
bench2
21/2/2020
10:22
Russman, technically you are right. I have quite a bit of experience of being a minority shareholder and the thing to always remember is you are at the mercy of the controlling shareholders and must rely on their goodwill to get looked after. The Freshwaters were under no obligation to buy the Daejan minority although I can see why they wanted to do it. All in all I think the offer price is a reasonable compromise. There have been some subtle changes in the Listing Rules over the last few years which have made life more awkward for listed companies which have controlling shareholders. These include separate votes at AGMs for electing non-executive directors. Listed companies must also have 25% of the shares as a free float although there is an exemption which Daejan used for companies with a market cap of over £100 million. I think other family controlled companies might be thinking about whether they need the inconvenience of being listed.
kinwah
21/2/2020
10:11
Well done on these!
skinny
21/2/2020
10:06
Russman - worth reading through the Offer RNS on that point. Go forward to Note 5.
skyship
21/2/2020
09:56
NTAV 120 Offer 80 The offer to minority shareholders is inequitable.
russman
21/2/2020
09:52
You're welcome spob, Glen. Thanks for your support. An early payday for us both!
profdoc
21/2/2020
09:46
Well done the Freshwater family , but we could have been waiting another ten years for this . Worth reading the bid statement as there is only a 20% free float and the Freshwater family want to take this private so a counter bid is unlikely . It is often a long wait being a minority holder in a family run Propco .. but I also own Mountview which may be of interest to bisiboy .
bench2
21/2/2020
09:38
Thnx Kinwah… bisiboy - What to do with the cash? Personally I want to retain my allocation to the sector; so am likely to buy back into RGL after they reveal their fundraising terms. I sold there in anticipation; having been massively overweight and enjoying the run. Elsewhere, I believe AEWL at the moment to be the cheapest small/regional propco/REIT. Their now historic problem with a single tenant still hangs over the sp, so at 75p (poss. on offer at 74.5p) they trade at a 20.7% discount and a 7.3% yield. AEWL has a size problem. IMO they are too small to continue as an independent company. They can't raise further capital due to both the discount and management credibility. They will either accede to a bid; or opt for voluntary liquidation. Once again they will go at a discount; but a deal at, say, 85p (a 10% discount to the 94.6p NAV) would deliver a nice turn, + the dividends in between.
skyship
21/2/2020
09:17
Bit different but William Hill look interesting with US expansion.
chillpill
21/2/2020
09:10
oh well as a long term shareholder i am disappointed to see these go, any suggestions for something similar with the cash pile!
bisiboy
21/2/2020
08:53
Well done Skyship and other holders! Some great posts which were bang on the money.
kinwah
21/2/2020
08:49
well done to holders Luckily for me not short
ntv
21/2/2020
08:48
https://newsletters.advfn.com/deepvalueshares/
spob
21/2/2020
08:46
Special thanks to Professor Glen Arnold who prompted me to buy these back again
spob
21/2/2020
08:15
No! Already cashed in my shares. Happy Days...
skyship
Chat Pages: 58  57  56  55  54  53  52  51  50  49  48  47  Older
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