Fih Share Discussion Threads

[weatherman] 13/4/2017 18:50

Dolphin is not going to make an offer at the present time, but reserves the right to increase its holding.

[weatherman] 11/4/2017 10:50

The price is sill above the 300p offer despite offer ending and FIG letter undermining Dolphin's possible bid. Some buying behind the scenes.

[eburne1960] 10/4/2017 12:11

Surely if the company already owns its land a change in beneficial ownership of the company won't make any difference? The letter from the FIG seems irrelevant, or am I missing something?

[aukley] 07/4/2017 16:49

Thank you for reply.

[eburne1960] 07/4/2017 16:33

Yes - as it says in the RNS the shares have been returned to accepting shareholders.

[aukley] 07/4/2017 15:59

Does lapsed mean that they have withdrawn the offer?

[weatherman] 06/4/2017 08:25

So bid has lapsed...only down a tad.

[weatherman] 05/4/2017 16:37

It shouldn't take long for the Rowlands to count up their level of acceptances :)

[weatherman] 05/4/2017 09:07

So, Fidelity has used this bid process to exit a sizeable holding. Can it be that they put pressure on Rowland to bid so they can sell in the market? Does Rowland family really want to win all of FIH? Why else stick so rigidly to a losing position? FIL shares seem to have been sold above the bid price to people / inst. who seem keen to hold on against the bid. I don't see any other inst. rushing for the exit?

[eburne1960] 04/4/2017 16:01

None - I was speculating. And as it turns out a JFC Watts has bought it, adding to his/her stake.

[weatherman] 04/4/2017 15:56

What evidence do you have that it is Dolphin ?

[eburne1960] 04/4/2017 15:33

So... has Dolphin snapped up FIL's stake?

[weatherman] 03/4/2017 21:02

I had the same - I told him I thought it was worth 450p, and he should feed this back to Rowlands.

[gheebee] 03/4/2017 18:42

I just took a call from a chap from Staunton asking me if I had/would accept their offer. I told him no and when he asked why I told him because the independent directors are Rowland puppets and if Elsztain wants the art business and the ferry for £3.30 a share then good for him.

[weatherman] 03/4/2017 17:18

What is it with fish? Blackfish, Bonefide Fish, Dolphin (OK not really a fish).

The Carver Family now have 7.3%.

We'll see what Dolphin are planning soon.

[gheebee] 03/4/2017 07:33

I agree with you wholeheartedly.

[weatherman] 03/4/2017 07:21

What are the duties of independent directors in a bid situation? Funny how in 2015 WH Ireland was saying FIH was worth 450p - why is it now only worth 300p?

It seems to me that the best thing for FIH is for it to remain an independent listed company and for both bidders to go away, and Edmund Rowland preferably to resign so we can have a dividend payment back. Many hold FIH partly for sentimental reasons anyway.

So my advice is to ignore both low bids.

And Martin Janser is still buying.

[gheebee] 02/4/2017 08:14

I wonder if the Argentina government will be equally understanding of their own citizen's willingness to bolster the status quo. Further militarizing of the islands is how it will look to them and their voters. Of course, if they don't stop him that may be because they know his assurances will be worthless once he actually has control.

[whackford] 02/4/2017 08:04

Interesting Gheebee.

The fact that Elstain has already had some "involvement" with the sensitive issue of Falklands defence, via Rafael, would suggest that he is already an "approved supplier". In which case his potential involvement with relatively non-sensitive commercial issues should make him acceptable, especially as Dolphin say they wish to retain management status quo and possibly introduce further investment to the islands.

[muckshifter] 01/4/2017 23:01

No
Regards

[bokorbilly] 31/3/2017 23:12

Something else slipped out today - announcement by FIG of new port facilities. This can only improve trading further.

hxxp://us8.campaign-archive2.com/?u=2abe0425e0c8db5d48bd90c90&id=0999c95cd3

[weatherman] 31/3/2017 21:32

Dolphin may be more likely to get a deal done if they become a minor partner in a bidding consortium with UK partner. This may run further. If you are a short term holder you may wish to sell on Monday morning mark up, but longer term holders may wish to hold out for more - imo dyor. Even if a bid fails remember the improvement in trading noted a few weeks ago.